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
03:43
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China's First Large-Scale 18MW Offshore Wind Turbines Enter Operation on Sept 24

According to CCTV News, China's first large-scale offshore wind turbine project went into full operation on September 24. The China General Nuclear Power Group's Yangjiang Fanshi project deployed 33 units of 18MW offshore wind turbines—the largest single-capacity model batch-installed domestically. Each turbine features a 292-meter rotor diameter and 66,000-square-meter swept area, reducing seabed cable installation and offshore foundation construction costs.
03:43
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Morgan Stanley: U.S. Diesel Export Ban Could Drive Gasoline Prices Higher, Not Lower

According to Morgan Stanley, if the Trump administration implements a diesel export ban, U.S. gasoline prices could rise rather than fall, analysts including Martijn Rats said today. The restriction would force American refineries to reduce operations as domestic storage tanks fill within weeks, cutting gasoline production and raising prices. Morgan Stanley analysts estimate the ban could force refiners to cut roughly 2 million barrels per day of throughput, resulting in gasoline supply losses o
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03:43
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Infini Enterprise App Launches Payment Feature Supporting Cryptocurrencies and 8 Fiat Currencies

According to Foresight News, Infini's enterprise app launched a payment feature allowing merchants to create and send invoices via email. Customers can pay using cryptocurrencies, bank cards, or Apple Pay. Merchants can generate payment links priced in 8 currencies including USD, EUR, and HKD, and accept cryptocurrency payments. Invoice payment status can be tracked on mobile devices.
03:41
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Address Receives 45,000 ETH from Galaxy Digital OTC on Sept 24, Valued at $119.67M

According to Arkham monitoring, an address received 45,000 ETH from Galaxy Digital OTC on September 24, valued at approximately $119.67 million at the time of transfer, with an average purchase price of $2,659 per ETH. Subsequently, the address consolidated part of its existing holdings and the newly received funds through intermediary wallets, transferring a total of approximately 54,990 ETH to a single receiving wallet. As of reporting, the consolidated address holds approximately 57,257.78 ET
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ETH-3.33%
03:41
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Revolut Launches Pay with Smile Facial Recognition Checkout in UK on September 23

According to Bloomberg, Revolut launched Pay with Smile on September 23, enabling customers to complete in-store payments via facial recognition. The feature runs on Revolut Register terminals and processes transactions with 0% merchant fees. The pilot runs September 24–26 at three Kiss the Hippo locations in London (Bloomsbury, Chelsea, and Soho), with plans to expand to all 12 stores later this year. Facial data is end-to-end encrypted, merchants do not store personal information, and users mu
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03:36
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Whale Purchases 536.93 BTC Worth $45.28M in 6 Hours

According to Lookonchain data monitored by ChainCatcher, whale address bc1qdp purchased 536.93 BTC worth approximately $45.28 million 6 hours ago as the BTC price declined. Over the past 20 days, the same whale has accumulated 2,460 BTC with a total value of around $194.3 million at an average entry price of $78,966.
BTC-3.03%
03:33
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Doupack Denies Layoff Rumors; Session Team Reorganization Affects 11 of 50 Staff, 3 Departures on Sept 24

According to ChainCatcher, Doupack public relations head Liu Xing denied layoff rumors on September 24, clarifying that recent media reports of team restructuring were misinterpreted as mass layoffs. The Doupack general Session team underwent a functional reorganization, with some roles redistributed to Doupack Trading and Doupack Workspace teams and corresponding staff reassigned. The team has fewer than 50 members; the reorganization involved 11 people with 3 departures. Liu Xing stated that r
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03:33
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China Domestic Futures Mixed at Market Open on September 24; Lithium Carbonate Down 4%, Crude Oil Up 4%

At market open on September 24, China's domestic futures showed mixed trading. Lithium carbonate fell over 4%, with silver and platinum declining over 3%. European shipping indices, polysilicon, and palladium dropped over 2%, while coal and live hog futures fell over 1%. On the upside, SC crude oil surged over 4%, with fuel oil and synthetic rubber gaining over 3%. Low-sulfur fuel oil and rubber futures rose nearly 3%, while liquefied petroleum gas, polyester chips, and PTA climbed over 2%.
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03:32
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Hyperscale Cloud Providers Show Divergent Q2 Growth, Google Leads at 82%, Oracle Climbs 121%

According to Bernstein's September 22 research report, hyperscale cloud providers experienced divergent growth in Q2 2026. Google Cloud grew 82%, Oracle OCI surged 121%, Alibaba Cloud rose 44.9%, Microsoft Azure increased 43%, and Amazon AWS expanded 37%. Bernstein initiated coverage of CoreWeave with an underperform rating and $74 price target, citing short-term GPU scarcity benefits offset by long-term customer concentration risks.
03:31
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Tencent QClaw to Cease Operations on December 24, 2026; Refunds and Data Migration Supported

According to Tencent's announcement, Tencent QClaw will cease operations on December 24, 2026 at 00:00. As of today, the service halts new user registrations and subscription purchases. Qualifying unused subscriptions and point packages are eligible for refunds. Users can export or migrate configurations, memory, agent personalities, and conversation history to WorkBuddy. Backup downloads will remain available until March 24, 2027 at 00:00, after which user data will be deleted in accordance wit
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03:31
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U.S. and China Agree to Extend Trade Truce by Two Months Through January 10

According to U.S. Treasury Secretary Scott Bessent on Fox News this week, the United States and China have agreed to extend their trade truce agreement by two months, with the extension running through January 10, 2027. The original agreement, which was set to expire in November 2026, includes U.S. suspension of certain tariffs and restrictions on Chinese goods in exchange for China's commitment to stabilize supplies of critical minerals needed for American automobiles, semiconductors, aircraft,
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03:30
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Japan's 10-Year Bond Yield Breaks 3.06% for First Time in 30 Years Amid Rising U.S. Rates

According to Yonhapinfomax, on September 24, Japan's 10-year government bond yield surged past 3.06% — its highest level since August 1996 — as Asian bond yields climbed across the board following a sharp overnight jump in U.S. Treasury rates. The U.S. 10-year yield broke above 5.10%, a level unseen since July 2007, driven by stronger-than-expected economic data and inflation concerns. S&P Global's preliminary September manufacturing and services PMI for the U.S. hit 58.4, a 62-month high, while
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03:28
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Polygon Burns 100M POL Tokens, Representing 1% of Total Supply

According to Polygon Foundation CEO Sandeep Nailwal, 100 million POL tokens have been permanently burned, representing approximately 1% of total supply. The burn contract is now available for any community member to trigger. Nailwal indicated the community may consider executing quarterly POL burns in the future.
03:27
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Shandong Gold Actively Advancing Multiple M&A Projects, Targeting Major Mining Assets on Sept. 24

According to Shandong Gold's statement at its 2026 H1 earnings call on Sept. 24, the company is actively advancing several M&A projects. In selecting domestic acquisition targets, Shandong Gold prioritizes assets located in major ore-bearing regions with large reserves and significant exploration potential, preferring operating mines under equal conditions. For international targets, the company considers factors including the country's political stability and investment environment to mitigate
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03:25
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Qualcomm Launches Snapdragon Sound Elite Gen 2 with AI Capability Doubled, Power Down 40%

Qualcomm announced today (September 24) the launch of Snapdragon Sound Elite Gen 2 platform for audio wearables, delivering AI capabilities doubled compared to the previous generation. The platform integrates advanced Snapdragon Sound technology, on-device AI, cloud-connected capabilities, and low-power Wi-Fi 6E support, enabling personalized audio experiences with real-time translation and contextual assistance. The chipset also reduces power consumption by up to 40% and chip area by up to 30%,
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03:20
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Unity Stock Surges Nearly 5% Overnight on Meta's New VR, AI Hardware Announcements

Unity Software shares surged nearly 5% overnight Wednesday following Meta Platforms' Meta Connect 2026 event, where CEO Mark Zuckerberg unveiled new VR glasses, Ray-Ban products, and artificial intelligence initiatives. According to Stocktwits, retail sentiment for U shifted to 'extremely bullish' from 'neutral.' In April, Unity and Meta extended their multi-year platform support agreement, with Unity continuing to power the majority of Meta's top-selling VR games.
03:19
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Australia's Unemployment Hits 5-Year High on Sept 24; Market Expects RBA Rate Hike to 4.6% Next Tuesday at 95% Probability

According to Jin10 Data on September 24, Australia's unemployment rate rose unexpectedly to a five-year high in August, despite strong employment rebound. The mixed jobs report did not shift market expectations for the Reserve Bank of Australia to raise rates next Tuesday. Markets currently price a 95% probability that the RBA will hike for the fourth time, raising the official cash rate to 4.6%. Oxford Economics Australia economist Oscar Guth noted that August job growth failed to keep pace wit
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03:19
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Tesla Roadster Launches October 1 with $50K Preorder; Options Market Volatility Remains Muted

Tesla's next-generation Roadster will debut on October 1, with the company having reopened preorders requiring a $5,000 refundable deposit followed by $45,000 via wire transfer within 10 days. Despite multiple near-term catalysts—including the Roadster launch, Semi truck event on September 24, and Q3 delivery data—the options market has shown muted reaction. One-month implied volatility sits at the 36th percentile of its past-year range, while 30-day IV stands at approximately 41%, near the lowe
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