Gate Cryptocurrency News and Market Analysis

Kevin Hassett, director of the White House National Economic Council, called for former Federal Reserve Chair Jerome Powell to resign from the Fed's Board of Governors on October 4 during a Fox News appearance. The remarks followed an inspector general report released on September 30 that found no c

South Korean banks expanded gold bar sales channels and product varieties in recent months following supply shortages that lasted from last October through the first half of this year. Hana Bank added Samsung Gold Exchange as a supplier on the 29th of last month, KB Kookmin Bank resumed mobile and i

South Korea recorded a record trade surplus of $49.8 billion in September as exports surged 83.5% year-over-year to $120.9 billion, according to data released October 5 by the Ministry of Trade, Industry and Energy. The unprecedented export growth drove imports up 26.0% to $71.1 billion, with both e

Eleven KOSDAQ-listed companies were designated as watchlist stocks within three years of their initial public offerings between 2022 and August 2024, according to data submitted by National Assembly member Park Sung-hoon from the Korea Exchange. Six of the eleven companies subsequently faced

Korean covered call ETFs recorded a 103 percentage point return gap this year, with performance ranging from 82.72% gains to -19.94% losses as of September 22. Mirae Asset's TIGER Dividend Covered Call Active returned 82.72% while Hanwha Asset Management's PLUS High Dividend Weekly Covered Call

Elice Group, an AI education platform company, will conduct its public stock subscription on October 7 and 8, following the conclusion of institutional demand forecasting on October 2 and price confirmation scheduled for October 6. The company's offering price range is set at 70,400–90,500 won per s

Russia's Finance Ministry has begun paying some employees in digital rubles since October 1, marking the first salary disbursements using the central bank digital currency. The ministry stated participation in the program is voluntary and follows a 2025 pilot program that distributed about 16

El Salvador received $138 million from the International Monetary Fund after the lender approved a waiver despite the country failing to meet some Bitcoin-related conditions, Cointelegraph reported on October 4. The IMF granted the waiver citing 'strong corrective actions' and new policy

Kraken executed a transfer of 1,611 BTC to an unknown wallet, a transaction valued at approximately $134.6 million. The movement was reported by crypto monitoring account @whale_alert, with the source stating no immediate catalyst for the transfer. Large Bitcoin transfers from exchanges to

The KOSDAQ pharmaceutical sector index fell 10.51% last month, marking the steepest decline among major industry groups and extending its year-to-date loss to 36.65%, according to data from Yonhap Infomax released on the 5th. The downturn reflects capital rotation into artificial intelligence and se

Cathie Wood introduced a new investment framework during a panel at Robinhood's Summit in Houston, advising investors to 'follow the agents' as artificial intelligence systems increasingly make autonomous purchasing decisions. The ARK Invest CEO adapted her longstanding 'follow the developers'

South Korea's credit bond market will see approximately 2.0511 trillion won in issuances during the week of October 6-8, according to data from the Korea Financial Investment Association and Yonhap Infomax released on October 5. The majority of issuances totaling over 1.21 trillion won are

The KOSDAQ pharmaceutical sector index fell 10.51% last month, recording the steepest decline among major sectors, according to financial data provider Yonhap Infomax. The decline was driven by capital flows concentrating in AI and semiconductor-related stocks, while rising global interest rates

GLMR surged 10.39% in one hour to reach $0.010494, marking a 33.05% gain over 24 hours. The price movement reflects increased social media discussions and community engagement around Moonbeam. Trading activity intensified with 24-hour volume hitting $10,041,592.68 as the token fluctuated

Retirement pension subscribers in South Korea converted from defined benefit (DB) plans to defined contribution (DC) plans in record numbers during June and July, according to data submitted to National Assembly member Park Seong-hun by the Financial Supervisory Service. A total of 149,710 subscribe

South Korea's Financial Services Commission finalized an amendment to K-IFRS 1016 'Property, Plant and Equipment' on the 23rd of last month, requiring listed companies to disclose official land prices in financial statement footnotes starting from fiscal years ending December 2026. The new rule

Liquidity providers (LPs) for single-stock leveraged exchange-traded funds (ETFs) in South Korea violated quote submission obligations for up to two hours per day, according to data submitted to the National Assembly's Political Affairs Committee by the Korea Exchange. Between May 27 and

Avery Ching, co-founder and CEO of Aptos Labs, stated during an interview on the 1st at a hotel in Gwangjin-gu, Seoul, that the future of finance will be an 'on-chain economy' where money and information move across borders instantly at low cost. Ching, who attended Korea Blockchain Week,

Liquidity providers for South Korean single-stock leveraged ETFs violated quote submission requirements 31 times from May 27 to August 12, according to Korea Exchange data submitted to lawmaker Kim Hyung-yeon. The violations across 16 Samsung Electronics and SK Hynix ETFs averaged 17.32 minutes,

Samsung Electronics stocks closed at 276,000 won on the 2nd, rebounding after the ex-dividend date, with analysts anticipating the Q3-Q4 earnings release as a potential catalyst for further gains. The closing price remained 23.9% below the June 18 high of 362,500 won, when market capitalization