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
22:37

Samsung's Lee Jae-yong Calls for Next Generation to Dream Bigger in AI Era at San Francisco Summit

According to Yonhap News, on July 25, Samsung Electronics Chairman Lee Jae-yong referenced South Korean President Lee Jae-myung's autobiography during the San Francisco AI Summit, calling for the next generation to dream bigger dreams in the AI era. Lee cited a story from the president's memoir about a young boy in a rural area who was inspired by watching a helicopter land on his school playground 50 years ago. The Samsung chairman pledged that the company would make every effort to enable the
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22:31

Intel Posts Earnings Beat With 59% Server CPU Growth, Strongest in 15 Years; Wall Street Split on Outlook

According to multiple Wall Street analysts, Intel's latest earnings beat expectations with earnings per share surging 2x forecast and revenue exceeding guidance by 25%, driven by 59% server CPU sales growth—the strongest in 15 years as demand for AI data center chips accelerates. However, analyst views diverged sharply: Bank of America reiterated a buy rating with a $160 target price, citing Intel's successful pivot to AI servers and positive progress in foundry operations. Goldman Sachs raised
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22:31

SK Hynix, Samsung Electronics to Post Record Q2 Earnings on July 29-30; Brokers Raise Price Targets

According to F&Guide data and Maeil Business Newspaper, SK Hynix and Samsung Electronics are set to announce record-breaking second-quarter earnings on July 29-30. SK Hynix Q2 revenue is projected at 84.17 trillion won, surging 278.6% year-over-year, with operating profit estimated at 64.24 trillion won, nearly 7 times higher than the prior year. Samsung Electronics has already disclosed provisional Q2 revenue of 171 trillion won and operating profit of 89.4 trillion won, marking its largest qua
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22:27

U.S. Defense Department Reports 642 Military Casualties in Iran Operations Since Late February

According to the U.S. Department of Defense, American military personnel have accumulated 642 total casualties from military operations related to Iran since February 28, with 18 deaths, the Defense Casualty Analysis System updated on July 26. The statistics follow the large-scale joint military action involving the United States and Israel initiated against Iran in late February.
22:25

ILJIN Global Becomes South Korea's First 5 Trillion Won Asset Conglomerate With 1 Trillion Won Cash Reserve

According to BizWatch, ILJIN Global, a South Korean automotive parts conglomerate, was designated in May 2026 as the nation's first publicly announced corporate group with assets exceeding 5 trillion Korean won. As of year-end 2025, the group's domestic subsidiaries held combined assets of 5.06 trillion won, with five operating companies maintaining 1.026 trillion won in cash reserves and zero net debt. Chairman Lee Dong-seop, 55, who inherited operations in June 2023 following founder Lee Sang-
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22:25

Oil Prices Fall 3% After 6-Day Rally, WTI Drops to $85 on Easing Iran-U.S. Tensions

According to Reuters, oil prices fell approximately 3% over the weekend after six trading days of gains, with WTI crude settling at $85 per barrel and Brent at $96, amid signs of potential de-escalation in regional tensions. The decline was driven by reports that Pakistan, with Chinese backing, is seeking to resume talks between the United States and Iran, with Chinese officials expressing concern that Iran's military actions and the blockade of the Strait of Hormuz are damaging China's interest
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22:25

Brazil's Lula Criticizes U.S. Tariffs of 12.5%-37.5% as Strategic Error on July 26

According to CCTV News, on July 26, Brazil's President Lula criticized the U.S. government's new tariffs on Brazilian goods in a Washington Post op-ed, calling them a strategic error. The new tariffs, ranging from 12.5% to 37.5%, are unfair and will harm the U.S. economy and the bilateral partnership, Lula said. He warned the measures will disrupt supply chains currently deeply integrated between the two countries in the medium to long term.
22:23

Spain's Avila Wildfire Hits Record Size, Burns 50,000 Hectares on July 26

According to Spain's Interior Ministry, Avila province's wildfire burned approximately 50,000 hectares on July 26, becoming Spain's largest recorded wildfire. Central Spain's wildfires have destroyed a cumulative 77,000 hectares of land, with additional large-scale fires continuing to burn in neighboring Toledo province as firefighters work to prevent the fires from merging.
22:21

Iran Claims Over 288 U.S. Military Targets Hit in Middle East on July 26

According to CCTV News, Iran's Khuzestan Province Revolutionary Guard commander claimed on July 26 that over 288 U.S. military targets in the Middle East were struck during recent conflicts between Iran and the United States. The official further stated that in a recent operation, a U.S. military base in Jordan had over 11 aircraft destroyed, along with extensive damage to facilities and unmanned systems.
22:21

Putin Affirms Russian Naval Development Plan Will Be Implemented on July 26

According to CCTV News, Russian President Vladimir Putin stated on July 26 while attending naval celebration events in St. Petersburg that the country's navy fleet is a critical factor for national security and holds significant importance in Russia's nuclear triad. Putin affirmed that the naval development plan will be concretely implemented. He also received video briefings from commanders of the Pacific Fleet, Northern Fleet, Baltic Fleet, Black Sea Fleet, and Caspian Flotilla.
22:19

Crypto-Rich Investors in South Korea Shift Billions to AI Stocks and Real Estate

According to South Korean banks and brokers, crypto investors who built wealth through digital assets are increasingly reallocating their portfolios to AI-related equities, ETFs, and real estate instead of pursuing further crypto investments. Recent consultations at major institutions including KB Kookmin Bank, Korean Investment & Securities, and Hana Securities show clients pivoting from aggressive trading toward stable asset management, tax optimization, and long-term wealth preservation. Inve
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22:15

Netanyahu Says Israel-Iran Conflict to End Only When Iran's Nuclear Program Abandoned or Regime Falls

On July 26, Israeli Prime Minister Benjamin Netanyahu said in an interview that Israel and Iran's conflict will only end when Iran's current regime falls or is weakened enough to abandon its nuclear program. He emphasized that Iran's nuclear efforts must cease regardless of any agreement. Regarding his planned meeting with U.S. President Trump, Netanyahu stated the focus is not to deliver new intelligence, as Israeli and U.S. military and intelligence agencies are already cooperating closely. Ne
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22:14

Bitcoin Trades Around $64,774 After 0.58% Weekly Gain; Ethereum Up 3.17%

According to CoinMarketCap, as of July 27, Bitcoin rose 0.58% over the past week to trade at $64,774.17 (approximately 9.47 million Korean won), oscillating around the $64,000 level. Ethereum gained 3.17% weekly, trading at $1,925.55 (approximately 2.82 million Korean won). Binance Coin rose 0.63% weekly to $573.30, while Solana declined 0.68% to $75.60. Monero surged 6.36% over the week. U.S. crypto-related stocks including MicroStrategy and Coinbase fell on July 24, dropping 2.09% and 1.78% re
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BTC1.27%
ETH3.37%
SOL2.66%
22:13

Lebanese Military Condemns Israel's Continued Military Operations in South on July 26

According to Central Television, the Lebanese military on July 26 condemned Israel's continued military operations in southern Lebanon, stating that these actions obstruct Lebanon's full troop deployment under a tripartite framework agreement reached with Israel and the United States last month. The Lebanese military statement alleged that the Israeli Defense Forces continued launching attacks in violation of international law, systematically destroying homes and conducting bombardments across m
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22:13

Michael Burry Expands AI Short Bets, Adding Micron, Nvidia Shorts at Specific Price Points

According to Michael Burry's Substack post on July 26, the Big Short investor expanded short positions in semiconductor stocks, adding Micron (MU) at $933.86 per share, Nvidia (NVDA) at $210.28, and increasing Semiconductor ETF (SOXX) shorts at $535.83, while initiating a new short position in Caterpillar (CAT). Burry argued that Nvidia's large order pipeline does not reflect genuine end-user demand but rather represents a financing illusion created through off-balance-sheet arrangements that ar
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22:13

Nvidia Cuts Vera Rubin NVL72 CPU Memory by Half Amid LPDDR5X Price Surge

According to Kuaikeji (a Chinese tech outlet), Nvidia is dramatically cutting CPU-side system memory in its next-generation Vera Rubin NVL72 AI system due to surging LPDDR5X and HBM4 memory prices. The SOCAMM modules will be halved from 192GB to 96GB per unit, while total CPU memory per system drops from 54–55TB to 28TB. Analysts at Bernstein estimate the cost per cabinet has risen from Morgan Stanley's prior projection of $7.8 million to $9.1 million. Without the memory reduction, LPDDR5X costs
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