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
01:19
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Xi Meets Trump During US State Visit on September 25, Vows to Deepen China-US Strategic Partnership

According to Jin10, on September 25, Chinese President Xi Jinping met with U.S. President Donald Trump during an official state visit to the United States. The two leaders held candid and in-depth discussions. The meeting marked a milestone in bilateral relations, coming less than six months after Trump's visit to China in May. Xi and Trump reaffirmed their commitment to building a constructive strategic stable relationship between China and the U.S., reaching new consensus and enriching the str
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01:15
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South Korea Hedge Funds Post August Returns Up to 112.1%, Led by Life Growth Engagement Fund

According to Money Today, South Korean hedge funds delivered strong August returns as of September 25, with Life Growth Engagement General Private Investment Trust No.2 topping rankings at 112.1%. Eight funds posted monthly returns exceeding 30%, including Hastings Volcano at 70.7%, DS Benefit W at 50.2%, BlackPearl Nasdaq Venture at 41.2%, and Core Bio PJT at 40.7%. Top-performing funds deployed diverse strategies spanning mezzanine financing, venture capital, equities, bonds, and initial publi
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01:15
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South Korean Asset Managers Recommend U.S. Indices, AI Semiconductors for Chuseok Holiday Bonus Investment

According to asset managers in South Korea, on Sept 25 ahead of the Chuseok holiday, major fund operators recommended investment strategies combining U.S. benchmark indices, AI semiconductor stocks, monthly dividend funds, and short-term bond funds to investors looking to deploy holiday bonuses and surplus cash. Mirae Asset suggested core holdings in S&P 500 (delivering 11.72% average annual returns over 15 years) and Nasdaq-100 (17.54% average annual returns over 15 years) alongside AI semicond
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01:15
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South Korean President Lee Meets Mexican President, Bilateral Trade Reaches 28 Trillion Won

South Korean President Lee Jae-myung met with the Mexican President at the presidential palace, where both leaders engaged with business representatives to discuss economic cooperation. According to Lee's remarks, bilateral trade between South Korea and Mexico totals approximately 28 trillion won, with Korean companies having invested over 18 trillion won in Mexico. The two nations continue to strengthen their economic interdependence through mutual business support.
01:14
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Micron to Report Q4 Results on September 30, Market Eyes $52B Revenue

According to Daeshin Securities, Micron will report Q4 fiscal results on September 30, with market expectations at $52 billion in revenue and earnings per share of $32.5-33. As the memory chip maker reports ahead of Samsung Electronics and SK Hynix, its earnings serve as a key gauge for the semiconductor industry. Analyst Lee Kyung-min noted that forward guidance exceeding consensus of $56.9 billion and maintaining a gross margin of 86% could trigger a new rally in semiconductor stocks. The guid
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01:13
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Higgsfield on Track for $1B Annualized Revenue Based on Latest Four Weeks of Sales

According to Bloomberg, AI video startup Higgsfield is on track to generate more than $1 billion in annualized revenue based on its latest four weeks of sales, as businesses increase spending on AI-generated video ads. Contracted revenue from business customers has increased 10x since June, said CEO Alex Mashrabov, with subscriptions now accounting for just over 60% of revenue as usage-based spending rises. The San Francisco-based company, founded by a former Snap executive, raised $400 million
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01:05
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Open Standard Announces $1B+ Liquidity, Appoints Bridge CEO Zach Abrams as Full-Time CEO on Sept 25

According to PANews, on September 25, Open Standard announced structural and leadership updates, with Coinbase, Mastercard, Shopify, Stripe, and Visa joining as initial founding partners. The partners will invest in the company and support Open USD (OUSD) supply provision, providing over $1 billion in near-term liquidity. Zach Abrams will serve as the company's full-time Chief Executive Officer, leaving Bridge to focus entirely on Open Standard. OUSD, an internet-native stablecoin, targets banki
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01:02
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Bitget Hacker Addresses Hold 102.9M XRP Worth $157 Million, Mistral Track Tags 7 New Ripple Wallets on September 25

According to BlockBeats, citing Mistral Track data, Bitget hackers' addresses hold approximately 102.9 million XRP worth $157 million as of September 25. Mistral Track marked 7 new Ripple network addresses associated with the hack. In addition to XRP holdings, the hacker addresses include 11 EVM addresses and 1 TRON address containing approximately 67,980 ETH, 5,897 BNB, 495.6 WETH, 218,023 USDT, 99,990 USDC, and 20.6 million TRX.
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XRP2.85%
ETH0.26%
TRX-0.87%
USDC0.03%
01:02
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Starbucks Closes 250 North American Stores This Week, Cuts Regional Footprint by 1%

According to Yahoo Finance and Starbucks' official announcement, the coffee chain is closing 250 stores across North America this week, reducing its regional footprint by approximately 1% as CEO Brian Niccol accelerates company transformation efforts. In a letter to employees on Thursday (September 24), Chief Operating Officer Mike Grams stated the closures target locations unable to deliver satisfactory financial performance or customer experience. The move follows a similar 1% reduction announ
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01:01
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Bitwise ETF Sees $70M in Spot Crypto Conversions Through Q3

According to Bitwise CEO, investors have converted approximately $70 million in spot cryptocurrency assets into Bitwise ETF products year-to-date through the third quarter, according to data shared on X platform. While not all investors prefer ETFs over spot holdings, interest in these products continues to grow due to considerations around peace of mind, tax simplification, estate planning, and lending and margin purposes.
00:55
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Google Launches Project Suncatcher AI Chip Satellite Next Week on SpaceX Mission

According to Reuters, Google announced on September 24 that it plans to launch a prototype satellite next week on SpaceX's Transporter-18 rideshare mission in partnership with Planet Labs. The satellite will carry Google Tensor Processing Units to test how the chips perform under launch forces, radiation, extreme temperatures, and cooling in low Earth orbit as part of Project Suncatcher, Google's initiative to study large-scale AI computing infrastructure in space. Google had previously tested t
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00:54
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Bitwise Hyperliquid ETF (BHYP) Records $4.7749M Net Inflows Yesterday

According to SoSoValue data cited by PANews, Bitwise Hyperliquid ETF (BHYP) saw net inflows of $4.7749 million yesterday (Sept 24, Eastern Time), marking the sole HYPE spot ETF with positive flows on the day. BHYP's historical net inflows have reached $149 million to date, with the broader HYPE spot ETF market commanding total net assets of $514 million.
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HYPE-2.85%
00:53
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Iraq's Najaf Airport Cancels Flights to and From Iran Starting Friday

According to Jin10 data citing Iran's Fars News media, Najaf airport in Iraq cancelled flights to and from Iran starting Friday (Sept. 25) at 2 a.m. local time. However, some flights from Tehran to Najaf remain visible in airline schedules, and Iraqi pilgrimage groups continue waiting for flights to Najaf. Baghdad airport has also suspended Iran routes in recent days.
00:52
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WAXP Surges 18.97% in 60 Minutes to $0.006648

WAXP surged 18.97% in 60 minutes to $0.006648, with a 23.43% gain over the last 24 hours, signaling strong short-term trading activity. The token recorded $4,272,166 in trading volume over 24 hours, with a market cap of $30,823,530. The 24-hour trading range was $0.00534982 to $0.00664767.
00:50
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IMM PE Completes 400 Billion Won Acquisition of South Korea's Leading Diamond Tool Maker

According to Herald Economy, IMM PE completed the acquisition of Ewha Diamond, South Korea's top diamond tool manufacturer, in August 2026. The company acquired a 65% controlling stake for 400 billion won through a stock purchase agreement signed in May, with regulatory approval from South Korea's Fair Trade Commission in July. Ewha Diamond holds the number one position domestically and ranks third globally in the diamond tool market, supplying essential equipment to manufacturers across constru
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