Gate Crypto Flash News and Market Updates

According to Mirae Asset Securities, the top 1% performing traders on its platform ranked SK Hynix as the most net-bought stock on September 21, rebounding from the previous day's net-sell position amid renewed expectations for memory chip price recovery in the U.S. market. Meanwhile, Samsung Electronics topped net-sell rankings despite a 4.02% gain to 271,500 won, as traders took profit opportunities. Aurumtherepeutics ranked second in net buying despite a 27.54% decline after Bristol Myers Squ

According to Miraeasset Securities data on Sept 21, the top 1% performing investors on the platform led net buying in SK Hynix, followed by Orym Therapeutics and Samsung Electro-Mechanics, while Samsung Electronics topped net selling. SK Hynix traded at 1.869 million won (up 0.65%), reversing from the previous day's top net-seller position as expectations for memory chip supply improvements in the U.S. market strengthened. Orym Therapeutics ranked second in net buying despite a 27.54% plunge to

According to China's State Bureau of Grain and Material Reserves, the country's grain security is reliably guaranteed despite the impact of a super-strong El Nino this year. The bureau stated that Chinese grain production demonstrates strong resilience with stable output, bolstered by comprehensive policy measures and the nation's vast geographic scale. Additionally, China maintains a well-established grain reserve system comprising government and enterprise stockpiles that can adjust supply and

According to @tokenterminal, Ethereum added $32.1 million in market cap over the last 30 days within the euro stablecoin market, significantly outpacing competitors Arc and Base, which gained $6.2 million and $1.6 million respectively. The combined growth across the three platforms reached $39.9 million, reflecting increased investor interest in euro-denominated digital assets.

On September 21, foreign investors switched to buying Samsung Electronics after eight consecutive trading days of selling, purchasing over 2 million shares and driving the stock above 270,000 Korean won amid broader semiconductor strength. Major foreign brokerages including Citigroup, Morgan Stanley, and Goldman Sachs led the buying, according to market data. South Korea's semiconductor exports reached 34.12 billion dollars in the first 20 days of September, accounting for 47.8% of total exports

According to Newsis, South Korea's KOSPI index opened at 6,938.34 on September 21, up 0.64% from the previous session, with the KOSDAQ gaining 0.43% to 830.71. The market is bracing for a U.S.-China summit scheduled for September 24, expected to focus on trade truce extension, mutual tariff reductions, and technology controls. South Korean securities analysts recommend investors maintain holdings in leading stocks, citing potential resolution of trade uncertainty following the summit. VKOSPI vol

According to F&Guide, on September 21, South Korean brokerage firms issued 251 upward price target revisions for domestic listed companies over the past month, with Hyundai Marine and Fire Insurance and Hanmi Pharmaceuticals each receiving 13 upgrades—the most among all stocks. Samsung Electronics saw the widest divergence, with target prices ranging from 650,000 won (Korea Investment Securities) to 270,000 won (BNK Investment Securities), reflecting conflicting views on memory chip supply dynam

According to Shanghai Longquan Metals, MMLC battery-grade lithium carbonate midprice reached 130,450 yuan/ton today, up 200 yuan/ton from yesterday's 16:30 closing price.

According to The Fact, Kakao's stock has declined 6.28% since August 21, when the company announced plans to split into Kakao AI and Kakao X, as it faces mounting opposition from labor unions and minority shareholders. On September 21, shares traded at 33,150 won, down 1.19% on the day. The union representing Kakao workers criticized the company's shareholder engagement as "show communication rather than genuine dialogue," demanding direct talks with executive leadership. A minority shareholder

According to Korea Gold Exchange, gold fell to 857,000 won per tael (3.75 grams) on Sept 21 morning, down 3,000 won from the previous day. The decline was driven by rising U.S. Treasury yields, with the 10-year yield exceeding 5% and the 2-year yield reaching 4.741%, its highest level since July 2024. Higher bond yields reduce the relative appeal of non-yielding gold as an investment.

According to F&Guide, South Korean brokerage firms issued 251 target price upgrade reports on listed companies between August 17 and September 18, outnumbering 246 downgrade reports during the same period. Hyundai Marine and Fire Insurance and Hanmi Pharmaceutical received the most upgrades, each appearing in 13 reports. Analysts cited improving insurance underwriting results and successful pharmaceutical technology transfers for the upgrades. Separately, Samsung Electronics saw the widest targe

According to Korea Exchange, T'way Holdings fell 14.68% to 907 Korean won on Sept 21, the first trading day after the company was designated a management stock on Sept 18 due to failing to meet the minimum market cap requirement of 300 billion won for 30 consecutive trading days. The stock fell as low as 830 won intraday and has not recovered to its previous close of 1,063 won since trading resumed. On Sept 18, the company announced a 59.63 billion won debt guarantee for subsidiary Trinity Air's

According to Newsis and Korea Exchange, KOSPI index recovered above the 7000-point level during intraday trading on September 21 for the first time in eight trading days. The index rose 82.45 points (1.20%) to 6976.68 as of 10:03 a.m. KST, having briefly reached 7010.42 in early trading. Foreign investors and institutional buyers drove the rally, with net purchases of 171.2 billion won and 125 billion won respectively, while retail investors sold 569.6 billion won. Semiconductor stocks led gains

According to BlockBeats, on September 21, analyst Beni publicly questioned prediction market platform Kalshi over alleged inflation of cryptocurrency trading volumes. Beni cited data showing Kalshi's ETH-PERP had approximately $3.1 million in open interest but $538.6 million in 24-hour trading volume, implying the entire position turns over roughly 174 times daily. He also noted the largest single position on the platform was only $17,600, significantly smaller than the reported volume figures.

According to bond market sources, SK Hynix has a significant concentration of credit bond maturities scheduled for 2028 and 2029, with daily redemptions reaching approximately 3 trillion won on peak days. Maturities in 2028 are concentrated in early May, mid-July, and early October, while 2029 sees peaks in early April, late June, and early-to-mid July. This concentration poses a potential liquidity risk, as semiconductor firms Samsung Electronics and SK Hynix are withdrawing large deposit balan

On September 21, Taobao announced its global Double 11 campaign will launch simultaneously across 20 markets with over 1.2 million merchants participating. Free shipping will be available in 13 countries and regions, with zero purchase thresholds in Hong Kong, Macau, Singapore, and Malaysia. The platform will also introduce new features on its homepage, including a Discover channel, overseas rankings, and curated lists to boost international shopper engagement.

According to Defillama data, Pons, a Meme coin issuance platform on Robinhood chain, generated $24.33 million in revenue over the past 30 days and entered the top 10 in crypto monthly revenue rankings on September 21. The top three were Tether ($488 million), Circle ($198 million), and Hyperliquid ($62.5 million).

According to Jin10, China's interbank bond market yields showed narrow fluctuations early on September 21. The 30-year special long-term Treasury "26 Ultra-Long Special Treasury 04" yield rose 0.05 basis points to 2.149%. The 10-year policy bank bond "26 Development Bank 05" yield declined 0.05 basis points to 1.7605%, while the 10-year Treasury "26 Treasury Bond 10" yield fell 0.05 basis points to 1.6755%.

According to Jin10 Data, on September 21, China Gold Association Vice Chairman Yan Diyong traveled to Hong Kong to conduct sector research. During the visit, he held in-depth discussions with Hong Kong SAR government institutions, the gold exchange, industry organizations, and major gold enterprises. The research aims to advance mutual connectivity between the mainland and Hong Kong gold industries, strengthen Hong Kong's role as a gold storage hub, and support member enterprises' international

According to China Earthquake Networks Center, a 3.0-magnitude earthquake struck Bangor County, Nagchu City, Tibet on September 21 at 10:23 a.m. local time. The epicenter was located at 31.83°N, 89.18°E, with a focal depth of 10 kilometers.