Gate Insights and Crypto Market Analysis

South Korean President Lee Jae-myung and Argentine President Javier Milei held a summit on the 31st (local time) that revealed unexpected common ground on artificial intelligence cooperation and policy execution speed. The two leaders discussed critical minerals, energy cooperation, AI, regulatory i

The Federal Communications Commission added foreign-made advanced robotic devices and connected power inverters to its Covered List on Tuesday after U.S. national security agencies determined the products pose unacceptable security risks. The move follows findings by a White House-convened

South Korea and Argentina finalized the text of a Double Taxation Agreement (DTA) on the 31st (local time) in Buenos Aires, resolving a long-standing obstacle to corporate investment between the two nations. National Security Advisor Wee Sung-rak announced the outcome during a briefing at a Buenos A

Goldman Sachs raised its Amazon stock price target to $375 from $335 and maintained a Buy rating after the company posted second-quarter results. The firm cited faster AWS growth of 36.7% year over year to $42.2 billion, marking the cloud unit's fastest expansion in 18 quarters, alongside rising

Japan likely spent ¥8.45 trillion, or $52.8 billion, buying yen and selling dollars on Thursday, marking Tokyo's largest suspected single-day currency intervention. The operation occurred after the yen weakened below 163 per dollar earlier this month, raising concerns over import costs. Japan

Coinbase shares fell to their lowest levels in roughly two and a half years on Friday morning after the crypto exchange reported weaker-than-expected second-quarter results, later trading around $150. The stock remains down roughly 57% over the past year. Wall Street analysts debated whether to

Bitcoin is testing a critical resistance cluster near $65,000, where the 78.6% Fibonacci retracement at $65,073.57 converges with a descending trendline from the $66,000 peak. BTC traded near $64,619 in technical analysis, positioned above the 61.8% retracement at $64,560.92 but below the

Solana (SOL) is defending a five-day base near $73 as traders monitor key technical levels on short-term charts. The cryptocurrency was trading near $73.74 on Binance futures, inside a narrow consolidation range centered around $73.50 to $74. Repeated attempts to push price lower have attracted

Coinbase missed earnings expectations for the third consecutive quarter in the three months ending June 30, prompting Wall Street analysts to lower price targets this week while maintaining buy ratings on Coinbase stocks. The cryptocurrency exchange reported a loss of $359.5 million, or $1.36 per

US hedge fund Situational Awareness liquidated its portfolio this week after a semiconductor stock crash triggered margin calls, sparking one of the largest single-day surges in momentum stocks since December 2000, Wolf Research reported on January 31 (local time). The fund, which used leverage up t

Deribit derivatives exchange will see approximately $9.7 billion worth of cryptocurrency options expire on July 31, the last Friday of both the week and the month. The expiration includes $9.69 billion in Bitcoin options and $830 million in Ethereum options, occurring as Bitcoin trades around the $6

Fred Hickey, founder of The High-Tech Strategist investment newsletter, said the months-long correction in gold prices may be forming an important bottom as investors grow skeptical of what he calls the biggest technology bubble in history. In an interview with Kitco News, Hickey explained that

South Korea announced on the 31st (local time) that it will begin importing Argentine crude oil starting next year and finalized a double taxation prevention treaty with Argentina, following President Lee Jae-myung's state visit to Buenos Aires. Wi Sung-rak, Director of the National Security

Reddit Inc. (RDDT) secured a procedural victory in its legal battle against AI data harvesting after a federal judge denied motions to dismiss key claims against Perplexity AI and SerpApi. The court ruling allows Reddit to advance claims under Section 1201 of the Digital Millennium Copyright Act

Peter Schiff criticized Strategy Inc.'s STRC preferred stock policy on July 31 following the company's second-quarter earnings release, arguing the policy prioritizes preferred shareholders over common stockholders. Schiff's comments came as MSTR shares fell 7% and Strategy reaffirmed its

Strategy Inc. Executive Chairman Michael Saylor announced Thursday on the company's earnings call that the firm is shifting away from its historical 100% bitcoin allocation strategy to hold more cash reserves. The change comes as analysts TD Cowen and Benchmark reiterated buy ratings on Strategy

Apple Inc. (AAPL) shares fell nearly 10% during Friday afternoon trading after the company issued weaker-than-expected fourth-quarter revenue guidance. The decline left Wall Street analysts divided, with several firms adjusting price targets in response to supply constraints and margin pressures. St

The Japanese yen experienced significant volatility for a second consecutive day on the 31st, with the dollar-yen exchange rate trading at 159.434 yen as of 10:47 AM ET, up 0.087 yen (0.055%) from the previous session, according to Yonhap Infomax. The currency pair recorded an intraday range

Dili, an AI-powered compliance platform for energy, infrastructure, construction, and manufacturing industries, today announced $21.7 million in total funding, including a $15 million Series A round led by Khosla Ventures. The funding round included participation from Y Combinator's Garry Tan,

The FTX Recovery Trust released $900 million to creditors on Friday in its fifth distribution round since the exchange's 2022 bankruptcy filing. Former FTX user Sunil Kavuri confirmed receipt of funds through Kraken after receiving notice last week that the trust had transferred the payment. The dis