Gate Crypto Flash News and Market Updates

According to GMGN, PONS, the ecosystem token of Robinhood Chain, hit a record market cap of $39 million on July 21. The token surged 110% in 24 hours, currently trading at $34 million with approximately $10 million in 24-hour trading volume. PONS is the platform token of Pons, Robinhood Chain's native token issuance platform, which charges WETH fees for token creation and uses the proceeds to buy back PONS, while PONS fees are burned directly.

According to the Korea Financial Investment Association, as of July 16, South Korea's margin balance for stock financing hit 33.4 trillion won (approximately $22.6 billion), marking its lowest level since April 15. The figure represents a 13% decline from the peak of 38.6 trillion won recorded at the end of June.

According to U.S. Central Command, the military struck Iranian military command centers, maritime warfare facilities, missile and drone launch sites, and air defense systems overnight on July 20 (Beijing time early morning July 21). The strikes aim to weaken Iran's capability to conduct unwarranted attacks on commercial vessels transiting the Strait of Hormuz. Since early May, U.S. Central Command forces have assisted approximately 900 commercial vessels and 450 million barrels of oil to transit

According to Guru Club, South Korea's Science and Technology Minister Bae Kyung-hoon announced on July 20 that advanced artificial intelligence models could become geopolitical assets comparable to nuclear weapons, underscoring the country's need to independently develop its own frontier AI systems. Bae emphasized that frontier-level AI models are increasingly acquiring strategic attributes similar to nuclear weapons, with some nations seeking to control such top-tier AI systems more intensely.

According to Guru Club, Ethereum reached $1,902 on July 20, rising 1.61% over the past 24 hours.

According to regulatory filings disclosed on July 20, MicroStrategy did not purchase any bitcoin over the past week, breaking its streak of consistent accumulation. The company simultaneously injected $225 million into its dollar reserves.

According to Guru Club, lithium carbonate futures declined 6% on July 21, with the main contract trading at 138,940 yuan per ton.

According to Korea Securities Depository, equity-linked securities (ELS) issuance in the first half of 2026 reached 27.76 trillion Korean won, marking a 28% increase compared to the same period last year. By underlying asset, ELS linked to U.S. and European indices saw declining issuance, while products tied to Japanese and domestic indices showed relatively stable demand.

According to Yonhapinfomax, South Korea's Financial Supervisory Service (FSS) has not yet confirmed a timeline for a comprehensive inspection of KB Financial Group planned for the second half of 2026, as reported on July 21. The FSS entered a three-week inspection freeze from July 21 through August 7, citing summer vacations and administrative schedules. The inspection is now expected to commence no earlier than late August or after September. Market observers interpret the delayed inspection sc

According to ChainCatcher, Anchorpoint, led by Standard Chartered Hong Kong, plans to announce the launch of HKDAP, a Hong Kong dollar-pegged stablecoin, by the end of July 2026. Virtual asset trading platforms including OSL Group and HashKey Exchange will serve as distributors for the regulated stablecoin.

According to Business Wire, Archer Aviation (NYSE: ACHR) and Anduril unveiled a military-commercial autonomous vertical takeoff and landing aircraft platform on July 20, lifting Archer shares 19% to $5.31. The dual-use platform combines defense and commercial applications, with Anduril's unmanned model 'Thunder' serving military purposes while Archer plans commercial operations later this year. The companies have completed multiple test flights and expect the first official flight of 'Thunder' i

According to Business Insider, Goldman Sachs identified three non-AI sectors as investment opportunities on July 20. The bank recommended consumer experience-related stocks, high-growth companies, and acquisition targets as areas to consider amid market volatility. Goldman noted that consumer experience stocks face limited disruption risk from AI and offer attractive valuations alongside strong long-term consumption spending growth.

According to Jin10, the People's Bank of China conducted 253 billion yuan in 7-day reverse repos today (July 21). With 236.5 billion yuan maturing, the operation resulted in a net injection of 16.5 billion yuan into the money market.

According to U.S. Central Command and the Pentagon, American forces carried out their 10th consecutive night of strikes on Iran on Monday, July 21, as military operations near the Strait of Hormuz intensified. The conflict has claimed 17 U.S. troops killed and approximately 430 wounded since late February. The S&P 500 closed down 14.41 points, or 0.2%, to 7,443.28, while the Dow Jones Industrial Average fell 307.16 points, or 0.59%, to 51,839.26. President Trump vowed Iran will "pay many times o

According to Cyberboard, Hugging Face disclosed on July 21 that its servers were recently breached by an AI hacker agent. The security team initially attempted to analyze over 17,000 attack-related logs using a U.S. commercial AI model API, but the model's safety mechanisms misidentified incident responders as attackers and refused to provide support. Hugging Face then deployed the open-source GLM 5.2 model from China on its own infrastructure to conduct forensic analysis, which was completed su

According to a Korea Economic TV survey of 18 research center directors, nine respondents identified 6,000-6,500 as KOSPI's key support level amid current market volatility. Four additional directors cited 6,500-7,000 as potential support; however, some brokerages including Sangsangin Securities and KB Securities warned that extreme scenarios could see support drop to 4,000-4,500. Analysts attributed the market selloff primarily to semiconductor peak-out concerns (cited by 10 directors) and fund

According to GMGN data reported by ChainCatcher, Robinhood ecosystem token PONS market cap broke through $29.54 million today (July 21), up 74% in 24 hours. The surge may have been influenced by attention from Robinhood co-founder.

On July 21, China's interbank foreign exchange market set the yuan's midpoint rate against the dollar at 6.7917, down 31 points from the previous day as the yuan appreciated. The euro/yuan rate was set at 7.7418, down 152 points, while the British pound/yuan fell 179 points to 9.1083. The Canadian dollar weakened to 4.8176, down 239 points, and the Swiss franc declined to 8.3734, down 222 points. The Australian dollar strengthened to 4.7468, up 103 points.

According to Robinhood's X announcement on July 21, the platform has opened AI agent functionality to users. Users can now authorize AI agents to research, trade, and manage their investment portfolios by connecting Robinhood's MCP server to their agent platform, with setup taking less than one minute.

According to the U.S. State Department, the United States has issued a global security alert for American citizens due to escalating tensions in the Middle East.