Gate Crypto Flash News and Market Updates

On September 23, Saudi Arabia's East-West Pipeline resumed operations. Simultaneously, former U.S. President Trump warned that Iran could face potential military action if no peace agreement is reached, intensifying Middle East tensions. The overlapping supply recovery and geopolitical tensions drove mixed sentiment in crude oil markets, with prices subject to competing bullish and bearish pressures.

According to Investopedia, Jefferies analysts raised Meta's target price from $710 to $875 yesterday, citing the company's Muse AI agent demonstrating signs of a "killer application" with unprecedented consumer adoption since its launch this month. The new target significantly exceeds Wall Street's consensus of $782. Meta shares closed at $736.60 on Tuesday, approximately 7% below their August 2025 peak of $796.

According to hardware leaker unikoshardware, Micron Technologies has discontinued its 2GB (16Gb) GDDR7 memory chips, with the company's official website now listing the specification as end-of-life (EOL). The chips are used in Nvidia GeForce RTX 50 graphics cards, which Micron began supplying in late February 2026. With Micron's exit from the 2GB segment, RTX 50 series production will increasingly depend on Samsung and SK Hynix, the primary GDDR7 suppliers. Micron accounts for an estimated 10% o

According to Guru Club, lithium carbonate futures (LC2701) declined 3.05% on September 23, trading at 129,100 yuan per ton. Trading volume reached approximately 22.485 billion yuan.

According to Jin10, SoftBank Group launched a junk bond offering on September 23 to raise over $11 billion for artificial intelligence investments. The multi-part transaction includes $10 billion in U.S. dollar-denominated bonds and 1 billion euros (approximately $1.1 billion) in euro-denominated bonds. The offering aims to fund the Japanese conglomerate's commitment to OpenAI and finance additional acquisitions in the AI sector.

Apple Inc. (AAPL), Okta Inc. (OKTA), and Advanced Micro Devices Inc. (AMD) jumped to 52-week highs on Tuesday. AAPL climbed 0.23% after reports emerged that the iPhone maker is developing a fitness tracker to compete with Whoop. OKTA gained nearly 3% at close following Baird's price target increase to $200 from $185. AMD rose more than 1%, reaching $624.52, as it joined the $1 trillion market capitalization club amid a rally in artificial intelligence stocks.

According to Bloomberg, Verda, a Finland-based AI cloud infrastructure startup, raised US$189 million on Sept 22, with Emergence Capital leading the round and the company reaching a valuation of at least US$1 billion. Other investors included MUFG Innovation Partners, Super Micro Computer, Varma Mutual Pension Insurance, and Lifeline Ventures. CEO Ruben Bryon said Verda reached an annualized revenue run rate of US$165 million in July and will use the new funds to expand computing capacity. The c

According to Jin10, on September 23, prices of gold bars from major Chinese banks and jewelry brands showed mixed movements. Industrial and Commercial Bank of China (ICBC) led gains with an increase of 8.19 yuan per gram, while Chow Sang Sang posted the largest decline of 3 yuan per gram. Bank of Communications and China Minsheng Bank also reported price increases, while Chow Tai Fook and Serena also fell.

According to SHIBOR data, overnight SHIBOR fell to 1.3613%, down 0.27 basis points yesterday. Seven-day SHIBOR declined to 1.3840%, down 0.53 basis points, while the three-month rate held steady at 1.4300%.

According to Iran's state media Press TV and military officials, on September 23, after President Trump threatened to 'eliminate' Iran at the United Nations General Assembly, Tehran's leadership warned the U.S. not to launch any new attacks. The Islamic Revolutionary Guards Corps stated that Washington would gain nothing but 'failure' from such action, while Iran's Armed Forces General Staff warned of 'more severe, more destructive, and unpredictable strikes' in response. Iranian officials rejec

According to TASS, Russian Foreign Minister Sergey Lavrov arrived in New York today to attend the UN General Assembly.

According to Yonhap Infomax, on September 23, U.S. stock index futures showed mixed performance amid easing U.S.-Iran tensions. E-mini S&P 500 futures declined 0.02% to 7,830.50, while E-mini Nasdaq-100 futures rose 0.04% to 31,040.00. Overnight, the Nasdaq index hit record highs at both intraday and closing levels, supported by tech sector strength and market expectations of reduced U.S.-Iran tensions. President Donald Trump revealed that U.S. and Iranian officials held a three-hour meeting dur

According to reports, the S&P 500 Financial Index fell approximately 2% on September 22, with Charles Schwab and LPL Financial each declining over 6%. JP Morgan and Bank of America dropped over 3%. The decline was attributed to concerns that Meta's AI assistant Muse, which recently ranked first on the U.S. Apple App Store, could disrupt traditional financial services by automating banking, insurance, and investment advisory functions. Goldman Sachs analysis suggested AI agents could also threate

According to Stifel, Microsoft stock was upgraded to Buy from Hold on Tuesday with a price target raised to $575 from $530, implying over 15% upside. The brokerage cited durable AI growth and improving cost discipline, noting that Microsoft's model-agnostic Azure strategy positions it to support a broader range of AI workloads as open-weight models advance. Stifel believes operating-expense efficiencies and Azure operational improvements, combined with the elimination of OpenAI payments followin

According to the Ministry of Public Health, 37 deaths related to measles and malaria were reported in Madagascar's southeastern Ifandiana district as of September 22, with 75% of the victims being children. Seven additional patients are receiving treatment at medical facilities.

According to Seth Carpenter, Morgan Stanley's chief economist, the investment bank raised its forecasts for interest rate hikes by the Federal Reserve, European Central Bank, and Bank of Japan on September 22. Morgan Stanley now expects the Fed's policy rate to reach 4.25%-4.5% following a September rate hike and additional increases in December and March 2027. The ECB is forecast to raise rates again in December, while the BOJ is expected to lift rates to 1.5% in December and approximately 1.75

According to Mirae Asset Securities, Samsung Electronics topped net purchases among high-net-worth investors today, September 23, rallying to 281,500 won, up 1.8% from the previous session's closing price of 276,500 won. If Samsung Electronics closes above 280,000 won, it will reclaim the 280,000-won level for the first time in approximately one month since August 21. Samsung SDI ranked second in net purchases, while Naver came in third.

According to the Reserve Bank of Australia, in a recent assessment, the Australian Securities Exchange's clearing and settlement facilities were rated as compliant or largely compliant in most individual standards evaluated. However, the RBA noted that the facilities fell short of its expectations in several important areas, indicating room for improvement in key operational domains.

According to Blackstone President and Chief Operating Officer Jon Gray, on September 20 the firm disclosed internal AI investment data during a speech to over 100 global top-tier investors. Blackstone compared the current AI era to the industrial revolution period of 1870-1900, arguing the technology shift represents a genuine economic transformation rather than a bubble. Key metrics from Blackstone's portfolio: 14 companies saw annualized revenue grow 21-fold from $25 million to $525 million ye

According to Yonhapinfomax, on September 23, Seoul's bond market experienced significant volatility after an unverified rumor spread that the government would include 20-year Treasury notes in its current subscription-based issuance. The 20-year benchmark Treasury yield surged sharply amid the speculation. The South Korean Ministry of Economy and Finance subsequently clarified that no subscription issuance was planned this month, confirming the rumor was false. Market participants noted the rumo