Gate Crypto Flash News and Market Updates

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.

According to Stocktwits, Snap Inc. (SNAP) stock closed at its lowest level in over a month on Wednesday, falling 6% to $5.29, marking its second straight session of losses. The decline came as CEO Evan Spiegel's promotion of the company's $2,195 SPECS standalone augmented reality glasses drew investor criticism on social media, with retail traders questioning the device's price and viability. Hours later, Meta unveiled a wider range of eyewear starting at $249 for its Adventurer glasses, with Ra

According to ECB Governing Council member Kochler, the eurozone has shown signs of stronger economic momentum since summer.

According to BlockBeats, on September 24, Japan's 10-year government bond yield rose to 3.075%, marking the highest level since August 1996, while the 5-year yield climbed to 2.37% and 30-year yield reached 4.134%. The sell-off follows a three-day holiday recess and tracks broader U.S. Treasury weakness. UOB noted that rising oil prices, stronger-than-expected U.S. PMI data, and weak demand for a $70 billion U.S. 5-year Treasury auction fueled the global bond sell-off. U.S. 5-year yields surged

According to Saudi Arabia's government data, the country's goods exports declined 17.2% year-over-year in July, with crude oil exports falling 12.8% over the same period.

According to Simon Ballard, chief economist at First Abu Dhabi Bank, the Federal Reserve should consider pausing its rate hike cycle in October to signal it has no preset timeline for continued tightening, despite last week's decision to raise rates by 25 basis points. Ballard stated the recent hike conveyed that "more tightening is coming," but an October pause would imply the Fed is committed to fighting inflation without committing to an extended rate-hiking cycle. Market pricing via LSEG dat

According to Dan Ives, Partner and Senior Managing Director at Yorkville, Meta AI chief Alexandr Wang is "a special one" and "almost the anti" compared to other AI leaders, following Wang's meme-heavy campaign on X around Meta's Muse launch in September. In a CNBC interview, Ives noted that Wang's playful banter reflects Meta's entrepreneurial culture and acquisition strategy, which he argued is essential for large tech companies to compete in AI. Wang posted multiple meme-laden updates showcasi

According to Taiwan's Ministry of Economic Affairs Mineral and Coal Bureau, the agency will conduct inspection tours in Colorado and Washington, D.C. by late October to advance rare earth supply chain cooperation with the United States. The visits will focus on mine development information and regulations related to heavy rare earth elements required domestically. Taiwan has set a 2030 target to achieve 50% of rare earth production self-sufficiency. Subsequent visits to Canada are also planned,

According to Taiwan's Ministry of Economic Affairs announced today, the government aims to achieve 50% self-sufficiency in rare earth supply and processing by 2030. The Geological Survey Center is conducting exploration missions across three nations: Australia (visited in May), the United States (planned for late October in Colorado and Washington), and Canada as a next phase. The focus is on heavy rare earths, which are critical for high-tech applications. Taiwan currently relies heavily on Chi

According to MoneyDJ, Hong Kong's Securities and Futures Commission (SFC) unveiled a strategic action plan on September 24 aimed at advancing high-quality development of the city's capital markets and reinforcing its position as an international financial center. The plan targets including RMB counters in Stock Connect by July 1, 2027, and launching the Real Estate Investment Trust (REIT) Connect scheme by the first half of 2027. SFC chief executive Leung Fung-yee stated that expanding the RMB p

According to Jin10 Futures, SC crude oil surged over 4% overnight on Sept 24 following a complete breakdown in U.S.-Iran talks at the United Nations. Iranian officials hardened their stance, stating Iran will not capitulate under threats and will not allow free passage through the Strait of Hormuz. The rhetoric shift was reinforced by a fresh attack on cargo vessels in the waterway, rekindling geopolitical risk premiums that had been squeezed out during the earlier de-escalation phase. Low inven

According to Goldman Sachs Asset Management, reported by Jin10 on Sept 24, the asset manager does not expect the Federal Reserve to enter a sustained rate-hiking cycle. The firm stated: "We believe tariff and energy-related price pressures may fade, the economy shows little sign of overheating, and inflation expectations remain anchored." The Fed's point-dot plot from last week's meeting indicated one more rate increase this year. According to LSEG data, money markets are pricing in a cumulative

According to Nikkei, JR Kyushu and SBI Holdings plan to establish a business partnership and launch a comprehensive financial services app in fiscal 2027. The application will provide banking, securities, and insurance services to meet user asset management needs. The two companies are expected to announce the collaboration on September 25.

According to Yonhapinfomax, the U.S. dollar strengthened against the Korean won on Sept 24, with the USD/KRW exchange rate climbing to 1,378.80 as of 11:58 a.m. Seoul time, up 15.40 won from the previous close of 1,358.40. The dollar index broke above 101 for the first time since late July, driven by rising U.S. Treasury yields and stronger-than-expected economic data, including a September composite Purchasing Managers' Index (PMI) preliminary reading of 58.4, the highest since July 2021.

According to analyst Ai (@ai9684xtpa) on September 24, Bankless co-founder David Hoffman configured NEAR, ZEC, HYPE, and LIT in June, with all four assets now showing significant gains. LIT has surged 293%, NEAR up 223%, ZEC up 173%, and HYPE up 106% from their purchase costs of $1.35, $1.4, $560, and $45 respectively. Hoffman reiterated his bullish stance on ZEC and NEAR earlier today, comparing ZEC to "ETH in 2021" and calling NEAR the "new consensus anchor for smart contracts."

According to Polish military, the Polish Air Force concluded operations related to Russian strikes on Ukraine on September 24. No airspace violations were recorded during the period.

At a recent address to the United Nations, Iran's President Ali Pezeshkian declared that Iran would not yield to U.S. threats, emphasizing Tehran's resilience amid ongoing tensions with Washington. Pezeshkian expressed simultaneous support for diplomatic efforts, reflecting a dual approach of defiance and dialogue in Iran's foreign policy.

Circle National Trust, operating as First National Digital Currency Bank, N.A., received final approval from the Office of the Comptroller of the Currency on July 10, 2026, and began operations on July 24. The federally chartered trust bank serves as the regulated custodian for cirBTC, Circle's ERC-20 token backed 1:1 by native Bitcoin held in segregated, bankruptcy-remote accounts. cirBTC enables Bitcoin holders to access Ethereum-based DeFi protocols without selling their BTC. Chainlink's Proo