Gate Insights and Crypto Market Analysis

Nokia shares fell about 5% on July 23, dropping from near €10 at the open to about €8.66, despite the Finnish telecom equipment maker’s second-quarter results coming in stronger than expected. Based on data from LSEG (London Stock Exchange Group), Nokia’s Q2 2026 comparable operating profit rose 18% year over year to €434 million, beating the average analyst estimate of €382 million. Nokia Q2 2026 earnings: Comparable operating profit of €434 million, ahead of expectations The key financial figu

The Trump administration announced 50% additional tariffs on most Canadian products on the 20th (local time), citing Canada's discriminatory treatment of US goods as justification. A US administration official stated that Canada must be held accountable as one of the few countries, excluding

Bank of China (Hong Kong) (02388) shares rose sharply, breaking through HK$50 and reaching a new high of HK$50.55, up as much as 4.5%. As of 9:50 AM, the stock traded at HK$50.15, up 3.7%, with turnover exceeding HK$330 million. Goldman Sachs released a report last week forecasting the bank's

Coinbase announced on X on July 23 that business users can now directly receive USDC payments from AI agents via x402 using standard payment methods, without any additional setup. At the same time, Coinbase launched an AI trading tool and a software development kit (SDK). Coinbase also disclosed that in June, traffic generated by AI agents first surpassed human traffic on Coinbase’s Base profile pages. Coinbase Business Directly Receives AI Agent USDC According to Coinbase’s official announcemen

On July 23, the global asset pricing system underwent a sharp repricing. The Brent crude oil futures Settlement Price closed at $100.69 per barrel, up 7.04% on the day, and for the second time in many days it returned above the $100 level. At the same time, the yield on the 10-year US Treasury intraday broke through 4.7%, reaching the highest level since January 2025. The DXY rose in tandem, closing at 101.445, up 0.32%. The simultaneous

Shinhan Financial Group approved a 2,700 billion won subordinated bond issuance on July 23. The company plans to issue in the second half and may increase the scale to 4,000 billion won based on demand forecasting results. The stated purpose is to maintain a stable capital ratio through additional T

HLG Genomics stocks fell 4.65% on their first trading day on KOSDAQ on the 24th, dropping to 20,500 won compared to the IPO price of 21,500 won as of 10:21 AM. The decline occurred despite the company attracting over 4 trillion won in subscription deposits during its initial public offering. The sto

Hyundai Engineering & Construction is forecast to post a Q2 2026 operating profit of 221.8 billion won, up 2.24% year-over-year, despite a 12.23% revenue decline to 6.776 trillion won, according to a consensus of 13 securities firms compiled by Yonhap Infomax on July 24. The profit growth is

Intel (INTC) shares rose more than 5% in after-hours trading on July 23, after the company’s previously released Q2 earnings sharply beat analysts’ expectations: adjusted EPS of 42 cents. Intel CEO Lip-Bu Tan said Intel achieved “the strongest revenue growth in more than 15 years,” driven by strong demand for AI hardware. Intel Q2 earnings data vs. analysts’ expectations According to Intel’s Q2 2026 earnings and Visible Alpha’s analyst survey, the key financial metrics compared with expectations

Hanwha Asset Management sold 193,075 shares of Lemon Healthcare on the company's listing day May 6, recovering approximately 3.1 billion won at 16,298 won per share. The asset manager's remaining 11.28% stake in Lemon Healthcare is now valued at approximately 8.7 billion won as of May 24,

Azerbaijan's State Oil Fund (SOFAZ) suspended gold sales in the second quarter of 2026, while Pakistan's gold reserves fell over 11.4% from May to June, as the Iran war continued to destabilize sovereign bullion holdings across emerging markets. SOFAZ cited high volatility in global financial and en

Tesla (TSLA) shares fell about 13.5% on July 23, marking one of the biggest single-day drops in the company’s history. So far this year, Tesla’s market cap has shrunk by about 27%. The drop came the day after the company released its second-quarter earnings report: Q2 earnings per share (EPS) were $0.31, far below Wall Street analysts’ expected $0.51. Tesla Q2 earnings: EPS of $0.31 below the expected $0.51 Tesla’s second-quarter earnings showed that Q2 earnings per share (EPS) were $0.31, below

The US Treasury designated Japan as a currency monitoring country on July 23 (local time) and recommended the Bank of Japan (BOJ) continue raising interest rates, according to a semiannual report to Congress. The Treasury stated that while global factors like financial market volatility and oil

Taiwan's banking, securities, and insurance sectors recorded total mainland China exposure of approximately 792.399 billion TWD as of May 2026, according to data released by the Financial Supervisory Commission (FSC). The figure represents a monthly increase of 2.85 billion TWD but remains 4.3%

Bank of Korea Governor Shin Hyun-song published a 2003 academic paper titled 'Beauty Contest and Cyclical Expectations in Asset Markets' that formalized John Maynard Keynes' metaphor comparing asset markets to beauty contests. The paper used microeconomic and mathematical models to demonstrate that

Hyundai Mobis disclosed on July 23 that its Q2 2025 consolidated operating profit rose 12.09% year-over-year to 975.2 billion won, while revenue increased 2.44% to 16.3247 trillion won, marking a quarterly record. The aftermarket service (A/S) business drove profitability despite weak production

XRPL Commons, a nonprofit organization supporting XRP Ledger development, unveiled a new grants program on July 23 targeting open-source developers, startups, and established blockchain companies. The program operates across three distinct tracks designed to support builders at different stages.

Robinhood CEO Vlad Tenev’s X account was hacked by an unknown party on July 24, launching a meme coin called “VLAD.” Within 20 minutes, it attracted more than 175k views. Onchain data firm Onchain Lens was the first to spot the anomaly and disclose it; the Robinhood Chain block explorer later flagged the token’s contract address as a scam. Onchain Lens First Disclosure and MLM On-Chain Data According to Onchain Lens and MLM’s on-chain monitoring report, the key figures from this incident are as

The Korean won strengthened sharply against the US dollar over 17 trading days, with the KRW-USD exchange rate falling from an intraday high of 1,559.20 won on the 1st to 1,465.10 won, despite rising dollar index and USD-JPY rates. Market analysts

The South Korean won's real effective exchange rate (REER) fell to 83.06 in June, marking its lowest valuation since March 2009, according to data released by the Bank for International Settlements (BIS) on July 24. The decline represents the fifth consecutive monthly drop from January's 87.02