Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
11:32
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South Korea Approves $23.3B Texas Gas Power Plant, But U.S. Demands 50-50 Ownership Despite Full Funding

South Korea's government today approved its first major U.S. investment project: a natural gas combined-cycle power plant in Texas with a reported cost of approximately $23.3 billion. The facility is intended to supply electricity to nearby data centers and other large-scale facilities in the region. However, a significant dispute has emerged over equity structure. South Korea would fund 100% of the construction costs, yet the U.S. side is reportedly demanding an initial 50-50 equity split, with
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11:32
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ECB, EU Central Banks Propose Replacing 30% Bank-Deposit Rule for Stablecoin Reserves

According to its Tuesday response to the European Commission, the European Central Bank (ECB) and EU central banks proposed replacing the existing 30% minimum bank-deposit requirement for stablecoin reserves with liquidity-based thresholds. The proposal aims to reduce liquidity risks for banks from large stablecoin withdrawals. Under the proposed rules, stablecoins would instead need to hold 40% of reserves in assets maturing within one working day and 60% within five working days, citing draft
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11:31
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Iran's Foreign Minister Comments on UN General Assembly Theme on Restoring Trust

Iran's Foreign Minister Alagchi commented on the United Nations General Assembly theme for this year on September 22, stating that "Restoring Trust in the United Nations" reflects a reality that global confidence in the organization has significantly eroded. He noted that the UN's lack of effectiveness in maintaining international peace and security is a primary cause of this trust deficit.
11:30
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South Korea to Establish Strategic Sovereign Wealth Fund, Deputy PM Lee Hyung-il Announces on September 22

According to South Korea's Deputy Prime Minister Lee Hyung-il on X (formerly Twitter) on September 22, the government will proceed with establishing a strategic sovereign wealth fund to lead industrial economy amid international competition. The fund will directly invest in national strategic industries to support long-term stable growth, with profits returning to citizens. The Ministry of Finance and Economy will coordinate with parliament on related legislation and establish implementation sys
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11:27
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Iran Denies Reports on Strait of Hormuz Reopening on Sept 22

According to Iran's FARS News Agency on September 22, Iranian officials denied reports from Reuters and Kyodo News regarding the reopening of the Strait of Hormuz, stating the reports are unreliable and inaccurate. The earlier positive messages about Iran-U.S. negotiations and potential strait reopening had pressured oil prices lower.
11:27
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Global Biofuel Production Projected to Surge 70% by 2030 Amid Iran Crisis Response

According to research released Tuesday by Chatham House and the Forest Stewardship Council, global biofuel production is projected to surge by nearly 70% from 2025 levels by 2030. The increase is driven by major producing nations raising mandatory biofuel blending ratios in response to energy shortages triggered by the Iran conflict.
11:25
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Bitcoin Short Liquidations Exceed $900M Overnight; Open Interest Rises to 717,400 BTC

According to BlockBeats citing Coinglass data, Bitcoin short positions were liquidated for over $900 million yesterday afternoon (September 22) as BTC surged. Despite the massive liquidations, Bitcoin's coin-margined contract open interest increased to 717,400 BTC, up from 685,600 BTC the previous day. The long-to-short ratio stood at 1.0612 at press time, indicating that market sentiment remained balanced without a one-sided bullish bias following BTC's sharp rally.
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11:23
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Spanish PM Sánchez Opposes Attempts to Undermine Multilateralism at UN Event on September 22

On September 22, Spanish Prime Minister Pedro Sánchez stated at a "Partners of Multilateralism" event in New York that Spain opposes any attempts to undermine multilateralism. Sánchez emphasized Spain's commitment to defending universal and inclusive multilateralism, rejecting war, promoting diplomacy, advancing sustainable development, and supporting a more equitable international financial system. He also called for "more inclusive and legitimate" multilateral institutions.
11:23
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Dutch Police Arrest Two Men Over Counterfeit EURC Rolex Scam on Marktplaats

According to the Dutch Police (politie.nl), authorities in the eastern Netherlands arrested two men on suspicion of using counterfeit EURC cryptocurrency to purchase multiple Rolex watches on secondhand platform Marktplaats. Victims discovered the tokens received were fraudulent and worthless. The suspects, identified as a 24-year-old from Geleen and a 45-year-old from Leiden, were tracked down following a television segment that prompted public tips. During a search, police found firearms and n
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11:20
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Iran Signals Strait Reopening; Eurozone Yields Hit 2-Week Low, German 10Y Bund at 3.441%

According to ChainCatcher, Iran signaled a possible reopening of the Strait of Hormuz, prompting oil prices to decline and eurozone bond yields to fall for a second consecutive day, touching their lowest levels in two weeks. German 10-year bund yields retreated to 3.441%, while traders anticipate the European Central Bank will tighten policy by approximately 35 basis points for the remainder of the year.
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11:20
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Bitcoin Whale 'Xian Ding 10 Ge Da Mubiao' Holds $12.26M Unrealized Gains on BTC Long, 26.19% Return Since Aug 28

According to ChainCatcher, on-chain analysts have tracked that whale 'Xian Ding 10 Ge Da Mubiao' currently holds unrealized gains exceeding $12.26 million on its BTC long position, representing a return rate of approximately 26.19%. The whale has maintained a long strategy since publicly disclosing a BTC accumulation between $78,000 and $79,800 on August 28. Analysis of current position data indicates holdings of 2,206.71 BTC, valued at approximately $187 million, with an average entry price of
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BTC1.49%
11:19
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Police in Hunan Arrest Two Suspects in USDT Ponzi Scheme; Victim Lost 30,000 Yuan

According to a statement by Linwu County Public Security Bureau in Hunan Province, police arrested one suspect on August 19, 2026, in a cryptocurrency Ponzi scheme case. A second suspect involved in money laundering was apprehended on September 17. The scheme operated through social media recruitment; the primary suspect posed as an investment advisor, luring a victim to purchase USDT and exchange it for a manipulated token. The suspects artificially inflated the coin price, then dumped it, rend
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11:19
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DeepSeek to Brief UN Security Council on AI Risks This Week

According to Reuters, DeepSeek will brief the UN Security Council on artificial intelligence risks this week on Wednesday, when the body discusses AI and international security. The briefing coincides with the UN General Assembly in New York. OpenAI CEO Sam Altman is scheduled to present, and Anthropic representatives are expected to participate. DeepSeek and other Chinese AI companies, including Moonshot, have been invited to submit statements.
11:19
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UBS Raises ChargePoint Price Target to $9 from $8 on Improved Profitability

According to UBS, on September 22, the investment bank raised ChargePoint Holdings' (CHPT) price target to $9 from $8, citing improving profitability in recent results and increased confidence in the EV charging company's path to profitability. UBS raised its revenue forecasts for CHPT's fiscal 2027–2029 periods to $449 million, $512 million, and $630 million respectively, up from prior estimates of $438 million, $490 million, and $603 million. The bank highlighted meaningful progress in gross m
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