Gate Cryptocurrency News and Market Analysis

REX Shares and Tuttle Capital Management launched the T-REX 2X Long ASST Daily Target ETF (ticker: ASSX) on September 18 on Cboe, offering traders 200% leveraged exposure to Strive's stock rather than Bitcoin directly. The fund targets double the daily performance of Strive (ASST), a company

Federal prosecutors are investigating whether Binance failed to stop trading that violated U.S. sanctions on Iran, Bloomberg reported Monday. The Manhattan U.S. attorney's office is handling the inquiry, with the Justice Department's criminal division in Washington also involved, examining whether t

FX swap points in South Korea's foreign exchange market showed firm-to-strong performance on the 22nd, with the 1-year maturity closing at -11.80 won, up 0.10 won from the opening. The upward movement was driven by the 1-week FX swap settlement rolling over to the next month, triggering demand for s

Parking-type exchange-traded funds (ETFs) in South Korea attracted 1.8352 trillion won in capital inflows over one month, according to data from KOSCOM covering the period from the 21st of last month to the previous day. The three parking-type ETFs that ranked in the top 10 for domestic ETF inflows—

Vingroup, Vietnam's largest private enterprise, is proceeding with the issuance of 3000-4000 billion KRW corporate bonds in South Korea mid-next month. The move represents an interest rate shopping strategy, allowing Vingroup to secure funding at around 7% in Korea instead of paying over 11% in Viet

Patrick Witt, Executive Director of the White House Presidential Crypto Advisory Council, will attend the Upbit Institutional Summit on the 29th hosted by Dunamu, operator of crypto exchange Upbit. The event was announced on the 22nd and will take place at Grand Walkerhill Seoul in Gwangjin-gu. Witt

Philippine Trade Secretary Cristina Roque and European Commissioner for Trade and Economic Security Maroš Šefčovič announced on September 22 that the Philippines and European Union had reached a substantial agreement on a free trade deal, following a video call between the two officials. European Co

On September 22 Beijing time, the international crude oil market continued its decline. According to data from Gate 行情, the latest quote for WTI 原油（CLUSDT） was $91.06 per barrel, down 3.25% over 24 hours, with an intraday low of $90.14, falling below the $91 mark for the first time since September 8; 布伦特原油（BZUSDT） was quoted at $95.65, down 2.15% intraday. Meanwhile, 比特币（BTC） was quoted at $85,458, up 4.8% over 24 hours, with a market capitalization of approximately $1.63 trillion, while market

Upbit, South Korea's largest cryptocurrency exchange, has flagged Sophon (SOPH) as a trading-warning asset and suspended deposits. Binance announced it will remove seven USDC spot trading pairs on September 25, citing liquidity issues. The transparency concerns stem from inadequacies in SOPH's

Baek Seok-hyun, an economist at Shinhan Bank's S&T Center, discussed foreign exchange market volatility and investment strategies in an interview with 'Deep Money Talk.' The won appreciated nearly 15% over two months, rising from 1550 won per dollar in July to become the fastest-rising major

A Bitcoin wallet dormant for over 14 years transferred all 600 BTC in the past 24 hours, valued at approximately $51.28 million. The wallet originally received the Bitcoin when it was worth around $8, marking a 10,683-times return on the initial investment. This significant transfer has drawn

White hat hackers transferred 52.37 Bitcoin they rescued from wallets exposed by a Coldcard vulnerability to an address controlled by Wyoming-based Crypto Recovery Trust, according to Galaxy Digital head of research Alex Thorn in an X post on Monday. The transfer represents a coordinated effort to p

Hanyang Securities issued 150 billion won in its first public corporate bonds on the 21st, marking a strategic shift from short-term commercial paper to longer-term debt financing. The issuance aims to reduce reliance on 3-month commercial paper (CP) and extend the firm's debt maturity profile as it

NeoSapiens experienced extreme volatility in its after-market debut on KOSDAQ, with shares plunging 17.38% within one minute of opening. The stock opened the after-market session at 40,000 won — the upper limit at 400% of its 10,000 won IPO price — before dropping to 33,050 won in under 60 seconds o

South Korean stocks closed mixed on the 22nd, with the KOSPI rising 0.15% to 7017.91 and the KOSDAQ falling 0.23% to 834.38, as early gains driven by Meta's AI agent Muse were offset by a rebound in oil prices. The KOSPI surged in early trading after Meta's AI agent topped US iPhone free app

The US Federal Reserve and Bank of England are investigating global banks' exposure to major trading firms including Jane Street and Citadel Securities, following Jane Street's announcement of $15 billion in losses in July. The regulatory probe was accelerated after hedge fund Situational

Kakao blocked the American Depositary Receipt (ADR) listing plan for its subsidiary Kakao Mobility pushed by second-largest shareholder TPG on the 22nd after market close. The board cited that the current structure — which would allow only TPG to liquidate its stake in the US market — provides no ec

Sama Aluminum closed at 55,000 won on the 22nd, down 2.65% that day, but shares have surged 131.1% year-to-date, outpacing the KOSPI index's 66.5% gain over the same period. Securities firms project the aluminum foil manufacturer's 2024 operating profit at 4.4 billion won, up 124.9% year-over-year,