Gate Cryptocurrency News and Market Analysis

Filecoin launched Filecoin Pin, a new service designed to enhance security for IPFS file storage through consistent safety checks of audited storage providers. The service addresses data security concerns by automatically pausing payments to any provider that fails a scheduled security check,

Korean listed companies are projected to report Q3 net profit of 197.8 trillion won, a 214.1% increase year-over-year, with 96% of the profit growth coming from the information technology (IT) sector, according to an NH Investment & Securities report released on October 1 by researcher Kim

Micron reported record quarterly revenue of $54.23 billion for its fiscal fourth quarter (June–August), marking its highest-ever quarterly revenue driven by surging AI memory demand, according to a filing on local time the 30th. The figure represents a nearly fivefold increase year-over-year and a 3

POSCO International is projected to deliver Q3 results meeting market expectations, driven by rising international oil prices, according to a report from Hana Securities. Analyst Yu Jae-seon forecasts Q3 operating profit of 395.8 billion won, up 25.3% year-over-year, with revenue reaching 8.261

Hana Securities maintained a 'Buy' rating and 50,000 KRW target price for Netmarble Korean Stocks on the 1st. Analyst Lee Jun-ho stated that the current stock price is at historic lows due to disappointing performance of H1 2024 releases 'The Seven Deadly Sins: Origin' and 'Mongil: STARDIVE' and the

Hewlett Packard Enterprise (NYSE: HPE) stock closed at an all-time high on September 30, rising 3.90% to $63.89 after executives expressed optimism about AI demand and the company announced a $1.2 billion contract. CFO Marie Myers stated that demand continues to exceed supply in the AI

Michael Burry, the investor known for his role in 'The Big Short,' stated on X that a major market crash preventing OpenAI and Anthropic from going public would benefit humanity, according to a report by Business Insider on October 30 (local time). Burry argued the two AI companies would absorb and

The US dollar rose for a third consecutive trading day on September 30, supported by strong US economic growth data and rising Treasury yields amid climbing international oil prices. US August real personal consumption expenditure surged 0.6% month-over-month—a sharp acceleration from July's 0.1%

The European Central Bank published a working paper titled 'Inflation narratives and risk premia' on the 21st, analyzing how inflation perceptions affect inflation risk premium. The research gained attention as recent US-Iran war concerns heightened inflation worries and created upward pressure on g

Citigroup downgraded Moderna (NASDAQ: MRNA) stocks to a Sell rating following the biotech company's 223% surge since August 19, when positive Phase 3 melanoma vaccine trial results were announced. Citigroup analyst Jeff Meacham cited unsustainable valuation concerns, noting Moderna's

HNT surged 7.09% in 15 minutes, reaching a price of $0.504784 from a previous level of $0.471368. The rapid increase occurred amid mixed sentiment across the broader cryptocurrency market. Over the past hour, HNT demonstrated a 7.79% increase, while showing a 5.19% rise over 24 hours, with trading v

Crypto exchanges and traditional financial firms are converging across market infrastructure faster than their business models can adapt. Perpetual futures now reference equities and other traditional assets, with pre- and post-IPO perpetuals generating nearly $400 billion in cumulative volume and g

South Korea's trade surplus with the United States surged to over $67.4 billion through last month, exceeding last year's full-year surplus of approximately $49.5 billion, according to Minister of Trade, Industry and Energy Kim Jung-kwan during an October 22 briefing. The semiconductor boom drove th

Bitcoin is testing the $64,000 to $65,000 resistance range as sellers defend the upper boundary of this critical zone. Buyers have made multiple attempts to break through $65,000 but face strong resistance, leaving the market in a cautious stance. Traders are closely monitoring Fibonacci

South Korean Minister of Trade, Industry and Energy Kim Jung-kwan disclosed that the Texas gas combined-cycle power plant project, the first under the country's US investment initiative, is expected to achieve an internal rate of return (IRR) in the mid-15% range. Speaking at a parliamentary