Gate Insights and Crypto Market Analysis

X officially released a fully rebuilt Android app on July 21; X product lead Nikita Bier said the rebuild took about a year and is one of the largest engineering projects the company has ever undertaken. X engineering said the new app abandons the approach of patching the old codebase and instead builds a brand-new codebase using Kotlin and Jetpack Compose. Technical choices for X’s Android rebuild project X’s engineering team said this rebuild did not patch the old codebase. Instead, it chose t

Meritz Securities forecasts the Bank of Korea will make its next interest rate adjustment in October, stating the current rate hike cycle operates in a different environment compared to past consecutive rate increase periods. Analyst Lee Seung-hoon noted in a report on the 21st that while the

Samchundang Pharmaceutical and Kolon TissueGene led a sharp decline in pharmaceutical and biotech stocks on the KOSDAQ market, with Samchundang falling 27.41% to 173,500 won and Kolon TissueGene dropping 29.90% to 42,900 won as of 10:41 AM. The decline followed negative clinical trial

Meritz Securities forecast the Bank of Korea's next interest rate adjustment will occur in October, stating the current rate hike cycle operates under different conditions than past consecutive increase periods. Analyst Lee Seung-hoon noted in a report released on the 21st that while the economy

The KOSDAQ index hit a 52-week low on July 21, falling to the 730 range during intraday trading despite consecutive government support policies aimed at revitalizing the market. The previous day's closing level fell below the index level recorded on Lee Jae-myung's presidential inauguration day.

According to a report by people familiar with the matter cited by The Information on July 20, Google is developing a new server chip codenamed “Frozen v2,” aiming to significantly improve the operational efficiency of its Gemini series AI models. After the news broke, Alphabet shares briefly rose by about 3% intraday on July 20, closing up 1.52% at $351.37. Frozen v2 Technical Specifications: 6 to 10 Times Efficiency, Earliest Deployment in 2028 Per people familiar with the matter cited by The I

Citing sources from Hong Kong’s Sing Tao, the development of Anchorpoint, the fintech unit led by Standard Chartered Bank (Hong Kong), is expected to officially announce the launch of HKDAP, a Hong Kong dollar–pegged stablecoin, as early as the end of July 2026. An Anchorpoint spokesperson told Sing Tao that it is progressing with preparations to issue HKDAP in stages according to plan and will share the latest updates in due course. HKDAP basic framework: HKD 1:1 reserve backing HKDAP’s design

The European Commission announced on July 20 that AliExpress (AliExpress), the cross-border e-commerce platform operated by Alibaba (09988-HK), was hit with a heavy fine of €550 million (about $629 million) for violating the Digital Services Act (DSA) rules on content moderation and consumer safety. It is the largest fine ever issued by the EU against a major online platform since the DSA was fully implemented. EU DSA Ruling: €550 Million Surpasses X and Temu According to a July 20, 2026 Europea

Web3 projects are expanding from NFTs into the trading card game (TCG) market by integrating physical cards, digital assets, grading services, and secondary markets into unified ecosystems. Pudgy Penguins partnered with Asian TCG brand Kakawow in June to launch Phantom Pudgy Penguins Trading Cards

The Securities and Exchange Commission filed partially settled charges against Florida resident Zan Shaikh and his company Mining Automatic for allegedly defrauding investors in a crypto mining scheme. According to a Monday statement, the SEC accuses Shaikh and Mining Automatic of raising

Top-performing investors at Mirae Asset Securities bought SK Hynix and sold Samsung Electronics on the morning of July 21. The top 1% of investors by recent one-month returns purchased SK Hynix most heavily, with the stock trading at 1,817,000 won, up 3.00%, while Samsung Electronics was the most ne

The Hang Seng Index faced profit-taking pressure during today's morning session as of 10:45 AM, declining 41 points or 0.17% to 25,101 after opening 7 points higher at 25,150. The pullback followed the previous day's 580-point rally that reclaimed the 50-day moving average at 24,714 and the 25,000 l

AGNC investment company stock is up about 4.7% year-to-date, lower than the S&P 500’s 8.9% gain over the same period. The company reported its second-quarter earnings on July 21: earnings per share (EPS) came in at $0.40, beating the Zacks consensus estimate of $0.38. Revenue for the Q2 2026 period was $305 million, down 16.31% from the Zacks consensus estimate. AGNC Q2 2026 EPS: $0.40 per share beats expectations AGNC investment company reported Q2 2026 earnings of $0.40 per share, above the Za

The Bank of Korea expressed concerns about potential wage-driven inflation stemming from semiconductor industry bonuses, though experts note that similar wage surges in the past did not trigger inflation without accompanying economic growth and supply shocks. The central bank identified three key ri

Robert Kiyosaki outlined a hypothetical financial restart strategy during a July 18 episode of The Rich Dad Radio Show, stating he would not invest any of a $10,000 starting sum if he lost everything at age 79. The Rich Dad Poor Dad author explained he would instead allocate the entire amount to fin

AMD is scheduled to hold the AMD Advancing AI 2026 conference in San Francisco on July 22, releasing its next-generation AI accelerator Instinct MI450. Each GPU comes with 432GB of HBM4 memory—about 150GB more than NVIDIA’s next-gen GPU “Rubin”—and it has become a key backdrop for this wave of expanded HBM4 orders from Samsung Electronics and SK hynix. AMD Advancing AI conference: MI450 432GB HBM4 specs released Based on disclosures from industry insiders on July 21, 2026, AMD is expected to unv

The US Depository Trust & Clearing Corporation (DTCC) conducted a pilot transaction on May 15 (local time) converting stocks and US Treasuries held at its subsidiary depository DTC into digital tokens for actual financial transactions. Over 30 traditional financial institutions and digital asset

Japanese semiconductor company Kioxia saw its stock price close at 52,110 yen on May 17, falling to half the all-time high reached one month prior, according to Bloomberg. Trading resumed at the 56,000-57,000 yen range after the May 20 public holiday. The decline stemmed from concerns over AI

BlackRock's iShares MSCI South Korea ETF (ticker: EWY) received a record $2.8 billion in net inflows last week, according to Bloomberg. The weekly total—driven by $800 million on the 14th and $1.1 billion on the 15th—more than doubled the previous record of $1.2 billion set in February. Malcolm

Tether Gold (XAUT), the gold token of Tether—the world’s largest stablecoin issuer—has officially been recognized by the Abu Dhabi Global Market (ADGM) as an “Accepted Spot Commodity.” This means that financial institutions holding regulatory approvals in ADGM can legally offer services involving XAUT. According to DefiLlama data, Tether Gold’s total value locked (TVL) has reached $2.86 billion. ADGM Certification Details: XAUT’s “Accepted Spot Commodity” Status The Abu Dhabi Global Market (ADGM