Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
11:49
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China's National Climate Center Warns of Winter Cold Waves and Summer Peak Power Demand Risks

According to China's National Climate Center on September 29, the ongoing El Niño downturn year will trigger continued climate disruptions through cross-seasonal effects. The center warned that winter may see severe, isolated cold waves affecting heating demand in northern regions, while summer 2027 could face widespread high temperatures and heat waves, potentially straining air conditioning loads and peak electricity demand. The center also cautioned that El Niño impacts on regional precipitat
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11:49
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France's Macron Begins State Visit to Spain on September 29

According to CCTV, French President Emmanuel Macron and his wife arrived in Spain on September 29 for a state visit scheduled to last two days. This marks Macron's first state visit to Spain during his presidency. During the visit, Macron will meet with Spanish King Felipe VI and Prime Minister Pedro Sánchez.
11:48
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JPYC EX Sends Refund Instructions to Users After Abnormal Deposits Since September 17

According to JPYC, the stablecoin issuer has begun sending refund operation instructions to users affected by abnormal deposits on its EX platform since September 17. Affected transactions include unscheduled deposits, incorrect deposit amounts, and cancelled applications. The platform stated that transactions currently showing "under review" and other inquiries are being processed individually, with no completion timeline disclosed.
11:44
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Nvidia and AMD Push Trump Administration to Remove China Chip Restrictions From Defense Bill

According to Politico, Nvidia and AMD are pushing the Trump administration to pressure Congress into removing China-related chip export restrictions from the National Defense Authorization Act. The companies are specifically targeting provisions from the AI OVERWATCH Act and Chip Security Act, which would tighten oversight of advanced AI chip sales to China and require greater tracking of chip distribution. Nvidia CEO Jensen Huang is scheduled to participate in a White House AI meeting with Pres
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11:43
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Citibank Expands Tokenization Service to Japan and UAE with 24/7 Operations

According to Foresight News, Citibank has expanded its tokenization service to Japan and the United Arab Emirates, offering round-the-clock operations. Customers with accounts in these regions can now transfer funds between their own accounts or to existing Citibank tokenization service users without time or holiday restrictions, supporting liquidity, payments, and collateral needs. The service is now live in the U.S., Ireland, Hong Kong, Singapore, the UK, Japan, and the UAE.
11:41
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IDT INT'L Subsidiary to Purchase 40 AI Servers for RMB 127 Million on September 29

According to IDT INT'L announcement, on September 29, the company's subsidiary Zhejiang Honglitianche Technology Development Co., Ltd. agreed to purchase 40 AI servers from Hangzhou Dongnan Jitong Technology Co., Ltd. for approximately RMB 127 million (including tax). The transaction is intended to support the company's strategic execution.
11:38
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Bitcoin Breaks Above 50-Week Moving Average for First Time; $82,500 Becomes Key Watch Level

According to Wintermute, on September 29, Bitcoin broke above its 50-week moving average for the first time on the weekly chart. The $82,500 level, marking the upper boundary of the previous consolidation range, is now the key resistance level to monitor this week. If this level holds, it could confirm the validity of the breakout; a breakdown would reignite questions about breakout sustainability. Risk assets continued gaining last week despite U.S. 10-year Treasury yields breaking above 5% for
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11:37
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AAVE Hits $172.37, Up 16.17% in 24 Hours

According to BlockBeats and HTX data, AAVE surged to $172.37 on September 29, up 16.17% in the past 24 hours, breaking through the $170 level. Meanwhile, Aave founder announced consideration of introducing a token burn mechanism in Aavenomics 3.0.
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