Gate Crypto Flash News and Market Updates

According to Zhitong Finance, Dizhe Pharmaceutical (江苏迪哲医药股份有限公司)'s Hong Kong IPO prospectus, initially submitted on January 23, 2026, expired on July 23, 2026, as it exceeded the six-month validity window. Goldman Sachs and China International Capital Corporation served as joint sponsors for the proposed offering.

According to Token Terminal data cited by ChainCatcher, the tokenized stock market cap reached a record $2.3 billion on July 21, nearly doubling from $1 billion in March. On the same day, Ondo Finance's token-issued stock circulating supply (514.5 million shares) and holder count (93,880), Backed Finance's tokenized market cap ($579.4 million), and Robinhood Chain's token-issued stock count (126,720 shares) and holders (36,170) all set new highs. dYdX's Arcus exchange recorded $11.9 million in d

Hong Kong stocks closed strongly today, with the Hang Seng Index rising 278 points or 1.12% to 25,170 as of 10:47 AM HK time, according to HKEJ market data. The index had climbed over 300 points intraday, briefly reaching 25,196 before paring gains. The National Index gained 86 points or 1.04% to 8,337, while the Tech Index added 21 points or 0.46% to 4,689. Tech giants rebounded strongly. Tencent rose 1.8% to HK$448.60, while Meituan, Baidu, and Kuaishou each gained between 1.3% and 1.7%. The o

According to Bloomberg, Wall Street banks including Bank of America and Morgan Stanley have begun trading a $35 billion financing package for Broadcom and Anthropic's AI infrastructure expansion. Apollo Global Management arranged the package with Blackstone, with bonds priced at approximately par value (100-100.5 cents on the dollar). The borrower is a special-purpose vehicle that purchases chips developed by Google and Broadcom and leases them to Anthropic. The delayed-draw structure enables fu

According to The Block, Upright Assets (Korea's major financial group) completed its acquisition of crypto exchange Korbit today, July 23. The company acquired 92.06% of Korbit's shares for 133.4 billion Korean won, approved on July 9. Korbit confirmed that operational entities, user deposits, and personal data handling remain unchanged.

According to Jin10, China's Securities Regulatory Commission (CSRC) held a series of meetings on July 20-21 with investors, listed companies, industry institutions, and experts to gather feedback on promoting stable and healthy capital market development. Regulating quantitative trading and AI applications, along with strengthening enforcement against market violations, emerged as core discussion topics. Industry experts noted that while quantitative trading itself is permissible, it must not be

The U.S. completed its latest military strike on Iran at 10:30 p.m. ET on July 23.

According to U.S. Central Command, the U.S. military struck Iranian military targets on July 23, including maritime combat capabilities, missile and drone storage facilities, coastal surveillance sites, and air defense systems. The strikes further degraded Iran's ability to attack commercial vessels and civilian maritime traffic.

According to US Central Command, its forces conducted strikes on Iran on July 22 at 10:30 Beijing time (22:30 ET), marking the 12th consecutive night of operations.

According to Saudi officials, the oil tanker Ensenya came under attack and caught fire while navigating the Red Sea on July 23, with all crew members reported safe. The Houthi movement claimed responsibility for the strike, stating it targeted the Ensenya and a second vessel, Leila, using multiple ballistic missiles, cruise missiles, and drones in retaliation for violations of its maritime embargo. (Source: Saudi Arabia statement, Houthi declaration, CCTV News)

According to Bloomberg, Uber cut 10% of its customer service operations jobs on July 22. The company also asked some remote staff to relocate to hub offices to simplify operations, support in-person collaboration, and continue embracing AI. The move aligns with Uber's broader workplace shift. Starting in June, the company required corporate staff to work from the office three days a week, including some previously approved remote workers. This follows a June reorganization that reduced Uber's pe

The US Dollar Index (DXY) fell below 101 today, declining 0.12% intraday.

According to BMI on July 23, Indonesia's central bank is expected to raise rates by 50 basis points to 6.25% before year-end amid rupiah depreciation driven by policy concerns and renewed U.S.-Iran tensions. BMI anticipates the currency will remain weak despite recent intervention measures and policy tightening, with rising oil prices likely to increase import expenses and heighten fiscal worries.

According to BlockBeats, monitoring Hyperinsight data, whale 0xebe1 increased short positions in SK Hynix (SKHX) and Samsung (SMSN) on July 23, raising combined exposure to $46.05 million. The whale holds 10x leveraged SKHX shorts at an average entry of $1,320.9, with position value of $42.78 million and floating profit of $1.834 million (41% return rate), making it the largest SKHX short on Hyperliquid. SK Hynix opened 4.1% higher at $1,295 before surging to $1,324.9 (up 6.5%) and pulling back

According to Jin10, on July 23, Australia's June employment growth exceeded expectations, lifting market bets on a Reserve Bank of Australia rate hike in August to 33% from 25% at market open. Odds for rate hikes through the remainder of 2026 rose to 95% from 80%. IG market strategist Tony Sycamore noted the RBA would likely remain concerned about a tightening labor market amid elevated inflation.

According to Wall Street Journal reporter Nick Timiraos and AP reporter Chris Rugaber, Federal Reserve Chair Kevin Warsh confirmed on July 22 that he will hold a press conference following the FOMC meeting on July 29 at 2:30 p.m. ET. Warsh's reduced communication policy has created uncertainty about whether press conferences will be held after every FOMC meeting, a departure from former Chair Jerome Powell's practice. Warsh previously stated that press conferences should only occur when there is

According to the Wall Street Journal on July 22, Reddit is considering cutting off Google's access to its content for artificial intelligence training, as major U.S. media outlets report significant declines in search traffic from Google. USA Today's search traffic from American users dropped by approximately 50% between June 2025 and June 2026, while Business Insider saw a decline exceeding 85%. CNN's traffic fell roughly 25%, and Politico experienced a 23% decrease. The move follows Reddit's 2

According to Maeil Business Newspaper, Michael Burry criticized AI industry circular financing practices on July 23 following Google's earnings release. Burry, citing BIS data, stated that of $800 billion in forward-contracted AI research and development spending through April 2026, approximately $500 billion represents circular financing. He noted that hyperscaler revenue exceeding $600 billion is more than half-driven by such arrangements, while semiconductor chipmakers' revenues are largely c

According to The Fact, Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Naver Board Chair Lee Hae-jin, and Hyundai Motor Group Chairman Chung Euisun are scheduled to meet with Nvidia CEO Jensen Huang in the U.S. this week to discuss AI cooperation across memory semiconductors, data centers, and cloud infrastructure. Samsung Electronics and SK Hynix shares gained 2.98% and 3.01% respectively on July 23 to 268,250 KRW and 1,885,000 KRW, as the meeting signals renewed comm

According to Bank of Korea, the country's reserve money balance reached 13.8161 trillion won in surplus as of July 23, with reserve money appropriation funds registering 3.5311 trillion won in surplus. The overnight call rate settled at 2.686%, with trading volume at 15.0643 trillion won. The central bank reported that liquidity inflows remained steady, with money market conditions expected to show intraday surplus conditions in the repo market.