Gate Crypto Flash News and Market Updates

Gate News, July 21 — according to Gate market data, as of the time of publication, HEMI (Hemi) is trading at $0.00729. It’s up 41.12% over the past 24 hours, with a high of $0.00794 and a low of $0.00447. Its current market cap is approximately $3.9355 million. Hemi is a modular Layer 2 protocol designed to deliver outstanding scalability, security, and interoperability, supported by Bitcoin and Ethereum. Its core innovation is integrating a full Bitcoin node along with Ethereum Virtual Machine

Olicom International Limited (02314) issued profit guidance for the interim period ended June 30, expecting net profit growth of 64% to 71% year-over-year, primarily driven by improved marginal margins. The stock surged 12% to

According to Onchain Lens data, Circle minted 250 million USDC on Solana today. The total supply of USDC issued on Solana in 2026 has reached 71.01 billion tokens.

According to OpenRouter data, the share of tokens used by US enterprises on Chinese AI models has surged from below 10% a year ago to nearly 60% as of early July, with usage reaching 63% at its peak. DeepSeek emerged as the primary driver of this shift, indicating that Chinese models have moved

According to Heraeus precious metals analysts, gold prices have remained trapped between $3,950 and $4,200 per ounce since the Federal Reserve's June 17 meeting, with market participants prioritizing geopolitical concerns over positive economic data. Despite three successive price releases—PCE,

According to Financial Times and Nikkei, on July 20, U.S. gasoline prices surged above $4 per gallon amid an ongoing military confrontation between the U.S. and Iran that has lasted nine days. Strategic petroleum reserves have simultaneously fallen to their lowest level in 40 years, limiting the

According to Reuters on July 21, a 24-year-old South Korean university student using 5x leverage saw initial gains of approximately 15 times (from 20 million Korean won to nearly 300 million won) entirely wiped out within 4 weeks following May's stock market volatility, with forced liquidations

According to Korea Exchange, KOSPI and KOSDAQ opened higher on July 21 but switched to decline during early trading due to concurrent selling by foreign investors and institutional investors. The benchmark indices faced downward pressure as major sellers continued to exit their

According to Yonhapinfomax on July 21, South Korea's 91-day CD rates remained flat at 2.91% despite the central bank raising its benchmark rate by 25 basis points to 2.75% the previous week. Kookmin Bank and Hana Bank both issued CDs at this rate on July 20, showing minimal market response to the ra

According to Yonhap News Agency, South Korea's KOSDAQ index fell to 749.64 on July 21, retreating 35% from the level when the first National Growth Fund launched in May at 1,161.13. The index declined 9.86% in May, 14.76% in June, and 18.39% year-to-date through July 21.
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According to Seoul foreign exchange dealers on July 21, the USD/KRW exchange rate is expected to trade in a range of 1,472.00–1,485.00 won, pressured by diverging forces: mounting Middle East tensions support dollar strength, while active dollar selling flows from exporters' hedging and SK Hynix's $

According to the presidential office, South Korean President Lee Jae-myung stated on July 21 during a cabinet meeting that while artificial intelligence expansion is rapidly improving economic indicators, wealth inequality is also intensifying at an alarming pace. Lee emphasized the need to

According to SemiAnalysis, GitHub code publicly disclosed by an AMD AI executive revealed on Monday that Anthropic is testing or adopting AMD AI GPUs. The discovery suggests Anthropic is diversifying its chip supply chain beyond Nvidia and Google's TPU to reduce vendor dependency. Neither AMD nor An

On July 20, the U.S. State Department issued a global security alert, advising all American citizens worldwide to remain vigilant. The department cited escalating Middle East tensions and a complex security environment, warning of risks of potential unexpected escalation in the

According to Capgemini strategist Thomas Mathews, gold remains valuable as a hedge against stock market declines, though its recent performance suggests it is behaving more like a risk asset than a safe haven. The volatility of gold prices has recently matched that of the S&P 500 index. However, the

Hong Kong's Hang Seng Index opened marginally higher by 7 points to 25,150 today, recovering above the 25,000 level following yesterday's 580-point rally. The move came as the Hang Seng China Enterprises Index rose 0.9% while U.S. stocks declined amid ongoing U.S.-Iran tensions. The Tech Index opene