Gate Crypto Flash News and Market Updates

According to CNBC, on July 7 (local time), Nvidia (NASDAQ: NVDA) shares rose 0.71% to close at $196.93, bucking a broader selloff in the semiconductor sector. The Philadelphia Semiconductor Index dropped 4.65% on the day, with all index components except Nvidia declining. TSMC and Micron fell about 5%, AMD fell 6.88%, and Intel plunged 10.26%. Meanwhile, options market data from TD Ameritrade's ThinkorSwim platform showed strong bullish positioning in Nvidia, with call options trading volume exc

According to its official statement, EDX Markets closed a $76 million Series C funding round led by SBI Holdings on July 7, 2026. The capital will support expansion of EDX's trading, clearing, and settlement operations, as well as accelerate product development and geographic expansion outside the United States. The funding arrives as EDX pursues a national trust bank charter with the Office of the Comptroller of the Currency (OCC) to establish EDX Trust, which would offer regulated custody, cle

According to Bernstein, Tencent released its Huya 3 formal version yesterday (July 6), just 10 weeks after the preview launch. The model maintains its 295 billion total parameters and 21 billion active parameters, but delivers significant performance improvements: hallucination rate dropped from 12.5% to 5.4%, tool-calling stability improved, and overall reasoning capability now matches GLM-5.1 level. Bernstein maintained its 'Outperform' rating, noting Huya 3 is not a frontier model but provide

According to Asia Economy, on July 3, South Korean biopharmaceutical company Celltrion reported second-quarter earnings that exceeded market expectations. The company posted revenue of 1.3 trillion Korean won and operating profit of 430 billion won, representing year-over-year increases of 35.2% and 77.3%, respectively. Operating margin expanded to the mid-30% range. The company's strong performance was driven by biosimilar products, with new medicines including Omriclone accounting for 58% of s

According to Ukraine's Interior Ministry advisor, Borisoglebsk air base in Russia's Voronezh region caught fire following a drone strike overnight. The Ukrainian military continues operations to degrade Russian military capabilities in the region.

According to Herald Economy, U.S. stock markets declined on July 7 amid escalating Middle East tensions and semiconductor weakness, with Nasdaq falling 1.16% to 25,818.69. The S&P 500 dropped 0.45% to 7,503.85, while the Dow Jones retreated 0.25% to 52,925.15. Geopolitical risk from renewed U.S. airstrikes on Iran and attacks on three vessels in the Strait of Hormuz drove crude oil higher, with WTI August futures rising 2.76% to $70.44 per barrel and Brent crude up 3.01% to $74.16. Chip stocks t

According to Zhitong Finance APP, the Hang Seng Index bull-bear street warrant ratio stands at 52:48 as of July 8. Bear warrants concentrated in the 24,000-24,099 price range, with 734 contracts outstanding and 222 new additions compared to the previous trading day. Bull warrants showed heaviest concentration in the 22,500-22,599 range with 818 contracts (up 49), while the most new bull warrant additions were in the 23,100-23,199 range, totaling 807 contracts with 370 new entries.

According to Zhitong Finance APP, on July 8, Hang Seng Index futures (July contract) closed at 23,499 points, up 25 points or 0.107%, trading at a premium of 2 points.

According to Zhitong Finance, on July 8, the Hang Seng Index ADR rose to 23,599.29 points, up 102.4 points or 0.44%, while the U.S. stock market's three major indices fell. Among major blue-chip stocks, HSBC Holdings traded at 152.763 Hong Kong dollars, down 0.35%, while Tencent Holdings closed at 461.897 Hong Kong dollars, up 0.15%.

iShares Silver Trust, the world's largest silver ETF, increased its holdings by 15.47 tons compared to the previous day, bringing total holdings to 14,915.1 tons.

According to Business Insider, on July 7, Jeremy Grantham, co-founder of GMO, warned that SpaceX's stock price has a 90% probability of collapsing, citing overvalued corporate valuation. In an interview, Grantham expressed strong skepticism toward the company's valuation, AI business plans, and space development roadmap. SpaceX estimated its total addressable market at $28.5 trillion in its IPO filing, projecting that approximately 90% of revenue would come from AI operations. Grantham criticize

According to BMO Chief FX Strategist Mark McCormick, the so-called "Goldilocks" market environment has ended this week, transitioning into a new policy order characterized by rising rates, persistent inflation, and tighter liquidity. McCormick noted in a client report that markets are now driven by policy shifts rather than single events, with favorable conditions for a stronger dollar and yen carry trades. McCormick stated: "The market is no longer in a Goldilocks environment, but entering a po

According to Syria's state news agency and French media, two explosions occurred near Damascus' Tourism Ministry building this morning, killing 1 and wounding 36. The Syrian transitional government's health ministry confirmed the casualties. French media reported that the blast site was located near the hotel where French President Emmanuel Macron is staying during his visit to Syria.

According to the Korean Exchange, SK Securities ordinary shares closed at 2,415 won today (July 7), down approximately 40% from the level before the stock consolidation announcement on March 3 (adjusted price: 3,644 won). The stock had surged to the 6,000-won range during intraday trading in May following the two-for-one stock consolidation implemented in April, but subsequently resumed its decline.

According to Decrypt, Anthropic removed hidden tracking markers from Claude Code in June after developer Thereallo discovered the coding assistant was using undisclosed signals to identify users' location, proxy use, and possible links to Chinese AI labs. The tracking system, embedded in system prompts using Unicode markers and encoded domain lists, was designed to flag users attempting to bypass restrictions or extract model capabilities. Anthropine engineer Thariq Shihipar stated the feature w

According to Shanghai Securities News, as of July 7, over 20 Chinese chemical companies listed on A-shares disclosed first half 2026 profit guidance, with 18 expecting parent company net profit to increase over 100% year-on-year. Hengyi Petrochemical and Oriental Shenghong are among the top performers, with projected net profit surges exceeding 10 times.

According to CME FedWatch, as of July 8, the probability of the Federal Reserve holding interest rates steady at its July meeting is 73.3%. For the September meeting, there is a 32.4% probability of no rate change and a 52.7% probability of a cumulative 25 basis points rate increase.

According to CNBC's Jim Cramer, Samsung's earnings report Tuesday triggered a significant market reversal. Samsung shares fell 7% following the results, with memory chip competitor Micron down 4.7%, as investors questioned demand for hardware components. Rather than abandoning tech, however, money flowed into megacap companies including Amazon, Alphabet, Meta, and Apple—names that had underperformed much of the year. Cramer said the move may signal a shift in AI leadership from hardware supplier

According to Iran's Hormozgan Province government, as of July 8, the region has not received any reports of civilian casualties resulting from a U.S. strike.

According to Asia Economy, South Korea's entertainment, hotel and gaming sectors have declined significantly as of July 6, 2026, falling to historic valuation lows amid concerns over earnings sustainability and liquidity shifts in the broader market. Major entertainment companies including SM Entertainment, HIVE and YG Entertainment posted declines of 30-42% year-to-date, with price-to-earnings ratios falling from historical 20-35x levels to 12-22x. Securities firms view this as a buying opportu