Gate Crypto Flash News and Market Updates

According to ChainCatcher, Kazakhstan's government is pushing to use associated gas from oil fields to power cryptocurrency mining and revive the industry affected by power constraints. President Kassym-Jomart Tokayev signed a decree in July requiring the development of mechanisms for enterprises to conduct digital mining using associated gas. The country's associated gas reserves could generate 1.2 to 1.3 terawatts of electricity, according to Daniyar Mubarakov, head of the Blockchain and Digit

According to CNBC, SpaceX plans to launch its Starship rocket early Monday morning from Starbase, Texas, targeting orbit entry for the first time. The 75-minute launch window begins at 8:15 a.m. ET, or 7:15 a.m. local time. The Federal Aviation Administration issued a license authorization for SpaceX Starship Super Heavy Flight 14 launch operations on September 26. With this 14th test flight, SpaceX also plans to deploy 26 of its new Starlink V3 satellites into orbit. The previous 13 test flight

According to U.S. Treasury data, foreign investors net purchased $942 billion in U.S. stocks and investment funds over the 12 months through July, marking the highest 12-month cumulative figure since records began in 1985. In the second quarter alone, overseas investors net bought $426 billion in equities and related funds, up 62% from the same period in 2025, surpassing the previous single-quarter record of $299 billion set in Q2 2022. In contrast, foreign demand for U.S. Treasury bonds softene

According to Yonhapinfomax, the Korean won weakened to 1,361.20 per dollar on September 28, up 3.70 won from the previous Seoul close and 4.20 won from the New York close, as U.S. Treasury yields and the dollar index surged. The dollar-won rate reached an intraday high of 1,362.30 won during morning trading. During the Chuseok holiday period, U.S. Treasury yields climbed significantly: the 2-year yield rose 10 basis points and the 10-year yield rose 20 basis points to breach 5.2%. However, expor

According to the Financial Times, European Union countries are considering adopting a joint response mechanism similar to NATO's collective defense framework to counter Russian hybrid attacks. The potential mechanism aims to coordinate EU-wide defense against coordinated adversarial activities.

According to Binance, Binance Wallet now supports using USDT to pay gas fees on September 28. The feature is available on BNB Chain, Ethereum, Solana, and TRON.

According to foreign media, India's central bank likely intervened in the forex market on Monday (September 28), as the rupee faced pressure from rising oil prices following stalled U.S.-Iran diplomatic talks and month-end corporate fund flows. The rupee was trading at 95.93 against the U.S. dollar. The central bank's intervention helped the rupee hold above the 96 level, a pattern observed over the past two weeks. Senior traders noted that daily intervention reflects the central bank's aim to e

According to PANews citing Digital Asset, Circle announced on September 28 it is recruiting a Senior Ecosystem Growth Director based in South Korea to expand its stablecoin ecosystem in the region. The role will focus on developing market entry strategies, partnering with local financial and digital asset industry players, and identifying use cases for USDC and related infrastructure. Circle's July market report indicated the company prefers collaborating with local Korean won stablecoin issuers

According to his recent Substack post, Michael Burry said the Trump administration has little room to let the AI boom weaken, as AI infrastructure has become a critical pillar supporting the U.S. economy. "Trump and his team know that the AI narrative and the buildout is the only thing keeping this economy going," Burry wrote, adding "They cannot afford to let it fall." Burry has recently established short positions on Nvidia, Oracle, Palantir, Nebius, Micron, and CoreWeave, with Oracle, Palanti

According to The Wall Street Journal on Sept. 26, senior employees at AI safety company Anthropic have been quietly planning to purchase land in remote U.S. areas and build hidden shelters as a contingency in case of AI failures. The employees have disclosed their plans to peers in recent weeks, with the intention to relocate their families should advanced AI systems spiral out of control. Additionally, Anthropic staff have been discussing doomsday scenarios in internal Slack channels and have a

The U.S. Dollar Index is currently trading at 101.12, up 0.08% during the trading day.

According to Jin10, Japan's 2-year government bond yield approached 1.975% on Monday (September 28), marking its highest level since 1995, as investors increased bets on further Bank of Japan rate hikes. The yield rose 4 basis points during the session. Other maturities also came under pressure, with the 5-year yield climbing 3 basis points to 2.43%. Market participants are increasingly pricing in expectations of faster BOJ tightening amid growing concerns about yen weakness among domestic and i

According to ING, the Reserve Bank of Australia (RBA) is expected to raise its benchmark interest rate by 25 basis points to 4.6% at its policy meeting on September 29. ING cited persistent inflation risks and a resilient labor market as key reasons for the rate hike. The bank noted that Australia's second-quarter GDP growth and recent inflation data came in above expectations. While housing market shows signs of cooling, strong labor demand continues to support rate increases. Rising oil prices

According to Mirae Asset Securities, top-performing investors—those in the top 1% of profit margins over the past month—made Samsung Electronics their top net purchase on Sept 28 morning. The stock fell 4.38% to 273,000 Korean won as of 11:39 a.m., amid concerns over prolonged geopolitical tensions, high oil prices, and elevated interest rates. Some investors viewed the decline as a buying opportunity at lower valuations. LG Innotek ranked third among net purchases, rising 7.85% to 577,000 won,

According to NADA News, Japan's Digital Commodity Innovation Organization (DCIO) announced on September 25 that it will commence full operations on October 1. The organization, led by Chairman Katsu Eiji with Chief Advisor Kuroda Haruhiko, was established as a legal entity in July after evolving from the Digital Asset Forum founded in 2020. DCIO will focus on standardizing deposit token-based digital asset and payment infrastructure, bringing together financial institutions, corporations, and lo

According to Yahoo Finance, the U.S. labor market exceeded forecasts in August, with nonfarm payroll additions reaching 162,000, significantly surpassing the expected 53,000. The market now awaits September employment data this week to determine if economic momentum will sustain. Wall Street economists project an average 100,000 job gain for September, though forecasts vary widely—BNP Paribas expects 90,000, while Bank of America estimates 60,000. Meanwhile, the University of Michigan Consumer S

According to Guru Club, on September 28, OpenAI is preparing to launch a personal AI assistant named 'o' to compete with Meta Muse. The company has already added the 'o' branding to ChatGPT Pro product documentation, signaling an imminent official release. The product is expected to debut at the developer conference on September 29.

According to securities exchange filings, Vietnam's largest conglomerate VINGROUP established a subsidiary focused on oil and gas trading on September 28.

According to Reuters and other media outlets, Israeli Prime Minister Benjamin Netanyahu visited Abu Dhabi on September 27, meeting with UAE President Mohamed bin Zayed Al Nahyan. Netanyahu traveled on a private jet belonging to an Israeli businessman and returned to Israel the same day, according to reports from Israeli public broadcaster, U.S. news outlet Axios, and Reuters citing anonymous officials. Both Israel's Prime Minister's Office and the UAE's Foreign Ministry declined to comment on th

According to Deutsche Bank's September 25 report, tech stocks rose 14 percent since late July, while the rest of the S&P 500 declined 3 percent. Tech stock positioning stands at the 80th percentile, below the 99th percentile peak recorded in early June. Over the past three months, stock funds experienced a net outflow of $10.2 billion, marking the first outflow in three months, while bond funds saw inflows of $17.3 billion.