Gate Cryptocurrency News and Market Analysis

Alutech, a private company 100% owned by Aluco Group Chairman Park Do-bong's family, generated substantial profits through internal transactions with listed affiliates over approximately 20 years, according to Financial Supervisory Service electronic disclosure filings. The company derived 96.9% of

William J. Watkins, Jr., a research fellow at the Independent Institute, argues the U.S. dollar is backed by government power rather than gold, as the national debt nears $40 trillion. Watkins told Kitco News the country drifted from the founders' constitutional design of hard money and limited

President Lee Jae-myung hosts a 100-minute Real Estate Policy National Forum on the 23rd at 10am, ahead of the government's preparation of additional real estate measures. The forum addresses property tax reform focused on ultra-high-value and non-residential homes, and potential easing of loan

Five major South Korean cryptocurrency exchanges recorded 597.8 billion won in daily average trading volume from the 1st to 21st of this month. This represents just 1.59% of the KOSPI securities market's 37.6687 trillion won daily average during the same period, according to CoinGecko data

US Treasury yields rose for a second consecutive day on the 22nd (US Eastern time) afternoon, with short-term maturities showing relative weakness. The 2-year yield reached 4.3020% at 3pm, up 3.80bp, marking the highest level since February last year. The 10-year yield stood at 4.6570%, up 2.90bp.

Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, characterized gold as essential insurance against currency crises, inflation overreaction, and dollar devaluation, as markets experience a dollar resurgence following gold's late January highs near $5,600 per ounce. Forbes attributed the do

Samsung Electronics announced a dedicated robotics division on the 22nd, triggering a sharp rebound in domestic robotics stocks. Rainbow Robotics, a Samsung subsidiary, closed 16.28% higher at 478,500 won on the 22nd, while Cosmo Robotics, TX Robotics, and N Robotics hit the daily upper limit with g

The Trump administration's temporary 10% global tariff expires on July 24 (local time), prompting the US Trade Representative (USTR) to implement new tariffs under Section 301 of the US Trade Act. The transition follows a February US Supreme Court ruling that declared existing reciprocal tariffs

Crypto exchange-traded funds attracted $252 million on July 21, with Bitcoin ETFs recording $203.14 million in net inflows during their sixth consecutive session of institutional demand. Blackrock's IBIT led the category with $163.89 million, pushing total Bitcoin ETF assets above $80 billion to

SpaceX stocks closed at $123.54 on July 21, up 3.08%. The company will release its first quarterly earnings since going public on August 4, followed by a partial lockup expiration on August 6. The rebound follows an eight-session decline that pushed shares below the $135 IPO price due to valuation c

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