Gate Crypto Flash News and Market Updates

On Monday, IREN raised its 2026 annualized run-rate (ARR) revenue target to over $4 billion from $3.7 billion following the signing of new multi-year cloud services contracts valued at $2.8 billion total, according to the company. The new contracts mean approximately 85% of IREN's year-end ARR targe

From 12:00 to 13:00 UTC on July 20, 2026, ETH strengthened against the prevailing trend amid broad pressure on major cryptocurrencies. Within one hour, the Return % was about +0.7%, with the high reaching 1,893.62 USDT. The Ampl was 0.78%, and the overall 24h Rise % for the day was 1.03%. Notably, BTC fell by about 1.26% during the same period, and ETH showed clear independent strength. The main driver behind this unusual move comes from improved macro expectations. This week, upcoming US and Eu

According to Edaily News, 696 retail shareholders of Samsung Electronics submitted a shareholder letter to the National Pension Service on July 20 to oppose the company's special executive performance bonus. The shareholders, organized through the retail investor platform ACT, delivered the letter t

According to India's Deputy Petroleum Minister Suresh Gopi on July 20, India has no plans to increase the ethanol blending ratio in gasoline beyond the current 20%. Any future adjustment to the blending ratio

According to The Information, Google is developing the Frozen V2 chip to more efficiently serve its Gemini AI model. The new chip is expected to deliver 6 to 10 times higher efficiency compared to Google's existing TPUs, with the company planning to deploy Frozen V2

According to Bernstein, the firm raised Robinhood's price target to $160 from $130 on Monday, citing prediction markets as a key growth driver. Bernstein expects prediction market revenue to reach $1.7 billion by 2028 at a 64% compound annual growth rate, with Q2 2026 potentially marking the first

According to U.S.-China channels, the U.S. has confirmed it will not renew the Hong Kong national emergency designation under Executive Order 13936 when it expires this year. The policy shift has boosted Hong Kong equities, which have gained for three consecutive weeks amid renewed capital

According to Bloomberg, Microsoft will deploy AMD Helios rack-scale solutions to support artificial intelligence inference for the Frontier model.

According to TechRepublic, Elon Musk acquired mobile power company APR Energy on July 20, with the transaction valued at approximately $1 billion or more. Based on regulatory filings, Duos Technologies sold its 5% non-voting stake in New APR Energy and generated $50.4 million in net proceeds,

According to Chosun Biz, on July 16, Baek Jae-kyu, CEO of Korea Investment Trust Management and known as the "father of ETFs" in South Korea, issued a strong warning against single-stock leveraged and inverse ETF investments.
Baek posted an analysis on his Facebook page showing that SK Hynix's stoc

According to Trump's financial disclosure filed with the U.S. Office of Government Ethics, the U.S. President earned over $1.4 billion from crypto ventures including World Liberty Financial last year (2025). A Reuters analysis of his holdings over the past two years shows that as crypto proceeds

According to Lebanon's Al-Mayadeen TV and Pakistan's Interior Ministry, Iran's Interior Minister will arrive tonight (July 20) leading a delegation of six ministers. The delegation is expected to meet with Pakistan's Chief of Army

According to on-chain analyst Yu Jin, MicroStrategy currently holds 843,775 BTC (valued at $54.634 billion) with an average cost basis of $75,476, resulting in unrealized losses of $9.05 billion (-14.2%). Bitmine holds 5,777,468 ETH (valued at $10.861 billion) with an average cost of $3,376 per

According to Bitmine chairman Tom Lee, the company's Ethereum purchases slowed recently due to large-scale stock repurchases, though it has maintained its weekly ETH buying pace since launching its Treasury Strategy on June 30, 2025. Over the past week, Bitmine repurchased approximately 5.5

Morgan Stanley analysts on Tuesday called recent U.S. memory stock selloffs a 'healthy reset' rather than a cyclical turning point, according to market sources. The bank forecasts DRAM prices could rise 20%-30% quarter-on-quarter in Q3 2026, signaling optimism over near-term supply

According to BlockBeats citing Bit.com market data, US storage chip stocks rallied in premarket trading on July 20. SK Hynix ADR (SKHY.O) gained 5.01%, while Seagate Technology (STX) rose 3.41%, Micron Technology (MU) climbed 3.47%, SanDisk (SNDK) advanced 2.96%, and Western Digital (WDC)

According to Belgorod Regional Governor Dmitry Shvaev, Ukrainian forces attacked a passenger bus in the region today (July 20) using unmanned drones, killing 5 people and wounding 23 others. The fatalities included one minor, Shvaev said in a social media

According to BlockBeats, on July 20, SpaceX plans to order approximately 13,000 NVIDIA GB300 AI server racks from Foxconn, with a deal value potentially reaching $52 billion.

According to Jin10 citing Statistics Canada, Canada's June consumer price index (CPI) fell to 2.8% year-over-year on July 20, driven by lower gasoline prices and beating economist forecasts of 2.9%. Core inflation dropped to 1.85%, marking the lowest level since September 2020 and the first time in

According to Bitcoin.com News, Coinbase CEO Brian Armstrong said on July 20 that hash power leaving Bitcoin does not determine its price, citing the protocol's difficulty adjustment mechanism. Armstrong rejected billionaire investor Chamath Palihapitiya's argument that miners may redirect energy to