Gate Cryptocurrency News and Market Analysis

South Korea's Financial Services Commission (FSC) is preparing loan standards to minimize harm to real-demand borrowers during household loan total management, Chairman Lee Eok-won stated at a National Assembly Policy Committee hearing on the 29th. The initiative responds to lawmaker Park

Antpool and Foundry USA both mined Bitcoin block 941,881 within 12 seconds of each other on March 24, 2026, creating a rare two-block reorganization event. Foundry won the race by extending its chain with six consecutive blocks (941,883 through 941,886), causing Antpool's and ViaBTC's blocks to be o

Meta Platforms Inc. CEO Mark Zuckerberg stated on July 28 that the US government should not ban Chinese AI models to gain advantage in the AI race. He warned that if leading US AI labs influence policy through 'regulatory capture,' it could stifle domestic market competition. Zuckerberg's comments c

Samsung C&T disclosed on the 29th that it recorded operating profit of 1.0317 trillion won in Q2, representing a 37.1% increase compared to the same period last year. Revenue reached 11.995 trillion won, up 19.7% year-over-year, while net income stood at 915.5 billion won. The results

Krafton [259960] achieved record-breaking revenue and operating profit for the first half of 2026, driven by sustained growth in its flagship PUBG franchise and the commercial success of new title Subnautica 2. The South Korean game developer reported H1 2026 revenue of 2.6616 trillion won and opera

HD Korea Shipbuilding & Offshore Engineering achieved 96.2% of its annual order target in the first half, securing 16.38 billion USD in new orders, the company announced during its second-quarter conference call on the 29th. HD Hyundai Heavy Industries, a subsidiary, already exceeded its full-year o

RBC Capital sees a potential merger between Tesla, Inc. and SpaceX creating an 'orbit-to-ground' platform with over $1 trillion in long-term chip cost savings through Terafab, Elon Musk's vertically integrated semiconductor manufacturing complex. Tesla stocks slipped more than 1% in overnight

President Trump's investment advisers executed over 21,000 securities trades during his first year back in the White House. The accounts expanded to at least $858 million with positions in roughly 1,600 companies, according to a personal financial disclosure released by the Office of Government

KB Kookmin Bank announced on May 29 that it will raise interest rates on major household loans including credit loans and mortgage loans starting May 31. The bank is adjusting rates to maintain an appropriate household credit portfolio, with particular focus on balancing rates between in-person and

The USD-KRW exchange rate plunged to the early 1,440 won range during intraday trading on May 29, driven by SK Hynix's dollar sales and the release of export company negotiation volumes as the month-end approached. As of 1:53 PM in the Seoul foreign exchange market, the USD-KRW rate traded at 1,444.

On July 29, 2026, the third round of the LCK regular season officially kicked off. As the first matchup of the Legend Group (Legend Group), T1 vs. KT Rolster’s “broadcast-press rivalry” was scheduled as the second match of the day. This match is not only a direct clash between two longtime powerhouses, but it will also directly shape the initial landscape of the postseason berth race. From the format perspective, starting this season LCK adopts a single-season system: after the first two rounds,

Bitcoin's price climbed above $66,000 in mid-July as US spot Bitcoin ETFs recorded approximately $980 million in net inflows from July 14 to 22, reversing a sharp $425 million outflow on July 13. The recovery has reignited market debate over three factors supporting a second-half rally thesis:

KOSDAQ stocks fell 28.02% in one month, with the index dropping from 920.57 on June 29 to 662.68 on July 29, according to financial investment industry data released on July 29. The sharp decline coincided with the Korea Exchange's implementation of stricter listing maintenance requirements this mon

The US Trump administration is considering a ban on Chinese AI models, citing intellectual property theft through a technique called 'distillation' where smaller student models mimic larger teacher models. The

Bitcoin dropped to a 24-hour low of US$62,785 before recovering to approximately US$63,836 by Wednesday afternoon AEST, marking a 4.3% decline from Monday's intraday high of US$65,618 and leaving the cryptocurrency down 3.7% over seven days. The decline coincided with a second consecutive session of

Terton Capital filed a complaint with Korea's Financial Supervisory Service on 전일 and requested access to Golfzon Holdings' shareholder registry, escalating opposition to the controlling shareholder's delisting tender offer. The US-based investment fund acted after Golfzon Holdings' board failed to