Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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Samsung Active's KoAct High Dividend ETF Hits 62.5 Billion KRW AUM in Just 2 Months

According to the Korea Exchange, Samsung Active Asset Management's KoAct High Dividend Active ETF reached 62.5 billion KRW in net assets as of September 23, roughly two months after its listing on July 28. Individual investors drove strong demand, accumulating net purchases of 23.9 billion KRW with a return of 4.12% over the period. The fund will distribute 82 KRW per share this month at a payout ratio of 0.8%, with distributions scheduled for October 2.
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Korea Securities Depository and Korea Securities Finance Sign 1 Trillion Won Securities-Backed Loan Deal

According to Korea Securities Depository, the institution and Korea Securities Finance signed a maximum 1 trillion won securities-backed loan agreement on Sept 28 to support a new settlement payment system taking effect on Sept 29. The agreement aims to provide immediate liquidity when institutional investors or foreign participants fail to settle payments. Under the new system, the depository can accept securities such as stocks and bonds as collateral instead of cash, though securities require
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Samsung Electronics, SK Hynix Fall Over 2% as U.S. 10-Year Yield Hits 5.2%

According to News1, Samsung Electronics and SK Hynix fell 2.1% and 2.6% respectively on Sept 28 morning, with Samsung trading at 279,500 Korean won and SK Hynix at 1,813,000 won. The declines followed a surge in U.S. long-term Treasury yields during the holiday break, with the 10-year yield reaching 5.2% on Sept 24 and stabilizing at 5.16% on Sept 25. Rising bond yields pressured technology stocks, contributing to weakness in semiconductor shares across major indices.
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B300 GPU Rental Prices Exceed $24 Per Hour; Short-Term Contracts Rise Above $7

According to X user gpugene, B300 GPU rental prices have exceeded $24 per hour in some trades, with shorter-term contracts (less than 1 year) maintaining prices above $7 per hour and continuing to rise. Gpugene discussed using GPU futures derivatives to hedge against price increases while maintaining flexibility in rental duration. A sample trade cited 2,048 B300 GPUs available at $4.15 per GPU hour for a 5-year lease totaling $372.3 million; a call option with a $4.50 strike price carried an es
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00:46
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JPMorgan: GBP, EUR, Latin American Currencies Face Risk from U.S. Diesel Export Ban

According to JPMorgan Chase strategy analysts including Meera Chandan, a potential U.S. diesel export ban could widen supply and price gaps globally, putting multiple currencies at risk. Among developed markets, the British pound and euro face the highest exposure, while Latin American currencies carry the highest risk globally. The researchers noted that direct import countries would be hit first, with emerging markets more vulnerable than developed ones. Additional exposed currencies include t
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00:45
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Microstrategy Plans Daily Dividends for Preferred Shares; Annual Yield Stays at 12%

According to CoinDesk, on September 25, Microstrategy (MSTR), the world's largest corporate holder of Bitcoin, announced plans to implement daily dividend distributions for four listed preferred shares (STRF, STRC, STRK, STRD) via shareholder vote on October 28. The annual dividend yield will remain 12%, with only the payment frequency changing from periodic to daily; distributions will begin November 2 if approved. The move aims to support the share price of STRC, its flagship preferred share,
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BTC0.64%
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Solidigm Pursues IPO in U.S. Next Year with Estimated $150B Valuation, SK Hynix Shares Fall

According to Reuters, Solidigm, SK Hynix's subsidiary that was created through the company's acquisition of Intel's NAND and SSD business in 2021, is pursuing an IPO as early as next year in the United States. The company held meetings with investment banks on Sept 27-28 to select IPO underwriters. The IPO is still in early stages, with the exact timing and scale subject to market conditions. Solidigm's valuation is estimated at up to $150 billion, with plans to raise approximately $15 billion t
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South Korea's KOSPI Index Falls 0.64% to 7,035.82 on Sept 28, Foreign Investors Resume Selling

According to Yonhapinfomax, South Korea's KOSPI index fell 0.64% to 7,035.82 as of 9:19 a.m. on September 28, following the market reopening after the Chuseok holiday. Foreign investors and institutional investors led selling pressure with 104.6 billion Korean won and 41 billion won in net sales, respectively, while retail investors bought 71.7 billion won. The KOSDAQ index climbed 0.69% to 850.34. Semiconductor largecaps including Samsung Electronics (-1.14%) and SK Hynix (-2.52%) declined, whi
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USD/KRW Trades at 1357.6 Won on September 28 as Yen Strength Caps Upside Amid Middle East Tensions

According to News1, the USD/KRW exchange rate traded at 1357.6 won on September 28 morning, up 0.1 won from Friday's close. The U.S. dollar weakened overnight amid yen strength and declining oil prices, with the dollar index falling 0.314 points to 100.971 and USD/JPY dropping to 157.28 yen. Middle East uncertainty has resurfaced following President Trump's official rejection of Iran's seven-day ceasefire proposal, adding upward pressure on the won. However, yen strength and month-end dollar sal
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00:44
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Han-Ol Biopharma Stock Plummets 7.08% as Partner Halts CLE Development on Sept 28

According to Yonhapnews, Han-Ol Biopharma's stock fell 7.08% to 43,300 won on September 28 after partner Immunovant announced halting clinical development of aimeropruvat for cutaneous lupus erythematosus (CLE). The stock dropped as low as 41,600 won (-10.73%) in early trading. IBK Investment & Securities analyst adjusted the target price downward from 73,000 won to 70,000 won, citing reduced pipeline value, though maintaining a "buy" rating pending results from other indication trials expected
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00:42
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Multiple Tokens Including SUI, EIGEN, ENA Unlock Billions This Week

According to BlockBeats citing Token Unlocks, multiple tokens will unlock significant amounts this week. Sui will unlock 13.26 million SUI ($16.7 million, 0.32% of circulating supply) on October 1 at 8 a.m. UTC+8. EigenCloud will unlock 36.82 million EIGEN ($10.3 million, 5.19% of circulating supply) on October 1 at noon. Ethena will unlock 40.63 million ENA ($11 million, 0.45% of circulating supply) on October 2 at 3 p.m. Other tokens unlocking this week include Falcon Finance (77.14 million FF
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SUI10.40%
EIGEN4.90%
ENA0.76%
FF0.06%
KMNO-1.71%
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South Korea's National Pension Fund Sees 101 Alternative Investment Staff Departures Since 2017, Lowest Salaries Among Investment Units

According to South Korea's National Assembly Budget and Accounting Committee, the National Pension Service's alternative investment division recorded 101 employee departures from 2017 to August 2026, the highest turnover rate across all investment units, while offering the lowest average base salary of KRW 84.65 million among seven investment departments. The gap widened from 2021 onward, with alternative investment staff earning approximately KRW 10 million less annually than non-alternative di
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Rocket Healthcare Launches Hair-Growth Candidate Trial at 4 Indian Hospitals With 120 Patients

According to Rocket Healthcare's statement on September 28, the company launched clinical trials of a hair-growth candidate at four hospitals in India—including facilities in Mumbai and Ahmedabad—involving 120 patients. The candidate works by improving the microenvironment around hair follicles rather than suppressing DHT (dihydrotestosterone), stimulating dormant follicles back into the growth phase through effects on blood flow, growth factors, and follicle cell activity. The stock rose 6.76%
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Korea Investment & Securities Hosts GPU Financing Briefing on Sept. 30

According to Korea Investment & Securities, the company will host a financial briefing on data center project financing (PF) and GPU financing structures on Sept. 30 at its headquarters in Seoul. The briefing will bring together institutional investors, construction firms, asset managers, and AI infrastructure operators to discuss the current state of South Korea's data center development finance market and strategies for applying GPU financing—a capital structuring model increasingly popular in
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FromBio Stock Falls 19.32% After Designated as Managed Stock on Sept 28

On Sept 28, FromBio stock fell 480 won (19.32%) to 2,005 won after being designated as a managed stock by Korea Exchange. The designation followed 30 consecutive trading days in which the company's market cap remained below 20 billion won, with the previous trading day close at 2,485 won reflecting a market cap of approximately 14.1 billion won. Under the designation, the stock will be delisted if it fails to exceed the 20 billion won threshold on 24 or more of the next 90 trading days.
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Daishin Securities Raises HPSP Target Price to 71,000 Won on September 28

According to Daishin Securities, the brokerage raised its target price for HPSP to 71,000 won from 63,000 won on September 28, maintaining a 'buy' rating. Analyst Ryu Hyung-geun cited semiconductor equipment capex expansion and customer diversification driving projected growth over the next two years. NAND flash equipment shipments are expected to increase 70% in 2027, while high-pressure annealing equipment adoption is forecast to expand to five customers, positioning these segments as key grow
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KOSPI Falls 0.46% on Sept 28 After Holiday, KOSDAQ Rises 1.41%

According to Yonhapnews, South Korea's KOSPI index fell 0.46% to 7,048.13 points as trading resumed on Sept 28 following the Chuseok holiday. The KOSDAQ, meanwhile, rose 1.41% to 856.41 points. Samsung Electronics and SK Hynix each declined 1–2%, while smaller-cap stocks outperformed. The recovery in U.S. equities—with the S&P 500 and Nasdaq both gaining approximately 0.5% in recent sessions—and extended U.S.-China trade truce negotiations provided some support, though elevated U.S. Treasury yie
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00:38
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KOSPI Fluctuates Around 7,000 as Retail Investors Net-Buy 165.2B Won After Chuseok Holiday

According to Newsis, on September 28, the first trading day after the Chuseok holiday, KOSPI fluctuated around the 7,000-point level, declining 0.51% to 7,044.70 as of 9:30 AM. Retail investors net-purchased 165.2 billion won, offsetting combined selling by institutions and foreign investors totaling 179.2 billion won. The moves followed overnight gains on U.S. markets, where expectations around U.S.-Iran peace negotiations supported a rally: the S&P 500 rose 39.28 points (0.51%) to 7,743.41, wh
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South Korean Solar Companies Surge 13% on Brokerage Advice to Buy Before U.S. Policy Deadline

According to Hana Securities, South Korean solar companies surged on September 28 morning ahead of a U.S. trade policy deadline. Hanwha SolarOne rose 13.18% to 33,050 Korean won, with Hansol Technics, OCI Holdings, HD Hyundai Energy Solution, and others gaining 5-14% in tandem. Hana Securities recommended buying domestic solar firms before the U.S. Section 232 trade measure takes effect on December 4, which allows the U.S. president to impose tariffs or import restrictions on foreign goods deeme
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