Gate Cryptocurrency News and Market Analysis

Public companies added 3,342 BTC to their holdings during the week of Sept 28 to Oct 4, totaling approximately $286.31 million, as stablecoin supply increased by $715.8 million according to @lookonchain. The accumulation occurred amid declining decentralized exchange trading activity, with spot

Solana's tokenization market has recorded growth marked by Africa's largest initial public offering and the emergence of memestocks on the platform. According to commentary from @SolanaFloor, over 1 million equity holders are now engaged in the sector. The developments reflect a broader trend in

Tiger Research said Oct. 6 that high-performance Layer 1 blockchain Monad could be used as financial infrastructure for South Korea's stablecoin, payments and real-world asset markets. The Web3-focused research firm published a report titled 'Monad's View on South Korea's Digital-Asset Market in 203

Hankyung reported on the 5th that South Korea's Q3 earnings season will favor shipbuilding, refining, and electronics component companies over semiconductor firms, as won strength dampens profit estimates for Samsung Electronics and SK Hynix while industrial and energy sector forecasts rise.

Korean shipbuilding, refining, and electronics component stocks are expected to outperform semiconductor giants Samsung Electronics and SK Hynix in the third-quarter earnings season, according to an October 5th report by Hankyung. Won appreciation from 1,430 to 1,370 per dollar has pressured semicon

DS Investment Securities raised its target price for Lino Industrial stocks to 100,000 won from 77,000 won on the 6th, maintaining a 'buy' rating, citing the company's potential to benefit from Co-Packaged Optics (CPO) adoption. Analyst Lee Su-rim stated that CPO introduction creates a new testing a

Meta AI predicts XRP could surge above $10 this year in a hypothetical scenario involving massive crypto bull market conditions and institutional adoption. Currently priced at approximately $1.50, the prediction represents a potential gain of around 8x. The forecast hinges on a scenario where

OpenAI is seeking to raise at least $30 billion in a new funding round, with investment institutions in the United Arab Emirates discussing a commitment of as much as $10 billion, Bloomberg reported on Oct. 5. The AI company has been in talks with several UAE investment firms, including Abu

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