Gate Crypto Flash News and Market Updates

On Friday (September 25), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage declined to $576 million with 3 counterparties, down from $630 million on the previous trading day.

According to U.S. Treasury Secretary Scott Benson's statement on X, yesterday (September 25) Benson held a productive call with Japanese Finance Minister Satsuki Katayama to discuss yen strength. Benson stated that a stronger yen reflecting Japan's solid economic fundamentals is desirable and emphasized the importance of maintaining close communication on foreign exchange markets. The conversation follows discussions between President Trump and Japanese Prime Minister Sanae Takaichi earlier this

According to E Daily MarketIn, on September 26, South Korea's National Growth Fund announced a five-year plan to deploy 150 trillion won across advanced industries, with 30.6 trillion won scheduled for 2026 alone. However, as of late July, only 16.3 trillion won had been approved and 4.1 trillion won actually executed, raising concerns that accelerated funding deployment could outpace investment validation capabilities. The risk was highlighted by the recent case of Azweemake, a food platform op

According to C-port analyst Jay Goldberg on September 25, Nvidia (NVDA) and Broadcom (AVGO) offer limited near-term upside due to TSMC production capacity constraints and intensifying competition in the semiconductor sector. Goldberg noted that Nvidia faces difficulty achieving earnings surprises given capacity limits and the law of diminishing returns as the company scales. NVDA is increasingly reliant on bundled product offerings and financial engineering to drive results. Broadcom faces simil

According to U.S. Treasury Secretary Scott Bessent, on September 25, Bessent held a productive call with Japanese Finance Minister Satsuki Katayama to discuss yen strength reflecting Japan's strong economic fundamentals. Bessent stated via X that both officials emphasized the importance of close communication on foreign exchange markets. The discussion followed recent talks between U.S. President Trump and Japanese Prime Minister Sanae Takaiichi, reflecting the strengthened U.S.-Japan partnershi

According to The Fly, on Friday, Bank of America downgraded Nike to Underperform from Neutral and cut its price target to $30 from $47, citing a longer-than-expected turnaround and weak earnings expectations. BofA analyst Lorraine Hutchinson also lowered Nike's fiscal 2027 and fiscal 2028 earnings-per-share estimates by 11% and 12%, respectively, with the FY27 EPS forecast now 14% below Visible Alpha consensus. Nike's earnings report is scheduled for October 1 after market close. The latest down

According to Bitget CEO Gracy Chen, hackers stole $387.5 million in cryptocurrency from the exchange on September 24, making it the largest crypto breach of 2026. Attackers spoofed transaction data to trick Bitget's authorization system into approving unauthorized transfers from hot and warm wallets, rather than stealing private keys. The haul includes approximately 103 million XRP worth roughly $157 million. Bitget's User Protection Fund, holding over $464 million, will cover the full loss, lea

According to Bitfinex, US spot Bitcoin ETFs attracted $2.84 billion in inflows across six recent trading sessions. Notably, $538 million of those inflows arrived during two sessions when Bitcoin prices declined, suggesting investors view price dips as buying opportunities.

Bitfinex recently announced the relaunch of USDt on the Bitcoin network, leveraging infrastructure developed by utexo and RGB Hub. According to the exchange, the upgrade utilizes RGB as the settlement layer to enhance USDt functionality within the Bitcoin ecosystem and streamline transactions on the network.

Yemen's Presidential Leadership Council announced on September 25 that individuals who defect from the Houthi movement and cease combat or related work starting September 26 will be included in a forthcoming comprehensive amnesty program.

UK's 2-year gilt yield dropped 7.1 basis points to 4.839% on Friday (September 25), after opening with a gap lower and subsequently trading higher, briefly approaching 4.9%. The 10-year gilt yield fell 1.5 basis points to 5.366% in late European trading, while the 2/10-year curve steepened by 5.459 basis points to +52.526 basis points. Over the week, the 2-year yield gained 1.8 basis points, with the 10-year yield up 7.1 basis points and the 30-year yield up 10.2 basis points.

According to The Information, on September 25, Tesla's Optimus V3 robots still require workers to manually assemble hands with over 100 screws and small components, despite the company aiming to produce 20,000 units weekly. Production reached several hundred robots per week last month after Tesla repurposed its Model S and Model X production lines for Optimus, but the smaller, more precise Optimus parts are creating manufacturing challenges.

Tesla's EU-wide Full Self-Driving approval vote has been pushed back to December from the originally planned October date. An official EU Technical Committee on Motor Vehicles draft agenda for an October 6 meeting lists only further discussions, not a vote, marking a two-month delay. Tesla CEO Elon Musk responded to the postponement on X with a brief, "Sigh." TSLA stock was down 1.4% at the time of reporting, despite opening nearly 2% higher. Meanwhile, seven EU member states including Lithuania

According to U.S. officials cited by Al Jazeera, approximately 40 million barrels of oil passed through the Strait of Hormuz over the past 48 hours.

According to Baker Hughes, U.S. energy companies increased the number of active drilling rigs for the third consecutive week.

According to Putin's recent statement, Russia is aware of rights violations against Russian-speaking residents in Baltic countries, but Russia is responding through humanitarian channels rather than other means.

According to Russian state news agency TASS, Russian President Vladimir Putin stated that Russia has no intention to prepare for any hostile actions against Europe.

The number of U.S. natural gas drilling rigs for the week of September 25 increased to 135, up from 134 in the prior week.

The U.S. oil rig count reached 599 in the week of September 25, increasing from 595 in the prior week.

U.S. oil drilling activity increased during the week of September 25, with the rig count rising to 455 from 452 the previous week, according to Baker Hughes data.