Gate Crypto Flash News and Market Updates

Since May 14, Nvidia's stock has fallen approximately 16%, with the company's market capitalization evaporating over $1 trillion in two months. The decline has pushed the chipmaker's forward price-to-earnings (P/E) ratio to around 18x, marking the lowest level

According to Iran's IRNA news agency, explosion sounds were reported at Abadan Port in Hormozgan Province, southern Iran, late on July 8.

According to Iran's MEHR news agency, explosions were reported in Bandar Abbas in southern Iran on July 8, with local air defense systems activated.

According to Meta's announcement on Wednesday, the company is building its first data center in Canada, a 1-gigawatt facility in Alberta's Sturgeon County that will cost approximately $9 billion and take two to three years to construct. This marks Meta's 33rd data center overall as it accelerates it

According to ICE, the dollar index fell 0.07% to 100.956 on Wednesday, July 8, after briefly rallying to a one-week high of 101.275 at 23:42 Beijing time. The intraday trading range was 101.275–100.950. The Bloomberg dollar index declined 0.06% to 1220.12 for the day. Meanwhile, the dollar

According to Jin10, Federal Reserve communications officer Nick Timiraos said on July 9 that even the most hawkish Fed officials did not actively push for action in June. According to meeting minutes, some participants believed a rate increase was warranted at the June meeting but supported

On Wednesday, July 8, U.S. 10-year Treasury yields rose 1 basis point to 4.5611%, with intraday trading ranging from a low of 4.5371% to a high of 4.5952%. Two-year Treasury yields increased 1.46 basis points to 4.1994%, and the 2/10-year yield spread narrowed 0.248 basis points to 35.963 basis poin

Circle Ventures, the investment arm of Circle Internet Group, has invested in Flutterwave to expand USDC payment and settlement infrastructure across Africa. The partnership aims to address high cross-border transaction costs and slow settlement times for African businesses by integrating the U.S. d

According to Pakistan's Foreign Ministry, on July 8, Pakistan called for all parties to exercise restraint amid escalating U.S.-Iran tensions and urged compliance with the Islamabad Memorandum of Understanding. The statement said continued engagement, dialogue, and diplomacy are the only

According to NewsNation, White House officials said Trump and Netanyahu have not yet scheduled a meeting, though Trump previously disclosed Netanyahu may visit the White House as early as next week.

According to Jin10, the U.S. Dollar Index fell 0.03% on July 9, closing at 100.990 as measured against six major currencies. At the close of New York FX trading, the euro strengthened to 1.1426 U.S. dollars from 1.1419 the previous session, and the British pound rose to 1.3400 from 1.3363. The

On Wednesday, escalating Middle East tensions triggered a sharp sell-off in bitcoin, sending the price down 3.5% to a low of $61,481. The pullback erased $40 billion in bitcoin market capitalization and sparked $372

Bitcoin closed the week down 2.89% at $61,749 after failing to break resistance in the $64-65K zone, a key level bulls needed to reclaim to shift short-term momentum. Ethereum confirmed a weekly death cross—with its 50-week EMA now below its 200-week EMA for the first time in years—while

According to reports, EU officials plan to revise the Markets in Crypto-Assets framework, referred to as 'MiCA 2.0,' on July 8, 2026. The revision aims to extend coverage to non-EU stablecoin issuers in response to US stablecoin legislation and emerging rules on tokenized payments and

According to government documents, India's Reserve Bank of India has renewed its call for a crypto policy "leaning towards prohibition," while the country's tax department warned that offshore trading and private wallets make tax compliance harder to track. The RBI wants banks and financial

According to Bloomberg data, on Wednesday (July 8) at the close of trading in New York, the Bloomberg Commodity Index fell 1.28% to 30.3107 points. CBOT corn futures declined 2.10%, while CBOT wheat futures dropped 1.78%. CBOT soybean oil futures gained 3.21%, contrasting with soybean futures' decl

According to Mehr News Agency, two Iranian fishermen were killed in a U.S. strike on Iran on Wednesday (July 8).

According to Jin10, on July 8, Iran's Foreign Minister Abbas Araghchi and Qatar's Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani held a phone call to discuss regional developments, particularly recent tensions in the Strait of Hormuz. Both sides stressed the importance of

According to Politico, James McDonald will begin leading the U.S. Attorney's Office for the Southern District of New York (SDNY) starting July 14.

On July 8 at 3:00 AM Beijing time, the onshore Chinese yuan fell 110 points against the U.S. dollar, closing at 6.8052 CNY per USD. Trading volume reached 48.695 billion USD.