Gate Cryptocurrency News and Market Analysis

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

The US dollar strengthened for a second consecutive session on September 29, supported by elevated Treasury yields and euro weakness. The dollar index rose 0.182% to 101.403 as the euro fell 0.248% to 1.13385 against the dollar, while the dollar-yen rate declined 0.060% to 157.331 yen as of 4 p.m.

The US State Department released its 2026 Investment Climate Statement for South Korea on September 29, stating that the government uses aggressive investigations and departure bans against foreign companies. The report said Seoul's policy direction has shifted toward stronger worker protections,

CNBC's Jim Cramer warned Tuesday that the artificial intelligence industry is losing the battle over public perception, stating 'Wall Street's losing the battle of the narrative and all sorts of stocks might end up getting hurt.' The shift comes as concerns about jobs, electricity costs, and

CNBC's Jim Cramer said Tuesday that Wall Street might be overreacting to the threat Meta's Muse AI agent poses to consumer stocks. Since Muse launched on Sept. 8, multiple consumer stocks have declined sharply, with Planet Fitness falling 20%, Airbnb down 13%, and Booking Holdings dropping 16%.

Oracle launched its AI agent execution runtime 'Fusion Claw' on the 29th local time, introducing 25 new agentic applications designed to automate complex enterprise business processes. The launch expands Oracle's agentic application portfolio from 75 to 100 total applications. The new applications a

KB Securities raised its target price for TCK to 360,000 won from 300,000 won on the 30th while maintaining a Buy rating, citing increasing NAND demand driven by the expansion of personal agentic artificial intelligence (AI) services. Analyst Lee Chang-min from KB Securities projects the

Veteran trader Peter Brandt said Bitcoin could climb as high as $600,000 by 2029, according to a Sept. 30 report by TheStreet. Brandt stated in a recent interview that Bitcoin has likely already bottomed and entered a new bull-market cycle, projecting the cryptocurrency would reach $300,000 to $600,

US Treasury bonds showed mixed trading on September 29, with short-term bonds rising and long-term bonds falling, as the 30-year Treasury yield surpassed 5.60% for the first time in approximately 24 years since June 2002. The yield curve steepened despite disappointing US economic indicators and a s

US President Donald Trump may announce South Korean investment projects in the United States as early as May 30 (local time), according to foreign media reports on May 29. The announcement could include South Korea's strategic investment plans, potentially featuring the Alaska LNG development projec

Heungkuk Securities downgraded Hotel Shilla's target price from 65,000 won to 55,000 won on the 30th while maintaining a 'buy' investment rating. Analyst Park Jong-ryeol cited limited duty-free sales growth despite a surge in foreign visitors to South Korea as the reason for the adjustment. The

Samsung Electronics stocks rebounded 0.74% to 272,000 won on the 30th, recovering from a 5% drop the previous day on the ex-dividend date, according to Korea Exchange data. The rebound followed bargain hunting amid concerns over share dilution from the loss of dividend rights. Investor attention

South Korea's National Pension Service (NPS) reported an overall fund return of 14.84% as of end-July, down from 27.22%, according to a disclosure by the NPS Fund Management Headquarters on the 30th. The decline was primarily driven by domestic stock returns falling to 60.11% from 107.37%. The fund

uniQure (QURE) stocks plummeted 37% on Tuesday after the company released four-year results from its Huntington's disease gene therapy study that missed a key statistical test, marking the stock's worst single-day performance since Nov. 2025. The decline occurred despite the company stating that its

Heungkuk Securities downgraded Cheil Worldwide's target price from 26,000 won to 23,000 won on the 30th, citing inevitable growth slowdown in the second half while maintaining a 'buy' rating. Analyst Hwang Seong-jin attributed the revision to ongoing marketing efficiency measures by captive

Apple Inc. CEO John Ternus is considering changes to the company's management structure and product development process, according to a Bloomberg report. The potential overhaul includes reducing middle-management layers, evaluating changes to Apple's traditional spring and fall product-launch