Gate Insights and Crypto Market Analysis

AST SpaceMobile stocks (ASTS) declined 33% this month, marking the worst monthly performance in over two years, as investors weigh recent earnings commentary from T-Mobile and Nokia. T-Mobile CEO Srini Gopalan stated that satellite connectivity will become 'table stakes' for cellular service,

Intel Corp. saw its stock rise nearly 4% in premarket trading on Friday after the chipmaker reported second-quarter results that exceeded Wall Street expectations. The gains came despite a sharp selloff in South Korean chip stocks, with the KOSPI declining 5.8% and Samsung and SK Hynix

Over 53% of US households oppose construction of artificial intelligence data centers near their homes, according to a survey by real estate brokerage Redfin reported on the 23rd (local time) by Yahoo Finance. The opposition stems from concerns about rising electricity costs, water shortages,

Single-stock leveraged and inverse ETFs tied to Samsung Electronics and SK Hynix recorded 10.2 trillion won in trading volume on May 24, with two SK Hynix products accounting for 64.7% of the total, according to financial data provider Yonhap Infomax. The concentration occurred as the government

Samsung Electronics and SK Hynix stocks plunged on July 24, with Samsung falling 7.59% to 249,500 won and SK Hynix dropping 8.34% to 1,759,000 won. Foreign investors led the sell-off, offloading a combined 2.6 trillion won worth of shares in the two semiconductor giants. The decline followed

LayerZero and Keeta announced a partnership to launch tokenized commercial bank deposits transferable across Ethereum, Solana, Base, and the Keeta Network in July 2026. The Keeta Stablecoins will represent actual commercial bank deposits held through Bivo, a California-licensed money transmitter, an

Cardano ADA is trading below $0.168 after being rejected at the 50-day EMA near $0.176. Large holders accumulated roughly 120 million ADA since Monday according to Santiment data, while perpetual futures funding rates turned negative at approximately -0.014 on Thursday and Friday. The rejection at t

The Korean government held an inter-agency task force meeting on July 24 to review support measures for Homeplus workers and suppliers affected by wage arrears and business disruptions following the court's termination of the company's rehabilitation procedure. Vice Minister of Finance and Economy K

South Korea's Ministry of Finance and Economy announced on the 24th that Q3 public bond issuance excluding government treasury bonds is projected to reach 67 trillion won, a 4 trillion won increase from the initial plan due to rising policy demand. The announcement was made at the third meeting of t

Bitcoin maintained the $65,000 level on the 24th despite a sharp decline in US artificial intelligence-related stocks. According to global crypto market platform CoinGecko, Bitcoin traded at $65,393 as of 4 PM on the 24th, while crypto media outlet CoinDesk reported Bitcoin held around $65,000

Duksan Nepcores filed a securities report with the Financial Services Commission on the 24th, launching its initial public offering as the first company approved under South Korea's reformed dual-listing exception guidelines. The defense technology firm plans to offer 3 million new shares at a

Japan's National Diet approved on July 15 the reclassification of bitcoin and roughly 105 other crypto assets from the Payment Services Act into the Financial Instruments and Exchange Act, removing a central legal obstacle to listing a spot bitcoin exchange-traded fund on the

ProBix, an artificial intelligence-powered event intelligence platform, partnered with Origins Network, a decentralized infrastructure provider, to integrate AI capabilities into Web3 applications, the companies announced via Twitter on July 22, 2026. The collaboration combines ProBix's AI-driven ev

Private equity firm Centroid Investment PE designated global fund Entrada as the preferred negotiator for the sale of golf brand TaylorMade, with the acquisition price reported below 4 trillion won. Entrada must submit a letter of commitment (LOC) by August to maintain its preferred negotiator

Woori Investment & Securities reported net profit of 24.7 billion won in the first half of this year, up 47.1% year-over-year, the company disclosed on the 24th. Operating profit reached 29.4 billion won, surging 93.3% from the same period last year. The securities firm attributed the improved

Tanker traffic through the Strait of Hormuz fell to its lowest level in approximately two and a half months on July 23 (local time), with only one vessel exiting and zero entering, according to ship tracking firm Kpler cited by Nikkei Asia. The single departing tanker was the VLCC 'New Giant,'

Hashi launched a testnet on Sui for Bitcoin-backed lending infrastructure. The protocol uses native BTC collateral with a Guardian Layer security model that includes MPC threshold signatures and 2-of-2 multisig controls between validators and independent guardians. The testnet gives developers a

Retail investors withdrew funds from Samsung Electronics and SK Hynix single-stock leveraged ETFs between the 20th and 23rd, according to Korea Exchange and financial industry data released on the 24th. The withdrawal followed 28-30% losses recorded in just 2 weeks as semiconductor stock

QIE Blockchain launched QIE ID and QIE Pass, two blockchain-based services designed to simplify cryptocurrency payments and identity verification across exchanges and decentralized applications. QIE ID replaces multiple wallet addresses with a single human-readable identifier, while QIE Pass

Samsung Bioepis reported a slight year-over-year decline in operating profit for Q2 2026, driven by changes in supply schedules for key products and expanded research and development investment. The company disclosed on the 24th that Q2 consolidated revenue reached 392.2 billion won with operating p