Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
17:02

South Korea Prosecutors Search Lanqi Semiconductor's Seoul Office on Antitrust Concerns; Firm Initiates 300-600M RMB Share Buyback

According to Lanqi Semiconductor's official announcement, on July 15, South Korea's Seoul Central District Prosecutors' Office conducted an on-site investigation and evidence collection at the company's Korean office regarding potential antitrust law violations. Lanqi said it is fully cooperating with the inquiry and noted that no employees or executives have been charged with any misconduct as of the announcement date; operations remain normal. The company cautioned that the investigation is in
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17:02

South Korea Raises Leverage ETF Deposit Requirement to 30M Won from 10M, Targeting 33% Decrease in Market Cap

According to South Korean financial authorities' announcement on July 16, single-stock leverage ETF minimum deposit requirement will increase to 30 million won from 10 million won starting August 5, with mandatory cash-only holdings from August 19. Previously, investors could use stocks, ETFs, and bonds valued at up to 70% of their market price to meet deposit requirements; the new rule eliminates this provision. Financial regulators estimate the measure will reduce total leverage ETF market cap
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17:01

predict.fun Launches Maker Rebate Program for Up/Down Markets with 25% Real-Time Fee Returns

According to Odaily, prediction market platform predict.fun has launched a Maker rebate mechanism for all Up/Down markets, offering users 25% returns on maker fees. Rebates are credited to accounts immediately upon trade execution, with no settlement delays. Compared to Polymarket, predict.fun's rebate offers two key advantages: a higher rebate rate and instant settlement rather than waiting for market resolution. This real-time rebate structure enables frequent traders and market makers to recy
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16:59

Japan's Takaichi Cabinet Support Rate Drops to 49% on July 16

According to Japan's Jiji Press on July 16, Prime Minister Takakichi Takaichi's cabinet support rate dropped to 49%, falling below the 50% mark. The rate declined 5.3 percentage points from June, marking the second consecutive month of decline. The disapproval rate rose to 25.2%, up 3 percentage points from the previous month.
16:55

Senate Vote on CLARITY Act Expected Next Week as Ethics Debate Dominates, Kalshi Predicts 75.1% Passage Odds

According to Blockchain Association CEO Summer Mersinger speaking at the Injective Summit on Thursday, the U.S. Senate is expected to vote on the Digital Asset Market Clarity (CLARITY) Act as soon as next week, with ethics provisions emerging as the primary sticking point between Republican and Democratic lawmakers. Mersinger noted that a White House meeting with Republican senators on Thursday aimed to resolve the ethics disagreement, which has become central to bipartisan support efforts. Pred
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16:52

Bitcoin Falls 0.71% to $64,418, Ethereum Down 2.49% in 24 Hours

In the past 24 hours as of 4:16 p.m. Beijing time on July 16, Bitcoin fell 0.71% to $64,418.58, while Ethereum declined 2.49% to $1,875.89. The MarketVector Digital Asset 100 Index dropped 1.16% to 12,825.74, with the small-cap segment down 0.40% to 2,197.47 and mid-cap index falling 0.97% to 2,578.78. XRP remained flat.
16:51

Liang Wenfeng's Huangfang Quantitative Participates in Long Core Technology IPO at 8.78 Yuan Per Share

According to PANews citing Tencent News Deep Web, Huangfang Quantitative, backed by Liang Wenfeng, participated in Long Core Technology's IPO network underwriting yesterday (July 17) with a subscription price of 8.78 yuan per share. The maximum subscription quantity per bid was 230 million shares, with most of Huangfang's products bidding in the range of 70 million to 140 million shares. Huangfang Quantitative comprises Zhejiang Jiuzhang and Ningbo Huangfang Quantitative, both backed by Liang We
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16:51

U.S. Housing Market Index Falls to 34 in July, Extending 15-Month Streak Below 40

According to the National Association of Home Builders (NAHB), the U.S. housing market index (HMI) declined 2 points to 34 in July 2026, falling short of market expectations of 35. The index has now remained below 40 for 15 consecutive months, marking the longest streak since 2012. The current sales index dropped 1 point to 37, while expectations for sales over the next six months fell 2 points to 43. The index tracking potential buyer traffic also declined 2 points to 23. NAHB Chief Economist R
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16:49

Base Ecosystem Fund Opens Applications for Stablecoins, Credit, and Prediction Markets

According to BlockBeats, on July 17, Base announced it is accepting applications from global on-chain finance builders for its ecosystem fund. Selected projects will receive Pre-Seed and seed-round funding alongside ongoing support from the Base team. The fund prioritizes tokenization, stablecoins and emerging markets, credit, prediction markets, traditional and institutional markets, and AI agents. Focus areas include yield-bearing asset tokenization, stablecoins for emerging markets with cash-
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16:48

TON Strategy Completes Exit From Traditional E-Commerce, Shifts Focus to Gram Asset Management

According to Globenewswire, Nasdaq-listed TON Strategy Company announced on July 17 that it has completed its exit from traditional social e-commerce and software businesses inherited from Verb Technology, and will refocus on Gram (TON ecosystem token) asset management and TON ecosystem support. The restructuring primarily involves divesting MARKET.live traditional agency and livestream e-commerce services, as well as LyveCom social commerce software operations. The company expects this transiti
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16:44

T. Rowe Price Launches First Actively Managed Multi-Token Crypto ETF (TKNZ) on NYSE Arca

T. Rowe Price officially launched its first actively managed multi-token spot crypto ETF today (July 16), trading under ticker TKNZ on NYSE Arca. The fund, filed nearly nine months ago in October 2025, allows the $1.9 trillion asset manager to actively adjust portfolio allocations based on market research and outlook. TKNZ debuted with approximately $15 million in assets and carries a 0.75% management fee. Initial allocations include 40.75% Bitcoin, 18.42% Ethereum, 11.01% BNB, 9.44% Solana, 9.3
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16:41

German 2-Year Bund Yield Rises 2.5 Basis Points to 2.772% on July 16

On July 16, German 2-year Bund yield climbed 2.5 basis points to 2.772% in late European trading, trading within the day's range of 2.745%-2.791%. The 10-year yield advanced 1.2 basis points to 3.134%, continuing its upward momentum from Asia-Pacific close and hitting fresh daily highs at 20:42 Beijing time.
16:38

SharonAI Signs $1.32B Cloud Computing Deal, Shares Tumble 7% on Thursday But B. Riley Calls Buy-the-Dip Opportunity

SharonAI Holdings Inc. (SHAZ) signed a $1.32 billion cloud computing service agreement with a global artificial intelligence lab on Thursday (July 16), with revenue expected to commence in the first and second quarters of 2027. The company will deploy cloud computing solutions across data center infrastructure in New Zealand. Shares tumbled nearly 7% on the day, but B. Riley analyst Fedor Shabalin views the decline as a buying opportunity, noting this marks the company's "third major capacity an
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16:33

South Korea to Include Cryptocurrency in Fraud Victim Compensation Starting October 1

According to Etoday, on July 17, South Korea's Financial Commission announced new regulations that will include cryptocurrency assets transferred in telecom fraud cases within victim compensation scope. Frozen crypto assets will be returned by asset type and quantity; if assets differ in form, compensation will be based on the asset's form at the time of freezing. For mixed cash and crypto holdings, regulatory authorities will estimate crypto value at the time of freezing using market prices to
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16:33

US Senate Unanimously Passes Resolution Opposing Presidential Clemency for Sam Bankman-Fried

The US Senate unanimously passed resolution S.Res. 772 on Wednesday, with bipartisan support declaring that former FTX founder Sam Bankman-Fried should not receive executive clemency. Introduced by Senators Cynthia Lummis (R-Wyo.) and Ruben Gallego (D-Ariz.), the nonbinding resolution reflects rare agreement on holding crypto executives accountable. The Senate reaffirmed that Bankman-Fried's 25-year prison sentence reflects the scale of his crimes and the losses suffered by investors, who lost o
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16:30

Google Launches Gemini Omni, Updates Google Vids Digital Avatar Feature

According to Odaily, Google on July 16 launched Gemini Omni and updated Google Vids' digital avatar feature. The new capabilities are now available to Google AI Pro and AI Ultra subscribers, as well as Workspace enterprise customers. The update integrates Gemini Omni directly into Google Vids, enabling users to leverage advanced generative AI for content creation and digital persona applications.
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16:29

Tradable Plans to Bring Up to $1 Billion in Tokenized Private Credit Assets to Stellar

According to ChainCatcher, tokenization platform Tradable plans to bring up to $1 billion in private credit assets to the Stellar blockchain to expand institutional access to tokenized real-world assets (RWA). The initiative will launch with $500 million in notional value assets, scaling to $1 billion over time. Tradable will leverage Stellar's network to support compliance, investor onboarding, and asset lifecycle management functions. The company has already tokenized $1.7 billion in private c
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