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
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Whale Purchases 15,000 ETH for $41.26 Million at $2,751 Each Today

According to Trader 余烬, a whale address purchased 15,000 ETH at $2,751 each, totaling $41.26 million, on September 23. The same address had previously bought 37,000 ETH two months ago through Galaxy Digital OTC at an average price of $1,923. The wallet now holds approximately 52,000 ETH with an average cost basis of $2,161 and unrealized gains of about $31.1 million.
ETH-0.53%
00:51
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WisePlanetCompany Surges 254% on KOSDAQ Debut, Opening at 42,750 Won

According to the Korea Exchange, media and commerce company WisePlanetCompany surged 254.17% on its KOSDAQ debut today (September 23), with shares opening at 42,750 won versus an offering price of 12,000 won. The stock reached a session high of 46,000 won before settling near opening levels. The company raised approximately 3.55 trillion won through its public offering, which saw a subscription competition ratio of 1,478 to 1.
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South Korea Targets Reducing Middle East Crude Dependency to 60% by 2026, Diversifies Suppliers

According to BMI, the research arm of Fitch, South Korea's downstream oil and gas sector is set to remain stable in 2026 despite rising freight costs and geopolitical risks. The country is shifting toward a broader energy security strategy, aiming to reduce its reliance on Middle Eastern crude. According to BMI's latest data, South Korea targets lowering Middle Eastern crude's share in total imports from 69.1% in 2024 to 60% or below. Energy import data from January to May 2026 shows Middle East
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00:51
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WisePlanet Company Surges 242% on First Trading Day, Opening at 3x IPO Price

According to Financial News, WisePlanet Company surged on its first trading day on September 23, opening at 41,050 won, a 242% increase from its 12,000 won IPO price. The stock climbed to an intraday high of 46,000 won, representing a 283% gain from the offering price. WisePlanet is a brand builder company operating consumer data analytics and digital marketing brands including Dr. Peel shower filters, Nuzam mattress toppers, and Irenol cosmetics.
00:49
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Palo Alto Networks Launches Unit 42 AI Defense Service Using Anthropic and OpenAI Models on September 22

According to Reuters, Palo Alto Networks launched Unit 42 Continuous Frontier AI Defense on September 22, a global subscription service that uses AI models from Anthropic and OpenAI, along with open-weight models, to identify vulnerabilities across corporate systems. The service continuously tests web applications, APIs, and cloud infrastructure, and provides guidance on fixes including code-level changes and virtual patching options. Pricing is based on the mix of models customers select.
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Hashed Leads $300M Digital Asset Credit Fund on September 23

According to The Block, on September 23, crypto VC firm Hashed led a new $300 million digital asset credit fund launched by Abu Dhabi investor Mohamed Hamdy and managed by Thoro Capital Management. The fund will settle transactions in stablecoins and provide direct dollar-denominated loans to digital asset institutions through a covenant-based risk management model, relying on financial metrics and cash flow analysis rather than collateral alone. Tokenized private credit has become the largest c
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00:46
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Nvidia Director Mark Stevens Sells $947 Million in NVDA Stock Over One Month

Nvidia director Mark Stevens sold $300 million in Nvidia stock on September 18, completing a series of sales totaling $947 million over the past month. According to securities disclosures, Stevens sold $410.8 million between August 31 and September 2, and $235.6 million on September 4. Stevens remains a significant Nvidia shareholder, with holdings valued at approximately $6.3 billion.
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Federal Reserve Study: Treasury Selloffs Raise Yields 14bp for Foreign Investors, 55bp for Hedge Funds

According to a Federal Reserve research paper released on September 23, the impact of large Treasury selloffs on bond yields varies dramatically by investor type. Foreign official investors (FOI) selling $500 billion in U.S. Treasuries would raise 5-year yields by just 14 basis points, while household and hedge fund (HHF) sales of the same amount would push yields up 55 basis points. The Fed attributed the disparity to shifts in Treasury market composition, where lower-sensitivity central banks
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00:44
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Charles Schwab Falls 6.1% as Meta's Muse AI Agent Surpasses ChatGPT on September 22

According to News1, on September 22, U.S. financial stocks fell sharply as Meta's AI agent Muse surpassed ChatGPT on the Apple App Store, raising concerns that artificial intelligence could disrupt traditional wealth management services. The S&P 500 Financial Index declined 2%, while the Banking Index fell 3%. Charles Schwab dropped 6.1%, AmeriPrise Financial fell 4.4%, and Raymond James declined over 3%. A portfolio manager at Gabelli Fund noted that concerns about AI disrupting traditional bus
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00:44
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US XRP Spot ETFs See $200.21M in Net Inflows on Sept 23, Bitwise Leads

According to SoSoValue data cited by ChainCatcher, U.S. XRP spot ETFs recorded net inflows of $200.21 million on Sept 23. Bitwise XRP ETF (XRP) led with single-day net inflows of $191.59 million, bringing its historical cumulative net inflow to $637 million. Franklin XRP ETF (XRPZ) followed with $8.62 million in daily inflows and a cumulative total of $485 million. As of press time, the combined assets under management for XRP spot ETFs reached $1.731 billion, with cumulative net inflows totalin
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XRP3.40%
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Solana Spot ETFs See $28.87M Net Inflows on September 22

According to SoSoValue data cited by PANews, Solana spot ETFs saw net inflows of $28.87 million on September 22. The top performer was Bitwise Solana Staking ETF (BSOL) with $26.38 million in daily net inflows, bringing its cumulative total to $1.131 billion. Grayscale Solana Trust (GSOL) followed with $1.79 million in daily inflows, with a total historical cumulative inflow of $146 million.
SOL-0.03%
00:44
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Trump Bought Up to $50,000 SpaceX Stock in July, Then Sold Holdings

According to financial disclosure filings released by the Office of Government Ethics, U.S. President Trump purchased between $15,001 and $50,000 of SpaceX stock on July 10 and sold between $1,001 and $15,000 of holdings on July 17. Trump signed the disclosure documents on September 8. SpaceX, owned by Elon Musk, is a major U.S. military contractor that regularly requires federal government approvals for its operations. The company completed its initial public offering in June at a valuation of
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00:43
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Federal Reserve Raises Rates by 25 Basis Points to 3.75%-4.00% on September 16

According to Galaxy Securities report, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00% on September 16, marking the first rate hike since July 2023. Following the announcement, semiconductor storage, CPU manufacturing, chipmaking services, and optical interconnect sectors outperformed on the first trading day, driven by strong near-term earnings and shorter investment payback cycles that demonstrate resilience to rising rates. Meanwhile, AI-related stocks with valuati
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XRP Spot ETFs See $20.02M Net Inflows on September 22, Bitwise ETF Leads

According to SoSoValue data, XRP spot ETFs saw net inflows of $20.02 million on September 22 (U.S. Eastern Time), with Bitwise XRP ETF (XRP) leading at $19.16 million in single-day inflows and cumulative net inflows reaching $637 million to date. Franklin XRP ETF (XRPZ) contributed an additional $0.86 million. Total XRP spot ETF assets reached $1.73 billion with cumulative net inflows of $1.73 billion to date.
XRP3.40%
00:41
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Trump Announces U.S. Will Use Term 'Superintelligence' Instead of AI in Government Documents

According to ChainCatcher, on Tuesday, U.S. President Trump announced at the UN General Assembly that all American government documents will henceforth use the term "superintelligence" instead of "artificial intelligence." Trump stated that the word "artificial" makes AI sound "fake," and emphasized the U.S. opposes any global mechanism to restrict AI development. He noted that the nation currently leads other countries in the field and that whoever wins the competition will prevail. Trump also
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Iran's Foreign Minister Criticizes European Double Standards on US-Israel Policy at UN

According to Iran's Foreign Ministry, Foreign Minister Arafat Araghchi criticized European countries' double standards during a meeting with Dutch Foreign Minister Caspar Veldkamp on September 23 at the UN General Assembly. Araghchi stated that Europe cannot claim to support rule of law and human rights while remaining silent on or supporting military aggression by the United States and Israel against Iran. He emphasized that Iran maintains a responsible stance on nuclear issues through diplomat
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Mohamed El-Erian Says Rate Hikes Alone Insufficient to Address Inflation, on September 22

According to his X post on September 22, Mohamed El-Erian, Allianz Group's chief economic advisor, said monetary policy alone cannot solve current inflation and governments must take action to address supply bottlenecks and pursue stronger fiscal consolidation. El-Erian warned that excessive reliance on monetary policy risks weakening the economy unevenly, with the burden falling disproportionately on those least able to bear it. He argued central banks should not be pressured by markets to prio
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00:37
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Tencent Launches Hy Image 3.5 Preview Model on September 22

According to Bloomberg, Tencent launched its latest image-generation model Hy Image 3.5 Preview on September 22 and integrated it into Yuanbao chatbot, film-editing tools, and design software on the same day that Alibaba opened its AI conference. The move expands Tencent's AI capabilities beyond text generation as competitors ByteDance and Alibaba also advance their image-generation tools. Tencent's Hong Kong-listed shares rose more than 7% following the announcement.