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
09:47

Swiss Crypto Usage Reaches 23%, Double Germany Rate, Per Bearingpoint June Survey

According to Bitcoin.com, a Bearingpoint survey conducted by YouGov in June 2026 found that 23% of Swiss adults use cryptocurrency at least occasionally, double the rate in Germany (11%) and higher than Austria (18%). The survey included over 4,000 adults across the three countries. Switzerland's lead is attributed to its 2021 Distributed Ledger Technology (DLT) Act, which established a clear legal framework for crypto assets and contributed to the expansion of the "Crypto Valley" ecosystem to 1
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09:45

ByteDance Engineer Releases LoopX for Long-Running Agents: 220+ Hour Task Traces Without Memory Loss

According to Beating Monitor, Rui-teng Huang, a ByteDance senior machine learning engineer and core contributor to OpenViking, recently released LoopX, a control system designed for long-duration AI agents. The system enables agents like Codex and Claude Code to maintain task continuity across multiple days and interruptions, recovering original objectives and accumulated evidence after context switches. LoopX has demonstrated two real-world task traces spanning 220.7 and 272.9 hours, surviving
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09:43

Micron Falls in Premarket After 29% July Plunge; Analysts See 85% Upside on AI Demand

Micron stock dropped 1.9% in premarket trading on Monday, extending weakness after a brutal July. The chipmaker shed 29% last month, its worst monthly performance since June 2005, despite a brief 18.4% rally on July 30 that failed to sustain momentum. Market turbulence from South Korea's KOSPI index, which fell 5.2% after a record rally, pressured memory stocks globally. Among Morningstar analysts, sentiment remained constructive: the firm raised its price target to $850 from $455, citing "signi
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09:43

Foreign Investors Net Sold 103 Trillion Won on Korean Stock Exchange from May to July

According to Korea Exchange data released on August 3, foreign investors net sold 103.23 trillion won on the securities market from May to July, while domestic retail investors purchased 82.86 trillion won and institutions bought 18.33 trillion won during the same period. Retail investors, who led the market's first-half rally with strong buying, reversed course in late July by net selling 5.39 trillion won in the final five trading days of the month. On August 3 alone, the Kospi declined 5.12%
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09:39

LG Energy Solution Files Section 337 Patent Complaint Against Cylindrical Battery Imports on July 21

On July 21, LG Energy Solution Ltd. and LG Energy Solution Arizona, Inc. filed a request with the U.S. International Trade Commission for a Section 337 investigation, alleging that certain secondary cylindrical batteries, battery components, and products containing these components imported or sold in the U.S. infringe their patent rights. The companies requested issuance of a limited exclusion order and a general prohibition order. Three Chinese enterprises are reportedly involved in the case,
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09:37

AI Actress Fang Taozi Amasses 400K Followers in 30 Days, Charges Up to $258K Per Ad—Outpacing Million-Follower Influencers

According to Guru Club, an AI-generated actress named Fang Taozi accumulated 400,000 followers in just 30 days after her debut in an AI-produced drama series. The character has already begun accepting brand partnerships, with advertising rates of 168,000 yuan for 1-20 second videos, 208,000 yuan for 21-60 second videos, and 258,000 yuan for videos exceeding 60 seconds. These rates exceed those of most million-follower influencers and surpass pricing from numerous creators with tens of millions o
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09:32

CySEC Classifies Perpetual Futures as CFDs Under Spain's Rules; 2:1 Leverage Cap on Crypto Applies June 10

According to CySEC Circular C785 issued on June 10, perpetual futures and spot-quoted futures are classified as contracts for difference (CFDs) under Spain's regulations. The Spanish financial regulator CNMV maintains this classification applies to Cyprus-regulated brokers serving Spanish retail clients, regardless of whether they operate a local branch. Under Spain's CFD restrictions, perpetual futures now face leverage caps of 30:1 for major currency pairs, 20:1 for gold and major indices, 10:
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09:32

Samsung Electronics Foreign Ownership Falls to 46.7% on August 3, Lowest Since 2009 Financial Crisis

According to Financial News, Samsung Electronics' foreign ownership share fell to 46.7% as of August 3, marking the lowest level since the 2009 financial crisis. Foreign investors sold approximately 900 billion won of Samsung stock on August 3 alone, with total net outflows reaching 3.4 trillion won over the past month. In MSCI Emerging Markets Index, Samsung's weighting dropped to 6%, less than half of Taiwan Semiconductor Manufacturing Company (TSMC) at 15%, reflecting significantly reduced in
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09:31

KOSDAQ ETFs Post Losses as Index Plunges 21.4% in July

According to the Korea Exchange on August 3, all 24 KOSDAQ-linked ETFs (excluding leveraged and inverse products) posted negative returns in July, with the benchmark KOSDAQ index dropping 21.44% during the month. Passive ETFs tracking KOSDAQ150, such as KODEX KOSDAQ150 and TIGER KOSDAQ150, fell around 27%, while active ETFs suffered steeper losses—TIGER KOSDAQ Active (-33.87%), MIDAS KOSDAQ Active (-35.17%), PLUS KOSDAQ150 Active (-35.23%), and TIME KOSDAQ Active (-36.08%). Active funds concentr
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09:30

Gate Prediction Market Hits Second Place Nationwide; Hwaseung Life Leads LCK 2026 Championship Predictions with 33%

According to Odaily, yesterday Gate's prediction market trading volume ranked second nationwide amid heightened interest in League of Korea Championship predictions. Hwaseung Life Esports currently leads with approximately 33% support to win the 2026 LCK title, followed by Gen.G and T1, each holding around 20% backing. As the first centralized trading platform integrating Polymarket, Gate has become a key entry point for users engaging in prediction markets.
09:30

USD-KRW Hits 1,429.80 Won on August 3 as U.S. and Japan Ramp Up Intervention

According to Yonhap Infomax, the USD-KRW exchange rate hit 1,429.80 won on August 3 at 3:30 PM local time, up 5.80 won from the previous close. U.S. Treasury Secretary Scott Bessent and Japan's Ministry of Finance announced joint yen-buying intervention on July 31 to counter excessive volatility. Bessent stated the U.S. "will not hesitate" on further coordinated action with Japan, supporting Tokyo's currency policy measures. Japan's July manufacturing PMI reached 54.5, marking seven consecutive
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09:27

Index Ventures Closes $2 Billion Fund Round, Bringing AUM to $3.5 Billion

According to Sifted, Index Ventures closed a $2 billion fund round recently, bringing the European venture capital firm's total assets under management to $3.5 billion. The new capital comprises a $400 million seed fund, a $900 million early-stage fund, and a $700 million addition to its growth fund, expanding the latter from $1.5 billion to $2.2 billion. The firm plans to deploy capital across Europe, Israel, and the U.S., with artificial intelligence as a core investment thesis. Index has alre
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09:26

GaoLi Technology Forecasts Mid-Year Profit Surge to 130-140M Yuan, Up 11-12 Times YoY

GaoLi Technology (stock code: 06036) issued a profit forecast on August 3, projecting mid-year profit attributable to shareholders of 130-140 million yuan for the period ending June 30, 2026, representing an increase of approximately 11.15 to 12.08 times compared to the same period last year. The company reported mid-period profit attributable to shareholders of 10.73 million yuan in 2025, with basic earnings per share of 1.01 sen. The company attributed the improved profitability mainly to incr
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