Gate Crypto Flash News and Market Updates

UK services sector activity expanded at a slower pace in September, with the Purchasing Managers Index (PMI) initial reading coming in at 51.7, below the forecast of 52 and down from 52.5 in the previous month. The contraction in expectations suggests potential softening in service sector momentum heading into the final quarter.

The UK's composite PMI for September came in at 51.7 in its preliminary reading, falling short of the forecast of 52 and declining from August's 52.5.

Onshore yuan closed at 6.7065 against the U.S. dollar on September 23 at 4:30 p.m., declining 46 pips from the previous trading session.

According to Georgia Ports Authority (GPA), in recent weeks shipping companies have begun resuming the Suez Canal route instead of circumnavigating southern Africa to avoid Red Sea missile threats. Maersk switched its MECL service back to the Suez Canal, reducing shipping time from India's Navi Mumbai port to Savannah to 28 days. Maersk's Denver completed the company's first westbound transit through the Suez Canal on August 9. CMA CGM is progressively restoring its INDAMEX line through the Suez

According to on-chain analyst Ember Chen, a whale liquidated 8,250 ETH on Coinhako 1 hour ago after holding for 4.5 years. The address initially accumulated the ETH in early 2022 at an average price of $2,202 and sold all holdings today at $2,758, realizing approximately $4.58 million in profits.

According to China's Cyberspace Administration, on Sept 23, the agency approved three mobile on-device generative AI services for deployment, including YOYO Claw, in accordance with the Generative AI Service Management Interim Measures.

According to official announcements on September 23, China's central bank issued 60 billion yuan in six-month treasury bills through CMU at a yield of 1.37%. Separately, Contemporary Amperex Technology (CATL) completed the issuance of 4.5 billion yuan in green technology innovation bonds, with the first tranche carrying an interest rate of 1.49%. The dual issuances reflect ongoing activity in China's debt capital markets.

According to Xinhua, on September 22, Venezuela's acting president Delcy Rodríguez met with U.S. President Trump during the 81st UN General Assembly in New York. Rodríguez stated that both sides discussed strengthening bilateral relations and advancing cooperation in strategic areas including energy, mining, and security, as well as other matters of mutual concern. The meeting was held in closed-door format.

According to Korea Exchange, on September 23, 31 out of 140 new ETFs listed in South Korea in 2026 carry a 'TOP' label, representing over 20 percent of the market. These concentrated-design products focus on mega-cap stocks, with some allocating nearly 50 percent of holdings to just two firms. For example, the SOL AI Semiconductor TOP2 Plus ETF holds Samsung Electronics and SK Hynix at a combined 48.48 percent weighting, while the 1Q K-Semiconductor TOP2+ holds 53.95 percent in the same pair. As

According to YourStory, enterprise AI startup Brahma AI raised $150 million in a funding round led by Multiples Alternate Asset Management, which invested $100 million through preferred shares. The company has also received $100 million in additional investor interest. A $2 billion valuation has been reported, though Brahma AI's official announcement did not disclose valuation details. Brahma AI's customer base includes Warner Bros., the National Basketball Association, and Mayo Clinic. The plat

According to reports released Tuesday (September 22), Bank of America, NatWest, ING, and Capital One warned that AI shopping technology is advancing faster than consumer protection standards, potentially increasing fraud, deception, and data privacy breach risks. John Lewis reported AI-driven searches grew from 0.3% to 2.5% within a year. The banks flagged concerns including consumers inadvertently overpurchasing, entering credit card details into unprotected systems, and uncertainty about wheth

According to OECD, the organization revised down its global economic growth forecast to 3% for 2026 (from 3.1% predicted in June), as artificial intelligence-driven infrastructure investment offsets near-term headwinds from Middle East-related commodity price shocks. However, OECD warned that energy market volatility is expected to weigh on 2027 growth momentum, with AI infrastructure spending now identified as a key pillar supporting global economic resilience.

The Egyptian Exchange (EGX) and London Stock Exchange Group (LSEG) held a joint roundtable in Cairo on September 21 to examine how Egyptian companies can reach regional and international investors. The discussion brought together exchange executives, capital-markets advisers, lawyers and international financial institutions, covering funding needs, liquidity, research coverage, listing preparation and alternative capital channels through London. The event produced follow-up points for an action

According to Token Terminal data, Aave v4 deposit reserves broke $1 billion today (Sept 23), doubling from a month ago. Active loan volume stands at approximately $300 million.

According to Yonhapnews, on September 23, South Korean government bond yields fell across the board as international oil prices declined overnight. The 3-year maturity yield closed at 4.006% annually, down 3.4 basis points, while the 10-year yield fell 6.9bp to 4.392%. Brent crude futures (November contract) traded at $99.25 per barrel, down 1.1%, marking the first time the global benchmark has dropped below $100 since August 8. U.S. West Texas Intermediate (WTI) crude for October delivery fell

According to the Korean Financial Investment Association, brokerage branches across South Korea declined to 704 as of June 30, 2026, from 951 in September 2021—a 26% drop. The contraction reflects rapid growth in non-face-to-face trading through mobile and web-based platforms. Major firms including Mirae Asset Securities, Korea Investment & Securities, and NH Investment & Securities have shuttered dozens of branches, with companies citing operational efficiency gains and reduced need for costly

According to community warnings and Zcash co-founder Zooko Wilcox, the network's planned NU7 upgrade in November could render ZEC held in the legacy Sprout shielded pool unspendable. Under Zcash Improvement Proposal-2003, the upgrade will stop accepting the older transaction format that allows spending from Sprout, effectively freezing those funds permanently unless access is restored later. ZEC holders are urged to move funds from old wallets before the upgrade activates. NU7 is scheduled for t

According to investment banking sources on September 23, activist fund Cha Partners participated in a tender offer for Refine and sold approximately 1% of its shareholding. The fund had previously opposed the offer, citing undervaluation, but reversed course to protect fund beneficiaries. Realty Refine's tender offer, which ran from August 18 to September 16, purchased approximately 4.95 million shares at 17,600 Korean won per share, increasing Realty Refine's stake in the Kosdaq-listed company

According to the OECD on September 23, the Bank of England can maintain its policy rate at 3.75% unchanged until late 2027, then reduce rates by 25 basis points in Q3 2027, as UK monetary policy is already sufficiently restrictive to contain inflation. The organization also warned that an energy crisis is pushing up global price pressures, contrasting with hawkish stances from the Federal Reserve, ECB, and Bank of Japan.

According to the OECD on Wednesday, Sept 23, the Bank of England can maintain its interest rates at 3.75% unchanged until later 2027, then cut by 25 basis points in Q3 next year. The organization stated that Britain's monetary policy is already sufficiently restrictive to suppress inflation. This recommendation contrasts with other central banks including the Federal Reserve, ECB, and Bank of Japan, which are expected to further tighten policy in coming months. The OECD's chief economist noted t