GateBlog

As of Beijing time on July 13, 2026, the closing price of CoreWeave (CRWV) on the previous trading day was $88.88, down 0.91% from the prior day. In after-hours trading, it edged down slightly to $88.81. This AI infrastructure company, which is built around GPU cloud computing, has seen a surge in its stock price since it was listed in 2025—from the offering price to a peak of $187—before falling back into its current trading range. Although the share price is down by half from its peak, it is still up 24.12% year-to-date, and its market capitalization remains at about $4.849 billion.
Valuation disagreements in the capital markets reflect investors’ deeper questioning of the AI cloud computing business model: with the explosive growth in demand for AI model training, is it enough to support the long-term expansion of GPU cloud services? CoreWeave, which focuses on AI computing power

This article describes how Ethereum (ETH) has grown from a simple transaction asset into a core of the Web3 ecosystem, with the PoS upgrade making staking the norm. Gate ETH integrates the staking process into the platform, lowering the barrier to entry so that non-technical investors can participate in network operations and improve asset utilization efficiency. It is suitable for long-term holders of ETH who want to make long-term allocations, but price volatility and risks should be considered.

Gate launches the VIP Asset Escort Plan, Phase 5 (7/2–7/31, UTC+8), providing transaction loss subsidies and position liquidation protection for eligible VIP5+. The total subsidy for derivatives trading is 20,000 USDT, and the total for TradFi CFD is 10,000 USDT. Both will be distributed based on loss tiers and paid out in the form of derivatives trading bonus. If a single position liquidation exceeds 2,000 USDT, completing the task earns bonus. Some accounts and those with a high share of API usage are not eligible. Subsidies will be distributed within 15 working days after the activity ends.

Global markets are highly interconnected, and cross-asset allocation is key to improving investment flexibility. Gate TradFi is building a one-stop cross-market trading platform that integrates stock CFDs, precious metals, crude oil, and digital assets, using USDT as the core funding currency. It streamlines capital allocation, improves trading efficiency, and helps investors build a global, flexible asset allocation and analysis framework.

This article points out that the rise of PoS will shift value creation for blockchain assets from pure price volatility to holding-period returns: participating in network maintenance via staking and receiving rewards, while energy consumption also declines. Gate on-chain earning coins simplifies the staking process through an integrated platform, enabling ordinary investors to participate in on-chain yields with a lower entry barrier and improving asset utilization efficiency. Returns are not fixed; they are influenced by factors such as participation level, activity, and market supply and demand. You need to understand the mechanism and reassess. Staking is becoming an important tool in asset allocation, helping diversify risk and improve long-term returns while providing additional yield during market volatility; at the same time, you must pay attention to price volatility, liquidity, and protocol risks.

Global innovative companies grow rapidly before going public, and Pre-IPO has become an important window for assessing future potential. Gate Pre-IPOs enhances research efficiency and operational flexibility across markets by integrating company information, Mirror Note value mapping, and flexible trading, and by providing post-listing asset management to maintain a complete investment workflow. Before participating, you should fully understand the rules and risk disclosures for each project.

Gate contract points have evolved from simple account activity data into a long-term ecosystem that connects accounts, transactions, and platform benefits. Points are generated based on normal trading and are gradually being used in scenarios such as raffles and redemptions, rather than serving only as backend statistics. By expanding the benefits ecosystem, the platform improves users’ long-term engagement, and ordinary users can enjoy more benefits without incurring additional costs. In the future, development will become more systematic; points will remain an account metric rather than an income tool.

Competition in the crypto derivatives market is shifting from fee rates and product variety to deeper dimensions. When major exchanges converge on contract depth and product lines, how platforms identify and respond to users’ true participation behavior becomes a key differentiator.
Gate contract points are introduced precisely in this context. It converts fragmented derivatives trading volume, accumulated account assets, and community invitation activities into a unified, measurable value, so that every trading action is structured into points that can be accumulated. As of July 13, 2026, according to Gate market data, Bitcoin is quoted at $63,746.4, Ethereum at $1,814.21, and GT at $6.68, with the overall market in a neutral sentiment range. In a continuously volatile market environment, traders focus not only on the price itself, but also on whether the platform can turn everyday trading behavior into measurable points.

In digital asset trading, transaction fee costs and capital utilization efficiency are the two core variables that affect long-term net returns. For high-frequency traders, even a slight difference in per-trade fees is continuously magnified across thousands of matching trades; for asset allocation users, optimizing investment returns and borrowing costs is also directly tied to how fast assets actually grow.
The Gate VIP system is built around this logic. It is not just a simple label for discounted fees, but a complete solution that integrates transaction cost optimization, enhanced investment returns, customized lending interest rates, and exclusive benefits. According to Gate market data, as of July 13, 2026, the price of Bitcoin is $63,746.4, the price of Ethereum is $1,814.21, and the price of GT is $6.68. In a market environment with ongoing volatility, the impact of transaction costs on net returns is further amplified,

In crypto asset trading, stablecoins have long played a dual role as both a “medium of exchange” and a “store of value.” Most users treat USDT as a go-between for entering and exiting trades—buying it and waiting for a trading opportunity, then selling and temporarily storing it. But one widely overlooked fact is that USDT sitting in spot accounts generates no yield.
As of July 13, 2026, according to Gate market data, the price of Bitcoin is $63,746.4, with a change of +2.46% over the past 30 days and -45.66% over the past year; the price of Ethereum is $1,814.21, with a change of +7.31% over the past 30 days and -41.04% over the past year. In a market environment with broad-range consolidation, a strategy of simply holding spot while waiting for a directional breakout is increasingly facing higher time costs.
To put idle stablecoins

The crypto asset industry has been around for more than a decade. The global user base and the scale of holdings continue to grow, but one long-standing contradiction has never been effectively resolved: digital assets in users’ wallets remain ample within accounts, yet are difficult to directly use for everyday spending. From grocery store shopping to online subscriptions, from cross-border payments to ATM cash withdrawals, the channel that enables digital assets to enter real-economy scenarios has consistently been insufficiently smooth.
This situation is now changing. The use cases of stablecoins have quickly expanded from settlement tools inside exchanges to a payment medium with global circulation capability. Monthly spending volume of crypto payment cards had already reached the $500 million to $600 million range in early 2026, with an annualized run rate exceeding $5 billion. In May 2026, the cumulative transaction volume of crypto payment cards reached approximately $7.8 billion, up about 230% year over year.
Gate Card, launched by Gate, as a digital asset…

In 2026, AI Agents are moving from proof of concept to real participation in economic activities. Industry data shows that on-chain daily active AI Agents reached 250k at the beginning of 2026, up more than 400% from 2025. Automation trading bots are currently estimated to account for 65% of global crypto trading volume. However, in contrast to market hype, even though more than 60% of enterprises plan to deploy AI Agents, the actual go-live rate is only 17%.
This huge gap reveals a truth that has been widely overlooked: for the commercial deployment of AI Agents, the bottleneck is not model capability, but execution ability.
Advances in large language models—reasoning, conversation, and code generation—are undeniable. But when AI needs to move from “answering questions” to “doing work for someone”—calling exchange APIs, executing on-chain transactions, managing digital assets

On July 10, 2026, the crypto market is showing a contradictory combination of data. According to Gate market data, Bitcoin (BTC) is trading at $64,034, up 3.7% over the past 24 hours, and has rebounded about 9.5% from the low of $57,737 on July 1 over the past week. However, the Crypto Fear and Greed Index is currently at 22, up only 1 point from yesterday, and it is still in the “extreme fear” range (below 25).
The divergence between the price rebound and the subdued sentiment is not just simple data noise. It points to a deeper question: what are market participants pricing in, and what are they pricing out? When the price has already recovered all of the declines from the end of June, yet the sentiment indicator remains stuck in the bottom zone of extreme fear, that mismatch itself becomes an important market signal.

On July 9, 2026, Paxos announced that PayPal USD (PYUSD) is officially natively issued on the Polygon chain and will provide services to the market through Polygon’s Open Money Stack. This move means that PYUSD no longer relies on cross-chain bridging to get onto Polygon, but is minted directly on Polygon by Paxos. For a stablecoin that has been launched on multiple chains—including Ethereum, Solana, Arbitrum, and Stellar—since its debut in August 2023, this native integration with Polygon represents another substantive step forward in its multi-chain strategy. Against the backdrop of the stablecoin market’s total capitalization having surpassed $31.0 billion and its annual transaction volume reaching $33 trillion, the move…

In July 2026, one of the most closely watched capital moves in the crypto market was BitMine Immersion Technologies’ continued accumulation of Ethereum. This Ethereum treasury company, listed on Nasdaq, completed two large purchases within the span of a week—first buying 20,500 ETH from Galaxy Digital, then adding another 42,197 ETH (approximately $127 million). As a result, its total holdings surged to 5.74 million ETH, accounting for more than 4.5% of ETH’s circulating supply. This level of buying left it only 0.2 percentage points away from its strategic goal of “holding 5% of ETH’s circulating supply.”
Just a few weeks earlier, BitMine had just completed a single acquisition worth $213 million, purchasing 126,971 ETH

On July 10, 2026, according to Gate market data, Bitcoin (BTC) was trading at $64,034. Compared with the cyclical peak of nearly $125,000 reached in October 2025, this price has already pulled back by about 54%.
A 54% decline, in any prior Bitcoin cycle, would be enough to be considered the start of a long bear market. But Wall Street research firm Bernstein does not think so. In a recent research report led by analysts Gautam Chhugani, the team pointed out that the largest drawdown in this round is about 54%, far lower than the steep selloffs of 75% to 90% that occurred toward the end of past bear markets. Bernstein described this adjustment as the “mildest” Bitcoin bear market in history and maintained its year-end 2026 target price of $150,000.
54% and

The 2026 FIFA World Cup has reached the quarterfinals stage. Co-hosted by the United States, Mexico, and Canada, this tournament was expanded for the first time to 48 teams, with a total of 104 matches. Beyond traditional sports betting, decentralized prediction markets represented by Polymarket are increasingly becoming an important pricing engine for measuring championship odds. As of July 9, on-chain data from Polymarket shows that France leads all participating teams with an implied championship probability of 39%, while Argentina and Spain are at 19% each, and England is at 16%.
This probability distribution is not merely a reflection of market sentiment, but a price signal formed through genuine trading that involves hundreds of millions of dollars in back-and-forth competition. To understand what this data means, you need to start from the pricing mechanism of prediction markets and break down the logic behind the numbers step by step.
How does the pricing mechanism of prediction markets work?
Understanding 39%

On July 10, 2026, South Korean storage-chip giant SK hynix officially began trading American Depositary Receipts (ADRs) on Nasdaq in the United States. The temporary trading symbol is “SKHYV”. The issuance was priced at $149 per share, corresponding to 177.9 million ADRs, raising approximately $26.5 billion. This deal not only refreshes the fundraising record for foreign companies pursuing a U.S. IPO—surpassing the $25 billion set by Alibaba in 2014—but also sparks deeper discussion in global capital markets about where the money is flowing: with $26.5 billion of new-share supply combined with nearly $200 billion in institutional subscription intent, how is the allocation map of global venture capital being reshaped? For the crypto market, which is already in a liquidity contraction cycle, what does this record-setting IPO mean?
Why a chip giant with ample net cash on its books chooses to list in the U.S. at this time
SK hynix is not a company short of money. 202

On July 9, 2026, OpenAI officially released the GPT-5.6 series of models, and simultaneously launched the enterprise-grade agent ChatGPT Work. The core narrative of this launch is summed up in a single word: value for money. The three models—Sol (flagship), Terra (balanced), and Luna (lightweight)—delivered a comprehensive surpassing of Anthropic Claude Fable 5 across multiple benchmark tests at a lowest price of just one-sixteenth that of competing products.
For the crypto industry, this is not merely a model upgrade. The sharp drop in reasoning costs is pushing AI