Gate Crypto Flash News and Market Updates

According to The Information, AI agent startup Instinct is in talks to raise $1 billion at a $10 billion valuation. The funding round would value the early-stage company among the most sought-after AI infrastructure startups.

Liquefied petroleum gas (LPG) futures surged 4% intraday today, climbing to 7,339 yuan per ton.

According to Yonhapnews, South Korea's former President Yoon Suk Yeol was acquitted on charges of perjury on September 16 in a second trial related to allegations that he gave false testimony in a case involving former Prime Minister Han Duck Soo.

According to Jin10 Data, the 13th Beijing Xiangshan Forum opened on September 16 in Beijing, bringing together approximately 2,000 delegates from over 100 countries, regions, and international organizations. China's Defense Minister Dong Jun attended and delivered a keynote address. The forum's theme is "Building Consensus on Stability and Advancing Collaborative Security Governance."

According to ChainCatcher, tread.fi announced on September 16 at 13:00 UTC that its native token TREAD will undergo genesis distribution with a fixed total supply of 100 million. Genesis allocation accounts for 15.2% and will be fully unlocked based on platform usage, automatically sent to users' registered HyperCore addresses without claiming transactions or gas fees. Team members are ineligible to participate. The remaining allocation is split among community and ecosystem (35.5%), Tread Labs

According to Reuters, Nvidia CEO Jensen Huang has been invited to attend a state dinner on September 24 in Washington, D.C., hosted by President Trump for Chinese President Xi Jinping. A state dinner is among the highest-level diplomatic honors a U.S. president can bestow on foreign leaders, typically reserved for allied heads of state. This follows a reciprocal state dinner held by Xi for Trump in Beijing in May, which Huang also attended alongside SpaceX CEO Elon Musk and former Apple CEO Tim

According to PANews, on September 16, Unitree Robotics Co., Ltd. completed a corporate registration update, increasing its registered capital from 364 million yuan to 404 million yuan. The company's administrative registration authority was also transferred from the Hangzhou High-Tech Industrial Development Zone (Binjiang) Market Supervision and Management Bureau to the Zhejiang Province Market Supervision and Management Bureau.

According to ChainCatcher, Vercel COO Jeanne DeWitt Grosser announced that the company has reduced its inbound sales development team from 10 to 1.25 people, achieving 90% automation in this function. The company's AI-powered sales development agent delivers a 32x return on investment. Infrastructure costs for this automation remain under several thousand dollars annually.

According to Jin10, on September 11, Wang Hongzhi, director of China's National Energy Administration, met with Fatih Birol, executive director of the International Energy Agency (IEA), in Beijing. The two sides signed the "Three-Year Cooperation Plan between the National Energy Administration of the People's Republic of China and the International Energy Agency."

Google launched Gemini 3.8 Live and Gemini 3.8 Live Extended Thinking on September 15, available through the Gemini API, Google Workspace, and the Gemini app. The voice AI models support spoken interactions, visual input, and background tasks during conversations, with the ability to handle interruptions and switch between 97 supported languages mid-conversation. Gemini 3.8 Live Extended Thinking can narrate its progress while working through multi-step requests. Google said audio generated by i

The Philippine Stock Exchange index fell 1% intraday today (September 16).

In a signed article published in Qiushi magazine, Pan Gong-sheng, Governor of the People's Bank of China, outlined measures to strengthen the macroprudential management framework and enhance financial system stability. The article emphasizes expanding the central bank's macroprudential functions and broadening its policy toolkit while carefully managing economic growth, structural adjustments, and financial risk prevention. The PBOC will strengthen monitoring, assessment, and early warning of sy

According to Jin10, Republican Representative Thomas Massie filed impeachment charges against Defense Secretary Pete Hegseth on September 15, accusing him of abusing his power by ordering hostile military action against Iran without Congressional approval. Under the privileged motion procedure used to submit the charges, the House must review and process the impeachment case within two legislative working days and cannot delay or shelve it.

Gate News message, Bitcoin mining company MARA Holdings (@MARA) purchased 1,292 BTC valued at $98.64 million through centralized exchanges 9 hours ago.

According to Core Lightning's security advisory on September 16, the Bitcoin Lightning Network payment software is investigating potential issues with experimental features that could impact user funds. The development team recommended all users with experimental features enabled to disable them immediately pending the investigation's conclusion. Node hosting provider Start9 advised users to turn off "Dual funding and liquidity ads" on StartOS as a protective measure.

According to Foresight News, U.S. Republican Senator Thom Tillis reversed his vote on the CLARITY Act from yes to no during voting early on September 16. In response, Tillis stated on social media that the action "is not the end of this bill." He noted that "substantial bipartisan progress" has been made, with the White House playing a key role, and that the procedural motion allows lawmakers to "continue working toward a positive outcome."

According to PANews, X announced on September 16 the launch of its Cashtag Partner Program in the United States, connecting stock, ETF, and cryptocurrency discussions on the platform with participating brokerages. The first batch of partners includes Interactive Brokers, Moomoo, Gemini, Kraken, and Coinbase. Users can now view asset price charts and related posts after clicking supported Cashtags, then tap the new "Trade" button to access the broker's mobile app or website to execute trades. X i

According to Jin10, China's central bank Governor Pan Gungsheng published a signed article in Qiushi magazine on September 16, stating that slower financial total growth will help maintain macroeconomic leverage ratios at stable levels. Pan noted that China's macro leverage ratio has risen rapidly in recent years due to stronger countercyclical macroeconomic policies supporting steady economic growth and low inflation pressuring nominal GDP growth. He emphasized the need to balance short-term an

According to South Korea's ruling Democratic Party lawmaker Kim Jae-seop, corporate loans extended by banks reached approximately 1.971 quadrillion Korean won in the first half of 2026, up 22% from 1.611 quadrillion won in 2022. Over the same period, non-performing loans (NPL) nearly doubled from 8.34 trillion won to 15.19 trillion won, a spike of approximately 82%, with the NPL ratio rising from 0.52% to 0.77%. Regional banks showed significantly worse credit deterioration than major commercial

According to JPMorgan via CNBC, on September 15, the investment bank predicted the S&P 500 could rise as much as 1% or fall as much as 2% depending on Federal Reserve Chair Kevin Powell's remarks following the Fed's interest rate decision. JPMorgan outlined five scenarios for market reaction, ranging from a 25-basis-point rate hike with no additional guidance (potentially boosting stocks 0.25–0.75%) to an unexpected rate hold (potentially triggering a 1.25–1.75% decline). The bank warned that if