Gate Cryptocurrency News and Market Analysis

At 20:30 Beijing time on October 31, 2026, Stamford Bridge will host the Premier League’s Matchweek 9 clash between Chelsea and Manchester United. Fifth-placed Chelsea will play at home against 16th-placed Manchester United. The 6-point gap and 11-place difference make “home advantage” the most convenient explanatory factor in the pre-match discussion. But the underlying data for Chelsea and Manchester United do not support a simple causal chain: Chelsea’s points are built on a substantial premi

Alphabet's stock plunged 11.8% on US Stock Market News Thursday after the Google and YouTube parent reported weaker summer growth than analysts expected, dragging major indexes lower. The weakness underscored concerns about whether the company's massive artificial-intelligence investments will

Korea and Germany signed a High-Tech Cooperation Framework Agreement on the 29th, establishing a foundation for collaboration in microelectronics, industrial artificial intelligence, and robotics. The agreement was announced as the 19th Asia-Pacific German Business Conference (APK 2026) opened on th

US Stock Market News showed major indexes pulling back in early trading on Thursday as a combination of surging oil prices and multi-decade high Treasury yields revived Wall Street's concerns over persistent inflation. After closing at record highs earlier in the week, the major indexes reversed

The Bank of Japan held its benchmark interest rate at 1.25% following a monetary policy meeting that concluded on October 30, meeting market expectations. The decision came after the central bank assessed that the underlying inflation trend has largely aligned with its 2% price stability target.

Hyundai Steel disclosed Q3 results on the 30th, reporting an operating profit of 87.1 billion won, down 6.5% year-over-year, and revenue of 5.8971 trillion won, up 2.8% year-over-year. The company attributed the profitability decline to seasonal off-season effects and holidays. The results

Kia reported Q3 operating profit of 1.8183 trillion won, a 24.3% year-on-year increase but significantly below the market consensus of 2.3574 trillion won, according to a disclosure on the 30th. The earnings miss was attributed to temporary cost burdens totaling approximately 600 billion won,

Samsung Electro-Mechanics disclosed on the 30th an 879.3 billion KRW supply contract for multilayer ceramic capacitors (MLCC) with a global major company. The high-value-added AI server MLCC contract runs from December 21 for one year. This marks the company's eighth long-term supply contract disclo

Coinbase reported a $719 million profit for the third quarter of 2026, announced on Oct. 29, significantly exceeding Wall Street's expectation of a $0.26 per share loss with actual earnings of $2.51 per share. The profit came despite a 44% year-over-year decline in

In US Stock Market News, historical data shows that stocks generally have climbed after midterm elections, despite investor concerns about the upcoming Nov. 3 vote. Nearly half of surveyed investors — 48% — said they are concerned about the midterms' potential impact on the stock market, according t

In US Stock Market News, Warren Buffett's decades-long investment philosophy emphasizes a counterintuitive approach during downturns: "Be greedy when others are fearful." According to historical data from research firm Dimensional Fund Advisors, the S&P 500 has gained an average of nearly 14% in the

K Bank disclosed on October 30th that its Q3 net profit reached 42.1 billion won, marking a 119% increase from the same period last year. The digital bank's profitability improvement was driven by expanding customer base and growth in individual business owner loans, which increased interest

Foreign exchange banks in Korea recorded a daily average foreign exchange trading volume of $122.01 billion in Q3 2026, setting a new quarterly record. The increase was driven by a 5.9% rise in FX derivatives transactions, which offset a 6.2% decline in spot transactions. Reduced exchange rate

Viva Republica, the operator of Toss, is acquiring Japanese brokerage Cheer Securities from Tokai Tokyo Financial Group to enter the Japanese market. According to Nikkei on the 30th, Viva Republica will acquire all shares of Cheer Securities through its Singapore-based overseas business entity for a

Binance announced on Oct. 29 that it will resume withdrawal services within 48 hours following a security incident. The exchange suspended withdrawals to overhaul security systems related to withdrawal services and associated addresses, while deposit services continue operating normally. The inciden

Naver announced a global AI factory project in partnership with Brookfield and NVIDIA, with plans to build 100MW AI computing infrastructure by 2027 and 200MW by 2028. Korea Ratings assessed on October 30 that Naver can expand cash generation capacity without large initial investment burden, as Broo

US spot Bitcoin exchange-traded funds recorded $17.07 million in net inflows on Oct. 29, extending their streak to four consecutive trading sessions, according to data from SoSoValue. Four products attracted capital while two posted outflows and six saw no net movement. The sustained inflow

Israel's election on the 27th (local time) resulted in no party securing a majority in the 120-seat parliament, with Prime Minister Benjamin Netanyahu's right-wing coalition winning 53 seats and the opposition bloc led by former Chief of Staff Gadi Eisenkot securing 48 seats. Arab parties achieved a

Hyundai Engineering & Construction (Hyundai E&C) disclosed on the 30th that its third-quarter operating profit slightly exceeded market expectations despite a 20.3% year-over-year revenue decline. The company reported Q3 revenue of 6.2406 trillion won and operating profit of 221.7 billion won,

Korea Investment Corporation (KIC) Operating Committee Chairman Cho Seong-ik and Tokyo Branch Manager Lee Chang-ho participated in Japan Week Core Week investor relations events held in Marunouchi, Tokyo's financial district, on the 28th. Chairman Cho met with Yonhap Infomax in Tokyo on the 30th and