Gate Crypto Flash News and Market Updates

According to Trader T, US Ethereum spot ETFs recorded net inflows of $86.94 million on September 25. BlackRock's ETHA led with $50.37 million, followed by BlackRock's staking Ethereum ETF ETHB with $31.88 million and Fidelity's FETH with $4.69 million.

According to MarketWatch, USD/JPY fell 1% on Friday and is approaching its largest single-day decline in three weeks as a technical pattern called a "death cross" is expected to form by early next week. The death cross—formed when the 50-day moving average crosses below the 200-day moving average—typically signals a shift from short-term weakness to a sustained downtrend. Oppenheimer & Co. technical analyst Ari Wald noted the formation "aligns with full momentum deterioration" and "reinforces th

According to PANews and OKX, multiple cryptocurrencies rallied significantly in the past 24 hours on September 26. ENA led gains with a 22.85% surge, while PUMP, SEI, and JTO climbed approximately 16.8%. SPK and SUI rose about 15% during the same period.

According to CCTV, heavy rains caused severe flooding in Bangkok on September 26, submerging major roads and disrupting traffic. Municipal authorities have established multiple evacuation centers to shelter displaced residents, with additional rainfall expected to continue throughout the day.

According to Jin10, on September 25, Sudan's North Kordofan State in central Sudan faced drone strikes, resulting in dozens of casualties. The state government said the capital Obeidi was attacked early that morning, killing 2 civilians and injuring 20 others. The government blamed Sudan's Rapid Support Forces, saying the strikes violated international humanitarian law and targeted civilian facilities including displaced persons camps, gas stations, and residential areas.

According to BlockBeats, Aerodrome and Velodrome tokens (AERO, VELO) surged on September 26, with AERO rising 25.5% to $0.89 and VELO climbing 22.1% to $0.038, as the two protocols prepare to merge into a unified cross-chain DEX called Aero. The merger will launch on October 21, with AERO and VELO tokens consolidating into a single AERO token distributed at a 94.5% to 5.5% ratio between the two holder bases.

According to Lookonchain, a trader profited $310,700 from a 15x long position on 2.15 million ENA tokens today, achieving a 786.54% return on the initial $59.2 million investment. Meanwhile, ENA surged over 23% in the past 24 hours, reaching a high of $0.28 and currently trading at $0.273 on OKX, according to the exchange's price data.

According to the Russian Defense Ministry, Russian forces struck a port facility receiving European weapons in Ukraine's Odesa region, the state news agency TASS reported.

On September 21, Volkswagen was removed from the Eurostoxx 50 for the first time in 15 years, while Nike was delisted from the S&P 100 after 18 years. Volkswagen's market cap has collapsed to €38 billion from 2021 highs, equivalent to just 12% of annual revenue. Nike's valuation plummeted from $264 billion in November 2021 to $57 billion, following a failed shift from wholesale distribution to direct-to-consumer channels. Passive index-tracking funds amplified the selloff; the Eurostoxx 50 is re

According to Barron's, Meta stock surged approximately 13% this week, closing at $751.66 on Friday, September 25, as interest in its new AI product Muse accelerated buying interest. Wall Street analysts have been raising price targets, with Tigress Financial Partners analyst Ivan Feinseth lifting his target to $995, implying roughly 32% upside from current levels. Analysts highlight that a break above the $800 resistance level could extend the rally further, as Meta has largely traded between $6

On September 25, Vice President Han Zheng met UN Secretary-General Antonio Guterres in New York during the United Nations General Assembly session. Han attended the 5th anniversary high-level dialogue of the Global Development Initiative, hosted by China, where he delivered a congratulatory message from President Xi Jinping and addressed the gathering.

According to usage data shared with CNBC, Chinese AI models including DeepSeek and Alibaba's offerings have dramatically increased their share of global adoption this year. On OpenRouter, a major developer platform, Chinese models accounted for 57%-67% of tokens used in the week of Sept. 14, up from 6%-13% in February. On Vercel, another key platform, their share rose to 55% in August from 11% in January. Cost-effectiveness is driving the shift. According to Vercel's head of agentic infrastructu

According to HTX, ENA (Ethena) hit $0.28 yesterday (Sept 26), up 25.6% in 24 hours. The price surge follows Ethena's announcement on Sept 25 of a partnership with Binance to expand the USDe basis trade strategy from crypto perpetuals to stock perpetuals, enabling traders to buy tokenized stock certificates (bStocks) and hedge with short positions on the same platform.

According to Korea Exchange data released on September 26, institutional investors net purchased 4.71 trillion won worth of stocks on the Kospi over six trading days from September 16-23, ahead of the Chuseok holiday break. During this period, individual investors and foreign investors net sold 10.15 trillion won and 3.51 trillion won respectively. Institutions concentrated their buying on major semiconductor stocks. Samsung Electronics was net purchased at 2.78 trillion won and SK Hynix at 693

According to ChainCatcher, Solana's Alpenglow consensus upgrade has entered its second public testnet. The upgrade is expected to reduce transaction settlement latency from approximately 13 seconds to 150 milliseconds.

According to Bitdeer's statement on X, the Nasdaq-listed bitcoin mining company sold 288.4 BTC during the week ending September 25, while producing 288.1 BTC from mining operations. The company added net zero BTC to its holdings and continues to maintain zero BTC reserves.

According to Jin10, on September 25, China's deputy permanent representative to the UN, Sun Lei, called for pushing political resolution to armed conflicts to alleviate the refugee crisis during a Security Council session. Sun Lei emphasized that as long as armed conflicts continue, there is no fundamental solution to the refugee crisis. He urged the Security Council to fulfill its primary responsibility for maintaining international peace and security, and called on all parties to abandon viole

XRP Ledger's Batch transaction upgrade activation has been postponed from September 29 to October 9 due to insufficient validator support requiring a reset of the activation countdown. This marks the second attempt following a prior signature vulnerability fix.

According to MarketWatch, Trivariate Research found that merely 23.2% of S&P 500 constituent stocks beat the index over a 10-year holding period; the ratio drops to about 27% when shortened to three years. Adam Parker, founder of Trivariate, attributed the concentration to short-dated options, leveraged ETFs, and the dominance of large tech stocks like Nvidia. Parker argues that active investors should continuously reassess holdings as market conditions change, rather than assuming any stock is

According to Barron's, Microsoft (MSFT-US) stock climbed 3.66% to $516.17 on Friday, September 25, marking its highest closing price since November last year. The stock has been the best performer among Dow Jones Industrial Average components. Analysts attribute the rally to market recognition of Microsoft's AI strategy advantage: rather than relying on a single large language model provider, Microsoft is positioning itself as a coordination layer enabling enterprises to efficiently switch betwe