Gate Crypto Flash News and Market Updates

According to Foresight News and GMGN data, CASHCAT surpassed $150 million in market capitalization, reaching $156 million with a 47.13% gain over the past 24 hours.

According to Onchain Lens, a whale wallet with $38.75 million in historical profits reactivated earlier today after months of inactivity. The wallet deposited 892,000 USDC to Hyperliquid and established two long positions: 14,290 ZEC at 10x leverage (approximately $7.01 million) and 1.62 million LIT at 5x leverage (approximately $3.98 million), totaling $10.99 million in new positions.

According to 優分析 (UAnalyze), U.S. stock markets saw a notable shift in AI-related capital allocation in early July, with funds rotating away from semiconductor and AI supply chain stocks toward software companies. Memory makers and other AI supply chain firms declined 10% to 25% from the month's start, prompting market discussion about whether the nine-month uptrend may be reversing. Market participants expect second-quarter earnings to drive the next phase of this rotation. U.S. listed companie

According to South Korean media, Samsung Electronics has raised wafer foundry prices by approximately 15% for 4nm and 5nm processes, as well as some 8nm automotive chips, for new customers. This follows reports that Taiwan Semiconductor Manufacturing Company (TSMC) notified major clients including NVIDIA, Apple, and AMD of planned price increases of 5% to 10% for advanced processes such as 3nm, 5nm, and 7nm.

According to Guru Club, on July 10, JPMorgan asset management strategist David Lebowitz said investors are becoming more discerning about AI investments, moving away from indiscriminately buying anything related to AI. Lebowitz noted that investors are now differentiating risk and reward within the AI supply chain, with data center operations offering more structural support than chip manufacturing. He warned that chip and hardware sectors face potential oversupply risks. SK Hynix shares fell ov

According to Guru Club, on June 4, Indonesia's benchmark stock index (Jakarta Composite) fell 4.2% to 5688.574 points, marking its lowest level since December 2020.

According to Einfomax, Japan's 10-year government bond yield surged to 2.90% on July 9, reaching its highest level in approximately 30 years since September 1996. The surge coincides with growing concerns about potential yen carry trade unwinding, as Japan's Bank of Japan (BOJ) raised its benchmark interest rate from 0.75% to 1.0% last month, widening the interest rate differential with the U.S. to over 2.5 percentage points. Analysts warn that excessive yen weakness positioning could trigger ra

According to Korea Exchange, Hansung Enterprise surged 1,950 Korean won (29.95%) for the second consecutive day on July 10, as the company was reassessed as a patriotic brand. The rally was triggered by widespread online attention to the company's historical support for Korean War veterans, which prompted a simultaneous wave of consumer purchases and investor buying interest.

According to Financial Times, HSBC is seeking to sell high-risk loans from Hang Seng Bank to investors in recent months. The bank has made available a portfolio of real estate loans valued at over $3 billion for review by debt investors, though negotiations may face significant hurdles as private debt funds are expected to demand substantial discounts.

According to OpenAI, on July 10, the company rolled out ChatGPT Work, a new agent that operates across apps and files, completes multistep tasks like slides and spreadsheets, and runs independently for hours on GPT-5.6. The desktop app combining Chat, Work, and Codex is now available on Mac and Windows globally, including free users. Web and mobile rollout begins with Pro, Enterprise, and Edu users, followed by Plus and Business users in the next few days. OpenAI added a unified plugins director

According to Japan Meteorological Agency, the likelihood of El Niño conditions persisting through autumn is 100%.

According to Japan's Finance Minister Katagiri Koyuki, on July 10, the yen rebounded 0.7% to 161.29 against the U.S. dollar after the minister urged pension funds to increase domestic asset allocation. However, some investors questioned the sustainability of the yen's gains, citing ongoing geopolitical risks, fiscal concerns, and interest rate differentials. Without further government action, the yen may decline to new 40-year lows.

According to Morningstar analyst Michael Hodel, SpaceX's Starlink has emerged as a profitable satellite internet service since its June public debut, but the analyst believes its impact on traditional telecom providers is overstated. Hodel expects Starlink to complement rather than replace terrestrial networks, citing technical limitations and the difficulty of building a nationwide wireless infrastructure. EchoStar sold its nationwide AWS-3 wireless spectrum licenses to SpaceX for $2.6 billion

According to UBS' latest July Memory Chip Monthly Report, the global memory chip market hit a record monthly sales of $74.6 billion in July 2026, up 31.7% month-over-month. DRAM sales reached $48 billion (up 27.7%), while NAND Flash surged to $25.8 billion (up 40.7%), both hitting all-time highs. UBS forecasts that high-bandwidth memory (HBM) demand will surge 90% to 331 billion Gb in 2026 and grow a further 77% to 587 billion Gb in 2027, driven by accelerating AI infrastructure buildout. The ba

According to Cheung of Oversea Chinese Banking Corp Research, Japanese government bonds rallied in the Tokyo session on July 10 amid prospects of increased fund inflows. The 10-year yield fell 10 basis points to 2.775%, while the 20-year yield declined 11.5 basis points to 3.750%. Japan's Finance Minister Katsunobu Kato indicated the government is seeking to promote GPIF and similar funds' investment in yen-denominated assets. Cheung noted in a research report that this is an appropriate time to

SWIFT announced the launch of a blockchain-based ledger enabling 24/7 global interbank transactions using tokenized deposits. Seventeen banks from six continents, including BNP Paribas, Citi, HSBC, Itaú Unibanco, Lloyds Bank, MUFG Bank, Standard Chartered, UBS, and Wells Fargo, will begin pilot payments on the network. The ledger allows banks to intermediate tokenized deposits through their internal systems, enabling fund transfers overnight and on weekends. SWIFT developed the platform in nine

According to the U.S. National Weather Service Climate Prediction Center on July 9, El Niño conditions will continue to intensify through the end of 2026 with a high probability of extending into early spring 2027.

According to Stocktwits data, Opendoor Technologies stock surged 11% on Thursday, marking its best day in six months and extending gains into overnight trading. Trading volume jumped to 112 million shares, more than double the stock's average, as retail sentiment shifted to 'extremely bullish' on the platform. The stock is up 26% from its June 23 low. The rally was driven partly by Opendoor's inclusion in the Russell 3000 Index last month, which triggered buying activity. However, the company's

According to E-Daily, South Korea's KOSPI index surged 398.31 points, or 5.46%, to 7,690.22 on July 10 afternoon (1:09 PM KST), driven by recovering investment sentiment in artificial intelligence semiconductors. The KOSDAQ index also rallied 6% and recovered above the 800 level, with buy-side circuit breakers triggered during intraday trading.

According to Yonhapinfomax, South Korea's government bond yields declined across tenors on July 10, with longer-dated securities leading declines. The 3-year yield fell 1.1 basis points to 3.769%, while the 10-year yield dropped 2.0bp to 4.242% and the 30-year yield declined 2.5bp to 4.437%. The steepening into flattening came as Japanese government bond rates plummeted more than 10bp in longer tenors, with South Korean yields tracking the move. Anticipation ahead of next week's Bank of Korea mo