Gate Cryptocurrency News and Market Analysis

Korean listed companies increased shareholder returns through expanded dividends and share buybacks since the government launched its corporate value-up program in 2024. Major conglomerates including Samsung Electronics and SK Hynix announced large-scale return plans, while 756 companies disclosed v

Cryptocurrency-related stocks rallied last Friday as Bitcoin surged past $80,000, while steel stocks declined on weak Q3 guidance. Strategy (MSTR) jumped 16.39%, Coinbase Global (COIN) rose 11.66%, and Robinhood (HOOD) gained 9.12%. Nucor (NUE) fell 6.32% and Steel Dynamics (STLD) dropped 4.11%

US stock indices closed mixed on Friday as the S&P 500 rose 0.17% and Nasdaq gained 0.39% while the Dow fell 0.18%. The session coincided with triple witching day when futures and options expired simultaneously, with Citadel Securities reporting a near-record $7 trillion in expiring options

Warren Buffett stepped down as chairman of Berkshire Hathaway after leading the company for over 60 years. Buffett sent a letter to shareholders stating he would transition to chairman emeritus while remaining on the board of directors. Greg Abel continues as CEO, and Buffett's son Howard Buffett as

The Philadelphia Semiconductor Index rose 2.78% following a prior 3.14% gain, sustaining a rally despite US 10-year Treasury yields surpassing 5%. Approximately $100 million flowed into semiconductor call options on Thursday, with similar volumes on Friday targeting Micron, SanDisk, and Marvell

Arbitrum, a layer-2 scaling solution for Ethereum, has filed for stablecoins and real-world assets (RWAs), according to commentator @tokenterminal. The initiative aligns with growing trends in asset tokenization and decentralized finance. Arbitrum aims to improve transaction speeds and reduce

South Korean retail investors exhibit polarized behavior as investor deposits in domestic stock accounts fell 33.0% from 139.6948 trillion won on June 4 to 97.4938 trillion won on September 17, according to the Korea Financial Investment Association. The decline reflects investors shifting funds to

Korea District Heating Corporation leads Korean stocks with an 8.69% expected dividend yield ahead of the year-end dividend season, according to financial industry data released December 20. The company's projected dividend per share of 6,520 won tops estimates from at least three securities

Korean biotech companies Skylabs and Ingeniaterapeutics listed on the KOSDAQ market on the 4th of this month and last month respectively, with final offering prices set at or below the bottom of their hoped ranges. Skylabs' offering price was confirmed at 10,000 won, below its hoped range, while Ing

Korea Exchange (KRX) launched an after-hours trading market on the 14th of this month, extending trading hours to 4 PM-8 PM after the regular session closes at 3:30 PM. One week after launch, the market revealed liquidity shortages and system limitations rather than improved investor convenience.

KOSPI stocks are expected to experience volatility this week (Sept 21-23) ahead of the Chuseok holiday, according to market analysts. External variables including the US-China summit, Middle East war risks, and the impact of US interest rate hikes remain significant factors. NH Investment

Samsung Electronics and SK Hynix are approaching completion of their share buyback programs ahead of the originally scheduled November end dates, with completion expected mid-next month. Samsung Electronics purchased 39.8 million shares over 20 trading days starting from last month 24th,

Twenty foreign exchange experts surveyed by Seoul Economic Daily recommend the Korean won strengthen from its current level of 1383.3 won per dollar (closed on the 18th) to the 1300-range to stabilize inflation and boost household purchasing power. Fourteen of the 20 experts (70%) assessed won stren

Stablecoin-based financial startups are expanding beyond issuers like Tether and Circle into cross-border remittance, B2B payments, wallets, treasury management, cards, and compliance API services. The stablecoin market grew at an average annual rate of approximately 31% from the end of 2022 to the

AI voice solution provider Neosapience and media commerce company Wiseplanet Company are set to debut on the KOSDAQ market on the 21st and 23rd respectively, following strong retail investor demand that generated competition ratios exceeding 1000:1 and combined deposits approaching 6 trillion won.

Korean stock active exchange-traded funds (ETFs) recorded net assets of 14.1444 trillion won as of the 16th of this month, approximately 2.6 times the 5.4168 trillion won at the end of last year. The surge followed a prolonged market correction after the KOSPI index peaked in June this year,

FIO Protocol surged 10.09% within the last hour to reach $0.000539, marking a notable recovery from earlier lows. The price jump reflects increased trading activity, with the cryptocurrency gaining 18.43% in the past 24 hours. The broader crypto market shows mixed signals, though FIO Protocol

Token Terminal has listed cirBTC, a new asset issued by Circle. The listing aims to expand accessible investment options in cryptocurrency, reflecting ongoing efforts to enhance liquidity and trader engagement in the tokenized asset space. This move aligns with increasing institutional interest in c

AMI Labs and World Labs, the leading world model companies founded by Yann LeCun and Fei-Fei Li respectively, declined to disclose product plans during a panel at the All In conference this week. Michael Rabbat, co-founder and VP of World Models at AMI Labs, stated the company would discuss