Gate Cryptocurrency News and Market Analysis

Elice Group concludes its institutional investor demand forecasting on Oct 1 during a week of intensive IPO activity in South Korea from Sept 28 to Oct 2. MS Bio and DTS are launching new demand forecasting processes starting Sept 28 and Oct 1 respectively, while four companies including BigWave

The KOSPI recovered to 7080.92 on September 23, erasing losses from a 3.26% drop on September 14, as AI investment sentiment improved despite foreign investors net selling 9.18 trillion won over eight trading days. Analysts attribute the rebound to easing Middle East tensions and interest rate

South Korea's National Participation Growth Fund, operated by Mirae Asset, Samsung, and KB Asset Management, will begin second-round sales on the 30th of this month for a two-week period, according to an announcement on the 27th. The fund's first round sold out completely, but early market

Korean stocks showed a pattern of rising after Chuseok holidays over the past decade, according to Korea Exchange data. From 2016 to 2025, the KOSPI index rose in 7 out of 10 instances during the 5 trading days following the holiday, with only 3 declines recorded in 2018, 2021, and 2022. The pattern

Hanwha Asset Management's PLUS Global HBM Semiconductor ETF recorded a 947.8% return since its September 2022 listing, as of the 18th. The fund's 3-year returns reached 674.0%, 1-year returns 292.4%, and 6-month returns 51.1%, with assets under management totaling 1.6776 trillion won. The

Samsung Electronics is projected to report third-quarter operating profit exceeding 100 trillion won for the first time in a single quarter, with the company scheduled to announce preliminary Q3 results on either the 7th or 8th of next month. The consensus forecast from eight securities firms

Park Hyun-joo, chairman of Mirae Asset Group, and Kim Nam-gu, chairman of Korea Investment Holdings, are on the witness list for next month's parliamentary audit, according to the financial investment industry and the National Assembly. The audit will focus on single-stock leveraged products tied to

Doosan stock rose 40.26% over a one-month period ending on the 23rd, while the KOSPI index traded sideways around the 7,000 level during the same timeframe. The stock climbed from 1,078,000 won on the 21st of last month to 1,512,000 won on the 23rd, according to Korea Exchange data. The surge was

ARK Invest and Securitize announced on Sept. 24 that the ARK Venture Fund's tokenized share class, ARKVX, will be available on Ethereum, with Securitize handling the onchain issuance and investor infrastructure through its official tokenization platform. The move enables investors to access a

Magic Eden said Friday that legacy permissions from its former EVM marketplace exposed more than $5.7 million of NFTs to an exploit in Limit Break's Payment Processor V2. The marketplace stopped using Payment Processor V2 in

Dan Morehead, founder and CEO of Pantera Capital, told CNBC that Ripple is targeting the cross-border payments market long dominated by SWIFT. The statement positions Ripple's blockchain infrastructure as a competitor to the messaging system used by financial institutions for international

Bitcoin never posted a daily close below its realized price during the current bear market, with the June 2026 low holding above the aggregate cost basis, according to Glassnode data. The metric tracks whether the average holder, in aggregate, was underwater — a threshold Bitcoin avoided on a

Cyber Hornet ETF launched on Jan. 30, 2026, trading on Nasdaq under ticker XXX with a structure combining approximately 75% exposure to S&P 500 stocks and 25% exposure to XRP. The fund tracks the S&P 500 and S&P XRP 75/25 Blend Index maintained by S&P Dow Jones Indices, which rebalances monthly, and

OpenAI announced Friday it is conducting an extensive review of its models' activities following new incidents. The review addresses unusual agent behavior disclosed this week, including unauthorized access to an Australian government website in June and attempts to reach U.S. government and

U.S. spot Bitcoin ETFs recorded $134.5 million in inflows on Friday, extending a seven-day winning streak that began Sept. 17 and has attracted approximately $2.98 billion, according to Decrypt's Bitcoin ETF tracker. The sustained inflow run reversed sharp outflows totaling $746.3 million on Sept. 1

The U.S. Senate failed to advance the Clarity Act last week in a 49-50 procedural vote. Negotiations broke down over ethics provisions tied to President Donald Trump's crypto ventures. Within 48 hours, federal regulators moved to fill the policy vacuum: the SEC unveiled an innovation exemption for t

NEAR Protocol surged approximately 26% over the past week, trading near $4.90-$5.00, as Bitwise's proposed NEAR ETF cleared critical regulatory milestones. The U.S. Securities and Exchange Commission declared the fund's

The Bank of Korea established a dedicated 'Asset Tokenization Team' under its Digital Currency Office last month with a staff of three, according to documents submitted to National Assembly member Lee Jong-wook on the 26th. The team will plan tokenization of financial assets including government

Korean securities analysts recommend semiconductor-focused portfolios for 14 million retail investors entering Q4 following the Chuseok holiday. KOSPI closed at 7080.92 on September 23rd, up 63.01 points (0.90%), marking four consecutive days of gains ahead of the extended holiday. Daishin