Gate Cryptocurrency News and Market Analysis

Samsung Biologics' labor union announced a second general strike starting from the 26th for three weeks, escalating labor disputes over wage increases and management rights. The strike follows failed negotiations since December last year, with the union demanding a 9.5% wage increase plus 3

Dongwon Group emerged as a candidate to acquire Chamzone, one of Korea's first-generation cosmetics companies, with subsidiary Dongwon Homefood positioned as the acquisition vehicle. Dongwon Homefood's cash and cash equivalents reached 44.96 billion won at the end of last year, 3.2 times the 13.88 b

Hyundai Motor stocks fell 8.33% over the past month, with shares dropping from near 700,000 won in May to the 300,000 won range, as the company entered a consolidation phase. An analysis of 68 major Hyundai Motor supplier companies conducted through Epic Finance revealed divergent stock

South Korean stocks diverged during the week of Sept 28 - Oct 2, with the KOSPI falling 77.18 points (1.09%) to 7003.74 while the KOSDAQ surged 48.81 points (5.78%) to 893.29, according to Korea Exchange data released on Oct 3. The KOSPI decline occurred despite strong semiconductor exports and

Hyundai Motor stocks fell 8.33% over the past month, dropping from near 700,000 won in May to the 300,000 won range, as the automaker entered a consolidation phase. An analysis of 68 major Hyundai Motor supplier companies by Epic Finance revealed divergent stock performance based on exposure to auto

Korean investors poured 557.6 billion won into the TIGER CD Rate Investment KIS ETF from September 28 to 30, according to KOSCOM ETF CHECK data released on October 3. The surge in CD and bond-related ETF inflows followed a sharp rise in global interest rates, with the US 10-year Treasury yield

The Korea Exchange's KOSDAQ Market Division is currently processing approximately 8 listing applications per week during the fall season as companies rush to complete year-end listings. A division official stated that many companies are waiting for listing approval. This surge occurs annually

Seagate and Western Digital stocks fell sharply on October 2 after a Nikkei Asia report stated Toshiba plans to invest approximately ¥60 billion, or roughly $380 million, to double hard-disk drive production capacity for AI data centers. Seagate closed at $807.62, down 14.59%, while Western Digital

Hana Bank forecasts the USD-KRW exchange rate will trade between 1,345 and 1,370 won this month, as both the Federal Reserve and the Bank of Korea are expected to hold interest rates steady. Researchers Seo Jeong-hoon and Lee Yu-jeong released the forecast on October 3 in the bank's monthly

US President Donald Trump threatened South Korea on local time the 2nd, warning of negative consequences if the country does not participate in the Alaska liquefied natural gas (LNG) pipeline project. When asked by reporters at the White House whether the announcement was premature given Korea's

Zcash leaders including Zooko Wilcox and Eli Ben-Sasson will participate in a Zcash Zummit on October 9 in Singapore at the Network State Conference. The event will focus on zero-knowledge proofs in the crypto space and offer attendees free ZEC to enhance community participation. Zcash is a

US Treasury yields reversed an initial decline on October 2 following the release of September employment data showing nonfarm payrolls increased by only 29,000 jobs. The 10-year Treasury yield rose 4.10 basis

iM Securities analyst Kim Myung-sil published a research report on October 3 analyzing foreign investor purchasing patterns in Korean government bonds as World Government Bond Index inclusion nears completion. The report titled 'WGBI Final Status Report: Maturity Differentiation Over Inflow Surge' f

US stock indices rose across the board on October 2 (local time) after September employment data showed job growth of just 29,000, far below the 90,000 market forecast. The weak employment figures reduced expectations that the Federal Reserve would raise interest rates again this month, lifting

President Donald Trump attracted support from cryptocurrency enthusiasts during the 2024 campaign with his pro-crypto messaging, but some young investors now report disappointment as Trump's official memecoin traded around $2.05 on Oct. 1, 2026—more than 97% below its Jan. 19, 2025 peak of

Canary amended its Pepe ETF filing, according to crypto commentator Eric Balchunas. The amendment follows a period when launching cryptocurrency products faced market skepticism. Canary specializes in cryptocurrency exchanges and investment products, positioning the firm within the evolving

The U.S. Department of Energy plans to extend roughly $4 billion in loans to Vistra Corp. to support capacity upgrades at three nuclear reactors—two in Ohio and one in Pennsylvania. Energy Secretary Chris Wright is expected to announce the financing initiative early next week during a site visit to

The Stellar Development Foundation (SDF) unveiled a 10-year vision at Meridian 2026, focusing on transitioning from infrastructure to real-world utility in the cryptocurrency ecosystem. The announcement aims to position Stellar as a key player in financial technology and blockchain applications. SDF

Strike announced a forthcoming income stream for cash holders, as reported on Twitter. Strike is a financial technology company that focuses on providing Bitcoin payment solutions and innovative financial services within the cryptocurrency ecosystem. No effective date for this initiative has been an

Participants in Money Today's 3rd ETF Investment King Competition achieved returns ranging from 14.31% to 34.39% during the week of September 28 to October 2. The top five performers exclusively used leveraged and inverse ETF strategies, with the leader maintaining a 34.39% return through