Gate Insights and Crypto Market Analysis

KB Securities and Ecopro Partners were selected as co-general partners for the National Growth Fund's regional investment category. The announcement was made on the previous day by Korea Development Bank and Korea Growth Finance Investment Management. The selection enables the two firms to jointly o

K Bank faces a decision on extending its temporary suspension of new minus account sales, with the current freeze set to expire on the 31st of this month. The internet-only bank halted sales of the 300 million won overdraft facility from the 16th of last month, citing a surge in credit loans

South Korean savings banks and mutual financial institutions experienced a slowdown in household loan growth during the first half of the year, contrasting sharply with commercial banks that increased household loans by approximately 15.7 trillion won in the same period, while savings banks saw a

Individual investors using leveraged stock positions in Korean markets faced forced liquidations exceeding 400 billion won through July 10, according to Korea Financial Investment Association data. The mass sell-offs occurred as the Korean stock market plunged due to renewed Middle East conflicts, s

KT&G successfully issued a $300 million eurobond (RegS) following bookbuilding conducted the previous day in Asian and European markets, the company announced on the 14th. This marks the tobacco and consumer goods company's second foreign currency bond issuance, building on its debut eurobond

Wall Street analysts expect Q2 earnings to be solid, according to a July 13 local time report by Yahoo Finance citing JP Morgan strategist Mislav Matejka. Matejka noted that negative earnings pre-announcements are significantly lower than typical levels, while corporate earnings estimates have

Ethereum is stabilizing below the $1,800 region as traders adopt a more selective approach to the spot ETF launch narrative, according to data from Arkham Intelligence. Lower futures open interest indicates reduced leverage-chasing compared to earlier hype cycles, suggesting the market is waiting

Bitcoin rebounded toward $64,000 after recent weakness, giving bulls improved positioning while facing a critical test at the $65,000 resistance zone. The recovery aims to calm immediate market panic, though traders await confirmation of whether this represents genuine trend repair or temporary

EcoProBM, a subsidiary of EcoPro Group, announced on the 14th a capital raise of 1.2 trillion won through issuing 9.9 million new shares via rights offering followed by public offering of unsubscribed shares, representing 10.1% of existing Korean stocks. The capital raise aims to secure nickel

Korea Investment & Securities on the 14th reaffirmed its buy and overweight recommendation on memory semiconductors despite forecasting SK Hynix's Q2 operating profit at 60.4 trillion won, 8% below the market consensus of 65 trillion won. Analyst Chae Min-sook emphasized that structural supply

Retail investors in the Korean stock market maintained net buying during the recent correction, but their purchasing power is weakening as credit financing and investor deposits decline, according to an SK Securities report published on the 14th. Analyst Kang Dae-seung noted that total credit financ

Three major Chinese oil companies gained between 0.7% and 2.4% as oil prices rebounded from recent declines, with the petrochemical sector outperforming across EJFQ's 25 industry classifications. The Hang Seng Index closed at 24,213

Apple stocks reached an all-time high of $317.31 on the 13th local time as investors sought a safe haven amid growing concerns over AI infrastructure investment profitability. The stock rebounded approximately 16% from its low of $275.15 on the 25th of the previous month, adding roughly $650

IoTrust, the South Korean company behind the D'CENT hardware wallet, released a teaser for its card-type cold wallet D'CENT S on the 14th and will launch the product on the 21st. The new device marks the company's first product release in eight years. The card-format wallet integrates hardware walle

The South Korean government announced a dual-track strategy to develop the nation into '5극 3특' (five poles, three special zones) super-regional areas, according to a parliamentary briefing submitted by the Ministry of Land, Infrastructure and Transport. The government will finalize detailed plans th

Democratic Party legislator Kim Won-i plans to propose an amendment allowing grandson companies of holding companies to hold 50% stakes in great-grandson companies for government-certified advanced technology firms, according to political sources on the 14th. The proposal aims to address rising

Homeplus closed all 67 operating large-format stores effective the 13th after failing to secure emergency operating funds. Seoul Rehabilitation Court set a deadline of the 20th for the retailer to present a plan to secure ₩200 billion in emergency funding, a condition for extending rehabilitation pr

KB Kookmin Bank initiated the process to appoint a new outside director after Moon Soo-bok recently resigned for personal reasons, reducing the board from eight to seven members. Moon, a KAIST Computer Science professor who joined the board in March 2022, stepped down despite having significant

Kraken added support for USDT0 and USDC.e stablecoins on the Arbitrum network. The exchange made the listings available to give users lower-cost options for stablecoin transfers compared to Ethereum mainnet. The move reflects a broader industry trend where major cryptocurrency exchanges are

Oracle (NAS:ORCL), a cloud services and infrastructure provider, saw its stock decline 6.47% to $131.54 on the 13th (local time) in New York trading as the impact from last week's credit rating downgrade continued. The decline followed Standard & Poor's (S&P) downgrade of Oracle's credit rating from