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
22:13

South Korean Individual Investors Net Sell 6.8 Trillion Won in 3 Days as Market Rebounds

According to Korea Exchange, individual investors net sold 6.8 trillion won worth of stocks over three trading days (July 21-23), as market fear persisted despite gains. Samsung Electronics and SK Hynix led the selloff with net outflows of 2.16 trillion won and 1.81 trillion won respectively. Investor deposit balances fell sharply from 139 trillion won in early July to 106 trillion won by July 21, a decline of 33 trillion won. Margin financing balances also decreased from 38 trillion won to 33 t
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22:13

South Korea Raises Leverage ETF Deposit Requirements to 30M Won, Halts New Listings on July 19

According to Economist, on July 19, South Korea's policy office announced tightened regulations on single-stock leverage ETFs. The government will raise minimum cash deposit requirements from 10 million won to 30 million won starting August 5, and impose immediate restrictions on advertising and marketing. New listings of leverage, inverse, and covered-call ETF products will be suspended pending market stabilization. The move follows rapid growth of the leverage ETF market to 11.9 trillion won i
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22:13

BlackRock Acquires 5% Stakes in 5 Major Korean Companies Including Ecopro and Korea Aerospace

Recently, BlackRock, the world's largest asset manager, has significantly increased its holdings in major South Korean companies. The firm has acquired stakes exceeding 5% in both Ecopro and Korea Aerospace Industries (KAI), marking the first time it has become a major shareholder in five Korean firms. This expansion comes despite BlackRock's recent downgrade on emerging market investments, indicating continued capital inflow into core Korean enterprises.
22:09

U.S. 10-Year Treasury Hits 18-Month High at 4.703% as Brent Oil Surges 7% Past $100 on July 23

According to Yonhapinfomax, on July 23 U.S. Treasury yields rose sharply amid geopolitical tensions. The 10-year yield reached 4.703%, marking an 18-month high, as Brent crude climbed 7% to $100.69 per barrel following reports of tanker attacks in the Red Sea and U.S. President Trump's threat of a major strike against Iran. The 30-year yield approached 5.20%, last seen in 2007. Weekly initial jobless claims fell to 187,000, beating the forecast of 212,000 and hitting a 57-year low, though analys
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22:06

Black Forest Labs Launches FLUX 3 with Video Generation and Robotics Model

Black Forest Labs released FLUX 3 on Thursday, its first model to generate video alongside still images. The system produces clips up to 20 seconds long with synced audio, including dialogue and sound effects. According to early evaluations, FLUX 3's output was preferred over Runway Gen-4.5 in 77% of comparisons and over Luma Ray 3.2 in 93%. The same backbone powers FLUX-mimic, a robotics model developed with mimic robotics and already being tested by Audi on its production line for complex soft
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22:06

Federal Reserve Maintains 65.3% Probability of No Rate Change in July, 34.7% Chance of 25bp Hike

According to CME Fed Watch, as of July 24, the probability of the Federal Reserve maintaining rates unchanged in July stands at 65.3%, with a 34.7% probability of a 25 basis point hike. For September, the CME tool shows a 57% probability of cumulative rate increases of 25 basis points and a 25.4% probability of 50 basis points, with only a 17.6% probability of maintaining rates unchanged.
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22:06

Paulson Says Gold Bull Market in Early Stages as NOVAGOLD Agrees Donlin Gold Deal

According to CNBC, billionaire investor John Paulson said on Wednesday that gold remains in the early stages of a long-term bull market, citing declining confidence in fiat currencies and sustained central bank demand. In his interview, Paulson emphasized that investors should focus on gold mining equities rather than physical bullion, stating "the best way to invest is through stocks like NOVAGOLD." His comments coincided with NOVAGOLD's announcement that it has reached a definitive agreement t
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22:02

Gemini Sends $10M in Bitcoin to Trump PAC After CFTC Joint Motion

According to MAGA Inc.'s Federal Election Commission report filed on Monday, Gemini sent $10 million in Bitcoin to the super PAC supporting President Donald Trump, with two separate contributions of over $5 million each transferred on June 19. The donations came approximately three weeks after the CFTC filed a joint motion with Gemini in federal court to reverse a $5 million settlement from January 2025. CFTC Chair Michael Selig previously stated the agency under former President Joe Biden had "
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BTC-1.19%
22:01

Trump Threatens Major Military Strike on Iran and Houthis; Iran, Houthis Vow Readiness Today

According to state media CCTV, on July 23, U.S. President Trump said he was "seriously considering" resuming large-scale military operations against Iran. He also warned that if Houthi forces attack Saudi vessels again, the U.S. will hold Iran responsible and impose "significant military punishment" on both Iran and the militant group. Iran said it is prepared to counter U.S. ground invasion and will continue striking American targets until Washington backs down. Yemen's Houthi forces stated the
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22:01

U.S.-Iran Tensions Escalate as B-1 Bombers Deployed, Talks Stall on July 24

According to Jin10 data tracking on July 24, U.S.-Iran tensions escalated significantly with the U.S. deploying B-1 bombers and both sides exchanging military strikes. The Iranian Revolutionary Guards claimed to have targeted U.S. military positions in Kuwait and Qatar, while warning that any attack on Iranian civilian infrastructure would trigger strikes on regional energy and economic facilities. U.S. Secretary of State Rubio stated that Iran has rejected a proposed 10-day ceasefire agreement
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22:01

EU Fines Google 890 Million Euros for Digital Markets Act Violations on July 23

On July 23, the European Commission fined Alphabet's Google 890 million euros (approximately $1 billion) for breaching the Digital Markets Act (DMA), citing unfair preferential treatment of its own search services and restrictions on third-party developers. Google was penalized 460 million euros for search service violations and 430 million euros for Play Store violations. The Commission found that Google unfairly prioritized its own shopping, hotel, flight, and sports services in search results
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21:53

U.S. Treasury Maintains South Korea on Currency Watchlist on July 23

According to the U.S. Treasury Department, on July 23, the Trump administration maintained South Korea on its currency watchlist. The move was included in a semi-annual report on macroeconomic and exchange rate policies of major trading partners submitted to Congress. South Korea remained among several countries including China, Japan, Taiwan, Singapore, Vietnam, Germany, Ireland, Switzerland, and Thailand on the monitoring list.
21:49

SK Eternics Surges 101% in One Month to 80,600 Won as Semiconductor Peers Plummet

According to Korea Exchange, SK Eternics, a renewable energy developer, surged 101% in one month, reaching 80,600 won on July 23, rising 30% from the previous trading day. Over the same period, SK Hynix fell 34.26% to 1.919 million won from 2.919 million won, while Samsung Electronics declined 23.62% to 270,000 won from 353,500 won. The gains reflect rising oil prices enhancing renewable energy competitiveness and expectations for government power purchasing agreements (PPA) expansion, coupled w
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21:44

DADDY Token Plunges 46.5% Since Andrew Tate's Miami Arrest on July 19

According to TheStreet, the DADDY Solana-based meme coin supported by Andrew Tate crashed 46.5% to $0.007916 since his arrest in Miami on July 19. Tate and his brother Tristan were arrested on a sealed warrant, with the U.K. seeking their extradition on rape and sex trafficking charges. DADDY hit an all-time high of $0.2886 on June 14 but has lost over 95% of its value since launch.
SOL-2.49%
21:43

South Korea's Top Three Department Store Stocks Fall 31-39% in July Correction

According to Korea Exchange data on July 23, South Korea's top three department store chains—Hyundai Department Store, Lotte Shopping, and Shinsegae—declined sharply this month after hitting peaks in June. Hyundai Department Store fell 31.31% from its June 17 peak, while Shinsegae dropped 31.31% from June 3 levels. Lotte Shopping declined 39.24% following a June high. Analysts attributed the pullback to profit-taking after steep first-half gains and a lack of positive catalysts in July, amid bro
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21:43

SK Ecognics Surges 55% in July as WTI Oil Rallies Amid Middle East Tensions

According to Korean media on July 23, SK Ecognics, a renewable energy developer, surged 55% in July and hit an all-time high of 80,600 won (up 30%) on July 22, significantly outperforming the KOSPI index. The rally was driven by a rebound in international oil prices as Middle East tensions escalated, with WTI crude futures climbing from the 60 USD/barrel range in June to 86.83 USD/barrel on July 22, up 24.94% in July. Analysts attributed the stock gains to renewed focus on renewable energy alter
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