Gate Cryptocurrency News and Market Analysis

Strategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin, saw its 840,447 BTC position swing from a $9.5 billion unrealized loss to a $4.7 billion unrealized profit in less than a week. The turnaround occurred as bitcoin rallied past the company's $75,385 average acquisition cost on

Hanmi Pharmaceutical stocks fell 7.22% to 501,000 won on the 25th, one day after hitting the daily upper trading limit of 540,000 won, according to Korea Exchange data. The decline followed profit-taking after the previous day's surge triggered by news of a licensing deal for an obesity drug

Standard Chartered Bank (Hong Kong), or SCBHK, became the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial, the bank announced Monday. SCBHK is engaging eligible institutional clients and partners on uses including tokenized

The USD-KRW exchange rate rose 3.70 won to 1,386.10 won at 3:30 PM Seoul time on the 25th, compared to the prior trading day's close of 1,382.40 won. The increase followed foreign investors selling 3.814 trillion won worth of equities in the KOSPI

Oracle's stock fell 39.2% over the twelve months to 31 May 2026, even as its contracted backlog rose 363% from $137.8bn to $638.0bn, according to the company's 10-K filings. ORCL trades at $142.45, down 56.6% from its 10 September 2025 closing peak of $328.33. The decline reflects capital

Flowra launched its Open Orderflow Auction framework for Solana validators on August 21, introducing a third-party block-building and MEV auction system built around 200ms competitive ordering windows. The system allows registered searchers to compete for transaction inclusion through mini-auction c

One in three companies that entered the KOSDAQ market through SPAC mergers since 2023 now faces delisting risk due to market capitalization requirements. According to Korea Exchange data released on the 25th, 18 out of 55 companies listed via SPAC mergers since 2023 have market capitalizations

JustMarkets published a cross-asset trading note arguing that volatility in its US100 and S&P 500 contracts can help CFD traders assess moves in currencies, gold and market sentiment. The release arrived on a session where MarketWatch closing data for August 24 showed the Nasdaq 100 down 0.97% and t

NEAR and SUI are forming falling wedge patterns, technical structures that traders typically interpret as potential bullish breakout signals. NEAR is trading at $1.95 and SUI at $0.82, with both tokens consolidating inside narrowing price ranges. The setup coincides with the CMC Crypto Fear and

Woori Financial F&I regained leadership in South Korea's non-performing loan (NPL) market in the first half of 2026, purchasing 806.3 billion won in NPL based on outstanding principal balance (OPB). The company surpassed competitors including Daesin F&I (766 billion won), Yuamco (578.1 billion won),

BlackBerry CEO John Giamatteo told CNBC that robotics is one of the company's fastest-growing businesses within its QNX software division. The statement positions BlackBerry for expansion into physical AI applications beyond its established automotive software business. QNX provides

Interactive Brokers has entered a strategic collaboration with Daol Investment & Securities to provide eligible Korean investors with access to global stocks through Daol's platform. Korean retail investors held almost $171 billion in overseas stocks as of January 29, while their net purchases of

Korean IPO market participants experienced a sharp reversal in Q3 as newly listed stocks turned negative after strong Q2 gains, driven by a broader stock market correction and rapid outflow of short-term capital. In Q2, eight newly listed companies averaged 132.4% first-day returns above their

LG Household & Health Care (LG H&H) and Amorepacific stocks outperformed APR from early in the month to the 25th, with LG H&H rising 37.69% and Amorepacific climbing 35.57% compared to APR's 13.38% gain during the same period. The performance reflects both companies' accelerating North American

Korean corporations reduced bond issuance in the first half of the year as borrowing costs surged, with credit spreads for top-rated bonds rising over 1 percentage point in eight months. Companies shifted to bank loans, which remain cheaper than corporate bond rates despite the Bank of Korea

Korean robotics stocks rebounded on the 25th ahead of Hyundai Motor's CEO Investor Day scheduled for the 26th. Growth expectations and valuation concerns emerged simultaneously following Chinese robotics company Unitree's listing. KOSDAQ small and mid-cap stocks with trading history with Hyundai Mot

Iranian conservative newspaper Kayhan on August 25 (local time) rejected claims that external warfare caused the country's triple-digit inflation crisis, attributing the economic turmoil to government currency policy failures and fiscal indiscipline instead. The outlet criticized what it called

AI agents initiated 3.3 million USDC in payments through the x402 protocol on Solana within a single week, according to protocol analytics and public Solana payment data. The x402 protocol uses the HTTP 402 'Payment Required' status code to enable internet-native payments for APIs, data, and

CJ Olive Young, LG Household & Health Care, and Meritz Fire & Marine Insurance have established long-term headquarters in the Seoul Station area, with CJ Olive Young purchasing the former KDB Life Tower in Dongja-dong for 674.4 billion won last year and LG Household & Health Care relocating from

Seojin System, a global metal platform specialist, decided on the 24th to raise 200 billion KRW through private convertible bonds to fund expansion of its US Georgia energy storage system (ESS) production facility and meet surging global semiconductor and AI datacenter infrastructure demand. The bon