Gate Crypto Flash News and Market Updates

According to Korea Securities Depository, domestic retail investors made net purchases of $1.256 billion in U.S. bonds from September 1–28, more than double the $622 million in net U.S. stock purchases during the same period. The shift reflects rising bond yield appeal amid elevated interest rates. The U.S. 30-year Treasury yield reached 5.613% on September 29, its highest level since 2002, while the 10-year Treasury yield stood at 5.264%. Analysts attribute the flow shift to diminished stock at

SK Hynix shares surged today (Sept 30), with the stock trading around 1.8 million won following a renewed inflow of foreign investors. The company's American Depositary Receipts (ADR) rose 2.62% overnight despite broader market headwinds, signaling investor confidence in its AI chip strategy. According to USB, SK Hynix is projected to capture approximately 70% of the next-generation HBM4 market. NH Investment & Securities raised its price target to 3.4 million won with a buy rating, citing stron

According to Counterpoint, Apple's iPhone Duo is forecast to sell 6 million units this year, the analyst firm predicted.

According to Financial News, Korean Steel entered Doosan Enerbility's gas turbine supply chain, delivering initial turbine housing units in H1 2026 and expanding production capacity to 10 units annually. The company's order backlog surged 30% to 8,400 tons by June 30, 2026, from 6,441 tons at end-2025. The growth is driven by rising demand for gas turbines to power AI data centers in North America. Doosan Enerbility's gas and hydrogen division achieved 97% of its annual 3.2 trillion won order ta

According to company announcements, Hanwha Ocean secured 2.89 trillion won (approximately $2.2 billion USD) in shipbuilding contracts during September alone. The orders were led by six eco-friendly container ships from Taiwan's Yang Ming Marine, alongside additional ultra-large gas carriers (VLGC), ultra-large crude carriers (VLCC), and liquefied natural gas (LNG) carriers, demonstrating the South Korean shipbuilder's profitability-focused acquisition strategy in the global decarbonization shipp

According to Shin Young Securities, the firm initiated coverage of Hyundai Autoevers today (Sept. 30) with a Buy rating and a 12-month target price of 540,000 won, up 45.9% from the stock's Sept. 29 closing price of 370,000 won. Analyst Jung Won-seok cited expansion opportunities in system integration and IT outsourcing services as Hyundai Motor Group implements AI data centers and robotic systems across production facilities. Hyundai Autoevers, the group's ICT subsidiary managing IT systems, is

According to the Ministry of Economy and Finance, South Korea's government on September 30 decided to reduce government bond issuance using excess tax revenue boosted by the semiconductor industry's strong performance. The ministry expects tax revenue to increase by approximately 63.2 trillion won this year compared to projections made in March, with bond issuance cuts estimated at around 10 trillion won. Officials also plan to deploy emergency buyback measures if needed to stabilize markets.

According to CNBC on September 29, strategist Jim Cramer warned that deteriorating public sentiment toward artificial intelligence could pressure not only AI-related stocks but the broader U.S. market. Cramer noted that while cultural attitudes have turned against AI companies and their products, AI advocates have failed to adequately counter the narrative shift. He pointed out that Wall Street is losing the narrative battle, and a range of stocks could face headwinds as a result. Cramer cited g

According to Yonhapinfomax, Japan's Nikkei 225 index rose 915.03 points (1.40%) to 66,396.30 on Sept 30, driven by strength in U.S. semiconductor stocks. The TOPIX index gained 0.95% to 4,079.38. The rally was led by AI and semiconductor-related shares, with Tokyo Electron surging over 3% and Advantest also advancing. U.S. semiconductor stocks recovered overnight after earlier weakness, with the Philadelphia Semiconductor Index up 1.32%.

According to Indeed and Yahoo Finance, the U.S. labor force has declined approximately 700,000 this year, marking 2026 as only the second year since 1948 to see employment population contraction without recession. Job postings on the platform showed year-over-year growth turning positive for the first time since 2022, signaling early hiring intent, though experts cautioned the improvement may not translate into actual hiring decisions. Meanwhile, Glassdoor's survey data revealed worker confidenc

According to Calcalist, Israeli cybersecurity startup Rig Security announced a $12 million seed funding round led by Ten Eleven Ventures and Brightmind Partners, with CrowdStrike's Falcon Fund participating as a strategic investor. Founded in early 2025 by former Wiz employee Guy Kozliner, Rig Security provides an AI endpoint security platform that identifies and manages AI agent activity across cloud, on-premises, and identity systems.

The 2026 Financial Street Forum Annual Conference will be held in Beijing from October 19 to 22, jointly hosted by the Beijing Municipal Government and six national authorities including the People's Bank of China, the National Financial Supervision and Management Bureau, the China Securities Regulatory Commission, Xinhua News Agency, and the State Administration of Foreign Exchange, according to the State Council approval.

According to Shanghai Mysteel, on September 30, MMLC battery-grade lithium carbonate mid-price fell to 120,000 yuan per ton in morning trading, down 500 yuan per ton from the previous day's 4:30 PM closing level.

According to Bitcoinist, Verona launched verUSD, a dollar-denominated stablecoin, on September 28 with over $100 million in institutional launch commitments from investors including Animoca Ventures, Figment Capital, and others. The stablecoin is specifically designed for machine-to-machine and AI-agent payments, addressing infrastructure needs for autonomous software to pay for data, computing resources, and APIs at high frequency. Verona deployed verUSD across multiple networks from launch, in

According to ChainCatcher, Binance Pay will allow eligible overseas users to pay PayPay merchants with USDT starting Wednesday (Oct. 1) in Japan. The service operates through the HIVEX payment interoperability framework, with merchants settling in Japanese yen. Binance stated this is the first crypto payment service to connect PayPay's merchant network via HIVEX, and merchants require no additional setup. PayPay is accepted at millions of locations across Japan, including major retailers, small

According to Odaily, Bybit has completed a Deloitte-led SOC 2 Type II audit, independently validating its security framework across governance, technology, processes, and personnel. SOC 2 Type II, established by the American Institute of Certified Public Accountants (AICPA), is recognized as one of the world's most rigorous security and operational assurance standards. The certification complements Bybit's existing ISO/IEC 27001 certification and PCI DSS compliance verification.

According to OKX data, Solana (SOL) breaks through 120 USDT, trading at 120.01 USDT as of September 30, with a 24-hour gain of 2.63%.

According to Yonhapinfomax, as of September 30, South Korea's banking sector recorded a reserve shortfall of 1.48 trillion won, while reserve adequacy surplus stood at 26.64 trillion won. The overnight call rate settled at 3.068% with transaction volume reaching 15.19 trillion won. The central bank reported net reserve increases of 3.2 trillion won against decreases of 6.2 trillion won from fiscal, funding adjustment deposits, and other operations. Month-end constraints in the call market are ex

According to China's National Development and Reform Commission and Ministry of Finance, 62.5 billion yuan in ultra-long-term special government bonds supporting consumer goods old-for-new trade-in were disbursed recently. With this fourth tranche, the full 250 billion yuan allocated for 2026 has now been distributed. The funds are designed to incentivize replacement of aging household appliances and consumer goods, with further work to focus on efficient subsidy processing and prevention of fra

According to Yonhapnews, on September 30, South Korea's KOSPI index opened 1.06% higher at 6,943.47 but momentum faded, trading up just 0.30% at 6,891.40 by late morning. KOSDAQ rose 0.59% to 854.78. Institutional investors and foreign investors turned net sellers, offloading 283 billion won and 166 billion won respectively, while retail investors purchased 30.1 billion won.