Gate Crypto Flash News and Market Updates

Four South Korean companies plan initial public offerings in early October. MSBio, which develops biomedical products for tissue reconstruction, targets October 12-13 for retail subscription with a proposed price band of 6,800-7,800 Korean won and planned fundraising of 27.2-31.2 billion won. DTS, a heat exchanger manufacturer, will conduct institutional investor demand surveys from October 1-8 with expected fundraising of 37.9-41.2 billion won. Melkon, a semiconductor equipment systems supplier

According to Hankyung Premium 9, Woori Asset Management's 'WON Semiconductor Value Chain Active ETF' delivered a 191.4% return in the first half of 2026, ranking first among domestic active semiconductor ETFs. Fund manager Lee Ho-seok, head of the firm's equity management team, attributed the strong performance to the semiconductor cycle remaining 'on track' despite global macroeconomic uncertainties.

According to the Korea Exchange (KRX) and KOSCOM, foreign investors and retail traders pursued opposite strategies in South Korea's leveraged and inverse ETFs during September 1-23. Foreign investors made their largest net purchase of KODEX Leverage ETF at 214.4 billion won, which tracks the KOSPI 200 index movements at 2x daily. Retail investors, meanwhile, focused on KODEX 200 Inverse 2X at 121.7 billion won, which moves inversely at -2x to the benchmark. By late September, KODEX Leverage gain

This week, BigWave Robotics and Brills are listing on KOSDAQ, following record demand in public offerings. BigWave Robotics posted a subscription competition ratio of 1,375.34:1 with institutional demand reaching 1,109.37:1, while Brills saw competition of 1,676.26:1 and institutional interest of 1,187.74:1. Both robotics automation companies set their offer prices at the upper end of guidance ranges. Global Technology and Ducksan Nepcore also list on KOSDAQ this week (September 29-30), while Me

According to Newsis, Bitcoin rebounded to 86,000 on September 22, marking its highest level in eight months, as it recovered from 110 million Korean won (approximately 84,000 USD) earlier in the week. The recovery was supported by strong institutional capital inflows, with Bitcoin spot ETFs recording a single-day net inflow of 998.9 million USD, the largest in-flow of the year. Market analysts attributed the rally to easing macro concerns, regulatory clarity from U.S. authorities including SEC a

According to Barron's citing SEC filings, Berkshire Hathaway increased its stake in Lennar (LEN-US), the second-largest U.S. homebuilder, to approximately 11% this week. The company purchased nearly 1.7 million additional shares at an average price of about $81 per share on September 24-25, bringing its total holdings to approximately 26 million shares with a market value of $2.1 billion. Berkshire previously acquired 2.6 million Lennar shares on September 17-21, crossing the 10% ownership thres

According to Onchain Lens, Hyperliquid repurchased and burned 10,400 HYPE tokens in the past 24 hours at a volume-weighted average price of $91.97, valued at approximately $956,800. Cumulatively, Hyperliquid has destroyed 48.96 million HYPE tokens worth approximately $4.48 billion, representing 4.90% of maximum supply. The protocol generated $58.27 million in revenue over the past 30 days.

Sui announced that CME Group's micro futures now cover SUI and Sui ecosystem DeFi, according to Sui's X post today. The micro futures product provides the same risk management tools traditionally used in traditional commodity markets to crypto and DeFi traders.

According to Korea Exchange, during the five trading days from September 16 to 23, KOSPI recovered above 7,000 but saw more declining stocks than advancing stocks each day. On September 16, while KOSPI rose 1.37%, declining stocks numbered 578 compared to 304 advancing stocks. On September 18, despite a 2.66% surge, KOSPI still had 465 declining stocks versus 407 advancing stocks. By September 23, KOSPI closed at 7,080.92 (up 0.90%), but declining stocks totaled 548 against 311 advancing stocks.

According to ChainCatcher, SEC Commissioner Hester Peirce announced her resignation effective October 2. Peirce, widely known as "Crypto Mom" for her advocacy of clear crypto regulations, will join Regent University School of Law as an associate professor. Following her departure, the SEC will have two remaining commissioners, Atkins and Mark Uyeda, which constitutes a legal quorum. On the same day, the SEC released a frequently asked questions document on crypto assets, addressing how issuers c

According to CEO and co-founder Paul Frambot, Morpho discovered on Sept. 26 that an unauthorized post about DeFi curator economics was published from its official X account. The message originated from a third-party AI marketing tool and was neither written nor approved by the project team. Morpho removed the post shortly after it went live and immediately revoked the third party's account access. The team is still investigating the incident.

According to Fidelity's Director of Global Macro Jurrien Timmer, Bitcoin could reach $300,000 by 2029 based on a power-law model he has refined over years, representing approximately a 3.5x jump from current levels near $84,000. Timmer's thesis rests on two signals: Bitcoin held above $60,000 for nearly a year, creating what he views as a proper consolidation period before major upward moves, and the 52-week Z-score of the BTC/gold ratio has turned positive, a metric that has historically signal

According to Text Arena leaderboard, Anthropic's Claude Opus 5.5 ranked number one on the crowdsourced AI evaluation platform with a score of 1509 plus or minus 12 points within three days of its September 22, 2026 launch. The model achieved the highest ranking among text-to-text models evaluated through community voting on tasks including math, coding, and creative writing. Opus 5.5 is priced at $4 per million input tokens and $20 per million output tokens, representing a 20% cost reduction ver

According to Cloudflare CEO Matthew Prince, automated traffic surpassed human traffic on the company's network in May 2026, marking a significant milestone arrived earlier than anticipated. The shift reflects a broader trend: Google's crawl-to-visitor ratio has deteriorated from approximately 6:1 to 18:1 or worse, with AI training traffic accounting for 40 to 52% of all AI crawler activity. Starting September 15, 2026, Cloudflare will default to blocking AI training and agent crawlers on ad-supp

On September 5, 2026, U.S. and Russian diplomats removed critical provisions from a draft framework governing lethal autonomous weapons systems during the final negotiating session of the United Nations Convention on Certain Conventional Weapons Group of Governmental Experts in Geneva. The closed-door revisions eliminated requirements for human review of AI-identified targets before strikes are authorized, along with provisions addressing AI system reliability and broader ethical considerations

According to Crypto Briefing, Elon Musk acknowledged that xAI's Grok 4.5, launched on July 8, 2026, falls behind Anthropic's Claude models in performance benchmarks. Musk stated that Anthropic currently leads the AI landscape with no rival competitors matching its top-tier offerings. Grok 4.5 scored just 53% on the DeepSWE 1.1 coding benchmark, trailing both Claude Fable 5 and Claude Opus 4.8 across multiple categories. The model is priced at $2 per million input tokens and $6 per million output

According to FactSet analysis covering June 15 through September 14, 331 out of 493 S&P 500 companies mentioned artificial intelligence during their earnings calls, representing 67% of America's largest public companies. This marks the third consecutive quarter where AI mentions exceeded the 65% threshold, with 331 mentions nearly doubling the five-year average of 178 and tripling the ten-year average of 114. Companies that mentioned AI posted an average stock price gain of 15.7% from December 3

According to Koscom ETF Check and NH Investment & Securities, as of September 23, semiconductor-focused ETF investors in South Korea faced significant losses despite KOSPI's 30% recovery. SOL AI Semiconductor TOP2 Plus posted a loss rate of 84.5%, while TIGER SK Hynix Single Stock Leverage ETF reached 93.7%—among the highest for individually purchased ETFs. In contrast, TIGER US S&P 500 showed only 33.7% investor losses. The disparity stems from retail investors concentrating purchases near mark

According to Korea Exchange, South Korean retail investors faced the largest-scale forced liquidations on record in July 2026, just weeks after accumulating massive positions during market peaks in May and June. The average daily forced liquidation volume in July reached 43.87 billion Korean won across 2,258 accounts, marking the highest monthly average since such statistics began in 2022. Retail investors had purchased 81.33 trillion Korean won of domestic stocks from January through September

According to financial data provider F&Guide, on September 27, 55 percent of 232 South Korean listed companies (127 firms) revised upward their third-quarter operating profit forecasts from three months earlier, while 45 percent (105 firms) cut estimates. Samsung SDI posted the largest upward revision, with Q3 operating profit estimates surging to 125.1 billion won from 14.8 billion won three months prior—an eightfold increase driven by improved ESS (energy storage system) business performance a