Gate Insights and Crypto Market Analysis

The Federal Reserve will release FOMC meeting minutes on July 9 at 3am Korean time (July 8 at 2pm US Eastern time). This marks the first FOMC minutes publication since Kevin Wash became Fed Chair. The minutes provide insight into Fed officials' discussions during last month's meeting, with market

Hyundai Engineering & Construction issued 500 billion won in convertible bonds on the 7th, the company announced. The bonds carry a 0% coupon rate and 0% maturity rate with a 5-year term. The conversion price was set at 150,607 won, reflecting a 5% premium to the stock price at the time of the

BonkDAO suffered a governance attack that drained approximately $20 million worth of BONK tokens from its treasury after an attacker spent about $4 million to acquire voting power. The attack was disclosed on July 6 by BonkDAO, the decentralized governance organization associated with the

SpaceX (SPCX) entered its Nasdaq-100 debut week with SPCX stock falling 1% on Monday, extending a pullback after losing another 1% over the past week, while shares were down 2% overnight late Monday. The stock decline comes as the company prepares to join the Nasdaq-100 at the start of trading on

Lloyd Blankfein, who led Goldman Sachs for 12 years, reflected in his memoir published in March that spending money proved harder than earning it after achieving wealth. The self-made financier wrote in 'Streetwise' that philanthropy was the last thing on his mind growing up poor, as daily

Lloyd Blankfein, who led Goldman Sachs for 12 years, reflected in his memoir published in March that spending money proved harder than earning it after he became wealthy. The self-made financier, who grew up in poverty and rose to CEO of a top Wall Street investment bank, said in 'Streetwise' that p

Vietnamese sportsbook QH88 and Curaçao-licensed operator Nightwin deployed AI deepfakes and fabricated endorsements to fraudulently present football stars Bruno Fernandes and Jude Bellingham as brand ambassadors. QH88 produced a one-minute video purporting to show Manchester United captain Fernandes

Yield Guild Games shut down its crypto game publishing arm YGG Play and laid off 35 employees in 2026, citing commercial unsustainability caused by a prolonged crypto market downturn and a difficult video game publishing environment. The decision followed a major market crash on October 10 that

Shinhan Investment & Securities and Kiwoom Securities are conducting corporate bond demand forecasting this month while under Financial Supervisory Service on-site inspections related to JTBC bond misselling allegations. Shinhan is conducting demand forecasting on the 7th for 250 billion won in bond

Broadcom extended its custom application-specific integrated circuit (ASIC) supply contract with Apple through 2031, Bloomberg and Reuters reported on the 6th local time. Apple accounts for approximately 20% of Broadcom's revenue, making it the semiconductor company's largest customer. The contract

Ondas CEO Eric Brock stated that the global defense technology sector has entered a phase where manufacturing scale and supply chain localization have become the primary challenges, following the company's $875.8 million acquisition of DZYNE. Speaking to Bloomberg, Brock said governments are

Taiwan's central bank mentioned South Korea in monetary policy materials released on the 2nd, stating that traditional manufacturing weakness amid external headwinds is not unique to Taiwan but a pattern observed in South Korea and Japan. The central bank explained this in its post-meeting press

South Korea's Fair Trade Commission imposed fines totaling 747.576 billion won ($747.6 million) on four starch syrup manufacturers on May 7 for operating a price-fixing cartel over 7 years and 5 months. Daesang, Sajo CPK, Samyang, and CJ CheilJedang coordinated prices in what became the largest

South Korea's Ministry of Finance and Economy announced on the 7th that its upcoming tax reform plan, scheduled for release at the end of this month, will protect single residential homes for actual residence while rationally reorganizing systems that encourage real estate speculation. Kim Hu-jin,

KOSPI declined as much as 8% intraday on the 7th, prompting Samsung Securities to release an emergency market report titled 'Stock Market Decline Background and Response Strategy' analyzing the drop as a natural correction following rapid short-term gains rather than a trend reversal. The

PEPE trades in a tight range as volatility contracts before a potential breakout. Neutral RSI and flat MACD reflect balanced buying and selling pressure. Bullish Stochastic crossover hints at growing momentum if buyers reclaim control. PepeCoin — PEPE, has entered a quiet phase after

PEPE trades in a tight range as volatility contracts before a potential breakout. Neutral RSI and flat MACD reflect balanced buying and selling pressure. Bullish Stochastic crossover hints at growing momentum if buyers reclaim control. PepeCoin — PEPE, has entered a quiet phase after

Bitmine Emergent Technologies (NAS:BMNR) purchased 42,000 Ethereum last week, citing growing optimism around the Clarity Act's passage as the primary driver. The acquisition, valued at approximately $74 million, brings Bitmine's total Ethereum holdings to 5.74 million tokens — roughly 4.8% of the ci

The Trump administration's Strategic Bitcoin Reserve, established through a March 2025 executive order, faces unresolved legal and administrative questions as officials determine which federal department should manage the government's Bitcoin holdings. According to a Bloomberg report, the main

Microsoft announced Monday it will cut 3,200 jobs in its Xbox division and sell or spin off several game development studios, according to a memo from Xbox CEO Asha Sharma to staff. The restructuring includes 1,600 layoffs this week and 1,250 more over the rest of the fiscal year that began this