Gate Cryptocurrency News and Market Analysis

NH Investment & Securities expanded its stock compensation services through a partnership with Quotalab platform, providing integrated management for RSU (Restricted Stock Units) and RSA (Restricted Stock Awards). From January through approximately 7 months, the firm delivered 70 billion won in stoc

Crypto asset management firm Bitwise announced on September 29 that the Bitwise NEAR ETF had officially begun trading on the New York Stock Exchange (NYSE Arca), making it the first spot NEAR exchange-traded product (ETP) in the U.S. market. NRR has an expense ratio of 0.75% and includes staking functionality operated by Bitwise’s in-house institutional-grade staking team. NRR’s Product Structure: 0.75% Expense Ratio, Staking by Bitwise’s In-House Institutional-Grade Team, 5% Annualized Target N

Seoul foreign exchange market dealers forecast downward pressure on the USD-KRW exchange rate in the 1,350 won range on September 30. The outlook reflects quarter-end corporate hedging flows expected to weigh on the dollar-won pair, combined with dovish remarks from New York Federal Reserve

Blockchain.com is discussing a United States initial public offering that could raise approximately $500 million, according to Bloomberg citing people familiar with the plans. The crypto company is targeting a valuation range of $4 billion to $6 billion in the potential offering. The move

Semiconductor equipment stocks rose on the Korean stock market on September 30, with Jusung Engineering climbing 3.38% to 229,500 won as of 10:11 AM, overtaking Ecopro BM to claim the 3 market capitalization position on KOSDAQ at approximately 10.66 trillion won. The gains followed strong

Hana Bank issued a $100 million digital bond via Euroclear's Digital Financial Market Infrastructure (D-FMI) with Citi serving as the issuing and paying agent (IPA), marking the first time a Korean bank has issued a foreign currency bond through Euroclear D-FMI with same-day (T+0) settlement. The tr

OpenAI is seeking at least $30 billion in financing at a valuation close to $1.4 trillion. Negotiations remain at an early stage, and the terms may change before a final agreement is reached. This follows the completion of $122 billion in committed financing at an $852 billion valuation in March. CEO Sam Altman recently ruled out the possibility of an IPO in 2026, citing concerns about the pace and safety of AI development. Financing Size and Valuation: OpenAI Seeks $30 Billion, a Significant In

Nobel Prize-winning economist Paul Krugman criticized US Treasury Secretary Scott Bessent on the 29th (local time) in a blog post titled 'The Beclowning of Scott Bessent,' attributing recent surges in US long-term bond yields to prolonged Middle East warfare and oil price-driven inflation. Krugman s

Sooho.io, a digital-asset financial infrastructure firm, hosted the Seoul Digital Money Summit on Sept. 30 and unveiled a strategy to connect with global financial networks. The event aimed to address rising corporate demand for digital asset transactions and simplify connections across multiple

Oracle company RedStone and blockchain platform Kaia published a report titled 'The Seoul Standard' on the 29th, revealing that Korea has experienced 18 consecutive months of stablecoin net outflows totaling $10.4 billion (approximately 14 trillion won). The outflows have persisted since the

According to on-chain data monitoring on September 30, renowned Taiwanese entertainer Machi Big Brother (Huang Licheng) had fully closed his PUMP long positions on the Hyperliquid decentralized trading platform, ultimately realizing a profit of approximately $827,000. The account (address beginning with “0x020ca”) still holds three long positions, including a 25x leveraged ETH long with an unrealized profit of $278,000. The three positions have a combined net unrealized loss of approximately $1.

French government bonds came under renewed pressure on September 29 (local time) as the 10-year yield spread over German bunds widened to 117.86 basis points—the highest level since May 2012 during the eurozone fiscal crisis—amid escalating political conflict over the next year's budget. The French

US Bank Asset Management's chief investment strategist Rob Haworth stated on September 29 (local time) that investors need not fear US Treasury yields rising above 5%, as the increase reflects strong economic growth rather than underlying problems. According to Business Insider, Haworth explained th

Bitcoin was at $83,446 on Sept. 30, continuing to trade within a range. The U.S. Bureau of Labor Statistics (BLS) released its August Job Openings and Labor Turnover Survey (JOLTS), which showed approximately 7.1 million nonfarm job openings (exactly 7,079 thousand). Overall conditions remained stable, with no sharp cooling. According to CME Group estimates, the probability of another FED rate hike at its October meeting remains above 50%. BLS August JOLTS Data: 7.1 Million Nonfarm Job Openings;

Bonanza Factory, a virtual asset compliance company, has expanded its investigative cooperation system connecting domestic Korean law enforcement agencies with overseas virtual asset service providers (VASPs), processing approximately 650 virtual asset-related investigation cooperation requests

Nine Korean bond market experts surveyed by Yonhap Infomax forecast October government bond yields will remain downwardly rigid, with 3-year bonds at 4.07% and 10-year bonds at 4.49%. The consensus reflects concerns over potential Bank of Korea rate hikes and sustained high oil prices. Brent crude f

Australia's central bank raised its policy rate to 4.60% on September 29, marking the fourth hike this year and reaching a 15-year high, while RBA Governor Michelle Bullock signaled that further rate increases may no longer be necessary. The dovish tone prompted Korean bond market participants to re

On September 30, the Seoul bond market is expected to move while monitoring foreign investors' treasury futures trading amid bearish positioning and cautious outlook on favorable indicators. International oil prices fell on news of Saudi Arabia's oil export normalization, with state-owned Saudi