Gate Crypto Flash News and Market Updates

According to Shanghai Gold Exchange, on the evening session opening of September 29, gold T+D fell 1.12% to 897.15 yuan/gram, while silver T+D rose 0.18% to 14,818 yuan/kilogram.

According to China's National Climate Center, El Niño continues to intensify and will form the strongest super El Niño event on record, impacting global and domestic climate in autumn and winter 2026 and spring and summer 2027. Sea surface temperatures in the equatorial Eastern Pacific are forecast to show an upward trend, with the index peak expected around November at 3.2–3.5°C.

According to Yonhapnews TV, South Korea's KOSPI index fell for a second consecutive day on September 29, weighed down by a surge in U.S. Treasury yields and elevated oil prices. The benchmark 10-year U.S. Treasury yield climbed to 5.24%, marking its highest level since June 2007, after U.S. President Donald Trump rejected a proposed seven-day ceasefire between the U.S. and Iran. Foreign investors sold net 3 trillion Korean won worth of stocks, while Samsung Electronics and SK Hynix narrowed loss

According to Wintermute's over-the-counter desk report, retail clients sold bitcoin and shifted funds toward altcoins last week. The trading firm noted that market breadth has expanded to levels where historical periods subsequent to such activity show a flat or declining trend over 80% of the time, excluding early cycle phases.

South Korea's Financial Supervisory Service (FSS) chief met with 23 securities company CEOs on September 29 to urge greater profit-sharing and social contribution. The FSS noted that while 37 domestic securities firms posted combined net profits of 8.6 trillion won in the first half of 2026—nearly matching full-year 2025 results—many retail investors faced losses. The regulator highlighted the disparity: securities firms contributed only 50 billion won to social causes versus 2.2 trillion won fr

According to Barclays, T-Mobile (TMUS) and Comcast (CMCSA) shares edged lower on Tuesday, September 29, after the investment bank cut its price targets on both telecommunications companies. Barclays lowered T-Mobile's price target to $200 from $215 while maintaining an 'Overweight' rating, and cut Comcast's price target to $24 from $26 while retaining an 'Equal Weight' rating. Both stocks declined around 0.2% in pre-market trade. Barclays cited concerns that upside from the companies' third-quar

According to Odaily, Bitcoin rose over 40% this quarter and touched $82,500 on Monday before rebounding to around $84,000. Fidelity Investments global macro research head Jurrien Timmer said the breakout above $80,000 triggered a "double bottom" pattern; if Bitcoin confirms a breakthrough above the key resistance at $82,800, the technical target could point to $100,000. Deribit data showed bullish sentiment, with $24.5 billion in open interest for $90,000 call options, $23.3 billion for $95,000

According to Bitcoin Treasuries, The Smarter Web Company has launched its Bitcoin-backed preferred stock MORE for institutional and retail investors, with listing on the London Stock Exchange main board scheduled for October 14. The initial issuance price is set at 90 pounds, approximately $119, with an annual dividend yield of 12% payable weekly.

According to MINISO's announcement, Chief Financial Officer Zhang Jingmin purchased approximately 2.7 million HKD worth of the company's ordinary shares on September 29, 2026, in the public market using personal funds. This follows his previous purchase of approximately 400,000 USD worth of company shares in December 2023.

According to WhaleAlert, HyperCore transferred 447,824 HYPE tokens to Kinetiq, a liquid staking protocol, today. The transfer is valued at approximately $39.56 million.

Tsinghua University's School of Economics and Management will hold its Advisory Board meeting on October 13-14 in Beijing, the 27th annual session since the board's inception. Jensen Huang, founder and CEO of Nvidia, and Lisa Su, chairman and CEO of AMD, are among three new board members appointed this year. Marc Pictet, senior managing partner of Pictet Group in Switzerland, is also joining as a new member.

According to K33 Research, Bitcoin open interest across CME and perpetual contracts declined by 49,000 BTC in the past 7 days, marking the largest single-week drop since October 2025. Research head Vetle Lunde noted that unlike previous major deleveraging episodes accompanied by forced liquidations, the current reduction reflects mainly active profit-taking. Market volatility remains subdued with funding rates continuing to decline, indicating more rational market sentiment overall.

According to The Atlantic, Trump has expressed support for sanctions relief for Russia in exchange for prisoner releases. He has maintained this position for several months.

According to Bitget, WTI crude oil touched $90 per barrel today (Sept 29), declining 2.25% intraday. Brent crude oil fell below $96 per barrel, down 2.42% for the day.

According to Zhuan Yu Entertainment Culture (01046), the entertainment company posted net loss attributable to shareholders of HK$10.938M for the fiscal year ended June 30, 2026, down 82.69% year-over-year. Total revenue fell 74.59% to HK$120M. Loss per share was HK$0.0121. The improvement in profitability was primarily driven by a reduction of approximately HK$69.1M in impairment losses on film copyrights and films in production compared to the prior year.

According to Hong Kong Exchanges and Clearing data, on September 28, 2026, Li Cheng Hui, through a controlled corporation, increased his holding in Asia Pacific Resources (01104) by 200,000 shares at HK$2.085 per share, totaling HK$417,000. Following the transaction, his total shareholding reached approximately 751 million shares, representing a 50.19% stake.

According to Hong Kong Stock Exchange data, on September 24, Kuok Hui Kwong increased her holdings in Shangri-La Asia (00069) by 182,000 shares at HK$3.8876 per share, with a total transaction value of approximately HK$707,500. Following the increase, her total shareholding reached approximately 102 million shares, representing a 2.84% stake in the company.

According to Lookonchain, a wallet associated with BIT.com (Matrixport) transferred 1,000 BTC valued at $83.94 million to Binance in the past hour.

Spot palladium prices climbed 2.00% intraday to $1,233.01 per ounce as of September 29.