Gate Crypto Flash News and Market Updates

According to Goldman Sachs analyst Chris Cha's report on September 23, South Korean retail investors are directing funds toward crypto markets, making KOSPI's future upside increasingly reliant on foreign institutional capital and domestic institutions' repositioning. Spot trading volume on Upbit, South Korea's largest exchange, surged 136% to $1.817 billion by September 22, compared with $770 million on June 13, now accounting for over half of the five major platforms' combined daily volume of

According to official XRPL 3.4.1 release notes, the XRP Ledger issued an emergency security patch on September 28 to fix protocol-level issues ahead of the October 9 activation of its Batch upgrade. The update introduces a new amendment called fixBatchV12, which has already gained supermajority validator support. Servers failing to upgrade to xrpld 3.4.1 before activation will become amendment blocked and lose network synchronization. The release also fixes a vulnerability rejecting Batch inner

According to the official XRP Seoul 2026 speaker list, representatives from Woori Bank, Kakao Bank, Kyobo Securities and Kbank will join Ripple President Monica Long and other Ripple executives on October 3 at Grand Hyatt Seoul. The conference agenda features sessions on institutional adoption of XRPL, tokenized assets, institutional DeFi, RLUSD cross-border payments and institutional XRP management. Woori Bank will be represented by senior manager Seunghoon Han, while Kakao Bank is sending mana

According to Korea Exchange, Shinra ESG, a food company that manufactures CJ CheilJedang's Max Bong fish sausage, fell below the 200 billion won market cap threshold on September 28, triggering delisting conditions. Trading was halted starting September 15. The company had applied for pre-consultation with Korea Exchange's Konex market division on September 11 to transfer to Konex market without a liquidation trading process, which could make it the first Kosdaq-listed company to transition unde

According to the virtual asset industry, multiple meme coins inspired by 'Bukangi,' a shark that appeared at Busan's North Port waterfront park, were issued and traded on the Pump.fun platform as of September 28. One coin named 'Bukangi,' launched on September 20, was trading at $0.00126142 with a market cap of $1.26 million as of 2 p.m. on September 28. Multiple variants including 'bukangi,' 'Bukang Shark,' and 'Baby Bukangi' also emerged on the platform. Market participants warned that meme co

According to Samsung Active Asset Management, KoAct High-Dividend Active ETF's net assets surged to 625 billion won on September 28, just two months after its July 28 listing. Individual investors accumulated net purchases of 23.92 billion won since launch, with a return of 4.12%. The ETF distributed 82 won per share for September with a distribution rate of 0.8%, with payments scheduled for October 2.

According to Jin10, U.S. Treasury Secretary Besent stated on September 28 that China had proposed a broader bilateral trade agreement. China's Foreign Ministry spokesperson Guo Jiakun responded during a regular press briefing that relevant details about the eighth round of China-U.S. trade consultations have been shared by the competent departments, and suggested further inquiries be directed to them.

According to BlockBeats citing GMGN data, Solana-based Meme coin e/acc surged 212% in 24 hours to break a $13 million market cap on September 28. Trading volume reached $26.3 million.

According to Lookonchain, a newly created wallet (0x80Fa) withdrew 10,390 QNT from Coinbase today (September 28), valued at approximately $2.87 million.

According to Guru Club, on June 4, Singapore's benchmark equity index fell 1.2% to close at 5,076.81 points.

According to business sources, Nvidia CEO Jensen Huang will meet Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won in New York on September 28, approximately two months after their previous meeting in San Francisco in July. Lee and Chey are scheduled to attend the Korean Association's annual dinner that evening, where Huang will be recognized as the Van Fleet Award recipient. The companies are pursuing cooperation on high-bandwidth memory, with discussions reportedly c

According to spokeswoman Guo Jiakun at China's Foreign Ministry daily briefing, the country reiterated its unwavering support for Cuba's sovereignty and opposition to external interference. The statement comes as China and Cuba mark 66 years of diplomatic relations, with the Foreign Ministry emphasizing that Beijing will continue supporting Cuba's pursuit of a socialist development path suited to its own conditions.

According to Jin10 Futures, on September 28, Dalian Commodity Exchange released daily warehouse receipts data for chemical futures contracts. Polyvinyl chloride (PVC) warehouse receipts stood at 118,642 units, down 882 units from the previous trading day. Polypropylene warehouse receipts decreased 585 units to 26,149. Styrene warehouse receipts fell 400 units to 1,774. Polyethylene, ethylene glycol, and liquefied petroleum gas warehouse receipts each remained flat at 4,245, 8,991, and 2,576 unit

According to South Korea's Deputy Prime Minister Lee Hang-il, on September 28, digital asset taxation will begin on January 1, 2027, as already mandated under current tax law. During a parliamentary hearing, when asked whether he would take responsibility if preparations were insufficient, the deputy prime minister responded affirmatively. Lee noted that approximately 90 percent of investors aged 20–30 hold positions valued below 5 million Korean won, suggesting their tax burden would be minimal

According to BlockBeats citing HTX market data, altcoins pulled back in the afternoon of September 28 after morning gains, with leading tokens significantly surrendering profits. QNT fell from $304 to $278, with gains narrowing from 103% to 59%. JASMY gains contracted from 16% to 4%, while IMX fell from 17% to 6%. ORCA, NMR, ONDO, and NIGHT, which rose approximately 10% early in the session, saw gains compressed to single digits. W, CETUS, JUP, SUI, MET, WOO, and CVX also gave back 24-hour gains

According to CryptoQuant analyst Axel Adler Jr., bitcoin experienced an average daily net outflow of 16,100 BTC over the past 7 days as of September 27, marking the fastest pace since October 2025. With bitcoin trading near $83,000, the data indicates exchange reserves are contracting as more bitcoins are withdrawn for self-custody or other purposes.

According to China's Ministry of Foreign Affairs, spokesman Guo Jiakun stated today on September 28 that China's position and policy on the Korean Peninsula issue maintain continuity and stability. The statement came during a regular press briefing, following recent exchanges between Chinese and U.S. leaders on major international and regional issues of common concern.

According to China's Foreign Ministry spokeswoman Guo Jiakun on Sept 28, the ministry declined to publicly reveal which UN secretary-general candidate China will support. When asked whether China favors Costa Rica's former vice president Grindspun or Guyana's UN ambassador Rodriguez-Burkhart, Guo stated that China will select a candidate who upholds the UN Charter, demonstrates capability, maintains integrity, and takes responsibility. "China will participate in the UN secretary-general election

Spot silver fell to $61 per ounce today, marking a 5.15% intraday decline.

According to China's Foreign Ministry spokesperson Guo Jiakun on September 28, Beijing expressed willingness to maintain communication with the United States through AI government-to-government dialogue channels. The statement reaffirms China's commitment to participating constructively in global AI governance while pursuing a stable China-U.S. relationship based on mutual respect and equal treatment.