Gate Crypto Flash News and Market Updates

According to Xinhua, South African Vice President Paul Mashatile on July 3 said the government welcomes more Chinese enterprises to invest in South Africa and use the country as a springboard to expand into African markets.

According to Onchain Lens, the UXLINK hacker converted $10.54 million in DAI to 6,001 ETH at an average price of $1,757, subsequently transferring the funds to Tornado Cash.

According to the Brazilian Federal Police, authorities dismantled a Primeiro Comando da Capital (PCC)-linked cryptocurrency money laundering ring that moved approximately $2 billion on Friday (July 4). Operation Exchange involved 50 officers executing 24 search warrants across São Paulo, resulting in one arrest. The operation was accelerated after the U.S. Office of Foreign Assets Control (OFAC) designated key suspects on July 1, according to Federal Police Chief Andrei Rodrigues, who stated the

According to AFP, India's Defense Acquisition Council approved on July 4 the procurement of military equipment valued at $5.46 billion. The approved acquisitions include mid-range air-defense missiles, electronic warfare systems, jet-based kamikaze drones, portable anti-tank missiles, naval mines, and high-altitude unmanned aircraft for intelligence gathering. The purchase follows India's military buildup in response to last year's large-scale armed conflict with neighboring Pakistan.

According to the Korean Securities Depository, Parabolic-7 (P7) semiconductor stocks including Micron, SanDisk, AMD, Broadcom, Marvell, Intel, and Dell Technologies surged in late June through early July, outpacing the struggling Magnificent-7 tech giants. SanDisk rallied 635% since the start of the year, while Micron, Intel, and Dell each posted gains exceeding 200%. From June 26 through July 2, Micron attracted $271.3 million in net purchases from Korean investors, ranking first among foreign

According to CryptoQuant analyst Darkfost, Memecoin's share of the total altcoin market value has fallen to 3.7%, marking the lowest level since February 2024. The data shows that during the Memecoin craze in November 2024, this proportion exceeded 10%, but has now declined significantly to 3.7%, indicating a substantial pullback in Memecoin's market share within the altcoin sector.

According to Zhitong Finance, on July 4, Desai (02526) officially launched iMedLoop, a global medical imaging data platform covering data governance, expert annotation, model training, model service, and clinical applications. The platform aims to transform medical imaging AI development from single-disease-model approach to standardized, scalable platform-based production. Currently, the platform has onboarded over 3,000 professional annotators, deployed 289.5 million high-quality datasets, and

On Saturday, macro investor Jordi Visser said that if Bitcoin reclaims its 200-day moving average, putting it "north of $70,000," it would trigger "the beginning of the next phase of crypto." Speaking on Anthony Pompliano's podcast, Visser predicted this could occur in the second half of 2026, noting that markets are underestimating Fed dovishness and inflation is cooling. Visser identified Bitcoin as the "best performer" among asset classes, citing a significant volatility gap: Bitcoin trades n

According to the Korea Exchange, South Korea's stock market volatility circuit breaker (VI) was triggered 29,357 times in the first half of 2026 (January–June), marking the highest half-year total on record. The surge reflects increased market volatility amid heightened investment activity and accelerating speculation in the domestic equity market.

According to Lookonchain, on July 5, the Step Finance attacker sold all 261,933 SOL (worth $21.4 million) after a five-month dormancy period, bridging the funds to Ethereum and purchasing 12,128 ETH. The attacker subsequently deposited the acquired ETH into Tornado Cash for mixing.

According to Bank of America's latest memory industry weekly report released this week, the bank dismissed three major market concerns currently weighing on memory sector stocks. The core conclusion: most bearish narratives circulating in the market do not hold up to scrutiny, and the industry's underlying fundamentals remain on an upward trajectory. Supply chain checks by the bank confirmed Meta's HBM, LPDDR5, and eSSD orders continue to strengthen despite rumors of production cuts. Meanwhile,

According to Tom's Hardware, Intel officially confirmed on Friday (July 3) that it has raised prices on select consumer and server processors, citing supply chain cost increases and strong product demand. Consumer-grade processors including Core Ultra 7 270K Plus and Core Ultra 7 250K Plus saw price hikes of 30-50 dollars each, while data center-grade Xeon processors increased by hundreds to thousands of dollars. An Intel spokesperson stated: "Recent pricing adjustments reflect current market co

According to Predict.fun market data released July 5, Brazil has 68% odds to advance in the 2026 World Cup round of 16 matchup against Norway, which holds 31% odds. The prediction platform shows traders favoring the five-time champion for the knockout stage clash.

According to Jin10, Zhaojin Gold disclosed on July 5 that its stock price rose with cumulative gains exceeding 20% over two consecutive trading days on July 2-3, triggering abnormal trading disclosure requirements. The company highlighted that fluctuations in gold prices, driven by supply-demand dynamics, global macroeconomic conditions, and monetary policy, could significantly impact earnings from its refined gold and ore products. Additionally, the company noted operational risks related to it

According to the National News Agency of Lebanon, Israeli military forces are shelling the town of Deir Siryan in southern Nabatiyeh, Lebanon, on July 5.

According to ChainCatcher, BSC-based meme coin HEYI spiked to a market cap of $4.3 million intraday on July 5, now trading at $3.8 million. The token surged over 59 times in 24 hours, according to GMGN market data.

According to New York Times on July 4, approximately 990,000 investors who purchased Trump coin ($TRUMP) have incurred losses, with roughly two-thirds of investors down on their positions. The Trump camp and related coin issuers have reportedly earned hundreds of millions of dollars through transaction fees and other revenue streams, while the majority of retail investors face losses.

According to the IB industry, on July 5, Seoul Rehabilitation Court decided to terminate Home Plus' corporate restructuring procedure, triggering liquidation proceedings. If the retailer fails to secure 200 billion Korean won in operating funds within 14 days to file an appeal, the court decision becomes final. The company will then proceed with bankruptcy and liquidation instead of court-supervised restructuring. Reports indicate up to 62 stores may be separated and sold off, marking the retail

According to BlockBeats citing Serenity, on July 5, SemiAnalysis faced market scrutiny after the research firm published a bearish report on optical communications in June, citing low yields in CPO (co-packaged optics) technology and potential product delays, causing related stocks to decline significantly. The firm subsequently launched an optical communications themed ETF in cooperation with Tema ETFs. Notably, companies including Himax Technologies and Lumentum Holdings—which SemiAnalysis had

According to BlockBeats citing Serenity, on July 5, JD.com founder Richard Liu revealed plans to gradually replace approximately 700,000 delivery personnel with robots. The company has signed cooperation agreements with about 120 schools to retrain delivery staff for roles in robot maintenance and repair. Serenity noted this approach aligns with Amazon's earlier commitment to reduce approximately 600,000 future hiring needs through robotics, indicating accelerating commercial deployment of robot