Gate Crypto Flash News and Market Updates

According to South Korea's Financial Services Commission, announced on September 28 at Korea Premium Week, the regulator will accelerate adoption of Bear Hug disclosure rules requiring listed companies to mandatorily announce M&A offers and board opinions to all shareholders. The measure aims to improve corporate valuations of chronically undervalued firms by requiring immediate public disclosure of acquisition proposals and forcing independent board assessments. The amended capital market law,

According to the Financial Services Commission on Sept 28, Goldman Sachs and BlackRock executives met with South Korea's financial leadership to reassess the nation's capital market outlook. Goldman Sachs Asia-Pacific head Kevin Snyder reiterated the bank's 12,000-point KOSPI target, citing South Korea's competitive advantages in semiconductors, AI, energy, and finance. BlackRock co-head Jude Abdel-Majeed praised the government's regulatory reforms and called the National Growth Fund "strategica

According to a Hana Securities report on September 29, the U.S. and China have extended their trade truce by two months to January 10, 2027, easing immediate tariff escalation risks. However, the extension does not lower actual tariff costs for companies, as key tariffs and tech-focused disputes remain under negotiation. Both nations agreed to recommend preferential tariff treatment on 30 billion dollars each in non-sensitive goods, though no definitive tariff cuts have been confirmed. As geopol

According to iShares Silver Trust data, the world's largest silver ETF saw its holdings decline by 14.05 tons yesterday, bringing total holdings to 15,364.64 tons.

According to South Korea's financial investment industry, Hyundai Motor decided to cancel 2.505 million shares (worth approximately 789 billion Korean won) on Sept 28. However, the stock price fell 15.8% from Sept 27 closing, ending at 353,500 won. Large-scale share buybacks have failed to drive sustained price gains following a mandatory cancellation law implemented in March. HMM previously canceled 81.8 million shares (worth approximately 2.14 trillion won) in August 2025, yet its stock declin

According to Shinyang Securities analyst Park Jin-soo on September 29, the brokerage maintained a buy rating and 170,000 Korean won price target for EcoPro BM. While short-term sales headwinds persist at major customers, Park expects a significant boost from European customer deliveries beginning in the second half of 2027 and the consolidated contribution from an Indonesian nickel intermediate plant (BNSI). The analyst projects long-term earnings growth, with consolidated sales potentially reac

According to Iranian media outlet Fars News, on September 29, Iran's deputy chief of the parliamentary committee on national security and foreign policy stated that the nuclear issue is no longer the core focus of negotiations. The Strait of Hormuz has become the central point in talks with the United States.

According to Michael Hartnett, Bank of America's chief strategist, if the MOVE index—which measures U.S. Treasury volatility—surges above 125 while the iShares Global Finance ETF (IXG) falls below $125, equity markets may face a sharp "risk-off deleveraging event." In recent days, the MOVE index surged 33% within two days, while the 10-year U.S. Treasury yield reached its highest level in 19 years, pressuring bond prices amid rising inflation expectations.

As U.S. midterm elections approach, JPMorgan shifted to a bullish stance on U.S. equities in late September, reversing its neutral position held during the Jackson Hole meeting period. Goldman Sachs data supports the optimism, showing that historically, the 12 prior U.S. midterm elections saw volatile September-early October trading, followed by substantial relief rallies post-election through spring. Over the past 90 years, the S&P 500 averaged 17% gains in the 12 months following midterm elect

According to Korea Securities Depository, Korean retail investors' net purchases of US stocks in August totaled $1.962 billion, down 57.7% from $4.642 billion in July. Daily settlement volume for combined buy and sell transactions also declined, falling from $2.986 billion in June to $1.856 billion in August, a drop of 37.8% over two months. The pullback followed a rebound in US equities: Nasdaq 100 rose 4.2% in August after a 6.6% decline in July, while the S&P 500 gained 2.7%. Higher US Treasu

According to the National Assembly Research Service, South Korea's legislative roadmap for digital assets is stalled as of September 28. The planned Digital Asset Basic Law (Phase 2) public hearing—originally scheduled for late September—was cancelled due to delayed government proposal submission. The bill, which was to include provisions for industry segmentation, stablecoin regulation, and exchange ownership restrictions, now faces uncertain passage timing. Meanwhile, virtual asset income taxa

According to Daol Investment Securities, on September 29 the brokerage lowered Hyundai Wia's target price to 77,000 Korean won, derived from 2027 earnings-per-share estimates multiplied by a 10.5x price-to-earnings multiple. Despite the downward revision, the stock retains a buy rating with over 40% upside potential from its current price of 53,800 won. Daol views Hyundai Wia as the most undervalued automotive affiliate within the Hyundai Motor Group, trading at just 0.4x price-to-book ratio. An

According to EdailyNews, BigWave Robotics, a robotics automation platform operator, debuted on South Korea's KOSDAQ market today (September 29) with an initial public offering price of 18,000 KRW. The company achieved a market capitalization of approximately 184.9 billion KRW and raised 28.8 billion KRW in total funds. The offering recorded a subscription ratio of 1,375.34:1 from retail investors, with institutional investors showing demand at 1,109.37:1 during the book-building process.

According to E-Daily, Global Technology, a fabless semiconductor company specializing in LED driver ICs, listed on KOSDAQ today (September 29) at 10,000 Korean won per share, approximately 23% below the initial price range of 13,000-15,000 won. The IPO raised 40 billion won and received a competitive ratio of 123.19:1 from institutional investors and 57.15:1 from retail investors. In the first half of 2026, the company reported revenue of 28.82 billion won and operating profit of 1.155 billion w

According to Iran's Tasnim News Agency, explosions were heard near Qeshm Island late on September 28. Local sources confirmed the island had not come under attack or experienced an explosion, stating the sounds were typically caused by Iranian warning shots fired at vessels illegally transiting the Strait of Hormuz.

According to Wall Street Journal, OpenAI has abandoned the release of GPT-6.1 Astra due to safety concerns. The company's safety lead stated that the model exhibited regression in safety performance, prompting the decision to halt its public deployment.

According to CME FedWatch on September 29, the Federal Reserve has a 70.9% probability of raising interest rates by 25 basis points at its October meeting, with a 29.1% probability of holding rates steady at 3.75%-4.00%. Through December, the probability of maintaining rates unchanged stands at 5.0%, with a 58.7% probability of cumulative rate increases of 50 basis points.

According to Jin10, a daily currency pairs performance snapshot was released for Tuesday, September 29, 2026. The data shows major currency pair movements for the trading session.

Numeraire (NMR) surged 12.71% to $13.21 in 60 minutes on September 28, reflecting a broader momentum shift in the altcoin sector. The token's 24-hour price change reached 31.05%, rising from a low of $9.71 to its current high. Trading volume stands at approximately $11.24 million, indicating strong market interest.

According to Bloomberg, China has recently expanded exit restrictions on top artificial intelligence talents at private firms to include their spouses and children, who now require prior government approval even for short-term international travel. The restrictions target executives at strategically important AI and semiconductor companies, marking an extension of Beijing's efforts to prevent technology outflow to the United States. Government agencies have begun notifying affected individuals,