Gate Crypto Flash News and Market Updates

According to Bloomberg, AI legal startup Norm raised $120 million in a new funding round on July 7, bringing its valuation to approximately $1.2 billion. Khosla Ventures led the round, with participation from Blackstone, Bain Capital Ventures, and Coatue Management. The company has accumulated

According to research published today, Anthropic discovered a distinct internal mechanism called the J-space within its Claude language model that mirrors conscious access in the human brain. The J-space enables the model to perform deliberate reasoning and hold concepts in mind without generating v

According to Korean Economic Daily, foreign investors dumped approximately 2 trillion won (KRW) of Samsung Electronics shares recently, triggering a sharp decline in the stock price. The selloff sent South Korea's KOSPI index below the 7,000-point threshold. Despite Samsung achieving the highest

According to BlockBeats citing BIT market data, storage, semiconductor, and optical communications stocks declined sharply in US pre-market trading on July 7. Western Digital (WDC) led storage declines with a 7.30% drop, followed by Seagate (STX) down 5.97% and Micron (MU) down 5.34%.

According to PANews, BlackRock announced on Tuesday (July 7) the launch of iShares Nasdaq-100 ETF, set to begin trading on Thursday (July 9). The fund will track the Nasdaq-100 index, which is heavily weighted toward technology stocks. BlackRock's entry competes directly with Invesco's established N

The U.S. ADP employment change for the week ending June 20 will be released in approximately ten minutes, at 2026-07-07. ADP's weekly employment figures track private sector job movements and serve as an early indicator ahead of the official nonfarm payrolls

According to Shanghai Gold Exchange, gold T+D rose 0.46% to 907.0 yuan per gram during the evening session opening on July 7, while silver T+D declined 1.74% to 14,858.0 yuan per kilogram over the same

According to crypto analyst BankXRP, the New York Federal Reserve is set to inject approximately $9.96 billion into the financial system next week through Treasury bill purchases. While the liquidity injection is not directed at cryptocurrencies, historical patterns suggest that digital assets

Peter Schiff criticized Strategy after the company sold 3,588 Bitcoin for approximately $216 million on July 7, with proceeds earmarked for dividend payments on its Digital Credit securities. In a post on X, Schiff described the company's financial model as a "mid-cycle Ponzi," arguing that it has s

Coinbase received UK investment services authorization on July 7, 2026, the company announced. The license enables institutional and advanced traders to access derivatives, while retail users will be able to trade

According to BlockBeats, on July 7, renowned trader and technical analyst Peter Brandt expressed that he is considering selling some of his Bitcoin holdings and directing the proceeds toward gold.

According to a joint statement by the Israeli Defense Forces and Shin Bet, Israel's military killed two Hamas commanders in separate airstrikes in northern and southern Gaza on July 7. One target was Ahmad Yahya Ibrahim Batsh, a tactical unit commander in Hamas's elite Nukhba force who

According to Businesswire, Bitcoin Suisse announced that its subsidiary BTCS (Middle East) Ltd. has received a Financial Services Permit (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). The license authorizes the company to provide regulated digital

According to Odaily, SK Hynix's U.S. IPO roadshow revealed that Baillie Gifford Overseas Limited, Coatue Management, and Situational Awareness Partners have separately expressed interest to acquire up to $7 billion in American Depositary Shares at the offering price. The company aims to address a

According to Onchain Lens, Bitwise purchased 33,600 HYPE tokens from Wintermute for $2.4 million in a large acquisition of the asset.

According to Odaily, bitcoin mining company Canaan announced that its American Depositary Shares (ADS) have been transferred from Nasdaq Global Market to Nasdaq Capital Market on July 6, with stock ticker CAN remaining unchanged. The transfer will not affect normal trading. Canaan also disclosed tha

According to Coinglass, Coinbase's Bitcoin Premium Index has remained in negative territory for 50 consecutive days (from May 19 to July 7), with the latest value at -0.0742%. This surpasses the previous record of 40 consecutive days of negative premium set in January–February 2026, marking the

Marine Le Pen, French far-right political leader, was convicted of embezzlement and sentenced to a 15-month ban. Despite the conviction, the court ruling allows her to remain eligible to participate in France's 2027 presidential election. The judgment permits Le Pen to continue her political

According to Sweden's Prime Minister Ulf Kristersson, there are no signs of Russian plans to attack NATO. The statement reflects ongoing assessments of security threats in the region amid Russia-Ukraine

According to Swedish Prime Minister Ulf Kristersson, Russia is the primary obstacle to negotiations aimed at ending the Ukraine war. Kristersson's statement underscores Sweden's position on the barriers to diplomatic resolution in the ongoing