Gate Crypto Flash News and Market Updates

According to Korea Stock Exchange, for the week ended July 16, KODEX WTI Crude Oil Futures ETF surged 10.67%, leading South Korea's ETF market amid rising international crude oil prices. TIGER Crude Oil Futures Enhanced ETF climbed 10.14% to rank second, while defensive products including high-dividend and covered call ETFs also posted solid gains, with PLUS High-Dividend Weekly Covered Call rising 4.92% and multiple dividend-focused covered call products advancing between 2.5% and 2.7%. Convers

According to Tasnim News Agency, two vessels encountered an incident while navigating the southern line of the Strait of Hormuz, while two other vessels abandoned passage through the waterway.

According to CryptoSlate partner coverage citing miningpoolstats.stream data, as of June 23, 2026, four mining pools—Foundry Digital, AntPool, ViaBTC, and F2Pool—controlled over 70% of Bitcoin's hashrate. The breakdown was: Foundry Digital at 31%, AntPool at 18%, ViaBTC at 13%, and F2Pool at 10%. D-Central's H1 2026 analysis put Bitcoin's Nakamoto coefficient at 3 as of June 19, 2026, meaning only three pools were required to exceed 50% of all blocks mined.

According to Korea Exchange, KOSPI's intraday average volatility reached 6.75% through July 16, marking the highest level since the exchange began tracking data in 1987, exceeding the 2008 financial crisis peak of 6.11% and the 1997 Asian financial crisis level of 5.37%. The VKOSPI fear index, South Korea's volatility gauge, stood at 87.14 on July 16 and hit 96.94 on July 29, the highest since April 2009. Year-to-date, KOSPI recorded three instances of double-digit intraday swings—March 4 at 11.

According to the Ukrainian Air Force and Kyiv Mayor Vitali Klitschko, Russian forces launched large-scale missile and drone attacks against Ukraine overnight on July 18-19, targeting the capital Kyiv. The strikes resulted in 1 death and 15 injuries in the city.

According to Financial News on July 19, South Korean activist funds are shifting their focus from dividend expansion and share buybacks to demanding independent board structures. Align Partners proposed independent board systems to JB Financial Holdings and BNK Financial Holdings, requesting they review merger synergies. On the same day, Truestone Asset Management publicly called on Tae Kwang Industries' board to demonstrate independence in overseeing management, demanding a response within 30 d

According to Jin10, Russian forces launched a large-scale missile and drone attack on Kyiv on the evening of July 18 through the early morning of July 19, killing 1 and wounding 15, according to Kyiv Mayor Vitali Klitschko. Ukraine's air force said Russia fired 41 missiles and 125 drones, including 10 Zircon hypersonic missiles. As of 8:30 a.m. on July 19, Ukrainian air defense and electronic warfare forces intercepted 18 missiles and 108 drones, while Russian strikes hit 20 locations with 18 ad

According to IRNA on July 19, Bahrain experienced multiple explosion sounds, with authorities issuing alerts in response to the incidents.

According to CryptoQuant analyst Darkfost, Bitcoin is constructing crucial support levels in the $59,000-$70,000 range, one of the most heavily defended price zones in the asset's history. Approximately 50% of Bitcoin's total supply has already changed hands above the $59,000 level, with the percentage climbing higher when excluding lost coins. The shift has been driven primarily by short-term holders, with market participants showing diverging behaviors—some selling amid panic while others cont

According to Bloomberg, Dark Matter has informed investors of plans to complete an initial public offering in Hong Kong within six months. The AI company formally distributed shareholder resolutions seeking investor approval for the listing, with sources indicating the filing could accelerate the timeline to approximately half a year. The company is currently completing a fundraising round that may push its valuation above $30 billion, with management citing the current market timing as favorabl

According to F&Guide, target price downgrade reports issued by South Korean securities firms reached 323 between July 1-16, surpassing upside revisions of 249 for the first time this year. Downgrades across shipbuilding, secondary batteries, entertainment, and other sectors reflect fading profit momentum in sectors expected to lead market rallies after semiconductor stocks paused. Downgrade reports remained concentrated on stocks such as Hanwha Ocean (10 downgrades), Hyundai Motor and Kakao (9 e

According to the Electronic Transactions Association's press release, BitPay became the first virtual currency company to join the ETA on August 6. The ETA, which represents major payment companies including Visa, MasterCard, Amazon, and PayPal, said it expects "more such partnerships as the payments industry innovates for the future." In an interview with CoinDesk, ETA CEO Jason Oxman stated that the organization is "open to work with emerging tech startups, including Bitcoin-related companies,

According to PPP prediction market tool monitoring, on Polymarket, a whale account (0x5b4ec9c06b284ee52c41a761974d836992880232) has purchased over $1.054 million in prediction shares betting on Spain to win the 2026 World Cup final against Argentina. The position was opened at an average price of $0.593 per share, totaling 1,776,446.7 shares. The 2026 World Cup final between Spain and Argentina will take place on July 20 at 3:00 AM Beijing time at MetLife Stadium in New Jersey, United States, ma

According to President Volodymyr Zelensky, Ukrainian forces based in Kyiv struck three oil depots and one fuel facility in Russia's Stavropol region overnight (July 18-19).

According to CCTV, over the past week, the U.S. military conducted successive strikes on Iranian ports, bridges, power systems, energy facilities, and desalination plants. A CCTV correspondent in Tehran observed that the attacks increasingly impact the daily life of ordinary Iranian citizens. In response, Iran has repeatedly warned that if the U.S. continues to target Iranian infrastructure, it will launch strong counterattacks on regional installations. While the conflict scale remains below ea

According to Jin10, E Fund issued a premium risk warning on July 19 for its China Crude Oil LOF (QDII), a fund investing in offshore crude oil ETFs. As of July 15, the fund's net asset value stood at 1.5908 yuan per share, while its July 17 closing price on the secondary market reached 1.814 yuan, representing a 13.97% premium. The fund manager cautioned investors to monitor secondary market trading prices and make prudent investment decisions, noting it may implement measures such as intraday t

According to ChainCatcher and on-chain analyst Ai Yi, an address opened a $2.155 million TWAP short position in CXMT on Hyperliquid on July 19. The position involves 300,000 CXMT tokens at an average entry price of $7.1825 per token and has executed 1.14% of the total order. The account's margin balance is $15 million, and if fully executed, this position would become the second-largest CXMT holdings on the platform.

According to the financial investment industry on July 19, SK Hynix confirmed that the 25% (1.779 billion shares) ADR deposit limit registered with the SEC represents contingency reserves rather than an actual conversion capacity threshold. Actual conversion of domestic shares to ADR beyond 2.5% would require additional listing procedures, similar to TSMC's multi-year approval process involving board authorization and regulatory oversight. Hynix ADR closed at $154.03 on July 17, maintaining a 24

According to LSEG IBES data, Alphabet, Intel, Texas Instruments, and Tesla will report Q2 earnings next week (starting July 22), with markets expecting S&P 500 companies to post earnings growth of about 26% year-over-year. Alphabet's capital expenditure guidance for AI infrastructure and Intel's chip business performance will be key metrics for assessing industry momentum. However, analysts note the core challenge is that growth expectations are already priced in at elevated levels; semiconducto

According to U.S. media reports disclosed on July 18, a draft nuclear agreement between the United States and Saudi Arabia allows Washington to transfer nuclear materials and technology to Riyadh's civilian nuclear projects without requiring the kingdom to implement comprehensive non-proliferation measures. The disclosure has sparked criticism over Washington's contrasting approach to nuclear issues. While the U.S. has pursued military operations against Iran over concerns about its nuclear prog