Gate Crypto Flash News and Market Updates

Ondo Finance introduced an in-kind conversion system on September 21, allowing eligible institutions to transfer stocks and exchange-traded funds directly into tokenized Ondo Stocks tokens via approved Alpaca accounts. The process also enables institutions to redeem tokens for underlying shares through book transfers. The new route complements Ondo's existing cash-funded model, potentially reducing capital requirements and financing costs. Conversions are available on Ethereum and BNB Chain, res

According to Mark Gurman at Bloomberg on September 21, Apple's long-rumored smart display is being positioned as an AI hub for the home and is expected to launch next month. The device will integrate connected-device controls, video calls, intercom capabilities, and media access while providing access to Apple services and apps. It will run a new operating system built around Siri AI and work in tandem with the iPhone as a personal AI hub.

According to Jin10, Iranian President Masoud Pezeshkian met with Pakistani Interior Minister Mohsin Naqvi on September 21 to discuss deepening bilateral cooperation. The two sides pledged to expand collaboration across trade, economy, tourism, politics, culture, and science, with both nations expressing commitment to leveraging regional potential and advancing their strategic partnership.

According to U.S. Trade Representative Jamieson Greer on Monday, China is advancing its May commitment to purchase 200 Boeing aircraft, with approximately 140 units progressing well and 10 pending documentation as formal orders. However, Greer did not indicate additional orders would be announced during this week's Trump-Xi meeting. Boeing CEO Kelly Ortberg last week stated that future orders will be decided at each airline's own pace, tempering market expectations for major new commitments.

According to Jin10, Federal Reserve official Beth Mussalem indicated on Monday, September 22, that the Fed may need to raise interest rates further to combat inflation, citing strong demand and commodity price shocks extending beyond oil. Mussalem stated that without additional policy measures, inflation could remain significantly above the Fed's 2% target in 18 months, rather than achieving it. She emphasized that earlier, gradual policy tightening is preferable to later, larger, and potentiall

Venice's native token VVV hit a fresh all-time high of $34.51 on September 21, up roughly 17% in the past 24 hours. The token has climbed around 3,500% since bottoming out at $0.92 last December, with its market cap now near $1.6 billion, making it the third-largest AI-focused cryptocurrency after Near and Tao.

According to Sensor Tower, Meta's Muse personal AI agent app garnered 730,000 downloads in its first five days following its September 8 launch, topping ChatGPT, Claude and Grok on Apple's iOS free app store as of Monday. The Muse app, powered by Meta's Muse Spark family of AI models, is positioned as a tool for consumers to manage digital assistants capable of performing tasks across the web, such as filling out forms and organizing emails.

WTI October crude futures fell $4.52 today, a drop of over 4.5%, closing at $95.78 per barrel. Abu Dhabi Murban crude futures declined 5.7% to $111.20 per barrel. Meanwhile, NYMEX October natural gas futures settled at $2.8360 per million British thermal units, gasoline futures at $3.4699 per gallon, and heating oil futures at $4.8895 per gallon.

According to the Shanghai Gold Exchange, gold T+D contracts closed 0.34% lower at 938.1 yuan per gram on Monday evening (September 21), while silver T+D contracts fell 0.65% to 16,041 yuan per kilogram.

Shanghai Futures Exchange crude oil December 2611 futures fell 2.27% overnight to 714.30 yuan per barrel. Shanghai gold also declined 0.39%, while Shanghai silver dropped 0.70% in the same session.

Paramount Global's Chief Executive Officer David Ellison announced that the merger between Paramount and Warner Bros. Discovery (WBD) has completed judicial (court) approval.

The Philadelphia Semiconductor Index rose 4% intraday to 12,399.01 on September 21. Among major components, Intel surged 11.94%, AMD climbed 8.85%, and Qualcomm gained 8.46%. Micron rose 2.82%, Nvidia added 2.24%, ASML increased 1.99%, TSMC gained 1.78%, and Broadcom climbed 1.18%.

Brazilian President Luiz Inácio Lula da Silva stated that if negotiations with the United States fail to produce a trade agreement, Brazil will be forced to take equivalent counter-measures in response.

According to Jin10, on September 21, EU member states reached consensus to extend sanctions against Russia for 36 months. The agreement will maintain sanctions against over 3,000 Russian individuals and entities for an extended period, while removing two Russian entrepreneurs from the sanctions list. This extension period is notably longer than the typical 6 to 12-month renewal cycles previously used, as the EU aims to prevent future disagreements among member states from derailing sanctions ren

According to multiple sources on September 22, the UK has nearly agreed to support Saudi military operations against Houthi armed attacks. British Prime Minister Burnham is inclined to provide defensive assistance that the UK considers necessary. The UK may supply aerial refueling support to Saudi forces and plans to encourage other nations to take similar measures. UK officials believe assisting Saudi forces against Houthis will help stabilize the region and reduce threats to shipping in the St

According to FutureBit, on September 13, the company demonstrated HashFly, a browser-based Bitcoin miner that simulates activity across 2,914 neural pathways from a digital map of an adult male fruit fly's brain. While the current experiment runs on conventional hardware and lacks competitive hash rates, FutureBit estimated that if scaled to real organic neurons, the system could achieve approximately 1 watt per terahash—roughly 10 times the efficiency of leading 3-nanometer ASIC miners. A separ

According to Al Jazeera, prediction market odds for Iran imposing Hormuz transit fees by October 31 have declined to 10.5% from 24% within a week, as the country faces severe energy shortages. The Iranian government has implemented measures including reduced office hours and increased remote work to manage the crisis, fueled by military strikes on energy infrastructure and disruptions in the Strait of Hormuz. Market participants interpret the government's focus on domestic crisis management as i

The Federal Aviation Administration (FAA) extended the ground stop at Newark Liberty International Airport through 2:45 p.m. Eastern Time today.

According to Sunrun and Tesla, more than 140,000 household batteries discharged into California's grid on the evening of Sept. 9, peaking above 580 megawatts during a three-hour window as a heat wave lifted demand. About 110,000 Tesla Powerwall batteries supplied 517 megawatts, with Sunrun owning or operating 55% of those units; Sunrun also deployed over 30,000 batteries from other manufacturers, adding 63 megawatts. The companies described the coordinated discharge as their largest residential

Arm Holdings shares surged approximately 16% on Monday, becoming the top gainer on the Nasdaq-100, as Meta's newly launched Muse AI agent sparked renewed interest in central processing units (CPUs), according to investing.com. Meta is the lead partner and co-developer of Arm's new AGI CPU, designed for agentic AI infrastructure. Arm stated that CPU requirements are increasing by at least fourfold as application workloads become increasingly agent-driven.