Gate Insights and Crypto Market Analysis

South Korean banks issued 91-day certificates of deposit at 2.91% on July 20, showing minimal response to the Bank of Korea's 25 basis point base rate increase to 2.75% announced last week. Kookmin Bank issued 200 billion won and Hana Bank issued 315 billion won at the same rate, according to data f

The Russian State Duma (State Duma) is expected to conduct the second and third readings of the bill “On Digital Currency and Digital Rights” numbered No. 1194918-8 at 21 July local time; if passed, the bill’s key provisions will take effect on September 1. The bill will provide a legal basis for settling cross-border crypto trade, with an annual limit for non-qualified investors to buy cryptocurrency through a single intermediary of 300,000 rubles. Russia’s Duma enters final review, with key pr

National Pension Service fund management staff received performance bonus payments totaling 45.65 billion won for last year, including deferred amounts, according to financial industry sources. The payment significantly exceeded the original budget of 26.506 billion won by approximately 1.7 times, d

According to Bitcoin.com News, on July 19, the official website of Kenyan President William Ruto was hacked on July 18. The homepage was replaced with a derogatory, insulting message targeting President Ruto. The attackers also issued a deadline ultimatum, demanding that the Kenyan government pay a $5 BTC ransom by that evening, or else they would release confidential information publicly. July 18 Attack Timeline: Breach of Homepage, 5 BTC Ultimatum According to Bitcoin.com News, the attack took

Bitcoin (BTC) is decoupling from U.S. tech stocks and continues to rise, temporarily around $65,500 as of July 21. U.S. President Trump did not sign the ethics provisions, and negotiations on the CLARITY Act have hit a stalemate. Grayscale has filed a registration statement for a Grayscale Worldcoin ETF with the U.S. Securities and Exchange Commission (SEC). Macro Events & Crypto Market Hotspots 1、According to The Block, last week, Sichuan普 President and Republican senators Bernie Moreno and Cyn

South Korea's Financial Supervisory Service has not yet confirmed the schedule for its comprehensive inspection of KB Financial Group, despite earlier announcements targeting the second half of this year. The FSS entered a three-week inspection suspension period from the previous day until next

LX International's operating profit for Q2 is forecast to more than double compared to the same period last year, driven by rising coal prices in its core business. According to the average forecast from six securities firms compiled by Yonhap Infomax on the 21st, LX International's Q2 operating pro

Korean securities firms have experienced a sharp decline in analyst headcount, dropping from 1,575 in 2010 to approximately 1,000 in recent years, while individual workload surged from 15 reports annually to over 20. The exodus stems from stagnant compensation and the reclassification of research ce

Samyang Foods and Nongshim are forecast to achieve earnings surprises in Q2 2026, according to securities firm analyses compiled on May 21. Both Korean instant noodle manufacturers are expected to exceed market expectations due to overseas sales expansion and favorable exchange rate effects.

Julia Herman, global market strategist at New York Life Investments, forecasted on the 20th (local time) via Business Insider that 'chipflation' — surging prices for AI-related logic and memory chips — will become the next major challenge testing the AI investment market. Herman stated that

Metaplanet’s subsidiary, Bitcoin Japan, announced on July 17 that it has approved a convertible bond transaction with the EVO Fund. It plans to raise 9.66 billion yen (about $59.5 million) and intends to make its first bitcoin purchase with more than 662 million yen (about $4 million). Its parent company, Metaplanet, is a Japan-listed public company. Bitcoin Japan Funding Deal: EVO Fund Convertible Bonds and First Bitcoin Purchase Plan Bitcoin Japan is a publicly traded company headquartered in

South Korean bond markets maintained a cautious stance on July 21, closely monitoring Middle East-related headlines as Houthi rebels declared a maritime blockade against Saudi Arabia. The market weakness centered on short- to medium-term bonds, driven by heightened inflation concerns and

Daol Investment & Securities issued 'buy' ratings for HD Hyundai Marine Engine and Hanwha Engine, citing first-half order intake that approached or exceeded each company's full-year 2024 totals. The brokerage attributed the surge to rising Chinese shipbuilding market share, which generated

Vietnam’s Deputy Prime Minister Nguyen Van Thang signed Decree No. 284/2026/ND-CP on July 16, establishing administrative penalties for illegal crypto-asset activities. The decree takes effect on Sept. 1 and applies during Vietnam’s five-year cryptocurrency market pilot program. Individual investors who use platforms not licensed by the Ministry of Finance will face fines of 30 million to 50 million Vietnamese dong (about $1,140 to $1,900). Full Fine Structure Under Vietnam’s Decree No. 284/2026

HMM is forecast to achieve its highest quarterly performance in five quarters during Q2 2026, with operating profit expected to reach 417.4 billion won, according to a consensus survey of five major securities firms conducted by Yonhap Infomax on the 21st. The shipping company's Q2 revenue is

DSRV, a blockchain infrastructure company, signed a staking infrastructure supply contract with SBI VC Trade, a digital asset exchange under Japan's SBI Group, on the 21st. The partnership enables DSRV to support SBI VC Trade's staking service operations. Japan maintains strict regulatory

Bitcoin (BTC) rose to around $65,510 on July 21, while tech stocks faced simultaneous pressure. Kobeissi Letter, citing data from Goldman Sachs, said that over the past 8 weeks, hedge funds sold tech stocks in 6 of those weeks, pushing total net selling over the past 8 weeks to at least the highest level in 10 years. An Iranian ballistic missile hit U.S. military residential facilities at the Muwaffaq Salti Airbase in Jordan, killing 2 U.S. personnel. Bitcoin repeatedly holds the $65,000 key thr

Korea Investment Corporation (KIC), managing assets under management (AUM) of $243.2 billion as of June, will receive a new strategic investment account to enable domestic corporate investments. The government recently announced this mandate shift, marking the first domestic investment pathway

The US government is considering restrictions on Chinese AI models, potentially including a de facto ban, according to an Axios report published Monday. The deliberations follow the release of Kimi K3, an open-source model by Chinese company Dark Side of the Moon (月之暗面) on Thursday, which