Gate Cryptocurrency News and Market Analysis

KOSDAQ leverage ETFs posted gains of approximately 60% during the week from July 31 to August 7, following a regulatory change that raised the minimum deposit requirement for single-stock leverage ETFs from 10 million won to 30 million won on July 31. The surge occurred as funds previously

Fashion B2B platform Delicious and vascular disease treatment developer Ingenia Therapeutics recorded subscription competition ratios of 10.29:1 and 3.09:1 respectively in general subscriptions confirmed last week, according to financial investment industry sources on the 9th. The figures mark

Strategy Inc. Executive Chairman Michael Saylor identified digital credit as a major finance opportunity in an Aug. 7 post on X, writing that if he were looking for the next billion-dollar business in finance, he would study digital credit. The post included a chart showing effective yields across S

Crypto spot trading volume across 44 monitored exchanges dropped to approximately $15 billion in average daily volume last week, marking the lowest level of 2026 and representing a 70% decline from January peaks, according to analytics firm Kaiko data. The volume contraction reflects broader

Texas Governor Greg Abbott froze new data center approvals on August 3, 2026, ordering a comprehensive audit of projects in the Electric Reliability Council of Texas interconnection queue. The directive responds to a queue containing 474 gigawatts of pending projects, approximately 90% of them data

President Trump sent Federal Reserve Governor Lisa Cook a formal removal notice on August 5, citing mortgage fraud allegations tied to property applications in Georgia and Michigan. The action follows a Supreme Court ruling issued June 29 that established procedural requirements for presidential rem

Block, the fintech company co-founded by Jack Dorsey, acquired 234 Bitcoin during the first half of 2026, bringing its corporate Bitcoin holdings to 9,117 BTC by June 30, according to a recent company filing. The company recorded over $260 million in losses on its Bitcoin investments during the firs

Iran has released a list of demands for the United States in ongoing negotiations over the Strait of Hormuz, mediated by Oman. The demands include lifting sanctions, ending the naval blockade, withdrawing U.S. forces, paying war reparations, and releasing frozen Iranian assets. This development has

Multiple companies are conducting initial public offering activities during the week of August 10-14, according to market schedules. Delicious and K&S I&C will list on the KOSDAQ market on August 12 and August 14 respectively, while Gido Industries, Hatch Tech, and Nearthlab will open general

SM Entertainment stocks closed at 75,600 won on July 7, up 2.58% from the previous trading day, according to Korea Exchange data released on the 9th. The entertainment company reported Q2 consolidated revenue of 349.6 billion won and operating profit of 52.9 billion won, representing

The U.S. Senate will take up a cloture motion on the Digital Asset Market Clarity Act (H.R. 3633) at 2:15 p.m. on Sept. 15, according to the Senate Democrats' published schedule on Aug. 8. The cloture action concerns the motion to proceed with considering the bill, not final passage. H.R. 3633

Hanwha Life Insurance has implemented structural reforms to enhance profitability in its core insurance business and secure future growth drivers. The company's first-half net profit is forecast to reach 490 billion won, more than doubling from 179.7 billion won in the prior year same period,

President Lee Jae-myung ordered a full review of the government's Individual Savings Account (ISA) reform plan and anti-stock price suppression measures on the 7th. The directive came four days after the tax reform plan was announced on the 3rd. The measures, intended to increase domestic

Bank of Korea resumed gold investment after a 13-year pause since 2013, as three major Korean banks' combined gold banking balances fell over 700 billion won in six months through July. The central bank cited heightened interest in safe-haven assets due to Middle East conflicts and U.S.

Sixteen cryptocurrencies recorded notable price movements across four major Korean exchanges during the 23-hour period from August 8, 9 AM to August 9, 8 AM. ACE (Fusionist) led gains with a 36.67% increase to 205 KRW on Bithumb, while BTT (BitTorrent) rose 33.33% to 0.0004 KRW on the same

South Korean stocks continued their decline led by semiconductor companies, with the KOSPI closing at 6,258.77 on the 7th, down 37.61 points or 0.60% from the previous session. KB Securities analyst Kim Min-gyu identified undervalued sectors including banking, food, cosmetics, non-ferrous metals,

Crocs, the Nasdaq-listed footwear company, saw its stock price surge from $85 to $136 this year, marking a nearly 60% gain. The company released Q2 results last month showing record quarterly revenue of 1.179 billion dollars, driven by explosive growth in Asian markets including China, India, and

An Ethereum whale sold 7,323 ETH for $13.96 million this week, pushing total realized losses on the position above $19 million. The wallet had accumulated ETH at an average price of $2,723 between February 2022 and March 2023, then staked the holdings for years before exiting at

Multiple Korean companies are conducting initial public offering (IPO) subscriptions during the second week of August. Kido Industries will hold general subscriptions on 11-12, while Hatchtech and Nearthlab will accept subscriptions on 12-13. The companies are seeking capital through KOSDAQ market l