Gate Cryptocurrency News and Market Analysis

The Korea Exchange reduced biotech company IPO review times to 70 business days in 2025, down from 140 business days in 2022, following the implementation of an industry-specific review system in July 2024. The shortened review period addresses funding challenges faced by biotech firms during

QNT surged 11.04% in one hour to reach $207.97, marking a 70.29% increase over 24 hours. The rapid price movement reflects strong buying interest as the asset traded between a low of $157.34 and a high of $208.05. The surge occurred amid mixed signals across the broader crypto market, with

Lee Chung-jae, a researcher at Korea Investment & Securities, stated in a recent interview that Middle East oil supply normalization will require 2 to 3 years even after the US-Iran war ends. The Strait of Hormuz blockade affects 20 million barrels per day of Middle East oil supply, with potential s

Samsung Electro-Mechanics closed at 1,507,000 won on the 23rd, down 37.65% from its June 19 peak of 2,417,000 won, yet securities firms are raising target prices citing strong fundamentals. The decline stems from AI semiconductor peak concerns and single-stock leveraged product supply disruptions th

Lee Chung-jae, a researcher at Korea Investment & Securities, warned in a recent interview that oil supply normalization will require 2 to 3 years even after the US-Iran war ends, citing AI datacenter construction as a factor delaying oil production facility recovery. The Hormuz Strait blockade

Samsung Securities sold out 100 billion won of 1-year promissory notes offering 4.3% annual interest in two and a half days this month, while Kiwoom Securities and Shinhan Investment Securities also launched products with 4-5% rates. The promissory note rates significantly exceed the average

Mok Dae-gyun, CEO of KCGI Asset Management, recently published the book 'BUY, SELL, HOLD,' which received endorsements from prominent Korean financial industry figures including former Financial Investment Association Chairman Hwang Young-ki, former Mirae Asset Asset Management Vice Chairman Koo

Mok Dae-gyun, CEO of KCGI Asset Management, recently published a book titled 'BUY, SELL, HOLD' that drew endorsements from prominent Korean financial figures including former Financial Investment Association Chairman Hwang Young-ki and DS Asset Management Chairman Jang Duk-soo. Mok built his

Foreign investors sold 207.9 trillion won in the Korean stock market through September 23, recording net selling in all months except April. September alone saw 12.3 trillion won in net selling through September 23, according to Korea Exchange (KRX) and Nexttrade (NXT) integrated trading data

Hanmi Pharmaceutical appointed Ahn Jong-gyun, former vice president of Mirae Asset Securities, as chief risk officer (CRO) on September 27. The pharmaceutical company created the industry's first CRO position amid growing market concerns over the recovery of approximately 1 billion won in

CORE token declined 36.56% in one hour to a price of $0.473741. The token had reached a high of $0.746738 earlier in the same day before the decline occurred. Trading volume during this period was $3,072.75, with the broader cryptocurrency market showing mixed signals across major assets. CORE

A씨, the former CEO of EcoproHN, a subsidiary of Ecoprobo, had his conviction for insider trading upheld by the Supreme Court recently, with a sentence of 1 year and 6 months imprisonment and a fine of 1.5 billion won confirmed. Between June 29 and July 15, 2021, A씨 purchased shares before EcoproHN's

Park Byung-chang, representative of MP Partners, analyzed October Korean stock market prospects on the 23rd during an appearance on YouTube channel '삼프로TV 3PROTV,' which has 3.04 million subscribers. Park stated that domestic semiconductor stocks may show relative strength following recent gains in

zkSync highlighted a proposed solution to what the organization calls the haystack problem, emphasizing that effective fixes require more than simply adding resources. The announcement was shared via the company's official Twitter account and focuses on addressing complexities within decentralized f

ONE coin surged 10.85% within 60 minutes to reach $0.002534. The price climbed from $0.002286 during this period, with trading volume reaching approximately $5.68 million in the last 24 hours. The surge reflects a 13.07% gain over 24 hours, with the day's high at $0.002534 and low at $0.00209. ONE

Samsung Electronics and SK Hynix are targeting key price milestones of 300,000 won and 2 million won respectively as Korean stock markets reopen today following the Chuseok holiday. Samsung closed at 285,500 won on 23rd after a 7-day winning streak, while SK Hynix reached 1,862,000 won. The rally

GRT token surged 10.06% in the last hour, reaching a current price of $0.03248. The rapid price movement indicates heightened trader interest amid volatile market conditions. This hourly surge follows a 24-hour increase of 17.55%, with trading volumes exceeding $3 million, reflecting robust upward m

Korea Exchange and securities firms display different closing prices for the same Korean stocks since the 14th when after-market trading launched. On the 22nd, Samsung Electronics closing price appeared as 276,500 won on the Korea Exchange website but 277,500 won on securities firm HTS platforms and

Meta announced its new AI agent Muse at the company's annual Connect event, where CEO Mark Zuckerberg emphasized plans to integrate AI features across Facebook's parent company platforms. The announcement positioned Meta's consumer-focused AI strategy against competitors OpenAI and Anthropic,

South Korean stock market participants are watching whether the KOSPI can maintain its recovery above the 7000 level achieved last week. The index closed at 7080.92 on Sept 23, up 2.71% from the previous week-end, while the KOSDAQ rose 2.10% to 844.48, driven by gains in large-cap semiconductor stoc