Gate Insights and Crypto Market Analysis

Kakao Bank's labor union is conducting a second full-day strike on the 14th over unresolved disputes on performance compensation systems and salary increase rates with management. The union previously held its first-ever full-day strike on the 31st of last month since the bank's establishment, and b

JP Morgan raised its target price for Microsoft stocks from $550 to $625, representing a 13% increase, according to a report on Yahoo Finance on the 14th. Analyst Samik Chatterji cited the company's growth outlook and relatively lower capital expenditure compared to competitors as key reasons for th

UBS maintained a Buy rating on Kontoor Brands (NYSE:KTB), the parent company of global jeans brand Wrangler and outdoor brand Helly Hansen, and raised its price target from 131 USD to 136 USD. According to CNBC on the 13th (local time), UBS analyst Mauricio Serna stated in a report that Kontoor Bran

SCK Company, the operator of Starbucks Korea, reported an 18.4 billion won operating loss in the second quarter after canceling its annual Summer Frequency promotional event. The decision followed a May 18 controversy over a 'Tank Day' promotion. The quarterly loss marked a 58.7 billion won

South Korea's Mirae Asset Group is injecting roughly 50 billion won, or $35.3 million, into DigitalX, the operator of crypto exchange Korbit, weeks after completing its acquisition of the company in July. DigitalX's board approved the issuance of more than 10 million new common shares at 4,961 won p

A French couple in the Montdidier area of Somme department endured three home invasions between June 24 and July 17 after criminals mistakenly targeted their residence, believing it belonged to cryptocurrency millionaires, an Amiens criminal court heard Aug. 11. The victims, a farmer and a bank

Korean treasury futures rose in overnight trading on August 14, with the 3-year contract climbing 8 ticks to 103.37 and the 10-year contract gaining 33 ticks to 105.96. The rally was driven by relief over US producer price data for last month and a rare decline in international oil prices. Foreign i

Zerohash plans to refile for a U.S. national trust bank charter after the Office of the Comptroller of the Currency returned its initial application on July 17, leaving the crypto infrastructure provider outside a recent group of digital asset companies that have received provisional federal

Fitch Ratings maintained the United States' sovereign credit rating at AA+ with a stable outlook on the 13th local time. The agency cited the country's large economy, high per capita income, dynamic business environment, and exceptional funding flexibility from the dollar's role as the global

Korea Investment Financial Group has been selected as the preferred bidder for the acquisition of KDB Life Insurance, according to a report published on the 14th by Shinhan Investment Securities researchers Lim Hee-yeon and Lee Ji-yeon. The analysts stated the acquisition aims to secure a

Hardware wallet manufacturer Trezor disclosed that personal information belonging to approximately 13,700 customers was exposed after an unauthorized party accessed order data held by ShipMonk, a third-party shipping provider. ShipMonk informed Trezor on Monday that its systems containing customer o

Gold futures recovered to $4,432.22 per ounce as of 3pm on the 13th, marking a 10.63% gain over the recent month. The rally was driven by resumed central bank purchases, renewed ETF inflows, and concerns over US economic slowdown. December delivery gold futures had undergone a two-month

Pokémon trading cards outperformed the S&P 500 and Bitcoin over the past three months, posting a 22.8% gain while the cryptocurrency declined 20.7% and the stock index advanced 4.7%. The divergence reflects how collectibles are behaving as an asset class largely disconnected from traditional

CNBC's Jim Cramer recommended buying Cisco stock following its 8.4% decline during Thursday's trading session, after the networking company reported quarterly results Wednesday evening. The stock initially rallied in extended trading before reversing as investors focused on the company's guidance. C

Ethereum's total supply reached approximately 120.7 to 121.5 million tokens as of April 2026, according to reports from MEXC. This figure sits slightly above the 120.52 million that existed at the time of the Merge in September 2022. The shift occurred after the Dencun upgrade in March 2024

SK Securities on August 14 maintained its ₩230,000 target price and 'Buy' rating for TES (stock code 095610), citing the company's growing order backlog as a potential catalyst for second-half earnings to exceed market consensus. Analyst Lee Dong-joo stated that the accumulating order backlog flow i

Jim Paulsen, former Chief Investment Officer of The Leuthold Group, identified five warning signals that could threaten the U.S. stock market's earnings rally in a recent Substack post referenced by Business Insider on local time 13th. Paulsen noted that while 86% of S&P500 companies reporting Q2 ea

NH Investment & Securities raised its target price for Simtech (stock ticker 222800) to 170,000 won from 150,000 won on August 14, maintaining a 'buy' rating. The brokerage cited expanding SOCAMM (Substrate on Carrier with Molded Interconnect) revenue as the key driver for anticipated

Metaplanet denied selling Bitcoin after blockchain trackers flagged the movement of more than $320 million worth of BTC from wallets linked to the Tokyo-listed company on Wednesday. CEO Simon Gerovich said the company transferred 5,014 BTC between its own custodial addresses over a 24-hour period

PeopleBio, a KOSDAQ-listed company, acquired the 'Dugak S Building' and a nearby multi-family housing property in Daechi-dong, Gangnam, Seoul for 98.3 billion won on December 24, according to a disclosure filed with the Financial Supervisory Service. The company paid 35.6 billion won in down