Gate Crypto Flash News and Market Updates

According to ChainCatcher, Papertrade.xyz announced that its perpetual futures trading platform built on Hyperliquid technology will launch on October 10, 2026.

According to Shinhan Investment Securities on September 30, the South Korean stock market will likely move within a target band of 6,500 to 8,300 in the fourth quarter, based on a 12-month forward earnings per share (EPS) of 1,314 points and a fair price-to-earnings ratio (PER) of 8.42 times with a 75% confidence level. Lab Research Director Noh Dong-gil noted that the third quarter's market decline resulted from multiple contraction rather than earnings deterioration. The U.S. Federal Reserve's

According to Shinhan Investment Securities' forecast released on September 30, South Korea's KOSPI is expected to trade between 6,500 and 8,300 in the fourth quarter, with corporate earnings supporting the floor and U.S. real interest rates capping the ceiling. Analyst Roh Dong-gil attributed the third quarter's 0.27% decline to valuation multiple compression rather than earnings deterioration. The firm applied a 12-month forward EPS of 1,314 points with an adjusted P/E ratio of 8.42 times and a

On September 29, U.S. crude oil prices fell sharply amid easing Middle East supply concerns. WTI crude futures for November delivery dropped 3.48% to $89.38 per barrel, marking the lowest level since August 31. Meanwhile, U.S. bond markets showed diverging moves. The 10-year Treasury yield rose 1.60 basis points to 5.256%, while the 30-year yield climbed 3.20 basis points to 5.594%, reaching its highest level since June 2002. U.S. equity markets closed slightly lower, with the Dow Jones falling

According to Yonhap Infomax, Kakao's board of directors opposed Kakao Mobility's U.S. American depositary receipt (ADR) listing on Sept 22, stating that the current structure would not provide sufficient economic benefits to Kakao and its minority shareholders. The board cited risks including NAV (net asset value) discount expansion and lack of direct capital inflow to the parent company. The decision contrasts with Solidigm, SK Hynix's U.S. subsidiary, which is pursuing a potential IPO where th

According to Yonhap Infomax, Solidigm, the memory chip and SSD unit spun from SK Hynix's $9 billion acquisition of Intel's NAND business, is planning a Nasdaq IPO as early as next year, with valuation reaching up to $150 billion and expected IPO size around $15 billion. The company is conducting competitive bidding among investment banks for IPO underwriting. Solidigm's business value has surged amid booming demand for high-capacity enterprise SSDs driven by generative AI and data center expansi

According to Yonhapinfomax, on September 9, 14 members of South Korea's National Assembly, led by Democratic Party Rep. Ahn Do-geol, submitted a revision to the Capital Markets Act requiring parent companies to obtain special shareholder approval before subsidiary listings on overseas exchanges such as Nasdaq. Under current regulations implemented in August, parent company boards must fulfill five obligations when subsidiaries list domestically, but overseas listings face no mandatory shareholde

According to Foresight News, Bitget PoolX launched a BTC staking program on September 29, offering users 12.37% APR. The program runs through October 4, with individual staking capped at 50 BTC.

According to Money Today, Samsung Electronics and SK Hynix rose on the morning of September 30, climbing 1.1% to 275,500 won and 2.38% to 1,807,000 won respectively, boosted by gains in U.S. semiconductor stocks overnight, including Micron, Broadcom, and TSMC.

South Korean defense technology company Duksan Nepcore jumped 85.27% on September 30, its first day of trading on KOSDAQ. The stock opened at 27,050 won, compared to its initial public offering price of 14,600 won as of 9:12 a.m. local time. Founded in 2012, Duksan Nepcore specializes in satellite navigation and anti-jamming systems, offering comprehensive solutions across navigation technology sectors. The listing marks the first exception under South Korea's financial authorities' duplicate li

According to Hana Securities Quant Team on Sept. 30, U.S. stock markets are expected to consolidate in the fourth quarter following November's midterm elections, with a stronger rebound anticipated in the first half of 2027. Analysis of six midterm election cycles since 2000 shows the S&P 500 typically rises 3.6% on average in the election year's fourth quarter, but the team projects modest performance given the index has already gained 14% year-to-date. If the ruling Republican Party experience

According to data submitted by Rep. Seo Il-jun's office on September 29, South Korean life insurers saw 726,902 contract lapsers in the first half of 2026 due to unpaid premiums, averaging approximately 4,000 daily. Fifty-year-olds and above accounted for 62.2% of individual policy cancellations among tracked carriers, a nine percentage-point increase from 51.7% in 2021; those aged 60 and above jumped to 32.2% from 21.1% over the same period. Average cancellation payouts rose 29.7% year-over-yea

According to Kim Chang-ho, a researcher at Korea Investment & Securities, the U.S. NHTSA finalized on September 30 the 2031 CAFE standard, lowering it to 34.9 mpg from 50.4 mpg—a 31% reduction. The change is expected to reduce automotive industry technology compliance costs from $115.8 billion to $60.6 billion for 2027–2031, with GM ($20.4B), Stellantis ($6.6B), and Ford ($5.8B) as the primary beneficiaries. While Detroit's "Big Three" gain near-term relief, Hyundai and Kia hold structural advan

According to KSD (Korea Securities Depository), the organization will deregister mandatory holding restrictions (MHR) on shares from 34 listed companies totaling 99.32 million shares in October 2026. The deregistrations include 7.02 million shares from 1 company on the main KOSPI market (HJ Heavy Industries, October 28) and 92.3 million shares from 33 companies on the KOSDAQ market, with releases scheduled between October 1-24.

According to Jin10, on September 30, gold stabilized after Tuesday's gains as traders balanced falling oil prices against elevated U.S. Treasury yields. The 30-year U.S. Treasury yield rose for a sixth consecutive trading day to its highest level since 2002, driven by concerns that sustained energy costs could prompt further Federal Reserve rate hikes. Higher bond yields typically reduce the appeal of non-yielding gold. Markets will closely watch U.S. personal consumption expenditure data (PCE)

According to The Block, Aztec Labs relaunched zk.money, a self-custody privacy wallet, on September 30 on its Aztec Network, an Ethereum Layer 2 focused on privacy protection. Unlike standard Ethereum wallets, zk.money does not publish user balances, payment amounts, or transaction counterparty information on a public ledger. The original zk.money, launched in 2021, was discontinued in 2023 as Aztec Labs shifted focus to building Aztec Network. The prior version supported over 75,000 unique user

According to ChainCatcher, on September 29, Multicoin Capital announced it invested in decentralized bandwidth network Grass through its hedge fund and venture fund. Grass has recruited over 6 million contributors to share idle bandwidth for querying and parsing public internet data over the past 18 months. The company reported revenue of $17 million in 2025 and another $17 million in the first half of 2026, with nearly all AI clients making repeat purchases. Grass projects 2026 training data re

According to Bitget, South Korea's KOSPI index opened up 79.51 points, a 1.16% gain, reaching 6,950.32. Japan's Nikkei 225 index rose 600.53 points, up 0.92%, to 66,081.80 on market open.

According to Yonhap Infomax on September 30, Korea Electric Power Tech (KEPCO Tech) posted a 36% year-to-date return, outperforming parent Korea Electric Power and subsidiary KEPCO KPS as the U.S. government prepares to announce a domestic nuclear plant construction project involving eight large reactors. KEPCO Tech, which handles reactor system design (NSSS) and engineering, is positioned for direct benefits from the project, with shares closing at 122,300 won on September 30 after peaking at 1

Lumia community voting on the LGP-01 governance proposal is now open. The proposal calls for the Lumia Foundation treasury to repurchase all remaining HyperNode rewards over the next 18 years at a fixed price of 0.09 USDT per LUMIA, representing over 10% premium to the 30-day time-weighted average price. Upon completion, the original node reward program will be terminated. The one-time full buyback aims to consolidate the foundation's treasury management while establishing a growth fund for ecos