Gate Crypto Flash News and Market Updates

According to Odaily, SpaceX will officially be added to the Nasdaq-100 index on July 7, marking one of the fastest major IPO inclusions in the index's history. Historical precedent shows index inclusions do not always signal sustained gains; prior cases have peaked near inclusion dates followed by pullbacks. Palantir Technologies declined approximately 25% in the weeks following its December 2024 Nasdaq-100 addition.

According to Bank of America data released on July 6, in June, 53% of large-cap actively managed funds outperformed their benchmark index. Mid-cap and small-cap active funds showed stronger performance, with 71% and 91% respectively beating their benchmarks. The bank attributed the outperformance to semiconductor stocks' strong gains in the first half of 2026, which boosted growth-style funds relative to value-style funds that held lower allocations to semiconductor equities.

According to Financial News, Hill House Investment officially withdrew its acquisition of EASIS Asset Management today (July 6), marking the collapse of the deal announced earlier this year. The investment bank sector attributes the withdrawal to regulatory scrutiny over the acquirer's leverage financing structure and concerns regarding major shareholder eligibility, combined with opposition from the National Pension Service, EASIS's largest stakeholder. Hill House did not submit its required 10

According to Token Terminal data, Invesco's tokenized U.S. Treasury fund USTB saw deposits into Aave grow by approximately 300% in the second quarter of 2026. The fund is managed by Invesco and issued via Superstate's FundOS tokenization infrastructure, reflecting deepening integration between real-world assets and decentralized finance protocols.

According to Reuters, Citi has slashed its 12-month price targets for Bitcoin and Ethereum, reflecting negative ETF flows and stalled U.S. crypto legislation. Bitcoin's target dropped to $82,000 from $112,000, while Ether's forecast was trimmed to $2,240 from $3,175. The brokerage cited $3.3 billion in Bitcoin ETF outflows so far this year and lowered expected ETF inflows to zero from $10 billion over the next 12 months.

According to Bernstein Research data, memory chip stocks tumbled on Thursday, with Micron down 15.5% and SanDisk down 23.3% in early July trading. The selloff reflects extreme price increases in the sector: DRAM memory chips used in PCs and servers, and NAND flash memory for data storage, both surged approximately 660% over the past year through June. Analysts warn the outsized gains may create supply-demand tensions. As Mark Newman, memory chip analyst at Bernstein Research, stated, demand is s

According to BlockBeats, on July 6, Nasdaq tracking funds completed a forced rebalancing and passively bought approximately $4.3 billion worth of SpaceX shares. Thousands of U.S. investors holding Nasdaq 100 index funds in 401(k), IRA, or regular accounts became SpaceX shareholders without knowing it. Starting July 7, SpaceX will officially join the Nasdaq-100 index as the fastest-ever company to enter a major U.S. index, with fund holdings comprising about 0.5%-0.7% of the index. The addition f

According to PANews, on July 6, Machi Big Brother displayed an 11,100 ETH perpetual long position with 25x leverage, worth approximately $19.68 million. The position was opened at $1,735.7 per ETH and shows an unrealized gain of $413,000 with a 53.4% return rate. The trader commented, "Going to make it all back in one trade."

Last week, foreign investors net sold approximately 20 trillion won from South Korea's KOSPI market, with Samsung Electro-Mechanics emerging as their largest purchase target. The buying interest reflects expectations of increased demand for multilayer ceramic capacitors (MLCC) and semiconductor packaging substrates driven by expanding AI infrastructure.

According to the Hong Kong Stock Exchange, today (July 6) the exchange issued an unfitness statement and censure against Wang Ping, former executive director of China Silver Group International Holdings Limited (00171). The announcement follows an investigation into whether Wang fulfilled his director duties under the Listing Rules. The exchange noted that Wang failed to respond to its inquiries during the investigation.

According to media reports, 7-Eleven filed a lawsuit against Nike on July 2 at the U.S. District Court for Northern District of Texas, alleging the Air Max 95 Big Bubble QS 2 (style code IR1944-102) infringes its trademark through a color scheme on the shoe's lateral stripe that closely mirrors 7-Eleven's signature orange, green, and red horizontal stripes. 7-Eleven also claimed Nike deliberately scheduled the shoe's release for July 11, coinciding with 7-Eleven Day, constituting trademark infri

According to 每日经济新闻, storage chip prices including NAND flash and solid-state drives have surged recently, driven by structural production capacity crowding from AI computing demand. 1TB solid-state hard drives have doubled in price from 500 yuan to 1,000 yuan, while specialized storage modules for consumer electronics such as gaming consoles saw even steeper increases. Industry sources indicated the price hike is expected to persist through 2027.

Russell 2000 small-cap index (the major benchmark for U.S. small-cap stocks) delivered gains exceeding 21% in the first half of 2026, marking its strongest performance for the first half of any year since 1991, according to market analysts including Alger fund managers. The rally reflects a reversal from years of underperformance relative to large-cap stocks, driven primarily by artificial intelligence infrastructure investment spillovers, valuation normalization, and improving fundamentals. Wit

On July 5, during the 2025/26 ABB FIA Formula E World Championship double-header in Shanghai, Jaguar TCS Racing driver Antonio Felix da Costa took second place, earning 22 points alongside car number 9 driver Mitch Evans. This marks da Costa's fourth podium finish with Jaguar TCS Racing, and his third consecutive podium at the Shanghai round.

According to iNews24, Samsung Electronics closed up 2.75% (8,500 Korean Won) to 318,000 Korean Won on July 6, ahead of its Q2 earnings announcement scheduled for July 7. Investor sentiment remains mixed ahead of the results, with some expecting gains while others anticipate potential post-earnings volatility.

According to Bernstein analysts led by Gautam Chhugani, Bitcoin was trading around $62,600 on July 6 after a 54% drawdown from October 2025's peak near $125,000. Despite the correction, Bernstein maintained its year-end target of $150,000, which the firm acknowledged as "ambitious" given current market conditions. The 54% decline is milder than the 75–90% drawdowns that ended previous cycles, with the correction running three quarters from the cycle top versus the historical norm of 12–15 months

According to Spain's Petroleum Products Strategic Reserve Company, Spain's crude oil imports in May reached 5.2 million tonnes, up 8.2% year-on-year.

According to South Korea's Supreme Court, on July 2, the court announced an amendment to the Rules of Civil Execution, establishing for the first time a formal legal framework governing the seizure and liquidation of virtual assets. The revised rules, currently open for public comment until August 11, are scheduled to take effect on October 1, 2026. The amendment addresses two enforcement scenarios: execution against a debtor's right to claim asset transfer from exchanges, and execution against

According to Ali Charts, Solana added 1.6 million new addresses over the past two weeks in early July, with the network's total address count rising from approximately 6.8 million to 8.6 million. At the same time, SOL maintained its short-term uptrend, keeping the $86-$94 resistance zone in focus for potential further gains, according to more detailed technical analysis shared by market observers.

According to Sheldon Mills, the UK Financial Conduct Authority's executive director, the FCA warned recently that unregulated financial AI services are creating a regulatory gap. The report noted that 20% of British adults are willing to let large language models make savings and lending decisions, yet these services lack consumer protection safeguards available under traditional regulated financial advice. The FCA report recommends urgent regulatory review and proposes expanding legislative aut