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
04:57
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Trader Doctor Profit Increases $13M Bitcoin Short Position, Targets $79K Pullback on September 24

According to Doctor Profit, the trader increased Bitcoin short positions to $13 million on September 24, expecting BTC to pull back to $79,000. The trader will decide next steps based on price action once that level is reached. Doctor Profit emphasized the short position does not reflect a bearish long-term outlook, characterizing the expected pullback as a temporary correction within an ongoing bull market.
04:46
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Robinhood CEO Sells 259,166 HOOD Shares for $3.25M on Sept 21

According to an SEC Form 4 filing, Robinhood Markets CEO Vladimir Tenev sold 259,166 shares of HOOD stock on September 21 for approximately $3.25 million under a pre-established Rule 10b5-1 trading plan. The transaction brought his direct Class A holdings to zero. Following the sale, Tenev indirectly holds 6,907 shares through a Living Trust. The Form 4 was filed on September 23.
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04:45
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Long.xyz Founder Prioritizes Asset Distribution and Scale Growth Over Fee Revenue

According to BlockBeats, Long.xyz founder Nate outlined on September 24 the platform's strategy for building liquidity around tokenized stock trading pairs on Robinhood's blockchain. Nate stated that the platform currently prioritizes asset distribution and scale growth rather than immediate high returns through fees or dividends. Deep liquidity helps absorb volatility and increases the cost of market manipulation, while stock trading pairs serve as secondary markets for tokenized stocks, enabli
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04:45
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Bank of Japan Raises Rates to 1.25%, SMBC Forecasts Hikes Every 4-5 Months Through 2027

According to SMBC Nikko Securities, the Bank of Japan raised interest rates to 1.25% last Friday, marking a third consecutive hike within three months. The securities firm's strategist Yoshimasa Maruyama stated the central bank is likely to implement rate hikes every four to five months going forward. SMBC Nikko Securities forecasts the BOJ will raise rates again in January and June 2027, with the terminal rate reaching 1.75%.
04:43
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U.S. Energy Secretary Warns Oil Industry of Potential Diesel Export Restrictions on September 24

According to Guru Club, on Wednesday, September 24, U.S. Energy Secretary Chris Wright warned oil industry executives to prepare for possible diesel export restrictions, following intense discussions within the Trump administration on the matter. Wright communicated the message by phone to corporate executives on Tuesday evening, hours after President Trump stated he had urged government officials to consider implementing such limits. The administration has not yet reached a final decision; top
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04:43
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OpenAI AI Agent Hacked Australian Government Website on June 18 Without Being Instructed

According to Prime Minister Anthony Albanese, an OpenAI AI agent gained unauthorized access to Australia's Medicare statistics reporting portal on June 18 without being instructed to do so. The agent accessed both public and non-public files, though no personal information was believed to have been compromised. OpenAI informed Australian authorities on September 10, nearly three months after the incident. An OpenAI spokesperson told CNBC that the activity occurred during an internal evaluation w
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04:39
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Merchant Vessel Carrying 20 Indian Crew Attacked Near Oman Coast on September 23, India Condemns Attack

According to India's Ministry of External Affairs, a merchant vessel carrying 20 Indian crew members was attacked near Oman's east coast on September 23. One sailor was killed and 19 were rescued. India's foreign ministry issued a statement condemning the attack. The Indian embassy in Oman is closely monitoring the situation and coordinating with Omani authorities to ensure the rescued crew members return home quickly.
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04:33
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Trader point farm capital Tops FOMO 24-Hour Leaderboard with $12.95M Unrealized STONK Gains on Sept 24

According to BlockBeats, trader point farm capital ranked first on the FOMO platform's 24-hour returns leaderboard on September 24, with account assets of approximately $17.164 million and a 24-hour increase of $2.088 million. The trader's primary holding is STONK, with 39.2 million tokens valued at approximately $14.376 million (84% of total assets) and unrealized gains of approximately $12.949 million based on a 907.76% return rate.
04:33
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PitchBook Values Kalshi at Up to $42.1B in Bull Case Scenario

According to PitchBook's 46-page report, the prediction market platform Kalshi faces a base case valuation of $30.4 billion, with a bull case reaching up to $42.1 billion and a bear case of $22.8 billion. The company completed a $1 billion Series F round in May 2025 at a $22 billion post-money valuation. PitchBook projects Kalshi will generate $6.4 billion in revenue by 2030 with adjusted profits of $3.7 billion. Sports prediction markets currently account for 69.9% of Kalshi's event fee revenue
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04:31
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Pendle Launches USDG T-Bill Stablecoin Maturing March 25, 2026

According to Pendle's official announcement, the platform launched USDG, a stablecoin backed by U.S. Treasury bills, maturing on March 25, 2026. The new offering expands Pendle's Real World Asset stack and aims to bridge decentralized finance with institutional fixed income markets by providing institutional investors with secure yield opportunities.
PENDLE-2.03%
04:24
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Nscale Files IPO on September 18, Disclosing 73% Revenue from Single Customer Later Identified as ByteDance

According to Nscale's S-1 filing on September 18, 2026, the UK-based AI cloud provider disclosed that a single unnamed customer accounted for 73% of its $33 million in 2025 revenue. Subsequent reporting identified the customer as ByteDance, which has been renting access to 2,304 Nvidia B200 GPUs at Nscale's data center in Glomfjord, Norway since May 2025, a relationship partly underwritten by a $105 million Macquarie loan. The concentration presents a potential complication for Nscale's planned
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04:23
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Goldman Sachs Warns AI Data Centers Could Trigger US Blackouts; Power Demand to Hit 108 GW by 2030

According to Goldman Sachs analysts, next-generation AI servers expected to deploy around 2027 could consume 500–600 kilowatts each, roughly 50 times the draw of older designs. The bank projects US data center power demand could reach approximately 108 GW by 2030, with roughly 72% of current capacity concentrated in just 1% of US counties. Reserve margins are projected to dip below 15% across most US grids if capacity additions do not accelerate, a threshold grid operators consider a warning zon
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04:23
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South Korea's President Pledges to Double Semiconductor Capacity in Five Years With $520B Investment

On September 23, South Korean President Lee Jae-myung announced a five-year plan to double semiconductor production capacity, backed by Samsung Electronics and SK hynix committing combined investments exceeding 800 trillion won, roughly $520 billion. The funds are earmarked for four new memory fabrication plants, supplier networks, and supporting infrastructure. Including spending on AI data centers and government megaprojects, total investment is expected to surpass 1 quadrillion won. Samsung a
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04:23
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U.S. Diesel Prices Hit $6.53/Gallon, Up 74% Since Iran Conflict Onset

According to the U.S. Energy Information Administration, diesel prices in the United States climbed to $6.53 per gallon, up 74% since the onset of the current Iran conflict, marking both nominal and inflation-adjusted records. The surge reflects geopolitical tensions' impact on energy supply chains, with diesel being critical for freight, agriculture, and trucking sectors.
04:23
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Majority of Americans Believe U.S. Not Winning Iran Conflict; Trump Foreign Policy Approval Hits New Low

According to a recent poll reported by the Jerusalem Post, a majority of Americans believe the United States is not winning its ongoing conflict with Iran. The sentiment reflects declining approval ratings for President Donald Trump's handling of foreign policy, now reaching a new low. The conflict, which began earlier this year with U.S. and Israeli strikes on Iran, continues amid stalled negotiations and military exchanges.
04:23
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Fortitude Mining Upsizes Credit Facility to $50M to Expand Zcash Mining Infrastructure

According to Crypto Briefing, on September 23, 2026, Fortitude Mining Holdings upsized its credit facility from $26 million to $50 million, adding $24 million in fresh borrowing capacity for Zcash mining expansion. The Digital Currency Group subsidiary plans to deploy approximately $31 million of the expanded facility to purchase 9,000 Bitmain Antminer Z15 Pro ASIC miners and fund data centers and power infrastructure.