Gate Insights and Crypto Market Analysis

South Korea's Fair Trade Commission approved Mirae Asset Consulting's acquisition of 92.06% of cryptocurrency exchange Korbit on July 9. The ruling marks the first time a subsidiary of a major Korean financial group has been permitted to buy a licensed digital asset exchange. Mirae Asset Consulting

Advanced Micro Devices Inc. (AMD) exceeded a $900 billion market capitalization on Thursday as shares surged nearly 8%, marking the third time the chipmaker crossed this threshold in less than a month. The stock hit $558.67 at 10:04 am ET, driven by continued investor optimism around AI-driven

MARA Holdings announced Thursday it is acquiring a 1,200+ acre powered site in Matagorda County, Texas from synthetic-fuels developer HIF USA. The site grants access to up to 1 gigawatt of grid capacity by October 2027 and up to 2 gigawatts by April 2028. The Miami-based Bitcoin-mining company

Interpol-coordinated law enforcement agencies arrested 5,811 suspects and seized $293 million in illicit assets across 97 countries during Operation First Light, which ran from January 15 to April 30, 2026. The four-month anti-fraud operation targeted crypto-linked money-laundering networks

Tapbit published a weekly trading leaderboard on July 9 claiming its top-ranked traders achieved multi-million-dollar volumes, then deleted the announcement from its X account. The exchange did not disclose individual trader figures, identities, or a methodology for calculating the rankings,

Bitcoin and Ethereum exchange supply has fallen to its lowest levels in recent years, according to data from cryptocurrency analytics company Santiment. Bitcoin supply on centralized exchanges has dropped to approximately 6.6%

Uniswap integrated Sky's LitePSM to enable DAI, USDS, and USDC trading routes at near-parity exchange rates with minimal slippage. The integration allows stablecoin conversions through Sky's official mechanism rather than relying solely on automated market maker liquidity pools, reducing price

NH Investment & Securities faces a decision on a Financial Supervisory Service (FSS) dispute mediation ruling issued last month 29th ordering the firm to compensate 60-70% of losses in bond-type wrap accounts. The FSS mediation committee found NH violated fiduciary duties by purchasing corporate

Binance withdrew its Markets in Crypto-Assets Regulation license application in Greece last month and is now seeking authorization in another EU member state, co-chief executive Richard Teng confirmed. The world's largest cryptocurrency exchange remains in close talks with EU regulators as it

Labour MPs are preparing to force the UK government to permanently ban political donations made in cryptocurrency through amendments to the Representation of the People Bill. MPs on Parliament's all-party anti-corruption group are canvassing support for four amendments, with one proposal replacing t

Donald Trump threatened to withdraw US troops from Europe during a refueling stop at RAF Mildenhall in Suffolk on the way home from the Turkey NATO summit. When asked about future American troop numbers in Europe, Trump stated 'a lot's gonna depend on Greenland.' The threat escalates ongoing

Seven US spot XRP exchange-traded funds now hold approximately $1 billion in assets and about 970 million XRP tokens as of July 8, 2026, following an eighth consecutive week of net inflows. The milestone comes despite minimal price movement in the XRP token itself, with cumulative net inflows

Grayscale Investments shared eight cryptocurrency use cases and representative tokens for the current market cycle. The asset management company identified categories spanning digital currency, global payments, high-performance infrastructure, and decentralized trading. Grayscale's framework

Cyberscope, the Web3 security division of TAC InfoSec Limited, has entered into a strategic partnership with Lumo Wallet to integrate AI-powered security tools into the non-custodial wallet ecosystem. The collaboration will embed Cyberscope's Cyberscan AI platform directly into Lumo Wallet,

As of July 9, 2026, vessel traffic through the Strait of Hormuz dropped to 25 ships, below the recent daily average of 30 to 50 ships. Following U.S. President Trump’s announcement that the US-Iran ceasefire agreement has ended and both sides are exchanging further strikes, this critical global energy corridor has once again entered a state of full conflict. Maritime analysts note that the shipping activity, which had been gradually recovering since mid-June, has collapsed. This is not a typical

IBM and Red Hat have launched Lightwell Network with immediate general availability and Lightwell Clearinghouse Premier in limited availability phase for financial institutions. The two services mark the first commercial rollout of Project Lightwell, which the companies unveiled in May to

Bitcoin mining companies TeraWulf (WULF), IREN, and Hut 8 (HUT) saw sharp stock increases on July 8, driven not by Bitcoin price movements but by growing investor interest in their artificial intelligence infrastructure capabilities. TeraWulf shares rose more than 12.8%, IREN climbed 8.01%, and Hut

Micron Technology boosted its U.S. investment commitment to $250 billion from $200 billion through 2035 on Thursday and laid the foundation for a new manufacturing facility in Clay, New York. The chipmaker aims to manufacture 40% of its DRAM domestically as part of efforts to strengthen the U.S.

SK Hynix Inc. could price its U.S. offering at $149 per American Depositary Receipt, valuing the issue at $26.5 billion according to a Bloomberg report. This pricing is slightly lower than the previously reported estimate of $29.4 billion, where ADRs were expected to be priced at $166 each, amid

PayPal announced Thursday it will issue its PYUSD stablecoin natively on Polygon network, expanding beyond its current availability. The move aims to increase adoption by making it easier for businesses to use PYUSD for global payment settlements through integration with Polygon's Open Money