Gate Cryptocurrency News and Market Analysis

Korea Investment & Securities held a briefing on September 30 at its Seoul Yeouido headquarters to present its expanded AI infrastructure financing services, covering both data center project financing (PF) and graphics processing unit (GPU) financing. The company is broadening its financial service

South Korean stocks showed divergent performance on October 1, with KOSPI declining 0.23% to 6822.25 while KOSDAQ surged 2.34% to 875.98 as of 10:30 AM. The split was driven by contrasting investor flows: individual investors

Dongkuk Pharmaceutical is projected to achieve 120 billion to 140 billion won in cosmetics exports in the current year, according to a report released on the 1st by LS Securities, which maintained its 'buy' rating and 30,000 won target price on the stock. The forecast represents a four- to

LS Securities opened its integrated 'API Investment Strategy Center' combining previously separate xingAPI and Open API services into a unified platform. The launch aims to overcome accessibility barriers and enable investors to implement trading ideas through code. The center features a

Three Korean securities firms estimated LG Electronics' third-quarter 2026 revenue at 24.5993 trillion won and operating profit at 1.0613 trillion won, according to reports issued since August. Daishin Securities, Kyobo Securities, and iM Securities analyzed that LG Electronics performed well

Micron reported record fiscal fourth-quarter 2026 earnings for the June-August period, achieving revenue of $54.23 billion and an operating margin of 82.3%, but the company's stock declined in after-hours trading as investors focused on slowing sequential growth and restrictions on share buybacks.

South Korea's National Assembly postponed processing a Capital Market Act amendment introducing a mandatory tender offer system on the day it was scheduled for plenary session. The postponement followed an emergency press conference held the previous day by 18 domestic and foreign asset management c

Robinhood announced on the 1st it will expand onshore digital asset perpetual futures business, according to Senior VP Johan Kerbrat. Kerbrat made the statement at a press conference in the basement press room of Grand Walkerhill Seoul in Gwangjin-gu. The company recently launched a service

Whale Alert reported that 200 million XRP, valued at approximately $297.8 million, has been unlocked at Ripple. The blockchain tracking service confirmed the significant release through its monitoring platform. Ripple, a technology company focused on enabling real-time global payments through its

KOSPI fell 19.33% in Q3, declining from the 8400 range to the 6800 range, as sector performance diverged sharply after the first-half rally. The downturn was driven by profit-taking in previously strong sectors and growing concerns over semiconductor industry peak-out, with investor sentiment

South Korea's Financial Services Commission announced regulatory reforms on the 1st to improve the independence and reliability of securities research reports. The measures aim to reduce the industry's 'buy-only' bias and expand coverage to small-cap stocks, addressing concerns that analysts face pr

Jusung Engineering stocks rose during morning trading on the KOSDAQ market, driven by buying interest in semiconductor materials, parts, and equipment sectors. At 10:20 AM, the stock traded at 236,500 won, up 4,000 won (1.72%) from the previous session. The stock briefly surged to 238,500 won

An unknown wallet transferred 156,300,000 USDC, valued at approximately $156,362,520, to Aave recently, according to CryptoTwitter commentator @whale_alert. The transfer represents a significant movement within decentralized finance liquidity pools. Aave is a prominent DeFi lending platform that

UBS Asset Management forecasts that rising bond yields will favor hedge funds, with additional profit opportunities expected through next year. The asset manager attributes this outlook to global government bond yields continuing to rise amid Middle East tensions driving oil prices higher, while

Noshad Shah, Citadel Securities EMEA fixed income sales representative, published a report warning that US power grid and data center infrastructure bottlenecks could allow China to gain an advantage in practical AI deployment despite America's lead in advanced AI model development. Shah argued that

Korea Investment & Securities announced on the 1st that it has signed a strategic memorandum of understanding (MOU) with Kakao Group—comprising Kakao, Kakao Bank, and Kakao Pay—for the joint development of services related to digital asset issuance and distribution. The partnership aims to combine K

LS Electric signed a contract worth $133.41 million (approximately 181.2 billion KRW) to supply 345-kilovolt (kV) ultra-high voltage transformers to a North American hyperscale artificial intelligence (AI) data center project, the company disclosed on the 1st. The contract stems from expanding

The US Commodity Futures Trading Commission has submitted a proposed rule to expand the definition of a swap to include event contracts, according to an Office of Information and Regulatory Affairs docket. The agency also submitted an interim final rule to exclude casino-style gambling products,

Japan's Ministry of Finance announced on September 30 the establishment of a research group focused on on-chain handling of government bonds, with the first meeting scheduled for October 8. The ministry established the group to gather expert opinions and advice on implementing blockchain