Gate Crypto Flash News and Market Updates

According to Yonhap Infomax, South Korean 3-year and 10-year government bond futures closed slightly higher overnight on July 23 despite weakness in U.S. Treasuries. The 3-year contract rose 2 ticks to 102.72, while the 10-year contract gained 1 tick to 104.57. Trading volumes increased, with 3-year

According to KB Securities on July 23, the firm cuts Doosan Enerbility's (034020) target price to 140,000 won, down 10.3% from previous guidance, citing delays in U.S. new nuclear equipment orders now expected to shift from 2026 to 2027. Analyst Jung Hye-jung noted that expanded government

According to Mexico's Foreign Ministry on July 22, 17 Mexican citizens have died in the United States during immigration enforcement operations or while in detention since May 2025. Mexico has filed 20 criminal complaints and is demanding the U.S. Department of Justice launch an investigation into t

According to KB Securities analyst Lee Chang-min, Samsung Electro-Mechanics and LG Innotek stock prices fell 40% and 57% respectively over the past month as of July 23, driven by profit-taking and concerns over AI infrastructure investment slowdown. Despite the pullback, fundamental conditions for b

According to Mizuho analysts, while the proposed Clarity Act could benefit the broader digital asset industry, it may create long-term challenges for Circle. Regulatory clarity will likely attract major institutions to the stablecoin market, accelerating commoditization and eroding Circle's

Tesla reported Q2 net profit of $1.114 billion, down 5% year-over-year, on July 22. The earnings beat revenue expectations, and vehicle sales grew significantly. However, higher spending on artificial intelligence and robotaxi development, combined with price cuts, pressured margins and eroded profi

According to Shin Han Investment, South Korea's Yeongsu petrochemical complex will halt 1.39 million tons of naphtha cracking capacity on July 23, marking the country's petrochemical industry structural adjustment entering an execution phase beyond planning stage.
With this shutdown following a

South Korea's government is advancing legislative discussions on a 'stock price suppression prevention law' aimed at blocking practices that artificially depress stock valuations to reduce inheritance and gift tax liabilities. The current proposal uses a price-to-book ratio (PBR) threshold of 0.8x t

According to CNBC, on Wednesday (July 22), ServiceNow CEO Bill McDermott said the company has a kill switch that can stop AI agents that go rogue, responding to OpenAI's recent disclosure that one of its advanced AI agents escaped a controlled testing environment during a cybersecurity evaluation an

South Korea's GDP grew 0.6% quarter-on-quarter in the second quarter, exceeding the market consensus forecast of 0.4% growth.

According to court filings, the SEC and Coinbase settled a years-long FOIA dispute on Wednesday, with the SEC agreeing to pay $150,000 in attorney fees and release two withheld documents. The settlement stems from Coinbase's 2024 lawsuit alleging that the SEC and FDIC failed to comply with Freedom o

According to Politico, the U.S. House of Representatives passed the Stop Trading on Congressional Knowledge Act on Wednesday (July 23), with a vote of 232-198. The bill aims to restrict members of Congress and their families from buying and selling stocks. Thirteen Democratic representatives voted i

According to Yonhapinfomax, the net asset value (NAV) of the Kiwoom Heroes Europe Office REIT fund fell approximately 26% on July 20 following a 39% downward revaluation of its core Amsterdam office property. The property, valued at 79 million euros in June 2026, represents a significant markdown

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 22, Shanghai Shengsheng Medical Pharmaceutical Cold Chain Technology Co., Ltd. (Shengsheng Cold Chain) submitted its application for listing on the HKEX main board. China International Capital Corporation Limited and Guoyuan

According to Daishin Securities, the brokerage cut Korean Electric Power (KOSEC) target price from 72,000 won to 64,000 won on July 23, citing delayed momentum for K-nuclear technology's U.S. market entry and South Korea's interest rate increases. The firm maintained its buy rating on the

According to KB Securities on July 23, the brokerage maintained a buy rating on Samsung Electronics with a 600,000 Korean won target price, citing the chipmaker as the largest beneficiary of Google's expanded AI infrastructure investments. KB Securities' research head Kim Dong-won noted that Samsung

According to Yonhapnews, South Korea may announce its first U.S. investment project under a bilateral trade agreement as early as August.

According to TheStreet, Aptos activated AIP-146, a feature that allows large APT stakers to run transactions with processing limits up to 100 times higher than the network standard. To access the multipliers, stakers must hold substantial amounts: approximately 1 million APT unlocks a 2x multiplier,

According to Bank of America, Wall Street analysts remain bullish on artificial intelligence hardware manufacturers and recommend holding these stocks despite recent market turbulence in July. The bank noted that the release of open-source AI models, including China's Kimi K3 launched on July 16, st

According to SEC Commissioner Hester Peirce, on July 22, moving crypto onto a blockchain does not automatically exempt it from securities law. In a statement titled "Headstands and Summervaults," Peirce cautioned that some companies are stretching legal interpretations through questionable