Gate Cryptocurrency News and Market Analysis

Japanese stock indices rose on August 28 ahead of Federal Reserve Chair Kevin Warsh's Jackson Hole Symposium speech. The Nikkei 225 gained 273.58 points (0.41%) to close at 66,405.56, while the TOPIX index climbed 29.49 points (0.72%) to 4,146.71, according to Yonhap Infomax World Stock Index

Securities firms adjusted their outlook on Korean stocks during the recent week of August 22-28, with upward target price reports (47) exceeding downward reports (42) for the first time since last month's market decline. The KOSPI closed at 6788.88 on the 28th, down 1.79%, remaining below the 7000 l

Samsung SDI stocks rose 43.83% this month to 571,000 won on the 28th, while LG Energy Solution gained 12.8%, according to Korea Exchange data. South Korean secondary battery stocks rebounded as companies secured North American lithium iron phosphate (LFP) energy storage system (ESS) supply chains to

Marvell Technology, Inc. (MRVL) shares dropped 8.2% in early premarket trading after the chipmaker reported its second-quarter results. The decline came despite Marvell signing a major new AI chip agreement with Google, as the company failed to provide a meaningful increase in its long-term

Korea Exchange and financial regulators raised KOSDAQ and KOSPI delisting thresholds in July, designating companies with market caps below 20 billion won (KOSDAQ) or 30 billion won (KOSPI) and stock prices under 1,000 won for monitoring. The policy aims to remove poorly-performing listed firms,

President Donald Trump praised Nvidia Corp. and CEO Jensen Huang on Thursday after the chipmaker reported record quarterly sales of $96.2 billion and forecast 70% revenue growth in fiscal 2028. Nvidia stocks rose nearly 9% Thursday, marking the best single-day gain in over four months. Trump

Tesla, Inc. (TSLA) shares rose 3% on Thursday but remained down 2% for the week, ending a three-week winning streak, while New Street Research analyst Pierre Ferragu said Alphabet-owned Waymo's defense of its sensor-heavy robotaxi system increased his confidence in Tesla's vision-based approach. Fer

Major Korean brokerage firms forecast the KOSPI index will trade between 6500 and 8000 in September, following the index's close at 6,788.88 on August 28—a 1.79% decline that left it trapped below the 7000 level throughout August. Analysts cite semiconductor sector earnings stability and US

Shiba Inu (SHIB) closed above its 20-week moving average for the first time since September 2025, ending an 11-month downtrend. The breakout coincided with Japan's Financial Services Agency approving Laser Digital Japan, a Nomura-backed exchange, to list SHIB on August 21. The approval marks Japan's

Strategy Inc. (Nasdaq: MSTR) saw its diluted market value to net asset value (mNAV) premium compress to approximately 0.74x on August 27, according to Arthur Hayes during a recent appearance on Laura Shin's Unchained Podcast. The company holds 840,447 BTC but faces roughly $1.5 billion in annual

OneKey's security team successfully reproduced a transaction replacement attack targeting Ledger's outdated Ethereum app version 1.22.1 in a controlled test environment. OneKey founder and CEO Yishi Wang stated they exploited a previously patched vulnerability that allowed attackers to overwrite

Billionaire venture capitalist Chamath Palihapitiya pointed to Salesforce's (CRM) Q2 results as validation of his May view that the software-as-a-service sector was approaching a bottom. CRM stock soared 23% to $252.05 on Thursday, marking its second-best session on record, and had gained 41%

S-Oil stocks surged over 9% on the 28th, driven by strong refining margins and earnings improvement expectations. The stock closed at 149,200 won, up 12,500 won (9.14%) from the previous trading day, with institutions and foreigners net buying 6.44 billion won and 5.71 billion won respectively.

World Liberty Financial, a Trump-linked crypto venture company, is preparing to launch a federally chartered national trust bank after the Office of the Comptroller of the Currency granted preliminary conditional approval earlier this month. The proposed bank is intended to issue, redeem, and

Marvell Technology reported record second-quarter results after Thursday's close, yet the stock fell over 7% in after-hours trading. Revenue beat at $2.739 billion, up 37%, with data center revenue climbing 46% to $2.171 billion and non-GAAP EPS reaching $0.94, a penny above consensus. The company r

Mitrade has become the World Snooker Tour's official trading partner for the 2026/27 season starting at the British Open in Cheltenham on 31 August, according to an announcement. The sponsorship gives the CFD brand exposure across the tour's European events following its regional sponsorship of the

Samyang Packaging received buy orders totaling KRW 900 billion for its KRW 600 billion corporate bond issuance, achieving 1.5 times oversubscription according to investment banking industry sources. The bond offering aims to refinance KRW 600 billion in unsecured bonds maturing next

LG Group faces divergent impacts from AI expansion across its business portfolio, according to analysis presented at a Korea Ratings web seminar on the 28th. Ha Hyun-soo, senior researcher at Korea Ratings Corporate 3 Division, stated that while AI-driven data center growth creates opportunities

SK Group's credit risk has eased due to strong semiconductor division performance, according to Ha Hyun-soo, senior researcher at Korea Ratings, who presented at a web seminar on May 28. The improvement comes despite continued weakness in petrochemical and battery divisions, with the group's total d

Asahi Shimbun editorial board member Kiyohide Inada published an analysis on the 28th warning that South Korea's record-breaking semiconductor export boom may deepen social inequalities rather than resolve structural economic problems. The column cited data showing semiconductor exports in the