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
08:43
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CoinSwitch Revenue Jumps 150% Year-on-Year to $33.8M, Reaches Profitability

According to CoinSwitch, the Indian crypto investing and trading platform's FY26 revenue surged 150% year-on-year to 3.2 billion rupees ($33.8 million) on September 29, with the company reaching profitability on an adjusted EBITDA basis. Adjusted EBITDA climbed to 863.8 million rupees ($9.02 million) from 16.5 million rupees ($172,000) in FY25, while the adjusted EBITDA margin expanded to 27% from 1%. Operating costs rose 37% to 2.7 billion rupees ($28.2 million). The Bengaluru-based platform of
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08:40
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Grayscale Files Zcash High-Yield ETF Application with SEC

According to Cryptopolitan, Grayscale submitted an application to the U.S. Securities and Exchange Commission (SEC) on September 29 for a Zcash high-yield ETF designed to generate income through selling call options on Zcash exchange-traded products.
08:38
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Trump Hosts AI Leaders at White House as Nasdaq Futures Hold Steady, 10-Year Yield Hits 5.23%

On Tuesday, President Trump and House Speaker Mike Johnson hosted AI executives including Nvidia's Jensen Huang, Anthropic's Dario Amodei, and Palantir's Alex Karp at the White House to discuss AI regulation, infrastructure spending, and national security. U.S. stock futures remained subdued in early Tuesday trading. As of 4:00 a.m. ET, Nasdaq, S&P 500, and Dow Jones futures were flat, while Russell 2000 futures declined 0.1%. The cautious tone reflects rising Treasury yields, with the 10-year T
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08:37
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Strait of Hormuz Oil Flows Recover to 12.8M Barrels Per Day in September

According to Kpler data, crude exports through the Strait of Hormuz recovered to approximately 12.8 million barrels per day in September, though still below pre-conflict levels. Middle Eastern regional shipments reached around 16.3 million barrels per day this month, compared with roughly 19.5 million barrels per day before the conflict began in February. Saudi Arabia led the recovery, with its crude exports increasing sharply during September. The kingdom has also restarted its East-West Pipeli
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08:37
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South Korea Restructures Virtual Asset Crime Unit Into Major Crimes Prosecution Division Ahead of Oct. 2 Launch

According to the Ministry of Justice announcement on Sept. 29, South Korea's prosecutorial system underwent reorganization effective Oct. 2, with the Virtual Asset Crime Joint Investigation Division restructured into the Major Crimes Prosecution Division 3. The former Virtual Asset Crime Joint Investigation Division at Seoul Southern District Prosecutors Office is renamed the Major Crimes Prosecution Division 3 under Seoul Southern Regional Public Prosecutors Office, with incumbent chief prosecu
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08:31
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Hong Kong Stocks Close Lower on Sept. 29; Hang Seng Index Drops 0.48%, Real Estate and Biotech Surge

According to Zhitong Finance, on Sept. 29, the Hang Seng Index declined 0.48% or 118.94 points, closing at 24,523.57 points with daily turnover of 184.63 billion Hong Kong dollars. The Hang Seng China Enterprises Index fell 0.46% to 8,178.81 points, while the Hang Seng Tech Index dropped 1.08% to 4,249.62 points. U.S. Treasury yields remained elevated, with investors monitoring a series of U.S. economic data releases this week. Property stocks surged following the State Council's announcement on
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