Gate Crypto Flash News and Market Updates

According to South Korea's stock exchange, Samsung Asset Management's KODEX 200 ETF received 186.7 billion Korean won in net inflows from individual investors from July 10 to 15, marking the highest net inflows among domestic ETFs during the period. Domestic benchmark indices and U.S. benchmark index products also led fund inflows into the broader ETF market in mid-July.

According to Newsis, South Korea's VKOSPI volatility index (Korea's fear gauge) reached a record intraday high of 97.99 on July 16, as single-stock leveraged ETFs triggered amplified market movements through forced rebalancing. The self-amplifying structure—where ETF managers must rebalance daily to maintain target leverage ratios—creates a feedback loop: rising prices force additional purchases that push prices higher, while declining prices mandate further sales that deepen losses. Market circ

According to Yonhapnews, during one month of market adjustment from June 17 to July 16, South Korea's KOSPI fell 21.8% to 6,820.60, with inverse 2X ETFs dominating performance rankings. The RISE 200 Futures Inverse 2X ETF recorded the highest return at 41.10%, tracking double the daily decline of the KOSPI 200 Futures index, which fell 21.8% over the period. Other inverse ETF products captured the top five positions, including KODEX 200 Futures Inverse 2X (40.85% return) and TIGER 200 Futures In

According to Barron's, SK Hynix ADR rose 1.1% to $154.03 on Friday (July 17), outperforming its main U.S. competitor Micron Technology, which fell 0.5%. The gain likely reflected South Korea's Constitution Day holiday, which closed Seoul markets for the day, allowing U.S. investors to position in SK Hynix ADR without concerns about overnight volatility in the home market.

According to Onchain Lens, Hyperliquid traders incurred liquidation losses totaling $70.81 million over the past 24 hours.

According to company disclosure on July 14, Israeli payments company Nayax refused to pay a ransom demanded by hackers who exfiltrated transaction records and scanned documents from a cloud account associated with a subsidiary. Nayax's board determined that paying would not serve the long-term interests of customers, partners, employees or shareholders. The company confirmed data theft six days after initially disclosing suspicious activity on July 8. Hackers have threatened to publish the stole

According to Korea Exchange, South Korea's large-cap stocks fell 20.6% through July 16, underperforming both the broader KOSPI index decline of 19.5% and small-cap stocks, which fell only 1.6%. Mid-cap stocks declined 6.2% over the same period, showing resilience in a weakening market.

Gate News message, a Hyperliquid whale has sold $5.81 million worth of $HYPE tokens following weeks of silence. The wallet sold 91,100 $HYPE over the past 24 hours. Since April, this address had accumulated 861,100 $HYPE, valued at approximately $55.3 million. The wallet address is 0xc745044ae202b60d3ef5ee89a5f6738011651464.

According to Yonhapinfomax, the USD/JPY exchange rate fell 0.017 yen to 162.387 on July 17 (EDT) as risk sentiment recovered following an initial tech-driven selloff. The Philadelphia Semiconductor Index declined 5.67% intraday before moderating to a 1.63% loss, while the Nasdaq Composite ended down 1.40% from an earlier 2.44% drop. The Dollar Index (DXY) fell 0.019 points to 100.729. Japanese Finance Minister Gatayama Satsuki warned the government is prepared to take decisive action, with analy

According to Baker Hughes, U.S. oil rig count increased by 7 this week to 588, marking the highest level since April 2025 and the fifth consecutive week of gains. The increase brings total rigs 44 units or 8% higher than the same period last year. Oil drilling platforms specifically rose 7 to 452, the highest since May 2025.

According to Panama's Ministry of Economy and Finance, on Friday the government announced it will acquire the remaining 41% private stake in Petroterminal de Panama, achieving complete national ownership of the strategic energy and logistics asset. The move aims to strengthen state control over critical infrastructure.

According to GraniteShares announcement on July 17, the GraniteShares 2X Long LCID Daily ETF (LCDL) has been delisted after its net asset value turned negative following a severe market event. Lucid Motors' stock plunged 55% on July 14 after bankruptcy rumors emerged, triggering automatic liquidation of the ETF's derivatives positions under swap contract terms. The fund, designed to track 2x daily returns of Lucid stock, saw its value collapse within hours. GraniteShares stated the NAV per share

According to Kitco News, citing Commerce Department data announced Friday, U.S. housing starts surged 19% in June to a seasonally adjusted annual rate of 1.47 million units, significantly exceeding economist expectations of 1.31 million units. However, building permits fell 3% to 1.37 million units, signaling limited recovery momentum ahead. The housing market data failed to support gold prices, which remain under pressure as safe-haven demand stays muted. Spot gold last traded at $3,966.60 per

According to Benzinga, Micron Technology (MU) and SanDisk (SNDK) have plunged this month to become among the cheapest AI stocks in the Nasdaq-100 index, with forward price-to-earnings ratios of 6.2x and 8.1x, respectively. Micron dropped 23.3% in July and is heading toward its worst monthly performance since June 2022, while SanDisk fell 35.7% in July, including a 24.7% decline this week, marking its worst weekly performance since March 2025. Despite the recent declines, both stocks remain signi

According to HyperliquidNews, DAT HypeStrat's mNAV hit a long-term low of 0.87x this week, or 0.80x after tax. The fund made no adjustments to its treasury and did not purchase Hyperliquid native tokens or PURR.

According to Yonhapnews, semiconductor and related equipment companies in KOSDAQ's top 100 by market capitalization surged to 32 as of July 14, up from 17 a year earlier, marking an 88% increase. Meanwhile, biotech, pharmaceutical, and medical equipment firms showed little change, with 11, 9, and 8 companies respectively remaining in the top 100. The shift has contributed to divergent market movements between KOSPI and KOSDAQ. This year through July 16, KOSPI rose while KOSDAQ fell on 32 trading

According to CCTV, early July 18 local time, Iran's Islamic Revolutionary Guard Corps Navy air defense system shot down a U.S. MQ-9 unmanned aerial vehicle.

According to a Kurdish autonomous region source, Iran launched multiple missile strikes on Iraq's Sulaymaniyah province on the morning of July 17, killing at least 9 members of an armed group and injuring 3 others. Separately, a drone attack struck an ammunition warehouse in the same province, triggering fires and explosions. Additionally, 4 drones were shot down near the U.S. consulate in Erbil on the evening of July 17.

According to Taco Bell on Friday, the chain has voluntarily removed lettuce affected by a cyclospora outbreak from its restaurants nationwide. In a statement, Taco Bell said it took swift action in close coordination with public health officials and removed the impacted ingredient from its entire supply chain out of an abundance of caution.

According to Ecoanalitica, an economic consulting firm, Binance peer-to-peer USDT trading volumes in Venezuela reached $1.389 billion between June 11 and July 13. Ecoanalitica director Alejandro Grisanti noted this volume equaled 88% of the central bank's foreign currency sales in June and 75% of the country's monthly oil exports, demonstrating that crypto has become a primary channel for currency exchange in the nation.