Gate Insights and Crypto Market Analysis

KOSPI closed at 6806.93 on July 13, down 669.01 points or 8.95% from the previous trading day, as the Korean stock market recorded its steepest decline for a comparable period since 2000. The index fell 19.7% in July's first nine trading days, driven by extreme volatility in semiconductor stocks

Five major South Korean securities firms — Mirae Asset, NH Investment, Samsung, Kiwoom Securities, and Korea Financial Group — are expanding overseas operations as part of a strategic shift to reduce reliance on traditional brokerage revenue, according to data released on the 13th by financial

International gold prices dropped over 2% on the afternoon of July 13 US Eastern Time, with August delivery gold futures falling $111.80 (2.72%) to $4,001.90 per troy ounce on the COMEX exchange as of 2:23 PM. The decline was triggered by the US military's announcement of a full reinstatement of

New Hampshire Governor Kelly Ayotte signed HB 639 into law last week, introducing the Blockchain Basics Law to protect cryptocurrency innovation and user rights in the state. The legislation establishes legal protections for blockchain developers, miners, validators, and businesses while creating a

AI crypto projects require rigorous pre-launch evaluation as roughly 98.6 percent of tokens launched on AI agent platforms fail, according to research cited in industry analysis. Electric Capital reported a 55 percent year-over-year increase in developers actively building within AI crypto projects,

FX and CFD brokers are using AI to predict client value, engagement, and churn as rising acquisition costs and regulatory pressure push the industry away from volume-based onboarding toward behavior-based client qualification. Prakash Bhudia, Chief Growth Officer at Deriv, and Ivan Kunyankin, Data

Anthropic published research on Monday analyzing how its AI assistant Claude expresses different values depending on the model version users select and the language they communicate in. The company examined 309,815 anonymized user conversations involving subjective tasks like giving advice or

PI, the native token of the Pi Network, dropped 17% on Monday, briefly reaching a new all-time low of $0.0785 amid reports that the project's pioneers are selling the digital asset. The decline was attributed to sustained selling pressure from early participants. The token's downturn reflects

Senate Democrats escalated opposition to the Clarity Act on Monday, with Sen. Elizabeth Warren (D-MA) writing a letter demanding the crypto bill include ethics rules barring President Donald Trump and his family from profiting off the sector. Warren's letter follows filings revealing Trump made

SK Hynix and Samsung Electronics drove KOSPI below 6,800 on July 13 as the index suffered its steepest intraday decline in two months. SK Hynix recorded a 15.37% drop, its largest single-day decline since listing in December 1996, shortly after successfully listing American Depositary Receipts

The U.S. Central Command announced Monday that U.S. forces will enforce a maritime blockade on vessels entering or leaving Iranian ports starting July 14 at 4 p.m. ET. President Donald Trump stated the Strait of Hormuz will remain open for all nations except Iran, escalating pressure on Tehran

Webull's European unit secured authorization under the European Union's Markets in Crypto-Assets Regulation, giving the online brokerage regulatory approval to launch crypto custody services from the Netherlands. The approval came shortly after July 1, 2026, the final deadline for transitional

US-Iran tensions around the Strait of Hormuz escalated this week as Iran demanded all vessels use the northern corridor under its supervision, while commercial traffic continues through the southern corridor protected by the US Navy. The conflict emerged as a trigger for renewed strikes between the

ARK Invest issued a prediction on the newly launched Open USD (OUSD) stablecoin on July 8, with director of digital assets Lorenzo Valente dismissing the notion that OUSD threatens the dominance of Circle's USDC and Tether's USDT. Valente wrote a post on X stating the industry is vastly

El Salvador holds approximately 7,706 BTC valued at $474 million as of July 2026, ranking fifth among sovereign Bitcoin holders globally. The country secured a $1.4 billion IMF Extended Fund Facility in December 2024, agreeing to confine public-sector Bitcoin purchases and make merchant acceptance v

Polymarket-based DeFi startup Gondor unveiled v1, the first margin account for Polymarket, announced via X on Monday. The product enables users to cross-margin their Polymarket positions to borrow against their entire portfolio and use the credit to buy more shares. This advancement addresses

Chinese prosecutors published arguments on the Supreme People's Procuratorate website calling for more proactive cryptocurrency money laundering investigations, stating that digital asset technology has moved faster than the country's current legal and investigative framework. The prosecutors

Apple filed a lawsuit Friday against OpenAI, seeking injunctions after a former employee allegedly exploited an authentication bug to steal confidential information. Chang Liu, who left Apple for OpenAI in January 2026, discovered the bug on February 9 that allowed him to access Apple's shared

Bitcoin dropped to $62,037 on Monday as weekend military clashes between U.S. and Iranian forces raised concerns about a potential energy crisis. The cryptocurrency fell from a 24-hour peak of $64,385 late Sunday to $62,037 by 10:15 a.m. EST Monday, according to market data. The decline followed U.S