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.
Today
05:11

Goldman Sachs Projects $7.6 Trillion AI Capital Spending Through 2031, Shift to Physical Economy Accelerates

According to Goldman Sachs' latest report released on July 7, artificial intelligence investment is shifting from computing infrastructure toward broader physical industries including manufacturing, energy, logistics, defense, life sciences, and robotics. The bank projects global AI capital expenditure on computing, data centers, and power will reach approximately $7.6 trillion from 2026 through 2031, with annual spending rising from $765 billion in 2026 to $1.64 trillion by 2031. Hyperscale clo
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05:09

Korea Investment Corporation Opens Tokyo Office as 6th Overseas Hub

According to Yonhapinfomax, Korea Investment Corporation (KIC) opened its Tokyo office on July 7 in the Marunouchi financial district, expanding its investment footprint across the Asia-Pacific region. The office marks KIC's sixth overseas hub, following operations in New York, London, Singapore, San Francisco, and Mumbai. KIC President Park Il-young stated the Tokyo office will serve as a strategic base to identify quality investment opportunities in Japan and the broader Asia-Pacific capital m
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05:09

Foreign Investors' Samsung Electronics Holdings Hit 17-Year Low Since 2009 Crisis

According to Korea Exchange, as of July 6, foreign investors' Samsung Electronics holdings fell to their lowest level since the 2009 financial crisis. Simultaneously, retail traders' margin buying (borrowing to invest) in semiconductor stocks reached record highs this month, with total margin credit balance surging to historically elevated levels.
05:02

Ripple Receives Final EU CASP License, Clears Operations Across 30 EEA Countries

According to Ripple's official statement on July 6, 2026, the blockchain company received final EU CASP (Crypto-Assets Service Provider) license from Luxembourg's financial regulator CSSF. The approval makes Ripple fully compliant with the EU's Markets in Crypto-Assets (MiCA) framework. Ripple can now provide regulated digital asset payment services to financial institutions and enterprises across the European Economic Area's 30 member countries. The company currently holds over 75 regulatory li
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04:57

Goldman Sachs Maintains $285 Price Target on Nvidia, Says Valuation Reflects ASIC Risk

According to BlockBeats, on July 7, Goldman Sachs maintained an overweight rating and $285 price target on Nvidia, saying the stock's current valuation already reflects risks from customers' custom ASIC chips and intensifying competition. Analyst James Schneider believes the risk discount is excessive and expects Nvidia to deliver strong revenue growth next year despite market share losses to custom chips.
04:52

Ukraine Strikes Russia's Largest Oil Refinery 2,700 km Away on July 6

According to Reuters, on July 6, Ukrainian forces struck Russia's largest oil refinery in Omsk with drones from approximately 2,700 km away. Reuters assessed the attack as one of Ukraine's longest-range strikes since the war began. In response, Russia conducted a massive overnight assault on Kyiv using 68 ballistic and hypersonic missiles and 351 attack drones, according to Russian military claims. The strike killed at least 25 people and wounded dozens in Kyiv and surrounding areas, marking the
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04:51

Kraken Launches API Partner Program With Lifetime Revenue Sharing

According to Kraken, the exchange has launched an API Partner Program aimed at integrated trading platforms, brokers, and algorithmic trading desks. The program offers lifetime revenue sharing tied to referred trading volume, enabling partners to earn from order flow routed through Kraken. The move targets professional traders and institutional flow rather than retail users, positioning Kraken as a core liquidity layer within third-party trading tools.
04:49

Top 1% Investors Snap Up Samsung Electronics, SK Hynix Amid 8% Drop on July 7

According to Mirae Asset Securities, top 1% investors (ranked by 1-month returns) on July 7 snapped up Samsung Electronics and SK Hynix as both stocks fell sharply. Samsung Electronics dropped 9.12% to 289,000 Korean won, while SK Hynix declined 8.19% to 2.151 million won as of 1:31 p.m. local time. The buying came despite Samsung Electronics posting record second-quarter operating profit of 89.4 trillion won, up 1,810% year-over-year. Analysts attributed the sell-off to profit-taking after expe
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04:49

Goldman Sachs Sees Chip Stock Opportunity but Urges Selective Buying, PHLX Up 80% YTD

According to Goldman Sachs, on July 7, semiconductor stocks offer investment opportunities following a pullback, but AI chip trading has shifted to a more selective phase, with investors no longer able to simply buy the entire sector. The PHLX Semiconductor Index has surged over 80% year-to-date, significantly outpacing the S&P 500 and Nasdaq, raising the bar for earnings delivery and creating divergent risk-reward dynamics ahead of second-quarter results. Goldman Sachs remains bullish on specif
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04:42

UNDP Expands Stellar Blockchain Partnership Through 2027, Pilot Programs Show 10% to 2% Cost Reduction

According to UNDP, on July 6, 2026, the United Nations Development Programme and the Stellar Development Foundation expanded their partnership agreement through 2027 to establish blockchain-based aid payments as a standard capability across UNDP's global country offices. The collaboration will develop governance frameworks, implementation guidelines, and operational standards for blockchain-enabled humanitarian programs. Pilot programs across 17 countries, including Haiti, Syria, Kenya, Guatemal
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