Gate Insights and Crypto Market Analysis

Align Partners Asset Management accused Macquarie Asset Management of self-contradiction over the valuation of Gabia's tender offer on the 6th. Align stated that Macquarie applied a 21x EBITDA multiple when AirTrunk, a data center company Macquarie invested in, was sold for approximately AUD 24

Solana is challenging a descending trendline near $74.40 while attempting to end a record 10 consecutive monthly losses. SOL trades near $74.20 in the incomplete August candle after declining from above $180 at the start of the year. The

ING Bank maintained its forecast for a Federal Reserve rate freeze in September, warning that US July nonfarm payrolls risk falling slightly below market expectations. The bank released the assessment on the 5th local time in a report titled 'US Service Sector Robust, but Employment Weakness

Alphabet Inc. stocks experienced volatility following a major leadership reshuffle announced Wednesday, which saw Demis Hassabis step back from day-to-day operations at DeepMind to become Alphabet chief scientist and DeepMind chair. The changes coincided with Chief Scientist Jeff Dean's departure

Han Dong-hoon, Asia Market Head at Amplify ETFs, called Korea a 'testbed' for global ETF markets in a recent MoneyToday interview. Han stated Korean investors are the most active in adopting new ETF trends across Asia, citing foreign focus on Samsung Electronics and SK Hynix for their global

CLP Holdings CEO Chiang Tung-keung announced that the company's monthly fuel cost adjustment mechanism operates with a three-month lag, adjusting based on actual fuel prices from the previous quarter to cushion electricity price fluctuations. From January to August, oil price volatility drove

Michael Burry warned that current US stock market conditions could produce a selloff comparable to the 1987 crash, as the S&P 500 returned to record territory on Tuesday. Burry cited concerns about market concentration, investor complacency, and leverage as key risk factors. The S&P 500

Nvidia (NVDA), Palantir Technologies (PLTR) and Caterpillar (CAT) stocks defied Michael Burry's bearish positions over the past week, with PLTR surging 29%, NVDA climbing 15% and CAT gaining 11%. The 'Big Short' investor's shorts stem from his late 2025 bearish AI trade, which began with large put p

Hanwha Aerospace and Korea Zinc reclaimed 'emperor stock' status on August 6 as both stocks surged above 1 million won per share. Hanwha Aerospace closed at 1,054,000 won, up 4.67%, while Korea Zinc jumped 12.69% to 1,234,000 won, according to Korea Exchange data. The rally followed Hanwha Aerospace

Polymarket prediction market shows a 17% probability for passage of the US CLARITY Act by year-end 2026, as of 4:30 PM Korean time on the 6th. The probability represents a 65 percentage point decline from the 82% recorded on February 20. Market expectations weakened due to Senate schedule delays

Elon Musk announced on the 4th local time that SpaceX will exclusively use NVIDIA chips for artificial intelligence infrastructure, causing AMD stocks to plunge 7% on the 5th while NVIDIA stocks rose 3.4%. Musk stated during a SpaceX earnings conference call that the company decided to build an excl

L&C Bio Co., Ltd. (290650.KQ) shares jumped nearly 12% Thursday on plans to develop a facial filler made from donated human fat, targeting the gaunt appearance some users of GLP-1 drugs develop after rapid weight loss. The KOSDAQ-listed stock reached 64,600 won intraday, up 11.76%, extending a

On August 5 Beijing time, as the U.S. July ADP employment report was released, the labor market sent an unexpectedly weak signal, once again disrupting global financial markets’ pricing of the Fed’s policy path. As the “gold standard” for gauging the health of the U.S. economy, NFP data is not only a short-term catalyst for U.S. Treasury and dollar movements but also a key variable determining the direction of global risk-asset valuations. Against the backdrop of the ongoing debate within the Fe

Korea Investment & Securities forecasted that corporate tax interim payments in August will reach approximately 46 trillion won or more, driven by improved semiconductor sector earnings in the first half. Analyst Moon Da-woon stated that this represents a significant increase compared to typical Aug

South Korea's Trade Minister Yeo Han-koo held a virtual meeting with UK's newly appointed Trade Secretary Anas Sarwar on August 6 to discuss bilateral trade concerns. The meeting addressed South Korea's energy security concerns regarding the UK's planned full ban on Russian liquefied natural gas

Sixty-three companies listed on Korean stock exchanges received management stock designation warnings on the previous day, according to the Korea Exchange electronic disclosure system. The warnings affect 16 companies on the KOSPI market and 47 on the KOSDAQ market. The surge in warnings follows

Bitcoin traded at $64,772 as of 4 PM on the 6th according to CoinGecko, despite US spot Bitcoin ETFs recording net inflows for three consecutive trading days totaling over $600 million. The inflows occurred on the 3rd ($170.1 million), 4th ($211.5 million), and 5th ($244.4 million), yet Bitcoin

Nintendo reported fiscal first-quarter earnings for the period ended June 30, beating analysts' revenue and profit estimates despite a 34.4% decline in Switch 2 hardware sales. The Japanese gaming company posted revenue of 517.8 billion yen ($3.28 billion) and net profit of 147.4 billion yen, both e

Upbit and Bithumb, South Korea's top two cryptocurrency exchanges, saw initial trading volumes for newly listed digital assets decline sharply between Q1 2025 and Q2 2026, with Upbit down 78% and Bithumb down 50%. The decline followed a market downturn that began in October 2025, reducing overall li