Gate Cryptocurrency News and Market Analysis

Act, a minority shareholder group, demanded on the 1st that SK Hynix reconsider the potential US IPO of its US granddaughter company Solidigm, citing concerns that the listing could erode parent company shareholder value, according to a report by Hankyung.com on the 1st. The demand follows a

ARK coin surged 10.19% in 15 minutes, climbing from $0.2394 to $0.2638. The rapid price movement reflects strong market interest, supported by a 24-hour trading volume of approximately $42.45 million. The broader crypto market is exhibiting mixed signals, yet ARK's price action stands out amid

Kraken executed a transfer of 1,611 BTC to an unknown wallet, valued at approximately $134.6 million, according to a tweet by CryptoTwitter commentator @whale_alert. No immediate catalyst was reported for the transaction, which appears to be part of routine trading activity. Such large movements

MetaMask reported a security incident impacting its infrastructure. As a precautionary measure, the platform is exiting affected staking validators, though it states there is no immediate threat to MetaMask wallets. The incident highlights ongoing security vulnerabilities in the cryptocurrency

Oil prices held steady near $90 a barrel on October 30 as Middle East crude supply recovered to near prewar levels, with West Texas Intermediate trading around $90 after a 1.2% gain in the previous session and Brent futures settling near $98. The supply rebound occurred through alternative export ro

Korean stocks opened lower on the 1st as foreign and institutional investors sold heavily despite individual buying. The KOSPI fell 47.75 points (0.70%) to 6,790.29 as of 9:04 AM, driven by foreign net selling of 320.5 billion won and institutional net selling of 105.6 billion won in the

Korea Investment & Securities lowered its target price for Hotel Shilla to 63,000 won, a 13.7% reduction from the previous target, while maintaining a 'buy' investment rating. The brokerage estimates Hotel Shilla's Q3 consolidated revenue at 961.4 billion won and operating profit at 54 billion won,

Shinhan Asset Management announced on the 1st that it paid 170 won per share as the September monthly distribution for the 'SOL 200 Target Weekly Covered Call' exchange-traded fund (ETF). The monthly distribution rate was 1.43% based on the closing price on the 28th of last month, the day before the

Saemaul Geumgo credit union units experiencing full capital erosion increased to 34 as of June 2026, up from 20 at the end of 2025, as 22 newly insolvent units in the first half of 2026 exceeded the 21 units resolved through mergers during the same period. The net increase occurred despite the Saema

South Korea's Financial Services Commission recently commissioned research to establish a regulatory framework for AI agents selling financial products. The initiative responds to concerns that AI systems capable of autonomous decision-making and execution could significantly influence consumer fina

Ze Atalaya, Head of Ecosystem at Verona, stated in a recent interview with Maeil Business Newspaper that blockchain can verify whether the humans behind AI agents are qualified and legitimate individuals. Atalaya explained that as AI agents increasingly act as intermediaries between people, the

DSRV signed a tripartite memorandum of understanding with NICE Information & Communication and Japan's SBI DigiTrust on last month 30th to jointly verify Korea-Japan stablecoin remittance and payment systems. The verification focuses on a scenario where Japanese users make QR code payments at NICE I

Samsung Electronics' high bandwidth memory (HBM) sales prices are forecast to rise more than 100% in 2027 compared to 2026, according to a KB Securities report released on January 1. The price surge is driven by HBM4's sales proportion expanding from 40% in 2026 to 80% in 2027, as analyzed by Kim

Capricor Therapeutics (CAPR) stock rose 10.5% on Wednesday as 24-month follow-up data from the HOPE-3 trial on deramiocel, the company's intravenous cell therapy for Duchenne muscular dystrophy, circulated as a poster at the World Muscle Society congress in Hiroshima. The company is scheduled to

US economic agencies will release key September data on Oct. 1 (Thu.), including weekly jobless claims at 10:30 p.m. Korea Standard Time, the S&P Global Manufacturing PMI at 10:45 p.m. KST, and the ISM Manufacturing PMI at 11 p.m. KST. Eight Federal Reserve officials are scheduled to deliver

Samsung Electronics and SK Hynix are forecast to achieve combined Q3 operating profits approaching 190 trillion won, according to Oct 1 data from financial information provider FnGuide. Samsung's Q3 operating profit consensus stands at 110.2803 trillion won, an 806% increase year-over-year and 23%

Hyundai Mobis approved the physical division of its lamp business unit at an extraordinary board meeting on the previous day, with plans to sell 100% of the separated entity to France's OP Mobility, according to a disclosure on 1st. Korea Investment & Securities maintained a 'Buy' rating

Elliott Management announced on local time May 30 that an arbitration panel reaffirmed South Korea's liability in a merger dispute. The panel set the damage award at approximately $113 million including compensation, interest, and legal costs. The ruling stems from government intervention in the 201

Mediana (041920), a Korean medical device manufacturer, is expanding its patient monitoring business by integrating wearable electrocardiogram (ECG) devices with existing wired patient monitoring equipment, according to a report released by the Korea IR Council Corporate Research Center. As of the e

Lee Hyung-il, South Korea's Deputy Prime Minister and Minister of Finance and Economy, chaired his first emergency economic headquarters meeting combined with an economic ministers' meeting on October 1st at the Government Complex-Seoul. He stated that despite difficult external conditions