Gate Crypto Flash News and Market Updates

According to China's railway authority, the China-Europe railway middle corridor surpassed 3,500 train journeys on September 21, with the 1,293rd train departing from Erenhot railway port in Inner Mongolia bound for Europe.

According to Korea Exchange, as of 1:30 p.m. on September 21, semiconductor supply chain stocks surged on the back of strength in U.S. chipmakers. Hanamicron, a packaging and testing firm, rose 14% to 44,000 won, while SFA Semiconductor jumped 20% and YC advanced 17%. Semiconductor equipment maker YC rose 17% and special materials provider TMC climbed 20%. Index leaders Samsung Electronics gained 5.17% to 274,500 won and SK Hynix rose 1.08%. Analysts attributed the rally to recovering investor s

According to Korean Exchange and Yonhap Infomax data released on September 21, the KOSPI index rose in 5 trading days following Chuseok holidays in 19 of the past 26 years, a 73% success rate. The largest single post-holiday gain was 6.27% in 2004. In recent years, the index gained 3.82% last year, 0.60% in 2024, and 1.85% in 2023. Analysts at Daishin Securities note a consistent pattern of weakness before the holiday and rebound afterward, though long-term market direction remains dependent on

According to Barclays economists in a report on September 21, the Bank of Japan has not yet formed clear views on the timing of its next potential rate hike. BOJ Governor Ueda appeared to deliberately mix hawkish and dovish rhetoric during last Friday's press conference to preserve future policy flexibility. Barclays predicts the BOJ will raise rates further in January and July 2027, with the terminal rate reaching 1.75%.

According to Shin Sung-im, head of Mirae Asset Securities' digital asset division in Hong Kong, the firm expects to lead Korean brokers in digital asset infrastructure expansion once South Korea's pending digital asset legislation passes. Speaking today at a Seoul seminar on September 21, Shin noted the company has already successfully launched its unified trading platform MAPS (Mirae Asset Portfolio Service) in Hong Kong in June, which supports both traditional and digital assets. The firm plan

According to Financial News, Samsung Electronics and SK Hynix are approaching completion of their share buyback programs as of September 20-21. Samsung has purchased 39.8 million shares (74.69% of planned volume) while SK Hynix acquired 14.15 million shares (58.79% of target). At current purchasing rates of approximately 2 million shares daily for Samsung and 650,000 for SK Hynix, both companies are expected to finalize buybacks by mid-October. Analysts warn that the end of these buybacks could

According to a CBS News interview on Saturday, Nvidia CEO Jensen Huang said he aims to pay employees "as much as possible," while projecting the chipmaker could pay about $8 billion in U.S. taxes over five years. "The fact that I can afford to pay $8 billion in taxes is a privilege," Huang said. His comments come as chipmakers expand rapidly amid AI growth, with workers in South Korea pushing for larger shares of profits. Samsung Electronics workers secured a 6.2% wage increase and a 10.5% semic

According to its announcement on September 21, SM Gukil (formerly SM National Paper) will acquire and merge with Handuck Iron Ore Industries, shifting its business focus from paper manufacturing to iron ore mining and construction. The merger is scheduled for November 24, with new shares expected to list on December 16. Handuck operates iron ore mining and SOC (Social Overhead Capital) construction projects, with its flagship mine capable of producing up to 1.5 million tons of ore annually at a

According to Beating AI, Zhipu released ZCode under Apache 2.0 license, but developers quickly discovered discrepancies between the GitHub open-source version and the official client download version. The open-source version excludes commercial features, with source code comments explicitly stating it does not include activity benefits, and the NOTICE.md file clarifies that publicly available source code is not guaranteed to contain all official product features and promotional policies. Since Z

According to Mirae Asset, the company is launching the 'TIGER Physical AI Value Chain ETF' on September 22, offering exposure to robots, components, sensors, artificial intelligence, and related software companies. The ETF fixes allocations at 25% each to Hyundai Motor and LG Electronics (50% combined), with the remaining 50% comprising their actual supply chain partners and other AI and robotics-focused firms, including U.S.-listed companies. The fund is designed to rapidly incorporate new huma

According to exit polls released by Russia's All-Russian Public Opinion Research Center on September 20, the ruling United Russia party leads the voting in the ninth State Duma election with 49.4% support. The Communist Party of the Russian Federation ranks second with 14.2%, followed by the Liberal Democratic Party, New People, and A Just Russia.

According to ChainCatcher, Hana Bank has issued a $100 million five-year digital bond using Euroclear's digital financial market infrastructure, marking the first such issuance by a South Korean bank on the blockchain platform. The bond's issuance, registration, and settlement are processed on a distributed ledger network, with settlement cycles shortened from 3-5 business days to same-day completion. Investors can trade the bond through existing accounts and trading systems via Euroclear's glob

Since South Korea Exchange opened an after-hours market on September 14, most securities firms' Home Trading Systems (HTS) and Mobile Trading Systems (MTS) are displaying inconsistent reference prices on individual stock charts. Samsung Electronics' closing price on September 18 shows 260,000 Korean won, up 1.56%, on most brokers' HTS platforms, but the Exchange's KDM system records 261,000 won, up 3.37%, according to the Exchange. The discrepancy stems from the Exchange's quote charts now inclu

According to Eric Nielsen, former chief economist at Goldman Sachs Europe and advisor to UniCredit, the U.S. has become a high-risk debt issuer on September 21. Nielsen wrote on his blog that American public debt exceeds 100% of GDP, with the fiscal deficit at 7% despite full employment, and is projected to reach 120% of GDP by 2036. The U.S. spends over 20% of federal revenue on interest payments, approximately twice Italy's level and three times France's. Nielsen urged European nations to redu

According to Reuters, China's regulators are slowing initial public offerings for humanoid robot companies and heightening scrutiny of revenue from government-backed data collection centers, with some sources describing the IPO process as effectively paused. Regulators are questioning whether such revenue reflects genuine independent customer demand or relies primarily on local government projects, in which authorities fund 80-90% of initial investments. An investor close to the sector estimates

According to Coinglass, the Crypto Fear & Greed Index currently stands at 71, down 1 point from yesterday. The 7-day average is 63, while the 30-day average is 66.

According to Iran's foreign ministry and Qatar's diplomatic channel, Iran's Foreign Minister Abbas Araghchi visited Doha on the evening of September 20 to discuss regional developments before attending the 81st United Nations General Assembly in New York. Qatar's spokesperson Majed Ansari stated on September 20 that Qatar is communicating with both the United States and Iran to facilitate the resumption of negotiations. Ansari noted that multiple U.S. government officials have expressed their de

On September 21 at 1:07 PM KST, South Korea's KOSPI index surged 1.81% to 7,018.85, breaking through the 7,000-point level. The KOSDAQ index also turned positive, rising 1.04% to 835.70. Foreign investors and institutions led buying, with net purchases of 56.4 billion won and 1.1678 trillion won, respectively, while retail investors sold 2.3367 trillion won.

According to South China Morning Post, Chinese chipmaker Hygon Information Technology will unveil a new robotics AI chip on September 22 in Shenzhen. The chip, an iteration of the CPU1000 series, is designed for low-power, embedded, and edge-computing use, targeting applications such as machine vision and intelligent manufacturing.

According to Yonhap Infomax, on September 21 morning, South Korea's 3-year government bond yield rose 2 basis points to 4.047%, while the 10-year yield advanced 4 basis points to 4.464%. The gains were limited as crude oil prices fell in Asia, with October WTI (West Texas Intermediate) declining 2.29% to $98 per barrel. Foreign investors purchased 5,330 contracts of 3-year government bond futures and 4,506 contracts of 10-year futures, providing support to the bond market.