Gate Crypto Flash News and Market Updates

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 22, Shanghai Shengsheng Medical Pharmaceutical Cold Chain Technology Co., Ltd. (Shengsheng Cold Chain) submitted its application for listing on the HKEX main board. China International Capital Corporation Limited and Guoyuan

According to Daishin Securities, the brokerage cut Korean Electric Power (KOSEC) target price from 72,000 won to 64,000 won on July 23, citing delayed momentum for K-nuclear technology's U.S. market entry and South Korea's interest rate increases. The firm maintained its buy rating on the

According to KB Securities on July 23, the brokerage maintained a buy rating on Samsung Electronics with a 600,000 Korean won target price, citing the chipmaker as the largest beneficiary of Google's expanded AI infrastructure investments. KB Securities' research head Kim Dong-won noted that Samsung

According to Yonhapnews, South Korea may announce its first U.S. investment project under a bilateral trade agreement as early as August.

According to TheStreet, Aptos activated AIP-146, a feature that allows large APT stakers to run transactions with processing limits up to 100 times higher than the network standard. To access the multipliers, stakers must hold substantial amounts: approximately 1 million APT unlocks a 2x multiplier,

According to Bank of America, Wall Street analysts remain bullish on artificial intelligence hardware manufacturers and recommend holding these stocks despite recent market turbulence in July. The bank noted that the release of open-source AI models, including China's Kimi K3 launched on July 16, st

According to SEC Commissioner Hester Peirce, on July 22, moving crypto onto a blockchain does not automatically exempt it from securities law. In a statement titled "Headstands and Summervaults," Peirce cautioned that some companies are stretching legal interpretations through questionable

Federal lawmakers have introduced legislation that would prohibit senior government officials and their immediate family members from issuing or sponsoring digital assets while serving in office. According to CNBC, supporters of the bill have argued that public officials should not be in a

According to Zhitong Caijing, as of July 23, the Hang Seng Index's bull-bear street positions ratio stands at 50:50.
Bear warrant positions concentrate in the 25,300–25,399 range with 708 contracts outstanding, up 237 from the previous trading day. Bull warrant positions cluster in the 24,200–24,29

According to Zhitong Finance, the Hang Seng Index July futures (HSI) closed at 24,997 points on July 23, up 81 points or 0.325%. The contract traded at a premium of 104 points.

According to ZhiTong Finance, on Wednesday, July 23, the Hang Seng ADR Index rose to 24,929.5 points, up 36.84 points or 0.15% compared to Hong Kong's closing level. Among large-cap blue-chip stocks, HSBC

According to Haris Khurshid, Chief Investment Officer at Karobaar Capital, Tesla remains in "build mode" at the earnings call, with capital expenditure as a core long-term strategy. Khurshid noted that CEO Elon Musk devoted most of the call to explaining capital allocation logic rather than

South Korea's four major entertainment companies—SM Entertainment, YG Entertainment, Hive, and JYP Entertainment—saw their shares plunge an average of 40% year-to-date as of July 23, according to the Korea Exchange. SM Entertainment led the decline with a 49.33% drop, followed by YG Entertainment at

On July 22, the U.S. House of Representatives passed the annual National Defense Authorization Act (NDAA) with a vote of 216-212, totaling approximately $1.15 trillion. The bill will be sent to the Senate for voting.
The legislation authorizes funding for military aircraft development, including

According to Yonhap Infomax, the U.S. dollar index fell to 101.122 on July 22 afternoon (ET), down 0.057 points (-0.056%). The euro rose 0.084% to 1.14112 against the dollar, while dollar-yen fell to 163.148.
Euro strength reflected elevated inflation concerns in the eurozone following surging

According to Yonhapinfomax, on July 22 (US Eastern Time), the three major U.S. stock indices closed lower. The Dow Jones Industrial Average ended at 52,218.58, down 6.06 points (0.01%). The S&P 500 fell to 7,498.96, down 10.24 points (0.14%). The Nasdaq Composite closed at 25,690.90, down 146.30 poi

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 1.998 tons overnight, bringing total holdings to 1,007.871 tons.

Senate Republicans released a 616-page version of the Clarity Act cryptocurrency regulation bill on Wednesday, marking the first major legislative effort to oversee the digital asset industry. However, Democrats quickly signaled opposition, arguing that the bill's ethics provisions are too weak to a

iShares Silver Trust, the world's largest silver ETF, increased holdings by 22.49 tons compared to the previous day (July 21), bringing total holdings to 15,066.94 tons.

According to Financial News and Samsung Asset Management, on July 21-22, retail investors in South Korea made massive net purchases of covered call ETFs amid a sharp market decline. KODEX 200 Covered Call Active, which launched on July 14, recorded individual net inflows of 146.1 billion Korean