Gate Cryptocurrency News and Market Analysis

Jeremy Siegel of WisdomTree said the Federal Reserve will likely skip a September rate hike if oil holds near $80 a barrel. Siegel, a professor emeritus of finance at the Wharton School, spoke as the S&P 500 topped 7,800 for the first time this month. The outlook followed this week's inflation

South Korea's Ministry of Land, Infrastructure and Transport announced on the previous day (the 13th) that the Korea Housing & Urban Guarantee Corporation (HUG) and Korea Housing Finance Corporation (HF) will expand PF guarantee supply to 33 trillion won next year, up from this year's target of 23 t

South Korea's Financial Intelligence Unit (FIU) stated on the 13th that registration reviews for virtual asset service providers (VASPs) can be suspended if criminal proceedings are underway against the applicant, representatives, executives, or major shareholders. The suspension remains in effect u

Daiwa Institute of Research released findings on the 14th analyzing Donald Trump's policy reversals through a composite 'TACO Index' (Trump Always Caves Out), concluding that the pattern represents a structural response mechanism to market and public pressure rather than inconsistent behavior. The i

OpenAI announced on its official blog on Aug. 13 that it was launching Ultrafast mode, enabling its flagship GPT-5.6 Sol model to generate up to 750 tokens per second—14 times faster than Standard mode—using technology from chipmaker Cerebras’s Wafer-Scale Engine. Cerebras Wafer-Scale Engine: An Entire Wafer as a Chip Traditional chip manufacturing cuts hundreds or thousands of small chips from a silicon wafer. Cerebras takes the opposite approach, using the entire wafer as a single complete chi

US President Donald Trump signed a presidential memorandum on 13th (local time) titled 'Rebuilding the US Navy and US Shipbuilding Industrial Base,' allowing foreign shipbuilders that invest in the United States to construct up to two US Navy vessels in their home country shipyards. The measure

South Korea's Financial Intelligence Unit (FIU) under the Financial Services Commission stated on the 13th that virtual asset service providers (VASPs) accepting listing fees in exchange for token listings may face administrative delisting even after completing registration. The FIU emphasized in it

KOSDAQ and defense/aerospace exchange-traded funds posted strong returns during August 3-13 as investor sentiment shifted away from semiconductor large-caps. The top five performing ETFs during this period were all KOSDAQ 150 leverage products, with 'KIWOOM KOSDAQ 150 Futures Leverage' leading

Samsung Electronics and SK Hynix are projected to generate combined operating profits exceeding 900 trillion won and approaching 1000 trillion won in 2027, according to financial data provider FnGuide on the 14th. The bullish earnings outlook, coupled with expectations for expanded shareholder

The 11th Criminal Division of the Seoul Southern District Court sentenced Jeong Sang-ho, founder of the crypto platform Delio, to 15 years in prison on Aug. 13, 2026, for fraud and fraudulently obtaining a virtual asset trading license. The court ruled that Jeong Sang-ho had fraudulently obtained the license and defrauded victims of approximately ₩70 billion (about $49.3 million) in crypto assets, stating that the victims’ losses would be “difficult to recover,” with many users suffering signifi

UTI Co., Ltd., a KOSDAQ-listed company, saw bondholders withdraw put options (early redemption requests) for its first convertible bond (CB) that were originally requested in July. The total amount of 17.5 billion won in repayments has been postponed until February next year. Bondholders made the de

Official data released by the Bank of Russia on August 13 showed that, as of the latest reporting period, foreign exchange reserves had increased from $720.3 billion to $740 billion, a rise of approximately $19.7 billion. The main factors behind the increase included rising gold prices, higher export revenues—including a recovery in energy exports—and the currency appreciation effect. Russia continues to diversify its reserves by increasing its gold holdings and reducing its exposure to dollar-d

Xiaomi HyperOS 4 officially began rolling out its first public beta on Aug. 14, introducing a new glass-like design language centered on realistic refraction effects, expanded lock screen and home screen customization options, app loading speeds approximately 18% faster than HyperOS 3 after 9 hours of use, and Super AI Assistant 2.0 powered by Xiaomi’s self-developed low-level logic processor, MiMo. HyperOS 4 Glass-Like Design Language HyperOS 4 adopts a new glass-like design language, with real

US artificial intelligence startup Anthropic, preparing for what would be the largest IPO in history, did not discuss enterprise valuation or specific financial figures during recent pre-IPO investor meetings, according to a CNBC report citing sources familiar with the matter. CNBC anchor David

South Korea's National Pension Service held $434.05 million (approximately 614.7 billion KRW) in US crypto-related stocks during Q2 2026, according to US Securities and Exchange Commission filings disclosed on the 14th. The pension fund reduced its holdings in Strategy by 23% while increasing

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as net income rose 192% year over year to $87 million. On Thursday, Figure announced net revenue more than doubled to $226 million, while its net income margin i

Lenovo Group announced its first-quarter financial results on Aug. 13, and its shares surged 22% during Hong Kong trading that day, reaching an all-time high. Its year-to-date gain exceeded 280%, making it the best-performing individual stock of the year in the Hang Seng China Enterprises Index. Q1 total revenue reached $26.94 billion, up 43% year over year and far exceeding analysts’ expectations of $22.3 billion, marking the group’s highest quarterly growth rate in the past five years. Q1 Fina

South Korea's Ministry of Science and ICT announced on the 14th that the country's information and communication technology (ICT) exports reached $53.36 billion in July, marking a record high for the month and representing a 140.6% increase compared to July of the previous year. The surge was