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
01:48
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Middle East Crude Oil Shipments Recover to 98% of Pre-War Levels, JPMorgan Chase Reports

According to JPMorgan Chase analysts on Sept 29, Middle East crude oil shipments have recovered to 98% of pre-war levels, reaching 17.5 million barrels per day. Refined products including diesel and gasoline flows stood at 3 million barrels daily, equivalent to 58% of pre-war volumes. Analysts noted that overall petroleum flows have recovered to 89% of 2025 levels based on the 10-day average of the past five days. Oil flows through the Strait of Hormuz have nearly recovered to the early June pea
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01:47
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Momenta Shares Rise Nearly 6% After Announcing Global Partnership with Stellantis on September 29

According to Zhitong Finance, Momenta (06880) announced on September 24 a global strategic partnership with Shenlong Technology to jointly develop advanced autonomous driving systems for Peugeot and Jeep vehicles, with deployment planned for China, Europe, and other global markets under the Stellantis Group. The stock surged nearly 6% on September 29 following the public disclosure on September 28, with intraday gains exceeding 7%. Deutsche Bank and Bank of America Merrill Lynch both rated the p
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01:45
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Morgan Stanley Cuts Applied Materials Target Price to $563, Ups 2027 Guidance

According to The Street, Morgan Stanley on September 30 lowered its price target for semiconductor equipment maker Applied Materials (NASDAQ: AMAT) from $642 to $563, while maintaining its "equal-weight" rating. The bank raised its 2027 full-year revenue forecast to $50.7 billion and adjusted earnings per share (EPS) to $20.92, citing increased NAND demand and improved gross margin outlook. Applied Materials closed up 5.19% at $512.01 on September 29, with year-to-date gains of 89%.
01:44
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Australia's August CPI Hits 3.6% YoY, Fuel Surge Keeps Inflation Pressures High

According to the Australian Bureau of Statistics, Australia's August trimmed mean inflation rose 3.6% year-over-year on Wednesday, meeting market expectations. Monthly core inflation stood at 0.2%, below the forecast of 0.3%. The Reserve Bank of Australia aims to keep inflation at the midpoint of its 2%–3% target band, a level unachieved in five years. Persistent inflation pressure prompted the RBA to raise rates for the fourth time this year on Tuesday. Markets currently assign nearly 40% proba
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01:41
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China Imposes 55% Additional Tariff on Brazilian Beef Starting October 1

According to China's Ministry of Commerce, Brazilian beef imports have reached 100% of the quota set under the safeguard measure as of September 29, 2026. Starting October 1 at 00:00, beef imported from Brazil will face an additional 55% tariff on top of the currently applicable tariff rate, as stipulated in the ministry's Announcement 2025 No. 87.
01:39
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South Korea Plans to Issue 2.3 Trillion Won in Retail Government Bonds in October

According to South Korea's Ministry of Economy and Finance announced on September 30, the government plans to issue 2.3 trillion won in retail government bonds in October. The issuance maintains September's level due to strong demand driven by the newly introduced retirement pension-type government bonds launched last month. The October offering will include 20 billion won in 3-year fixed-rate bonds, 30 billion won in 3-year compound bonds, 300 billion won in 5-year bonds, 1.5 trillion won in 10
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01:39
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NH Investment Expands Stock Compensation Platform, Services 25,000 Employees Across 700B Won in Seven Months

NH Investment Securities expanded its stock compensation platform on September 30, launching 'N2 Stock Compensation Service' in partnership with QuotaLab, covering design, allocation, vesting, and trading management from a single system. Over seven months from January, the service processed 700 billion won in equity compensation for approximately 25,000 employees across Kakao, Krafton, Hive, and Hyundai Marine. The mobile trading platform integrates separate management of restricted stock units
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01:37
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China Manufacturing PMI: Large Firms Hold at 50.6%, Small Firms Rise to 48.9% in September

According to the National Bureau of Statistics, in September, China's manufacturing PMI showed divergent trends across enterprise sizes. Large enterprises maintained their PMI at 50.6%, unchanged from August, signaling sustained expansion. Medium-sized enterprises and small enterprises recorded PMI readings of 49.7% and 48.9% respectively, both improving from the previous month—up 0.3 and 1.0 percentage points.
01:37
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China's Equipment Manufacturing, High-Tech Sectors Post 51%+ PMI on September 30

According to the National Bureau of Statistics on September 30, China's equipment manufacturing, high-tech manufacturing, and consumer goods industries posted purchasing managers' index (PMI) readings of 51.0%, 52.5%, and 50.7% respectively in September, all above the 50-point expansion threshold. The high-energy-consumption sector PMI stood at 48.0%, up 0.1 percentage points month-on-month.
01:35
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Jumper Raises $16M in Legion Platform Token Sale, 8x Oversubscribed

According to ChainCatcher, Jumper raised approximately $16 million in a token sale on the Legion platform yesterday evening, achieving 8 times oversubscription based on official data. The token sale launched yesterday at 9 p.m. and is scheduled to close on October 2 at 9 p.m.
01:35
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CATL's Debrecen Battery Plant in Hungary Launches Production With 100GWh Capacity

CATL's new battery manufacturing facility in Debrecen, Hungary recently launched production operations. The plant, representing China's largest overseas battery production investment, is designed with a planned capacity of 100GWh annually. According to the company, the project involved a total investment of approximately 7.34 billion euros and will serve as China's largest single-site battery manufacturing project globally. Once fully operational, the facility can support the power needs of over
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01:33
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China's Construction Industry New Orders Index Rises to 45.7% in September

According to China's National Bureau of Statistics released on September 30, the construction industry new orders index rose to 45.7% in September, up 3.3 percentage points from August. The non-manufacturing new orders index reached 46.5%, up 2.4 percentage points month-on-month, signaling a recovery in market demand.