Gate Insights and Crypto Market Analysis

KB Securities stated it is premature to conclude the bull market has ended following the sharp decline in the last week of July. Analyst Kim Min-gyu noted that if the current period marks the end of a bull run, it would be the first such cycle to conclude without interest rates surpassing previous p

Underdog's UDX prediction exchange recorded $1.2 million in notional trading volume on July 27, according to figures published on the exchange's market-data feed. The milestone came 10 days after UDX processed its first test trades July 17 and nine days after Underdog publicly announced the launch o

CNBC's Jim Cramer said on Wednesday that enterprise software stocks showed a remarkable resurgence this month after months of decline, demonstrating how quickly Wall Street sentiment can shift. The 'Mad Money' host stated that beaten-down AI infrastructure stocks could follow a similar recovery

FX brokers and crypto platforms are shifting their client acquisition strategy from volume-based metrics to quality-focused assessment, according to industry executives from GlobalBlock, Versus Trade, Just2Trade, One Touch Finance and Solitics. The traditional reliance on sign-ups, acquisition

Low Volatility ETFs in Korea generated positive returns during a sharp market downturn, with TIGER Low Vol recording a 7.38% gain over one month from June 26 to July 28, according to Korea Exchange data released on July 30. The performance contrasts sharply with the KOSPI index, which

Senator Cynthia Lummis' verified X account was compromised by hackers on Wednesday who posted a fake Solana meme coin called $USA Token before the fraudulent content disappeared within approximately five minutes. The Wyoming Republican serves as the Senate's leading advocate for the Digital Asset

Anthropic reported that its Mythos AI security model uncovered weaknesses in the mathematical problems underpinning two cryptographic algorithms. The findings revealed methods for reducing the computational work required to defeat these systems, though the company noted the outcomes are

Federal Reserve Chair Kevin Warsh emphasized on the 29th (local time) that significant market-driven interest rate increases have provided the Fed with comfort in achieving its policy goals. Speaking at a press conference following the Federal Open Market Committee (FOMC) meeting, Warsh noted that n

Turkish authorities blocked access to 47,493 illegal betting websites since Jan. 1 as part of a nationwide enforcement campaign targeting online operators and their payment networks, according to Anadolu Agency citing Interior Ministry sources. Police and gendarmerie units conducted 680

Hanmi Pharmaceutical reported second-quarter operating profit of 131.1 billion won on May 29, exceeding market consensus by 18%, but the company's stock fell 17.54% over two trading days, closing at 322,000 won. The earnings beat was driven by a one-time technology licensing fee of 112.7 billion won

Korean financial authorities raised the base deposit for single-stock leveraged products to 30 million won in cash effective from the 31st. The new rules also fully block the use of substitute securities and same-day sale proceeds for trading these instruments. The measures target extreme

Microsoft reported fiscal fourth-quarter earnings on Wednesday that exceeded analyst expectations, driven by strong Azure cloud revenue growth of 43% and total revenue reaching $90 billion, up 18% year-on-year. The beat was attributed to robust demand for cloud computing services, with Microsoft

Bank of Korea released its July corporate sentiment survey on the 30th, showing the all-industry Corporate Business Survey Index (CBSI) rose 0.8 points to 98.5 from the previous month. The manufacturing sector drove the overall improvement with a 2.0-point increase to 103.2, supported by gains in ne

Senator Cynthia Lummis of Wyoming criticized Democrats on Wednesday for delaying the Clarity Act, a bipartisan cryptocurrency regulatory bill. Speaking on the Senate floor, Lummis questioned why the legislation was stalling after nearly 11 months of negotiations in which Republicans accommodated Dem

Korean investment experts assessed the KOSPI index decline to the 5000 level on the 29th as approaching a market bottom, according to statements compiled by the Korea Economic Daily. Park Hyun-joo, Chairman of Mirae Asset Group, stated this represents the first buying opportunity this year for

Korean securities firms' IPO departments reported 27 new stock market listings in the first half of this year, according to the Korea Exchange and investment banking industry sources on July 29. The decline from 40 listings in the first half of last year and 53 in the first half of 2024 stems from r

Japan is facing the aftermath of a 7.1-magnitude earthquake that struck off the coast of Kyushu, triggering tsunami warnings along the coast. TSMC evacuated workers from its nearby plant as a precaution, while Sony and Fujifilm also evacuated employees from facilities in the area. The earthquake str

Shares of AT&T, Verizon, and T-Mobile fell on Wednesday following a Semafor report that SpaceX is seeking wireless spectrum suited for urban and densely populated areas. AT&T closed down around 3%, Verizon fell about 2%, and T-Mobile declined nearly 0.5%. The report cited people familiar with the ma

US stocks fell sharply on May 29 (local time), with the Dow Jones Industrial Average recording its largest single-day drop in 13 months. The Federal Reserve held interest rates steady for the fifth consecutive meeting but adopted a hawkish stance that drove long-term Treasury yields higher. The