Gate Crypto Flash News and Market Updates

According to Qatar's Interior Ministry, the country is facing a high level of security threat on July 12, and authorities have urged all residents to remain indoors or in safe locations. The ministry called on the public to follow security instructions and avoid unnecessary travel. The alert comes a

According to CCTV News, Bahrain activated air defense sirens early this morning (July 12), while the UAE Defense Ministry said it was responding to missile threats on the same day.

According to a Reuters report, Nvidia shares surged 4% to $210.96 on July 10, climbing faster than the Nasdaq Composite's 0.3% gain, despite Meta announcing plans to mass-produce its self-developed AI chip Iris starting September.
While Meta's self-designed Iris chip—developed with Broadcom and

According to The New York Times, a commercial vessel came under attack in the Strait of Hormuz on Saturday, July 12, followed by U.S. strikes on Iranian targets. The incident has triggered concerns over renewed oil price volatility. Transit traffic through the strait has dropped sharply to 22 vessel

According to Caixin, Baidu AI will showcase its full suite of AI agents at the World Artificial Intelligence Conference (WAIC 2026) from July 17 to July 20 in Shanghai. The company will also unveil upgrades to its "chip-cloud-model" AI product matrix, demonstrating progress in scaling solutions

According to Robert Kiyosaki's July 9 X post, the Rich Dad Poor Dad author warned that "any asset that requires 'trust' will be destroyed in the coming crash and possible Depression." He specifically cited U.S. bonds, stocks, ETFs, mutual funds, 401k and IRA retirement accounts, and fiat

According to E-Daily on July 12, Hanseng Corp stock surged 100% during the week of July 6–10, doubling from 4,230 Korean won to 8,460 won and ranking first among all traded stocks. The rally was driven by online support for the company's charitable history after it faced delisting concerns.

According to Bloomberg data, semiconductor stocks surged 83% year-to-date in 2026, while the Magnificent Seven tech stocks lagged the S&P 500 by over 10 percentage points in the first half. The Philadelphia Semiconductor Index and iShares Semiconductor ETF (SOXX-US) reached near 85% gains,

Tom Lee, chairman of Bitmine, stated in a recent post on X that Robinhood Chain is rapidly becoming a phenomenon-level product, with transaction volumes already surpassing many established crypto decentralized exchanges. According to Odaily, Lee highlighted that Robinhood Chain uses ETH as its

MoonPay has apologized for erroneously posting about the death of viral hippo MooDeng today, attributing the incident to a failed test of its 'AI Intern V1.0' project. According to the company's statement on X, the AI testing project has been paused and sent for further optimization, exposing gaps i

According to MoneyToday, four of six Korean brokerages covering Emart cut their target prices on July 12, with the average falling to KRW 121,000, down 15.2% from pre-Q2 earnings levels. Second-quarter operating profit estimates were reduced 19.6% to KRW 61.1 billion, driven primarily by

According to Iranian media, Iran launched a series of strikes against U.S. targets in the Middle East on July 12.

According to ChainCatcher, a whale has withdrawn 49,400 ETH and 250 WBTC from Binance since June 30, valued at $84.3 million and $15.66 million respectively, according to Lookonchain monitoring data.

According to South Korea's Ministry of Industry, Trade and Energy, steel exports rose to $2.14 billion in June, marking the first increase in 14 months. The June export volume climbed 9.6% year-over-year, driven primarily by expanded AI data center construction demand in the United States and

According to E-Daily, Hanjin will conduct a demand survey for corporate bond issuance on July 14, with the bond launching on July 23. The issuer plans to raise 40 billion won through bonds with maturities of 1 year (20 billion won) and 1.5 years (20 billion won), with potential upsize to 80 billion

According to Beating, Elon Musk launched a verbal attack on Sam Altman shortly after Apple sued OpenAI for allegedly stealing hardware secrets. Musk claimed Altman had "elevated fraud to new heights," using a meme to mock his commitment to the cause.
Altman struck back, accusing Musk of pitching in

According to the Wall Street Journal on July 7, major technology companies are considering leasing artificial intelligence infrastructure to manage large-scale AI investment costs. The upcoming second-quarter earnings reports from the four hyperscale companies are expected to provide insight into th

On July 12, 2026 (UTC 01:00–02:00), ETH rose modestly within a narrow range over the course of one hour, with a return rate of +0.27%. The price traded in a range of 1,788.41–1,796.32 USDT, with a swing of 0.44%. The overall market is in a mild rebound, but 24-hour trading volume is only 6,689 ETH, and the daily ADX is just 19.1, indicating low market participation; prices are moving sideways within a range without a clear trend. The main driver behind this movement is the combined effect of tec

According to Guru Club, OpenAI founder Sam Altman said today (July 12) that AI is overall creating jobs rather than reducing employment, contrary to his earlier expectations. Altman noted that while he held less pessimistic views than others, he had initially anticipated the current level of AI

According to CCTV, on July 12, Iran's Islamic Revolution Guard Corps Navy announced the closure of the Strait of Hormuz, citing foreign intervention as the cause. The announcement followed the issuance of warning shots against a vessel that deviated from approved shipping lanes and ignored Iranian w