Gate Cryptocurrency News and Market Analysis

The automotive industry faces growing cybersecurity concerns as analysts warn that over-the-air technology used to update vehicle systems increases vulnerability to cyberattacks. OTA technology delivers wireless software, firmware, and data updates to internet-connected vehicles, a practice Tesla no

Fashion B2B platform operator Delicious conducts institutional demand forecast from July 23, while HLG Genomics lists on KOSDAQ on July 24 and Lemon Healthcare faces its first lock-up expiration on July 21. Delicious operates 'Shinshang Market' connecting Dongdaemun fashion wholesalers with

The Bank of Korea raised its benchmark interest rate, triggering funding difficulties for lower-rated Korean companies as corporate bond issuance became harder amid contracting institutional investor demand and rising borrowing costs. As of May 16 afternoon session, AA- 3-year unsecured corporate bo

MP Materials, a US rare earth mining company, has transformed from a bankrupt asset acquired for 28.7 billion won (20.5 million USD) in 2017 into a strategic national asset with a market capitalization of 12.3 trillion won (8.8 billion USD) as of July 2026. The company operates the Mountain Pass min

FTX announced a $900 million fifth distribution to creditors starting July 31, 2026, under its confirmed Chapter 11 Plan. The payout covers eligible holders of allowed claims in the Convenience and Non-Convenience Classes who met requirements by the June 16 Record Date, with BitGo, Kraken, and

U.S. regulators reached the GENIUS Act's one-year rulemaking deadline on Saturday without issuing the final regulations needed to implement the country's federal stablecoin framework. As of Saturday afternoon, principal rule packages issued by the Office of the Comptroller of the Currency (OCC),

Alphabet's second-quarter earnings release on July 22 will be a key focus for US stocks during the week of July 20-24, as investors assess the company's AI capital expenditure plans amid concerns over the semiconductor sector's profitability. The Philadelphia Semiconductor Index fell 9.97% last week

The won-dollar exchange rate faces directional uncertainty this week as Middle East geopolitical risks compete with domestic growth momentum. While ongoing US-Iran military confrontations sustain dollar strength pressures, robust semiconductor export performance and expectations for additional

Mirae Asset Asset Management's TIGER US Dividend Dow Jones ETF surpassed 4 trillion won in net assets as of May 15, becoming the first US dividend stock ETF listed in Korea to reach this milestone. The product's strategy of pursuing both monthly dividends and dividend growth attracted significant in

Korea's credit bond market will see KRW 2.3 trillion in issuances during the week of July 20-24, according to data from the Korea Financial Investment Association and Yonhap Infomax released July 19. The majority of this week's issuance is concentrated on July 20, when KRW 2.2 trillion+ in bonds — i

Brian Armstrong, CEO of Coinbase, emphasized that self-custody is essential for scaling cryptocurrency adoption to the next billion users globally. Armstrong stated that while the Coinbase app worked well in developed countries, the U.S. represents only 4% of the global population, and self-custody

Five major South Korean defense stocks rose an average of 22.7% year-to-date through the closing on the 16th, underperforming the KOSPI index's 61.9% gain over the same period. The stocks—Hanwha Aerospace, Hyundai Rotem, Korea Aerospace Industries, Hanwha Systems, and LIG Nex1—had surged following t

Foreign investors net sold over 12 trillion won in Korean stocks during the 1st-16th while simultaneously net buying nearly 600 billion won in exchange-traded funds (ETFs), according to Korea Exchange and KOSCOM CHECK data released on the 19th. The contrarian trading pattern occurred as the KOSPI in

Model-turned-broadcaster Byun Jung-soo revealed on the YouTube channel 'Bolbbangan Nyonnyonnyon' that she started stock investing due to artificial intelligence, purchasing SK Hynix shares at 1.75 million won per share based on ChatGPT recommendations and subsequently recovering her principal.

KOSPI declined over 25% in less than a month from June 22, prompting Korean securities firms to focus on upcoming US Big Tech and semiconductor earnings scheduled for next week starting July 22. Analysts attribute the drop to AI investment slowdown concerns and semiconductor cycle uncertainty

KOSPI fell below the 7000-point threshold on the 16th, closing at 6820.60, down 463.81 points (6.37%) from the previous trading day, according to Korea Exchange. The decline stemmed from growing concerns over the semiconductor sector amid data center investment delay worries, triggering circuit

KOSDAQ fell 23.27% over one month ending July 16, recording the steepest decline among major global indices according to Investing.com data published on the 19th. The market closed at 1000.93 on the 18th of last month before sliding below the 800 level, hitting an intraday low of 749.76 on the 14th

Binance completed its 36th quarterly BNB burn, permanently removing 1,615,827.795 BNB from circulation in one of the largest scheduled supply reductions for the token to date. The burn destroyed tokens valued at approximately $931.7 million at the time of the event, sent to the BNB Chain dead

The Korean won appreciated 4.27% against the US dollar in July 2026 month-to-date, the highest appreciation rate among major currencies, as the won/dollar exchange rate fell to 1,478.5 won on July 17. The appreciation was driven by dollar inflows from SK Hynix's American Depositary Receipt (ADR)

South Korea's Financial Services Commission announced measures on the 16th to tighten access to single-stock leveraged ETFs for Samsung Electronics and SK Hynix, raising the minimum cash deposit from 10 million won to 30 million won starting next month 5th and increasing the trading unit from 1