Gate Insights and Crypto Market Analysis

Google opened applications on 21 July for the 2026 Google for Startups Accelerator: South Africa, a three-month program designed to support 15 growth-stage, AI-driven South African-led startups. The program offers up to R1 million in equity-free funding per startup, technical mentorship, and

Global investment banks issued a collective 'bottom call' on Korean stocks as the KOSPI index descended to the 6000-level, stating that share prices have reached a low point without fundamental damage. The assessment coincides with rebound signals from domestic and international semiconductor stocks

US spot Bitcoin ETFs recorded six consecutive days of net inflows totaling approximately $930 million, their longest positive streak since April, according to SoSoValue data. The final session alone added $203.1 million. The streak followed an eight-week outflow period during which investors

Vident, the second-largest shareholder of Bithumb Holdings with a 30% stake, received a postponement of its Kosdaq delisting review on the 22nd. The Korea Exchange Kosdaq Market Division granted the company a five-month improvement period following deliberation on the delisting matter. The postponem

Semiconductor stocks fell in premarket trading on Wednesday, reversing gains from the previous two sessions. Intel stock led declines with a 2.7% drop, while Advanced Micro Devices and Nvidia stocks fell 1.8% and 0.9%,

MEXC has appointed Robert MacDonald as Chief Compliance Officer as the cryptocurrency exchange expands into tokenized stocks, exchange-traded funds, commodities and other products linked to traditional financial markets. MacDonald, who previously served as Chief Legal and Compliance Officer at

JP Morgan maintained its 12-month KOSPI target of 12,500 in a report released on the 21st, citing approximately 75% completion of leverage ETF liquidation to appropriate levels and stabilizing foreign investor selling. The global investment bank attributed recent market volatility to forced

South Korean government bond yields surged on the 22nd as escalating US-Iran war tensions drove international oil prices sharply higher. The 3-year national bond yield rose 4.6 basis points to 3.913%, the 10-year climbed 6.6bp to 4.394%, and the 30-year increased 7.1bp to 4.635%, marking the

Aegis Asset Management is negotiating the sale of the Homeplus Yeongdeungpo store with a transaction closing targeted for the end of this month, as a 580 billion won loan tied to the property approaches its maturity date on next month's 5th. KB Securities consortium has been selected as the

Onchain analysts have listed $5, $8, and $13 as price targets for SUI, while crypto trader Michael van de Poppe flagged the token as showing 'early recovery signs' on July 13, as the altcoin season index climbed to 58. SUI currently trades near $0.78, up 1.6% over the past week but 85.7% below its a

SecondFi traced its loss of $2.6 million of ADA to a cryptographic flaw signature in the wallet software used by advanced external attackers in 374 wallets. The company remediated the vulnerability, released recovery measures, and revealed its intentions to close SecondFi and Yoroi wallet

AI data center infrastructure firm Super Micro Computer (SMCI) received tens of billions of dollars in new orders in the last three months, driving its stock price up close to 20%, according to The Kobeissi Letter. The massive order influx reflects explosive demand in artificial intelligence infrast

XRP is trading around $1.13, up about 2% over the past 24 hours, as a Senate deadline approaches this month that traders view as a potential catalyst for regulatory clarity. The modest gains mask underlying uncertainty, with the asset increasingly driven by legislative developments rather than

Minor investors in Korea achieved the highest stock returns in the first half of the year, with teenagers recording approximately 40% gains and children under 10 earning around 30%, according to an analysis by Mirae Asset Securities of accounts holding over 1 million won. The high returns stem

Joby Aviation stocks closed at $7.66 on July 21, 2026, down 63% from its 52-week high of $20.95 and near its 52-week low of $6.89. The decline followed a June 30, 2026 corporate filing that disclosed Toyota holds 51% of a manufacturing joint venture formed June 29, 2026, with most capital

Securities firms withdrew seeding capital this month from Korean equity private funds after losses hit 10-15% internal thresholds. The withdrawals targeted funds from VIP, NH Hedge, Double U, and Quad Asset Management established in May-June when KOSPI peaked near 9000 points, according to

Market analysts expect LG Innotek to join the MSCI index in the August regular review, while four stocks face likely exclusion, ahead of the announcement scheduled for the 13th of next month. Samsung Securities assessed LG Innotek's inclusion probability at 100% and estimated approximately 313

The USD-KRW exchange rate closed at 1,480.10 won in the Seoul foreign exchange market, up 6.70 won from the previous trading day's close of 1,473.40 won, marking its first upward close in Seoul trading in seven sessions. The currency pair rose in response to Middle East geopolitical risks that

The South Korean government is preparing supplementary measures for single-stock leveraged exchange-traded funds (ETFs) following President Lee Jae-myung's directive for additional policies beyond measures announced on July 21. The government is working with the Capital Market Research Institute to