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
22:34
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AMD Briefly Hits $1 Trillion Market Cap, Up 13% as AI Agent Demand Surges

According to CNBC's Jim Cramer, AMD briefly surpassed $1 trillion in market cap on Monday before slipping back below the milestone. The chipmaker rallied nearly 13% last week and has gained almost 30% in September, fueled by Meta's launch of Muse, its personal AI agent platform. Cramer said the growing adoption of AI agents is driving significant demand for CPUs, where AMD "remains the leader." He noted that as investor focus shifted from AI model training to inference and agentics, "demand for
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22:30
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U.S. Dollar Strengthens to 101.219 on Sept 28 as Trump Rejects Iran Ceasefire

According to Yonhap Infomax, the U.S. dollar strengthened today as of 4 p.m. ET on Sept 28. The Dollar Index (DXY) rose to 101.219, up 0.216 points or 0.214% from the previous close. The dollar gained pressure after President Trump rejected Iran's seven-day ceasefire proposal over the weekend, which boosted oil prices alongside broader dollar strength. The USD-JPY rate climbed to 157.425, up 0.164 yen or 0.104%, despite intervention attempts by Japanese finance officials. The EUR-USD rate declin
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22:25
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LS Securities Raises GS Engineering & Construction Target Price to 50,000 Won on September 29

According to LS Securities analyst Kim Se-ryeon, the firm raised its target price for GS Engineering & Construction from 44,000 won to 50,000 won on September 29, maintaining a buy rating. Kim cited the company's strength in AI data center development and nuclear power projects as key drivers for the valuation upgrade. GS E&C ranked first domestically in data center completions in Q1 2026 and holds nuclear engineering expertise with approximately 100 personnel.
22:25
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Jim Cramer Recommends Meta, Intel, Microsoft as Oil and Bond Yields Weigh on Stocks

According to CNBC's Jim Cramer, stocks fell on Monday (September 28) as Treasury yields jumped and oil prices surged. The Dow Jones Industrial Average dropped 347 points, or 0.7%, while the S&P 500 and Nasdaq declined 0.8% and 0.9%, respectively. Cramer said investors should remain selective rather than exit the market entirely, favoring companies with strong demand, pricing power, and scale. He highlighted Meta Platforms for its new AI personal assistant Muse, Intel for growing AI chip demand u
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22:22
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Goldman Sachs Forecasts S&P 500 Rally by Year-End, Sees No Need to Wait for U.S. Midterms

According to Goldman Sachs, global equity markets may face clearer upside opportunities before year-end without waiting for the U.S. midterm elections to conclude. Goldman partner Mark Wilson said markets have already priced in stagflation risks adequately, and if the economy develops toward a "Goldilocks" scenario—moderate growth without overheating or recession—investors can rebalance into risk assets sooner. The bank cited improving fundamentals: inflation narrative cooling as core inflation
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22:21
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Ethereum Leads Euro Stablecoin Market as Total Cap Hits $900M

According to CryptoTwitter commentator @tokenterminal, the euro stablecoin market has recently surpassed $900 million in total market capitalization, with Ethereum commanding a dominant position at $644 million, representing approximately 71% market share. Solana and Base follow with $122 million and $59 million respectively, reflecting growing deployment of euro stablecoins across multiple blockchain networks.
ETH-0.31%
SOL-3.52%
22:21
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NEAR Intents Freezes Over $50M in Bitget Hack Funds on September 24

According to @WuBlockchain citing Aurora co-founder Alex Shevchenko, on September 24, NEAR Intents froze over $50 million in funds linked to the Bitget hack. Attackers attempted to move the stolen assets through NEAR's systems, but the platform's SHIELD risk system detected and blocked the illicit flows. Approximately $166,000 was traced and $503,000 was frozen pending legal recovery proceedings.
NEAR-13.32%
22:21
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Euro Stablecoins Surpass $900M Market Cap, Circle Leads With $527M

According to Token Terminal, euro stablecoins recently surpassed $900 million in market cap. Circle leads the sector with a market cap of $527 million, followed by Societe Generale at $171 million and Credit Agricole at $62 million. These top three issuers account for approximately 84% of the total euro stablecoin market.
22:20
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South Korea's Financial Services Commission to Introduce Bear Hug Disclosure Rules for Low-PBR Companies on September 28

According to South Korea's Financial Services Commission, announced on September 28 at Korea Premium Week, the regulator will accelerate adoption of Bear Hug disclosure rules requiring listed companies to mandatorily announce M&A offers and board opinions to all shareholders. The measure aims to improve corporate valuations of chronically undervalued firms by requiring immediate public disclosure of acquisition proposals and forcing independent board assessments. The amended capital market law,
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22:19
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Goldman Sachs, BlackRock Maintain Bullish KOSPI 12,000 Target on Sept 28

According to the Financial Services Commission on Sept 28, Goldman Sachs and BlackRock executives met with South Korea's financial leadership to reassess the nation's capital market outlook. Goldman Sachs Asia-Pacific head Kevin Snyder reiterated the bank's 12,000-point KOSPI target, citing South Korea's competitive advantages in semiconductors, AI, energy, and finance. BlackRock co-head Jude Abdel-Majeed praised the government's regulatory reforms and called the National Growth Fund "strategica
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22:19
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U.S.-China Trade Truce Extended to January 2027; October Markets Focus Shifts to Corporate Earnings

According to a Hana Securities report on September 29, the U.S. and China have extended their trade truce by two months to January 10, 2027, easing immediate tariff escalation risks. However, the extension does not lower actual tariff costs for companies, as key tariffs and tech-focused disputes remain under negotiation. Both nations agreed to recommend preferential tariff treatment on 30 billion dollars each in non-sensitive goods, though no definitive tariff cuts have been confirmed. As geopol
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22:13
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Hyundai Motor Stock Falls 15.8% After Announcing 2.5M Share Cancellation on Sept 28

According to South Korea's financial investment industry, Hyundai Motor decided to cancel 2.505 million shares (worth approximately 789 billion Korean won) on Sept 28. However, the stock price fell 15.8% from Sept 27 closing, ending at 353,500 won. Large-scale share buybacks have failed to drive sustained price gains following a mandatory cancellation law implemented in March. HMM previously canceled 81.8 million shares (worth approximately 2.14 trillion won) in August 2025, yet its stock declin
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22:13
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Shinyang Securities Maintains EcoPro BM Buy Rating at 170,000 KRW as European Orders Ramp Up

According to Shinyang Securities analyst Park Jin-soo on September 29, the brokerage maintained a buy rating and 170,000 Korean won price target for EcoPro BM. While short-term sales headwinds persist at major customers, Park expects a significant boost from European customer deliveries beginning in the second half of 2027 and the consolidated contribution from an Indonesian nickel intermediate plant (BNSI). The analyst projects long-term earnings growth, with consolidated sales potentially reac
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22:13
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Bank of America Sets Two Key Indicators to Trigger Stock Deleveraging Signal

According to Michael Hartnett, Bank of America's chief strategist, if the MOVE index—which measures U.S. Treasury volatility—surges above 125 while the iShares Global Finance ETF (IXG) falls below $125, equity markets may face a sharp "risk-off deleveraging event." In recent days, the MOVE index surged 33% within two days, while the 10-year U.S. Treasury yield reached its highest level in 19 years, pressuring bond prices amid rising inflation expectations.
22:08
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JPMorgan Shifts to Bullish Stance on U.S. Stocks Ahead of Midterm Elections, Targets Semiconductors and Big Tech

As U.S. midterm elections approach, JPMorgan shifted to a bullish stance on U.S. equities in late September, reversing its neutral position held during the Jackson Hole meeting period. Goldman Sachs data supports the optimism, showing that historically, the 12 prior U.S. midterm elections saw volatile September-early October trading, followed by substantial relief rallies post-election through spring. Over the past 90 years, the S&P 500 averaged 17% gains in the 12 months following midterm elect
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22:08
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Korean Retail Investors' US Stock Net Purchases Fall 57.7% in August to $1.962 Billion

According to Korea Securities Depository, Korean retail investors' net purchases of US stocks in August totaled $1.962 billion, down 57.7% from $4.642 billion in July. Daily settlement volume for combined buy and sell transactions also declined, falling from $2.986 billion in June to $1.856 billion in August, a drop of 37.8% over two months. The pullback followed a rebound in US equities: Nasdaq 100 rose 4.2% in August after a 6.6% decline in July, while the S&P 500 gained 2.7%. Higher US Treasu
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