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
17:12
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Pyth Network Launches Corporate Actions Data for All US Equities

Pyth Network has announced that corporate actions data for US equities is now available. The new data includes splits, dividends, ticker changes, and mergers, enabling developers and traders to better track market movements and corporate actions impacting financial strategies.
PYTH10.20%
17:09
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Cleveland Fed President Warns Prolonged High Inflation Harder to Lower on September 24

According to Yonhapinfomax, Cleveland Federal Reserve President Beth Hammack warned on September 24 that the longer inflation remains elevated, the more difficult and costly it becomes to bring it back down. Speaking at a conference hosted by the Cleveland Fed's inflation research center and the European Central Bank, Hammack noted that U.S. production is expanding at a solid pace and the labor market remains near maximum employment, yet inflation persists at high levels. She cautioned that infl
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17:08
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U.S. New Home Sales Rise 6.4% in August to 684,000 Units

According to the U.S. Commerce Department, new home sales in August increased to 684,000 units on an annualized basis, up 6.4% from 643,000 units in July, the agency reported on September 24. The median sales price of new homes sold in August was $393,700, up 0.4% from the previous month, while the average sales price fell 9.1% to $478,700. At the end of August, the estimated inventory of new homes stood at 483,000 units, representing a 8.5-month supply at the current sales pace.
17:03
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Revolut Reveals Customer Data Breached on September 4–5 via DriveWealth Social Engineering Attack

According to Revolut and DriveWealth, customer data including names, emails, ages, genders, citizenship, postal addresses, and employment details was breached on September 4–5 after the US broker suffered a social engineering attack. The breach was disclosed today (September 24) to affected users. Following the incident, hackers initially demanded $760 million in Bitcoin, later reduced to $3 million in Monero. The attackers have since published data of 680 crypto whales and are reportedly sellin
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BTC0.53%
17:02
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Google Chrome Introduces Cross-Device Tab Switching With Memory on September 24

According to The Verge, on September 24, Google Chrome introduced a cross-device tab switching feature that remembers your scroll position and preserves partially-filled forms when you move tabs between devices. The update lets you seamlessly continue reading lengthy research documents or complete forms on your preferred device without manually searching for where you left off. Gemini AI capabilities in Chrome are also expanding to analyze, visualize, and summarize additional media types includi
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17:01
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JPMorgan Raises Meta Target Price to $920, Touts Muse as Next Most-Used Consumer AI After ChatGPT

According to JPMorgan analysts led by Doug Anmuth, Meta received a target price increase to $920 from $820 on Wednesday (Sept 23) following the Muse AI agent launch at its Connect conference. JPMorgan believes Muse has potential to become the most widely used consumer AI application since ChatGPT's debut. Meta stock has gained 30% over the past month. Morgan Stanley maintained its $775 target price, citing improved design in Meta's new AR glasses as a potential growth driver for 2027, though the
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16:59
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US Dollar Climbs to 158.846 Yen, Dollar Index Hits 7-Week High on September 24

According to Yonhap Infomax, as of 9:57 AM ET on September 24, the US dollar rose to 158.846 yen against the Japanese yen, gaining 0.494 yen (0.312%). The dollar index, which measures the greenback's strength against six major currencies, also climbed 0.182 points (0.18%) to 101.296, marking its highest level since July 29. US Treasury yields supported dollar strength, with the 30-year rate reaching 5.447%, the highest since June 2024. The euro-dollar rate declined to 1.13684, extending losses s
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16:58
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Multicoin: RWA Adoption Will Shift DeFi From AMM to Order Books in 2.0 Era

According to BlockBeats, Multicoin Capital's Spencer Applebaum published an analysis on September 25 arguing that DeFi 2.0 will require different market mechanisms for real-world assets (RWA) compared to volatile cryptocurrencies. He noted that early DeFi primitives—automated market makers (AMM), over-collateralized lending, and perpetual futures—were designed for high-volatility assets like Bitcoin and Ethereum. RWAs such as government bonds, equities, and commodities have lower volatility, gen
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BTC0.53%
ETH1.00%
16:55
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German 10-Year Bund Yield Hits 3.599%, Up 14bp in Two Days to 2009 High

On Thursday, Sept 24, German 10-year government bond yields rose 4.4 basis points to 3.599% in late European trading, reaching their highest level since 2009 and approaching the 3.749% peak from Q2 2009. Over the past two trading days, the yield has surged approximately 13.7 basis points, nearing levels last seen nearly 17 years ago. Meanwhile, German two-year yields remained largely flat at 3.327%, showing a W-shaped intraday pattern with late-session pullback. Across the eurozone, French 10-ye
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16:55
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LME Metals Close Mixed Today; Copper Rises $3 to $14,621/Ton

LME metals closed mixed today (September 24). Copper rose $3 to $14,621 per metric ton. Aluminum fell $5 to $3,250/ton. Zinc gained $54 to $3,955/ton. Lead increased $14 to $1,934/ton. Nickel climbed $20 to $16,501/ton. Tin gained $12 to $54,010/ton. Cobalt closed flat at $39,640/ton.
16:52
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GAIN Capital UK Surrenders FCA Authorization on September 23, UK Retail Business Continues via StoneX Financial

According to the FCA register, GAIN Capital UK Limited has applied to cancel its authorization with Britain's Financial Conduct Authority on Wednesday, September 23. The move marks another step in StoneX's consolidation of the corporate structure it acquired through its $236 million purchase of GAIN Capital in 2020. GAIN Capital UK (firm reference 113942) reported no turnover for the financial year ending September 2024, with total assets of £16,585. StoneX has already transferred its UK retail
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16:51
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Xi Urges U.S. to Handle Taiwan Issue Cautiously During White House Talks on September 24

According to Jin10, on September 24, Chinese President Xi Jinping and U.S. President Donald Trump held talks at the White House. Xi emphasized China's clear stance on maintaining national unity and territorial integrity, urging the U.S. to uphold its opposition to separatism and handle the Taiwan issue cautiously to establish a solid foundation for strategic cooperation between the two nations.
16:38
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ElevenLabs Now Valued at $22 Billion With $600M Annual Revenue, According to Bloomberg

According to Bloomberg, ElevenLabs, which builds AI voice technology that converts text to human-like speech, is now valued at $22 billion. The four-year-old company is pacing at $600 million in annual recurring revenue, with 55% plus coming from enterprise customers including Klarna, Deutsche Telekom, Cisco, and Adobe. The platform also serves creators for audiobooks, dubbing, and music production. CEO Mati Staniszewski stated the company prioritizes expanding market share even if it means acce
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16:38
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Elon Musk: SpaceX's AI Research Began 3 Years Ago; to Lead in 6 Months as Hardware Deployment Accelerates

Elon Musk stated recently that SpaceX's AI development has been underway for only three years, compared to Anthropic and OpenAI's six to ten years. Assuming the company maintains strong acceleration, SpaceX would achieve leading status in approximately six months. Musk noted that once intelligence far exceeds what a task requires, additional gains become meaningless. Musk acknowledged that hardware deployment remains challenging. He emphasized that rapidly scaling massive computational capacity
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