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
00:43

China Issues 2.07 Trillion Yuan in Special Bonds, Reaches 47% of Annual Target by July 3

According to China Securities Journal, as of July 3, China has issued 2.0692 trillion yuan in new special bonds year-to-date, completing 47% of the annual target. June saw the highest monthly issuance so far at 571.6 billion yuan. Experts expect the pace of issuance and utilization to accelerate in the coming months, with funds likely focusing on integrated transportation infrastructure, energy, and water conservancy projects to support economic growth targets.
00:40

SemiAnalysis Projects Memory Spending in Nvidia Systems to Exceed 30% by End of 2026

According to SemiAnalysis, a leading semiconductor and AI infrastructure research firm, memory spending (combining DRAM, NAND, and HBM) in Nvidia systems will exceed 30% of total expenditure by the end of 2026 and surpass 40% in 2027. The projection was updated in May following faster-than-expected price increases and builds on the firm's earlier February forecast, which had drawn skepticism from some market participants.
00:39

Iran's Parliament Speaker Claims U.S.-Israeli Military Campaign Failed; Gulf Oil Exports Surge to 10M Barrels Daily on July 4

On July 4, Iran's Parliament Speaker Kalibaev claimed the U.S.-Israeli military campaign against Iran has failed, stating that all parties have concluded military action targeting Iran is unsuccessful and the U.S. should accept regional realities and lift sanctions. According to Reuters, Japanese oil buyers are conducting preliminary negotiations with Iran on crude oil purchases, while data showed Gulf oil exports surged over 3 million barrels per day in June, breaking the 10 million barrel dail
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00:39

Zelenskyy Calls for Domestic Patriot Missile Production in Ukraine on June 2

According to German sources, on June 2, Ukrainian President Volodymyr Zelenskyy called for producing Patriot missiles domestically or in partnership with allies, pledging continued support for U.S. operations if achieved. Ukraine's military faces increasing difficulty defending against large-scale air strikes, with air defense heavily reliant on U.S.-supplied Patriot systems that currently suffer from a critical shortage of interceptor missiles.
00:37

Apple Raises Prices on Multiple Hardware Products, Apple TV Up 55%

According to Benzinga, Apple raised prices on multiple hardware products on Thursday (July 4), with Apple TV jumping 55%, HomePod mini increasing 30%, and Mac Studio rising 25%. Industry analysts attribute the price hikes to semiconductor supply constraints amid AI infrastructure bottlenecks. Carson Group macro strategist Sonu Varghese noted that tight chip supply has forced Apple to pass higher costs to consumers as the company scales AI capabilities.
00:34

Whale "0x50b" Closes ETH Short Position with $9.368M Loss

Gate News message, whale address "0x50b" has closed its $ETH short position, recording a loss of $9.368M on this trade. The whale's total profit declined from $6.6M to -$2.3M. The whale currently holds a 228.7 $BTC long position with 20x leverage.
00:33

ENS Labs Operations Lead Brantly Millegan Announces Departure on July 4

According to PANews, on July 4, Brantly Millegan, operations director at ENS Labs, announced his departure from the organization on X platform, citing recent events and other reasons. He will gradually shut down ethid.org. Related projects including GrailsMarket, ENSMarketBot, and EFP will cease operations in the coming weeks, though their code will remain open-source.
00:33

Crypto Fear and Greed Index Rises to 22 on July 4, Signaling Extreme Market Fear

According to Alternative, the Crypto Fear and Greed Index reached 22 on July 4, up from 21 the previous day and the weekly average of 15, indicating a slight easing of extreme market fear sentiment. The index, which ranges from 0 to 100, measures market conditions through volatility (25%), trading volume (25%), social media activity (15%), surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).
00:29

South Korean Banks Accelerate AI Deployment to Counter Surge in Generative AI-Enabled Financial Fraud

According to Today News, South Korean financial institutions including IBK Corporate Bank are rapidly deploying artificial intelligence systems to combat evolving financial fraud schemes, amid a recent spike in major fraud cases. Traditional manual review and monitoring systems have failed to detect known fraud tactics in a timely manner, while generative AI is increasingly being weaponized for financial crimes. Banks are prioritizing AI-based detection and prevention systems to address the acce
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00:27

Ukraine Destroys At Least 7 Russian Aircraft in Crimea Strikes; Kyiv Sees 30 Killed on July 4

According to reports from Ukrainian and Russian officials, Ukrainian forces conducted drone strikes on Russian military airfields in Crimea on July 4, destroying at least 7 aircraft. The same day, Kyiv came under renewed attacks, killing at least 30 people, while Russia reported Ukrainian strikes in Zaporizhzhia caused 5 deaths and 18 injuries. Russian President Vladimir Putin announced that Russian forces have "completely liberated" Luhansk. In international developments, NATO plans to commit 7
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00:24

WTI Crude Falls 0.65% This Week to $68.78/bbl, Brent Down 0.91%

According to Guru Club, WTI crude futures fell 0.65% this week to close at $68.78 per barrel as of July 4, while Brent crude dropped 0.91% to $71.94 per barrel. Both benchmarks posted weekly losses amid easing supply concerns in the Strait of Hormuz and softer crude spot markets.
00:24

Ukraine Strikes Russian Military Airfields in Crimea, 7 Aircraft Damaged on July 3

According to Ukraine's Security Service on July 3, unmanned drones targeted two Russian military airfields in Crimea, with preliminary reports indicating at least seven military aircraft were damaged. The strikes came during a week when Russia's Defense Ministry reported destroying multiple Ukrainian military industrial facilities, energy infrastructure, and military airports in response to Ukrainian attacks on Russian civilian targets. Russia has not yet responded to the claims.
00:19

Bitcoin Drops to 21-Month Low of $57,737 This Week, Recovers to $61,000

According to Dailian, Bitcoin fell to $57,737 this week—a 21-month low—before recovering to $61,000, with market focus shifting from price bounces to confirmation of a bottom. The cryptocurrency broke below its 200-week moving average for the first time since 2022, prompting analysts to identify the realized price level of $52,000–$53,000 as the next key support. On-chain data from Glassnode showed a positive signal: long-term Bitcoin holders (holding for at least 155 days) reversed into net acc
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00:13

Samsung Electronics Surges 8% to 309,500 Won, Target Price Raised to 590,000 Won

According to Korea Investment & Securities and KB Securities, Samsung Electronics and SK Hynix surged on July 2 as analysts raised target prices amid easing macroeconomic concerns. Samsung climbed 8.22% to 309,500 won with its target price raised to 590,000 won, while SK Hynix jumped 10.88% to 2.425 million won with KB Securities lifting its target to 4.2 million won. Analysts cited robust memory demand through 2028 and strong second-quarter earnings as drivers. Samsung's Q2 operating profit is
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00:09

South Korea's LH President Role Filled After 8-Month Vacancy on July 4

According to Yonhap Infomax, Lee Seong-hun, a presidential land and transport secretary, was appointed as president of Korea Land & Housing Corporation (LH) on July 4, ending an eight-month vacancy since the previous president's resignation in October last year. On June 24, Jung Woo-jin also took office as head of the government's Housing Supply Promotion Headquarters, marking the completion of key leadership roles overseeing Seoul's 1.35 million housing unit supply plan.
00:09

Retail Investors Buy Leveraged Samsung, SK Hynix ETFs as Losses Hit 30-40% Amid Market Volatility

According to Korea Exchange, retail investors in South Korea continued buying leveraged single-stock exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix today (July 4), despite mounting losses. The ETFs, designed to double daily returns of the underlying stocks, have recorded losses of 30-40 percent, widening investor losses even as individual traders increase aggressive purchases amid ongoing market swings.