Gate Cryptocurrency News and Market Analysis

Samsung Asset Management's Lim Tae-hyuk forecasted KOSPI support at 6500-7000 in a Seoul Economic Daily interview on the 6th. Lim, executive director of the ETF division, predicted the KOSPI could reach 10,000 in the second half, stating sufficient upside potential exists as Korean market

Meritz Securities selected girl group RESCENE as the advertising model for its new trading platform MOUM, which launched on the 1st, according to financial investment industry sources on the 6th. The move aims to attract young individual investors through the new platform launch. Securities firms

SpaceX stock closed at 147.95 USD on May 4 (local time) on the New York Stock Exchange, nearing the 150 USD initial public offering price and approaching a 2 trillion USD market capitalization recapture. The stock has been recovering since hitting a low of 108.27 USD on May 5 following its first ear

Korean retirement pension investors face automatic ETF purchase failures due to the 70% risky asset investment cap imposed on Individual Retirement Pension (IRP) and Defined Contribution (DC) accounts. Mr. Cho, an investor in his 40s, received text messages for two consecutive months notifying him t

Norway's central bank investment arm NBIM and California Public Employees' Retirement System (CalPERS) announced support for MBK Partners' audit committee candidate at Korea Zinc's extraordinary shareholders meeting scheduled for the 9th. The institutions backed Park Yu-kyung, former head of APG

The European Central Bank, Bank of Japan, and US Federal Reserve face critical policy decisions in the week of the 7th to 11th, with the ECB meeting on the 10th widely expected to deliver its second rate hike of the year and the Fed's September 15th-16th FOMC meeting outcome hinging on US August con

Korean airline stocks posted gains ranging from 7.77% to 12.27% over the recent one month as the Korean won strengthened sharply against the US dollar. Korean Air rose 12.27%, Jin Air climbed 12.25%, Asiana Airlines increased 11.76%, and Jeju Air advanced 7.77% during this period, according to Korea

Orionx, a Chile-based cryptocurrency exchange founded in 2017 with over 100,000 registered users, halted withdrawals and is shutting down operations after a forensic audit revealed a $7 million financial shortfall. The audit detected transactions moving funds to wallets outside the company's

US Treasury market participants will focus on August Consumer Price Index (CPI) data during the week of September 7-11, with the release scheduled for the final trading day. The CPI report holds significant weight as the Federal Reserve entered its blackout period on September 5, leaving market part

SpaceX rejoined the $2 trillion market cap club on May 4 (local time) as investor sentiment strengthened around the company's artificial intelligence business prospects. The stock closed at $147.95, down 1.2% from the previous trading day, but touched $150 during the session, marking approximately a

South Korea's target date fund market surpassed 18 trillion won as of the 4th, driven by the retirement pension market reaching 550 trillion won, but major asset managers controlling 78% market share delivered below-average returns in key vintage categories. Smaller firms with 3% market share, led b

Lululemon stocks fell 17.38% to $100.61 on local time, marking the lowest price since 2018. The premium leggings company reported negative quarterly growth with a 4% year-over-year revenue decrease and an 11% drop in net profit for the May-July period. The stock has declined 51% year-to-date and

Kyobo AXA Asset Management will vote on a name change to Kyobo Asset Management at a shareholder meeting on September 22, with registration expected to be completed by early October. The rebranding follows Kyobo Life's acquisition last month of BNP Paribas Asset Management Holdings' 50% stake

South Korea's exchange-traded fund market, which has grown to a 500 trillion won scale, is undergoing product turnover as low-efficiency ETFs face delisting while similar products continue launching in hot themes. According to Korea Exchange data, ETF delistings surged from 14 in 2023 to 51 in 2024,

Ahead of the US midterm elections, political friction over artificial intelligence (AI) data center regulations is intensifying, but securities analysts predict companies that have secured power and land resources will see increased investment appeal after the election. NH Investment & Securities re

Goldman Sachs forecasts global stocks will rise 5-9% over the next 12 months, a slower pace than the previous year's gains, according to Peter Oppenheimer, the firm's Chief Global Equity Strategist, in an interview with Opening Bid on local time May 5. Oppenheimer stated investors have already

TARA surged 20.55% in 15 minutes, reaching $0.0000305, according to market data. The rapid price movement occurred against a backdrop of $63,631 in 24-hour trading volume and a market cap of $186,305. The surge followed an intraday low of $0.00001205, contrasting with a broader 24-hour decline of 10

Eleven AI models predicted Bitcoin's year-end 2026 price this week, with forecasts ranging from $84,500 to $105,480, after Bitcoin climbed back to $82,000 following a dip to $76,200 on Sept. 2, 2026. The predictions come amid renewed positive sentiment in the crypto community after a prolonged

ZEC surged 10.6% over the past hour to $1,183.7, rising from $1,070.26. The rapid price increase reflects a shift in market sentiment and heightened buying interest in the privacy-focused cryptocurrency. This movement comes as the broader cryptocurrency market exhibits mixed signals across major

Policy discord among US President Donald Trump, Treasury Secretary Scott Bessent, and Fed Chair Kevin Warsh has emerged as a key factor driving US Treasury yields to multi-decade highs, according to a September 6 report by iM Securities. US