Gate Crypto Flash News and Market Updates

According to France 24, former French President François Hollande may run in next year's presidential election. With France's political landscape fragmented and traditional center-left forces lacking a strong representative, Hollande's improved public perception in recent years has created a new opportunity for a comeback. He is expected to decide by December whether to seek another term.

According to the New York Post, Hunter Biden, the 56-year-old son of former U.S. President Joe Biden, said in an interview on WABC's Cats Roundtable radio show last Saturday that he does not rule out running for the 2028 presidential election. During the interview, Hunter Biden stated his primary concern is the approximately 50 million Americans struggling with addiction issues, and emphasized that his greatest qualification for political office would be upholding the rule of law, expecting the

According to Nomura Securities, Samsung Electronics and SK Hynix maintained buy ratings on September 4 with price targets of 670,000 won and 4.7 million won respectively—more than double current trading levels. The brokerage noted the semiconductor makers have entered severely undervalued territory amid recent price declines. Simultaneously, the Philadelphia Semiconductor Index surged 3.38% as OpenAI's GPT-6 release sparked renewed expectations for AI chip demand. Nomura cited structural memory

According to the Korean Central News Agency, the Kang Gun destroyer was officially commissioned into the Korean People's Navy on September 6 at Wonsan Port. North Korean leader Kim Jong Un attended the commissioning ceremony, according to Xinhua News Agency.

According to Yonhapinfomax, the dollar-won 1-month forward contract fell to 1,344.80 Korean won overnight on September 7, down 5.15 won from Seoul's previous close of 1,350.40 won. The decline comes as U.S. non-farm payrolls surged 162,000 in August, nearly triple the market expectation of 56,000, strengthening the dollar and raising market expectations for a Federal Reserve rate hike in September. CME FedWatch data showed the probability of a September rate increase rising from 49.4% to 58.6%.

According to iM Securities analyst Lee Sang-heon on September 7, Halla Cast projects accelerated growth driven by 920.7 billion won in order backlog and expanding revenues from EV power conversion and robotics components. The order backlog, equivalent to 5.9 times the company's 2025 annual revenue of 155.9 billion won, will enable sustained sales growth through 2029. The analyst noted that earnings from power conversion orders began in Q1 2026 and will continue ramping throughout the year. Halla

According to Korea Investment & Securities, on September 7, the company raised its target price for NHN to 80,000 Korean won from 63,000 won, a 27% increase. The upgrade follows NHN's Q2 results, which demonstrated profitability from the newly operational Yangpyeong data center. The brokerage noted that NHN was the first domestic company to show concrete financial results from an artificial intelligence data center, as most peers remain under construction. As of September 4, NHN stock closed at

According to Yonhapinfomax, CME Group and Silicon Data will launch two compute futures products in October 2026 following regulatory approval. The derivatives will track hourly GPU rental prices for Nvidia's H100 and B200 processors. AI developers can use compute futures to hedge against rising rental costs, while data center operators can manage downside risks from price declines.

According to Business Insider, Royce Investment Partners portfolio manager Jim Stoeffel highlighted microcap stocks (market cap below $300 million) as an overlooked market opportunity, with the Russell Microcap Index gaining 27.5% since April 2025—significantly outpacing the Russell Top 50 Index's 2.0% return and the Russell 2000 Small-Cap Index's 22.6% gain. Stoeffel recommended several names in the space, including DHI Group (DHX-US), which has surged 204% year-to-date and operates in professi

According to Finance Feeds, Orionx, a Chilean crypto exchange backed by Tether, has begun permanent shutdown after a forensic audit identified more than $7 million in customer assets that had allegedly moved outside the company's control. The exchange filed a criminal complaint against former co-founders Roberto Zibert and Joaquín Díaz, alleging transfers occurred between 2018 and 2021. An account associated with Díaz reportedly received more than $1.5 million through 14 transfers, while another

According to SoSoValue aggregate ETF data, U.S. spot XRP exchange-traded funds reached $1.68 billion in cumulative net inflows as of September 4, with combined net assets of $1.48 billion. Bitwise's XRP ETF held approximately 362 million XRP valued at $507.5 million on September 3, establishing it as one of the largest products in the category after crossing $500 million in assets nine months following its November 2025 launch.

According to Jin10 News, OPEC+ decided yesterday to maintain October oil production targets unchanged. Separately, the White House stated that U.S. and Russian officials discussed substantive plans on Russia-Ukraine conflict negotiations, with details to be announced in coming weeks. Ukrainian President Zelenskyy said his meeting with U.S. envoys was 'highly substantive' and emphasized that complex territorial issues require leader-level discussions.

According to a statement from Democratic candidate Amy Acton's campaign team, an armed individual suddenly rushed toward Acton at a rally in Ohio on September 6, knocking down multiple people and injuring them. The exact number of casualties was not disclosed.

According to KB Securities, Samsung Electronics and SK Hynix stocks have fallen 38% from three-month highs as the two South Korean chipmakers face an unprecedented memory supply shortage risk in 2027. The firms' memory inventory has dropped below 10 days as of the third quarter, while global cloud providers are projected to increase AI infrastructure investments by 60% to $1.3 trillion in 2027. Memory semiconductors are expected to account for 57% of AI infrastructure spending next year, up from

According to Shanghai Securities News, on September 6, eight central financial enterprises announced capital supplementation plans totaling 360 billion yuan. The Ministry of Finance will contribute 300 billion yuan via special sovereign bond issuance, while China National Tobacco Corporation and subsidiaries will contribute 60 billion yuan. The funds will be used to supplement core Tier 1 capital and strengthen financial service capabilities.

According to Bank of America chief equity strategist Michael Hartnett in a Friday strategy report, with Trump's approval rating at 35-40%, Democrats face growing odds of gaining full control of Congress in midterm elections. Hartnett warned this would trigger a major risk-off event, driving U.S. stocks and the dollar lower while bonds rally through year-end. If Democrats control Congress, policy could shift from "populist capitalism" to "populist socialism," reversing low-tax and deregulation tr

According to Shanghai Securities News, China rolled out multiple incremental financial policies in late August and early September to expand domestic consumption, boost investment, and stabilize the real estate sector. The initiatives include expanded subsidy lending programs, introduction of new policy-backed financing tools, and comprehensive optimization of real estate credit mechanisms. Officials and industry analysts indicate these policies are designed to form a coordinated framework to su

According to MarketWatch analysis, while August employment data released last Friday showed U.S. non-farm payroll growth of 162,000, underlying conditions reveal significant labor market deterioration. Of the new jobs added, low-wage restaurant and hospitality positions plus temporary teacher hiring for the new school year accounted for approximately 103,000, or nearly two-thirds of the total. Meanwhile, higher-paying technology sector employment actually declined. Real wage growth turned negati

According to DailyIan, as of September 2, South Korea's secondary battery-related ETFs dominated domestic equity ETF rankings over the past month. The TIGER Secondary Battery TOP 10 Leverage ETF led with a 46.17% return, while the KODEX Secondary Battery Industry Leverage ETF followed with 39.02%. Battery-related products claimed four spots in the top 10 ETF rankings. Growth was driven by expanding artificial intelligence data center investments boosting energy storage system (ESS) demand.

According to Nepal Police, the death toll from landslides in affected regions of Nepal reached 1,353 as of 8 p.m. local time on September 6. The figures represent bodies discovered across disaster-stricken areas.