Gate Crypto Flash News and Market Updates

According to Demis Hassabis in a blog post published Tuesday, artificial general intelligence will arrive within a few short years and will prove more transformative than electricity or fire. The Google DeepMind CEO said AGI—when computers can understand, learn, and perform tasks as well as or

On July 14, major Wall Street banks opened mixed as U.S. equities climbed amid the start of earnings season. Goldman Sachs surged 9%, Bank of America rose 3.1%, and Morgan Stanley gained 3.1%, while Wells Fargo fell 2.4% and Citigroup dropped 4.8%. The S&P 500 index advanced 0.4%, with technology st

In May, the U.S. experienced long-term capital net inflows of $232.7 billion. The prior month's figure was revised upward to $104.8 billion from the initially reported $103.1 billion.

According to Cointelegraph, the U.S. Treasury and UK Treasury released cross-Atlantic recommendations today on stablecoin activities and tokenized finance. The departments propose establishing private-sector-led groups to test cross-border tokenization use cases and coordinate regulatory

On July 14, the U.S. Department of Treasury released a general license related to Iran and updated its sanctions list, adding 10 individuals, more than 20 enterprises, and multiple vessels. The agency also updated sanctions information related to Iran's central

According to CNBC, on Tuesday, Goldman Sachs and JPMorgan Chase posted record quarterly revenue, with AI-driven capital flows and investment activity fueling massive gains in equities trading and investment banking. Goldman's revenue jumped 39% to $20.3 billion, while JPMorgan saw it rise 27% to $58

According to Bloomberg, the Bloomberg EV Price Return Index rose 0.83% to 3,394.46 points on Tuesday (July 14). Among components, Chinese EV makers showed mixed performance: NIO led gainers with an 8.66% increase, while Lucid Group tumbled 16.7%. The index posted a V-shaped recovery pattern during A

Tether has led a $7 million Series A funding round in Pact Labs, aimed at building payment infrastructure for USAT, its stablecoin designed for the U.S. market. Blockchange Ventures and Lasagna also participated in the round. The investment will support Pact Labs' development as a core infrastructur

According to Iran's state media, U.S. military strikes hit the area surrounding Bandar Abbas, a southern port city, the Bandar Abbas municipal government said. No further details on casualties or damage were

On July 14, non-USD currencies surged as the U.S. CPI report was released. The New Zealand Dollar rose 1.01%, the Brazilian Real climbed 1.21%, and the Norwegian Krone gained 1.08%, leading major currency gainers. The Euro strengthened 0.36% to 1.1462, while the Australian Dollar advanced 0.79%. The

According to U.S. Central Command, the U.S. military launched a new round of strikes against Iran starting at 3 p.m. EDT on July 14 (10:30 p.m. Tehran time). The U.S. military also resumed its maritime blockade of Iranian ports and coastal areas, which took effect at 4 p.m. EDT (11:30 p.m. Tehran ti

According to Coinglass, Binance saw net inflows of $208 million USDT in the past 24 hours.

According to The Block, the Commodity Futures Trading Commission ordered Kalshi on Tuesday to honor trades involving Michigan residents, directly contradicting a state court order issued two weeks prior that demanded the cancellation of sports-related event contracts.
The move marks an escalation i

On July 14, U.S. Treasury yields fell sharply as softer-than-expected inflation data pressured Federal Reserve rate hike expectations. The 2-year yield dropped 9.86 basis points to 4.1829%, while the 10-year benchmark yield fell 5.03 basis points to 4.5734%. Both securities sold off immediately

According to Jin10, on July 15, Federal Reserve Governor Bowman said the Fed should not over-intervene in banks' adoption of artificial intelligence and other new technologies. Bowman stated that lending institutions understand the risks associated with innovation better than regulators and should b

According to Yonhap Infomax, SK Hynix ADR (NAS: SKHY) surged 20.72% to $183.91 in afternoon trading on the New York Stock Exchange on July 14, with intraday gains reaching 23.06% to $187.48, the highest price since its listing on July 10.
The rally was driven by the launch of leveraged exchange-tra

According to CCTV, explosions were heard in Ahvaz, capital of Khuzestan Province in southwestern Iran, on the evening of July 14.

According to Arkham Intelligence, the U.S. government transferred $12.36 million in ETH, USDC and USDT to Coinbase Prime on July 14 via six transactions. The transfers included 5,939 ETH worth $11.15 million and $296,710 in USDT to Coinbase Prime, while $901,005 in USDC went to an unlabeled

On Tuesday (July 14), the ICE US Dollar Index fell 0.32% to 100.913 following the release of US CPI inflation data in early New York evening session. The Bloomberg US Dollar Index declined 0.37% to 1,217.78, while the US dollar weakened 0.17% against the Japanese yen to 162.15.

Iran's Deputy Foreign Minister Kazem Gharibabadi stated in a recent television interview that during wartime, Iran's control must extend across the entire Strait of Hormuz, not merely its own territorial waters. He warned that if Iran only