Gate Insights and Crypto Market Analysis

Hawaii Governor Josh Green signed Act 224 on July 9, making it unlawful to operate a crypto kiosk that accepts U.S. currency in exchange for digital assets starting October 1. The measure targets scam transactions, with investigations by the attorneys general of Washington, DC and Iowa finding

Public Bitcoin miners reduced their realized hashrate by 13.4% from the fourth quarter of 2025 to the second quarter of 2026, dropping from 368.3 exahashes per second to 319 EH/s, according to BlocksBridge Consulting's Miner Weekly newsletter. The decline accelerated to 21.2% when excluding

Binance's bStocks became the second-largest issuer of tokenized stocks on August 13, with a valuation of $622.633 million, surpassing Kraken-owned xStocks at $605.469 million, according to Token Terminal data. Binance first overtook xStocks on July 28 when bStocks reached $560.162 million, later

The South Korean government announced on August 13 that starting January 1, 2026, non-resident single-home owners in the Seoul metropolitan area will be prohibited from obtaining jeonse loans. The Financial Services Commission stated the measure aims to prevent excessive borrowing through

Figure Technology Solutions, the blockchain-native lending platform co-founded by Mike Cagney, announced Thursday that its second-quarter profit nearly tripled as activity across its consumer loan marketplace more than doubled. The company reported net income increased 192% to $87 million from $30 m

The London Bullion Market Association (LBMA) surveyed 16 professional analysts in July and found spot gold will trade near $4,500 per ounce by the end of 2026, representing over 12% gain from July lows when gold frequently dipped below $4,000 per ounce. The mid-year survey serves as an update to the

Bullish stocks jumped around 13% in early trading Thursday after the institutional-focused crypto exchange and CoinDesk owner reported a 62% year-over-year increase in second-quarter adjusted revenue and more than tripled its adjusted EBITDA to $29.5 million. The company posted $92.6 million in adju

Fidelity and Blackrock drove $61.16 million in net outflows from bitcoin ETFs on Wednesday, reversing the previous day's modest rebound. Fidelity's FBTC recorded $46.82 million in redemptions while Blackrock's IBIT added $14.34 million in withdrawals. The exits occurred as redemptions resurfaced in

Samsung Electronics and SK Hynix are projected to generate combined operating profit approaching 1000 trillion won by 2027, according to KB Securities Research Director Kim Dong-won on the 13th. Despite this earnings trajectory, both Korean stocks trade at price-to-earnings ratios around 3x based on

Coherent Corp. (COHR) received a wave of price target increases from Wall Street analysts after the company delivered stronger-than-expected fourth quarter results and issued an upbeat outlook. According to TheFly, analysts at Needham, Raymond James, Rosenblatt, Northland and B. Riley all raised the

Aptos is expanding real-world asset tokenization through an integration with Archax, an FCA-regulated digital securities exchange, bringing more than 100 Financial Conduct Authority-regulated assets onto the blockchain. The initiative launches with the MembersCap Tokenized Global Reinsurance

Bitcoin has been unable to sustainably break above $67,900 for the past two months, according to crypto analyst Murphy. The resistance level represents the average cost basis for investors who have held Bitcoin for less than three months, creating sustained selling pressure that prevents upward

Britain's Financial Conduct Authority and HTX are in settlement talks over the regulator's claim that the exchange illegally promoted crypto services to UK consumers, with London's High Court pausing proceedings until late August to allow the two sides to reach terms, Reuters reported from court

Delio CEO Jeong Sang-ho received a 15-year prison sentence from the Seoul Southern District Court on Aug. 13 for embezzling about 70 billion won, or $49.2 million, in customer crypto assets and submitting false documents during the company's registration as a virtual asset service provider. The

Bitcoin stayed range-bound below $64,000 on Thursday as soft inflation data failed to lift crypto market sentiment. July's Consumer Price Index showed core inflation at 2.5% and the headline rate stayed flat, while the Producer Price Index for final demand was unchanged in July with services

Ether.fi, an Ethereum-focused decentralized finance platform, announced Thursday the addition of tokenized asset trading, portfolio-backed loans, and fiat accounts to its self-custodial app. The platform now supports trading of tokenized stocks, metals, and crypto assets, with an integrated

Databricks closed a $5 billion funding round at a $190 billion valuation on Thursday, the data analytics software company announced. The funding will support enterprise AI capabilities, including its Unity AI Gateway governance tool and Genie agentic tool. The round comes six months after Databricks

The CNBC Investing Club portfolio delivered mixed results between monthly meetings as the AI trade rebounded, with the Nasdaq climbing 2.7%, the S&P 500 gaining 2.6%, and the Dow advancing 2.3%. Three stocks surged—Microsoft up 22.8% after July 29 earnings, Eaton up 16.1% following July 31 results,

Thunes introduced EURC prefunding for eligible members of its Direct Global Network, allowing the use of Circle's euro-backed stablecoin for treasury funding and cross-border payment operations. The expansion adds EURC to Thunes' existing stablecoin liquidity infrastructure and builds on the

IREN Limited delivered Horizon 1, its first 50MW AI data center, to Microsoft on Thursday, driving the stock up 7.2% in pre-market trade. The milestone occurred under a five-year, $9.7 billion cloud services agreement announced in November 2025. Nvidia granted IREN 'Exemplar Cloud' status after