Gate Insights and Crypto Market Analysis

Korean brokerages and global investment banks issued diverging KOSPI forecasts following the index's 43.9% decline from its June 19 peak of 9384.59 to 5262.77 on the 29th of last month, closing at 6296.38 on the 6th with a 4.58% drop. Domestic securities firms lowered 12-month targets

Global gold exchange-traded funds saw holdings increase by 23.5 tonnes valued at $2.965 billion in July, reversing two months of outflows, according to the World Gold Council's monthly ETF report released Thursday. European-listed ETFs drove the inflows as investors took tactical advantage of

Park Un-seo, a civil servant working in Yeongju City, Gyeongbuk Province, accumulated 1 billion won in net assets over 10 years since entering civil service in 2014. The 30-something government employee achieved this milestone through a combination of low-cost regional living and systematic index

Korean healthcare stocks rebounded in recent days after a prolonged yearly decline. From the 3rd to the 6th, the KRX 300 Healthcare and KRX Healthcare indices rose 12.52% and 12.08% respectively, while the KOSDAQ 150 Healthcare and KOSDAQ Pharmaceutical indices climbed 20.84% and 15.51%. Analysts

Korean investors are shifting to a 'barbell strategy' targeting financial, cosmetics, and industrial stocks as semiconductor volatility intensifies. On the 6th, Samsung Electronics fell 6.3% to 230,500 won and SK Hynix dropped 10.37% after SanDisk announced below-expectation Q1 FY2027 revenue

Chris Mancini, co-portfolio manager of the Gabelli Gold Fund (GOLDX), argued that gold's secular bull market remains firmly supported by structural forces as prices climbed above $4,250 an ounce on Wednesday, marking a seven-week high. Mancini stated that persistent geopolitical uncertainty,

The Optimism Foundation released its Year 5 budget outlook on Thursday, projecting approximately 343 million OP tokens will enter circulation between May 2026 and April 2027. The disclosure arrived five days after OP hit its lowest price in history at $0.082043 on August 1. The report reveals two

Sweetgreen cut its full-year outlook Thursday, projecting steeper same-store sales declines due to consumer fears of eating fresh produce during the ongoing cyclospora outbreak. The salad chain's stocks fell more than 15% in extended trading following the announcement. Sweetgreen has not been

Wintermute USA has registered as a broker-dealer with the Financial Industry Regulatory Authority, granting the crypto trading firm access to US markets it could not legally operate in before. Chief Executive Evgeny Gaevoy said the firm will begin trading commodities and digital asset

Suno announced plans to add watermarks to AI-generated music outputs, CEO and co-founder Mikey Shulman stated in a blog post. The company aims to meet emerging industry standards for labeling AI content, giving platforms the option to mark content as AI or block it entirely. Streaming music

Grindr reported second-quarter revenue of $138 million, up 33% from a year ago, and raised its full-year guidance as CEO George Arison said the company's artificial intelligence investments are delivering measurable returns. The LGBTQ-focused dating platform on Thursday increased its 2026 revenue gu

Advanced Micro Devices said Thursday it entered into an agreement to acquire Taalas, a Toronto-based startup that makes chips for inference, as the generative artificial intelligence boom approaches its fourth anniversary. Taalas' accelerators are customized, or hard-wired for a single AI model, rat

Anthropic is hiring a custom silicon team to design chips for running its models, the company confirmed through a spokesperson. Business Insider noticed a job listing yesterday for a senior engineer with semiconductor design experience, with current openings visible on Anthropic's job board for a

Kathleen Allman, mother of late Ondo Finance founder Nathan Allman, filed a complaint in Delaware Court of Chancery on July 24 seeking control of the company and removal of Ian De Bode as chief executive and president. Allman alleges De Bode improperly assumed the CEO role without board approval

Uphold launched the Exa Credit Card, a Visa-powered product that allows XRP holders to borrow against their cryptocurrency holdings without selling their tokens. Introduced by Uphold U.S. President Nancy Beaton, the card is powered by Exactly Protocol, a decentralized finance lending platform, and e

Savers Value Village launched ThriftIQ, an AI-powered pricing platform designed to optimize product pricing across its men's and women's apparel assortment, the company told CNBC exclusively. The tool aims to reduce manual pricing work and bring greater consistency to the tricky-to-price thrift