Gate Cryptocurrency News and Market Analysis

The US Bureau of Labor Statistics will release July Consumer Price Index (CPI) data at 8:30 US Eastern time (20:30 Singapore time). Market consensus forecasts headline CPI at approximately 3.4% year-over-year and core CPI at around 2.5% year-over-year. The data release occurs as the Federal

President Lee Jae-myung chairs a briefing on the 12th afternoon at Cheongwadae to review a national strategy for cultivating seven advanced technology sectors as next-generation growth drivers. The government designated Small Modular Reactors (SMR), nuclear fusion, renewable energy, quantum technolo

Bank of Korea Deputy Governor Yoo Sang-dae will leave his post on the 20th as his term concludes. Yoo joined BOK in 1986 and specialized in foreign exchange and international finance. He returned as Deputy Governor in August 2023 after previously retiring in 2021. His three-year tenure faced

Mirae Asset Securities announced on August 12 that its Q2 2026 consolidated net profit reached 1.9052 trillion won, marking the first time a Korean securities firm has exceeded 1 trillion won in net profit for two consecutive quarters. The company's Q2 pre-tax profit totaled 2.5287 trillion won,

DEX Aster has launched AOS-2 (Aster Open Standard Phase 2), expanding its open listing framework from the spot market to perpetual futures. Eligible applicants must stake 1 million ASTER tokens before the on-chain verifier vote, with a four-year lock-up period and no early redemption. AOS-2 Framework Process: Staking, Verifier Voting, and Risk Configuration (Source: Aster) The AOS-2 application process is as follows: Staking: Applicants stake 1 million ASTER tokens, which are locked for four yea

Korea Exchange held meetings on the 10th with asset management and securities firms to discuss aftermarket ETF trading planned for September 14. All asset managers opposed the initiative, citing the absence of real-time estimated net asset value (iNAV) after regular market hours and liquidity

Korean department store stocks declined on August 12, with Shinsegae dropping 4.08% to 411,000 won at 9:35 AM, while Hyundai Department Store fell 1.88% and Lotte Shopping declined 1.11%. The declines follow a broader market correction after the stocks peaked in June. JP Morgan lowered its price

South Korea's Financial Services Commission is advancing an inspection reform plan that will limit Financial Supervisory Service regular inspections to soundness checks only, according to a May 11 Yonhap Infomax report. Compliance inspections examining regulatory violations will be conducted

South Korea's cosmetics exports during the January-May period narrowed the gap with France to a record low. Korean basic and color cosmetics exports reached $4.639 billion, up 21% year-over-year, while France posted $5.082 billion, down 2%. The bilateral gap shrank from $3.1 billion annually last ye

BitMEX founder Arthur Hayes analyzed in his latest article, “Yen Earthquake,” that U.S. Treasury Secretary Scott Bessent is planning a measure aimed at strengthening the yen. The core idea is for Japan to pledge U.S. Treasuries through the FIMA repo facility to borrow dollars from the Fed rather than sell Treasuries. Hayes believes this would force the Fed to expand its balance sheet. Hayes’s Three Proposals for Strengthening the Yen and Their Respective Risks (Source: Substack) According to Hay

ASE Technology (ASE) and Amkor Technology (AMKR), both semiconductor packaging firms, exhibit a significant valuation disparity that enables a pairs trading opportunity, according to market analysis. ASE trades at a Forward PE of approximately 27x despite net margins of 8-9%, a premium typically

Super Micro Computer reported quarterly earnings per share of $1.70, significantly exceeding the market consensus of $0.96, with gross margin reaching 17.6% — a 7.5 percentage point increase from the

Bitcoin (BTC) remained weak and fell further, trading at around $63,755 as of August 12. The U.S. Securities and Exchange Commission (SEC) has scheduled a meeting this week to begin formulating cryptocurrency regulations if the CLARITY Act is not passed. The Central Bank of Russia has proposed allowing BTC, ETH, and USDT to be traded on exchanges, with retail investors subject to an annual limit of $3,650. Macro Events & Crypto Highlights CoinTelegraph reported that the U.S. Securities and Excha

Morgan Stanley announced on May 11 that the U.S. stock market's beta-driven rally, led by cyclical stocks earlier this year, has ended, with investors now prioritizing companies demonstrating strong free cash flow (FCF) generation. Chief Investment Officer Mike Wilson stated in a podcast that

South Korean cryptocurrency investors moved approximately 700 trillion won to overseas exchanges over a five-year period from 2021 to 2026, according to a joint report by Tiger Research and Chainalysis tracking roughly 120,000 wallets. The outflow occurred as domestic investors sought derivatives tr

On-chain data from August 12 shows that a brief drop in the price of ETH caused Machi Big Brother Huang Licheng’s 25x leveraged ETH long position to undergo two partial liquidations within the past hour. The position currently holds 2,336 ETH, with an unrealized loss of approximately $70k. According to Lookonchain statistics, Huang’s account has experienced hundreds of liquidations, earning him the title “King of Liquidations.” Current Position Data for the 25x Leveraged ETH Long According to on

David Rosenberg of Rosenberg Research stated in a podcast that AI investment is diverting capital from other US corporate expenditures. Business Insider reported on the 11th (local time) that approximately 50% of total corporate investment now flows to AI-related areas, growing at 18% annually in re

The South Korean government is preparing to release Green Belt land in the Seoul metropolitan area to address housing supply shortages, according to industry sources on August 12. The plan targets approximately 150㎢ of restricted development zones in Seoul, which would mark the first large-scale rel

KT announced on August 12 that its Q2 2025 operating profit declined 36.1% year-over-year to 648.3 billion won, beating market expectations of 560.5 billion won despite the drop. The telecom operator attributed the year-over-year decline to its customer compensation program following last year's