Gate Insights and Crypto Market Analysis

A consortium of more than 140 organizations, including BlackRock, Visa, Mastercard, Stripe, and BNY, confirmed plans to launch Open USD (OUSD), a new stablecoin on the Ethereum blockchain. The project is governed by Open Standard, an independent consortium that distributes reserve income across

Kim Byung-yeon, director at NH Investment & Securities, recommended a split-buying strategy for Samsung Electronics and SK Hynix during a May 24 interview with Kookmin Ilbo's YouTube channel 'Yeouido Money Street,' one week before KOSPI surged over 1000 points on July 31. The market rebound was

Xinyi Solar (00968) announced interim results for the period ending June 30, reporting shareholder profit of RMB 39.016 million, down 94.77% year-over-year. The Hong Kong-listed solar glass manufacturer declared an interim dividend of 0.23 HK cents per share, a 94.52% reduction from the prior period

Robinhood Chain surpassed Base in daily active users on July 21, a lead it has maintained since, while Base counters with 187.8 million x402 payments and an upcoming tokenized-stock launch. Robinhood Chain's cumulative DEX volume topped $9 billion, driven 80% by memecoins rather than tokenized

Samsung Securities received an institutional warning from South Korea's Financial Services Commission (FSC) on the 31st, clearing a regulatory obstacle to its short-term financing business approval. The FSC reduced the penalty from a previously proposed 3-month partial business suspension to the

Silver crashed 52% from its January 29 record of $121.62 to roughly $57.79 on July 30, 2026, per FXStreet data, falling through most of the US-Iran war period despite traditional safe-haven expectations. The decline occurred because 58% of silver demand is industrial, per the Silver Institute's

KOSDAQ companies face a valuation crisis as the market closed at 719.76 on July 31, up 11.63%, while over half of listed firms remain severely undervalued. The index recovered above 700 after dropping to 644.78 the previous day, but 54% of KOSDAQ's 1,810+ companies still trade below book value

Hong Kong stocks closed higher on the last trading day of July, with the Hang Seng Index rising 25 points to 25,884 points, marking a fifth consecutive day of gains. The index accumulated a weekly gain of 921 points (3.69%) and a monthly surge of 3,003 points (13.13%) in July, reversing losses of 59

AFX, a decentralized derivatives protocol, will release a goodwill recovery plan on August 3 for users affected by a $24.15 million USDC exploit that occurred on July 22 at 9:27 p.m. UTC. The attack originated from a social engineering campaign starting July 9, in which a threat actor posing as a re

U.S. stock futures rose in early Friday trade, with Nasdaq futures up 1.2% and S&P 500, Dow, and Russell 2000 futures climbing 0.5% as of 4:00 a.m. ET, driven by Amazon's strong earnings that reinforced investor confidence in artificial intelligence revenue growth, while Apple shares fell over 7%

Hyosung Heavy Industries reported Q2 operating profit of 264.3 billion won, up 60.89% year-over-year, and revenue of 1.687 trillion won, up 10.6%, marking a quarterly operating profit record. The performance was driven by increased sales in the high-margin US market. Parent company Hyosung saw opera

Doosan approved the acquisition of SK Siltron on the 31st, purchasing a 70.6% stake from SK for approximately 2.3 trillion won. The board resolution authorized a stock purchase agreement (SPA) for Korea's only semiconductor wafer manufacturer, a move aimed at securing a sustainable revenue base

Chip stocks extended their rally in premarket trading on Friday, with the iShares Semiconductor ETF (SOXX) gaining 3% and the Roundhill Memory ETF (DRAM) advancing 2.4%. The second-day rally followed Amazon and Microsoft announcing increased capital spending to cover higher memory costs as

The Kospi closed July with a sharp rebound while Bitcoin remained stable near $64,300 despite major security and market developments. South Korean equities recovered as semiconductor stocks including Samsung Electronics and SK Hynix attracted renewed buying, yet Bitcoin showed little reaction to

Japanese stock indices closed higher on the 31st, with the Nikkei 225 rising 2,494.59 points (4.03%) to 64,362.02 and the Topix gaining 50.80 points (1.29%) to 4,003.30. The rally was driven by strong buying in AI and semiconductor stocks

Foreign investors continued selling short-term Korean government bonds on the 31st, marking seven consecutive trading days of net selling through the previous day, according to bond market participants. The selling intensified as rising swap rates eliminated arbitrage incentives that previously

The US Internal Revenue Service Criminal Investigation unit issued a fraud alert Thursday warning that scammers are mailing counterfeit letters to crypto holders. The fake letters direct recipients to a spoofed 'Digital Asset Compliance Portal' via QR codes, designed to steal digital assets and

ASEAN+3 Macroeconomic Research Office (AMRO) economists Chengxu Fu and Xiaguo Huang proposed that pricing AI compute and infrastructure in U.S. dollars could trigger a reinforced economic loop strengthening dollar-pegged stablecoin dominance. The economists identified two channels:

The UK Financial Conduct Authority publicly censured Equity For Growth (Securities) Limited on Thursday after finding the firm approved minibond financial promotions that failed to disclose substantial commissions paid to appointed representatives and introducers. The promotions were deemed