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
14:16
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U.S. Cuts Vehicle Fuel Economy Standards to 34.5 MPG by 2031, Saves Consumers $930 Per Car

According to Reuters, U.S. President Trump approved significantly lower vehicle fuel economy standards on Saturday, September 26, to take effect by 2031. The Department of Transportation will finalize the new standards on Monday, September 28. Under the new requirements, the average fuel efficiency for new vehicles will reach 34.5 miles per gallon by 2031, down from the Biden administration's target of 50.4 mpg. The department estimates the revised standard will reduce average new car prices by
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14:13
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Marvell Eyes Optical Interconnect and Memory as AI's Next Infrastructure Bottleneck

According to executives at Six Five Summit 2026, Marvell Technology highlighted optical interconnect and memory expansion as critical to the next phase of AI infrastructure scaling. Dave Lazovsky, SVP of Marvell's data center network group, noted that KV cache demand has surged approximately 10-fold over the past nine months due to rising inference compute workloads, forcing infrastructure expansion beyond single-rack capacity to larger interconnected scales. Marvell is advancing both on-package
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14:00
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Bitcoin Rebounds to $84,899, Up 0.9% on September 27

According to Bitcoin.com News, Bitcoin rebounded to $84,899 on September 27 at 8 AM UTC, up 0.9% in 24 hours. On-chain technical indicators show 14 moving averages in positive alignment with 1 neutral signal, while oscillator indicators display 9 neutral and 2 positive signals. BTC is currently trading above all listed EMA and SMA levels.
BTC1.28%
14:00
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Micron Q4 Revenue Forecast Hits $51.9B, Exceeding $50B Guidance

According to Paradis on X, analyst Paradis forecasts Micron's fourth quarter revenue at $51.9 billion, exceeding the company's $50 billion guidance. Gross margin is projected at 86.5% versus the guided 86%, while earnings per share are estimated at $32.30 compared to the $31 guidance.
13:59
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Robinhood Chain Rug Pull Gang Cashes Out $18.43M Across 53 Token Projects

According to blockchain analyst Wazz, a rug pull gang on Robinhood Chain has cashed out approximately $18.43 million across 53 token projects over the past two months, as reported by PANews on September 27. The actual scale may be larger, Wazz noted. DEED token, which triggered the investigation, did not even rank in the top ten by cash-out amount for the gang.
13:54
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Three Crypto Projects Hacked on September 24, Losses Exceed $11M

On September 24, three crypto projects were attacked, suffering combined losses exceeding $11M, according to onchain researcher Specter and security firms PeckShield, CertiK, and Blockaid. Payy Network's Ethereum bridge was compromised, with attackers draining $1.8M in USDC. Duelbits, a cryptocurrency gambling platform, lost approximately $7M due to a compromised private key; the platform had suffered a separate $4.6M attack in 2024. Meter.io, an EVM blockchain, was exploited through a block ver
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ETH0.85%
CAKE2.04%
13:53
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OpenAI Renames ChatGPT Pro Tiers to Pro Standard and Pro More

According to AI influencer Max For AI, OpenAI has reportedly renamed ChatGPT Pro subscription tiers, with "5x" and "20x" now renamed to "Pro Standard" and "Pro More" respectively. The official pricing page has also removed previous descriptions of usage allowances for these tiers, suggesting a potential redesign of the ChatGPT Pro subscription system. Official details and pricing for the updated plan have not yet been disclosed.
13:51
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Akamai Jumps 20% on $11.6B Seven-Year Anthropic Computing Deal

On Friday, Akamai announced an $11.6 billion, seven-year agreement with Anthropic to supply CPU compute capacity through Akamai Cloud for AI workloads. The deal can expand by another $9 billion, potentially bringing total commitment to nearly $20 billion. Anthropic also received warrants convertible into up to 5% of Akamai's common stock. Akamai shares jumped more than 20% after the announcement, positioning the company as an AI infrastructure player alongside cloud and data-center providers ben
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13:47
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Iran's President Says Coordinated with Supreme Leader on Hormuz Strait Plan on Sept 26

According to AFP on September 26, Iran's President Masoud Pezeshkian stated he has coordinated with Supreme Leader Ayatollah Khamenei on Tehran's new plan to reopen the Strait of Hormuz. Pezeshkian added that if the United States agrees to the proposal, Iran will fulfill its obligations. He noted that a six-member delegation from military, parliamentary, and government bodies has been meeting and holds decision-making authority on the matter.
13:45
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U.S. Officials Say Iran Miscalculates on Sept 27 — Election Impact Won't Weaken Trump's Negotiation Position

According to Fox News, U.S. State Department officials said on September 27 that Iran is making a strategic miscalculation if it believes domestic price increases and the midterm elections will weaken President Trump's leverage in negotiations to end the nearly seven-month conflict. Despite a three-hour meeting this week ending without announcing a breakthrough, the U.S. government expressed confidence that mounting economic pressure will push Iran toward reaching an agreement. U.S. State Depart
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13:37
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Iran's Navy Captures U.S. Remus Underwater Drone, Hormuz Strait Reopening Conditional on U.S. on Sept 27

According to BlockBeats, on September 27, Iran's Foreign Minister Araqchi stated that reopening the Strait of Hormuz depends on whether the United States meets Iran's conditions, including ceasing alleged "aggression," ending naval blockades and economic sanctions, and releasing Iranian assets. U.S. President Trump rejected Iran's latest conditional proposal on Saturday, with the Wall Street Journal citing U.S. officials as saying Trump may resume bombing Iran after November's midterm elections.
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13:34
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Cryptocurrency Markets See $156M Liquidations in 24 Hours, Short Positions Hit Harder

According to Coinglass, over $156 million in positions were liquidated across crypto markets in the past 24 hours, with short liquidations accounting for $84.5 million and long liquidations for $71.48 million. Bitcoin saw $11.73 million liquidated, while Ethereum recorded $14.89 million, with 66,222 traders affected. The largest single liquidation occurred in XRP-USD on Hyperliquid, valued at $3.35 million.
BTC1.28%
ETH0.85%
XRP-0.57%
13:32
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U.S. Bitcoin ETFs Draw $2.4 Billion in Week Ended Sept. 25, 2026 Net Flows Turn Positive

According to FinanceFeeds, U.S. spot Bitcoin ETFs attracted $2.4 billion in net inflows during the week ended September 25, marking their strongest weekly intake since October 2025 and pushing 2026 year-to-date flows into positive territory at approximately $934.1 million. Spot Ether ETFs added $689.9 million while U.S. Solana funds collected $188.2 million, including a record $86.7 million on Friday, signaling a broader return of capital to regulated crypto products across multiple assets.
BTC1.28%
SOL1.96%
13:31
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30-Year Mortgage Rate Climbs to 7.03% as of Sept. 24, Marking Fifth Consecutive Weekly Rise

According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed mortgage rate reached 7.03% as of Sept. 24, up from 6.95% a week earlier and marking the fifth consecutive weekly increase. The 15-year fixed rate climbed to 6.42% from 6.26%, while the 10-year Treasury yield finished Sept. 25 at 5.17%. The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00% on Sept. 16, but mortgage rates are primarily driven by longer-term Treasury yields and mortgage-backed se
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13:30
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Entity That Accumulated 130K ETH in 2023 Liquidates Position, Expected Profit Around $84.31M on Sept 27

According to BlockBeats and Ai Yin monitoring, an entity that accumulated 130,591 ETH in 2023 is reportedly liquidating its holdings. In the past week, the entity transferred approximately 128,972 ETH to trading platforms, valued at around $345 million based on an average entry price of $2,680.31. If all ETH is sold at current levels, the entity is expected to realize approximately $84.31 million in profit. Following recent transfers, the entity's on-chain ETH balance has been cleared.
ETH0.85%
13:19
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U.S. Semiconductor Stocks Rally Boosts Korean Chipmakers; Experts Eye October Gains Amid Rate-AI Dynamics

According to Park Byeong-chang, CEO of MP Partners, speaking on YouTube channel 3PROTV on September 23, U.S. semiconductor stocks including Micron Technology and SanDisk drove strength in Korean chipmakers on the day. Park noted that while October presents a potential upside opportunity as companies complete earnings releases and share buyback programs amid reduced rate concerns, key variables will determine market direction. Park emphasized that the relationship between interest rates and AI-dr
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13:15
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Solana Whale Opens 20x Leveraged Long with 550,087 SOL, Accumulates $23M+ Unrealized Gains

According to Lookonchain, a Solana whale at address 0x9c6a opened a 20x leveraged long position approximately one month ago with 550,087 SOL, worth around $67.88 million at the time. As of September 27, the position holds unrealized profits exceeding $23 million. The trader has placed a take-profit sell order near the $200 price level. If SOL reaches that target, the cumulative profit from this leveraged trade could exceed $65 million.
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