Gate Crypto Flash News and Market Updates

According to a U.S. Defense Department official cited by CNN, the United States has paused military strikes against Iran as of July 26. This follows 13 consecutive nights of strikes. The U.S. Central Command did not announce new operations against Iran on Friday and Saturday.

According to Jin10, NVIDIA announced on July 25 that it is partnering with Seoul National University to establish the NVIDIA AI Technology Center (NVAITC) in South Korea. The center will focus on AI research, expert training, and educational programs, with joint research areas spanning foundational models, accelerated computing, physics AI, and scientific AI. Both organizations also plan to develop computing infrastructure solutions to support large-scale AI research, utilizing NVIDIA's open-sou

According to Elon Musk in an Economist interview on July 25, China could likely become the global leader in artificial intelligence in the future. Musk stated that even if the United States bans Chinese AI models, it would not prevent China from achieving this position.

According to MarketWatch, U.S. semiconductor stocks fell sharply on Friday (July 24), with the iShares Semiconductor ETF (SOXX) closing down 4.40%. Major chip makers were hit hard: Intel dropped 7.89%, Micron fell 6.99%, Coherent plunged 9.84%, and Lumentum declined 8.47%. Mizuho Securities Managing Director Daniel O'Regan attributed the selloff to multiple overlapping factors rather than a single catalyst. He cited three key concerns: first, Intel's strong Q2 earnings failed to lift the stock,

On Friday, July 24, Trump's administration announced a Section 301 investigation against the European Union, citing EU antitrust fines imposed on American tech companies including Google and Apple. Trump stated on Truth Social that the EU was "plundering American businesses," warning that large-scale tariffs against the EU would follow shortly. The move follows the U.S. Trade Representative's announcement the previous day of 10% to 12.5% tariffs on 60 economies, citing forced labor violations in

According to NEWSIS, SK Telecom ended trading on July 26 up 0.50% at 100,000 won but surged nearly 5% during the session amid a market selloff, as analysts raised valuations citing the company's Anthropic stake and AI data center expansion. Securities firms unveiled bullish targets, with Shinyang Securities setting a price goal of 149,000 won—the highest among three major brokers—based on potential upside from AI asset revaluation. iM Securities valued SK Telecom's Anthropic holding at approxima

According to Korean media and OpenAI, Samsung Electronics Chairman Lee Jae-yong met with OpenAI founder Sam Altman at OpenAI's San Francisco headquarters on July 25 to discuss potential cooperation in artificial intelligence and semiconductor fields.

According to Xinhua News Agency, on July 25, Kuwait Petroleum Corporation signed a $16 billion agreement with a consortium of international investors including Blackstone, Brookfield Asset Management, and KKR to develop Kuwait's crude oil pipeline infrastructure. Kuwait Petroleum will establish a joint venture holding 51% stake while retaining operational control. The agreement grants usage rights to 13 domestic crude oil export pipelines.

According to Korea Exchange (KRX) on July 26, physical gold trading volumes in the country's spot market plunged 49% month-over-month to 239,116 grams in July, with trading value halving to 47.09 billion Korean won. Compared to January, volumes dropped 77.1% and values fell 80.6%. Gold prices also declined significantly, falling from a January 29 high of 269,810 Korean won per kilogram to 189,810 Korean won on July 24, marking a 29.7% decline.

According to The Kobeissi Letter on X, global stock market capitalization reached a record $166 trillion this month, representing 137% of global GDP—approaching historical peak levels. The U.S. accounted for approximately $77 trillion or 46% of the global total.

According to SoSoValue data, Bitcoin spot ETFs recorded total net outflows of $240 million on July 24 (U.S. Eastern Time). BlackRock's IBIT led the outflows with $212 million, while Fidelity's FBTC saw $27.9 million in outflows. IBIT has accumulated $60.39 billion in net inflows since inception, while FBTC has reached $10.01 billion. As of the latest update, Bitcoin spot ETF assets under management stood at $77.82 billion, representing 6.05% of Bitcoin's total market capitalization.

According to E-Daily, on July 26, Geumyang postponed the settlement date for its 405 billion won third-party capital raise from a Saudi investment firm to September 30, 2026. This marks the ninth delay in one year, originally scheduled for June 30. The postponement is critical as the company is fighting a delisting decision from the Korea Exchange by arguing operational normalization is possible through the investment. The court granted a two-month extension requiring both parties to submit mate

According to BlockBeats, Michael Burry increased short positions in semiconductor stocks on July 26, purchasing put options at $933.86 for Micron Technology (MU), $210.28 for Nvidia (NVDA), and $535.83 for semiconductor ETF SOXX. He also established additional short exposure in Caterpillar (CAT) at $893.49. The disclosure reflects Burry's continued bearish stance on the semiconductor sector.

According to on-chain analyst Yu Jin, the AFX Trade hacker has exchanged 12,467.4 ETH for BTC on July 26. This follows a July 23 attack on the AFX Trade Arbitrum bridge, where the hacker stole approximately 24 million USDC and subsequently moved the funds from Arbitrum to Ethereum.

According to BenchLife, Nvidia issued GPU package (GPU plus video memory chips) pricing increase notices to downstream manufacturers this week, impacting GDDR7 and earlier-generation GDDR6 memory modules across RTX 5050 and older graphics card models. The primary driver remains surging video memory costs, with 3GB GDDR7 chips now priced between $60-70, compared to $20 for standard 2GB GDDR7 modules—representing a roughly threefold cost increase despite only 50% additional capacity. Retail channe

According to Coinglass data cited by ChainCatcher, the Crypto Fear and Greed Index currently stands at 27, indicating panic status and up 1 point from yesterday. The 7-day average is 28, while the 30-day average stands at 23.

According to Financial News, overseas retail investors purchased $502.13 million worth of SK Hynix American Depositary Receipts (ADRs) during the week of July 17-24. Since the ADRs' Nasdaq listing on July 10, cumulative net purchases have reached $675.54 million. The ADRs closed at $154.57 on July 24 (local time), equivalent to 2.26 million Korean won per share after adjusting for the 10-to-1 exchange ratio. This represents a 28.5% premium over SK Hynix ordinary shares trading at 1.759 million w

According to Korea Exchange, South Korea's KONEX market capitalization fell to 3.29 trillion won as of July 24, marking a 53% decline from 7 trillion won in 2018-2019. Daily average trading volume dropped to 628.85 million won this month, the lowest level since December 2014, despite the market's significantly larger current size. Listed companies on KONEX have also contracted to 108 from 150 in early 2020. New listings plummeted to just 2 companies year-to-date, compared to an annual average of

According to Reuters, Samsung Electronics and Broadcom signed a memorandum of understanding on July 25 to expand collaboration on AI infrastructure. The South Korean government estimated the partnership at more than $200 billion over five years through 2030. Under the agreement, Samsung will supply high-bandwidth memory (HBM) for Broadcom's AI accelerators, manufacture Broadcom chips on 2-nanometer and smaller nodes, and handle advanced packaging including 2.5D integration. Samsung separately an

According to Jin10, on July 24, South Korean retail investors made massive net purchases of single-stock leveraged ETFs worth approximately 450 billion Korean won. The buying reversed a three-day selling streak and targeted Samsung Electronics and SK Hynix leveraged products, with Samsung purchases totaling 103.9 billion won and SK Hynix purchases reaching 350 billion won. The surge followed sharp market declines on July 24, when the KOSPI index dropped over 5% and Samsung and SK Hynix shares fe