Gate Cryptocurrency News and Market Analysis

World, the Sam Altman-backed biometric proof of human initiative, turned three and announced the start of Phase 3 in its development plan. The project emphasized that its human-certified network proposal is now stronger than ever as artificial intelligence agents are booking travel, writing code,

US biotech firm Ingenia Therapeutics is conducting retail investor subscriptions for its initial public offering on July 30-31, while automotive display specialist NeoView re-lists on the KOSDAQ market on July 27 following a spin-off, according to the Korean financial investment industry on July 25.

Samsung Electronics and SK Hynix stocks declined sharply on the referenced trading day despite positive earnings from Alphabet (Google), pressured by oil price increases, interest rate concerns, and NAND flash price slowdown fears. Samsung Electronics closed down 6.48% at 252,500 won, while SK Hynix

Bitcoin broke $66,000 on the 22nd—its highest level in one month—driven by institutional capital inflows through US spot ETFs, but retreated to the $65,000 range by the 24th as fund flows reversed and geopolitical risks intensified. The cryptocurrency started the week at $63,000 on the 20th,

South Korean President Lee Jae-myung announced on July 24 (local time) that the country will become an irreplaceable core nation in the global artificial intelligence supply chain, delivering a keynote speech at the Global AI Summit in San Francisco. The president outlined a strategic vision to

Hong Kong stocks declined on Friday following a sharp selloff in US technology stocks, with the Hang Seng Index closing down 247 points at 24,963. The downturn was triggered by Tesla and Alphabet reporting disappointing quarterly earnings on Thursday (23rd), causing their stock prices to

The Economist issued a retraction on July 2 after mocking investors in late April for predicting Brent crude oil would reach roughly $88 per barrel by year-end, as spot Brent prices fell to slightly over $70. The publication's retraction committed a new forecasting error by comparing year-end

Grayscale published research suggesting Bitcoin's bear market timing may depend more on Federal Reserve policy than on the cryptocurrency's traditional four-year halving cycle. Zach Pandl, Grayscale's head of research, outlined two competing frameworks: the historic cycle model points to a bottom in

NVIDIA CEO Jensen Huang announced a $500 billion business partnership with SK Group and confirmed a large-scale investment in Naver during a meeting with South Korean President Lee Jae-myung on the 24th (local time) at a hotel in San Francisco. Huang stated the partnership encompasses chip design an

The USD-KRW exchange rate closed in the late 1,450 won range on July 25 as dollar selling sentiment solidified amid thin trading ahead of the weekend. The rate finished at 1,458.50 won at 6 a.m., down 8.10 won from the previous Seoul session close of 1,466.60 won, driven by exporter negotiated dolla

Shinhan Financial Group is negotiating the acquisition of Lotte Insurance, with CFO Jang Jeong-hoon addressing the deal during the second-quarter earnings call. Current valuation estimates around 1 trillion won exceed Shinhan's internal threshold needed to maintain value-up commitments of 10%

Korean retail investors are shifting capital from domestic Korean stocks to US equities, with net purchases of US stocks surging to $2.53 billion during 1-23일 (query date basis) — four times the prior month's $632.96 million, according to data from the Korea Financial Investment Association and Kore

Hyundai Engineering & Construction and Daewoo Engineering & Construction, two South Korean stocks recognized as nuclear power plays this year, saw target price downgrades from multiple securities firms in the recent month. The downgrades reflect delayed timelines for anticipated nuclear plant

Korean individual investors are channeling funds into covered call exchange-traded funds (ETFs) as domestic stock market volatility intensifies, according to data from KOSCOM ETF CHECK. During the recent one-month period when the KOSPI index fell more than 21%, covered call ETFs delivered returns ex

Alphabet raised its capital expenditure guidance to $195 billion–$205 billion, citing sustained cloud and AI demand that outpaces current computing capacity. Google Cloud's Q2 revenue surged 82% year-over-year to $24.8 billion, with operating margin reaching 35.6% and order backlog expanding to $514

The US dollar rose slightly on July 24, showing a V-shaped movement as it tracked international oil price fluctuations amid evolving US-Iran tensions. The euro ultimately turned lower as crude oil pared losses and President Donald Trump threatened tariffs on the European Union. According to Yonhap I

Mirae Asset Securities raised its target price for LS Electric stocks by over 20% to 280,000 won from 230,000 won on May 26, maintaining a 'buy' rating and citing continued hyperscaler investment in AI and data center infrastructure. The revision, based on an upward adjustment of the company's 2028

Hana Securities researcher Lee Young-joo stated on the 25th that AI investment productivity is now as important as capital expenditure scale, as the market shifts focus from 'how much was spent' to 'whether the spending delivers value.' Bloomberg's LLM token

South Korean government's second-half inflation target faces mounting pressure as international oil prices surged past $100 per barrel on July 23 amid escalating Middle East tensions. Brent crude futures for September delivery closed at $100.69 per barrel on July 23, marking the first time the

Bitcoin and Ethereum posted gains in the fourth week of July despite surging oil prices driven by Middle East geopolitical tensions, according to Xangle on the 25th. Bitcoin rose 1.79% to $65,045 during the week, while Ethereum climbed 1.96% to $1,877, supported by continued institutional inflows th