Gate Cryptocurrency News and Market Analysis

The Korean securities sector index traded at 5017.55 as of 9:40 AM on the 23rd, up 0.41% from the previous trading day but down 13.3% from its August 13 high of 5786.32, according to Korea Exchange data. The decline reflects concerns over earnings slowdown driven by reduced trading volumes and

Hashed, a crypto and tech venture capital firm, announced on 23일 that it has joined as an anchor investor in Toro Capital Management, which operates a stablecoin-based private credit fund. The investment addresses a funding bottleneck in the crypto market, where traditional banks face regulatory

Wiseplanet Company (0010S0) surged over 250% above its offering price on the 23rd during its KOSDAQ debut. The media commerce company's stock traded at 42,500 won as of 9:15 AM, representing a 254.17% gain from the 12,000 won offering price, according to Korea Exchange data. The opening price was se

Federal Reserve research shows US Treasury yield sensitivity varies dramatically by investor type during large-scale selling. When Foreign Official Investors sell $500 billion in Treasuries, 5-year yields rise 14 basis

Meta's AI agent Muse triggered a 3% drop in US banking stocks on the 22nd (local time) as investors feared AI disruption of asset management. Charles Schwab plunged 6.1%, Ameriprise Financial fell 4.4%, and Raymond James declined over 3% after Muse overtook ChatGPT in Apple iPhone free app

Fadu stocks surged 9.82% to 79,400 won at 9:32 AM on the 23rd, driven by investor expectations of increased demand tied to Meta's AI agent 'Muse.' The Korean semiconductor component manufacturer supplies enterprise solid-state drive (eSSD) controllers to Meta for AI infrastructure. Market

Mohamed El-Erian, economic advisor at Allianz Group, stated on the 22nd (local time) via his X post that central bank rate hikes alone are insufficient to resolve current inflation issues, emphasizing that governments must take fundamental action. El-Erian argued that the true solution lies not

Korea Investment & Trust Management announced 4 ACE ETF product recommendations on the 23rd ahead of the Chuseok holiday. The selection considered year-to-date performance, capital inflows, long-term investment potential, and pension account utilization. The firm packaged these products under the th

South Korea's Financial Supervisory Service (FSS) conducted a high-intensity inspection of Mirae Asset Securities starting June 5, focusing on the brokerage's handling of SpaceX IPO allocations that resulted in zero shares being distributed to domestic investors. The FSS initiated a 40-day

Plateer, a vertical AI and digital transformation solutions company, presented its agentic AI platform at the Financial Tech Conference 2026 held on the 22nd at FKI Tower Conference Center in Yeouido, Seoul. The company introduced its AI transformation (AX) strategy and sustainable operational

Aave governance is reviewing a proposal to add Ethena's USDe stablecoin to its V4 core market on Avalanche. The proposal follows a direct-to-AIP governance path after risk review, advancing the synthetic dollar asset through Aave's formal decision-making process. The move reflects broader competition among DeFi protocols to expand collateral options and stablecoin liquidity across multiple blockchain networks. USDe Technical Architecture Uses LayerZero Cross-Chain Design If approved, USDe would

AMPL climbed 10.94% in one hour, reaching a current price of $1.42 from $1.28. The surge is suspected to be driven by whale activity as larger wallets show increased accumulation. The token's market cap stands at $3,821,430, with 24-hour trading volume at $7,106.72. Over the past 24 hours, AMPL

South Korean stocks rose on the 23rd, with the KOSPI index opening above the 7100 level and the KOSDAQ expanding gains to over 1% during early trading. As of 9:13 AM, the KOSPI traded at 7129.23, up 1.59% from the previous session, according to Korea Exchange data. The gains were driven by foreign i

NAV Coin surged 12.47% in 60 minutes, reaching a price of $0.03826. The spike occurred amid broader cryptocurrency market volatility, with traders responding to positive momentum in the asset. The coin recorded a 24-hour gain of 29.61%, with a market cap of approximately $2.95 million and trading vo

Samsung Electronics and SK Hynix saw Korean stocks rise on the 23rd at 9:07 AM amid expectations of increased demand for memory semiconductors including DRAM. Samsung Electronics traded at 284,000 won, up 7,500 won (2.71%) from the previous day's after-market closing price, while SK Hynix stood at 1

The Asian Development Bank (ADB) raised South Korea's economic growth forecast to 3.2% from 2.6% on September 23, marking a 0.6 percentage point increase. The upward revision reflects strong manufacturing indicators including July and August PMI and BSI data, alongside

Ukrainian President Volodymyr Zelenskyy announced readiness to pursue an energy truce with Russia following a meeting with US President Donald Trump at the UN General Assembly in New York on September 22 (local time). Zelenskyy stated he discussed energy truce options and war-ending strategies with