Gate Crypto Flash News and Market Updates

According to Shanghai Steel Union data, on July 20, battery-grade lithium carbonate spot prices fell to 152,200 yuan per ton, down 7,200 yuan from early July and 25,000 yuan from early June. Despite strong order demand from downstream lithium battery producers and tight near-term supply amid delayed imports from Zimbabwe, market sentiment remained weak as participants priced in expected supply increases in the second half of 2026.

According to industry sources, NH Investment Securities will temporarily halt non-face-to-face account opening services via its mobile trading system and web platform on July 25 from 9:30 to 10:30 a.m. for system maintenance. The suspension is tied to the deployment of an omnibus account system designed to enhance foreign investors' access to the domestic stock market. Through the unified account, international investors will be able to trade Korean stocks via global securities platforms without

According to 15 major Korean brokerages, Samsung Electro-Mechanics' second-quarter operating profit is forecast at ₩410.4 billion, up 92.7% year-over-year, while revenue is expected to reach ₩3.3237 trillion, up 19.4%. Growth is driven by increased demand for AI server-related products, particularly high-end FC-BGA substrates and MLCC capacitors, which are experiencing tight supply conditions with limited competitors.

According to Korea Economic TV, SK Hynix listed its American Depositary Receipt (ADR) on the Nasdaq on July 21, raising approximately $26.5 billion. The offering has coincided with a significant strengthening of the South Korean won against the U.S. dollar; the exchange rate dropped from 1,560 KRW/USD on July 1 to 1,470 KRW/USD as of today. Analysts at KB Securities attribute the currency movement partly to dollar outflows generated by the ADR listing.

According to its GitHub repository, PancakeSwap has released an open-source ERC-8183 AI settlement agent, providing developers with a reference implementation for automated swaps, liquidity planning, and execution logic on BNB Chain. The release is available through PancakeSwap's GitHub and is designed as a runnable reference for how autonomous settlement agents can interact with decentralized exchange mechanics, rather than production-ready trading software. The agent demonstrates how developer

On July 21, HEMI surged 52.74% to 9.997 won on Bithumb, while ACE climbed 36.29% to 169 won, leading overnight gains across major South Korean exchanges in the 24-hour period ending 8 a.m. local time. BONK fell 16.01% on Upbit to 0.00656 won, marking the largest decline among tracked assets. MET2 gained 17.84% on Upbit, while JTO rose 9.10%, with BONK also showing a 14.63% increase on Cobit despite broader volatility.

According to Cardano Node release details, Cardano activated the Van Rossem hard fork on mainnet on July 18 at Epoch 644, moving the network to Protocol Version 11. This marks the first major hard fork enacted through Cardano's on-chain governance framework, requiring node operators to run Cardano Node v11.0.1 or later and laying groundwork for future upgrades including Ouroboros Leios and the Dijkstra era.

According to U.S. officials, the Trump administration announced it will impose 50% tariffs on certain Canadian goods including dairy, hockey sticks, and cement, effective in 30 days under Section 338 of the 1930 Tariff Act. Energy, potash, fish products, and critical minerals are exempt, as are goods already subject to tariffs such as automobiles and steel. However, products meeting USMCA criteria will receive no exemptions. Following the announcement, the Canadian dollar weakened to 1.4083 per

According to The Wall Street Journal on July 21, BlackRock is leading debt financing of at least $12 billion to support Meta's new data center in El Paso, Texas. BlackRock and its infrastructure and private credit divisions will hold 80% equity in the project, while Meta holds the remaining 20%. The facility is expected to provide approximately 1 gigawatt of capacity. JPMorgan Chase and Morgan Stanley are co-leading the debt issuance.

According to NextTrade premarket data on July 21 at 8:10 a.m., Samsung Electronics and SK Hynix gained in premarket trading. The rebound was driven by bargain-buying flows into US semiconductor stocks overnight and easing of the Korean won-to-dollar exchange rate headwind, boosting investor sentiment in oversold names.

According to South Korean broker consensus compiled in late June, beauty company APR is forecast to deliver record quarterly revenue and operating profit in the second quarter, driven by strong Amazon Prime Day sales performance. Aggregate consensus from 15 brokerages projects Q2 revenue of 742.9 billion Korean won, up 126.7% year-over-year, with operating profit reaching 180.9 billion won, a 113.9% increase. U.S. market revenue alone is estimated at 338-341 billion won, representing 251.5% to 2

According to Yonhapinfomax, South Korea's 3-year government bond futures rose 3 ticks to 102.79 overnight on July 21, while 10-year bonds fell 4 ticks to 105.01. U.S. Treasury yields climbed sharply, with 10-year and 30-year rates up 4.40 basis points and 4.20 basis points respectively from the previous New York close. Rising geopolitical tensions between the U.S. and Iran, including fears of Strait of Bab el-Mandeb disruptions and comments from new UK Prime Minister Andy Burnham suggesting fisc

According to his Substack post dated July 17, Michael Burry reduced his Oracle (ORCL-US) put position by 50% to lock in profits while maintaining remaining bearish exposure. Burry clarified that reports of completely closing the position were "fake news." The "Big Short" investor had disclosed the original put holdings expiring January 2027 at strike prices near $100, established in January to bet against the tech giant. Oracle's stock fell to $121.50 on July 17, marking a 52-week low and down a

According to BSP Deputy Governor Mamerto Tangonan on July 20, the Bangko Sentral ng Pilipinas is demanding that GCash and Maya explain and justify their P10 fees for transfers to other banks and e-wallets. This follows the central bank's campaign in July to dismantle payment barriers, with at least 14 universal and commercial banks—including BDO, BPI, and Metrobank—now offering free InstaPay transfers, accounting for roughly 90% of transaction volume. GCash cut its fee from P15 to P10 on July 4,

According to Jin10 data, overnight on July 21, Ukrainian forces conducted multiple attacks on Russian military targets. Ukraine's drone commander reported strikes on seven Russian naval vessels in the Black Sea and Sea of Azov. The Russian Defense Ministry stated it used Onyx anti-ship missiles and air-launched cruise missiles to target port facilities in Odesa and Yuzhne. Ukraine's President Zelensky confirmed attacks on Russian logistics facilities and oil storage near Moscow, while Russian of

According to ChainCatcher, TRON officially released GreatVoyage-v4.8.2 (Pyrrho) on July 20, introducing enhanced compatibility with Ethereum Pectra and Osaka upgrades. The update includes new CLZ instruction, secp256r1 signature verification precompile, and migrates monitoring from InfluxDB to Prometheus. Node operators must complete the upgrade by August 16, 2026, 11:59 p.m. Singapore time to maintain block synchronization. Event Plugin is also upgraded to v3.0.0.

According to Investing.com, SpaceX's market capitalization fell over $1 trillion on July 20, causing the company to drop from the 5th to 8th position in U.S. market cap rankings. The stock price declined 3.34% to close at $119.85. The decline is attributed to delays in Starship test flights, which have weakened growth expectations.

According to Yonhapinfomax, Samsung E&A posted operating profit of 215.3 billion won for Q2 2026, up 19.06% year-over-year, driven by semiconductor factory construction work from Samsung Electronics. Revenue for the quarter reached 2.53 trillion won, a 16.32% increase from the same period last year, despite delays in new orders from its chemical engineering division. The company expects to materialize a 1 trillion won Saudi water treatment project in Q2-Q3 and anticipate additional Middle East o

According to MarketWatch, the mega-cap seven ETF (MAGS) tracking Nvidia, Apple, Alphabet, Meta, Microsoft, Amazon, and Tesla rose over 4% since early July, reversing June's 9% decline. Apple led gains with a 15% monthly surge, reclaiming the title of most valuable company, while Meta climbed 14.7%. The rebound reflects resource rotation among tech stocks as semiconductors face profit-taking pressure. Tech earnings season officially begins Wednesday (July 22), with Alphabet and Tesla set to repor

According to Zhitong Finance & Economics, Puqi Pharma (北京普祺医药科技股份有限公司) had its Hong Kong IPO prospectus expire on July 21, 2026, six months after submission on January 21, 2026. China Securities and Minyin Capital served as joint sponsors for the offering.