Gate Crypto Flash News and Market Updates

According to China's State Administration of Foreign Exchange (SAFE) Deputy Director Li Bin, the regulator cracked down on illegal foreign exchange activities including underground money operations in the first half of 2026. SAFE handled over 300 cases and imposed penalties and confiscations

According to Benzinga citing a latest report by BNP Paribas, AMD's MI450 accelerator paired with Helios rack-level architecture represents the company's first genuine opportunity to compete in the fully integrated AI systems space where Nvidia has established significant dominance.
The MI450

According to Foresight News, VEX, a capital delegation protocol, has unveiled Hypervexing, an AI trading workspace for Hyperliquid. The platform integrates Hyperliquid position, chart, orderbook, trade and funding rate data, enabling AI agents to monitor markets in real time, assess user

According to Foresight News, Saturn's USDat Pendle market went live on Monad on July 17. Users can earn fixed and floating yields on Treasury bill-backed positions through the market.
Saturn's STRC staking strategy is launching soon on Monad, with the first maturity date set for

According to Greeks.live via BlockBeats, on July 17, 19,000 BTC options expiring today with a Put-Call Ratio (PCR) of 0.9, max pain at $63,000, and notional value of approximately $1.2 billion. Simultaneously, 123,000 ETH options expire with PCR reaching 1.61 and notional value of roughly $230

Gate News reports that, according to a recent official market announcement, CRDU (2x long CRDO daily ETF), IREZ (2x short IREN daily ETF), and SNDQ (2x short SanDisk ETF) will complete their stock split and reverse split operations. Gate will simultaneously support and assist with implementing this adjustment. CRDU will undergo a stock split with a ratio of 1:4; IREZ and SNDQ will undergo reverse splits with ratios of 3:1 and 10:1, respectively. At 14:00 on July 21, 2026 (UTC+8), trading for CRD

Gate News message, a whale trader on Hyperliquid closed a 32.3K $SPCX short position with approximately $4.07M notional value, realizing $927.9K in profit. The trader's lifetime PnL stands at -$4.9M.

According to Blockworks Research, on-chain consumption of tokenized trading card collections reached $324 million in June 2026, surging more than five times from roughly $50 million in the same period last year. The growth contrasts sharply with a 20% decline in Bitcoin to a 21-month low and

Gate News says that on July 17, according to Gate market data, as of the time of writing, EGL1 (EaglesLanding) is trading at $0.01418. In the past 24 hours, it has risen 111.16%, reaching a high of $0.02951 and dipping to a low of $0.01159. The 24-hour trading volume is $207,900. Its current market cap is approximately $14.18 million. EaglesLanding EGL1 is the first super hero meme coin on BSC. It took off on the Fourmeme platform, with the grand presence of Marvel comics, perfectly embodying th

According to Reuters, Beijing-based AI startup Moonshot unveiled Kimi K3 on July 17, a 2.8 trillion-parameter open-weight model supporting a 1 million-token context window. The model performed competitively with Anthropic's Fable 5 and outperformed OpenAI's Opus 4.8 and GPT 5.6 Sol in GPU kernel

According to Jefferies optical specialists on July 15, 1.6T optical modules are forecast to face a 30% supply shortage in 2026-2027, while 800G modules face a 10% supply gap. In 2026, 1.6T shipments are projected at 1.8 billion units against demand of 2.6 billion units, while 800G shipments are

According to BIT's On Target weekly report, Bitcoin fell sharply from $97,000 on February 9, 2026 to $62,900, then rebounded to $82,000 before dropping further to $58,500 on June 30. The anticipated A-B-C wave pattern has largely materialized: A wave low in February, B wave rebound to $82,000, and C

On July 17, independent analyst Ed Zitron warned that an OpenAI collapse would trigger a market crash similar to the 2008 Lehman Brothers meltdown, as the AI company prepares for a significant IPO. According to Zitron, who is skeptical of AI industry claims, OpenAI is the primary reason investors fo

According to Guru Club, on July 17, SHIBOR (Shanghai Interbank Offered Rate) rates moved in different directions. The overnight rate rose to 1.3971%, up 0.81 basis points. The 7-day rate fell to 1.4350%, down 0.5 basis points. The 3-month rate remained flat at 1.4300%.

South Korea's 24-hour foreign exchange market conducted its first trading session on a public holiday on July 17 (Constitution Day), according to market participants. The Korean won opened at 1,481 per U.S. dollar at 9 a.m. and continued trading through the following morning at 6 a.m., with the

U.S. President Donald Trump delivered a national television address on July 16, stating that America faces serious social and economic challenges, including rising crime rates and illegal immigration. "Other countries are laughing at us," Trump said during the remarks delivered in

According to Onchain Lens monitoring data, a whale withdrew 50,000 ETH (approximately $95.4 million) from Coinbase Prime over two days. The whale withdrew 30,000 ETH on July 16 and an additional 20,000 ETH on July 17.

According to Trivariate Research, Micron fell 5.65% this week, with shares down approximately 30% from their June 22 high, amid concerns that memory chip prices may be topping out. However, the research firm argues the stock remains undervalued, calling Micron "the most important stock in the

According to Korea Exchange, on July 17, all top 10 ETF performers for the month were inverse products, with positions betting on declining KOSPI futures and semiconductor stocks leading the rankings. Leveraged inverse ETFs, which track twice the inverse daily performance of underlying indices or st

According to Beating, Zhipu has acquired domestic AI infrastructure company Zhongke Jiahe for hundreds of millions of yuan. Zhongke Jiahe's core technology acts as a translation layer between AI models and different domestic