Gate Insights and Crypto Market Analysis

South Korean active exchange-traded funds (ETFs) issued 584 disclosures for correlation coefficient requirement failures this year through the 26th, according to Korea Exchange's corporate disclosure system. The paradox arises as products generating excess returns face delisting risks under

Bank of Japan Deputy Governor Himino Ryozo emphasized on the 27th at a regional event in Saitama Prefecture that the BOJ must continue raising its policy rate in consideration of economic conditions and adjust the scale of monetary easing in response to changes in prices and financial conditions. Hi

The U.S. Food and Drug Administration approved Revolution Medicines' RASONQUE on Wednesday for adults with metastatic pancreatic cancer who have tried chemotherapy or cannot take multi-drug regimens. The approval drew attention to Sellas Life Sciences' experimental drug SLS009, which is in

Coinbase and Better Mortgage expanded their crypto-backed mortgage product to U.S. homebuyers on August 12, allowing eligible borrowers to pledge Bitcoin as collateral for home down payments without selling their holdings. The product became generally available to Coinbase One members following an i

Sui co-founder Konstantinos 'Kostas Kryptos' Chalkias has unveiled Havenex, an institutional digital-asset platform nearing completion of a Series A funding round. The company is seeking regulatory authorization from Austria's Financial Market Authority. Havenex is being developed as white-label

South Korea's tax authorities face challenges in applying taxation to decentralized finance (DeFi) transactions as the country's digital asset taxation regime approaches implementation on January 1, 2027. A research report commissioned by the National Assembly Budget Office from the Korean

Shares of Nike Inc. (NKE), Dick's Sporting Goods, Inc. (DKS), and Greenland Mines Ltd. (GRML) tumbled to 52-week lows on Wednesday following weak company catalysts, Wall Street price target cuts, and a large public offering. NKE stock fell more than 2% at close after Dick's Sporting Goods

The Bank of Korea's Monetary Policy Committee raised the base rate by 25 basis points to 3.00% from 2.75% on August 27, but committee member Hwang Geon-il cast a dissenting vote to hold the rate at 2.75%. This marks the first dissenting opinion against a rate hike decision in approximately three

Anthropic is preparing to pitch investors on a total addressable market exceeding $30 trillion as the artificial intelligence developer moves toward an initial public offering, according to The Wall Street Journal. The Claude maker could seek a valuation as high as $2 trillion and raise as much as $

SpaceX stocks rose over 1% overnight late Wednesday after Deepwater Asset Management's Gene Munster estimated that Elon Musk's rocket maker now accounts for about 5% of Nvidia's revenue. Munster's calculation, based on Nvidia's second-quarter revenue of $96.2 billion, implies nearly $4.8 billion

Apple Inc. is projected to ship over 10 million foldable iPhones within the first year of launch, according to market research firm International Data Corporation (IDC). The tech giant will debut its first foldable smartphone on September 9 at an event held at the Steve Jobs Theater in Apple Park. I

CrowdStrike (CRWD) shares surged 12% in after-hours trading on Wednesday after the cybersecurity firm posted quarterly results for the three months ended July 31 and raised its full-year growth forecast. The company upgraded its net new annual recurring revenue (ARR) growth target to 34% at the

Salesforce Inc. (CRM) shares soared 13% in after-hours trading on Wednesday. The cloud software vendor reported second-quarter results and issued guidance that surpassed Wall Street projections. The company reported adjusted earnings per share of $5.90, up 103% year-on-year and above the $3.27

Okta Inc. (OKTA) reported second-quarter financial results on Wednesday that exceeded Wall Street estimates, with the fiscal quarter ending July 31 delivering revenue of $805 million, an 11% year-over-year increase that beat the $793 million consensus estimate. The identity management company

Abercrombie & Fitch (ANF) stock surged following its second-quarter earnings report, with Jefferies raising its price target to $175 while maintaining a 'Buy' rating. The upgrade came after the retailer reported Q2 sales of $1.27 billion, a 5% year-on-year increase that exceeded analyst estimates, a

US Stock Market News: J.M. Smucker (SJM) delivered a beat-and-raise quarter in its first fiscal 2027 results on Wednesday, though a large one-off tariff refund from the U.S. federal government tempered the headline figures. Stock Market News Today highlights that even when accounting for the tariff payout, Smucker demonstrated solid operational performance across most business segments.

In US Stock Market News, NVIDIA released its fiscal 2027 second quarter financial results after market close on Wednesday, achieving record revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share climbed 120% to $2.22. The chipmaker's valuation has reached levels not seen since early 2019, trading at less than 27 times earnings—a significant shift given the company's doubled profitability.

South Korea's Monetary Policy Committee raised the benchmark interest rate to 3.0% in August, marking a consecutive increase following July's hike. The decision triggered sharp declines in bond futures during morning trading on August 27, with 3-year futures dropping 20 ticks to 103.12 and 10-year f

On September 1, major telecommunications companies and e-commerce platforms in Russia began accepting the digital ruble, marking a step forward in promoting the state-backed currency for everyday transactions while maintaining the ban on using cryptocurrencies for direct payments. Russia takes a firm stance on cryptocurrencies: the country allows investment and transactions involving cryptocurrencies but prohibits their use for direct payments. While other markets are still discussing the concep