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
10:38
0

Naver Stock Falls to 201,500 Won, Down 11.6% in Month; Mirae Maintains 280,000 Won Target

According to Mirae Asset Securities, Naver's stock fell to 201,500 won on September 16, down 11.6% over the past month, amid concerns about demand visibility for its AI data center business. The analyst maintained a buy rating and a target price of 280,000 won, citing a lower valuation multiple for 2027 (estimated PER of roughly 15x) despite near-term earnings headwinds. The firm noted that large customer contracts confirming demand for AI DC capacity would be key to reversing the stock's underp
More
10:37
0

Saudi Arabia's Central Bank Exits mBridge After Completing Proof-of-Concept in May 2025

According to the Financial Times, Saudi Arabia's central bank (SAMA) exited the mBridge cross-border central bank digital currency platform after completing its proof-of-concept in May 2025, a move previously undisclosed. SAMA joined as an observer in 2023 and participated in minimum viable product development in 2024 before withdrawing its membership. The bank denied the exit was related to U.S. pressure. mBridge, initiated by the Bank for International Settlements' Hong Kong Innovation Hub in
More
10:37
0

U.S. Individual Investors Turn 53% Bearish on Stocks as AAII Sentiment Hits 16-Month High

According to CNBC on September 20, the American Association of Individual Investors (AAII) weekly survey showed that approximately 53% of surveyed individual investors turned bearish on U.S. equities over the next six months, up about 14 percentage points from the previous week and marking the highest level since May 2025. Bullish sentiment fell to under 29%, down roughly 10 percentage points weekly and hitting a near one-year low. Rising oil prices and U.S. 10-year Treasury yields hovering near
More
10:34
0

Apple Raises iPhone 18 Pro Target Price to $380 on Friday Launch, +13% Upside

According to Evercore ISI, iPhone 18 Pro began sales on Friday (Sept 18) as analyst Amit Daryanani raised Apple's price target to $380 from $365, implying 13% upside from Thursday's close of $337. The move follows a consumer survey of approximately 4,000 respondents showing iPhone upgrade demand may exceed expectations. Daryanani noted demand appears slightly better than last year, potentially driving growth after a strong upgrade cycle. Bank of America Securities analyst Wamsi Mohan also mainta
More
10:32
0

REX and Tuttle Launch ASSX 2X Leveraged ETF Tracking Strive on Cboe

REX Shares and Tuttle Capital Management launched the T-REX 2X Long ASST Daily Target ETF on Friday, beginning trading on Cboe under the ticker ASSX. The fund seeks to deliver 200% of the daily performance of Strive shares before fees and expenses. Unlike spot Bitcoin ETFs, ASSX does not directly hold Bitcoin; instead, it tracks the common stock of Strive, a major publicly traded Bitcoin treasury company currently holding approximately 25,000 BTC. The leveraged ETF amplifies daily moves in Striv
More
BTC-1.11%
10:22
0

ZetaChain Proposes L1 Shutdown, Migrate $ZETA to Solana as SPL Token

According to a source tweet, ZetaChain proposed to shut down its Layer 1 network and migrate its $ZETA token to Solana as a native SPL token. The transition aims to leverage Solana's speed, liquidity, and infrastructure, allowing ZetaChain to focus on its private multi-modal AI application, Anuma, which has over 300,000 users.
ZETA-3.46%
SOL-3.51%
10:21
0

Pentagon Identifies Intelligence Failures, Outdated Imagery as Cause of February 28 Iran School Airstrike

According to Pentagon investigators and U.S. officials released on September 19, an airstrike on a school in Minab, Iran, on February 28 that killed numerous children resulted from intelligence failures, outdated satellite imagery, and over-reliance on AI systems. The investigation found that although the location was previously designated a military facility, commercial satellite images showed the site had changed use years earlier, with images from 2018 revealing colorful walls and a soccer fi
More
10:16
0

Aircraft Breaches Trump's Airspace at Camp David, Trump Returns Early and Cancels Sunday Plans

According to NORAD, a general aviation aircraft breached a temporary restricted airspace near Thurmont, Maryland on Sept 19 at approximately 7:50 a.m. local time while President Trump was at the nearby presidential retreat Camp David. The aircraft was safely escorted out of the restricted zone by F-16 fighter jets. Following the incident, Trump cut short his weekend schedule and returned to the White House on the evening of Sept 19, one day earlier than planned. The White House Press Pool report
More
10:13
0

Crux AI Secures $22B Chip-Collateralized Loan from 10-Bank Consortium Last Week

According to Bloomberg, Crux AI secured a $22 billion chip-collateralized loan from a consortium of 10 banks last week. The funds will be used to purchase Google-designed TPU chips. The lending consortium includes Goldman Sachs, Sumitomo Mitsui Bank, Barclays, BNP Paribas, and Scotiabank, among others. Crux AI is a cloud services joint venture launched by Blackstone and Alphabet in May.
10:03
0

Coinbase Derivatives Files for Individual Stock and ETF Perpetual Futures on Sept 20, Awaiting CFTC Approval

According to SEC filings, Coinbase Derivatives filed a rule change on Sept 20 to establish a cash-settled futures trading framework for individual stocks and ETF shares, including perpetual futures with no expiration date. The contracts will be cash-settled without physical delivery or conferring ownership of underlying securities. Coinbase Derivatives simultaneously submitted an application to the CFTC, which has not yet approved the proposal. The proposed rules require underlying securities to
More
10:02
0

South Korea Bitcoin Premium Hits -1.08% Against Binance on September 20

According to digital asset exchange data, South Korea's four major exchanges—Upbit, Bithumb, Coinone, and Cobit—reported a bitcoin premium of -1.08% against Binance as of 6:30 PM KST on September 20. Ether, XRP, and Tether posted average premiums of -1.03%, -1.08%, and -1.05%, respectively.
BTC-1.11%
XRP-2.80%
10:02
0

Apollo Navigation Computer Takes 10.3 Seconds Per Bitcoin Hash; Current Difficulty Would Require 13 Million Times Age of Universe

According to Bitcoin.com News, the Apollo navigation computer was programmed in 2019 to run the Bitcoin mining algorithm, requiring 10.3 seconds to complete one double SHA-256 hash operation. Computer scientist Ken Shirriff's team verified the results using block 286,819 but did not obtain Bitcoin. When tested, the Bitcoin network hashrate was approximately 65 EH/s, meaning the device would need roughly one million times the age of the universe to find a block on average. Following a difficulty
More
BTC-1.11%
10:02
0

Tesla FSD in Australia and New Zealand Cuts Collision Rate 40%, Reduces Hard Braking 90% Over One Year

According to Tesla's official announcement on September 16, the company's Full Self-Driving Supervised version has operated for one year in Australia and New Zealand, covering 160 million kilometers compared to 2.4 billion kilometers of human-driven miles with active safety enabled. The data shows a 40% reduction in collision rates—FSD averaged one collision per 1.78 million kilometers versus one per 1.07 million for human drivers. Hard braking incidents dropped 90%, occurring once every 1,823 k
More
09:59
0

Iran Demands Asset Freeze Lifting, Regional Peace as Condition for U.S. Talks on September 19

According to Iran's Supreme National Security Council Secretary Muhsin Rezaei, on September 19, Iran conveyed specific negotiation conditions to the United States through Qatari and Pakistani mediators. Rezaei stated that if the U.S. wishes to resolve its self-created predicament, it must accept Iran's demands, which include unfreezing Iranian assets, ending all regional conflicts including in Lebanon, halting interference in Iran's domestic affairs, ceasing support for Iranian opposition groups
More