Gate Cryptocurrency News and Market Analysis

Korean retail investors faced losses as KOSPI semiconductor stocks Samsung Electronics and SK Hynix corrected following a rally that drove expectations for 'KOSPI 10,000 points' to peak late last month, with buy-side circuit breakers triggering on May 10. The correction occurred after investors

South Korean regulators announced a policy review of single-stock leveraged ETFs on July 10, one and a half months after the products launched on May 27. The four most actively traded leveraged ETFs tracking Samsung Electronics and SK Hynix declined between 21.7% and 25.8% from their listing-day

The Ethereum Foundation deployed AI agents to audit its codebase and uncovered CVE-2026-34219, a remotely-triggerable bug in libp2p's gossipsub networking layer, according to a blog post published July 9 by Nikos Baxevanis of the foundation's protocol security team. The testing revealed that one age

US President Donald Trump declared the ceasefire with Iran ended on July 10, yet international oil prices closed lower. On the New York Mercantile Exchange, West Texas Intermediate (WTI) crude for August delivery fell $0.67 (0.93%) to $71.41 per barrel, while Brent crude for September delivery

Japanese lender CRYL launched Bitcoin-backed loans of up to 1 billion yen, or approximately $6.2 million, allowing individuals and businesses to access fiat currency without selling their BTC holdings. The product provides borrowers access to funds between $6,200 and $6.2 million at annual

AI companies are shifting competition focus from model size to cost-effective routing systems as enterprises move from testing to production deployment. Perplexity CEO Aravind Srinivas told CNBC that the model alone is no longer the product, emphasizing orchestration systems that pair models with to

S-Oil surged 19.87% this week (6-10) as Middle East tensions escalated, according to Korea Exchange data released on the 11th. The stock rally occurred while the KOSPI index fell over 7%, positioning S-Oil as a defensive play amid market volatility. The price surge reflects investor expectations

Samsung Electro-Mechanics, the top-performing Korean stock in the first half with a 756.47% gain, swung nearly 30% over the past week between profit-taking and rebounds. The stock peaked at 2,205,000 won on July 1 before dropping 33% to 1,479,000 won by July 8, then recovering 6.1% to close at 1,584

Gold and silver prices softened ahead of the North American market open Friday, as traders balanced last week's weaker payrolls report against Wednesday's Fed minutes, steady Treasury yields and renewed Strait of Hormuz uncertainty. Spot gold was trading near $4,104.30 an ounce, down 0.44%, while

The KOSPI market recorded 34 program trading halt activations (sidecars) from January 2 to July 10, according to Korea Exchange data released on a date referenced as '10일' in the source. This figure surpasses the 26 sidecar activations recorded during the entire year of the 2008 global financial

Analysts at Watcher Guru, a US-based cryptocurrency and whale tracking platform, stated that XRP is unlikely to repeat its 500% surge from 2024 due to changing market conditions. XRP rose from approximately $0.50 in July 2024 to around $2.40 by the end of the year, marking a nearly 500% gain in

Gold futures declined 0.71% to $4,111.20 per troy ounce as of 2:23 PM Eastern Time on May 10, according to CME Group's COMEX exchange data for August delivery contracts (GCQ6). The drop followed US President Donald Trump's declaration that the ceasefire with Iran had ended, triggering a spike in US

Peptron, a South Korean biotechnology company specializing in advanced materials manufacturing and pharmaceutical R&D, hit the daily lower price limit from the 9th after-market session through the 10th regular trading session. The stock closed at 111,600 won on the 10th, down 47,700 won or 29.94% fr

The Secured Overnight Financing Rate (SOFR), a key US money market benchmark rate, continued its downward trend amid abundant liquidity conditions, falling to 3.53% as of the 9th according to the New York Federal Reserve, which calculates SOFR. The 5 basis point decline from the previous day marks t

Apple sued OpenAI on Friday in federal court in Northern California, alleging trade secret theft related to the development of consumer hardware. The iPhone maker claims OpenAI took Apple's intellectual property, stating in a legal filing that 'at every level, from members of its Technical Staff to

Five Senate Democrats called for congressional hearings into President Donald Trump's cryptocurrency holdings on Friday, following financial disclosures that showed over $1.2 billion in crypto-related income last year. Senators Elizabeth Warren, Richard Blumenthal, Gary Peters, Dick Durbin, and

The U.S. Department of Justice is planning to drop charges against Matthew Goettsche, the alleged mastermind of the BitClub Network Ponzi scheme that prosecutors said operated as a $722 million fraud. Senior officials in Washington directed the New Jersey U.S. attorney's office to dismiss the prosec

SK Hynix completed its Nasdaq debut on July 11 (local time), with its American Depositary Receipts (ADR) closing 12.76% above the offering price at $168.01 after opening at $170. The S&P 500 rose 0.42% to 7575.39, approaching record highs as AI-related tech stocks rallied and investors anticipated t

Apple stock posted its first record close in over a month during Thursday's session, marking a 16.5% year-to-date gain in 2026 — the best performance among the Magnificent Seven tech giants. Wall Street is rewarding Apple for its low-cost approach to the artificial intelligence race, while other

FTSE Russell research identifies artificial intelligence infrastructure and the global energy transition as creating larger commodity investment opportunities than gold, according to Indrani De, Head of Global Investment Research at the firm. While gold continues serving as a portfolio anchor amid g