Gate Insights and Crypto Market Analysis

Billionaire Bill Ackman and Ryan Israel, Chief Investment Officer of Pershing Square Capital Management, announced in the Q2 letter to shareholders on August 13 that PSI had begun preparing the Pershing Square Ventures Ltd. fund. The fund is an evergreen permanent-capital vehicle that allows investors to hold shares in portfolio companies before their IPOs. Pershing Square Ventures Ltd. Fund Structure According to Pershing Square Capital Management's Q2 letter to shareholders, Pershing Square Ve

MTR Corporation (stock code 00066) reported net profit attributable to shareholders of HK$15.872 billion for the half-year ended June, up 106% year-on-year. The stock rose as much as 4.4% intraday to HK$33.73, bucking broader market trends. The profit surge was driven by property development profit

XRP traded near $1 on Aug. 13, its lowest level since November 2024 and roughly 69% below its January 2025 peak near $3.30, as ledger activity increased despite the steep retreat. Santiment's analysis showed active addresses rising sharply in August while new-address creation remained virtually

Google (NASDAQ: GOOG) released Gemini 3.7 Flash on August 13, the second low-cost coding model it has launched in the three weeks since 3.6 Flash. The company said the new model was developed based on internal optimization work and developer feedback. Notably, Google’s flagship model, Gemini 3.5 Pro, which it promised developers in May, has still not been released. Gemini 3.7 Flash Pricing: $0.75 per Million Input Tokens Google’s Gemini 3.7 Flash pricing plan, effective from August 13, 2026, thr

South Korean financial authorities announced weighted trading incentives for overnight foreign exchange transactions at a meeting held on the 14th at Seoul Banking Center, led by Vice Finance Minister Heo Jang. The weighting system will assign up to triple weight to dollar-won trades conducted

South Korea's broad money supply (M2) reached 4,213 trillion won in June 2026, up 0.7% from the previous month, according to a Bank of Korea report released on August 14. The increase was driven by corporate short-term surplus fund management and semiconductor company deposits, with non-financial co

Head of the National Securities and Stock Market Commission of Ukraine (NSSMC), Oleksii Shmeinyuk, stated publicly on August 13 that cryptocurrency regulation should strike a balance between protecting users and enabling businesses to operate legally in Ukraine. He explicitly warned that “excessive regulation will push businesses overseas.” Shmeinyuk cited analysts’ estimates that Ukraine received $206.3 billion in digital assets from July 2024 through June 2025, a year-on-year increase of 52%.

Japanese-listed company Metaplanet, restricted by its capital allocation policy from raising funds through common stock, announced on August 13 that it had completed the issuance of the 21st–24th series of unsecured common bonds, known as BitBonds, raising approximately ¥200 million. CEO Simon Gerovich clarified that the transfer of more than 5,000 BTC was a routine custody operation and that the company had not sold any bitcoin. CEO: The Transfer of 5,000 BTC Was a Custody Operation, with Netwo

Jeremy Siegel of WisdomTree said the Federal Reserve will likely skip a September rate hike if oil holds near $80 a barrel. Siegel, a professor emeritus of finance at the Wharton School, spoke as the S&P 500 topped 7,800 for the first time this month. The outlook followed this week's inflation

South Korea's Ministry of Land, Infrastructure and Transport announced on the previous day (the 13th) that the Korea Housing & Urban Guarantee Corporation (HUG) and Korea Housing Finance Corporation (HF) will expand PF guarantee supply to 33 trillion won next year, up from this year's target of 23 t

South Korea's Financial Intelligence Unit (FIU) stated on the 13th that registration reviews for virtual asset service providers (VASPs) can be suspended if criminal proceedings are underway against the applicant, representatives, executives, or major shareholders. The suspension remains in effect u

Daiwa Institute of Research released findings on the 14th analyzing Donald Trump's policy reversals through a composite 'TACO Index' (Trump Always Caves Out), concluding that the pattern represents a structural response mechanism to market and public pressure rather than inconsistent behavior. The i

OpenAI announced on its official blog on Aug. 13 that it was launching Ultrafast mode, enabling its flagship GPT-5.6 Sol model to generate up to 750 tokens per second—14 times faster than Standard mode—using technology from chipmaker Cerebras’s Wafer-Scale Engine. Cerebras Wafer-Scale Engine: An Entire Wafer as a Chip Traditional chip manufacturing cuts hundreds or thousands of small chips from a silicon wafer. Cerebras takes the opposite approach, using the entire wafer as a single complete chi

US President Donald Trump signed a presidential memorandum on 13th (local time) titled 'Rebuilding the US Navy and US Shipbuilding Industrial Base,' allowing foreign shipbuilders that invest in the United States to construct up to two US Navy vessels in their home country shipyards. The measure

South Korea's Financial Intelligence Unit (FIU) under the Financial Services Commission stated on the 13th that virtual asset service providers (VASPs) accepting listing fees in exchange for token listings may face administrative delisting even after completing registration. The FIU emphasized in it

KOSDAQ and defense/aerospace exchange-traded funds posted strong returns during August 3-13 as investor sentiment shifted away from semiconductor large-caps. The top five performing ETFs during this period were all KOSDAQ 150 leverage products, with 'KIWOOM KOSDAQ 150 Futures Leverage' leading

Samsung Electronics and SK Hynix are projected to generate combined operating profits exceeding 900 trillion won and approaching 1000 trillion won in 2027, according to financial data provider FnGuide on the 14th. The bullish earnings outlook, coupled with expectations for expanded shareholder

The 11th Criminal Division of the Seoul Southern District Court sentenced Jeong Sang-ho, founder of the crypto platform Delio, to 15 years in prison on Aug. 13, 2026, for fraud and fraudulently obtaining a virtual asset trading license. The court ruled that Jeong Sang-ho had fraudulently obtained the license and defrauded victims of approximately ₩70 billion (about $49.3 million) in crypto assets, stating that the victims’ losses would be “difficult to recover,” with many users suffering signifi

UTI Co., Ltd., a KOSDAQ-listed company, saw bondholders withdraw put options (early redemption requests) for its first convertible bond (CB) that were originally requested in July. The total amount of 17.5 billion won in repayments has been postponed until February next year. Bondholders made the de

Official data released by the Bank of Russia on August 13 showed that, as of the latest reporting period, foreign exchange reserves had increased from $720.3 billion to $740 billion, a rise of approximately $19.7 billion. The main factors behind the increase included rising gold prices, higher export revenues—including a recovery in energy exports—and the currency appreciation effect. Russia continues to diversify its reserves by increasing its gold holdings and reducing its exposure to dollar-d