Gate Cryptocurrency News and Market Analysis

Samsung Electronics stocks rose 4.41% to 272,500 won on the 21st, marking five consecutive trading days of gains driven by large-scale buying from foreign and institutional investors. The rally occurred as the company announced approximately 30 trillion won in cash dividends for the third

Meritz Securities maintained a target price of 330,000 won and a 'buy' investment opinion on NAVER on the 22nd, stating that concerns about existing businesses are sufficiently reflected in the stock price while revenue visibility for the new 'Neo Cloud' business is being secured. Analyst Lee

KB Securities maintained its 'buy' rating on GS E&C on the 22nd and raised the target price from 43,000 won to 48,000 won, an 11.6% increase. Analyst Jang Moon-jun cited three factors driving the upgrade: significant profit growth next year, opportunities in artificial intelligence data center

Korean K-beauty and department store stocks showed signs of recovery on the 21st as the won-dollar exchange rate rebounded from recent lows, with the rate reaching 1378.2 won at 3:45 PM market close. APR, operator of K-beauty brand Medicube, closed at 366,000 won, down 21.21% from last month's

The Pinkfong Company stocks surged 7.11% on the 22nd following a large shark sighting in Busan's Bukhang area that began on the 18th, according to the Korea Exchange. The company's shares rose 860 won to close at 12,960 won as investors connected the shark appearance with the firm's 'Baby Shark'

Hanssem announced a shareholder return plan on the 22nd, committing to 10 billion KRW annual stock buybacks and cancellations from 2026 to 2028, alongside an 800 KRW minimum dividend per share, according to Daishin Securities analyst Yu Jeong-hyeon. The buyback program will run from the 21st to the

Doosan announced it will cancel 2,568,528 treasury shares—12.18% of total issued stock—on next month 2nd, while simultaneously approving 968.4 billion won in capital expenditure for its electronics division through December 2028. Daishin Securities analyst Lee Kyung-yeon stated the dual move

Costco Wholesale (COST) faces expected 2.5% stock volatility after its earnings release on the 24th, per Bloomberg options data from the 21st (local time). Analysts project fiscal Q2 2026 revenue of $94.85 billion and EPS of $6.55, up from the prior quarter's $70.53 billion and $4.93, according to

US stock indices ended Monday higher, with the S&P 500 gaining 1.5%, the Nasdaq 100 adding 2.8%, and the Dow Jones Industrial Average rising 0.7%. The rally was driven by strong gains in AI stocks, led by Meta Platforms' nearly 12% jump following its Muse AI assistant topping app store charts and

US Treasury bonds showed mixed trading on September 21 afternoon, with short-term yields rising and long-term yields falling, flattening the yield curve. The 10-year Treasury yield declined 3.30 basis points to 4.9630% as of 3pm Eastern Time, while the policy-sensitive 2-year yield increased

Robinhood CEO Vlad Tenev stated crypto-linked contracts are taking a disproportionate share of the company's prediction markets business and expects sports wagers to fall into the minority within a few years. Event-contract revenue at Robinhood surged more than tenfold year over year to $156

South Korean banks' won-denominated loan delinquency rate rose to 0.63% at the end of July, up 0.07 percentage points from 0.56% at the end of June, according to data released by the Financial Supervisory Service on September 22. The increase was driven by new delinquencies totaling 3.2 trillion won

Oil prices fell sharply on September 21 as prospects emerged for US-Iran dialogue at the UN General Assembly in New York. West Texas Intermediate (WTI) crude for October delivery dropped $4.52 (4.51%) to close at $95.78 per barrel on the New York Mercantile Exchange, marking the first close

Saudi Arabia's central bank (SAMA) withdrew from mBridge, a China-backed cross-border digital currency project, after completing a proof of concept on May 13, 2025, according to the Financial Times. SAMA had joined mBridge as a full

OpenAI on Monday posted a set of proposals for safety and security in the development of frontier artificial intelligence with a heavy focus on alignment research and recursive self-improvement, or RSI. The company said navigating the AI transition safely requires alignment research to keep pace wit

Gold futures declined nearly 1% on September 21 (US Eastern Time) as risk appetite strengthened across financial markets. At 1:31 PM, December delivery gold futures (GCZ6) on the COMEX exchange fell $42.80 (0.97%) to $4,382.10 per troy ounce from the previous settlement price of $4,424.90. The

X filed a lawsuit on September 17 in London's High Court against Vivek Kumar Sen, Zamyang Sherpa, and unnamed others, alleging they operated a bot network that stole at least £207,384 ($278,000) from its Creator Revenue Sharing program. The six accounts allegedly posted near-identical Bitcoin