Gate Crypto Flash News and Market Updates

According to Yonhapnews, South Korea's long-term government bond yields surged to historic highs on July 21-22, with 20-year bonds reaching their highest level since May 2011 and 30-year and 50-year bonds setting all-time records. The 20-year yield rose 2.9 basis points, while 30-year and 50-year yields climbed 4.4 and 4.0 basis points, respectively. In contrast, short-term 2-year and 3-year bond yields fell 3.7 and 2.8 basis points to 3.692% and 3.867%, supported by capital inflows from SK Hyni

According to the commander of Kyiv's drone forces, Ukrainian unmanned aerial vehicles struck 13 Russian military vessels in the Black Sea and Sea of Azov over the past 48 hours.

According to CNBC, TSMC announced a $100 billion investment into advanced semiconductor manufacturing and packaging facilities in the U.S. last week, bringing total commitments to the country to $200 billion since President Donald Trump returned to power in 2025. However, the aggressive U.S. expansion is increasing production costs and squeezing the world's leading chipmaker's profit margins. TSMC's CFO Wendell Huang said on an earnings call that gross margin gains in the second quarter were off

According to Financial News, South Korea's KOSPI index surged 143.5% from 2,770.84 on June 4 last year to 6,747.95 on July 21, reflecting government policy focus and retail investor enthusiasm. The benchmark reached 9,385.59 intraday on June 19, representing a 3.4x gain from the post-election low. Political figures have publicly backed higher targets, with Democratic Party officials expressing hopes for KOSPI 10,000. Retail investors drove market activity, posting net purchases of 108.2 trillion

According to Kpler shipping data, no ultra-large tankers or liquefied natural gas carriers transited the Strait of Hormuz on July 21. Only three general cargo vessels passed through the waterway that day, down from four on July 20.

According to Business Insider, Neuralink's shares are trading at valuations between $29 billion and $42 billion in secondary markets as of July 22, with some investors attempting to bid as high as $60 billion. This represents a roughly five-fold increase from the $9 billion valuation the brain-computer interface company received during its latest fundraising round last year. The surge follows growing investor demand for Elon Musk's artificial intelligence and robotics ventures, particularly afte

According to Guangda Futures, spot gold surged past $4,100 per ounce overnight as gold, copper, and oil moved higher in tandem. The rally follows U.S. trade policy shifts, with the U.S. announcing 50% tariffs on select Canadian products. Trade representative Grier signaled new global import tariff policies to replace the expiring 10% rate. Geopolitical tensions added to volatility. The U.S. President ruled out near-term talks with Iran, stating the U.S. has no interest in negotiations and will "

According to Axios, U.S. Representative Ritchie Torres called on the SEC to investigate Truth Social's plan to sell real-time access to Trump posts to Wall Street institutions on July 22. Truth Social earlier introduced a paid TruthAPI offering swift access to Trump's posts to institutional investors.

According to the Financial Supervisory Service's pension portal, Mirae Asset Securities maintained its top ranking in Korea's defined contribution (DC) pension plan asset accumulation in Q2 2026, widening its gap over other financial institutions. Samsung Securities climbed to sixth place and is approaching entry into the top five rankings.

According to Binance's official announcement, the exchange will conduct wallet maintenance on the Tron network on July 23 at 14:00 (UTC+8). To support this maintenance, Binance will suspend deposits and withdrawals for Tron (TRX) starting at 13:55 (UTC+8) on the same day. The maintenance is expected to take approximately one hour, after which deposits and withdrawals will automatically resume.

Ukraine's soon-to-be outgoing commander-in-chief of armed forces announced that Ukraine has recovered 700 square kilometers of territory this year.

According to Tom Lee, Fundstrat co-founder, Ethereum's outperformance against memory chip stocks has widened significantly over the past month. The relative excess return reached 7,200 basis points as Ethereum rose 24% while memory chip ETFs declined 38%.

According to Aave, the protocol's V4 deposits exceeded $300 million today, with active loans surpassing $100 million for the first time. Aave community lead Nick Rea confirmed both metrics reached all-time highs, marking a significant milestone for the lending platform.

Equinor, Norway's state-owned petroleum company, announced that scheduled maintenance work in 2026 is expected to reduce daily production by approximately 35,000 barrels of oil equivalent (BOE).

According to U.S. Secretary of State Rubio, the U.S. military conducted its 11th consecutive night of airstrikes on Iranian targets on July 22, citing Iran's failure to meet Strait of Hormuz commitments. The U.S. Central Command (CENTCOM) said the strikes targeted Iranian military operations centers, unmanned drone storage facilities, and military logistics infrastructure. Rubio stated that while the U.S. remains committed to diplomatic solutions, Iran is not seriously engaged in negotiations. T

On July 22, global investment banks offered divergent outlooks on South Korea's recent stock market decline. JPMorgan maintained its overweight stance, noting that leverage unwinding has progressed substantially and the selloff reflects forced deleveraging rather than deteriorating corporate fundamentals. Citigroup downgraded to neutral, citing valuation pressures and heightened volatility as key concerns.

JPMorgan Chase raised its HSBC Holdings (00005) price target by nearly 10 percent to HK$200 from HK$182, maintaining a "buy" rating. The firm also lifted its earnings-per-share forecasts for HSBC for 2026-2028 by around 2 percent, driven by stronger net interest income in banking operations. JPMorgan expects management may raise 2026 net interest income guidance to approximately $47 billion from $46 billion. Goldman Sachs raised HSBC's 12-month price target nearly 10 percent to HK$181 from HK$16

In April, the Federal Reserve and U.S. Treasury Department held a special meeting with top banking CEOs to alert them about Anthropic's Mythos AI model, which posed unprecedented cybersecurity risks to major financial institutions. The model excels at identifying software vulnerabilities and security flaws, and Anthropic made it available to select banks and institutions as part of its Glasswing cybersecurity initiative. However, the Federal Reserve itself was unable to access the Mythos model f

According to ChainCatcher, Pump.fun announced the launch of BOOST, a new token launch mechanism designed to inject additional liquidity into every new token on its platform. The protocol previously lost over $100 million in annual liquidity to dead pools when tokens migrated from bonding curves to decentralized exchanges. The BOOST mechanism adds approximately 20% liquidity to each migrating token without changing the trading experience on bonding curves or liquidity pools, according to co-found

According to Korea Depository Trust & Clear, listed companies in South Korea completed or pursued 75 M&A deals in the first half of 2026, down 2.6% compared to the same period last year. Among these, KOSPI-listed companies accounted for 22 deals, while KOSDAQ-listed companies represented 53 deals.