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
05:55

Trump Made 21,000+ Securities Trades in 2025, Financial Disclosures Reveal

Financial disclosures released Thursday showed that President Trump made over 21,000 securities trades during 2025, his first year back in office, with total transaction values ranging between $600 million and $1.86 billion. According to the documents, Trump averaged 85 trades per trading day, with approximately one-quarter of all trades concentrated in just 10 trading days—most occurring following major policy announcements during periods of heightened market volatility. The documents noted tha
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05:54

Ship Traffic Through Oman Coastal Lane in Strait of Hormuz Plunges; Iran Reinforces Control

According to Kpler data, on Sunday (July 5), ship traffic through the Oman coastal lane in the Strait of Hormuz plunged following a surge in vessel turnarounds the previous day. Between Friday and Saturday, at least eight vessels suddenly reversed course while transiting the Oman route, with four subsequently diverting to Iran-designated lanes. On Saturday, only 19 vessels transited the strait in both directions, with just one publicly declaring intent to use the Oman coastal lane for entry, com
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05:53

Korean Securities Firms Raise Q2 Earnings Forecasts for Semiconductors, Energy Sectors on July 5

According to eFnGuide, on July 5, Korean securities firms raised their second-quarter earnings forecasts for listed companies, with semiconductor, energy, and chemical sectors leading the upgrades. Data shows that over the past three months, these industries dominated the top 30 KOSPI-listed companies by consensus operating profit revision rate, signaling broadening optimism ahead of the Q2 earnings season.
05:45

Trump-Netanyahu Tensions Widen Over Lebanon Policy on July 5, U.S. Israel Relations Show Strain

According to The New York Times, on July 5, tensions between U.S. President Trump and Israeli Prime Minister Netanyahu have widened amid new American-Iran understanding and shifts in U.S. Middle East policy. Trump privately criticized Netanyahu's military escalation in Lebanon, reportedly telling him "everyone hates you now." Vice President Vance publicly stated Israel "cannot solve all national security issues by constantly waging war," emphasizing that U.S. and Israeli interests do not always
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05:43

SK Group Announces 210 Trillion Won Mega Investment in Semiconductors and AI, Stock Rallies on June 30

According to Park Se-woong at Samsung Securities, SK Group announced on June 29 a 210 trillion won investment across three mega projects covering semiconductor clusters, physical AI, and AI data centers. The research report, published June 30, designated SK as a long-term beneficiary of the mega projects and recommended investors buy the stock. SK's stock price rose 49,000 won to 834,000 won on June 30, reflecting market optimism about the project. Samsung Securities raised its target price for
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05:31

988,905 Trump Coin Investors Lose $3.81 Billion as Token Collapses to $1.76; Trump Gains $636 Million

According to New York Times citing Nansen research, as of late June, 988,905 Trump coin ($TRUMP) buyers—roughly two-thirds of all purchasers—recorded losses totaling $3.81 billion, while fewer than 500,000 profitable investors earned a combined $4 billion. The token collapsed from a peak of $75.35 to $1.76. Separately, U.S. Office of Government Ethics disclosures revealed President Trump personally gained $636 million from the $TRUMP project, with his family's combined crypto ventures generating
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05:31

Deoksan Hymetals and Dasan Networks Receive Shareholder Approval for Subsidiary IPO Launches

According to Edaily on May 29 and June 19, Deoksan Hymetals and Dasan Networks passed shareholder approval for subsidiary initial public offerings (IPOs). Deoksan Hymetals secured 92% approval from voting shareholders to list subsidiary Deoksan Nepcore, with general shareholders voting 73% in favor at the May 29 extraordinary general meeting. Dasan Networks achieved 90.3% approval for subsidiary DTS's IPO at its June 19 meeting. Both companies emphasized their subsidiaries' operational independe
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05:23

U.S. 10-Year Treasury Yields Rise 11.5 Basis Points to 4.487%, First Weekly Gain in Four Weeks

According to Yonhapinfomax, U.S. 10-year Treasury yields rose 11.5 basis points to 4.487% last week (July 2), marking the first increase in four weeks. The 2-year yield climbed 4.7 basis points to 4.141%, while the 30-year yield jumped 12.3 basis points to 4.989%. The 10-year to 2-year spread widened 6.8 basis points to 34.6 basis points, extending a second consecutive week of expansion. Market participants are closely watching the Federal Reserve's FOMC meeting minutes (due July 8) for signals
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05:23

Korea Trade Insurance Corporation Launches 'Export Growth Plan it!' on July 5, Offering Up to 100 Billion Won in Credit Coverage

According to Yonhapinfomax, on July 5, Korea Trade Insurance Corporation (KSURE) launched the 'Export Growth Plan it!' program to support small and mid-sized exporters, recruiting new members through July 24. Participants receive up to 100 billion won in export credit guarantee coverage, up to 90% premium discounts, 30 free overseas company credit investigations, and customized consulting services. Since inception, the program has provided 1.7 trillion won in total funding and trade insurance su
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05:23

U.S. Dollar Index Falls 0.49% This Week, Hits 3-Week Low Amid Rate Hike Uncertainty

According to Yonhap Infomax, the U.S. dollar index fell 0.49% this week to 100.872, marking its lowest level in three weeks as weak June nonfarm payroll data (57,000 jobs added) dampened expectations for a near-term Fed rate hike. The dollar weakened against major currencies, with USD/JPY declining 0.23% to 161.383 yen and EUR/USD rising 0.45% to 1.14370 dollars. Meanwhile, the Reserve Bank of New Zealand is expected to initiate its interest rate hiking cycle at a policy meeting on July 8.
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05:16

Michael Burry Shorts Micron at $1,051.87 Amid AI Bubble Concerns, Stock Falls 5.49%

According to Michael Burry, the investor behind "The Big Short," he established a short position in Micron Technology (MU) on Thursday, July 2, targeting the stock he initiated at $1,051.87. The move came as MU closed Thursday down 5.49% at $975.56. In his Substack post, Burry stated Micron displays extreme valuation levels with significant downside risk from technical, valuation, and cyclical perspectives. He noted that over the past 42 years, Micron has undergone 34 corrections exceeding 30%,
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05:16

Blue Whale Growth Fund Builds AI Infrastructure Portfolio With Applied Materials, SK Hynix in 2025

Stephen Yiu, manager of the Blue Whale Growth Fund with approximately $4.5 billion in assets under management, disclosed the fund's strategy to capitalize on artificial intelligence capital expenditure by investing in semiconductor supply chain companies. The fund's top ten holdings include Applied Materials (AMAT), BE Semiconductor Industries, SK Hynix, Lam Research (LRCX), Lumentum (LITE), Nvidia (NVDA), and Sandisk (SNDK). The fund achieved an annualized after-fee return of approximately 19%
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05:13

Mandatory ESG Disclosure Looms; Law Firm Advises Clear Standards on What, How Much to Disclose

According to Cho Doo-yeon, lawyer at Kim & Chang, as ESG disclosure requirements approach, companies must establish clear standards for what information to disclose, how much to reveal, and how to express it. Cho recommended that firms conduct materiality assessments to identify material ESG issues, ensure data reliability through robust internal controls, and establish governance mechanisms to verify processes. The lawyer cautioned against unfounded assertions, declarative statements, and ESG d
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05:10

Alibaba's Tongyi ChatBot and ByteDance's Douyin Suspend AI Agent Services on July 15

According to official announcements, Alibaba's Tongyi ChatBot and ByteDance's Douyin will suspend their AI Agent services on July 15, following the implementation of new Chinese regulations on AI anthropomorphic interactive services. The suspension aligns with regulators' guidelines released in April, set to take effect on July 15. Users are advised to back up their data before the service termination; Douyin will retain data until October 15, after which it will be deleted according to privacy
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05:07

Samsung Q2 Earnings Drive KOSPI This Week; Index Expected in 7,200–9,000 Range

According to multiple Seoul brokerages, Samsung Electronics' Q2 preliminary earnings release on July 7 will be the key market catalyst this week, with KOSPI expected to trade between 7,200 and 9,000 points. Last week, the index fell 3.84% before rebounding to close near the 8,000 level. Samsung's Q2 operating profit consensus currently stands at 84.8–85.6 trillion Korean won, with analysts attributing recent volatility to AI-related concerns following "chipflation" worries and debates over exces
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05:07

South Korean Won-Dollar Rate Hits 28-Year High at 1484.6 Won in H1 2026

According to Newsis, South Korea's won-dollar exchange rate averaged 1484.6 won per dollar in the first half of 2026, marking the highest level since Q1 1998 during the Asian financial crisis. The rate has remained persistently elevated despite intervention efforts by currency authorities, as continued net selling pressure from foreign investors shows no signs of easing.
05:07

U.S. Bank Hedge Fund Exposure Doubles to $4.5 Trillion in Four Years, Strategist Warns

According to Bloomberg strategist Simon White, U.S. banks' exposure to hedge funds and non-bank financial institutions has surged to approximately $4.5 trillion from roughly $2 trillion four years ago. Average hedge fund leverage has nearly doubled since 2022, with collateral heavily concentrated in volatile artificial intelligence stocks. White warned that if a deleveraging event triggers, banks will shift from "shock absorbers" to "amplifiers," causing forced liquidations and margin calls to r
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05:05

Trump Emphasizes American Exceptionalism in July 5 Independence Day Speech

According to WSJ, on July 5, President Trump delivered remarks at America's 250th Independence Day celebration in Washington, emphasizing American exceptionalism. Trump stated that "for 250 years, America has been the hope, promise, light and glory of all nations in the world," adding "there is no country that can compare to us." Amid record-breaking heat and storm threats, thousands of attendees were evacuated from the National Mall earlier in the day but later allowed to return for the evening
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