Gate Crypto Flash News and Market Updates

On July 23, the European Commission fined Alphabet's Google 890 million euros (approximately $1 billion) for breaching the Digital Markets Act (DMA), citing unfair preferential treatment of its own search services and restrictions on third-party developers. Google was penalized 460 million euros for

According to GIC, Singapore's sovereign wealth fund rebalanced its geographic allocation for the fiscal year ending March 31. Exposure to the Americas rose to 53% from 49% year-over-year, while Asia-Pacific exposure declined to 22% from 24%. The fund's exposure to Europe, Middle East, and Africa

Gate News: According to the latest Gate TradFi data, NAS100 (Nasdaq 100) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to the U.S. Treasury Department, on July 23, the Trump administration maintained South Korea on its currency watchlist. The move was included in a semi-annual report on macroeconomic and exchange rate policies of major trading partners submitted to Congress. South Korea remained among

According to Korea Exchange, SK Eternics, a renewable energy developer, surged 101% in one month, reaching 80,600 won on July 23, rising 30% from the previous trading day. Over the same period, SK Hynix fell 34.26% to 1.919 million won from 2.919 million won, while Samsung Electronics

According to TheStreet, the DADDY Solana-based meme coin supported by Andrew Tate crashed 46.5% to $0.007916 since his arrest in Miami on July 19. Tate and his brother Tristan were arrested on a sealed warrant, with the U.K. seeking their extradition on rape and sex trafficking charges. DADDY hit an

According to Korea Exchange data on July 23, South Korea's top three department store chains—Hyundai Department Store, Lotte Shopping, and Shinsegae—declined sharply this month after hitting peaks in June. Hyundai Department Store fell 31.31%

According to Korean media on July 23, SK Ecognics, a renewable energy developer, surged 55% in July and hit an all-time high of 80,600 won (up 30%) on July 22, significantly outperforming the KOSPI index. The rally was driven by a rebound in international oil prices as Middle East tensions

According to Economist, on July 20, South Korean retail investors placed simultaneous bets on both rising and falling prices for SK Hynix-related exchange-traded funds (ETFs), with KODEX SK Hynix Leverage recording 4.2899 trillion Korean won in daily trading volume and SOL SK Hynix Inverse 2X

According to BitcoinTreasuries.NET, South Korea's second-largest asset manager Mirae Asset Global Investments disclosed an increase in its Strategy stock holdings. The firm purchased an additional 25,573 shares valued at $2.42 million and now holds a total of 135,951 shares worth $12.87 million. Mir

According to Bloomberg analyst Eric Balchunas, HedgeEye has launched Democratic and Republican prediction ETFs. Each fund will continuously track the electoral performance of each party in U.S. federal

According to Korea Exchange, South Korea will expand ETF trading hours starting September, allowing transactions during aftermarket hours (4 PM to 8 PM) in addition to the current 3:30 PM closing. The alternative exchange Nextrade plans to introduce both pre-market (8 AM to 8:50 AM) and aftermarket

Spot gold fell 1.96% to $4,049.48 per ounce at New York close on July 23, dipping intraday to a session low of $4,040.27 before stabilizing around the $4,040 level. COMEX gold futures dropped 2% to $4,052.30 per ounce. Spot silver declined 3.60% to $57.5967 per ounce, while COMEX silver futures fell

According to Edaily, South Korea's government has launched a settlement committee to begin calculating compensation losses for oil refineries four months into its fuel price cap policy. The committee, chaired by Seoul Science and Technology University professor Yoo Seung-hun, will begin processing r

According to Chosun Biz, ITM Semiconductor, a KOSDAQ-listed company, issued a zero-coupon convertible bond (CB) today to replace higher-yielding exchangeable bonds (EB). The move is part of the company's strategy to reduce financial burden and accelerate balance sheet improvement amid operational ch

Mirae Asset Securities is leading a series of major KOSPI listings this week and next week, according to Chosun Biz. The firm recently filed for listing review of Sono International, which targets a pre-IPO valuation in the early 3 trillion won range. It is simultaneously preparing two additional

According to U.S. officials, on July 23, tariffs on India and other countries will be reduced from 12.5% to 10%.

According to Yonhap Infomax, President Donald Trump stated on July 23 that the United States will continue military action against Iran. Speaking at a White House event, Trump said the U.S. is "doing very well against Iran" and that Iran is "not yet ready" for further confrontation, adding that Iran

According to a Thursday announcement, Coinbase Business users can now accept USDC payments from autonomous AI agents through the x402 payment standard, which Coinbase introduced in May 2025 to enable stablecoin payments over HTTP for AI agents, applications and APIs.
The company also launched AI tr

On Thursday (July 23) in late New York trading (04:59 Beijing time Friday), the offshore Chinese yuan (CNH) traded at 6.7775 against the U.S. dollar, down 24 pips from Wednesday's close. Intraday trading ranged between 6.7676