Gate Insights and Crypto Market Analysis

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

The Office of the President of South Korea’s National Policy Director Kim Yong-beom stated on July 19 on the Korean Broadcasting System (KBS) news program that the government will not delist single-stock leveraged stock products related to Samsung Electronics and SK Hynix. The reason is that investors have already put more than 10 trillion Korean won (about $6.72 billion) into these leveraged products, and delisting would create too large an impact on the market. Kim Yong-beom: Won’t delist Sams

On the 20th, foreign exchange dealers in the Seoul foreign exchange market forecast the dollar-won exchange rate would rise to the 1,480 won range but remain range-bound with limited upside. Middle East geopolitical risks intensified as the US Central Command announced on the 17th (local time)

Bank of America forecasted on the 18th (local time) that the US dollar will maintain its upward trajectory in the second half following a 2.5% appreciation in the first half, driven by three reinforcing factors. The bank attributed the dollar's strength to Middle East geopolitical tensions,

Global semiconductor exchange-traded funds have attracted $24.7 billion in new capital since June 22 despite suffering declines ranging from 20% to 61% from their peaks. According to ETF.com on July 17 (US local time), investors are treating the sharp downturn as a buying opportunity rather than a s

Arthur Zargaryan’s team published on X on July 19 a company that doesn’t exist at all—Sliceline.ai. The post included a polished website generated by the Hyperagent tool, a complete product showcase video, and a financing statement from a fictional venture capital firm, Atomik.vc—all of which were fabricated. On the day of the posting, the video surpassed 700,000 views. Sliceline.ai fake company’s execution structure Arthur Zargaryan’s team positioned Sliceline.ai as a tribute to the 2026 versio

Since taking office as chair in May, FED Chair Kevin Warsh has clearly said he will reduce external communications and reshape how forward-looking guidance is delivered, prompting Wall Street to rapidly adjust its policy-implied forecasting tools. This week, F/m Investments rolled out an AI tool called “WarshGPT.” It analyzes nearly 1,800 documents and speech transcripts from Warsh, aiming to help users understand how he may view issues related to the economy and monetary policy. Warsh’s shift i

Bank of America appointed executives to lead its digital assets and artificial intelligence divisions on the 18th (local time). Sonali Theisen was named head of the Global Digital Assets Platform, while Kevin Milsom was appointed head of Platforms AI Transformation. The appointments aim to

IBM, Micron, and SanDisk stocks received divergent assessments following last week's declines, with IBM labeled 'dead money' unlikely to recover soon, according to Yahoo Finance reporting on the 19th local time. IBM's stock plunged 25% on the 14th after the company reported second-quarter revenue

POSCO became the first Korean company to redeem foreign currency bonds early through a debt tender offer. The steelmaker recently redeemed approximately $360 million of $1 billion bonds issued in 2023, with the bonds originally set to mature in January 2028. POSCO undertook this measure to reduce fi

Semiconductor materials, parts, and equipment ETFs dominated weekly returns as investor funds rotated away from major chip stocks during a correction phase. Samsung Electronics and SK Hynix entered short-term pullbacks after rapid gains, prompting buying interest to shift toward equipment and materi