Gate Cryptocurrency News and Market Analysis

US vaccine biotech company Vaxcyte announced on the 5th (local time) that its pneumococcal vaccine candidate VAX-31 produced positive results in Phase 3 clinical trials. The trial of 4,047 adults showed VAX-31 generated immune responses similar to Pfizer's Prevnar 20 and Merck's Capvaxive. The pneum

Korean secondary battery stocks surged during trading on October 6, with the KRX Secondary Battery TOP10 Index rising 170.38 points (4.70%) to 3793.31 as of 2:03 PM. The rally followed Tesla's announcement that its Q3 vehicle deliveries of 486,532 units exceeded market forecasts of 461,000 units,

KMD dropped 61.48% in the last hour, now trading at $0.007703. The rapid decline reflects a sudden shift in market sentiment, prompting traders to reevaluate positions. The price action shows increasing caution among investors as the broader crypto market displays mixed signals. KMD

At least 50 tankers carrying Iranian crude and other cargoes are stranded in waters near Iran as the U.S. maintains a maritime blockade of the country, Bloomberg reported on October 5. United Against Nuclear Iran, or UANI, said in its regular shipping report that at least 50 vessels, mainly tankers

South Korea's exchange-traded fund (ETF) market crossed 500 trillion won in net assets in May, with retail investors concentrating their investments in US S&P500 index products. TIGER US S&P500 ETF surpassed 20 trillion won in net assets, rapidly narrowing the gap with KODEX 200, the top-ranked

SpaceX stocks rose 7.63% to 171.09 USD on the 5th (local time), spotlighting Mirae Asset Group's early investment gains. Morgan Stanley analyst Adam Jonas maintained an Overweight rating and 300 USD target price, citing undervaluation relative to growth potential. SpaceX has expanded beyond rocket t

South Korean secondary battery stocks rallied on the 6th, with Samsung SDI gaining 7.56% to 569,000 won as of 1:42 PM. The sector-wide advance was driven by expectations of increased energy storage system (ESS) battery demand linked to expanding US artificial intelligence (AI) data center

OKXICE, the joint venture between crypto exchange OKX and Intercontinental Exchange (ICE, parent company of the New York Stock Exchange), filed a notification with the U.S. Securities and Exchange Commission (SEC) on October 4 to launch a Tokenized Securities Venue (TSV) enabling 24-hour trading of

Digital X, Mirae Asset's digital asset investment platform, launched a redesigned mobile app on the 6th, becoming the first domestic virtual asset exchange to integrate a generative AI chatbot. The update represents the platform's first major redesign since joining Mirae Asset Group, directly

Korean listed companies on the KOSPI and KOSDAQ markets showed improved audit opinions for both financial statements and internal accounting management systems as of 2025 year-end, according to an analysis released on the 6th by the Korea Listed Companies Association. The number of companies

US Bitcoin spot ETFs recorded a net outflow of $89.8 million on October 5 (US Eastern Time), according to data from Farside Investors. The withdrawal reflects investor repositioning as the products experienced alternating inflows and outflows over recent trading sessions. Over the most recent five t

Polymarket announced the launch of Protocol V2 with a full mainnet switchover scheduled for November 2. The upgrade replaces the platform's 2019 Gnosis CTF foundation and aims to streamline operations by consolidating various market types. The announcement was highlighted by CryptoTwitter

The U.S. Securities and Exchange Commission has approved the first U.S. 3x leveraged Bitcoin and Ether exchange-traded products, with Volatility Shares as the issuer. The approval was confirmed in a tweet from KuCoin, with trading pending final registration. These products are designed to target

France, the UK, and Germany are experiencing rising government debt levels as European sovereign bond yields climb sharply. France's national debt reached 118.4% of GDP in 2026 according to the International Monetary Fund (IMF), while the UK's debt stood at 103.6% of GDP and Germany's at 64.6%.

RocketX Exchange executed over $500,000 in compliant private swaps on the Polygon network. The platform reported total swap volume exceeding $107 million, reflecting demand for private transactions within decentralized finance. Polygon operates as a layer-2 scaling solution designed to improve

The Federal Open Market Committee (FOMC) will release the minutes from its September meeting on October 8 at 3 AM Korean time (October 7, 2 PM US Eastern time). The minutes will reveal the reasoning behind each Fed committee member's vote for the rate increase decision made at the September meeting.

Citadel Securities projected that the investment environment will improve in the fourth quarter after September reconfirmed its reputation as a challenging month for investors. Chief Equity Strategist Scott Rubner stated in a recent blog that investor positioning has lightened, valuations have

The S&P 500 has posted positive returns in every year following US midterm elections since 1946, averaging 14.4% gains, according to analysis from investment bank Truist cited by Yahoo Finance on October 5 (US local time). The pattern emerges as seasonal factors historically support equity markets e

Stablecoin payments infrastructure provider Rain filed an application on Monday with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank, a national trust bank to be headquartered in New York. The proposed bank would provide fiduciary custody of digital assets a

Nam Gil-nam, a senior research fellow at the Korea Capital Market Institute, called for regulatory measures to protect domestic investors as perpetual futures products tracking Samsung Electronics and SK Hynix stocks expand on overseas cryptocurrency exchanges. In a report titled 'Perpetual