Gate Cryptocurrency News and Market Analysis

Micron's Taiwan Taoyuan DRAM factory union approved a strike with 99% support in a vote conducted early this month, with the strike scheduled to begin on the 22nd. The union is demanding that Micron allocate 15% of its global operating profit as performance bonuses. KB Securities reported that this

Hyundai Department Store is forecast to report double-digit operating profit growth in Q3, driven by its core department store business offsetting losses from U.S. mattress subsidiary Zinus. According to a consensus compiled by Yonhap Infomax, 13 major domestic securities firms that issued reports w

Kakao presented an analysis at shareholder meetings held in September and on the previous day, showing that six Korean companies' combined market capitalizations increased an average of 32% from spin-off board resolution to relisting day. Kim Do-young, Kakao X CEO nominee, emphasized this as

UBS Asset Management identified three key areas investors should monitor as US big tech earnings season begins, according to a post published on the 20th local time. The asset manager highlighted core business health, AI monetization

DL E&C is forecast to report a Q3 operating profit of 106.3 billion won, an 8.97% decline year-over-year, as temporary cost pressures from plant construction sites weighed on performance. According to a compilation by Yonhap Infomax on the 21st of reports from 11 major domestic securities firms

US special envoy Steve Witkoff plans to meet Russian President Vladimir Putin on Oct. 21 in St. Petersburg to present a revised peace proposal aimed at ending the war in Ukraine, Axios reported on Oct. 20. Jared Kushner, President Donald Trump's son-in-law and adviser, will join the talks by

The USD-KRW exchange rate closed at 1,326.00 won on the 21st day at 6am, down 2.10 won from the previous Seoul session close and down 7.10 won from the previous 6am close, as global dollar weakness and falling international oil prices followed expectations of US-Iran dialogue. The decline was

Google Gemini AI predicts Chainlink (LINK) could reach $150 to $250 by January 1, 2027 in a peak bull-market scenario, with a stretch target above $300 if institutional adoption accelerates. LINK trades near $13.20 to $13.30 as of October 12, 2026. The forecast assumes late-2026 bull-market

SpaceX will expand its AI compute capacity to at least 13 gigawatts by the end of next year, up from 1.7 GW currently, CEO Elon Musk said on the Q3 2026 earnings call October 20. The roughly sevenfold increase over approximately 15 months involves deploying 200,000 Nvidia GB300 GPUs monthly

Commodity brokers including ADM Investor Services, BGC Group and Nanhua USA LLC are preparing to trade derivatives based on AI computing power rental costs, pending US regulatory approval with a CFTC comment period closing October 20, 2026. The cash-settled futures contracts would track hourly renta

Google DeepMind showcased its Gemini 4 Argon AI model on October 20, 2026, through a 3D periodic table visualization synced to a 1959 song. The demo displays animated electron orbits, atomic data, and light spectra for each element, coordinated with both beat and lyrics. The visualization was

People Power Party lawmaker Ahn Cheol-soo on the 21st called on the National Pension Service to publicly oppose the US listing of Solidigm, a subsidiary of SK Hynix, citing concerns over dual-listing practices. Ahn argued the move could harm shareholder value, referencing Financial Supervisory Servi

TRON processed 1.10 billion transactions between July and September 2026, marking a 33.7% increase from the same period in 2025, according to the TRON DAO's State of TRON Q3 2026 report published in mid-October. The growth was driven by continued ecosystem integration, though transaction counts

Coinbase questioned how much Bitcoin SpaceX owns in a social media inquiry directed at Elon Musk and the Grok team. The inquiry comes as the crypto community engages in speculation about Bitcoin ownership and investment. Elon Musk has historically supported cryptocurrencies, particularly Bitcoin,

President Volodymyr Zelenskiy sought to ease U.S. tensions after meeting American envoys, but President Donald Trump kept up pressure on Ukraine to end the war. Speaking at a press conference in Oslo on Oct. 20, Zelenskiy said he discussed intelligence sharing and Starlink satellite internet

Netflix (NAS:NFLX) reported third-quarter earnings per share of $0.87 and revenue of $12.87 billion on the 20th (local time), beating Wall Street's EPS estimate of $0.82 while meeting revenue expectations with 12% year-over-year growth. Despite the earnings beat, the stock plunged over 6% in after-h

Morgan Stanley, Goldman Sachs, and Piper Sandler recommended quality stocks as alternative investments on the 20th (local time), according to Business Insider, as volatility expanded in US stocks centered on artificial intelligence-related shares. Quality stocks typically refer to companies

Capital Economics forecast that the S&P 500 will decline to 6,500 by the end of 2027, representing a drop of over 15% from the closing price on the 19th, as excessive expectations around artificial intelligence investment have been priced into the stock market too early. James Riley, senior market e

GCash parent Mynt debuted on the Philippine Stock Exchange on October 20 at P6.60 per share, closing flat despite an intraday peak of P6.76. Heavy selling pressure and profit-taking erased early gains, even as approximately 1.3

Intuitive Surgical (NASDAQ: ISRG), the world's largest surgical robotics company, saw its stock plunge on the 20th (local time) despite reporting third-quarter earnings that exceeded Wall Street expectations. The decline followed the company's disclosure of a $450 million pretax charge related to an