Gate Crypto Flash News and Market Updates

According to Jin10, six major foreign exchange options with notional values exceeding 1 billion each are set to expire on July 23 at 22:00 Beijing time. The expiring options involve multiple currency pairs including EUR/USD, USD/CHF, AUD/USD, and GBP/USD, with multiple strike prices.

According to Thursday announcement shared with Cointelegraph, BancaStato, the cantonal bank serving Switzerland's Italian-speaking Ticino region, launched regulated cryptocurrency trading through Sygnum's B2B banking platform. The service allows BancaStato customers to buy, sell and hold Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Solana (SOL) directly via the bank's existing web and mobile banking apps. BancaStato joins over 25 financial institutions using Sygnum's platform for regulated dig

South Korea's cryptocurrency trading volumes have collapsed, with daily trades across the nation's five largest won-based exchanges falling from US$2.82 billion in July 2025 to US$305 million in July 2026, a decline of roughly 89%, as retail investors shift capital toward the country's surging KOSPI index. The benchmark equity gauge climbed 114.44% in the 12 months to July 22, 2026, drawing speculative appetite away from digital assets. Weaker trading activity has strained exchange revenues; som

SoundCloud acquired the assets of Nina Protocol, a decentralized music platform that ceased operations earlier this year, according to reports. The acquisition brings Nina's artist community, editorial archives, and music discovery tools into the SoundCloud ecosystem, reinforcing the streaming company's focus on independent artists. Financial details of the transaction were not disclosed.

According to Commerzbank strategist Rainer Guntermann, the euro zone government bond market may ease Thursday (July 23) as the European Central Bank is expected to hold rates unchanged and President Christine Lagarde has not pre-committed to a rate hike in September. Current money markets expect the ECB to maintain rates on Thursday. Guntermann noted that 10-year German government bond yields, having approached the 3.2% mark this year, should provide support, while upcoming purchasing managers'

According to a research report from Hana Securities on July 24, the key evaluation metric for global AI investment is shifting from capital expenditure (Capex) to efficiency and profitability. The report noted that with AI infrastructure investments already expanding to hundreds of billions of dollars, market focus will increasingly turn to whether massive investments can translate into actual revenue and cash flow. Recent volatility in AI-related stocks stems from investor skepticism about whet

According to CNBC, long-term memory semiconductor company Changshinan Memory Technology's (CXMT) perpetual futures contracts traded at $6.35 per share today (July 23) on decentralized exchange HyperLiquid, with prices reaching as high as $8.60. The premium-inflated valuation implies a company value of approximately $425 billion, roughly five times CXMT's IPO valuation of approximately $57.9 billion. CXMT is scheduled to list on Shanghai Stock Exchange's STAR Market on July 27.

According to Yonhap Infomax, Hyundai Glovis posted operating profit of 495.1 billion KRW in the second quarter ended July 23, 2026, surpassing market consensus of 485.8 billion KRW. Revenue reached 8.7054 trillion KRW, also exceeding consensus estimates of 8.0578 trillion KRW. Year-over-year, revenue grew 15.8% while operating profit declined 8.1% from the same period in 2025.

According to Bloomberg, on Thursday (July 23), the Hong Kong Securities and Futures Commission (SFC) and Malaysia's Securities Commission signed an agreement to streamline the dual listing framework for initial public offerings (IPOs) between the two markets. The regulators also agreed to expand the range of recognized products under their mutual fund recognition arrangement, including non-Islamic exchange-traded funds (ETFs) and real estate investment trusts (REITs), and to allow eligible funds

According to a Reuters survey covered by Jin10 on July 23, 86% of economists predict the Bank of Japan will raise interest rates before end-December, with a potential move as early as October. The central bank is expected to increase rates by 25 basis points to 1.25%, with ongoing hikes anticipated throughout 2027. The decision reflects pressure from yen weakness and imported inflation, while policymakers weigh risks of rapid rate hikes on Japan's debt burden and fragile economic recovery.

According to UBS, gold prices rebounded this week, with Hong Kong and mainland gold stocks rising about 20% in three days. The Swiss bank projects gold to reach $4,675 per ounce in 2026 and $4,800 per ounce in 2027, citing improved investor sentiment driven by softer U.S. non-farm employment and inflation data. UBS noted that gold has found support near the $4,000 level in recent trading. UBS gold strategist Joni Teves stated that portfolio diversification remains a key driver of gold demand ami

According to Binance's official announcement, the exchange will suspend Polygon (POL) deposit and withdrawal services on July 29, 2026, at 21:00 (UTC+8) to support the network's planned upgrade and hard fork. The Polygon network upgrade and hard fork will be executed at block height 50,185,000, expected at 22:00 (UTC+8) the same day.

According to Jin10, Denmark's Danske Bank highlighted rising market attention to 30-year U.S. Treasury yields, which have climbed to 5.15%, up 3 basis points and near 2-month highs. The increase reflects inflation pressures from escalating Middle East tensions, which pushed Brent crude oil close to $100 per barrel ahead of next week's FOMC meeting.

According to CryptoQuant analyst Darkfost, Bitcoin short-term holders have posted consecutive losses for nine months as of July 23, a characteristic pattern of bear markets. The cohort's cost basis stands at $68,800, with the group currently realizing approximately 4% losses as BTC attempts to hold above $65,000. Darkfost noted that reclaiming the $68,800 level is critical for bringing near-term optimism and confidence to the market.

According to F&Guide data released on July 23, South Korea's five major listed securities firms (Mirae Asset Securities, Korea Finance Holdings, Samsung Securities, Kiwoom Securities, and NH Investment) posted combined Q2 operating profit consensus estimate of 4.895 trillion won, up 130.4% year-over-year from 2.125 trillion won in the same period last year. All five firms saw double-digit operating profit growth. The surge was driven by increased domestic stock trading amid rising prices and vol

According to Odaily, Robinhood's GME meme coin surged to $15 million market cap in 24 hours, up over 2,200x, as reported by GMGN market data. The token is currently trading at $12.55 million.

According to the Financial Commission, South Korea will submit the second-phase legislative bill for the Digital Assets Basic Law and establish a separate regulatory framework for digital asset custody services. The commission said it will adopt a cautious approach to mandatory exchange custody business separation, preferring to strengthen behavior regulation to prevent conflicts of interest. South Korea will also streamline approval processes for traditional financial institutions applying for

According to Investing.com, on July 22, Gene Munster, managing partner at Deepwater Asset Management, raised his assessment of a potential SpaceX-Tesla merger from 80% to 90% following Tesla's Q2 earnings call. Munster noted on X that Elon Musk's emphasis on synergies between the two companies surprised him, as merger discussions were mentioned seriously during the call. Musk acknowledged in the earnings call that business overlap between SpaceX and Tesla is growing, particularly related to Tera

According to BlockBeats and Hyperinsight monitoring, Intel (INTC) is set to release its second-quarter 2026 earnings today (July 23) after U.S. market close, with the stock trading near $103.79 on Hyperliquid as of publishing. The three largest new long positions opened in the past seven days are all bullish, collectively holding 55,829.2 shares worth approximately $5.795 million with an average entry price of $97.7, generating combined unrealized gains of about $341,000. The largest position, h

According to CNBC, on July 22, AMD announced a strategic partnership with Anthropic involving up to $5 billion in investment and a commitment to supply its latest AI chips at scale. The chipmaker will invest up to $5 billion in the Claude AI model developer, while Anthropic has agreed to become a major buyer of AMD's advanced AI processors.