Gate Crypto Flash News and Market Updates

According to Marc Boiron, CEO of Polygon Labs, the company announced additional layoffs on Thursday as it finalizes its $250 million acquisition of cryptocurrency exchange Coinme and wallet infrastructure platform Sequence, announced in January. Boiron stated on X that the move reflects Polygon's tr

Spain defeated France 2-0 in Tuesday's World Cup semifinal, eliminating the largest remaining outright liability for major U.S. sportsbooks, according to Draftkings and Betmgm. BetMGM reported that 94% of the money in its qualification market backed France to reach the final. Fanduel said France

According to the Philadelphia Federal Reserve, the regional manufacturing activity index jumped 31.1 points to 41.4 on July 16, far exceeding analyst expectations of 13.0 and hitting its highest level since April 2021. Meanwhile, the U.S. Labor Department reported that weekly jobless insurance

According to Yonhapinfomax, oil prices declined on July 16 (U.S. Eastern Time) as negotiations between the U.S. and Iran continued despite Tehran's threat to blockade the Red Sea. August WTI crude fell 0.82% to $78.95 per barrel, while September Brent crude dropped 0.85% to $84.23 per barrel on the

According to CME Fed Watch on July 17, the Federal Reserve has an 88.8% probability of holding interest rates unchanged in July and an 11.2% probability of raising rates by 25 basis points.
For September, the Fed has a 48.8% probability of maintaining rates, a 46.2% probability of raising rates by

According to reports, TSMC reported record Q2 net profit of 7.066 trillion New Taiwan dollars (approximately $219.9 billion), up 77% year-over-year, and Q2 revenue of $402 billion on July 16. The company also raised its full-year revenue growth guidance from over 30% to slightly above 40%, citing ro

Argentina's Foreign Ministry protested on July 15 against UK naval operations in waters near the Falkland Islands, according to reports from the ministry and state media.

On Thursday, the UK government nationalized British Steel, taking full control of the previously Chinese-owned loss-making company to preserve domestic steel production capability. Prime Minister Keir Starmer stated the decision "secures the future of UK steel manufacturing, protects skilled

According to Jin10's tracking, the U.S. conducted its sixth consecutive night of strikes on Iranian targets on July 17, hitting military bases and infrastructure. Iran's Revolutionary Guards claimed strikes on U.S. positions at bases in Kuwait and Jordan, while the Islamic Revolutionary Guard

According to Xinhua News Agency, Brazil's Foreign Minister Mauro Vieira criticized U.S. Secretary of State Rubio today for attacking President Lula in a "rude and arrogant manner." Vieira stated that the U.S. announcement of 25% tariffs on certain Brazilian products lacks "any valid justification" a

According to data from Korea Securities Exchange and TimefoliO Asset Management, retail investors in South Korea reversed their ETF trading direction on consecutive trading days in mid-July. On July 15, when the KOSPI index surged 6.24%, retail investors bought inverse ETFs and sold leveraged

According to Iran's Mehr News Agency, twelve explosions were reported in the Bushehr region of Iran today.

According to Brazil's Foreign Minister Vieira, on July 16, the U.S. tariff of 25% on Brazilian imports lacks any factual basis and is driven by political motives. Vieira stated that the American measures are unacceptable, asserting that the investigation under Section 301 of the 1974 Trade Act is a

According to Galaxy research head on X, the court scheduled a hearing for September 8 at 2:30 p.m. to review requests for Bitcoin Policy to intervene as a defendant and Digital Chamber to join as an amicus curiae in the Noah Doe case, which involves claims to dormant Bitcoin holdings attributed to S

According to CME COMEX data, August gold futures fell $64 (down 1.58%) to $3,987.80 per troy ounce on July 16 in afternoon trading, marking the lowest level since June 30. Iran has instructed Yemen's Houthi militant group to blockade the Red Sea and Strait of Bab el-Mandeb if the U.S. attacks

According to EU Copernicus satellite imagery, at least four oil tankers are transporting cargo near UAE's Fujairah port and Oman's Sohar port. These areas serve as major transshipment hubs for vessels transiting the Strait of Hormuz, which then redirect cargo to final destinations. The timing of ves

According to the U.S. Central Command, on July 16, the U.S. Marine Corps' 11th Marine Expeditionary Unit conducted a boarding inspection on a tanker in the Gulf of Oman. As of now, U.S. forces have forced three commercial vessels attempting to breach the blockade to change course, disabled one non-c

According to market analysts, on July 16, chip stocks declined sharply amid investor concerns about whether massive artificial intelligence capital expenditures would generate sufficient returns to justify current valuations, with deteriorating U.S.-Iran tensions further dampening risk