Gate Crypto Flash News and Market Updates

According to Syria's Interior Ministry, security forces arrested the terrorist group responsible for the bombing attack in Damascus on July 9 evening. The ministry said security personnel conducted simultaneous raids across multiple locations in the capital and successfully apprehended all individuals involved in the explosion. Detainees are currently undergoing interrogation; their identities will be released publicly.

The U.S. House of Representatives will vote next week on a bill to permanently implement daylight saving time.

According to the National Association of Realtors, existing home sales fell 2.4% to a seasonally adjusted annual rate of 4.09 million in June, below consensus expectations for an unchanged reading. In response, gold prices climbed to session highs of $4,134.10 per ounce, up 1.5% on the day. The median home price reached a record high of $440,600, up 1.8% year-over-year, as the Federal Reserve's tightening bias continues to push mortgage rates higher.

The Korea Financial Services Commission designated seven specialized finance investment companies for small and medium-sized enterprises today (July 10), effective through July 9, 2029. The designated firms are BNK Investment & Securities, IBK Investment & Securities, SK Securities, Leading Investment Securities (newly added), Yugin Investment Securities, Korea Asset Investment Securities, and Hanwha Investment Securities.

According to FinancialNews, South Korea's KOSPI index surged from 4,200 at the start of 2026 to nearly 9,000 by mid-year, triggering a return of individual investors who had focused exclusively on U.S. stocks. The rally, fueled by gains in semiconductor stocks like Samsung Electronics and SK Hynix, sparked FOMO-driven flows. In April and May alone, Korean retail investors sold $469 million and $940 million worth of U.S. stocks respectively, redirecting capital to domestic equities. The domestic

According to Bain Capital executives speaking to Bloomberg TV on July 8, the U.S. private equity firm has completely exited its holdings in Kioxia, the Japanese memory chip maker now ranked No. 1 by market capitalization in Japan. Bain, alongside SK Hynix, acquired Toshiba's memory division for approximately $18 billion in 2018 and took it public in December 2024. The stock has surged over 4,000% since listing, driven by global AI investment demand. Kioxia employees who received stock options ar

According to Reuters, on July 9, Putin rejected his inner circle's ceasefire suggestions and is instead preparing a brutal new offensive to capture Ukraine's Donbas region, a Kremlin insider revealed. The Russian leader dismissed advisers who proposed a compromise based on current front lines, reportedly remaining convinced Russia will soon seize the eastern territory despite slowed military advances this year. Ukrainian intelligence officials warned Putin is gearing up for further military esca

According to Capital.com, gold dominated retail trading activity on the platform during the second quarter of 2026, representing 42.4% of the total trading volume amid geopolitical tensions and shifting interest rate expectations. The platform processed $1.13 trillion in client trading volume between April and June, with gold remaining by far the most-traded instrument. US Tech 100 ranked second with 25.9% of volume, followed by WTI Crude Oil at 7.0%. Despite a 23.2% decline in total number of t

According to Sputnik, Russian Foreign Minister Sergey Lavrov said on July 10 that Russia no longer believes the West is willing to negotiate a resolution to the Ukraine conflict. Lavrov stated: "We will not believe anymore that the West has a desire to resolve the issue through negotiations. The goodwill and hopes we previously held have been completely exhausted." He added that Moscow has outlined its assessment of the current situation, noting that the West is simultaneously feigning readiness

According to the U.S. Central Command, Iran does not control the Strait of Hormuz. The U.S. has assisted more than 800 commercial vessels in transiting the strait since May.

According to Wall Street Journal, Netflix recently discussed adding live channels and exploring bundled service offerings. The company is also considering bidding for broadcasting rights to the 2030 and 2034 FIFA World Cups. Netflix shares fell 2% in after-hours trading following the reports.

On July 9, offshore Chinese yuan (CNH) closed at 6.7950 per USD in New York late session (04:59 Beijing time on July 10), rising 113 points from the previous day's close. The pair traded within a range of 6.8067 to 6.7933 during the session.

According to Messari, MetaDAO's treasury grew 524% in Q1 2026 to reach $12.24 million, despite protocol revenue totaling $556,000 for the quarter, a 78% decrease from Q4 2025's $2.52 million. The divergence reflected the liquidation of Ranger Finance, which returned $5.04 million to RNGR token holders, boosting treasury value through asset returns rather than operational income.

AVAX One, a crypto treasury firm that holds Avalanche (AVAX), announced Thursday (July 9) that it regained compliance with Nasdaq's minimum bid price requirement after shares closed above the $1.00 threshold for 10 consecutive trading days through June 29. The company conducted a 1-for-12 reverse stock split on June 15, reducing share supply from over 92.3 million to under 7.7 million shares, enabling it to meet Listing Rule 5550(a)(2). Interim CEO Pete Wylie stated the company is now focused on

According to CoinDesk, Grayscale CFO Edward McGee has departed after serving for 7 years at the asset manager. Grayscale has appointed Kathryn Masci and Daniel Plourde as interim co-chief financial officers. McGee is the second senior executive to leave the firm in recent weeks; distribution and partnerships head John Hoffman previously departed to join Ondo Finance.

On Thursday (July 9) in New York trading, COMEX gold futures rose 1.24% to $4,133.10 per ounce, while spot gold climbed 1.14% to $4,123.83 per ounce, with intraday range of $4,054.39–$4,138.06. COMEX silver futures surged 3.14% to $60.380 per ounce, and spot silver gained 2.92% to $60.0031 per ounce.

Hong Kong Exchanges and Clearing (HKEX) is accelerating market infrastructure reforms on July 8, advancing a shortened settlement cycle to T+1, reducing tick sizes, and reviewing extended trading hours. The initiative aims to enhance trading efficiency and strengthen Hong Kong's competitiveness as an international financial hub amid rapid changes in global trading environments, as major markets including the U.S. and Europe have adopted shorter settlement cycles.

According to Perplexity's announcement on July 9, the company released a post-trained version of GLM 5.2, a 744-billion-parameter Chinese open-source model, designed to operate inside its Computer agent harness. The fine-tuned model delivers near-frontier performance at approximately one-third the cost of Claude Opus 4.8 (0.344x). The system uses an "advisor tool" that recognizes when a query exceeds its own capabilities and escalates to a frontier model for complex tasks, keeping costs low by h

According to Canadian Prime Minister Mark Carney, Saudi Arabia's $1 trillion Public Investment Fund (PIF) has accepted an invitation to attend an investment summit he will host in Toronto in September. Carney stated that Saudi investors are interested in Canada's energy, mining, and infrastructure sectors. The announcement came at the conclusion of Carney's recent visit to the Middle Eastern kingdom, marking the first visit by a Canadian leader to Saudi Arabia in 26 years.

According to Korea Exchange, KOSPI's daily volatility above 5% surged to 25 days so far in 2026, compared to only 2 days in 2025—a 1,150% increase. NH Investment Securities reported on July 9 that the surge follows the May 27 launch of 2x leveraged products tracking Samsung Electronics and SK Hynix. Days with 3% or greater KOSPI swings reached 42 this year versus 9 in 2025, with the 3% volatility rate jumping from 27% before product launch to 53% after. The two stock-tracking leveraged products