Gate Crypto Flash News and Market Updates

According to Woori Investment & Securities, on September 28 the brokerage raised its target price for Cosmeca Korea (241710) from 120,000 won to 150,000 won, representing a 25% increase, while maintaining a 'buy' rating. The analyst forecast third-quarter operating profit of 32.2 billion won, below market consensus of 33.1 billion won, attributing the shortfall to delayed revenue recognition from logistics constraints rather than weakening demand. However, the brokerage lifted full-year 2026 ear

On September 27, Israel's Foreign Minister Gal announced that Israel will no longer recognize the diplomatic status of Dutch personnel at the Dutch representative office in Ramallah. The diplomatic privileges and immunities of these officials will expire in seven days.

According to IBK Investment & Securities on September 28, the South Korean brokerage initiated a 'Buy' rating on semiconductor component maker CMTX with a target price of 115,000 won, projecting sustained high profitability amid semiconductor industry recovery. The firm forecasts CMTX will generate 200.6 billion won in revenue and 63.5 billion won in operating profit (31.5% margin) for 2026, maintaining over 30% operating margins while sustaining annual revenue growth of around 50%.

According to LS Securities on September 28, the brokerage upgraded GS Construction's target price to 50,000 Korean won from 44,000 won, maintaining a buy recommendation. The upgrade is driven by expectations that the company will secure orders for its group's AI data center projects as part of the government's three major mega projects. LS Securities analyst Kim Se-ryeon noted that GS Construction ranked first domestically in data center completions in the first half of 2026 and is expected to s

Spot gold declined 0.5% during intraday trading on September 27, currently trading at $4,264 per ounce.

According to insiders on September 28, Google, OpenAI, and Anthropic are advancing plans to establish an independent AI safety standards organization without government oversight, targeting launch by year-end or early 2027. The three companies plan to name the self-regulatory body the Standards Authority for Frontier AI (SAFA). Sriram Krishnan, a former venture investor who served as a senior AI policy advisor in the Trump administration, has been approached to serve as the organization's CEO, a

According to OKX's official announcement, the exchange has launched its Money App, enabling users to trade tokenized stocks around the clock. The app features a unified order book for each asset, enhancing liquidity and accessibility in the market. This move aligns with growing demand for diverse trading options and reflects OKX's commitment to integrating traditional finance with cryptocurrency trading.

Illia Polosukhin recently shared insights into NEAR Protocol's dynamic resharding, a technique designed to enhance scalability for the agentic economy. According to the announcement shared on X, this approach aims to help NEAR manage increasing demands more effectively as it evolves its infrastructure to remain competitive in the blockchain sector.

According to the financial investment industry, BigWave Robotics and GlobalTechnology will debut on South Korea's KOSDAQ market on September 29, followed by DuksanNepcore on September 30 and Brils on October 1. BigWave Robotics, which provides a one-stop platform for industrial robot deployment and management, raised 28.8 billion won at a public offering price of 18,000 won per share. GlobalTechnology, a fabless semiconductor company specializing in display and automotive chips, raised 40 billio

According to Jin10 Data, on September 28, Trump rejected Iran's seven-day proposal to reopen the Strait of Hormuz, intensifying concerns over delays in unlocking this critical waterway. The rejection drove WTI and Brent crude oil to open up over 1% on market open. Meanwhile, escalating regional tensions persisted as Saudi-led coalition forces reported intercepting Houthi drones and missiles targeting Riyadh and Hamiis Musait on Saturday. Alerts were also issued for Abha and Jizan, both home to S

According to South Korea's financial investment industry, five companies are set to debut on the KOSDAQ market from September 29 to October 1. BigWaveRobotics and GlobalTechnology will list on September 29, with IPO prices of 18,000 won and 10,000 won respectively, raising 288 billion won and 400 billion won. DuksanNepcore will debut on September 30 at 14,600 won, raising 438 billion won. Brils and semiconductor equipment maker Melcon are scheduled for October 1, with Melcon's IPO price range se

According to Guru Club, on September 28, Trump dismissed concerns about artificial intelligence losing control, after media asked about reports that OpenAI, Anthropic, and safety researchers are investigating tens of thousands of incidents involving problematic behavior in frontier AI models. Trump is scheduled to host Anthropic CEO Amodei for a private dinner at the White House tonight, marking their first one-on-one meeting. Trump stated that the U.S. should not abandon a potential multi-trill

According to Gate data, USD/JPY broke through 157.5 to 157.503, up 0.1% from the previous trading session.

According to China Nonferrous Metals Industry Association's Silicon Branch, n-type recycled silicon polysilicon and n-type granular silicon spot prices both reached 40,000 yuan/ton recently, up approximately 10,000 yuan/ton from late July. The price recovery was driven by supply contraction expectations amid new energy efficiency standards and industry self-discipline initiatives.

According to Iran's Islamic Revolutionary Guard Corps (IRGC), the IRGC Navy captured a U.S. Remus-600 unmanned submarine conducting reconnaissance operations in the Strait of Hormuz on September 27. The IRGC emphasized that the strategic waterway remains under "closure" and stated it will continue to respond decisively to any dangerous activities and unauthorized navigation in the region.

According to Trump's statement on September 27, the U.S. president said he expects to continue negotiations with Iran this week. The announcement came a day after Trump rejected a ceasefire proposal presented by Iran.

On September 27 evening, Serbian President Aleksandar Vucic announced his resignation during an address to the public. Vucic expressed gratitude to Serbian citizens for their trust in him during two presidential elections.

According to a Capital Market Research Institute report released on September 27, major economies are shifting sovereign bond issuance strategies amid sustained fiscal demand and declining central bank debt purchases. The U.S. has expanded short- and medium-term bond issuance, with 2-, 3-, and 5-year debt comprising 61.9% of fixed-rate coupon auctions through August 2026, up from 55.5% in 2022. Short-term Treasury bills (T-bills) now represent 22.8% of total debt issuance. Japan has reduced ultr

According to Xinhua News Agency, on September 27, France's far-right National Rally formed its first-ever Senate group in partnership with the Republicans of the Right alliance. Party Chairman Jordan Bardella announced the development on social media following the parliamentary upper chamber's election, marking a historic achievement for the far-right movement in France.

According to Guru Club, on Monday, September 28, spot gold prices rose 0.27% to $4,285.12 per ounce, while spot silver prices fell 0.25% to $64.14 per ounce.