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
08:18
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Entropy Spends 500 HYPE to Acquire Pearl (PRL) Code, May Launch Perpetual Futures

According to BlockBeats, on September 26, HIP-3 marketplace deployer Entropy spent 500 HYPE (approximately $45,000) to acquire the Pearl (PRL) code, with reports suggesting perpetual futures for Pearl may launch soon. Pearl, an independent blockchain that went live in April 2026, positions itself as an "AI version of Bitcoin," with miners using GPUs for large language model computations. The token has a total supply of approximately 2.1 billion.
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HYPE-1.14%
PRL2.63%
08:09
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South Korea's K-Expo in Mexico Generates $12.5M in Contracts in Single Day; Beauty Companies Cite Tariff Concerns

According to Yonhapinfomax, President Lee Jae-myung visited the K-Expo in Mexico City on September 25 (local time), where Korean companies signed 34 contracts worth $12.5 million in a single day. During the visit, executives from Amore Pacific and LG Household & Health Care raised concerns about rising tariffs in Mexico. Amore Pacific's CEO reported a 10 percent tariff increase on non-FTA countries, which he cited as a challenge to K-beauty expansion plans targeting tenfold growth within five ye
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08:00
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Kristin Smith Returns as Interim CEO of Blockchain Association After Summer Mersinger Steps Down on October 16

According to PANews, announced on September 26, the Blockchain Association said CEO Summer Mersinger will step down on October 16 and serve as advisor through year-end to assist transition. Kristin Smith, former CEO and current Solana Policy Institute president, will return as interim CEO effective October 17. Smith was the association's first employee when established in 2018 and served as CEO until 2025. Mersinger, a former CFTC commissioner, joined the association in June 2025.
SOL3.78%
07:58
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China and U.S. Reach Eight-Point Consensus, Agree on $30 Billion Reciprocal Tariff Reduction

According to ChainCatcher, during a state visit to the United States, Chinese President Xi Jinping and U.S. leaders reached an eight-point consensus on strategic stability and agreed on a $30 billion reciprocal tariff reduction. The two countries committed to building a strategic relationship based on respect, fairness, and reciprocity. They also agreed to establish a China-U.S. dialogue channel on artificial intelligence and recognized the positive role of bilateral economic and trade consultat
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07:49
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Meta Adds Safety Warning to Muse After Discovering SEV-2 Security Flaw

According to Reuters, Meta is adding a clearer safety warning in Muse, its AI agent for shopping, travel, and payments, after an outside researcher discovered a vulnerability classified as SEV-2—the company's third-highest severity level on a five-point scale. The flaw could have allowed an attacker to access a user's dedicated virtual machine containing sensitive information such as emails and files. Meta disclosed the issue through its bug bounty program. Muse launched earlier this month and t
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07:46
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Crypto Market Cap Rebounds to $3 Trillion for First Time Since January on September 22

According to CoinGecko, the crypto market cap rebounded to over $3 trillion for the first time since January as of September 22, driven by Bitcoin's strong recovery. The market value increased by more than $740 billion following the U.S. Treasury's announcement last month on increased long-term bond repurchases. Leveraged trading activity surged alongside, with perpetual futures open interest across tokens climbing to nearly $160 billion, the highest level since late October 2025, according to C
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BTC0.08%
07:45
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South Korea's Stock Market Closes Sept. 24-25 for Chuseok Holiday, U.S. Exchanges Operate Normally

According to Herald Economy, South Korea's stock market (Korea Exchange) will close on September 24-25 for the Chuseok holiday, while U.S. stock exchanges NYSE and Nasdaq operate normally during the same period. Trading resumes on September 28. During the holiday, investors should monitor key U.S. economic indicators, Federal Reserve policy signals, Middle East developments, and international oil prices (Brent and WTI), according to Kim Myung-sil, analyst at iM Securities. The U.S. weekly jobles
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07:43
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Silver Falls to $64.17 as 10-Year Treasury Yield Hits 19-Year High of 5.22% on Friday

Silver closed Friday, September 26 at $64.17 an ounce, down 3.4 percent for the week, as the 10-year U.S. Treasury yield reached 5.22 percent – its highest level in 19 years – pressuring the non-interest-bearing metal, per Kitco. The dollar index climbed to two-month highs amid expectations for a possible second Federal Reserve rate hike in October, following the Fed's decision to raise rates to 3.75-4.00 percent on September 16. Technical support sits at $62.30 (the September 16 low), with resi
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07:36
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Bitget Launches Bounty Program Today, Circle Freezes $318K in Stolen Stablecoins

According to Bitget CEO Gracy Chen, Bitget launched a stolen funds compensation bounty program today (September 26). The program offers 5% reward for freezing attacker funds and an additional 5% for successful fund recovery. Circle and Tether have frozen 218,023 USDT and 99,990 USDC linked to the attack, totaling approximately $318,000. Bitget reported total losses of $351.6 million from the incident.
07:31
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Bitcoin MVRV Ratio Breaks Above 1.0 on Sept 20, BTC Rises to $84,156

According to CryptoQuant analyst Axel Adler Jr., the adjusted MVRV ratio broke above the 1.0 benchmark on September 20, marking Bitcoin's entry into bull market phase when BTC was trading at $80,691. The ratio currently stands at 1.018 with Bitcoin at $84,156. This marks the sixth transition from early bull to bull market stage since 2012.
BTC0.08%
07:26
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NVIDIA Stock Surges 138x Over 10 Years, Outperforms Bitcoin's 135x Gain

According to Korean Economic Daily, NVIDIA stock has delivered the highest 10-year returns among major investment assets, surging approximately 138 times from September 2016 to September 2026. A hypothetical 100 million Korean won investment in NVIDIA a decade ago would now be valued at approximately 13.8 billion won, based on the stock price rising from $1.58 to $217.44 over the period. Bitcoin showed strong performance as well, climbing approximately 135 times from $572.30 to $77,403 over the
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BTC0.08%
07:18
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Whale Clears 282,700 SOL Position Today for $4.41M Profit After Month-Long Hold

According to TradingBeats monitoring data, address 0x13da...08be cleared approximately 282,700 SOL long positions earlier today, realizing a profit of around $4.41 million. The whale accumulated the position between August 30-31 at an average entry price of $104.79 per SOL, then liquidated today at an average price of $120.39 per SOL, capturing a 14.9% gain over the near one-month holding period.
SOL3.78%
07:15
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Canada Signs Initial Agreement to Purchase 6 GlobalEye Early Warning Aircraft from Saab on September 25

According to Jin10 citing Agence France-Presse, Canada signed an initial agreement with Swedish defense firm Saab on September 25 to purchase 6 GlobalEye airborne early warning aircraft. The Canadian Department of National Defence stated the agreement establishes the scope for detailed follow-up negotiations. The GlobalEye's radar system will be manufactured in Canada and will primarily support surveillance operations in the Arctic region. Canada also plans to procure associated systems and trai
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