Gate Crypto Flash News and Market Updates

According to official data released by the Chongqing Statistics Bureau and the National Bureau of Statistics Chongqing Investigation Team, the city's regional GDP reached 1.67 trillion yuan (RMB) in the first half of 2026, up 4.2% year-over-year in real terms. The primary industry expanded 4.1% to 7

According to The Block, on July 21, a Washington state judge issued a preliminary injunction against prediction market platform Kalshi, ruling it constitutes illegal gambling under state law. Kalshi responded that states

According to the Financial Action Task Force (FATF), as of 2026, global regulatory progress on virtual assets (VA) and virtual asset service providers (VASP) continues to advance. The FATF's latest report shows that 86% of jurisdictions have completed risk assessments for virtual assets, while 83% h

According to Financial News on July 21, Hyundai Motor's second-quarter earnings are expected to fall short of market forecasts due to component supply disruptions and overseas factory production halts. KB Securities downgraded its price target from 1.2 million KRW to 900,000 KRW (a 25% cut) but

According to Bloomberg, Zhipu AI has completed a 1GW data center that uses only domestic chips and has begun partial operations, according to sources monitored by Beating. The facility, designed primarily for training and iterating the GLM model, is one of China's largest AI computing centers. Zhipu

On July 20, Samsung BioLogics announced the acquisition of PolyPeptide Group AG for 2.7 trillion Korean won, according to NICE Credit Rating and Samsung BioLogics' official disclosure. The Swiss peptide contract development and manufacturing organization (CDMO), listed on SIX Swiss Exchange, will

According to Yonhap Infomax, on July 21 before 9 a.m., the USD-KRW spot MAR (market average rate) quotes in the Seoul foreign exchange market traded at par level. The NDF fixing position was square, indicating a neutral stance among regional market

According to Newsis, South Korea's KOSPI index rose to 6,723 on the morning of July 21, up 3.19% from the previous close as foreign investors switched to net buying. Foreign investors purchased 290 billion Korean won in net, while institutional buyers added 220 billion won. Samsung Electronics

According to Cointelegraph, SpaceX will release its Q2 2026 earnings report and host an earnings webcast on August 4. The earnings call will be simultaneously streamed on X.

According to Goldman Sachs, geopolitical tensions in the Middle East pose upside risks to its fourth-quarter 2026 forecasts for Brent and WTI crude oil at $80 and $75 per barrel, respectively. If the Strait of Hormuz remains disrupted, Brent crude could surge to $120 per barrel during the same

According to iNews24, multiple South Korean Kosdaq large-cap companies are delaying their planned transfers to the Kospi market as of July 21. The postponements are primarily driven by expectations of government stimulus policies aimed at revitalizing the Kosdaq, with companies seeking to benefit

According to SoSoValue data cited by PANews, Bitwise XRP Spot ETF recorded $2.4909 million in net inflows on July 20 (U.S. Eastern Time). The ETF's historical cumulative net inflows have reached $501 million. As of reporting, the XRP Spot ETF complex holds total assets under management of $1.017

According to Coinglass data, whale positions on Hyperliquid currently total $5.547 billion with a long-to-short ratio of 0.95 as of July 21. Long positions amount to $2.705 billion (48.76%) while short positions total $2.842 billion (51.24%).
A major whale address initiated a 3x leveraged short on

According to South China Morning Post, Hong Kong Exchanges and Clearing (HKEX) is reviewing proposals to extend afternoon trading hours to either 5 or 8 p.m., as announced on July 20. Currently, HKEX operates 5.5 hours daily on weekdays, from 9:30 a.m. to 4 p.m. local time, excluding a one-hour

According to Yonhapinfomax, on July 21, South Korea's 3-year government bond benchmark yield surged to 3.916% intraday, approaching 4% for the first time in approximately 2 years and 8 months. The last time the yield touched 4% was November 1, 2023, when it closed at 4.073%. Global investment

According to the Financial Services Commission on July 16, South Korea announced supplementary measures for single-stock leveraged ETFs and ETNs, raising minimum cash deposits for retail investors from 10 million won to 30 million won and increasing trading units from one share to 20 shares. The mea

According to Taiwan prosecutors on July 20, a former TSMC executive was indicted for allegedly stealing national critical technology secrets to assist China's semiconductor development. The defendant is accused of unlawfully copying 21 confidential TSMC documents involving core national technology a

According to Benzinga, citing BofA Global Research and Bloomberg data, semiconductor ETFs have attracted $46 billion in net inflows year-to-date as of July 2026, accounting for 31% of total assets under management in the sector. This represents more than double the cumulative inflows from 2017 to 20

According to BlockFlow KOL sentiment platform, Cash Cat (CASHCAT) on Robinhood Chain received bullish calls from multiple KOLs over the past 24 hours, with the token trading in the $0.072-$0.081 range.

According to a statement from Iran's Islamic Revolutionary Guard Corps, two oil tankers attempting to transit through the Strait of Hormuz via what the Guard described as a southern "dangerous route" exploded and caught fire on