Gate Cryptocurrency News and Market Analysis

Deutsche Bank forecasts the Bank of Korea will hold its benchmark interest rate at the upcoming October monetary policy meeting, then resume rate hikes in November with three 25-basis-point increases through the second quarter of next year, according to an interview published on October 15.

Seoul bond markets faced cautious trading on October 15 following a US inflation shock, as September core Consumer Price Index (CPI) rose 0.3% month-over-month, exceeding the 0.2% forecast. Headline CPI climbed 0.6% to match expectations, marking the highest level since April. The inflation

Polygon Labs completed its acquisition of Coinme on Wednesday, securing regulated payment operations across 48 US states through 37 money transmitter licenses and 11 exemptions. The acquisition enables Polygon's stablecoin payments platform to legally convert dollars into digital assets and back,

South Korean President Lee Jae-myung met with Evan Greenberg, Chairman of the US-Korea Business Council (USKBC) and CEO of global insurer Chubb, on the afternoon of the 15th at the Blue House to discuss Korea-US trade relations and ways to expand bilateral investment and industrial cooperation.

South Korea's Financial Supervisory Service faces a regulatory dilemma ahead of a January decision on public institution designation. The FSS must decide whether to accept innovation guidelines requested by the government, which would increase administrative control over its organization and

Bank of Korea Governor Shin Hyun-song made consecutive statements supporting won appreciation at a parliamentary audit on the 12th and an IMF-hosted event in Bangkok on the 13th. At the parliamentary audit, Shin said the current exchange rate is higher than usual levels and has room to fall

South Korea's Financial Supervisory Service approved major banks to exclude past operational risk losses from risk-weighted asset calculations, with Shinhan Bank receiving approval last week for Lime Fund-related losses and Hana Bank also obtaining approval. The regulatory action allows banks to

Pete Wylie, acting CEO and COO of NASDAQ-listed AVAX One Technology, discussed the company's AVAX holdings strategy in an interview with Yonhap Infomax. AVAX One is one of the largest corporate holders of AVAX globally, holding approximately 14 million AVAX with about 95% staked. The company

Chainlink crossed $30 trillion in total transaction value enabled, marking a significant milestone for the decentralized oracle network. The achievement underscores Chainlink's infrastructure role in connecting smart contracts to real-world

CoreWeave's corporate bonds experienced a sharp decline on 14일 (현지시간), with the 2032 maturity bonds (9.625% coupon) seeing yields surge to 14.8% as the AI cloud company's borrowing costs escalated. The bond price dropped below 78 cents per dollar of face value, entering distressed territory

Housing and Urban Guarantee Corporation (HUG), which manages the Housing and Urban Fund, saw the execution rate of its policy finance products for housing purchase and lease funds (Didimdol and Buttermok loans) plunge to 3.1% last year. The sharp decline resulted from a combination of factors

Standard Chartered delayed its forecast for the stablecoin market reaching $2 trillion from 2028 to 2030, a two-year postponement. The adjustment reflects slowed growth in stablecoin supply, which has remained between $300 billion and $320 billion over the past 12 months and currently stands

Aave executed a transfer of 133.9 million USDC to an unidentified wallet address, according to monitoring service @whale_alert on CryptoTwitter. The decentralized finance lending platform moved the stablecoin in a single transaction that has drawn attention from market observers. USDC is a

South Korea's Kospi triggered a sell sidecar at 9:07 a.m. on Oct. 15 after the benchmark fell more than 5% shortly after the open. The circuit breaker was activated because futures prices fell more than 5% for at least one minute, meeting the threshold for the market-stabilization mechanism. This ma

Steve Niemitz of Yorkville America argued on 14일 that gold and Bitcoin are complementary scarcity assets, not competitors. With gold near $4,200 per ounce and Bitcoin near $84,000, Niemitz stated both hedge against currency devaluation from debt expansion, as neither asset's supply can be

Microsoft Copilot AI predicts Chainlink (LINK) could trade between $200 and $350 by January 1, 2027, with a stretch target toward $500 or higher, according to an analysis released October 14, 2026. LINK currently trades near $12.70 to $13.05 as of October 14, 2026. The prediction assumes a

Nasdaq-listed Evernorth Holdings announced on the 14th (local time) a partnership with four major crypto firms—Ripple, Coinbase, Kraken, and BitGo—to operationally deploy its treasury holdings of 473 million XRP tokens. The company aims to generate returns by integrating its XRP reserves into

Gudea, an AI-powered platform that tracks online narratives and describes itself as the "storm tracker for the internet," raised $7 million in seed funding last week in a round co-led by Mudita Venture Partners and Silicon Road Ventures, bringing total funding to approximately $15 million. The

South Korea's Pan Star Acro vessel completed a pilot voyage through the Arctic route, arriving in Busan on the 11th after a 50-day journey covering 30,354 kilometers, according to the government on the 15th. The vessel carried 837 TEU of cargo including chemical products, used cars, and auto