Gate Insights and Crypto Market Analysis

President Donald Trump's latest deadline for Iran to reopen the Strait of Hormuz has expired without resolution, marking another in a series of ultimatums stretching back to March 21, 2026. The strait, which normally handles roughly one-fifth of the world's oil trade, has been effectively closed

The Federal Reserve reported on August 18 that US industrial production increased 0.1% in July, marking the second consecutive monthly gain. The increase was driven by higher output from manufacturing and utilities sectors. This follows an identical 0.1% gain in June, with total industrial productio

Kay Herr of JPMorgan suggested the U.S. Federal Reserve should increase interest rates quickly and move past the current phase of uncertainty, according to a Bloomberg Markets report. The effective federal funds rate currently stands between 3.50% and 3.75%, unchanged since July 2026. Herr's

Perplexity saw its India revenue climb roughly 60% among new users after its free promotional deal with Bharti Airtel expired on January 16, 2026, even as app downloads declined. The AI search company had partnered with Airtel to offer complimentary 12-month Perplexity Pro subscriptions to all 360 m

Heraeus precious metals analysts reported that gold prices remained steady to slightly higher last week, supported by recent US economic data despite reduced optimism around an Iran deal. The analysts noted in their latest update that weak US jobs data, CPI at 3.4%, and PPI at 4.7% came in at or

A Bitcoin wallet holding 8.54 BTC moved its coins for the first time on Aug. 16 after remaining dormant since June 13, 2011, when the address first received the funds. The wallet, identified by the address beginning in 1Emi, was monitored by Galaxy Research and

Everpure stock reached a fresh intraday record high in early morning trade on Tuesday after TD Cowen analyst Krish Sankar raised the price target to $170 from $100 and maintained a Buy rating. Sankar believes Oracle is the unnamed 'top five hyperscaler' behind Everpure's recently announced design

The Office of the Comptroller of the Currency gave preliminary approval Friday for World Liberty Trust Company (WLTC) to obtain a national trust bank charter. WLTC is an affiliate of the Trump family-backed World Liberty Financial, and DT Marks SC LLC, a corporate entity with ties to Trump's family,

Harmony announced on Aug. 17 that validators would implement a blockchain rollback to remove fraudulent state created by an attacker who exploited the network to forge trillions of ONE tokens. Validators will switch to replacement databases corresponding to shard 0 block 92,730,034 and shard 1 block

Toyota Finance opened applications Tuesday for a tokenized bond that retail investors can purchase directly through the Japanese carmaker's mobile payment app, Toyota Wallet. The one-year bond requires a minimum investment of 100,000 Japanese yen ($676) and eliminates the need for investors to open

The HSC Conference concluded in Ho Chi Minh City on August 15, 2026, bringing together financial institutions, policymakers, technology companies, and academic representatives to address blockchain infrastructure and digital asset adoption. Hosted by Mpost Media Group, the event featured more

The U.S. Treasury set January 18, 2027 as the expected effective date for the GENIUS Act, establishing a regulatory framework for payment stablecoins. Treasury Secretary Scott Bessent stated that President Donald Trump and Congress delivered the Act to establish clear rules for payment stablecoins,

Ethereum launched the Platåberget testnet as a temporary testing environment ahead of the network's planned Glamsterdam upgrade. The testnet is scheduled to transition to the Glamsterdam fork on Aug. 20, 2026, and will operate for several months to give developers, validators and infrastructure

SK Hynix ADR fell 5.57% to $161.83 in US pre-market trading as of 8:51 AM local time on August 18, pressured by surging Treasury yields. The decline was driven by concerns that rising bond rates increase discount rates used in corporate valuations and enhance the appeal of fixed-income assets over e

Varonis security researchers discovered a critical vulnerability in Microsoft 365 Copilot Enterprise that allowed attackers to exfiltrate user passwords and sensitive data without user confirmation. The researchers uncovered the flaw by questioning Copilot itself about its security guardrails,

Kraken launched a cashback U.S. debit card called the Krak Card. The card offers up to 2% cash or bitcoin back and allows customers to spend directly from more than 600 currencies and crypto assets. The move puts Kraken in more direct competition with payments and fintech platforms including Block's

Multiple securities firms raised their target prices for Nongshim following the company's Q2 earnings report, reflecting improved export performance. Financial data provider FnGuide reported Nongshim's consensus target price at 569,091 won on the 18th, up 4.80% from 543,000 won recorded on the 13th

Visa is seeking a settlement and over-the-counter partner holding cryptocurrency exchange licenses in the United States, Canada, the United Kingdom and Singapore. The chosen partner will handle settlement for the Open USD stablecoin project, an initiative backed by Stripe, Visa and Mastercard. The s

Super League Enterprise will be renamed Superplanet, Inc. and transformed into a Nasdaq-listed Bitcoin treasury platform majority-owned by Tokyo-listed Metaplanet, Inc. The transaction involves Metaplanet contributing 2,100 Bitcoin worth approximately $132.1 million plus $2.5 million in cash in

Klarna (NYSE: KLAR) reported Q2 results on Tuesday, August 18, delivering revenue of $1.042 billion, up 27% year over year and above its $960 million to $1 billion guidance, with net income of $9 million and earnings of $0.01 per share, reversing a $53 million loss from a year earlier. The stock