Gate Cryptocurrency News and Market Analysis

Theodore Gillibrand, the 22-year-old son of Sen. Kirsten Gillibrand (D-NY), secured investment for his fintech startup from billionaire Chris Larsen, co-founder of Ripple, POLITICO reported on July 2. Along with Larsen, hedge fund manager John Griffin, investor Mark Ein, and Anduril Industries found

Ben Snyder, Goldman Sachs Chief US Equity Strategist, stated in a recent Business Insider interview that AI bubble concerns in the market are excessive. Snyder cited continued expansion of AI infrastructure investment and ongoing earnings growth at related companies as reasons the AI investment

Anthropic and OpenAI are preparing for stock market listings, drawing attention to investment products that hold unlisted shares of both artificial intelligence companies. Jang Chi-young, a researcher at Hana Securities, identified exchange-traded funds and closed-end funds as methods for

Korea Investment & Securities analyst Choi Bo-won recommended investors focus on digital asset policies alongside interest rate trends when investing in financial ETFs that include banks, card networks, and exchanges. Choi stated that while US Treasury yield movements have driven large financial ETF

SHIB trades over 95% below the 2021 all-time high after prolonged selling pressure. High inflation and possible rate hikes continue weighing on meme coin demand. Massive token supply remains a major challenge for sustained price recovery. Shiba Inu once ranked among the hottest names in

Hana Securities downgraded target prices for Korean hotel stocks GS P&L and Seobu T&D despite strong earnings forecasts, citing excessive divergence between current stock prices and fundamentals. GS P&L's target was lowered

Samsung Electro-Mechanics and Jusung Engineering led South Korean stocks in the first half with gains exceeding 600%, according to Korea Exchange data released on July 4. Samsung Electro-Mechanics rose 756.47% to top the KOSPI index while Jusung Engineering surged 625.63% to lead KOSDAQ, both

AI-related stocks dominated the top performer rankings on South Korea's KOSPI and KOSDAQ exchanges during the first half (January to June), with the leading KOSPI stock posting an eightfold price surge, according to data from the Korea Exchange released on the 4th. Securities firms dismissed

SK Hynix is reviewing a plan to pay underwriters approximately 0.5% of raised funds as fees for its upcoming US American Depositary Receipt (ADR) listing, Bloomberg reported on July 4 (local time). Based on SK Hynix's recent market capitalization, the offering could raise approximately $26.5

Eighteen Korean companies disclosed asset revaluation results in the first half of the year. Eight stocks rose, nine declined, and one remained unchanged following the announcements. The reassessments came amid inflation and real estate price surges that have drawn investor attention to low price-to

Meta is considering entering the cloud services business by selling its self-built artificial intelligence infrastructure externally, according to analysis from Hanwha Investment & Securities. The move could transform how the market evaluates AI infrastructure investments, shifting

Foreign investors' net selling of domestic stocks intensified on the 4th as the yen plunged to 162 per dollar, a 40-year low, according to iM Securities. The sharp yen depreciation is creating simultaneous downward pressure on the Korean won amid ongoing supply-demand instability in the stock

Korean casino operators Lotte Tour Development and GKL reported June and Q2 2026 revenue growth, outperforming Macau's casino market. Lotte Tour Development's June casino revenue reached 487억원, up 36% year-over-year, while GKL's June revenue rose 7% to 372억원, driven by a 19% increase in foreign

Seoul Bankruptcy Court abolished Homeplus's corporate rehabilitation procedure, the court announced the previous day, after determining the company's rehabilitation plan had low feasibility. The court's decision followed Homeplus's prolonged difficulty securing minimum operating capital after

XLM remains inside long-term accumulation without confirming a breakout. Higher highs would confirm bullish momentum and strengthen breakout expectations. A confirmed breakout could target 2025 highs, $0.80, and eventually $1. Patience often rewards crypto investors more than chasing

Bank of Russia Governor Elvira Nabiullina announced that technological preparations for the digital ruble are complete ahead of its September 1, 2026 nationwide rollout. Under a July 2025 State Duma mandate, all 12 systemically important banks and large retailers must accept the central bank digital

Mintellect, a ContentFi infrastructure platform, announced a strategic partnership with ChainAware, an AI platform specializing in blockchain data analysis, on July 2, 2026. The collaboration aims to strengthen the development of intelligent and secure Web3 applications by combining blockchain infra

Tokyo and the Japanese government expanded electric vehicle subsidies this year, raising the national Clean Energy Vehicle (CEV) subsidy cap to 1.3 million yen and enabling Tesla Model 3 and Model Y buyers to receive 1.27 million yen in national subsidies alone, according to Kankyō Business. Tokyo r

Korea Investment & Securities lowered Hotel Shilla's target price to 85,000 won from 100,000 won while maintaining its 'buy' investment opinion, citing favorable Q2 performance and a positive industry outlook. Analyst Kim Myung-joo stated that despite the 15% target price reduction, the recent