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
02:08
0

Korean Covered Call ETF AUM Surges 12 Trillion KRW Since January; Investors Warned of Distribution Rate Traps

According to Korean Economic Daily, as of late August, Korean covered call ETFs saw their combined assets under management reach 27.57 trillion KRW, up 12 trillion KRW since the start of 2026. However, the outlet warned that high distribution rates do not guarantee strong returns. Among the top 19 Korean covered call ETFs by annual distribution rate, 73.7% underperformed their stated distribution rate on a one-year total return basis, with four posting negative returns, as underlying asset price
More
02:07
0

France's Public Debt Ratio to Hit 119.3% of GDP in 2026, Rising to 121.7% by 2027

According to France's Ministry of Economy and Finance, on September 19, the country's public debt ratio is projected to reach 119.3% of GDP in 2026, rising further to 121.7% in 2027. Data from France's National Institute of Statistics and Economic Studies showed that as of the end of Q1 2026, France's total public debt stood at 3.5361 trillion euros, representing 117.5% of GDP, up from 115.7% at the end of 2025.
02:04
0

ASIC and XPU Shipments to Exceed GPU Share at 54% in 2027, JPMorgan Chase Projects

According to JPMorgan Chase's fall 2026 semiconductor industry update, ASICs and XPUs will account for 54% of AI accelerator unit shipments in 2027, surpassing GPUs, with the share rising further to 55% by 2028. The custom AI ASIC market is projected to reach $60–70 billion in 2026, with future compound annual growth exceeding 40–50%. Broadcom and Marvell currently hold approximately 90% market share, with Broadcom accounting for 80–85%. Broadcom's five-year TPU supply agreement with Google (202
More
02:04
0

Hyperliquid Whales Hold $8.945B in Positions, Short-Biased at 0.91 Ratio

According to Coinglass data cited by ChainCatcher, whales on Hyperliquid currently hold $8.945 billion in open positions, with long positions accounting for $4.267 billion (47.7%) and short positions at $4.679 billion (52.3%). Separately, a whale address 0x5b5d..60 is running a 5x full-position short on ETH entered at $2,297.25, currently facing an unrealized loss of $3.306 million.
02:03
0

Russia Destroys 344 Ukrainian Drones Overnight; Poland Activates Military Aviation on September 20

According to Russia's Defense Ministry, the country's air defense systems destroyed 344 Ukrainian drones overnight on September 20. In response to Russian strikes on Ukrainian territory, Poland's military has begun aviation operations within its airspace, with ground-based air defense systems and radar reconnaissance systems placed on combat alert status. Turkey's Foreign Ministry has proposed to both Ukraine and Russia measures to halt Black Sea conflict activities and is awaiting their respons
More
02:02
0

JOE Drops 10.9% in 60 Minutes to $0.0327, Trading Volume Exceeds $1M

JOE dropped 10.9% in the last 60 minutes, falling to $0.0327 from a high of $0.0367. The rapid decline occurred amid broader selling pressure in the crypto market, despite the token gaining 4.14% over the last 24 hours. Trading volume remained active at over $1 million, indicating continued market participation amid the price volatility.
01:58
0

Shinhan Financial Expands Vingroup Partnership From Auto Loans to Capital Markets With $100M+ Financing

According to Shinhan Financial's announcement on September 20, the South Korean bank expanded its partnership with Vietnam's largest company by market cap, Vingroup, moving beyond auto financing into capital markets. Since 2024, Shinhan Vietnam Bank has provided $100 million in cumulative auto loans to VinFast, Vingroup's electric vehicle subsidiary, while Shinhan Vietnam Finance offered 15 billion won in installment financing for approximately 14,000 motorcycles in the first half of 2026. The t
More
01:47
0

Aave V4 Goes Live On Circle's Arc With USDC, EURC, cirBTC And WETH

According to Aave Labs, Aave V4 was activated on Circle's Arc blockchain on September 16 and is now fully operational. The initial market supports USDC, EURC, cirBTC, and WETH as launch assets. The deployment uses Aave V4's hub-and-spoke architecture, with a Core Liquidity Hub serving multiple spokes for different borrowing and collateral use cases.
AAVE-1.13%
01:46
0

Reform UK Plans 'Computing and Crypto Workers Union' to Counter Foreign Donation Restrictions

According to the Daily Mail, Reform UK official Aaron Banks said the party plans to establish a 'Computing and Crypto Workers Union' if the Labour government tightens foreign donation rules. The proposed union would represent workers in information technology, artificial intelligence, and cryptocurrency sectors, and be registered legally in the UK. The report also noted Reform UK may encourage supporters to join existing unions to expand its influence within union organizations. The plan has not
More
01:45
0

Kalshi Files with SEC and CFTC to Launch U.S. Equity Perpetual Futures on September 20

According to BlockBeats, Kalshi filed proposed rule changes with the SEC and CFTC on September 20 to launch perpetual futures contracts linked to U.S. equities. The proposed contracts will have no set expiration date and maintain price alignment with underlying stocks through regular funding rate payments between long and short positions. Kalshi noted that these contracts will be classified as securities futures products and cleared through its CFTC-registered clearing facility, Kalshi Klear.
01:44
0

China's Total Consumption Rises 2.5% in First Eight Months of 2026

According to Jin10, citing China's Ministry of Commerce, total retail sales of consumer goods and services grew 2.5% year-over-year in the first eight months of 2026, with consumption maintaining steady growth and structural optimization. Service retail sales climbed 4.9% during the period, outpacing commodity retail growth of 1.1% by 3.9 percentage points, reflecting a shift toward balanced consumption between goods and services.
01:44
0

Samsung Hosts 2026 Tech Forum in Silicon Valley on September 18, Gathers 80+ Global Developers for AI Strategy

According to Yonhapinfomax, Samsung Electronics CEO Roh Tae-moon and executives from the DX (Device Solution) division hosted the 2026 Tech Forum in Silicon Valley on September 18, bringing together approximately 80 developers and leaders from global tech companies. The event, now in its eighth year, focused on sharing Samsung's medium-to-long-term artificial intelligence and robotics vision, as well as key business directions and research areas.
01:44
0

Acer PC Prices to Rise 5%-20% in Q4 as Memory Chip Shortages Ease but High-End Chips Remain Tight

According to Acer Chairman Chen Jun-sheng on September 19, memory chip shortages have eased as Chinese suppliers release increasing capacity, though prices remain volatile. High-end chips such as LPDDR5 and DDR5 9600 paired with N1 or N1X processors continue to be in short supply, while DDR4 faces overcapacity. CPU availability is adequate except for Microsoft's low-cost licensing program variants, which face supply constraints. Acer plans to increase inventory of low-cost components to manage c
More
01:37
0

Samsung Electro-Mechanics Stock Rises 4.36% as KB Securities Maintains 3 Million Won Target, Forecasts Q3 Operating Profit Up 154%

According to KB Securities, Samsung Electro-Mechanics' stock rose 4.36% to 1.388 million won on September 18, as the brokerage maintained a 3 million won price target amid expectations of strong Q3 earnings. KB Securities analyst Lee Chang-min forecasted Q3 operating profit of 660.1 billion won, up 154% year-over-year, and revenue of 3.83 trillion won, up 33% year-over-year, significantly exceeding market consensus. The gain was driven by AI server-related products, including multilayer ceramic
More
01:34
0

Bank of America Warns Fed Policy Rate Could Exceed 5%, Short-Term Treasury Yields Have Further Upside

According to Bank of America strategists Mark Cabana and Meghan Swiber, released Friday, the Federal Reserve's policy rate risks breaking above 5%, with short-term Treasury yields having further upside potential. The strategists said rate markets may be underestimating the endpoint of the Fed's rate-hiking cycle and recommend positioning for higher two-year Treasury yields. Current swap market pricing reflects expectations for three more 25 basis point hikes, bringing the federal funds rate to 4
More
01:34
0

UBS Names Amazon, Texas Instruments, Palantir as Top AI Stock Picks on September 20

According to UBS analysts, the bank released 14 top stock picks on September 20, highlighting opportunities in the artificial intelligence sector. Amazon is UBS's preferred large-cap internet company with a $318 target price. Among semiconductor manufacturers, Texas Instruments is the top pick with a $380 target. For software, Palantir sits at the intersection of AI and data trends with a $250 target price. The analyst team noted the AI spending cycle remains in early stages, with substantial ca
More
01:33
0

Over $197M in Crypto Liquidated in 24 Hours, Ether Leads Losses

According to Coinglass data, over $197 million in cryptocurrency positions were liquidated in the past 24 hours, with long positions accounting for $84.38 million and short positions $113 million. Bitcoin long liquidations totaled $10.27 million while short liquidations reached $17.75 million. Ethereum saw $11.15 million in long liquidations and $28.53 million in short liquidations. The largest single liquidation occurred on Bybit's ETHUSDT pair at $1.21 million, affecting 94,280 traders overall
More