Gate Crypto Flash News and Market Updates

According to The Block, Ethena on September 25 added tokenized U.S. stocks to its USDe basis trading strategy, using Binance bStocks as collateral while employing Binance stock perpetual futures contracts for delta-neutral hedging. The protocol's risk committee had previously approved tokenized equities for the configuration. Binance stock perpetual futures currently hold over $2.9 billion in open interest with a 105% month-over-month composite growth rate. Ethena reported that basis trades aver

According to BusinessWire, BitGo appointed Greg Cipolaro as Head of Research and launched a new research unit for institutional clients on September 24. Cipolaro joined through BitGo's August acquisition of NYDIG's institutional trading business, where he previously served as Global Head of Research. BitGo Research will provide market commentary, thematic reports and data-led analysis covering digital asset markets and industry trends.

According to Rappler, on Friday, September 25, President Ferdinand Marcos Jr. suspended excise taxes on liquid petroleum gas (LPG) and kerosene via Executive Order No. 125, effective immediately upon publication. The suspension lasts up to three months and was triggered by Dubai crude oil reaching $99.41 per barrel, exceeding the $80-per-barrel threshold. Gasoline and diesel were excluded from the tax relief. The Development Budget Coordination Committee and Department of Energy will review the

According to CNBC, Federal Reserve Chair Kevin Warsh raised rates by 25 basis points in September, marking the first rate increase since 2023. Warsh, 127 days into his tenure, is gradually shifting the Fed's policy framework to de-emphasize traditional forward guidance and instead focus on broader financial conditions including asset prices, Treasury trading, dollar exchange rates, credit conditions, and commodity prices. The new framework leaves room for further rate increases amid inflation re

According to BlockBeats, on September 25, UBS Chief Investment Officer Mark Haefele said the market is pricing the Federal Reserve's tightening path too aggressively. While federal funds futures show a 70% probability of a rate hike in October following the 10-year Treasury yield breaking above 5.1%, UBS's base case remains that the Fed hikes once more in December, then holds rates steady thereafter. UBS forecasts the U.S. Bureau of Economic Analysis annual revision will lower core PCE inflation

Spot gold touched $4,310 per ounce today, climbing 0.83% in intraday trading on September 25.

According to Binance's official announcement, the exchange has added 25 new stocks to its Spot trading platform. The expansion also introduces custom price alerts and improved charting tools, as part of Binance's broader strategy to enhance its traditional finance offerings.

In recent public remarks, Ripple CEO Brad Garlinghouse acknowledged that XRP is not universally the optimal solution for every cross-border payment scenario, and stablecoins can sometimes solve payment problems more effectively. He stated, "It could be that XRP is the best bridge asset for that purpose," framing the asset's utility as conditional rather than default. Garlinghouse also clarified he is not an XRP maximalist and personally holds multiple cryptocurrencies including Solana (SOL). He

On October 1, Google will launch four Trillium TPUs aboard SpaceX's Transporter-18 rideshare mission from Vandenberg Space Force Base as part of Project Suncatcher, according to the company. The prototype satellite, roughly refrigerator-sized and developed with Planet, will enter a dawn-dusk sun-synchronous low Earth orbit. Google's core premise is that satellites in near-constantly sunlit orbits can harvest up to eight times more solar power than equivalent ground-based arrays. The company has

According to PANews, Magic Eden disclosed on Sept 25 that a vulnerability was discovered in Payment Processor V2, an NFT trading protocol maintained by Limit Break. The protocol was used by Magic Eden for EVM market settlements in 2024 but was discontinued in October 2024. Magic Eden closed its EVM market entirely in Q1 2026, so current listings are unaffected. However, NFTs listed on Magic Eden's EVM market between February and October 2024 may be at risk. Magic Eden recommends users who previo

According to CoinDesk, on September 25, altcoins rallied broadly as Bitcoin consolidated near $84,000. CoinMarketCap's altcoin seasonality index climbed to 56, marking a significant rise from 45 one week prior and 38 one month earlier, and reaching the highest level in over three months. Bitcoin entered a consolidation phase after rising from below $63,000 in August to nearly $87,000 earlier this week, prompting capital rotation into altcoins. Tokens including Chainlink (LINK), ICP, and Bittenso

According to Reuters, Volkswagen was removed from the Eurostoxx 50 blue-chip index on September 22, marking its first exclusion in 15 years. The automaker's stock has plummeted more than 75% from its 2021 peak, with market capitalization shrinking to approximately €38 billion as of September 22. On September 18, Volkswagen cut its full-year operating margin guidance to a maximum of 1% from the prior range of 4–5.5%, citing €10 billion in expected one-time charges including €6 billion in Porsche-

According to Fox News, on September 24, Iran's President Masoud Pezeshkian said Supreme Leader Ayatollah Khamenei is in good health and governance functions normally. Speaking in an exclusive interview, Pezeshkian said he met with Khamenei more than a month ago for a seven-hour discussion, and that Iran's policy guidelines are set by the Supreme Leader.

Underdog has deployed the Eventus Validus trade surveillance platform to monitor trading activity on its federally regulated prediction market exchange, which launched in July. The surveillance system is already active across Underdog's markets and provides automated tools for identifying trading patterns that may require compliance review. Nick Thompson, Chief Compliance Officer at Underdog Exchange, stated the platform allows the exchange to tailor alerts and monitoring procedures to its marke

According to Foresight News, Lava Network's chain migration proposal will go live and open voting on September 28 at 20:00.

According to TradingBeats monitoring, whale 0xb7e0 initiated XPL long positions starting Sept 23 around 0.085 USDT and continued accumulating via TWAP orders, completing its position build by Sept 25 evening. Three hours post-completion, XPL reversed sharply upward. As of Sept 25, XPL traded at approximately 0.1141 USDT, up 30.9% from the whale's entry price, with the position valued at approximately 3.409 million USDT and unrealized gains of approximately 804,500 USDT, representing a 308.9% pos

According to Korea Exchange, on September 22, combined aftermarket trading volume of KRX and NXT exceeded 4.2 trillion won for the first time. KRX contributed 1.77 trillion won while NXT accounted for 2.46 trillion won. KRX's evening market volume grew 17.2% from its opening day on September 14, representing the highest level since launch. The expansion of tradable securities across both exchanges drove broader market participation, with evening trading surging 39.7% week-over-week compared to a

Russia's Presidential Press Secretary stated that while economic cooperation with the United States could be mutually beneficial, no such cooperation currently exists.

According to Coinglass data, if Ethereum drops below $2,576, cumulative long position liquidations on major centralized exchanges would reach $1.154 billion. Conversely, if ETH breaks above $2,822, cumulative short liquidation strength would reach $691 million.

According to the Korea Federation of Banks consumer portal on September 24, South Korean banks are experiencing a shift of retail funds from stock markets toward savings products as households deploy holiday bonuses and discretionary capital. Fixed deposits are now offering rates up to 3.95% annually at Gwangju Bank, while select savings accounts exceed 13.5% annual returns. Jeonbuk Bank's 'JB Super Seed Savings' product advertises a maximum rate of 13.5% with performance incentives, followed by