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
12:08
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Bitwise Sets $155 NEAR 2030 Target in Spot ETF Report, $562 in Bull Case

According to ChainCatcher, Bitwise published a 39-page NEAR investment report on September 27 and filed a final prospectus for its NEAR spot ETF. The report, authored with Bitwise Chief Investment Officer Matt Hougan, outlines multiple scenarios: a base case targeting $155 by 2030, an extreme bull case at $562, and a bear case at $1.63. In the bull scenario, Bitwise compared NEAR to Visa, citing that Visa processed $15.7 trillion in payment transactions in 2024 and currently has a market cap of
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NEAR10.51%
12:07
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KOSPI Rebounds to 7,080.92 Ahead of Holiday, Eyes U.S. Inflation Data and Micron Earnings This Week

According to E Daily, KOSPI closed at 7,080.92 on September 23, gaining 2.71% over four consecutive trading sessions before the Chuseok holiday break. Foreign investors net sold 419.1 billion Korean won during the period, though they accumulated 2.59 trillion won in Samsung Electronics while offloading 2.28 trillion won from SK Hynix. U.S. inflation and employment data scheduled for September 29–October 2, alongside Micron's earnings on September 30, are expected to be key drivers for this week'
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12:05
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U.S. to Finalize Rollback of Vehicle Fuel Economy Standards Through 2031

According to U.S. Department of Transportation officials, the department will finalize significantly lower vehicle fuel economy standards through the 2031 model year on Monday, reversing Biden administration policies that required automakers to produce more electric vehicles. President Trump said he has approved the new fuel economy standards for passenger cars and light trucks and stated the measure will reduce new vehicle prices. Transportation Secretary Sean Duffy said: "Monday will bring a m
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12:03
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European Interior Ministers Discuss Border Controls on September 26, as 10,000 Migrants Remain in Ceuta

According to CCTV, interior ministers from multiple European countries and EU officials held a meeting in Germany on September 26 to discuss strengthening border controls and emergency response capabilities. German Interior Minister Dobrindt called for establishing an EU-wide fast-track deportation procedure to address the influx of undocumented migrants entering the Spanish enclave of Ceuta since late July. According to data released by Spain's government, approximately 10,000 undocumented migr
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12:01
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Used VLCCs Hit $150M, Surging $15M Above New Ship Prices Amid Supply Rush

According to CCTV Finance, used VLCCs with approximately 10-year-old hulls are now trading above $150 million, exceeding the roughly $135 million average new ship cost, creating an unprecedented price inversion. Buyers are willing to pay the premium to secure immediate spot capacity for cargo operations. The core driver is the delivery timeline gap: new ship orders require months of construction, while used ships can be deployed immediately to capture high freight rates.
12:01
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Today: Polygon Plans 25M POL Burn for 1ms Confirmation; El Salvador Adds 8 BTC as Market Alerts Rise

According to Polygon co-founder announcement, the network plans to burn 25 million POL tokens as part of a major upgrade targeting 1-millisecond on-chain confirmation. In market developments, El Salvador accumulated 8 Bitcoin over the past 7 days, bringing its total holdings to $658 million. Additionally, DyorSwap alerted users to a fraudulent chain impersonating GIWA's mainnet and announced compensation through treasury funds, while GIWA confirmed its mainnet has not yet launched. In regulatory
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BTC0.79%
12:00
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NYSE Arca Approves Bitwise NEAR Spot ETF with 0.75% Fee, First U.S. NEAR ETF

According to PANews, the NYSE Arca approved Bitwise NEAR Protocol spot ETF on September 27, with ticker code NRR, marking the first U.S. spot ETF for NEAR. The ETF carries a management fee of 0.75% and is custodied and staked by Coinbase Custody. The exact listing date has not yet been disclosed. Following the announcement, NEAR rose to around $5. Investors previously gained NEAR exposure primarily through Grayscale's NEAR Trust.
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NEAR10.51%
11:55
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Democrats Vote Down Clarity Act That Would Grant Treasury Authority Over Offshore Crypto Exchanges

According to Senator Cynthia Lummis on September 27, Democrats voted down the Clarity Act, legislation that would have granted the U.S. Treasury Department new authority to combat money laundering through offshore crypto exchanges like Binance. Lummis stated that while Democrats had previously sought such enforcement powers, they ultimately opposed the bill in the vote, blocking the regulatory effort.
11:55
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Fed October Decision Sits at 64% Rate Hike Probability on Polymarket

According to Polymarket prediction market, as of September 27, traders are assigning a 64% probability to a 25-basis-point Federal Reserve rate increase at the October 27-28 meeting. The market gives approximately 35% odds to no change, while larger hikes or rate cuts remain below 1%. The shift reflects comments from Federal Reserve Governor Michael Barr, who indicated further monetary tightening may be needed to control inflation, combined with recent economic data showing a resilient U.S. labo
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BTC0.79%
11:54
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Michael Saylor Posts Bitcoin Tracker Update on Sept 27, Signals Potential Increase

According to BlockBeats, on Sept 27, Michael Saylor, founder of MicroStrategy, posted an update to the Bitcoin Tracker, stating "Even more orange." Based on previous patterns, the orange dots represent the company's Bitcoin purchases, suggesting a potential increase in BTC holdings. MicroStrategy typically discloses changes to its Bitcoin position the following day.
BTC0.79%
11:42
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Nio Deploys 4,125 Swap Stations Forming 8GWh Energy Storage Network on September 27

According to Nio Chairman Li Bin on September 27, Nio has deployed 4,125 swap stations forming an 8GWh energy storage network to serve vehicle owners and the broader grid. The company's latest swap station, located at Sailimu Lake, completes a new charging corridor stretching 3,605 kilometers from Xi'an in Shaanxi Province to Horgos in Xinjiang. The route comprises 33 swap stations along the Silk Road, enabling Nio and Loadmore vehicle owners to conduct long-distance pure electric swaps across w
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11:39
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China's Data Center Capacity Hits 24GW, Surpassing EMEA and Rest of Asia Combined

According to a SemiAnalysis report released on September 27, China's deployed data center capacity reached 24GW, exceeding the combined total of Europe, Middle East, Africa and the rest of Asia. Alibaba, Tencent, and Baidu reported combined capital expenditures of $20 billion in the second quarter, doubling year-over-year, marking the first time all three companies' free cash flows turned negative simultaneously.
11:36
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Jev Decision Model Completes Pokémon Red in Under a Week, Aided by Claude Opus 5

According to Tom's Hardware, TypeSafe AI's Jev decision model completed Pokémon Red's Elite Four and Champion, entering the Hall of Fame on September 23, 2026. The non-LLM engine achieved this in under a week after the project was announced on September 17, outpacing traditional chatbots that took months. Anthropic's Claude Opus 5 assisted by monitoring the game log and adjusting available options and their wording when Jev encountered obstacles, effectively serving as a coaching tool.
11:31
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Solana Alpenglow Upgrade Targets 100-150ms Transaction Finality on Devnet

On September 25, Solana moved its developer network to Alpenglow, a major consensus upgrade designed to reduce transaction finality from approximately 12.8 seconds to 100-150 milliseconds. The migration, completed by Anza engineers at epoch 1167, introduces Votor, a new voting system that replaces Solana's longstanding TowerBFT consensus mechanism. Votor changes how validators exchange voting information by moving technical votes outside the transaction flow and consolidating them into cryptogra
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SOL1.31%
11:31
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U.S. House Panel Chair: Tokenization Has Shifted from Concept to Ongoing Reality

According to CoinDesk, U.S. House Financial Services Committee Chair French Hill stated on September 27 that tokenization has shifted from the "futuristic" concept discussed during FIT21 and the CLARITY Act debate to an ongoing reality. "We may actually tokenize a real security or similar asset—in fact, we're doing it right now," Hill said.
11:31
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KSD Allows Securities as Settlement Collateral, Recognizing Government Bonds Up to 98%, Starting Late September

According to Yonhap News, South Korea's Korea Securities Depository (KSD) announced today (September 27) that it will allow stocks and bonds to be submitted as settlement promotion deposits effective late this month, replacing the previous requirement for cash. Government bonds will be recognized as collateral at rates up to 98%, while large-cap KOSPI stocks will be eligible as well. KSD expects the policy to reduce institutional investors' cash liquidity burden by over 50% and ease foreign inve
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