Gate Crypto Flash News and Market Updates

Japan's base money fell 15.2% year-over-year in September, according to official data, improving slightly from the previous reading of -15.7%, marking a 0.5 percentage point narrowing in the year-on-year decline.

According to Yonhapnews TV, Kiwoom Securities launched a conversational AI search feature on October 2 through its HeroFiled S# mobile app. The tool allows customers to ask questions in natural language and receive guided navigation to relevant menus, stock quotes, and consultation services. Users can inquire about transaction history, stock prices, or business procedures, with the AI responding through the company's mascot character Kiuma. The system uses multiple AI agents coordinated by a cen

According to E-Daily, Hyurim Robotics, a KOSDAQ-listed robotics company, completed its September 29-30 general public offering on October 2, achieving a cumulative subscription rate of 13,571%. The company received 52.398 million share applications against a planned 386,102 shares, bringing in approximately 271.4 billion Korean won in deposit funds based on the confirmed issue price of 5,180 won per share.

According to Jin10 Data, Russian President Vladimir Putin stated on October 1 at the 23rd annual conference of the Valdai International Discussion Club that Russia would consider deploying its entire arsenal if its Kaliningrad exclave or other Russian federal territories came under attack. NATO has recently conducted drills targeting the region. Russia previously warned that if NATO blocks Kaliningrad, Moscow would be prepared to use all means, including nuclear weapons, to defend its territory.

According to The Block, Ethereum Foundation has launched zkAPI on the Ethereum mainnet. The protocol, based on a design co-authored by Vitalik Buterin, enables users to make payments for AI and other API services using pre-funded ETH or USDC through zero-knowledge proofs, allowing payments while keeping specific requests hidden from service providers.

According to Yonhap Infomax, on October 2, the Korea Securities Depository (KSD) announced sweeping reforms to its settlement system for foreign investors. The agency renamed the 'Settlement Promotion Fund' to 'Settlement Performance Guarantee' and expanded its scope to include the evaluated value of stocks received through equity market settlements. KSD established specific calculation formulas and recognition limits for collateral valuation. The reforms broaden available liquidity sources for

According to Samsung Securities on October 2, the brokerage downgraded its price target for Studio Dragon to 30,500 Korean won from 33,000 won, citing structural profitability improvements despite lower production volume. The firm maintained its "Buy" rating. Samsung Securities forecasts Studio Dragon's Q3 revenue at 167.4 billion won, up 22.6% year-over-year, with operating profit of 18 billion won, up 71.9% year-on-year—exceeding market consensus of 13.6 billion won. The company projects 2026

According to overnight New York trading, Tesla closed lower despite reporting strong European demand, with September vehicle registrations surging 62% in France and 38% in Sweden compared to a year earlier. European registrations for January–August were up over 43% versus the prior year, outpacing the broader regional EV market. SpaceX stock also declined despite successfully launching a Falcon 9 rocket carrying four astronauts to the International Space Station for a scientific mission studying

According to Samsung Securities, on October 2, the firm cut Studio Dragon's target price to 30,500 Korean won from 33,000 won while maintaining a buy rating. The analyst noted that despite lower production volumes this year (22-24 titles projected), structural profitability improvements are underway through focused investment in high-margin content, expanded global OTT distribution via Netflix and Amazon Prime, AI utilization, and cost management. Samsung Securities forecasts Studio Dragon's Q3

According to Bernstein, shares of Coherent, Lumentum, and Ciena surged on October 1 after the investment firm assigned all three optical networking companies an "outperform" rating, calling them structural winners in AI infrastructure. Coherent climbed 10.90%, Lumentum rose 7.67%, and Ciena gained 7.77%. On the same day, Coherent launched PhotoLink, an optical platform designed for AI infrastructure, with CEO Jim Anderson stating that AI's next leap requires new ways to connect semiconductors be

According to Korean financial sources, IBK Corporate Bank launched a credit portfolio management system overhaul on October 2 in response to rising loan defaults among small and medium enterprises. The bank will incorporate regional factors, credit scores, collateral levels, and policy finance alignment into its lending evaluation criteria, moving beyond sector-based classification alone. The initiative includes piloting an AI analytical model to optimize loan asset allocation across business se

Nvidia is pushing a $500 billion financing plan using AI chips as collateral, but it faces scrutiny from Wall Street banks over chip lifespan and residual value. On Oct 1, Nvidia stock rose 1% to $230.86 despite the controversy. Nvidia CEO Jensen Huang argues that high-end GPUs can generate revenue for up to 10 years, yet banks typically assume 3-4 year depreciation when evaluating collateral risk. Concerns about rapid semiconductor technology iteration and limited historical data have led finan

Japan's Tokyo unadjusted CPI rose to 0.6% month-on-month in September, up from 0.4% in the prior month.

According to IBK Investment & Securities, K-fashion e-commerce platform Musinsa is facing valuations of 8-10 trillion Korean won (approximately $6-7.5 billion USD equivalent) as it prepares for its expected 2027 IPO, though analysts emphasize additional financial confirmation is necessary. At an 8 trillion won valuation, the company's EV/GMV multiple stands at 1.6x, EV/Sales at 5.5x, and EV/EBITDA at approximately 34.5x, based on 2025 figures. The analyst also noted that comparable global e-comm

According to IBK Securities analyst Jo Kyung-jin today, South Korean fashion e-commerce platform Musinsa's valuation range of 8-10 trillion won ahead of its initial public offering largely reflects future growth potential and platform value rather than current earnings. Based on 2025 performance, an 8 trillion won valuation translates to an EV/EBITDA multiple of approximately 34.5 times. Jo noted that justifying valuations above 8 trillion won requires confirmation of additional profitability me

According to Yonhap Infomax, on October 1 (U.S. Eastern time), U.S. Treasury yields plummeted after reaching 24-year highs, with the 10-year yield falling 5.8 basis points to 5.235% and the 30-year yield dropping 3.5bp to 5.603%. The 2-year yield fell 10bp to 4.787% amid broad reversal buying after September's 54.70bp surge in short-term yields. Meanwhile, the euro-dollar rate collapsed below 1.124, hitting 1.12399—a one-year low—as France submitted a fiscal retrenchment plan amid soaring bond y

According to Reuters, on October 2, the International Monetary Fund approved a $139 million disbursement to El Salvador and granted a waiver for the country's bitcoin holdings violations. The IMF Executive Board completed the second and third reviews of El Salvador's $1.4 billion Extended Fund Facility arrangement, enabling immediate fund release. The IMF cited El Salvador's better-than-expected economic performance, driven by improved security and investor confidence. While some performance cri

According to Yonhap Infomax, Samsung Electronics is expected to post operating profit of approximately 105.5 trillion won in Q3 2026, representing a 767% year-over-year increase from the same period last year, with revenue reaching 198.8 trillion won. The earnings surge is primarily driven by rising DRAM and NAND flash memory prices alongside expanded HBM shipments, with analysts projecting the memory division's operating profit margin to reach 70-80%. The company is expected to announce prelimi

According to Zhitong Finance, the Hang Seng Index ADR fell on Thursday (October 2), closing at 24,451.60 points, down 161.67 points or 0.66%, while major U.S. equity indices posted gains. Among large-cap blue chips, HSBC Holdings declined 4.83% to 150.361 Hong Kong dollars, and Tencent Holdings fell 1.70% to 423.684 Hong Kong dollars, both compared to their Hong Kong closing prices.

According to financial industry sources, on October 2, South Korea's four major financial groups (KB Financial, Hana Financial, Woori Financial, and Shinhan Financial) have launched CEO succession procedures for their subsidiaries. The process expands the role of internal recommendation committees (임추위), which now participate more actively in candidate nomination and evaluation, according to guidance from the Financial Supervisory Service issued on September 23.