Gate Crypto Flash News and Market Updates

On September 16, the Federal Reserve raised its policy rate to a range of 3.75%-4%, with 16 of 18 officials expecting further hikes this year. Bitcoin price, which held a range of $83,000-$83,600, showed greater sensitivity to the rate decision than to a legislative defeat one day earlier. On September 15, the U.S. Senate rejected the CLARITY Act, a bill designed to clarify which federal regulator—the SEC or CFTC—oversees specific digital asset categories. Bitcoin rebounded following the vote, a

According to E-Daily, AriaBioHoldings (code: 290690) terminated its merger agreement with AriaBio on September 29, citing risks from large-scale share repurchase demands amid uncertain business conditions. The company stated that halting the merger served the interests of both parties and their shareholders.

According to the Financial Investment Association, A1-rated 91-day commercial paper (CP) rates in South Korea closed at 3.38% on September 29, marking the highest level of the year. The rate jumped 0.12 percentage points in just six trading days since September 18. As corporate bond yields surged to over 4.7% for three-year AA-rated instruments, companies increasingly shifted to short-term CP borrowing. The combined balance of CP and electronic short-term bonds reached 349.6 trillion won as of S

According to Korean Economic Daily, South Korean apparel manufacturer Cisite's stock price surged 147.85% over one week, closing on Sept 29 at 16,730 Korean won with the maximum daily limit of 29.99% gain. The surge follows the announcement on Sept 23 that the family of Gu Mi-hyun, former chairman of Amorepacific subsidiary Ahwahome, is acquiring 74.94% stake in Cisite for approximately 50.4 billion Korean won (about $38 million). Gu acquired 29.74% stake personally, while his son Lee Seok-joo o

According to Korea Exchange data as of September 29, Samsung Electronics has completed 87.3% of its planned share buyback program, executing 13.1 trillion Korean won of its announced 15 trillion won target. SK Hynix has reached 75% progress on its 40 trillion won buyback plan. Both companies are expected to complete repurchases in early October. Samsung currently purchases approximately 2 million common shares daily, while SK Hynix acquires around 600,000 shares per trading day. During the past

According to the Korea Exchange, as of September 29, Samsung Electronics has completed 87.3% of its 15 trillion won share buyback program, with 13.1 trillion won executed. SK Hynix has reached 75% completion of its 40 trillion won buyback plan. At current pace, Samsung's buyback will conclude within 3-4 trading days, while Hynix's should finish within approximately 10 trading days in early October. Over the past month (August 28–September 28), these corporate buybacks have been the primary force