Gate Insights and Crypto Market Analysis

Cardone Capital added 10.5 BTC from July real estate cash flow, bringing total holdings to more than 2,700 BTC. Grant Cardone disclosed the purchase earlier today, extending a monthly buying strategy funded by rental income from the firm's multibillion-dollar apartment portfolio. The 10.5 BTC

Swedbank has agreed to pay a $50 million penalty after New York regulators found the bank withheld information about customers and relationships connected to the Panama Papers offshore money scandal. The New York State Department of Financial Services said Swedbank failed to cooperate fully with an

Apple (AAPL) stocks received a 'Buy' upgrade from HSBC with a price target raised to $366 from $260, while the iPhone-maker sent legal letters to around 40 former employees now working at OpenAI. The upgrade cited Apple's AI strategy, modest capital spending, and upcoming hardware launches, while th

Hong Kong Cable TV (01097) announced that its indirect wholly-owned subsidiary PHL has agreed to make a financial investment of $4.5 million USD (equivalent to HK$35.1 million) in a South Korean music festival organized and operated by OPG Group. The board of directors stated that entering into

Solana surpassed 300,000 real-world asset holders, reaching 300,130 wallets holding tokenized assets and becoming the largest blockchain network by RWA holder count. The network's tokenized asset ecosystem is valued at approximately $3.32 billion and hosts more than 2,120 tokenized asset types. The

Offshore perpetual futures and prediction-market contracts are trading on GPU pricing, Bernstein said. Architect's AX exchange, registered in Bermuda and outside the Commodity Futures Trading Commission's purview, lists perpetual-style compute futures, while Kalshi, a CFTC-regulated platform,

Google, Nvidia, SBI Holdings and Swiss bank AMINA announced a series of partnerships during the third week of July, spanning AI search infrastructure, robotics, prediction markets, tokenized securities and crypto payment rails. The deals center on backend systems required for AI agents, surgical rob

International Business Machines Corp. (IBM) shares are headed for their worst week in over 58 years after the company announced preliminary second-quarter results earlier this week. IBM shares were down nearly 2% in Friday's pre-market trade, with the stock now down nearly 24% for the week. If IBM s

XRP may be nearing a pivotal stage in its current market cycle, according to veteran market analyst ChartNerd, who projects a potential 10x-plus rally once the cryptocurrency confirms a long-awaited macro bottom. ChartNerd argues XRP has spent years building a massive accumulation base after an

Taiwan Semiconductor Manufacturing Co. triggered a chip sector sell-off after the company announced an increased spending forecast. Nasdaq-100 futures dropped as much as 2% in premarket trading this morning following yesterday's session that saw chipmakers including Arm Holdings, Micron Technology a

A Dutch court declared cryptocurrency platform Knaken Cryptohandel BV and its affiliated foundation bankrupt on Thursday after prosecutors said 7 million euros ($8 million) in customer assets were missing. The Rotterdam court issued the ruling to ensure an orderly settlement after Knaken blocked

Bitcoin investment products returned to inflows after investors withdrew approximately $8 billion over 8 consecutive weeks, ending what CoinShares described as the longest negative run on record for spot Bitcoin exchange-traded funds. The reversal followed two weaker-than-expected US inflation

SBI Group partnered with Ondo Finance to tokenize Japanese equities, bringing one of the world's largest capital markets onto the blockchain. Under the agreement, Ondo Finance will issue tokenized Japanese stocks through Ondo Global Markets (BVI) Limited, while SBI Group will distribute the

Bitcoin price moved toward $62,000 on July 17 as US military strikes on Iran intensified, pressuring risk markets globally. The cryptocurrency fell to an intraday low near $62,636 before recovering slightly above $63,000, while US stock futures declined and oil prices remained elevated near $85

Visa Business and Economic Insights released a projection last week estimating that $36 trillion in baby boomer wealth will transfer to Gen X and millennials over the next 20 years, a figure significantly lower than Cerulli Associates' estimate of $105 trillion passing from older generations to

Spot XRP exchange-traded funds drew steady institutional inflows during the latest trading session, pushing cumulative investments to $1.49 billion and approaching the $1.5 billion milestone. Bitwise's XRP ETF attracted $4.41

Institutional trading venue Spotex appointed Joe Tuccio as Head of Digital Assets as the company expands into institutional cryptocurrency trading beyond its established foreign exchange and precious metals business. Tuccio joins the US-based firm after working with Spotex through Seabury Capital, a

Two men linked to the Scattered Spider hacking group were sentenced to five years and six months in prison on Thursday by the United Kingdom National Crime Agency and City of London Police. The pair pleaded guilty during their first court appearance at Woolwich Crown Court on June 22. British

Morgan Stanley completed the rollout of cryptocurrency trading on its ETrade platform Thursday, offering eligible clients spot bitcoin, ether, and solana trading with 50 basis point transaction fees. The bank partnered with Zerohash to handle custody and settlement, enabling 24/7 trading through ETr