Gate Crypto Flash News and Market Updates

According to Pulseews, Xiaomi's wholly-owned subsidiary Wuhan 181010 Enterprise Management participated in Long Xin Technology's strategic placement offering, securing 18.2448 million shares at RMB 8.66 per share and generating RMB 736 million in first-day gains. In response to speculation linking the gains to Chairman Lei Jun's personal wealth, Xiaomi's Deputy General Manager of Strategic Markets Xu Jieyun clarified that the investment is a corporate action and cannot be conflated with individu

According to BlockBeats, on July 28, the Federal Reserve faces increased pressure to tighten policy due to persistent inflation above target and continued economic and labor market resilience, according to Anthony Willis, senior economist at Tianleh Investment. Markets are currently pricing in a 38% probability of a rate hike on Wednesday and have fully priced in the possibility of a September increase.

According to Jin10, Brendan Murphy, head of North American fixed income at Insight Investment, recommended today (July 28) that investors consider increasing exposure to shorter-end U.S. Treasury duration. Murphy stated the firm expects the Federal Reserve to maintain rates for an extended period, with the next rate adjustment likely to be a rate cut. "Therefore, now may be a good time to consider fixed income allocations, including increased duration exposure along the front end of the curve,"

According to Token Terminal data cited by Cointelegraph, Robinhood Chain's application deposits have surpassed $600 million, up approximately 50% over the past week as of July 28.

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5,688.574 points on June 4, marking its lowest level since December 2020.

According to Energy Secretary Sharon Garin, pump prices in the Philippines are set to increase starting July 28, driven by ongoing volatility in the Middle East. The announced maximum price increases for the week of July 28 to August 3 are: gasoline up P6.80 per liter, diesel up P7.32 per liter, and kerosene up P4.22 per liter. The adjustments take effect on Tuesday. This marks the second week of sharp fuel price hikes, following last week's rises of P3.65 per liter for gasoline and P10.68 per l

Nasdaq-100 Index Futures declined 1.1% in intraday trading on July 28.

Spot gold fell 1% intraday on July 28, trading at $4,035.67 per ounce according to market data.

According to 한국경제TV, South Korea's financial regulator announced on July 28 measures to curb volatility in single-stock leveraged ETFs. The Financial Services Commission will increase minimum deposit requirements from 10 million won to 30 million won effective July 31, accepting only cash. The move aims to reduce account holders from over 100,000 to approximately 10,000, thereby lowering trading volume and volatility. The measure follows sharply elevated market swings: KOSPI's July intraday vola

According to BlockBeats citing Bitget market data, on July 28, Southbound 2x Long SK Hynix (07709.HK) declined over 28%, while Southbound 2x Long Samsung Electronics (07747.HK) dropped over 25%.

Following the JR Global REITs crisis, South Korean listed REITs have experienced a 15% decline in their index amid reduced investor appetite. In response, companies are pursuing asset sales, issuing special dividends, and acquiring new real estate assets to rebalance their portfolios amid high interest rates and concerns over asset value deterioration.

According to ChainCatcher, Polymarket's prediction market shows Ethereum has a 26% probability of touching $2,000 by the end of July, down 46% in the last 24 hours. The probability of ETH falling to $1,800 stands at 43%, up 28% in the same period. ETH briefly rallied to $1,981 yesterday, approaching the $2,000 threshold by less than 1%, but subsequently declined and has now broken below $1,900.

According to Korea Exchange, KOSPI's intraday volatility reached 6.11% in July, the highest among major global stock indices, as of today (July 28). Over the same period, Japan's Nikkei 225 recorded 2.57% intraday volatility, while China's Shanghai Composite Index stood at 1.77%, according to monthly volatility data compiled by Korea Exchange.

According to Guru Club, on July 28, Shanghai tin futures fell 2.00% to 409,500 yuan/ton intraday, while London tin dropped 2.00% to $53,234/ton.

Ukrainian President Volodymyr Zelenskyy arrived in the United States on July 28, according to his statement. His agenda includes meetings with President Trump, his team, and officials who can support Ukraine's defense efforts. Zelenskyy identified anti-ballistic missile defense and strategic cooperation with the U.S. as top priorities.

According to Etoday, on July 28, South Korean lawmakers are exploring state compensation lawsuits over investor losses from Samsung Electronics and SK Hynix leverage ETFs. The Financial Services Commission approved the 2x single-stock leverage products on May 27, which saw rapid inflows and mechanical rebalancing that amplified volatility. As of June 25, the 14 products held net assets of 16.28 trillion won with daily trading volume at 14.48 trillion won. On July 16, authorities raised the minim

According to Jin10, CME data for July 27 showed mixed performance across energy and precious metals. Gold trading volume increased 34,701 contracts to 213,170 while open interest declined 1,065 to 373,693. Silver volume rose 4,028 to 34,689 with open interest down 242 to 106,649. Copper advanced 7,088 contracts in volume to 46,122 and open interest grew 750 to 272,077. In energy markets, WTI crude oil volume increased 14,431 to 1,022,603 but open interest fell 17,807 to 1,875,472. Brent crude sa

According to the Financial Services Commission and Korea Exchange announced on July 28, South Korea will publicly disclose a list of listed companies with persistently low price-to-book ratios (PBR) starting in November 2026. Companies ranked in the bottom 25% of their industry sector for three consecutive years on the Kospi index, or bottom 10% on the Kosdaq, will receive a "low PBR" label on trading platforms. Simulation data from May showed approximately 120 to 220 companies could be affected

According to the Saudi Press Agency, Jordan's military said it shot down a drone in its airspace today (July 28). Further details about the incident were not disclosed.

Spot silver fell below $57 per ounce today, declining 2.41% intraday.