Gate Crypto Flash News and Market Updates

According to Yonhap Infomax, the USD/KRW exchange rate traded at 1,386.30 won during morning session on Sept 21, up 3.00 won from the previous Seoul close of 1,383.30 won and up 0.80 won from New York's close of 1,385.50 won. The currency pair showed volatility as semiconductor and heavy industry companies' selling pressure collided with active buying from foreign banks. The pair hit a morning high of 1,387.90 won shortly after 9 a.m., then fluctuated in a range. USD/KRW weakness followed a shar

According to the Financial Times, the U.S. Federal Reserve and Bank of England are strengthening their scrutiny of banks' risk exposure to trading companies following significant losses sustained by quantitative trading giant Jane Street. The regulatory move reflects growing concerns over financial stability risks posed by major trading firms' operations and their interconnections with the banking system.

According to Jin10, Hong Kong-listed gold stocks weakened on September 21, with China Gold International (02099.HK) falling over 7% and Lingbao Gold (03330.HK) dropping over 4%. Shandong Gold (01787.HK) and Zijin Gold International (02259.HK) also declined.

According to MSX.COM, BNC stock breaks through $6.88 today (September 21), up 11% intraday.

According to Beijing Daily, Beijing Municipal Party Committee Secretary Yin Li met with Swiss Desco Group Chairman Deng Jingxi on September 20. The meeting focused on potential strategic cooperation between Desco Group and Beijing institutions in areas including talent development, artificial intelligence technology trends, and human resources market advancement.

According to Yonhap Infomax, WTI crude oil futures for October delivery fell 2.27% to $98.03 per barrel on September 21, as markets anticipated a recovery in crude supplies despite continued attacks on Saudi Arabia by Houthi militants. The Houthis conducted missile and drone strikes over the weekend targeting major facilities in the Saudi capital and the Aramco port in Yanbu. However, Saudi state energy company Aramco has suspended some shipments via Yanbu and plans to increase exports through t

According to RootData data cited by ChainCatcher, Gate led OPENAI contract trading with $49.49 million in volume over the past 24 hours, commanding 78% market share among derivatives exchanges.

According to ChainCatcher, Zhipu founder Tang Jie filed a defamation complaint on Little Red Book on September 21 over a user post that falsely alleged the company's ZCode coding client copied code without evidence. The complaint claims the post used phrases such as "code and copy are almost the same, both start with c and steal code" and digitally manipulated Tang's image in a defamatory context. On the same day, Zhipu announced it has completed remediation of ZCode security issues following co

On September 21, Alibaba's Flea Market (闲鱼) disclosed its enforcement efforts against illegal content, revealing it has frozen 98,358 accounts linked to inappropriate material since January 2026. The platform said it has coordinated with police to dismantle 15 criminal groups this year. Flea Market also screened over 10 million product listings during the crackdown, with the vast majority flagged as legitimate transactions.

According to SoSoValue, Ethereum spot ETFs recorded net outflows of $140 million last week (Sept. 14-18), ending a four-week inflow streak. BlackRock's ETHA led the outflows with $56.05 million in weekly redemptions, while Bitwise's ETHW saw $33.08 million in outflows. Among inflows, Grayscale's Ethereum Mini Trust ETH received $16.23 million, offsetting losses from other products. Ethereum spot ETFs now hold combined assets of $16.72 billion under management.

According to SoSoValue data, HYPE spot ETFs recorded net inflows of $3.0645 million during last week's trading days (September 14-18, ET). 21Shares ETF THYP led inflows with $2.3955 million, bringing its cumulative net inflows to $52.69 million. Grayscale's HYPG followed with $1.669 million in weekly inflows and $141 million in total net inflows. Bitwise's BHYP was the sole outflow leader with $1 million in weekly redemptions, though it maintains $145 million in cumulative net inflows. Overall,

According to SoSoValue, XRP spot ETFs recorded net inflows of $9.59 million for the week ended September 18. Bitwise ETF XRP led the inflows with $9.69 million, bringing its historical cumulative net inflows to $618 million. Franklin Templeton's XRPZ ETF contributed $5.02 million in weekly inflows, reaching a cumulative total of $484 million.

According to ChainCatcher, Bitcoin spot ETFs saw net inflows of $6.21 million last week (Sept. 14–18), with BlackRock's IBIT leading the way at $121 million in weekly inflows, bringing its cumulative total to $64.12 billion. Fidelity's FBTC ranked second with $79.93 million in weekly inflows, reaching a historical cumulative total of $10.36 billion.

According to Oxford Economics, the Bank of Japan is forecast to raise interest rates to 1.75% by April 2027, with additional hikes expected in December 2026 and April 2027. The central bank raised its benchmark rate to 1.25% last week. Oxford Economics attributed the rate hikes to rising core inflation pressures driven by Middle East tensions, the artificial intelligence boom, and yen weakness exceeding the BOJ's 2% target. The report noted that political barriers to rate increases have also wea

According to JPMorgan's latest semiconductor report, custom AI ASIC shipments will surpass general-purpose GPUs for the first time in 2027, with ASIC/XPU accounting for 54% of total AI accelerator shipments, up from approximately 41% this year. By unit count, 2027 ASIC/XPU shipments are estimated at 12.5 million units versus 10.9 million GPUs. The custom AI ASIC market is projected to reach $600-700 billion in 2026, with a compound annual growth rate exceeding 40-50% in coming years. Cloud provi

According to Societe Generale analyst Jin Kenzaki, the Bank of Japan (BOJ) may raise interest rates at every other monetary policy meeting, with the terminal rate reaching 2% by June 2027. The BOJ raised rates on Friday. Following the decision, BOJ Governor Ueda Kazuo stated at a press conference that with core inflation approaching the central bank's 2% target, the next focus will be whether inflation stabilizes at that level. Spring wage negotiations next year will be a critical factor in this

According to South Korea's Financial Supervisory Service, from 2021 through July 2026, 617 disclosure obligation violations were recorded across 436 companies, with unlisted firms accounting for 325 cases (74.5%) compared to only 8 (1.8%) and 90 (20.6%) from KOSPI and KOSDAQ-listed companies respectively. The regulator faces significant delays in enforcement; the average period from violation detection to sanction reached 4 years and 11 months as of 2026. Additionally, repeated violators face mi

According to ChainCatcher, the U.S. House Financial Services Committee passed the modified H.R. 8957 American Reserves Modernization Act today with a 28-21 vote, establishing a federal strategic bitcoin and digital asset reserve program. The bill mandates that legally held federal bitcoin be retained for at least 20 years from enactment, during which it cannot be sold, exchanged, auctioned, pledged, or otherwise disposed. The Treasury Department must establish the reserve within 180 days of the

According to PancakeSwap, bStocks Finance saw increased trading activity in tokenized assets over the weekend while traditional markets were closed. Popular tokenized pairs including QQQB-USDT and SPYB-USDT trended on the platform, reflecting growing interest among traders in this alternative trading space.

According to Odaily 星球日报, Kalshi's crypto business head IcoBeast.eth clarified on X that Artemis charts display prediction market trading volumes, not perpetual contract volumes. The platform does not offer rebates for crypto prediction markets, and its contract count and notional value calculations align with other prediction market standards. On claims that Kalshi selects clearing members as market makers, IcoBeast.eth denied this, stating any CFTC-regulated exchange can accept qualifying inst