Gate Crypto Flash News and Market Updates

According to CNBC, investor Michael Burry expanded short positions on semiconductor manufacturers Micron Technology, AI cloud platform Nebius, iShares Semiconductor ETF (SOXX), and data analytics firm Palantir on September 24. Burry believes current storage chip shortages driven by AI infrastructure buildout are temporary and will ease within two years as supply catches up with demand, creating headwinds for technology stocks pushing Nasdaq 100 to record highs. He noted that if these positions r

According to Interfax, Russian forces struck a tanker in the Black Sea on September 24.

According to UK Finance, Lloyds, NatWest, Barclays, HSBC, Nationwide and Santander recently completed the world's first interbank transactions using tokenised deposits, demonstrating that blockchain-based commercial bank money can move between separate banking institutions. Lloyds, NatWest and Barclays conducted two mortgage transactions, while HSBC and two other banks executed a person-to-person transaction simulating an online marketplace purchase. The transactions form part of the Great Briti

Israeli PM Benjamin Netanyahu will address the UN General Assembly tonight at 21:00 (2:00 AM Beijing time, September 25) in New York.

U.S. equity index futures fell during intraday trading on September 24. Nasdaq-100 futures declined 0.6%, while S&P 500 index futures dropped 0.4%.

According to Israeli military, Israeli forces killed Muhammad Abu Alwan, head of Hamas's financial division, on Wednesday in a strike on Khan Yunis in southern Gaza. The military said in a statement issued Thursday that over 1 billion Israeli shekels (approximately $330 million) was transferred under Alwan's direction to fund Hamas activities, adding that he played a decisive role in sustaining the organization.

Japan's 2-year government bond yield rose 6.0 basis points to 1.900% today, marking its highest level since April 1995.

According to FinanceFeeds, on September 22, CFTC Chair Michael Selig said the agency is preparing U.S. derivatives markets for onchain finance, mass tokenization, 24/7 trading and artificial intelligence. Speaking at the U.S. Treasury Market Conference, Selig stated that regulators must modernize frameworks to support blockchain and AI at scale, prepare market participants for onchain finance and continuous markets, and develop rules for tokenized assets. The CFTC has already expanded eligible t

Speaking on "New Things with Joanna Stern," Meta CEO Mark Zuckerberg acknowledged that artificial intelligence advanced faster than the hardware needed for his original metaverse vision, prompting the company to pivot its long-term strategy toward AI. He noted the unexpected tech evolution: highly advanced AI capabilities emerged before affordable, ubiquitous holographic experiences became feasible. Meta's Muse AI agent, recently launched, demonstrates this strategic shift through broad service

According to the SEC, the agency recently announced an Innovation Exemption framework for tokenized securities that precisely defines eligible products and structures, as market participants had widely misinterpreted the exemption's scope. The framework permits qualified tokenized securities venues to operate through permissioned automated market makers without traditional exchange registration, and provides conditional relief from dealer registration for certain liquidity providers. However, th

According to Citi, on September 24, the Federal Reserve is expected to hold rates unchanged in October while gathering additional data to assess the impact of previous rate adjustments, and again in December when moderating inflation figures should provide sufficient evidence of cooling price pressures. Following continued disinflation, Citi forecasts the Fed will resume rate cuts in June 2027.

According to CryptoQuant analyst Darkfost via BlockBeats, on September 24, Bitcoin short-term holder (STH) cost basis crossed above active long-term holder (LTH) cost basis, signaling a shift in market momentum and confirming a bullish market condition. This marks the fifth occurrence of this signal in history, though the analyst cautioned that the indicator remains susceptible to false signals.

According to Trader T, US Ethereum spot ETFs saw net inflows of $104.64 million on September 23. Year-to-date inflows for spot Ethereum ETFs reached $1.66 billion, with September cumulative inflows totaling $723.9 million.

According to Odaily, WTI and Brent crude oil rose $0.5 in intraday trading, with WTI crude now trading at $91.3 per barrel and Brent crude at $98.3 per barrel, according to Gate data.

Polygon Foundation permanently destroyed 100 million POL tokens today, representing approximately 1% of total token supply, according to CEO announcement. Meanwhile, according to PitchBook, prediction market platform Kalshi's valuation ranges from $304 billion in base case scenario to $421 billion at the high end. In separate news, Robinhood CEO sold over $32.54 million in company stock, reducing direct holdings to 6,907 shares.

According to Bitcoin.com News, Kalshi's Ethereum perpetual futures market has recorded nearly 1 million trades with over $5 billion in notional volume over the past month as the U.S. Commodity Futures Trading Commission (CFTC) reviews the activity. The regulatory agency has not yet decided whether to launch a formal investigation. As of Wednesday 12:17 UTC, the market processed 136,474 trades totaling approximately $584 million in the prior 24 hours. Over 73,200 trades were concentrated at appro

According to PANews, on September 24, Genius (a blockchain trading terminal backed by YZi Labs) adjusted its second-season point rewards structure. The project originally promised to unlock 70 million GENIUS tokens on October 25 to incentivize user trading and point accumulation. However, the season rules and token distribution timeline were changed: daily points were reduced from 1.5 million to 50,000, and the unlock date was postponed to February 2028, according to CoinMarketCap data. Some par

According to Jin10, on September 24, a U.S. federal judge temporarily lifted Trump's ban on CNN, MSNBC, and Politico journalists accessing the White House. The preliminary ruling is an initial victory for the news organizations in their lawsuit, in which they allege that Trump and senior officials engaged in "direct infringement" of their First Amendment-protected rights through unlawful retaliation for their coverage of the government. The temporary restraining order, issued by U.S. District Ju

According to LSEG, as of September 18, the S&P 500's 12-month forward price-to-earnings ratio (PER) fell below 19x, marking its lowest level since 2023. Shinhan Investment & Securities interprets the decline as a buying signal, noting that the index's 12-month forward earnings per share (EPS) is growing rapidly. A Shinhan analyst stated: "If EPS does not collapse, the current PER should be seen as a price that already reflects headwinds. In this environment, the U.S. stock market faces re-rating

According to LSEG data as of September 18, S&P 500's 12-month forward P/E ratio fell below 19x, reaching the lowest level since 2023. Shinhan Investment Securities interpreted this decline as a signal to increase holdings, citing rapid earnings growth in the current period. The firm noted that with strong earnings but cheap valuations, the market may offer tactical opportunities for investors despite near-term uncertainties.