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
06:11

China Pharma Holdings Falls 35.88% Since April 17, Now Trading at PE of 4.3x

According to Zhitong Finance, China Pharma Holdings (00013) stock declined 35.88% since April 17, 2026, hitting a low of 15.57 HKD on June 22, significantly outpacing the 27.65% drop in the Hang Seng Healthcare Index over the same period. The plunge reflects broader portfolio rebalancing as funds rotated toward artificial intelligence sectors, compounded by short-selling pressure that surged from 9.27% to 25.92% in mid-April. Current valuation presents a contrasting picture: the company trades a
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06:08

Cybersecurity Stocks Rally on IBM Warning; CrowdStrike Leads With 12% Gain, Surges 47% in Retail Investor Poll

Cybersecurity stocks surged on Tuesday following a warning from International Business Machines Corp. (IBM) that enterprise spending priorities are shifting toward cybersecurity. According to Stocktwits, CrowdStrike Holdings Inc. (CRWD) led the climb with a 12% gain at close, while Zscaler Inc. (ZS) rose more than 7%, Palo Alto Networks Inc. (PANW) also gained nearly 7%, and Cloudflare Inc. (NET) added more than 4.5%. IBM stock fell over 25% following CEO Arvind Krishna's comments and preliminar
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06:03

WORLDCUP Tops Smart Money Net Inflows With $3,000 in 24 Hours

According to GMGN data, WORLDCUP led the smart money net inflows rankings in the past 24 hours with $3,000 inflow, though the token declined 17.6% during the period and traded at $0.0013. Other top performers included rollie with $2,000 inflow (up 1,669.9%), csdncijsnd with $1,000 inflow (up 1,093.1%), freg with $935 inflow (up 671.1%), and COMPUTE with $745 inflow (up 1,025.9%).
06:02

Hong Kong Hang Seng Index Rises 392 Points, or 1.61%, on Better-Than-Expected GDP Data

Hong Kong's Hang Seng Index rose 392 points, or 1.61%, to 24,733 points as of 1:47 p.m. on July 15, after mainland China released better-than-expected first-half GDP growth of 4.7%. The National Index gained 1.36% to 8,212 points, while the Tech Index climbed 1.58% to 4,753 points. Tech stocks rallied broadly, with Meituan up 5.8%, Tencent up 3.6%, and Alibaba up 2.6%. Chip stocks pulled back, with SMIC declining 2.2% to 76.65 Hong Kong dollars, the weakest blue-chip performer.
06:01

Binance, Bitget, Bybit Top RootData Stock Futures Liquidity Ranking

According to RootData's stock futures exchange ranking data released as of July 15, Binance, Bitget, and Bybit rank as the top three CEX platforms by liquidity at the ±2% spread level. The rankings are determined by multiple metrics including trading volume, open interest, bid-ask spread, market depth, trading cost, and data availability.
06:01

IBM Plunges 26% on Q2 Miss, Goldman Warns of Software Bear Market as AI Capex Shifts

According to Wall Street Insights, IBM (IBM-US) issued a surprise Q2 earnings warning on Tuesday, July 14, with shares plummeting 26% intraday—the largest single-day drop on record since 1968. The company reported Q2 revenue of $17.2 billion, missing analyst expectations of $17.9 billion, and non-GAAP EPS of $2.93 against expected $3.02. CEO Arvind Krishna attributed the miss to a "sudden shift" in customer capital spending priorities, with enterprises redirecting budgets toward server and memor
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06:01

Hyperliquid Lists Changxin Technology Perpetual Futures at $7.2 on July 15 Ahead of A-Share IPO

According to Guru Club, Hyperliquid listed perpetual futures contracts for Changxin Technology at $7.2 per share (approximately 52 yuan) on July 15, the eve of the semiconductor company's IPO debut on Shanghai's STAR Market. The on-chain pricing implies a total market valuation of roughly 3.5 trillion yuan, approximately six times the IPO offering value of 579 billion yuan at 8.66 yuan per share. Trading activity remained modest, with 1.32 million dollars in volume and 2.41 million dollars in op
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06:01

DeepSeek Eyes Shanghai IPO in 2027 Amid $5B Funding Rounds, ARR Nears $500M

According to The Information, DeepSeek's annual recurring revenue has reached nearly $500 million, with the AI startup securing $7.4 billion in funding to date. The company is structuring a second funding round to attract capital from Middle Eastern investors denominated in U.S. dollars. DeepSeek has also engaged investment banks to prepare for a listing on Shanghai's STAR Market (科创板), with an IPO target set for 2027. The company maintains gross margins exceeding 50% through V4 model access sal
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05:55

Qualcomm Stock Falls 3% on Tuesday as Short Seller Flags Fake Anthropic Partnership Hidden in Website Code

According to Hunterbrook Media, Qualcomm (QCOM) stock declined 3% on Tuesday, logging its third consecutive session of losses, after the short seller discovered hidden HTML on the company's website describing an apparent partnership with AI startup Anthropic. Hunterbrook said sources close to both companies confirmed there was no deal, and the code appeared to be a website error. Qualcomm removed the material after being contacted for comment. Hunterbrook and research firm Citrini had initially
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05:53

Barclays Sets SK Hynix ADR Price Target at $330, Implying 117% Upside

According to Barclays, on July 14, analyst Simon Coals set a price target of $330 for SK Hynix's U.S. depositary receipt (ADR), implying potential gains of 117% from current levels. The analyst cited expectations of a multi-year memory semiconductor supply shortage driving the optimistic outlook.
05:53

Robinhood Chain's INDEX Token Surges to $16.02M Market Cap, Doubles in 1 Hour

According to GMGN market data, the market capitalization of Robinhood Chain's native token INDEX surged to $16.02 million on July 15, doubling within the past hour. The rally was likely triggered by a recent statement from Robinhood CEO Vlad Tenev, who encouraged developers to embed stock tokenization and real-world assets (RWA) into their applications.
05:53

Samsung Electronics Stock Falls 30% from Peak, KB Securities Maintains Buy Rating on July 15

According to KB Securities, Samsung Electronics' stock fell approximately 30% from recent highs on July 15, driven by concerns over slowing artificial intelligence investment spending. However, the brokerage stated that the company's core fundamentals remain unchanged, presenting a medium to long-term buying opportunity for investors despite the recent price volatility.
05:53

EcoPro BM's 1.2 Trillion Won Equity Offering Halted After FSC Requests Disclosure Amendments on July 15

According to the Financial Supervisory Service, South Korean battery materials company EcoPro BM's 1.2 trillion won equity offering was halted on July 15 after regulators requested supplementary amendments to its securities registration statement. The FSC's action marks a suspension of the company's capital raising process as financial authorities intensify oversight of large-scale equity offerings.