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
06:43

National Pension Fund Reports 68.4 Billion Won Net Purchases in July as Rebalancing Resumes

According to Korea Exchange, South Korea's National Pension Fund and affiliated pension funds achieved net purchases of 68.4 billion won on the stock market from early July through July 24, marking the first monthly net buying since the fund's asset rebalancing (portfolio reweighting) resumed this month. The fund had recorded net selling every month from January through June 2026, with cumulative net outflows of over 10 trillion won during the first half of the year.
06:43

Three iOS Users Sue Apple Over $1.8M Bitcoin Loss from Fake Sparrow Wallet App

According to MacRumors, three iOS users sued Apple in a California federal court after losing approximately $1.8 million in Bitcoin from downloading counterfeit Sparrow Wallet apps from the App Store between May and August 2025. The lawsuit alleges that Apple failed to take action even after victims reported the fraudulent apps, and multiple fake Sparrow applications remain listed on the App Store. Sparrow Wallet developer Craig Raw has publicly criticized Apple's slow response in removing the c
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BTC0.46%
06:43

Daishin Securities Shows High Concentration Risk: 34 Mega Contracts Worth 33.5% of Assets

According to Daishin Securities' Q1 2026 quarterly report, the company's discretionary investment business exhibits a structural imbalance: small contracts dominate by count but high-value contracts control assets. Of 40,279 total contracts, those under 100 million Korean won represent 92.23% of contracts but only 9.93% of assets at 264.6 billion won. Conversely, 34 contracts exceeding 10 billion won account for 0.09% of contract count yet represent 33.48% of total assets at 891.9 billion won. T
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06:41

Bitcoin Rebounds to $64,314, ETH Climbs 1.16% on July 26 Despite Weak Futures Sentiment

According to BlockBeats citing HTX data, on July 26, Bitcoin rose to $64,314.13 (up 0.44% in 24 hours) and Ethereum reached $1,878.63 (up 1.16% in 24 hours). However, derivatives sentiment remains weak. Per CoinGlass data, BTC's weighted funding rates stand at 0.0043% and 0.0029%, while ETH's are 0.0028% and 0.0018%—both below the 0.005% bearish threshold, with Ethereum showing stronger bearish sentiment than Bitcoin.
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BTC0.46%
ETH1.18%
06:25

Hyperliquid Lists Changxin Technology Perpetual Futures at $7.2, Valuing Chip Firm at 3.5 Trillion Yuan

According to Guru Club, Hyperliquid listed perpetual futures for Changxin Technology on July 15 at $7.2 per share (approximately 52 yuan), implying a market valuation of about 3.5 trillion yuan—roughly six times the IPO offering value of 579 billion yuan. The contract pricing falls within the optimistic range of institutional estimates (2–3 trillion yuan expected). This marks the first time an on-chain perpetual contract has targeted an A-share ChiNext IPO, providing overseas investors with a di
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06:20

South Korea Pension Funds Post Net Inflows of 684B Won This Month, Boost SK Hynix Holdings

According to Jin10, as of July 24, South Korea's pension funds, including the National Pension Service (NPS), posted net inflows of 68.4 billion won (approximately $46.8 million) into KOSPI-listed stocks this month, marking their first monthly net purchase after six consecutive months of net selling. SK Hynix was the most heavily bought stock among pension fund purchases in July, with net inflows of 425.8 billion won.
06:16

Iraq and Syria to Sign Oil Pipeline Construction Agreement on July 26

According to Jin10, Iraq and Syria will sign a pipeline construction agreement on July 26. Iraq's cabinet authorized the General Manager of the Basra Oil Company to sign a memorandum of understanding with Syria's oil ministry to build pipeline infrastructure connecting domestic oil fields to export crude oil to global markets via the Mediterranean Sea. The cabinet also instructed the oil ministry to sign an MOU with an enterprise alliance comprising ConocoPhillips, TI Capital, and Novatera to in
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06:12

Birchtree Acquires 100% of Digital Motion; Tokenized Standards Deployment Set for Q3 2026

According to Birchtree's press release, Birchtree Investments Ltd. acquired 100% of Digital Motion Corporation under a definitive share exchange agreement executed in March 2026. Digital Motion plans to deploy its proprietary token and vault standards on Krown Network, a quantum-secured blockchain, during the third quarter of 2026, expanding infrastructure for tokenized securities and digital financial assets.
06:09

PONS Surges to Record $56 Million Market Cap on July 26, Up 28.5% in 24 Hours

According to BlockBeats, on July 26, PONS, the native token of Robinhood Chain's token issuance platform, briefly surged to a record market capitalization of $56 million. The token rose 28.5% in 24 hours to reach $51.56 million, with trading volume of approximately $4.1 million over the same period, according to data from GMGN. PONS serves as the governance and utility token for the Pons platform, which enables fixed-supply token creation and collects fees in WETH and PONS, using proceeds to rep
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06:09

South Korea's Q2 GDP Growth Beats Estimates at 0.6% Quarter-on-Quarter, Bond Yields Surge

According to Yonhap Infomax, South Korea's second-quarter real GDP expanded 0.6% quarter-on-quarter, significantly exceeding market expectations of 0.37%, lifting sentiment around potential back-to-back interest rate hikes in August. The stronger-than-expected growth report drove benchmark government bond yields higher this week, with the 3-year yield jumping 10.1 basis points to 3.953% and the 10-year yield rising 14.5 basis points to 4.445%. This week's financial markets are set to focus on th
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06:07

Iran's Foreign Minister Discusses Regional Crisis with EU Official on July 25

According to CCTV News, Iran's Foreign Minister Abbas Araghchi held a phone call with EU High Representative Kaja Kallas on July 25 to discuss regional and international developments. During the conversation, Araghchi criticized European countries for irresponsible attitudes toward regional issues and held the EU accountable for the attack on an Iranian merchant vessel by Ukrainian forces, citing the EU's support for Ukraine. Kallas expressed concern about the escalation of any conflict and emph
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06:03

Iran Prepares for Potential Airstrikes and Ground Operations, Spokesman Says on July 26

According to Iran's armed forces spokesman Shekarchian on July 26, Tehran is prepared for potential airstrikes or ground military operations. He stated that the United States has failed to achieve its objectives in the Strait of Hormuz and in weakening Iran, and may be seeking a new strategy. Shekarchian noted that with Israeli Prime Minister Netanyahu visiting the United States, Iran could face military action, though he suggested the U.S. would face greater vulnerability in ground combat scena
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05:55

El Salvador Crypto Remittances Account for 0.7% of Total Inflows but Surge 39.1% YoY

According to data from the Central Bank of El Salvador, crypto remittances to the country totaled $35.4 million in the first half of 2026, representing just 0.7% of total remittance inflows exceeding $5 billion for the period. Despite the small share, the figure marks a 39.1% year-over-year increase compared to $25.4 million in the same period of 2025.
05:49

South Korea's Physical Gold Trading Volume Plummets Over 80% Since Year Start as Prices Fall 30%

According to Financial News and Newsis, South Korea's physical gold trading volume has collapsed sharply over the past month, declining to half its level one month ago and plunging nearly 80% compared to the beginning of the year amid a 30% price correction. The decline in domestic gold trading is driven by sustained U.S. monetary tightening and weakening demand from Chinese retail investors, who had previously fueled the gold rally.