Gate Cryptocurrency News and Market Analysis

The Group of Seven agreed on Oct. 2 to release 100 million barrels of stockpiled diesel, crude oil, and other fuels over four months through the International Energy Agency, with the first 20 days prioritizing large diesel releases. The agreement followed U.S. threats to halt diesel exports to

The Federal Reserve will release the minutes of its September Federal Open Market Committee meeting on Oct. 7 at 2 p.m. ET. The week of Oct. 5–9 also features key U.S. economic data releases including the September Services PMI, ISM Non-Manufacturing Index, ADP employment report, initial jobless

Ultra-high-net-worth investors in South Korea sold approximately 1.6 trillion won worth of Samsung Electronics and SK Hynix stocks during Q3, according to portfolio analysis from three major brokerages. The asset holders—defined as individuals with financial assets of 1 billion won or

Eurozone inflation hit 3.8% in September, marking a three-year high, while France's deepening fiscal crisis is driving euro weakness and complicating European Central Bank policy decisions for the week of October 5-9. The euro fell to 1.12545 against the dollar (week ending October 2), the lowest le

Iran reaffirmed on October 4 that the Strait of Hormuz will remain closed until the United States accepts seven conditions outlined in the Islamabad memorandum of understanding. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated the strait would not reopen until all conditions are met,

Apollo Global Management acquired a co-management stake in Atlantic Aviation from KKR on August 27 (local time), with Singapore sovereign wealth fund GIC co-investing, valuing the private jet ground services company near $10 billion. The deal reflects private equity targeting luxury services amid wi

Bitcoin traded above $85,000 as of 5:23 p.m. on October 4 in Korea, with the cryptocurrency priced at $85,132.47 according to CoinMarketCap data. The kimchi premium, measuring the price difference between Korean and global exchanges, stood at 0.70% at the same timestamp per Cryprice data. Ether

Korean stock exchanges delisted 36 companies from January to September for failing to meet listing maintenance requirements, an 89.5% increase from 19 delistings in the same prior-year period, according to Korea Exchange's disclosure system KIND. The surge occurred as financial authorities

Korean beauty and food stocks experienced sharp declines over the past month as rapid won appreciation raised concerns about weakening foreign consumer demand. Pharmaresearch, maker of Rejuran, closed at 306,000 won on October 2, down 26.09% from a month prior, while beauty device leader APR

Securities firms in South Korea saw their Integrated Management Account (IMA) products sell out rapidly, with NH Investment Securities' first short-term IMA raising 100 billion won in three days after launching sales last month 29th, while Korea Investment Securities' inaugural IMA attracted

KOSDAQ semiconductor materials, parts, and equipment stocks drove the index close to the 900 level over the past month, with the top 10 companies by market capitalization posting an average gain exceeding 30%. PSK Holdings recorded the highest increase at 55.13%, while Jusung Engineering, Eugene

KOSDAQ semiconductor materials, parts, and equipment stocks drove the index near the 900 level as top 10 stocks by market capitalization gained an average of over 30% in the past month. According to Korea Exchange data as of the 4th, some stocks exceeded or approached brokerage target prices

JKL Partners completed two major exits within six months this year, demonstrating strong capital recovery capabilities amid uncertain market conditions. In February, the firm sold laundry franchise company Cleantopia to Stick Investment for approximately 630 billion won, followed by signing a

Russia's Finance Ministry began paying government employee salaries in digital rubles this month, marking the first application of the central bank digital currency to internal payroll systems. The ministry announced on October 2 that payments went to employees who opted in, though it did not

The altcoin and blockchain industry has scheduled major events and token unlocks for October 5-9, according to a weekly calendar published by Digital Asset on October 4. Six key activities are planned: the Blockchain Economy Dubai Summit, Digital Assets Week London 2026, TOKEN2049 Singapore, and tok

Russia's Ministry of Finance announced Friday that some of its employees received their wages in digital rubles for the first time, with payments beginning Thursday, Oct. 1. The voluntary program allows Russian citizens to be paid in the central bank's digital currency. The ministry applied proven r

US President Donald Trump on May 3 (local time) threatened tariffs of up to 300% against foreign companies that refuse to build factories in the United States, directly pressuring South Korea over its participation in an Alaska liquefied natural gas (LNG) project. Speaking at a high school rally in

Musinsa, a South Korean fashion platform pursuing a KOSPI initial public offering, filed a preliminary review with the Korea Exchange last month 7th and is targeting a listing next year with a valuation of up to 10 trillion won. The company aims to become the first platform decacorn (enterprise valu

Michael Selig, chair of the U.S. Commodity Futures Trading Commission, said the agency will continue drafting cryptocurrency rules using existing authority. Selig recently stated that regulators already possess substantial legal authority and will write crypto rules under current law rather than