Gate Crypto Flash News and Market Updates

According to Alphabet's earnings call on Wednesday (July 23), the company's cloud business backlog reached $514 billion, up from $460 billion last quarter, driven primarily by strong demand for AI infrastructure and solutions. The company also announced plans to expand use of third-party compute capacity in the third quarter. Following the announcement, AI infrastructure-related stocks rallied after hours, with compute providers CoreWeave up 3.7% and Nebius up 5.4%, while semiconductor and optic

According to the Korea Exchange, South Korea's KOSPI experienced unprecedented volatility in July, with 11 sidecars (temporary halts on programmed trading) triggered through July 22, marking the highest monthly count on record. The market also saw 2 circuit breakers activated during the same period, approaching the previous monthly record of 3 from June. The index surged over 6% on July 21 before retreating 300 points intraday, closing up just 0.74% at 6797.70. Foreign investors have resumed net

According to Maeil Business Newspaper, SpaceX will release its first earnings report as a public company on August 4, with partial lock-up restrictions on 911.5 million shares held by employees and early investors lifted two days later on August 6. The restrictions cover approximately 20% of all lock-up shares, valued at over $110 billion at current prices. On July 21, SpaceX shares rose 3.08% to close at $123.54, rebounding after eight trading days but remaining below the IPO offering price of

According to an announcement from S&P Dow Jones Indices and Pantera Capital on July 21, the companies launched a new digital asset index that ranks blockchain networks and protocols based on aggregate protocol revenue rather than market capitalization or token price. The index launched with 18 constituents, including Ether (ETH), BNB (BNB), Solana (SOL), TRON (TRX), and Hyperliquid (HYPE) as its five largest holdings. Eligible assets must meet minimum thresholds for protocol revenue, market capi

According to Coinbase Canada CEO Eric Richmond in an interview with BNN Bloomberg this week, the company is expanding its "Everything Exchange" to Canadian users—a single platform combining crypto, stocks, ETFs, and prediction markets in one account. Tokenized stocks, which are shares recorded on a blockchain and settle instantly without market-hours limitations, are planned to launch for non-U.S. users, including Canadians, this month with full dividend rights. The rollout in the U.S. is alread

According to the UK Maritime Trade Operations, a tanker was struck by an unidentified projectile and caught fire on July 23 off Saudi Arabia, approximately 70 nautical miles from Al-Shuqaiq. The vessel's captain reported the incident, and crew members are currently working to extinguish the fire onboard.

According to News1, Kakao Pay Securities, Toss Securities, and Korea Investment & Securities will introduce fractional trading for domestic Korean stocks starting August 2026. Fractional trading allows investors to purchase stocks in units smaller than one share, enabling investment in expensive blue-chip stocks from as little as 1,000 Korean won. The services come as the number of emperor stocks—shares priced above 1 million won—has grown to seven as of July 22, 2026, up from zero in 2024. Frac

According to Korea Exchange, foreign investors made net purchases of 2.6211 trillion won on July 21, the largest inflow in about two months. The buying momentum lifted the KOSPI to close 0.74% higher at 6797.70. The semiconductor sector, which had seen 12 consecutive weeks of selling, also returned to net purchases with 900 billion won bought. Analysts at Hana Securities suggested that if foreign investor buying sustains, the market could deliver expected returns of 15-25% over the next year, co

According to Financial News, KOSPI closed up 49.75 points (0.74%) at 6,797.70 on July 22, despite surging past 7,100 intraday and triggering buy-side circuit breaker for the 20th time this year. Foreign investors net bought 2.63 trillion won, but domestic institutions and retail investors sold 2.61 trillion won combined, offsetting gains and dragging the index down more than 300 points from session highs. Semiconductor stocks Samsung Electronics and SK Hynix, which rose up to 6.6% and 9.3% respe

According to Korea Exchange (KRX), KOSDAQ index fell from 1,200 to 750 points in three months, marking a 38% decline as of July 22. The sharp drop follows a period of increased speculation around higher valuations for the index.

According to market data, offshore Chinese yuan (CNH) fell 62 pips to 6.7751 against the U.S. dollar on Wednesday (July 22), New York close. The pair traded within a range of 6.7678–6.7761 during the session.

According to a rally speech on July 22, U.S. President Trump predicted a federal government shutdown in September due to disagreements between Republicans and Democrats on spending priorities. On July 21, the Republican-controlled House of Representatives approved a short-term appropriations bill funding federal agencies through December 4 to prevent a shutdown before the November midterm elections. The measure now heads to the Senate, where Republican and Democratic leaders are negotiating alte

On July 22, hundreds of Venezuelan civilians gathered in central Caracas to demand the United States release President Nicolás Maduro and his wife. The rally was led by Caracas Mayor Carmen Meléndez and Maduro's son, Nicolás Maduro Guerra. In his speech, Guerra stated that the trial is fundamentally illegal and lacks substantive evidence to prove any charges against Maduro. He called for resolving the issue through diplomacy and international dialogue rather than violence.

On Wednesday (July 22), spot gold rose 1.31% to $4,130.07 per ounce and briefly touched an intraday high of $4,166.05 during New York trading. Spot silver climbed 1.55% to $59.72 per ounce, reaching a daily peak of $60.93, while copper futures fell 1.00% to $6.49 per pound.

Per a July 20 filing, more than 90% of Satsuma Technology shareholders voted to liquidate its entire Bitcoin holdings and cancel its London Stock Exchange listing. The company will sell 668 BTC worth approximately $43.5 million, with cash assets of £26.8 million-£30 million to be returned to shareholders. The U.K.-based Bitcoin treasury firm's stock has declined 97% in value over the past year.

According to Kirill Kirilenko, Lead Precious Metals Analyst at CRU, gold prices remain caught between two pressures amid Middle East tensions. Higher oil prices lift inflation expectations, pushing bond yields higher and prompting markets to anticipate tighter monetary policy, which pressures gold prices lower and keeps them around the $4,000 level. However, if geopolitical tensions broaden, investors could shift focus from inflation concerns to broader questions about global economic stability

According to Iran's state broadcaster IRIB, an explosion was heard in Sirik, a city in Iran's southern Hormuzgan province, on July 22.

According to an official statement from Codelco yesterday (July 23), a strong storm in central Chile caused limited impact on copper production, though three of its mining divisions—Salvador, Andina, and El Teniente—experienced temporary operational disruptions. Operations are now gradually recovering as weather conditions improve. No casualties or workplace incidents were reported.

Alphabet reported on Wednesday that second-quarter investment gains totaled $98 billion, primarily from unrealized gains in equity securities. The earnings windfall drove the company's per-share earnings to $9.11, significantly exceeding the analyst consensus estimate of $2.90. According to the company's earnings statement, Alphabet holds stakes in SpaceX and artificial intelligence startup Anthropic PBC.

On Wednesday (July 22), U.S. equity ETFs posted mixed results. The Russell 2000 index ETF fell 0.93%, while emerging market ETF declined 0.54%. Nasdaq-100, U.S. real estate, U.S. Treasury 20+ year, S&P 500, and dollar-focused ETFs fell up to 0.51%. Commodity funds led gains, with gold ETF up 1.15% and U.S. Brent crude oil fund surging 1.70%. The yen appreciation ETF rose 0.02%, euro ETF gained 0.10%, and agricultural products fund advanced 0.30%.