Gate Crypto Flash News and Market Updates

According to Barron's, Evercore ISI analyst Amit Daryanani raised his SanDisk (SNDK-US) price target to $3,100 from $1,400 on July 13, despite the stock falling 16% in July to $1,915. Daryanani noted that investors underestimate the company's long-term earnings and free cash flow potential driven by AI data center demand, along with pricing power extending into 2027. He also outlined an optimistic scenario with a $4,000 price target. Citigroup maintained its $2,500 price target the same day, cit

According to The Information, the U.S. Depository Trust and Clearing Corporation (DTCC) plans to showcase a blockchain-based real-time stock settlement process this Wednesday. The demonstration will focus on validating the technology's application in clearing, settlement, and record-keeping.

Iran's Supreme Joint Military Command warned regional leaders that any cooperation with the United States would be viewed as an act of war against Iran.

According to Maeil Business Newspaper, South Korea's Financial Supervisory Service Chair convened CEOs of 20 asset management firms on July 13 to address risks from single-stock leveraged ETFs. In public remarks, the chair emphasized the need for immediate action against false and exaggerated advertising, stating that investors rely heavily on asset managers' promotional materials when selecting ETFs. In private discussions, concerns were raised about how single-stock leveraged ETFs may amplify

According to Securitize, the tokenization platform reached $5 billion in real-world asset (RWA) tokenization volume on July 13, claiming to be the first platform to achieve this milestone.

According to Russia's Central Bank, the country recorded a trade surplus of $14.15 billion in May.

According to BlockBeats, on July 13, U.S. President Trump and Iran's top leader advisor issued hardline statements regarding the Strait of Hormuz, with both refusing to yield on the issue. Trump stated the U.S. will become the strait's "guardian" and "guardian angel," claiming America will now seek reimbursement for past costs and future risk compensation. He added the U.S. will control the strait and "likely dominate" it going forward. Trump also disclosed that the two sides held an 11-hour mee

According to BlockBeats, HSK Chain officially launched its third-phase staking activity on July 13. The program features a capped total staking limit and diversified reward models. Participants will earn expected ecosystem incentives based on on-chain rules. Users who participated in previous staking phases will receive additional ecosystem subsidies based on their historical locked-in contributions.

According to Arkham, Morgan Stanley increased its Bitcoin holdings by nearly 1,000 BTC over the past two weeks through its spot Bitcoin ETF MSBT. The firm's total Bitcoin position now stands at 5,761 BTC, valued at over $360 million.

According to Kazakhstan's Oil Ministry, oil production fell 8.4% in the first half of 2026.

According to official files, Qatar has set its August marine crude oil official selling price (OSP) at a $5 per barrel discount to the Oman/Dubai benchmark, while its onshore crude OSP is set at a $4.50 per barrel discount.

According to FalconX, cryptocurrency spot trading volumes fell to $1.6 trillion in Q2 2026, down 25% quarter-over-quarter and 42% year-over-year, marking the lowest level since Q3 2023. Futures trading volume declined to $9 trillion, down 12% quarter-over-quarter and 31% year-over-year. Period open interest (OI) dropped to $53.2 billion by end of Q2, significantly below the October 2025 peak of $122.2 billion. Bitcoin spot ETF outflows reached $4.9 billion in Q2, with year-to-date cumulative out

According to an interview published by Russia Today on July 12, Iranian parliamentary national security and foreign policy committee member Abolfazl Zohrevand stated that Iran is prepared for both war and peace and called on the U.S. to acknowledge its "strategic mistakes." Zohrevand said Iran will demand $1 trillion in compensation from the U.S. across "current and future generations," citing Trump's previous claim that the U.S. inflicted $1 trillion in losses on Iran. He warned that the confli

According to IRNA, Iran stated today it will not be forced to pay transit fees for ships to 'enemy' countries.

According to Bitget market data, SK Hynix shares fell over 10% in U.S. premarket trading on July 13.

According to Guru Club, on July 13, Iran's supreme leader advisor reaffirmed that the Hormuz Strait's strategic position and its security and economic importance are irreplaceable, stating that Iran will not retreat on Hormuz Strait issues.

As of 8:34 PM on July 13, Hang Seng Index futures (HSI) fell 22 points to 24,179, down 0.09% and trading 35 points below spot price. Volume reached 2,207 contracts. The session low was 24,153, down 48 points from today's cash close of 24,201, while the session high reached 24,235. Hang Seng China Enterprises Index futures (HSCEI) traded at 8,050, down 9 points or 0.11%, with a 16-point discount to spot. Volume stood at 2,907 contracts.

According to Bloomberg, on Tuesday, BCA Research chief investment strategist Marko Papic recommended clients short U.S. equities and buy European and Japanese stocks, citing easing Middle East tensions. However, less than 24 hours later, President Donald Trump announced the U.S.-Iran ceasefire had ended, forcing Papic to reverse the recommendation, which resulted in a 1.1% cumulative loss.

According to Bloomberg, the Federal Reserve Bank of New York received no bids in its overnight repo operation on July 13.

According to PR Newswire, Bitmine added 27,801 ETH over the past week, bringing total holdings to 5.77 million ETH as of July 12. With 4.917 million ETH staked, the company's total position is valued at approximately $10.5 billion at ETH's price of $1,820. At the current 2.70% annual staking yield, Bitmine's annual staking rewards are estimated at $242 million, potentially rising to $284 million if all ETH is staked.