Gate Insights and Crypto Market Analysis

Genius Sports signed data partnership agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, supplying real-time official soccer data and integrity services to both prediction-market platforms. The company announced the deals after reporting second-quarter revenue up 65% to $195.5 million on Aug

Kim Yong-seok, Chief Investment Officer of the Armed Forces Mutual Aid Association's construction investment division, secured a one-year reappointment. The Association held an Operating Committee meeting on the 29th of last month and unanimously approved the reappointment proposal, which received M

Jim Cramer named 5 investing themes and 13 stocks to buy on Thursday's Mad Money episode. The CNBC host said this earnings season reinforced each trend, spanning consumer spending, AI infrastructure, cybersecurity, mergers and acquisitions, and healthcare. Market data shows his selections range

Korean retail investors net purchased $4.6 billion of US stocks last month, according to Korea Securities Depository data cited by Reuters. The purchase volume far exceeded the monthly average of $2.7 billion recorded last year. The shift follows KOSPI's continued decline over several weeks, with th

The US Treasury's Office of Foreign Assets Control sanctioned two Iranian digital asset exchanges, Shelbit and Aban Tether, along with network operator Siavash Kayvanpour on Friday. The designations targeted crypto transfers tied to Iran's Islamic Revolutionary Guard Corps. The action marks the

AI growth stocks face persistent peak-out concerns as strong corporate earnings fail to lift share prices, according to a Kiwoom Securities report titled 'Delayed Rotation to Growth Stocks.' Over 80% of companies reporting US Q2 earnings beat market expectations, yet positive results have not

Simmtech, a PCB substrate manufacturer, is expected to benefit significantly from growing memory packaging substrate demand in 2024, according to Hana Securities analyst Kim Min-kyung. The company supplies both MCP substrates and module PCBs for SoCAMM, positioning it to capture stronger gains compa

Securities firms are advising investors to focus on short-covering opportunities as Korean stocks rebound from recent volatility. Nine stocks including LG Electronics and Hanwha Ocean have been identified as candidates that could deliver excess returns during the current consolidation phase,

US and Japanese authorities conducted coordinated foreign exchange market intervention to support the yen on dates 30-31 of last month, marking the first such joint action since 1998. Japan intervened with an estimated 6 trillion to 8.5 trillion yen on day 30 alone, while the US Treasury

The European Union is set to review the Markets in Crypto Assets (MiCA) framework to address the exclusion of non-EU stablecoin issuers like Tether from licensing. The regulatory review is influenced by the passage of the U.S. GENIUS Act and the Trump Administration's pro-stablecoin policies. Europe

Yuanta Securities researcher Go Kyung-beom recommended S&P 500 equal-weight covered call ETFs over Nasdaq 100-based products amid increased market volatility. The recommendation stems from ongoing uncertainty around hyperscaler capital expenditure justification and sustainability, which has

Japanese convenience store chain Lawson tested JPYC stablecoin payments on the 6th, implementing the system by adding a payment method to existing POS systems without requiring new terminals or system overhauls. NADA News reported that participants experienced the payment process at a Lawson store,

Volvo Cars has entered into agreements with battery suppliers CATL and LG Chem to introduce blockchain-based traceability for cobalt used in electric vehicle batteries, with the initiative scheduled to begin this year. The automaker aims to improve transparency across the supply chain for the

International Monetary Fund First Deputy Managing Director Dan Katz said Friday that domestic-currency stablecoins designed to reduce reliance on dollar-backed tokens could instead facilitate easier movement into digital dollars. Speaking at the University of Cape Town, Katz explained that once

Google, Amazon, and Microsoft reported Q2 earnings that addressed investor concerns about artificial intelligence infrastructure spending. The three companies demonstrated strong demand through significant contract backlog growth: Google Cloud's backlog reached $514 billion (approximately 729.2

NVIDIA is expanding its business scope from AI data centers into AI base station (AI RAN) equipment, according to a report from Hana Securities researcher Kim Hong-sik. The company is pursuing entry into both distributed unit (DU) and radio unit (RU) areas with a strategy to directly integrate

Korea Investment & Securities reported second-quarter net profit of 995.9 billion won on the previous day, an 84.7% year-over-year increase that exceeded market expectations. On the 8th, eight brokerages including KB Securities, Samsung Securities, and Shinhan Investment lowered their target

Seo Jung-ho, senior research fellow at Korea Institute of Finance, released a report on the 8th recommending that Korean financial authorities establish principle-based AI governance for financial institutions. The report titled 'Policy Tasks for Establishing AI Governance in Financial Companies' pr

South Korea's top five cryptocurrency exchanges recorded approximately 8 trillion won in combined trading volume during the week from July 31 2pm to August 7 2pm (Korean time), according to Digital Asset's analysis published August 7. The figure represents an 18.66% decline from the previous week's

Jimothy The Raccoon (JIMOTHY), a Solana-based meme coin, surged 331% on Saturday following a raccoon video post by Elon Musk on his X account. The rally occurred after Musk shared a clip created by Dogan Ural, xAI's Designer and Creative Ambassador, which drew more than 811,000 views within hours. T