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
07:26

Intel Server CPU Margins Hit 39% as CPU-Focused ETF Debuts July 29

According to Han Kyung, a South Korean financial publication, Intel's server CPU division saw operating margins surge to 39% in Q2 2026, up from 30% in the prior quarter, driven by growing demand from AI inference workloads. On July 29, Kiwoom Investment & Asset Management launched South Korea's first CPU-themed ETF, the "KIWOOM U.S. CPU Semiconductor TOP 4+," which includes Intel, AMD, Qualcomm, and ARM. Samsung Asset Management is set to launch a competing product, "KODEX U.S. CPU Semiconducto
More
07:26

UK FCA's Stablecoin Sprint Report Shows Cross-Border Payments as Primary Use Case on July 29

According to Cointelegraph, the UK Financial Conduct Authority's Stablecoin Sprint policy report released on July 29 identifies cross-border payments as the clearest near-term use case for stablecoins, while domestic retail adoption in the UK is expected to develop more slowly. Stablecoins show the strongest advantages in emerging markets with limited dollar access, though they offer limited benefits in major corridors with already fast, low-cost payment systems. The findings align with the FCA'
More
07:25

South Korea's Kospi Closes at 5,600 After Two Days of Sharp Declines on July 29

South Korea's benchmark Kospi index closed at 5,600 on July 29 after two consecutive days of sharp declines, with circuit breakers triggered multiple times. Securities researchers attributed the market selloff primarily to deteriorating investor sentiment rather than fundamental deterioration in corporate earnings. While the rise of China's semiconductor industry presents a long-term competitive challenge, its near-term impact on the current AI chip cycle remains limited, according to their anal
More
07:23

HD Korea Shipbuilding Secures $16.38B Orders in H1 2026, Exceeds Annual Target

According to Yonhap Infomax, HD Korea Shipbuilding and Offshore Engineering achieved $16.38 billion in new orders during the first half of 2026, reaching 96.2% of its annual target by late July. HD Hyundai Heavy Industries has already exceeded its yearly goal. The company secured 38 very large gas carriers (VLGC), 17 liquefied natural gas (LNG) carriers, one floating liquefied natural gas (FSRU) unit, and multiple tankers including very large crude carriers (VLCC) and container ships, reflecting
More
07:23

Krafton Posts Record H1 2026 Revenue of 2.66 Trillion Won, Up 73.3% YoY

According to Yonhap Infomax citing financial filings on July 29, Krafton achieved record half-year revenue of 2.66 trillion Korean won and operating profit of 972.5 billion won in H1 2026, up 73.3% and 38.3% respectively from a year earlier. In Q2 alone (April–June), revenue reached 1.29 trillion won, up 94.9%, with operating profit of 410.9 billion won, up 67%, both exceeding analyst consensus. The PUBG IP franchise grew 25%, while new title Subnautica 2 surpassed 5 million units sold in 22 day
More
07:23

Samsung C&T Reports Q2 Operating Profit of 1.0317 Trillion KRW, Up 37.1% YoY

According to Yonhap Infomax, Samsung C&T reported on July 29 that its Q2 2026 operating profit reached 1.0317 trillion Korean won, a 37.1% increase year-over-year. The result significantly exceeded market expectations, with 10 brokerage houses forecasting only 864.4 billion Korean won in operating profit (14.87% YoY growth). Revenue stood at 11.995 trillion Korean won, up 19.7% from the same period last year, while net profit totaled 915.5 billion Korean won.
07:23

China's Foreign Ministry Responds to Reuters Query on Houthi-Backed Red Sea Oil Tanker Safety Coordination

At a regular press briefing on July 29, Foreign Ministry spokesperson Mao Ning responded to Reuters' question regarding reports that China had requested Houthi forces to ensure safe passage of Chinese oil tankers through the southern Red Sea. Mao Ning stated that China closely monitors developments in the Red Sea and believes the sovereignty and security of regional nations should be respected, and the safety of international shipping lanes should be jointly protected. China calls for relevant p
More
07:23

LG Health & Wellness Reports Q2 Operating Profit of 102.8B Won, Up 87.5% YoY, Beats Market Expectations

According to Yonhapinfomax, LG Health & Wellness reported Q2 2026 results on July 29, posting consolidated operating profit of 102.8 billion won and revenue of 1.6574 trillion won, representing year-over-year increases of 87.5% and 3.3% respectively. The results exceeded market expectations, which had projected Q2 revenue of 1.596 trillion won and operating profit of 71.5 billion won based on guidance from four major domestic brokerages.
More
07:23

China Criticizes Japanese Right-Wing Forces for Using AI to Distort Invasion History on July 29

According to China's Foreign Ministry spokesperson Mao Ning on July 29, the Chinese government criticized Japanese right-wing forces for large-scale use of artificial intelligence to distort the history of Japanese invasion of China. Mao Ning stated that right-wing elements have failed to reflect on this history and instead are actively distorting facts and evading responsibility, particularly misleading Japanese youth. The use of emerging technologies compounds these efforts and threatens regio
More
07:21

China's Foreign Ministry Responds to U.S. Restrictions on Advanced Robots on July 29

According to Xinhua, China's Foreign Ministry spokesperson Mao Ning responded on July 29 to the U.S. Federal Communications Commission's announcement of import restrictions on foreign-made advanced robots, including humanoid robots where China holds a leading position. Mao said China firmly opposes the United States' politicization of the national security concept to suppress Chinese enterprises, and that protectionism will not enhance U.S. competitiveness but only harm American businesses and c
More
07:21

Fed Decision May Push USD/JPY to 164, Raising FX Intervention Risk on July 29

According to Jin10 and Sumitomo Mitsui Bank Chief FX Strategist Hirofumi Suzuki, on July 29, the Federal Reserve's interest rate decision and Federal Reserve Chair Jerome Powell's remarks may push the USD/JPY exchange rate to the 164 level. If this occurs, given that Japanese financial authorities have strengthened warnings, the likelihood of foreign exchange intervention appears to rise notably. A potential trigger could emerge if the yen continues to depreciate following Friday's Bank of Japan
More
07:21

China Reaffirms Visa-Free Arrangement with Russia Beneficial, Open to Further Talks on July 29

According to the Chinese Foreign Ministry, on July 29, spokesperson Mao Ning reiterated at a regular press conference that the mutual visa-free arrangement between China and Russia has played a positive role in facilitating people-to-people exchanges. This came in response to Russian Deputy Foreign Minister Rudenko's earlier statement about discussions on establishing a permanent visa-free regime. China expressed willingness to maintain communication with Russia on the matter.
07:19

RBC Sees Tesla-SpaceX Merger Creating Over $1 Trillion Chip Savings Through Terafab by 2050

According to RBC Capital, a potential Tesla-SpaceX merger could generate over $1 trillion in long-term chip cost savings by 2050 through Terafab, Musk's vertically integrated semiconductor manufacturing complex. The brokerage estimates this would create an "orbit-to-ground" platform spanning connectivity, autonomous vehicles and robotics. Musk confirmed on Tesla's earnings call that the two companies already have "more and more overlap" including Terafab, Starlink and Digital Optimus. Tesla stat
More
07:19

China's Shanghai Exchange Warehouse Inventory Changes on July 29: Pulp +2,019 Tons, Fuel Oil +5,000 Tons

According to Jin10 Futures, warehouse inventory levels on China's Shanghai Exchange (SHFE) shifted on July 29. Pulp futures warehouse inventory increased by 2,019 tons to 340,665 tons, while fuel oil futures inventory rose by 5,000 tons to 16,960 tons. Inventories for other tracked commodities including bitumen, low-sulfur fuel oil, and medium-sulfur crude oil remained unchanged from the previous trading day.
07:18

China Expresses Condolences for Kumamoto Prefecture Earthquake on July 29

According to China's Foreign Ministry spokesman Mao Ning on July 29, China expressed condolences to those who died in the earthquake in Kumamoto Prefecture, Japan, and offered sympathy to bereaved families and injured persons. The Chinese embassy and consulates in Japan have activated emergency mechanisms and issued consular alerts, urging Chinese citizens to take precautions against tsunamis and aftershocks. China's Foreign Ministry and diplomatic missions will continue monitoring the situation
More
07:17

South Korea's FSC Considers Additional Regulations on Leveraged ETFs on July 29

According to its National Assembly report on July 29, South Korea's Financial Services Commission Chairman Lee Eok-won said the regulator is taking a serious view of increased market volatility linked to single-stock leveraged ETFs and plans to implement supplementary measures. Lee stated that if necessary, the FSC will pursue additional regulatory measures to address market risks.
07:17

Korean Retail Investors Lose 56.3 Trillion KRW in Leveraged ETF Trading, Citi Reports

According to Citi, Korean retail investors suffered losses of approximately 56.3 trillion KRW in leveraged ETF investments during recent market adjustments through today, July 29. The market value of leveraged ETFs based on Korean assets peaked at 76.37 trillion KRW on July 22 before declining to 27.64 trillion KRW, the bank reported.