Gate Insights and Crypto Market Analysis

The Bank for International Settlements (BIS) published a report on the 29th warning that AI uncertainty could increase central bank policy error risk. The report, titled 'Artificial Intelligence and the Global Economy: Implications for Central Banks,' stated that if central banks overestimate

Japanese stocks rose on the morning of July 29 ahead of the Federal Open Market Committee (FOMC) meeting results announcement. At 9:22 AM, the Nikkei 225 index traded at 63,027.04, up 662.12 points (1.06%) from the previous session, recovering the 63,000 level after falling nearly 4% the prior

KB Securities research head Jin Dong-won said on July 29 that the KOSPI Index is undergoing an excessive adjustment, with the monthly decline in July reaching 28.9%, surpassing the monthly drawdowns seen in the past two major financial crises. Jin Dong-won said that this adjustment was driven by extreme selling tied to market sentiment rather than fundamentals, “and instead will become a platform for a strong rebound,” analyzing that “the semiconductor industry is nearing the end of an extreme a

Trade.xyz, the operator of stock perpetual futures on Hyperliquid, announced on July 28 (local time) that it will compensate users affected by forced liquidations caused by a sharp drop in SKHYNIX (SK Hynix) mark price on July 27. The mark price fell from $1,127.9 to $917.25 at 23:01 UTC on July 27,

CME Group filed a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) challenging the regulator's approval of on-chain perpetual futures products from prediction market platform Kalshi and Coinbase. The lawsuit, filed last June, argues that the CFTC's approval of these products

South Korea's National Assembly Finance and Economy Planning Committee stated on the 29th that abolishing digital asset taxation requires careful review. Senior Expert Choi Byung-kwon made the statement in a review report on an Income Tax Act amendment, citing concerns that reversing the

The Digital Asset Exchange Alliance (DAXA) held a briefing on May 28 at Dream Plus Gangnam in Seoul for non-KRW digital asset exchanges regarding the Telecommunications Fraud Damage Refund Act. The session aimed to prepare exchanges for the law's implementation on October 1. The revised law

On July 28, Japan’s Kumamoto Prefecture was hit by a magnitude 7.1 earthquake; less than 30 minutes after the quake, a massive blast occurred at Aeon Mall Kumamoto, located in Kashima-cho on the southeastern outskirts of Kumamoto City. Ironically, Aeon Mall Kumamoto had undergone major reinforcement and renovation under the banner of “a mall with stronger disaster-resilience capabilities” after the 2016 Kumamoto earthquakes, and completed its latest renovation and reopened on June 13 (just 45 da

Hanyang Securities is facing higher interest rates on its commercial paper (CP) and electronic short-term bonds compared to securities firms with similar credit ratings, according to market data from July 28. On that date, the firm issued 30 billion won in 3-month electronic short-term bonds at a 4.

Claude AI shared conversations became searchable through Google after Reddit users discovered that the query 'site:claude.ai/share' surfaced publicly accessible chats containing legal advice, engineering work, and personal discussions. The issue centered on Claude's optional public share links,

PayPal Holdings Inc. (PYPL) shares rose about 4% at the close during regular trading hours on July 28. Earlier, the company reported Q2 EPS and revenue that both exceeded expectations and raised its full-year guidance; after hours, the stock fell 0.18%. Morgan Stanley maintained an “Underweight” rating, saying that executing the company’s internal transition strategy could create “significant value” for shareholders, and noting that PayPal is trending toward stability rather than facing immediat

South Korean investors purchased a net $3.589 billion in US stocks from July 1-27, according to Korea Securities Depository data reported by The Fact on July 29. The buying surge—5.5 times June's $632.96 million total—occurred despite government incentives designed to redirect capital to domestic

Minister Park Hong-geun of the Budget Planning Office announced on the 29th that the future response fund will be utilized as a fiscal stabilization mechanism to respond to tax revenue shortfalls and strengthen fiscal capacity. Speaking at a National Assembly Finance and Economic Planning

IBK Industrial Bank of Korea released its 2026 Small and Medium Enterprise Financial Status Survey on the 29th, revealing that one in four domestic SMEs expects business conditions to worsen next year compared to this year. The survey found 25.7% of respondents anticipate deteriorating conditions, a

The International Monetary Fund (IMF) said in its July report on stability assessments of Brazil’s financial system that since 2017, the use of cryptocurrencies—especially stablecoins—has been growing steadily and has now surpassed traditional channels to become the main way for cross-border funds to flow into and out of Brazil. At the same time, Argentina’s BIND Group and the Peterson Group are rolling out a peso stablecoin via subsidiaries, bypassing Argentina’s central bank ban since May 2022

Glass and electronic components maker Corning (NYSE: GLW) shares closed down about 12.10% on July 28, after the company released its second-quarter earnings report alongside a Q3 sales outlook that fell below market expectations. While Q2 adjusted earnings per share (EPS) came in at $0.78 (about 3.5% above analysts’ expectations), quarterly sales missed market forecasts. Corning Q2 2026 Earnings Breakdown The key figures from Corning’s Q2 2026 earnings are as follows: adjusted EPS was $0.78, hig

CJ CheilJedang is pursuing the sale of its starch sugar business division, according to investment banking industry sources on the 29th. The company has selected Samjong KPMG as the lead advisor for the sale process. The move follows CJ CheilJedang's organizational restructuring announced early

NH Investment & Securities analyst Kang Seung-won revealed that historical Federal Open Market Committee (FOMC) dissenting votes on rate hikes took an average of 224 days to translate into actual rate increases, based on analysis of policy decisions since 1990 when the Fed transitioned from

The Federal Reserve's July FOMC meeting is drawing Wall Street's focus as markets assign a 71% probability to a rate hold, according to FedWatch data reported on the 28th (local time). Analysts are concentrating on the potential intensity of hawkish messaging from the Fed rather than the rate

SK Telecom announced its proprietary AI foundation model A.X K2 on the 29th, stating the launch will support AI transformation across daily life and industrial settings in Korea. The model demonstrates improved mathematical and scientific reasoning capabilities as well as enhanced Korean language an