Gate Insights and Crypto Market Analysis

KOSPI fell 69.68 points (1.23%) to close at 5593.56 on the 30th, marking three consecutive days of decline despite foreign investors net buying 1.34 trillion won. The index initially surged over 5% intraday to 5976.82 on bargain-hunting before reversing course in the afternoon. The decline stemmed f

South Korea's National Growth Fund approved nearly 2 trillion won in low-interest loans on the 30th to strengthen national strategic industry competitiveness. The Financial Supervisory Commission's fund management deliberation approved 1.3 trillion won for LG Display's OLED new technology

Micron and other US memory stocks declined in overnight trading despite Samsung's bullish quarterly report released Thursday forecasting chip shortages through 2028. Micron dipped 1.3% overnight, with the Roundhill Memory ETF (DRAM) falling 1.3%, while SanDisk and Western Digital each rose 0.2%.

Digital asset issuance company Brale introduced the ION protocol, a technical framework designed to improve cross-chain liquidity management for customized stablecoins. The protocol uses a standardized burn-attest-mint model to move stablecoins between blockchains without relying on traditional liqu

K Bank reported second-quarter net profit of 26.9 billion won, a 60% decline from 68.2 billion won in the same period last year, as non-interest income dropped sharply. The digital bank's first-half net profit totaled 60.1 billion won, down more than 28% from 84.2 billion won year-over-year. The pro

International credit rating agency Fitch warned on the 29th that market corrections related to artificial intelligence pose serious credit risks, as the AI industry plays a massive role in driving economic growth and stock markets in major countries. In its Q3 Global Risk Outlook report, Fitch

POSCO International's Australian subsidiary Senex Energy reported Q2 operating profit of 33.2 billion won, a 235% increase from the same period last year, according to the company's Q2 earnings conference call held on the 30th. The surge was driven by production expansion effects at Senex Energy's g

Fitch Ratings published its Q3 Global Risk Outlook on the 29th, warning that AI market corrections pose serious credit risk as the AI industry drives economic growth and stock markets in major countries. The agency cited rapid valuation increases, massive AI investment scale, and

Samsung SDI will begin mass production of prismatic lithium iron phosphate (LFP) batteries for energy storage systems (ESS) at its US facility in October. The company announced during its second-quarter earnings conference call on July 30 that orders secured to date will fill a significant portion o

Ahn Cheol-soo, a lawmaker from the People Power Party, posted on Facebook on May 30 calling three financial officials the 'No-Answer Trio' and urging President Lee Jae-myung to dismiss them immediately. Ahn criticized Kim Yong-beom (Presidential Policy Office Director), Lee Eok-won (Financial

South Korea's National Pension Service disclosed that its fund assets reached 1,849 trillion won as of the end of May, according to an announcement on the 30th. The fund's asset allocation consisted of 29.4% in domestic stocks, 35.2% in foreign stocks, 15.7% in domestic

Google and Anthropic hired economists specializing in AI labor market research on the 28th (local time), the Washington Post reported. The companies recruited Chad Jones from the University of Chicago, Anton Korinek from the University of Maryland, and Alexander Imas from Stanford University.

As of July 30, 2026, according to Gate market data, Brent crude oil is at $88.69 per barrel, up 4.95% over the past 24 hours; WTI crude oil is at $85.09 per barrel, up 3.88%. Just one trading day earlier (July 29), Brent crude surged 7.91% at the close, finishing at $90.74 per barrel—one of the most aggressive single-day gains since the latest escalation of the Iran–U.S. conflict. On the same day, the Dow Jones Industrial Average plummeted by 1,153.18 points, down 2.19%, marking the largest sing

SK Hynix faces sharply divergent analyst target prices following its Q2 earnings announcement on the 29th, with projections ranging from 2.2 million won to 4.7 million won—a gap exceeding double. Korea Investment &

Bae Jae-kyu, CEO of Korea Investment Trust Management, posted on Facebook on the 30th that single-stock leveraged products should achieve 'natural death' rather than delisting, reiterating his warning that 'not investing is the best option.' This followed his deletion of a similar post from the 20th

South Korean financial authorities announced a 20% investment limit on single-stock leveraged ETFs relative to individuals' total financial investment assets, effective from the 31st. The measure aims to reduce excessive leverage concentration and stabilize market volatility. This regulation

The Nairobi Securities Exchange (NSE) and Tether signed a memorandum of understanding to explore asset tokenization and blockchain-based settlement across Kenya's $26.4 billion capital market. The partnership aims to test instant settlement mechanisms using Tether's Hadron platform and assess USDT a

Samsung SDI reported Q2 operating profit of 203.8 billion won, marking its first quarterly profit in seven quarters after posting an operating loss of 397.8 billion won in the same period last year. Revenue reached 3.7688 trillion won, up 18.5% year-over-year, driven by strong demand for

Kiwoom Securities reported Q2 2026 operating profit of 788.9 billion KRW on July 30, exceeding market expectations by 20.2% as domestic stock trading volume surged. The brokerage's net profit reached 680.6 billion KRW, up 119.4% year-over-year, driven by a 178.3% increase in stock commission

Samsung Electro-Mechanics announced Q2 operating profit of 4,404 billion won, a 106.7% year-over-year increase, and forecast record-breaking performance in Q3 driven by strong AI-related component demand and rising component prices. The company reported Q2 revenue of 3.4572 trillion won, up 24.2% ye