Gate Crypto Flash News and Market Updates

Water levels on the Rhine River plunged to historic lows over the weekend, with diesel barge shipping costs doubling amid the reduced capacity for transportation. Market analysts expect the basin to remain dry this week, though water levels are anticipated to begin recovering in early October as weather conditions improve.

According to ETF Check on September 28, South Korean exchange-traded funds increasingly incorporated preferred shares as discount premiums over common shares widened, offering investors a combination of dividend yield and capital appreciation potential at relatively lower valuations. PLUS K Manufacturing Core Companies Active ETF held the highest allocation of Samsung Electronics preferred shares (Samsung Electronics preferred) among domestic listed ETFs, reaching 31.65% of its portfolio as of t

According to Glassnode, spot traders have shifted toward altcoins, with altcoin spot trading volume reaching approximately 4 times Bitcoin's level—the highest since September 2025.

According to Adobe Analytics, U.S. online sales are projected to reach $275.1 billion during the holiday shopping season from November 1 to December 31, 2026, which includes Thanksgiving and Christmas. The forecast would mark a record-breaking year for holiday season e-commerce spending.

According to BlockBeats, on September 28, MEXC account holder shuangfei8 confirmed the platform has resolved a security breach involving approximately $340,000 in stolen assets. The user stated that MEXC's team handled the incident responsibly and efficiently. Earlier that day, shuangfei8 reported that attackers exploited an unrestricted API to drain the account, raising questions about the platform's security protocols.

According to Crypto Briefing, Solana recorded over 800 million non-vote transactions in a single week, marking a new all-time high and the second consecutive weekly record. The surge was triggered by the SIMD-0286 network upgrade implemented on July 29, which increased the maximum compute limit per block by 66%. Monthly non-vote transactions reached 5.2 billion in August, surpassing the combined totals of all other major Layer 1 and Layer 2 networks. Validator fee revenue jumped over 80% across

According to Goldman Sachs strategists led by Ben Snider, in late September 2026, market breadth in the S&P 500 has narrowed to levels not seen since the dot-com bubble. The median stock in the index is trading 16% below its 52-week high, despite the headline index being up 14% for the year and near its August peak. Goldman's U.S. Equity Sentiment Indicator fell to -0.9, matching the March 2026 low, while fewer than half of S&P 500 constituents currently trade above their 200-day moving averages

According to an SEC filing, Grayscale's Zcash ETF (ZCSH) will execute a 3-for-1 forward share split, with shareholders of record at the close of trading on Sept. 28 receiving two additional shares for every share owned. New shares will be distributed after market close on Sept. 29, with split-adjusted trading beginning Sept. 30. The split comes after ZCSH accumulated more than $233 million in cumulative inflows since its Aug. 25 launch on NYSE Arca. As of Sept. 17, the ETF held approximately $89

According to Foresight News via Snapshot, the WLFI community's governance incentive plan proposal has passed with 82.13% support votes, 9.17% opposition, and 8.70% abstentions. A total of 2,306 addresses participated with approximately 2.114 billion WLFI tokens voted, exceeding the 1 billion threshold. Under the plan, WLFI holders with unlocked tokens can earn dynamic rewards by locking tokens for at least 180 days and directly participating in governance votes at least once every 90 days. Deleg

According to Alpha Economics director Kim Jong-hyo, South Korean stock market in October is expected to show sector divergence, with semiconductors and PCB stocks gaining support from strong earnings while other sectors lag. Early October catalysts include Samsung and SK Hynix potentially announcing shareholder return policies and Micron's earnings, alongside Korea Premium Week corporate meetings attracting foreign investors. PCB demand is expected to rise due to advanced packaging needs, though

According to Sei, on September 28, REX Shares and Osprey Funds updated SEI staking ETF filings with the SEC, setting October 23 as the effective date. The REX-Osprey SEI + Staking ETF will provide spot SEI exposure while enabling staking participation.

According to INTERFAX, Russia said it has struck two vessels heading to Odesa port. The Russian statement did not provide additional details on the incident.

U.S. 2-year Treasury yield reached 4.952%, marking its highest level since May 2024.

On Sept 28, Samsung Electronics fell 5.43% to 272,000 won on the final trading day to receive its third-quarter dividend of approximately 30 trillion won. Foreign investors sold 1.375 trillion won worth of Samsung shares, according to market data. The decline came as geopolitical tensions in the Middle East raised oil price concerns, while power supply disruptions at Oracle weakened AI investment sentiment. Analysts noted that investor focus has shifted from the dividend itself to Samsung's memo

According to Reuters, BridgePoint and Astorg are considering selling Fenergo at a valuation of at least £2 billion, citing sources familiar with the matter.

According to China's Ministry of Commerce, on September 28, Commerce Minister Wang Wentao and German Federal Minister for Economic Affairs and Energy Robert Habeck held a video call to discuss bilateral trade relations and China-EU economic cooperation.

According to S&P Global data, the iTraxx European Crossover Index touched 300 basis points for the first time since April, indicating a widening of credit spreads in the European investment-grade and high-yield credit markets.

According to ChainCatcher, Breez announced that its SDK-powered applications now support receiving stablecoin payments from over 30 networks in Bitcoin balance. Users can select the payment network and amount, with the SDK generating a deposit address and displaying the credited amount in Bitcoin. Flashnet handles the conversion in the background, with funds settling in the recipient's non-custodial wallet in Bitcoin, or USD if using the stablecoin balance feature.

According to ChainCatcher, Ethereum domain name service developer ENS Labs and the Global Legal Entity Identifier Foundation (GLEIF) are exploring how institutions can link their ENS names with verifiable Legal Entity Identifiers (vLEI) to establish persistent, on-chain verified identities. ENS provides domain and identity services across Ethereum, allowing users to replace long wallet addresses with readable names. GLEIF manages the global Legal Entity Identifier (LEI) system, with vLEI serving

According to Mlm Onchain, trader Lee Goon Wang placed a limit sell order for 15,000 ZEC (valued at $23 million) at 2% below market price on Hyperliquid today (September 28). The limit price was approximately $30 lower than the current market price.