Gate Crypto Flash News and Market Updates

President Trump called for the Supreme Court to rehear the birthright citizenship case on July 8.

According to Iran's state news agency Mehr, the country's air defense system shot down an unmanned drone over its southern region on Wednesday.

Warner Bros. Discovery announced a partnership with Amazon Web Services beginning 2026 to build an Agentic AI-powered advertising platform for managing and optimizing linear TV and digital streaming ads. The new platform consolidates fragmented workflows across business units, enabling unified manag

According to the Iranian Students News Agency, two of three electricity lines serving Chabahar have resumed operation, with the third line expected to be restored shortly.

According to Koscom ETF Check, TIGER 200 Covered Call ETF recorded a one-month return of 15.88% (including dividend reinvestment) on July 8, marking the highest performance among 21 Korean covered call ETFs. RISE 200 High Dividend Covered Call ATM and TIGER 200 Covered Call OTM followed with

According to Korea Securities Depository ETF Check, on July 8, domestic value and ESG-themed ETFs have concentrated 36-40% of their allocations in SK Hynix and SK Square combined, mirroring levels seen in semiconductor-focused products. KODEX AI Semiconductor TOP2 Plus recorded the highest combined

According to Korea Exchange data released on July 8, the KRX Banking Index rose 6.96% in July to 1620.81, outperforming the broader KOSPI which fell 12.73% in the same period. Major banking stocks including Shinhan Financial (up 11.31%), KB Financial (7.89%), and Hana Financial (5.07%) all gained

According to Financial News, South Korea's KOSPI index dropped 5.35% to close at 7246.79 on July 8, with circuit breakers triggered for a second consecutive day. The Korean won strengthened to 1498.5 per U.S. dollar, marking the first time the exchange rate fell below 1500 won in 37 trading days

According to Chosun Biz, South Korea's Mirae Asset adjusted its TIGER Semiconductor TOP10 ETF portfolio on July 2 by adding SK Square, Juseung Engineering, and ISU Petasys while removing HPSP, ISC, and Solbrain—three months ahead of the scheduled October rebalancing date and in violation of index

According to Korean industry sources, single-stock leveraged exchange-traded funds have attracted over 8 trillion won in inflows over the past month, fueling speculation concerns. Politicians and civic groups have called for delisting, though market participants and regulators are increasingly

Binance Wallet has integrated Plume's nBASIS yield vault, according to Plume's head of operations and strategy Ryan Wen, giving users onchain exposure to two tokenized investment funds managed by Bitwise and Invesco. The Invesco Short Duration U.S. Government Securities Fund (USTB) currently manage

According to CEO Seb Audet, DeFi dashboard and portfolio tracker Zapper will shut down on Aug. 3 after nearly 7 years in operation, the announcement said Wednesday. The project's website, mobile apps, and API services will be completely sunsetted on that date. Zapper scaled to 2 million monthly

On Wednesday (July 8), offshore Chinese yuan (CNH) closed at 6.8063 against the U.S. dollar in New York trading, down 28 pips from the previous close. During the session, CNH traded within a range of 6.7983

On Wednesday (July 8), COMEX gold futures fell 1.74% to $4,085.20 per ounce at New York close, while spot gold declined 0.73% to $4,076.31. Silver futures dropped 3.01% to $58.58 per ounce, and spot silver fell 2.83% to $58.30.

According to Iran's state television, explosions were reported near Abu Musa Island on July 8.

According to CNN, as of Wednesday, the U.S. Navy has deployed at least 19 warships in the vicinity of Iran.

Paradigm announced on Wednesday a $1.2 billion fourth fund targeting AI, robotics, crypto, and other emerging technologies. The San Francisco-based crypto venture firm said the fund will expand its investments beyond digital assets while maintaining its research-driven approach, according to

According to JPMorgan Chase strategists, low-duration bond funds saw assets rise $55 billion through May 2026, bringing total assets under management to $986 billion. The bank's analysis indicates the inflow into lower-risk bond funds has not meaningfully impaired money market instrument

Iran's Deputy Foreign Minister rejected a U.S. request to restore access to the southern Hormuz Strait through terms inconsistent with existing memoranda of understanding, stating the country cannot accept such conditions. The official added that Iran will respond to recent hostile actions by the

According to state media, Cuba's national power system was restored to full supply on July 8 morning, three days after a nationwide blackout on July 6. The Cuban Electric Union confirmed in a statement that all provinces had successfully reconnected to the national grid. Cuba has faced recurring po