Gate Insights and Crypto Market Analysis

Solana's decentralized derivatives market recorded $147 billion in perpetual swap trading volume during Q2 2026, according to data from defillama.com. The volume reflects high velocity activity among retail traders and automated market makers on Solana-based decentralized perpetual swap platforms. T

Microsoft announced on July 2 the establishment of a new business unit, "Microsoft Frontier Company," with a $2.5 billion investment and a team of 6,000 industry and engineering experts, led by former Microsoft Asia President Rodrigo Kede Lima as its President. Microsoft is no longer simply delivering models and APIs and closing the case; instead, it is deploying engineers directly into client offices to continuously optimize dedicated AI applications. Microsoft Frontier Company: $2.5 Billion In

On July 2, 2026, Metaplanet (stock code: 3350), a company listed on the Tokyo Stock Exchange in Japan, disclosed its Bitcoin holdings data for the second quarter of fiscal 2026. According to regulatory filings, the company purchased 2,823 Bitcoin at an average price of approximately $88,300 per coin in the second quarter. This acquisition, worth about $170.7 million, brought its total holdings to 43,000 BTC, with a market value of approximately $2.6 billion. As of July 3, 2026, according to Gate

The World Bank announced on July 1 that the Philippines is now officially an upper-middle income country (UMIC), ending the country's classification as lower middle income that had persisted since 1987. The reclassification occurred because the Philippines' gross national income (GNI) per capita

JASMY continues defending major Falling Wedge support, preserving the bullish market structure. A breakout could target $0.2785, representing potential upside exceeding 5,500%. Buyers need stronger momentum and volume to confirm the next upward move. JasmyCoin — JASMY, has returned to th

JASMY continues defending major Falling Wedge support, preserving the bullish market structure. A breakout could target $0.2785, representing potential upside exceeding 5,500%. Buyers need stronger momentum and volume to confirm the next upward move. JasmyCoin — JASMY, has returned to th

Morgan Stanley downgraded multiple Hong Kong property and conglomerate stocks, citing persistent valuation discounts despite strong market fundamentals. The investment bank noted that many local property and integrated enterprises trade below book value, with

Donald Trump earned approximately $635 million in royalties from crypto ventures during the previous year, according to his latest financial disclosure, while more than 1.48 million cryptocurrency wallets holding Trump-linked digital assets currently show unrealized losses. Veteran investor Ross

Manny Rutinel won Colorado's 8th District Democratic primary on June 30, 2026, securing 60.9% of the vote with backing from the Super PAC 'You Can Push Back,' heavily funded by Ripple co-founder Chris Larsen. The PAC spent $1 million supporting Rutinel's campaign, according to Federal Election

ARK Invest co-founder Cathie Wood said on the July 3 monthly program "In The Know" that the recession signals in the U.S. June nonfarm payrolls report mainly stem from distorted statistical data rather than problems with the U.S. economy itself; on the same day, ARK Invest bought nearly $18 million worth of Circle stock. June Nonfarm Payrolls Added Only 57,000, Less Than Half of the Expected 115,000 According to data released by the Bureau of Labor Statistics on July 2, 2026, nonfarm payrolls in

Michael Burry, the real-life inspiration for the protagonist in the film The Big Short who accurately predicted the 2008 US subprime mortgage crisis, stated on Substack on July 2 that he has shorted Micron Technology stock at $1,051.87; the reason for shorting directly instead of using put options is that "put options look too expensive." The Philadelphia Semiconductor Index plunged 12% in two days. Burry Directly Shorts Micron Stock Instead of Using Put Options Michael Burry stated in a Substac

The US government is studying restrictions on foreign-manufactured inverters, primarily targeting Chinese products, to prevent potential interference with American power supplies. The Federal Communications Commission (FCC) is drafting the proposal, which would apply to new models of foreign inverte

David Schwartz, Ripple CTO Emeritus, evaluated a proposal to modify transaction ordering on the XRP Ledger to prevent sandwich attacks. The proposal aims to limit Miner Extractable Value (MEV) and front-running by altering how transactions are sequenced within ledger cycles. Sandwich attacks

Blockchain privacy firm Fhenix announced July 2 the acquisition of Sunscreen, an early-stage developer of fully homomorphic encryption (FHE) technology for Web3 applications. As part of the transaction, Sunscreen founder Ravital Solomon will join Fhenix to lead the company's cryptographic research o

Hong Kong stocks rose at midday, with the Hang Seng Index gaining 361 points or 1.57% to close the morning session at 23,416. The rally followed overnight gains in US markets as Federal Reserve interest rate hike expectations cooled, with the Dow Jones hitting a new high, while the China Golden

MemeCore (M) recorded a 70% price rally in 24 hours, according to data from CoinMarketCap. The surge coincided with broader cryptocurrency market stabilization, where Bitcoin reclaimed the $60,000 level and Ethereum rose past $1,600. Low-cap altcoin volatility typically accelerates during initial re

Rizal Commercial Banking Corporation (RCBC) will waive most InstaPay fees starting July 4, making it the latest bank to eliminate or lower digital transfer costs after similar moves by Bank of the Philippine Islands (BPI) and Land Bank of the Philippines. The Yuchengco-led bank announced free InstaP

Strategy (MSTR) is suspected of selling 491 Bitcoin on the evening of July 1, with the news released on July 3 by Light (@lightcrypto), a well-known crypto trader who had been silent for over a year, based on on-chain data monitoring. Arkham analyst Emmett Gallic stated that the authenticity remains to be verified, as the address behavior involved differs from known Anchorage custodian addresses. Light's On-Chain Monitoring Data: 491 BTC Suspected Sold and Arkham's Address Behavior Doubts （Sourc

Tom Lee, Chairman of BitMine, the world's largest Ethereum reserve company, stated on July 3 that the ETH/BTC exchange rate has ample reason to rise in the second half of 2026; the core logic comes from Ethereum's narrative evolution from a "smart contract platform" to "money". Tom Lee pointed out three industry catalysts, including stablecoins primarily operating on the Ethereum network, with increased transaction volume directly boosting ETH demand. Tom Lee's Three Industry Catalysts: Stableco

Bloomberg published an exclusive report on July 2 that, after the U.S. Supreme Court this week blocked the firing of Federal Reserve Board member Lisa Cook, Trump and his allies are pushing ahead with plans to reshape the Fed. According to sources familiar with the matter who spoke on condition of anonymity, senior officials and outside allies are actively studying how to remove Fed board members, targeting Cook and former Chair Jerome Powell. Scope of the Supreme Court Ruling and Trump Allies'