Gate Insights and Crypto Market Analysis

Youngpoong Group and MBK Partners issued a rebuttal on the 20th against proxy advisory firm Sustainbest's recommendation opposing their audit committee candidate at Korea Zinc, ahead of the shareholder meeting scheduled for next month 9th. Sustainbest recommended voting for management's candidate

Sixteen companies transferred from South Korea's KOSDAQ market to the KOSPI main board between July 2016 and June 2024, according to Hanwha Investment & Securities. Major firms including Celltrion, Kakao, L&F, and POSCO DX—all ranked within KOSDAQ's top five by market capitalization at the time of t

The CFTC Innovation Advisory Committee convenes for its first meeting on Aug. 20 from 1 p.m. to 4 p.m. Eastern Daylight Time, with an agenda covering crypto assets, artificial intelligence, and prediction markets. Chairman Michael S. Selig sponsors the committee, which holds 35 members including

Bybit launched the second phase of its RLUSD Hold & Earn program in partnership with Ripple, offering users up to 21.5% annual percentage rate on holdings of the RLUSD stablecoin. The program distributes daily rewards in both XRP and RLUSD without requiring staking commitments or lock-up periods. Th

Hong Kong stocks closed higher on Thursday (20th), with the Hang Seng Index rising 0.80% to 25,698.49 points, driven by strong gains in biotech and gold sectors. The rally was fueled by positive clinical trial results from US vaccine giant Moderna's mRNA cancer vaccine partnership with Merck,

Securitize President Brett Redfearn stated the Securities and Exchange Commission delayed a planned innovation exemption for tokenized securities that had been expected Aug. 14 because releasing it could have complicated efforts to secure votes for the Clarity Act. Redfearn attributed the delay to l

Bitcoin surged nearly 11% in the last 24 hours to over $71,600 on August 20, triggering approximately $3.3 billion in crypto liquidations and driving pre-market gains across digital asset stocks including Strategy

GSR Managing Director Andy Baehr discussed tokenization use cases at the Wyoming Blockchain Symposium 2026. Baehr told The Block's Kelvin Sparks that institutions posting collateral for futures or over-the-counter trades could deploy that collateral in short-term Treasuries through tokenization. GSR

Western Digital (NASDAQ: WDC) closed at $462.09 on 19 August 2026, down 6.87%, and traded at $468.04 in the pre-market at 05:51 AM EDT on 20 August. The stock is up 168% year to date and 509% over twelve months, yet has lost 41.5% of its value in nine weeks since peaking at $799.87 on 18 June. No an

26 Degrees has expanded the Japanese equity contracts for difference available to broker clients after engaging the Tokyo Stock Exchange for permission to redistribute derived equities data. The institutional prime services provider said the new package will be delivered through its application

South Korea's National Security Advisor Wi Sung-lac requested China's cooperation on North Korea's stepwise and practical denuclearization during high-level diplomatic talks on the 20th. The meeting with Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the

South Korean government bond yields showed mixed movements on August 20, with short-term yields rising while long-term yields fell in a flattening trend. The 3-year bond yield increased 1.3 basis points to 3.811 percent, while the 10-year yield declined 1.4 basis points to 4.323 percent and the 30-y

Alternative investment markets are experiencing AI concentration that erodes traditional diversification benefits. Capital is converging on AI opportunities across private equity, private credit, real estate, and infrastructure—asset classes historically valued for low correlation with stocks and

Sangsangin Securities forecasts the USD/KRW exchange rate could decline to 1,325 won over the next 12 months if Samsung Electronics and SK Hynix expand shareholder return programs to 300 trillion won. The projection reflects anticipated corporate dollar sales to finance dividend payments and share

Ferrum Capital owners Joshua Allen and Michael Cox were convicted on all four federal counts on 18 August following a weeklong trial in San Antonio. The US Attorney's Office for the Western District of Texas announced the verdict on 19 August. Allen and Cox operated a Ponzi scheme through four

Foreign investors executed a sector rotation strategy on the Korean stock market from August 3 to 19, net selling 2.7669 trillion won worth of KOSPI shares while shifting capital from semiconductor stocks into pharmaceuticals, beauty, and securities. The selling concentrated on SK Hynix (2.0948 tril

Korean ETF investors redirected capital toward broad market index products during the week of May 10-14, despite the semiconductor sector delivering the strongest performance gains. According to financial data provider FnGuide, the semiconductor industry rose 17.7% during this period, outpacing the

Korean penny stock companies are implementing stock consolidations to avoid delisting under new Korea Exchange rules requiring share prices above 1,000 won. As of the 19th, 42 stocks were designated for management monitoring, with 31 classified as penny stocks trading below 1,000 won. The

Metaplanet will inject 2,100 BTC, valued at approximately $132.1 million, and $2.5 million in cash into Nasdaq-listed Super League Enterprise under a definitive agreement, forming a new U.S. subsidiary called Superplanet Inc. The Japanese bitcoin treasury company will receive 44.86 million Super Lea

Chinese stock indices rose on the 20th, driven by a sharp rally in biotech stocks. The Shanghai Composite Index closed at 3,903.72, up 9.30 points or 0.24% from the previous session, rebounding after intraday weakness. The Shenzhen Composite Index gained 19.90 points or 0.79% to finish at 2,527.16,