Gate Cryptocurrency News and Market Analysis

CuspAI, a British AI startup, on Monday unveiled a partnership with Nvidia and 45 organizations to accelerate materials discovery for semiconductors, clean energy, and advanced manufacturing. The announcement coincides with a $450 million fundraise led by Kleiner Perkins and NEA, valuing the

KOSPI ranked last among major global stock indices in one-month returns as of July 16, falling 24.75% from June 18 to July 16, according to Investing.com data reported on July 20. The index closed at 6516.27 on July 20, down 4.46%. The decline was driven by intensified selling pressure in

Duksan NeoCorus and DTS received preliminary listing approval from the Korea Exchange KOSDAQ market listing committee on the 20th, becoming the first subsidiaries permitted to pursue dual listings under new exception rules. The approvals followed the Financial Supervisory Service and Korea Exchange'

The USD-KRW exchange rate fell to 1,478.40 won as of 3:30 PM on the 20th in Seoul foreign exchange market, down 0.10 won from the previous close of 1,478.50 won, marking the lowest closing level since May 11. The decline occurred despite Middle East geopolitical tensions as selling pressure from

Trump pledged to continue bringing prices down after June CPI fell 0.4%, the largest monthly decline since April 2020, according to Bureau of Labor Statistics data. The president cited falling oil, gas, egg, and prescription drug prices in a Truth Social post, extending a pressure campaign that

Bitcoin dropped to approximately $62,530 on Friday, its weakest level in three days, as US forces struck Iran for a seventh consecutive night and a selloff in chip stocks accelerated across global markets. The cryptocurrency recovered the loss the same session, closing Friday near $64,110 and

DeGaming integrated Tequity's gaming content into its Web3 iGaming platform through an agreement confirmed on July 17, 2026, adding Originals, Publishing, and Trading Games product lines to its ecosystem. The partnership provides DeGaming's operator partners with branded provably fair house games, t

Hanjin, a BBB+ rated South Korean logistics company, experienced 10 billion won in unsold 1-year maturity bonds during demand forecasting held on the 14th, despite receiving 440 billion won in total orders against a 400 billion won募集 target. The

Aurora suffered a full outage of the mainnet, which stopped block production and smart contracts. The outage is a clear demonstration of a massive contraction in the capitalization of the project by 99 percent since 2022. Aurora suffered a full outage of the mainnet in the early hours of

The National Pension Service faces reduced pressure to sell domestic stocks as the KOSPI decline has lowered the proportion of Korean equities in its total assets, though its domestic stock holdings remain above the year-end target ratio. The fund's total assets recently fell to around 1,700

Bae Jae-kyu, CEO of Korea Investment Trust Management, urged investors to stop investing in single-stock leveraged exchange-traded funds (ETFs) through a Facebook post. The warning came as SK Hynix-based leveraged ETFs showed massive discrepancies between theoretical and actual performance during re

U.S. spot cryptocurrency exchange-traded funds recorded net inflows on Friday July 17, with Bitcoin ETFs attracting $132.3 million and Ethereum ETFs posting $36.7 million. The combined $169 million reflected continued investor allocation to regulated digital-asset vehicles. Institutional demand

Hong Kong Exchanges and Clearing Limited is preparing to let investors pay stamp duty and trading-related charges in renminbi when buying shares through Hong Kong's RMB counters, following the publication of the Stamp Duty (Amendment) (No. 2) Ordinance 2026 in the Hong Kong Government Gazette on

South Korea's retirement pension assets grew by 57.1 trillion won in H1 2025 to reach 553.9 trillion won, according to the Financial Supervisory Service's integrated pension portal. Defined benefit (DB) pension balances

Input Output will transfer development of six core Cardano software components to independent specialist firms from August, continuing into 2027. The transition includes the Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra layer-2 system, Mithril protocol, and developer

DL Group is pursuing the sale of its subsidiary DL Motors through individual contact with select potential buyers, with domestic auto parts manufacturers reviewing acquisition proposals at a transaction size discussed in the mid-100 billion KRW range based on 100% equity. The conglomerate is also

Tether's USDT stablecoin faces a July 18, 2028 deadline to secure regulatory compliance under US federal law or risk removal from American cryptocurrency exchanges. The deadline stems from the GENIUS Act, which President Donald Trump signed into law on July 18, 2025, establishing federal rules for p

Cardano activated its van Rossem hard fork on July 18, 2026, completing the network's first protocol upgrade whose final approval and execution were determined entirely through its decentralized onchain governance system. The upgrade took effect at 21:44:51 UTC at the boundary of epoch 644,

Ripple Senior Vice President of Stablecoins Jack McDonald outlined the company's institutional-first strategy in an interview with Grayscale Research's Charlie Perkins, emphasizing Ripple's focus on building infrastructure for banks and payment providers to move value globally. In May, Ripple