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
09:57
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Whale Opens $41.64M BTC Short on Hyperliquid, Liquidation Risks at 1.2% Rebound

According to TradingBeats monitoring on Sept 24, a whale address (0xc3ed) opened approximately $41.64 million short position on 500.88 BTC on Hyperliquid, with average entry price at $83,135.2. Using 40x isolated leverage, the position liquidation price stands at $84,174.1. With BTC currently trading at $83,168, a 1.2% rebound would trigger liquidation.
09:53
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SanDisk Posts Fiscal Q4 2026 Revenue of $8.97B, Up 51% Sequentially; Datacenter Revenue Surges 103%

According to SanDisk's fiscal Q4 2026 financial results released on August 5, the company reported revenue of $8.97 billion, up 51% sequentially, with GAAP net income of $6.90 billion, or $43.97 per diluted share. Datacenter revenue rose 103% sequentially to $2.977 billion. Management disclosed that roughly two-thirds of the sequential revenue growth came from pricing while one-third came from higher volumes. All September executive sales disclosed in Form 4 filings were executed under Rule 10b5
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09:52
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Options Brings Waterless Liquid Cooling to Trading Infrastructure on September 23

Options Technology has partnered with ZutaCore to integrate waterless two-phase liquid-cooling technology into its financial-services infrastructure offering. The ZutaCore HyperCool system uses a sealed dielectric fluid in a closed loop to cool processors directly without water in the server environment, enabling clients to deploy higher-density compute for trading, market data, risk and AI workloads. Danny Moore, President and CEO at Options, said the partnership allows clients to deploy denser
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09:51
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Credit Scend Named Title Sponsor of HSC Conference Seoul 2026 on October 1

On September 24, Credit Scend, a self-funded APAC Web3 venture firm, announced its return as title sponsor of HSC Conference Seoul 2026. Co-hosted by MPost Media Group and Z Venture, the conference will take place on October 1, 2026, at Novotel Ambassador Seoul Gangnam and is expected to welcome over 2,000 attendees and more than 50 speakers from global financial institutions, crypto investment funds, and technology companies. The premier event will examine institutional finance and cryptocurren
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09:44
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Wallet Accumulates $10.13M in UNI, LTC, and BNB in 1 Hour

According to on-chain analyst Ai Yi, a wallet accumulated $10.13 million in UNI, LTC, and BNB over the past hour on September 24. The address bought 814,000 UNI tokens valued at $7.443 million, 12,397 Litecoin (LTC) worth $841,000, and 2,382 BNB worth $1.85 million.
UNI-13.35%
LTC7.31%
09:42
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Garrett Jin withdrew 147 million USDC from Hyperliquid and transferred it to CEX, with cumulative losses of 14.7 million USD over 4 months.

Gate News news, Garrett Jin (@GarrettCEX) withdrew all $147 million USDC from the Hyperliquid platform an hour ago and transferred it to a CEX. Data shows that this trader has accumulated a total loss of $14.7 million from trades on the Hyperliquid platform over the past 4 months. According to a tweet previously released by Lookonchain, after losing $35.44 million shorting ZEC, Garrett Jin attempted to long ZEC to chase gains 7 hours ago, but immediately closed the position, again losing $79,000
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09:41
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TRON Wallet MeshWallet Completes $10M Private Fundraising Round

According to ChainCatcher, MeshWallet, a zero-gas USDT wallet based in Tallinn, Estonia, announced today that it has completed a $10 million private fundraising round led by multiple private investors and small family offices. Running on the TRON (TRC20) network, MeshWallet eliminates the need for users to hold TRX to pay gas fees, allowing them to settle transfer fees directly in USDT.
TRX-0.99%
09:37
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PBOC Releases 2026 Renminbi Internationalization Report, Outlines Plans to Deepen Yuan Cross-Border Use on September 24

According to a statement released by the People's Bank of China on September 24, the central bank unveiled its 2026 renminbi internationalization report, announcing plans to improve foundational institutional arrangements for cross-border yuan use. The PBOC outlined support for expanding offshore renminbi markets, deepening financial market opening, and bolstering Shanghai and Hong Kong as international financial centers.
09:35
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Asphalt Futures Surge Over 5% on Thursday as Crude Oil Strengthens and Supply Tightens

According to Guangdhe Futures, asphalt futures surged over 5% on Thursday (Sept 23), driven by crude oil strength amid stalled U.S.-Iran negotiations and tight domestic supply. Data from Baichuan Yingfu showed bituminous crude device utilization at 26.17% (down 1.75% weekly), refinery inventory at 15.81% (down 0.33%), and social inventory at 14.69% (down 0.52%). Demand is expected to strengthen during the traditional "golden September, silver October" construction season, with northern projects
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09:31
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Mid-Sized Bitcoin Wallets Add 113,950 BTC as Price Approaches $90K Resistance

According to Santiment, wallets holding between 100 and 1,000 BTC have accumulated 113,950 Bitcoin since July 15, bringing their combined holdings to 5.24 million BTC, a 2.22% increase. The accumulation period coincides with Bitcoin briefly reaching $87,000 earlier this week before retracing to stabilize near $84,000. Bitcoin has reclaimed its 365-day moving average near $80,500, last broken above in March 2023, and cleared the $76,000-$81,000 supply band. Analysts view the $88,000-$90,000 range
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BTC-2.96%