Gate Insights and Crypto Market Analysis

Kim Ki-wan, a private banker at Korea Investment & Securities, won the 2025 Hankyung Star Wars competition with a 53% return but underperformed the KOSPI index in the first half of this year. His top performer was SK Hynix. Kim attributed the underperformance to misjudging large-cap rally

Vanadi Coffee, a Spanish coffee franchise that pivoted to a bitcoin treasury strategy, faces shareholder revolt over board member fees on bitcoin purchases. Vallecid, a Canarian conglomerate owning nearly 10% of Vanadi Coffee, demanded dissolution of the current board due to fees reaching up to 5% o

Hong Kong stocks face an unprecedented wave of lock-up share expirations as multiple IPOs from the past year reach their restriction periods, with brokerages warning of intensified selling pressure on the already struggling market. Morgan Stanley identified July and September as peak months for

The ECB announced on the 6th that its T2 payment system experienced a temporary disruption but has returned to normal operations. The outage occurred during a non-optional maintenance period, delaying the opening of settlement windows for the euro (EUR) and Danish krone (DKK). T2 serves as core paym

In its semi-annual report submitted to the Federal Communications Commission (FCC) in July, SpaceX confirmed that it deorbited 260 Starlink satellites between December 2025 and May 2026. The FCC has proposed classifying space activities as "extra-territorial activities," arguing they should be exempt from the National Environmental Policy Act (NEPA). This proposal has not yet been approved and has sparked strong opposition from environmental groups. FCC Semi-Annual Report Data: 260 Deorbited, 34

Coinspect Security disclosed on July 6 that a wallet generation vulnerability named "Ill Bloom" is being actively exploited by attackers, rooted in an insecure pseudo-random number generator used in the recovery phrase generation process, resulting in lower-than-expected encryption strength of the mnemonic phrase, allowing attackers to control affected wallets and steal funds. The first known on-chain evidence of exploitation dates back to May 27, with total losses exceeding $5 million. Ill Bloo

South Korea's National Assembly Finance Committee Chairman Yoo Dong-soo stated on the 6th that virtual asset legislation must be addressed as a priority issue. During the committee's full meeting, Yoo declared that the Digital Asset Basic Act and related regulatory matters require deep examination a

Bitcoin miners held 1,802,814 BTC as of July 5 at 2 PM, while the network's hashrate fell to a two-week low of 933,560,256 TH/s on the same date, according to data from CryptoQuant and Blockchain.com. The hashrate decline of approximately 65,651,082 TH/s week-over-week marked the lowest level

Ornn announces the completion of a $33 million seed round led by a16z Crypto. OCPI forms price benchmarks based on executed or settled transactions, covering H100, A100, H200, B200, and RTX series GPUs, standardized by hardware, region, and contract duration. It will be available on Bloomberg Terminal in April. a16z Crypto Leads $33 Million Seed Round, Eight Institutions Co-Invest According to Ornn's official announcement, the investors in this $33 million seed round are as follows: Lead: a16z C

Micron Technology (MU) stock has nearly quadrupled year-to-date, becoming one of the most standout semiconductor stocks in the AI memory boom. The Financial Times reported on July 4 that Apple is lobbying the White House to approve procurement of chips from Chinese memory manufacturer ChangXin Memory Technologies (CXMT), and the same week Apple announced a comprehensive price increase for Mac, iPad, iPhone, and Vision Pro, citing an unprecedented shortage of memory and storage devices. Apple Lob

Citigroup cut its target price for MiniMax (stock code 00100) by 60%, from HKD 1,330 to HKD 533, while maintaining a 'Buy' rating. The downgrade reflects the pricing controversy and subdued market response surrounding the company's M3 model released in early June. Citigroup cited negative

The Hong Kong Securities and Futures Professionals Association (HKSFPA) stated on July 6 that after a meeting with regulatory representatives including Joseph Chan, Under Secretary for Financial Services and the Treasury, and Keith Yip, Executive Director of the Intermediaries Division of the Securities and Futures Commission (SFC), the SFC pledged to advance the separation of the "Certified Virtual Asset Professional" (CVAP) examination and its course, optimize study materials, and lower examin

Deribit and Signalplus launched a 600,000 USDC trading competition called 'The Island' running from July 6 at 08:00 UTC to August 10 at 23:59 UTC, 2026. Coinbase, which acquired Deribit for 2.9 billion dollars in August 2025, backs the five-week contest that offers a private island as the headline p

Japanese investment bank MUFG forecasts the Korean won will show gradual strength in the second half of the year, with the dollar-won exchange rate projected at 1,520 won in Q3 and 1,500 won in Q4. The forecast is driven by semiconductor-centered economic growth and anticipated Bank of Korea rate

Nvidia's Kyber rack-scale architecture, designed to house its 2027 Rubin Ultra chips, has been delayed by more than 12 months to 2028, according to research firm SemiAnalysis in a post on Monday. The setback stems from difficulties manufacturing a key circuit board at the heart of the system,

US stock futures climbed late Sunday after the Independence Day break, with Nasdaq 100 futures jumping 1.33%, S&P 500 futures rising 0.53%, and Dow futures up 0.15% at 8:11 PM EDT. The gains extended the previous week's rally as investors await the Federal Reserve's June meeting minutes due

Sellas Life Sciences (SLS) stock extended its three-week winning streak after MassMutual disclosed a 24-share position as of June 30. MassMutual Private Wealth & Trust reported the stake, valued at $354.24, on July 2 ahead of Sellas' Phase 3 Regal trial readout for acute myeloid leukemia (AML).

IREN Ltd. shares rose nearly 5% in overnight trading on Sunday following a report that Anthropic privately tendered for $15 billion in cloud capacity in Australia, a development positioning the neocloud company as a potential contractor for the AI startup. The Australian Financial Review reported th

Berkshire Hathaway founder Warren Buffett's most frequently cited stock market valuation indicator has exceeded 233%, hitting an all-time high, far surpassing the 200% "playing with fire" warning threshold he set in a 2001 Fortune magazine article. In an interview with CNBC at the Berkshire annual meeting in May, Buffett issued an 11-word warning, saying he has never seen people as keen on gambling as they are now. Buffett's 11-Word Warning: Stock Market Casino Analogy and Context of the 2026 Sh