Gate Insights and Crypto Market Analysis

Flexcell Space secured approximately 25 billion KRW in Series A funding with participation from Mirae Asset Financial Group as a new investor. Mirae Asset Venture Investment and Mirae Asset Capital joined the round, marking the financial group's expansion into domestic space technology after its

Korean banks and policy financial institutions face diverging incentives two weeks into administrative guidance requiring the transition of floating rate note (FRN) reference rates from certificate of deposit (CD) rates to the Korea Overnight Financing Repo Rate (KOFR). Banks benefit from lower

Lotte Wellfood's India subsidiary Lotte India recorded approximately 28% revenue growth in H1 compared to the same period last year. The growth was driven by a 29% increase in the ice cream division and a 26% rise in the snack division. This performance follows last year's merger between Lotte India

President Lee Jae-myung chaired the 2026 National Fiscal Strategy Meeting at the Blue House on July 13 to discuss the government's mid-to-long-term fiscal operations and core investment strategies. The meeting focused on the 2027 budget planning direction and examined fiscal strategies for three

Circle Internet Group (NYS:CRCL), issuer of the world's second-largest stablecoin USDC, received final approval from the US Office of the Comptroller of the Currency (OCC) on the 10th (US local time) to establish a National Trust Bank under direct federal supervision. The approval marks a

Hoban Group increased its stake in Hanjin KAL to 20.15% on the 10th, narrowing the gap with the largest shareholder to 0.41 percentage points. The stake expansion raised concerns about potential management control disputes over the Korean airline holding company. Shinhan Securities analyst Choi

The Nasdaq Composite Index recorded the Hindenburg Omen signal 11 times within one month, according to a report by Yahoo Finance on the 10th (local time). Historically, when this technical indicator appeared 8 times, major stock market corrections followed. The Hindenburg Omen is designed to

South Korea's Big 4 entertainment stocks—HYBE, SM Entertainment, JYP Entertainment, and YG Entertainment—declined 30% to 40% in the first half of the year as of July 10. HYBE fell 33.2% to 220,500 won, SM dropped 42.6% to 77,500 won, JYP declined 30.2% to 50,700 won, and YG decreased 39.2% to 69,400

Economist Nouriel Roubini is entering the digital asset market by launching a token backed by an exchange-traded fund (ETF) as its underlying asset, according to Business Insider on May 11 (local time). The token, based on Roubini's Atlas Americas Fund, recently received approval from United Arab

Goldman Sachs raised its target price for SanDisk (NAS:SNDK) stocks from $1,200 to $2,200 on the 12th (local time), citing structural improvements in the NAND flash memory market. The investment bank maintained its 'Buy' rating while doubling its earnings per share (EPS) forecast for the year from $

Daishin Securities maintained a 'buy' rating for LG Uplus Stocks with a target price of 20,000 won, projecting the company's Q2 (April-June) revenue at 3.9 trillion won (up 2% year-over-year) and operating profit at 330 billion won (up 8% year-over-year). Analyst Kim Hoe-jae cited the company's

The Hang Seng Index rose 144 points to close at 24,175 on Friday, marking a weekly gain of 825 points or 3.53%. The Hong Kong stocks benchmark exhibited an alternating pattern last week, with gains on Monday, Wednesday, and Friday offset by corrections on Tuesday and Thursday. The index formed a

KOSDAQ-listed companies implementing stock consolidations to avoid new delisting rules are triggering sharp declines in warrant prices, according to industry data released this month. South Korea's financial regulator began enforcing stricter delisting criteria this month, requiring management

South Korean cryptocurrency exchanges Dunamu and Bithumb significantly increased their information security investments last year, with Dunamu allocating 24.34 billion won and Bithumb 12.37 billion won according to Korea Internet & Security Agency (KISA) disclosures on the 13th. The aggressive

Korean stock market volatility doubled that of Japan and Taiwan this year due to semiconductor concentration, Eugene Investment & Securities reported. Samsung Electronics and SK Hynix contributed over 78% to first-half gains, with daily fluctuations of 5-6% versus 1-2% for comparable markets. The co

South Korea's Financial Services Commission (FSC) has delayed finalizing sanctions against Lotte Card following a data breach affecting 2.97 million customers, with decisions now scheduled for committee meetings on the 23rd and 29th. The delay stems from the unprecedented nature of considering

Korea Investment & Securities warned on the 13th of potential sharp won appreciation despite the ongoing rise in the USD/KRW exchange rate, citing an abnormal divergence where the foreign currency funding market shows dollar surplus while the FX market exhibits dollar shortage. Analyst Moon

Meta Platforms (NASDAQ: META) closed at $669.21 on May 10 (local time), up 5.97% from the previous day, rebounding from a March low of $525 after closing 2025 at $660.09. Yahoo Finance attributed the stock's recovery to easing concerns over increased capital expenditure and questions about returns o

Hoeban Group increased its stake in Hanjin KAL, the holding company of Hanjin Group, to 20.15% through additional share purchases disclosed on the 10th, narrowing the ownership gap with Chairman Cho Won-tae's faction to 0.42 percentage points. The acquisition of 1.69% (1,132,900 shares) by Hoeban Ho

US Central Command launched additional airstrikes against Iran starting 5 PM Eastern Time on the 12th (local time), targeting facilities that threaten civilian vessels transiting the Hormuz Strait. The command stated the strikes aimed to degrade Iran's capability to attack commercial ships and civil