Gate Crypto Flash News and Market Updates

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.

According to E-Daily, on July 31, single-stock leveraged ETF trading volume fell 74.3% as regulatory restrictions on individual investors took effect, while foreign investor trading share dropped sharply to 27-32% from 38% in July. The decline reflects reduced speculative demand from retail traders, which has narrowed arbitrage opportunities for foreign algorithmic traders who previously dominated short-term rotation trading in these products. Foreign high-frequency trading (HFT) accounts regist

According to Jin10, Iran's Foreign Minister Abbas Araghchi held a call with Iraq's Foreign Minister on August 3. The two discussed the latest regional developments, ways to strengthen bilateral and regional cooperation, and key issues of mutual concern.

According to a recent interview, Chris Giancarlo, who chaired the Commodity Futures Trading Commission from 2017 to 2019, warned the crypto industry against overcommitting to the CLARITY Act. While still supporting the bill's passage, Giancarlo argued that innovation will proceed regardless of legislative outcomes. The Senate Banking Committee advanced the bill 15-9 on May 14, 2026. However, with the Senate adjourned from August 10 through September 11, only approximately one week of floor time

According to Jin10, U.S. President Trump said on Saturday evening he would halt planned strikes against Iran to allow renewed negotiations on reopening the Hormuz Strait. This marks the eighth time in the five-month U.S.-Iran conflict that Trump has threatened military action and subsequently canceled it, according to Jin10's count.

According to Bitcoin.com News, Bitcoin plunged to $62,236 on July 31, dragging its market capitalization from over $1.3 trillion to $1.26 trillion. The broader cryptocurrency market mirrored the decline, with the aggregate market cap falling to $2.22 trillion by August 2 from a July 27 peak of $2.33 trillion. Most high-cap altcoins logged losses of 2% to 3%, including Ethereum (ETH) down 2.6% at $1,860, XRP down 2%, and Solana down 2.7%. Cardano (ADA) bucked the trend with a 15.3% surge, alongsi

According to Korea Exchange, individual investors accounted for 58.4% of daily trading volume on the Korean stock market (KOSPI) year-to-date through July, significantly higher than the 17.9% share in the U.S. equity market, according to data cited by SIFMA (Securities Industry and Financial Markets Association). The disparity highlights structural differences in market participation, with U.S. individual traders primarily focusing on lower-priced and smaller-cap stocks through mutual funds, whi

According to ChainCatcher, on August 2 (today), KAITO hit a new daily low with a 24-hour decline of 13.11% on Binance spot markets. Simultaneously, DRAMB, ZEC, and ZEN reached their 24-hour highs, rising 5.51%, 5.44%, and 5.46% respectively. Other notable movements include COTI bouncing back with a gain of 8.03%, while 0G touched its weekly low, declining 19.78%.

According to Onchain Lens, Hyperliquid burned approximately $643,100 worth of HYPE in the past 24 hours. In the latest reporting window, $513,800 in revenue flowed to the Assistance Fund and HYPE holders. Historical cumulative destruction has reached 46.18 million HYPE tokens, valued at approximately $2.43 billion, representing 4.62% of the maximum supply of 1 billion tokens.