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
23:42

Kalshi Prices Platner's Maine Senate Exit at 82% Following Sexual Assault Allegation

On Monday (July 6), traders on Kalshi repriced the odds of Maine Democratic Senate candidate Graham Platner exiting the race before July 14 to an all-time high of 82%, up from single digits earlier in the day, following sexual assault allegations reported by Politico. Kalshi contracts extending to late July price his exit even higher—around 97% by July 31—reflecting near-certainty that his candidacy will not survive the month. Polymarket's Maine Senate election market swung sharply on the news,
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23:40

Nasdaq-100 Up 18% in 2026; Kalshi Traders Predict Year-End Close Above 30,000

According to traders on Kalshi prediction platform, Nasdaq-100 has gained approximately 18% in 2026, but faces limited upside for the remainder of the year. Traders are wagering on whether the index will close within specific price ranges by December 31, 2026, with contract settlements based on Google Finance data. The contracts allow speculators to bet "yes" or "no" on whether the index reaches designated year-end levels.
23:37

DeepSeek Developing In-House Inference Chip to Reduce Nvidia Reliance

According to Reuters, DeepSeek is developing its own inference chip to reduce its reliance on Nvidia and Huawei chips, with the effort starting about a year ago and currently in early stages. The company is discussing partnerships with chip design, foundry, and memory firms while quietly hiring chip-design engineers.
23:34

Samsung Begins Mass Production of PM1763 SSD for Nvidia Vera Rubin Platform

Samsung Electronics has begun mass production of its PM1763 data center solid-state drive, designed for Nvidia's upcoming Vera Rubin platform. The enterprise-grade SSD, unveiled at Nvidia GTC earlier this year, features the company's latest V-NAND flash memory and a newly developed 4-nanometer controller, offering read and write speeds more than twice faster than its predecessor. The drive includes a liquid cooling system to maintain high performance during AI training and inference operations.
23:32

Samsung Electronics Q2 Earnings Hit Record, Yet Stock Plunges Amid Unmet Expectations

According to a Yuanta Securities analyst report on July 8, Samsung Electronics' second-quarter operating profit hit a record 89.4 trillion won, yet the stock plunged as the market's heightened expectations were not fully met. The analyst noted that the earnings shock was not the core issue; rather, market expectations had risen, and the concentration of semiconductor holdings in South Korea's market was excessive. Valuations had fallen to financial crisis levels, with the KOSPI's forward price-t
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23:31

China and EU Hold First Trade and Investment Consultations Meeting, Issue Joint Statement on Partnership

According to People's Daily, China and the EU held the first meeting of the Trade and Investment Consultations Mechanism recently in Brussels and issued a joint statement, repositioning their economic relationship as a "stable and balanced key trading partner." Both sides agreed to deepen cooperation and resolve trade concerns through institutional dialogue. China stated it remains willing to engage in dialogue to address differences while defending its legitimate trade and industrial interests.
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23:31

Amazon Plans $25B Bond Sale via Eight-Part Offering for AI Expansion

According to an SEC filing on July 7, Amazon plans to raise at least $25 billion through an eight-part US bond sale to support AI infrastructure investment. The proceeds will be allocated to general corporate purposes, including capital spending and debt repayment. The fundraising comes as Amazon has guided for approximately $200 billion in 2026 capital spending, with most funds directed to Amazon Web Services capacity and generative AI infrastructure. Amazon's long-term debt stood at $119.1 bil
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23:31

Meta Rolls Out Muse Image AI Model on July 7, Expands to Instagram and WhatsApp

According to Meta, Muse Image AI text-to-image model rolled out on July 7 in Meta AI chatbot, with plans to expand to Instagram and WhatsApp over time. Users can create and edit images via text prompts, while advertisers will gain access later for marketing materials. The model can generate images featuring friends or creators based on public Instagram posts; Instagram users can opt out in settings. Muse Image outputs carry invisible watermarks and safeguards to prevent violations including chil
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23:25

Perplexity Plans to Use Nvidia Vera CPUs, Which Process AI Tasks 1.5x Faster

According to Reuters, Perplexity announced on July 7 that it plans to deploy Nvidia's new Vera central processing units for its operations. Nate Kupp, Perplexity's vice president for computer enterprise and infrastructure, stated that Vera handles AI agent coding tasks approximately 1.5 times faster than traditional CPUs.
23:21

U.S. Military Ignored Outdated Intelligence Warnings, Approves Airstrike on Iranian Girls' School Killing Nearly 200 on February 28

According to CNN citing three officials familiar with the decision-making process, U.S. military commanders ignored warnings on February 28 that intelligence data about Iranian targets was severely outdated and approved multiple strikes including an airstrike on an Iranian girls' elementary school. The strike killed approximately 200 children and adults. The officials stated that senior commanders disregarded the alerts despite system prompts indicating the intelligence needed review, citing ope
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23:16

South Korea's 10-Year Bond Futures Fall 28 Basis Points Overnight as Middle East Tensions Rise

According to Yonhap Infomax, South Korea's government bond futures declined overnight on July 8 amid escalating geopolitical tensions in the Strait of Hormuz. The 10-year contract fell 28 basis points to close at 105.92, while the 3-year contract dropped 8 basis points to 103.02. Tanker attacks in the Strait of Hormuz intensified the move—the UK Maritime Trade Operations (UKMTO) reported that a crude tanker was struck three times within 24 hours. The U.S. Treasury Department's Office of Foreign
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23:13

KOSPI Hits All-Time High, Then Faces Sharp Correction as Volatility Dominates

According to E-Daily, South Korea's KOSPI index hit an all-time high before experiencing a sharp pullback recently, prompting market debate over whether the peak has passed. Securities analysts, however, interpret the recent decline not as a confirmed end of the uptrend but as a price discovery phase driven by concentration in large-cap semiconductor stocks and heightened market volatility. Market participants remain focused on upcoming earnings from U.S. hyperscale tech companies and AI capital
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23:13

South Korea's National Pension Service Sees Stock Holdings Surge Nearly 200 Trillion Won in Q2

According to FnGuide, South Korea's National Pension Service (NPS), the country's largest domestic stock investor, saw its stock holdings surge nearly 200 trillion won during the second quarter of 2026, with the majority of gains driven by a surge in the KOSPI index. The quarterly gain is estimated to be the largest on record, surpassing Q1 increases by over 100 trillion won. Samsung Electronics and SK Hynix contributed approximately 151 trillion won to the gains.
23:13

Three KOSDAQ-Listed Firms Resolve Delisting Risk With 5 Billion Won Capital Raise on July 7

According to Chosun Biz, three KOSDAQ-listed companies—Telcon RF Pharma, KPM Tech, and NewOne—on July 7 initiated a series of capital raises funded by 5 billion won from their controlling shareholder to address delisting risks and unwind their circular shareholding structure. The controlling owner's personal capital injection is being deployed across sequential capital raises by the three firms, allowing the group to minimize cash outflows while resolving regulatory concerns tied to their interc
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