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
10:25

Trump Conducts Diplomatic Calls with Israel, Colombia Leaders in 24 Hours; Discusses Iran Nuclear Deal

According to official statements on July 4, U.S. President Donald Trump engaged in multiple diplomatic interactions over the past 24 hours. Trump held a phone call with Israeli Prime Minister Benjamin Netanyahu, with both sides agreeing to hold an in-person meeting in the United States in the coming weeks. Meanwhile, Trump also spoke with Colombian President Gustavo Petro to discuss illegal crop substitution; Petro requested removal from sanctions list, and Trump indicated he would "do his best.
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10:14

KOSDAQ Overhauls Listing Rules, Expects to Delist Around 50 Companies This Year

According to the Korea Exchange on July 1, KOSDAQ, South Korea's secondary stock market, is implementing major reforms on its 30th anniversary to restore market credibility. The exchange will strengthen delisting requirements for underperforming companies and expand support for innovative enterprises. Under revised rules, companies trading below 1,000 Korean won for 30 consecutive trading days will be designated as managed stock; failure to recover above 1,000 won within 90 trading days results
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10:13

Samsung Securities Sets KOSPI Target Range of 8,400–12,600 for H2 2026, Adds 10 Top Picks

According to Samsung Securities, on July 4, the firm set H2 2026 KOSPI target range of 8,400–12,600, with 12,600 as the upper bound based on a 3x price-to-book ratio (PBR) and adjusted return-on-equity (ROE) of 17 percent. The lower bound of 8,400 reflects an 8x price-to-earnings ratio (PER) floor. Samsung Securities' top 10 picks include Samsung Electronics, SK Hynix, Samsung Electro-Mechanics, Doosan Enerbility, Hyosung Heavy Industries, SK Telecom, APR, Korean Financial Group, Samsung E&A, an
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10:13

Samsung Securities Targets KOSPI at 12,600 for H2 2026, Favors Semiconductors

According to Samsung Securities' H2 2026 outlook report released today (July 4), the firm targets the KOSPI at 12,600 for the year, citing expected improvements in semiconductor earnings to drive strength in the second half. The brokerage expects semiconductors to lead gains through Q4, with financials and domestic consumption sectors joining the rally thereafter. Top picks include Samsung Electronics and SK Hynix, among 10 preferred stocks identified in the report.
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10:13

AI Token Spending Index Declines 20% Since May Peak, Signaling Margin Pressure

According to Bloomberg, the Silicon Valley Data LLM Token Expenditure Index has fallen nearly 20 percent from its May high, suggesting AI enterprises are losing pricing power as customers become cost-sensitive. The index, which tracks per-unit AI token payment prices, nearly doubled since its December 2025 launch before retreating. Research firm Allianz noted that AI investment growth exceeds sales growth by 46 percent—worse than the 32 percent gap during the 2001 telecom bubble. However, the de
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10:09

SK Hynix Considers Paying 0.5% Underwriting Fees for ADR Offering

According to Bloomberg, SK Hynix is considering paying underwriting fees of approximately 0.5% of total fundraising for its U.S. ADR listing, which could become one of the largest equity offerings in history. The company has indicated plans to issue new shares equivalent to at most 2.5% of its outstanding stock, though final issuance size remains undetermined and will directly affect the final underwriting fee amount.
10:02

South Korean Entertainment Stocks Rated Significantly Undervalued at 12-22x P/E by Hana Securities

According to Hana Securities analyst Lee Ki-hoon, major South Korean entertainment companies are trading at significantly depressed valuations. HYBE is valued at 22x forward P/E, while SM Entertainment, JYP Entertainment, and YG Entertainment trade at 12–15x multiples, representing substantial undervaluation relative to expected Q2 2026 earnings. Hana Securities expects HYBE to report Q2 operating profit of 144.5 billion Korean won, up 119% year-over-year, driven by BTS touring revenue. SM is pr
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09:54

Ukraine Denies Russian Control of Konstantinovka, Small Russian Forces Repelled Today

According to Ukraine's General Staff, today (July 4) the military denied reports that Russian forces had taken control of Konstantinovka in Donetsk region. Spokesman Kovaliov stated that Russian troops continue attempting to capture the city, with small groups of Russian soldiers infiltrating Ukrainian positions being cleared by Ukrainian forces. The situation remains severe, but Konstantinovka remains under Ukrainian control.
09:43

Micron Breaks Ground on $9.3B Japan Memory Plant Expansion on July 4

According to Bloomberg, Micron Technology broke ground on July 4 on a 1.5 trillion yen ($9.3 billion) expansion of its Hiroshima plant in Japan to produce advanced memory chips including high-bandwidth memory (HBM) for AI processors. Japan's Ministry of Economy, Trade and Industry allocated up to 500 billion yen ($3.1 billion) for the project, with the Japanese government committing approximately 775 billion yen ($4.8 billion) to Micron in total support. Shipments from the new facility are expec
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09:37

US Stock Funds See $17.2B Outflows in Week of July 1, Fastest Pace Since March

According to Bank of America data, US stock funds experienced net outflows of $17.2 billion in the week ending July 1, marking the first weekly outflow in three months and the fastest withdrawal pace since March. In contrast, Japanese equities attracted $1.9 billion in inflows during the same period, their strongest weekly intake in seven weeks.
09:32

Active Bitcoin Investors in 20% Underwater Position as Market Enters Valuation Correction

According to CryptoQuant analyst Darkfost, approximately 20% of active Bitcoin investors are currently in unrealized losses, with market sentiment entering a period of valuation correction. The AVIV ratio indicator currently stands at around 0.8. By comparison, the same metric typically drops to 0.5–0.6 during historical bear markets, which would suggest potential losses of 40–50% if such conditions emerge.
09:29

German Banks to Launch Crypto Trading Services in Coming Months

According to Bloomberg, German banks including cooperative and savings institutions plan to launch cryptocurrency trading services for retail customers in coming months. The services will allow users to directly trade virtual assets through their banks without relying on third-party exchange platforms.
09:26

Chinese Navy Task Force Visits Ho Chi Minh City in Early July

According to Jin10, in early July, a Chinese People's Liberation Army Navy task force comprising the Qi Jiguang and Kunlun Shan will visit Ho Chi Minh City at the invitation of the Vietnamese Navy. In recent years, China and Vietnam have deepened naval cooperation through ship exchanges and joint patrols, contributing to enhanced mutual trust and regional stability.
09:21

Micron Launches $93 Billion Chip Expansion Project in Japan on Saturday

According to Bloomberg, Micron Technologies launched a major chip factory expansion project on Saturday in Higashi-Hiroshima, Hiroshima Prefecture, Japan, with a total investment of approximately 1.5 trillion yen (about $93 billion). The new production line will focus on manufacturing high-bandwidth memory (HBM) chips optimized for AI computing applications. The facility is scheduled to begin chip shipments as early as summer 2028. The Japanese government's Ministry of Economy, Trade and Industr
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09:19

Binance Adds 15 bStocks Tokenized Securities as Collateral on July 3

According to ChainCatcher, Binance added 15 bStocks tokenized securities as eligible collateral assets on July 3. Users can now use these tokens as margin collateral. The newly supported assets include Circle (CRCLB), Micron (MUB), and NVIDIA (NVDAB). This feature is available exclusively to VIP 3 and above users in approved jurisdictions.