Gate Crypto Flash News and Market Updates

Gate News: According to an official Gate announcement, Gate ETF will launch multiple new 3x ETFs. The newly listed trading pairs include TSM3L/3S (TSMC), EWY3L/3S (iShares MSCI Korea ETF), and DRAM3L/3S (LSEG Storage Chips ETF). Trading will open on July 17, 2026 at 15:00 (UTC+8), with an initial Net Asset Value (NAV) of 1 USDT. Gate ETF is a trading product with built-in leverage and an automatic rebalancing mechanism. Users do not need to pay margin; by simply buying and selling crypto, they c

CEO Elon Musk announced Thursday evening (July 16) that SpaceX canceled Starship's 13th test flight after multiple engines failed to start during the 90-minute launch window. Musk stated on X that the company would replace two Raptor engines and target next week for the next attempt. SpaceX stock

According to ChainCatcher, MegaETH co-founder Shuyao Kong announced the MegaMafia incubation program will halt and will not release a 3.0 version. The two-year initiative supported 20 teams that completed over $80 million in financing, with MegaETH investing millions in market-making, lending,

According to Hyperinsight monitoring, a major Bitcoin shorter that opened a $45.9 million BTC short position yesterday successfully exited with approximately $974,000 profit on July 17. The short was triggered for full liquidation this morning when Bitcoin broke the preset stop-profit level of $63,5

According to China's State Administration of Foreign Exchange (SAFE), China's foreign debt structure continued to optimize as of the end of Q1 2026. Renminbi-denominated foreign debt accounted for 55% of total external debt, up 10 percentage points from end-2022, while medium and long-term foreign d

According to China's State Administration of Foreign Exchange, service trade exports grew an average of 14% annually over the past five years, with growth accelerating to 21% year-over-year in the first five months of 2026.

According to Bitget's official announcement on July 17, the exchange has launched perpetual contracts for four stocks: CPNG (Coolpay), PKX (POSCO Holdings), MUFG (Mitsubishi UFJ Financial Group), and TM (Toyota Motor). All contracts are settled in USDT, support up to 20x leverage, and are

According to Jin10, Iran's military conducted drone attacks on U.S. military troop deployment and logistics support facilities in Kuwait on July 17.

According to Bloomberg and a First Gen Corporation disclosure to the Philippine Stock Exchange on July 15, Indonesia's PT Barito Renewables Energy Tbk made an unsolicited, indicative, and non-binding offer to acquire Energy Development Corporation (EDC) at an equity value of approximately US$5

China's ChiNext Index (Shenzhen Stock Exchange's growth enterprise board) broke below 3500 points today, falling 5.3% intraday.

According to eyewitnesses, loud explosions were heard in Qatar's capital Doha following a second official security alert received on mobile devices. The incidents mark a recurrence of similar incidents in the

According to a statement from China's State Administration of Foreign Exchange (SAFE) at a press conference on July 17, the regulator is accelerating preparations to release a new round of Qualified Domestic Institutional Investor (QDII) quotas in the near term. SAFE Capital Account Division

According to Guru Club, Shanghai Silver futures fell over 5% on July 17, trading at 13,334 yuan per kilogram.

According to Jin10, China's State Administration of Foreign Exchange announced on July 17 five measures to enhance international payment statistics accuracy and transparency. The measures include optimizing commodity trade data sources, improving international transportation service statistics, and

According to Korea Exchange, on July 16, investors in single-stock leveraged ETFs tracking SK Hynix saw losses of 34%, far exceeding the stock's 7% decline. The excessive losses stem from volatility drag, a phenomenon where the 2x daily-return tracking structure causes compounding losses during

According to Xiao Sheng, director of the Capital Account Management Department of the State Administration of Foreign Exchange, China's foreign debt reached $2.41 trillion at the end of Q1 2026, up slightly from the previous quarter. The country's external debt has remained generally stable over the

According to options analyst Jon Najarian, AST SpaceMobile shares plunged 17% on Thursday (July 17) to close at $55.01, marking their worst single day in over two years, following announcement of a $1 billion convertible-note offering at a conversion price of $79.57 per share. Najarian called the st

According to Guru Club, spot silver fell below $55 on July 17, touching $54.8445 per ounce and marking its lowest level since December 2025.
This represents a cumulative decline of 54.92% from the intraday record high of $121.6485 reached on