Gate Insights and Crypto Market Analysis

All 24 KOSDAQ exchange-traded funds (ETFs) listed on the Korean stock market recorded negative returns during July 1-31, as the KOSDAQ index plunged 21.44% during the period. Active ETFs suffered larger losses ranging from 29.76% to 36.08% compared to passive ETFs' average 9% decline, according to K

Capstone Asset Management sent a request for proposals (RFP) to major domestic and international real estate advisory firms last week to select an advisor for the sale of Renaissance Square, a newly built prime office building in Seoul's Euljiro district. The sale relaunch comes approximately two

Japan and the United States conducted joint foreign exchange market intervention on the 31st of last month, causing the yen to surge and Japanese stocks to decline. The yen-dollar rate temporarily fell to 155 yen per dollar, while the Tokyo Stock Exchange's TOPIX index dropped 3.1% intraday as

SpaceX reports its first quarterly earnings as a public company after the market close on Aug. 4, with CEO Elon Musk backing a claim that the company could add revenue equivalent to Tesla's total annual sales within 12 to 24 months. Based on Tesla's $94.8

Samsung Electronics' foreign ownership dropped to 46.7% as of the 3rd, the lowest level since 2009, as foreign investors rapidly reduced their holdings in the Korean chipmaker. The decline follows sustained selling pressure throughout the year, with foreign ownership falling from over 52% at the sta

Elon Musk posted a claim on X on Monday comparing AI's rise to a supersonic tsunami, alongside a chart showing growth breaking out since spring 2026. The chart plots monthly progress from July 2023 through July 2026, labeling November 2024 'it's so over' before the curve snaps upward once 2026

Hanwha Aerospace announced on the 3rd the termination of a contract with UK-based Vertical Aerospace (VA) valued at approximately 4,500 billion won. The contract, signed between 2022 and 2023, covered the supply of

Galaxy Digital and Duel Casino are in dispute over nearly 230 ETH allegedly linked to the Coldcard exploit after the gambling platform refused to freeze the funds. Alex Thorn, Head of Firmwide Research at Galaxy Digital, alerted that Duel Casino received the funds but declined to block them

South Korean police arrested three suspects in connection with an alleged fake XRP staking platform that reportedly defrauded 71 investors out of 3.4 million XRP, worth approximately $9 million. The platform, identified as Fxrpntwork.com, allegedly operated as a fraudulent staking service.

KOSPI surged 17.91% on July 31, closing at 6595.45 after gaining 1001.89 points in the largest single-day percentage gain in its history. The rally followed option deleveraging and short covering after the index had plunged 40% during July. Analysis of past market crashes shows leading sectors

DL announced on August 3rd that its consolidated operating profit for Q2 reached 256.5 billion won, a 256.1% increase from the same period last year, achieving record quarterly results. Revenue rose 26.2% to 1,667.9 billion won. The company attributed the performance to significant profit growth in

The US Securities and Exchange Commission delayed the launch of Nasdaq PHLX's proposed Bitcoin index options after agreeing to conduct a full Commission review of the product. The SEC issued the review order on July 29, with publication in the Federal Register on Aug. 3 establishing Aug. 24 as the d

Blockchain investigators alleged that Dubai-based cryptocurrency exchange Shelbit processed at least $4 billion in transactions tied to an Iranian sanctions evasion network. Analysis shared with Reuters found the unlicensed exchange became a financial hub connecting more than 2,000 Farsi-language ga

Trump Media & Technology Group moved 2,628 Bitcoin worth approximately US$165 million to Crypto.com on Sunday, blockchain analytics firm Lookonchain reported, citing Arkham data. The transfer leaves the company with roughly 4,261 BTC, representing a 63% reduction from its peak holdings

South Korea's five major banks saw household loans surge by over 4 trillion won last month, reaching 778.9791 trillion won at month-end compared to 774.9608 trillion won at the end of June. The increase was driven by mortgage loans recording their largest monthly growth in 11 months and credit loans

Russia approved a ban on cryptocurrency mining and mining pool participation in Moscow, the Moscow region, and parts of the Kursk region from 15 August through the end of 2032. The government said the ban is needed to protect the electricity grid, warning that energy-intensive mining could worsen po

Cho Sang-hyun, head of equity management at Hyundai Asset Management, stated the Korean stocks market bottom has been confirmed, attributing recent semiconductor stock declines to deleveraging. Cho identified excessive leverage reduction as the primary driver behind the sharp correction in semicondu

Astarter, a Web4 AI infrastructure platform, formed a strategic partnership with MelosBoom, a Web3 music project combining DePIN technology with AI. The partnership is designed to accelerate AI-powered decentralized music innovation and expand technology-driven opportunities for creators,