Gate Cryptocurrency News and Market Analysis

Polymarket and Kalshi traders assigned significant downside probabilities to ethereum, XRP, and solana as of Sept. 1, 2026, according to prediction market data. Polymarket bettors gave ethereum a 77% chance of touching $2,250 per coin before 2027 commences, while Kalshi wagerers gave XRP a 44% chanc

AION experienced a sharp decline, dropping 20.79% in five minutes amid selling pressure across the crypto market. The price fell from $0.00025489 to $0.00020191, reflecting heightened volatility as traders reacted to shifting market sentiments. The sudden drop occurred despite broader

KB Securities researcher Kim Min-gyu released a report on the 1st analyzing that long-term trust formation is essential for shareholder returns to become a strong stock price catalyst in the Korean stock market. Kim stated that shareholder returns can be the best card to steadily drive up stock pric

Alumis Inc. (ALMS) stock collapsed 57% on Tuesday after the biotech announced its Phase 2b lupus trial missed primary endpoints. The 48-week LUMUS study in moderate-to-severe systemic lupus erythematosus failed its primary goal and key secondary measures in the full patient population, though a

Hyundai Mobis has been identified as the first Hyundai Motor Group affiliate to realize earnings from the group's physical artificial intelligence (AI) investment expansion, according to LS Securities. The company secured full orders for actuators used in the Atlas humanoid robot, with related

Federal Reserve Governor Michael Barr stated on local time 1st that the Fed must act decisively to raise interest rates if inflation does not sufficiently ease. Speaking at the Second-Chance Lending Forum in Washington DC, Barr emphasized that inflation remains excessively high and has persisted at

Russia began the mass rollout of its digital ruble on Sept. 1, moving the central bank digital currency beyond its earlier testing phase and into wider use across major banks, retailers and payment networks. The Bank of Russia mandated that systemically important banks and large credit

South Korea's Financial Supervisory Service (FSS) will convene an emergency meeting with senior asset management executives from major life and non-life insurance companies on September 4 to review delinquency rates and non-performing loan trends amid deteriorating loan quality in the insurance

Bank of Korea raised its benchmark rate in both July and August, breaking convention with back-to-back hikes. Governor Shin Hyun-song acknowledged the move departed significantly from standard practice during the August monetary policy committee press conference. The central bank cited inflation con

Bank of Korea raised its benchmark interest rate in both July and August, breaking precedent with consecutive monthly hikes. Governor Shin acknowledged the move as 'quite outside convention' during the monetary policy committee press conference. The decision was driven primarily by the Financial

The USD-KRW 1-month non-deliverable forward (NDF) rose to 1,373.50 won (MID) in final trading on September 2, according to overseas brokers, representing a 3.55 won increase from the previous Seoul spot market close of 1,370.40 won when accounting for the 1-month swap point of -0.45 won. The

US construction spending declined 0.5% month-over-month in July according to the US Commerce Department, marking the lowest level in 10 months since October 2023. The decline was attributed to dampened investment sentiment in new home construction and remodeling amid prolonged high interest rate con

Hyundai Motor Securities set a target price of 23,000 won for MK Electronics stocks and maintained a 'buy' investment rating, citing sustained growth in wire bonding demand for semiconductor materials across domestic operations and the company's China subsidiary. Analyst Kim Jong-bae issued the

Twenty-one global financial institutions including Goldman Sachs, Citi, and Bank of America are establishing a joint venture to issue stablecoins, according to Wells Fargo on local time. The new company will launch in the second half of this year with a U.S. dollar-denominated stablecoin as its

MK Electronics, holding 22% global bonding wire market share, is expanding into AI packaging materials as SoCAMM2 modules for NVIDIA's AI servers drive demand, Hanyang Securities analyst Lee Jun-seok stated. The company supplies gold bonding wire for SoCAMM2's LPDDR5 packages, with domestic sales ri

Blockchain intelligence firm TRM Labs recorded 32 price manipulation exploits targeting crypto lending protocols in 2026, more than any previous year and nearly triple the 12 cases documented last year. These attacks exploit illiquid tokens and vulnerable price oracles, allowing attackers to

Vice Finance Minister Kang Ki-ryong chaired South Korea's inter-ministerial price meeting on September 2nd. August consumer prices rose 3.1% year-over-year, up from 2.8% in July, with the government attributing 0.6 percentage points of the increase to a base effect from mobile phone discounts

Palo Alto Networks CEO Nikesh Arora stated on Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world. Speaking on CNBC's Mad Money, Arora explained that infrastructure deployed seven or 10 years ago is unprepared to