Gate Crypto Flash News and Market Updates

According to LME data today (July 23), copper futures fell $214 to close at $13,594 per ton, leading broad-based declines across base metals.
Aluminum fell $4 to $3,188/ton, zinc dropped $6 to $3,586/ton, and lead declined $3 to $1,894/ton. Nickel fell $1 to $53,326/ton, and tin decreased $596 to $

Empery Digital invested $20 million this month in Cardinal Data Power, acquiring approximately 8% stake in the private AI data center developer. The investment was part of Cardinal's roughly $70 million Series A financing round and will support development of a 750-megawatt data center campus in

After ServiceNow (NOW) beat and raised guidance in its Q2 earnings, Bernstein raised its price target to $248 on Wednesday, calling the quarter "much-needed relief," while UBS maintained a cautious stance with a $110 target, citing "mixed" underlying demand. JPMorgan also increased its target to $15

Kalshi Inc. is planning to launch copper perpetual futures to capitalize on rising demand driven by artificial intelligence infrastructure expansion, according to Chief Risk Officer Udesh Jha. Following the rollout of precious metal contracts, the company is prioritizing copper and palladium as

According to market data from Tradingview and Forbes, SpaceX shares fell to $111 on July 23, representing a 51% decline from their June 16 intraday peak of $225.64. The drop reduced the company's market capitalization to approximately $1.5 trillion. Elon Musk's net worth declined by $35.2 billion on

According to BlockBeats, AMD CEO Su Zifeng forecasted on July 24 that the artificial intelligence accelerator market will reach $1.4 trillion by 2030.

According to CryptoQuant, Ethereum is trading approximately 17% below its realized price of about $2,300 this week, with only two of five key bottoming indicators having reached historical reversal levels, suggesting the market has yet to reach a definitive cycle bottom.
ETH's market value-to-reali

According to market sources, OPEC+ may decide to increase its September oil production quota by approximately 188,000 barrels per day during its August 2 meeting, three sources said.

According to Swan Bitcoin CEO Cory Klippsten in a Thursday podcast interview on The Starting Block, Tether effectively controls Twenty One Capital, a publicly traded U.S. bitcoin treasury company, and uses it as a vehicle to advance Tether's American political interests. "It's kind of their U.S. ent

According to PANews, AI programming company Cognition AI acquired The Interaction Company of California on July 24. The acquisition grants Cognition ownership of Poke, an AI agent running natively on Apple Messages that has processed over 100 million messages in the past three months. Poke is

According to Yonhapinfomax, on July 23 (U.S. Eastern Time), U.S. 10-year Treasury yields rose 4.70 basis points to 4.704%, while 2-year yields climbed 5.60 basis points to 4.358%. The 30-year yield increased 3.40 basis points to 5.180%. Geopolitical tensions in the Middle East, including threats to

According to BlockBeats and CME data, on July 24, three macroeconomic pressures pushed markets into turmoil: crude oil touched $100, the 10-year Treasury yield surged to 4.7%, and the dollar index climbed above 101. These moves have elevated the probability of a Federal Reserve rate hike next week t

According to Kuwait's Ministry of Defense, the Abdali port border crossing connecting Iraq came under attack for the second time tonight (July 23).

According to Ukraine's Armed Forces General Staff, on July 24, Ukrainian forces struck enemy targets including a tanker, a pontoon bridge, and other military objectives.

According to GMGN data, a smart money address purchased Jimothy for approximately $755 and the holdings are now worth approximately $447,000, representing cumulative unrealized gains of over $446,000 with a return rate of around 596x. The address has made minimal sales of approximately $2,090 and co

On July 23, German 2-year Bund yields rose 4.3 basis points to 2.885%, trading within a 2.854%-2.906% range throughout the session. The yields dipped about 2 basis points after the European Central Bank held rates steady at 20:15 CET. German 10-year Bund yields gained 3.2 basis points to 3.203%,

Germany's Defense Ministry recently announced plans to withdraw two warships from the Red Sea, according to its latest military decision statement.

According to Jin10, the U.S. will announce its response plan Thursday evening for the expiring 10% baseline tariff, which is set to expire Friday. White House Press Secretary Karolyn Levitt stated that U.S. Trade Representative Jamieson Griller will release the government's tariff plan later Thursda

According to The Information, Anthropic is considering requiring employees to sell stock through preset trading plans following an IPO to comply with insider trading regulations. The arrangement would use Rule 10b5-1 plans, which allow investors to set predetermined sale schedules in advance. Such p

According to blockchain data analysis platform Bubblemaps, BitMEX's native token BMEX plunged approximately 95% after the exchange announced its closure on July 24. Analysis reveals that about 75% of BMEX's total supply, originally designated for employee incentives, ecosystem development, and