Gate Cryptocurrency News and Market Analysis

Duksan Nepcore begins institutional demand forecasting from the 8th for 5 business days, marking the first IPO approval under South Korea's new duplicate listing regulation. The company secured shareholder consent at its parent Duksan Hi-Metal's May 29 shareholder meeting, achieving 92.7% approval b

Liquid Network paused its operations on Sunday after purported white-hat hackers withdrew approximately 4,000 bitcoin, worth about $320 million, from its federation wallet. The withdrawal occurred through the SideSwap PAK (Peg-out Authorization Key), prompting the Bitcoin sidechain to halt network a

John Lee, founder of John Lee's Wealth School, gave an interview on September 3 at Kookmin Ilbo headquarters in Yeouido, Seoul, discussing the necessity of stock investment for individuals. Lee stated that demand for education on retirement preparation through investment has increased recently,

The Korean stock market recorded its lowest daily average trading volume of 2026 in early September, with 20.0484 trillion won traded between September 1-3, according to the Korea Financial Investment Association on September 7. The decline represents a nearly 60% drop from the May-June peak of

KOSDAQ-listed cooling solution providers GST and K&N Sol saw stock gains on the 4th despite ongoing price corrections since Q2 peaks. GST closed at 43,000 won, up 4.5%, while K&N Sol finished at 8,580 won, up 0.59%, marking its first rise in seven trading days. Both companies specialize in liquid

FIDA cryptocurrency surged 11.74% in 30 minutes to reach $0.0238, marking a notable breakout amid mixed movements across the broader cryptocurrency market. The price surge was driven by increased social media activity and community buzz surrounding the coin. This performance stands in contrast to ma

Chainlink's LINK token surged 7.06% within 30 minutes to reach $13.308. The rapid increase follows a low of $12.111 earlier in the day and marks a 24-hour gain of 10.83%. The surge is accompanied by increased trading volume reaching approximately $41.99 million in the last 24 hours, suggesting

Korean crypto exchanges Korbit and Coinone launched zero-fee trading promotions starting on the 24th and 26th of last month, respectively, resulting in sharp increases in trading volume but minimal real customer acquisition. Korbit's total trading volume surged 188.6% over 11 days following the fee

GRIN experienced a sharp price decline, falling 12.99% in one hour to $0.009309. The cryptocurrency recorded a 24-hour decrease of 22.94% amid selling pressure across the crypto market. The rapid decline reflects ongoing volatility as traders navigate uncertain market conditions. GRIN Records

Twelve Bitcoin addresses moved a combined 600 BTC on Saturday after remaining inactive for more than 16 years, according to blockchain tracking platform Whale Alert. The transferred Bitcoin was worth roughly $48 million at the time of movement and originated from mining rewards generated in

XRP traded near $1.40 following another delay of the CLARITY Act's planned Sept. 15 procedural vote, showing minimal reaction despite ongoing regulatory uncertainty across the broader crypto market. The muted response

The won-dollar exchange rate fell to 1345.0 won intraday on September 4, a 254.2 won decline from the July 1 high of 1599.2 won. The intraday low represents the weakest level for the dollar since October 8 2024 when the rate touched 1344.6 won, according to data from MPDoctor. The rapid won

Orionx, a Chilean crypto trading exchange backed by Tether, announced on Sep. 3 that it is shutting down after an audit discovered a gap in client assets worth $7 million. A forensic audit confirmed a transfer of assets worth more than $7 million held in custody to wallets not administered by the co

XRP is trading in the $1.40 to $1.45 range following a recovery that pushed the token back toward $1.50 after falling into the low $1.30s during a volatile week. Binance recorded $7.28 billion in XRP spot trading volume during August, marking the highest monthly figure since February, while Upbit an

Fervo Energy signed a 396-megawatt geothermal power supply contract with Google this month on the 1st, with an option for an additional 600 megawatts, totaling nearly 1 gigawatt over 15 years. The Houston-based company will supply carbon-free electricity generated from underground heat in Utah's

Bitcoin mining difficulty increased 1.31% to 127.45 trillion at block height 965664 on Saturday, marking the eighth difficulty increase of 2026. The adjustment occurred because the most recent 2,016-block epoch was mined faster than the target ten-minute average. Concurrently, hashprice

Korean stocks are expected to face heightened volatility during the week of Sept 7-11 as the KOSPI navigates Quadruple Witching Day on Sept 10 alongside the release of US August inflation data on Sept 10 and Sept 11 (local time). The confluence of derivative contract expirations and key US

Nike will be removed from the S&P 100 index on Sept. 21, S&P Dow Jones Indices announced. Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk will join the mega-cap benchmark. Nike's stock closed Friday at $38.40, near a 12-year low and roughly 78% below its November 2021 record,

A trader gained over $6.2 million after investing $431,000 in STONK, the native token of LaunchOnSF, according to a report shared on social media. The profit represents a significant return on a Solana-based token investment. LaunchOnSF is a launchpad on the Solana blockchain that facilitates the la

OpenAI published internal data showing its AI agents performed 3.1 agent-workdays for every human workday within the company's research operation as of mid-August 2026. The ratio represents an acceleration from earlier in 2026, when AI assistance was less prevalent in research workflows. OpenAI