Gate Crypto Flash News and Market Updates

According to BlockBeats, U.S. storage sector stocks declined broadly in premarket trading on July 13. Western Digital (WDC) fell 4.78%, Micron Technology (MU) dropped 4.09%, SanDisk (SNDK) declined 4.57%, and Seagate Technology (STX) decreased 3.37%.

Over 200 researchers and economists, including 15 Nobel laureates and researchers from OpenAI, Anthropic, and Google, issued a joint statement on Monday (July 13) warning governments and tech leaders to immediately establish policies and institutions to address AI's potential economic impact. The statement cautions that AI could trigger economic transformation exceeding the scale of the Industrial Revolution but in a much shorter timeframe, posing major challenges to workers, businesses, and pub

According to WuBlockchain data, cryptocurrency exchange spot trading volumes fell 5.1% in June 2026 compared with May, while derivatives trading surged 4.2% over the same period, reflecting a market shift toward leveraged and futures products. Website traffic across major exchanges dipped 0.82%, per Similarweb data. Deribit emerged as the standout performer, with derivatives volume climbing 26.6% and website traffic surging 165.1% in a single month. In contrast, BitMart posted the sharpest decli

SBI Group will open applications for a JPYSC stablecoin lending service on July 16, 2026, offering a 3% annual yield with a 12-week fixed term via SBI VC Trade, according to the company. JPYSC is Japan's first trust bank-backed yen stablecoin, designed to provide both retail and corporate users with yield-bearing exposure to digital asset infrastructure. The launch is part of SBI's broader aggressive expansion in crypto. In June, the conglomerate acquired Japanese crypto exchange Bitbank for nea

According to NADA NEWS, Sony Bank will issue dollar-denominated tokenized securities on July 29, with proceeds directed to a music copyright investment portfolio jointly established by Singapore's Government Investment Company (GIC) and Sony Music Group. The portfolio generates revenue from music rights across streaming platforms, radio, film, television, and advertising. The asset management infrastructure is built on a private blockchain provided by Securitize Japan.

According to Foresight News, TON's main network shard block production and message processing are currently experiencing delays. The TON core team has acknowledged the issue and is actively working on a fix.

Today, South Korea's KOSPI index plunged 670 points, closing down 8.95%, while semiconductor giant SK Hynix tumbled 15.4%, marking its largest single-day decline on record.

According to ChainCatcher, Fidelity's global macro chief Jurien Timmer said Bitcoin is approaching a long-term support level of around $58,000 based on its power law model, with BTC currently trading near $62,700. Timmer indicated that Bitcoin may have entered an "accumulation zone" as defined by the model, though he has not confirmed the market has bottomed.

According to investment sector analysts, a securities firm projected the KOSPI index could reach 11,450 on July 13, citing continued upside potential from semiconductor and artificial intelligence investment cycles. The firm noted that while near-term momentum remains supported by chip and AI spending, slowdown in Big Tech investment starting next year could emerge as a new risk factor for the Korean equity market.

According to a joint research effort by SK Hynix, TetraMem, and the University of Southern California, the companies unveiled a memristor-based in-memory computing (IMC) SoC chip recently, targeting neural network inference for edge AI devices. The 65-nanometer chip achieved 21.3 TOPS/W (trillion operations per second per watt) at 100MHz and 11.9 TOPS/W at 400MHz, roughly 10 times more energy-efficient than Nvidia A100 in INT8 mode. However, peak absolute compute capacity reached only 2.54 TOPS,

According to Yemen News Agency, Yemen's cabinet held a special meeting on July 13 to address escalation by Houthi forces.

According to Barclays analysts on July 13, rising oil prices stemming from U.S. strikes on Iranian targets and Iranian attacks on shipping in the Strait of Hormuz over the weekend could prompt Bank of England monetary policy committee members to signal inclination toward interest rate increases in coming months. LSEG data shows the market has fully priced in a 25-basis-point rate hike in 2026, with a 28% probability of another 25-basis-point increase before year-end.

According to Jin10, Yemen's government defense ministry said its armed forces struck Sanaa International Airport runway on July 13 afternoon to prevent an Iranian aircraft from landing. The move comes as Houthi forces, which control Sanaa, accused Saudi Arabia of carrying out the strike.

According to Lookonchain, a whale moved 2,931 BTC (worth $188 million) on July 12 after remaining dormant for seven years. The coins were originally acquired when Bitcoin traded near $6,513, valuing the holding at approximately $19 million at the time. With Bitcoin trading near $63,000 on Monday, the same coins are now valued at $188.03 million, representing a roughly tenfold gain across two full market cycles. Meanwhile, a separate whale continued rotating out of Ethereum into Bitcoin. Accordin

On July 13, 2026, Metaplanet completed its acquisition of Siiibo Securities for JPY 2.1 billion and formally launched Metaplanet Securities as a regulated digital asset investment banking subsidiary. The new subsidiary operates under a Type I Financial Instruments Business Operator licence from Japan's Financial Services Agency, authorizing it to structure and distribute securities products linked to digital assets. As of July 10, Metaplanet held 43,000 BTC after purchasing 2,823 BTC in the seco

South Korea's stock market has experienced its most severe volatility since the 1998 Asian financial crisis, with the 60-day price swings of the MSCI South Korea Index reaching their highest level in over 28 years. The benchmark index has fallen 28% from June highs, with a 10% plunge in early July, while triggering seven trading halts so far in 2026—exceeding the total number of circuit breakers activated in the past 25 years combined. The extreme swings stem largely from concentrated portfolio

Binance futures trading volume jumped 80% in June, reaching $1.61 trillion, outpacing rivals as broader cryptocurrency spot trading activity remained weak during the same period.

According to the U.S. Department of Justice, a foreign national extradited from abroad recently admitted his central role in ransomware attacks that disrupted U.S. businesses. The defendant pleaded guilty in federal court to conspiracy and computer fraud charges related to the Ryuk ransomware strain used in 2019 and 2020. Prosecutors stated that the defendant and co-conspirators illegally accessed computer networks of victim companies, including a Michigan-based firm that paid 200 bitcoin (appro

According to CoinDesk's latest exchange report released in June, Gate's spot trading volume surged 50.8% to $66.1 billion, the highest growth rate among all major centralized exchanges globally. The platform's spot market share increased 1.55 percentage points to 5.95%, marking its highest level since October 2025. Riding this momentum, Gate has climbed to third place among AA-A tier top spot trading platforms worldwide. In derivatives, Gate's June trading volume reached $369 billion with a 9.52

According to Xinhua, Yemen's internationally recognized government reported on July 13 that Houthi militants seized a Red Crescent International Committee aircraft at Sanaa International Airport on the same day.