Gate Insights and Crypto Market Analysis

KB Kookmin Bank released analysis on September 1 showing the USD-KRW exchange rate is not excessively low compared to fundamentals despite reaching new yearly lows. The bank's 'September Global Economy and Financial Market Outlook' report estimated the fair exchange rate for August at 1,405 won,

South Korean Minister of Trade, Industry and Energy Kim Jung-kwan will visit the United States from September 1 to 4 (local time) to attend the G20 Innovation Ministerial Meeting, an investment announcement ceremony, and the Hyundai-POSCO Louisiana Steel Mill groundbreaking ceremony. The visit

Bitwise Asset Management announced on Aug. 31 that its XRP exchange-traded fund crossed $500 million in assets under management nine months after launch. The fund's official data showed approximately $502.7 million in net assets as of Aug. 27, alongside nearly 364.8 million XRP valued at

Solana broke a 10-month downtrend in August after the cryptocurrency reclaimed the $100 level, finishing the month up roughly 46% according to CoinGecko market data. The rally reversed a prolonged period of weakness and positioned SOL as one of the stronger large-cap assets in the recent market

Mirae Asset Securities appointed 15 CEOs over the past 20 years, the highest number among South Korea's top 20 securities firms by equity capital, according to data from the Financial Supervisory Service's electronic disclosure system. In October 2023, the founding generation—former Chairman Choi

Kim Yong-beom resigned as South Korea's Presidential Policy Office Chief on May 31, with President Lee Jae-myung accepting the resignation on June 1, one day after a cabinet reshuffle that retained Kim in his position. The resignation followed the replacement of Finance Minister Koo Yoon-chul and

Hyundai Motor Securities announced on the 1st an organizational restructuring of its investment banking division to strengthen business competitiveness. The restructuring splits the existing IB organization into two specialized divisions: the Structured Finance

President Lee Jae-myung announced at a cabinet meeting on September 1 at the Blue House that South Korea's economic growth rate is on track to exceed 3% this year, driven by explosive export growth, while emphasizing that people's livelihoods remain difficult despite positive macroeconomic

Researchers debate whether single-stock leveraged exchange-traded funds (ETFs) amplify market volatility or serve as scapegoats for broader market movements. Princeton University researcher Yinhong Zhao recently published a paper on the arXiv platform titled 'Preying on Leveraged ETFs,' arguing

BIS senior economist Brian Hardy and University of Pennsylvania Wharton School professor Karen Lewis published research showing global pension funds are reducing bond holdings and shifting portfolios toward higher-yield, lower-liquidity, higher-risk assets. The researchers stated that the asset

Oxford Economics forecasts the Bank of Japan will raise interest rates faster and higher than previously expected, reaching 1.75% through hikes scheduled for this month, December, and April next year. The revision responds to yen weakness and rising inflation expectations. The institution raised

SK D&D set its first-phase rights offering price at 2260 won per share on May 28, and Korean stocks of the company surged to the upper price limit on June 1, the first ex-rights trading day. The Korea Exchange adjusted the base price to 2810 won to reflect share value dilution from the new

Samsung Electro-Mechanics announced on the 1st that it signed a 1.0722 trillion won multilayer ceramic capacitor (MLCC) supply contract with an unnamed global company. The contract, representing 9.5% of the company's recent revenue, marks Samsung Electro-Mechanics' largest MLCC supply agreement to d

Meritz Securities launched its MOUM financial platform on the 1st at an event held at Fairmont Ambassador Seoul in Yeouido. The platform integrates stock trading, investment information, artificial intelligence analysis, and global community features, developed over approximately 1 year and 6