Gate Cryptocurrency News and Market Analysis

Korean preferred stocks trade at steep discounts to common shares, with Samsung Electronics preferred stock closing at 186,500 won on the referenced date, 28.3% below its common stock price of 260,000 won. The Korea Corporate Governance Forum held its 55th seminar at the Korea Financial Investment E

TRON Founder Justin Sun participated in Bitcoin Asia 2026 in Hong Kong on August 27, joining two fireside discussions on Bitcoin's evolution, institutional adoption and global digital finance structure. Sun discussed Bitcoin's transition from experimental technology to established monetary asset, st

US Treasury yields showed mixed performance on the 31st at 3pm Eastern time, with long-term bonds declining as short-term bonds edged slightly higher. The 10-year Treasury yield rose 3.50 basis points to 4.7570%, while the 2-year yield fell 0.20 basis points to 4.3500%, according to Yonhap Infomax's

ChatGPT AI predicts XRP reaching $2.20 to $3.00 by the end of 2026, with $2.50 as the realistic base case, according to a model analysis released recently. The prediction is driven by the XRPL 3.3.0 upgrade announced on August 6, which introduces proposed upgrades for atomic transactions,

NAV Coin dropped 11.6% in one hour to trade at $0.043247, marking its sharpest decline in weeks. The cryptocurrency fell from $0.049 to $0.043 during this period, following a daily high of $0.051286 earlier in the day. The price movement reflects shifting trader sentiment amid broader cryptocurrency

The House Permanent Select Committee on Intelligence urged U.S. spy agencies to prepare for 'Black Swan' artificial intelligence risks, warning in a new report that the technology could be leveraged by terrorists or adversaries to develop more dangerous weapons and plot more deadly attacks. The repo

Gold futures declined on the 31st as Fed Chair Kevin Warsh's hawkish Jackson Hole remarks continued to pressure precious metals markets for a second consecutive session. As of 2:21 PM Eastern Time on the 31st, December delivery gold futures (GCZ6) on the Chicago Mercantile Exchange's COMEX

South Korean asset management companies are launching similar exchange-traded fund products with nearly identical investment philosophies and portfolio structures, according to Korea Exchange data. Domestic listed ETFs totaled 1,163 products, nearly double the 533 products that existed in 2021, with

Samsung Electronics and SK Hynix stocks experienced sharply divergent investor behavior in August as foreign investors sold 7.06 trillion won of SK Hynix and reduced Samsung positions while retail investors purchased 2.64 trillion won of SK Hynix and 2.29 trillion won of Samsung Electronics. The

Franklin Templeton Chief Investment Strategist Christine Tan told Korea Economic Daily on the 28th that Korean stocks will show a 'semiconductor plus' pattern in the second half as hidden value stocks awaken. The firm published a 'Peacock and Tiger Story' report in early last month recommending

Private fund trading activity in South Korea's KOSPI market reached 1.89% of daily average trading volume in August through Aug 28, up from 1.73% in July and around 1% throughout the first half, according to Korea Exchange data released Aug 31. The increase occurred as individual investor daily aver

Ondo Finance integrated its USDY yield-bearing token and Ondo Intelligent Portfolios with LBank, making both products available to LBank's 25 million-plus registered users. The integration expands distribution for Ondo's tokenized products, which include USDY backed by U.S. Treasuries and

The Monetary Authority of Singapore announced FSTI 4.0 on August 31, committing S$220 million over three years to expand government support for the fintech sector across six funding tracks covering institutional projects, manpower, artificial intelligence adoption, infrastructure, centres of

Strive bought 1,800 BTC for roughly $143 million at an average price of $79,431 per coin, CEO Matt Cole said Monday, raising the company's total holdings to 23,156 BTC worth about $1.76 billion. The purchase extends an aggressive accumulation strategy for the firm, which trades as ASST following