Gate Insights and Crypto Market Analysis

U.S. companies are increasingly adopting Chinese-built AI models from DeepSeek and Z.ai as cost pressures mount and performance gaps narrow with American rivals. Since Feb. 8, Chinese models have accounted for over 30% of weekly token usage by U.S. firms on OpenRouter, a developer platform,

On July 6, at the AT&T Stadium in Arlington, Texas, USA, Spain defeated Portugal 1-0 to advance to the 2026 World Cup quarterfinals. The 41-year-old Cristiano Ronaldo confirmed after the match that this was his last World Cup, and he shed tears in disappointment. The $POR fan token was trading at around $0.18 before the match, and fell about 5.6% within 24 hours after Portugal's elimination, to $0.1279. Spain Eliminates Portugal 1-0, Merino Scores as Substitute in the 91st Minute According to Re

Korea Investment Corporation (KIC) opened its Tokyo office on the morning of July 7 in Marunouchi, Tokyo's financial district, to strengthen its global investment capabilities based in the Asia-Pacific region. The opening ceremony was attended by approximately 120 people, including KIC President

Strategy (MSTR), the publicly listed company with the largest Bitcoin holdings globally, has sold a portion of its Bitcoin holdings for the first time: selling 3,588 Bitcoins, cashing out approximately $216 million. Long-time Bitcoin critic economist Peter Schiff commented on X, stating that once Strategy begins selling Bitcoin, the market will find it hard to believe it is just a one-time adjustment, and he sees this as the start of a larger sell-off. Strategy Sells 3,588 Bitcoins: Use of $216

TeraWulf CEO Paul Prager said overnight that the company's newly announced long-term agreement with Anthropic reflects the collision between soaring demand for artificial intelligence infrastructure and limited power availability. The CEO stated electricity, rather than semiconductor production,

Ripple, a blockchain-based enterprise solutions company, received final approval for its CASP (Crypto-Asset Service Provider) license from Luxembourg's financial regulator CSSF on the 6th (local time). The approval follows preliminary approval in June and confirms Ripple's full compliance with the

Kraken launched an API Partner Program targeting trading platforms, brokers, and algorithmic trading desks that route professional order flow. The program offers lifetime revenue sharing tied to referred trading volume, aiming to capture professional and algorithmic traders rather than retail

Morgan Stanley recommended reducing exposure to memory semiconductor stocks including Samsung Electronics, SK Hynix, and Micron while increasing positions in hyperscalers on May 6 (local time). The global investment bank cited peak earnings momentum for memory chip makers and relatively higher

The United Nations Development Programme (UNDP) has expanded its collaboration with the Stellar Development Foundation to make blockchain-based aid payments a standard capability across its country offices. The agreement, which runs through 2027, aims to establish governance frameworks,

Hong Kong stocks fell in the half-day session, with the Hang Seng Index dropping 98 points or 0.42% to close at 23,517 points. The index opened down 47 points at 23,568 and briefly surged as much as 204 points to reach 23,820, touching the 20-day moving average at 23,794 points, before selling

DSRV, a blockchain infrastructure company, announced on the 7th its participation in the 'Ethiopia x K-Digital Connect 2026' forum scheduled for the 15th at its Seoul Gangnam headquarters. The forum, hosted by the Korea Fintech Industry Association, will focus on digital infrastructure cooperation s

Hanyang Securities faced minority shareholders in court on May 7 over a disputed 50 billion won share issuance. Seoul Southern District Court held a hearing on an injunction to block 2.389 million new shares allocated to majority owner KCGI Fund No. 2 at 21,000 won each, with payment due May 8.

Ripple is preparing beta tests for RLUSD, its dollar-backed stablecoin planned for both the XRP Ledger and Ethereum. The stablecoin is designed to complement Ripple's existing settlement products and enterprise payments strategy. Stablecoins have become widely used for payments, trading

BM Wallet has introduced a self-custodial prediction markets feature that enables users to forecast outcomes of real-world events directly from within the wallet. The feature has launched in select regions with the FIFA World Cup serving as the flagship prediction category, accompanied by a

Bitcoin rebounded after softer U.S. jobs data strengthened market expectations for Federal Reserve rate cuts, according to the U.S. Bureau of Labor Statistics. The softer employment figures supported the view that the Fed has more room to ease monetary policy. Bitcoin reacts to liquidity

Binance CEO Richard Teng warned in a July 6 opinion piece that fragmented implementation of the European Union's Markets in Crypto-Assets (MiCA) regulation could push crypto users, companies, investment, jobs and tax revenue out of Europe. The warning came as the MiCA transition period ended July 1,

Korean government bond yields showed mixed movements during morning trading on the 7th, with 3-year and 10-year yields declining while 30-year yields rose. The 3-year benchmark yield fell 0.5 basis points to 3.765%, and the 10-year yield dropped 0.5 basis points to 4.200%, while the 30-year yield cl

Korea Trade Insurance Corporation (K-sure) provided 143.8 trillion won in export support during the first half of this year, with 60.4 trillion won directed to small and medium enterprises, as the country's monthly exports surpassed $100 billion for the first time last month. Korea's exports

Korea Trade Insurance Corporation (K-sure) issued 570 billion won in Refund Guarantees (RG) to domestic shipbuilders in the first half, exceeding four times the full-year 2024 total of 142.1 billion won. The surge reflects active financial support to enable domestic shipbuilders to fully utilize

The European Union faces strategic pressure from China's control over rare earth supply chains critical to electric vehicles, defense industries, wind power, semiconductors, batteries, and advanced manufacturing. Reuters Breakingviews stated the EU can resist China's economic pressure, but only if i