Gate Insights and Crypto Market Analysis

SK Group's corporate valuation discount factors are being alleviated following multiple developments. SK announced the sale of 47.32 million SK Siltron shares to Doosan for 2.3 trillion won, while reporting Q2 2024 consolidated revenue of 42.1247 trillion won and operating profit of 4.8412 trillion

Ripple announced a strategic partnership with Jeonbuk Bank, a regional bank under JB Financial Group in South Korea, to use Ripple Payments infrastructure for cross-border commercial payments. The partnership aims to provide faster payment services to corporate clients including import-export

Bitcoin reached $65,000 on Tuesday, triggering $56 million in short liquidations as bearish traders faced steep losses, according to Coinglass data. The cryptocurrency delivered a 2% weekly gain despite ongoing geopolitical tensions in the Middle East following the expiration of the 60-day

Interstice Digital launched a cross-chain swap engine with FalconX on Tuesday connecting the Canton Network with Ethereum, Solana and Robinhood Chain. The non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users' b

Canaan Inc., the Nasdaq-listed Bitcoin mining hardware manufacturer, added a net 2 BTC to its treasury in July 2026, bringing total holdings to 1,917 BTC. The company mined 46 BTC during the month but retained only 2 BTC net, with the gap attributed to operational costs and strategic sell-offs. Cana

The US Treasury Department's Office of Foreign Assets Control sanctioned Bluwaves Properties Limited on August 18, 2026, a British Virgin Islands-registered company with ties to Venezuela's oil industry. Bluwaves previously held a minority stake in North American Blue Energy Partners, Venezuela's se

Federal prosecutors in the Southern District of New York filed an opposition on Friday to former Celsius CEO Alex Mashinsky's petition to vacate his fraud conviction and 12-year prison sentence. Mashinsky, who is representing himself after informing the court in May that he would proceed pro se,

The US Securities and Exchange Commission canceled a Friday meeting where it planned to discuss a new regulatory framework for initial public offerings of crypto assets, dubbed 'Regulation Crypto Assets.' American journalist Eleanor Terrett announced the cancellation, stating the SEC's official

The FBI's 2025 Internet Crime Report documented 181,565 cryptocurrency complaints totaling more than $11 billion in losses from American victims. Investment fraud accounted for nearly 49% of all scam-related losses reported to the bureau. Fraudulent crypto websites now use professionally designed in

Patrick Witt, the White House's top cryptocurrency adviser, expressed optimism about the Clarity Act on Tuesday at the annual SALT conference in Wyoming, despite renewed disputes over stablecoin rewards. Witt said he remains bullish ahead of the scheduled Senate cloture vote on Sept. 15, as

Block released Berd, a desktop application for AI agent management, on GitHub under the Apache 2.0 license. The app provides a single interface for managing AI agents, files, skills, and sessions, originally built for Block's internal teams. Berd connects to Block's Goose AI agent framework, which l

Korean companies issued 7.35 trillion won in convertible bonds (CBs) this year to date, marking a 155% increase compared to the same period last year, according to data from BondWeb on August 18. The surge in mezzanine financing comes as rising corporate bond rates have increased borrowing costs,

Foreign investors net purchased 8.156 trillion won in Korean stocks over five consecutive trading days from August 11 to August 18, driving the KOSPI index upward. During this period, the KOSPI rose over 500 points from the 6300 level to close at the 6800 level on August 18, according to Korea

Protect Progress PAC, an affiliate of Fairshake funded primarily by Coinbase and Ripple Labs, spent more than $2 million on media opposing Democratic candidate Oliver Gilbert in Florida's 24th congressional district, according to Federal Election Commission records as of Tuesday. No candidate in

Diesel fuel prices in the US surged 54% from January to mid-August, climbing from $3.53 per gallon to $5.454 per gallon. The spike is driven by the ongoing conflict in Iran affecting the Strait of Hormuz, which carries an estimated 20% of global oil traffic, combined with refinery disruptions in

Wyoming's Frontier Stable Token (FRNT), the first fiat-backed stablecoin issued by a US public entity, is reportedly migrating its cross-chain infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) as of August 18, 2026. The migration follows a security review of t

The tokenized fund market added approximately $2.7 billion in market capitalization over the past 90 days, driven primarily by JPMorgan's government money market fund and Ondo Finance's yield-bearing note. The growth pushed total distributed value of tokenized assets to approximately $38 billion as

Ana Kasparian highlighted U.S. challenges in its conflict with Iran, noting depleted missile-interceptor stocks and Iran's Strait of Hormuz leverage. The conflict began in February 2026 and has seen intermittent ceasefires but remains unresolved, with both nations engaging in military posturing

Mexico implemented tariff increases on selected Chinese products at the start of 2026, following Senate approval of measures proposed by President Claudia Sheinbaum in September 2025. The tariff overhaul covers approximately 1,463 tariff lines—about 12% of Mexico's tariff schedule—with rates