Gate Cryptocurrency News and Market Analysis

Robinhood Markets Inc. unveiled 'Robinhood Agent' on September 30, introducing AI-driven trading for stocks and digital assets alongside digital-asset perpetual futures and weekend U.S. stock trading. The announcement came at the company's HOOD Summit in Houston, as reported by CoinDesk. The AI trad

Cboe Global Markets and S&P Dow Jones Indices announced a 25-year extension of their exclusive licensing agreement, securing Cboe's rights to offer trading in S&P 500 Index (SPX) options through 2051. At the time of writing, Cboe shares were trading at $268.01, up 5.83%. The extension continues a

Bitcoin miner Hut 8 secured a $1.07 billion credit facility with a four-year term, finalized on September 24, as reported by CryptoSlate on September 29. The company plans to use the credit line to fund infrastructure development for its artificial intelligence data center business. Hut 8 has

Korea's National Data Office released August industrial activity data on the 30th showing all-industry production fell 1.3% month-over-month, marking the first simultaneous decline in production, consumption, and investment in three months. The triple contraction was driven by a 4.8% drop in

Eight major South Korean banks detected 59,291 fraud-linked accounts in the first half period, reaching 72.5% of the previous year's total of 81,761 accounts, according to data submitted to National Assembly's Political Affairs Committee member Park Sung-hoon by the Financial Supervisory Service on

Cameron Drinkwater, Chief Product and Operations Officer of S&P Dow Jones Indices (S&P DJI), stated on the 29th that Korea is a high-priority market for introducing new ETF investment ideas, citing high investor understanding of ETF strategies. Speaking during an interview at The Grand Lotte

Binance's XRP scarcity index fell to -0.94, marking the lowest level since January 2025, according to a September 30 analysis by BeInCrypto citing CryptoQuant data. The decline reflects an increase in the amount of XRP available for trading on the global cryptocurrency exchange. The shift occurred a

SK Securities raised its target price on Park Systems to 390,000 won from 350,000 won while maintaining a 'Buy' rating, citing new growth opportunities in post-processing metrology driven by AI semiconductor packaging advancements. Analyst Lee Dong-ju attributed the upgrade to record-high order

Duksan Nepcors, a South Korean supplier of navigation and anti-jamming systems for defense and aerospace applications, listed on the KOSDAQ market on the 30th. The company's initial public offering drew strong demand, with retail

Deoksan Nepcore, a specialized navigation and anti-jamming solutions provider, listed on the KOSDAQ market on the 30th. The IPO, led by Daishin Securities, recorded a retail investor subscription competition ratio of 332.82 to 1 during the subscription period on the 16th and 17th, with 132,911

Investment bank TD Cowen initiated coverage on SpaceX (NAS:SPCX) with a Buy rating and a $200 price target on the 29th (local time), according to CNBC. TD Cowen analyst John Blackledge identified ground artificial intelligence (AI) computing infrastructure rental as the company's core future

Joud Abdel Majeid, co-head of BlackRock's Global Partners Office (GPO), held a business roundtable with executives from seven major Korean companies on 전일 오후 at The Grand Lotte Hotel in Seoul, according to the financial investment industry on 30일. The closed-door meeting brought together

Oura, a global smart ring manufacturer that tracks health metrics, postponed its initial public offering one day before its scheduled Nasdaq listing on the 30th. The company cited market uncertainty as the reason for the delay despite receiving strong investor demand. Oura had planned to price

Shinhan Investment & Securities issued a report on LX International (001120) on Sept 30, forecasting the company's third-quarter operating profit will reach 134.9 billion won, a 108.2% year-over-year increase that exceeds the market consensus of 121.9 billion won. The securities firm attributed the

Shinhan Investment Securities forecasts this year as the earnings trough for Samlip (005610), projecting profitability normalization through business portfolio improvement and overseas expansion. The brokerage highlighted Samlip's goal of achieving 170 billion won in operating profit on a

Samsung Electronics' strategic value in the memory business is expected to be re-evaluated based on artificial intelligence (AI) infrastructure investment and DRAM price increases, KB Securities said on the 30th. The securities firm highlighted Samsung's $500 million investment in US AI infrastructu

NexChange, a preparatory corporation for a fractional investment over-the-counter exchange, held its founding ceremony on the 29th with 21 investor institutions including NexTrade (NXT). The company will operate an OTC platform for distributing token securities (STO) and fractional investment

Kraken announced on September 30 that Hedera (HBAR) deposits and withdrawals are experiencing delays. The global cryptocurrency exchange is investigating an issue with the Hedera funding gateway, according to a statement on its official website. Other deposit and withdrawal methods on the platform a

NH Investment & Securities, Kiwoom Securities, and Korea Investment & Securities outlined their US market expansion strategies in interviews conducted May 14-16 (local time) at their Manhattan offices. The three

Michelo Robotics, a South Korean startup founded in 2022 by robotics experts from Seoul National University, develops AI-powered automation systems for non-standard manufacturing processes that traditional industrial robots cannot handle. CEO Park Jang-jun defines the company's approach to