Gate Insights and Crypto Market Analysis

South Korea's KOSPI stocks fell over 30% in July, ranking last among major global stock markets during the same period. The decline occurred as circuit breakers were triggered on both the KOSPI and KOSDAQ exchanges for two consecutive days, marking an unprecedented event in the history of both marke

The Federal Reserve voted to hold interest rates steady on Wednesday, triggering the Dow Jones Industrial Average's worst single-day decline since April 2025 with a 1,153-point drop (2.19%). Three of the twelve Federal Open Market Committee members dissented and advocated for a rate hike instead. Th

The Korean Financial Investment Association announced self-regulatory measures on the 30th to stabilize markets and protect investors in single-stock leveraged products. The measures followed an emergency meeting held the previous day at 3 PM, chaired by Association Chairman Hwang Sung-yeop, with

SK Hynix stocks fell 7.85% to 1.291 million won as of 9:43am on the 30th, extending a three-day decline to 29% from the 27th closing of 1.819 million won, according to Korea Exchange data. The stock dropped 16.16% on the 28th and 7.54% on the 29th. The decline followed second-quarter earnings that m

Kim Myung-sil, a researcher at iM Securities, stated on July 30 that three interest rate hikes by the Bank of Korea in 2026 remain possible, citing stronger-than-expected second-quarter GDP growth driven by both exports and private consumption recovery. The analyst emphasized that if back-to-back ra

Kim Myung-sil, a researcher at iM Securities, stated in an interview on July 30 that the Bank of Korea could implement three interest rate hikes this year, including a potential back-to-back increase in August. The forecast is based on Q2 GDP growth that showed improvement in both exports and

Microsoft, ARM, Qualcomm, and Meta reported divergent earnings results on 29일 (local time) as markets evaluated whether AI infrastructure investments are translating into revenue growth. Microsoft exceeded expectations with strong cloud and AI service performance, while ARM and Qualcomm faced

Jeff Gundlach, known as the 'Bond King,' stated on the 29th local time that the bond market is signaling the Federal Reserve should raise interest rates. Speaking to CNBC immediately after the Fed's rate decision this month, Gundlach said the Fed needs to increase the benchmark rate if it truly

People Power Party leader Jang Dong-hyuk criticized the recent stock market crash on July 30 at a National Assembly Supreme Council meeting, calling the KOSPI and KOSDAQ declines criminal conduct requiring investigation. The criticism followed two consecutive days of circuit breaker triggers on

Online broker Robinhood released its Q2 earnings on July 30, setting historical highs for both quarterly revenue and profit. Q2 revenue rose 32% year over year to $1.31 billion, while net profit increased 48% year over year to $573 million. However, cryptocurrency trading revenue fell from about $160 million in the same period last year to $100 million, down 38% year over year. Robinhood Q2 2026 Financial Highlights The key financial figures in Robinhood’s Q2 2026 report all hit historical highs

Meta CEO Mark Zuckerberg discussed the company's AI infrastructure capacity allocation strategy during the second-quarter earnings call on Wednesday, outlining the trade-off between selling excess computing power and preserving it for internal AI development. The comments came as Meta issued a

The American Arbitration Association (AAA) announced on July 30 that it has formed a Web3 expert panel for blockchain and digital asset cases, enabling companies to access arbitrators with expertise in the technical and legal complexities involved in cryptocurrency disputes. The panel brings together arbitrators with experience in law, technology, academia, litigation, and digital asset business, aiming to address disputes arising from increasingly automated and decentralized commercial systems.

The US Federal Reserve (Fed) officially released its FOMC interest rate decision on July 30, with a vote of 9 in favor and 3 against, keeping the target range for the federal funds rate unchanged at 3.50% to 3.75%—marking the fifth consecutive meeting with no change. After the decision was announced, US stocks reversed from losses to gains, and Bitcoin (BTC) briefly broke above $64,000, but as of the time of reporting it had fallen back to about $63,725. FOMC decision outcome: 9 to 3 to keep rat

President Lee Jae-myung announced on July 29 (local time) in Santiago, Chile that overseas Koreans will be able to process financial powers of attorney digitally starting July 30 at 9 AM Korean time, eliminating the need to mail physical documents through international post. The new service

Global investment funds are redirecting capital from South Korean chip stocks to Hong Kong technology stocks in July, reversing earlier positioning strategies. The shift follows a memory chip market correction and a KOSPI index decline exceeding 30% in a single month. In July, the Hang Seng Index

US stock market traders executed a large-scale rotation from artificial intelligence and technology stocks to traditional value and defensive stocks in July, CNBC reported on July 29 local time. The Nasdaq Composite Index entered correction territory with a decline exceeding 6% during the month. The

Samsung Electronics approved a Q2 dividend of 374 KRW per share for both common and preferred stock at a board meeting held on the 30th, totaling 2.4559 trillion KRW in dividend payments. The dividend distribution is part of the company's 3-year shareholder return policy running from 2024 to 2026,

SK Hynix stock traded at 1.32 million won as of 9:30 AM on the 30th, down to roughly half its peak, yet Korea Investment Securities raised its target price from 3.8 million to 4.7 million won — a 23.7% increase. The divergence follows SK Hynix's announcement on the 29th of Q2 revenue of 79.3

Budweiser APAC (stock code 01876) reported profit attributable to shareholders of USD 473 million for the interim period ending June, up 15.65% year-on-year, with no dividend declared. The Hong Kong-listed brewer's first-half revenue reached USD 3.171 billion, rising 1.12%, while total sales