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
22:31
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S&P 500 Falls 0.2%, Dow Drops 0.3% on Tuesday as Treasury Yields Surge

On Tuesday, the S&P 500 ended 0.2% lower at 7,670.84, while the Dow Jones Industrial Average declined 0.3% to 51,349.92, pressured by elevated Treasury yields amid concerns over persistent inflation and government spending. The Nasdaq 100 added 0.2% to 30,339.33, with semiconductor stocks rising about 1.5%. The U.S. Department of Energy issued a Request for Proposal for an exchange of up to 40 million barrels of crude oil from the Strategic Petroleum Reserve, continuing a 172-million-barrel rele
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22:31
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Tesla Secures $30 Billion Credit Facilities on September 29 for AI and Robotaxi Investment

According to regulatory filings submitted on September 29, Tesla has secured $30 billion in credit facilities, comprising a $20 billion three-year delayed draw term loan, an $8 billion five-year revolving credit facility, and a $2 billion 364-day revolving credit facility. The company has not drawn on these new facilities and currently has no plans to draw in 2026, but will use the funds to support future investments in AI, autonomous driving, Robotaxi, humanoid robots, and manufacturing expansi
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22:31
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Luodao Industrial Files for Main Board Listing on Hong Kong Exchange on September 29

According to Hong Kong Exchanges and Clearing disclosure on September 29, Luodao Industrial Holdings submitted a main board listing application to the Hong Kong Exchange, with China International Capital Corporation and CITIC Securities as joint sponsors. The company is a global precision temperature control technology provider and the world's largest thermal runner system supplier by revenue, commanding approximately 12.5% of the global thermal runner system market in 2025, according to Frost &
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22:31
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China Zenith Chemical Announces Strategic Partnership with SciSleep for Sleep-Themed Hotel Services

According to Zhitong Financial, on September 29, China Zenith Chemical Group Holdings Limited (08237) announced the signing of a memorandum of understanding with SciSleep Sleep Technology (Shenzhen) Co., Ltd. regarding potential strategic cooperation on sleep-health themed hotels and accommodation services. Under the MOU, the two parties plan to explore phased cooperation to develop, test, and commercialize sleep-health accommodation services at the group's Kaga Hanatsubaki Hotel in Japan.
22:29
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Oracle Launches Fusion Cloud AI Agent Runtime, Unveils 25 New Apps; Stock Rises 3.91% on Sept. 29

According to Oracle official statement on Sept. 29, Oracle launched 'Fusion Cloud,' an AI agent runtime combining advanced AI inference with enterprise computing capabilities, and unveiled 25 new agentic applications. The expansion brings Oracle's agentic application portfolio from 75 to 100 total. The new applications are designed to autonomously perform research, calculations, simulations, and continuous planning modifications. Oracle's stock closed up 3.91% at $137.79 on the New York Stock Ex
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22:25
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KB Securities Raises TC KEM Target Price to 360,000 KRW on NAND Demand Growth from AI

According to KB Securities on September 30, the South Korean brokerage raised its target price for TC KEM from 300,000 Korean won to 360,000 won while maintaining a Buy rating. The firm expects the company to benefit from increased NAND demand driven by agentic AI adoption following Meta's launch of its personal AI service Muse. Analyst Lee Chang-min at KB Securities forecasts TC KEM's Q3 revenue at 106.3 billion won with operating profit of 32.8 billion won, with Q4 revenue estimated at 113.9 b
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22:25
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Strive Adds 1,107 BTC in One Week, Total Holdings Reach 27,462 BTC

According to Guru Club, last week, Strive added 1,107 BTC at an average cost of $85,396 per coin, bringing total holdings to 27,462 BTC. The purchase required $94.5 million in capital, while warrant exercises generated an additional $12.4 million. Including warrant proceeds, 85% of total funding came from SATA.
BTC0.42%
22:25
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Bitmine's ETH Holdings Surpass 6 Million; Added 17,362 ETH in Past Week

According to Guru Club citing Bitmine disclosure, as of September 27, Bitmine's total ETH holdings exceeded 6 million, with the company adding 17,362 ETH over the past week. The ethereum treasury company holds 6,001,302 ETH valued at $16.2 billion, representing 4.9% of ethereum's total supply. Bitmine's total crypto assets, cash, and securities reached $17.2 billion, including 5,067,309 staked ETH worth $13.7 billion. The company has been accumulating ETH weekly since launching its ethereum rese
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ETH0.20%
22:22
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Trump Meets Tech Executives, Signs AI Review Agreement on September 29

According to Xinhua News Agency, on September 29, President Trump met with multiple technology executives at the White House to discuss artificial intelligence development. The group signed an agreement document that includes provisions for internal and external review of AI technologies, which Trump later shared on social media.
22:19
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Trump May Announce Korea's $350B U.S. Investment Plan on September 30, Including $22.3B Texas Gas Power Plant

According to foreign media on September 29, U.S. President Trump may announce as early as September 30 South Korea's strategic investment plan in the U.S., with its first project being a $22.3 billion natural gas combined-cycle power plant in Onsinas, Texas. The project is part of Korea's $350 billion investment commitment made last year, of which $200 billion is allocated for strategic investments. The Texas facility is designed to meet rising electricity demand from data centers and semiconduc
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22:19
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Heungkuk Securities Cuts Hotel Shilla Price Target to 55,000 Won From 65,000 Won on Sep 30

According to Heungkuk Securities, on September 30, the brokerage downgraded Hotel Shilla's 12-month price target to 55,000 Korean won from 65,000 won, citing slower-than-expected duty-free sales recovery despite a surge in inbound visitors. The investment rating was maintained at 'Buy.' Analyst Park Jong-ryul noted that duty-free sales growth remains limited despite favorable operating conditions from increased foreign tourism. For Q3, Heungkuk estimates Hotel Shilla's consolidated revenue at 97
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22:19
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Heungkuk Securities Cuts Hotel Shilla Target Price to 55,000 Won on Slow Duty-Free Recovery

According to Heungkuk Securities on Sept 30, the brokerage cut its target price for Hotel Shilla from 65,000 won to 55,000 won, citing slower-than-expected recovery in duty-free sales despite increased foreign tourist arrivals. The brokerage maintained its 'buy' rating. Analyst Park Jong-ryul noted that while the increase in foreign visitors creates a positive business environment, duty-free sales growth remains limited and the company needs to improve profitability and enhance shareholder value
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22:18
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U.S. Inflation Held Above Target for 5.5 Years, Fed's Goolsbee Says "Playing with Fire" on Sept 30

According to Guru Club, Federal Reserve Governor Austen Goolsbee said on Sept 30 that U.S. inflation has remained above the Fed's 2% target for 5.5 years, describing the situation as "playing with fire." Goolsbee characterized the current environment as "unpleasant" and warned that the Fed may need to reconsider its previous policy logic of overlooking supply shocks if such disruptions produce long-term effects.
22:15
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Fed Governor Barr Says Further Rate Hikes May Be Needed, Warns 2% Inflation Target at Risk on September 30

According to Guru Club, Federal Reserve Governor Barr said on September 30 that further rate hikes and policy recalibration may be needed. Barr stated that inflation remains a critical issue, and the Fed has been forced to deviate from its 2% target. The central bank has not seen a clear trend of inflation returning to 2%, increasing risks to achieving the inflation goal. Barr also projected that GDP growth in the second half of the year will be slightly higher than the 2% pace seen in the first
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22:15
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Saudi Arabia Restores Oil Pipeline to 3.5M Barrels/Day; U.S. to Release 40M Barrels

According to Jin10 data on September 30, international crude prices stabilized following a weekly decline as Saudi Arabia restored its East-West Pipeline output to at least 3.5 million barrels per day, roughly half of the pipeline's capacity. Simultaneously, the U.S. announced plans to release an additional 40 million barrels from its strategic petroleum reserve as the government addresses rising fuel prices ahead of the midterm elections. The release represents the final batch of the 172 millio
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