Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-07-05
03:14

South Korea's Exports Hit Record High of $102.25B in June, But Semiconductor Dependence Grows

According to Kiwoom Securities, South Korea's exports reached $102.25 billion in June, surging 70.9% year-over-year and marking the highest monthly figure on record. The gains were driven by expanded AI investment and strong memory chip prices. However, the semiconductor sector's rapid expansion is masking underlying structural weakness. Semiconductors' share of total exports jumped from 29.9% at end-2025 to 43.8% in June, while traditional industries remain under pressure. Automobiles shifted t
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03:09

Shenzhen Robot Exports Hit 4.03 Billion Yuan in First Four Months of 2026, Accounting for 25.5% of China's Total

According to Shenzhen Customs and reported by Caixin, Shenzhen robot exports reached 4.03 billion yuan in the first four months of 2026, accounting for 25.5% of China's national total. This means that at least one yuan out of every four yuan in China's robot export value originates from Shenzhen. The region's robotics products have been exported to over 100 countries and regions worldwide.
03:07

South Korea's FSS Warns Bond Investors of Principal Loss Risk; 100bp Rate Rise Could Trigger 17% Loss

According to South Korea's Financial Supervisory Service (FSS) on July 5, government bonds and other low-risk bonds do not guarantee principal preservation. Investors may incur losses if they sell before maturity due to market interest rate fluctuations. Long-duration bonds carry higher price volatility—a 100 basis point rate increase on a 30-year bond with 3% coupon can result in approximately 17% mark-to-market losses. The FSS cautioned that benchmark rate cuts do not directly translate to bon
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03:04

Google's Next-Generation TPU 'Humufish' Switches from TSMC CoWoS to Intel EMIB-T Packaging

According to a latest report from SemiAnalysis, Google's next-generation tensor processing unit (TPU), codenamed "Humufish," will abandon TSMC's legacy CoWoS advanced packaging technology and adopt Intel's latest EMIB-T 2.5D packaging process. The move marks Intel's first success securing a hyperscale cloud customer for its advanced packaging solutions. Intel's EMIB-T employs silicon bridges between chips to replace costly large-area silicon interposers, offering lower costs and better scalabili
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03:02

$TRUMP Coin Investors Lose $3.81B as Nearly 1M Traders Record Losses; Coin Plunges 97% as of Late June

According to Nansen data cited by The New York Times on July 4, approximately 988,905 investors in President Trump's $TRUMP meme coin recorded losses as of late June, representing about two-thirds of all buyers. The cumulative losses reached $3.81 billion, with the coin plummeting from its peak of $75.35 to $1.76—a 97% decline. Meanwhile, fewer than 500,000 profitable investors collectively gained $4 billion from the token. According to Trump's financial disclosure filed through the U.S. Office
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03:02

South Korea's Top 5 Exchanges Add Only 117 New Trading Pairs in H1, Down 44%

According to EToday, South Korea's five largest virtual asset exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—added only 117 new trading pairs in the first half of 2026, down 44% from 210 in the same period last year. Delisting accelerated sharply, with terminated trading pairs jumping from 19 to 68, a 258% increase. Global virtual asset trading volume fell to $46.07 billion in June, down 34% year-over-year from $70 billion. The exchanges' heavy reliance on retail spot trading is exposed as
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03:01

Whale Withdraws 4,942 ETH from Binance and Stakes via Lido on July 5

According to Onchain Lens, on July 5, a whale address withdrew 4,942 ETH from Binance worth approximately $8.83 million and immediately staked the assets via Lido. The same address also withdrew 211.5 WBTC valued at roughly $13.25 million during the same period. In total, the whale withdrew approximately $22.08 million worth of ETH and WBTC from Binance in the past 24 hours, with all extracted ETH used for on-chain staking.
03:01

Qualcomm Stock Surges 12% on Investor Day as ByteDance Inks Major AI Chip Deal

According to Benzinga, Qualcomm's stock surged 12% on June 24 after the company announced a major AI chip deal with ByteDance for its data centers and revealed ambitious growth targets at its investor day in New York. The deal marks Qualcomm's entry into the AI data center market as a key supplier. Qualcomm unveiled plans to generate $40 billion in annual revenue from non-smartphone businesses by 2029, with AI data centers expected to contribute $15 billion yearly. The company also introduced th
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03:00

South Korea's Top 5 Exchanges See 74% Drop in Net New Token Listings in H1 2026

According to EToday, South Korea's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—added a net 49 newly listed tokens in the first half of 2026, down 74% compared to 191 in the same period last year. New token listings declined 44% year-over-year, while delisted tokens surged 258%, as exchanges shift focus from listing expansion toward liquidity management and stricter coin reviews.
02:59

wstETH Whale Withdraws $22.08M in ETH and WBTC from CEX

Gate News message, a wstETH whale withdrew 4,942 ETH valued at $8.83 million from centralized exchanges and staked it through Lido, receiving 3,990 wstETH. Over the past 24 hours, the whale withdrew 211.5 WBTC worth $13.25 million from CEX. Total withdrawals reached $22.08 million, with the ETH moved to staking.
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02:55

South Korea's Margin Trading Hits Record 62 Trillion Won Daily Average in Q2, Brokers Earn 1.4 Trillion Won in Interest

According to the Financial Investment Association of Korea, individual investors' margin trading reached a record daily average of 62 trillion won in Q2 (April–June), comprising 35.9 trillion won in credit-financed purchases and 25.9 trillion won in securities-backed loans. Securities firms earned an estimated 1.4 trillion won in interest income from these loans during the same period, a 8.7% increase from Q1's 1.25 trillion won, as KOSPI surpassed 9,000 for the first time.
02:53

MiCA Takes Full Effect in EU, Stablecoin Competition Heats Up This Week

According to BlockBeats, on July 5, the crypto industry is focused on regulatory and stablecoin developments. The European Union's Markets in Crypto-Assets Regulation (MiCA) transition period has officially ended, requiring all EU crypto service providers to obtain MiCA licenses to continue operations. Meanwhile, the newly launched Open USD (OUSD) has garnered significant attention. Backed by over 140 institutions including Visa, Mastercard, Stripe, Coinbase, BlackRock, and BNY, the stablecoin i
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02:43

Foreign Investors, Institutions Offload Samsung Electronics, SK Hynix 8.7 Trillion Won Each in One Week; Stocks Drop 8.8%, 9.3%

According to Korea Exchange data, foreign investors and institutional investors conducted massive selloffs of Samsung Electronics and SK Hynix during the week ending July 3. Samsung Electronics fell 8.84% to 309,500 Korean won, while SK Hynix declined 9.28% to 2,425,000 won. Foreign investors dumped 8.7362 trillion won worth of SK Hynix and 8.7325 trillion won of Samsung Electronics in net sales. Institutions also sold 515.8 billion won of SK Hynix, though they purchased 1.7408 trillion won of S
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02:43

Elon Musk Admits Optimus Production Will Be 'Extremely Slow' in Initial Phase

On Thursday, July 2, Elon Musk acknowledged that Optimus production will be extremely slow initially because the technology is entirely new and unlike electric vehicle manufacturing. Musk made the comment on X in response to speculation about early production of the third-generation Optimus humanoid robot. Musk shared a photo with the Optimus production team at Tesla's Fremont factory on Wednesday, triggering market speculation. The production line was converted from the former Model S and Model
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02:40

Morgan Stanley Backs DRAM Over NAND, Forecasts NAND Demand to Reach 400EB in 2026

According to Morgan Stanley's July 2 report, the investment thesis for memory chips is shifting from across-the-board gains to structural differentiation. The bank recommends prioritizing DRAM over NAND Flash and favoring chipmakers over module manufacturers. The report predicts AI-driven NAND demand will surge from 205EB in 2025 to 400EB in 2026 and 609EB in 2027, representing 60% annual growth. This will drive a supply shortage of 15% in 2026 and 9% in 2027. DRAM shows four advantages over NAN
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02:38

Yemen's Vice PM Meets Iran's Foreign Minister in Tehran on Saturday

According to Iran's Foreign Ministry, Yemen's vice prime minister met Foreign Minister Araghchi on Saturday (July 5) during a visit to Tehran for late Ayatollah Khamenei's funeral. Araghchi thanked Yemen for its condemnation of U.S.-Israeli military actions against Iran and expressed solidarity with the Iranian people. He also stated that Iran is prepared to use all diplomatic channels to end the blockade on Yemen and fully implement Yemen's peace roadmap.
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02:37

Binance Founder CZ's Reply Triggers BSC Meme Coin Rally, Two Tokens Surge Over 180x on July 5

According to BlockBeats, on July 5, Binance founder CZ's reply to a riddle-themed post triggered a rally in BSC-based meme coins bearing the "CZ" theme. CZ replied "Water (drop) your BNB wallet" to a guess-the-riddle series posted by crypto influencer @TCryptochicks, sparking speculation reminiscent of the "Ansem effect" on Solana. Two major CZ-themed tokens surged on BSC: CZ (The Final Form Bull) peaked at $41 million market cap, now trading at $29.82 million with 182x gains in 24 hours and $28
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