Gate Crypto Flash News and Market Updates

According to Jin10 data, as of the end of June, pilot regions under China's self-review and self-issuance program released 16 trillion yuan in new special bonds, accounting for roughly 70% of the nation's total issuance, said Zhao Zeyong, deputy director of the Ministry of Finance's debt management division.

According to China's Ministry of Foreign Affairs on July 22, spokesperson Lin Jian stated that recent missile tests were routine military exercises by the Chinese military, not targeting any specific country or objective. The ministry noted that relevant countries, including Australia, were notified in advance and the tests comply with international law and international practice.

According to Bank of America, UBS, Morgan Stanley, and JPMorgan, memory stocks staged a collective rally on July 21, with the Roundhill Memory ETF (DRAM-US) gaining 10.91% and individual names including SanDisk surging 14.27%, SK Hynix climbing 13.75%, and Micron rising 12.17%. Multiple Wall Street analysts dismissed concerns that China's Kimi K3 AI model weakens semiconductor demand, arguing instead that competitive open-source model deployments drive higher requirements for high-performance me

According to Guru Club, on July 22, the Bank of Japan signaled willingness to accelerate rate hikes beyond the current pace of once every six months.

Recently, Bank of Japan officials expressed concern that the weakness in the yen poses an upside risk to inflation, according to reports.

According to China's Foreign Ministry spokesperson Lin Jian, China submitted its position paper on global network governance in the digital age to the UN Global Cybersecurity Standing Mechanism inaugural session this week (July 22).

According to OpenAI, the company launched a ChatGPT program for small businesses, offering virtual training webinars, in-person AI academies across the US, and getting-started guides. The program integrates with Dropbox, Shopify, Intuit, Slack, Atlassian, and Wix, and makes ChatGPT Work and GPT-5.6 available to small businesses. ChatGPT Work can handle multi-step tasks and connect with business files and applications.

According to Odaily, Gate released its second-quarter 2026 report, showing continued progress in global compliance. Gate US now holds money transmitter licenses (MTL) in 36 U.S. states and operates across 47 jurisdictions nationwide. Gate Europe has obtained MiCA and payment institution licenses; Gate Japan operates under Financial Services Agency (FSA) supervision; Gate Dubai secured a Virtual Assets Regulatory Authority (VARA) license; and Gate completed Australian AUSTRAC registration. The pl

According to Odaily, CardBox has announced a strategic partnership with international grading brand CGC, focusing on proxy submission services. The platform currently processes over 10,000 trading cards monthly for grading, with business primarily covering Japan and South Korea. CardBox, a trading card RWA infrastructure platform, aims to verify, custody, and digitally map physical collectibles while enhancing global circulation efficiency. The platform has over 20,000 registered users on BNB Ch

According to Yonhapinfomax, KB Kookmin Bank appointed Jung Yun-kyung, a professor at Sungkyunkwan University specializing in artificial intelligence, as an independent director candidate on July 22. Jung, who holds a Ph.D. in computer science from North Carolina State University, replaces Moon Su-bok, a previous independent director who resigned due to personal reasons. The bank's board selection committee emphasized that Jung's expertise in AI, data analysis, and cybersecurity aligns with the b

According to CNBC and research firm Statista, OSL Group (HKEX: 863), a stablecoin payments and trading platform, was included in the World's Top Fintech Companies 2026 on July 22. This marks the second consecutive year OSL has been selected, following its first inclusion in 2025. OSL is the only stablecoin payment and trading platform from Hong Kong to appear on the list.

According to Jin10, European stocks opened lower on July 22 as technology-related weakness dragged indices down. The Stoxx 600 index fell 0.3%, while the UK FTSE 100 declined 0.1% and France's CAC 40 dropped 0.1%. Luxury stocks weighed on markets, with LVMH down 1.1%, though Airbus climbed 5.1% on improved profit outlook, supporting Germany's DAX index which fell 0.1%. The Netherlands' AEX slid 0.8%, led by ASML's 2.25% decline. Spain's IBEX 35 dropped 0.3%, and Italy's FTSE MIB fell 0.2%.

According to FnGuide, on July 22, the gap between brokerage price targets and actual stock prices for South Korea's top 20 companies by market cap widened to an average of 64.33%, meaning analyst price targets exceed current valuations by nearly two-thirds. This represents a 2.5-fold increase from 25.04% at the end of 2025. Samsung Electronics showed a 98.44% gap between its target price of 513,958 won and current price of 259,000 won, while SK Hynix posted a 93.24% gap. Doosan Enerbility record

On July 21, S&P upgraded its credit outlook for Samsung Electronics from Stable to Positive, citing expanding artificial intelligence investments driving a semiconductor memory supercycle. The credit rating agency expects improved competitiveness in high-bandwidth memory (HBM) and foundry services to enable Samsung to record record earnings over the next two years.

According to Indonesia's central bank governor, loans grew 12.67% year-over-year in June. The central bank forecasts loan growth to remain within the 8-12% range for 2026.

Indonesia's central bank governor stated that the bank will coordinate policy measures to maintain the inflation rate within the target range of 1.5%-3.5% in 2026 and 2027.

According to Yonhap Infomax, on July 22 (Tokyo time), the USD/JPY exchange rate touched 163.161 yen at 2:07 PM, approaching its highest level in approximately 39 years and 7 months since December 1986. The New York foreign exchange market earlier saw USD/JPY reach 163.24 yen. Dollar buying pressure stemmed from escalating U.S.-Iran tensions and rising oil prices. WTI crude futures climbed to $85 per barrel in Asian trading following Houthi threats to Red Sea shipping. President Donald Trump reje

According to Jin10 data, on July 22, China's gold jewelry prices rose approximately 28 yuan per gram compared to the previous day, with most quotes ranging between 1,245-1,250 yuan per gram.

According to Treasury Secretary Scott Bessent, Bitcoin rose about 2% on Tuesday (July 22) to trade above $66,800, as lawmakers pressed toward passage of the CLARITY Act before Congress's August recess. Coinbase shares closed up 9.6% at $175.85. Bessent said Congress was at the "1-yard line" on the Digital Asset Market Clarity Act, which would split oversight of cryptocurrencies between the Securities and Exchange Commission and the Commodity Futures Trading Commission, designating Bitcoin and Et

According to Foresight News, privacy protocol project PLabs announced the launch of pERC20, a new privacy token standard on EVM built on Zcash Orchard protocol. The native token P20 operates under this standard, with balances and transfer details hidden on-chain. P20 serves three functions: ecosystem liquidity provision, fee settlement, and governance. ERC20 assets can enter the system via Shield mechanism and interoperate with P20, though P20 does not currently support Unshield conversion back