Gate Crypto Flash News and Market Updates

U.S. Magistrate Judge Enjoliqué Lett dismissed President Trump's request to prevent the BBC from issuing dozens of subpoenas to members of his inner circle as part of the broadcaster's defense in a $10 billion defamation lawsuit. The subpoenas were issued in connection with BBC's coverage of Trump's

According to Onchain Lens, a Hyperliquid whale deposited 3.71 million USDC today and placed orders to buy 30 BTC at $65,945-66,214 (approximately $2.68 million). The whale currently holds $8.67 million in long positions with no short positions, including 14x leveraged CL longs showing unrealized

According to Jin10 Futures, the CFETS-NEX onshore yuan funding sentiment index fell to 47 as of 08:45 on July 22, declining 1 point from 16:00 on July 21. By institution type, the index for large-sized banks, medium and small banks, and non-bank institutions stood at 46, 48, and 46 respectively,

According to Mirae Asset, the combined net assets of TIGER S&P 500 ETF and TIGER Nasdaq-100 ETF surpassed 30.99 trillion Korean won on July 22. The two flagship products now account for over 50% of total AUM among all U.S. benchmark index ETFs listed on the Korean stock exchange, ranking as the

According to an interview with Asia Economy News yesterday (July 21), Bae Jae-kyou, CEO of Korea Investment Trust Management and known as the father of ETFs, emphasized that artificial intelligence represents a 20-to-30 year megatrend comparable to historical breakthroughs like steam engines,

Japan's Nikkei 225 index expanded its intraday gains to 2% on July 22.

According to Goldman Sachs research published recently, the investment bank upgraded China BAK Battery (Zheng力新能, 03677) to Buy with a 12-month price target of HKD 13.0, implying 139% upside from recent levels. The company trades at

According to Cointelegraph, Balaji Srinivasan, former Coinbase CTO and founder of the digital nomad community Network School, announced on July 22 that the company will establish a new campus in Kazakhstan. The expansion comes after Malaysia revoked the startup's business license in the state of

According to Korea Exchange, South Korea's KOSPI index surged 5.96% to 7,150.26 as of 9:15 a.m. on July 22, reclaiming the 7,000-point level. The rally was driven by gains in semiconductor stocks, with major chipmakers leading the market

According to Korea Economic TV, Samsung Electronics rallied 5.79% to 274,000 Korean won at market open on July 22. The stock has risen over 10% across two consecutive trading days, rebounding after three days of

According to Yahoo Finance, Tesla reported Q2 earnings on July 22 after market close, posting revenue of $26.21 billion (up 16% year-over-year), adjusted earnings per share of $0.50, and EBITDA of $4 billion, compared to $2.3 billion in the prior year period. The company delivered 483,986 vehicles i

According to Yonhapinfomax, Meta's Ray-Ban Meta Wayfarer (Gen 2) AI glasses officially launched today across South Korea through SK Telecom, KT, and LG Uplus starting July 22. The device features a 12-megapixel ultra-wide camera for photo and video capture, open-ear speakers, and a five-microphone s

According to South Korea's Ministry of Industry, Commerce and Energy, on July 22, Lotte Chemical, Hanwha Solution, and DL Chemical completed a merger to establish a unified entity in the Yeosu petrochemical complex. The three companies will hold equal 33.3% stakes in the new firm, with Hanwha and DL

According to Shinhan Investment Securities on July 22, Hana Materials' Q2 operating profit is expected to surge 176% year-over-year to ₩23.4 billion, with revenue reaching ₩93 billion. The brokerage raised its target price 43% to ₩83,000 and maintained a buy rating, citing improved semiconductor

According to Jin10, President Zelenskyy removed General Valerii Syrsky as Ukraine's military commander and appointed Oleksandr Drabat as the new commander-in-chief on July 20. Zelenskyy stated that under the new military leadership, Ukraine will continue conducting strikes deep into Russian

According to Korea Exchange, SK Hynix surged 8.44% on July 22 morning, recovering the 2 million won price level intraday. The rally was driven by broad strength in U.S. semiconductor stocks overnight on Wall Street, with SK Hynix's American Depositary Receipts (ADR) posting double-digit

According to Jin10 data, as of July 21 (Tuesday), Chinese stock indices posted strong gains. The Shanghai Composite Index rose 1.79% to close at 3,864.37 points, the Shenzhen Component Index surged 4.81% to 14,264.29 points, and the ChiNext Index climbed 7.05% to 3,685.97 points. The Sci-Tech 50 Ind

According to the Korea Exchange, on July 22, South Korea's five major defense contractors—Hanwha Aerospace, LIG Defense & Aerospace, Hyundai Rotem, Korea Aerospace Industries, and Hanwha Systems—posted an average year-to-date gain of 11.68% as of that date. However, this significantly lags the

According to Yonhapinfomax, Daesin Financial Group held its first comprehensive group strategy conference on July 22 at Wiryeae Training Center under new CEO Shin Seung-uk, with group chairman Lee Eo-ryong and vice chairman Yang Hong-seok in attendance. Hundreds of executives and department heads

According to Bloomberg, Samsung has launched Health Assistant in beta for eligible US users, integrating AI into Samsung Health to provide personalized wellness guidance using sleep, activity, nutrition, mindfulness, and vitals data. The company also introduced new Galaxy Watch features including