Gate Insights and Crypto Market Analysis

LA Lakers sold for a record $12.5 billion (approximately 18 trillion KRW) on the 12th (local time) to venture investor Josh Kushner and former Walt Disney CEO Bob Iger, marking the highest price ever paid for a professional sports franchise. The transaction represents a 25% increase from the team's

Coldcard wallet, manufactured by Coinkite, suffered the largest hardware wallet breach on record after a firmware bug enabled attackers to steal 1,778 Bitcoin worth approximately $112.7 million from over 8,600 addresses between July 30 and August 6, 2026. The vulnerability originated in firmware ver

Dutch prosecutors sold the last cryptocurrency seized from collapsed trading platform Knaken for €2.2 million, providing the first pool of usable funds for a bankruptcy estate now under scrutiny by thousands of customers. The Rotterdam court declared Knaken bankrupt on July 16 after prosecutors

Shiba Inu slipped to $0.0000054 on Monday, marking another fresh low this week and deepening a slump that has reshaped trader sentiment in the token's derivatives market. Eight out of ten cryptocurrency exchanges tracked by TradingView reported

Korean covered call ETFs attracted over 12 trillion won in net new assets over an 8-month period, reaching a total of 27.5548 trillion won as of 13일, according to Korea Exchange data released on 17일. Individual investors turned to these products seeking stable cash distributions amid volatile

Bitcoin retreated to around $62,973 during Sunday trading after failing to hold above $65,000 in its latest rebound attempt. The repeated inability to establish sustained acceptance above the level reinforces $65,000 as the defining resistance zone, with Bitfinex identifying a

Over the past week, global risk assets underwent a significant valuation recovery. The S&P 500 and Nasdaq both refreshed their recent highs, with the trading focus shifting from defensive safe-haven positioning back to rate-cut expectations and the realization of AI earnings. Across the Pacific, South Korea’s KOSPI rose approximately 20% cumulatively, ending a seven-week losing streak and climbing back above the technical bull-market threshold. However, the quality and sustainability of this reb

Korean entertainment stocks and related exchange-traded funds recorded sharp losses last week as the broader domestic market rebounded. TIGER Media Content ETF fell 5.56% during August 10-14, while ACE KPOP Focus dropped 4.65% and HANARO Fn K-POP & Media declined 4.35%. The underperformance

Nebius Group (NBIS) stocks rose 1.3% in early premarket trading on Monday, extending a 48% rally over the past week following its quarterly report and multiple analyst price-target increases. The Amsterdam-based neocloud operator reported revenue of $582 million in Q2, up 454% year-over-year,

Kakao Mobility's board formally approved a US American Depositary Receipt (ADR) issuance plan during the first half of the year through its newly established Shareholder Value Enhancement Committee. The decision, led by second-largest shareholder TPG consortium which has held approximately 29%

Doosan Fuel Cell's stock price rebounded more than 54% in August after the company secured large-scale supply contracts in Germany and domestically, according to Korea Exchange data released on the 17th. The fuel cell manufacturer's shares recovered from a 52-week low recorded on July 30, driven

Bitcoin crossed $64,000 during Asian trading hours on Monday, up 0.5% daily but down 3% for the week amid mixed economic signals. The move came as traders repriced Federal Reserve rate hike odds from roughly 50% to one in four following the sharpest monthly US retail sales drop in over a year

U.S. spot Bitcoin exchange-traded funds recorded $56.2 million in net outflows on August 14, with BlackRock's iShares Bitcoin Trust accounting for virtually the entire negative result through $55.5 million in redemptions. The withdrawal extended a multi-day pattern that saw $131.1 million exit on Au

Spot Bitcoin ETFs recorded $390 million in outflows during the week to August 14, as institutions reduced exposure amid rising oil prices and escalating tensions over the Strait of Hormuz. The withdrawals reflect concerns about inflation and its potential impact on Federal Reserve policy, traced

A trader turned $9,700 into $282,000 by tracking Binance founder CZ's public wallet activity. The 29x return came after buying 84.61 million Marscoin tokens within seconds of CZ burning 4,444 Marscoin from his address, according to onchain data flagged by Lookonchain. CZ's burn sent Marscoin to a $3

Ripple minted 10 million units of its RLUSD stablecoin on the XRP Ledger on August 17, 2026, pushing the token's circulating supply past 1.7 billion. The mint coincided with institutional and regulatory milestones including a July partnership with Notabene for compliance integration and June regulat

EDCCS, a team of four Chinese university students, qualified for the SCAN 2026 blockchain tracking competition finals scheduled for September 28 in Seoul. The team from three different universities—Qinhuangdao Northeastern University, Henan University of Economics and Law, and Chengdu University of

Individual investors net purchased 133 billion won worth of gold on the KRX gold market from August 1 to August 14, marking their first net buying in four months, according to Korea Exchange on August 17. This follows three consecutive months of net selling from May through July, totaling 524 billio

Team Upside Academia, composed of graduates from Upside Academy's 4th cohort, qualified for the finals of SCAN 2026, the world's first digital asset tracking competition, scheduled for September 28 at 9 AM at Monaco Space in Seocho-gu, Seoul. The team advanced from 5th to 1st place during the