Gate Insights and Crypto Market Analysis

Argentinians continue to increase their use of the Lemon Wallet for stablecoin transactions despite the country's inflation rate dropping from 25.5% to 2.1%, according to a recent observation by a16z crypto. The persistent rise in wallet downloads suggests users are seeking stable financial tools

Thirty-nine Korean insurance companies recorded a combined K-ICS solvency ratio of 215.2% in the second quarter, down 1 percentage point from 216.2% in the first quarter, according to insurance industry data released on September 1. The decline occurred despite rising market interest rates, as

Lotte Rental is launching its first public dollar bond offering, with bookbuilding scheduled for this month. The South Korean car rental company announced yesterday it selected Citigroup Global Markets, Credit Agricole, HSBC, and Mizuho Securities as lead underwriters for the Eurobond (RegS)

The U.S. Court of Appeals for the Ninth Circuit ruled 3-0 on Aug. 28 that Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, dissolving an injunction that had allowed the exchange to offer the contracts in Nevada. The panel concluded the contracts constitute gambling

DB Securities raised its target price for Samsung Electro-Mechanics stocks to 2 million won from 1.5 million won, maintaining a 'buy' rating, as the company's multi-layer ceramic capacitor (MLCC) and flip-chip ball grid array (FC-BGA) businesses experience significant price

Korean financial holding companies will implement K-IFRS No. 1118 (IFRS18) starting January next year, changing how operating profit is calculated. Non-recurring expenses currently treated as non-operating items, including regulatory fines and donations, will be reclassified into the operating

PG&E stocks plunged 20% after the California legislature blocked a proposal that would have limited the utility company's liability for wildfires caused by electrical infrastructure. According to CNBC on the previous trading day, PG&E shares closed at $13.27, down $3.33 (20.06%) from the prior

KB Asset Management launched the RISE Global AI NAND Memory Semiconductor ETF on the 1st, marking South Korea's first exchange-traded fund focused on the global NAND memory value chain. The launch targets growing demand for

South Korea's top 10 savings banks by assets posted combined net profit of 289.8 billion won in Q2, a 2.8-fold increase from the same period last year, according to financial sector data released September 1. OK Savings Bank recorded 147 billion won in profit but breached the 100% loan-to-deposit

SK On signed a 9-gigawatt-hour (GWh) lithium iron phosphate (LFP) battery cell supply contract with US energy storage system company Neovolta Power, the company announced on August 31. Industry sources estimate the contract value at approximately 1.5 trillion won. The batteries will be produced at S

South Korea's three largest department store operators—Shinsegae, Lotte Shopping, and Hyundai Department Store—are confronting uncertainty over exchange rate fluctuations that threaten the revenue foundation established in the first half of this year. The dollar-won exchange rate fell 3.90 won to

Korea's National Participation Growth Fund second-phase launch has been delayed beyond its original August timeline as the KOSDAQ market declined approximately 25% from first-phase levels. The fund manager selection process, which began with proposal submissions on July 20, has not yet announced

Robinhood Chain recorded $875 million in decentralized exchange volume on Aug. 30, according to Wu Blockchain Data Center. The surge was driven by tokenized stock trading, with Uniswap v4 accounting for $432 million of the total. The network processed 5.52 million transactions during the day, both v