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Gate's second quarter report is out, empowering a one-stop financial service platform with over 12,500 types of stock assets

The digital asset trading platform Gate released its Q2 2026 report. According to data from several authoritative institutions, Gate ranks second globally in spot liquidity and trading volume, maintains a top three position in the derivatives market, and holds a top three market share in open interest (OI). This quarter, in terms of asset class diversification, Gate has advanced its integration of crypto assets and TradFi, accelerating the development of businesses such as stock trading, Pre-IPOs, CFDs, and wealth management, further enhancing global asset allocation capabilities. The platform has officially launched stock trading, establishing a 24/7 trading system covering the U.S., Hong Kong, and South Korean markets, supporting fractional share trading, stock dividends, inter-broker transfer, and stock splits and consolidations. By the end of Q2, Gate's global registered users exceeded 58 million, supporting trading of over 4,800 digital assets and more than 12,500 stock assets, continuously attracting global users to participate in the trading of a diversified asset system through the platform.At the same time, Gate has perfected the complete asset service chain from pre-IPO investment to public market trading. The SpaceX (SPCX) Pre-IPO project has accumulated subscription funds exceeding $396 million, with direct IPO subscription funds exceeding $143 million. Gate CFD has launched 663 trading assets, and the quarterly trading volume of ETFs approached $60 billion, with a month-on-month growth of over 40%. In addition, Gate has launched a global wealth management brand, Gate Wealth, providing global users with more efficient asset allocation and long-term value growth opportunities. Gate.AI has completed its architecture upgrade and brand renewal, supporting access to over 200 mainstream large models globally, and continues to lay out around AI Agents, RWA, prediction markets, and on-chain infrastructure. In Q2 2026, Gate continues to integrate asset allocation capabilities across digital assets, stocks, ETFs, RWA, foreign exchange, and commodities, accelerating its evolution into a global one-stop financial service platform.

hot_img TSMC is reportedly set to increase wafer foundry prices starting in 2027, with a maximum increase of 10%

According to a report by Nikkei Asia citing multiple informed sources, TSMC (TSM.N) plans to raise the foundry prices for advanced and mature process chips by up to 10% in 2027, in response to rising costs of materials, manufacturing equipment, and the construction of new overseas plants. TSMC has begun discussions with customers regarding the price increase, which involves 7-nanometer and more advanced processes. This segment contributed approximately 77% of TSMC's revenue in the quarter from April to June this year.Informed sources indicated that the basic price increase will range from 5% to 10%, depending on the customer and product. For new orders of high-performance computing (HPC) chips that exceed the customer's original forecast, TSMC plans to impose an additional premium of 10% to 15% on top of the basic price increase. As a result, the overall price increase for some advanced process chip orders may exceed 10%. In terms of mature processes (including 12-nanometer, 16-nanometer, 28-nanometer processes, and other traditional technologies), TSMC plans to raise prices by up to 10%, but some products will see increases below this level. The mature process business accounted for about 23% of the company's revenue in the last quarter. Informed sources stated that relevant negotiations began around June and were finalized in July, with the new prices set to take effect in early 2027.

Famous traders have closed all their cryptocurrency short positions and have started buying Bitcoin spot again

Well-known crypto trader Doctor Profit stated that he has closed all cryptocurrency short positions, including a Bitcoin short position established in the $115,000 to $125,000 range, another Bitcoin short position established in the $79,000 to $82,000 range, and over 100 altcoin short positions opened in the past few months, claiming that these positions have all achieved significant profits.He also mentioned that he has re-entered Bitcoin spot at $64,000, marking his first long allocation since September 2025. His plan is to invest 5% of the planned funds daily for spot purchases when Bitcoin is in the $54,000 to $64,000 range, continuing for a maximum of 20 days; if the price approaches $54,000, he will increase the buying intensity. Doctor Profit believes that there is a clear "herd behavior" in the current market: investors who were previously bullish at high levels up to $150,000 are now generally waiting for Bitcoin to drop to $40,000 to $50,000, viewing September or October as the bottom of the four-year cycle. When a large number of investors are waiting for the same price and time point, the market may not operate according to this expectation, which is why he chose to build positions in advance, judging that this round of bottom may appear earlier than the market generally expects.He also listed regulatory clarity, asset tokenization infrastructure, and institutional adoption progress as structural reasons for the shift to buying, and retracted his previous prediction that Bitcoin would drop to $40,000 to $50,000. However, he still retains all short positions in the S&P 500 index, believing that the crypto market has undergone significant repricing, while U.S. stock valuations remain relatively high.
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