Gate Insights and Crypto Market Analysis

Dongwon Industries [006040], the business holding company of Dongwon Group, announced on the 12th Q2 operating profit of 151.5 billion won and revenue of 2.572 trillion won, representing year-over-year increases of 13.3% and 9.0% respectively. The earnings growth was driven by improved performance i

L&C Bio Chairman Lee Hwan-chul and financial investor Now IB Fund 19 are selling shares ahead of the company's 140.6 billion KRW rights offering. Now IB Fund 19 sold 400,780 shares from the 5th to the 12th, recovering 23.8 billion KRW, while Chairman Lee announced on the 11th a plan to sell 826,276

SK Hynix perpetual futures recorded 1,610 billion USD in trading volume across 11 global exchanges from February 19 to 8th of this month per Eugene Investment & Securities. The surge reflects demand to price in semiconductor news occurring during Korean market closure. Perpetual futures operate 24 h

Gold spot prices recovered to $4,363.51 per ounce as of the 11th, rebounding from a sharp decline earlier this year. The precious metal had fallen 28.98% from over $5,500 per ounce in late January to near $3,900 in early July, pressured by US-Iran war concerns and Federal Reserve rate hike

Korean securities firms surpassed major banks in Q2 profits, marking a structural shift in the financial sector. Mirae Asset Securities recorded Q2 net profit of 1.9052 trillion won, exceeding all five major banks including Shinhan Bank (1.3015 trillion won), KB Kookmin Bank (1.124 trillion won), an

Kakao Pay announced it is preparing to issue a KRW stablecoin and build a global ecosystem, according to a job posting visible on the 12th. The South Korean fintech company stated it is positioning the stablecoin as a core pillar of next-generation financial infrastructure. Kakao Pay is

Democratic Party Representative Kim Hyun-jung proposed an amendment to South Korea's Capital Markets Act that would allow the Financial Services Commission to mandate leverage ratio reductions for single-stock leveraged ETFs without investor consent. The proposal, submitted the previous day

Daelim Corporation stocks closed at 1,813 won on a specific trading day, down 13.25% from the previous close of 2,090 won, after briefly hitting the daily upper limit of 2,715 won during the session. The sharp intraday reversal occurred within hours of a stock recommendation posted on Naver's

Susan Collins, President of the Federal Reserve Bank of Boston, expressed support for a rate hike next month if elevated inflation persists, according to an interview with the Financial Times on the 12th local time. Collins stated that businesses and households in the northeastern United States

TRON processed $2.1 trillion in USDT transfers during Q2 2026, according to Messari's State of TRON Q2 report. The network's circulating USDT supply reached $87.9 billion, surpassing Ethereum, while average daily transactions rose 8.7% to 11.8 million. The figures underscore TRON's role as a major s

Bank of Korea researcher Jang Jin-seong published an analysis on August 12 showing artificial intelligence expansion will create simultaneous upward and downward pressure on the neutral interest rate. Productivity improvements from AI increase investment demand and reduce savings, pushing the neutra

Sharplink, a Nasdaq-listed ethereum treasury company, reported a net loss of $394.3 million for the three months ended June 30, despite earning $11.2 million from staking its ETH holdings. The loss was driven by a $321 million unrealized loss on crypto assets held at fair value and $76.1 million in

Korea Blockchain Business Cooperative requested regulatory sandbox permission for virtual assets (digital assets) at a regulatory innovation forum on the 12th. The cooperative stated that pilot projects using the regulatory sandbox are needed for pre-inspection during the institutionalization

South Korean cryptocurrency investors moved approximately 700 trillion won from domestic exchanges to overseas platforms since 2021. Web3 research firm Tiger Research and blockchain analytics company Chainalysis released this finding on August 12 after tracking around 120,000 wallets identified as d

36 Korean securities brokerages earned a combined 89.35 billion won in commission fees from single-stock leveraged and inverse ETF trading between May 27 and July 31, according to data submitted to National Assembly member Kim Jae-seop by the Financial Supervisory Service. During the same period, re

Korean stocks saw trading volumes plunge to year-lows this month, with KOSPI daily average reaching 24.8215 trillion won as of the 12th, down 32.69% from the prior month, Korea Exchange reported. Weakened investor sentiment amid sluggish market conditions drove the decline, with standby funds also c

The USD/JPY exchange rate rose 0.12% to 159.420 yen as of 2:10 PM on August 12 in Tokyo foreign exchange trading, according to Yonhap Infomax. Ongoing Middle East geopolitical uncertainty applied downward pressure on the yen as international oil prices rebounded while Japanese financial markets

Daishin Securities released analysis on July employment trends, with researcher Jo Jae-woon stating that while Korea's July employment figures showed surface-level job gains, underlying signals indicate weakening labor market strength. According to the National Data Office data released on the 12th,

Mirae Asset Asset Management's TIGER KOSDAQ Active ETF achieved a 23.6% return in August as of August 11, outperforming the KOSDAQ index which rose 19.2% during the same period. The ETF exceeded its benchmark by approximately 4.4 percentage points through a sector diversification strategy that

Robinhood Chain led Layer 2 network revenue in July, generating approximately $3.6 million according to Blockworks Research. The Ethereum Layer 2 network outperformed Polygon PoS at $2.7 million and Base at $2.1 million during the same period. The revenue milestone demonstrates how traditional