Gate Insights and Crypto Market Analysis

Franklin Templeton appointed Rene Buehlmann as its new Asia-Pacific head, with the role starting next month on the 21st, the company said on the 18th. The appointment aims to strengthen leadership and reflect the firm's commitment to continued investment in the Asia-Pacific region, according to

South Korea's KOSPI stock index reversed early gains to trade lower by 11:31 AM on August 18, falling 28.58 points (0.41%) to 6,949.36 after opening 149.83 points (2.15%) higher at 7,127.77. The reversal occurred as individual investors net sold 690.8 billion won despite foreign investors net

The U.S. Attorney’s Office for the Northern District of Georgia announced on August 18 that Fijian authorities, in coordination with the U.S. Federal Bureau of Investigation (FBI) and the U.S. Department of State, deported Edward Zimbardi last Friday. Zimbardi fled to Fiji after learning of the FBI investigation and remained there for more than a year. The indictment was filed on July 8 and contains 12 counts of wire fraud, 12 counts of money laundering, and one count of conspiracy to commit mon

Cerebras Systems' stock jumped 15.1% on Monday before dropping 2% in overnight trading, following a favorable analyst note on the company's deepening integration with OpenAI. Wedbush Securities cited Cerebras' proprietary Wafer-Scale Engine technology powering OpenAI's newly launched GPT-5.6 Sol

Brazil's 2026 presidential race officially began on the 16th as incumbent President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro, son of former President Jair Bolsonaro, held campaign events in São Paulo and Rio de Janeiro respectively. Both candidates chose locations with deep historical significance to their political bases, relying on emotional appeals and political legacy rather than detailed policy platforms. The campaign kickoff reflects Brazil's ongoing political polarization, w

Cursor launched the code hosting service Origin on Aug. 17, three days after SpaceX completed its acquisition of Anysphere, Cursor’s parent company. The service is currently being gradually rolled out as an early beta to users on all paid plans. Origin does not yet have independent CI, GitHub remains the sole source of truth for GitHub-originated projects, and pricing has not yet been announced. Origin’s Core Features Origin currently offers core features across the following five areas: Reposit

The U.S. Commodity Futures Trading Commission (CFTC) is seeking public comments on computing power futures contracts. Bloomberg reported on August 18 that the CFTC had sent a draft request for comments to the White House Office of Management and Budget (OMB). Once the review is completed, the CFTC will initiate a public comment period typically lasting 30 to 60 days. This regulatory process could affect the product launch timelines of CME Group and Intercontinental Exchange (ICE). CFTC Request-f

Edward Zimbardi, the alleged mastermind behind a $165 million cryptocurrency Ponzi scheme, was deported from Fiji on Friday and returned to the United States to face federal fraud and money laundering charges. The US Attorney's Office for the Northern District of Georgia announced Monday that

The Bank of Korea's monetary policy decisions may face a new critical variable as the Korean won has appreciated sharply since July, according to Barclays analysis. The won's strength could lower import prices and financial stability risks while weakening the central bank's gross domestic income

The U.S. 30-year Treasury yield rose to 5.28% on Aug. 17 and broke above 5.3% on Aug. 18. Nohshad Shah, head of EMEA fixed-income sales at Citadel Securities, stated in the latest client report that, against a backdrop of inflation remaining above target for an extended period, the Fed remains reluctant to tighten monetary policy further. This has kept long-term U.S. Treasury yields near their highest level in nearly 20 years and put pressure on broader markets. Four Core Warnings in the Citadel

Korea Exchange and securities brokerages earned approximately 117.26 billion won in fees from single-stock leveraged and inverse ETFs tracking Samsung Electronics and SK Hynix during the period from May 27 to the end of last month. The fee income resulted from high trading volumes in 16 leveraged pr

Bank of Korea researchers found youth employment decline concentrated in high AI-exposure industries, according to a report released on the 18th. The study by Oh Sam-il and Oh Young-sik analyzed National Pension subscriber data and economically active population surveys, revealing that 268,000 of th

World Liberty Financial, a cryptocurrency firm closely tied to the Trump family, partnered with Hong Kong-based startup WorldClaw, which provides AI models developed by Chinese companies on US government blacklists. The arrangement allows WorldClaw to accept World Liberty Financial's crypto tokens a

KB Securities director Lee Eun-taek stated at a Korea Exchange conference on the 18th that the AI industry bubble has not yet reached collapse stage, as interest rates remain insufficient to halt hyperscaler capital investment. Lee identified irreversible interest rate increases as the primary

According to a Bloomberg report published on August 18, the U.S. Department of Justice has spent nearly a year investigating top Silicon Valley venture capital firm Andreessen Horowitz (a16z), focusing on whether co-founder Ben Horowitz and general partner Martin Casado violated U.S. antitrust laws concerning interlocking directorates. Individuals Involved in the Interlocking Directorates and Competitive Relationship (Source: U.S. Department of Justice) The central figure in the investigation is

Japanese government bond yields reached multi-decade highs, with the 10-year maturity trading at 2.9494%, up 2.38 basis points from the previous session. This marks the highest level since September 1996, according to data from Yonhap Infomax. The yield extended its upward trajectory for a sixth

EyePoint Inc. (EYPT), Stellantis N.V. (STLA), and Enovix Corp. (ENVX) US stocks fell to 52-week or record lows on Monday. EyePoint dropped nearly 67% after its Phase 3 LUGANO trial for wet age-related macular degeneration failed to meet its primary non-inferiority goal. Stellantis declined 4%

Convano, the parent company of Japanese nail salon brand FASTNAIL, ended its Bitcoin reserve strategy at a loss. The company’s shares traded at 110 yen as of August 17, down 46.26% over the past year. They briefly fell below 100 yen to 99 yen during trading on August 13. Convano completed the sale of all its Bitcoin holdings on August 10, recognizing a loss of approximately 298 million yen on the sale. Convano’s Bitcoin Purchase Records Convano’s board of directors approved the launch of its Bit

Goldman Sachs Chief Economist Jan Hatzius assessed in a recent client research report that a Fed rate hike in September is “extremely unlikely,” citing the simultaneous shift in three data trends: weak retail sales, weakening employment data, and cooling inflation. CME FedWatch data showed that, as of August 18, traders were pricing in only a 30.6% chance of the Fed raising rates by 25 bps (one quarter-point) in September. Key Arguments in Goldman Sachs’ Jan Hatzius Report According to Bloomberg