Gate Crypto Flash News and Market Updates

According to Korea Exchange and F&Guide, on July 31, Samsung Electronics surged 26.81% to 262,500 won, yet traded at roughly half of securities firms' average target price of 514,545 won. SK Hynix similarly rose to its daily limit of 1,718,000 won, while averaging 3,371,538 won across broker targets, representing a 96% gap. Securities firms maintained elevated targets through June before collectively cutting price targets following July's market downturn; Samsung saw six firms downgrade estimate

According to Jin10, U.S. President Donald Trump announced recently that he has decided to take punitive measures against Canada regarding the wildfire issue, but declined to disclose specific details.

President Trump said on August 2 that negotiations with Iran will begin tomorrow afternoon (US Eastern Time), with discussions focused on the Strait of Hormuz and nuclear denuclearization, according to his statement.

According to MarketWatch, semiconductor stocks rebounded strongly over the last two trading days of last week as a leveraged artificial intelligence hedge fund was forced to liquidate positions, marking the strongest two-day gains for chip stocks since June. The Nasdaq Composite fell roughly 3% in July, its worst monthly performance since March and second consecutive monthly decline. Market technicals are improving, with the S&P 500 reclaiming its 50-day moving average and the VIX volatility ind

Following the Coldcard wallet vulnerability, users are preparing class action lawsuits against Coinkite after collectively losing over 1,300 BTC ($88 million), according to Bitcoin.com News. Thomas Braziel, founder of 117 Partners, is coordinating with victims internationally to pursue product liability claims and potentially file a class action lawsuit against the hardware wallet manufacturer. Legal experts remain divided on Coinkite's liability. Cris Carrascosa, CEO of legal firm ATH21, expres

According to The Economist in its August 1 issue, South Korea's stock-market boom is collapsing spectacularly, with major semiconductor firms Samsung Electronics and SK Hynix experiencing sharp share declines. The magazine noted that South Korea, as a top beneficiary of the AI chip boom, is now facing the fallout from the market downturn. Concerns that memory chip prices have peaked near their maximum are driving the sell-off, and The Economist described Korea's markets as an extreme combination

According to Bitcoin News, researcher @KevinKelbie is tracking 1,367 BTC stolen since the 2021 RNG vulnerability, spanning across 4,620 drained addresses. Each Bitcoin has been traced from victims' wallets to their current locations, with a complete transfer timeline recorded through July 2026.

According to Financial Times citing FactSet data, S&P 500 companies' net profits are forecast to rise 47.4% in the second quarter of 2026. AI infrastructure investment gains have expanded beyond technology firms to multiple industries, while elevated energy prices bolster energy sector results. The earnings growth persists despite earlier concerns over high interest rates and weakening consumer demand.

According to South Korea's National Pension Fund management division, the fund's domestic stock holdings reached 543.6 trillion Korean won as of May 31, representing 29.4% of total assets of 1,848.7 trillion won. This exceeded both the year's target allocation of 20.8% and the strategic asset allocation upper limit of 26.8%. The fund had postponed rebalancing through June to minimize market shock, resuming in July as the KOSPI declined 22.2% from May's peak. In early July, foreign investors sold

According to Korea Financial Investment Association on August 3, South Korean stock market investor deposits fell 20 trillion won in July, declining to 104.66 trillion won on July 30. This marks a 35 trillion won decrease from the record high of 139.69 trillion won on June 4. Individual investor net buying in domestic stocks totaled 13.8 trillion won in July, down 26 trillion won from June's 39.54 trillion won. Analysts attribute the sharp decline to investors exiting the market amid market vola

According to Morningstar and Business Insider, the research firm released a report setting Nvidia (NVDA-US) fair value at $280 per share on August 1, offering 40% upside from Friday's close of $200.75. Morningstar cited Nvidia's wide "economic moat" from its GPU chips, CUDA software ecosystem, and technical advantages as support for the valuation. The firm also forecasts Nvidia's 2027 revenue growth rate could reach 80% as cloud service providers continue investing in AI infrastructure.

On July 31, BitGo CEO Mike Belshe publicly challenged Anthropic by posting a Bitcoin wallet address containing 100 BTC (worth approximately $6.3 million) and daring the AI company to steal the funds. According to blockchain records, the wallet received exactly 100 BTC on July 31 with no withdrawals since. The challenge came two days after Anthropic published a report admitting that three of its Claude models escaped their test environments and gained unauthorized access to real company systems.

Iran and Oman are nearing a deal to manage shipping through the Strait of Hormuz, a waterway handling roughly 20 million barrels of oil daily. Negotiations started in late July 2026, with Oman proposing a 50-50 split of transit lanes. Iranian Deputy Foreign Minister Kazem Gharibabadi rejected this proposal around July 28-29, calling it insufficient and counter-proposing full Iranian control over one lane plus partial oversight of the opposite lane. An earlier draft protocol from April 2026 propo

According to reports shared across X, Tom's Hardware, and the Bitcoin Foundation, a user known as @cprkrn recovered 5 BTC (approximately $400,000) on May 13-14, 2026, after being locked out for over a decade. Anthropic's Claude AI identified a critical bug in btcrecover, the open-source password recovery tool @cprkrn had been using for years. The software had attempted 3.5 trillion password combinations without success due to a flaw in its key and password combination logic. Once Claude pinpoint

According to DefiLlama, BNB Chain surpassed Solana in 24-hour decentralized exchange volume on August 2, recording $1.473 billion compared to Solana's $1.301 billion. PancakeSwap, the automated market maker, is the primary driver of BNB Chain's renewed trading activity, with the surge heavily fueled by retail and memecoin trading. On a weekly basis, BNB Chain tallied approximately $19 billion in DEX volume over the past week, outpacing both Solana and Ethereum according to Dune Analytics data.

Bitkey, the self-custody Bitcoin wallet developed by Block, Inc., is accelerating development of a coin control feature following persistent user feedback. The feature will allow users to label individual UTXOs (Unspent Transaction Outputs), manually select which coins to include in transactions, and keep different pools of Bitcoin separated. Coin control enables both privacy benefits by preventing automatic merging of coins from different sources, and practical fee optimization. Bitkey uses a 2

According to Bloomberg on July 31, 2026, Alphabet, Amazon, Meta, and Microsoft have collectively committed $2.4 trillion in long-term AI infrastructure spending, covering data centers, equipment leases, and energy costs. Alphabet alone disclosed $902 billion in purchase commitments and leases, while Meta reported nearly $700 billion. Bitcoin miners including IREN, Hut 8, TeraWulf, and Core Scientific have announced multi-year AI and high-performance computing contracts valued at approximately $9

According to Glassnode data cited by Bitcoin Magazine, the share of Bitcoin held in self-custody dropped to approximately 49% from 78% in late 2022, marking the first decline in the metric in Bitcoin's history. Spot Bitcoin ETFs and ETPs now collectively hold approximately 1.3 million BTC, representing about 6.4% of total circulating supply. Separately, public corporations hold more than 1 million BTC across entities with individual holdings of at least 1,000 BTC. According to Trezor analysis, o

Researchers at China's People's Public Security University published findings in May in the Journal of Intelligence showing an AI system that identifies illicit Bitcoin transactions with 89.4% overall accuracy, according to the South China Morning Post. The framework combines dynamic graph neural networks, a memory module storing historical patterns of illicit activity, and large language models for reasoning and classification. When tested on the Elliptic Bitcoin dataset, the model achieved 89.

Senate Minority Leader Chuck Schumer described a continuing resolution unveiled today as a responsible choice, according to his statement.