Gate Cryptocurrency News and Market Analysis

The Bangko Sentral ng Pilipinas (BSP) on Thursday, August 27, raised its key policy rate by 25 basis points to 5%. This marks the third consecutive rate hike following increases in April and June. The Monetary Board cited persistent risks from oil prices, a possible severe El Niño, and wage increase

Three major South Korean securities firms surpassed 4 trillion won in IMA product issuance within eight months of launch, following recent product closures on August 25 and August 26. Korea Investment & Securities, Mirae Asset Securities, and NH Investment & Securities reached a combined 4.1979 tril

Beomyang Construction, a KOSPI-listed construction company based in Busan undergoing court receivership, and its wholly-owned subsidiary Beomyang D&C launched a second M&A sale process on the 27th, with letters of intent (LOI) due by the 4th of next month through lead advisor Samil Accounting

Korea Investment & Securities analysts Yeom Dong-chan and Seo Se-hyun stated in a report on the 27th that KOSDAQ requires a decline in 3-year Korean Treasury bond yields to stage a meaningful rebound. The analysts noted that for KOSDAQ to show significant gains, the 3-year bond yield currently in th

Samsung Electronics is using NVIDIA's cuLitho platform to enhance computational lithography performance by up to 20 times, NVIDIA CFO Colette Kress stated during the company's Q2 earnings conference call on August 26 (local time). The GPU-accelerated software enables precise calculation and

Solana validators are voting on two tokenomics proposals that could reduce SOL supply growth, with stake-weighted voting running from August 23 to August 27 at approximately 15:30 UTC. The proposals, SIMD-0550 and SIMD-0553, have advanced into Solana's formal governance process as

Federal Reserve Bank of Dallas economists Rosie Levy and Srini Ramaswamy published an analysis warning that tokenized deposits could raise credit costs for US households and businesses. The economists said instant settlement could allow depositors seeking higher yields to switch banks more

Korea Exchange and financial authorities have excluded exchange-traded funds (ETFs) and exchange-traded notes (ETNs) from the After Market trading system set to launch next month on the 14th, according to industry sources on the 27th. The

Rocket Lab raised its acquisition offer for Iridium Communications by nearly 30% during negotiations that began in December, according to a merger filing. Satellite communications consultant Tim Farrar speculated that AST SpaceMobile may have been one of the mystery companies that explored a rival b

Bernstein expects Bitcoin to reach $150,000 by mid-2027 and $300,000 in 2029, analysts led by Gautam Chhugani said Wednesday. The brokerage maintains a longer-term target of approximately $1 million per Bitcoin by the end of 2033, with a base case calling for recovery toward $125,000 by the end of 2

A joint financial regulatory task force investigating Hanmi Accounting Corporation for alleged insider trading conducted a search at Korea Investment & Securities on the 27th, following an initial search the previous day. The task force, composed of the Financial Services Commission, Financial

TxFlow announced on August 27, 2026, the completion of a security audit by OpenZeppelin covering its bridge contract infrastructure. The independent review identified zero critical and zero high-severity findings, with one medium-severity issue resolved during the audit process. OpenZeppelin, a

SK Innovation resolved at a board meeting to absorb its battery separator subsidiary SK IE Technology (SKIET) through a merger. The merger ratio was set at 0.1174540 SK Innovation common shares per 1 SKIET common share, with SKIET shareholders to receive SK Innovation stock through paid-in capital i

State Street analyst Choi Ji-wook forecasted on August 27 that the Bank of Korea (BOK) may delay its next interest rate increase to the first quarter of next year if inflation pressures do not exceed the central bank's current assessment. The BOK held its base rate steady at the October monetary

Connecticut Attorney General William Tong sued Kalshi on Wednesday, seeking a court injunction to block the platform from offering sports-related event contracts, which the state identifies as unlicensed sports wagers. Tong stated that sports event contracts are no different than sports betting

Korea Investment Trust Management's ACE Semiconductor Plus Strategic Industry ETF surpassed 3000 billion won in net assets as of the 26th, approximately two weeks after its listing on the 11th. The milestone resulted from continuous fund inflows, including net buying by individual investors,

Bitcoin rallied over 25% since last week, but analysts at CryptoQuant say the cryptocurrency needs to close above $83,000 to officially confirm a new bull market. The rally was driven by the US Treasury doubling its long-term bond buybacks from September and comments from Trump suggesting

The Digital Asset Exchange Joint Council (DAXA) held an explanatory session on the 27th at Dream Plus Gangnam in Seoul, targeting domestic virtual asset service providers (VASPs) on building a dedicated foreign exchange network for the sector. The session addresses compliance requirements under the

KuCoin expanded its Web3 wallet by adding support for assets on the Sui mainnet. The integration allows wallet users to hold, send, and receive Sui-based tokens without relying solely on centralized trading infrastructure. The move represents another step in KuCoin's effort to build a multi-chain We