Gate Insights and Crypto Market Analysis

A former procurement manager at TSL Jewellery (00417) was sentenced today at the High Court to 6 years and 8 months imprisonment after pleading guilty to misappropriating diamonds supplied by the company's vendors and reselling them for personal gain between 2017 and 2023. The manager exploited

Miramar Hotel (stock code 00071) announced interim profit of HK$332 million for the six months ending June, representing a 2.96% year-on-year increase, with earnings per share of HK$0.48 and an interim dividend of 23 cents declared. Revenue for the period totaled HK$1.168 billion, down 9.78%

StablecoinX (USDE) shares jumped more than 12% in early trading Friday after the Ethena-focused treasury company reported its first quarterly results as a publicly traded entity. The newly public firm revealed it held approximately 3 billion ENA tokens, representing roughly 20% of the total ENA

SK Hynix is restructuring its US subsidiary Solidigm for a potential Nasdaq listing, transforming the legal entity into an AI company while transferring NAND and solid-state drive operations to a new Solidigm entity. Solidigm was established when SK Hynix acquired Intel's NAND and SSD business.

Texas Pacific Group (TPG) acquired a 61.17% stake in Lotte Rental for 1.3105 trillion won on the 15th, according to investment banking sources. The deal transfers 13,846,833 shares (38.14%) from Hotel Lotte and 8,365,230 shares (23.03%) from Busan Lotte Hotel to TPG, which financed the acquisition e

Disney CEO Josh D'Amaro will sit down with CNBC's Julia Boorstin on Friday in a live interview from the company's annual D23 expo. D'Amaro stepped into the role of Disney CEO in March, succeeding Bob Iger after a closely watched succession race and following a turnaround period at the media giant.

South African sourcing specialist Kwality Holdings partnered with global manufacturer Waste2Wear to introduce blockchain-verified recycled products to the South African market, with a planned launch in mid-2026. The partnership aims to provide buyers with independently verifiable evidence of recycle

Singapore Police Force and Cyber Security Agency of Singapore reported Friday that scammers posing as cryptocurrency company recruiters on LinkedIn have stolen $11.8 million (S$15.1 million) by using fake job offers to compromise victims' employers. The agencies issued a joint advisory detailing

Nu Holdings (NU) stock rallied over 13% in morning trade Friday, on track for its biggest single-day gain since August 2022 and its highest level in more than five months. The surge followed the Brazilian digital banking company's report of quarterly net income exceeding $1 billion for the first

Bitcoin ETFs recorded $131.13 million in outflows on Thursday, led by ARK 21Shares' ARKB with $58.82 million and Fidelity's FBTC with $55.12 million. Ether ETFs gained $6.72 million and XRP ETFs added $2.25 million during the same session, reflecting selective demand outside bitcoin. The selling

Bank of America raised its 2030 server CPU market forecast to more than $210 billion this week and kept AMD as its top pick. AMD closed at $483.01 yesterday, roughly double its April price. The options market disagrees, with traders now holding more bearish contracts on AMD stock than bullish

Gate recorded a 308% month-on-month increase in TradFi equity perpetual futures trading volume in July 2026, reaching approximately $15 billion and achieving the highest growth rate among tracked exchanges according to CryptoQuant's Wall Street, Always On report. The surge concentrated in AI

Morgan Stanley increased its holdings in BlackRock's iShares Bitcoin Trust ETF by 23% to around 16.5 million shares from 13.4 million in the second quarter, according to its 13F filing with the US Securities and Exchange Commission on Thursday. The investment banking giant added more than 3 million

Michael Saylor, chairman of Strategy, outlined a digital financial framework that positions Bitcoin as a reserve asset and USDT as a transaction layer. The framework separates digital assets according to their intended functions, with Bitcoin operating primarily as a long-term store of value while U

Crypto.com expanded its surveillance partnership with Solidus Labs to monitor prediction markets and tokenized securities, extending a relationship that previously covered digital asset trading operations. The HALO platform combines orders, trades, user behavior, blockchain activity, social media

ARK Invest purchased 106,941 Cerebras Systems shares worth $28.02 million on August 13, according to the firm's daily trade disclosures. The purchase came after Cerebras stock dropped 12% following its earnings report, with shares falling nearly 3% at market open on Friday. ARK split the Cerebras ac

UBS strategists forecast gold prices will rise toward $5,000 per ounce in the first half of 2027, driven by lower real interest rates, a weaker U.S. dollar, and strong central bank demand. Gold recently broke above the $4,250 resistance level for the first time in two months, supported by reported

President Donald Trump announced import tariffs on foreign-made drone components on Friday, triggering rallies in US drone stocks. The White House stated the tariffs aim to expand US drone production rapidly to ensure national and economic security, citing cybersecurity concerns from outsourcing

Kim Sang-yul, head of Mirae Asset Global Investments' Global ETF division, assessed the semiconductor industry outlook in an interview with 한국경제TV, recommending portfolio diversification beyond memory chips. Kim interpreted the July semiconductor stock correction as a natural pullback following

Copper Markets (US) Inc. became an SEC-registered broker-dealer and FINRA member, the company announced August 12. The US entity will offer institutional clients custody, staking, financing and over-the-counter services, along with access to Copper's ClearLoop collateral network. The registration