Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

SK Hynix Targets $29B Nasdaq Offering as DRAM Jumps 4.2% Premarket

South Korean memory chip giant SK Hynix is raising 45.45 trillion won ($29.4 billion) through a share offering to U.S. investors next month to support a Nasdaq listing of American Depositary Receipts on July 10. The company will issue 17.79 million new shares, with proceeds earmarked for building a
NDAQ-0.04%
MU0.40%
LucasBennett·06-24 10:15
SK Hynix Targets $29B Nasdaq Offering as DRAM Jumps 4.2% Premarket

US House Sends Fed CBDC Ban Through 2030 to Trump's Desk

The US House cleared a sweeping housing package this week, sending legislation that bans the Federal Reserve from issuing a retail central bank digital currency (CBDC) through Dec. 31, 2030 to President Trump's desk. The Senate passed the bill 85-5 on June 22, folding a long-sought digital-dollar
EthanBrooks·06-24 09:38
US House Sends Fed CBDC Ban Through 2030 to Trump's Desk

Bank of East Asia Cuts Year-End Hang Seng Index Target to 27,100

Bank of East Asia lowered its year-end Hang Seng Index target to 27,100 points, down from an initial forecast of 29,000 points, citing weaker-than-expected second-quarter economic data from mainland China and slower profit recovery in heavyweight technology and consumer stocks. The HSI has
HK500.31%
LucasBennett·06-24 08:51
Bank of East Asia Cuts Year-End Hang Seng Index Target to 27,100