Gate Insights and Crypto Market Analysis

KOSDAQ surged 21.08% over three trading days from the 31st of last month to the 4th of this month, closing at 780.72 on the 4th with a 5.88% gain. The rally occurred as new regulations on single-stock leverage products took effect on the 31st of last month, raising the minimum deposit requirement to

The USD-KRW exchange rate fell on the 6th, reflecting global dollar weakness and expectations for the reopening of the Strait of Hormuz. At 6 AM in the foreign exchange market, the USD-KRW rate traded at 1,422.50 won,

South Korean government bond futures rose in night trading on August 6, driven by downward stabilization in international oil prices amid expectations of Strait of Hormuz reopening. The 3-year bond futures closed at 103.58, up 5 ticks from the previous day's regular trading session, while 10-year bo

Kolmar Korea is forecast to achieve record quarterly results in Q2, driven by strong cosmetics export performance. Eight major domestic securities firms estimate Q2 revenue at 826.3 billion won and operating profit at 94.1 billion won, representing year-over-year increases of 13.07% and 28.04%

CNBC's Jim Cramer stated on Wednesday that investors should stop treating the stock market like a winner-take-all game. Cramer's commentary came as AMD shares fell 6% Wednesday despite a solid earnings report, following Elon Musk's announcement that SpaceX will build its artificial intelligence

Fluence Energy (FLNC) shares tumbled as much as 24% in after-hours trading on Wednesday after the energy storage company reported mixed third-quarter results and sharply lowered its fiscal 2026 outlook. The decline followed the company's announcement that production delays at new factories

Gold surged during today's trading session, clearing resistance at $4,200 and its 50-day moving average at $4,249 to reach an intraday high of $4,328.20, with the metal trading at $4,308 at the time of writing—a gain of $173.80, or 4.20%, marking gold's largest single-day advance in five months.

Korea Exchange (KRX) recently announced draft guidelines requiring low price-to-book ratio (PBR) companies to disclose a compliance rate across 10 key performance indicators when submitting corporate value improvement plans. According to financial industry sources on the 6th, the exchange

Polymarket traders assign an 18% probability that Tesla and SpaceX will officially announce a merger before the end of 2026. The prediction market odds reveal skepticism despite growing operational overlap among Elon Musk's flagship firms. Months of speculation about the two companies have driven tr

Graphic design and web editing software company Figma (NYS:FIG) plunged 16% in after-hours trading on August 5 (US local time) after issuing annual operating profit guidance that fell short of market expectations. The company's second-quarter financial results exceeded analyst forecasts, but

KB Securities forecasted on August 6 that the semiconductor sector will enter a full-scale earnings-driven rally starting in August, following the sharp decline that persisted throughout July. The brokerage stated that excessive leverage liquidation and supply shocks have been offset, with global

Nikita Bier is stepping back from his role as X's product chief after 400 days, transitioning to an advisor position at Elon Musk's platform, he announced Wednesday. Bier stated X shipped nearly 30 new products during his tenure, which began in July 2025. Independent data presents a contrasting

CNBC's Jim Cramer said Wednesday that investors evaluating SpaceX should adopt a decades-long investment horizon following the company's 13.6% stock decline. SpaceX shares fell on Wednesday as Wall Street assessed the rocket-and-AI company's first earnings report since its June IPO, which showed

US private employment in July added 44,000 jobs according to ADP's National Employment Report, falling significantly short of the 70,000 market expectation, while the euro-dollar exchange rate reached its highest level since mid-June. The weaker-than-expected employment growth reflects companies

South Korean tax authorities face mounting criticism over a government tax reform plan targeting ultra-high-value and non-residential properties, with experts warning of rental housing shortages and increased complexity. The Korean Fiscal Association held a meeting at the Korea Chamber of Commerce a

Jeff Bezos sold nearly $350 million in Amazon.com Inc. stock on Monday as the company's shares reached an all-time high. The transaction was disclosed in a Form 4 regulatory filing with the U.S. Securities and Exchange Commission following Wednesday's trading close. The sale represents a portion

South Korea's Financial Services Commission is launching a specialized credit evaluation system for small business owners that uses artificial intelligence to assess future growth potential rather than solely past credit history. The Small-business Credit Bureau (SCB) system analyzes non-financial d

Korea Exchange faces industry pushback over including exchange-traded funds in after-market trading hours scheduled to begin next month on the 14th. Asset management firms and securities companies serving as ETF liquidity providers expressed reluctance to participate following recent volatility in s

AMD reported fiscal year 2026 second-quarter revenue of $11.54 billion on local time 4th, a 50.1% year-over-year increase, with data center revenue surging 107% to $6.72 billion. The growth was driven by strong sales of both server CPUs and Instinct AI accelerator GPUs, marking the fifth

RNTwo Technology announced on the 3rd the disposal of its 100% stake in Apex Investment for 5.5 billion won, resulting in a 4.5 billion won loss within approximately one year of the original 10 billion won acquisition. The company received 550 million won as down payment, with the remaining 4.95 bil