Gate Cryptocurrency News and Market Analysis

South Korean gold investors experienced significant losses as gold banking balances at three major banks dropped 31.6% from 2.4 trillion won at January end to 1.6 trillion won on September 30. The decline followed a 27.7% drop in KRX gold spot prices, which closed at 182,940 won per gram on Septembe

A virtual fruit fly brain reduced cryptocurrency trading frequency by 87.5% after researchers applied dopamine-based reward and penalty signals to Bitcoin transactions during an experiment conducted from July 1 to September 22, 2025. The simulated brain, modeled on publicly available fruit fly

AmorePacific, once South Korea's leading cosmetics stock, is returning to growth after years of underperformance, with operating profit projected to increase 46% from a 2021 low of 140.1 billion won. The recovery is driven by structural diversification away from China toward the Americas and

Hana Tour and Mode Tour are experiencing a second consecutive year of declining performance due to sustained high oil prices. Hana Securities analyst Lee Ki-hoon downgraded Hana Tour's target stock price to 48,000 KRW, a 9% reduction, while projecting the company's package travelers will

SK Hynix stocks traded at a 40% premium in the United States compared to South Korea on '지난 2일', with the company's American Depositary Shares (ADS) closing at $195.13 on Nasdaq while domestic shares ended at 1,842,000 won. The price gap emerged because US investors actively purchased SK Hynix as a

SEC Commissioner Hester Peirce recently advocated for financial privacy as a default right during an interview with Scott Melker. She argued that individuals should have the right to protect their financial information in transactions. Her statements come as the SEC navigates the balance between

U.S. Treasury Secretary Scott Bessent warned artificial intelligence executives in an Axios interview published on October 4 not to stoke excessive fear about AI dangers without offering solutions. Bessent criticized parts of the AI industry for presenting only crisis narratives, stating that such a

Semiconductor materials, components, and equipment stocks outperformed Samsung Electronics and SK Hynix during September, as AI investment expansion increased memory demand and triggered expectations of equipment investment growth among major chip manufacturers. Funds flowed rapidly into materials/c

Federal Reserve officials John Williams and Philip Jefferson signaled a slower pace of interest-rate increases in late September and early October, as softer-than-expected inflation data prompted markets to reduce expectations for an October rate hike. Williams, president of the Federal Reserve

South Korea's export economy showed record performance in September with $120.94 billion in exports, marking an 83.5% year-over-year increase, according to the Ministry of Trade, Industry and Energy reported on the 4th. The surge was driven primarily by AI-related sectors, with semiconductors

Michael Saylor, a prominent advocate in the cryptocurrency space, tweeted about Digital Credit built on Bitcoin. The tweet, which can be accessed via the provided source link, has generated significant community engagement. Saylor's statement emphasizes Bitcoin's potential role as a foundational

South Korean crypto investors and exchanges face a 22% income tax starting January next year, as transaction volumes fell 44% and exchange operating profits dropped 78% in the first half, according to a survey by the Financial Intelligence Unit (FIU) and Financial Supervisory Service (FSS). The tax

Korean nuclear power companies are positioned to participate in a large-scale US investment framework following government agreements on nuclear plant construction. NH Investment & Securities analyst Lee Min-jae stated that domestic company participation in Westinghouse's AP1000 units among the 8 la

DFI token experienced a sharp decline of 13.85% in just five minutes today, dropping from $0.00065135 to $0.00056114. The rapid price movement occurred amid significant selling pressure and thin market liquidity, with a 24-hour trading volume of only $610.72 against a market cap of $517,455. This st

South Korea's National Pension Service (NPS) reduced its stakes in Samsung Securities, Mirae Asset Securities, and Kiwoom Securities by over 1 percentage point each, according to mass shareholding reports submitted on the 3rd. The pension fund decreased Samsung Securities holdings from 13.41% to 12.

South Korea's token securities infrastructure restricts transfers between distributed ledgers after issuance, according to guidelines from the Financial Services Commission policy direction released last month. The restrictions prevent duplicate recording of securities across multiple ledgers and en

Elice Group will conduct a public IPO subscription on October 7 and 8. The AI full-stack company completed institutional demand forecasting from the 23rd of last month to the 1st of this month, with an offering price band set at 70,400-90,500 won. Mirae Asset Securities serves as the lead

OKEX, a major cryptocurrency exchange, transferred 684 BTC valued at approximately $58 million to an unknown wallet. The transaction was flagged by social media account @whale_alert, which monitors large cryptocurrency

Over 20 companies are preparing initial public offerings (IPOs) in South Korea's fourth quarter as securities firms compete for underwriting mandates. Daishin Securities is underwriting semiconductor equipment maker Melcon while Mirae Asset Securities handles Elice Group's offering targeting a 1

Korean brokerage stocks experienced a sharp decline in the second half after leading the KOSPI rally in the first half. The KRX Securities Index closed at 1790.06 on the 2nd, marking an 18.02% cumulative decline (393.60 points) in the second half. The downturn was driven by a 42% drop in