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.
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22:08
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Neosapiens Lists on KOSDAQ with 31.6B Won IPO at 15,800 Won per Share Today

According to E Daily, Neosapiens, an AI voice generation company, listed on KOSDAQ on September 21 with IPO proceeds of 31.6 billion won. The offering price was set at 15,800 won per share, valuing the company at approximately 192.7 billion won post-listing. The general subscription round recorded a competition ratio of 1,047.78-to-1, while institutional investors saw a ratio of approximately 220-to-1 during the demand forecast process.
22:08
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South Korean District Heating Co. Leads 2026 Dividend Rankings With 8.69% Yield

According to the South Korean financial investment industry on September 20, Korean District Heating Co. (071320) tops year-end dividend season rankings with an expected dividend yield of 8.69% for 2026, followed by AJ Networks (095570) at 8.33%. Investment securities firms including NH Investment Securities (005940) and Samsung Securities (016360) are also posting dividend yields in the 7–8% range at 7.99% and 7.98% respectively. The District Heating Co.'s expected dividend per share (DPS) for
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22:08
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South Korean Biotech IPOs Fall Short as Underwriting Prices Slide, Institutional Commitments Drop to 0.17%

According to industry sources, South Korean biotech companies' initial public offerings this month fell short of fundraising expectations as underwriting prices were set below or at the lower end of intended ranges. Digital healthcare firm SkyLabs priced its IPO at 10,000 won, below its target range, when listing on Kosdaq on September 4, while drug developer Ingeniaterapeutics set its price at 12,000 won, at the lower end of its range last month. Institutional investor commitment ratios plummet
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22:07
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South Korea's Stock Exchange Launches After-Hours Trading; VI Surges 1,637 Times on First Day

According to Daily An, South Korea's stock exchange (KRX) launched after-hours trading on September 14, operating from 4 p.m. to 8 p.m. after regular market close. On the first day, the volatility interruption mechanism (VI) triggered 1,637 times, roughly four times higher than the 400 occurrences during regular trading hours. The exchange cited liquidity constraints and thin order books as contributors to the price swings, with some small-cap stocks fluctuating over 20% in the after-hours sessi
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22:01
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SpaceX Starship Test Delayed to Sept 28; Retail Investors Net-Sell $570M in Stock Amid Pullback

According to JPMorgan, retail investors net-sold $570 million in SpaceX stock over the past three weeks, marking the largest weekly selloff on record at $250 million. The selling pressure follows SpaceX's decision to delay its 14th Starship test flight from September 22 to September 28. SpaceX stock declined over 1% on the announcement. The upcoming orbital test flight will mark Starship's first full orbit, with plans to circle Earth six times over approximately 10 hours and deploy 26 Starlink V
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21:58
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CME FedWatch: October Rate Hike Probability at 56.5%

According to CME FedWatch, as of September 20, market pricing indicates a 56.5% probability of a 25 basis point rate hike at the October FOMC meeting, with a 43.5% chance of no change. Looking further ahead, through December, markets price in a 46.6% probability of cumulative 25bp hikes, a 33.3% probability of 50bp cumulative hikes, and a 10.2% probability of rates remaining unchanged.
21:56
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China's Coffee Imports Surge 65% Annually, Straining Supplies Amid Climate Risks

According to the International Coffee Organization and Value Purchasing Research Institute, China's net coffee imports soared 65.7% annually from 2020 to 2024, reaching 213,300 tons in 2024—a 7.5-fold increase in four years. Meanwhile, arabica futures prices swung 30% in six months, trading from $2.42 to $3.20 per pound as climate concerns mount. Global coffee-producing regions face structural headwinds. Key producers including Brazil, Vietnam, Ethiopia, and Indonesia experienced 57 more extreme
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21:56
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South Korea FX Experts Set 1,300-1,350 KRW/USD as Optimal Rate; 70% View Won Strength as Positive

According to an emergency survey by Seoul Economic of 20 foreign exchange experts on September 20, the 1,300-1,350 KRW/USD range was identified as the optimal exchange rate, with 7 experts citing this band as most appropriate. Fourteen of the 20 respondents (70%) assessed won strength as positive for the domestic economy, citing benefits including import price stability and improved household purchasing power. Experts also warned of risks from rising U.S. 10-year Treasury yields, which hit 5.02%
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21:56
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Foreign Investors Dump 11.16 Trillion Won in Semiconductors, Buy Financial Stocks Past Week

According to Korea Exchange, foreign investors sold 11.16 trillion won worth of shares this past week, with SK Hynix leading net sales at 4.56 trillion won, followed by Samsung Electronics at 3.86 trillion won. Analysts attribute the shift to macro uncertainties including U.S. interest rate hikes and Middle East tensions rather than fundamental concerns. Foreign buyers shifted focus to financial stocks, energy shares, and defense-related names. Gaon Electric saw the largest net inflows at 126.7
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21:56
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China's Coffee Imports Surge 65.7% Annually as Global Production Regions Shrink

According to KVPI representative Kim Soo-chul, China's coffee imports grew an average of 65.7% annually from 2020 to 2024, reaching 213,300 tons in 2024—a 7.5-fold increase in four years. Meanwhile, the world's top coffee-producing regions face structural challenges from climate change, creating supply constraints amid soaring demand. New York arabica coffee futures fluctuated over 30% in six months, trading between $2.42 and $3.20 per pound as of mid-September 2026. The International Coffee Org
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21:56
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KOSPI Expected to Trade Between 6,400-7,500 This Week Amid U.S.-China Summit and Rate Hike Concerns

According to NH Investment Securities, South Korea's KOSPI index is expected to fluctuate between 6,400 and 7,500 this week (September 21-23) as external risks mount ahead of the Chuseok holiday break (September 24-25). Key variables include a U.S.-China summit scheduled for September 24, ongoing Middle East tensions, and lingering effects from recent U.S. interest rate increases. The KOSPI closed last week at 6,894.23, down 0.23% from the previous week, as foreign investors sold 8.76 trillion w
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21:56
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South Korea's Active Stock ETFs Hit 14.14 Trillion Won in September, Up 2.6x Year-over-Year

According to the financial investment industry, South Korea's active stock ETFs' net assets surged to 14.14 trillion won on September 16, up 2.6x from 5.42 trillion won at the end of last year. The product count reached 88 funds as of this month, compared to just 58 at end-2025. The inflow reflects rising demand for active management strategies amid prolonged market volatility. In the past month (August 18–September 18), retail investors recorded significant net purchases in products such as KOD
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21:56
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Samsung Electronics and SK Hynix to Complete Share Buybacks by Mid-October, Up From November Plan

According to South Korea's stock exchange, Samsung Electronics and SK Hynix are accelerating their share buyback programs and expect to complete purchases by mid-October rather than the originally planned November. Samsung Electronics has purchased 39.8 million shares (74.69% of its 53.28 million-share target) for a cumulative 10.31 trillion won, while SK Hynix has bought 14.15 million shares (58.79% of its 24.07 million-share target) for 24.39 trillion won. Combined purchases have reached 34.7
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21:55
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KOSPI Declines 0.23% to 6,894 Ahead of U.S.-China Summit; Foreign Investors Sell 8.76 Trillion Won

According to Korea Exchange, KOSPI fell 0.23% to 6,894.23 points last week, with foreign investors executing net sales of 8.76 trillion won as the market navigates U.S. interest rate pressures and anticipation of this week's U.S.-China summit on Sept 24. The index initially dropped over 3% to the 6,600 level following Houthi threats to Red Sea shipping, which pushed international crude oil above $100 per barrel and U.S. 10-year Treasury yields to 5% for the first time in 19 years. Foreign sellin
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21:41
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Iran's Military Drones Down Orbital Reconnaissance Aircraft on September 20

According to China Central Television (CCTV), Iran's military downed an advanced orbital reconnaissance drone over the Strait of Hormuz on September 20 at 6:30 PM local time. The Iranian air defense forces used a domestically developed defense system to destroy the aircraft in the southeastern region.
21:31
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Trader Garrett Jin Closes ZEC Short Position with $36 Million Loss

Gate News message, trader Garrett Jin has closed his ZEC short position after maintaining it for three months, resulting in a realized loss of $36.13 million. Following this closure, his lifetime profit and loss now stands at negative $12.77 million. Jin currently maintains a long position in 1,330 BTC valued at $107.77 million, showing an unrealized gain of $3.71 million.
BTC-0.20%
21:28
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Iran's President Plans UNGA Address on Wednesday, Will Outline Stance Against U.S.-Israeli Aggression

According to Reuters and Iranian state media, Iran's President Pezeshkian plans to address the United Nations General Assembly on Wednesday, September 21, where he will outline Iran's position on international developments, particularly regarding what he describes as aggression by the United States and Israel against Iran. A high-level delegation will accompany him, and he is scheduled to hold bilateral meetings with multiple world leaders during the session.