Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
01:43

Korean Entertainment Giants' Market Cap Falls 8.04 Trillion Won in 2026

According to Korea Exchange, the combined market capitalization of JYP Entertainment, YG Entertainment, SM Entertainment, and HIVE fell 8.04 trillion Korean won as of July 16, declining 40.9% on average since year-end 2025. The four companies' total market value dropped from 21.01 trillion won at the end of 2025 to 12.98 trillion won. SM Entertainment saw the steepest decline at 48.8%, followed by YG Entertainment at 42.1%, HIVE at 36.0%, and JYP Entertainment at 35.7%.
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01:37

ZTE Unveils OEX Supernode as US Nvidia Curbs Drive Domestic AI Infrastructure Push

According to Security Times, on July 18, ZTE unveiled its OEX supernode at the 2026 World Artificial Intelligence Conference. The system features an orthogonal backplane-free architecture with a three-zero cable design, standardized protocols, and unified interfaces designed for compatibility with China's broad GPU ecosystem. The supernode supports multi-chip combinations and enables lossless switching between machines to improve cluster efficiency. The launch comes as US export controls have co
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01:36

Michael Saylor: Corporate Bitcoin Adoption 'Necessary, Inevitable, Welcome' as Public Companies Hold 1.263M BTC

According to Bitcoin.com News, Michael Saylor said on July 18 that corporate bitcoin adoption is 'necessary, inevitable, and welcome' for bitcoin to succeed as a global monetary network. The MicroStrategy Executive Chairman posted on X that corporations provide the legal structure, scale and continuity bitcoin needs. Public companies held approximately 1.263 million BTC worth $80.82 billion, with MicroStrategy controlling 843,775 BTC or about 66.8% of public-company holdings. The company has sol
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01:34

SpaceX in Talks With Pentagon on Multibillion-Dollar AI Data Center Deal

According to Reuters, SpaceX is in talks with the U.S. Department of Defense to provide data center computing resources worth billions of dollars for artificial intelligence model operations, the company disclosed on Friday (July 17). If the partnership succeeds, it would deepen SpaceX's existing collaboration with the Pentagon, which already relies on the company for rocket launches, satellite communications, and missile tracking services. Reuters noted the negotiations remain ongoing and could
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01:33

Korea's Top 5 Crypto Exchanges See Weekly Trading Volume Drop to 8.06 Trillion Won, Lowest Since May 2023

According to Digital Asset reported by ChainCatcher, Korea's top 5 crypto exchanges saw weekly trading volume drop to 8.06 trillion won during July 9-16, marking the lowest level since May 2023. The exchanges' combined weekly trading volume has declined for consecutive weeks, falling from 17.7 trillion won (June 5-12) to 8.06 trillion won in the latest week. Upbit maintained its leading position with a 63.57% market share, though down 0.63 percentage points from the prior week.
01:33

$72.33 Million in Crypto Positions Liquidated in 24 Hours, 49,355 Traders Affected

According to Coinglass data cited by ChainCatcher, $72.33 million in positions were liquidated over the past 24 hours, with long liquidations totaling $29.20 million and short liquidations reaching $43.13 million. A total of 49,355 traders were liquidated during the period, with the largest single liquidation occurring on Binance's ETHUSDPERP contract valued at $1.764 million.
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01:31

Foreign Investors Sell Off 12.44 Trillion Won in South Korean Stocks from July 1-16, Net Buy ETFs

According to Etoday citing data from South Korea's stock exchange, foreign investors net sold off approximately 12.44 trillion Korean won worth of South Korean stocks between July 1 and 16. Specifically, the KOSPI (Korea Composite Stock Price Index) saw net outflows of 12.10 trillion won, while KOSDAQ (the technology-heavy secondary market) experienced net outflows of 338.1 billion won. In contrast, foreign investors net purchased around 593.7 billion won in Korean ETFs during the same period.
01:31

Anthropic Adds Claude Fable 5 to Max and Team Premium Plans Starting July 20

According to The Economic Times, Anthropic will add Claude Fable 5 to its Max and Team Premium subscriptions starting July 20, with usage capped at 50% of regular limits. Pro and Team Standard users will retain access through usage credits. Anthropic will provide affected users a one-time US$100 credit.
01:29

Crypto Fear and Greed Index Rises to 28, Exits Extreme Fear Zone

According to Alternative, the Crypto Fear and Greed Index rose to 28 today (July 19), up from 25 yesterday, moving out of the 'extreme fear' zone into 'fear' territory. The index tracks six weighted indicators including volatility, trading volume, social media activity, market surveys, Bitcoin dominance, and Google Trends data.
01:25

U.S. Military Strikes Iran for Eighth Consecutive Night as Casualties Mount; At Least 50 Killed Since June 27

According to the Associated Press, the U.S. military launched strikes on Iran on July 19 for the eighth consecutive night, with escalating military exchanges between both sides. Iran's Health Ministry reported that U.S. strikes have caused at least 50 deaths and 500 injuries since June 27. According to the New York Times, the Iranian strikes on U.S. military bases in Jordan resulted in multiple damaged helicopters and dozens of injured American personnel. U.S. officials reported two American sol
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01:19

84% of North American Financial Institutions View Tokenization as Strategic Priority; One-Third Plan to Boost Investment Within 2 Years

According to CoinDesk, a Broadridge survey of 200 North American financial services executives shows that 84% of institutions view tokenization as strategically important, signaling Wall Street's transition from blockchain experimentation to preparing tokenized assets for mainstream market infrastructure. Nearly one-third of surveyed institutions plan to increase tokenization investment by 26% to 50% or more within the next two years. Meanwhile, 92% of institutions expect digital and traditional
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01:19

Hanseong Enterprise Stock Surges 240% as South Korean Retail Investors Launch 'Patriotic Investment' Rally on July 19

According to E-Daily, on July 19, South Korean retail investors initiated a patriotic investment rally targeting domestic companies facing delisting risks, with Hanseong Enterprise (creamy manufacturer) at the center. The stock surged from 4,230 won to 14,520 won over eight trading days, a 240% gain, with market capitalization jumping from around 300 billion won to 900 billion won. The rally was triggered after authorities strengthened listing standards this month (KOSPI threshold: 30 billion wo
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01:19

Zhihu Launches Second Tech Club Conference at WAIC 2026, July 17-20

Zhihu hosted the second Tech Club conference at the 2026 World Artificial Intelligence Conference (WAIC 2026) in Shanghai from July 17 to July 20. The company set up booths in both Pudong and Xuhui districts, featuring the theme "How Much Longer Until AI Bridges the Last Mile." The event brought together experts, developers, and content creators to advance AI research from theory toward practical applications and real-world use cases.
01:16

Meta and Anthropic in Talks Over $10 Billion AI Compute Rental Deal on July 17

According to the New York Times, Meta and Anthropic are in talks over a roughly $10 billion artificial intelligence compute rental agreement as of Friday (July 17). The collaboration concept was proposed by Anthropic in June and remains in early-stage discussions; Meta is currently evaluating the proposal and the two companies may not ultimately sign an agreement. Under the potential arrangement, Anthropic would make monthly payments to Meta over a two-year contract period, with an option for ei
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01:13

SOL Semiconductor Upstream ETF Surges 27.89% in Week Ended July 16, Leads South Korea Fund Rankings

According to fund evaluator KG Zeroin, Shinhan Asset Management's SOL Semiconductor Upstream ETF (전공정 ETF) surged 27.89% in the week ended July 16, ranking first among domestic equity funds with net assets of 10 billion won or more and a one-month-plus track record. Year-to-date, the ETF recorded gains of 132.79%. The top five weekly performers were all semiconductor value-chain ETFs: NH Amundi's HANARO Semiconductor Core Process ETF gained 26.96%, followed by Shinhan's SOL AI Semiconductor Mate
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01:13

South Korea Announces Digital Assets Basic Law to Be Finalized by Year-End

According to Newsis, South Korea's Financial Services Commission announced on July 15 that it will finalize a Digital Assets Basic Law by year-end to regulate the digital asset industry, establish fair and efficient markets, and strengthen user protection. The law will also institutionalize stablecoins and strengthen anti-money laundering (AML) regulations. Key contentious issues remain unresolved, including whether banks should hold a majority stake (50%+1) in stablecoin issuers and whether exc
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01:10

BONK Treasury Attacker Transfers 400B BONK to Coinbase, Worth $1.11M, 5 Hours Ago

According to BlockBeats, citing on-chain analyst Yejin's monitoring, a BONK treasury attacker transferred 400 billion BONK to Coinbase 5 hours ago on July 19, valued at approximately $1.11 million. The address previously obtained 4.426 trillion BONK from the treasury via governance proposal, of which 2.426 trillion BONK has been moved to centralized exchanges, worth approximately $7.88 million. Since the tokens were withdrawn from the treasury 12 days ago, BONK price has declined from $0.0000047
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01:09

U.S. Regulators Miss July 18 Deadline to Finalize GENIUS Act Stablecoin Rules

According to The Block, U.S. regulators missed the July 18 deadline to finalize stablecoin rules required under the GENIUS Act, which was signed into law on July 18, 2025. As of July 18, 2026, major rules from the OCC, FDIC, NCUA, and Treasury Department remain in proposal or public comment phases, with some Federal Reserve and anti-money laundering regulations still under consultation. The legislation contains no automatic extension provision, meaning critical stablecoin framework rules will no
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01:07

Biren Unveils Optical Supernodes Supporting 1,024 AI Processor Cards at 2026 Conference

According to South China Morning Post, Biren Technology unveiled new optical supernode systems at the 2026 World Artificial Intelligence Conference, claiming near-packaged optics can connect up to 1,024 AI processor cards in a cluster and help overcome copper-based interconnect limitations. The Shanghai-based chipmaker, founded in 2019, develops AI and high-performance computing chips including its BR100 and BR104 GPUs. However, its commercial path faces constraints due to TSMC halting productio
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