Gate Cryptocurrency News and Market Analysis

ImmunityBio (IBRX) secured expanded FDA approval for its immunotherapy drug Anktiva on Wednesday, covering adults with BCG-unresponsive non-muscle-invasive bladder cancer who have papillary-only tumors, yet shares remain on track for a 6% weekly decline. The approval arrived nearly three months

KOSPI plunged 7.23% to 5,574.11 as of 10:12 AM on October 15, falling below the 5,600 level for the first time since July 30 and extending losses to the 5,500 range during intraday trading. The decline was driven by a bond default crisis at US AI cloud services firm CoreWeave and

NVIDIA CEO Jensen Huang emphasized that the United States and China must cooperate for the safe development of artificial intelligence during an event in London on the 14th (local time). Huang stated the technology is "powerful and potentially dangerous," necessitating international collaboration.

Multiple Korean securities firms are forecasting the USD-KRW exchange rate could fall into the 1,200 range, driven by robust economic growth and record semiconductor exports. Samsung Securities and Yuanta Securities previously predicted entry into the 1,200 range, while Daishin Securities, DB Securi

0xfluid has reached a $237 million market size on Arbitrum, with $104 million in total borrowed funds confirmed according to an official announcement. The expansion reflects growing demand for liquidity solutions on the Ethereum layer-2 network. Arbitrum serves as a scaling solution designed to

The Office of the Comptroller of the Currency (OCC) recently released an investigative report confirming that nine banks under its supervision implemented policies between 2020 and September 2025 that effectively deprived the cryptocurrency industry of banking services. This was dubbed “Operation Chokepoint 2.0,” and the banks involved included the largest institutions by AUM, such as JPMorgan, Bank of America, Citibank, and Wells Fargo. Key Findings of the OCC Report: Nine Major Banks Implement

According to a White House statement on October 14, Patrick Witt has stepped down as executive director of the White House Crypto Council because the government position to which he had been temporarily assigned by the U.S. Department of Defense had expired. The government has not yet announced a successor. After reporter Eleanor Terrett contacted the White House three times to inquire about Witt’s position, the White House finally issued a formal explanation. Witt himself declined to comment pu

Bitcoin fell to $81,810 on October 15, hit by a cross-market chain reaction triggered by U.S. September Consumer Price Index (CPI) data that exceeded expectations. The stronger dollar and rising Treasury yields put U.S. stocks, precious metals, and cryptocurrencies under simultaneous pressure. Headline CPI’s year-over-year growth rose from 3.4% in August to 3.7% in September, while core CPI rose 0.3% month over month, with both figures exceeding expectations. September CPI Analysis: Headline Yea

BlackRock's digital asset exchange-traded fund (ETF) assets under management (AUM) surged 63% in the third quarter, growing from $48.8 billion at the end of June to $79.6 billion at the end of September. The increase was driven by $7.9 billion in net new inflows during Q3, reversing

SK Hynix plunged over 10% on Thursday as Asian chipmakers tracked Wall Street losses amid mounting concerns over Federal Reserve interest rate hikes and artificial intelligence investment financing. The South Korean chip giant led a broader sell-off in technology hardware stocks across Asia.

Deutsche Bank forecasts the Bank of Korea will hold its benchmark interest rate at the upcoming October monetary policy meeting, then resume rate hikes in November with three 25-basis-point increases through the second quarter of next year, according to an interview published on October 15.

The Korean government reported a fiscal deficit of 43 trillion won for the January-August period, the smallest deficit in eight years. According to the Monthly Fiscal Trends October issue published by the Ministry of Finance and Budget on October 15, total revenue reached 529.7 trillion won during t

Seoul bond markets faced cautious trading on October 15 following a US inflation shock, as September core Consumer Price Index (CPI) rose 0.3% month-over-month, exceeding the 0.2% forecast. Headline CPI climbed 0.6% to match expectations, marking the highest level since April. The inflation

Polygon Labs completed its acquisition of Coinme on Wednesday, securing regulated payment operations across 48 US states through 37 money transmitter licenses and 11 exemptions. The acquisition enables Polygon's stablecoin payments platform to legally convert dollars into digital assets and back,

South Korean President Lee Jae-myung met with Evan Greenberg, Chairman of the US-Korea Business Council (USKBC) and CEO of global insurer Chubb, on the afternoon of the 15th at the Blue House to discuss Korea-US trade relations and ways to expand bilateral investment and industrial cooperation.

South Korea's Financial Supervisory Service faces a regulatory dilemma ahead of a January decision on public institution designation. The FSS must decide whether to accept innovation guidelines requested by the government, which would increase administrative control over its organization and

Bank of Korea Governor Shin Hyun-song made consecutive statements supporting won appreciation at a parliamentary audit on the 12th and an IMF-hosted event in Bangkok on the 13th. At the parliamentary audit, Shin said the current exchange rate is higher than usual levels and has room to fall

South Korea's Financial Supervisory Service approved major banks to exclude past operational risk losses from risk-weighted asset calculations, with Shinhan Bank receiving approval last week for Lime Fund-related losses and Hana Bank also obtaining approval. The regulatory action allows banks to

Pete Wylie, acting CEO and COO of NASDAQ-listed AVAX One Technology, discussed the company's AVAX holdings strategy in an interview with Yonhap Infomax. AVAX One is one of the largest corporate holders of AVAX globally, holding approximately 14 million AVAX with about 95% staked. The company

Chainlink crossed $30 trillion in total transaction value enabled, marking a significant milestone for the decentralized oracle network. The achievement underscores Chainlink's infrastructure role in connecting smart contracts to real-world