Gate Crypto Flash News and Market Updates

Several key economic data releases are scheduled for today (July 19, Beijing time). China will release its July Loan Prime Rate at 09:00, followed by Germany's June Producer Price Index at 14:00. Canada's June Consumer Price Index is due at 20:30, and the U.S. Conference Board Leading Economic Index

According to F&Guide, on July 19, 94 of 233 South Korean listed companies with coverage from three or more brokers downwardly revised their Q2 operating profit forecasts in the past three months. The earnings downgrades were driven by prolonged Middle East tensions and surging international energy p

According to an exclusive CNBC interview, Warren Buffett disclosed that he personally proposed Berkshire Hathaway's $30 billion investment in Alphabet, contrary to market speculation that successor CEO Greg Abel initiated the move. Buffett stated he suggested the idea first, though Abel's approval w

According to Seoul Economic, Novartis acquired British biotech firm Myricx Bio today for up to $1.5 billion, signaling major pharma's shift toward next-generation antibody-drug conjugates (ADCs). The deal includes an $1.1 billion upfront payment and up to $400 million in milestone payments. Myricx s

According to ChainCatcher, Vitalik recently announced on X that he has developed a toy demonstration version of a "moderated anonymous bulletin board" idea on Aztec. The concept is derived from his earlier work on using SNARKs and is currently in early stages but already implements interesting and n

According to the U.S. State Department, U.S. Secretary of State Marco Rubio met with Lebanese President Joseph Aoun in Washington on July 19 to discuss the implementation of the trilateral U.S.-Lebanon-Israel framework agreement. The two sides addressed the disarmament of Hezbollah, destruction of i

According to Korean Economic TV, over the weekend, Chinese AI platform Baidu's Wenxin AI launched a new AI model called Kimi K3, sparking concerns about reduced investment in OpenAI and Anthropic. The news triggered a decline in semiconductor stocks, with the Philadelphia Semiconductor Index

South Korea's presidential office raised the minimum deposit requirement for single-stock leverage exchange-traded funds (ETFs) to 30 million KRW last week, according to policy chief Kim Yong-beom. The measure aims to address excessive capital concentration in Samsung Electronics and SK Hynix levera

According to official statements and presidential policy chief Kim Yong-beom, the South Korean government plans to discuss follow-up measures for leverage exchange-traded funds (ETFs) on July 20, with delisting ruled out as an option. The market for single-stock leverage ETFs, which surged to 12

According to MarketWatch, HSBC analyst Nicolas Cote-Colisson upgraded Apple (AAPL-US) to buy from hold on July 17, raising the price target from $260 to $366, implying about 10% upside. The stock has surged 19.98% over the past 15 trading days, outpacing the S&P 500 index which gained only 1.91% in

According to Guru Club, Brent crude oil futures broke above $90 per barrel on July 20, marking the first time since June 11.

According to on-chain data shared via X, the trader who legally obtained 4.426 trillion BONK tokens through governance on July 6 sold another 800 billion BONK tokens today, worth approximately $2.48 million. The trader still holds 2.4 trillion BONK tokens valued at roughly $6.94 million at current p

According to Guru Club, spot gold fell 0.44% on July 20, trading at $3,998.57 per ounce. Spot silver declined 0.52% to $55.59 per ounce.

According to The Block, Michael Saylor, co-founder and executive chairman of MicroStrategy, published a 110-point essay on X on Saturday urging the Bitcoin network to reject BIP-110, a proposed anti-spam soft fork. The essay, titled "110 Reasons BIP 110 Is a Bad Idea," garnered over 840,000 views

WTI crude oil opened 2% higher on Monday, trading at $84 per barrel.

Spot silver fell 0.4% in early trading on July 19, trading at $55.64 per ounce.

Spot gold fell nearly $20 and broke below $4,000 per ounce at Monday's market open.

According to Seoul Kyungje, HLG Genomics, a subsidiary of Hanrim Pharmaceutical specializing in active pharmaceutical ingredients (APIs), will list on Korea's KOSDAQ market on July 24 with an offer price of 21,500 Korean won at the top end of the target range (18,500–21,500 won). The company's

According to CME Fed Watch data, the probability of the Federal Reserve keeping interest rates unchanged in July stands at 85.6%, with a 14.4% chance of a 25 basis point rate increase.
Looking ahead to September, the CME data shows a 38.5% probability of maintaining rates, versus a 53.5% probabilit

According to CCTV, on July 19, Israeli Defense Forces Chief of Staff Gadi Eizenkot stated the military has prepared to immediately resume combat operations while closely monitoring the situation in Iran and maintaining high alert status. Eizenkot said during a situation assessment in the West Bank t