Gate Crypto Flash News and Market Updates

According to Korea Exchange, KONEX recorded only 1 new listing in 2026 as of July 3, marking a historic low following 14 listings in 2022 and 2023, 6 in 2024, and 4 in 2025. The market has contracted sharply: listed companies declined from 154 in 2017 to 107 currently (down 30.5%), while market capitalization fell from 6.25 trillion won in 2018 to 3.33 trillion won, a 46.7% drop. Daily trading volume has dried up, averaging just 421.19 million won on July 2 compared to 7.4 billion won at its 202

On July 3, Slovak Prime Minister Robert Fico stated that resolutions passed at the upcoming NATO summit in Ankara, Turkey will not obligate Slovakia to participate in financial mechanisms for military assistance to Ukraine.

Friday, the MSCI Emerging Markets Index surged 2.2%, marking its largest single-day gain since June 15. South Korea's Kospi index jumped 5.8%, with strong performance from chip makers Samsung Electronics and SK Hynix offsetting losses from a decline in Taiwan Semiconductor Manufacturing Company shares. The gains partially recovered losses from the previous two trading days.

Tesla delivered 480,126 vehicles in the second quarter of 2026, exceeding analyst consensus of 406,024 units by over 73,000 vehicles and marking the company's strongest Q2 on record. Year-over-year deliveries surged 25%, while sequentially rising 34% from Q1's 358,023 units. However, the stock fell 7.49% following the announcement, marking its largest single-day decline in nearly a year and the third consecutive quarterly earnings miss on the stock chart, as investor focus has shifted from sales

According to the Korea Exchange, the KOSPI declined 322.87 points (3.84%) to close at 8,088.34 for the week ended July 3, driven by renewed concerns over artificial intelligence infrastructure investment slowdown. Semiconductor stocks including Samsung Electronics and SK Hynix fell 8.84% and 9.71% respectively. DB Hitek, a semiconductor equipment maker, plummeted 23.75%, the largest decline among KOSPI constituents. The sell-off was triggered by reports that Meta may sell excess data center comp

According to the German Research Centre for Geosciences, a 5.5-magnitude earthquake struck offshore central Chile on July 3 at 4:43 p.m. local time, with a depth of 10 kilometers. No casualties or property damage have been reported so far.

Retail investors poured trillions of won into Samsung Electronics and SK Hynix single-stock leverage products over the past month, with net purchases reaching 1-2 trillion won, but the returns fell sharply short of expectations. The investments recorded losses exceeding 40% during the same period despite bullish bets on the semiconductor rally. The underperformance was driven by negative compounding effects—volatility amplified losses faster than gains could be recovered, eroding investment retu

According to BridgeBench AI and Arena.AI, Claude Fable 5's reinstatement on July 1 triggered conflicting benchmark results. BridgeBench reported debugging scores collapsed from 86.2 to 25.9, but data showed nine of twelve tasks were rerouted to Opus 4.8 by Anthropic's new safety classifier rather than reaching Fable 5 itself. Meanwhile, Arena.AI's thousands of human-preference votes found Fable 5 performance largely flat or improved across most categories when the model actually handled requests

According to Kitco, spot gold and silver surged on Friday (July 3) following weaker-than-expected U.S. employment data, with gold trading near $4,175.50, up 1.30%, and silver near $62.22, up 2.28%. Nonfarm payrolls rose 57,000 in June while unemployment slipped to 4.2%, reducing near-term Fed-hike urgency, pushing the dollar lower, and leaving the 10-year Treasury yield near 4.5%.

On Friday (July 3), offshore yuan (CNH) closed at 6.7853 against the U.S. dollar in New York afternoon trading (04:59 Beijing time Saturday), gaining 35 points from Thursday's close. The currency traded within a 6.7901-6.7811 range during the session. For the week, CNH rose approximately 190 points, gaining 0.29%.

On Friday (July 3), Canada's S&P/TSX Composite Index rose 0.88% to 35,274.84 points, with investors responding positively to Prime Minister Carney's disclosure of a new west coast pipeline transportation project. The index gained 0.84% for the week. Canada's 10-year benchmark government bond yield fell 0.4 basis points to 3.443%, while the two-year yield declined 0.5 basis points to 2.756% on the day. The 10-year yield advanced 5.7 basis points for the week.

According to Herald Economy, IMM Private Equity was selected as the preferred bidder to acquire Kolong Industries' semiconductor and display materials business unit recently. The move follows the firm's recent acquisition of Hwha Diamond Industrial, as the private equity operator expands its manufacturing and advanced materials investment strategy.

According to Russian President Putin's spokesman Peskov on July 3 evening, Russia's military has completely liberated Luhansk and made major advances in Donetsk. Peskov also announced that Russian forces have fully captured Konstantinovsk city.

According to Tiger Research, Bitcoin briefly rose to a daily high of $62,200 on Binance yesterday, with BTC currently trading around $61,600 and gaining 2% today and 3% over the past seven days. The analysis company stated in its latest report that Bitcoin and the broader market have entered the final phase of the current downtrend, signaling a strengthening bullish outlook. Analysts noted that much of the selling pressure has already been absorbed, though further declines are possible but likel

According to Fox Business, Major County Sheriffs of America has shifted to a neutral stance on the Clarity Act following recent discussions on Section 604 of the Blockchain Regulatory Certainty Act. In a letter to Senate Banking Committee leaders, MCSA stated that ongoing review of the legislation presents an opportunity to further strengthen it in ways that support responsible innovation and address the practical needs of state and local law enforcement.

According to PJM Interconnection LLC, the U.S. power grid operator reported a record-high electricity demand on July 2, marking a historic peak for the network.

According to the Federal Reserve, U.S. bank deposits reached $19.374 trillion last week, up from $19.304 trillion the previous week, reflecting a week-over-week increase of approximately $70 billion.

According to Hasnain Malik, geopolitical risk and emerging markets equity strategist at Tellimer, the Trump administration rejected extending the U.S.-Mexico-Canada Trade Agreement (USMCA) on Wednesday, triggering a 10-year countdown before the deal expires. Malik stated the move is negative for Mexico, increasing uncertainty over foreign direct investment returns in manufacturing. However, he noted that the rejection "is far less destructive than what could have happened," with the worst-case s

According to the Official Monetary and Financial Institutions Forum (OMFIF), central banks remain constructive on gold, with 45% expecting to increase their holdings over the next 12 months. The survey, published this week, found that reserve managers view bullion as an essential reserve asset providing diversification and protection against geopolitical fragmentation, with many expecting gold prices to trade between $5,000 and $6,000 per ounce over the next year. The World Gold Council's annual

According to Jin10, the U.S. dollar weakened significantly this week, posting its largest weekly decline since April with the dollar index down approximately 0.5%. The decline was driven by softer June U.S. employment data, which triggered markets to lower expectations for near-term interest rate hikes. Other major currencies advanced against the weakened dollar. The euro rose to 1.1440, gaining 0.5% on the week, while sterling climbed to 1.3352, up 1.1% for its best weekly performance in three