Gate Cryptocurrency News and Market Analysis

Robert Hall of Stanford University and Michael Woodford of Columbia University won the 2024 Nobel Prize in Economics on October 13 for research analyzing how households and businesses make decisions based on future expectations, according to the Swedish Royal Academy of Sciences. In Seoul's

Ethereum co-founder Vitalik Buterin called for one or two additional rounds of upgrades to public-key cryptography during an interview at the Network State Conference 2026. Buterin emphasized the need for enhancements to key parameters to address ongoing challenges facing the technology. Public-key

South Korea's National Tax Service Commissioner Lim Gwang-hyun announced during a National Assembly Finance and Economy Planning Committee audit on the 13th that virtual asset tax management is the agency's 'top priority,' with plans to establish a dedicated management team and

The Australian Securities and Investments Commission (ASIC) is proposing to extend its retail CFD product intervention order from its current expiration date of 23 May 2027 to 2037, subject to ministerial approval. The regulator also proposes expanding the CFD definition to include products

The International Monetary Fund (IMF) raised its 2026 global economic growth forecast to 3.1% in a World Economic Outlook report released on October 13 (local time) at the IMF-World Bank Annual Meetings in Bangkok, Thailand. The revised projection is 0.1 percentage point higher than the 3.0% forecas

Bitcoin fell below $81,000 at about 12:50 a.m. UTC on Oct. 13 before rebounding above $83,000, according to CoinDesk. The decline coincided with a sharp selloff in South Korean stocks, where the Kospi index dropped more than 6% intraday and fell below 6,000, with Samsung Electronics and SK Hynix

Jeonbuk Bank, a unit of JB Financial Group, has begun lending Korean won to corporate customers against their Bitcoin, becoming the first South Korean bank to accept cryptocurrency as loan collateral, financial daily Edaily reported on Monday. The move follows amended Civil Enforcement Rules that to

The International Monetary Fund raised concerns about increasing risks within financial markets, citing advancements in artificial intelligence, rising bond yields, and the growing threat of cyberattacks. The organization stated that while markets remain resilient, proactive policies are necessary t

SK Hynix fell over 10% intraday on October 13 for the first time since August 19, while Samsung Electronics dropped 8.18% as the KOSPI index declined below the 6,000 level. As of 1:29 PM, SK Hynix traded at 1.439 million won, down 166,000 won (10.34%) from the previous trading day, according to

The International Monetary Fund (IMF) launched its latest Global Financial Stability Report titled 'Resilience, Risk and Transformation'. The report addresses significant challenges and transformations facing the global financial landscape and aims to provide insights for investors navigating

US payment company Stripe added South Korea to the list of supported countries for its stablecoin payout service on the 13th (Korean time). According to Stripe's developer documentation, the company specified South Korea in the country list for its 'Stablecoin Payouts for Connect' service. This serv

Samsung Wallet will add USD Coin (USDC) for US users during the final week of October 2026 through a partnership with Coinbase and licensed infrastructure provider Bastion. The integration makes USDC the default dollar-backed stablecoin when eligible users add funds to their stablecoin balance, with

Meta Platforms (META) stocks slipped 0.5% in overnight trading late Monday after rising 3.4% during the regular session, marking their best daily performance in about two weeks. The pullback came amid a broader market selloff over fresh fears about AI durability, with a particular slide in chip

DBS Group CEO Tan Su Shan emphasized Singapore's political stability and predictability as key investment advantages at the DBS Asia Future Forward Conference held in Singapore on the 12th local time. The CEO of Southeast Asia's largest bank highlighted that Singapore's stable business environment s

Bitcoin experienced a 5% price drop recently, marking the sixth decline of this magnitude since July, according to analysis shared by Bitfinex. The cryptocurrency exchange highlighted this pattern as part of Bitcoin's ongoing recovery cycle, with previous drops ranging from 5.1% to 8.9%. Traders are

KB Kookmin Card signed a four-party memorandum of understanding on October 13 with Japan's SBI Holdings, Everspin, and SBI Everspin to cooperate on AI agent security technology and digital finance and payment services between South Korea and Japan. The agreement establishes a security framework

The Reserve Bank of Australia (RBA) committee raised the benchmark interest rate by 25 basis points to 4.60% at its September 28-29 monetary policy meeting, citing stronger-than-expected inflationary pressures, according to meeting minutes released on October 13 (local time). Committee members point

The memory chip sector is facing a significant market correction after months of strong gains. SNDK (SanDisk), one of the most closely watched stocks in this AI memory rally, closed at $1,487.33 on October 12, 2026, down 5.97% for the day and officially breaking below the $1,500 round-number threshold. SNDK had closed at $1,581.82 on October 9, with approximately $15 billion in market cap evaporating in just one trading day. This decline was not an isolated event. Micron Technology fell 3.88% th

DUSK surged 15.59% in one hour, reaching a price of $0.098018. The altcoin recorded a 10.20% increase over the past 24 hours, with trading volume at approximately $7,627,554 and market cap at $59,778,417. The price surge follows trader rotation into altcoins amidst mixed signals in the broader

Kakao announced AI assistant services 'Kanana Space' and 'Kanvas' on the 13th at the if(kakao)26 conference held in Yongin, Gyeonggi Province. The company plans to transform KakaoTalk into an integrated AI platform that handles daily tasks through voice commands, starting with a closed beta test in