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
04:29

Analog Devices Extends Delivery Times to 6 Months on July 4 Amid Semiconductor Supply Surge

According to BlockBeats, on July 4, Analog Devices sent a formal notice to customers stating that due to surging semiconductor demand and tight supply conditions, delivery times for certain product portfolios have been extended to up to six months. ADI advised customers to place orders at least six months in advance through channel partners and accordingly extend order backlog coverage. According to Critini Research analyst Jukan, the extended lead times for analog chips signal a broadening dema
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04:25

South Korea's ETF Market Hits 513 Trillion Won, Up 72% in H1 2026; Analysts Shift to Diversified Strategy for H2

According to Guru Club, South Korea's exchange-traded fund (ETF) market reached 513 trillion won in net assets by June 2026, surging 72% from end-2025, with equity ETFs jumping 165% to 254.8 trillion won. However, analysts recommend shifting from concentrated semiconductor bets to diversified portfolios in the second half, combining offensive positions in AI chipmaking equipment, data center infrastructure, and software solutions with defensive covered-call strategies and mixed-asset ETFs to man
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04:05

Trump Pardons 11 People on July 3; FTX's SBF Not on Published List

According to BlockBeats, President Trump signed a clemency order on July 3, pardoning 11 people, including several convicted under the Clean Air Act. Trump stated these individuals were "victims of persecution" by the Biden administration and imprisoned for repairing their own vehicles, saying "I am freeing them all right now." Notably, FTX founder SBF has not appeared on the released pardon list. As the U.S. celebrates its 250th anniversary today, Trump will participate in multiple events natio
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04:04

JPMorgan Warns of Market Divergence Similar to 1999 Tech Bubble as Semiconductor Index Surges 87%

According to JPMorgan Chase chief technology strategist Jason Hunter on July 2, U.S. equity markets are showing signs of divergence similar to the months before the 1999-2000 tech bubble burst. AI hardware supply chain stocks are surging while hyperscale cloud providers that are heavily investing in AI infrastructure are facing selling pressure. The Semiconductor Index has jumped 87% year-to-date, with memory stocks particularly strong; the Roundhill Memory ETF has gained 141% since its April la
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04:02

Experts Propose Structural Reforms to Address Korea Discount, Including Minority Shareholder Protections

On July 3, experts at an Asian Financial Association International Academic Conference in Seoul proposed fundamental reforms to address Korea Discount—the chronic undervaluation of Korean equities in capital markets. Speakers identified cross-listings among the major impediments to corporate governance and investor protection. Experts recommended introducing minority shareholder majority voting (MoM) for related-party transactions and mandatory tender offer requirements to prevent controlling sh
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04:02

ENS Labs Operations Director Brantly Millegan Resigns, Shuts Down ethid.org

According to Foresight News, ENS Labs operations director Brantly Millegan announced his resignation recently due to internal developments and other reasons. He stated that GrailsMarket, ENSMarketBot, and EFP will cease operations in coming weeks, though their code will remain open source. Team members are open to new employment opportunities.
04:01

Visa, Onafriq Test Stablecoin Payments for Mobile Money Top-Ups in DRC

According to The EastAfrican, Visa and Onafriq are piloting stablecoin-based cross-border payments for mobile money settlement in the Democratic Republic of Congo. The initiative aims to reduce costs and friction in cross-border transactions across Africa by leveraging stablecoins for remittances and B2B payments.
04:00

CatFee Staking Vault Enters TRONSCAN DeFi TVL Top 10

According to Odaily, CatFee Staking Vault has been included in the TRON ecosystem DeFi TVL rankings and entered the Top 10, classified as a Staking/Yield project. The listing reflects CatFee's growing prominence in on-chain data visibility within the TRON network. CatFee.io provides infrastructure services including TRON energy, node services, staking vaults, and enterprise-grade APIs.
03:55

Single-Stock Leveraged ETFs Trigger VKOSPI Surge to 18-Year High of 91.2 Since May 27 Launch

According to Shinhan Investment Securities, 16 single-stock leveraged ETFs listed on May 27 have triggered a sharp market volatility surge in South Korea. The KOSPI volatility index (VKOSPI) has surged to 91.2—its highest level since the 2008 financial crisis—and currently trades around 88.9 on average, up from a pre-listing baseline of 53. Annualized volatility for individual stocks backing the leveraged products has doubled. SK Hynix and Samsung Electronics show volatility of 90% and 78% respe
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03:41

Revolut to Discontinue USDT by August 31 with Phased Timeline

According to Foresight News, Revolut announced on July 1 that it will discontinue USDT. Users can purchase USDT until July 6, new deposits will be halted from July 30, and the platform will stop allowing withdrawals and sales by August 31. After that date, any remaining USDT in user accounts will be automatically converted to the user's local fiat currency at the prevailing exchange rate.
03:41

Revolut to Delist USDT on July 30, Citing MiCA Non-Compliance

According to BlockBeats, Revolut announced on July 4 that it will delist USDT due to non-compliance with the European Union's MiCA (Markets in Crypto-Assets) regulation. Users can continue purchasing USDT until July 6, after which the platform will stop accepting new USDT deposits on July 30. Users may sell USDT or withdraw to external wallets until August 31, when Revolut will convert any remaining USDT balances to fiat currency at the prevailing exchange rate. The delisting follows the full en
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03:35

Crypto Remittance Platform Offramp to Cease Operations, Final Shutdown December 31

According to its official announcement, Offramp, a crypto-native remittance platform serving Latin American freelancers, will cease operations in phases starting July 1, 2026. Transfers, QR code payments, deposits, and investment features have been suspended effective immediately. As of July 31, the platform will halt fiat deposits and withdrawals, crypto deposits, physical and virtual cards. On September 30, crypto withdrawals will cease, and all remaining services will be terminated by Decembe
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03:35

India Investigates Tata Electronics Data Breach Involving Apple Devices on July 2

According to Xinhua News Agency, India's Ministry of Electronics and Information Technology Secretary Krishnan initiated an investigation into a major data breach at Tata Electronics on July 2. The case has been escalated to the Computer Emergency Response Team (CERT-In), India's cybersecurity authority, marking the government's first official statement on the incident.