Gate Crypto Flash News and Market Updates

According to China's Ministry of Commerce, Brazilian beef imports under safeguard measures reached 80% of the specified quantity on July 21. Per Ministry of Commerce Announcement 2025 No. 87, an additional 55% tariff will be imposed on current applicable tariff rates starting from the third day after imports reach 100% of the specified quantity.

According to South Korea's insurance industry, the combined loss ratio for auto insurance among five major insurers—Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, and Meritz Fire & Marine—reached 84.1% on a simple average basis for the first half of 2026 as of July 22. This represents a 1.5 percentage point increase compared to the same period last year. For June alone, the five insurers' loss ratio stood at 83.7%, up 1.8 percentage points year-over-year.

According to South Korea's Ministry of Industry, Trade and Resources, Industry Minister Kim Jung-gwan is visiting Washington, D.C., from July 22 to 25 to discuss trade negotiations with U.S. Commerce Secretary Howard Lutnick and other officials. The delegation, led by Minister Kim and Trade Negotiation Bureau Chief Yeo Han-ku, will focus on anticipated Section 301 tariffs the U.S. government plans to impose, as well as bilateral investment projects and semiconductor industry cooperation. The U.S

According to Bitcoin.com News, Falcon Finance launched a USDf payment card today (July 22) enabling users in over 90 jurisdictions to spend the stablecoin online, offline, and via mobile wallet. Users can mint USDf by depositing eligible collateral or acquire it from secondary markets. The card carries no annual fee and incurs no additional transaction charges beyond forex costs. Cardholders can also stake USDf separately to earn sUSDf, a yield-bearing product.

According to Tencent Self-selected Stocks, on July 22, the Hang Seng Index opened down 0.61% while the Hang Seng Tech Index fell 0.71%. Semiconductor stocks outperformed, with Maxim Integrated (03986) rising over 3%, Lastour Technology and SMIC gaining nearly 2% each.

According to its official announcement, Bitcoin miner Ionic Digital received SEC approval for its S-1 registration statement, with class A common shares set to begin trading on Nasdaq Global Select Market on July 28 under ticker symbol IOND. The company will conduct a direct listing without selling any new shares or receiving proceeds from shareholder sales.

According to the Reserve Bank of Australia, a survey released on July 22 found that inflation remains the top economic concern for Australians. The central bank also noted that the public holds a fundamental knowledge gap regarding how monetary policy operates. However, public trust in the RBA remains comparable to other Australian and international institutions and has remained stable since early 2025, with higher trust correlating with lower inflation expectations.

According to Bitget, India's largest asset management company SBI Funds Management listed on the Mumbai stock exchange on July 21, closing up 6.2% on its first day at 609.75 rupees per share, valuing the company at 1.24 trillion rupees, or approximately $12.89 billion. The IPO raised $1.03 billion, marking India's largest IPO of 2026. The offering attracted around $31 billion in subscriptions and drew anchor investments from BlackRock as well as sovereign wealth funds from Singapore, Abu Dhabi,

Platinum futures contracts rose 4% intraday on July 22, trading at 415.55 yuan per gram.

U.S. Secretary of State Marco Rubio reiterated that the United States is committed to addressing Middle East and Iran issues through diplomatic channels. The U.S. remains open to negotiation, according to his statement.

According to Coinglass data, liquidations across derivatives markets hit $207 million in the past 24 hours. Short positions liquidated $160 million while long positions accounted for $46.89 million, with Bitcoin shorts liquidating $64.99 million and longs $7.55 million. A total of 71,718 traders were liquidated during the period, with the largest single liquidation occurring on Binance BTCUSDT worth $4.27 million.

According to BlockBeats, on July 22, Hong Kong storage stocks opened higher across the board. Southern 2x Long Hynix (leveraged ETF tracking SK Hynix) jumped nearly 15%, while Southern 2x Long Samsung Electronics surged over 10%. Other semiconductor stocks also gained, with GigaDevice up more than 3% and Langchao Technology up nearly 2%, according to Bitget market data.

According to the Korea Exchange, South Korea's National Pension Service bought a net 28.3 billion won in stocks from July 1–21, reversing market concerns about massive selloffs triggered by its rebalancing program restart. Between July 14–21, the fund made net purchases across five consecutive trading days totaling 301.5 billion won, with KOSPI plunging 20.4% from 8,470 to 6,740 during the period. The fund's largest single purchase was SK Hynix at 445.8 billion won, as the chip maker fell 25.1%.

According to CoinDesk, Galaxy Digital launched a $5 million fund on July 21 to support Bitcoin developers working on quantum-resistant protections. The fund is accepting grant applications focused on quantum-resistant signature schemes, wallet migration tools, and security audits.

According to Odaily, S&P Dow Jones Indices and Pantera Capital jointly launched the S&P Pantera Digital Asset Index, targeting institutional investors seeking systematic digital asset allocation. The index excludes Bitcoin and meme coins, focusing solely on tokens with real utility and actual revenue streams, weighted by float-adjusted market capitalization. The inaugural portfolio includes 18 holdings, with combined annual revenue exceeding $3 billion over the past two quarters, including Hyper

Deming Li fell 5.51% on July 22, as the company indicated during institutional investor meetings that it strengthened strategic inventory reserves in the second quarter. Management stated that current inventory levels can support business operations for at least the next six months.

According to S3 Partners, SpaceX short positions reached 206 million shares, representing 32% of the company's public float, as of July 22, with an estimated notional value of approximately $25 billion. The spike marks a significant increase from one month prior, when short positions stood at around 40 million shares, or 5-7% of the float. SpaceX is set to release its first quarterly earnings report following its listing on August 4 after U.S. market close.

According to MSX.COM data, U.S. stock indices closed higher on July 22, with the Nasdaq rising 1.29%, the S&P 500 up 0.89%, and the Dow Jones up 0.74%. The VIX fear index fell 8.58%. AI stocks rallied broadly, with Micron leading gains at 12.17%, followed by Teradyne up 12.07%, CoreWeave up 8.92%, Ambarella up 8.52%, and AMD up 8.11%.

According to Odaily, Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, and Naver Chairman Lee Hae-jin will meet Nvidia CEO Jensen Huang in Silicon Valley this week, with July 24 as a likely date. The roundtable session will also potentially include OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei, covering AI market sectors including storage, GPU, and generative AI services. The meeting precedes the supply of Nvidia's next-generation Vera Rubin AI platform. Discussio

According to Lookonchain, an address sold 1,862.3 ETH at $1,923 after holding for 5 months, resulting in a $1.42 million loss representing a 28% decline. The address had originally purchased the ETH in January at $2,685 per coin, when prices dropped during that period.