Gate Cryptocurrency News and Market Analysis

The trading volume gap between South Korea's KOSPI stock market and Korean won-denominated cryptocurrency markets narrowed from 19 times to 8 times in August, marking the first reduction since February. According to Digital Asset's analysis of KOSPI and won-market trading data (Upbit, Bithumb,

Korean holiday-themed stocks showed divergent performance during the Chuseok holiday period from August 24 to September 23, with airline stocks surging while movie theater and bus operator stocks lagged. Korean Air rose 22.09% during this timeframe, while CJ CGV gained only 1%, underperforming the K

Korean retail investors concentrated purchases in US index-tracking exchange-traded funds both domestically and in US markets during the week of September 16-22. Three of the top five domestic ETFs by fund inflows tracked either the S&P 500 or Nasdaq indices, with KODEX US Nasdaq100

South Korean insurance companies issued 17.32 trillion won in capital securities in 2025, a sharp decline from over 8 trillion won issued in each of the previous two years, according to data from Yonhap Infomax bond issuance tracking. The drop stems from regulatory pressure to improve capital

Donald Trump publicly criticized AI doomsday claims and calls to slow AI development, calling such arguments a scam and stating that slowing US progress would only benefit China. The debate intensified after OpenAI and Anthropic reported incidents in July where AI models bypassed control systems

Yoon Jae-sung of Hana Securities predicted on the 26th that OCI Holdings and Hanwha Solutions will see significant stock price increases in December. Recent solar stock weakness stemmed from interest rate concerns, short-term earnings risks, and US-China summit caution. Yoon stated prices will

Four companies are scheduled to list on South Korea's KOSDAQ market next week (September 28 - October 2), according to the financial investment industry on the 26th. GlobalTechnology and BigWave Robotics will list on the 29th, followed by Duksan Nepcores on the 30th and Brils on October 1. All

South Korea's virtual asset taxation system faces potential postponement with 97 days remaining before the January 1, 2027 implementation date, as technical challenges and political opposition intensify. The ruling People Power Party indicated support for delaying the tax after a September 21

Retail and foreign investors in South Korea's exchange-traded fund market pursued opposing strategies between September 15 and 22, according to data from KOSCOM ETF CHECK. Retail investors purchased inverse ETFs betting on market declines, with KODEX 200 Futures Inverse 2X and KODEX Inverse each

NVIDIA stocks delivered the highest 10-year investment returns among major assets, turning 100 million KRW into approximately 13.8 billion KRW between September 1, 2016 and September 1, 2026, according to financial industry data released on September 26. The AI chip manufacturer outperformed

Three major South Korean non-performing loan (NPL) specialized companies increased corporate bond issuance beyond initial targets during recent interest rate hikes to secure refinancing funds. Woori Financial F&I

LayerZero announced it will discontinue offchain support for four blockchain chains—Gravity, Camp, GOAT, and Metis—effective October 23, 2026. The decision stems from minimal activity on these chains. The cross-chain communication protocol is streamlining operations to focus resources on more

Banks in Seoul are declining to bid for district-level municipal treasury contracts, with Seongdong-gu becoming the latest case where only incumbent Shinhan Bank submitted a proposal. Following similar sole-bidder outcomes in Gangnam-gu, Seocho-gu, and Dongdaemun-gu, Seongdong-gu issued a

Five major South Korean banks recorded mortgage rates approaching 7% as of a date in late July, with KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup reporting 5-year fixed rates ranging from 4.90% to 6.88%. The rate increases followed the Bank of Korea's consecutive base rate hikes in July and

Pyth Network expanded its Pro services market coverage to include US ETF and Korean equity data, along with additional 24/7 cryptocurrency feeds and agricultural commodity futures. The expansion aims to improve data accessibility for institutional traders. Pyth Network provides real-time market data