Gate Insights and Crypto Market Analysis

California Attorney General Rob Bonta is co-leading a trial against Meta that begins with opening arguments Tuesday in Oakland's federal courthouse, following allegations that the company fostered addictive behavior in teens and children. The case involves a coalition of 29 state attorneys general b

Brent crude and West Texas Intermediate crude prices rose Monday as reduced shipping through the Strait of Hormuz and stalled U.S.-Iran negotiations renewed Middle East supply concerns. Brent crude futures climbed as much as 1% to $89.40 a barrel and traded near $89.20 by 0229 GMT, while WTI

Australia's securities regulator removed more than 19,400 online scams in the FY26 financial year, marking a 182% increase from the previous year, according to ASIC's 17 August warning. The Australian Securities and Investments Commission

The Marcos administration has not allocated funding for the Pax Silica industrial hub in the proposed 2027 national budget, with Finance Secretary Frederick Go confirming on Monday, August 17, that no agreement has been signed for the project. Go stated during House budget deliberations that

SK Hynix American Depositary Receipts (ADR) climbed 3.97% to $172.9300 in New York premarket trading on the 17th (local time), marking a fifth consecutive day of gains and reclaiming the $170 IPO price level. The rally follows strong revenue reports from major AI companies Anthropic and OpenAI,

Solana (SOL) is trading near $75 while holding above the $60-$62 support zone, with buyers targeting a breakout through $78-$80 resistance. The Alpenglow consensus upgrade, which received more than 98% staker approval, provides a fundamental catalyst designed to reduce transaction finality from roug

Research directors at 11 major South Korean securities firms predict the country's stock market will see reduced concentration in semiconductor stocks during the second half of the year, according to a survey reported by 한국경제신문. The survey found 90.9% of respondents expect individual stocks and

Bank of America reiterated its Buy rating on Micron Technology Inc. (MU) stocks with a $1,550 price target, projecting the company's fiscal 2030 earnings per share could reach $200 to $250, according to TheFly. This forecast significantly exceeds Wall Street's current consensus peak estimate of $160

Phillip Securities reiterated a 'Sell' rating on SpaceX (SPCX) stocks with a $75 price target, implying a 47% downside from current levels. The brokerage warned that the revenue which pushed SpaceX's artificial intelligence business into profit may not be durable, citing customer concentration

IOL Group launched IOL Privé, a digital wealth platform powered by DriveWealth's U.S. brokerage infrastructure, targeting affluent Latin American investors seeking international diversification. The service combines individual U.S. investment accounts with portfolio advice, offering U.S. shares, Ame

Weekly trading volume for stock-linked perpetual contracts on centralized exchanges hit $141.84 billion on August 16, 2026, per WuBlockchain Data Center. The figure represents a nearly 79-fold increase from the $1.8 billion recorded at the start of the year. Crypto exchanges have extended

HANetf launched the Trading Central Quant Europe 50 UCITS ETF on August 7, converting Trading Central's proprietary stock-rating framework into a European investment product. The fund began trading on Xetra, Borsa Italiana and Euronext Paris, with London Stock Exchange listings scheduled for August

Michael Egorov, founder of Curve Finance, criticized Pump.fun as 'a casino of scams called memecoins.' He also faulted Phantom wallet's hardware integration as inferior to Metamask. Egorov praised the Solana Foundation but said flagship applications don't hold up to scrutiny. Tomi204, co-founder of

BitMart's official Chinese-language X account publicly demanded on Monday that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan by Wednesday. The account stated some users remained unable to withdraw funds and some employees had not received final salary or

Jane Street Group reported holding more than 1.2 million shares of Bitwise's XRP ETF as of June 30, 2026, up from 20,605 shares three months earlier, according to the trading firm's second-quarter Form 13F filed with the SEC. The 60-fold increase highlights Jane Street's position in the XRP ETF

Wells Fargo disclosed a $9.18 million position in the Bitwise XRP ETF through its latest 13F filing submitted August 14, covering positions through June 30, 2026. The filing shows combined exposure across two line items tied to the same CUSIP, representing a notable institutional position in the XRP

STARTRADER launched 45 stock and exchange-traded fund contracts for difference available for 24/7 trading on August 13. The new contracts trade from Monday through Sunday between 00:00 and 24:00 in the broker's platform time, extending its round-the-clock product range beyond U.S. megacaps into

WorldClaw, an AI platform partner of Trump family-backed World Liberty Financial, uses 43 Chinese-developed AI models among its 90 total offerings, according to Reuters. The Chinese models come from companies including Alibaba, Baidu, and Z.ai, some of which face US government restrictions. WorldCla

Retail investors in South Korea suffered significant losses after the Korean stock market's semiconductor-driven rally reversed sharply on June 23, when the KOSPI index fell 9.9% in a single day. Choi Yu-jin, a 57-year-old first-time investor, borrowed 130 million won using her housing

Rothschild & Co. Redburn analyst Timm Schulze-Melander upgraded Apple Inc. (AAPL) to Buy from Neutral and raised the price target to $400 from $260, implying upside potential of about 31% from Friday's closing price, according to TheFly. The upgrade centers on two catalysts: the expected September l