Gate Insights and Crypto Market Analysis

Sunlord Electronics (stock code 06951) announced a first-half profit forecast of 17.9 billion to 20.4 billion RMB, representing year-on-year growth of 45% to 65%, driving its Hong Kong stock price up as much as 16% in afternoon trading to reach 105 HKD. The profit increase is attributed to rising de

Patrick Witt, the adviser at the White House, has put off his military duty in order to conduct important talks on the CLARITY Act before the August recess. Harry Jung declared his resignation from his post, and thus Patrick Witt becomes indispensable within the council due to this. The White Hou

Japanese stock indices rose on the 21st, with the Nikkei 225 climbing 2,091.07 points (3.26%) to close at 66,232.19 and the TOPIX gaining 95.74 points (2.44%) to finish at 4,014.95. The rally was driven by rebound buying in semiconductor and artificial intelligence stocks that had declined sharply t

The Bank of Korea confirmed the official name of its offshore won settlement system as 'BOK-Wire Int' and announced it is proceeding with construction work targeting a September pilot launch. Four banks — Kookmin, Woori, Hana, and Shinhan — will participate in the pilot operation. The system aims

The KOSPI Korean stock index has experienced sharp volatility after falling below the 7000 level, with securities firms attributing the swings to the outsized influence of semiconductor stocks Samsung Electronics and SK Hynix, which account for 54% of the index's market capitalization. The index

Korean stocks with price-to-book ratios below 1x increased from 567 companies to 597 over the past year despite the KOSPI index more than doubling, according to analysis presented at a forum on the 21st at the National Assembly Members' Office Building in Yeouido, Seoul. Kim Min-guk, CEO of VIP Asset Management, attributed the persistent undervaluation to South Korea's inheritance and gift tax law, which evaluates listed stocks based on average prices during the two months before and after inher

Samchundang Pharmaceutical hit the upper price limit on the 20th before plunging to the lower limit on the 21st. The stock experienced a 60% swing over the two trading days. The initial surge followed the company's announcement of receiving a Pre-ANDA response from the U.S. Food and Drug

Gabia, a cloud and IT infrastructure company, launched a tender offer from May 21 to September 17 at 48,000 won per share in partnership with Macquarie Asset Management to delist and resolve its dual-listing structure. Macquarie will acquire the 24.4% stake held by Gabia co-CEO Kim Hong-guk and

Foreign investors classified as overseas institutions received preferential stock allocations in South Korean IPOs without mandatory lock-up commitments, while domestic institutional investors faced stricter holding requirements. In the HLGenomics IPO scheduled

SpaceX stock closed at $119.85 on the 20th (local time), down 3.34%, marking the 10th consecutive day of decline and falling below its IPO price of $135 for the first time since listing last month. The company, which debuted on the New York Stock Exchange in what was described as the largest IPO in

The Shilin District Court on July 20 sentenced a fraud leader identified by surname Shih to 22 years in prison for orchestrating the Cointhink Technology cryptocurrency scam that defrauded 1,539 investors of more than $37.14 million (NT$1.2 billion). Prosecutors determined the fraud ring

KOSPI opened at 6553.88 on the 21st, up 37.61 points (0.58%) from the previous trading day, after closing at 6516.27 the day before with a sharp decline of 304.33 points (4.46%). The Korean stock index has dropped approximately 2900 points in one month from its intraday high of 9385.59 recorded on t

Bitcoin, gold, Nasdaq 100 ETF (QQQ), and South Korea's KOSPI showed synchronized movements in early July 13-20 trading before diverging sharply later in the period, per Digital Asset analysis of Binance API data. Bitcoin rebounded to a period high while QQQ and KOSPI reversed gains; gold remained ra

On July 21, 2026, the KeSPA Cup League of Legends event delivered a marquee matchup—two major South Korean esports powerhouses, Gen.G and T1, went head to head. Based on Gate prediction market data, the current market assigns T1 a 64% chance of winning, while Gen.G has a 37% probability. A gap of nearly 30 percentage points like this is uncommon in direct showdowns between top esports teams. What exactly drove the market’s capital distribution to such an extent? And what differences exist betwee

NEAR Protocol rolled out a mainnet upgrade on July 20, 2026, that activates quantum-safe signing and dynamic resharding simultaneously. The upgrade introduces a National Institute of Standards and Technology (NIST)-approved post-quantum digital signature scheme, making NEAR one of the first

JP Morgan maintained its Overweight investment rating on Korean stocks in a report released on the 21st, setting a 12-month KOSPI target of 12,500 despite the index falling 28% from its peak. The global investment bank attributed recent market volatility to leverage unwinding rather than

Citigroup maintained its KOSPI target of 10,000 despite the recent sharp decline in Korean stocks, calling the downturn a technical correction. The investment bank stated on local time that most negative factors surrounding the market have peaked. KOSPI closed at 6,516.27 on the previous trading

Rep. Lee So-young of the Democratic Party of Korea, who proposed the Stock Price Suppression Prevention Act in May 2025, stated at a forum on the 21st that the bill addresses tax disparities between listed and unlisted companies in inheritance and gift scenarios. Lee explained the legislation

Big Tech companies including Alphabet, Tesla, Texas Instruments, and Intel are releasing Q2 earnings reports this week starting on the 22nd (local time), according to the Korean financial investment industry on the 21st. The market has shifted from growth expectations to earnings-based evaluation