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
18:22
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Bernstein Raises Prediction Market Forecast to $10 Trillion by 2035, Up 10X from April Projection

According to Bernstein, the investment bank projects prediction markets will reach $10 trillion in annual trading volume by 2035, roughly 24 times the $410 billion it expects the market to process in 2026, and 10 times its April forecast of $1 trillion by 2030. Analyst Gautam Chhugani said in a Tuesday note that volumes should compound at around 70% annually through 2035. Financial-asset contracts—crypto, stocks, and commodities—are poised to become the industry's largest category, rising from 1
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18:20
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Strategy Spent $100M Extra Rebuying 5,553 BTC Sold Over Summer

According to Protos, MicroStrategy spent $100.2 million in opportunity cost after rebuying 5,553 BTC at an average price of $80,207 per coin this autumn, compared to its summer sales at an average of $62,150 each. The company sold 6,948 BTC between May and August, then repurchased 5,553 coins, resulting in total rebuy costs of $445.4 million versus original sale proceeds of $345.1 million. The remaining 1,363 coins remain unrepurchased.
BTC0.79%
18:12
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NEAR Protocol's Confidential Intents TVL Surpasses Public TVL, Receives 463 Likes on Twitter

According to NEAR Protocol, the blockchain platform's confidential intents total value locked (TVL) has recently surpassed its public TVL, signaling a shift toward privacy-focused transactions within the ecosystem. The announcement on Twitter garnered significant engagement, with 463 likes, 63 retweets, and 18 replies, indicating strong user interest in privacy-centric features on NEAR.
NEAR12.42%
18:08
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OpenAI Launches GPT-6 SOL and GPT-6 LUNA, Cuts API Pricing by 50%

OpenAI introduced GPT-6 SOL and GPT-6 LUNA today, making both models available to Plus, Pro, Business, and Enterprise users within ChatGPT Work and Codex. API pricing for both models is 50% lower than the promotional rate of GPT-5.6. Free and Go tier users can access GPT-6 LUNA on desktop applications. Both models are not yet available for use in chat conversations.
18:05
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EU Diplomat Kaja Kallas Meets Iran Foreign Minister to Discuss Ending U.S.-Iran Conflict

During the UN General Assembly, EU foreign policy chief Kaja Kallas met with Iran's Foreign Minister Abbas Araghchi to discuss diplomatic pathways to end the U.S.-Iran conflict and fully reopen the Strait of Hormuz. Kallas stated that the strategic waterway operated without tolls or fees before the conflict and should not impose charges following its conclusion.
17:55
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Trump Says Putin Willing to Meet to End Ukraine War

According to Trump's statement, Russian President Putin is willing to meet with the U.S. President to discuss ending the ongoing conflict in Ukraine. Trump made the remarks recently amid diplomatic efforts to address the war.
17:51
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Silver Holds Near $66 While Gold Slips Below $4,325 on September 22, Gold-Silver Ratio Hits 65.85

According to Reuters, on September 22 at 12:10 p.m. ET, spot silver was trading at $65.68 an ounce, down 0.5% on the day, while spot gold fell 0.4% to $4,325.03, pushing the gold-silver ratio to approximately 65.85. The decline followed the Federal Reserve's first interest-rate increase since July 2023, when the central bank raised its target range by 25 basis points to 3.75%-4.00% on September 16. Though the 10-year Treasury yield retreated to around 4.93% by Tuesday, both metals remain under p
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17:49
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Meta Muse 'Game Changer' With 3.5B-User Advantage, Says Yorkville's Dan Ives

According to Dan Ives, Yorkville partner, Meta Muse is a "game changer" that leverages the company's 3.5 billion users across its platforms, positioning Meta as a major beneficiary in the consumer AI market. Speaking on Tuesday, Ives noted that Apple will also benefit as the "toll collector on the consumer AI highway," emphasizing that the AI arms race extends beyond OpenAI and Anthropic to include established tech giants with massive user bases and resources. Ives estimates the industry is only
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17:49
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San Francisco Sues Trump Media for Selling Truth API Early Access at $100,000 per Month

According to The Verge, San Francisco filed a lawsuit today against Trump Media for selling Truth API, a service that charges customers $100,000 monthly for early access to the 10 most influential accounts on Truth Social, including President Trump's. The lawsuit alleges the service violates California's Unfair Competition Law and federal anti-insider trading regulations. Trump Media's interim CEO previously stated that "markets already move on Truth Social posts," acknowledging the economic imp
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TRUMP1.96%
17:49
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Trump Administration Removes 760,000 People from ACA Plan; 419,000 More Under Review

According to the Centers for Medicare & Medicaid Services (CMS), the Trump administration removed over 760,000 people from the Affordable Care Act (ACA) plan as of late August, citing improper enrollment or non-existent beneficiaries. The government also suspended insurance broker credentials for some agents, citing partial responsibility for fraud. CMS indicated an additional 419,000 people would undergo "additional verification."
17:45
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Fed Official Barkin Warns Inflation Pressures Need Time to Ease, 2% Target Still Distant

According to Jin10, Federal Reserve official Barkin warned on September 23 that inflation pressures will take time to ease and risks remain that inflation could persist at elevated levels. Barkin noted that the Fed's recent rate increase will help slow inflation but remained noncommittal on whether further tightening is needed. The official emphasized that supply shocks are no longer temporary but continue to exert sustained price pressures across the economy. "These may fade over time, but I ex
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17:42
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Kinetiq Launches Hyperliquid L2 Elysium Testnet With HYPE as Native Gas Token

According to Foresight News, Kinetiq's Hyperliquid Layer 2 Elysium testnet is now live. The testnet settles to HyperEVM, runs on Conduit's G2 sequencer, and operates on infrastructure compliant with SOC II Type 2 standards. HYPE serves as the native gas token for Elysium, which is designed to address performance and throughput bottlenecks within the Hyperliquid ecosystem.
HYPE4.99%
17:42
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XStable Completes Multi-Million Dollar Funding Round with YZi Labs, Sui Foundation

According to Foresight News, XStable, an AI-native onchain gold and forex trading infrastructure platform, announced a new funding round with investors including YZi Labs, Sui Foundation, Taisu Ventures, and Catcher VC, bringing total financing to multi-million dollars from over 10 institutions. The proceeds will be allocated toward product development, trading infrastructure upgrades, and global market expansion. XStable currently processes over $100 million in daily trading volume.
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SUI1.09%
17:41
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Canada's Six Largest Banks Launch Joint Tokenized Deposit System on Tuesday

According to ChainCatcher, Canada's six largest banks announced the launch of a joint tokenized deposit system on Tuesday. TD Bank, Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank, and Dominion Bank Group are collaborating on the initiative, with additional banks potentially joining in the future. The first phase will focus on enabling tokenized deposits to flow efficiently between participating Canadian financial institutions. The
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17:41
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Pyth Becomes External Distributor for Nasdaq Basic

According to Foresight News, Pyth has become an external distributor for Nasdaq Basic, Nasdaq's proprietary U.S. stock real-time quote and trading product. Pyth's data market customers can now purchase licenses directly from Nasdaq and access Nasdaq Basic data through Pyth. The product covers all securities listed on U.S. exchanges and provides Nasdaq official opening and closing prices.
PYTH6.17%