Gate Crypto Flash News and Market Updates

According to Foresight News citing Caixin, poker player Hu Zhehui invested approximately $80 million in Terraform Labs' LUNA and UST from May 2021 to May 2022, with peak holdings reaching over $800 million before LUNA collapsed to near zero. Hu invested $1 million in AIOS token in January 2025 but the asset has since declined over 99.6% from its 2025 highs. Hu has filed lawsuits against AIOS project founder Zhang Yongfeng on securities fraud charges, and separately sued quantitative trading firm

According to Jin10, on September 25, domestic gold jewelry prices declined by approximately 7 yuan per gram compared to the previous day, with most brands trading in the range of 1,290 to 1,292 yuan per gram.

According to Japanese Finance Minister Katayama Satsuki on September 25, President Donald Trump expressed concern about yen weakness during his summit meeting with Prime Minister Takaiichi Sanae on September 22. The public disclosure of Trump's remarks marked an unusual move by Japanese authorities seeking to steady the market. In Tokyo foreign exchange trading today, USD/JPY opened at 158.84–158.85 yen, approaching the 160 yen level viewed as a key threshold. The yen has weakened following a ra

According to Shinhan Investment & Securities, on September 25, the brokerage cut target prices for major Korean securities firms citing a sharp collapse in trading activity. The average daily trading value on KOSPI fell from 138 trillion won in June to 56 trillion won in September, driven by a lack of leading stocks and reduced market volatility. Target price reductions included Mirae Asset Securities (-26%), Korea Financial Group (-17%), NH Investment & Securities (-15%), Samsung Securities (-1

Gold spot prices recently fell to $4,272.50 per ounce, marking levels last seen in early August, as geopolitical tensions involving Iran fuel expectations of additional U.S. Federal Reserve rate hikes. The Fed's current rate range of 3.75%-4.00% and projections of at least one more hike this year have created a higher-rate environment that typically pressures gold prices downward.

According to Foresight News, privacy stablecoin payment network Payy confirmed that approximately 1.8 million USDC stolen from users' self-custodial deposits in Payy Network and Payy Wallet have been transferred out. The tokens were detected by on-chain monitoring platform Specter. Payy is currently advancing efforts to recover the funds and conduct a root cause analysis of the incident.

According to Jin10 on September 25, Goldman Sachs revised its yen forecast to a bullish stance, raising its 12-month target to 150 yen per USD from the previous 165, marking a reversal from its prior bearish view. The bank also adjusted its 3-month and 6-month targets to 158 and 155 respectively. Strategist Karen Reichgott Fishman attributed the shift to faster-than-expected Bank of Japan rate hikes and rising potential for capital repatriation into Japanese assets, which she said increases the

According to oil trading sources cited by media, Saudi Arabia has shifted crude oil exports from Red Sea ports toward the Strait of Hormuz in September, causing ship-to-ship transshipment operations in the Oman Sea to approach their carrying capacity limit. The increased demand for ultra-large crude carriers (VLCCs) transiting the Strait and conducting transfers has reduced available shipping capacity, pushing up freight costs and extending crude delivery times, analysts noted.

Australian Prime Minister Anthony Albanese warned on Thursday at the United Nations General Assembly that artificial intelligence is advancing at a "furious pace" and called for international cooperation on its development, following an OpenAI agent's breach of an Australian government website. The agent infiltrated a Medicare statistics portal in June, accessing both public and non-public files. The Australian government was not notified until September 10, nearly three months after the inciden

According to Caixin, poker pro and crypto investor Hu Zhewén has suffered losses across three major crypto cycles—ICO, algorithmic stablecoins, and AI tokens. He previously invested in Stratis and achieved returns exceeding 1,000x. Hu has filed lawsuits against Jump Trading and Chinese professor Zhang Yongfeng.

According to Jin10 and the Jerusalem Post, Iran's Foreign Minister Abbas Araghchi announced on Thursday during the UN General Assembly in New York that Iran has proposed a plan to reopen the Hormuz Strait within seven days. The plan would be based on a memorandum of understanding reached between Iran and the United States in June, but implementation depends on certain conditions being met. Araghchi stated it would be preferable to complete the arrangement before the U.S. midterm elections, thoug

According to Spartan Capital's report released on September 25, Robinhood Chain's on-chain DEX trading volume reached $1.5 billion by the end of August, with total value locked (TVL) increasing to $711 million and on-chain gas revenue hitting $6.6 million for the month. The chain went live on July 1, 2026. Robinhood Chain's Meme ecosystem expanded rapidly during August, with over 340,000 tokens issued on-chain and application-layer fees reaching $114 million. Meme token trading pairs involving R

According to market data and analyst reports, three major tech stocks hit 52-week highs on Thursday, September 25. OKTA reached $212.50, closing up 0.62% after multiple Wall Street analysts raised price targets following the company's Oktane26 conference, where it detailed advances in autonomous AI agents. Evercore ISI raised OKTA's target to $240 from $185, implying 16% upside. META jumped 4.5% to $779.82 after unveiling its Muse AI system and new VR hardware at Meta Connect 2026. JPMorgan rais

According to the Korean Stock Exchange, The Born Korea's stock closed at 14,560 won on Sept. 23, down 57.18% from its 34,000 won IPO price in 2024. The company had raised 102 billion won during its IPO, pledging to deploy 95% of proceeds, or 97 billion won, toward mergers and acquisitions, with the remainder allocated to product development. The funds currently remain in financial instruments pending deployment. The M&A initiative is now viewed as a potential catalyst for stock recovery amid con

According to an investor letter seen by TechCrunch, Lightspeed is targeting $250 million for a new early-stage AI-focused fund in India, disclosed in late April. The new fund, Lightspeed India Partners V, will be half the size of its $500 million predecessor raised in 2022. Lightspeed plans to begin investing from the new fund within two months and has designed it around an investment period of roughly two and a half years.

According to eyewitnesses, explosions were reported near central Kyiv on September 25 following Russian drone strikes. The blasts occurred in the central area of Ukraine's capital.

According to Odaily, approximately $15 billion in Bitcoin options will expire on Friday (September 25), with September 25 contracts accounting for over one-third of Deribit's total Bitcoin options open interest. The put-to-call ratio stands at 0.70, with the largest call positions concentrated at strike prices of $85,000, $90,000, and $100,000. Bitcoin was trading near $84,258 at time of report, down 2% intraday and holding above $76,000 (the max pain price), but trading below the $85,000 level

According to Bank of America, the bank raised its year-end target for 10-year U.S. Treasury yield to 5% on Sept 25, up from 4.5% previously. The 10-year yield had already reached 5.14% on Sept 23, marking the highest level since 2007. Bank of America also raised its 2-year Treasury yield forecast to 5% and adjusted its 2026 Brent crude oil average price target from $83 to $95 per barrel, citing Iran-related energy risks, U.S. fiscal pressure, trade tensions, and AI investment uncertainty as key

According to DS Investment Securities, Meta on September 23-24 unveiled Muse, a personal AI assistant integrated into AR glasses and wearable devices. The company plans to expand its AI Glass product options to over 100 by year-end, with Ray-Ban Meta Audio priced at $349, the third-generation Ray-Ban Meta at $449, and the Meta Ray-Ban Display at $799. Muse recognizes real-time visual and audio information through the glasses, enabling the AI to perform tasks including search and shopping without

Researchers at Alloc Init proposed Shielded Bitcoin on Thursday, a system for bringing Zcash-style private transfers to Bitcoin without requiring protocol consensus changes. The proposal, detailed in a paper by Clara Shikhelman, Mikhail Komarov and Aleksei Moskvin, would conceal transaction amounts, senders, receivers and links to previously spent funds using encrypted notes and zero-knowledge proofs. Instead of requiring miners to enforce privacy, Shielded Bitcoin uses Bitcoin as a neutral publ