Gate Crypto Flash News and Market Updates

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate (lithium carbonate for battery production) traded at a midpoint price of 132,500 yuan per ton in early trading today (September 22), up 250 yuan per ton from the previous day's 16:30 close.

According to on-chain analyst Yu Jin, a whale exchanged 40 million USDC for 14,783 ETH at an average price of $2,706 per token yesterday.

According to UBS research dated September 21, 2026, U.S. semiconductor volatility has reached bubble-era levels, with the three-month rolling realized volatility median at 0.69, followed by the tech sector at 0.5, and software and services at 0.4, while financials remain at just 0.17. UBS also flagged rising cash flow dilution risks as mega-cap technology companies' capital expenditure share of total U.S. capex is projected to exceed 30% in 2026, up from under 5% in 2015. The bank identified com

According to U.S. asset managers, SK Hynix ADR (SKHY) was added to the NYSE Semiconductor Index (ICESEMI) on September 22, roughly one year ahead of market expectations. As of September 18, iShares Semiconductor ETF (SOXX) held 8.17 million shares worth $1.53 billion, representing 3.32% of the fund and ranking 13th among 30 holdings, ahead of TSMC at 3.05%. Direxion's leveraged semiconductor ETF (SOXL) also added 2.38 million shares valued at $445 million. Combined passive fund inflows exceeded

According to Yahoo Finance, the S&P 500 technology sector's price-to-earnings (PE) ratio fell to approximately 21x as of September 21, down from 32x in October last year. The valuation level is now comparable to that seen in November 2022 when OpenAI first launched ChatGPT. Keith Lerner, chief investment officer of Truist Wealth, noted that while risks remain regarding circular financing and new model development pace, the tech sector currently offers investors a relative investment opportunity.

According to Yonhap Infomax, a USD/KRW trade executed at 1,365.00 won at 9:03 AM KST on September 22 was confirmed as a deal miss and subsequently canceled by Seoul Foreign Exchange Brokerage. The erroneous transaction was mutually agreed to be reversed. As of 9:13 AM, USD/KRW was trading in the late 1,360s won range.

According to the Financial Investment Association, South Korean commercial banks surged issuance of bank bonds and CDs in late September (as of Sept 21) in anticipation of matured deposits from Samsung Electronics and SK Hynix. The two chipmakers had accumulated 64 trillion and 53 trillion Korean won respectively in cash and cash equivalents by mid-year. As of Sept 21, commercial banks issued 10.86 trillion won in bank bonds, up 79% from August's 6.06 trillion won. Major issuers included KB Kook

According to Li Chao, deputy director of the National Development and Reform Commission's policy research office, meteorological experts forecast a super El Niño event will peak by year-end 2026, with climate impacts extending into summer 2027 and creating significant uncertainty for global food production. Li stated that China's agricultural sector has "the confidence, conditions, and capability" to manage such climate risks.

According to The Fact, single-stock leveraged ETFs with Samsung Electronics and SK Hynix as underlying assets completed listing on May 27, 2026, in just 29 days—less than half the average 62-day listing period for ETFs launched in the same timeframe. The listing occurred exactly one week before South Korea's June 3 local elections. The accelerated process followed a January push by former presidential policy chief Kim Yong-beom, who raised the need for such products, and Finance Minister Lee Euk

According to Microsoft, the company's Hyderabad cloud region in India went live on September 21, becoming AI-enabled and marking the fourth cloud region in the country. The three-zone architecture facility is part of Microsoft's US$20.5 billion investment commitment to India and will expand Azure and AI services over time. Adani Group, Bajaj Finserv, HDFC Bank, and PB Pay have signed up for the new region.

According to E-Daily, on September 22, Kim Hak-kyun, research director at Shinhan Securities, stated that individual investor outflows from South Korea's stock market have reached record levels, with 13.5 trillion won in net outflows in August and 9.8 trillion won withdrawn through September 18. The sharp 38.3% decline over 27 trading days in June-July prompted retail investors to exit the market, with recovery now dependent on foreign investor returns. Kim highlighted that the Middle East confl

According to BNP Paribas economic team, the Federal Reserve is expected to raise rates by 25 basis points each in December 2026 and January 2027, supported by an improving labor market. The bank said on September 21 that unemployment is showing clear signs of declining toward 4.0%, down from 4.1% in August. Two consecutive hikes would reverse all three rate cuts implemented in 2025.

According to Li Chao, deputy director of the Policy Research Office at China's National Development and Reform Commission, water network construction projects attracted more than 10.8 billion yuan in private investment in the first half of 2026, representing an 85.8% year-over-year increase. He made the remarks at a press conference.

According to Guru Club, Alibaba plans to train an artificial intelligence model with parameters ranging from 50 trillion to 100 trillion on September 22.

Finland's President and Norway's Prime Minister held talks Monday evening at the Council on Foreign Relations in the U.S., discussing their countries' support for Ukraine and how the war's conclusion will impact European security. The two leaders also addressed the Arctic region's strategic importance in the current security environment.

According to Alibaba CEO Wu Yongming at the Cloud Summit today, the company targets global data center capacity operated by Alibaba Cloud exceeding 20GW by 2032, driven by strong AI infrastructure demand. On the same day, subsidiary Pingtouge released its most powerful AI chip, Zhenws V900, delivering three times the computing power of the Zhenws M890.

According to Beating, DeepSeek CEO Liang Wenfeng recently disclosed to investors that the company is training a 2 trillion parameter model and plans to develop an 8 trillion parameter model. The company's current flagship V4-Pro contains 1.6 trillion parameters. Kimi K3 by Moonshot AI currently holds the record for the world's largest open-source model at 2.8 trillion parameters, making DeepSeek's planned 8 trillion model nearly 3 times larger.

According to Subnet Summer's August SubConnect Bittensor revenue index, the network entered its 'revenue era' with 24 to 25 subnets currently generating commercial revenue as of September 22. The ecosystem's annual revenue is estimated between $28 million and $35 million, with projections to exceed $100 million by the end of 2026. The number of revenue-generating subnets is expected to grow to 35-40 by year-end. Approximately 14 subnets have launched revenue-driven Alpha token buyback programs,

According to E Daily, Calamos CEO John Koudounis said on September 21 at the Concordia Annual Summit in New York that U.S. stocks will rally strongly if crude oil prices drop below $80 per barrel. Koudounis stated that current inflation is primarily driven by oil prices and that the recent Middle East-triggered energy and inflation shock is temporary, differing from the inflationary surge of years prior. Regarding the Federal Reserve's policy path, Koudounis indicated one additional rate increas

RBNZ Governor Breman stated on September 22 that elevated oil prices could push near-term inflation above expectations outlined in the September statement. The central bank will assess forthcoming data and global developments before its next decision in October, maintaining focus on inflation dynamics. Breman noted that while economic recovery continues this quarter, the pace remains uneven amid significant risks to the broader outlook.