Gate Cryptocurrency News and Market Analysis

Japanese semiconductor company Kioxia saw its stock price close at 52,110 yen on May 17, falling to half the all-time high reached one month prior, according to Bloomberg. Trading resumed at the 56,000-57,000 yen range after the May 20 public holiday. The decline stemmed from concerns over AI

BlackRock's iShares MSCI South Korea ETF (ticker: EWY) received a record $2.8 billion in net inflows last week, according to Bloomberg. The weekly total—driven by $800 million on the 14th and $1.1 billion on the 15th—more than doubled the previous record of $1.2 billion set in February. Malcolm

Tether Gold (XAUT), the gold token of Tether—the world’s largest stablecoin issuer—has officially been recognized by the Abu Dhabi Global Market (ADGM) as an “Accepted Spot Commodity.” This means that financial institutions holding regulatory approvals in ADGM can legally offer services involving XAUT. According to DefiLlama data, Tether Gold’s total value locked (TVL) has reached $2.86 billion. ADGM Certification Details: XAUT’s “Accepted Spot Commodity” Status The Abu Dhabi Global Market (ADGM

Korea's customs data revealed exports surged 52.3% to $54.9 billion during July 1-20 compared to the same period last year, marking a record high for the timeframe. The increase was driven by a 180.6% jump in semiconductor exports, which accounted for 40.3% of total exports. Daily average exports re

South Korean government bond futures opened mixed on July 21, with 3-year futures rising 2 ticks to 102.78 and 10-year futures falling 2 ticks to 105.05 as of 9:05 AM. The divergence occurred as surging UK interest rates pushed global yields higher and international oil prices climbed, yet

Yemen's Iran-backed Houthi rebels declared a maritime blockade against Saudi Arabia on January 20 (local time), according to Yonhap News. Houthi spokesperson Yahya Saree announced the measure takes immediate effect under an 'eye for an eye' principle against what he called the 'criminal state' of Sa

According to industry insiders, on July 19, Samsung Electronics will hold the “Galaxy Unpacked 2026” event on July 22 at the Old Billingsgate Market in London. The company is expected to unveil three foldable-screen phones: the Galaxy Z Fold 8, the Galaxy Z Fold 8 Ultra, and the Galaxy Z Flip 8, with prices starting from $1,899. Galaxy Unpacked 2026 Event Specifications According to industry insiders, the Samsung Electronics Galaxy Unpacked 2026 event is scheduled for July 22, 2026 at 2:00 p.m.

Hyundai Motor stocks closed at 399,000 won on the previous trading day, marking a 49.61% decline from the peak of 783,000 won and falling below 400,000 won for the first time since January 12. The decline was driven by foreign investors selling 10.88 trillion won worth of shares this year,

According to the “Import and Export Trends from July 1 to 20” released by the Korea Customs Service on July 21, from July 1 to 20, Korea’s export value reached $54.9 billion, up 52.3% year over year, setting a historical high for the same period. The previous peak for the same period was $36.9 billion in July 2024. Semiconductor exports were the main growth driver, with export value increasing 180% year over year to $22.1 billion. Key Data on Korea’s Semiconductor Exports: Up 180% YoY, Export Va

Samsung Biologics received a credit impact assessment from NICE Credit Rating on the 21st following its announcement on the 20th to acquire Swiss peptide contract development and manufacturing organization (CDMO) PolyPeptide Group AG for approximately 2.706 trillion won through a public tender

Major KOSDAQ-listed companies including Alteogen, EcoproBM, and HLB postponed planned transfers to the KOSPI market, with Alteogen announcing its decision on the 16th. The postponements reflect expectations for government KOSDAQ revitalization policies and concerns about liquidity concentration in t

The KOSPI index recovered to the 6700 level on the morning of the 21st, rising 3.19% to 6723 as of 10:35 AM, driven by a shift in foreign investor sentiment to net buying. After displaying selling dominance at the market open, foreign investors turned to net purchases of approximately 290 billion

139 KOSDAQ-listed companies fell below the 200 billion won market capitalization threshold as of the previous day, placing them in delisting review territory according to Korea Exchange data released on the 21st. This represents a 10.32% increase from 126 companies one month prior, with affected

Nigeria’s President Bola Ahmed Tinubu signed an executive order on July 18 to establish the Virtual Asset Council, consolidating the country’s long-running, fragmented cryptocurrency regulatory framework. In a notice from the National Presidential Villa, the President’s Special Adviser, Bayo Onanuga, said the new framework does not create a new regulatory body and does not transfer the statutory powers of existing institutions. Nigeria Virtual Asset Council: Establishment Structure Onanuga said

South Korean financial authorities face criticism over supplementary measures for single-stock leveraged exchange-traded funds (ETFs) announced on May 16, four days after which lawmakers called for potential additional action. The Financial Services Commission (FSC) raised the basic deposit

Taiwan prosecutors indicted a former TSMC deputy manager for attempting to steal national core technology secrets and transfer them to China's semiconductor industry, marking the first case where the National Security Act has been applied to technology transfer attempts. According to Nikkei Asia on

Hong Kong Stock Exchange (HKEX) is exploring extending its trading hours to align with global competitor exchanges, South China Morning Post (SCMP) reported on the 20th (local time). The move responds to competitive pressure as Nasdaq plans to

President Lee Jae-myung on July 21 directed financial authorities to swiftly prepare supplementary measures for the single-stock leverage ETF system, citing increased market instability concerns. Speaking at a cabinet meeting, President Lee acknowledged that the system has become a source of

South Korean 3-year government bond yields surged past 3.9% intraday on the 20th, approaching the 4% threshold for the first time in nearly two years and eight months since November 1, 2023, when yields closed at 4.073%. The sharp rise followed a wave of reports from global investment banks after th

The White House reached an agreement with Republicans on ethics provisions in the Clarity Act on the 21st, according to multiple industry sources cited by crypto journalist Eleanor Terrett. The ethics provisions have been the biggest point of contention in the legislation, with Democrats demanding s