Gate Insights and Crypto Market Analysis

U.S. President Donald Trump directly contacted Apple to request changing the name of Lake Ontario to 'America Lake' in its mapping service, Interior Secretary Doug Burgum confirmed on January 31. Burgum stated during an appearance on Fox Business's 'Mornings with Maria' that the President reached ou

Hut 8 Corp. (HUT) shares jumped nearly 5% in overnight trading late Monday following reports that the company will develop a data center site as part of a $35 billion cloud-computing deal between Anthropic and Nvidia Corp. (NVDA). The Wall Street Journal reported late Monday, citing people

South Korea's National Assembly Research Service proposed digital asset taxation as a key topic for the 2026 parliamentary audit in a report released on the 27th. The taxation, which has been postponed three times, is scheduled for implementation in 2027, with tax authorities planning to utilize the

Wallets linked to North Korean hacking group Lazarus sold over $30 million worth of Bitcoin through decentralized exchange Hyperliquid on the 31st local time, according to blockchain data firm Arkham cited by CoinDesk. The hackers converted Bitcoin sale proceeds into Ethereum and Solana, then

Hyperliquid Labs is negotiating with Payward to enter the US market through a regulated derivatives exchange partnership. Bloomberg reported on local time 1일 that the talks center on using Bitnomial, a US-regulated derivatives exchange owned by Payward, to offer perpetual futures trading linked to H

Pump fun sold 132,935 $SOL for $13.75 million in a recent transaction, as reported by influencer @lookonchain. This sale contributes to a larger pattern where Pump fun has offloaded 5,110,924 $SOL, totaling approximately $834.3 million. Solana is a blockchain platform recognized for fast transaction

On May 1st, foreign exchange dealers in Seoul's forex market forecast that the USD/KRW exchange rate may test the lower end of the 1,360 won range once more despite rebound pressures. Risk-off sentiment is expected to dominate the market following a resurgence of Middle East instability overnight, w

Goldman Sachs CEO David Solomon delivered optimistic predictions about artificial intelligence's economic impact at a G20 meeting in North Carolina on the 31st local time. In an interview with CNBC, Solomon stated that AI adoption by businesses and individuals would generate an 'extraordinary

POSCO Holdings, Hyundai Steel, and SeAH Besteel stocks rose on September 1st trading, with POSCO Holdings climbing 2.66% to 347,500 won, Hyundai Steel up 1.48% to 30,850 won, and SeAH Besteel gaining 1.71% to 41,700 won. The rally reflects growing expectations for earnings recovery in core steel

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