Gate Cryptocurrency News and Market Analysis

San Francisco Federal Reserve economist Adam Shapiro reported that the Inflation Shock Momentum Index showed negative momentum for the fifth consecutive month following the September Personal Consumption Expenditures price index release on the 29th. Shapiro stated this demonstrates continued

APR [278470], a South Korean beauty company, reported a Q3 2026 operating profit of 1,606 billion won, marking a 68.95% year-over-year increase but falling short of market expectations due to won appreciation. The sharp decline in the exchange rate reduced won-denominated profitability compared to t

Hanwha Investment & Securities announced on October 30 a strategic partnership with blockchain infrastructure firm Chainlink to develop real-world asset tokenization infrastructure. The collaboration aims to build financial systems enabling RWAs to be issued, traded on blockchain networks, and

MoonPay, NH NongHyup Bank, and Finger signed a memorandum of understanding on October 30 to cooperate on digital-asset-based financial services and infrastructure. The partnership aims to develop global financial services based on digital assets and cooperate in overseas remittances, corporate

South Korea's Ministry of Economy and Finance reported national tax revenue reached 385 trillion won through September, marking a 95.4 trillion won increase compared to the same period last year. The 33.0% year-over-year growth was driven by a 51.9 trillion won surge in corporate tax as

Hyundai Glovis reported Q3 operating profit of 566.5 billion won, an 8.1% year-over-year increase that met market expectations and marked a record quarterly performance. The South Korean logistics company attributed the results to expanded high-margin non-affiliated business operations and

Legendary hedge fund manager Stanley Druckenmiller announced an investment in Trade[XYZ], a development company behind decentralized derivatives exchange Hyperliquid, on 29일(현지 시각) according to CoinDesk. The announcement coincided with Trade[XYZ]'s partnership with Intercontinental Exchange (ICE), t

Crypto exchange Binance was reportedly hit by a large-scale hack from October 29 to 30. Chainalysis posted on X on October 30, estimating that approximately $5.912 billion was stolen at the time of the incident. Binance co-CEO He Yi announced that Binance had suspended all deposits and withdrawals and pledged to cover all losses caused by the hack; Binance and multiple other parties froze $2.54 billion. Attack Mechanism and Timeline: EIP-7702 Delegation Vulnerability, Tornado Cash Funding, Multi

The European Central Bank is likely to raise its benchmark interest rate in December, but the increase may mark the end of its tightening cycle, according to analysis from ING Bank. While energy price increases from the Middle East conflict and upside inflation risks create pressure for further tigh

The US Federal Reserve announced a plan to reduce the frequency of interest rate decision meetings from eight to six times per year by 2028. Fed Chairman Kevin Warsh disclosed the phased reduction plan at a Federal Open Market Committee (FOMC) press conference on October 28 (US time). The decision h

Bank of America revised its Federal Reserve interest rate forecast after the October FOMC meeting, now projecting hikes in December and March. The investment bank previously expected October and December increases, according to a report published October 29 local time by Investing.com. BofA cited th

SK Hynix purchased approximately 1.3 trillion won of deposit-backed asset-backed commercial paper (ABCP) on October 29, marking the company's first investment in this financial instrument. The ABCP carries a maturity date of February 5, 2027, and offers interest rates between 3.89% and 3.90%.

European Central Bank (ECB) President Christine Lagarde's decision to resign early on February 7 next year, instead of completing her term ending October 31, 2027, will not alter the ECB's monetary policy trajectory, according to expert analysis. Holger Schmieding, Chief Economist at Berenberg Bank,

JP Morgan initiated coverage on Palantir Technologies (NAS:PLTR) stocks with an Overweight rating and a $262 price target on the 29th (local time), according to CNBC. The price target represents approximately 33% upside

Eleven Korean bond market experts surveyed by Yonhap Infomax forecast November government bond yields at 3.81% for 3-year notes and 4.11% for 10-year notes, with attention focused on the terminal rate level to be confirmed at the Bank of Korea's November monetary policy committee meeting. Experts an

Thirteen foreign exchange experts from Seoul financial institutions forecast the USD-KRW exchange rate will trade between 1,302 won and 1,361 won in November, according to a survey conducted on the 30th by Yonhap Infomax. The average low-end forecast of 1,302.38 won is 29 won below October's

Bank of America identified a defensive stock rally in US markets as a potential bubble risk signal on October 29 (local time), according to Business Insider. The bank cited growing uncertainty around artificial intelligence investments driving investors toward economically defensive sectors

South Korean financial authorities are reducing proposed penalties against banks for Hong Kong H-index equity-linked securities (ELS) mis-selling to the high 300 billion won range. The Financial Services Commission (FSC) plans to review the sanction proposal at a subcommittee meeting on December 3 a

Rep. Min Byung-deok of South Korea's Democratic Party stated on October 30 that tax fairness and infrastructure must be thoroughly reviewed before implementing virtual asset taxation. Speaking via video message at a National Assembly seminar titled '2027 Virtual Asset Tax Deferral: When Should