Gate Insights and Crypto Market Analysis

TSMC, the world's largest foundry, posted record monthly revenue of 467.58 billion TWD (approximately 20.5 trillion KRW) in July, up 44.7% year-over-year and 5.6% from June's prior record of 442.68 billion TWD, according to a company announcement on August 10 local time. The milestone reflects

Undefined Labs, a South Korean Web3 consulting firm, signed a strategic memorandum of understanding (MOU) with Ether Systems, an institutional Ethereum infrastructure company, on the 11th. The partnership aims to facilitate Ethereum-based financial infrastructure adoption among domestic financial in

Intel is expanding its capital raise to approximately $20 billion, according to Bloomberg and foreign media reports on local time on the 10th. The US semiconductor company increased the planned stock offering by roughly 33% from the amount announced earlier that morning, responding to investor

A deep investigation by The New York Times revealed that the mastermind behind Aqua 1, which invested $100 million in the Trump family’s crypto project, World Liberty Financial (WLFI), is Chinese-born British businessman Guren “Bobby” Zhou, who had previously been investigated for money laundering in the UK. Two of Zhou’s longtime employees were indicted in London in September 2025 in connection with a money laundering case. Guren Zhou’s Business Trajectory: A $100 Million Bet on WLFI Based on i

Judge Andrew Carter of the U.S. District Court for the Southern District of New York ruled on August 10 to approve the U.S. Attorney’s July motion to stay the U.S. Commodity Futures Trading Commission’s (CFTC) civil lawsuit against U.S. Army Special Forces Master Sergeant Gannon Ken Van Dyke pending the outcome of the criminal proceedings. Van Dyke is accused of profiting more than $400k from Polymarket contracts. Procedural Details of the Court’s Stay of the Civil Proceedings According to repor

Jin Jing New Energy (01783) announced a placement and convertible bond issuance to raise approximately HK$1.098 billion in gross proceeds and HK$1.078 billion in net proceeds. The company plans to allocate approximately 90% of the net proceeds to acquire a cloud computing and data center service pro

Aug. 11, Bitcoin fell back to around $64,000. Strategy (NASDAQ: MSTR) stock drew market attention after the company announced at the start of the week that it had sold 1,690 BTC for approximately $109 million, using the proceeds to repurchase its preferred stock rather than expand its Bitcoin holdings. MSTR opened down 1.5% but quickly rebounded to $100. This was the company’s second sale this month. Strategy Sells 1,690 BTC, Redirecting Proceeds to Preferred Stock Repurchases According to a Str

SpaceX stock closed at 138.74 USD on August 10 (local time), rising 4.23% and moving above its IPO price of 135 USD despite retail investors turning net sellers for the first time. Yahoo Finance cited Vanda Research reporting that retail investors net sold 4.5 million USD worth of SpaceX shares on A

JP Morgan forecasts that US July consumer price index (CPI) data will play a pivotal role in the Federal Reserve's rate decision next month, according to a report released on the 10th (local time). The investment bank stated that the US has avoided an inflation surge scenario triggered by Middle

Hana Bank set a 10 trillion won bond issuance limit for the 12-month period from this month to next July, according to a filing with financial authorities on the 11th. The reduced target reflects deteriorating market conditions as benchmark rates climbed and the Bank of Korea signaled additional rat

Bank of Korea Vice Governor Yoo Sang-dae is holding a press conference on the 11th, with the Seoul bond market closely watching for signals on potential back-to-back rate hikes. The focus stems from core inflation remaining above the central bank's target level, prompting discussion of aggressive po

Community banks lobbied Republican senators against the Digital Asset Market Clarity Act (CLARITY Act) over concerns that stablecoin rewards will drain deposits from smaller institutions, according to Punchbowl News. The campaign prompted Senators Josh Hawley and Jerry Moran to declare opposition un

US stock markets declined on August 10 (local time), with the Dow Jones falling 0.11%, the S&P 500 down 0.06%, and NASDAQ dropping 0.32%, as the Philadelphia Semiconductor Index tumbled 2.94%. The declines were driven by surging oil prices amid delayed reopening of the Hormuz Strait and NVIDIA's

CJ CheilJedang reported a decline in operating profit for Q2 2026, disclosed on the 11th, as higher packaging and raw material costs driven by elevated oil prices compressed margins. The company posted revenue of 7.3621 trillion

US strategic petroleum reserves dropped to 298.7 million barrels last week, declining by 6 million barrels, according to the US Department of Energy cited by Business Insider on the 10th (local time). The decrease

A compromised LayerZero bridge drained nearly $294 million in unbacked rsETH from KelpDAO on April 18, triggering divergent responses across decentralized lending protocols. SparkLend, led by CEO Sam MacPherson, avoided material losses through pre-built rate limits, reduced rsETH exposure at a 72% l

Bitcoin traders in 2026 are assessing macroeconomic factors as the primary drivers of price action, marking a fundamental shift from traditional on-chain metrics. Approximately 17.9% of all Bitcoin holdings are now attributed to publicly traded companies, private firms, ETFs, and sovereign

Iran's parliament has advanced legislation aimed at controlling transit through the Strait of Hormuz by potentially restricting passage for U.S. and Israeli assets. The bill, still under review and not yet enacted into law, proposes penalties including fines up to 20% of cargo value for targeted

BlackRock updated its Geopolitical Risk Dashboard to identify the race for artificial intelligence leadership as a top-tier systemic risk for global investors. The asset management firm's proprietary BlackRock Geopolitical Risk Indicator now places U.S.-China technology competition among the

Kiwoom Securities analyst Park Yu-ak lowered target prices for Samsung Electronics and SK Hynix stocks on 전날 (previous day), as reported 11일 (11th day). Samsung Electronics' target price was reduced from 390,000 won to 350,000 won, while SK Hynix saw its target drop from 2.2