Gate Crypto Flash News and Market Updates

According to Mali's Armed Forces statement via Jin10, military positions in Mali's northern and central regions came under attack on the morning of July 4. The targeted locations included Aguelock, Anefis, and Gao in the north, as well as Sevare in the central region. The military said it is tracking the situation; the statement did not disclose the attackers' identity, casualty figures, or operational details. Mali has faced ongoing security challenges since 2012, marked by frequent terrorist a

According to Hinkal, attackers recently extracted approximately 797,000 USDC from the protocol's Ethereum smart contract and converted it to around 454 ETH. About 410 ETH was transferred to Tornado Cash, while the remaining 44.67 ETH was bridged to Bitcoin via THORChain. Hinkal is coordinating with external security teams to track the stolen funds. The protocol has committed to fully reimbursing affected users.

According to TheStreet, Bitcoin broke past $62,000 on July 2 after U.S. employment figures came in significantly below expectations, providing relief to the market following weeks of heavy losses. The Bureau of Labor Statistics reported the U.S. economy added just 57,000 jobs last month, with the unemployment rate holding steady at 4.2%. Legendary analyst John Bollinger flagged a technical formation developing on Bitcoin's daily chart, identifying a "W" pattern (double bottom) that traders inter

According to Kyobo Securities, as of July 4, the USD/KRW exchange rate has surged to 1,550, up from 1,500 in May, driven primarily by foreign investors' continued equity sales. Year-to-date foreign stock liquidations total approximately $98 billion, matching the scale of South Korea's cumulative trade surplus of $138 billion. Senior Researcher Wi Jae-hyeon noted that passive fund rebalancing is likely to persist given South Korea's outperformance versus the MSCI Emerging Markets benchmark. While

According to The New York Times, nearly 1 million investors collectively lost $3.81 billion in Trump-themed tokens by the end of June. Crypto analysis firm Nansen found the underlying token mechanism allows Trump to profit from both price increases and declines through trading fee distributions. The tokens, promoted via his Truth Social platform, include TRUMP and WLFI, both of which have experienced significant price declines since launch.

According to Onchain Lens, the associated wallet of USDH's deployer deposited 212,498 HYPE tokens to Coinbase today (July 4), valued at $15.07 million.

According to official statements on July 4, U.S. President Donald Trump engaged in multiple diplomatic interactions over the past 24 hours. Trump held a phone call with Israeli Prime Minister Benjamin Netanyahu, with both sides agreeing to hold an in-person meeting in the United States in the coming weeks. Meanwhile, Trump also spoke with Colombian President Gustavo Petro to discuss illegal crop substitution; Petro requested removal from sanctions list, and Trump indicated he would "do his best.

According to EU Commission President Ursula von der Leyen, the EU Commission proposed suspending trade preferences under the EU-Israel Association Agreement ten months ago.

According to the Korea Exchange on July 1, KOSDAQ, South Korea's secondary stock market, is implementing major reforms on its 30th anniversary to restore market credibility. The exchange will strengthen delisting requirements for underperforming companies and expand support for innovative enterprises. Under revised rules, companies trading below 1,000 Korean won for 30 consecutive trading days will be designated as managed stock; failure to recover above 1,000 won within 90 trading days results

According to Samsung Securities, on July 4, the firm set H2 2026 KOSPI target range of 8,400–12,600, with 12,600 as the upper bound based on a 3x price-to-book ratio (PBR) and adjusted return-on-equity (ROE) of 17 percent. The lower bound of 8,400 reflects an 8x price-to-earnings ratio (PER) floor. Samsung Securities' top 10 picks include Samsung Electronics, SK Hynix, Samsung Electro-Mechanics, Doosan Enerbility, Hyosung Heavy Industries, SK Telecom, APR, Korean Financial Group, Samsung E&A, an

According to Samsung Securities' H2 2026 outlook report released today (July 4), the firm targets the KOSPI at 12,600 for the year, citing expected improvements in semiconductor earnings to drive strength in the second half. The brokerage expects semiconductors to lead gains through Q4, with financials and domestic consumption sectors joining the rally thereafter. Top picks include Samsung Electronics and SK Hynix, among 10 preferred stocks identified in the report.

According to Bloomberg, the Silicon Valley Data LLM Token Expenditure Index has fallen nearly 20 percent from its May high, suggesting AI enterprises are losing pricing power as customers become cost-sensitive. The index, which tracks per-unit AI token payment prices, nearly doubled since its December 2025 launch before retreating. Research firm Allianz noted that AI investment growth exceeds sales growth by 46 percent—worse than the 32 percent gap during the 2001 telecom bubble. However, the de

According to Moscow Mayor Sergei Sobyanin, over 200 Ukrainian drones attacked Moscow region on July 4, with 62 destroyed as they approached the city. Sobyanin said most of the drones were intercepted at a distance from Moscow.

According to Bloomberg, SK Hynix is considering paying underwriting fees of approximately 0.5% of total fundraising for its U.S. ADR listing, which could become one of the largest equity offerings in history. The company has indicated plans to issue new shares equivalent to at most 2.5% of its outstanding stock, though final issuance size remains undetermined and will directly affect the final underwriting fee amount.

According to Hana Securities analyst Lee Ki-hoon, major South Korean entertainment companies are trading at significantly depressed valuations. HYBE is valued at 22x forward P/E, while SM Entertainment, JYP Entertainment, and YG Entertainment trade at 12–15x multiples, representing substantial undervaluation relative to expected Q2 2026 earnings. Hana Securities expects HYBE to report Q2 operating profit of 144.5 billion Korean won, up 119% year-over-year, driven by BTS touring revenue. SM is pr

According to China Aviation Industrial Corporation, the country's first Y-12F atmospheric comprehensive survey aircraft completed its maiden flight at Harbin Pingfang Airport recently. The fixed-wing platform is designed for atmospheric environmental monitoring and exploration.

According to SolanaFloor, Solana's total real-world asset (RWA) value reached a historic high of $3.62 billion over the past 7 days, with $540 million in new RWA value added during this period.

According to Ukraine's General Staff, today (July 4) the military denied reports that Russian forces had taken control of Konstantinovka in Donetsk region. Spokesman Kovaliov stated that Russian troops continue attempting to capture the city, with small groups of Russian soldiers infiltrating Ukrainian positions being cleared by Ukrainian forces. The situation remains severe, but Konstantinovka remains under Ukrainian control.

According to Bloomberg, Micron Technology broke ground on July 4 on a 1.5 trillion yen ($9.3 billion) expansion of its Hiroshima plant in Japan to produce advanced memory chips including high-bandwidth memory (HBM) for AI processors. Japan's Ministry of Economy, Trade and Industry allocated up to 500 billion yen ($3.1 billion) for the project, with the Japanese government committing approximately 775 billion yen ($4.8 billion) to Micron in total support. Shipments from the new facility are expec

According to Bank of America data, US stock funds experienced net outflows of $17.2 billion in the week ending July 1, marking the first weekly outflow in three months and the fastest withdrawal pace since March. In contrast, Japanese equities attracted $1.9 billion in inflows during the same period, their strongest weekly intake in seven weeks.