Gate Cryptocurrency News and Market Analysis

South Korea's domestic stock market participants saw margin trading volumes decline as forced liquidation ratios climbed to a year-high level, according to data released by the Financial Investment Association covering the period from the 1st to the 20th. The ratio of forced liquidations relative to

The Bank for International Settlements (BIS) research team released Working Paper No. 1370, analyzing data on foreign-currency deposits and inflows of USD-pegged stablecoins across more than 130 economies. It found that USD stablecoins are spreading through “digital dollarization” mechanisms in emerging markets, and that stablecoin inflows show almost no response to capital controls and foreign-exchange restrictions because “part of the stablecoin circulation remains outside the regulatory perim

South Korean financial authorities announced on the 22nd the launch of a 150 billion won 'K-Culture Value-Up Fund' to support artificial intelligence (AI) content and K-Culture industry development. The Financial Services Commission stated the fund will combine 50 billion won from the Ministry of Cu

Shinhan Financial Group and Standard Chartered's SC Ventures invested $10 million in Digital Asset on the 21st (local time), the developer of real-world asset (RWA) blockchain Canton Network, according to The Block. The investment follows Hanwha Investment & Securities' earlier participation in Digi

At around 3:00 a.m. Beijing time on July 23, Alphabet (GOOGL) will release its 2026 Q2 earnings report. By the close on July 22, Alphabet’s share price was $347.15, down 1.38% on the day, having fallen about 15% from the 52-week high of $408.61 set in May. Persistent pressure on the stock price ahead of the earnings release reflects market disagreement over the core question facing this tech giant: with AI-related capital expenditures at an unprecedented scale, when will they translate into sust

Bristol Myers Squibb (NYSE: BMY) stock closed at $60.93 on July 21, up 1.28% on the day. The previous day, the company announced the integration of NVIDIA’s DGX SuperPOD (with the DGX Vera Rubin NVL72 system) to enhance its AI capabilities, aiming to advance research programs in oncology and immunology. Bristol Myers Squibb and NVIDIA DGX SuperPOD Partnership Announcement Based on market data for July 21, 2026, BMY stock closed at $60.93, up 1.28% from the prior trading day. The day before (July

South Korean Minister of Trade, Industry and Energy Kim Jung-kwan visits Washington D.C. from the 22nd to the 25th to meet US Commerce Secretary Howard Lutnick. Trade Representative Yeo Han-koo accompanies the visit to discuss the US government's planned Section 301 tariffs. The US Trade Representat

Seoul forex dealers forecast the Korean won will face depreciation pressure on May 22 due to unresolved Middle East geopolitical tensions, but dollar selling from exporters and foreign stock purchases will cap exchange rate gains. Persistent US-Iran conflict emerged as the primary driver of won

Samsung Electronics and SK Hynix single-stock leveraged exchange-traded funds (ETFs) faced mounting criticism approximately one month after their May 16 launch. The 16 leveraged products, introduced to repatriate overseas Korean retail investors and stabilize exchange rates, have been blamed for

Google product management senior director Tulsee Doshi published an official blog post on July 21, announcing the launch of Gemini 3.6 Flash, Gemini 3.5 Flash-Lite, and Gemini 3.5 Flash Cyber—each designed specifically for AI agent workflows. In addition, Gemini 4 pre-training work has already started. Gemini 3.6 Flash Specs: OSWorld 83.0%, 17% fewer output tokens Gemini 3.6 Flash is the flagship work model in the new series, with notably improved performance in code writing, knowledge work, and

Digital Chamber has filed an application with the Sangamon County Court in Illinois to sue the newly passed Illinois “Digital Asset Tax Bill,” seeking to block its implementation before it takes effect on Jan. 1, 2027. This is the first case in which an industry association has sued Illinois over such a law. The tax bill would impose a 0.2% tax on certain types of digital-asset business activity. Lawsuit Overview: 0.2% Tax Rate, Sangamon County Court Filing According to a statement from the Digi

South Korea's National Pension Service (NPS), which dominates the country's pension fund sector, net purchased 28.3 billion won in Korean stocks from July 1 to July 21 despite earlier market concerns about massive selling pressure from resumed rebalancing. The buying activity intensified during the

Align Partners Asset Management, holding a 14.29% stake as Gabia's third-largest shareholder, sent an open letter to Gabia's board on the 22nd demanding measures to ensure fairness in the ongoing public tender offer. The letter characterizes the transaction as a going-private deal by controlling sha

Mizuho maintained its Outperform rating on Oracle (NYSE:ORCL) stocks with a $320 price target on the 21st (local time). Analyst Siti Panigrahi stated Oracle trades at multi-year lows despite strong fundamentals and offers the most attractive risk/reward profile among coverage stocks. The

According to a report by senior TechCrunch reporter Tim De Chant on July 21, BloombergNEF’s latest report projects that by 2035, electricity consumption by U.S. data centers will reach four times the current level—accounting for about 20% of the country’s total electricity generation. It currently accounts for about 5% to 6%. BloombergNEF Forecast: Data Centers to Account for 20% of U.S. Power Generation by 2035 The core prediction in BloombergNEF’s latest report is that electricity consumption

Bitcoin’s short-term rebound lacks momentum, temporarily around $66,470 as of July 22. There is disagreement over which authority will enforce the moral provisions of the CLARITY Act, with Democrats dissatisfied with the details of President Trump’s concessions. The crypto ethics rules backed by Trump will be enforced by the Department of Justice and will prohibit federal officials from issuing digital assets. Galaxy Digital launches a Bitcoin quantum-safe initiative, setting aside $5 million to

Balaji Srinivasan's Network School signed a memorandum of understanding with Kazakhstan's Minister Zhaslan Madiyev to establish a campus in Kazakhstan. The agreement follows the revocation of the Network School's business license at its Forest City campus in Malaysia, with operations ordered to

Luxury apartments in Seoul's Apgujeong-dong have recovered above the 10 billion won threshold this month after temporary price corrections triggered by pre-tax rush sales. Shin Hyundai 11th complex (183㎡ unit) transacted at 10.5 billion won, rebounding 1.5 billion won from the April low of 9 billion

Digital Asset announced on the 22nd that SCAN 2026, a crypto asset tracking competition with a total prize pool of 2 BTC (Bitcoin), will be held as a side event of the blockchain conference 'KBW2026 with Upbit.' The SCAN 2026 conference and awards ceremony will take place on October 1 at

Oracle's 5-year credit default swap premium hit 2.03%, the highest since 2008, as AI investment concerns intensified. Korean retail investors shifted to 3x leveraged ETFs SOXL and TQQQ after regulators announced a 30 million won minimum deposit for single-stock leveraged ETFs. Samcheondang