Gate Cryptocurrency News and Market Analysis

NVIDIA announced AI server system price increases exceeding 15% effective early next year, triggering significant stock declines for Korean memory chipmakers on August 24. Samsung Electronics shares fell 8.7% while SK Hynix dropped 3.4% despite the price hike being attributed to high-bandwidth memor

On Aug. 24, 2026 local time, the second round of La Liga featured a highly anticipated showdown—Osasuna hosted Levante at El Sadar Stadium. This match was not only a direct clash between two teams that narrowly avoided relegation last season after each earning 42 points, but also an early six-pointer in the relegation battle. Beyond traditional football analysis frameworks, the Gate Event Market provides an entirely new perspective for assessing the match's trajectory. As of Aug. 24, 2026, Gate

The USD-JPY exchange rate traded at 158.889 yen at 1:46 PM on August 24, down 0.03% from the previous trading day, as Japanese export companies' dollar selling pressure weighed on the pair. The decline was driven by strong dollar selling demand from Japanese exporters and falling oil prices in

Global and Korean markets show sharply diverging patterns in single-stock leveraged product trading, with international investors buying SK Hynix leveraged ETFs on dips while Korean domestic trading collapses under new regulations. The Financial Times reported on the 23rd that global investors

South Korea's Financial Intelligence Unit (FIU) under the Financial Services Commission announced amendments to supervisory regulations on the 19th, codifying restrictions on personal wallet transfers for virtual assets (digital assets). The regulations block high-risk transactions and permit transf

Grayscale's Zcash Trust is anticipated to begin trading on NYSE Arca on or about 25 August under the ticker ZCSH, according to a Form 8-K the trust filed on 21 August. The listing is subject to the receipt of certain regulatory approvals, with Grayscale Investments announcing the same day that it in

Jung Hoon discussed challenges facing retail investors in Korean stocks during a recent interview. The former vice president of Seoul Credit Rating & Information, an AI and data specialist, highlighted increased difficulty in buy-sell decisions as major semiconductor stocks including Samsung

Bitget CEO Gracy Chen predicts Bitcoin will finish 2026 within US$10,000 to US$20,000 of its current trading range, rejecting expectations of a decisive breakout before year-end. Speaking on Cointelegraph's Trade Secrets podcast, Chen attributed her cautious outlook to Bitcoin's deepening

Dunamu, the operator of South Korean cryptocurrency exchange Upbit, announced plans to pursue an initial public offering (IPO) once its comprehensive stock swap with Naver Financial is completed. The company stated no decision has been made regarding which country's stock market will host the

Investment manager Lawrence Lepard warned that passing the Digital Asset Market Clarity Act will not enable stablecoins to resolve issues in the US Treasury debt market. Lepard noted the $255 billion stablecoin market covers barely 3% of the $8 trillion in annual US debt rollover needs. Foreign

Shein is planning a Hong Kong IPO to raise up to $1.77 billion by selling around 280 million class B shares priced between HK$47.60 and HK$49.50 per share, according to a filing on Monday. The offering values the fast fashion retailer at close to $27 billion at the top of that range. The company

Hana Securities identified three variables for Korean stocks' rally continuation on August 24: Samsung and SK Hynix returns, NVIDIA earnings, US rates. KOSPI gained 31.4% from its August low following July's decline. Samsung's announced 90-110 trillion won shareholder return may support the market f

Federal Reserve Bank of Cleveland researchers found that beliefs about future returns, rather than demographic factors, primarily drive cryptocurrency ownership among American households. A working paper by economists Michael Weber, Bernardo Candia, Olivier Coibion and Yuriy Gorodnichenko revealed t

Nvidia is planning a follow-on investment in Perplexity as part of a new round that would value the AI firm at $30 billion, Reuters reported on Monday, citing a report in The Information. The chipmaker first invested in the AI startup in late 2023. Technology critic Ed Zitron criticized the move, st

Short-selling positions increased in several Korean stocks that experienced recent price surges, as of the 19th, according to Korea Exchange data. The positions expanded despite upward price momentum, reflecting divergent investor expectations about these stocks' future direction. The phenomenon

The Bank of Korea is conducting potential growth rate estimation work that could create opposing forces on monetary policy, according to an August 24 report. If the potential growth rate rebounds from its declining trend, the resulting GDP gap reduction could exert downward pressure on medium- and s

The Bank of Korea is revising its potential growth rate estimates, a process that could influence the Korean won's valuation over the medium to long term. The central bank previously estimated potential growth at an average of 2.0% for 2024-2026 in December 2024, citing declining working-age

Moderna (NAS:MRNA) and Merck (NYS:MRK) announced the success of their Phase 3 clinical trial for a personalized mRNA cancer vaccine on 23일(현지시간), as reported by The Washington Post (WP). Mark Owick, a 73-year-old tennis coach from California, completed the 1-year trial after facing high recurrence r