Gate Cryptocurrency News and Market Analysis

Micron reported record quarterly revenue of $54.23 billion for Q4 FY2026, a 379% year-over-year increase that exceeded market estimates of $51 billion, triggering rallies in Korean semiconductor stocks. The US memory chipmaker's adjusted earnings per share of $33.42 also surpassed expectations,

Retail investors in South Korea concentrated purchases on US benchmark index ETFs during September while net selling Korean benchmark index and leveraged ETFs. The shift occurred as the KOSPI remained range-bound, prompting individual investors to redirect capital toward US market exposure through e

Individual Savings Accounts (ISA) in South Korea reached 10.05 million subscribers with total deposits of 76.5 trillion won as of end of August, according to Korea Financial Investment Association data. One in four Korean adults aged 19 and above now holds an ISA account, a milestone achieved

The U.S. Securities and Exchange Commission approved the listing of 3x leveraged exchange-traded funds on Bitcoin, Ether, gold, silver, crude oil, and natural gas, Bloomberg Intelligence senior ETF analyst Eric Balchunas reported in a post on X on Oct. 2. The approval follows a proposed rule change

BNP Paribas and Deutsche Bank presented insights on Chainlink's role in advancing financial technology at Sibos 2026, featuring Sergey Nazarov. The presentations focused on blockchain solutions for traditional banking. Financial institutions are exploring blockchain technology integration, with Chai

CME Group scrapped its plan to launch a 24-hour crude oil futures contract after facing opposition from key industry participants. Chief Executive Officer Terry Duffy said in a statement reported on October 2

Korean stock market analysts are assessing the impact of US Treasury yields reaching their highest level since 2002 on equity investment attractiveness following October 2 trading that saw the KOSPI close 0.46% higher at 7003.74. The yield surge has prompted securities firms to highlight

Korean government bond futures rose in overnight trading on October 3rd despite weakness in US Treasuries, according to the Seoul bond market. The 3-year bond futures closed 3 ticks higher at 102.67 compared to the previous day's regular session close, while the 10-year futures gained 20 ticks to

Korean companies are accelerating repayments of dollar-denominated loans as the won strengthens, according to data from five major banks. Dollar loan balances at KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup banks totaled $7.584 billion as of last month-end, down 12.7% from the July peak of $8.6

Samsung Biologics' labor union announced a second general strike starting from the 26th for three weeks, escalating labor disputes over wage increases and management rights. The strike follows failed negotiations since December last year, with the union demanding a 9.5% wage increase plus 3

Dongwon Group emerged as a candidate to acquire Chamzone, one of Korea's first-generation cosmetics companies, with subsidiary Dongwon Homefood positioned as the acquisition vehicle. Dongwon Homefood's cash and cash equivalents reached 44.96 billion won at the end of last year, 3.2 times the 13.88 b

Hyundai Motor stocks fell 8.33% over the past month, with shares dropping from near 700,000 won in May to the 300,000 won range, as the company entered a consolidation phase. An analysis of 68 major Hyundai Motor supplier companies conducted through Epic Finance revealed divergent stock

South Korean stocks diverged during the week of Sept 28 - Oct 2, with the KOSPI falling 77.18 points (1.09%) to 7003.74 while the KOSDAQ surged 48.81 points (5.78%) to 893.29, according to Korea Exchange data released on Oct 3. The KOSPI decline occurred despite strong semiconductor exports and

Hyundai Motor stocks fell 8.33% over the past month, dropping from near 700,000 won in May to the 300,000 won range, as the automaker entered a consolidation phase. An analysis of 68 major Hyundai Motor supplier companies by Epic Finance revealed divergent stock performance based on exposure to auto

Korean investors poured 557.6 billion won into the TIGER CD Rate Investment KIS ETF from September 28 to 30, according to KOSCOM ETF CHECK data released on October 3. The surge in CD and bond-related ETF inflows followed a sharp rise in global interest rates, with the US 10-year Treasury yield

The Korea Exchange's KOSDAQ Market Division is currently processing approximately 8 listing applications per week during the fall season as companies rush to complete year-end listings. A division official stated that many companies are waiting for listing approval. This surge occurs annually

Seagate and Western Digital stocks fell sharply on October 2 after a Nikkei Asia report stated Toshiba plans to invest approximately ¥60 billion, or roughly $380 million, to double hard-disk drive production capacity for AI data centers. Seagate closed at $807.62, down 14.59%, while Western Digital

Hana Bank forecasts the USD-KRW exchange rate will trade between 1,345 and 1,370 won this month, as both the Federal Reserve and the Bank of Korea are expected to hold interest rates steady. Researchers Seo Jeong-hoon and Lee Yu-jeong released the forecast on October 3 in the bank's monthly

US President Donald Trump threatened South Korea on local time the 2nd, warning of negative consequences if the country does not participate in the Alaska liquefied natural gas (LNG) pipeline project. When asked by reporters at the White House whether the announcement was premature given Korea's