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
18:42
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Metaplanet Defends 188-Million-Share Option Plan After Cutting Pool by 41% on Sept. 11

According to Metaplanet's independent directors in a Sept. 29 letter, the company defended its controversial management stock-option plan that grants Chief Executive Simon Gerovich and four other employees the right to acquire 188 million shares at 10 yen each, significantly below Metaplanet's market price of around 286 yen. The original structure automatically adjusted management's allocation to remain close to 20% of fully diluted shares as the company issued new equity for Bitcoin purchases,
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BTC0.56%
18:37
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Chainlink Launches Fulcrum for Cross-Chain Repo Financing, Demonstrated at Sibos with DTCC

According to ChainCatcher, Chainlink launched Fulcrum, a cross-chain financing product designed to support institutional repurchase markets. The product was jointly demonstrated by Chainlink and DTCC (the U.S. Depository Trust and Clearing Corporation) at the Sibos conference, showcasing its workflow in institutional repo scenarios. Integration efforts with various financing venues are ongoing.
LINK-1.69%
18:37
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PIMCO ZROZ ETF Hits All-Time Low of $53.73, Down 73% Since March 2020

PIMCO's ZROZ ETF, which tracks US Treasury principal STRIPS with 25-30 year maturities, hit an all-time low of $53.73 today. The fund has declined 73% from its March 2020 peak of approximately $202 per share and lost 16% year-to-date. The collapse reflects a generational selloff in zero-coupon bonds as rising US Treasury interest rates (currently 5.64% for 30-year bonds) make principal-only instruments less attractive than traditional bonds that pay interest.
18:37
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SpaceX Completes $75 Billion IPO in June, Becomes 7th Largest U.S. Stock by Market Cap

According to Shin Han Investment & Securities analyst Lee Dong-hun, SpaceX raised $75 billion (approximately 100 trillion Korean won) in its June IPO, becoming the seventh-largest company on the U.S. stock market. The historic milestone demonstrates that the space industry has evolved from speculation into tangible commercial opportunity. The global space industry is projected to grow from 550 billion dollars in 2023 to over 1 trillion dollars by 2040, driven by government spending and declining
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18:33
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WTI November Crude Oil Closes at $90.42 on September 30

According to NYMEX data, on September 30, WTI November crude oil futures closed at $90.42 per barrel. NYMEX November natural gas futures settled at $3.0260 per million British thermal units. NYMEX October gasoline futures closed at $3.4378 per gallon.
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18:32
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OpenAI Accuses Moonshot AI of Extracting GPT Data on Sept. 30, with 16,000 Requests Logged

According to Bloomberg, OpenAI accused Chinese AI developer Moonshot AI on Wednesday, September 30, of large-scale data extraction from its GPT models. The company alleged that users linked to Moonshot AI conducted thousands of attempts to obtain hidden reasoning information from OpenAI's models, beginning in early July and reaching a peak of 16,000 requests by month-end. OpenAI stated that Moonshot AI personnel used a technique involving copying encrypted reasoning content from one conversation
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18:30
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ECB's Schnabel Says Strong Credit Flows Suggest Financial Conditions Not Restrictive

According to Yonhapinfomax, Isabel Schnabel, ECB executive board member, said on September 30 during a capital market seminar in Luxembourg that recent strong credit flows suggest financial conditions are not yet restrictive, or lending related to artificial intelligence investments is less sensitive to interest rates than expected. Schnabel emphasized that central banks cannot wait until inflation second-round effects materialize, and must assess how shocks will transmit to underlying inflation
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18:29
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XRP Trades Near $1.50, Down 5% as BlackRock Spot ETF Rumors Resurface

According to CoinGecko, XRP traded near $1.50 on September 29, down approximately 5% over the preceding week, as renewed rumors of a potential BlackRock spot XRP ETF surfaced. No application or launch has been confirmed by BlackRock, though the asset manager's head of digital assets previously identified client demand, market value, liquidity, and maturity as key criteria for crypto ETF launches. Seven existing U.S. spot XRP ETFs collectively held approximately $1.77 billion in assets and roughl
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XRP0.37%
18:27
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DogeOS Launches Public Testnet This Week, Brings EVM Smart Contracts to Dogecoin

According to ChainCatcher, DogeOS launched its public testnet on Wednesday as a zero-knowledge rollup introducing EVM-compatible smart contracts to the Dogecoin network, with DOGE serving as the native transaction fee token. The project aims to support trading, lending, stablecoins, prediction markets, and gaming applications while settling state to the Dogecoin blockchain. CEO Jordan Jefferson stated the team is currently focused on the public testnet phase to allow developers time to build and
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DOGE0.23%
18:16
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MGM CEO Leaves Door Open to People Inc. Acquisition Bid This Week

According to CNBC reporting, MGM Resorts International CEO Bill Hornbuckle did not rule out acquiring People Inc., Barry Diller's holding company, at the Global Gaming Expo this week. When asked if MGM was considering buying People Inc., Hornbuckle said the company would continue pursuing shareholder interests and "trying to unlock the value of a company that we think is grossly undervalued." This reverses People Inc.'s position after it withdrew its $48.30-per-share proposal to buy the rest of
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18:12
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Arthur Hayes Expects Ethereum to Hit $10,000 by Year-End, Citing Security Advantage

According to CoinDesk, Arthur Hayes expects Ethereum to reach $10,000 by year-end, nearly four times its current price near $2,700. Hayes said he favors Ethereum because he can deploy large amounts of capital without fearing a sudden 75% loss from an exploit, citing scale and safety over short-term momentum. "I like Ethereum because I can put a large amount of money into it. I'm not worried that I wake up one day that's down 75% because of some exploit," Hayes stated. He argued Ethereum remains
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ETH-0.23%
18:12
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TOKEN2049 Singapore Confirms October 7-8 Event with Nasdaq CEO, Eric Trump, Tom Lee

TOKEN2049 Singapore is scheduled for October 7-8, 2026, with major industry figures confirmed to appear, according to TheStreet. Nasdaq CEO Adena Friedman, Eric Trump, and hedge fund manager Tom Lee will headline the event alongside crypto founders including Polymarket's Shayne Coplan and Hyperliquid Labs' Jeff Yan. Executives from BlackRock, JPMorgan, and Morgan Stanley are also expected to attend. Last year's Singapore edition drew over 25,000 attendees from more than 7,000 companies.
HYPE3.89%
18:11
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Bottomline Partners with Chainlink at Sibos 2026 to Enhance $16 Trillion Payment Processing

At Sibos 2026, Bottomline announced a strategic partnership with Chainlink to enhance payment processing for over 600 banks handling $16 trillion in annual transactions, according to Natasha Lapierre, Bottomline's Global Head of Product Strategy and Innovation. The collaboration will leverage Chainlink's decentralized oracle network to improve the security and reliability of financial transactions across these institutions.
LINK-1.69%
18:11
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OpenAI's Dots Agent Runs on Nine-Core AMD EPYC VMs, Scores 6x Higher Than Meta Muse on Geekbench 7

According to Tom's Hardware analysis of Geekbench 7 results released on September 29, OpenAI's dots agent runs on nine-core AMD EPYC 9V74 virtual machines with 9.73GB of memory. Post-launch Geekbench 7 runs show dots achieving median multi-core scores of approximately 8,550, compared to Meta's Muse agent at 1,394—about 6 times higher. Dots, powered by GPT-6 Astra, launched Tuesday for Pro and Business Premium users. The performance gap stems from dots' nine-core configuration versus Muse's two-c
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