Gate Crypto Flash News and Market Updates

According to DB Securities analyst Seo Seung-yeon on September 7, the firm raised its target price for SK Hynix to 2.3 million won from 2 million won, citing strong pricing for HBM4 (sixth-generation high-bandwidth memory) chips. DB Securities expects HBM4 prices to rise approximately 70%

According to Coinalyze data, altcoin open interest has surpassed Bitcoin for the first time in over a year, marking a significant shift in derivatives market positioning between the two asset classes.

According to Nikkei, 128 Japanese companies have been confirmed for delisting from the Tokyo Stock Exchange so far this year as of September 6, already exceeding the previous annual record of 125 delistings in 2025. An additional 29 companies listed as at-risk have been designated for possible delis

According to Chosun Daily, SK Hynix began supplying 1c DRAM in the second quarter of 2026 and expects production to reach approximately 34% of total output by the fourth quarter, up from 13% in Q2. The South Korean chipmaker's 1c process is set to surpass its older 1b process by the first quarter of

According to ChainCatcher, Nvidia CEO Jensen Huang said today that OpenAI's GPT-6 Astra was trained on over 100,000 Nvidia Grace Blackwell NVLink72 chips.

According to Bitget, on September 7, South Korea's KOSPI index broke through 6,900 points, rising 3.34% at market open. Samsung Electronics gained 4.5%, while SK Hynix surged 5.4%.

According to Korean Economy TV, stronger-than-expected U.S. employment data over the weekend lifted market expectations for a Fed rate hike in September to 60% from 49%, pressuring risk assets. Bitcoin tumbled to $79,000 before recovering to test $80,000, while gold dropped below $4,500 per troy

According to Maeil Business Newspaper, SK Square's share price fell from a peak of 2.126 million won on June 22 to 1.038 million won as of September 4, marking a decline of more than 50% from its year-to-date highs. The stock had surged to around 2 million won earlier in 2026 from 396,500 won at

According to Meritz Securities on September 7, Fine M-Tek reported Q2 revenue of 95.2 billion won, surging 118.5% year-over-year, with operating profit of 7.3 billion won and margin of 7.7%, exceeding Meritz's estimates by 1.5% on revenue and 45.2% on operating profit.
The growth was driven by

According to Jin10 Futures, CBOT soft red winter wheat futures fell 6.4% for the week ending September 4, retreating from three-and-a-half-year highs reached earlier in the week following signals from Russian President Putin that a peace accord ending the Black Sea conflict may be within reach.
Rus

According to reports, as of the week ending September 4, 2026, CBOT soybean oil futures fell 2.5% in the benchmark December contract, primarily driven by the U.S. Environmental Protection Agency's approval of renewable fuel exemptions for small refineries exceeding initial expectations, combined

According to Yonhapinfomax, MetLife Life Insurance will relocate its headquarters from Gangnam to G1 Seoul in Jongno-gu on September 21, occupying approximately 12,900 square meters. The move comes as the company pursues cost reduction measures amid a high dividend-distribution strategy,

According to South Korea's insurance industry, MetroLife Korea will relocate its headquarters from Gangnam to G1Seoul in Jongno-gu on September 21, occupying approximately 12,900 square meters. The relocation follows the company's high dividend distribution policy—MetroLife paid 195 billion won in 2

South Korean brokerages are bracing for heightened volatility in KOSPI this week (Sept 7-11) as key economic events converge, including the U.S. Consumer Price Index release and derivatives expiry. NH Investment Securities and Kiwoom Securities forecast KOSPI trading ranges of 6,200-7,300 and 6,400-

According to ValueFinder research released September 7, Inspian (465480) is positioned to benefit from SAP's legacy ERP system support ending by end-2027, as the consulting firm commands 1st place in domestic SAP EAI market share. The company reported H1 2026 operating profit turnaround of 12.4

According to Goldman Sachs analyst Rich Privorotsky, OpenAI's new Astra model represents a significant artificial intelligence breakthrough that sparked overnight gains for key investors. SoftBank, a major OpenAI backer, jumped over 10% yesterday, while Oracle rose approximately 5.5%.
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According to Goldman Sachs, on September 7, the rationale for tactically buying the Japanese yen has strengthened following recent yen appreciation. The firm cited market expectations of Bank of Japan monetary tightening in September, potential shifts in Japanese capital flows, and further

According to BlockBeats, Robinhood co-founder Vlad Tenev followed the MEME official account early on September 7, triggering a sharp rally in the MEME token. Per GMGN data, MEME surged nearly 2x in a short window, reaching a peak market cap of $174 million before pulling back to $83.58 million,

According to Jin10 Data, UK businesses increased permanent staff recruitment in August for the first time since September 2022, according to the Recruitment and Employment Confederation (REC) index tracked by Bank of England policymakers. Recruiters attributed the growth to strengthened business

According to reports, Huawei, Xiaomi, and Apple will launch their flagship foldable phones consecutively between September 7 and 10, marking the first direct competition among the three brands in the foldable market. The three devices will be unveiled within a 72-hour window during the same week and