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
03:01

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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02:37

Microsoft Stock Plunges 19% in June, Worst Month Since Dotcom Bust in 2000

Microsoft (MS) stock fell 19% in June 2026, marking the company's worst monthly decline since December 2000 when the dotcom bubble burst, which saw a steeper 23.4% drop. The decline pushed Microsoft from third to fourth place in global market capitalization rankings, now trailing Nvidia, Alphabet, and Apple.
02:35

Whale "0x2117" Faces Four Consecutive Bitcoin Short Liquidations Totaling $6.18M in 24 Hours

Gate News message, whale trader "0x2117" experienced four consecutive partial liquidations on Bitcoin short positions within the past 24 hours. A total of 97.99 BTC ($6.18M) was liquidated, resulting in a combined realized loss of $298.75K. The trader currently maintains a 67.98 BTC ($4.26M) short position with 40x leverage, showing an unrealized loss of $179.22K.
02:31

Korea KOSPI VI Circuit Breaker Triggers 29,357 Times in H1 2026, Record High

According to Korea Exchange, the volatility circuit breaker mechanism (VI) was triggered 29,357 times in the first half of 2026, surpassing the previous record of 24,401 cases in H1 2020. VI is activated when individual stock prices fluctuate sharply, forcing a 2-minute call auction trading period. The increased volatility reflects heightened market activity as the KOSPI index surged from above 5,000 in January to near 9,000 by late June. Separately, investment warning designations increased sha
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02:30

Hanwha Unveils 55 Trillion Won Space and AI Investment Plan Through 2040

According to Yonhap Infomax, Hanwha Group announced on July 3 a long-term strategy to invest 55 trillion won in aerospace and artificial intelligence sectors through 2040. Vice Chairman Kim Dong-kwan disclosed the plan at a national vision briefing in Gyeongnam province. Hanwha Aerospace will allocate approximately 23 trillion won to develop independent launch vehicles, while Hanwha Systems will invest about 20 trillion won in ultra-low earth orbit SAR satellites, space AI data centers, and sate
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02:25

Kraken Enables 10 Tokenized Stocks and ETFs as Futures Collateral

According to Cointelegraph, Kraken began accepting tokenized stocks and ETFs as collateral for futures and margin trading on July 5, allowing eligible users to open leveraged positions without selling existing holdings. The feature initially supports 10 assets, including Apple, Nvidia, Tesla, SPDR S&P 500 ETF, and Invesco QQQ Trust. Kraken set collateral caps at $1 million for large-cap ETFs, $250,000 for most individual stocks, and $100,000 for tokenized gold and Circle shares. The collateral l
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02:25

KOSPI Plunges 7.89% on July 2 but Eases National Pension Rebalancing Concerns

According to Money Today, South Korea's benchmark KOSPI index fell 7.89% (655.32 points) to 7648.09 on July 2, with mark-to-market losses reaching approximately 40 trillion won for the National Pension Fund. However, the sharp decline eased concerns about potential large-scale equity sales triggered by the fund's asset rebalancing, which began on July 1 after a temporary suspension. Samsung Electronics dropped 9.06% to 286,000 won, while SK Hynix fell 14.57% to 2.187 million won. Despite the sin
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02:25

Samsung to Report Q2 Earnings on July 7, SK Hynix Lists ADR on Nasdaq July 10

Next week marks a critical juncture for South Korea's two semiconductor heavyweights. Samsung Electronics will release its second-quarter provisional earnings on July 7, while SK Hynix will list American Depositary Receipts (ADR) on the Nasdaq on July 10. ADRs allow foreign companies to trade shares in U.S. markets through depositary institutions. The two major events, occurring three days apart, are expected to shape the near-term trajectory of both stocks.