Gate Insights and Crypto Market Analysis

The Bank of Thailand is implementing new compliance checks on stablecoin transactions and gold bullion purchases to combat the country's shadow economy. Governor Vitai Ratanakorn declared that the bank established a system to flag USDT transactions and scrutinize large cash withdrawals, with

The USD-KRW exchange rate rose to 1,504.60 won in the Seoul foreign exchange market on the morning of the 13th at 11:02 AM, up 3.20 won from the previous trading day's close of 1,501.40 won. The increase followed global dollar flows as the exchange rate re-entered the 1,500 won range. Escalating

ING Bank analyzed policy rate levels at the Bank of Japan (BOJ) and Bank of Korea (BOK) on local time 10th, concluding both central banks face approximately 100 basis points of rate hike pressure. The Dutch bank's rate pressure model found current benchmark rates in both countries remain below appro

The Tema Space Innovators ETF (NASA) added 5.73 million shares across Intuitive Machines (LUNR), Rocket Lab (RKLB), and AST SpaceMobile (ASTS) during the quarter ended June 30, according to institutional ownership disclosures compiled by Quiver Quantitative, even as the fund slid toward its launch l

Japanese convenience store chain Lawson is launching a pilot to accept stablecoin payments at its Takanawa Gateway City location in Tokyo from early August, according to a Monday report from Nikkei. The trial will allow customers to pay with JPYC, a yen-denominated stablecoin, as part

Robinhood and Coinbase are accelerating the convergence of traditional finance and digital assets through super-app strategies that integrate stocks, ETFs, and cryptocurrencies. Robinhood announced its expansion strategy on May 1 (local time) at the 'The World is Flat' event in London, while Coinbas

Daesin Securities economist Lee Jung-hoon forecasts the USD-KRW exchange rate will move within a 1,460 to 1,560 won range by year-end as won weakness passes its short-term peak. The projection comes as dollar strength momentum slows in the second half and foreign investor selling conditions in

According to NetEase News, the Future Capital Investment Management Co., Ltd., founded by Li Lin, the founder of Huobi, is one of the main producers of Stephen Chow’s new movie “Kung Fu Women’s Football.” The specific amount of funding involved has not been publicly disclosed. The film premiered nationwide on July 11, starring Jiaxia Zhang, Dilraba, and Yixing Zhang. The entire film includes more than 1,200 groups of kung fu soccer special effects shots. “Kung Fu Women’s Football” production cos

Apple (蘋果) has officially filed a lawsuit with the U.S. Federal District Court for the District of California, accusing OpenAI of misappropriating trade secrets and breaching a contract. The complaint names current OpenAI Hardware Lead Tang Yew Tan and former Apple senior system electrical engineer Chang Liu. According to The New York Times, OpenAI has leaned toward postponing its IPO to 2027. Specific allegations against Tang Yew Tan: probing with confidential code names and downloading files w

Hong Kong stocks exhibited volatile intraday trading, with the Hang Seng Index opening down 17 points before reversing course to rise as much as 274 points, reaching a high of 24449 points. The index encountered selling pressure near the 24500 level and subsequently turned negative, falling as much

Claude’s official account announced on X on July 13 that the no-extra-charge usage period for Claude Fable 5 has been extended again by 7 days—pushing the end date from July 13 to July 19. This is the latest in a series of postponements of Claude’s switch to a usage-based pricing model due to tight compute capacity. Claude Official Announces: Fable 5’s No-Extra-Charge Usage Extended to July 19 According to an announcement from Claude’s official X account, as the original deadline of July 13 arri

A solo Bitcoin miner using a Bitaxe device claimed the full 3.1382 BTC reward from block 957382 on July 9, 2026 at approximately 03:30 UTC through Public Pool. The device ran at 995.2 GH/s for eight hours before submitting a winning share with difficulty of 294.14 trillion, beating the network

FIFA president Gianni Infantino announced on July 12 that FIFA-related committees will review the feasibility of expanding the tournament to 64 participating teams before the 2030 World Cup; the current 48-team format will make its debut at the 2026 World Cup in the U.S., Canada, and Mexico. The 2030 World Cup is being jointly hosted by Morocco, Portugal, and Spain, while Argentina, Paraguay, and Uruguay will host the centenary matches. Infantino Statement: FIFA Committees Will Review the Feasib

A recent study from the Centre for Alternative Finance at the University of Cambridge shows that after Ethereum completed The Merge on September 15, 2022, and transitioned to the PoS (proof-of-stake) consensus mechanism, its electricity demand dropped by more than 99.9% compared to the PoW (proof-of-work) mining era. Current annual power consumption is approximately 7.87 GWh; compared to the roughly 2.4 GW level before the transition, energy usage has decreased to a very small fraction of the or

Sellas Life Sciences and MoonLake Immunotherapeutics emerged as leading retail trader candidates for potential acquisition by Merck & Co. following the drugmaker's Friday FDA approval for its flagship cancer drug

SK Hynix confirmed it is positively reviewing Korean government bond (KTB) investment, a senior official told Yonhap Infomax on May 10 (local time) in Manhattan, triggering market attention in Seoul on July 13. The semiconductor giant's move follows an estimated 20 trillion won in credit

Armenian citizen Karen Serobovich Vardanyan pleaded guilty on July 8 in a federal court in Oregon, United States, to conspiracy and computer fraud. He admitted involvement in helping carry out Ryuk ransomware attacks, for which he received about 1,610 bitcoins, with a value at the time of payment of more than $15 million. Together, the two charges carry a maximum prison term of 15 years; the sentencing date is set for September 22. How Ryuk ransomware attacks work: Infiltrate corporate networks,

One River Asset Management Chief Investment Officer Eric Peters published a commentary article on July 13, citing the view of a US hedge fund CIO who founded a company in Asia. The CIO said that there is an AI shortage, and that the market penetration of such products in the global economy is still less than 10 basis points, adding: “We haven’t rolled out this technology at a scale sufficient to matter.” Anonymous CIO: AI global penetration is under 10 basis points Based on Eric Peters’s citatio

Blockchain infrastructure firm DSRV announced on the 13th the launch of joint research with Japan's SBI XDC Network APAC to enter the Japanese enterprise market. SBI XDC is a joint venture established by Japan's SBI Holdings and blockchain developer TradeFinex Tech, leading blockchain-based trade fi

Fast-fashion giant Shein Group Ltd. has obtained approval from Chinese regulators to conduct its first public offering (IPO) in Hong Kong, planning to sell up to 341.6 million H shares; however, an unconfirmed timeline for listing is still not available. In terms of valuation, Shein’s valuation four years ago had reached as high as $100 billion, but it has since fallen to about $30 billion, a drop of more than 70%. Key terms of Shein’s Hong Kong IPO: Chinese regulatory approval and an as-yet und