Gate Insights and Crypto Market Analysis

Korean retail investors shifted from domestic semiconductor leveraged ETFs to US index ETFs during May 10-16, according to ETF CHECK data. The move followed a sharp KOSPI decline that saw the index fall 19.53% month-to-date through May 16. Individual investors net purchased 161.1 billion won of

U.S. stock index futures for the three major indexes fell on July 20: S&P 500 index futures and Nasdaq 100 index futures each dropped about 0.1%, while Dow Jones index futures fell nearly 0.2%. The trigger was the eighth consecutive day of U.S. airstrikes on Iran. The U.S. Central Command said the operation was intended to weaken Iran’s ability to threaten commercial shipping through the Strait of Hormuz and to quickly punish Iran’s Islamic Revolutionary Guard Corps (IRGC) forces that attacked U

Alibaba (09988-HK) stock has recently seen two developments unfolding in parallel: first, China’s version of Apple Intelligence has been filed with the Cyberspace Administration of China, and Apple will integrate Alibaba’s Tongyi Qianwen large model to deliver core AI capabilities for users in China; second, as the largest industry investor in Chinese DRAM maker CXMT (ChangXin Technology), Alibaba holds nearly 5% of its shares, and based on the market-expected market cap, its investment return r

Allbridge Core, a cross-chain stablecoin bridge, paused its protocol on Sunday after a security incident that drained $1.65 million. The attack targeted Allbridge Core's Solana deployment, with the attacker using a flash loan manipulation technique to exploit stablecoin pool exchange rates. This inc

The Korea Financial Supervisory Service (FSS) has recently served Dunamu, the operator of Upbit, with an “inspection opinion letter,” formally starting the administrative penalty process. This comes nearly 8 months after the incident and about 7 months after the FSS launched an on-site inspection. The FSS is assessing whether Dunamu violated the “Virtual Asset User Protection Act,” but the law currently does not include direct penalty provisions for hacker attacks or system accidents, leaving th

Former lawmaker Kim Seong-tae of the People Power Party stated on the 20th that financial authorities should have intervened when single-stock leveraged ETFs were first introduced as products, citing concerns over increased market volatility. Kim made the remarks during an appearance on KBS Radio, c

Citadel Securities reported that 9 out of 10 stock market indicators it tracks have significantly improved over the past 2 weeks, according to an analysis published on the 18th (local time) by Business Insider. Strategist Scott Rubner stated that earnings announcements remain the key concern and

Hong Kong stocks opened higher on the morning of July 20, with the Hang Seng Index rising 320 points to 24,882 within three minutes of trading, marking a 1.3% gain as AI and chip stocks rebounded. The opening followed a relatively moderate 1.78% decline on the last trading day of the previous

According to SoSoValue data, the tracked XRP spot ETF recorded a net inflow of $6.78 million over five trading days as of July 18, bringing the cumulative net inflow total back up to nearly $1.5 billion, a new all-time high. However, the entire $6.78 million inflow was concentrated entirely on July 16, and the other four trading days showed no reported trading activity; over the past 10 trading days, net inflows were zero for seven days. XRP ETF Posts $6.78 Million Net Inflow This Week (Source:

China electric vehicle maker XPeng (Xiaopeng Motors) held an event themed “Physical AI” this week in Munich, Germany, and officially unveiled the L03 compact SUV. Priced at €35,600 in Europe, it is cheaper than comparable models from Tesla and Hyundai. The L03 has a power output of 180kW, a WLTP-rated driving range of up to 445 kilometers, and is equipped with XPeng’s in-house Turing chips. It is expected to be sold in 64 countries and regions. XPeng L03 SUV specifications and pricing The L03 is

Tian Hong International Group (stock code 02678) issued a profit alert projecting interim net profit growth of approximately 75% year-on-year, driving Hong Kong stocks higher during morning trading on July 20. As of 10:08 AM, the stock traded at HK$6.57, up 6.8%, with turnover reaching HK$1.87

Korean government bond futures declined on July 20, with 3-year futures down 17 ticks to 102.72 and 10-year futures falling 43 ticks to 104.98 as of 8:59 AM, according to Yonhap Infomax. The decline followed international oil price surges driven by escalating US-Iran military conflict and renewed ma

Samsung Biologics said on July 20 that it has signed an agreement to acquire PolyPeptide Group, a global peptide drug CDMO, for about 2.7 trillion won (about $1.46 billion in Swiss francs)—the largest M&A deal in history for Korea’s pharmaceutical and biotech industry. After the announcement, the stock closed the same day at 1,359,000 won, down 37,000 won. July 20 M&A Agreement: Acquisition Price, Equity Structure, and December-End Completion Timeline According to Samsung Biologics’ public discl

Bank of Korea Governor Shin Hyun-song pledged to prepare a briefing on won internationalization and the 24-hour foreign exchange market on July 16, acknowledging current explanations are insufficient. The statement came after the Monetary Policy Committee raised the base rate by 0.25 percentage

Sports betting analytics firm H2 Gambling Capital’s latest estimate says that during the first month of the 2026 World Cup, prediction market activity accounted for 27% of all legal sports betting volume in the United States—up from just 9% earlier this year. When converted into a growth multiple, that share expanded by more than 3x within just a few months. The U.S. sports betting market reached total handle of about $34 billion in 2025. H2 Gambling Capital: Inflow to prediction market platform

Mirae Asset Asset Management announced on the 20th via YouTube webinar that it will list the TIGER US Tech NYSE100 Active ETF on the 21st. The active ETF targets US information technology innovation companies with 73% IT sector exposure, higher than Nasdaq100 (61%) and S&P500 (37.6%). The product is

U.S. regulators failed to finalize rulemaking within the one-year deadline set by the Guidance and Establishing New Innovation for U.S. Stablecoins Act (GENIUS Act); the GENIUS Act’s one-year deadline falls around July 19. According to a rulemaking tracker involving the U.S. Department of the Treasury, the Office of the Comptroller of the Currency, the FDIC, and the Federal Reserve Board issuing proposed rules and collecting public comments, none of them completed the final rules by the deadline

Dunamu, the operator of Upbit, is expanding recruitment for its GASOK program to discover talented developers for the GIWA blockchain ecosystem, with applications open until the end of this month. The initiative aims to identify builders, developers, and entrepreneurs with innovative ideas who can c

According to a report by Nikkei on July 20, Japanese mid-sized logistics company AZ-COM Maruwa Holdings plans to use JPYC (a yen-denominated stablecoin) to make payments to about 2,300 business partners, including individual contractors in the transportation industry and truck drivers. AZ-COM Maruwa is also considering partnering with JPYC and investing more than 1 billion yen (about $6.2 million). Overview of AZ-COM Maruwa’s JPYC Adoption Plan According to Nikkei, AZ-COM Maruwa Holdings’ JPYC a

Hana Securities released a report on July 20 forecasting that US hyperscaler earnings reports starting in late July will determine whether Korean semiconductor stocks rebound. Analyst Lee Jae-man, who accurately predicted the KOSPI's May correction, stated that Alphabet reports on July 22 (local