Gate Cryptocurrency News and Market Analysis

South Korea and Argentina signed their first official government cooperation document on critical minerals on May 31 (local time), as Minister of Trade, Industry and Energy Kim Jung-kwan formalized the 'Korea-Argentina Critical Minerals Cooperation MOU' with Argentina's Ministry of Economy during

Uniswap rolled out a Launches beta tab in its web app, creating a unified interface for discovering new tokens across supported launchpads including Bankr, Pons, and Long. The feature addresses fragmented token discovery after more than 340,000 tokens launched on Robinhood Chain in July. Users

LS Securities issued a report on the 1st stating that investors should consider alternative sectors as semiconductor stocks experience volatility. The brokerage firm noted that KOSPI has declined approximately 40% from its peak, recording a drop comparable to past financial crisis periods,

Ethereum rose 11.8% in July on domestic exchanges while Bitcoin and XRP reversed their monthly gains amid Middle East tensions and interest rate concerns. Ethereum traded at 2.38 million won on July 1 and reached 2.68 million won by July 31, according

Insurance exchange-traded funds outperformed other defensive sector funds in July as investors rotated capital away from artificial intelligence and mega-cap technology stocks. The tactical shift occurred amid growing anxiety over escalating AI infrastructure spending by technology giants

HD Hyundai Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries reported Q2 2024 earnings that exceeded market expectations, with operating profit margins rising over 5 percentage points year-over-year, according to Shinhan Investment & Securities. The strong performance was

South Korea's exports reached $98.89 billion in July, a 62.8% year-over-year surge that marks the second-highest monthly total on record, driven by continued semiconductor demand. The figure exceeded the market consensus of $97.83 billion and extended a 14-month streak of record-breaking

Amazon.com Inc. (AMZN) faces a proposed class action in Seattle federal court over alleged greenwashing of seafood sustainability labels. Consumers allege the retailer misrepresented the environmental benefits of seafood sold on its platform, misleading shoppers about the environmental impact of its

Strategy Inc. (Nasdaq: MSTR) announced its support for the Digital Asset Market Clarity Act on July 31, adding the world's largest corporate bitcoin holder to the legislative campaign. Michael Saylor, executive chairman of Strategy, separately endorsed the bipartisan Senate proposal that divides

The USD/KRW exchange rate climbed to the mid-1,430 won range on the morning of the 1st, reversing sharp gains in the Korean won that followed coordinated foreign exchange market interventions by South Korea and Japan. The won weakened broadly as CBS reported that the United States and Israel could s

A Chainlink whale moved 800,000 LINK tokens from Coinbase to custody on July 30, according to on-chain data tracked by Arkham Intelligence. The transfer, valued at approximately $6.8 million, brought the receiving wallet's total holdings to 5.315 million LINK worth more than $44 million. The

Hong Kong stocks delivered their strongest July performance on record as the Hang Seng Index surged 13.13% to 25884 points during the month. The rally followed a severe 9.14% decline in June, which marked the worst monthly performance in 29 months. The recovery was driven by extreme oversold

SpaceX will release its second-quarter 2026 financial results after market close on Tuesday, August 4, accompanied by a public Q&A portal powered by its AI chatbot Grok at questiontime.ir.spacex.com that accepts submissions until Monday. The portal launch marks the company's first earnings event

Retail investors in Korean stocks shared viral satirical content on social media starting May 28, mocking their own contradictory psychology during the recent KOSPI crash. A post titled 'SK Hynix Fairy Tale' began with 'There was a day when Hynix hit 2.987 million won,' satirizing investors who

KOSDAQ-listed EOFLOW disclosed on July 31 a 26 billion won third-party stock issuance to IPV, with IPV contributing patent rights as in-kind payment instead of cash. The transaction allows EOFLOW to reclaim core patents sold in the previous year without cash outlay, while IPV becomes the company's s

Han & Company is participating in a 136.7 billion won rights offering by SK D&D, following a board resolution on May 28. SK D&D will issue 44.68 million shares at 3,060 won each, with final pricing in early October, to repay maturing debt. The capital raise addresses liquidity pressures from

CJ CheilJedang is pursuing the sale of its starch sugar business unit, appointing Samjung KPMG as the lead advisor for the transaction. The move is part of the company's restructuring drive to divest low-margin operations, following a mixed M&A track record that included failed attempts to sell its

DS Investment Securities analyst Lee Su-rim projects that semiconductor stocks retain significant upside potential based on historical cycle analysis, with operating profit peaks not expected until Q4 next year. During the 2017-2018 memory super cycle, SK Hynix reached three separate all-time

Korea Investment & Securities raised its target prices for Samsung Electronics and SK Hynix to 650,000 won and 4.7 million won respectively on the 1st, following the companies' earnings announcements. The brokerage increased Samsung's target by 10% from 590,000 won and SK Hynix's by 24% from 3.8 mil

BNB trading volume surged more than 65% on July 31 as the token traded near the $589 to $590 range. The volume increase occurred as derivatives open interest reached approximately $950 million with long-to-short ratios above 1.9. Traders monitored whether the token could approach the $600 price