Gate Crypto Flash News and Market Updates

During a CNBC interview on late Tuesday, billionaire investor Chamath Palihapitiya said there was "very obvious industrial logic" in combining Tesla and SpaceX, stating: "There is a very obvious industrial logic to put these two businesses together, to have one capital structure, to have one balance sheet, to be able to raise money for the broad swath of things that he's doing as one vehicle." The remarks come after Palihapitiya predicted in March that SpaceX could reverse-merge into Tesla rathe

According to Bloomberg, SK Hynix chairman Choi Tae-won announced on July 11 that artificial intelligence is driving exponential growth in memory chip demand. The company plans to double its overall capacity over the next five years to address the shortage. Choi noted that memory demand is expanding faster than supply can support, as AI applications require massive amounts of cache, and supply constraints may persist for years.

According to BC Card's communications head Kim Hee-jung, on July 15, the company emphasized that cross-border payment infrastructure connectivity is more critical than digital assets themselves in the stablecoin era. Speaking at the 'Ethiopia x K-Digital Connect 2026' forum in Seoul, Kim highlighted BC Card's strategy to connect international payment networks, noting that each country should strengthen its own payment infrastructure and link them together. BC Card currently operates direct digit

According to Yahoo Finance on July 14, Wall Street forecasts Micron will generate $176 billion in net income for fiscal year 2027, up dramatically from $9 billion in FY2025. The semiconductor index peaked on June 22, with global chipmakers expected to produce approximately $700 billion in cumulative profits through 2027. Nvidia is projected to earn $316 billion by FY2027, while the combined earnings of Micron, Nvidia, and Broadcom will account for 72% to 85% of total semiconductor sector profits

According to UBS, European investors have maintained confidence in China's artificial intelligence technology sector amid recent market volatility, with some taking profits in recent weeks but remaining steadfast in their long-term outlook. The bank also found that European investors showed unexpected strong interest in Chinese biotech companies, suggesting they are seeking underexplored innovation areas in China. UBS China equity strategist Wang Zonghao noted that European investors now have a

According to Jin10, multiple Japanese citizens' groups issued a joint statement on July 14 opposing the government's plan to develop nuclear-powered submarines. The statement noted that Japan's Atomic Energy Basic Law limits nuclear energy use to peaceful purposes, and acquiring nuclear submarines would contradict this longstanding position. The development would also violate Japan's exclusively defensive defense principle, according to the Peace Boat organization.

According to Japan's Petroleum Association (PAJ), Japan's commercial crude oil inventories declined by 331,964 thousand liters in the week ended July 11, falling to 10.27 billion liters from 10.60 billion liters the previous week. Refinery operating capacity utilization rose to 86.20% from 83.00%, while design capacity utilization increased to 74.60% from 73.00%.

On July 15 morning session close, commodity futures markets rallied broadly, with low-sulfur fuel oil surging 5.98% amid continued geopolitical premiums and cost-driven support. Precious metals rebounded, while black metal commodities strengthened collectively, with rebar, hot-rolled coil, and iron ore each gaining over 1%.

The U.S. Dollar Index dropped to 100.80 on July 15, declining 0.12% during the trading day.

According to SoSoValue data, Bitcoin spot ETFs saw total net inflows of $181 million on July 14 (yesterday in U.S. Eastern time). BlackRock's IBIT led single-day flows with $139 million in net inflows, bringing its lifetime total to $60.239 billion. Fidelity's FBTC followed with $21.07 million in daily inflows.

According to Jin10, South Korea's Financial Services Commission plans to expand its Public Growth Fund from 150 trillion won to 200 trillion won. The annual operating budget will increase from 30 trillion won to 40 trillion won, with a total operational scale of 200 trillion won targeted over the next five years. Long-term investment will concentrate on three priority areas: semiconductors, AI data centers (AIDC), and Physical AI. The fund's investment scope is also being extended to aerospace a

According to Lookonchain, large buy orders have appeared on Hyperliquid's CR (Changhxin Storage) contract market. Buy orders totaling approximately $5.93 million are placed near the $7.2 price level, while orders worth around $5.58 million are positioned near the $6.00 level.

According to ChainCatcher, BitRing announced on July 15 that its fitness, AI and Web3 ecosystem will be rebranded to BRT.Fit effective immediately. The BitRing name will be retained as a dedicated smart ring brand focused on wearable hardware and health technology innovation.

According to company announcement, Keen Methods Medical (02595) launched a placement of 13.6 million new H-shares at HK$34.69 per share on July 15, representing a 9.71% discount to the previous close of HK$38.42. The placement raised HK$472 million in gross proceeds. As of 11:50 a.m., the stock traded at HK$43.68, up 13.7% for the day with turnover exceeding HK$220 million. The company will allocate approximately 75% of net proceeds toward development of core products including RAS inhibitors an

According to Reuters, Stripe and Advent International made an unsolicited acquisition offer to PayPal on July 15 at $60.50 per share, valuing the company at over $53 billion and representing approximately 28% premium to its previous closing price. The proposal, submitted earlier this month, is backed by approximately $50 billion in committed bank financing. Under the proposed structure, Stripe and Advent would each hold 50% equity in PayPal without breaking up the company. The two parties initia

According to Bitget, South Korea's KOSPI index hit 7,400 points on July 15, rising 7.94% intraday. SK Hynix gained 12% on the day.

According to Hyperinsight, on July 15, a wallet address (0xd1d...) accumulated 5,000 SKHY tokens on Hyperliquid ahead of SK Hynix ADR's official trading launch, achieving an entry average price of $152.9. The address deployed a long position with 10x leverage, completing final purchases 4 minutes before U.S. market open on Monday evening, investing approximately $764,000 across 310 trades. By Tuesday, SKHY rose to $193.92 on traditional markets and $188.73 on Hyperliquid, representing gains of 2

According to Herald Economics, South Korean President Lee Jae-myung on July 15 directed financial authorities to expedite the passage of a stock price manipulation prevention bill and implement measures on leveraged exchange-traded funds (ETFs). The country's financial regulators announced they will accelerate policy implementation in response to the presidential directive.

According to BlockBeats, on July 15, trade.xyz (Hyperliquid ecosystem platform) launched contract trading for Longxi Storage, a market-focused asset. Following the announcement, HYPE rebounded starting at 10 a.m. local time, reaching $67.254 per token with a 24-hour gain of 6.52%, according to HTX.

According to Jin10, South Korea's financial regulator announced new restrictions on stock loan lending by online investment companies on July 15, effective August 16. The Financial Supervisory Service will cap monthly new stock loan additions at 30% of the prior month's new lending and limit individual borrowers to 1 billion Korean won maximum. As of end-June, outstanding stock loan balances reached 898.3 billion Korean won, up 374.5 billion from the first half and a 71.5% increase from year-end