Gate Crypto Flash News and Market Updates

South Korea's KOSPI index declined 1% during intraday trading today (September 28).

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

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

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%

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

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.

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

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

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

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

According to CCTV News, the Israeli Defense Forces struck a vehicle in Gaza City on September 27, killing one person and wounding multiple others. The IDF said the operation targeted a military operative; Gaza's Al-Shifa Hospital confirmed the casualties.

According to Guru Club, spot gold fell below $4,240 per ounce on September 28, declining 1.2% during the session.

According to China Foreign Exchange Trade System (CFETS), the Chinese yuan exchange rate index rose 0.39 points to 102.93 on September 24.

Spot gold fell below $4,250 per ounce during intraday trading on September 28, declining 0.82% on the day.

At 8:30 AM Beijing time on September 28, spot platinum declined 0.77% while spot palladium fell 1.19%.

Multiple tokens are set to unlock this week, with combined value exceeding $87 million. SUI will unlock on September 30, valued at approximately $16.71 million, representing 0.32% of its circulating supply. FF will also unlock on September 30, worth around $10.09 million or 2.51% of circulation. CARDS will unlock on the same day at $11.66 million (10.62% of supply). KMNO, GPS, EIGEN, and ENA are scheduled to unlock between October 1–2, ranging from $2.06 million to $11.13 million each.

According to Bloomberg analyst Mike McGlone, bitcoin and other cryptocurrencies have underperformed as portfolio assets from a risk management perspective over the past decade. The Market Vector Digital Assets 100 Index (MVDA, approximately two-thirds composed of bitcoin) has remained essentially flat since 2017, while the Nasdaq 100 Index (NDX) has continued to rise during the same period. Despite MVDA's average volatility being approximately 3 times higher than NDX and showing positive correla

Nidec Corporation's stock hit the daily limit down today (September 28). The Japanese motor manufacturer's shares declined to their maximum permitted fall for the trading session.

This week (Sept. 28–30), China's central bank has 703.3 billion yuan in reverse repurchase agreements maturing across public markets. Daily maturities are scheduled as follows: 660.3 billion yuan on Monday (Sept. 28), 35 billion yuan on Tuesday (Sept. 29), and 8 billion yuan on Wednesday (Sept. 30).

According to Odaily, Brian Armstrong called on voters to understand candidates' positions on cryptocurrency ahead of the midterm election in about five weeks. Armstrong stressed that crypto is not a partisan issue but essential to whether next-generation financial technology will be developed in the United States.