Gate Insights and Crypto Market Analysis

The leading BIP-110-supporting miner Roughnecks announced on X on Aug. 9 that it was stopping mining and called on all miners still mining the BIP-110 chain under the current algorithm to stop. The split between the Bitcoin main chain and the BIP-110 chain began at block height 961,632. After the split, the BIP-110 chain mined only one additional block, 961,633, before entering a complete standstill. BIP-110 Chain Stalled After Only One Additional Block Following Split: Hashrate Comparison and D

The US Department of Defense is urging defense contractors to accelerate weapons production to replenish stockpiles depleted by the Iran war, according to a statement from Pentagon spokesperson Sean Pannell on the 9th. Deputy Secretary of Defense Stephen Feinberg sent a letter to industry leaders on

Robin Brooks, a Brookings Institution researcher and former Goldman Sachs foreign exchange analyst, forecasted that the Jackson Hole symposium scheduled for the end of this month may trigger a resumption of the gold rally as central bank chiefs signal potential rate cuts. Brooks published a blog ana

Hyundai Motor faces a strategic inflection point as hybrid electric vehicle (HEV) demand weakens in global markets outside the United States, prompting analysts to forecast a faster transition toward physical artificial intelligence (AI) platforms. The automaker's global HEV retail sales

Bitcoin gave back its weekend gains on August 10 and was last quoted at $64,956. In an interview with Punchbowl News, U.S. President Trump said cryptocurrency is “important,” noting that he has seen more and more people use Bitcoin for payments and “not even consider cash anymore.” He said this provides some relief for the dollar and is a “good thing” for the United States; Trump further characterized support for cryptocurrency as a national security issue. Trump: Cryptocurrency Is a “National S

If you felt the market move but failed to keep up, it wasn't your fault—the market made a major shift in expectations within 45 minutes of the NFP release during the final two trading days of last week. But the real conflict was not macroeconomic; it was a violent rupture within the AI industry chain. U.S. July NFP unexpectedly fell by 23k jobs (versus expectations for an increase of 80k), while the prior figure was revised down by a combined 103k, and the probability of a September rate hike pl

Seoul's bond market monitored foreign investor activity on August 10 following US employment data releases, with traders assessing implications for the Bank of Korea's monetary policy stance. Korean 3-year Treasury yields rose 0.2

Bank of Korea announced on the 10th it will purchase domestically produced gold from local producers at international market prices, marking its first gold acquisition since 2013. The central bank will pay in Korean won, which effectively increases foreign exchange reserves while injecting

South Korea's five major commercial banks suspended or restricted household lending channels after exceeding their annual loan growth targets by over 1 trillion won as of the 6th. Hana Bank halted non-face-to-face

South Korea's Finance Ministry and Ministry of Land, Infrastructure and Transport are reviewing an extension of the real-residence obligation exemption for homes in land transaction permit zones, according to government sources on the 10th. The ministries are also examining expansion of exception

Kakao Pay Securities launched fractional stock trading for domestic Korean stocks on the 10th, enabling investors to purchase shares in 1,000 won increments with a minimum trading unit of 0.0001 shares. The service aims to lower entry barriers for small investors and recent graduates who

Korean stock markets posted strong gains on August 10, with the KOSPI index rising 1.29% to 6339.78 as of 9:07 AM local time, driven by semiconductor stocks and individual investor buying. The rally was led by Samsung Electronics and SK Hynix, which gained 1.95% and 2.11% respectively. Individual in

President Lee Jae-myung chairs the second public-private joint inspection meeting on South Korea's three mega-projects on the 10th at 2pm at Cheongwadae. The meeting aims to review regulatory frameworks and government support systems to ensure large-scale private investments transition from plans to

Institutional capital returned to US Bitcoin spot ETFs with $853.54 million in net inflows during the week ending the 7th. This marked the largest weekly inflow since mid-April, according to cryptocurrency data platform SoSoValue as reported by CoinDesk on the 9th (US local time). BlackRock's

European and UK stock markets reached all-time highs while South Korea's KOSPI showed limited recovery, reflecting a global shift in market dynamics away from semiconductor concentration. UK stocks hit a record on the 31st of last month, and European indices reached their peak on the 7th,

Solana reached approximately 6 million monthly USDC senders, more than any other blockchain, according to recent network data. The figure represents a more than tenfold increase since late 2023, reflecting sustained growth in the network's payments activity. The milestone positions Solana as a

US stock market futures held largely flat in early August 2026 as investors awaited the July Consumer Price Index report scheduled for August 12 at 8:30 a.m. ET, while simultaneously pricing in uncertainty from the ongoing US-Iran conflict that has lasted roughly five months. The S&P 500

Berkshire Hathaway spent $39.4 billion on equities during the first half of 2026 and repurchased $4.8 billion of its own stock, marking the conglomerate's most aggressive capital deployment in years. The equity purchases are more than five times the $7.1 billion spent during the same period in 2025,