Gate Cryptocurrency News and Market Analysis

Tesla confirmed it has not sold any of its Bitcoin holdings in 2026, maintaining the same 11,509 BTC position through the second quarter despite cryptocurrency market volatility. The electric vehicle manufacturer recognized an unrealized impairment loss of approximately $112 million during the secon

South Korean asset management companies launched 9 active exchange-traded funds among 18 new ETF listings during the past month from June 23 to July 23, according to the financial investment industry on the 23rd. The surge in active ETF launches reflects increased market volatility and widening

AI-related corporate bond issuance reached $489 billion this year, surpassing last year's estimated $322 billion, according to Goldman Sachs data cited by Yahoo Finance on the 22nd local time. Hyperscalers directly issued 40% of the total, with the remainder contributed by data center financing

BitMEX exchange announced it will shut down on September 23, 2026, at 04:00 UTC, ending an 11-year operational run. The Seychelles-based cryptocurrency derivatives platform disclosed the closure Thursday following a strategic business review. The exchange immediately halted new account

South Korea's Financial Services Commission stated on May 23 that the timing of Phase 2 guidelines for corporate crypto trading will be linked to the Digital Asset Basic Act and related legislation. Kim Sung-jin, FSC Virtual Asset Division Director, announced at a conference held at the National Ass

KOSPI small-cap stocks are experiencing a severe liquidity crisis surpassing KOSDAQ market conditions, according to Korea Exchange (KRX) data. The KRX KOSPI Small Cap Index closed at 2291.06 on the 23rd, up 3.94% but down approximately 25% from its April 29 peak of 3058.39 and about 10% below year-s

Commerce platform FAIM launched FAIM Ink, a digital autograph service for personalized, cryptographically authenticated signatures on user-submitted photographs. The service allows fans to submit personal images including selfies and event pictures to receive individualized digital signatures from p

JB Financial Group achieved a record Q2 net profit of 2,196 billion won, marking a 5.7% increase from the same period last year and the highest Q2 performance in company history. The capital subsidiary JB Woori Capital led the growth with Q2 net profit of 1,041 billion won, double the profit

ONDO gained 10% over a 24-hour period after the network announced that perpetual traders can now use tokenized stocks as collateral. The move aims to broaden the range of assets available for leveraged trading. The price action extended an uptrend that had been building over the past few weeks,

World Liberty Financial (WLFI), a crypto project linked to U.S. President Donald Trump's family, experienced a price decline following the announcement of the CLARITY Act amendment. The token dropped over 5% to $0.0513, with on-chain data showing net outflows of $531.7k over the last 30 days. The de

The KRW-JPY exchange rate in the Seoul foreign exchange market fell to 898.90 won per 100 yen at 2:38 PM on the 23rd, down 6.13 won from the previous session, driven by sustained Korean won strength. This marks the first time the rate has dropped below the 900 won threshold since

KB Financial Group confirmed on the 23rd that dividend reduction will proceed next year as planned and is considering linking return on equity (ROE) to its shareholder return framework. CFO Na Sang-rok stated during the earnings conference call that dividend reduction starts next year with

The SEC is extending regulatory scrutiny to DeFi vaults and on-chain lending structures, according to Commissioner Hester M. Peirce. Peirce stated that moving financial activities on-chain does not exempt them from federal securities laws, with regulatory treatment depending on how vaults allocate a

NH Investment & Securities announced on the 23rd that its net profit attributable to controlling shareholders reached 965.2 billion won in the first half, marking a record half-year performance and a 107.6% increase compared to the same period last year. The company's second-quarter net profit

Hyundai Card reported a 15.7% year-over-year increase in net profit for the second quarter, reaching 1,205 billion won, driven by operating profit expansion and increased Apple Pay transactions. The company disclosed on the 23rd that Q2 net profit rose from 1,041 billion won in the prior-year

South Korean financial authorities are considering advancing the implementation of increased deposit requirements for single-stock leveraged ETFs to the end of this month, following President Lee Jae-myung's directive on July 21. The Financial Investment Association held a working-level meeting on J

South Korean petrochemical companies failed to recover credit ratings in the first half of this year, with zero upgrades among 14 major firms reviewed by the country's three credit rating agencies. LG Chem was downgraded

Alphabet and Tesla reported second-quarter revenue above market expectations on July 22 (local time), but both stocks declined over 3% in after-hours trading as expanded artificial intelligence investment plans and negative free cash flow raised investor concerns. The earnings miss on

Lotte Chemical raised 200 billion won through a 3-year corporate bond offering backed by guarantees from four major South Korean banks, receiving orders totaling 310 billion won—1.6 times the target amount. The bonds received AAA ratings from Korea Ratings

Bitdeer Technologies Group mined 990 bitcoin in June, a 7.5% increase from 921 bitcoin in May, according to an operations update filed with the US Securities and Exchange Commission on Tuesday. The Singapore-based company's production rose 388% from 203 bitcoin a year earlier. The increase