Gate Insights and Crypto Market Analysis

Six former and current chief investment officers from major Korean pension funds and mutual aid associations competed for the National Pension Service (NPS) CIO position in an interview held on the afternoon of the 20th. The candidates include Lee Hoon, current Korea Investment Corporation (KIC) CIO

The Korean stock market experienced declining liquidity on the 20th, with KOSPI trading volume reaching 33.2087 trillion won according to Korea Exchange data. This represents a significant decrease from the 51.8114 trillion won recorded on the 1st, accompanied by reduced investor deposits. The liqui

Hanwha Philly Shipyard was selected as the shipbuilder for the US Missile Defense Agency's Maritime Range Tracking Ships project, drawing renewed attention to majority stakeholder Hanwha Systems. On the 20th, Hanwha Systems stocks closed at 61,100 won, down 4,400 won (6.72%) from the previous

France's National Gambling Authority ordered domestic internet service providers to block access to Polymarket on July 16, 2026, with the regulator publicly confirming the measure on July 17, 2026. The blocking order targets the cryptocurrency-based prediction market platform over concerns about

Iran's rial fell to about 1.95 million per dollar on July 20, breaking the previous record of 1.9 million set May 4. The decline followed renewed US pressure and the collapsing ceasefire that briefly stabilized the region in June. The International Monetary Fund now expects Iran's economy to

iiDENTIFii appointed Marco Wagener as CEO from 1 January 2026. Wagener, co-founder and former CTO, assumes leadership as the company enters its next strategic growth phase. The appointment responds to a transformed identity fraud landscape where generative AI has driven a 740% year-on-year rise in i

South Africa's economy has demonstrated notable resilience amid the renewed Israel-Iran conflict, with the rand holding up better than during past global shocks. This resilience stems from deliberate policy credibility measures: a lower inflation target, a primary budget surplus that has widened

Samsung Asset Management, Mirae Asset Global Investments, and Korea Investment Management spent a combined 145.76 million won on SpaceX-related ETF advertising between May 1 and June 12, according to data submitted to Democratic Party lawmaker Kang Jun-hyun by the Financial Supervisory Service and t

Korean stock market investor deposits decreased by nearly 30 trillion won over one month amid heightened volatility, according to data from the Korea Financial Investment Association. As of the 15th, investor deposits stood at 109.87 trillion won, down approximately 21% from 139 trillion won

Grayscale filed a prospectus supplement on July 17 outlining plans for quarterly cash distributions from Ethereum and Solana staking rewards, with changes to its Solana Staking ETF (GSOL) expected to take effect around August 7, 2026. The filing introduces a mandatory cash distribution model where G

South Korea's Ministry of Justice and prosecutors arrested 304 individuals for financial securities and virtual asset crimes over the past year and seized 381.4 billion won in criminal proceeds, according to a July 20 press release. The enforcement actions targeted three major crime categories

SOL SK Hynix Futures Single Stock Inverse 2X ETF recorded trading volume of 3.9195 trillion won on July 20, ranking second in South Korea's ETF market, according to Korea Exchange data. The trading volume reached 19.1 times the product's market capitalization of 204.8 billion won, indicating

Infinex launched Infinex Confidential, a privacy-oriented feature built on NEAR Protocol's Confidential Intents framework. The feature enables users to deposit assets from any supported chain, execute swaps within a private environment, and withdraw funds to self-selected destinations without

A dormant Bitcoin wallet moved 5,908 BTC valued at approximately $383 million on Thursday after remaining inactive for eight years, according to blockchain analytics platform Arkham. The whale address originally received the Bitcoin in 2017 when prices hovered near $16,000, representing an initial v

Retail investors in South Korea continued heavy buying of single-stock leveraged ETFs on July 20, the first trading day after financial authorities announced comprehensive regulatory measures on July 16. Individual investors purchased 122.1 billion won of KODEX SK Hynix Single Stock Leverage

Korean stock markets KOSPI and KOSDAQ closed sharply lower in synchronized decline, with both triggering sell-side circuit breakers during trading. KOSPI fell 304.33 points (-4.46%) to close at 6516.27, while KOSDAQ dropped 42.20 points (-5.33%) to finish at 749.64 after hitting a 52-week low

On July 20, international energy markets saw a landmark moment. Brent crude futures surged through the $90-per-barrel mark in one move, topping out at $91.42 during the day; WTI crude futures also climbed into the $84 range. This breakout level is not coincidental—over the past week, Brent crude has risen 15.9% in total, posting the largest single-week gain since April; from the early-July low near $71, the rebound is already close to 30%. {currencycard:tradfi}(XTIUS

The USD-TWD exchange rate reached 32.390 Taiwan dollars as of 1:41 PM on July 20, continuing a multi-day upward trend driven by sustained foreign investor capital outflows. The rate exceeded 32.400 TWD in morning trading and had previously hit 32.464 TWD on July 17, marking the highest level since

South Korean companies are preparing compliance measures as ESG disclosure transitions to legally binding mandatory reporting from 2028. Attorney Cho Du-yeon from Kim & Chang law firm stated at a seminar on May 20 that disclosure is no longer promotional but carries legal responsibility under

ARK Funds, led by CEO Cathy Wood, sold 23,573 AMD shares on the 17th (local time) at $495.76 per share, totaling approximately $11.7 million (17.3 billion won). The transaction continues Wood's months-long pattern of reducing AMD holdings, with the fund selling 137,421 AMD shares this month alone. T