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
22:51

Korea Exchange Plans Three-Tier KOSDAQ Restructuring by Year-End; Alteogen Stays Despite KOSPI Option

According to Min Kyung-wook, deputy president of Korea Exchange, KOSDAQ plans to restructure its market into three tiers—Select, Standard, and Alert—by the end of 2026 to revitalize the 30-year-old market. The exchange aims to attract institutional capital through the Select segment while ensuring funding flows to Standard companies via active ETFs and index-linked products. Alteogen, KOSDAQ's largest company by market capitalization, announced it will remain on KOSDAQ rather than move to KOSPI,
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22:51

USD-KRW Falls to 1,459.10 Won on July 26 Amid Dollar Weakness

According to overseas brokers, the USD-KRW 1-month NDF rate in New York fell to 1,459.10 won on July 26, declining 7.20 won from Seoul's spot market closing price of 1,466.60 won on the previous day. The bid was 1,458.90 won and the ask was 1,459.30 won. Meanwhile, WTI crude oil for September delivery fell 3.1% to around $89 per barrel, while the U.S. services PMI for July reached 53.6, the highest level in eight months.
22:49

South Korea's KOSPI Falls 1.91% Amid Five-Week Semiconductor Decline, as $950B AI Cooperation Deal Emerges

According to SK Securities, South Korea's KOSPI index fell 1.91% to 6,690.62 as of late July 27, amid five consecutive weeks of semiconductor stock weakness. Semiconductor shares had dropped 5.72% on July 24, with futures posting further declines of 2.8% after market close. High volatility persisted, with circuit breakers triggered for 10 consecutive trading days. Countering AI investment peak-out concerns, a $950 billion AI and semiconductor cooperation agreement between domestic companies and
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22:45

EQT Returns €17 Billion to Fund Investors in H1 2026

According to EQT, the global private equity firm returned approximately €17 billion in cash to fund investors during the first half of 2026, as highlighted by CEO Per Franzén in the company's H1 report. The emphasis on cash distributions underscores PE firms' focus on returning capital to limited partners.
22:43

U.S. PE Funds Hit Record $348.5B in 10+ Year Unrealized Assets as LPs Shift Focus to Cash Distribution

According to PitchBook data released on July 27, U.S. buyout funds with 10 or more years since establishment held a record $348.5 billion in net asset value (NAV) by the end of 2025, driven by delayed exits amid rising interest rates and valuation compression. The buildup of aging, unsold assets reflects prolonged exit challenges and increased reliance on continuation funds—vehicles that extend holding periods while offering LPs a partial cash return opportunity. LP evaluation priorities are shi
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22:37

Samsung's Lee Jae-yong Calls for Next Generation to Dream Bigger in AI Era at San Francisco Summit

According to Yonhap News, on July 25, Samsung Electronics Chairman Lee Jae-yong referenced South Korean President Lee Jae-myung's autobiography during the San Francisco AI Summit, calling for the next generation to dream bigger dreams in the AI era. Lee cited a story from the president's memoir about a young boy in a rural area who was inspired by watching a helicopter land on his school playground 50 years ago. The Samsung chairman pledged that the company would make every effort to enable the
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22:31

Intel Posts Earnings Beat With 59% Server CPU Growth, Strongest in 15 Years; Wall Street Split on Outlook

According to multiple Wall Street analysts, Intel's latest earnings beat expectations with earnings per share surging 2x forecast and revenue exceeding guidance by 25%, driven by 59% server CPU sales growth—the strongest in 15 years as demand for AI data center chips accelerates. However, analyst views diverged sharply: Bank of America reiterated a buy rating with a $160 target price, citing Intel's successful pivot to AI servers and positive progress in foundry operations. Goldman Sachs raised
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22:31

SK Hynix, Samsung Electronics to Post Record Q2 Earnings on July 29-30; Brokers Raise Price Targets

According to F&Guide data and Maeil Business Newspaper, SK Hynix and Samsung Electronics are set to announce record-breaking second-quarter earnings on July 29-30. SK Hynix Q2 revenue is projected at 84.17 trillion won, surging 278.6% year-over-year, with operating profit estimated at 64.24 trillion won, nearly 7 times higher than the prior year. Samsung Electronics has already disclosed provisional Q2 revenue of 171 trillion won and operating profit of 89.4 trillion won, marking its largest qua
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22:27

U.S. Defense Department Reports 642 Military Casualties in Iran Operations Since Late February

According to the U.S. Department of Defense, American military personnel have accumulated 642 total casualties from military operations related to Iran since February 28, with 18 deaths, the Defense Casualty Analysis System updated on July 26. The statistics follow the large-scale joint military action involving the United States and Israel initiated against Iran in late February.
22:25

ILJIN Global Becomes South Korea's First 5 Trillion Won Asset Conglomerate With 1 Trillion Won Cash Reserve

According to BizWatch, ILJIN Global, a South Korean automotive parts conglomerate, was designated in May 2026 as the nation's first publicly announced corporate group with assets exceeding 5 trillion Korean won. As of year-end 2025, the group's domestic subsidiaries held combined assets of 5.06 trillion won, with five operating companies maintaining 1.026 trillion won in cash reserves and zero net debt. Chairman Lee Dong-seop, 55, who inherited operations in June 2023 following founder Lee Sang-
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22:25

Oil Prices Fall 3% After 6-Day Rally, WTI Drops to $85 on Easing Iran-U.S. Tensions

According to Reuters, oil prices fell approximately 3% over the weekend after six trading days of gains, with WTI crude settling at $85 per barrel and Brent at $96, amid signs of potential de-escalation in regional tensions. The decline was driven by reports that Pakistan, with Chinese backing, is seeking to resume talks between the United States and Iran, with Chinese officials expressing concern that Iran's military actions and the blockade of the Strait of Hormuz are damaging China's interest
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22:25

Brazil's Lula Criticizes U.S. Tariffs of 12.5%-37.5% as Strategic Error on July 26

According to CCTV News, on July 26, Brazil's President Lula criticized the U.S. government's new tariffs on Brazilian goods in a Washington Post op-ed, calling them a strategic error. The new tariffs, ranging from 12.5% to 37.5%, are unfair and will harm the U.S. economy and the bilateral partnership, Lula said. He warned the measures will disrupt supply chains currently deeply integrated between the two countries in the medium to long term.
22:23

Spain's Avila Wildfire Hits Record Size, Burns 50,000 Hectares on July 26

According to Spain's Interior Ministry, Avila province's wildfire burned approximately 50,000 hectares on July 26, becoming Spain's largest recorded wildfire. Central Spain's wildfires have destroyed a cumulative 77,000 hectares of land, with additional large-scale fires continuing to burn in neighboring Toledo province as firefighters work to prevent the fires from merging.
22:21

Iran Claims Over 288 U.S. Military Targets Hit in Middle East on July 26

According to CCTV News, Iran's Khuzestan Province Revolutionary Guard commander claimed on July 26 that over 288 U.S. military targets in the Middle East were struck during recent conflicts between Iran and the United States. The official further stated that in a recent operation, a U.S. military base in Jordan had over 11 aircraft destroyed, along with extensive damage to facilities and unmanned systems.
22:21

Putin Affirms Russian Naval Development Plan Will Be Implemented on July 26

According to CCTV News, Russian President Vladimir Putin stated on July 26 while attending naval celebration events in St. Petersburg that the country's navy fleet is a critical factor for national security and holds significant importance in Russia's nuclear triad. Putin affirmed that the naval development plan will be concretely implemented. He also received video briefings from commanders of the Pacific Fleet, Northern Fleet, Baltic Fleet, Black Sea Fleet, and Caspian Flotilla.
22:19

Crypto-Rich Investors in South Korea Shift Billions to AI Stocks and Real Estate

According to South Korean banks and brokers, crypto investors who built wealth through digital assets are increasingly reallocating their portfolios to AI-related equities, ETFs, and real estate instead of pursuing further crypto investments. Recent consultations at major institutions including KB Kookmin Bank, Korean Investment & Securities, and Hana Securities show clients pivoting from aggressive trading toward stable asset management, tax optimization, and long-term wealth preservation. Inve
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22:15

Netanyahu Says Israel-Iran Conflict to End Only When Iran's Nuclear Program Abandoned or Regime Falls

On July 26, Israeli Prime Minister Benjamin Netanyahu said in an interview that Israel and Iran's conflict will only end when Iran's current regime falls or is weakened enough to abandon its nuclear program. He emphasized that Iran's nuclear efforts must cease regardless of any agreement. Regarding his planned meeting with U.S. President Trump, Netanyahu stated the focus is not to deliver new intelligence, as Israeli and U.S. military and intelligence agencies are already cooperating closely. Ne
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