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
10:26
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South Korean Bank Deposits Surge as Fixed Savings Rates Hit 13.5% on September 24

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
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10:26
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AI Infrastructure Investment Shifts From GPU to CPU and Memory, Boosting Samsung and SK Hynix Valuation

According to KB Securities analyst Kim Dong-won on September 24, artificial intelligence infrastructure investment is rapidly pivoting from graphics processing units (GPU) to central processing units (CPU) and memory semiconductors, potentially reshaping the strategic value of Samsung Electronics and SK Hynix. The shift is driven by expanding AI agent adoption, which requires increased inference computing beyond traditional generative AI. This growing demand is expected to boost requirements for
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10:22
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Meta Stock Hits $777.59, Up 26.8% Since Muse Launch as Rivals Lose $35bn Combined

Between Meta's Muse AI agent launch on September 8 and market close on September 24, Meta stock climbed from $613.48 to $777.59, according to Nasdaq historical data, gaining 26.8% or roughly $416 billion in market capitalization. Over the same period, Charles Schwab, LPL Financial, Booking Holdings, and Expedia collectively shed approximately $35 billion in market value, with retail brokerages repricing sharply on September 22 and travel equities following on September 23. Amazon blocked Muse fr
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10:22
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Parcl V4 Integrates PRCL Token, Cross-Chain Support Now Live

According to Foresight News, Parcl V4 has integrated PRCL token on Parcl Chain, with cross-chain support for USDC and PRCL. Following the closure of closed-alpha testing, whitelisted users will be able to bridge PRCL tokens into the chain from day one. The platform's development network is building out PRCL staking and validator infrastructure, with PRCL serving to secure the network. The company noted additional infrastructure is still under construction, with further details to be disclosed.
10:22
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Nebius Raises Token Factory Inference Prices 18.3% From October 1

According to Stocktwits reporting on September 23, Nebius will raise prices on Token Factory, its managed inference platform, by an average of 18.3% on pay-as-you-go dedicated endpoints starting October 1. H100 capacity rises from $4.05 to $4.70 per hour (+16%), H200 from $4.70 to $5.60 (+19%), B200 from $7.40 to $8.70 (+18%), and B300 from $8.10 to $9.70 (+20%). Nebius has not issued a formal announcement; the changes are confirmed through customer communications.
10:22
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xAI Releases Grok 4.7 with 500,000-Token Context Window on September 21

According to xAI, on September 21, the company released Grok 4.7 via API, featuring a 500,000-token context window and four reasoning levels. The model supports function calling, structured outputs and image inputs. Pricing doubles above 200,000 input tokens, rising from $2 to $4 per million input tokens and $6 to $12 per million output tokens.
10:21
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Iraq Cuts Basra Crude Oil Prices on Sept 25 to Attract Buyers Amid High Shipping Costs

According to sources on Sept 25, Iraq's state-owned marketing company cut prices for Basra medium and heavy crude oil to attract buyers, citing elevated shipping costs and geographic disadvantages relative to the Strait of Hormuz. The country relies on trading companies to market and transport its crude, offering significant discounts in recent tenders to incentivize purchases.
10:15
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HKEx to Accept Chinese Government Bonds as Collateral in Derivatives Trading from November

According to Jin10, on September 25, Hong Kong Exchanges and Clearing Limited (HKEx) announced that its subsidiaries, Hong Kong Futures Clearing Company Limited and Hong Kong Options Clearing House Limited, will accept Chinese government bonds, policy financial bonds, and offshore bonds issued by China's Ministry of Finance as eligible non-cash collateral to meet margin requirements from November 2026, subject to regulatory approval. The move aims to expand the use cases of Chinese government bo
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10:14
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Dell VP Warns Memory and HDD Shortages Could Persist Over 5 Years as AI Agents Drive Sustained Infrastructure Demand

According to Dell Technologies VP and COO Jeff Clarke, memory and hard drive (HDD) shortages could persist for over five years if artificial intelligence agent workloads continue growing rapidly, signaling a structural expansion rather than a short-term hardware replenishment cycle. During recent discussions with Morgan Stanley, Clarke indicated that AI agent-driven hardware demand differs fundamentally from past cycles, where supply pressures typically lasted only a few quarters. Dell forecasts
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10:03
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South Korean Bitcoin Trades at 0.49% Discount to Binance on September 25

According to Digital Asset data from September 25 at 6:30 PM KST, Bitcoin traded at an average 0.49% discount (kimchi premium) across South Korea's four major exchanges—Upbit, Bithumb, Coinone, and DigitalEx—compared to Binance. Ethereum, XRP, and USDT also traded at discounts of 0.45%, 0.49%, and 0.49% respectively on the same exchanges.
BTC1.75%
ETH2.86%
XRP6.57%
10:02
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Senate Rejects Resolution Limiting Trump's Iran War Powers 50-49 Vote on September 25

The U.S. Senate voted 50-49 to reject a resolution restricting President Trump's war authority against Iran on September 25, according to reports. The measure sought to require the president to withdraw U.S. military personnel from hostile operations against Iran. Separately, two sources revealed that Trump and House Speaker John Johnson will meet with executives from major artificial intelligence companies at the White House next Tuesday.
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10:01
0

Kalshi Sports Contracts Face Regulatory Battle as Court Rulings Conflict; New Jersey Seeks Supreme Court Review

According to Odaily, two federal appeals courts recently issued conflicting rulings on whether states can regulate Kalshi's sports event contracts, with New Jersey seeking U.S. Supreme Court review. The core dispute centers on whether such contracts qualify as federally regulated financial derivatives or fall under state gambling laws. Kalshi derives approximately 70% of its daily trading volume from sports events. If states gain regulatory authority, Kalshi could face state taxes ranging from 1
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09:58
0

ZEC Whale Re-establishes $12.18M Long Position Today After $2.03M Profit

According to BlockBeats, on September 25, a whale address (0x152e...) re-established a Zcash (ZEC) long position today by accumulating 7,882.7 ZEC for approximately $12.18 million, one day after liquidating its previous position for a $2.03 million profit. The new position carries an average entry price of $1,545.26 and is currently valued at approximately $12.53 million with unrealized gains of $348,000.
09:56
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US 10-Year Treasury Yield Reaches 5.18% on Thursday, Exceeding Rental Property Returns for First Time Since 2007

According to FRED economic data, the US 10-year Treasury yield-to-maturity closed at 5.11% on Wednesday and advanced to 5.18% on Thursday, marking the highest relative profitability advantage over rental property investments since July 2007. Nick Gerli, CEO of a real estate data firm, noted that Treasury yields above 5.1% now outpace the 4.8% single-family home rental cap rate, as negative housing spreads make government bonds more attractive than real estate cash flow investments.