Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Solana Price Tests $69 Support as Market Cap Slides to $42.8B

Solana is attempting to stabilize near the $69-$74 support zone after declining more than 75% from its peak near $295. The token's market capitalization stands at approximately $42.8 billion, reflecting a sharp contraction from its previous high above $120 billion. The decline returned SOL to a
SOL0.02%
DanielCarter·07-30 10:42
Solana Price Tests $69 Support as Market Cap Slides to $42.8B

Kumho Tire Q2 Operating Profit Rises 4% to 182.2 Billion Won

Kumho Tire disclosed on the 30th that its Q2 consolidated operating profit increased 4% year-over-year to 182.2 billion won, while revenue rose 9.1% to 1.3328 trillion won. The growth was driven by increased original equipment (OE) tire supply in North America and Europe and higher replacement
LucasBennett·07-30 09:59
Kumho Tire Q2 Operating Profit Rises 4% to 182.2 Billion Won

Pangilinan Announces Succession Plan with Tech-Focused Leaders

Manuel V. Pangilinan announced succession planning for his diversified business group during a Meralco briefing on Wednesday, July 29, identifying younger leaders in their 30s and early 40s to assume key positions. The 80-year-old tycoon, who chairs telecommunications giants PLDT and Smart, power di
LucasBennett·07-30 09:33
Pangilinan Announces Succession Plan with Tech-Focused Leaders

South Korean Investors Buy $749M US Bonds in Largest Monthly Purchase

South Korean retail investors purchased $749.2 million in US bonds this month (1-29th), marking the largest monthly net buying of the year, according to Korea Securities Depository data released on the 30th. The surge reversed a net selling position of $166.58 million in the previous month, driven b
LucasBennett·07-30 09:33
South Korean Investors Buy $749M US Bonds in Largest Monthly Purchase

Korean Stocks Short-Sellers Gain Double-Digit Returns During July Market Decline

Short-selling investors in Korean stocks generated substantial estimated returns during the one-week period from July 21 to July 28, according to data from Korea Exchange and Daishin Securities. Eight out of the top 10 stocks by short-selling ratio saw their prices fall below average short-selling p
LucasBennett·07-30 09:26
Korean Stocks Short-Sellers Gain Double-Digit Returns During July Market Decline

Bank of Korea Completes Project Agora Live Transaction Test

Bank of Korea participated in a live transaction test for Project Agora this month. The test confirmed that the platform's core functions, built in May, can operate stably in near-production conditions. Project Agora is a global initiative using tokenized central bank reserves and commercial bank
CryptoFrontier·07-30 09:12
Bank of Korea Completes Project Agora Live Transaction Test

HD Korea Shipbuilding Surges 10% on Q2 Earnings and MASGA Cooperation

HD Korea Shipbuilding & Offshore Engineering surged 10% on the 30th, closing at 368,500 won, while Hanwha Ocean and Samsung Heavy Industries rose 6.30% and 5.93% respectively, driven by strong second-quarter earnings from South Korea's shipbuilding Big 3. The rally reflected the companies'
LucasBennett·07-30 09:03
HD Korea Shipbuilding Surges 10% on Q2 Earnings and MASGA Cooperation

Australia Sues Telegram Over Alleged Terror Content Removal Failures

Australia's online safety regulator, the eSafety Commissioner, launched civil penalty proceedings against Telegram in the Federal Court on Thursday over allegations the messaging platform failed to remove terrorism-linked content. The authority alleged Telegram breached obligations under the
CryptoFrontier·07-30 09:03
Australia Sues Telegram Over Alleged Terror Content Removal Failures