Gate Cryptocurrency News and Market Analysis

Jang Hyun-il, Chief Financial Officer of DB Securities, spoke on the 29th at an Ethereum Korea event, stating that blockchain technology must move beyond demonstration-focused proof-of-concept projects to practical business implementation. He delivered the speech at 'Ethereum Korea One: Genesis ·

Kakao Pay Securities and US tokenization technology firm Dinari signed a memorandum of understanding (MOU) on the 29th to establish an overseas distribution infrastructure for Korean listed stocks. The partnership will jointly pursue a proof-of-concept (PoC) for stock tokenization and form a task fo

OKEX transferred 106,335,859 USDT, valued at approximately 106,394,450 USD, to an unknown wallet. The transfer was reported by CryptoTwitter commentator @whale_alert. Traders are monitoring the movement as large USDT transfers can influence market liquidity and trading strategies in the current

Bithumb CEO Lee Jae-won proposed on May 29 that Asia needs an interconnected network of trusted crypto markets rather than a single dominant hub during his keynote at the Global Web3 Developer Conference (GWDC) 2026 Korea held at aT Center in Yangjae-dong, Seoul. Lee outlined a framework

Global financial institutions cautioned South Korea on the 29th about operational challenges in transitioning to a T+1 stock settlement cycle at Korea Premium Week 2026 held at The Grand Lotte Seoul. Timothy Cuddihy, Chief Risk Officer of the US Depository Trust & Clearing Corporation (DTCC),

Korea Investment & Trust Management's ACE US Nasdaq 100 ETF recorded cumulative individual investor net purchases exceeding 500 billion won since the start of the year, as of the 28th. The sustained inflows reflect long-term investment demand targeting growth prospects in artificial intelligence, se

Teraview, a KOSDAQ-listed semiconductor inspection equipment maker, hit the 30% daily price limit on the 29th following a contract announcement with US firm Covalent Metrology. The company signed a supply agreement worth 1,361,464,000 KRW for its EOTPR non-destructive testing equipment. The stock

Korea Investment & Trust Management's ACE US NASDAQ100 ETF recorded individual investor net purchases exceeding 509.7 billion won since the start of the year, as of the 28th. The sustained inflows occurred despite ongoing volatility in US markets, driven by individual investors seeking long-term

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), met with 23 securities firm CEOs on the 29th and criticized the industry for earning profits while many investors suffer losses, stating that 'it is time to seriously consider how the industry and investors can grow

A Zcash whale identified as 0xf562 sold 25,001 ZEC for approximately $37.84 million, realizing a profit exceeding $27 million. The whale purchased the coins at an average price of $425 two months ago, according to CryptoTwitter commentator @lookonchain. This large-scale sell-off occurs amid mixed

Whale Alert confirmed a transfer of 2,400 BTC, valued at approximately $199 million, from Coinbase Institutional to an unknown wallet on September 29, 2026. The transaction was reported by the cryptocurrency tracking service via its X account. As large amounts of Bitcoin exit exchanges, the

Unknown wallets transferred 38,851 ETH in a single transaction, valued at approximately $104 million, according to @whale_alert. The transfer involved unidentified sender and recipient addresses on the Ethereum network. Ethereum remains a dominant cryptocurrency, with large wallet movements

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), announced on May 29 that the regulator will intensify supervision and inspection of securities firms' sales practices that undermine investor trust. Speaking at a CEO meeting of 23 securities companies held at the Korea Fin

US Bitcoin spot ETFs recorded a net inflow of $31 million on September 28 (US Eastern Time), bringing the recent 5 trading days' (September 22–28) cumulative net inflow to $325.77 billion. The inflow was driven by BlackRock's IBIT product, which alone attracted $54.8 million, while other products co

US Ethereum spot ETFs recorded a net inflow of $17.1 million on September 28 (US Eastern Time), marking the seventh consecutive trading day of positive flows since September 18. The recent 5 trading days from September 22 to 28 saw cumulative net inflows, with no products experiencing outflows on Se

Celo recorded more than 459,000 active addresses in a single day, surpassing Ethereum mainnet and all tracked layer-2 networks in daily active-address activity, according to data cited from Growthepie. The figure reflects heightened on-chain participation for Celo as the network continues

KB Kookmin Bank signed a strategic memorandum of understanding (MOU) with the Bank of New York Mellon (BNY) on May 28 for cross-border digital asset payment and remittance service innovation. The signing ceremony took place at the Miami Beach Convention Center in Florida during SIBOS 2026, the

SpaceX (SPCX) stock gained 0.2% overnight heading into Tuesday after Starship's successful orbital delivery of 26 next-gen Starlink satellites on Monday. The stock had fallen 2% on Monday to $145.47 but remains up 1% for the month. Four Wall Street firms issued price targets ranging from $200 to $25

Shein (HKS:0625), the global online fast-fashion platform that listed on the Hong Kong Stock Exchange in September, saw its stock plunge to a post-IPO record low after reporting a 67% year-over-year decline in net profit for Q2 (April-June) in its first earnings release since going public.