Gate Insights and Crypto Market Analysis

A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels. Researchers tested 200 USDC remittances across 10 bidirectional payment corridors linking Italy with Brazil, Argentina, Japan, the United Arab

Microsoft (MSFT) stock surged Thursday, closing near $451.50 with a 15.5% gain—its strongest one-day percentage increase since October 2008. The rally added nearly $450 billion to the company's market value, the largest one-day increase recorded by any company, lifting its valuation to

AST SpaceMobile Inc. (ASTS) announced on Friday that BlueBird satellites 11, 12 and 13 are stacked and ready for their August 5 orbital launch from Cape Canaveral Space Force Station aboard a SpaceX Falcon 9 rocket. The company said BlueBirds 14, 15 and 16 are set to follow, and production is

Korean financial authorities are internally reviewing past Equity-Linked Warrants (ELW) regulation cases as they develop measures for single-stock leverage ETFs, according to financial investment industry sources on the 1st. The review stems from concerns that initial measures announced on the 16th

Bitcoin fell nearly $3,000 on July 31, dropping to $62,369 after failing to hold $65,000 during a 12-hour sell-off period. The crash wiped out $360 million in crypto leveraged positions, with $100 million in Bitcoin long bets liquidated—a fourfold increase from $23 million liquidated 24 hours

Brent and West Texas Intermediate crude oil prices fell Friday as increased shipping flows through key Middle East routes eased immediate supply concerns. Brent crude futures dropped $1.03, or 1.2%, to $88 a

Ondo Perps crossed $300 million in 24-hour trading volume less than a month after launch on July 7. According to data from DeFiLlama, the platform generated $320.18 million in trading volume over the past 24 hours, with cumulative trading volume climbing to $5.763 billion and open interest

South Korean President Lee Jae-myung and Argentine President Javier Milei held a summit on the 31st (local time) that revealed unexpected common ground on artificial intelligence cooperation and policy execution speed. The two leaders discussed critical minerals, energy cooperation, AI, regulatory i

The Federal Communications Commission added foreign-made advanced robotic devices and connected power inverters to its Covered List on Tuesday after U.S. national security agencies determined the products pose unacceptable security risks. The move follows findings by a White House-convened

South Korea and Argentina finalized the text of a Double Taxation Agreement (DTA) on the 31st (local time) in Buenos Aires, resolving a long-standing obstacle to corporate investment between the two nations. National Security Advisor Wee Sung-rak announced the outcome during a briefing at a Buenos A

Goldman Sachs raised its Amazon stock price target to $375 from $335 and maintained a Buy rating after the company posted second-quarter results. The firm cited faster AWS growth of 36.7% year over year to $42.2 billion, marking the cloud unit's fastest expansion in 18 quarters, alongside rising

Japan likely spent ¥8.45 trillion, or $52.8 billion, buying yen and selling dollars on Thursday, marking Tokyo's largest suspected single-day currency intervention. The operation occurred after the yen weakened below 163 per dollar earlier this month, raising concerns over import costs. Japan

Coinbase shares fell to their lowest levels in roughly two and a half years on Friday morning after the crypto exchange reported weaker-than-expected second-quarter results, later trading around $150. The stock remains down roughly 57% over the past year. Wall Street analysts debated whether to

Bitcoin is testing a critical resistance cluster near $65,000, where the 78.6% Fibonacci retracement at $65,073.57 converges with a descending trendline from the $66,000 peak. BTC traded near $64,619 in technical analysis, positioned above the 61.8% retracement at $64,560.92 but below the

Solana (SOL) is defending a five-day base near $73 as traders monitor key technical levels on short-term charts. The cryptocurrency was trading near $73.74 on Binance futures, inside a narrow consolidation range centered around $73.50 to $74. Repeated attempts to push price lower have attracted

Coinbase missed earnings expectations for the third consecutive quarter in the three months ending June 30, prompting Wall Street analysts to lower price targets this week while maintaining buy ratings on Coinbase stocks. The cryptocurrency exchange reported a loss of $359.5 million, or $1.36 per

US hedge fund Situational Awareness liquidated its portfolio this week after a semiconductor stock crash triggered margin calls, sparking one of the largest single-day surges in momentum stocks since December 2000, Wolf Research reported on January 31 (local time). The fund, which used leverage up t

Deribit derivatives exchange will see approximately $9.7 billion worth of cryptocurrency options expire on July 31, the last Friday of both the week and the month. The expiration includes $9.69 billion in Bitcoin options and $830 million in Ethereum options, occurring as Bitcoin trades around the $6