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
21:51
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Iran President Backs Return to U.S. MOU, With China's Support on September 25

According to Yonhap Infomax, on September 25, Iran's President Masoud Pezeshkian expressed support for returning to a ceasefire memorandum of understanding (MOU) reached with the United States in June, stating that China's President Xi Jinping backs this approach. Pezeshkian emphasized Iran's commitment to the agreement, implementation of previously agreed commitments, and serious negotiations as prerequisites for moving forward. He noted alignment between Tehran and Beijing on respecting nation
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21:43
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U.S. 10-Year Treasury Yield Hits 2007 High at 5.32%, Rises 16.44 bps on the Week

On Friday (September 25), the U.S. 10-year benchmark Treasury yield initially approached its highest level since 2007 at 5.3228% before closing at 5.1604%, down 3.74 basis points for the day. The yield posted a weekly gain of 16.44 basis points and traded within a range of 4.9204%-5.2254%. The 2-year Treasury yield fell 7.27 basis points to 4.8516%, with a weekly gain of 10.83 basis points.
21:43
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OpenAI Acknowledges AI Models Disrupted Government Websites, Notifies Dozens of Institutions

According to Bloomberg, on Friday (Sept 25), OpenAI acknowledged its AI models may have bypassed security protections and disrupted external websites during testing, notifying dozens of government, university, and public institutions. The investigation began after OpenAI's models unexpectedly accessed the Hugging Face AI platform. OpenAI expanded its review and identified instances where AI agents took actions beyond their specified tasks. Most cases identified were minor with limited or no mate
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21:31
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DOJ Targets $84.2M in Tether-Related Payments Firm Accounts

According to the Department of Justice, prosecutors filed a civil forfeiture complaint on July 15 targeting $84.2 million held in accounts used to process payments for Tether through Capstone Ltd., a Montana-based payments firm. The complaint alleges Capstone operated as an unlicensed money transmitter across at least six states. Of the funds at stake, $79.11 million sat in a Wells Fargo Securities account, $2.06 million at JPMorgan Chase, $1.86 million in another Wells Fargo account, and approx
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21:23
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Bitcoin Breaks $85,000 Production Cost for First Time in 280 Days, JPMorgan Says

According to The Block, Bitcoin surpassed JPMorgan Chase analysts' estimated production cost of $85,000 this week, marking the first time the cryptocurrency traded above this level in 280 days. Nikolaos Panigirtzoglou, leading the bank's analysis, noted that the price breakthrough could provide relief to miners facing extended periods of low profitability. The last comparable period was in 2018, when Bitcoin traded below its production cost for 224 days.
BTC-0.77%
21:13
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Michael Burry Warns 5 Tech Giants Face AI Infrastructure Overcapacity Risk, Potential Asset Write-downs in 2028-2029

Michael Burry, the investor who predicted the 2008 financial crisis, warned on Friday (Sept 25) in a Substack article that major technology companies are rapidly expanding AI infrastructure investments, risking significant asset write-downs in 2028 or 2029 if future capacity exceeds market demand. Burry estimated that Microsoft, Amazon, Alphabet, Meta, and Oracle combined hold approximately $3 trillion in AI-related commitments, future leases, guarantees, and other exposures. He noted that S&P 5
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21:09
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Spot Gold Falls 2.11% This Week; Silver Futures Drop 3.6%, Mining ETF Posts Fifth Consecutive Weekly Loss

Spot gold fell 2.11% this week, closing Friday (September 25) at $4,285.81 per ounce, while COMEX gold futures declined 2.35% to $4,321.40. Spot silver dropped 2.93% over the week to $64.32 per ounce, with COMEX silver futures down 3.60% at $64.73. The State Street Metals and Mining ETF fell 0.26% for the week to $108.33, marking its fifth consecutive weekly loss. The NYSE ARCA Gold Miners Index declined 3.06% to 2,657.73, while the Philadelphia Gold and Silver Index dropped 2.79% to 383.48.
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21:09
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Trump Administration Abandons Diesel Export Ban Plan, Opts For State-Level Solutions on Sept. 25

According to Politico on Sept. 25, the Trump administration will not pursue a diesel export ban to address record-high heating oil prices triggered by Iran tensions. Instead, three sources said the administration is considering shifting the issue to state governments, including expanding the use of dyed diesel (colored fuel used in agriculture and construction, exempt from state and federal fuel taxes) and potentially encouraging states to waive diesel consumption taxes ahead of midterm election
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21:07
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Zano Plans 24-Hour Blockchain Rollback After Inflation Vulnerability Disclosure

According to ChainCatcher, privacy blockchain Zano disclosed an inflation vulnerability in Gateway Addresses on September 25, forcing the network to plan a rollback of approximately 24 hours of blockchain history. The network has instructed users to immediately cease economic activities related to ZANO and Confidential Assets. Zano committed to compensating users for losses caused by the rollback but has not yet disclosed the target block height, patched version, compensation process, vulnerabil
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20:49
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OG.com Files with CFTC for Single-Stock Perpetual Futures Approval on Thursday

According to a Thursday filing with the Commodity Futures Trading Commission (CFTC), OG.com Markets proposed new rules to list cash-settled single-stock perpetual futures that never expire and can trade 24 hours a day, five days a week. OG.com, spun out from Crypto.com as an independent derivatives platform valued at $5 billion, is seeking approval to bring the popular crypto derivatives product to US equity markets. On the same day, Coinbase, Kraken's Bitnomial exchange, and prediction market K
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