Gate Cryptocurrency News and Market Analysis

SK Ecoplant sold its entire 35.62% stake in SK Ocean Plant to the Docean consortium for approximately 410 billion won, Korea Ratings reported on September 1. The credit rating agency estimates the transaction will reduce SK Ecoplant's net debt from approximately 3.9 trillion won to 3.3 trillion won

Cango Inc. reported Q2 2026 financial results on June 30, 2026, showing total revenue of US$50.8 million and a net loss of US$81.6 million. The New York-listed company (NYSE: CANG) generated US$47.4 million from Bitcoin mining operations during the quarter. The net loss was primarily driven by non-c

Retail investors in South Korea's KOSDAQ market net purchased 2.1582 trillion won in August, reversing their selling trend from June and July. Foreign investors net sold 1.8413 trillion won during the same period, shifting from net buying in the previous two months. The retail buying surge

Korea Exchange (KRX) will launch its after-market trading session (4-8 PM) on the 14th, but exchange-traded funds (ETFs) and exchange-traded notes (ETNs) will be excluded from trading. Securities firms that pre-notified millions of customers one month prior now face potential fines because their not

US stock futures declined in early Tuesday trading as investors began September cautiously after a strong August performance. As of 4:30 a.m. ET, Nasdaq futures were down 0.6%, while S&P 500, Dow and Russell 2000 futures fell 0.3%. Rising oil prices and Treasury yields revived concerns about

Korea's banking stocks rose 3.38% over a two-week period ending September 1 as interest rate increases by the Bank of Korea and anticipated Federal Reserve tightening boosted expectations for higher net interest margins, while semiconductor stocks remained range-bound. The Bank of Korea raised its b

Crypto.com launched AI Predictions Market Contracts, allowing traders to wager on AI adoption metrics across various sectors. The initiative, announced on Twitter by Crypto.com, aims to provide insights into how rapidly artificial intelligence is reshaping the economy. In partnership with OG_com

Micron Technology trades at approximately 6 times forward price-to-earnings ratio, ranking as the third-lowest valuation in the S&P 500 index despite the stock surging more than threefold this year, CNBC reported on the 31st local time. This valuation discount reflects the memory semiconductor

Dell Technologies and Hewlett Packard Enterprise report quarterly earnings this week, with Dell scheduled for Tuesday and HPE for Wednesday, offering a key test for the AI server market. The reports come as Dell's record $51.3 billion AI-server backlog and HPE's AI infrastructure expansion have

Telegram initiated the rollout of its native non-custodial Gram Wallet to a select group of users on September 01, 2026, marking the first stage of a deployment targeting the messaging platform's billion-plus global user base. Telegram founder Pavel Durov announced the development on his personal

SK Innovation's stocks closed at 135,300 won, rising 9,800 won (7.81%) and marking the fourth consecutive day of gains, according to Korea Exchange data. The stock has climbed 54.3% from its 52-week low of 87,700 won recorded on June 26, reaching the highest closing level since May 7. The rally

FIO cryptocurrency dropped 10.95% in 60 minutes to $0.000408. The decline follows a 24-hour gain exceeding 20%, with trading volumes reaching $79,763. The cryptocurrency earlier peaked at $0.00074978 before the rapid decline. Broader cryptocurrency market conditions show mixed signals as traders