strengthening

Recently, market capital flows have favored defensive consumption and leading retail stocks, driving multiple consumer-related assets in the Gate platform's gStocks sector to rise. According to the latest data from Gate, KOG/USDT (Coca-Cola) has seen a 24-hour increase of 5.51%, currently priced at $88.73, with a 24-hour high of $90.23. Meanwhile, home retail and supermarket leaders have also risen, with HDG/USDT (Home Depot) currently at $344.23, up 2.43% in 24 hours; WMTG/USDT (Walmart) is currently at $114.39, up 1.69% in 24 hours. Overall, consumer and retail gStocks have shown active performance, becoming one of the main upward directions in today's sector.

Recently, market capital flows have favored defensive consumer and retail leaders, driving multiple consumer-related stocks in the Gate platform's gStocks sector to rise. According to the latest data from Gate, KOG/USDT (Coca-Cola) has increased by 5.51% in 24 hours, currently priced at $88.73, with a 24-hour high of $90.23. Meanwhile, home retail and supermarket leaders have also risen, with HDG/USDT (Home Depot) currently at $344.23, up 2.43% in 24 hours; and WMTG/USDT (Walmart) currently at $114.39, up 1.69% in 24 hours. Overall, consumer and retail gStocks have shown active performance, becoming one of the main upward directions in today's sector.

On July 29, according to WEEX TradFi market data, funds continue to gather in the technology and consumer sectors. Among them, the semiconductor and software sectors performed actively, with SOXS rising over 13.02% in 24 hours, FIGMA rising 6.21%, ADBE rising 5.40%, and CRM rising 4.46%; in the large consumer sector, KO rose 6.08% and PEP rose 3.74%; in the financial payment sector, PYPL rose 4.07% and MA rose 3.71%. WEEX Labs believes that after a significant pullback in the Philadelphia Semiconductor Index on the previous trading day, a recovery has occurred, combined with the Federal Reserve's interest rate decision and the concentrated release of large tech company earnings reports, funds have begun to reposition around performance expectations and event-driven strategies. Currently, WEEX's "TradFi Trading Carnival Season" is underway.

Fox Business crypto reporter posted on the X platform that former NCUA Chairman Rodney Hood stated last week that credit unions play an important role in the modernization of the financial system. A few days later, Americas CUs and the credit union leagues from all 50 states supported the majority of the Clarity Act, but echoed the banking industry's concerns about the stablecoin revenue provisions of the bill, urging senators to strengthen the language.These groups believe that the current Tillis-Alsobrooks compromise still may allow for a "functionally passive" reward structure, which could lead to deposits flowing out of local credit unions.

Recently, global growth sectors have remained active in trading, with the semiconductor, quantum computing, and technology-themed ETF sectors performing well. Market funds continue to focus on high-growth assets. According to data from the Gate platform, AXTIG/USDT (AXT Semiconductor) is currently priced at $49.04, up 4.38% in 24 hours; QNTG/USDT (Quantinuum) is currently priced at $55.55, up 3.46% in 24 hours; SNXXG/USDT (SanDisk 2x Long ETF) is currently priced at $15.169, up 3.13% in 24 hours.Gate gStocks adopts a 1:1 fully-backed native stock reserve mechanism, where each tokenized security corresponds to an equal number of native stocks as underlying asset support, and supports 24/7 trading, unified account management, and a minimum investment of 1 USDT with fractional share trading.Users can participate more flexibly in global popular stock investments, achieving a one-stop allocation of digital assets and traditional securities. As the ecosystem of tokenized securities continues to enrich, Gate gStocks will continue to expand more quality stocks and ETF targets, providing users with a more diverse choice of global asset allocation.

On July 24, according to WEEX TradFi market data, the computing power sector continues to strengthen, with funds repricing around AI security, network connectivity, and advanced packaging. Among them, NETON rose over 32.12% in 24 hours, MXLON rose over 16.69%, and AMKRON rose over 8.42%, with related targets also strengthening.WEEX Labs believes that Cloudflare is laying out AI content control and security products, and MXL and AMKR benefit from the demand for high-speed connectivity and advanced packaging, leading to a short-term increase in the heat of related assets. Attention should be paid to the performance of financial reports and market volatility risks at the beginning of next month. Currently, the WEEX coin stock 0 fee rate activity is ongoing.

Michael Saylor posted on the X platform, stating that fiat currency is the problem, and strengthening companies, institutions, securities, and technologies related to Bitcoin is part of the solution. People can discuss viewpoints, and allies should not be mistaken for enemies.

The FATF released a report stating that criminals are increasingly using stablecoins for illegal financial activities, calling on countries to accelerate the implementation of cryptocurrency anti-money laundering standards.

Gate today announced that Edwin Cheung has officially been promoted to Executive Director, where he will participate in the overall strategic planning and global business development of the group, further advancing Gate's long-term layout in the digital asset and fintech fields, supporting the group's continuous expansion in the global market and enhancing its overall competitiveness.Previously, Edwin was responsible for Gate's global fiat currency business strategy, long-term promotion of institutional cooperation, payment infrastructure construction, and global market expansion, and actively participated in international business, laying a solid foundation for Gate's globalization layout and long-term strategic development. Edwin holds an MBA in Fintech from the Hong Kong University of Science and Technology and a Bachelor's degree in Commerce from the University of Melbourne. With nearly ten years of experience in the financial industry at HSBC and Standard Chartered Bank, he has accumulated rich experience in institutional business, payment systems, and strategic cooperation. He stated, "I am deeply honored to serve as Gate's Executive Director. In the future, I will work with the team to promote the implementation of the group's long-term strategy, continuously enhance global business synergy capabilities, strengthen Gate's competitive advantages in the digital asset and fintech fields, and create greater long-term value for global users."This appointment reflects Gate's ongoing commitment to globalization development, long-term strategy, and organizational construction. In the future, Gate will continue to adhere to an innovation-driven development concept, steadily advance its global business layout, continuously enhance product and service capabilities, and create a more open, secure, and professional digital asset ecosystem for global users.

According to BeInCrypto's latest selection, Gate was included in the "Best MiCA-Licensed Crypto Platforms in 2026" and was awarded "Best for Access to a Large Cryptocurrency Selection." The selection pointed out that Gate provides a diversified digital asset ecosystem covering spot trading, contracts, wealth management, and Web3 services, offering European users a more comprehensive digital asset trading experience with its extensive asset coverage and product system.With the official end of the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA), the European digital asset market has fully entered an era of unified regulation. Gate Europe has previously obtained the EU MiCA license and Payment Institution (PI) license, which provide solid support for Gate Europe's operations under the European regulatory framework and further enhance the platform's capabilities in compliance operations, risk management, and long-term development. The recognition from a well-known industry media outlet further reflects Gate's positive progress in promoting compliance construction and continuously optimizing product services in Europe. Gate's founder and CEO Dr. Han stated that the formal implementation of MiCA signifies the official end of the "regulatory arbitrage" era in the European crypto industry, and market competition will increasingly return to the essence of products, security, and user experience. This viewpoint was also reprinted by Cointelegraph, further demonstrating the industry's broad attention to the new era of European regulation.Currently, multiple entities under Gate have completed relevant regulatory registrations, license applications, or obtained authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, the United States, Australia, and Dubai, solidifying the global business foundation through multi-regional regulatory licenses and registrations. The platform continues to advance its global compliance strategy, continuously improving its global compliance network to provide users with safer, more transparent, and efficient digital asset services.

According to Jinshi, due to the continued strengthening of the US dollar, industrial metals are under overall pressure, with aluminum prices falling to their lowest level since mid-February. After a cumulative decline of 16% in June (the largest monthly drop since 2008), the downward trend in aluminum prices has continued. The US dollar index has risen for the second consecutive day, with a cumulative increase of 2.5% over the past two months, which has raised the cost of dollar-denominated commodities for most buyers.

According to Gate market data, the US stock semiconductor sector performed strongly, with Micron Technology (MU) rising 15.93% during the day and SanDisk (SNDK) increasing by 21.69%. CoinGlass data shows that the contract market for MU and SNDK is active, with the Gate platform having a MU contract open interest of approximately $12.2 million and a 24-hour trading volume of about $55.85 million; the SNDK contract has an open interest of approximately $11.03 million and a 24-hour trading volume of about $61.21 million, both indicators ranking among the top in the industry.

According to WEEX TradFi data, the US stock market has been fluctuating recently, with funds continuously focusing on AI infrastructure-related directions, among which the AI power and energy sector has shown strong performance. Among them, Eaton (ETNON, a leader in data center power management) rose by 3.15%, Vistra (VSTON, an AI power and generation company) rose by 2.22%, and GE Vernova (GEVON, a leader in grid equipment and generation facilities) rose by 1.65%. WEEX Labs believes that the expansion of AI computing power continues to increase the power demand of data centers, and power management and energy infrastructure are becoming important supporting links in the AI industry chain, with increasing attention on related assets.

According to Tech in Asia, Salesforce announced the acquisition of the AI customer service product Fin for approximately $3.6 billion, with the deal expected to be completed in the fourth quarter of fiscal year 2027. Following the announcement, Salesforce's pre-market stock price rose by 1.1%.Fin is an AI customer service product that can seamlessly collaborate with existing help desk systems such as Salesforce and Zendesk. This acquisition will complement Salesforce's Agentforce platform, which already covers multiple business scenarios including sales, service, marketing, and commerce, and connects AI agents with enterprise data through Data Cloud.

Glassnode published an analysis on platform X indicating that its cumulative trend score metric shows that after Bitcoin's price dipped to the $60,000 range in early June, the overall behavior of on-chain addresses has clearly shifted towards accumulation.This metric measures the intensity of accumulation behavior on-chain by combining holding size and recent balance changes, with a value close to 1 representing widespread accumulation and a value close to 0 indicating ongoing distribution.

As India's tax enforcement intensifies, cryptocurrency investors face stricter reporting and compliance requirements in the 2026 tax season, with incorrect declarations potentially triggering fines and audits. Reports indicate that under current rules, cryptocurrency gains are still subject to a 30% uniform capital gains tax, and a 1% Tax Deducted at Source (TDS) is levied on transactions exceeding a certain amount, while losses cannot be offset across assets. The new Income Tax Act (2025) came into effect on April 1, 2026, but the core tax framework remains largely unchanged.In terms of reporting, investors must fill out a dedicated Schedule VDA section in the ITR-2 or ITR-3 forms and are required to record each transaction individually, including all operations such as trading, exchanging, transferring, and clearing, rather than just summarizing gains. The report emphasizes that regulatory focus has clearly escalated. The Indian tax authorities will directly obtain user-level transaction data through trading platforms, custodians, and wallet service providers, and will automatically cross-check this with reported information; discrepancies will trigger system flags and audits.Data shows that the Indian tax authorities have issued over 44,000 notices and discovered approximately 88.8 billion rupees (about 930 million USD) in unreported virtual asset income. Meanwhile, the tax department is enhancing its tracking capabilities by combining on-chain analysis tools with international data-sharing mechanisms. Additionally, starting in 2027, India will align with the OECD cryptocurrency reporting framework to achieve automatic exchange of cross-border transaction data, and overseas exchange holdings will gradually come under regulatory scrutiny.Analysis points out that common errors include misuse of reporting forms, omission of airdrop and staking income, and failure to correctly match 1% TDS records, among others. The report emphasizes that cryptocurrency tax compliance is shifting from "post-reporting" to "real-time traceability," and investors need to strengthen year-round record management.

As the scale of the U.S. stock business continues to grow, BIT (formerly Matrixport) has added U.S. institutional-level clearing service provider Clear Street as a partner, marking a higher standard of development in BIT's underlying infrastructure construction for U.S. stocks.BIT's U.S. stock business adopts an Omnibus IB structure, with all orders cleared and custodied by licensed clearing institutions based in the U.S. Currently, BIT has established partnerships with three licensed U.S. institutions: Clear Street, RQD Clearing, and Atomic Vaults Securities (AVS).Among them, Clear Street, supported by approximately $1 billion in financing and a strong capital base, processes about 550 million shares and approximately $28.4 billion in nominal trading volume daily, demonstrating the capability to serve large institutional clients with clearing and execution services. For users, this means that there is stronger institutional-level infrastructure support behind the transactions, resulting in a more stable system that is less prone to interruptions or delays during extreme market conditions, while also helping to provide more ample liquidity support and asset security guarantees.Compared to the industry’s common practice of using a single clearing partner, a multi-institutional parallel clearing structure can effectively disperse operational risks on the platform, enhancing the stability and continuity of transactions.BIT stated that in selecting clearing partners, the platform will continue to assess core indicators such as asset scale, net capital levels, and risk control capabilities to match the asset allocation needs of global users.

According to Jinshi reports, Bank of England Monetary Policy Committee member Green stated that the reasons for raising the key interest rate are strengthening.

Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated on the X platform that Ethereum's supply has been in a "deflationary" state over the past year, and the purchases and staking by Ethereum's crypto treasury company have further amplified this trend.

According to FOX reporter Charles Gasparino, the U.S. CFTC and SEC are currently in agreement on the regulatory boundaries regarding prediction markets and recent unusual trading related to the Iran conflict.Gasparino pointed out that although outsiders believe this area is solely governed by the CFTC, the SEC will deeply intervene when prediction contracts can legally be defined as "securities." He also revealed that, in addition to the cases previously announced, regulators may initiate more enforcement actions against prediction markets in the future.