Gate Crypto Flash News and Market Updates

According to China's central bank on September 29, Deputy Director of the Credit Market Division of the People's Bank of China (PBOC) Che Shiyi announced the coordination of fiscal and monetary policies through combined re-lending and financial subsidy programs to further reduce financing costs for the service sector. In the first half of 2026, the weighted average lending rate for new loans issued by local legal person financial institutions to small and medium-sized private enterprises fell 0.

On September 28-29, Binance began trading five new stocks including Boost Run Inc. (BRUN) and StablecoinX Inc. (USDE) starting 21:30 UTC+8 on September 28. Hong Kong's Securities and Futures Commission and the Accounting and Financial Reporting Council expanded their oversight to include virtual asset service providers' financial reporting and audit work. Strive increased Bitcoin holdings by 1,107 BTC to 27,462 BTC total for $94.5 million, while MicroStrategy added 1,665 BTC and repurchased $152

According to the National Development and Reform Commission (NDRC), foreign visitors' consumption in China rose 27.8% in the first seven months of 2026, the agency announced today (September 29) at a press conference on advancing service sector expansion. Service exports grew 17.1% during the same period, driving a narrowing of the service trade deficit by approximately 16%, the NDRC said.

According to Bank of Korea, the composite business sentiment index (CBSI) for September fell 0.5 points to 99.1 on September 29, marking its first decline in three months. The manufacturing sector was hit harder, with its CBSI dropping 4.3 points to 99.5—the largest monthly decline since September 2022, a four-year low. Small and medium-sized enterprises recorded an even steeper decline of 5.4 points to 94.4, their worst performance in five years since September 2021. The decline reflected reduc

According to Financial News on September 29, South Korean brokerages downgraded target prices for major semiconductor and automotive companies. SK Hynix's target price fell 14.8% to 2.64 million won from 3.10 million won due to currency depreciation and high-bandwidth memory transition, though DS Investment Securities maintained a "buy" rating citing potential Q4 recovery and additional shareholder returns. Samsung Electro-Mechanics faces critical supply shortages in AI server substrates and mul

According to Eugene Investment & Securities report on September 29, Samsung Electronics is estimated to post Q3 operating profit of 103.6 trillion won, up 16% quarter-on-quarter. The Device Solutions (DS) division is expected to contribute 104 trillion won in operating profit, driven by price increases in server DRAM and enterprise SSD, with DRAM and NAND average selling prices rising 17% and 18% respectively. However, the Device eXperience (DX) division is projected to post an operating loss of

China's Ministry of Agriculture outlined its strategy for the 15th Five-Year Plan (FYP) period, emphasizing a dual-wheel approach combining scientific-technological innovation and institutional reform to accelerate agricultural modernization, according to CCTV News. The ministry stated that building a strong agricultural sector requires both technological advancement and systemic reform. On the sci-tech front, the ministry will advance high-level agricultural innovation, deepen integration of te

According to the Ministry of Agriculture at a press conference on September 29, China's grain supply and demand remain in a tight balance, though grain security is adequately guaranteed. Minister Zhang Zhu noted that grain supply structure requires optimization, with abundant staple grain supply but relatively lower feed grain availability.

According to Eugene Investment & Securities, Samsung Electronics' Q3 operating profit is forecast at 103.6 trillion won, up 16% quarter-over-quarter, on September 29. The Device Solutions division is expected to contribute 104 trillion won in operating profit, driven by price increases in server DRAM and enterprise SSDs, with DRAM and NAND average selling prices rising 17% and 18% respectively. The analyst noted that pricing conditions for generic DRAM, NAND, and 2027 HBM negotiations are increa

According to Jin10, Shanghai gold traded at 893.94 yuan per gram in early morning trading on Tuesday, Sept. 29, representing a 2.34 yuan per gram premium over the international gold price of 891.6 yuan per gram.

According to Goldman Sachs via CNBC on September 28, approximately 45% of S&P 500 constituents recorded negative beta over the past three months, indicating an unusual market divergence. On September 21 alone, the S&P 500 index rose 1.5%, yet only 7 constituents hit new 52-week highs while 30 reached new 52-week lows. LPL Financial's Adam Turnquist attributed the negative beta trend to extreme concentration among mega-cap technology stocks, which dominate index weighting. As these few large-cap

NAV Coin fell 10.98% in the past hour, dropping from $0.0443679 to $0.039496. Over 24 hours, the altcoin declined 16.69%, with its market cap at $3,044,284 and trading volume at $9.2. The sharp move reflects broader volatility in the altcoin sector, with traders closely monitoring key support near $0.039 and resistance around $0.046.

According to PANews and SoSoValue data, Solana spot ETFs saw $126.971 million in net inflows yesterday (September 28, U.S. Eastern Time). Bitwise Solana Staking ETF (BSOL) led with $96.544 million in single-day inflows, bringing its historical cumulative net inflows to $1.228 billion, while VanEck Solana ETF (VSOL) recorded $19.978 million in outflows. As of report time, SOL spot ETF total assets under management reached $1.925 billion, with historical cumulative net inflows totaling $1.618 bill

According to Jason Maier, co-founder and Chief Operating Officer of cross-chain trading platform Relay, the team discovered this weekend that its API exposed pending transaction information before execution. MEV searchers exploited this vulnerability to infer on-chain routing paths and frontrun orders, resulting in worse execution prices for Relay users. The exploit occurred between September 12 and 26, with the majority of activity concentrated from September 23 to 26. Searchers extracted appro

According to CFETS-NEX, the CNY interbank funding sentiment index fell 1 point to 47 as of 10:15 on September 29. Large banks, mid-size banks, and non-bank institutions recorded readings of 44, 47, and 49 respectively, each declining 1 point.

According to Kakao, on September 29 the company upgraded Kana-na Consulting Manager, its generative AI chatbot service for KakaoTalk channel operators. The service now generates contextual responses based on user intent rather than relying solely on pre-registered answers, integrating store information, menus, and recent updates. The new version automatically syncs information from channel homepages and feeds into the chatbot without manual editing, and simplified input formats allow AI to gener

On Monday, Kodiak Sciences (KOD) shares surged 178% to $89.92, marking a record single-day gain and highest close since December 2021. The rally came after the company announced that its experimental eye drugs Zenkuda and KSI-501 met primary endpoints in the Phase 3 Daybreak trial, each demonstrating vision gains non-inferior to the 2-milligram formulation of Regeneron's Eylea. Following the results, analysts raised price targets significantly. Jefferies lifted its KOD target to $112 (implying 2

According to CNBC, OpenAI decided not to release its upcoming AI model, GPT-6.1 Astra, on September 28 after determining it did not meet the company's safety standards. Saachi Jain, head of safety systems at OpenAI, stated the company maintains "an extremely high bar" for safety and alignment when shipping models to users. This decision follows an earlier delay of the model over cybersecurity-related concerns.

According to Economic Daily citing industry sources, TSMC plans to establish a second U.S. manufacturing complex in Dallas, Texas, following its Arizona operations. The project would involve building six advanced wafer fabs with an estimated total investment exceeding $265 billion, surpassing the company's current Arizona hub investment. As of September 28, TSMC has not officially confirmed the plan, and supply chain partners reported no formal notification has been issued. The company's Arizona

According to Yonhap Infomax, on Sept 29, the Seoul foreign exchange market's USD/KRW spot MAR rate was quoted at the zero level before 9 a.m., with NDF fixing positions set neutral, indicating balanced positioning among regional market participants heading into the trading session.