Gate Crypto Flash News and Market Updates

According to court documents filed by Oregon's Attorney General, Paramount is scheduled to complete its acquisition of Warner Bros. on July 16. The state is requesting that Paramount comply with investigation requirements related to the merger.

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

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.

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

According to CNN, U.S. Defense Secretary Lloyd Austin Hegseth plans to visit Israel on Wednesday (July 9) for his first trip in the role. He is expected to meet with Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz to address Israeli concerns over potential F-35 fighter jet sales to Turkey, a proposal Trump mentioned during the NATO summit. Israel is currently the only country in the Middle East equipped with F-35 aircraft.

According to Bank of Korea data released on July 8, South Korea's current account surplus hit a record $38.61 billion in May, surpassing the prior high of $37.93 billion recorded in March. Total exports surged 62.9% year-over-year to $94.34 billion, driven primarily by information technology products including semiconductor exports (+167.7%) and computer peripheral devices (+249.4%). The cumulative current account surplus for January-May reached $141.28 billion, already exceeding the prior year'

According to Yonhapinfomax, South Korean President Lee Jae-myung proposed on July 7 a new Korea-NATO Defense Industry Partnership 2.0 during a keynote speech at NATO's Defense Forum in Ankara, Turkey. The initiative aims to move beyond current defense cooperation focused on weapons sales to include joint research, production, and operation of defense systems. Lee emphasized the need to expand joint research and development on advanced technologies, citing cooperation programs in ammunition and s

According to South Korea's Supreme Court in a December 2025 ruling, virtual assets including Bitcoin qualify as targets for asset seizure and forfeiture under law. However, no comprehensive statistics exist on actual recovery of seized or forfeited virtual assets. Court documents highlight the enforcement challenge: criminals increasingly convert illicit funds into virtual assets to evade tracking, as demonstrated in cases involving billions of won in transferred funds converted to untraceable d

According to Iran's Islamic Republic Broadcasting (IRIB), the U.S. Central Command is currently striking targets that former President Trump claimed were destroyed four months ago, suggesting a contradiction in statements between the two sides.

According to Securities Daily, multiple Chinese banks launched consumer loan concession campaigns during the summer season on July 7, with annual interest rates as low as 3%. The promotions include multiple incentives such as interest subsidies, WeChat red packet discounts, and interest vouchers, aimed at capturing the peak summer consumption period.

According to South Korea's National Security Advisor Sung-Rak Wei, Seoul and NATO officially began negotiations on a procurement agreement to access NATO's joint defense market worth approximately 15 trillion won, announced on July 7 (local time) in Ankara. The agreement, once concluded, will provide South Korean defense companies with institutional access to participate in NATO's joint procurement projects. Seoul also expanded its participation in NATO multinational cooperation projects, joinin

According to Iran's state television, President Pezeshkian returned to Iran from Iraq following U.S. airstrikes on Iran's southern region.

Gemini has launched 0% commission stock trading for users in most U.S. states, with Nasdaq serving as the official provider for real-time market data. Customers in Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington D.C., and Guam are currently excluded from the service.

According to WSTS data, global semiconductor sales reached $131.9 billion in May, rising 16.1% month-over-month and 118.8% year-over-year, significantly outpacing the historical seasonal average of 4.5% growth. Morgan Stanley forecasts full-year 2026 semiconductor industry revenue of $1.5-1.6 trillion, representing over 90% annual growth driven primarily by price increases rather than volume expansion, with average selling prices up 16.7% month-over-month and 85% year-over-year. Memory chips led

South Korea's current account surplus reached 386.1 billion dollars in May, according to the latest data release. The country's April current account was revised downward to 282.9 billion dollars from the previously reported 282.923 billion dollars.

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.