Gate Crypto Flash News and Market Updates

According to ITAR-TASS, part of Gazprom's Salavat Petrochemical Plant facilities damaged in a recent drone attack have been restored.

According to Crypto Briefing and Wu Blockchain, AZ-COM Maruwa Holdings, a Tokyo Stock Exchange-listed logistics company, announced plans to invest ¥1 billion in JPYC, Japan's regulated yen-backed stablecoin, and use the token to compensate approximately 2,300 partner carriers and independent drivers. This marks Japan's first large-scale corporate deployment of a regulated stablecoin for operational payments. The investment is significant relative to JPYC's existing circulation, which stood at ro

Grayscale Solana Staking ETF (GSOL) will introduce quarterly cash distributions from staking rewards, according to a prospectus supplement filed on July 17. The change is expected to take effect around August 7, 2026. Under the new structure, GSOL will convert staking rewards to cash at least quarterly and distribute net proceeds to shareholders after expenses and fees. The move follows Grayscale's Ethereum staking product (ETHE), which began making quarterly distributions in January 2026. ETHE

Kraken has launched European-style, USD-settled Bitcoin (BTC) and Ethereum (ETH) options on its Pro platform for eligible international clients, starting with request-for-quote functionality. The simplified structure integrates with existing accounts, supports portfolio margin, and accepts collateral in over 30 currencies to lower barriers for retail traders. Future phases will expand to public order books, Europe, and additional assets.

According to the South Korean Ministry of Justice, the agency filed charges against 304 individuals for financial securities and cryptocurrency crimes over the past 12 months (through May 2026), recovering 381.4 billion won in ill-gotten gains. The enforcement action was announced on July 20 as part of the Justice Minister's one-year performance summary, with 25 of the accused arrested.

According to hinkal's official announcement, the decentralized privacy protocol will begin refunding users who have completed the recovery process this week, with all refunds expected to be completed by July 22. Hinkal Pay and Hinkal Prime users will receive funds through wallets connected via recovery links, while Hinkal Wallet users will receive funds at wallet addresses submitted within the app. Users who have not yet completed the recovery process can continue to do so through the official p

According to Korea Exchange data reported by Financial News, SK Hynix inverse leveraged ETF saw 3.9 trillion won (approximately $3 billion) in trading volume on July 20, marking the second-largest ETF by daily turnover. The trading volume was approximately 19 times the product's market capitalization, indicating heavy short-term speculation. As SK Hynix stock fell 4.46% on the day, the inverse 2X product surged 10.40%, while traditional leveraged ETFs tracking the same stock declined significant

According to Investing.com, South Korea's KOSPI index has become the worst-performing major stock index globally over the past month as of July 20. The decline is steeper than Russia's market despite the country being in its fourth year of military conflict.

According to Jin10 Futures, Shanghai Futures Exchange energy-related warehouse inventory on July 20 showed mixed movements. Pulp futures warehouse inventory decreased to 310,147 tons, down 2,612 tons from the previous trading day. Fuel oil futures inventory also declined to 30,960 tons, down 2,700 tons. Most other commodity inventories, including gloss paper, petroleum asphalt, and medium sour crude oil, remained unchanged from the prior session.

According to Shandong government officials, Shandong Province's total foreign trade imports and exports reached 1.807 trillion yuan in the first half of 2026, growing 4.4% year-over-year, according to customs data released on July 20. Three metrics hit historical highs for the same period: the volume of imports and exports, the number of operating trading entities, and bulk commodity import volumes.

According to Bank of America's latest supply chain survey, global DRAM average selling price (ASP) is projected to surge 21% quarter-over-quarter in Q3 2026, significantly outpacing TrendForce's consensus estimate of 8% to 13%. The bank's research team identified five key drivers including stronger-than-expected server DRAM demand, broad-based spot market recovery, product mix upgrading toward higher-priced HBM4, weakening long-term contract protections, and emergency orders from end-device make

According to Kiwoom Securities analyst Han Ji-young, on July 20, the firm forecasted South Korea's KOSPI index would find downside support in the 6,300-7,300 point range this week. The brokerage noted that the index's 12-month forward price-to-earnings ratio (PER) has fallen to 5.8x, reaching its lowest level in 20 years including the 2008 global financial crisis trough, suggesting recent declines are excessive. Key market drivers for the week include U.S. tech earnings, U.S.-Iran geopolitical t

According to Deutsche Bank's recent research report, the Federal Reserve's shift from raising interest rates to balance sheet reduction as its primary monetary tightening tool would be "bearish" for the U.S. dollar. George Saravelos, head of Deutsche Bank's global FX research, cited the Bank of Japan's experience as cautionary; despite conducting QT more aggressively than other G10 economies through large-scale JGB run-off, the yen has still fallen to 40-year lows. Saravelos emphasized that bala

According to President Prabowo Subianto, Indonesia will halt all diesel imports starting July 2026, becoming the first country to mass-produce B50 biodiesel from palm oil. The President's office stated that Indonesia has successfully achieved self-sufficient diesel fuel production through its B50 biofuel policy. The government will redirect funds previously spent on overseas fuel purchases toward domestic agricultural development. Additionally, Indonesia launched the E10 gasoline program, which

According to mpost.io, Infinex launched Infinex Confidential on July 20, 2026, a privacy-focused feature built on NEAR Protocol's Confidential Intents framework. The platform enables users to deposit assets from any supported chain, execute swaps in a private environment, and withdraw funds without exposing transaction details to public blockchain explorers. The feature operates through a private shard within the NEAR ecosystem that maintains a bridge to the public network while remaining inacce

According to Arkham, a Bitcoin whale wallet transferred $383 million in BTC to a fresh address on Thursday after remaining dormant for eight years. The wallet received 5,908 BTC near $16,000 in 2017, valued at $99.63 million at the time. The transfer went to an unmarked address rather than an exchange, with the move potentially signaling custody updates or preparation for private transactions. Bitcoin is currently trading at $63,800.

On July 20, Liu Taojing joined China Renaissance (01911) as Managing Director and head of Hong Kong equity investment banking. He will oversee the company's investment banking business in the Hong Kong stock market, providing comprehensive services including pre-IPO financing, IPO underwriting, and post-listing capital operations for Greater China enterprises. Liu brings over 15 years of investment banking experience and holds SFC-approved sponsor and M&A signatory qualifications. Prior to joini

According to Yonhap Infomax, on July 20, retail investors continued to pour massive funds into single-stock leveraged ETFs despite South Korea's financial regulator announcing strict restrictions on July 16. KODEX SK Hynix single-stock leveraged ETF received 122.1 billion won in net purchases in a single day, while KODEX Samsung Electronics variant absorbed 57.6 billion won, bringing combined inflows to approximately 180 billion won. The Financial Services Commission aims to curb leveraged ETF d

According to Meritz Securities research on July 20, server DRAM spot prices surged to over $3,100, representing a 146% premium above June-end contract prices of $1,380. The spike was driven by sovereign AI projects including Saudi initiatives, new AI data center testing demand, and severe supply-chain constraints among vendors. Meritz Securities noted the spot-to-contract spread as a key indicator, with current market conditions resembling the sudden order surge observed in January's server mark

Europe's major equity indexes opened lower on Monday, July 20. Germany's DAX30 fell 0.28%, the UK's FTSE 100 declined 0.48%, France's CAC40 dropped 0.20%, the Stoxx 50 shed 0.21%, Spain's IBEX35 lost 0.35%, and Italy's FTSE MIB slid 0.19%.