Gate Crypto Flash News and Market Updates

According to White House officials, U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy will meet in Washington on July 28. The meeting follows reports that Russia is likely to launch a new large-scale airstrike as early as tonight or in the coming days, according to British media. A Russian airstrike in the Kyiv region killed 10 people on July 25, according to Ukraine's prosecutor general. Zelenskyy stated that intelligence indicates Russia plans to increase its military for

According to Newsis, Samsung Electronics and SK Hynix shares fell sharply on July 24 amid concerns over NAND flash price weakness and rising oil prices. Samsung Electronics declined 6.48% to 252,500 won, while SK Hynix fell 6.67% to 1,791,000 won. However, major brokerages including KB Securities and Future Asset Securities maintain their bullish outlook, with KB keeping Samsung's target price at 600,000 won and SK Hynix at 4,200,000 won, arguing that recent weakness reflects NAND price concerns

According to Bloomberg, Qualcomm notified customers on Friday (July 24) that prices for products shipped from September 1 will increase by double digits. The chipmaker cited its inability to absorb further supplier cost increases and said efforts to source alternative components from new suppliers have been limited. The price hike reflects unprecedented semiconductor supply shortages affecting smartphones, data centers, and automotive sectors, as AI-driven demand for memory chips and other compo

According to Yonhapinfomax, South Korea's President Lee Jae-myung met with Broadcom CEO Hock Tan on July 24 (local time) in San Francisco to discuss cooperation on building Korea's artificial intelligence ecosystem. Tan confirmed Broadcom's commitment to contribute to Korea's sovereign AI initiative through two main collaborations: co-developing cutting-edge high-bandwidth memory (HBM) technology with Samsung Electronics and SK Hynix, and developing custom semiconductors tailored for domestic AI

According to Yonhapinfomax, South Korean President Lee Jae-myung outlined the country's artificial intelligence strategy on July 24 during a keynote speech at the Global AI Summit in San Francisco. Lee stated that South Korea will become an indispensable core nation in the global AI supply chain, positioning itself as an AI semiconductor production hub, global test bed, and cooperation platform connecting the world AI market. The president pledged that South Korea would serve as a reliable AI se

The U.S. Department of Agriculture will open the Douglas port of entry in Arizona for cattle trade starting August 24, according to the agency announcement.

According to ARK data cited by unfolded, Bitcoin's 1-year realized volatility declined to approximately 42% by the end of Q2 2026, approaching multi-year lows. The metric suggests the asset is maturing or experiencing suppressed volatility, with historically low readings often preceding sharp volatility spikes following market catalysts.

According to Korea Exchange data released July 24, South Korea's single-stock leveraged ETF market concentration remains largely unchanged one week after the Financial Services Commission unveiled supplementary regulatory measures. The combined market capitalization of 16 such products grew from 4.4 trillion Korean won on the launch date (May 27) to 11.9 trillion won as of July 15, though trading volumes and asset concentration patterns have shown no significant improvement following the regulat

U.S. Central Command completed its 13th consecutive strike on Iran on July 25, according to an official statement. Iran rejected ceasefire proposals unless its demands regarding the Strait of Hormuz are met, said Foreign Minister Araghchi. Meanwhile, the U.S. Treasury Department announced a new round of sanctions against Iran, escalating tensions in the ongoing military conflict.

X product lead Nikita Bier announced on July 25 that the platform has removed 42,000 accounts found using chatbot auto-replies to users. Bier stated that automated interactions via AI without human intervention contradict X's core mission of reflecting authentic human expression.

According to the People's Bank of China, the central bank released a draft regulatory framework governing multi-purpose prepaid card operations for public comment on July 25. The framework, titled the Management Measures for Type II Stored-Value Account Operations, sets standards for non-bank payment institutions that issue these cards across regions and industries. The draft regulation covers transparency, fund safety, information protection, and accountability requirements. Multi-purpose prepa

According to Hkej Investment Research, Tesla and Alphabet tumbled 14.5% and 7.1% respectively on Thursday, July 23, following disappointing quarterly earnings, triggering broad weakness across the Magnificent Seven, which collectively shed $797 billion in market value—equivalent to more than two HSBC-sized companies and the steepest single-day loss since April 2025. The selloff was amplified by geopolitical tensions, with Brent crude oil surging above $100 per barrel for the first time since May

President Lee Jae-myung met OpenAI CEO Sam Altman on July 24 in San Francisco to request active participation in South Korea's three mega artificial intelligence infrastructure projects. According to Yonhapinfomax, Lee characterized the initiatives as "national strategic decisions" and emphasized their importance as Korea restructures its industries around AI. Altman praised Korea's AI policy and leadership, stating that the government demonstrated "among the most important efforts in the world"

According to Rappler, The Economist retracted its April forecast for Brent crude to reach $88 per barrel by year-end on July 2, after spot prices plummeted to slightly over $70. The publication's reversal reflects the failure of linear oil forecasts during wartime, when supply disruptions, inventory releases, demand shifts, and geopolitical risks create complex feedback loops that static models cannot predict. The Middle East conflict caused the largest physical oil supply disruption in history,

Tesla CEO Elon Musk announced on July 25 that the company plans to open-source the software for Model S and Model X vehicles, aiming to expand its software ecosystem.

According to Odaily, Changxin Memory's perpetual market discovery boundary will be adjusted to 50% at 23:00 UTC on July 26. The adjustment follows the anticipated initial public offering of Changxin Memory on the Shanghai Stock Exchange's STAR Market on June 27, as reported by trade.xyz on X.

According to Grayscale, today, the cryptocurrency firm released analysis suggesting bitcoin's bear market bottom depends on Federal Reserve policy rather than traditional four-year halving cycles. Head of research Zach Pandl outlined two scenarios: the historic model predicts a bottom in September or October with continued weakness, while a macroeconomic framework suggests the bottom may have already formed if the Fed avoids rate hikes and U.S. growth remains stable through 2026. Grayscale argue

According to Yonhapinfomax, the USD/KRW exchange rate retreated to 1,458.50 won on July 25, down 15.70 won from the previous day's New York close of 1,474.20 won. The decline was driven by sustained dollar-selling pressure from South Korean exporters and offshore dollar futures positions, which accumulated over consecutive trading days. Foreign investors continued to net-sell dollar futures, with positions exceeding 38,000 contracts. The pair had earlier peaked at 1,476.30 won before shifting sh

According to Yonhap Infomax, NVIDIA CEO Jensen Huang announced on July 24 (local time) in San Francisco that the company will establish a $500 billion business partnership with South Korea's SK Group. Huang also revealed plans for major investments in Naver, South Korea's leading cloud company, and partnerships with SK Hynix and Samsung Electronics on chip and memory design. Huang further announced the establishment of an NVIDIA AI Frontier Lab in South Korea, with leading AI researchers relocat

According to Edaily, on July 25, Shinhan Financial Group's CFO indicated the company is considering acquiring Lotte General Insurance at below 1 trillion won, revealing active price negotiations with major shareholder JKL Partners. The acquisition price has dropped to roughly half its 2024 valuation of 2-3 trillion won. JKL Partners, which invested approximately 880 billion won since acquiring the insurer in 2019, faces resistance to accepting a sub-1-trillion-won deal after seven years of capit