Gate Cryptocurrency News and Market Analysis

HYBE (stock code 352820) rebounded 6.37% to close at 167,000 won on the previous trading day according to the Korea Exchange on the 8th, yet the stock remains down 58.82% from its February peak of 405,500 won. Securities analysts attribute the prolonged decline to uncertainty surrounding BTS

The Kospi closed down 137.49 points, or 1.98%, at 6,803.90 on Oct. 7, leaving South Korean stocks 25.3% below the record closing high of 9,114.55 set on June 22, according to investment information platform Epic AI on Oct. 8. Foreign selling and shrinking trading value have weighed on the

Coinbase has deposited $4.7 million in tokenized stocks into Aave V4, according to crypto commentator @tokenterminal. The deposits, which increased approximately 100% over the past week, represent a notable expansion of Coinbase's offerings into decentralized finance (DeFi). Meta and Nvidia tokenized shares constitute half of the total deposits, reflecting growing interest in bridging traditional financial instruments with blockchain-based lending and borrowing platforms. Tokenized Stock Deposit

Analysts have expressed skepticism about recent filings for sports franchise futures ETFs. James Seyffart, a CryptoTwitter commentator, stated the filings may not be a great sign for the industry at this stage, as these products have yet to demonstrate clear pathways to success. The concerns

International oil prices declined on October 7 as the International Energy Agency (IEA) announced member governments would accelerate the release of strategic petroleum reserves initially announced in March 2026, with readiness for additional releases if needed. The November delivery West Texas Inte

Korean retail investors turned net buyers in the KOSPI market this month, purchasing 105.2 billion won worth of stocks through the 7th, according to Korea Exchange data. The shift follows last month's massive sell-off of 14.197 trillion won in domestic equities. The reversal centers on

Kalshi submitted a proposal to the US Commodity Futures Trading Commission on October 7 for perpetual futures contracts based on West Texas Intermediate crude oil prices. The CFTC must decide within 45 days whether to approve the product. If approved, the contract would be the first crude-linked per

Korean retail investors shifted to net buying 105.2 billion won on the KOSPI this month through Oct 7, reversing from 14.197 trillion won in net selling last month, according to Korea Exchange data. The turnaround centers on semiconductor stocks ahead of earnings season, with SK Hynix

Samsung Electronics is set to announce its Q3 preliminary earnings results on October 8, as market tension reaches peak levels. The stock closed at 268,500 won on the previous day, down 1.29%, amid cautious sentiment ahead of the announcement. Goldman Sachs warned that short-term volatility may

South Korean securities firms and asset management companies imposed internal sales restrictions on single-stock leveraged exchange-traded funds (ETFs) before their May 27 listing, according to lawmaker An Sang-hoon of the People Power Party on February 8. The measures included solicitation bans and

South Korea's equity-linked securities market attracted significant capital inflows in the third quarter as the stock market entered a consolidation phase following earlier gains. ELS issuance reached 7.6188 trillion won in Q3, representing a 32.6% increase from 5.744 trillion won in the same

Kiwoom Securities raised its target price for Dreamtech stocks from 7,000 won to 12,000 won while maintaining a 'buy' investment rating. Analyst Oh Hyun-jin cited the need for multiple re-rating centered on the memory module segment where performance is materializing. The upgrade reflects Dreamtech'

South Korea's 10 financial holding companies reported 17.6 trillion won in net profit for the first half of 2026, according to preliminary data released by the Financial Supervisory Service (FSS) on October 8. The figure represents a 13.7% increase from 15.4 trillion won in the same period of 2025,

Wall Street analysts issued multiple buy ratings and raised price targets across technology, financial, healthcare, and commodities stocks, driven by expectations for improving corporate earnings and undervaluation. CNBC reported on October 7 that Yorkville Ives initiated coverage of Apple with a $4

Kim, former chairman of the Medium Foundation, has been on trial for nearly two years without a first-instance verdict in the KOK Coin fraud case, according to the virtual asset industry on the 8th. KOK Coin associates are accused of defrauding investors of trillions of won through a pyramid

Shinsegae Property is raising approximately 1 trillion won through private placement bonds underwritten by Meritz Securities to fund its Warner Bros acquisition. The South Korean real estate subsidiary announced on the 7th that it will issue private corporate bonds rather than public offerings due t

US stock indices closed lower on October 7 (US Eastern Time), with the Dow Jones Industrial Average falling 341.41 points (0.66%) to 51,179.87, the S&P 500 declining 17.16 points (0.22%) to 7,801.77, and the Nasdaq Composite dropping 61.20 points (0.22%) to 27,538.69. The declines were triggered

US stocks closed lower on October 7 (US Eastern Time) as volatility in French government bond yields spilled over into American markets. The Dow Jones Industrial Average fell 341.41 points (0.66%) to 51,179.87, while the S&P 500 declined 17.16 points (0.22%) to 7,801.77 and the Nasdaq Composite

Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to funds managed by Brevan Howard, the roughly $35 billion alternative investment manager, the companies announced on October 6. The agreement gives Brevan Howard access to Ripple Prime across both traditional and

Circle is bringing its USDC and EURC stablecoins into enterprise payment workflows through a partnership with Tereina, a financial services company backed by German enterprise software giant SAP. The integration will allow businesses using SAP's financial software to send and receive USDC and EURC w