Gate Cryptocurrency News and Market Analysis

Samsung Electronics and SK Hynix are projected to report combined Q3 2024 operating profits of 18.951 trillion won, with Samsung's consensus estimate at 11.137 trillion won (up 815.5% year-over-year) and SK Hynix at 7.813 trillion won (up 586.3% year-over-year), according to financial data

SK Securities released an analysis on conditions under which KOSDAQ could outperform KOSPI from after the Chuseok holiday through year-end. The brokerage identified three conditions that historically enabled KOSDAQ's outperformance: a large-cap stock vacuum, clear market-cap weighted theme

The Bank of Japan (BOJ) raised its policy rate from 1.00% to 1.25% in its September monetary policy meeting, marking the highest level in 31 years. The 25-basis-point increase, the first adjustment since June, aims to preemptively control upside inflation risks stemming from recent oil price increas

The Bank of Japan (BOJ) raised its policy rate from 1.00% to 1.25% in its September monetary policy meeting, marking a 25 basis point increase and the highest level in 31 years. The hike, the first in three months since June, aims to preemptively control upside inflation risks from recent

Ethena is expanding the basis-trade strategy behind its USDe stablecoin into tokenized US equities. The protocol plans to use Binance bStocks as tokenized spot assets while taking offsetting positions in equity perpetual futures, extending the delta-neutral structure that has historically

Samsung Electronics and SK Hynix have nearly completed their large-scale share buyback programs in the Korean stocks market. As of Sept 23, Samsung Electronics acquired 86% of its planned shares (45.8 million shares) while SK Hynix reached 66% completion (15.95 million shares), according to Korea

KONEX, South Korea's startup stock exchange, recorded a daily average trading volume of 1.1 billion won from early this year through the 23rd, marking the lowest level since the government's 2015 market activation initiative, according to Korea Exchange on the 27th. The market has experienced

President Lee Jae-myung completed a 5-night-7-day tour of the United States and Mexico on the 26th (local time), holding an impromptu tea meeting with accompanying journalists in Anchorage, Alaska during a layover on his return journey to Seoul. The tour was conducted to attend the 81st UN General A

Samsung Electronics is projected to report an operating profit of 111.8 trillion won for Q3, according to F&N Guide's consensus estimate released recently, with the preliminary results expected to be announced on October 7-8 next month. The forecast represents an 819.1% increase from the same

Jeffrey Epstein discussed a government-managed digital currency structure in an email sent to cryptographer Whitfield Diffie on January 31, 2013, according to documents released by the U.S. Department of Justice (DOJ) Epstein Library. Epstein described Bitcoin as having "interesting elements"

FC Barcelona launched Barça Fan Lab, a blockchain-based platform built on the Cardano network with development support from Andamio and funding from Cardano's Catalyst Fund 13. The platform connects BarçaID digital identity with a Cardano Web3 wallet, allowing fans to hold verifiable credentials

DYP CEO Hong Sun-gyeom stated in an interview on the 23rd that the company's piston business volume will continue growing until 2035, with piston revenue projected to increase by at least 70 billion won by 2032 as the company takes over orders from global competitors. The CEO emphasized that new bus

Magic Eden says legacy approvals from its former EVM marketplace left more than $5.7 million worth of NFTs exposed to a vulnerability in Limit Break's Payment Processor V2. The exposure occurred despite Magic Eden closing the marketplace in October 2024, as old user permissions granted to the

The Seoul foreign exchange market is set to explore directional movements during the week of September 28 to October 2, driven by US inflation and employment indicators alongside Korean export and inflation data. Last week (September 21-25), the won showed exceptional strength as the dollar-won

Four companies will list on South Korea's KOSDAQ market during the week of September 28 to October 2, with Global Technology and Big Wave Robotics leading the wave on September 29. Global Technology confirmed its IPO price at 10,000 won, falling below its hoped-for band of 13,000-15,000 won, while B

Korean stocks will seek direction this week by monitoring US inflation data and semiconductor earnings. KOSPI closed at 7080.92 on Sept 23, up 2.71% for the week of Sept 21-23, according to Korea Exchange data released Sept 27. High US Treasury yields create pressure, but AI investment

Asia-Pacific real asset manager ESR recently signed a contract to acquire 100% stake in Aquila Clean Energy APAC from Germany's Aquila Group, with the transaction expected to close in Q1 2027 pending regulatory approvals. The acquisition aims to secure power infrastructure as stable electricity

Korean manufacturing companies expect improved business conditions in Q4 2026, with the Business Survey Index (BSI) reaching 86, up 6 points from the previous quarter's 80, according to a survey released on the 27th by the Korea Chamber of Commerce & Industry. The survey of 2,413 manufacturing

Nicholas Ribis forwarded an email to Jeffrey Epstein on February 17, 2019, containing a cryptocurrency exchange expansion plan from Mercantile Global Holdings (MGH). Ribis sent the email to Epstein's address JEEvacation@gmail.com, stating he thought Epstein would find the content interesting. The

Samsung Electronics' last purchase date to qualify for its approximately 30 trillion won Q3 cash dividend is the 28th, with the record date set for the 30th. The company announced plans to distribute around 30 trillion won in cash dividends in Q3, including regular quarterly dividends, as part of a