Gate Cryptocurrency News and Market Analysis

South Korean parliamentary efforts to question Kim Yong-beom and other officials about single-stock leveraged ETFs stalled as the opposition blocked witness summons. The ruling People Power Party had sought testimony to clarify the decision-making process behind the policy, introduced on May 27

Samsung Electronics is scheduled to release its Q3 preliminary earnings on Oct 8, a key test for whether the KOSPI can stabilize above the 7000 level amid pressure from rising US Treasury yields. The KOSPI closed at 7003.74 on Oct 2, down 1.09% for the week (Sept 28–Oct 2), recovering the 7000

Nokia CEO Justin Hotard stated that the tech industry would build data centers twice as fast without current supply constraints, underscoring continued demand for AI infrastructure. Supply shortages of key memory chips and energy are limiting buildout pace, according to Hotard's comments to CNBC's "

Strategy estimates it recorded a $20.91 billion gain on its digital assets in the third quarter, according to the company's October 5 Form 8-K filing. The preliminary figure reflects Bitcoin's price rebound during the quarter, with the company's holdings reaching a carrying value of $70.82 billion o

The Depository Trust & Clearing Corporation (DTCC) announced during the Sibos 2026 conference that it is enabling a gold standard of tokenized equity, a development highlighted by Chainlink. The initiative aims to modernize traditional finance mechanisms by integrating blockchain technology into

BitGo announced the integration of OUSD custody services on the Tempo platform. The development enables institutions operating on Tempo to hold and manage the Open Standard stablecoin using existing wallet infrastructure designed for other digital assets. BitGo, a digital asset custody provider, sta

Hong Kong investors are increasingly seeking access to Korean stocks, particularly Samsung Electronics and SK Hynix, prompting Korean securities firms to expand their retail operations in the territory. In June, Mirae Asset Securities Hong Kong launched MAPS, a global investment platform offering st

South Korea's four major oil refiners — SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank — are navigating losses under a government-imposed maximum price system that has been in effect for seven months since March 13. The Ministry of Trade, Industry and Energy set the 10th price ceiling on last m

South Korea's Financial Services Commission (FSC) is preparing a sales channel for investors holding fewer than 20 shares of single-stock leveraged exchange-traded funds (ETFs) ahead of the trading unit expansion. The regulator is considering allowing after-hours closing price trading for a

The three major US stock indices closed higher on local time 5th despite rising long-term Treasury yields, driven by strong buying in artificial intelligence-related stocks. The Dow Jones Industrial Average rose 0.18% to 51,267.90, the S&P 500 gained 0.66% to 7,773.95, and the Nasdaq Composite

DeFi Development Corp. added 26,202 SOL tokens, worth approximately $3 million, to its treasury between Sept. 28 and Oct. 2, according to an 8-K filing submitted Oct. 5. The Nasdaq-listed company (ticker DFDV), which holds the second-largest Solana position globally, now owns 2,564,212 SOL and SOL e

Jincotech and Elice Group launched public stock subscription offerings this week following the national holiday, according to the financial investment industry on the 6th. Jincotech closes its retail subscription on the 6th with a confirmed offering price of 23,500 won, while Elice Group confirms it

Six Korean stocks that listed in September all closed above their initial public offering prices on their first trading day, signaling a recovery in investor sentiment after a July-August slump. The September cohort recorded first-day returns ranging from 23.15% to 285.83%, with Wiseplanet Company l

Korean securities analysts are advising investors to reduce exposure to securities stocks through year-end. The KRX Securities Index stood at 1776.23 as of '지난 2일', marking a 47.1% decline from its peak of 3362.84 recorded on '지난 5월6일'. Analysts attribute the sector's weakness to high interest

Multiple Korean companies are launching initial public offering (IPO) subscriptions this week following the Gaecheonjeol holiday, with Jincostock closing its public subscription on the 6th and Ellis Group conducting subscriptions on the 7th-8th. Jincostock set its public offering price at 23,500

Six Korean stocks that listed in September all closed above their offering prices on their first trading day, signaling a recovery in IPO market sentiment. The companies achieved first-day returns ranging from 23.15% to 285.83%, contrasting sharply with July-August when six of ten new listings close

Brazilian asset markets surged on local time the 5th after Flavio Bolsonaro placed first in presidential election first-round voting. Bolsonaro of the Liberal Party defeated incumbent President Luiz Inácio Lula da Silva by approximately 2 percentage points in voting held the day before. The

Shares of SpaceX (SPCX) closed 8% higher on Monday at $171.09 after the company's subsidiary filed a proposal for a natural gas pipeline in Florida to fuel Starship launches from Cape Canaveral. The stock gain was driven by the pipeline filing, positive analyst commentary from Morgan Stanley

West Texas Intermediate (WTI) crude oil for November delivery fell $1.68 (1.84%) to close at $89.43 per barrel on October 5 (US Eastern time) on the New York Mercantile Exchange, while Brent crude for December delivery dropped $1.93 (1.89%) to $100.32. The decline marked the second consecutive day o

Carli Michelle Heller of Bonita Springs, Florida, was arrested after Anthropic's AI platform Claude flagged threatening statements she wrote on Sept. 26 and Sept. 27. Investigators say Heller wrote on Sept. 26 that she would shoot up the Lee County Sheriff's Office, and her Claude account showed