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
02:46
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Xi Jinping Arrives in Washington on September 23, Trump to Meet Personally; White House State Dinner Invites Tech CEOs Including Huang and Cook

Chinese President Xi Jinping will arrive at Joint Base Andrews near Washington on September 23, with President Trump planning an unusually rare personal greeting at the airport, according to White House officials. Trump stated on Friday (September 18) that the upcoming meeting will result in "multiple different agreements" and characterized U.S.-China relations as "getting along very well." The White House state dinner on September 24 evening will host multiple technology executives, including N
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02:46
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Goldman Sachs Raises 2027 Debt Issuance Forecast for Tech Giants to $420B, Up 68% YoY

According to Goldman Sachs, on September 17, the investment bank raised its forecast for 2027 global investment-grade debt issuance by Amazon (AMZN-US), Alphabet (GOOGL-US), Meta Platforms (META-US), Microsoft (MSFT-US), and Oracle (ORCL-US) to $420 billion from $400 billion, marking a 68 percent increase from the estimated $250 billion in 2026. Goldman Sachs estimated that approximately 35 percent of the five companies' 2027 capital expenditures will be supported by debt financing, implying tot
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02:46
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Ethereum OG Whale Maintains ENA Long Position for 228 Days with 881% Return, Sept 20

According to TradingBeats, as of Sept 20 (10:34 AM Beijing time), an Ethereum OG whale (address starting with 0xeadc) has maintained a long ENA position for approximately 228 days with a return rate of 881.18% using 10x leverage. The whale holds 10.0265 million ENA tokens at an average entry price of $0.110537, with the position valued at approximately $2.0849 million and unrealized gains of $976,600. ENA has appreciated 88.12% from the whale's cost basis. The position represents only 2.98% of t
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ENA21.14%
NEAR-7.18%
AAVE-1.64%
02:40
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Polymarket US Platform Hit by $10M+ Debit Card Fraud Scheme in February; CEO Vows Continued Growth Despite Regulatory Risks

According to ChainCatcher, in February, fraudsters exploited Polymarket's US betting platform through stolen debit cards, attempting to withdraw at least $10 million by linking compromised cards to user accounts and transferring funds to clean accounts. A payment processor handling Polymarket transactions reported rejecting over 80% of deposits as fraudulent, far exceeding the industry standard of approximately 1%. When Polymarket employees raised compliance concerns with CEO Shayne Coplan, sour
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02:40
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Netflix Falls Nearly 5% on Wells Fargo Downgrade to Underweight; Price Target Cut to $57

According to Investopedia reporting and Wells Fargo analysis on Friday (Sept 18), Netflix shares fell nearly 5% to just below $72, with Wells Fargo downgrading the stock from neutral to underweight and slashing its price target from $80 to $57—the lowest on Wall Street, well below the consensus of $97. The downgrade came after Wells Fargo cited concerning user engagement trends, noting that Netflix subscribers' daily viewing time in the first half of 2026 declined 8% compared to the same period
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02:38
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South Korea's Active ETF Market Hits 14.1 Trillion Won, 88 Products, Up 2.6x in One Year

According to F&Guide, South Korea's active equity ETF market reached 14.1 trillion won in assets under management as of September 16, with 88 listed products, expanding 2.6 times from 5.4 trillion won in 2025. Retail investors increasingly shifted to active ETFs amid prolonged KOSPI weakness, seeking products that adjust holdings and weightings based on market conditions rather than passive index tracking. In the past month (August 18 – September 18), individual investors net-purchased KODEX 200
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02:38
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South Korea Announces Margin Trading Crackdown as Credit Loan Balances Hit 33.25 Trillion Won

According to South Korea's Financial Supervisory Service, on September 20, the country's financial authorities announced new regulatory measures targeting margin trading as credit loan balances surged to 33.25 trillion won, nearly double the 16.84 trillion won recorded in January 2025. The FSS stated it would strengthen investor protection through enhanced risk disclosures, restrictions on margin trading for minors, additional verification for elderly investors, and pre-simulation of forced liqu
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02:37
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KOSPI Average Daily Trading Volume Plunges 57.8% to 2.12 Trillion Won in 3 Months

According to Korea Exchange, KOSPI average daily trading volume fell to 21.26 trillion won in September, hitting the lowest level this year and down 57.8% from June's 50.35 trillion won. The monthly decline accelerated from July's 36.88 trillion won to August's 25.85 trillion won. Analysts attributed the three-month contraction to surging oil prices above $100 per barrel, U.S. Treasury yields breaching 5%, and the Federal Reserve's 25 basis point rate increase on September 16.
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02:32
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Uniswap Proposes Extending Protocol Fees to Arc, Covering v2, v3 and v4 Deployments

According to Uniswap governance, Uniswap Labs published a temperature-check proposal on September 18 to enable protocol fees on Arc, Circle's Layer 1 blockchain. The proposal covers Uniswap v2, v3 and v4 deployments, with fees accumulating in TokenJar contracts and linking to the existing UNI burn system across networks. The temperature check runs through September 23, followed by an on-chain governance vote if approved. Cross-chain governance instructions will originate on Ethereum and transmit
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UNI-2.55%
ETH-0.13%
W1.26%
02:32
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Meta CEO Zuckerberg Breaks Ranks on AI Slowdown, Pushes for Acceleration

According to The Rundown, Meta CEO Mark Zuckerberg pushed back against the AI industry's coordinated slowdown consensus days ago, arguing that each lab already has sufficient incentive to maintain its own safety standards without industry-wide coordination. Zuckerberg, speaking through his X account, pointed to Meta's new Muse AI agent, which underwent a several-month internal safety review that the company implemented independently without requesting competitors to follow suit. He argued that a
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02:32
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Trump, China Both Dismiss AI Slowdown Proposal This Week

According to AP News and official statements, President Trump and China's Foreign Ministry recently rejected Anthropic CEO Dario Amodei's call to slow frontier AI development. On Truth Social, Trump dismissed the proposal as part of a hoax, stating "AI taking over the World, destroying Humanity, and all other things bad, is a HOAX," and argued that a high-performing president should be the primary guardrail for AI safety. China's Foreign Ministry similarly labeled the plan as "fear-mongering" an
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02:32
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Ex-OpenAI Researcher Launches Jev AI at $42 Per Billion Input Tokens, 238x Cheaper Than Claude

According to TypeSafe, ex-OpenAI researcher Diogo Almeida's startup this week launched Jev, a new AI system designed for software rather than conversations. Jev prices at $42 per billion input tokens with free output, estimated 238x cheaper than Claude Fable 5.1, and responds in 70 to 500 milliseconds—40 to 200 times faster than current large language models. The system claims zero hallucinations by design, as it only selects from preset options rather than generating free text, functioning as a
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02:29
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Meta Drops Camera from Luna Smart Glasses Ahead of Sept. 23-24 Reveal

According to The Information, Meta is reportedly removing the camera from its next smart glasses model, codenamed Luna, addressing mounting privacy concerns over covert filming. The audio-focused device, expected to launch this fall, will feature six microphones enabling voice interaction with Meta AI and Muse assistant, along with built-in speakers and a side button for control. Meta could unveil Luna at its Connect event on Sept. 23-24, targeting October shipments. The glasses will reportedly
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02:26
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SpaceX Starship Test Flight Lifts Aerospace ETFs; SOL Fund Surges 9.01% in Week

According to fund evaluation firm KG Zero In, South Korea's SOL Aerospace Value Chain ETF posted the highest weekly gain among domestic equity funds, surging 9.01% during the week of September 11-17. The rally was driven by anticipation ahead of SpaceX's scheduled 14th test flight of its Starship on September 22, which aims to deploy next-generation Starlink V3 satellites to Earth orbit for the first time. SpaceX shares have declined over 30% from their post-listing high of $225.64, trading at $
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02:26
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DB Hi-Tek Target Price Raised to 200,000 Won as Foundry Orders Surge Amid TSMC Supply Crunch

According to data from F&Guide, DB Hi-Tek dominated investor search rankings during September 8-14, claiming the top two positions for most-searched analyst reports. KB Securities raised its target price for DB Hi-Tek from 170,000 won to 200,000 won, citing structural chip supply imbalances benefiting the foundry chipmaker. The brokerage estimated Q3 revenue at 411.2 billion won (up 9.7% YoY) and operating profit at 120.8 billion won (up 49.9% YoY). With TSMC and Samsung focusing on 12-inch capa
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