Gate Insights and Crypto Market Analysis

CryptoQuant head of research Julio Moreno stated that Bitcoin has not yet reached a classic capitulation phase despite recent price fluctuations. According to Moreno's on-chain analysis, BTC holders have only recently started recording year-over-year losses, currently totaling around 136,000 BTC.

Galaxy Research reported Friday that a vulnerability affecting Coldcard hardware wallets resulted in 1,196 addresses being drained of 1,082.65 BTC, worth approximately $70 million, in transactions occurring between 01:10:20 and 01:51:26 UTC July 30. The incident was triggered by a firmware bug affec

Circle Internet Group received a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company LLC, driving CRCL stock up 5%. The approval establishes a regulated New York trust structure for the USDC issuer as stablecoins face closer review from

TD Cowen lowered its SharpLink Gaming price target to $13 from $16 on July 30 after reducing its year-end 2026 Ethereum forecast to $2,371 from approximately $3,650. Analysts Lance Vitanza and Jonathan Navarrete cited weaker-than-expected second-quarter ether pricing as the reason for the revision w

Former U.S. Representative George Santos settled with the Commodity Futures Trading Commission on Friday after the agency said he engaged in manipulative trading on Kalshi regarding his attendance at the February 2026 State of the Union, generating more than $17,500 in profits. The CFTC alleged Sant

A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels. Researchers tested 200 USDC remittances across 10 bidirectional payment corridors linking Italy with Brazil, Argentina, Japan, the United Arab

Microsoft (MSFT) stock surged Thursday, closing near $451.50 with a 15.5% gain—its strongest one-day percentage increase since October 2008. The rally added nearly $450 billion to the company's market value, the largest one-day increase recorded by any company, lifting its valuation to

AST SpaceMobile Inc. (ASTS) announced on Friday that BlueBird satellites 11, 12 and 13 are stacked and ready for their August 5 orbital launch from Cape Canaveral Space Force Station aboard a SpaceX Falcon 9 rocket. The company said BlueBirds 14, 15 and 16 are set to follow, and production is

Korean financial authorities are internally reviewing past Equity-Linked Warrants (ELW) regulation cases as they develop measures for single-stock leverage ETFs, according to financial investment industry sources on the 1st. The review stems from concerns that initial measures announced on the 16th

Bitcoin fell nearly $3,000 on July 31, dropping to $62,369 after failing to hold $65,000 during a 12-hour sell-off period. The crash wiped out $360 million in crypto leveraged positions, with $100 million in Bitcoin long bets liquidated—a fourfold increase from $23 million liquidated 24 hours

Brent and West Texas Intermediate crude oil prices fell Friday as increased shipping flows through key Middle East routes eased immediate supply concerns. Brent crude futures dropped $1.03, or 1.2%, to $88 a

Ondo Perps crossed $300 million in 24-hour trading volume less than a month after launch on July 7. According to data from DeFiLlama, the platform generated $320.18 million in trading volume over the past 24 hours, with cumulative trading volume climbing to $5.763 billion and open interest

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