Gate Crypto Flash News and Market Updates

According to CNBC's Phil LeBeau, Tesla shares fell 7.5% on Thursday, July 2, despite delivering 480,126 vehicles in the second quarter—exceeding analyst expectations of 406,600 units by 74,000 vehicles. The selloff came three trading sessions after a powerful 8% rally triggered by the release of FSD v14 Lite update on June 29, which boosted investor enthusiasm around the company's self-driving technology. By the time the delivery report was released, much of the optimism had already been priced

According to Galaxy Research head Alex Thorn, Microstrategy announced a capital management framework adjustment on July 3, marking a significant turning point for the company. The board approved a dollar reserve policy, increased the annual dividend rate for preferred stock STRC from 11.5% to 12%, authorized a $1 billion preferred securities repurchase program, and approved a $1 billion common stock buyback authorization, effective for dividend periods with registration dates on or after July 1.

According to F&Guide, South Korea's leverage-listed exchange-traded funds (ETFs) reached 36.5 trillion won in net assets on July 1, up 431% from 6.88 trillion won a year earlier. The assets now account for 7.1% of the total ETF market, more than double the 3.4% share recorded one year ago, and nearly four times the 1.6% leverage ETF share in the U.S. ETF market.

According to Bank of America, Brazil's SELIC interest rate is expected to reach 12.25% by 2028. The forecast reflects BofA's outlook on Brazilian monetary policy over the next two years.

According to CCTV, Iran held a funeral ceremony for late Supreme Leader Khamenei in Tehran on July 3, with President Pezeshkian, Supreme Leader advisor Mohsen Rezaei, Judiciary chief Ejei, Parliament speaker Kalibaff, and Foreign Minister Araghchi in attendance. The body will subsequently be transported for funeral processions in Qom, Mashhad, and the Iraqi Shia holy cities of Najaf and Karbala, before being laid to rest at the Imam Reza Shrine in Mashhad.

Xpeng CEO He Xiaopeng announced that the Xpeng MONA L03 will hold its global launch event in Munich, Germany on July 16, with sales beginning across 64 countries in 2026.

According to Bank of America's latest weekly report, U.S. stock funds recorded a net outflow of $17.2 billion for the week ending July 1, the largest weekly redemption since March 2026, marking the second consecutive week of net outflows. Bank of America's bull-bear indicator rose to 9.5, remaining in extremely bullish territory. The sell signal triggered on May 20 remains unresolved after six weeks. Historically, the indicator has issued 17 sell signals since 2002, with global equities typicall

Hong Kong stock index futures weakened overnight. As of 8:37 pm, the HSI July futures traded at 23,267 points, down 32 points or 0.14% from today's close of 23,299 points, trading at a discount of 83 points. The Hang Seng China Enterprises Index (HSCEI) July futures reported 7,674 points, down 11 points or 0.14%.

Turkey's banking index fell 4%, reaching its lowest point since June 12.

According to Foresight News, Axie Infinity will launch Land Item smart contract migration on July 7 at 15:00 UTC to support REP-15 integration with Terrariums. Land Items will maintain ERC-721 standard during migration. Listed items will be delisted, and active items will be locked during the process. Upon completion, equivalent items with the same IDs will be minted back to users' wallets. Land Item trading will be suspended during migration and resume after completion. No user action is requir

According to Coinglass, Binance saw net inflows of $182 million USDT in the past 24 hours.

According to ChainCatcher, Brazilian federal police this week froze approximately $2 billion in assets, including cryptocurrency, as part of a coordinated enforcement action supporting U.S. sanctions against money laundering networks serving the PCC gang. The operation resulted in 11 temporary arrest warrants and 13 search and seizure operations across São Paulo. One of the two targeted individuals, Stella Stefanie Nunes Henrique de Oliveira, was apprehended, while the other suspect, Victor Henr

According to IMF Monetary and Capital Markets Director Tobias Adrian on July 2, policy decisions on money, market infrastructure, and legal frameworks will determine whether tokenization strengthens or fragments the financial system as assets migrate onto shared digital ledgers. Adrian identified three emerging settlement assets: tokenized bank deposits, stablecoins, and tokenized central bank reserves, each presenting distinct tradeoffs for financial intermediation and systemic risk.

According to the China Securities Regulatory Commission, the agency and Singapore's Monetary Authority held the 10th bilateral securities and futures regulatory roundtable on June 29 in Singapore, with participation from over 40 officials including CSRC Vice Chair Liu Haofing and MAS Deputy Managing Director Ho Heng Xin. The two sides discussed market reforms, regulatory enforcement under emerging technologies, cross-border business operations, and reviewed recent cooperation progress including

According to JPMorgan Chase's report released on July 3, semiconductor stocks have significantly outperformed hyperscale cloud service providers since September last year, but this outperformance may not be sustainable. The bank outlined two scenarios: an optimistic case where cloud providers catch up as their commercialization and profitability improve, or a pessimistic scenario where semiconductor demand weakens if cloud provider capital expenditure slows. JPMorgan projects hyperscale cloud pr

According to Bank of America, Brazil's inflation rate is expected to reach 3.5% in 2028.

MEXC reported $437 billion in trading volume for June 2026, as the cryptocurrency exchange launched RealStocks, expanding access to over 7,000 U.S.-listed equities and exchange-traded funds with dividend eligibility integrated into user accounts. The platform listed 153 new tokens across spot and futures markets during the month and generated $145 million in cumulative user fee savings. The exchange strengthened its security framework with a Guardian Fund standing at $101 million and plans to in

According to Form F-3 filing disclosed on June 30, K Wave Media (NASDAQ: KWM) sold all 88 of its Bitcoin holdings on May 6 for aggregate proceeds of $64.2 million. The South Korean entertainment company, known for K-drama and K-pop content licensing, determined to halt its Bitcoin treasury strategy while redirecting capital toward AI infrastructure. The company used part of proceeds to repay $6 million of outstanding notes tied to an Anson Funds securities agreement.

According to ESMA's final report published on July 2, 2026, the European Securities and Markets Authority has proposed a consolidated transaction reporting framework called "Report Once" that could save market participants between €250 million and €1 billion annually while reducing recurring reporting costs by 22% to 24%. The reform consolidates fragmented reporting requirements under MiFIR, EMIR and SFTR into a single modular framework, allowing firms to report transaction data once and reuse i

According to Hinkal Protocol, the privacy protocol suspended affected smart contracts on July 3 after detecting abnormal USDC activity on the Ethereum network. The issue is isolated to Ethereum, with other blockchains remaining unaffected. The protocol is conducting a comprehensive investigation into the on-chain transactions and activity involved, with updates to follow once findings are confirmed.