Gate Crypto Flash News and Market Updates

According to BlockBeats, on September 20, whale 58bro.eth bought prediction positions on Polymarket betting that Bitcoin will not fall below $70,000 or rise above $95,000 by the end of September, investing approximately $18,000 total. Simultaneously, the trader expanded BTC short positions on Hyperliquid from 88.75 BTC to 105.25 BTC over the past three days, maintaining combined BTC and ETH shorts worth $26.137 million. Historical data shows 58bro.eth achieved 100% win rate on 19 BTC and ETH mon

According to market data, Backpack token BP broke through $0.60 and is trading around $0.64, up 12.9% over the past 24 hours. The token's market capitalization rose to approximately $160 million.

According to Jin10 and East China Credit Research, China's LPR rates for both tenors remained unchanged on September 20, with potential rate cuts possible as the central bank weighs additional stimulus measures. The research noted that despite economic momentum slowing in the second quarter, monetary policy remains in an observation phase. East China Credit expects the central bank may implement policy-driven rate cuts, which would lead to corresponding LPR adjustments.

According to CoinGlass, the crypto derivatives market recorded $81.61 million in liquidations over the past hour, with long positions accounting for $76.94 million and short positions $4.68 million. Among major assets, Ethereum saw $25.98 million in liquidations, followed by Bitcoin at $24.39 million and Solana at $7.65 million.

According to ChainCatcher, Paraguay's authorities in the Upper Parana Province dismantled two illegal crypto mining facilities within a week, seizing 35 ASIC mining machines. On September 17, authorities shut down one operation that was illegally drawing power through unmetered circuits, confiscating 10 machines with associated costs and fines totaling approximately $30,000. A separate operation conducted on September 12 resulted in the seizure of 25 additional machines.

According to Beating, DeepSeek clarified its API pricing rules on September 20, extending off-peak rates (50% of peak pricing) to all makeup workdays and statutory holidays. For example, today and October 10 (both makeup work Saturdays) are charged at off-peak rates. For deepseek-flash, off-peak rates are 1 yuan per million tokens for cache miss input and 4 yuan for output, compared to 2 yuan and 8 yuan during peak hours. DeepSeek introduced this tiered pricing on August 17.

According to Goldman Sachs research, the SEC on September 17 issued five-year conditional registration exemptions allowing specific exchanges and liquidity providers to offer tokenized stock trading in the United States. The exemptions require automated market maker (AMM) order books, limit eligibility to natively tokenized stocks, and grant issuers veto rights before trading begins. Goldman Sachs noted that Coinbase, whose tokenized stock product already incorporates most exemption features, st

According to Lido governance forum, on September 18, Lido completed the wind-down of its Simple DVT Module's regular clusters. Eligible node operators have begun receiving the first tranche of transition grants of 0.175 stETH per participant. The DAO had approved the shutdown earlier this year with approximately 57.4 million LDO in support and no votes against. The wind-down does not signal abandonment of distributed validator technology, but rather represents infrastructure evolution as Lido's

Toyosa, a Bolivian Toyota vehicle dealership, announced during the 2026 Santa Cruz International Expo that customers can now purchase Toyota vehicles using Bitcoin. Bitcoin joins Bolivianos, US dollars, and USDT as payment methods. Towerbank provides transaction processing, while digital asset custodian BitGo supplies technical infrastructure and security services. Toyosa previously added USDT as a payment option in 2025.

According to South Korea's financial authorities, on September 20 the government will issue authoritative guidance clarifying which circumstances qualify for first-time homebuyer mortgage benefits (LTV) even when applicants have prior property ownership history. The criteria will cover unavoidable cases such as inheriting residential shares during childhood or holding development sales rights that never materialized due to project cancellation. Financial regulators set LTV rates at 70% for Seoul

According to Eugene Investment & Securities, a covered call ETF in South Korea recorded a dividend yield of 21.32% as of September 11, significantly outperforming bank fixed-term deposit rates of 3.5%. The TIGER Dividend Covered Call Active ETF posted the highest yield among covered call products, with cumulative distributions of 4,385 won over the past 12 months and a 229.7% year-over-year dividend increase. Other covered call ETFs also showed double-digit yields, including TIGER U.S. S&P 500 T

According to Korea Exchange data marketplace, on September 20, KOSPI closed at 6894.23, up 0.2% from the previous week's close of 6909.91 on September 11. The index fell to 6627.26 on September 15 before recovering. Foreign investors sold 8.48 trillion won, while other corporations purchased 8.15 trillion won. Domestic institutions and individual investors also bought, with individuals accumulating 212.4 billion won and institutions 109.8 billion won.

According to JPMorgan's global commodity strategy team (Sept 17), crude oil prices exceeded $103 per barrel on Sept 18-19 as the bank abandoned its baseline forecasts for crude, citing lack of clarity on geopolitical exit strategies in the Iran conflict. Brent crude futures traded at $103.37/barrel despite JPMorgan's calculation of a fair price of $90/barrel, with a $13/barrel geopolitical premium reflecting risks of additional 3–4 million barrels per day in supply disruptions. Global oil and pe

According to TradingBeats monitoring, on September 20, addresses linked to NMTD, founder of HyBridge and Borsa on Hyperliquid, set up ladder orders for approximately 13.866 million AVAX this morning. The two related accounts held pending orders of that size as of reporting time. AVAX traded at around 9.55 on Hyperliquid, up 11.6% in the past 24 hours, with a peak of 10.82 earlier today.

According to Nihon Keizai Shimbun, on September 20, Nippon Life Insurance announced plans to expand artificial intelligence infrastructure investments, committing approximately 2 trillion yen (around $17.7 billion) through 2035. The company, Japan's largest life insurer, plans to increase lending to Amazon data center construction projects from 1 trillion yen to 2 trillion yen by 2035. While considering domestic investments, Nippon Life focuses primarily on the United States, where the world's l

According to The Motley Fool, SanDisk, Dell Technologies, Palo Alto Networks, and Arista Networks will join the S&P 100 index on Monday (September 21), while Nike, Colgate-Palmolive, Simon Property Group, and Honeywell Aerospace will exit the index. SanDisk's stock has surged more than 600% this year, with the company's market capitalization reaching approximately $260 billion, exceeding Nike's by more than four times.

According to Korea Financial Research Institute senior researcher Lee Byung-yoon, South Korean banks' net profit declined by KRW 900 billion year-over-year in the first half of 2026, while non-performing loan and delinquency ratios deteriorated. As of Q2 2026, the non-performing loan ratio reached 0.63%, up from 0.56% for delinquency rate. Lee attributed the profit decline to a KRW 2.3 trillion decrease in non-interest income due to securities valuation losses amid rising market rates, combined

According to Yonhap Infomax, on Sept 20, Korea Development Institute researcher Oh Tae-rok proposed that South Korea adopt principles from the U.S. Community Reinvestment Act (CRA) when designing inclusive finance indicators. The CRA, enacted in 1977, requires banks to serve credit needs in low-income communities. Oh recommended differentiating evaluation metrics by bank size and business model—smaller banks face fewer requirements, while larger banks undergo comprehensive lending, investment, a

According to Micron, the company held its first mediation session with Taiwan Micron Memory Union yesterday (Sept 18) to discuss labor matters. The two parties engaged in constructive dialogue and agreed to hold a second mediation meeting on October 22. The discussion covered three topics: overall compensation and bonus structure, no free rider provisions, and non-retaliation protections. Micron reiterated its commitment to employees' rights to peaceful assembly, freedom of association, and unio

Overnight SHIBOR (Shanghai Interbank Offered Rate) fell to 1.3650%, declining 5.20 basis points, while the 7-day SHIBOR dropped to 1.4100%, also down 5.20 basis points. The 3-month SHIBOR rose slightly to 1.4310%, up 0.10 basis points.