Gate Cryptocurrency News and Market Analysis

Coinbase Canada CEO Eric Richmond confirmed this week that the company is developing its Everything Exchange platform for Canadian users. Richmond told BNN Bloomberg the platform will combine crypto, stocks, ETFs, and prediction markets in a single app, though no hard launch date has been

Samsung Electronics and SK Hynix experienced volatile trading on July 22, with both stocks surging over 7% and 9% intraday before retreating by market close amid caution ahead of Alphabet's earnings announcement. Samsung Electronics closed at 260,500 won, up 0.58%, while SK Hynix closed at 1,830,000

SpaceX signed a large-scale computing resource rental contract with US AI startup Reflection last month, following earlier agreements with Anthropic and Google. The contracts generate combined monthly rental fees of $2.32 billion (approximately 3.2 trillion won) — $1.25 billion from Anthropic, $920

Korean brokerages Kakao Pay Securities, Toss Securities, and Korea Investment Securities are preparing to introduce fractional share trading services for domestic Korean stocks starting next month, according to the financial investment industry on the 23rd. The move responds to a sharp increase in h

KOSPI closed at 6797.70 on the 22nd, up 49.75 points (0.74%), after triggering a buy-side circuit breaker during an intraday surge past 7100. The index retreated over 300 points from its session high despite foreign investors net purchasing ₩2.6299 trillion, as institutions and retail investors

The three major US stock indices declined on July 22 (US Eastern Time), with the Dow Jones falling 6.06 points (0.01%) to 52,218.58, the S&P 500 dropping 10.24 points (0.14%) to 7,498.96, and the Nasdaq declining 146.30 points (0.57%) to 25,690.90. Markets showed volatility amid anticipation of

Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated on the 22nd (local time) that if Iran cannot export oil, no one in the region will be able to export oil, directly responding to US President Donald Trump's military threats. Trump had threatened to attack power facilities and bridges in

Satsuma Technology (LSE: SATS.L), a UK-based Bitcoin treasury company, received shareholder approval on July 20 to liquidate its entire Bitcoin holdings and cancel its London Stock Exchange listing. More than 90% of shareholders voted to sell 668 Bitcoin worth approximately $43.5 million. The

Kirill Kirilenko, Lead Precious Metals Analyst at CRU, told Kitco News that renewed Middle East chaos has reignited inflation fears, pressuring gold as investors price in higher interest rates, with prices held around the $4,000 level. Rising oil prices lift inflation expectations, pushing bond

VanEck Portfolio Manager Imaru Casanova stated that gold's 25% pullback in the first half of 2026 reflects shifting macro conditions, but persistent inflation, geopolitical risks and lower real interest rates should support gold prices going forward. Gold fell from near $5,600 per ounce in late

Gold rebounded from horizontal support this morning and is testing the upper boundary of its downward channel, according to technical analysis by Jonathan Da Silva. The bounce follows Da Silva's recent commentary suggesting gold would remain in a sideways grind, particularly if price fails to

Balance Protocol suffered an exploit on July 22, 2026, when an attacker drained $912,000 in BTCB from 42DAO vaults on BNB Chain. The attack used a manipulated Median Oracle price feed to trigger false liquidations, security firms Slowmist and Peckshield confirmed. Balance Coin (BLC), the protocol's

South Korea's KOSPI market triggered its sidecar mechanism 40 times this year through May 22, with 20 buy-side and 20 sell-side activations, according to financial industry data. The surge in sidecar triggers — already exceeding the 26 total activations recorded during the 2008 global financial

Protect Progress PAC, an affiliate of cryptocurrency-aligned political action committee Fairshake, spent more than $986,000 on media ads supporting Democratic incumbent Shri Thanedar and opposing challenger Donavan McKinney in Michigan's 13th congressional district primary race, according to

Ed Dowd, a former BlackRock portfolio manager, told Kitco News that the credit-default cycle has already started. He said he is cautious on gold at current levels but expects the metal to reach $10,000 an ounce later this decade. Dowd, founding partner of Phinance Technologies and a contrarian

Tesla released Q2 2026 earnings on July 22, reporting revenue of $28.24 billion that exceeded Wall Street estimates of approximately $26.3 billion, while adjusted earnings per share of $0.33 fell short of the estimated $0.51. The revenue beat stemmed from record quarterly vehicle deliveries of 480,1

IBM lowered its 2026 forecast on Wednesday and reported second-quarter profits below analyst expectations, even after issuing an earnings warning last week. The technology vendor cited worse-than-planned performance in Z mainframe computer sales and transaction processing software as organizations r

Zilliqa (ZIL) announced it is facing a significant security crisis due to a critical vulnerability discovered in its Ledger hardware wallet application, with active exploitation observed on July 19th. The vulnerability in the Ledger application makes private keys used for ZIL transactions

Ark Invest CEO Cathie Wood said on July 22 that SpaceX could become "the most important company in history," defending her bullish stance as the stock traded at $116.95—approximately 48% below its $225.64 peak and 13% below its $135 IPO price. Wood attributed her confidence to SpaceX's Starlink

Alphabet reported $119.80 billion in total revenue for the quarter ended June 30, 2026, surpassing Wall Street consensus estimates of approximately $117 billion. The results were driven by strong performance across Google Services and Google Cloud, with Cloud revenue reaching $24.77 billion