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
02:35
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Tesla Registers Vietnam Entity as VinFast Holds 92% EV Market Share

According to business registration records, Tesla registered a local entity, Tesla Motors Vietnam, this month, paving the way for a potential expansion into Southeast Asia's largest electric vehicle market. Vietnam's EV market surged in 2025, with sales more than doubling and EVs accounting for nearly 40% of new car sales, according to International Energy Agency data. However, the U.S. automaker faces a formidable homegrown rival: Nasdaq-listed VinFast, backed by Vingroup, has captured 92% of V
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02:35
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99.18% of Chinese Undergraduates Use AI, University Leaders Warn Against Thought Laziness on Sept 22

According to Guru Club, citing a survey of 1,953 undergraduates across 400+ Chinese universities disclosed recently, 99.18% of students use AI in their academic work, from seeking answers to organizing essay frameworks. During the opening ceremony season, Beijing University President Gao Song and Fudan University President Jin Li warned new students to avoid over-reliance on AI. Gao emphasized that while AI can synthesize existing information, it cannot replace genuine curiosity or the independe
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02:31
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UBS: U.S. Tech Volatility Returns to Bubble Levels on September 21; Mega-Cap Capex to Hit 30% of Total

According to UBS research dated September 21, 2026, U.S. semiconductor volatility has reached bubble-era levels, with the three-month rolling realized volatility median at 0.69, followed by the tech sector at 0.5, and software and services at 0.4, while financials remain at just 0.17. UBS also flagged rising cash flow dilution risks as mega-cap technology companies' capital expenditure share of total U.S. capex is projected to exceed 30% in 2026, up from under 5% in 2015. The bank identified com
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02:30
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SK Hynix ADR Added to Nasdaq Semiconductor Index, Drawing $5B in Passive Capital

According to U.S. asset managers, SK Hynix ADR (SKHY) was added to the NYSE Semiconductor Index (ICESEMI) on September 22, roughly one year ahead of market expectations. As of September 18, iShares Semiconductor ETF (SOXX) held 8.17 million shares worth $1.53 billion, representing 3.32% of the fund and ranking 13th among 30 holdings, ahead of TSMC at 3.05%. Direxion's leveraged semiconductor ETF (SOXL) also added 2.38 million shares valued at $445 million. Combined passive fund inflows exceeded
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02:30
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S&P 500 Tech Sector PE Ratio Hits 3-Year Low of 21x, Down from 32x in October 2024

According to Yahoo Finance, the S&P 500 technology sector's price-to-earnings (PE) ratio fell to approximately 21x as of September 21, down from 32x in October last year. The valuation level is now comparable to that seen in November 2022 when OpenAI first launched ChatGPT. Keith Lerner, chief investment officer of Truist Wealth, noted that while risks remain regarding circular financing and new model development pace, the tech sector currently offers investors a relative investment opportunity.
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02:30
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USD/KRW Trade at 1,365.00 Won Confirmed as Deal Miss, Canceled at 9:03 AM KST

According to Yonhap Infomax, a USD/KRW trade executed at 1,365.00 won at 9:03 AM KST on September 22 was confirmed as a deal miss and subsequently canceled by Seoul Foreign Exchange Brokerage. The erroneous transaction was mutually agreed to be reversed. As of 9:13 AM, USD/KRW was trading in the late 1,360s won range.
02:26
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South Korean Commercial Banks Surge Bond Issuance 79% in September Ahead of Corporate Deposit Maturities

According to the Financial Investment Association, South Korean commercial banks surged issuance of bank bonds and CDs in late September (as of Sept 21) in anticipation of matured deposits from Samsung Electronics and SK Hynix. The two chipmakers had accumulated 64 trillion and 53 trillion Korean won respectively in cash and cash equivalents by mid-year. As of Sept 21, commercial banks issued 10.86 trillion won in bank bonds, up 79% from August's 6.06 trillion won. Major issuers included KB Kook
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02:26
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China's Agricultural Sector Can Handle Super El Niño Event Peaking by Year-End, NDRC Says

According to Li Chao, deputy director of the National Development and Reform Commission's policy research office, meteorological experts forecast a super El Niño event will peak by year-end 2026, with climate impacts extending into summer 2027 and creating significant uncertainty for global food production. Li stated that China's agricultural sector has "the confidence, conditions, and capability" to manage such climate risks.
02:26
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Samsung Electronics and SK Hynix Leveraged ETFs Launch in 29 Days, Weeks Before June 3 South Korean Election

According to The Fact, single-stock leveraged ETFs with Samsung Electronics and SK Hynix as underlying assets completed listing on May 27, 2026, in just 29 days—less than half the average 62-day listing period for ETFs launched in the same timeframe. The listing occurred exactly one week before South Korea's June 3 local elections. The accelerated process followed a January push by former presidential policy chief Kim Yong-beom, who raised the need for such products, and Finance Minister Lee Euk
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02:26
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Microsoft's AI-Enabled Hyderabad Cloud Region Goes Live, Fourth in India

According to Microsoft, the company's Hyderabad cloud region in India went live on September 21, becoming AI-enabled and marking the fourth cloud region in the country. The three-zone architecture facility is part of Microsoft's US$20.5 billion investment commitment to India and will expand Azure and AI services over time. Adani Group, Bajaj Finserv, HDFC Bank, and PB Pay have signed up for the new region.
02:26
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Retail Investor Outflows Hit 13.5T Won in August; Foreign Capital Return Key to Market Recovery

According to E-Daily, on September 22, Kim Hak-kyun, research director at Shinhan Securities, stated that individual investor outflows from South Korea's stock market have reached record levels, with 13.5 trillion won in net outflows in August and 9.8 trillion won withdrawn through September 18. The sharp 38.3% decline over 27 trading days in June-July prompted retail investors to exit the market, with recovery now dependent on foreign investor returns. Kim highlighted that the Middle East confl
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02:25
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BNP Paribas Forecasts Fed Rate Hikes of 25 Bps Each in December 2026 and January 2027

According to BNP Paribas economic team, the Federal Reserve is expected to raise rates by 25 basis points each in December 2026 and January 2027, supported by an improving labor market. The bank said on September 21 that unemployment is showing clear signs of declining toward 4.0%, down from 4.1% in August. Two consecutive hikes would reverse all three rate cuts implemented in 2025.
02:22
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Finland's President and Norway's PM Discuss Ukraine Support and Arctic Security

Finland's President and Norway's Prime Minister held talks Monday evening at the Council on Foreign Relations in the U.S., discussing their countries' support for Ukraine and how the war's conclusion will impact European security. The two leaders also addressed the Arctic region's strategic importance in the current security environment.
02:22
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Alibaba Targets Over 20GW Global Data Center Capacity by 2032

According to Alibaba CEO Wu Yongming at the Cloud Summit today, the company targets global data center capacity operated by Alibaba Cloud exceeding 20GW by 2032, driven by strong AI infrastructure demand. On the same day, subsidiary Pingtouge released its most powerful AI chip, Zhenws V900, delivering three times the computing power of the Zhenws M890.