Gate Insights and Crypto Market Analysis

Ripple's RLUSD stablecoin secured listings across South Korea's four largest cryptocurrency exchanges between March 23 and July 29, with Upbit and Bithumb completing the rollout after Coinone and Korbit. On July 30, Ripple Senior Vice President of Stablecoins Jack McDonald announced the expansion on

The Bank of Korea estimated North Korea's real gross domestic product grew 3.5% in 2025, marking the third consecutive year of growth above 3%, according to a report released on the 31st. The expansion was driven by strengthened North Korea-Russia economic cooperation, increased trade with China, an

Foreign exchange banks in South Korea recorded daily average foreign exchange trading volumes exceeding $120 billion for the first time in Q2 2026, reaching $121.44 billion according to Bank of Korea statistics released on July 31. The 18.3% increase from Q1 2026's $102.65 billion was driven by

Korean stocks posted their largest intraday gain on record on July 31, with the KOSPI index surging 14.36% to 6396.95 as of 11:53 AM local time. The rally was driven by renewed semiconductor investment sentiment following overnight gains in US chip stocks and the liquidation of a major US hedge

VIG Partners was selected as the preferred bidder to acquire Yulgok, an aerospace parts manufacturer, according to investment banking industry sources on May 31. The JKL Partners and WJ Private Equity consortium chose VIG Partners over competing bidders including Stick Investment, Anchor Equity Part

The International Monetary Fund (IMF) assessed that South Korea's foreign exchange reserves are sufficient to serve as a liquidity buffer amid broad-based shocks, according to a report published on the 30th local time. The assessment was based on a system-wide stress test conducted by the IMF. The I

Canadian Bitcoin hardware maker Coinkite warned users of its Coldcard Mk3 signing device on Thursday to move funds from wallets whose seed phrases were generated on affected firmware. The warning applies to seeds created on firmware version 4.0.1, released in March 2021, through version 5.0.3,

Top 1% profitable investors at Mirae Asset Securities net sold SK Hynix most heavily on the morning of the 31st at 11 AM, despite semiconductor stocks rebounding sharply. SK Hynix rose 23.98% to 1,639,000 won by 11 AM, reaching an intraday high of 1,714,000 won near the daily limit, while Samsung

A whale trader using wallet address 0xC8b5 turned a $2.26 million loss into a $6.44 million profit on a leveraged SK Hynix perpetual contract position between July 29 and July 31, according to on-chain analytics platform Lookonchain. The trader opened a 3x leveraged long on 37,229 units of SKHX—a Hy

The US Securities and Exchange Commission (SEC) will review a system enabling US stock markets to operate 23 hours per day this fall. SEC Chairman Paul Atkins stated in an interview with Yahoo Finance on the 30th (local time) that the agency is examining 23-hour rather than 24-hour trading, with

The cryptocurrency market showed lower volatility than the KOSPI stock index during July 1-29, contradicting its traditional reputation as a highly volatile asset class. Bitcoin recorded a daily average fluctuation of 1.25% while the Upbit Data Lab altcoin index fluctuated 1.79%, both

SK Hynix's absence from South Korea's credit market this week caused public and corporate bond auctions to nearly disappear, with only two issuers—Korea Airports Corporation on the 27th and Small and Medium Business Corporation the previous day—proceeding with offerings. The vacuum emerged after SK

Reves Med, a South Korean surgical robot developer, received praise for its Stark robot at the World Robotic Surgery Society 2026 (SRS 2026) conference on May 23 in Florida. Despite this recognition, the company's stock price fell to 30,100 won as of May 30, down from 91,300 won in March,

Bitcoin miner IREN Limited (NASDAQ: IREN) surged 30% on July 30 after Co-CEO Daniel Roberts told investors customer demand for the company's computing capacity outstrips current buildable supply. The rally recovered losses from a broader sell-off in AI infrastructure stocks. Roberts stated in an X p

OSL Digital Securities launched XRP trading for retail investors in Hong Kong on July 29, becoming the first locally licensed exchange to offer the cryptocurrency to retail customers. The launch provides regulated access to XRP through Flash Trade and over-the-counter services on a platform

On July 30, 2026, Eastern Time, Strategy (formerly MicroStrategy) released its second-quarter earnings after the close of trading in the U.S. stock market: net loss of $8.22 billion. Meanwhile, a year earlier, the same company recorded net profit of $10.02 billion. From a huge win to a massive loss—only one year. This report was released after the close of U.S. markets on July 30. On that day’s closing price, MSTR shares rose 4.73% to close at $97.74—an increase that happened before the earnings

Apple stocks slid 6% in overnight trading ahead of Friday after the iPhone maker issued September quarter sales guidance below analyst expectations. Apple projected sales growth between 9% and 11% for the September quarter, missing the analyst consensus of roughly 12%. The company attributed the

South Korea's Ministry of Economy and Finance reported that national tax revenue for the first half reached 223 trillion won, an increase of 33 trillion won (17.4%) compared to the same period last year. The growth was driven by increases in income tax, corporate tax, and heightened securities

South Korea's People Power Party on July 31 criticized government policy on single-stock leveraged ETFs after Bae Jae-gyu, CEO of Korea Investment Trust Management and known as the 'father of Korean ETFs', issued repeated investment warnings about Samsung Electronics and SK Hynix leveraged

Dongwon Systems recorded an operating profit of 31.4 billion won in Q2, a 21.1% increase compared to the same period last year, according to a disclosure on July 31. The company posted revenue of 402.2 billion won, up 9.8% year-on-year. The growth was driven by expanded exports of high-value-added p