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
14:15
0

South Korea's KOSPI Trading Volume Plunges to Yearly Low in September at 21 Trillion Won

According to Korea Exchange, South Korea's KOSPI market average daily trading volume in September reached approximately 21 trillion won, marking the lowest level for the year. This represents a more than 50% decline from June's peak of roughly 50 trillion won. Retail investors have been net sellers, unloading 1.6 trillion won on September 22 alone as the index recovered toward the 7,000 level. Analysts attribute the sustained sell-off to profit-taking and break-even selling by retail investors w
More
14:14
0

Guizhou Governor Convenes AI Entrepreneur Forum, Pledges Stronger Support Policies on September 23

According to Guru Club, Guizhou Governor Li Bingjun convened an AI entrepreneur forum on September 23, announcing stronger and more targeted support policies. The province aims to leverage its advantages including stable power supply, leading computing infrastructure, and diverse application scenarios to boost enterprise innovation. Key initiatives include enhancing computing power coordination, opening public data and application scenarios across education, healthcare, and media sectors, and st
More
14:10
0

Fed Governor Barr Signals Further Rate Hikes May Be Needed on Sept 23; 16 of 18 Officials Expect Increases Through 2026

According to BlockBeats, Federal Reserve Governor Barr signaled on September 23 that further rate hikes may be needed to ensure timely return to the 2% inflation target, with the Fed in a disadvantageous position but having moved in the right direction. A Fed dot plot reinforced the hawkish message, with 16 of 18 officials expecting at least one additional rate hike through 2026, and 4 anticipating two hikes.
More
14:08
0

KB Securities Signs MOU with Securitize and Optimism to Launch Tokenized Products on OP Mainnet

According to Optimism, KB Securities signed a memorandum of understanding (MOU) with Securitize and Optimism today (September 23) to launch tokenized financial products for Korean institutional investors on OP Mainnet. Initial offerings include a tokenized money market fund and a fund based on KB Asset Management's flagship strategy. The three parties plan to explore tokenized stocks, ADRs, corporate bonds, and Korean government bonds as South Korea's tokenized securities regulatory framework de
More
OP4.44%
14:06
0

Bitwise: 15 Major Institutions Held Crypto Through 50% Market Drawdown Without Reducing Positions

According to Bitwise's inaugural institutional crypto adoption report, during the period from Q4 2025 to Q2 2026 when the crypto market retreated approximately 50%, none of the 15 surveyed large institutions reduced their crypto asset allocations, with some increasing holdings. All surveyed institutions held Bitcoin, viewing it primarily as a store of value and hedge against currency devaluation alongside gold. The report shows crypto allocations ranged from 0.5% to 13% of investable assets amon
More
BTC-0.64%
14:06
0

Bitwise Report: All 15 Large Institutions Held Bitcoin, Zero Reductions During 50% Crypto Drawdown

According to Bitwise's inaugural institutional crypto adoption report released September 23, all 15 surveyed large institutions maintained their crypto allocations and none reduced holdings during the approximate 50% market drawdown from Q4 2025 through Q2 2026. All surveyed institutions holding crypto assets own Bitcoin, viewing it as a store of value and hedge against currency depreciation alongside gold. Crypto allocations among surveyed institutions range from 0.5% to 13% of investable asset
More
BTC-0.64%
14:01
0

High-Yield Token Narrative Could Make Crypto Bull Market Simpler, Says Ignas

According to DeFi researcher Ignas on X platform, if the 'high-yield token' narrative persists, the current bull market could become one of the easiest to participate in. Ignas recommends focusing on projects with high and growing revenue, where returns flow back to token holders via dividends or buybacks, and those with valuations low relative to holder income. Tokens like HYPE, LIT, and PUMP represent straightforward trading opportunities, with the next step being to identify undervalued emerg
More
HYPE-0.15%
LIT14.96%
PUMP-7.27%
14:01
0

U.S. Tech Stocks Mixed on September 23; SK Hynix Down 1.57%, Nvidia Slides 0.24%

According to MSX.COM, major U.S. tech stocks showed mixed performance on September 23. Most popular tech names declined, with SK Hynix falling 1.57%, Oracle down 1.01%, SpaceX dropping 1.32%, and Amazon sliding 0.92%. Nvidia fell 0.24%, Google-A dipped 0.6%, Broadcom declined 0.77%, and Intel lost 0.73%. In contrast, Tesla rose 0.79%, Meta gained 0.7%, Microsoft advanced 0.58%, and Dell Technologies-C surged 2.35%. Apple climbed 0.35%, while TSMC slipped 0.5%.
14:01
0

Bitaxe Naja Duo Now in Stock, Achieves 1.6x Energy Efficiency of Bitaxe Gamma

According to Bitcoin News on X, Bitaxe Naja Duo is now in stock and available for shipment from the United States. The device achieves 4.4 TH/s hashrate with 42 watts power consumption, delivering 1.6x the energy efficiency of Bitaxe Gamma. Bitaxe Naja Duo is the first Bitaxe model to feature multiple BM1373 chips and is assembled in the United States.
More
BTC-0.64%
14:00
0

SC Crude Oil Futures Rise 5.16% Intraday to CNY 731/Barrel

SC crude oil futures contracts surged intraday today, with the main contract rising 5.16% to CNY 731 per barrel. Low-sulfur fuel oil (LU) gained 3.00% to CNY 5,525 per tonne, while fuel oil climbed 3.26% to CNY 4,250 per tonne. Asphalt edged down 0.22% to CNY 4,978 per tonne.
14:00
0

McDonald's Announces $8.5B Investment Plan for Restaurant Upgrades Through 2036

According to CNBC, McDonald's announced on Wednesday new financial targets and a $8.5 billion investment plan through 2036 to accelerate franchisees' investment in restaurant improvements and employee training. About $5 billion of the support will be deployed through 2030. The company projects efficiency improvements will generate roughly $100,000 in additional annual cash flow per U.S. location, with payback expected within four years. McDonald's targets operating margins in the low-to-mid 50%
More