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.
2026-07-04
02:01

Robinhood CEO: AI Trading Agents Will Become New Category on July 2

On July 2, Robinhood CEO Vlad Tenev told CNBC that AI-powered trading agents will emerge as a new category. He noted that automated trading, high-frequency trading, and AI-driven complex strategies have historically been dominated by institutional investors and Wall Street firms, with limited access for retail traders. In the future, AI agents could help ordinary investors participate in markets with institutional-level capabilities, further lowering barriers to financial investing.
01:55

Tesla Caps Employee AI Spending at $200 Weekly, Requires Manager Approval for Overages Starting July 6

According to The Information, Tesla will impose a weekly spending cap of $200 on employee AI tool usage starting July 6, with any overages requiring manager approval. The policy reflects the automaker's effort to balance AI expansion with cost control, as some software engineers have been consuming AI tokens costing thousands of dollars per week in recent months. The cap does not apply to beta products provided by Elon Musk's xAI, and the company is simultaneously encouraging staff to prioritize
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01:54

HCLTech Wins $1.14 Billion AI-Driven European Deal on July 3

According to Reuters, HCLTech won a $1.14 billion contract with an unnamed European firm on July 3 to transform and manage the client's global digital workplace and enterprise networks using an AI-driven operating model. The five-and-a-half-year deal can be extended for another five years, and marks HCLTech's largest announced contract since a $2.1 billion Verizon deal in August 2023. HCLTech's shares rose 6.3% following the announcement, while India's Nifty IT index gained 2.7%.
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01:49

Kioxia Begins Shipping 332-Layer NAND Flash to AI Data Centers, 59% Denser Than Previous Generation

According to The Japan Times, Japanese chipmaker Kioxia has begun sending samples of its 332-layer 10th-generation 3D NAND flash memory to AI data center operators. The new chip delivers 59% higher bit density than its eighth-generation product and reaches speeds of 4.8 Gb/s, approximately 33% faster than the previous generation, while reducing power consumption by 10% for input and 34% for output. Production will ramp up in stages at Kioxia's Kitakami plant in Iwate Prefecture, with significant
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01:42

Kioxia Begins Shipping 332-Layer 3D NAND to AI Data Centers, 59% Higher Bit Density

According to The Japan Times, Kioxia has begun sending samples of its 332-layer 10th-generation 3D NAND flash chips to AI data center operators. The new chip delivers 59% higher bit density than its eighth-generation product and reaches 4.8 Gb/s data speed, approximately 33% faster than the previous generation, while cutting power consumption by 10% for input and 34% for output. Kioxia is producing the chips at its Fab2 facility in Kitakami, Iwate Prefecture, which started operations in Septembe
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01:39

U.S. Stock Indices Post Best Quarterly Performance Since Trump's Previous Term, Driven by Tax Cuts and Trade Gains

According to Jin10, on July 4, the S&P 500, Nasdaq, and Dow Jones indices posted their best quarterly performance since President Trump's previous term, with American households benefiting from tax cuts for working families. Trade deficits have narrowed while exports hit multi-month highs, reflecting improved economic conditions. Trump stated the administration has attracted trillions in new investment, expected to drive factory expansion and job creation.
01:34

Amazon Deploys 29 Satellites, Bringing Leo Network Total to 390+ as Early Service Launch Nears Later This Year

According to CNBC, Amazon deployed 29 satellites via United Launch Alliance's Atlas V rocket on Thursday, bringing its Leo low-earth orbit satellite network total to over 390 satellites. Vice President Chris Weber stated the constellation now has sufficient capacity to provide continuous network service across initial coverage areas, with the company targeting an early service launch later this year to compete with SpaceX's Starlink. Amazon plans to accelerate deployment using ULA's Vulcan heavy
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01:31

South Korean Gold ETFs Up 2.7%, Silver Surges 4.9% as Fed Rate Hike Odds Drop Below 30%

According to Asia Economy, South Korean gold and silver ETFs rebounded on July 4 after weak U.S. employment data reduced expectations for interest rate increases. Gold ETFs including ACE KRX Gold Spot and KODEX Gold Futures rose 2.1-2.75%, while silver ETFs climbed 2.82-4.9%. U.S. June nonfarm payrolls increased 57,000 versus the forecast of 110,000, prompting CME FedWatch to show July 29 FOMC rate hike odds below 30%. As interest-rate-sensitive assets, gold and silver gain relative appeal when
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01:31

Seoul Court Halts HomePlus Restructuring, Threatens 12,000 Jobs on July 4

According to Seoul Rehabilitation Court, the court rejected HomePlus's revised restructuring plan on July 4, determining it was not feasible. The decision ends the company's 16-month restructuring process after it failed to secure the minimum 200 billion won needed for recovery. The ruling threatens 12,000 direct jobs and cascading effects across small suppliers and investors in asset-backed securities.
01:24

Metallurgical Coke Surges 450+ Yuan/Ton Cumulatively; 10th Price Hike Underway as Steel Mills Show Resistance

According to Huaxia Times, major steel mills in Shandong and multiple regions in Tianjin and Hebei raised metallurgical coke procurement prices on July 4. Wet-quenched coke increased CNY 50/ton and dry-quenched coke rose CNY 55/ton across all regions. After the adjustment, Grade-A wet-quenched coke settled at CNY 1,845/ton and Grade-A dry-quenched coke at CNY 2,135/ton. Liu Lulu, coal analyst at Zhuochuang Intelligence, told reporters that since late March, coke prices have entered a continuous
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01:22

RCBC Limits InstaPay Transfers to 30 Per Month Free, BSP Says Non-Compliant on July 4

According to Rappler, RCBC announced on July 3 that it would make InstaPay transfers free starting July 4 through its RCBC Pulz mobile app and RCBC DiskarTech financial inclusion app. However, the offer comes with conditions: RCBC Pulz customers can make only 30 free transfers per month with a P100 minimum per transaction, with transfers below P100 or exceeding the cap charged at P10. BSP Deputy Governor Mamerto Tangonan told reporters the fee structure does not comply with BSP Circular No. 1238
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01:21

Whale Accumulates $31.43M in ETH and $6.24M in WBTC Over 3 Days, Up $3.3M

According to ChainCatcher, on-chain analyst Embers monitored a whale accumulating 19,752 ETH (worth $31.43 million) and 100 WBTC (worth $6.24 million) over 3 days starting July 1. The whale has withdrawn ETH from Binance continuously and pulled 100 WBTC from the exchange 4 hours prior, with the ETH position currently holding unrealized gains of $3.3 million.
01:19

Samsung, Hyundai to Invest 102 Trillion Won in Yeongnam Region, Create 200,000 Jobs

According to Seoul Economic, Samsung and Hyundai announced plans to invest 102 trillion won in South Korea's Yeongnam region, with Samsung committing 60 trillion won and Hyundai 42 trillion won. Samsung will establish a humanoid robot production line in Gumi and develop a solid-state battery hub in Ulsan, while Hyundai will build an AI-based autonomous vehicle manufacturing center in Ulsan. The investments are expected to generate 200,000 quality jobs across the region. SK Telecom separately ann
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01:09

South Korea Stock Consolidations Soar 243 Cases in July as Delisting Rules Tighten

According to Yonhap Infomax, South Korean financial authorities and Korea Exchange began implementing stricter delisting standards starting July 4, triggering a sharp surge in stock consolidations and merger activity among marginal listed companies. Stock consolidations reached 243 cases from February 12 through July 2, including 192 on the KOSDAQ market, compared to just 10 cases in the same period last year—a roughly 24-fold increase. The reform introduces a new requirement to delist companies
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