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.

Bitcoin briefly broke through $64,000, with 106,000 people liquidated across the crypto market, totaling $418 million.

On July 8, Bitcoin briefly broke through the $64,000 mark, then slightly retreated, currently at $63,634. According to CoinGlass data, total liquidations across the network over the past 24 hours reached $418.02 million, with over 106,000 people forced to liquidate. Meanwhile, the U.S. Central Command announced a series of "powerful strikes" against Iran, claiming it was a response to Iran's attack on three merchant ships passing through the Strait of Hormuz. CoinGlass Liquidation Data: $418 Mil
BTC-0.26%
ETH-0.22%
MarketWhisper·07-08 01:01
加密貨幣全網10.6萬人爆倉4.18億美元

South Korea FTC Imposes Record 747.5 Billion Won Fine on Starch Cartel

South Korea's Fair Trade Commission imposed a record fine of 747.5 billion won on four starch and starch syrup manufacturers for price-fixing. The decision announced the previous day targets Daesang, Sajo CPK, Samyang, and CJ CheilJedang for a cartel that operated for 7 years and 5 months. The fine
Daesang-0.16%
CJ1.31%
CryptoFrontier·07-08 00:59
South Korea FTC Imposes Record 747.5 Billion Won Fine on Starch Cartel

Korean Banks Expand Regional Finance Hubs for 1,600 Trillion Won Mega-Projects

Korean banks are significantly expanding their regional corporate finance operations following the government's announcement of three mega-projects totaling 1,600 trillion won. Major commercial banks are establishing specialized regional hubs and strengthening lending capabilities in local areas, an
CryptoFrontier·07-08 00:46
Korean Banks Expand Regional Finance Hubs for 1,600 Trillion Won Mega-Projects

Savings Banks Face Losses from Homeplus Real Estate Fund Exposure

South Korean savings banks face potential losses from real estate funds and REITs tied to Homeplus leased stores following the termination of the retailer's corporate rehabilitation procedure, according to financial industry sources on the 8th. The Financial Supervisory Service will hold a meeting o
CryptoFrontier·07-08 00:46
Savings Banks Face Losses from Homeplus Real Estate Fund Exposure

Korea Exchange Launches After-Market ETF Trading on September 14

Korea Exchange is launching after-market ETF trading on September 14, marking South Korea's first extension of ETF trading hours beyond regular sessions. Asset managers submitted participation requests last week following the exchange's second demand survey, with firms applying to list between 10 an
LucasBennett·07-08 00:32
Korea Exchange Launches After-Market ETF Trading on September 14

MBK Partners and Meritz Clash Over Homeplus Guarantee Dispute

MBK Partners and Meritz Financial Group are locked in a dispute over Homeplus's rehabilitation procedure collapse, with conflicting claims on MBK Chairman Kim Byung-joo's personal guarantee status and asset capacity. The court has set a deadline of under 2 weeks for resolution. The dispute centers o
CryptoFrontier·07-08 00:32
MBK Partners and Meritz Clash Over Homeplus Guarantee Dispute

Daewoo E&C Completes $440M Iraq Highway Linking Al Faw Port to Umm Qasr

Daewoo E&C announced on the 8th that it completed construction of a highway connecting Iraq's Al Faw Grand Port to Umm Qasr, receiving completion approval from the Iraqi Ports Authority at the end of last month. The $440 million design-build project ran from August 2021 to May 2025, followed by a on
CryptoFrontier·07-08 00:31
Daewoo E&C Completes $440M Iraq Highway Linking Al Faw Port to Umm Qasr

Korean Securities Firms Acquire Crypto Exchange Stakes as Coinone Lands 160 Billion Won Deal

Korean securities firms are actively acquiring stakes in cryptocurrency exchanges, with discussions between Bithumb and Kiwoom Securities bringing all five major Korean won-based exchanges into equity relationships with securities firms or overseas crypto exchanges. Coinone recently secured 160
EthanBrooks·07-08 00:25
Korean Securities Firms Acquire Crypto Exchange Stakes as Coinone Lands 160 Billion Won Deal

Paradise Casino June Revenue Falls 21.2% as Hold Rate Drops to 9.0%

Paradise casino reported June revenue of 632 billion won, down 21.2% from the prior year, as the hold rate declined to 9.0% from 13.0% in the same period last year. The company attributed the revenue decrease partly to the lower hold rate, which measures the percentage of chip purchases retained
Paradise-0.72%
CryptoFrontier·07-08 00:04
Paradise Casino June Revenue Falls 21.2% as Hold Rate Drops to 9.0%