Gate Crypto Flash News and Market Updates

According to Jin10 Data, Japan's Finance Minister Shigeru Shioji dismissed reports on July 7 that the government of Prime Minister Sanae Takaiichi is attempting to steer interest rates lower, calling the media reports "completely inaccurate." "Reports that the government will encourage low interest

According to World Bank, on July 7, the organization maintained its economic growth forecast for China in 2026 at 4.4%, keeping the projection unchanged from its December 2025 report.

According to PANews, Gemini 3.5 Pro will launch on July 17, marking a delay from its originally planned June 2026 release. Google DeepMind abandoned its previous 2.5 Pro architecture in favor of a new pre-training approach for the 3.5 Pro version. The model is reported to show significant

According to ChainCatcher citing Coinglass data, Hyperliquid whales currently hold $5.249 billion in positions, with long positions at $2.577 billion (49.09%) and short positions at $2.673 billion (50.91%). Long positions are up $11.02 million unrealized, while short positions face an $114 million l

According to Koscom, Samsung Electronics and SK Hynix single-stock leverage exchange-traded funds (ETFs) received net inflows of 3.04 trillion won over the past week ahead of Samsung's Q2 earnings announcement on July 7 and SK Hynix's Nasdaq listing of American depositary receipts on July 10. The K

According to Gate data, Hong Kong tech stocks surged intraday on July 7. Meituan (03690.HK) led gains with an 8.5% jump, while Tencent (00700.HK) climbed over 5%. Xiaomi (01810.HK) rose more than 3%, and Alibaba (09988.HK) and Baidu (09888.HK) also advanced, each gaining over 2%.

According to Australian Financial Review, Anthropic plans to deploy 1.4GW of data center capacity in Australia with $15 billion in investment, targeting at least 1GW operational by the end of 2027. The infrastructure scale is equivalent to multiple large nuclear power plants and would support tens o

According to BlockBeats, Web3 gaming guild YGG announced on July 7 that its gaming publishing division YGG Play will close on August 1, impacting 35 job positions. The company committed to providing an additional eight weeks of salary to affected staff. YGG will continue operations with a smaller te

According to Ansem's announcement on X, ANSEM will inject creator fees into its liquidity pool to increase depth and launch SOL airdrops for community contributors. Rewards will be distributed in phases at higher valuations, with priority given to top-performing "Bagholders" on social media, plus

According to Form 144 filings, Rocket Lab (RKLB) CEO Peter Beck sold approximately 5 million shares on July 6, worth about $465 million. The stock sale was previously announced in March, with the sale window set to close by July 8. RKLB closed at $93.09 on July 6, down 7.37% for the

According to ChainCatcher, a whale wallet holding 22,567 ETH sold 7,347 ETH about 7 hours ago, incurring a $4.04 million loss, according to on-chain analyst Ai Yi. The address accumulated its position at an average price of $2,338 per ETH. The whale has transferred a total of 8,947 ETH to FalconX si

According to Democratic Party policy chair Han Jung-ae on July 7, concentrated investment in single-stock leverage ETFs is heightening volatility in South Korea's stock market and sparking investor concerns. The V-KOSPI volatility index, which measures future price swings of the KOSPI 200, reached i

Gate News, July 7 – According to Gate market data, as of press time, LAT (PlatON) is currently trading at $0.000667, up 51.05% in 24 hours, with a high of $0.000912 and a low of $0.000393. The 24-hour trading volume is $405,000. The current market cap is approximately $4.62 million. PlatON is initiated and promoted by the LatticeX Foundation as an open financial infrastructure. Based on the fundamental properties of blockchain and supported by a privacy computing network, it provides a next-gene

According to NEWSIS, South Korea's KOSPI index fell 5.78% to 7,586.12 points on the morning of July 7, with losses exceeding 6% during the session. Samsung Electronics and SK Hynix, the nation's two largest semiconductor stocks, declined 7% and 6% respectively, driving the broader selloff. The

According to the Korean stock exchange, Hanwha Ocean shares fell 22.57% to 89,900 won at 9:55 a.m. on July 7 after the company failed to secure preferred negotiation status for Canada's 60 trillion won submarine project. The Canadian government selected Germany's ThyssenKrupp Marine Systems as the p

Mirae Asset Securities announced rate cuts on June 6 to reduce customer financing costs amid market volatility. The announcement comes as South Korea's Board of Audit and Inspection conducts inspections on financial regulators' investor protection practices, with loan rate adequacy listed as a key a

According to Caixin, Guangdong Provincial Hydrology Bureau issued its first red flood warning of 2026 for the Xijiang River's Fengkai section on July 7 at 8 a.m., after upstream inflows caused continued water level rise. At the Jiangkou station in Fengkai County, Zhaoqing, water level stood at 17.24

According to Kai-Piu Macro economist Abhijit Surya, Japan's labor cash income growth slowed to 3.2% in May from 3.6% in April, but this is unlikely to prevent further Bank of Japan rate hikes. Despite the recent moderation, Surya noted that basic wage growth indicators remain well above 2025

According to Morgan Stanley's latest report analyzing May SIA data, Meta's development of an internal GPU cloud service reflects severe semiconductor scarcity rather than pure commercial competition with AWS and Azure. The bank noted that when major enterprises with the strongest in-house

According to the Wall Street Journal, South Korea's stock market faces risks of becoming a "casino-like" trading environment due to overheating and excessive leverage products, the outlet reported recently. The WSJ cited concerns over excess speculation and noted that foreign investors have been