Gate Crypto Flash News and Market Updates

According to financial investment industry sources, KB Asset Management launched the 'RISE Kosdaq Covered Call Active' ETF on August 2, targeting annual monthly distributions of approximately 15%. This follows Kiwoom Investment Asset Management's earlier introduction of the 'KIWOOM Kosdaq 150 Covered Call Active' ETF, strengthening the product lineup based on the Kosdaq 150 index. The covered call strategy involves holding stocks and collecting premium from selling call options on the upside, wi

According to Lee Jae-man, head of global investment analysis at Hana Securities, KOSPI could reach 10,380 and S&P 500 could hit 9,240 in the second half of 2026, contingent on hyperscalers maintaining operating margin defense, positive free cash flow, and limited U.S. rate increases. Global liquidity has reached a record-high $120 trillion, while KOSPI-listed company net profit is projected at 689 trillion Korean won this year and 853 trillion won in 2027. Samsung Electronics and SK Hynix, which

According to CCTV News, Kuwait's Armed Forces shot down an enemy drone in the country's airspace on August 1, local time. The incident followed what Kuwait attributed to Iranian attacks on government facilities in northern Kuwait and a private company vehicle on Bubiyan Island. No casualties were reported, though debris from the intercepted drone damaged facilities on the ground.

According to Coinglass data cited by ChainCatcher, over $257 million in positions were liquidated across crypto derivatives markets in the past 24 hours on August 2. Long positions accounted for $171 million of liquidations, while short positions saw $85.54 million wiped out. Approximately 69,273 traders were liquidated during the period. The largest single liquidation occurred on Binance's ETHUSDT pair, totaling $9.21 million.

According to South Korea's Korea Securities Depository portal and Citi Global Markets, South Korean retail investors lost approximately 50 trillion Korean won in U.S. stock holdings over June and July, despite pouring net inflows of 53 billion dollars into American equities during the same period. Over the two months, South Korean investors' U.S. stock holdings declined from 204.1 billion dollars to 170.4 billion dollars—a 16.5% loss—far exceeding losses in the S&P 500 (-1.88%) and Nasdaq (-6.85

The National Supercomputing Internet officially launched the DeepSeek-V4-Flash-0731 model API on July 31. The model supports one-click integration for enterprises and developers without environment configuration. The platform's AI community has aggregated over 1,700 open-source large models and operates China's first 100,000+ GPU supercomputing resource pool.

According to OpenAI, the company recently disclosed disrupting a Cambodia-based criminal organization that leveraged ChatGPT to conduct investment fraud, romance scams, gambling schemes, and impersonation of law enforcement. The organization used ChatGPT to create fake identities, generate and translate fraud scripts, produce promotional content, and handle operational tasks. OpenAI said it has banned associated ChatGPT accounts and shared threat indicators with industry partners and authorities

According to PPP prediction market monitoring, Polymarket odds for US-Iran peace talks occurring by August 31, 2026 surged to 51% today, up 17% in 24 hours. The probability of talks by August 15 climbed to 27%, gaining 13% over the same period. Trump announced today on social media that he received Iran's request to halt attacks and agreed to cancel strikes in exchange for a framework agreement. The framework includes immediate, complete reopening of the Strait of Hormuz and the elimination of I

According to Odaily, as of end of July, South Korea's five major banks—KB Kook Min, Shinhan, Korea Exchange Bank, Woori, and NH Nonghyup—saw deposit balances reach 973.49 trillion won, up 24.09 trillion won from the previous month, marking the largest monthly increase this year. Investor appetite for stocks has weakened amid semiconductor sector weakness and tightening leverage regulations. Securities account balances, representing cash available for stock trading, dropped to 107.20 trillion won

According to Yonhapinfomax, South Korean President Lee Jae-myeong returned to Seoul today (August 3) after completing an 11-day diplomatic tour of the United States, Brazil, Chile, and Argentina. During the visit, the government advanced artificial intelligence cooperation with the U.S. and established critical mineral supply chain networks and trade partnerships with South American nations. Lee will resume domestic policy briefings starting August 4, facing multiple domestic challenges includin

Tech and semiconductor stocks staged a dramatic two-day rally in late July, with South Korea's KOSPI index surging 18.5% and U.S. semiconductor shares posting their best two days since June. The initial selloff was triggered by hedge fund Situational Awareness, which faced margin calls due to leveraged losses on AI-related positions and was forced to liquidate holdings, exacerbating the downturn. Citadel subsequently acquired most of Situational Awareness' stock portfolio, providing temporary re

According to PANews and Yonhapnews, on August 2, South Korea's police established a 41-member virtual asset tracking team to combat drug trafficking via cryptocurrency and will intensify investigations into Telegram drug sales networks starting August 3. From March to June 2026, law enforcement arrested 5,203 drug offenders and detained 1,039 individuals, marking a 1.8% increase in arrests and 7.8% increase in detentions compared to the same period last year.

According to Jeff Pu, an analyst at Guotai Junan Securities, Apple's iPhone 18 Pro series prices are expected to increase by $250 to $300 compared to the current generation. The iPhone 18 Pro base model could rise to $1,399, while the iPhone 18 Pro Max may start at $1,499. The price hikes are driven by higher costs for RAM, NAND flash memory, and Apple's expected adoption of TSMC's 2-nanometer process for the A20 chip series. Counterpoint Research estimates a more modest $200 increase for the Pr

According to CryptoQuant head of research Julio Moreno, Bitcoin transfers below 1 BTC reached their highest daily level since the FTX collapse on Friday, with 39,600 BTC moved. The figure was just 300 BTC below the 39,900 BTC transferred on November 16, 2022, shortly after FTX filed for bankruptcy. Galaxy Research reported Saturday that the latest identified wave of the suspected Coldcard hack drained an additional 207.7 BTC (worth approximately $13.2 million), bringing estimated total losses to

On August 1, China's State Administration of Foreign Exchange held a video conference to deploy foreign exchange management priorities for the second half of 2026. The agency outlined plans to steadily expand institutional openness in the forex sector, including trade facilitation reforms such as optimizing foreign exchange management for current account transactions, promoting high-level opening policies for cross-border trade, supporting emerging trade models like cross-border e-commerce, and

According to Morgan Stanley's 120-page report released on July 27, the bank identifies "Time to Power" (the time required to secure electricity supply for data centers) as the most significantly underpriced investment theme in the AI infrastructure sector. The report argues that while market concerns about AI stock pullbacks stem from technical factors rather than fundamental deterioration, the real scarcity for cloud giants is no longer capital expenditure but operational space with available p

According to Arkham monitoring data tracked by ChainCatcher, Morgan Stanley purchased approximately 114.644 BTC through its spot Bitcoin ETF MSBT (MSBT) for $7.21 million. The firm's total Bitcoin holdings have surpassed 6,231 BTC, valued at over $390 million.

According to the Ministry of Industry, Trade and Resources, South Korea's Industry Minister Kim Jung-gwan held an emergency video conference on August 2 to assess crude oil and naphtha supply amid escalating Middle East tensions. The meeting reviewed supply status, inventory levels, and contingency plans, considering worst-case scenarios including simultaneous blockades of the Strait of Hormuz and Bab El-Mandeb. Crude oil supplies for August and September have been secured above year-average lev

According to data from the Financial Supervisory Service presented to lawmaker Lee Jong-wook, stablecoin outflows from South Korea's five major exchanges totaled 5.603 trillion won in June, with cumulative outflows exceeding inflows for 18 consecutive months. The June net outflow represented 77.6% of domestic investors' overseas stock purchases during the same period. Overseas exchanges have begun offering leveraged products tied to major Korean stocks including Samsung Electronics and SK Hynix

According to Maeil Business Newspaper, Microsoft and Amazon emerged as clear winners in the latest earnings season as investor focus shifted from AI capital spending to profitability and free cash flow generation. Microsoft reported Q4 2026 revenue of $90.07 billion, up 18% year-over-year, with Azure cloud services surging 43% and annual revenue exceeding $100 billion for the first time. The strong results fueled a 15% stock surge on July 30. Amazon similarly posted Q2 2026 revenue of $200.6 bil