Gate Insights and Crypto Market Analysis

According to a Bloomberg July 13 report citing people familiar with the matter, fast-fashion giant Shein Global Holdings Ltd. is seeking an IPO in Hong Kong as soon as August after receiving approval from China’s securities regulator, the China Securities Regulatory Commission (CSRC). The IPO could raise between $2 billion and $3 billion; the final amount will depend on the company’s valuation and investor feedback, and related discussions are still ongoing. Bloomberg cites insiders: Shein could

Strategy (NASDAQ: MSTR) halted Bitcoin purchases for three consecutive weeks since the 22nd of last month, according to CoinDesk on the 13th (US local time). The company sold 3,588 Bitcoin between the end of last month and the 5th of this month, securing approximately $216 million in cash. This

The Korean government announced its second-half economic growth strategy on the 14th, outlining measures to accelerate housing supply while managing loan-driven demand at appropriate levels. The strategy aims to streamline regulations for faster housing delivery through redevelopment projects while

President Lee Jae-myung stated at a cabinet meeting held at Cheong Wa Dae on the 14th that the government must concentrate all efforts on stabilizing prices and real estate directly affecting citizens' lives, and gradually raise the potential growth rate to 3% by fostering ultra-gap and

Top 1% profitable traders at Mirae Asset Securities net-bought Samsung SDI most on May 14 morning by 11:00, followed by APR, Dalba Global, and SK. Samsung SDI shares declined as the stock traded at 416,000 won, down 24,000 won or 5.45% from the previous session as of 11:20 AM. The net-buy activity f

According to data from the blockchain tracking tool Onchain Lens, Circle again minted about $750 million worth of USDC on Solana on July 13, bringing its cumulative USDC issuance on Solana in 2026 to approximately $68.26 billion. Of the USDC created on Solana in 2026, only about 10.7% remains circulating on-chain. Technical implications of the issuance-to-circulation gap for Solana USDC in 2026 The report states that $68.26 billion refers to the total value of USDC issued on the Solana blockchai

Telegram’s core short-link domain, t.me, was set to a serverHold (suspended resolution) status on July 13 by the .me domain registry, causing the domain to be completely removed from the global DNS and making browser links worldwide fail. This outage only affected the web version short links. Telegram’s mobile and desktop apps continued to function normally, with no interruption to chats, calls, or message exchanges. serverHold is set at the registry level; the Telegram apps themselves are unaff

Hanwha Asset Management disclosed its second-half target date fund (TDF) investment strategy on the 14th, announcing plans to expand investments in semiconductors and AI infrastructure while reducing concentration risk in US large-cap technology stocks. The asset manager will increase allocations to

Anthropic has begun pricing Claude in rupees in India. India is Claude’s second-largest market by global usage (after the United States), accounting for approximately 5.8% of global usage. However, when converted to dollars, all three subscription tiers are more expensive than the original US prices. Additionally, the instant payment system UPI, which Indians use for daily transfers and bill payments, is not yet supported by Claude; users must pay via credit card or through app store billing, wh

US companies are increasingly adopting Chinese-developed AI models to reduce operational costs, a trend that accelerated since February 2026 with Congressional security investigations launched in April 2026. AI service provider Lindy switched all traffic from Anthropic's Claude to DeepSeek in

Hyundai Motor’s U.S. and Mexico subsidiaries have completed a pilot for cross-border transfers using the Tether USDT stablecoin, transferring $20,000 in approximately seven minutes on the Avalanche blockchain, whereas traditional cross-border bank transfers typically take more than 3 to 4 hours. The pilot process is as follows: Hyundai U.S. first converts funds into USDT, then transfers the stablecoin via the Avalanche network to Hyundai Mexico, and finally converts it back into dollars. Hyundai

According to industry insiders, on July 14, Samsung Electronics will cancel its existing free double storage promotion for the pre-order campaigns of the Galaxy Z Flip8, Galaxy Z Fold8 Ultra, and Galaxy Z Fold8 starting with the Galaxy Unpacked event held in London, England, on July 22, amid a surge in memory chip prices that is driving up smartphone production costs. Samsung’s first adjustment to the free double storage promotion since the Galaxy S23 in 2023 According to reports, Samsung Electr

Strategy unveiled its Bitcoin Banking Adoption Index on July 13, revealing that Fidelity leads major financial institutions with a 71% adoption score, followed by BNY at 46% and Goldman Sachs at 45%. The index measures how extensively 25 global banks and financial institutions have integrated

Truston Asset Management, the second-largest shareholder in Taekwang Industrial, sent public shareholder letters on July 14 to the company's management and independent board of directors, demanding a complete review of the value-up plan announced

U.S. lawyer Tyrone Blackburn was reprimanded again by a federal judge after citing AI-fabricated quotes in court filings for the entertainment company Roc Nation, marking the third time he was sanctioned over an AI hallucination issue. Tests of Lexis+ AI and AI tools from Thomson Reuters show that more than 17% of outputs contained incorrect information, and in some tests, the error rate was as high as 34%. AI-fabricated Quotes in the Roc Nation Lawsuit and Blackburn’s Prior Violations (Source:

Samsung Electronics and SK Hynix accumulated an estimated combined credit balance of approximately 12.5 trillion won, according to data from the Korea Financial Investment Association covering the period from May 27 to the 10th of this month. This figure represents 1.7 times the total credit balance

SK hynix Nasdaq ADR shares fell 9.32% on July 14, closing at $152.35; the drop wiped out the 13.1% gain from its first trading day last Friday, and the ADR trading price is now only slightly above the $149 IPO offering price. On the same day, SK hynix’s stock in South Korea’s KOSPI also plunged 15.37%, closing at 1.845 million won. SK hynix ADR closes down 9.32%, Korean stocks fall 15.37% on the day According to reports, SK hynix’s Nasdaq ADR shares closed at $152.35 on July 14, down 9.32% from

South Korean individual investors canceled 72,477 pension savings insurance policies during the January-May period to redirect funds into the stock market, according to data submitted by Rep. Song Eon-seok of the People Power Party from the Financial Supervisory Service and Korea Securities

On July 13, developer A Green Being posted a screenshot of unified.json logs on the X platform, accusing xAI’s development tool Grok Build—owned by Musk—of packaging his entire user home directory and uploading it to xAI servers. The leaked contents included his personal SSH key, password manager database, personal files, photos, and videos—“everything has leaked.” Evidence from A Green Being’s unified.json log screenshot (Source: A Green Being) According to the unified.json log screenshot share

On July 14, 2026, the US stock semiconductor sector suffered a systemic selloff. The Dow Jones Industrial Index fell 138.37 points, closing at 52,498.64 points, down 0.26%; the S&P 500 dropped 60.05 points to 7,515.34 points, down 0.79%; and the Nasdaq Composite plunged 1.55% to close at 25,873.18 points. Behind all three major indexes closing lower, the memory-chip segment became the hardest hit—the Philadelphia Semiconductor Index tumbled 4.78% in a single day, with all 30 constituent stocks c