Gate Crypto Flash News and Market Updates

According to Jin10, spot gold broke below $4,200 per ounce on September 28, marking the first time since August 5. The precious metal declined 2% during the trading session.

According to Omnity's official statement today (September 28), Omnity Network has announced it will halt operations due to depleted funding. The Bitcoin DeFi products RichSwap and Satsman will cease operations within 30 days. The team urged liquidity providers to withdraw their liquidity promptly and stated that smart contracts will be upgraded to remove existing withdrawal restrictions, allowing users to withdraw funds without limitation. Support channels will remain open for 30 days during the

According to Jin10, on September 27, Israeli National Security Minister and far-right politician Ben-Gvir called for establishing Jewish settlements throughout Gaza if elected defense minister following elections scheduled for October. During a rally titled "Return to Gaza" in southern Israel, Ben-Gvir stated: "I hope to become Israel's defense minister and lead us back to Netzarim, the entire northern area, and throughout Gaza, to build more and more settlements." In 2005, Israel withdrew from

According to Newsis, Hong Kong's Hang Seng Index rose 0.18% to 24,554.58 at market open on September 28, while the H-Share Index tracking Hong Kong-listed Chinese companies climbed 0.36% to 8,195.43. By late morning (10:42 HK time), the Hang Seng had extended gains to 0.61%, reaching 24,658.69. The rebound was supported by strength in U.S. stock markets over the weekend, alongside declining crude oil prices and expectations of progress in U.S.-Iran ceasefire negotiations. Large-cap internet stoc

Spot palladium fell 3% intraday to $1,229.42 per ounce on September 28.

According to ChainCatcher citing on-chain data, Morgan Stanley's spot Bitcoin ETF MSBT withdrew approximately 42.979 BTC from Coinbase Prime over the weekend, valued at roughly $3.6 million at the time of withdrawal. Following this purchase, Morgan Stanley's total Bitcoin holdings now stand at 9,261 BTC, with a combined market value of approximately $779 million. Separately, French semiconductor company Sequans Communications disclosed that it has fully liquidated its 314 BTC holdings, marking a

According to data released on September 23 by South Korea's Democratic Party Member Park Hong-bae citing the Financial Supervisory Service, the top 10% of users on major South Korean crypto exchanges accounted for 96.42% of total trading volume in H1 2026, up from 91.79% in H1 2025. Individual exchanges showed even higher concentration: Upbit 95.6%, Bithumb 97.41%, Coinone 99.2%, Digitalex 99.43%, and Gopax 97.61%. The shift reflects a broader market contraction, with overall trading volume acro

According to Yahoo Finance (Sept 27), researchers found no evidence that surging AI-related bond issuances—reaching over $400 billion globally year-to-date with 90% from U.S. companies—have crowded out U.S. Treasury demand. The lack of direct market competition reflects structural differences: AI infrastructure bonds are typically long-term, while Treasury issuances have shifted toward shorter maturities, limiting overlap. Morgan Stanley credit strategist Vishwas Patkar noted that Treasury buyer

Shanghai Gold December 2026 (沪金2612) futures fell 2.00% intraday on September 28, trading at 912.82 yuan per gram as of latest quote. Trading volume exceeded 7.2 billion yuan for the session. Despite the price decline, open interest increased by approximately 4,300 contracts, signaling sustained market participation amid the downward move.

According to Economist, on September 21, NH Investment Securities and Trinity Airlines signed a memorandum of understanding (MOU) to cooperate on International Aviation Carbon Offset and Reduction Scheme (CORSIA) allowance procurement and domestic greenhouse gas emissions trading. This marks the first time a domestic securities firm and airline have jointly established a framework covering both CORSIA allowance supply and domestic emissions rights delegation trading. Trinity Airlines will secure

According to Coinglass, funding rates on major CEX and DEX platforms displayed increased bearish sentiment on September 28 as Bitcoin weakened. When funding rates fall below 0.005%, they indicate widespread bearish positioning in the market.

According to President Trump's announcement on Sunday, shares of Stellantis (STLA), Ford (F), and General Motors (GM) climbed overnight after Trump approved less stringent federal fuel economy standards. STLA rose 1%, while GM gained 0.2% and F edged up 0.1%. Trump said the new standards would end the Biden administration's "EV Mandate," save families thousands on a new car, and allow automakers to build more vehicles in the U.S. The National Highway Traffic Safety Administration estimated the p

Multiple semiconductor material firms have recently announced major breakthroughs in 12-inch silicon carbide (SiC) substrate development, marking a significant escalation in competition across three distinct technological routes. Resonac successfully manufactured and processed 12-inch SiC single-crystal substrates, among the largest in global development. Sumitomo Metal Mining unveiled the world's first 12-inch bonded SiC substrates for sampling to semiconductor manufacturers. Chinese firm Titan

According to China's Trade Relief Information Center, on September 25, the U.S. International Trade Commission (ITC) voted to determine that Chinese van trailers and components are subject to anti-dumping and anti-subsidy duties, finding that the products caused substantial injury to U.S. industry. Following the ITC's affirmative determination, the U.S. Department of Commerce will issue anti-dumping and anti-subsidy duty orders on the affected products.

According to Guru Club's analysis of OpenRouter data, Chinese AI models generated 62.22 trillion tokens during the week of September 21-27, down 7.77% week-over-week. Chinese models have maintained their global lead for 22 consecutive weeks, outpacing U.S. models which generated 14.2 trillion tokens during the same period.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) midprice fell to 122,900 yuan/ton today, down 5,000 yuan/ton from yesterday's 4:30 PM level.

According to Yonhapinfomax, South Korea's Deputy Prime Minister and Finance Minister Lee Hyung-il met with Bank of Korea Governor Shin Hyun-song on September 28 to strengthen policy coordination amid rising global uncertainties. The two economic officials agreed to enhance collaboration frameworks to proactively address economic risks, including addressing financial market volatility, geopolitical tensions, and rising long-term interest rates globally. Lee proposed closer communication on moneta

According to MBK Partners, on September 28, the major Korean private equity firm issued a statement calling for the resignation of Kores Zinc Chairman Yoon Yun-beom and his family, citing massive debt accumulation and alleged misuse of company funds during a two-year management rights battle that began in September 2024. MBK alleged that Yoon's family extracted private benefits while burdening the company with losses and legal risks. The statement highlighted that Kores Zinc's external debt surg

According to Yonhap Infomax, on Sept 28, South Korea's overnight call rate stood at 3.048%, with trading volume reaching approximately 15.3 trillion won as banks managed quarter-end liquidity adjustments. The money market showed a reserve surplus of 3.56 trillion won as of Sept 27, with cumulative reserve surplus at 10.2 trillion won, indicating ample liquidity in the system. Banks are expected to maintain reliance on repurchase agreements amid modest fund recovery heading into month-end.

According to Yonhap Infomax, Japan's Nikkei 225 index rose 621.02 points (0.94%) to 66,985.22 as of 9:21 a.m. on September 28. The TOPIX index climbed 18.63 points (0.45%) to 4,147.22. Artificial intelligence and semiconductor-related stocks drove the rally, with SoftBank Group and Advantest each rising over 3%, while Tokyo Electron also advanced. The gains were supported by buying interest ahead of the last trading day for Japanese fiscal 2026 dividend rights. Meanwhile, the Bank of Japan relea