Gate Cryptocurrency News and Market Analysis

South Korea's People Power Party lawmakers accused the Prime Minister's Office of granting regulatory favoritism to Naver during enforcement decree amendments to the Special Financial Information Act on October 13. Park Dae-chul questioned Minister Lim Ki-geun at a National Assembly Policy

Meritz Securities signed a memorandum of understanding with the Canton Foundation on October 14 to cooperate on financial asset tokenization in South Korea and the use of blockchain infrastructure for institutional clients. The Canton Foundation operates the global blockchain network Canton

The CLARITY Act, a legislative proposal aimed at establishing clear cryptocurrency regulations, is currently stalled in the US Senate according to Congressman Patrick McHenry. The legislative delay occurs as political tensions escalate with elections approaching. McHenry attributes the stall to the

South Korea's Kospi reclaimed the 6,100 level early on October 14, rising 75.06 points or 1.24% to 6,110.41 as of 9:06 a.m., driven by bargain buying after five straight losing sessions. The rebound followed a more than 5% plunge in the previous session that triggered a sell-side sidecar in the

Hana Securities executives unified their KakaoTalk profile pictures on the 14th to promote the new mobile trading system '1Q V'. Dozens of senior managers including Research Center Head Hwang Seung-taek and PR Executive Gal Sang-myeon voluntarily adopted the brand image, reflecting marketing

Korea Electric Power Corporation and Hana Bank completed global bond issuances on the 14th, resuming Korean Paper offerings after a pause due to the mid-autumn festival holiday. KEPCO raised $400 million through a 3-year green bond, while Hana Bank secured $600 million via 3-year and 5-year

VF Corporation (NYS:VFC), parent company of global sneaker brand Vans, received a rating upgrade from investment bank Piper Sandler on October 13 (US local time). The firm raised its investment opinion from Neutral to Overweight and

Daol Investment & Securities market makers extended their working hours to support the KRX After Market, which marked its first month of operation following a September 14 launch. The securities firm's market making team now works until 8 PM twice weekly to maintain liquidity provision beyond

Hanmi Pharmaceutical's third-quarter results are projected to fall below market expectations, according to analyst assessments published on October 14. The underperformance stems from three factors: the deferral of a licensing payment for an obesity drug candidate from Q3 to Q4, continued weak perfo

Employees at the National Pension Service's investment management arm face no internal rules or compliance checks on cryptocurrency trading, Money Today reported on October 14. According to data submitted to Democratic Party lawmaker Heo Jong-sik, the fund management division has not established

Bank of America received over $1.2 billion in penalties from US federal regulators on the 13th for failing to timely report more than $5 billion in suspicious transactions over several years and not correcting chronic problems in its anti-money laundering systems. According to the US Treasury

Domino's Pizza (NYSE: DPZ) shares fell 4% on October 13 (local time) despite reporting third-quarter adjusted earnings per share of $4.60, beating Wall Street estimates of $4.36. The decline came after the company reported stagnant US same-store sales growth and lowered its full-year guidance.

KOSPI fell 13.8% over 5 consecutive trading days through Oct 13, marking the third-largest such decline in 20 years, according to Kiwoom Securities researcher Han Ji-young on Oct 14. The drop occurred without a single rebound session, closing at 6,035.35 on Oct 13, with KOSDAQ falling 1.43% to 837.0

South Korean Deputy Prime Minister and Minister of Finance Lee Hyung-il on October 14 announced the government will pursue dual objectives of economic growth and public welfare through service industry development. Lee stated the government requests parliamentary cooperation for the enactment of the

Grok AI, associated with Elon Musk, predicts Hyperliquid (HYPE) could reach $1,500 by January 1, 2027, according to a scenario analysis published on October 13, 2026. HYPE currently trades near $80-$82, meaning the prediction implies approximately 20x returns from current levels. The prediction

Tieshun Roquerre, an MIT dropout known as 'Pacman,' announced the shutdown of two crypto startups within weeks of each other in October 2026. Blur, an NFT marketplace, announced on Oct. 12 that it will shut down its website on Nov. 12, while Blast, an Ethereum layer-2 blockchain network, announced o

Microsoft Corp.'s Azure cloud business executives discussed strategies to cut expenses by at least 20%, according to a report by The Information citing people familiar with the matter. Girish Bablani, president of the Azure group that develops software for cloud servers, recently directed leaders in

Bitcoin attempted to break above $84,000 on Oct. 13 but faced resistance as a stronger U.S. dollar and rising Treasury yields dampened investor sentiment. The cryptocurrency rose to around $83,800 near the opening of the U.S. stock session, extending an earlier rebound, but gains were limited above