Gate Crypto Flash News and Market Updates

According to Smart Finance, Jinghe Integration (02249), a 12-inch pure-play foundry, concluded its IPO subscription on July 7, 2026, with HK$164.534 billion in margin financing, representing 234.65 times oversubscription. The company plans to issue 216 million

According to CCTV, on July 7, Maersk and Hapag-Lloyd announced they will resume Suez Canal routes for part of their fleet through the Gemini alliance partnership. Global shipping lines began circumnavigating Africa in November 2023 after Houthi militants increased attacks on vessels in the Red Sea a

According to the Guardian, Vietnamese sportsbook QH88 used an AI-generated deepfake video on July 5 to fraudulently present Manchester United captain Bruno Fernandes as its official brand ambassador. The one-minute clip, looped on QH88's main website, purports to show Fernandes signing an ambassador

According to Foresight News, the Sierra Leone Ministry of Communication Technology and Innovation (MoCTI), Bhutan National Digital Identity Limited (NDI), and SIGN Foundation signed a memorandum of understanding to collaboratively design and deploy a national digital identity

According to Foresight News, Bybit will list GROVE on its spot market at 23:00 (Beijing time) today, July 7. The deposit channel is already open, with the withdrawal channel set to open on July 8 at 18:00. Grove is a RWA (real-world asset) platform offering institutional-grade asset allocation,

According to Bloomberg and Reuters, Broadcom extended its custom ASIC chip supply contract with Apple through 2031 on June 6. Apple represents approximately 20% of Broadcom's annual revenue and is the chipmaker's largest customer. The extension secures stable component supply for Apple while

According to LS Securities, foreign investors have sold a net 152 trillion won (approximately $115 billion) worth of South Korean stocks year-to-date in 2026, marking the largest annual outflow on record. Despite the KOSPI (South Korea's benchmark equity index) reaching all-time highs, persistent fo

According to Jin10, the CFETS-NEX yuan funding sentiment index reported 47 as of 14:30 on July 7, unchanged from 10:15. Among segments, large banks, small-to-mid-size banks, and non-bank institutions recorded 46, 48, and 46 respectively. Index readings above 50 indicate funding

France will release its May trade balance data in approximately 10 minutes.

According to SuperEx's official announcement, the exchange launched UNHUSDT, OSCRUSDT, SIMOUSDT, and APLDUSDT perpetual futures contracts on July 7 at 03:00 UTC. The new trading pairs support full margin, isolated margin, and split margin

According to ChainCatcher, Binance launches 10 bStocks (tokenized securities) trading pairs today (July 7) at 21:30 UTC. The pairs include Cerebras (CBRSB), Coinbase (COINB), Roundhill Memory ETF (DRAMB), Corning (GLWB), Alphabet (GOOGLB), Nebius (NBISB), Qualcomm (QCOMB), Semicon Bull 3X ETF

According to BlockBeats, citing Hyperinsight monitoring data, on July 7, a whale address (0x4b2) on Hyperliquid faced five liquidations of SK Hynix (SKHX) long positions during a sharp decline in Korean semiconductor stocks. The whale had accumulated 2,000 SKHX contracts around $1,620 starting July

According to Jin10, on July 7 at 22:00 (Beijing time), forex options including EUR, AUD, and JPY with 7 strikes over $1 billion are set to expire.

According to Odaily Seer, Mbappe's probability of winning the 2026 World Cup Golden Boot on predict.fun has climbed to 48%, surpassing Messi and marking a 22% weekly increase. Messi's odds have dropped to 34%, falling to second place, while Haaland has risen to 13%, moving ahead of Kane into third p

According to Gate data, the South Korean KOSPI index closed with declines narrowing to around 5% on July 7.

According to Bernstein, on July 7, the firm maintained its year-end Bitcoin target of $150,000 despite a 54% pullback from October 2025's $125,000 peak. The analyst noted the current drawdown is significantly smaller than the 75% to 90% declines typical of historical cycle peaks, suggesting market s

Korea will release its second-half economic outlook and policy measures next week.

According to Axios, on July 7, Iran launched at least two missiles at vessels in the Strait of Hormuz, with two commercial ships struck and severely damaged. The incident comes as tensions escalate in the region amid diplomatic disputes. Shipping through the Strait remains critical for global

According to Bloomberg, Ondas CEO Eric Brock said overnight that the global race to develop unmanned and autonomous defense technologies has shifted focus from innovation to large-scale manufacturing and supply chain localization. Brock stated that while developing advanced drone systems is no

According to BlockBeats, Tether is launching native USDT on the Bitcoin network today (July 7) via the RGB v0.11.1 protocol, with UTEXO handling commercial issuance and distribution. This marks USDT's first return to Bitcoin's mainchain since 2014, when it originally launched via the Omni protocol.