Gate Crypto Flash News and Market Updates

According to Jin10 Futures, Shanghai Futures Exchange reported mixed warehouse inventory movements on September 28. Alumina warehouse inventory surged 239,693 tons day-over-day, while bitumen factory inventory dropped 38,330 tons, the largest decline among tracked commodities. Diene rubber inventory increased 14,260 tons. Other notable changes included thermal-rolled coil inventory rising 7,658 tons and silver warehouse inventory falling 4,605 kilograms.

According to analyst Darkfost, Bitcoin's short-term holder (STH) MVRV ratio (market value to realized value) rose to its highest level since November 2025 on September 28, reaching 1.15. The increase was driven by Bitcoin's price breakthrough above the $73,100 cost basis for short-term holders, with market momentum strengthening significantly between August and September. The current MVRV ratio of 1.15 indicates short-term holders are averaging 15% profit, with their holdings' market value now e

According to the company, Haozhi Electromechanical's production operations remain normal with orders progressing as scheduled. The company responded to investor questions about order saturation and delivery timelines, confirming that production and delivery are proceeding in an orderly manner.

According to Zhi Tong Finance, the Hang Seng Index closed up 0.54%, or 132.42 points, at 24,642.51 on Sept 28, 2026, with daily turnover of HK$177.48 billion. The Hang Seng China Enterprises Index rose 0.63% to 8,216.84 points, while the Hang Seng Tech Index declined 0.37% to 4,296 points, dragged down by semiconductor and hardware stocks. NetEase (09999) led blue-chip gains, surging 4.86% to HK$189.7 per share. Goldman Sachs noted the company's game pipeline is expected to contribute over 10% i

According to Jinshi Data, Japan's Ministry of Finance proposed on September 28 reducing mid-term government bond auction scale by ¥150 billion for the October-December quarter. The ministry will lower monthly issuance of bonds with maturities between five and eleven years to ¥500 billion, down from ¥650 billion in the current quarter, reflecting improved market conditions as the Bank of Japan continues cutting bond purchases.

The UK Transport Secretary confirmed on September 28 that the government will take over the operation and management of Avanti West Coast rail franchise from March 7, 2027.

Onshore yuan closed at 6.7128 against the U.S. dollar as of 16:30 Beijing time today (September 28), up 3 pips versus the previous trading day's official close and down 3 pips from yesterday's evening session close.

According to CoinDesk, roughly 54 million XRP stolen from Bitget has been transferred out of the original hacker-controlled wallets into new addresses, a pattern often preceding liquidation attempts. The breach involved 103 million XRP initially split across five wallets; two accounts holding around 20 million XRP each were nearly completely drained. Approximately 49 million XRP remains in the original accounts. XRP fell 3% over the past 24 hours to $1.47 but retained a weekly gain of 3%, sugges

According to Farside Investors data, U.S. spot crypto ETFs recorded $308.2 million in combined net inflows on September 25, with Bitcoin funds leading at $134.5 million, followed by Ether ETFs at $87 million and Solana funds at $86.7 million. Bitcoin ETFs accumulated approximately $2.39 billion during the September 21-25 trading week, while Ether and Solana ETFs accumulated $689.8 million and $188.1 million respectively, bringing the three-category total to roughly $3.26 billion for the week.

The Bitwise NEAR ETF received SEC approval and NYSE Arca listing clearance on September 24, 2026, setting the stage for shares to begin trading under ticker NRR on September 29. The spot ETF will carry an annual sponsor fee of 0.75% and holds NEAR tokens directly while pursuing additional returns through staking. NEAR's token price recently reached a one-year high near $5 after gaining over 7% in a single day, according to market reports.

Bitcoin dropped 2% intraday, trading at $82,788 as of September 28.

According to the World Bank's Philippines Public Finance Review released on Monday (Sept. 28), the institution recommends capping unprogrammed appropriations (UA) at 5% of the General Appropriations Act to enhance budget scrutiny and prevent discretionary spending from bypassing normal oversight processes. The proposal comes after UA ballooned in recent years, averaging P769 billion annually (equivalent to 12-15% of budgets), allowing expenditures outside the regular budget framework. The propos

According to Beijing's Shijingshan District police, officers froze 780,000 yuan on September 24 in a cross-border telecom fraud operation targeting Chinese citizens abroad. The case involved multiple victims, including a 53-year-old Beijing resident and overseas students, who were coerced by scammers posing as police officers into transferring funds through cryptocurrency exchanges. The fraudsters falsely claimed victims were implicated in criminal cases and forced them to convert funds into USD

According to World Advanced Chairman Fang Lüe on September 28, VSMC Phase 1 has achieved full customer bookings and the company is accelerating Phase 2 planning, potentially moving toward 28/22nm manufacturing processes. Phase 1 capacity is anticipated to reach full utilization by 2029, producing 44,000 twelve-inch wafer starts monthly. Fang Lüe noted that VSMC is on track to begin limited risk production in Q4 2026, with formal mass production scheduled for Q1 2027. Initial products will includ

According to Macquarie analysis reported by the Australian Financial Review on Sept 28, Australia's building and infrastructure approvals have surged to as high as 11% of GDP, marking the steepest growth since 1973. The construction boom, driven by simultaneous projects including AI data centers, renewable energy infrastructure, and 2032 Brisbane Olympics-related public works, has severely strained labor supply and materials costs, directly fueling inflation. Core inflation rebounded to 3.6% fro

Brent crude oil reached $100 per barrel today, climbing 2.70% intraday.

According to ZhiTong Financial, Robotic Technology (03757) dark board trading opened down 5.96% to 410 HKD per share today (September 28), with trading losses of 1,300 HKD per hand (50 shares). The company's IPO offering price was set at 436 HKD per share ahead of its Hong Kong listing scheduled for September 29.

According to Signal, South Korea's National Pension Service announced on September 28 that it will introduce artificial intelligence starting next year to strengthen oversight of environmental, social, and governance (ESG) activities at invested companies. The AI system will monitor KOSPI-listed companies, KOSDAQ 150 constituents, and approximately 300 firms in which the pension fund holds stakes of 5% or more, including their subsidiaries. The fund will use AI to identify ESG-related issues, as

According to Zhitong Caijing and Livermore Securities gray market data, Kingwong Electronics (03228) is set to list on Hong Kong Exchange on Sept 29. In early gray market trading today, the stock was quoted at HK$65.20, down 6.70% from the IPO price of HK$69.88, resulting in a loss of HK$468 per 100-share lot.

According to Financial News, South Korea's Korea Securities Depository (KSD) and Korea Securities Finance signed a 1 trillion won securities-backed loan agreement on September 28 to ease foreign financial institutions' settlement burden. Under the agreement, if institutional settlement participants fail to make payments, Korea Securities Finance will provide liquidity to KSD using the participant's pledged securities as collateral. The measure aims to reduce cash settlement pressure on foreign f