Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Korean Repo Funds Raise Hundreds of Billions Won Despite Rate Hikes

Korean financial institutions established repo funds worth hundreds of billions of won late last month and early this month, despite the Bank of Korea preparing interest rate hikes. The funds target 1.5-2 year corporate bonds, with 1.5-year AA- capital bond yields reaching 4.375% compared
LucasBennett·07-15 06:24
Korean Repo Funds Raise Hundreds of Billions Won Despite Rate Hikes

Korean Stocks Monami, Hansung Enterprise Surge Amid Delisting Concerns

Monami, Hansung Enterprise, and Enex—three Korean stocks facing delisting concerns—surged on the 15th as retail investors grouped them under a 'patriotic theme stock' narrative. At 2:50 PM, Monami traded at 3,445 won, up 795 won (30.00%), while Hansung Enterprise and Enex both hit daily price
LucasBennett·07-15 06:20
Korean Stocks Monami, Hansung Enterprise Surge Amid Delisting Concerns

Stripe and Advent Offer $53 Billion to Acquire PayPal Stocks

Payments giant Stripe and private equity firm Advent International submitted a joint proposal to acquire PayPal Holdings in a deal valued at more than $53 billion, according to people familiar with the matter. The consortium offered $60.50 per share earlier this month, representing a premium of
PYPL1.55%
LucasBennett·07-15 05:42
Stripe and Advent Offer $53 Billion to Acquire PayPal Stocks