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
05:07

ASML Beats Q2 Expectations with €9.33B Sales, Raises Full-Year Guidance to €430-450B

ASML reported second-quarter net sales of €9.33 billion, surpassing market expectations of €8.85 billion. The company raised its full-year net sales guidance to €430–450 billion from a previous range of €360–400 billion. The chipmaking equipment manufacturer plans to increase its 2026 low-NA EUV production capacity by approximately 30% in 2027, with further expansion of 30% under review for 2028.
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05:04

Buffett Pledges to Divest $140 Billion in Berkshire Hathaway Shares by 2034

Warren Buffett pledged on Tuesday, July 14, to divest his entire holding of approximately $140 billion in Berkshire Hathaway (BRK.B) shares by 2034. The 96-year-old billionaire announced plans to distribute 12 million B-shares to family-controlled charitable foundations, including 9 million shares to the Susan Thompson Buffett Foundation and 1 million shares each to foundations led by his three children. Buffett stated that Berkshire Hathaway stock represents approximately 99.5% of his net worth
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05:02

Ark Invest Buys $21.3M of SpaceX Stock on July 13 Across Multiple ETFs

According to Yonhap News Agency, Ark Invest, the asset manager led by Cathay Wood, purchased approximately $21.3 million worth of SpaceX stock on July 13, marking continued accumulation of the aerospace company's shares. The purchases were made across multiple Ark ETFs: ARK Innovation ETF acquired 88,957 shares, ARK Autonomous Technology and Robotics ETF added 32,556 shares, ARK Space and Defense Innovation ETF bought 8,728 shares, and ARK Next Generation Internet ETF purchased 23,008 shares, ba
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05:01

Samsung Securities Cuts Kakao Target Price to 44,000 Won on Weak AI Execution

According to Samsung Securities on July 15, the brokerage cut its target price for Kakao to 44,000 won (US$29) from 60,000 won (US$40), citing weak AI execution, slowing core businesses, and labor unrest. The firm still expects Kakao's second-quarter operating profit to rise 18% year-on-year to 231.1 billion won (US$155 million), but noted that gains were driven mainly by cost controls rather than stronger underlying businesses. Analysts said Kakao's AI agent strategy—including its ChatGPT partn
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04:57

South Korea's President Orders Aggressive Cleanup of KOSDAQ Underperforming Companies on July 15

According to President Lee Jae-myung's report to the Financial Services Commission on July 15, South Korea needs to aggressively eliminate underperforming companies from the KOSDAQ market and create opportunities for innovative enterprises. The president emphasized that strengthening the capital market, particularly the stock market, requires swift implementation of reforms addressing issues such as duplicate listings and undervalued companies, despite potential market resistance.
04:57

Iran Strikes U.S. Military Facilities in Bahrain, Jordan on July 15

Iran's Islamic Revolutionary Guard Corps (IRGC) struck U.S. military facilities across the Middle East on July 15, according to multiple statements released via social media. The IRGC targeted the U.S. Fifth Fleet headquarters in Bahrain, destroying command control centers, fuel storage, and ammunition warehouses. Additional strikes hit the U.S. Air Force base in Azraq, Jordan, destroying hangars containing F-15, F-16, and F-35 fighter jets, as well as several MQ-9 drones. U.S. military sites in
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04:53

Aave Adopts Chainlink CCIP as Cross-Chain Infrastructure Standard

According to ChainCatcher, Aave has selected Chainlink CCIP as its cross-chain infrastructure standard. CCIP is already handling cross-chain GHO transfers and multi-chain governance execution through Aave's a.DI infrastructure. The protocol will further integrate CCIP into Aave's Stable Vaults to support cross-chain operations including vault rebalancing, yield optimization, and token transfers across Ethereum, Base, and Arbitrum.
04:49

SK Hynix Rallies 12.49% Today as Negative Funding Rates Suggest Heavy Short Positioning

According to BlockBeats, SK Hynix surged 12.49% today (July 15), leading a significant recovery in the Korean stock market. However, trade.xyz data indicates investors may be actively shorting the stock, with the Korean-listed shares showing an annualized funding rate of -55.37%. Over the past 24 hours, SK Hynix generated $1.36 billion in trading volume with $492 million in open interest. Hynix's U.S.-listed ADR shares displayed an even more negative annualized funding rate of -63%, alongside $4
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04:49

Iran's IRGC Claims Destruction of 5 U.S. Military Sites in Kuwait

According to Iran's Islamic Revolutionary Guard Corps (IRGC), the military body claimed today to have destroyed multiple U.S. military facilities in Kuwait, including a satellite communications center, missile and air defense radar systems, Patriot air defense systems, base logistics facilities, and HIMARS missile launchers.
04:46

SEC Proposes Rescinding Climate-Related Disclosure Rules Under Atkins

According to an SEC press release, the Securities and Exchange Commission proposed rescinding climate-related disclosure rules, with Chairman Paul Atkins framing the move around statutory authority and materiality concerns. The proposal signals a potential shift toward a narrower approach to disclosure mandates that crypto firms and market participants are expected to monitor closely for implications regarding regulatory scope and compliance requirements.
04:43

Indian Startup Vimag Labs Files Patent for Rare-Earth-Free Electric Motor Technology on July 15

According to Newtalk, Indian startup Vimag Labs announced today the successful patent filing for a rare-earth-free electric motor platform. The technology eliminates the need for permanent magnets traditionally used in EV motors, instead relying on software-controlled magnetic fields to drive the motor. This development addresses a critical supply-chain vulnerability, as China currently controls approximately 94% of global rare-earth magnet supplies. Prototypes of the technology are performing w
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04:41

CleanSpark Signs 20-Year Infrastructure Lease Worth Up to $11.6 Billion

According to Foresight News, data center developer CleanSpark (CLSK) has signed a 20-year infrastructure lease agreement with an investment-grade technology company at its Sandersville, Georgia facility. The triple-net lease is expected to generate approximately $6.6 billion in contract revenue during the initial term, with a maximum total value of $11.6 billion if two 5-year renewal options are exercised. The agreement covers 175 megawatts of critical IT load, with deliveries expected to begin
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04:41

Korean Investment Securities Says Single-Stock Leverage ETFs Amplify Volatility but Not Main Cause of Recent Market Decline

According to Korean Investment Securities analyst Lim Dong-chan on July 15, single-stock leverage ETFs have amplified domestic market volatility but are not the direct cause of recent sharp declines. Global semiconductor sector volatility emerged first, with leverage ETF rebalancing trades amplifying movements further in afternoon sessions. The analyst attributed the primary driver to broader global semiconductor volatility rather than leverage products alone.
04:34

KeyBanc Downgrades Apple to Underweight, Sets $250 Target Price on 21% Downside on July 14

According to Barron's, KeyBanc downgraded Apple (AAPL-US) stock on July 14, cutting its rating from Sector Weight (Hold) to Underweight and setting a $250 price target, implying a potential 21% decline from Monday's closing price of $314.86. Analyst Brandon Nispel cited three main concerns: weak iPhone sales, underperformance in Mac and iPad, and slowing hardware demand potentially pressuring services revenue from iCloud and Apple Music. Nispel warned that as Apple's growth momentum weakens foll
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