Gate Cryptocurrency News and Market Analysis

OGN cryptocurrency fell 13.02% in one hour, bringing the price down to $0.04149. The drop occurred after OGN had surged over 81% in the past 24 hours, with trading volume nearing $56.91 million. The rapid price change reflects a shift in market sentiment amid volatility in the broader cryptocurrency

Barclays launched coverage of the U.S. aerospace and defense sector with an optimistic outlook, led by analyst Anthony Valentini, assigning Overweight ratings to six major companies: Boeing, SpaceX, RTX, Rocket Lab, Palantir Technologies, and Kratos Defense & Security Solutions. The investment

Kwon Dae-young joined the Ministry of Finance and Economy as 1st Vice Minister, immediately following a National Assembly audit and receiving briefings from relevant departments. The appointment places Kwon in charge of economic policy, tax systems, and livelihood economy — areas at the forefront of

Arthur Hayes, CEO of Flop Labs and CIO of Maelstrom, said on October 8 he remains bullish on the cryptocurrency market despite concerns that artificial intelligence could threaten encryption technology. Hayes argued that an expansion in money supply will push prices higher, citing historical

Bitwise Chief Executive Officer Hunter Horsley called the failure of the firm's spot Dogecoin ETF tragic, according to an Oct. 8 report by The Block covering his remarks at Digital Asset Summit 2026 Asia. The Bitwise Dogecoin ETF (BWOW), which listed on NYSE Arca in November last year, is now

The Korean won maintained relative strength against the Japanese yen despite a global dollar rally, with the JPY-KRW exchange rate falling to 844.04 won per 100 yen on the 7th, marking its lowest level since January 2008, according to Yonhap Infomax. The exchange rate dropped over 120 won in three m

The yield spread between South Korean and Japanese 10-year government bonds narrowed significantly over approximately one month, shrinking from 156.23 basis points on the 11th of last month to 130.42bp on the previous day, according to bond market data. The 26bp reduction reflects Japanese governmen

Nasdaq CEO Adena Friedman stated on Thursday, Oct. 8, 2026, at the TOKEN2049 conference in Singapore that tokenization could free up tens of billions of dollars in capital tied up in collateral across the global financial system. Friedman attributed growing institutional interest in tokenization to

Binance launched a P2P merchant referral campaign Thursday offering 50 USDT rewards to expand its merchant network across approximately 20 African markets. The campaign runs from October 8 through November 7, with both referrers and qualifying new merchants eligible to earn 50 USDT each. The

On Monday, October 5, rules came into force in Russia allowing crypto market participants to submit documents to obtain licenses. According to the Bank of Russia, the first regulated intermediaries for cryptocurrency transactions could emerge as early as the following day, thanks to a simplified licensing process for brokers, banks, and information system operators already operating in the traditional financial market. Vladimir Chistyukhin, First Deputy Chairman of the Bank of Russia, said at th

The USD-KRW exchange rate rose to the mid-1,340 won range, driven by custody dollar buying, rising international oil prices, and global dollar strength. At 6 AM, the rate traded at 1,344.00 won, up 5.50 won from the previous Seoul trading day close of 1,338.50 won. The increase occurred despite a la

Circle minted approximately $750 million USDC on the Solana blockchain in the last 24 hours, according to influencer @SolanaFloor. The minting activity represents Circle's support for Solana's ecosystem. Solana is a high-performance blockchain designed for decentralized applications and crypto

Brian Smith, President of Jito, recently shared insights on Solana's trading capabilities, highlighting a 50% reduction in block times to 200 milliseconds. The technical enhancement aims to improve the platform's speed and efficiency in transaction processing. Smith noted the improvements are

Origin Protocol (OGN) surged over 100% across Korean cryptocurrency exchanges on the morning of October 9, while MINA Protocol experienced double-digit declines on the same trading day. OGN gained +107.56% on Bithumb and +142.31% on Coinone, closing at 64.28 KRW and 66.2 KRW respectively, while

Korean government bond futures rose in overnight trading on October 9, driven by strength in US Treasuries. The 3-year KTB futures contract closed 16 ticks higher at 102.66, while the 10-year contract gained 51 ticks to finish at 104.91. The rally followed declines in US Treasury yields, with the 10

NEAR Protocol introduced NEAR Intents, an initiative described by co-founder ilblackdragon as a 'market of markets.' The project aims to reshape how markets operate within the crypto ecosystem by enhancing interactions and trading strategies. This initiative reflects broader trends in

Global institutional investors reduced risk appetite in September as State Street's risk preference index fell to -0.18 from 0.36 in August, marking the lowest level since the Iran war outbreak in March. Foreign capital inflows into Korean stocks ranked among the weakest in emerging markets during t

The Bank of Korea, Financial Services Commission, and Financial Supervisory Service released their weekly operational schedules for October 12-16. Bank of Korea Governor Shin Hyun-song will undergo a parliamentary audit on October 12 at 10:00 and depart at 12:00 to attend the G20 Finance Ministers a

Hyperscale Data announced Thursday that Ault Markets has opened invite-only access to a decentralized exchange operating in beta on the Ault Blockchain. The publicly traded data-center company says the platform follows a decentralized model in which listing decisions and trading are not controlled b

US President Donald Trump stated on Truth Social that the United States will not attack Iran before the November 3 mid-term elections, triggering mixed reactions across financial markets. Trump wrote that the US is engaged in productive discussions with Iran and emphasized that no military action wi