Gate Insights and Crypto Market Analysis

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

Bitcoin and Ethereum exchange-traded funds recorded $282 million in net inflows, breaking an eight-week redemption streak according to data from Farside Investors. The inflow period marks a reversal from extended outflows that had characterized recent weeks in regulated crypto fund products. ETF flo

The USD/KRW exchange rate closed at 1,497.50 won at 6am, down 5.90 won from the previous 3:30pm Seoul close of 1,503.40 won, as US-Iran conflict intensified. US President Donald Trump announced via Truth Social he would reinstate Iran blockade measures and collect 20% compensation on all cargo from

Korea Electric Power Corporation (KEPCO) successfully issued $700 million in global bonds through a 144A/RegS offering, achieving lower interest rates than domestic Korean won-denominated debt. The state-owned utility split the issuance into a $400 million 3-year floating rate note (FRN) and a $300

Samsung Electronics and SK Hynix profit growth rates declined to single digits in May according to a Heungkuk Securities report released on May 14, with the Korean stock market experiencing increased volatility as a result. Heungkuk Securities researcher Lee Young-won attributed the slowdown to

FSS Governor Lee Chan-jin acknowledged on July 13 that resolving issues with single-stock leveraged products will be difficult due to structural problems, stating that no clear answer is expected. Lee made the remarks at a meeting with CEOs of 20 asset management companies held at the Korea

Mirae Asset Life Insurance is relocating its headquarters from Yeouido to the Shin Gongdeok i-Park office building in Mapo-gu, starting on the 17th for three days. The move ends the company's approximately nine-year presence in Yeouido, which began in July 2017 when it moved into the Mirae Asset

Kioxia stock has declined over 20% this month, with Wall Street analyst Mark Li from Sanford C. Bernstein projecting the stock could fall an additional 40% from current levels. The decline follows profit-taking after a sharp rally and reflects growing concerns over competition from Chinese NAND

Lawson, one of Japan's three major convenience store chains, will pilot JPYC stablecoin payments at its Takanawa Gateway City store in Tokyo's Minato Ward in early August, according to the Nikkei. The pilot, powered by digital asset wallet provider Hashport, enables customers to pay for goods

Securities and Exchange Commission Chair Francis Lim defended the regulator's decision to file a criminal complaint against the Villar family in January, stating the agency will sue any party that warrants prosecution regardless of political or economic power. The complaint accuses Villar Land