Gate Crypto Flash News and Market Updates

According to Korea Exchange, South Korea's National Pension Fund and other pension funds switched to net buying 68.4 billion won worth of stocks on the Kospi market from July 1-24, defying market concerns of a massive sell-off. The fund had sold shares every month from January through June. SK Hynix was the top buying target, with 425.8 billion won in net purchases, followed by SK Innovation at 224.7 billion won. In contrast, Samsung affiliates led the net selling ranks, with SK Square at 575.7

According to Morgan Stanley analyst Jonas, SpaceX stock fell to $115.07 on Friday, down roughly 18% from its $135 IPO price in mid-June, suggesting the market has largely failed to price in the company's artificial intelligence business value. Jonas set a $300 price target, with over half of the valuation attributed to SpaceX's AI operations including Grok and Cursor. If the stock were to decline to $100, the market would effectively assign zero or negative value to SpaceX's AI business, Jonas n

According to reports compiled by Yonhap Infomax from 14 brokerage firms, SK Hynix' second-quarter operating profit is forecast to reach 64.09 trillion won on July 29, setting a record high. The Q2 operating profit is projected to exceed the company's full-year 2025 figure of 47.2 trillion won by approximately 17 trillion won. Combined with first-quarter operating profit of 37.61 trillion won, SK Hynix' first-half operating profit is expected to surpass 100 trillion won. Samsung Electronics' DS d

According to Constellation Research chairman Ray Wang, interviewed by CNBC and reported by Seeking Alpha, Nvidia's growth potential is largely reflected in its current valuation, but other AI beneficiaries remain undervalued. Wang highlighted that AMD still has significant upside, citing expanding data center demand and potential declines in computing and energy costs. He noted that tech giants including Microsoft, Alphabet, Amazon, and Meta will continue heavy AI capital spending despite market

According to Yonhapinfomax, Hyundai Motor Group Chairman Chung Euisun announced the company's Physical AI vision on July 24 at the San Francisco AI Summit. The vision extends beyond individual device intelligence to city-level integrated intelligence through connected systems across vehicles, robots, and manufacturing processes. Hyundai also established a Silicon Valley headquarters under its Advanced Driver Assistance Platform division and appointed Jeremy Ma, a veteran from NASA, Apple, Toyota

According to South Korea's exchange operator KRX and data firm Yonhap Infomax, individual investors' net purchases of ETFs reached 69.5 trillion won as of July 24. This accounts for 63.2% of total individual net buying volume in the main board market, indicating that for every 1 billion won retail investors allocate to the main board, approximately 630 million won goes toward ETF purchases.

According to Science Corp., the company's PRIMA retinal implant received CE approval this week and is now available for sale in 30 European countries, making it the first brain-computer interface device to obtain European certification. The subretinal photovoltaic implant, used with smart glasses, helps patients with geographic atrophy caused by age-related macular degeneration restore central vision. Clinical trials published in The New England Journal of Medicine showed 84% of 38 patients succ

According to Beating monitoring, Kimi team held a K3 product launch celebration event on Friday (July 25) at a venue in Beijing. The event featured messaging about 'K3 expansion upgrade' and displayed slogans like 'Reach for the moon.' Moon's Dark Side (Moonshot AI) co-founder and president Zhang Yutong was reportedly in attendance, with the team booking multiple VIP sections for the event.

According to a report released by South Korea's Insurance Research Institute on July 26, dollar-denominated insurance sales surged amid high won-dollar exchange rates, with first-quarter 2026 sales reaching approximately 47,000 contracts, more than double the same period last year. However, the Institute warned that short-term exchange rate expectations are driving sales growth, potentially leading to rising cancellation rates and consumer complaints. Data showed that while the number of redempt

According to Lido, today's stETH rebase annual percentage rate (APR) came in at 2.04%, below the expected 2.15%, due to the protocol's oracle failing to report an ongoing validator deposit of 32 ETH. The shortfall is not related to slashing or protocol penalties, and no funds are at risk. Contributors verified Lido's total validator balance on Ethereum's consensus layer and confirmed no risk to user funds. Once the oracle issue is fixed, the next rebase will include the previously unreported bal

According to @ai9684xtpa tracking data, Arthur Hayes has cumulatively purchased 3,914.84 ETH since July 15 through major market makers and exchanges, with an average price of $1,908.86 per ETH. He is currently underwater by $113,000 on the position. Most recently, 8 hours ago, he received 644.723 ETH from FalconX, consistent with USDC funds deposited 3 days prior, suggesting continued accumulation.

According to Foresight News, Changpeng Zhao recommended Dollar-Cost Averaging (DCA) on X, suggesting it as a strategy for long-term investment. DCA is a fixed-interval investment approach where investors allocate funds at regular intervals to mitigate the impact of price volatility on average purchase costs.

According to Foresight News, cryptocurrency exchange Upbit announced it will add an EUL trading pair denominated in Korean won (KRW).

According to Token Terminal on X, Robinhood Chain has surpassed 1.5 billion cumulative transactions with an average block time of approximately 100 milliseconds.

According to Jin10, Nvidia CEO Jensen Huang said on July 25 in an external media interview that talented people will always find excellent solutions, and China is destined to produce outstanding AI technology. He added that the world should continue to learn from and collaborate with Chinese developers.

According to ChainCatcher, as of July 25, 10 listed companies collectively held over 1 million BTC. MicroStrategy remained the largest corporate Bitcoin holder with 843,775 BTC, valued at approximately $58 billion. Other major holders included Twenty One Capital (43,514 BTC), Metaplanet (43,000 BTC), Marathon Digital Holdings (36,303 BTC), Bullish (24,300 BTC), Strive (19,921 BTC), SpaceX (18,712 BTC), Coinbase Global (16,492 BTC), Riot Platforms (15,680 BTC), and Cleanspark (13,924 BTC).

According to Beating, in a latest interview OpenAI CEO Sam Altman said humanity has entered technological singularity, describing it as a concept he once discussed casually with colleagues a decade ago. Altman noted that while a clear "singularity moment" may not exist, the current stage is critical in shaping AI's trajectory. Altman categorized AI products into three waves: chatbots (current), coding agents (emerging), and resident agents that work continuously like personal advisors or colleag

According to Odaily, SHIB surged over 26% intraday on July 26, reaching a high of 0.00000113 USD, currently trading at 0.00000532 USD based on OKX exchange data.

According to Benzinga and Intel's Q2 earnings report, the chipmaker formally committed in the second quarter to launching mass production of its next-generation 14A process by 2028, marking a dramatic shift from concerns raised just three months earlier about potential delays or cancellation due to insufficient customer demand. CEO Pat Gelsinger stated Intel has "decided to move forward with full acceleration of 2028 mass production," citing increased customer engagement, rising demand from Inte

According to Beating, an open letter titled "Open Weights and U.S. AI Leadership" has doubled in corporate signatures from 25 to 50 in two days. The letter, initially signed by Nvidia and Microsoft, calls on the U.S. government against premature restrictions on downloadable and self-deployable open-source AI models. OpenAI, Google, AMD, Cloudflare, GitHub, and Cisco have since joined the effort.