Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

US Non-Farm Payrolls Surge 162,000 in August, Crushing 56,000 Forecast

US non-farm payrolls increased by 162,000 in August, the Labor Department reported on September 4 (local time), far exceeding the market forecast of a 56,000 gain. The August figure represented a 106,000-job divergence from expectations. The robust August performance followed a July contraction of 2
LucasBennett·09-04 14:17
US Non-Farm Payrolls Surge 162,000 in August, Crushing 56,000 Forecast

Hedera Adds WISeKey and SpaceDevUy to Council Network

Hedera announced the addition of two new partners to its Council network: WISeKey and SpaceDevUy. WISeKey brings expertise in cybersecurity and digital identity, while SpaceDevUy focuses on decentralized applications and smart contracts. The Hedera Council oversees network governance and comprises v
HBAR2.81%
EthanBrooks·09-04 14:12
Hedera Adds WISeKey and SpaceDevUy to Council Network

Retail Investors Buy US Treasury ETFs as Yields Hit 18-Month High

Retail investors in South Korea net purchased US Treasury exchange-traded funds (ETFs) totaling billions of won in the recent week as long-term US bond yields surged. According to KOSCOM ETF CHECK on the 4th, individual investors bought a net 4.09 billion won of the ACE US 30-Year Treasury Active ET
LucasBennett·09-04 13:57
Retail Investors Buy US Treasury ETFs as Yields Hit 18-Month High

Planet Labs Stocks Beat Q2 Estimates, Craig-Hallum Cuts Target 28.6%

Planet Labs delivered second-quarter revenue of $116.1 million, a 58% increase that exceeded Wall Street's estimate of approximately $104 million, while posting a surprise profit of $0.02 per share against consensus expectations of a $0.02-per-share loss. The Earth-imaging company's defense and
LucasBennett·09-04 13:38
Planet Labs Stocks Beat Q2 Estimates, Craig-Hallum Cuts Target 28.6%

Yen Strengthens to 155 Per Dollar in Two Days as BOJ Rate Hike Looms

The Japanese yen strengthened to the 155 yen per dollar range in two days, continuing its appreciation trend. As of the 4th, the yen traded at 155.3-156.4 per dollar in the Tokyo foreign exchange market, according to a Korea Economic Daily report. The currency had reached 155.3 yen intraday in the
JPN2250.23%
LucasBennett·09-04 13:15
Yen Strengthens to 155 Per Dollar in Two Days as BOJ Rate Hike Looms

Why does NFP data have such a big impact on the market? August NFP far exceeded expectations, boosting bets on a Fed rate hike.

At 20:30 Beijing time on September 4, the U.S. Bureau of Labor Statistics released the August NFP employment report. The data showed that U.S. seasonally adjusted nonfarm payrolls increased by 162,000 in August, the highest level since March and well above the market expectation of 56,000. The unemployment rate held steady at 4.1%, in line with expectations. Meanwhile, July’s figure was revised up from an initial decline of 23,000 to an increase of 21,000. This much stronger-than-expected employ
BTC0.17%
PAXG-0.18%
CME1.77%
CL0.04%
GateInstantTrends·09-04 13:09
Why does NFP data have such a big impact on the market? August NFP far exceeded expectations, boosting bets on a Fed rate hike.

BitGo Expands Singapore Office as APAC Clients Triple

BitGo Singapore opened a new office as the company reports growth in its Asia Pacific client base and Singapore trading operations. Regional client numbers have tripled and Singapore headcount has more than doubled since BitGo received its Major Payment Institution licence in August 2024. BitGo
EthanBrooks·09-04 12:53
BitGo Expands Singapore Office as APAC Clients Triple

Digital Asset Sellers Convert 148.5 Billion Won to Housing in South Korea

Digital asset sellers in South Korea converted 148.5 billion won into housing purchases between February 10 and July, according to data from the Ministry of Land, Infrastructure and Transport submitted to National Assembly member Kim Jong-yang's office. The figure represents the first
CryptoFrontier·09-04 12:50
Digital Asset Sellers Convert 148.5 Billion Won to Housing in South Korea