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
12:28
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Trump Administration Exploring Fuel Tax Suspension as Diesel Prices Hit $6.50 per Gallon

According to Bloomberg, Trump administration officials are exploring measures on September 26 to address surging diesel prices, including suspending fuel taxes and removing sales restrictions on dyed diesel. Vice President Vance, Energy Secretary Wright, Interior Secretary Burgum, and Treasury Secretary Bessent are among the senior officials involved in discussions. U.S. diesel prices remain elevated at $6.50 per gallon. Earlier this week, Trump's proposed export ban on diesel fueled price incre
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12:26
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South Korea to Shorten Stock Settlement Cycle to T+1 Following Chuseok, Overhauls Kosdaq

According to Yonhapnews TV, South Korea's government announced plans to shorten the stock settlement cycle from T+2 (two trading days) to T+1 (one trading day) following the Chuseok holiday, with a detailed roadmap to be released in October. The change will allow investors to receive funds from stock sales faster, though settlement risks may increase due to compressed timelines, particularly for foreign investors. Additionally, the Korea Exchange will introduce Kosdaq segmentation to strengthen
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12:22
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Bitget Withdrawal Resumption Starts With Bitcoin on Sept 28

According to Bitget's withdrawal resumption plan, Bitcoin withdrawals are set to resume at 08:00 UTC on September 28, followed by Ether on September 29, USDT on September 30, and other assets plus fiat services on October 2. The exchange suspended withdrawals on September 24 after detecting unauthorized transfers totaling approximately $387.5 million from its wallets. Bitget's technical team has fixed the identified vulnerabilities and is conducting additional security checks with assistance fro
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BTC-0.46%
12:20
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South Korea Savings Banks Raise Deposit Rates to 4.07% as Investors Shift from Stocks

According to the Financial Supervisory Service, South Korean savings banks today reached record high deposit rates for 12-month fixed deposits, with Woori Savings Bank offering 4.07% annual interest—the highest across all banks and savings institutions. The rate hikes follow intensifying competition among major banks. South Korea's five largest banks—KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup—raised their standard fixed deposit rates to an average of 3.4%–3.5%, up from 3.2%–3.4% previousl
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12:18
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CZ Denies Having Power to Move Crypto Markets, Says August 19 Bitcoin Post Timing 'Pure Coincidence'

According to BlockBeats, on September 26, Binance founder CZ stated during the "When Shift Happens" podcast that while he remains bullish on Bitcoin, he does not have the ability to influence overall crypto market prices. CZ addressed a post he made on August 19 when Bitcoin was trading around $60,000, which the market interpreted as encouragement to buy. The crypto market subsequently surged approximately 20% in the following days. CZ clarified he lacks the power to drive market-wide price move
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BTC-0.46%
12:13
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Morgan Stanley Shifts AI Investment to 'Barbell Strategy': Supply Bottlenecks and Adoption Enterprise in Focus

According to Morgan Stanley's latest thematic research report, AI investment is entering a new stage shifting from pure compute expansion toward a "barbell strategy," with exposure concentrated at two ends: addressing supply bottlenecks in AI infrastructure—particularly power—and identifying AI-adopting enterprises achieving measurable business benefits. The report indicates AI-adopting enterprises are showing profit inflection, with expected cumulative EPS growth of approximately 70% over the n
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12:12
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CFTC Sues Cash FX Group Over $950M Forex Ponzi Scheme, Cites $406M Losses

According to the CFTC, the Commodity Futures Trading Commission has sued Cash FX Group S.A., CEO Huascar Jose Lopez Castillo, The Conversion Pros Inc., CEO Ronald Pope, and Justin Halladay, alleging they operated a multilevel marketing Ponzi scheme that collected over $950 million for purported foreign-exchange trading. The civil enforcement action, filed in the U.S. District Court for the Middle District of Florida, alleges participants were promised weekly returns of up to 15% on pooled forex
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12:10
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Six U.S. Tech Giants Need $1.42 Trillion Revenue by 2030 to Hit 15% ROI on AI Infrastructure: Goldman Sachs

According to Goldman Sachs, a report released on September 26 analyzed AI capital spending returns for six major U.S. tech firms—Alphabet, Amazon, Microsoft, Meta, Oracle, and SpaceX—based on their 2026-2027 investments. Assuming approximately $42 billion in upfront costs per gigawatt (GW) of computing capacity, Goldman Sachs estimates these six companies must collectively generate $1.42 trillion in revenue between 2028 and 2030 to achieve a 15% annual return on invested capital (ROIC), equivale
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12:07
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Federal Reserve Requests Public Comment on Two Stablecoin Regulatory Proposals Under GENIUS Act

According to a Federal Reserve release issued on Thursday, the Fed requested public comment on two proposals for establishing a regulatory framework for supervised payment stablecoin issuers under the GENIUS Act. The first proposal would require stablecoin issuers to fully back their coins with high-quality liquid assets such as short-term Treasury bills, standardize capital requirements, and set risk-management standards. The second would establish an application process for banks seeking to is
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12:06
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Binance Founder CZ Supports Hyperliquid and DEX Competition, Cites Industry Penetration Under 1%

According to BlockBeats, Binance founder CZ on September 26 expressed support for Hyperliquid and welcomed more decentralized and centralized trading platforms to participate in industry innovation during a podcast appearance. CZ estimated that crypto asset ownership penetration among the global population ranges from 5% to 15% by headcount, but only accounts for less than 1% of personal wealth allocation, indicating the industry remains in its early stage.
HYPE-1.25%
11:56
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Shanxi Governor Accelerates Coal Production Recovery Efforts on September 26

According to Shanxi Radio and Television, on September 26, Shanxi Provincial Governor Lu Dongliang chaired a meeting on coal safety and stable production. He emphasized the need to reverse the declining coal output trend and accelerate the restart of coal operations while maintaining safety standards. The province aims to stabilize coal production and supply while optimizing its coal industry ecosystem to support national energy security.
11:56
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Ripple CEO's January Comments on XRP vs. Stablecoins Resurface; Multi-Asset Model Already Built

According to Ripple CEO Brad Garlinghouse, comments made on January 22 about XRP potentially being the best bridge asset for some cross-border payments while stablecoins may solve other customer needs more effectively resurfaced on social media on September 24. Garlinghouse framed the remarks as conditional rather than a ranking, rejecting an XRP-only approach and pushing back on being labeled an XRP maximalist. Ripple Payments currently reflects this multi-asset posture, supporting settlement i
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XRP-3.02%
11:48
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Bitget CEO Calls on THORChain to Refuse Service to Attacker Addresses on Sept 26

According to PANews, Bitget CEO called on THORChain to refuse service to addresses linked to an attacker today (September 26), stating that the relevant addresses have been publicly identified and are under continuous tracking. The CEO emphasized that decentralization is a design principle and should not serve as a shield to facilitate the handling of known stolen funds.
11:43
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Individual Investors in South Korea Net Sell 17.92 Trillion Won in September; US ETF Purchases Fall 50%

According to Korea Exchange, South Korean individual investors net sold 17.92 trillion won on the KOSPI through September 22, marking the largest monthly outflow since April and a return to net selling after five months of accumulation. Meanwhile, individual purchases of U.S.-listed ETFs traded domestically fell to 1.40 trillion won in September from 2.80 trillion won in August, a 50% decline. The outflows occurred as KOSPI tested support around the 7000-point level, with analysts citing profit-
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11:43
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Nokia Stock Falls to $10.39, Down 38% From June High as Nvidia Stake Loses $1bn

According to stockanalysis.com, on 25 September 2026, Nokia (NOK) closed at $10.39, down 38% from its June peak of $16.85. Nvidia's 2.9% stake in the Finnish telecom equipment maker, acquired for approximately $1 billion in October 2025, is now valued at about $1.73 billion, down from roughly $2.80 billion at the June high. The stock remains up 122% over the past twelve months but has surrendered gains amid reassessment of AI infrastructure spending. Q2 results showed comparable operating profit
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11:13
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Whale Boomer Accumulates $9.35M ZEC Position in 15 Minutes on September 26

According to BlockBeats and TradingBeats data, Boomer's address 0xbf73...75d58 accumulated 6,000 ZEC within 15 minutes early on September 26, establishing a long position worth approximately $9.35 million at an average entry price of $1,558.90. As of 16:26 UTC on September 26, the position remained open with a value of approximately $9.18 million, representing an unrealized loss of about $171,000.