Gate Crypto Flash News and Market Updates

According to Polygon Foundation CEO Sandeep Nailwal, 100 million POL tokens have been permanently burned, representing approximately 1% of total supply. The burn contract is now available for any community member to trigger. Nailwal indicated the community may consider executing quarterly POL burns in the future.

According to Cointelegraph, on September 24, four major UK banks—Lloyds, NatWest, Barclays, and HSBC—completed the first interbank tokenized deposit transactions globally.

According to Shandong Gold's statement at its 2026 H1 earnings call on Sept. 24, the company is actively advancing several M&A projects. In selecting domestic acquisition targets, Shandong Gold prioritizes assets located in major ore-bearing regions with large reserves and significant exploration potential, preferring operating mines under equal conditions. For international targets, the company considers factors including the country's political stability and investment environment to mitigate

Qualcomm announced today (September 24) the launch of Snapdragon Sound Elite Gen 2 platform for audio wearables, delivering AI capabilities doubled compared to the previous generation. The platform integrates advanced Snapdragon Sound technology, on-device AI, cloud-connected capabilities, and low-power Wi-Fi 6E support, enabling personalized audio experiences with real-time translation and contextual assistance. The chipset also reduces power consumption by up to 40% and chip area by up to 30%,

Unity Software shares surged nearly 5% overnight Wednesday following Meta Platforms' Meta Connect 2026 event, where CEO Mark Zuckerberg unveiled new VR glasses, Ray-Ban products, and artificial intelligence initiatives. According to Stocktwits, retail sentiment for U shifted to 'extremely bullish' from 'neutral.' In April, Unity and Meta extended their multi-year platform support agreement, with Unity continuing to power the majority of Meta's top-selling VR games.

According to Jin10 Data on September 24, Australia's unemployment rate rose unexpectedly to a five-year high in August, despite strong employment rebound. The mixed jobs report did not shift market expectations for the Reserve Bank of Australia to raise rates next Tuesday. Markets currently price a 95% probability that the RBA will hike for the fourth time, raising the official cash rate to 4.6%. Oxford Economics Australia economist Oscar Guth noted that August job growth failed to keep pace wit

Tesla's next-generation Roadster will debut on October 1, with the company having reopened preorders requiring a $5,000 refundable deposit followed by $45,000 via wire transfer within 10 days. Despite multiple near-term catalysts—including the Roadster launch, Semi truck event on September 24, and Q3 delivery data—the options market has shown muted reaction. One-month implied volatility sits at the 36th percentile of its past-year range, while 30-day IV stands at approximately 41%, near the lowe

According to sources, the Reserve Bank of India has implemented at least $10 billion in currency swap operations in recent weeks to reduce liquidity in the financial system.

According to Bits.media, Russia's Central Bank on September 24 modified mutual fund investment rules, allowing professional investor funds to invest in derivatives linked to digital currency quotes. Retail funds may also hold tokenized securities and U.S. exchange-traded funds tracking cryptocurrency prices, capped at 10% of assets; closed-end funds permitted up to 20%.

AnyMind Group announced on September 24 that it had entered a partnership agreement with Alibaba Cloud to integrate Qwen into AnyLive, its AI-powered live commerce platform for Asia. Qwen, Alibaba's family of large language and multimodal AI models, will be added to AnyLive's multi-model architecture to enhance how AI avatars respond to customer questions during livestreams. The integration is designed to improve language fluency, proper use of honorifics, and AI avatars' understanding of local

According to Daiwa Securities analyst Thanawat Thangchadakorn on September 24, Thai banks' third-quarter loan growth is expected to remain flat quarter-over-quarter, with banks maintaining cautious lending and focusing primarily on corporate loans. The analyst projects that credit costs for covered banks may decline both year-over-year and quarter-over-quarter. Daiwa Securities maintains an "outperform" rating on Thai banking stocks, citing expectations around U.S. Federal Reserve policy as a po

According to CNBC and energy data firm Kpler, international oil prices fell on September 24 as Asia's crude imports surged. November-delivery Brent crude futures dropped 0.52% to $102.54 per barrel, while November-delivery West Texas Intermediate (WTI) declined 0.34% to $91.85, following reports that Asia's September crude imports reached 23.96 million barrels per day—the highest level since February and exceeding August's 23.38 million barrels per day. Meanwhile, Iranian President Masoud Pezesh

According to Goldman Sachs' One-Delta trading desk head Rich Privorotsky, in a recent report, the S&P 500 and Nasdaq are positioned at the edge of a significant breakout, with AI agents driving a structural productivity revolution. Privorotsky argues that despite seasonal headwinds, elevated real rates, and geopolitical risks, current market caution and low positioning themselves represent upside potential. The core catalyst, he notes, is the accelerating adoption of AI reasoning agents, which w

U.S. stock futures edged lower in the overnight session late Wednesday as long-dated bond yields soared to 19-year highs amid rising inflation concerns. Dow futures declined 0.13%, while the S&P 500 fell 0.10% and the Nasdaq-100 edged 0.08% lower as of 10:35 PM EDT. The 10-year Treasury yield climbed to 5.127%, its highest level since July 2007, driven by stronger-than-expected U.S. business activity. According to S&P Global, its flash U.S. Composite PMI Output Index, which tracks manufacturing

According to McDonald's CEO Chris Kempczinski in an interview on September 23, weak traffic growth and persistent inflation have become the new normal for the restaurant industry, with no expectation of improvement. The company's most recent quarter showed U.S. same-store sales growth of just 0.8%, while U.S. foot traffic declined during the period. Kempczinski noted that beef costs in McDonald's largest markets have nearly doubled over the past five years, compounded by rising labor and constru

According to Ark Invest Tracker data reported by ChainCatcher, Cathie Wood's Ark Invest increased its holdings in 3IQ Solana Staking ETF by 5,589 shares, worth approximately $51,000.

According to Jordan's Ministry of Foreign Affairs on September 24, the Israeli government's policies threatening regional security faced increased international criticism during UN General Assembly proceedings. Jordan pledged to continue exposing the inhumanity of Israeli occupation and push the international community to adopt concrete, effective, and binding measures against Israeli expansion and aggressive policies. Jordan stated that Israel must be held accountable for violating internationa

According to the National Energy Administration, as of end of August, China's cumulative installed power generation capacity reached 410.3 gigawatts (GW), representing an 11.1% increase compared to the same period last year.

According to Ledger Insights, Bitcoin's share of bank crypto holdings in Americas fell to 44.2% from 75.8% in the Basel Committee on Banking Supervision's H2 2025 report, while Ether rose to 38.5%. Solana and XRP accounted for 7.8% and 5.6% respectively. Customer-related activity in Americas surged 93% to 6.4 billion euros, while European activity declined 25% to 1.9 billion euros.

Alibaba's DAMO Academy released DAMO EAGLE, an esophageal cancer screening AI model, on September 24 in collaboration with Sichuan Province Cancer Hospital and Sun Yat-sen University Cancer Prevention and Treatment Center. The model requires no intubation or contrast imaging and can identify esophageal cancer and precancerous lesions from plain CT scans. It has been validated on over 80,000 cases across three countries. The related research was published in the international journal Nature Medic