Gate Crypto Flash News and Market Updates

According to the Bank of Japan's latest meeting minutes, a BOJ official stated that markets appear to expect interest rate hikes roughly every six months, but the central bank may actually raise rates at a faster pace.

According to X user choblin29 sharing comments from OpenAI's head of applied research Boris Power, 80% to 90% of the company's research is currently focused on GPT-7, GPT-8, and subsequent models. Power stated that improvements within the same generation of models are viewed internally as short-term investments to accelerate current learning, rather than long-term strategy. The company plans to build large frontier models first, then use them as teacher models to distill into smaller, cheaper ve

According to Bank of Japan meeting minutes, multiple members have signaled a shift in policy focus toward stabilizing core inflation around 2%, moving away from efforts to push inflation higher.

Spot silver fell 1.00% intraday, trading at $63.66 per ounce.

According to Kazuo Momma, ex-executive director of the Bank of Japan's monetary policy division, on September 28, the central bank may raise its benchmark rate in October for a second consecutive month, earlier than many economists expect. Momma stated there is a 20-30% probability of back-to-back rate hikes, as the BoJ shifts policy focus and signals faster tightening ahead. Momma's baseline scenario projects the BoJ's policy rate reaching around 2% by June or July next year, implying three mor

According to Odaily, QNT surged to a 24-hour high of 373 USDT earlier today (Sept. 28), up over 87%, before pulling back to 287.71 USDT. The rally was fueled by Quant's announcement that it will provide technology infrastructure for The Clearing House's on-chain currency initiative, handling network interoperability, orchestration, and settlement layers. The network will enable financial institutions to clear and settle tokenized deposit transactions with instant settlement capabilities, expecte

According to the Bank of Japan's latest meeting minutes, a board member stated that recent yen weakness and developments in the Middle East could push up inflation expectations and increase upside risks to prices.

According to the Financial Supervisory Service on September 28, South Korea's financial regulator and eight bank holding company chiefs discussed competitive conditions in regional treasury bidding during a breakfast meeting on September 23. The meeting, which began at 7:30 a.m. and ran until 9:30 a.m.—beyond the originally scheduled 9:00 a.m. end time—focused on CEO succession and internal controls, but regional bank holding company chiefs raised particular concerns about large banks competing

According to South Korea's insurance industry, Shinhan Life recently injected 30 billion won into its long-term care subsidiary Shinhan Life Care on September 28. The company continues capital investments to develop facilities and respond to operational funding demands, following a 25 billion won injection last year. Major life insurers are competing to establish long-term care subsidiaries as South Korea's population ages. However, the sector remains unprofitable—KB Golden Life Care reported a

According to Japan's central bank July meeting minutes, board members unanimously assessed financial conditions as accommodative. Several members noted consumer prices showed signs of rising, reflecting increased import costs, while others highlighted that businesses are passing higher raw material expenses downstream, keeping wholesale inflation elevated. Multiple board members observed that medium-to-long-term inflation expectations have risen among both households and companies.

According to Samsung Securities on September 28, the United States and China extended their trade agreement for two months and agreed to lower tariffs on $30 billion in non-sensitive goods following their summit on September 24. Despite the trade relief measures, Samsung Securities analyst Jeon Jong-kyu said the two nations will continue competing fiercely in artificial intelligence development, with no new restrictions on AI chip exports included in the agreement. The bank predicts China's semi

According to IBK Investment & Securities on September 28, Han-All BioPharm's autoimmune disease candidate IMVT-1402 was valued at 3.665 trillion Korean won, with impact from the halted lupus indication deemed limited. The therapy works by inhibiting neonatal Fc receptors to reduce immunoglobulin G in the body. Partner Immunovant discontinued lupus development after a 12-week proof-of-concept trial in 57 patients failed to meet its primary endpoint on September 23. Remaining indications under dev

Japan's corporate service price index rose to 3.7% year-on-year in August, up from 3.6% in July. The increase reflects a 0.1 percentage point gain in service sector pricing across the month.

Japan's corporate services price index rose 0.3% month-on-month in August, down from 0.4% in the previous month.

According to SoSoValue, U.S. spot Bitcoin ETFs saw net inflows of $2.39 billion in the week ending September 25, marking the largest weekly inflow since October 10, 2025. The previous week recorded net inflows of $6.21 million, a sharp contrast to this week's surge.

According to NH Investment & Securities analyst Yoon Yu-dong, the firm cut Kiwoom Securities' target price to 410,000 won on September 28, a 10.9% downgrade from the previous level, citing lower trading volumes. The analyst maintained a 'Buy' rating and estimated the company's third-quarter net profit at 327.8 billion won. Trading volumes in the first 23 days of September reached 76.3 trillion won, down 35.4% quarter-over-quarter, leading to expectations of reduced brokerage commissions.

According to Kiwoom Investment Asset Management, the KIWOOM KOSDAQ-150 Covered Call Active ETF announced on September 28 a September distribution of 215 KRW per share, with a distribution rate of 2.46% (as of September 23 NAV). The ex-dividend date is September 30, with actual payment on October 2. This marks the third consecutive month the ETF has maintained a distribution rate above 2%, following July's 175 KRW (2.4% rate) and August's 225 KRW (2.5% rate).

According to Shinhan Investment Securities on September 28, the firm cut Huzel's target price from 410,000 to 300,000 Korean won, a 26.8% reduction, citing a near-term earnings gap during the company's U.S. sales structure overhaul. The brokerage maintained its 'buy' rating, signaling confidence in medium- to long-term growth prospects. Huzel's third-quarter revenue fell 3.6% year-over-year to 102.1 billion won, while operating profit declined 42.7% to 27.1 billion won. Shinhan analysts attribut

According to GMGN data, Super Inu (SI) on Solana hit a $23 million market cap high on September 28, up 37.6% in 24 hours with trading volume of $3.3 million. The token is now trading at $17 million.

According to NIO's announcement on September 28, the Chinese electric vehicle manufacturer signed a definitive agreement with Geely Holding on a strategic transaction for battery swap and charging operations.