Gate Crypto Flash News and Market Updates

On Thursday, the UK government nationalized British Steel, taking full control of the previously Chinese-owned loss-making company to preserve domestic steel production capability. Prime Minister Keir Starmer stated the decision "secures the future of UK steel manufacturing, protects skilled

According to Jin10's tracking, the U.S. conducted its sixth consecutive night of strikes on Iranian targets on July 17, hitting military bases and infrastructure. Iran's Revolutionary Guards claimed strikes on U.S. positions at bases in Kuwait and Jordan, while the Islamic Revolutionary Guard

According to Xinhua News Agency, Brazil's Foreign Minister Mauro Vieira criticized U.S. Secretary of State Rubio today for attacking President Lula in a "rude and arrogant manner." Vieira stated that the U.S. announcement of 25% tariffs on certain Brazilian products lacks "any valid justification" a

According to data from Korea Securities Exchange and TimefoliO Asset Management, retail investors in South Korea reversed their ETF trading direction on consecutive trading days in mid-July. On July 15, when the KOSPI index surged 6.24%, retail investors bought inverse ETFs and sold leveraged

According to Iran's Mehr News Agency, twelve explosions were reported in the Bushehr region of Iran today.

According to Brazil's Foreign Minister Vieira, on July 16, the U.S. tariff of 25% on Brazilian imports lacks any factual basis and is driven by political motives. Vieira stated that the American measures are unacceptable, asserting that the investigation under Section 301 of the 1974 Trade Act is a

According to Galaxy research head on X, the court scheduled a hearing for September 8 at 2:30 p.m. to review requests for Bitcoin Policy to intervene as a defendant and Digital Chamber to join as an amicus curiae in the Noah Doe case, which involves claims to dormant Bitcoin holdings attributed to S

According to CME COMEX data, August gold futures fell $64 (down 1.58%) to $3,987.80 per troy ounce on July 16 in afternoon trading, marking the lowest level since June 30. Iran has instructed Yemen's Houthi militant group to blockade the Red Sea and Strait of Bab el-Mandeb if the U.S. attacks

According to EU Copernicus satellite imagery, at least four oil tankers are transporting cargo near UAE's Fujairah port and Oman's Sohar port. These areas serve as major transshipment hubs for vessels transiting the Strait of Hormuz, which then redirect cargo to final destinations. The timing of ves

According to the U.S. Central Command, on July 16, the U.S. Marine Corps' 11th Marine Expeditionary Unit conducted a boarding inspection on a tanker in the Gulf of Oman. As of now, U.S. forces have forced three commercial vessels attempting to breach the blockade to change course, disabled one non-c

According to market analysts, on July 16, chip stocks declined sharply amid investor concerns about whether massive artificial intelligence capital expenditures would generate sufficient returns to justify current valuations, with deteriorating U.S.-Iran tensions further dampening risk

Since South Korean government bonds were included in the World Government Bond Index (WGBI) in late March 2026, foreign investors have been making large-scale bond purchases. Cumulative net inflows reached 42 trillion won through mid-July, exceeding market expectations. However, a closer

According to Morgan Stanley investment strategist Denny Galindo, speaking to Coindesk, Solana (SOL) is a superior diversification asset compared to Ethereum (ETH) when paired with Bitcoin in investment portfolios. Galindo cited historical correlation data showing Bitcoin-to-SOL correlation at 0.72 v

According to the Korea Exchange, Samsung Active Asset Management and NH-Amundi Asset Management listed optical communication and satellite network-themed ETFs on July 14, 2026. The listings reflect growing investment focus on next-generation AI infrastructure as tech giants shift from power grid

According to Korea Exchange, SK Hynix's American Depositary Receipts (ADRs) listed on Nasdaq on July 10 have maintained a 14–50% premium relative to shares traded on the Korean exchange. As of July 15, ADRs traded at approximately 25% above domestic shares; on July 16, the premium widened to 42%.

On July 14, IBM announced a downward revision to its Q2 revenue guidance, cutting expectations from $17.8 billion to $17.2 billion, triggering a 25.21% stock collapse—the company's worst single day in 58 years. The same day, Oracle's credit rating was downgraded to BBB- by global rating agencies

According to Chosun Biz, private equity operator Stick Investment was selected today (July 16) as a general partner for the second tranche of South Korea's National Growth Fund. The selection marks a turnaround for the firm after facing fundraising difficulties despite earlier roles with the

According to South Korean financial market sources, SK Hynix's American Depositary Receipts (ADRs) maintain a premium of over 50% versus domestic shares as the company launches mutual conversion between its domestic stock and U.S.-listed ADRs on July 29. Financial analysts expect the premium to

According to New Mexico State Land Commissioner on July 14, the state regulator rejected Energy Transfer LP's application for natural gas pipeline right-of-way and commercial lease, determining that the project does not serve the state's best

According to 404 Media, a hacker breached AI music platform Suno in 2025 using malware called the Shai-Hulud worm and leaked source code documenting the company's training dataset. The compromised files revealed Suno scraped 113,879 hours from YouTube Music, 62,117 hours from stock library