Gate Cryptocurrency News and Market Analysis

Robin Brooks, a former Goldman Sachs foreign exchange analyst and senior fellow at the Brookings Institution, published analysis on May 29 (local time) disputing claims that yen carry trade unwinding is driving the recent surge in global long-term government bond yields. Brooks argued in posts on

Binance began migrating non-stock crypto assets from Funding Accounts into Spot Accounts on September 29. The exchange is separating ordinary crypto activity from its stock-trading infrastructure as part of a multi-stage reorganization expected to continue through January. Funding Accounts will be r

According to Butterfly Effect, the company behind Manus AI, Manus 2.0 was launched for overseas users on September 28. Its core architecture is the independently developed Cascade agent framework, which the company described as an entirely new architecture rather than a version update. In one test configuration, Cascade showed a 23.2% reduction in token usage, a 28.2% reduction in task completion time, and a 32% reduction in operating costs. Cascade Agent Framework: One Test Configuration Shows

US stock index futures rose during the Sept 30 morning session in Asian markets, driven by declining oil prices and dovish comments from New York Federal Reserve President John Williams. The gains came despite US Treasury yields climbing to multi-decade highs, with the 30-year yield touching 5.6% in

Meta announced on Sept. 28 that it was establishing Meta Enterprise Platform, with Zuckerberg describing it as the “next major pillar” of Meta’s business in the official newsroom post. The initiative will be led by CJ Desai, who recently left MongoDB and will serve as head of enterprise platform, reporting directly to Zuckerberg. Following the announcement, shares of database platform provider MongoDB closed down 18.46% that day. MongoDB Stock Plunges: CJ Desai Leaves After Just 11 Months; Share

Apollo Global Management and Bain & Company analysts identified a significant gap between AI infrastructure spending and projected customer revenue, according to a Yahoo Finance report. Apollo's chief economist Torsten Slok noted Wall Street analysts project tech sector operating cash flow will

BNK Busan Bank forecast on the 30th that the USD-KRW exchange rate could fall below 1,300 won in Q4, driven by a massive trade surplus. Economist Lee Young-hwa attributed the outlook to semiconductor export strength, which pushed the Jan-Aug trade surplus to $202.4 billion — five times the

South Korean banks' mortgage lending rates reached 4.66% in August, rising 18 basis points from the previous month and marking the highest level since November 2022, according to data released by the Bank of Korea on September 30. The increase represents the fourth consecutive monthly rise, driven b

South Korea's National Intelligence Service assessed on September 30 that a US-North Korea summit has a 50% probability around the November Asia-Pacific Economic Cooperation summit in Shenzhen, China. The NIS told the National Assembly Intelligence Committee that North Korea is showing receptive

South Korea's Ministry of Finance held the 2nd Global Core Investor Council via video conference on the 29th to brief major global investors on recent foreign exchange and capital market reform progress and address investment difficulties. Moon Ji-seong, International Economic Management Officer,

Citigroup (Citi) and Coinbase jointly announced on September 28 that they are expanding their partnership and launching a corporate stablecoin payment collection service integrated into Citigroup’s corporate collections platform, Spring by Citi. Consumers can pay with stablecoins, Coinbase will receive the digital assets and automatically convert them into fiat, and Citibank will complete final settlement as the “bank of record,” meaning merchants do not need to hold crypto assets or build their

Qatar's mediation efforts this week to broker a diplomatic breakthrough between the United States and Iran showed little progress, internet outlet Axios reported May 29 (local time). Citing three anonymous sources, Axios stated that neither the US nor Iran demonstrated willingness to change their po

Bitcoin treasury company Strive purchased 1,107 bitcoins last week (September 21–25) at an average price of $85,396 per coin, for a total of approximately $94.5 million. According to a Form 8-K filing submitted to the SEC on Monday, Strive’s total Bitcoin holdings have risen to 27,462 coins. Last Week’s Purchase Details: 1,107 Bitcoins Purchased at an Average Price of $85,396; Form 8-K Reveals Total Holdings Have Risen to 27,462 Coins Strive purchased 1,107 bitcoins last week (September 21–25) a

Jung Eun-bo, Chairman of Korea Exchange (KRX), announced on May 28 plans to expand AfterMarket into 24-hour trading. He also stated KRX will pursue shortened stock settlement cycles from T+2 to T+1. The initiatives aim to improve global investor access to Korean stocks and modernize the trading

Global investors requested South Korea's Ministry of Economy and Finance to ensure sufficient preparation and pilot operations before implementing the proposed stock settlement period shortening to T+1 (trade date plus one day) at a meeting held the day before. Moon Ji-seong, Deputy Minister for

According to reports by Sina Technology and Zhidingdongxi from Sept. 20 to 24, Tencent released a new version of Marvis, repositioning it from an AI assistant as an AI butler. Its core architecture consists of four continuously operating device and asset agents: PC Butler, Document Butler, Browser Butler, and Software Butler. PC Butler is built on a knowledge base accumulated from Tencent’s enterprise IT experience and more than 100 quick commands, and the vendor claims a PC task completion rate

SK Group's Price Return Swap (PRS) contract balance reached 7.1 trillion won as of September, making it the largest among Korean conglomerates, according to a Korea Ratings report titled 'PRS Emerging as Alternative Financing, Credit Risks Beyond Financial Statements' released on the 30th. The

Cryptocurrency market experts forecast US 10-year Treasury yields could rise to 6% on local time 29th, according to Coindesk. Markus Thielen, founder of 10x Research, stated yields remain low relative to nominal GDP growth at 6.56% and federal debt growth averaging 8.5% annually since 2020. Dan

Kakao Pay Securities and Dinari have formed a partnership to explore the possibility of distributing stocks listed on Korean exchanges using tokenization technology, with the goal of enabling overseas investors—particularly those in the U.S. market—to invest in Korean stocks through digital tokens. According to Binance Research, as of September 15, RWA AUM stood at $34.18 billion, while tokenized stocks had grown 390.4% year to date. Korean Stock Tokenization Partnership Framework: Developing a

Pintel (291810), an AI video analysis company, held an emergency board meeting on May 28 and approved filing an injunction against Korea Exchange to suspend the effect of its management stock designation, the company announced on May 30. The company submitted the injunction application to Seoul