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.
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22:37

Trump Signs Executive Order Restricting Defense Contractors From Chinese Rare Earth on July 20

According to White House officials, President Trump signed an executive order on Monday, July 20, requiring the U.S. Department of Defense to strengthen defense supply chain management and tighten restrictions on contractors purchasing critical minerals and components from China, North Korea, Russia, and Iran. The order requires defense contractors to prove they have sought alternative suppliers, disclose material origins, and submit plans to reduce foreign dependency. The DoD will audit supply
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22:37

Saudi Arabia Condemns Houthi Naval Blockade; Yemen Group Announces Counter-Blockade on July 20

According to Yonhapinfomax citing Saudi Foreign Ministry statement, on July 20, Saudi Arabia condemned Yemen's Houthi militants for declaring a naval blockade against the kingdom, calling it "the strongest language of denunciation." Houthi spokesman Yahya Saree announced that the group would immediately implement a counter-blockade against what he termed "criminal Saudi enemy" based on the "an eye for an eye" principle, in response to Saudi Arabia's continued blockade of Yemen.
22:35

U.S. Tech Giants' Off-Balance Sheet Liabilities Surge to $1.65 Trillion in Four Years

According to a Nikkei report, U.S. tech giants Alphabet, Microsoft, Amazon, Meta, and Oracle saw their off-balance sheet liabilities surge to $1.65 trillion over four years, driven by accelerating artificial intelligence investments. The figure exceeds their reported on-balance sheet debt, complicating investor risk assessments. Meta's off-balance sheet debt reached approximately $420 billion, nearly triple its recorded debt.
22:34

Jim Cramer Recommends Cutting Tech Exposure Over AI Volatility, Favors Nvidia and Intel

According to CNBC, on Monday, Jim Cramer said artificial intelligence stocks have become too unpredictable to aggressively add exposure and recommended reducing technology sector concentration. "For the moment, it's time to go to other sectors. They can make you money, without the volatility," the "Mad Money" host said. Cramer suggested high-quality alternatives including Goldman Sachs, Wells Fargo, FedEx, Honeywell, and Boeing. However, he maintained a bullish stance on semiconductor leaders Nv
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22:31

AMD Stock Surges 1.6% on Monday as Analysts Raise Price Targets and Microsoft Adopts Helios AI Platform

According to Yahoo Finance, AMD stock surged 1.6% on Monday (July 20) following analyst upgrades and Microsoft's announcement of adopting AMD's Helios AI platform for Azure cloud services. Rosenblatt raised its price target from $490 to $655, while UBS increased its target from $670 to $700. Currently, approximately 82.4% of analysts rate AMD as a buy, with the remainder maintaining hold ratings.
22:30

U.S. Dollar Surges on July 20 as Houthis Declare Saudi Naval Blockade; Dollar Index Hits 100.952

According to Yonhapinfomax, the U.S. dollar strengthened on July 20 as Houthi rebels declared an immediate naval blockade on Saudi Arabia, triggering concerns over disruption to oil shipments through the Red Sea. The dollar index (DXY) rose to 100.952, up 0.223 points or 0.221%. The dollar-yen rate climbed to 162.520 yen, while the euro-dollar rate fell to 1.14157. Brent crude for September delivery rose 1.27% to $89.22 per barrel amid the blockade announcement.
22:25

Kuwaiti-Flagged Oil Tanker Attacked Near Strait of Hormuz; Fuel Tank Ablaze on July 20

According to Xinhua News Agency, a Kuwaiti-flagged oil tanker came under attack near the eastern entrance of the Strait of Hormuz on the evening of July 20. The fuel tank caught fire, producing heavy smoke from the damaged area. Two crew members sustained light injuries. The crew reported being unable to cool the fuel tank. Ship personnel have boarded lifeboats in preparation for possible evacuation and are awaiting nearby rescue assistance.
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22:25

Korea's Corporate Governance Reforms Hit One-Year Mark Amid Leverage ETF Market Concerns

According to Asia Economy, one year after South Korea implemented amendments to its Commercial Act aimed at strengthening shareholder rights and improving corporate governance, officials highlighted both progress and ongoing challenges. The legal reforms, which took effect around July 2025, expanded fiduciary duties for board directors and introduced governance improvements to help address the 'Korea Discount'—the valuation gap between Korean companies and global peers. Officials noted that leve
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22:22

Goldman Sachs Warns AI Credit Risk Spreading Beyond Tech as Hedge Funds Exit at Decade High

According to Brian Garrett, senior derivatives trader at Goldman Sachs, credit risks from massive artificial intelligence capital expenditures have begun spreading beyond the technology sector into broader financial markets this week. Garrett noted that ultra-scale data center operators' credit spreads are widening and credit default swap costs are climbing, forcing new debt issuances to offer higher yields to attract buyers. Goldman Sachs' prime brokerage data shows hedge funds have reduced U.S
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22:15

China's Central Bank Signals Wider Monetary Easing Space in Q3 2026

According to Deputy Governor Zou Luan of the People's Bank of China (PBOC), the second half of 2026 will see monetary policy strengthen countercyclical and cross-cyclical adjustments based on domestic and international economic conditions. As government bond issuance accelerates in the third quarter, monetary policy easing space is expected to widen further to support fiscal measures and sustain macroeconomic growth.
22:13

KOSPI Falls Over 25% From High; NH Securities Sees 6,000-Point Floor

According to NH Investment Securities analyst Kim Byung-yeon, South Korea's KOSPI index has fallen more than 25% from its recent high as of July 20. The analyst forecasts a support level at 6,000 points, noting that even when accounting for current negative market sentiment, the index is unlikely to breach that floor.
22:13

S&P 500 Earnings Yield Falls Below 30-Year Treasury, Stock Risk Premium Turns Negative

According to Barron's on Monday (July 20), the S&P 500's earnings yield fell to 4.95%, dropping below the 30-year U.S. Treasury yield of 5.07%, pushing the stock risk premium into negative territory at -0.12 percentage points on Friday. This marks the lowest risk premium since July 2007, occurring in less than 6.4% of trading days over that period. The 30-year Treasury real yield climbed to 2.91% as of Thursday, the highest since 2008, according to economists at Rosenberg Research, the stock ris
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22:13

Big Tech Earnings Reports, CAPEX Guidance to Shape Global Semiconductor Stocks This Week

According to Hana Securities, earnings reports from Alphabet, Microsoft, Meta, and Amazon starting July 23 will significantly influence semiconductor stocks globally and local Korean semiconductor shares in particular. The four tech giants are projected to spend a combined $900 billion on capital expenditures in 2026, up from $725 billion this year, with Q2 CAPEX growth year-over-year estimated at 83 percent. Historically, when Alphabet exceeded earnings estimates, Samsung Electronics and SK Hyn
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22:12

Bitcoin ETFs Attract $75.67M Weekly Inflows as Ether Leads With $105.44M

According to Bitcoin.com News, from July 13 to July 17, U.S. spot Bitcoin ETFs recorded $75.67 million in net inflows for the week, recovering from a $425 million outflow on Monday, while Ether ETFs led all categories with $105.44 million. Blackrock's IBIT drove Bitcoin flows with $204.1 million in new capital, while Fidelity's FBTC saw $181.1 million in withdrawals. Friday saw the strongest single-day finish with $132.30 million in Bitcoin ETF inflows, concentrated almost entirely in IBIT's $13
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22:12

Capital B Announces 10-for-1 Reverse Stock Split for September 8 Effective Date

Capital B SA announced a 10-for-1 reverse stock split set to take effect on September 8, according to a regulatory filing. The consolidation will reduce outstanding shares from 300,650,632 to 30,065,063, with each new share carrying a par value of €0.80, up from €0.08. The implied post-split share price is approximately €4.80, up from the current ~€0.48, assuming the company's market value holds. The reverse split aims to support institutional development by meeting exchange minimum-price requir
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