Gate Crypto Flash News and Market Updates

According to credit rating agencies, in H1 2026 regular assessments, none of the 14 major South Korean petrochemical companies received credit rating upgrades, marking a comprehensive failure in credit recovery. LG Chem's rating fell from AA+ to AA, while Yeochen NCC dropped from A- to BBB+, and

German 10-year government bond yields (Bunds) reached 3.2014% on July 23, marking the highest level since 2011. The yield surge reflects recent monetary policy shifts and broader European fixed-income market

According to Jin10, World Metals and Alloys Limited (WMA FZC) announced on July 22 that it is suspending production at its Emang and Boskop mines effective immediately, citing deteriorating market conditions. The company is also reducing exports by more than 60% from previous levels. The measures ar

According to Goldman Sachs' latest global outlook, global stock markets fell approximately 2% last week, with technology stocks sliding 5% amid momentum unwinding and profit-taking. Japan, South Korea, and Taiwan experienced steeper declines of 3% to 9%. Goldman's strategy team warned that the

According to China's Ministry of Commerce (as reported by Xinhua News Agency), China and the U.S. are soliciting opinions on tariff reduction arrangements and will expedite implementation. The announcement was made on

According to an official announcement on July 23, Binance Wallet will open Alpha airdrop claims tonight at 7 PM. Users holding at least 256 Alpha points can claim tokens on a first-come, first-served basis until the airdrop pool is fully distributed or the campaign

Spot gold fell below $4,100 per ounce today, declining 0.73% intraday.

German 10-year government bond yields rose to 3.198%, reaching a two-month high.

According to Justin Kim, head of Avaabs Asia, on July 23 during an NHN KCP X Avalanche payment seminar in Seoul, stablecoins have entered a stage of practical corporate infrastructure deployment. Hyundai Motor Group used Avalanche blockchain and USDT to transfer funds from

According to Jin10, EU Commission President Ursula von der Leyen announced on July 23 that 32 Russian banks, along with crypto companies and oil trading platforms, have been added to its sanctions list.

According to Yonhapnews, Lotte Chemical received 310 billion won in orders for its 200 billion won three-year bank-guaranteed bond offering on July 23, achieving a 1.6x subscription ratio. The spread was set near the upper end of the company's target band, with a 35 basis point premium to

According to South Korea's Korea Securities Depository (KSD), SK Hynix set a 2.5% ceiling on the proportion of shares convertible to American Depositary Receipts on July 23. The firm has exhausted its ADR conversion quota and can no longer process new

According to data from South Korea's National Statistics Office released on July 23, youth unemployment exceeding three years reached 19.4% of all jobless young people as of May 2026, marking the highest level since the statistics began in 2007. Among unemployed youth aged 15-29, 48.6% had been jobl

According to CNBC, on July 22, Alphabet and Tesla reported second-quarter revenue that beat market expectations, yet spooked investors with massive capital expenditure plans and negative free cash flow shifts. Tesla shares fell 4% and Alphabet declined 3% in after-hours trading.
Alphabet raised

According to CryptoQuant founder Ki Young Ju, on July 23, bitcoin spot demand is weakening while futures market demand remains positive but has declined significantly from levels seen three months ago during the market recovery

According to the Financial Services Agency, Japan could approve and list its first spot Bitcoin exchange-traded fund as early as 2028, marking a reversal in regulations that historically prevented investment trusts from holding cryptocurrencies directly. The FSA is considering adding digital

According to China's Foreign Ministry spokesperson Lin Jian on July 23, Foreign Minister Wang Yi is en route to Kyrgyzstan to attend the Shanghai Cooperation Organization foreign ministers meeting in Bishkek. When asked by Reuters whether Wang Yi plans a bilateral meeting with Russian Foreign Minist

According to Jack Dorsey and Block, the fintech firm launched Buzz, a free, open-source workspace collaboration tool combining chat, code, AI agents, and workflows, earlier this week on Tuesday. The platform is built on Nostr, a decentralized messaging protocol, and treats AI agents as full

According to EU Commission President Ursula von der Leyen, the European Union has sanctioned vessels assisting Russia's shadow fleet for the first time. The move marks an escalation in the bloc's efforts to counter circumvention of existing sanctions targeting Russian oil

According to the Shanghai Gold Exchange, gold T+D futures closed down 0.2% at 895.5 yuan per gram on July 23, while silver T+D futures rose 0.03% to 14,499 yuan per kilogram on the same day.