Gate Cryptocurrency News and Market Analysis

Finnish Licensing and Supervision Agency (LVV) issued a suspension notice Tuesday to Google subsidiary Tuike Finland Oy, ordering a halt to construction work on two data center projects in Muhos and Kajaani until environmental impact assessments are completed. The suspension, which must take

Circle's official USDC account posted DJ Khaled in a Chelsea jersey carrying the stablecoin's branding on October 5, 2026, prompting backlash over his past undisclosed $50,000 promotion of the Centra ICO. The reaction revived scrutiny of the SEC settlement that followed, although the posts do not

Korea Securities Depository launched a procurement notice for its second-phase next-generation infrastructure project with a total budget of 317.7 billion won, the largest public financial IT project in the country. The announcement was made via the Public Procurement Service's procurement portal on

South Korea's financial authorities conducted zero joint inspections of pension funds and mutual aid associations over the past 5 years, despite holding legal authority to do so, according to data obtained by lawmaker Park Sang-hyuk of the Democratic Party from the Financial Services Commission and

Self-employed borrowers in South Korea with bank loans under 100 million won showed a delinquency rate of 1.15% as of the end of June, more than double the 0.54% rate for borrowers with loans exceeding 500 million won, according to data from the Financial Supervisory Service submitted to National

South Korea's top five banks allocated over one-quarter of their household loan growth to housing pension disbursements through August this year, according to data submitted to Democratic Party lawmaker Han Min-soo. Housing pension loans reached approximately 1.36 trillion won, representing 26% of t

Hanwha Investment & Securities on the 7th lowered its target price for BGF Retail from 210,000 won to 190,000 won while maintaining a 'buy' investment rating, citing expectations that the company's third-quarter performance will fall short of market expectations. The securities firm forecasted BGF R

Japanese stocks declined on October 7 as profit-taking emerged following the previous session's gains, with the Nikkei 225 falling 648.27 points (0.92%) to close at 70,035.71 and the TOPIX dropping 29.45 points (0.70%) to 4,154.11. Selling concentrated in artificial intelligence and semiconductor-re

GLMR surged 10% in the last hour to reach $0.011209, marking a 24-hour increase of 9.19%. The price movement coincided with a significant surge in trading activity. Trading volume reached $2,433,152.51 in the last 24 hours, reflecting heightened interest among cryptocurrency traders. GLMR

Evernode, an XRP-based digital-asset treasury company, announced on Oct. 7 that its planned Nasdaq listing has been delayed to Oct. 12 from Oct. 8 due to an administrative delay. The company secured approval for a business combination with a special purpose acquisition company (SPAC) at a special

Ledger launched its Crypto Loan feature Wednesday at the TOKEN2049 conference in Singapore, enabling eligible users to pledge wrapped Bitcoin as collateral to borrow USDC or USDT stablecoins while retaining self-custody through hardware device approval. The self-custodial lending product, powered

Korea Exchange (KRX) suspended delisting procedures for stocks failing the 20 billion won market capitalization threshold from the 2nd, following Seoul Southern District Court's acceptance of injunction applications from KM Pharmaceutical and Jooyeon Tech on the 2nd. The exchange halted subsequent d

BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency's supply, Chairman Tom Lee announced on Wednesday during a keynote at Token2049 in Singapore. The company is nearing this threshold after accumulating roughly 6 million Ether, equivalent to about 4.9% of the suppl

Blast announced the closure of its Layer-2 network, citing operating costs exceeding revenue with no credible path to sustainability. ETH traded at $2,600, down more than 3% over 24 hours and below the $2,700 near-term support level. The Glamsterdam upgrade's first public test began on Sepolia on

Shinsegae Property is raising approximately 1 trillion won from Meritz Securities through private placement bonds to fund its investment in Warner Bros. Discovery (WBD), according to investment banking industry sources on the 7th. The real estate development subsidiary, wholly owned by E-Mart,

ADGlobalMarket announced on October 7, 2026, its proposal for DeFi Risk Management Guidance aimed at regulated firms. The guidance establishes best practices in governance, due diligence, monitoring, and client asset safeguards. The consultation period closes on November 30, 2026. The Financial

The Korean ETF market faces a zombie product crisis, with 239 out of 1171 listed ETFs recording daily trading volumes below 100 million won as of 2 days ago, according to Korea Exchange data. This represents 20.4% of all listed products, despite the market reaching a total capitalization of 466

Korean ETF market operators launched multiple space-themed exchange-traded funds in March and April following expectations of a SpaceX initial public offering in July, sparking criticism over lack of product differentiation. The copycat competition resulted in sharp trading volume declines after ini

South Korea's exchange-traded fund market has 239 products with daily trading volumes below 100 million won over the recent six months, accounting for 20.4% of the 1,171 ETFs listed domestically as of the 2nd, according to Korea Exchange data. The concentration of trading activity in a small

Korean asset management firms launched multiple space-themed ETFs in March and April following expectations of a SpaceX IPO in July, but these products faced criticism for lacking differentiation despite tracking different underlying indices. The ETFs commonly held stocks including Rocket Lab, AST S