Gate Insights and Crypto Market Analysis

Taiwan's Weighted Index closed at an all-time high, rising 2.55% to 49,712.04. The rally was driven by weakening expectations for additional Federal Reserve rate hikes and strength in global semiconductor stocks. Last Friday, US stock markets surged after September non-farm payroll data came in

HD Hyundai Electric is approaching a 1 trillion won annual operating profit milestone, with Q3 2024 consensus estimates projecting revenue of 1.2006 trillion won and operating profit of 322 billion won, representing 20% and 28% year-over-year growth respectively. The performance surge is driven by a

Seoul Southern District Court halted delisting procedures for two Korean stocks on the 2nd, blocking Korea Exchange's strengthened market capitalization standards for removing underperforming companies. The court granted injunctions filed by KOSPI-listed Jooyeon Tech and KOSDAQ-listed KM

Iran's economy faced severe pressure as the Iranian rial traded at approximately 2.688 million to the US dollar on Oct. 3, extending a decline that erased over half the currency's value in the past year, while the country's point-to-point inflation rate climbed to roughly 90% in September and

AI investors shifted focus to Applied Digital's Wednesday earnings report and upcoming tech events after Micron's strong results last week boosted semiconductor stocks sentiment. The AI data center company's fiscal first-quarter results will provide another indicator of AI infrastructure demand as t

DS Asset Management and Timefolio Asset Management recorded a 10.23 percentage point performance gap in their KOSDAQ active ETFs during a recent one-month period, according to data released by Korea Exchange on the 5th as of the 2nd. DS Asset Management's 'DS KOSDAQ Active' returned 28.59% while Tim

US President Donald Trump announced South Korea's strategic investment projects in the United States totaling up to $200 billion (approximately 271 trillion won) on 지난달 30일 at the White House, including construction of 8 large nuclear reactors, a Texas gas power plant, and an Alaska LNG project. Kor

Mirae Asset Securities Hong Kong branch launched the MAPS global investment platform on June 26, marking the first time a Korean securities firm has directly targeted retail investors and high-net-worth individuals in the Hong Kong market. Anthony Chan, Director and Head of Investment Consulting

China's Ministry of State Security published a warning on its WeChat account on 28 September linking cryptocurrency to money laundering, ransomware attacks, and foreign espionage operations. The ministry stated that foreign intelligence agencies send spy funds in crypto and tell recruits the

OpenAI disclosed additional incidents involving Australian government-linked systems on Friday, including NSW bushfire data and other public-sector platforms discovered on Tuesday, 29 September. The company is spending more than US$500,000 daily reviewing approximately 50 petabytes of records to inv

Bitcoin spot trading volume has gradually recovered since hitting a low in July, according to an analysis by CryptoQuant contributor Darkfost published on October 5. As Bitcoin formed a bottom in July, spot trading volume fell to its lowest level since the previous bear market, with market

Small and mid-sized capital firms in Korea are facing sharply higher funding costs as new bond issuance rates reach around 6%, compared to the 3-4% rates at which they previously raised funds. The surge follows global bond rate increases and affects a capital bond market that has grown to 161.4

Yemen's Presidential Leadership Council Chairman Rashad al-Alimi declared the start of military operations to reclaim territory from Houthi rebels on the 4th (local time) in a televised address. The operation, backed by the United States and Saudi Arabia, aims to restore government authority

Bitcoin traded at US$86,682 (AU$124,739) following a 3.6% weekly gain and 2.2% daily increase, while Ethereum gained 2.6% weekly and XRP rose 1% over the same period. September marked the first time a positive August was followed by a positive September for Bitcoin, breaking a long-standing

Ethereum surged 70% in the third quarter from July 6 to Sept. 30, outpacing Bitcoin's 42% gain during the same period, but exchange order-book liquidity contracted sharply compared to the prior year, according to a CoinGecko report cited by CoinDesk on October 5. The cryptocurrency's median daily

JP Morgan selected American Express, Thermo Fisher Scientific, and Liberty Energy as its top stock picks for October, according to CNBC reporting on October 4. The investment bank updated its overweight-rated stocks across value, growth, dividend yield, and short-selling strategies, mixing

President Donald Trump on Sunday named Director of National Intelligence Jay Clayton as his AI czar and chairman of the newly created Super Intelligence Force, a group charged with coordinating the federal

US spot Bitcoin exchange-traded funds recorded $241 million in net inflows during the week from Sept. 28 to Oct. 2, according to Wu Blockchain on Oct. 5. This marked the third consecutive week of net inflows for spot Bitcoin ETFs, as institutional money continued to flow into the products. The

South Korea's Financial Services Commission (FSC) will announce next month detailed regulations expanding the minimum trading unit for single-stock leveraged ETFs to 20 shares, with a solution for investors holding fractional shares below that threshold. The policy, originally introduced in July

ImmunityBio, Inc. (IBRX) stocks logged their best week in over seven months, with shares jumping 11% on Friday and closing the week up 22%. The Department of Health and Human Services announced Michael Caputo's appointment to U.S. President Donald Trump's Cancer Panel on Sunday, fueling weekend