Gate Insights and Crypto Market Analysis

Japanese stocks rose on the 9th, with the Nikkei 225 index climbing 1,144.04 points (1.71%) to 67,963.09 as of 9:17 AM, driven by overnight buying in US technology stocks. The rally followed US President Donald Trump's decision to soften his rhetoric on Iran after initially

Founded by Adam Back, CEO of Blockstream, the Bitcoin Standard Financial Company (BSTR), and Cantor Fitzgerald's special purpose acquisition company Cantor Equity Partners I jointly issued a statement on July 9, announcing the abandonment of the original SPAC merger agreement terms set for 2025 and the start of renegotiations. Joint Statement by BSTR and Cantor: Abandoning 2025 Merger Terms, Shareholders' Meeting Indefinitely Postponed According to the joint statement on July 9, 2026, BSTR and C

US semiconductor ETFs rebounded on the 8th (local time) after testing critical support levels amid a $2.1 trillion market cap selloff since June 22. The Philadelphia Semiconductor Index (SOX) closed 2.23% higher at 12,574.97, while the iShares Semiconductor ETF (SOXX) rose 1.87% to 562.03 and the

Samsung Electronics reported Q2 operating profit of 89.4 trillion won as Meritz Securities analyst Kim Seon-woo stated the semiconductor cycle structure has fundamentally shifted from B2C to B2B demand, with the supercycle potentially lasting 2-3 more years until big tech companies voluntarily

Manhattan Federal District Judge Analisa Torres on July 8 rejected Kalshi's request for a preliminary injunction to prevent New York State from applying gambling laws to its prediction market platform. Kalshi subsequently filed an appeal with the Manhattan Federal Court of Appeals. On the same day, Google updated its Chrome app store policies, banning browser extensions related to prediction markets, with the policy taking effect on August 1. Torres' Ruling on Kalshi's Loss: Three Legitimate Goa

Korean retail investors responded with humorous social media memes as the KOSPI index fell over 10% across two consecutive trading days on the 7th and 8th. The KOSPI dropped 4.91% on the 7th to close at 7,656.31, followed by a 5.35% decline on the 8th to 7,246.79. The sharp declines triggered

The Housing Industry Research Institute reported on the 9th that Seoul apartment occupancy rates fell to 86.4% in June, down 4.6 percentage points from May. Incheon-Gyeonggi occupancy also declined 0.2 percentage points to 81.4%, bringing the overall metropolitan area occupancy rate to 83.0%, a 1.8

South Korean government issued €1.7 billion in euro-denominated foreign exchange stabilization bonds on the 9th, marking the largest euro bond offering in the country's history. The dual-tranche issuance comprised €700 million in 3-year bonds and €1 billion in 7-year bonds, both achieving

South Korean Prime Minister Han Seong-sook announced on July 9 that the government will accelerate artificial intelligence transformation in the public sector, stating that the AI democratic government aims to create a capable and friendly administration where citizens are the owners. Speaking at th

DS Investment Securities raised its target price for Hyundai Motor stocks from 740,000 won to 840,000 won on July 9 morning, citing robotics business advancement. Hanwha Investment Securities maintained APR's target at 500,000 won while Mirae Asset Securities lowered OCI Holdings' target from 400,00

A Korean high school standardized exam included complex ETF terminology typically found in securities analyst reports, causing high error rates among students. The 2026학년도 7월 전국연합학력평가 national exam, administered the day before this report, featured questions on net asset value (NAV), tracking error,

KOSDAQ recovered above 800 on the 9th at 10 AM, rising 2.61% to 805.45 after falling to 785.00 the previous day. Institutions drove the rebound by purchasing 109 billion won worth of stocks while individuals and foreigners sold. The recovery followed a 5.56% drop the previous day that pushed KOSDAQ

Since early July, a deep fake video created using AI technology depicting Cristiano Ronaldo (C Ronaldo) has been widely circulated on platforms such as Instagram, Facebook, TikTok, and YouTube. In the video, the fake C Ronaldo claims, "If you invest all your money into USWR by the end of July, you'll be very happy," and directs viewers to a fake website; C Ronaldo has never made such statements. Source of the Deep Fake Video: An interview with La Vanguardia on July 3, where C Ronaldo praises Mod

Hyundai Card and Hyundai Motor announced on the 9th that they completed a proof-of-concept for stablecoin-based remittances between overseas subsidiaries and are ready for actual business implementation. The companies verified the technology's viability in real international remittance

Meta announced at a press conference in Calgary on July 8 that it will build a 1-gigawatt (1 GW), 2.9 million square foot AI data center in Sturgeon County, Alberta, Canada; the investment is estimated to exceed 13 billion CAD (about 9.2 billion USD), making it the company's first data center in Canada and its largest outside the United States. Data Center Specifications and Business Significance: 1 GW, 2.9 Million Square Feet According to Meta's official statement, the core specifications of th

Aave DAO approved the native deployment of its GHO stablecoin on Arbitrum, an Ethereum layer-2 network. The governance decision aims to expand GHO's liquidity and distribution within one of Ethereum's most active layer-2 ecosystems. The deployment provides Aave with an additional route to increase G

Seoul foreign exchange dealers expect the USD-KRW exchange rate to face slight upward pressure this day, driven by rebound demand after the previous day's 29.70 won drop to 1,498.50 won and Middle East geopolitical developments. US President Donald Trump stated 'we don't want a long war,'

iM Securities announced the issuance of 150 billion won in hybrid capital securities to secure additional revenue generation capacity. The issuance represents 13% of the company's consolidated equity as of Q1 2026. The capital raise aims to expand operations in bonds and over-the-counter

US stock futures climbed in the overnight session late Wednesday, reversing a sell-off triggered by escalating tensions between the US and Iran after President Donald Trump indicated the interim deal to end the conflict may be 'over.' Nasdaq 100 futures rose 0.19%, S&P 500 futures climbed 0.08%, and

US stocks closed mixed on Wednesday as the S&P 500 fell 0.3% and the Dow Jones Industrial Average dropped 1%, recording its worst day since June 10, while the Nasdaq 100 rose 0.3%. Oil prices surged after President Trump threatened further military action against Iran, stating 'we're going to hit th