Gate Insights and Crypto Market Analysis

BNK Investment & Securities cut its target price for SK Hynix to 1.48 million KRW from 1.85 million KRW on July 29, immediately following the company's second-quarter earnings announcement. The downgrade reflects slowing demand momentum and concerns over future oversupply in the memory chip

LG Electronics announced an interim dividend of approximately 89.7 billion won and plans to cancel 100 billion won worth of treasury shares within the year on May 29. The company set the interim dividend record date as August 13 and decided to distribute a cash dividend of 500 won per share for

OpenAI CEO Sam Altman deleted TikTok from his devices after becoming addicted to the platform, he revealed during a recent podcast appearance reported May 27 local time by Business Insider. Altman began using TikTok to better understand its recommendation algorithms while OpenAI developed Sora, an A

Digital asset wealth platform Nexo achieved full compliance with the EU's Markets in Crypto-Assets Regulation (MiCAR) by partnering with two German firms, Tangany and DLT Finance, both regulated by BaFin. The partnerships enable Nexo to serve its 10 million global clients across the European

Bloom Energy Corp. (BE) reported Q2 revenue of $1.065 billion, marking 166% year-over-year growth and the company's first quarter exceeding $1 billion. The San Jose, California-based fuel-cell energy provider posted earnings per share of $0.78, up from $0.10 in the prior-year quarter, and raised

Nansen co-founder and CEO Alex Svanevik said AI trading agents could outnumber human traders within two years, in an interview published this week. Svanevik also claimed Nansen has processed more than $500 million in trading volume through its trading feature launched this year, though the company h

Russia's Federal Security Service (FSB) charged Telegram founder Pavel Durov with facilitating terrorist activity and issued an international arrest warrant on Wednesday, local news agency Interfax reported. The FSB alleged that Telegram failed to remove channels, chats and bots used by Ukrainian in

Brendan Gunn, brother of Australian Olympian Rachael 'Raygun' Gunn, received a suspended 12-month custodial sentence from a New South Wales court after pleading guilty to dealing with more than US$180,000 (AU$261,000) suspected to be proceeds of crime linked to an offshore cryptocurrency

Samsung Asset Management will list the KODEX US CPU Semiconductor TOP10 ETF on February 4. The fund concentrates on AMD, ARM, and Intel while diversifying across CPU value chain companies. The launch targets growing CPU investment demand as the AI industry shifts from chatbots to AI Agents, where CP

1inch launched Aqua Protocol, a decentralized finance protocol that enables liquidity providers to use wallet-held assets across multiple DeFi markets without locking funds into separate liquidity pools. The protocol aims to improve capital efficiency through atomic settlement rather than

Hanwha Solutions forecasts limited impact from a US anti-dumping and countervailing duty circumvention investigation petition targeting Korean solar cells. The company stated at its Q2 earnings conference call on

Big Tech companies will release Q2 earnings reports starting (local time reference). Investor focus has shifted from AI investment scale to profitability sustainability after Alphabet's Q2 results showed Google Cloud revenue up 82% year-over-year but free cash flow at -$5.9 billion due to capital

SK Hynix shares closed Tuesday at $130.17, falling 8.98% after the South Korean memory-chip manufacturer reported June quarter revenue and operating profit below analysts' expectations. The company posted operating profit of 60.5 trillion won versus the analyst forecast of 64.2 trillion won, while r

Financial Supervisory Service (FSS) Chief Lee Chan-jin announced on July 29 at a National Assembly Finance Committee hearing that the FSS is preparing a preliminary investigation into allegations of personnel lobbying in the financial sector through Geonjin Beopsa, a Buddhist temple implicated in

The Democratic Labor Institute released a report on the 29th calling for the suspension of the National Pension Service's voting rights privatization plan. Hong Seok-hwan, policy director at the institute, criticized the government's proposal to transfer voting rights from the National Pension Servi

Bitcoin and Ethereum exchange-traded funds recorded divergent flows over the seven days ending July 28. Bitcoin ETFs shed 3,170 BTC while Ethereum ETFs added 37,959 ETH over the same stretch. BlackRock's ETHA fund drove most of the week's Ethereum inflows, while its IBIT fund accounted for most of B

Jurassic Finance is tokenizing Deaton, a Triceratops prorsus skull, on Solana in what the project describes as the first tokenized dinosaur. The initiative opened its fundraising round in July, targeting 660,000 USDC. The move reflects the expanding tokenization market, which now extends beyond

KOSPI recorded the steepest decline among major global stock markets over the recent one month, falling nearly 40% from the 8400 level at the end of last month to the 5200 range during intraday trading. KOSDAQ also dropped approximately 35% during the same period, ranking as the second-largest decli

FIFA plans to sell up to 21% of a new World Cup subsidiary called FIFA Forward Enterprise, targeting a $20 billion valuation and approximately $4.2 billion in immediate cash from private investors, according to a report first published by The Times and confirmed by FIFA on the same day. The Union of