Gate Insights and Crypto Market Analysis

Korean retail investors known as 'Seohaggaemi' increased purchases of US stocks during this month (settlement basis 1st-16th), sweeping up 800 billion won worth of SK Hynix ADR shares, according to data from Korea Securities Depository's Seibro portal released on the 21st. The accelerated buying

International gold prices surged nearly 2% on July 21 (US Eastern Time) as bargain hunters entered at the $4,000 support level amid the ongoing US-Iran military conflict entering its tenth consecutive day. August delivery gold futures

Kim Hak-gyun, Research Center Director at Shinhan Securities, stated that the recent decline in Korean semiconductor stocks resembles a similar market correction one year ago during the AI industry's transition from the 'learning' phase to the 'inference' phase. The KOSPI has experienced daily

OpenAI appointed David Vélez and Robin Vince to its nonprofit and for-profit boards of directors on Tuesday. Vélez serves as CEO of Nubank, Latin America's largest digital bank, while Vince leads financial services company BNY. The appointments aim to provide complementary perspectives on

TSMC, the world's largest contract chipmaker, plans to raise production prices by as much as 10% from the start of 2027, according to Nikkei Asia. The increase is intended to offset higher materials and equipment costs and the expense of building plants outside Taiwan. The move changes the cost

The Digital Chamber filed a lawsuit Tuesday in an Illinois circuit court challenging the state's new law imposing a 0.2% tax on digital asset transactions. The complaint accuses Illinois of singling out digital assets by taxing them differently based on the underlying technology. The Digital Asset T

Foreign investors resumed purchasing Samsung Electronics and SK Hynix shares during the five trading days from the 14th to the 21st, after selling over 190 trillion won in Korean stocks year-to-date through the 13th. According to the Korea Exchange on the 22nd, foreign investors net purchased 3.4 tr

Korean domestic banks recorded a won-denominated loan delinquency rate of 0.67% at May-end, up 0.06 percentage points from April-end (0.61%), marking the highest level since October 2016 when the rate stood at 0.81%. The Financial Supervisory Service (FSS) attributed the two-month consecutive rise t

The Bank of Korea reported that the producer price index remained flat month-over-month in June, according to data released on the 22nd. Year-over-year, the index rose 8.6%. The stabilization follows a slowing trend from April's 2.7% monthly increase to May's 1.0% gain, with offsetting movements

Super Micro Computer announced Tuesday it now expects gross margin and adjusted gross margin between 15% and 17% for the June quarter, up from the 8.2% to 8.4% range management provided in May. The revision is primarily due to a favorable customer and product mix, the server maker said in a

The stablecoin market reached approximately $316 billion in total market capitalization as of June 2026, representing a 150 percent increase from $124 billion at the end of 2023, according to DefiLlama data. This growth coincided with the

US stock markets rallied on local time July 21, with the Nasdaq Composite surging 1.29% to 25,837.21 as semiconductor stocks rebounded sharply and corporate earnings exceeded expectations. The Philadelphia Semiconductor Index jumped 5.2%, its largest single-day gain in a month, while SK Hynix ADR

JP Morgan stated on the 21st that deleveraging in Korean stocks is nearing completion. The investment bank maintained its 12-month KOSPI target of 12,500 and 'overweight' recommendation. The approximately 28% decline in KOSPI from its June peak resulted primarily from leveraged ETF unwinding and

Falcon Finance launched the USDf card across more than 90 jurisdictions for verified users, enabling spending of tokenized assets online, in stores, and through supported mobile wallets. The card allows users to mint USDf by depositing approved collateral—including cryptocurrencies, tokenized

The USD/JPY exchange rate broke through 163 yen on the 21st (local time), reaching its highest level in 40 years. According to Yonhap Infomax currency data (screen 6416), the rate stood at 163.137 yen at 2:14 PM on the 21st, up 0.617 yen (0.380%) from the previous close. The last time the USD/JPY ra

An individual investor switched their entire portfolio to Samcheonang Pharmaceutical stocks after forced liquidation of an SK Hynix margin position, according to a post on online community Fmkorea on the 21st. The investor had posted on the 18th requesting a loan to cover 140 million won in margin d

Uphold has launched access to more than 4,000 U.S. stocks and ETFs for U.S. customers, adding traditional securities to a platform historically built around digital assets. The launch allows users to trade equities and fractional shares from the same app used for crypto trading, with plans to

Crypto launchpads helped blockchain startups raise 16.1 billion dollars through token launches in 2024, according to Qubit Capital data. These platforms connect early-stage projects with investors through structured token presale events at discounted pre-listing prices, replacing the unregulated

Japan, the United States, and South Korea are driving XRP's global adoption through institutional investment, trading liquidity, and regulatory support, according to RippleXity, a decentralized news platform built on the XRP Ledger. Japan has invested an estimated $21.7 billion in XRP over the

House Agriculture Committee lawmakers held a digital assets subcommittee hearing Tuesday examining oversight of sports betting prediction markets, questioning whether existing laws and the Commodity Futures Trading Commission's resources adequately address the sector. The hearing focused on