Gate Cryptocurrency News and Market Analysis

E-mart invested $1 billion in the Paramount-Warner Bros Discovery merger through its subsidiary Starfield Property, with the transaction completed on the 3rd according to Nice Credit Rating's analysis released on the 7th. The investment, valued at 1.3596 trillion won at the disclosed exchange

The National Pension Service completed an internal audit of its Real Estate Investment Office Director on the 7th. The director was placed on standby in mid-July after being accused of making inappropriate private demands using authority over real estate investment operations. The allegations

Hanon Systems is expected to continue its profitability improvement trend despite a sluggish automotive industry, driven by cost reductions from restructuring and increased cost recovery from customers. Korea Investment & Securities maintained its 'buy' rating and 5,000 won target price for the

San Francisco Federal Reserve President Mary Daly warned that semiconductor demand driven by artificial intelligence expansion is emerging as a new inflation factor for the United States, as AI-related chip needs spread beyond data centers into automobiles and consumer electronics. According to U.S.

NextEye announced on the 7th a partnership with Chinese robotics and automation company SIASUN to develop artificial intelligence (AI) inspection robots for multi-product manufacturing lines. The collaboration will combine SIASUN's robot platform with NextEye's machine vision and AI inspection

BlueMTech, a KOSDAQ-listed pharmaceutical online distribution company, is nearing completion of its management stake sale contract. Korea Securities Finance held an investment committee meeting the day before and finalized its investment decision by drafting a Letter of Commitment (LOC) as the

Coinbase announced an integration with Deribit, described as the world's leading crypto options exchange, to create a unified liquidity pool for U.S. and global derivatives trading. The partnership aims to provide enhanced trading capabilities for institutional clients, including access to options a

US spot Ether exchange-traded funds recorded net outflows of $201.9 million on October 6, according to Trader T. The outflows marked the sixth consecutive trading session of net withdrawals from these products. All outflows originated from BlackRock's ETHA fund, while other Ether ETF products

Democratic Party lawmaker Lee Yong-woo announced the proposal of an amendment to the Worker Retirement Benefit Security Act on the 7th, introducing a fund-type retirement pension system operated by specialized fund management institutions. The proposal addresses what Lee described as a structural pr

US software stocks rebounded on the 6th (local time), with the S&P 500 Software & Services index rising 1.3% to its highest level since November, according to Reuters. The sector had plummeted over 26% from late January to its April low amid fears that artificial intelligence would enable

Korea Carbon and Taekwang Industrial have entered the final stages of becoming the conditional acquirer (stalking horse) for mid-sized shipbuilder K Shipbuilding, with practical procedures underway for signing a memorandum of understanding (MOU) with sellers UAMCO (Yuhan Asset Management) and KHI. T

Skydance (SKYD) took control of Paramount and Warner Bros. Discovery after the acquisition closed, with SKYD stock rising more than 1% overnight before Wednesday trading. The deal created a combined media entity overseeing Paramount, Warner Bros., HBO, CBS, CNN, Paramount+, HBO Max, Pluto TV and

Korea Exchange terminated its KOSDAQ market-making contract with CLSA Korea Securities for 59 stocks, effective from the 7th. The termination follows CLSA Korea Securities' failure to meet quarterly performance evaluation standards, resulting in accumulated penalty points that triggered a market-mak

US spot Bitcoin exchange-traded funds recorded net inflows of $118.8 million on October 7, returning to positive flows after one day of outflows. Data from Trader T showed BlackRock's IBIT led with $122 million in inflows, while Morgan Stanley's MSBT contributed $7.8 million. Month-to-date net inflo

Whale Alert confirmed a transfer of $120 million USDT from Bitfinex to Tether Treasury on October 7, 2026. The transaction was reported via Whale Alert's official social media channel. The announcement received 14 likes and 2 replies from the cryptocurrency community, indicating moderate interest in

Maple announced a partnership with IRACE Digital Bank aimed at enhancing institutional cash management capabilities. The collaboration will facilitate fiat settlement and streamline payments between Maple and its institutional clients. Maple stated this move is essential for developing the next

Nvidia Corp. (NVDA), Advanced Micro Devices Inc. (AMD), and CrowdStrike Holdings Inc. (CRWD) stocks surged to annual highs on Tuesday, with NVDA reaching an all-time high of $243.37. The gains followed analyst price target upgrades from Citi, Mizuho, BNP Paribas, and StoneX, alongside reports that S

The Government Commission on Legislative Drafting has approved a bill establishing criminal liability for organizing the illegal circulation of digital currency if it causes major damage, a source familiar with the document told Interfax. The bill would add a new Article 171.7 to the Criminal Code of the Russian Federation. Penalties for the Illegal Circulation of Digital Currency Under the bill, organizing the illegal circulation of digital currency would be punishable by a fine of 100,000 to 3