Gate Cryptocurrency News and Market Analysis

Techtronic Industries (00669.HK) reported shareholder profit of US$738 million for the interim period ending June 30, up 17.52% year-over-year, with basic earnings per share of 40.5 cents and an interim dividend of 19.31 cents. The company attributed the profit growth to a decline in net financing c

Korean securities firms face criticism as SK Hynix closed at 1.577 million won on the 4th, down 27.7% from its 2.18 million won ADR listing price, and Samsung Biologics fell 17.5% to 1.476 million won since November 24, contradicting brokerage optimism. Top 10 Korean brokerages issued only 0.1%

Brent crude and West Texas Intermediate oil prices rose on Tuesday, Aug. 4, recovering part of Monday's losses as uncertainty over U.S.-Iran diplomacy restored market concerns about Middle East supply risks. Front-month Brent futures gained $1.12, or 1.3%, to $84.89 a barrel by 3:55 a.m. GMT,

President Lee Jae-myung on August 4th criticized the government's COVID-19 support approach, stating that loan-based assistance shifted debt burden onto small business owners rather than providing direct fiscal aid. During an afternoon briefing at the Blue House with the Ministry of SMEs and

Five men were convicted of false imprisonment after holding two French cryptocurrency millionaires for 52 hours in an East London flat last July. The victims transferred $30,000 after the gang demanded $150,000. Prosecutor Heidi Stonecliffe KC told Inner London Crown Court the victims' lifestyles

Bitcoin is testing the $64,000 resistance level after trading near $63,465 on the Coinbase 12-hour chart and near $63,968 when liquidity data was captured. The cryptocurrency faces a descending trendline that adds resistance near the current price, making the next 12-hour close significant for

PreStocks on Solana captured 78% of all trading volume in pre-IPO OpenAI and Anthropic tokens since its September 2025 launch, processing $414.7 million according to an Allium Labs report. The platform's dominance followed rival Ventuals' June 15 shutdown of its Hyperliquid markets, which had

Flare integrated FXRP into Sentora's $280 million RLUSD vault on Morpho, allowing XRP holders to use FXRP as collateral to borrow Ripple's RLUSD stablecoin. The integration addresses a core limitation for XRP holders who previously had to sell their assets to raise capital, potentially missing

Capital One filed a motion to dismiss a federal lawsuit brought by the Trump Organization and Eric Trump in March 2025, defending its 2021 account closures as compliance-driven rather than politically motivated. The bank attributes the closures to months of internal anti-money laundering analysis co

Fortune REIT (00778) announced interim results for the period ending June 30, reporting distributable income of HKD 362 million, down 4.06% year-on-year, with an interim distribution of 17.5 HK cents per unit. The decline reflected carryover effects of prior-year rent adjustments and continued

On August 4, 2026, Beijing time, AMD closed at $484.64, up 1.78% on the day and down 12.21% over the past month, while its cumulative gain since the beginning of 2026 still reached 116.87%, climbing from around $200 at the beginning of the year to nearly $500 currently. This price movement has far exceeded the scope of an ordinary individual stock trend—it is reshaping the most fundamental economic model in the AI industry chain: the capital cost of computing power. Sou

KOSDAQ surged 5.88% to close at 780.72 on May 4, marking a 21% rally over three trading days starting May 31 and triggering buy-side circuit breakers for three consecutive sessions—a first in market history. The rally was driven by biotech stocks amid government policy fund expansion toward 1

South Korea's Fair Trade Commission (FTC) announced on the 4th a policy plan to intensify monitoring of unfair support practices in food, logistics, and pharmaceutical sectors, with FTC Chair Joo Byung-ki presenting the measures to the President at the Blue House. The plan targets blocking

South Korea's Fair Trade Commission announced regulatory reforms on August 4 to strengthen the negotiating power of small and medium-sized enterprises and small business owners in transactions with large corporations. FTC Chairman Joo Byung-ki briefed the President on the '2026 Second Half Major

MBK Partners faces intensifying scrutiny over its management practices following controversies at portfolio companies Lotte Card, Osstem Implant, and a subsidiary fund operator. On Jan 31, South Korea's Financial Services Commission imposed a 1.5-month business suspension and a 5 billion won fine on

KOSDAQ-listed advanced materials company Webs faces delisting risk as of the 3rd with a market capitalization of 17.8 billion won, falling below the 200 billion won threshold required for continued listing. The delisting threat comes despite Webs maintaining three consecutive years of operating

The South African Reserve Bank (SARB) and the South African National Treasury released a draft Crypto Assets Manual for cross-border activities for public review. The manual aims to fill regulatory gaps in cross-border cryptocurrency transactions without legalizing or promoting cryptocurrency as

KB Securities analysts identified the US Treasury's August bond plan as key to semiconductor stocks in their second-half 2026 outlook. Min Jae-ki, Yu Young-hwa, and Park Gun-hee stated during a recent seminar that if long-term bond issuance increases, rising interest rates could burden growth stocks

Texas Governor Greg Abbott directed the Public Utility Commission of Texas (PUCT) and grid operator ERCOT to audit all data center projects in the state's interconnection queue on Monday. The directive prompted ERCOT to pause its Batch Zero process, a review of large electricity users scheduled to r

South Korea's Financial Supervisory Service requested corrections to securities registration statements from three KOSDAQ-listed companies on last month 31st, marking the fourth revision demand for Hanul Semiconductor and Sangji Construction. The regulatory tightening follows Commercial Act