Gate Cryptocurrency News and Market Analysis

Korea Investment & Securities raised its target stock price for NHN to 80,000 won on the 7th, a 27% increase from the previous 63,000 won. The securities firm stated that NHN was the first to demonstrate data center potential through concrete numbers. As of the 4th, NHN's stock price closed at 71,50

CME Group plans to launch two compute futures products in October, in partnership with GPU price index provider Silicon Data, pending regulatory approval. The derivatives track hourly rental price indices for NVIDIA's H100 and B200 GPUs. The launch responds to surging demand for AI computing

U.S. spot XRP exchange-traded funds (ETFs) recorded cumulative net inflows of approximately $1.68 billion as of Sept. 4, representing the total capital gathered since the products began trading. The funds held combined net assets near $1.48 billion on Sept. 4, while the session produced no net inflo

Samsung Electronics and SK Hynix stocks declined 38% from their highs over the recent 3 months, according to a report from KB Securities on the 7th. KB Securities analyst Kim Dong-won stated that next year's memory market will experience the tightest supply environment in history, with both

Secondary battery ETFs dominated the top performance rankings among domestic stock ETFs over the recent one-month period as of the 4th, with TIGER Secondary Battery TOP10 Leverage recording a 46.17% return. The surge reflects a shift in investor attention from semiconductors to secondary

Linera is advancing its position in the prediction markets sector as the industry reaches an estimated 4.5 million unique wallets. The platform's Linera Markets application processed over 85 million trades from more than 50,000 users during its test phase, and the company is now proceeding with a to

Korean listed companies recorded inventory assets of 353.6762 trillion won in the first half, marking an 18.6% increase from 298.3172 trillion won in the same period the previous year, according to FnGuide's compilation of semi-annual reports from 1,850 listed firms. The surge reflects divergent

Korean securities stocks fell sharply in the second half, with the KRX Securities Index declining 16.06% through the 4th, according to Korea Exchange data reported on the 7th. The decline contrasts with a 42.73% surge in the first half, as major brokerage stocks including Kiwoom Securities,

Duksan Nepcore begins institutional demand forecasting from the 8th for 5 business days, marking the first IPO approval under South Korea's new duplicate listing regulation. The company secured shareholder consent at its parent Duksan Hi-Metal's May 29 shareholder meeting, achieving 92.7% approval b

Liquid Network paused its operations on Sunday after purported white-hat hackers withdrew approximately 4,000 bitcoin, worth about $320 million, from its federation wallet. The withdrawal occurred through the SideSwap PAK (Peg-out Authorization Key), prompting the Bitcoin sidechain to halt network a

John Lee, founder of John Lee's Wealth School, gave an interview on September 3 at Kookmin Ilbo headquarters in Yeouido, Seoul, discussing the necessity of stock investment for individuals. Lee stated that demand for education on retirement preparation through investment has increased recently,

The Korean stock market recorded its lowest daily average trading volume of 2026 in early September, with 20.0484 trillion won traded between September 1-3, according to the Korea Financial Investment Association on September 7. The decline represents a nearly 60% drop from the May-June peak of

KOSDAQ-listed cooling solution providers GST and K&N Sol saw stock gains on the 4th despite ongoing price corrections since Q2 peaks. GST closed at 43,000 won, up 4.5%, while K&N Sol finished at 8,580 won, up 0.59%, marking its first rise in seven trading days. Both companies specialize in liquid

FIDA cryptocurrency surged 11.74% in 30 minutes to reach $0.0238, marking a notable breakout amid mixed movements across the broader cryptocurrency market. The price surge was driven by increased social media activity and community buzz surrounding the coin. This performance stands in contrast to ma

Chainlink's LINK token surged 7.06% within 30 minutes to reach $13.308. The rapid increase follows a low of $12.111 earlier in the day and marks a 24-hour gain of 10.83%. The surge is accompanied by increased trading volume reaching approximately $41.99 million in the last 24 hours, suggesting

Korean crypto exchanges Korbit and Coinone launched zero-fee trading promotions starting on the 24th and 26th of last month, respectively, resulting in sharp increases in trading volume but minimal real customer acquisition. Korbit's total trading volume surged 188.6% over 11 days following the fee

GRIN experienced a sharp price decline, falling 12.99% in one hour to $0.009309. The cryptocurrency recorded a 24-hour decrease of 22.94% amid selling pressure across the crypto market. The rapid decline reflects ongoing volatility as traders navigate uncertain market conditions. GRIN Records