Gate Cryptocurrency News and Market Analysis

Reserve Bank of Australia (RBA) Governor Michele Bullock stated on May 22 (local time) that monetary policy must focus on keeping inflation expectations stable. Speaking at an event hosted by the Committee for Economic Development of Australia (CEDA), Bullock emphasized the need to minimize

A-Route announced on the 22nd that it completed an actual international trade payment using its proprietary stablecoin through its digital finance platform FORTA. The company utilized a USD-pegged stablecoin on the FORTA network to transmit trade payment to its global logistics partner ES

Australian Treasury published its 40-year Intergenerational Report on Monday, identifying artificial intelligence as one of five major economic transitions while omitting any mention of cryptocurrency. The report described agentic AI systems as having become significantly more capable and

Stanley Druckenmiller, chairman of Duquesne Family Office, visited Seoul on the 22nd and met with executives from Doosan and Doosan Enerbility, according to the financial investment industry. The legendary Wall Street investor, known for his macroeconomic investment approach, is reportedly

KOSDAQ-listed companies executed 220 stock consolidation decisions this year through an unspecified date, 14.7 times the 15 companies that consolidated during the entire previous year, according to a report by Ahn Yu-mi, senior researcher at the Capital Market Institute. The surge followed

Wavebridge announced on the 22nd that it will host an institutional-only conference 'Bridge Seoul 2026' on the 1st of next month at GLAD Hotel Yeouido in Seoul. The conference theme is 'Institutional Onchain Rails, Now Live,' reflecting the ongoing migration of institutional assets onto blockchain i

Min Byung-duk, senior vice-chairman of the Democratic Party's policy committee, proposed on the 22nd to delay South Korea's cryptocurrency taxation until after passage of the Digital Asset Basic Act. Min stated on Facebook that fair tax collection infrastructure must be established before

Kim Hak-gyun, Research Center Director at Shinhan Investment & Securities, spoke at a seminar held at the Korea Exchange on the 22nd, explaining that market interest rates have not risen sharply despite recent US FOMC rate hikes because the Federal Reserve is now retrospectively endorsing rate

Novo Nordisk stocks fell approximately 8% on Monday after its Capital Markets Day failed to convince investors. Shares of smaller obesity drugmakers Viking Therapeutics, Structure Therapeutics, and Altimmune rose as Novo announced it could pursue larger acquisitions and targets more than five

Shares of SpaceX (SPCX) climbed 1% overnight heading into Tuesday as Morgan Stanley spotlighted the company's growing Physical AI links with Tesla, while Grok 4.7's launch earned Elon Musk rare praise for effectively delivering on time. SPCX stock fell nearly 1% on Monday, logging its second

DS Asset Management's first exchange-traded fund (ETF), DS KOSDAQ Active, recorded an 18.18% return over one month as of the 21st closing price, outperforming the KODEX KOSDAQ150's 1.16% return by 17.02 percentage points. The ETF, launched on July 14, employs a stock selection strategy that

Dunamu will host the Upbit Institutional Summit (UIS) on May 29 at Grand Walkerhill Seoul, convening global policy authorities, institutional investors, financial companies, and digital asset industry leaders. The summit will discuss the institutionalization of digital asset markets and the

Hyundai AutoEver stocks surged during early trading on the 22nd, driven by investor expectations that the company will benefit from artificial intelligence data center demand. As of 11:15 AM, Hyundai AutoEver traded at 391,500 won, up 8.45% from the previous trading day, according to Korea

FlexSystem submitted a KOSDAQ listing preliminary review application to the Korea Exchange on the 22nd, with Daishin Securities serving as the lead underwriter. The submission came two months after the company passed its technology evaluation in July. Founded in 2001, FlexSystem operates in the

South Korean President Lee Jae-myung proposed on the 22nd (local time) trading sanctions relief for North Korea's halt to additional nuclear weapons and ICBM development. Lee told The New York Times that 'a deal exchanging sanctions that are not very effective anyway for a halt to further nuclear we

Kim Hak-gyun, Research Center Director at Shinyoung Securities, stated at a Korea Exchange seminar on the 22nd that the current direction of interest rates is determined by the White House rather than the US Federal Reserve. Kim explained that the recent 0.25 percentage point rate hike by the Fed in

Individual investors sold 1.8159 trillion won worth of stocks on the 22nd as the KOSPI retreated to the 7000 level after briefly recovering above 7100 for the first time in 9 trading days. The selling pressure stems from investor fatigue with the prolonged box-range market pattern, with individual i

Ruchir Sharma, Chairman of Rockefeller International, published an op-ed in the Financial Times on the 21st (local time) warning that extreme stock market volatility is damaging Korea's national brand. KOSPI opened at 7161.61, up 2.20%, on the morning of the 22nd at Hana Bank headquarters in

Korean airline stocks rallied on the 22nd at 1:24 PM, with Korean Air rising 7.28% and Asiana Airlines gaining 7.40%, driven by international oil prices falling over 4% to around $95 per barrel. The decline followed remarks by US President Donald Trump about a possible summit with Iran's president a

DSRV announced on the 22nd a strategic partnership with Alchemy to expand blockchain data infrastructure across Asia, starting with Korea and Japan. The collaboration integrates Alchemy's blockchain infrastructure into DSRV's RPC node service 'All That Node' to support growing demand for on-chain