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.
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04:45
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Wells Fargo Cuts Micron Price Target to $1,400 but Raises 2027-2028 Earnings Forecasts

According to Wells Fargo analyst Aaron Rakers, on September 25, the firm lowered Micron's (NASDAQ: MU) price target to $1,400 from $1,525 while raising its profit estimates. The analyst increased the company's 2027 fiscal-year EPS forecast by approximately 5% and its 2028 EPS estimate by over 10%. Wells Fargo now projects Micron's 2027 revenue at $261.3 billion and EPS of $166, with 2028 figures at $287.8 billion and $178. The analyst expects the company's free cash flow to exceed $125 billion,
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04:43
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Meta Stocks Surge 36% in September as AI Assistant Muse Tops App Store

Meta Platforms Inc. stock has surged 36% in September, with shares climbing 4.5% on September 24 to $777.59 per share, bringing the company within striking distance of a $2 trillion market valuation. The rally was fueled by the rapid success of Muse, Meta's AI assistant, which quickly topped Apple's App Store, alleviating investor concerns about the company's massive AI investments and their potential returns. According to analysts at Asymmetric Capital Partners, Muse validates Meta's AI strateg
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04:42
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Doppler Finance XDP Token Launches on KuCoin with Trading Starting September 28

According to KuCoin, Doppler Finance's XDP token will launch on the exchange with trading commencing on September 28, 2026. The token is designed to provide infrastructure for tokenized capital markets, focusing on yield generation and collateral utility. Deposits for XDP are already open ahead of the trading start.
04:37
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Costco Brings Back Iconic Churro This Month as Q4 Net Sales Hit $93.9B, Up 11.2%

Costco Wholesale Corp. confirmed that its iconic churro will return to all U.S. food court locations this month for a limited time, CEO Ron Vachris announced during the company's fourth-quarter earnings call. The cinnamon-sugar treat was discontinued in 2024 after becoming a customer favorite. The retailer reported Q4 net sales of $93.9 billion, up 11.2% year-over-year, with net income rising to $3 billion from $2.61 billion. Comparable sales increased 9.4% globally. Total revenue of $95.72 bill
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04:30
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Australia's Healthcare System Hit by Advanced AI Cyberattack; UK Offers Support on September 25

According to Jin10, Australia's healthcare system suffered a cyberattack involving advanced artificial intelligence from OpenAI on September 25. The UK's National Cyber Security Centre is contacting Australian counterparts to assess the scope of the incident and provide assistance. UK government officials stated the country is prepared to offer support to its ally and emphasized the incident underscores the risks posed by advanced AI.
04:26
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Netanyahu Presents Starlink Terminal at UN General Debate, Proposes Transfer to Iran on Sept 24

According to Jin10, on September 24 at the UN General Debate, Israeli Prime Minister Benjamin Netanyahu held a Starlink terminal and proposed transferring it to Iran's delegation, stating it would allow Iranians to "exercise choice and access truth." In protest, most country representatives left the chamber, with Iran's delegation departing and placing a photograph of slain Islamic Revolutionary Guard Corps commander Qasem Soleimani on their seats. After the session, Israeli UN Ambassador Danny
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04:22
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UBS Maintains Micron $1,625 Price Target, Sees 50% Upside Amid Strong Memory Demand

According to UBS analyst Timothy Arcuri, on Wednesday the firm maintained its $1,625 price target on Micron Technology (MU-US), implying roughly 50% upside from Thursday's close of $1,077.29. Arcuri reiterated a buy rating, noting that supply-demand gaps continue to widen and fundamentals are improving despite ongoing momentum concerns. The analyst expects Micron to report fiscal Q4 2026 revenue of $52.4 billion and earnings per share of $32.50 when it reports results on September 30, ahead of g
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04:17
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DeepSeek Harness Desktop App Now Available on macOS and Windows; v0.1.7-rc.2 Adds New Features

According to reports from 动察 Beating AI 快讯, DeepSeek Harness desktop app has been made available on macOS and Windows, though the company has not made an official announcement and no download link appears on the official website. The installation packages for both platforms are already live on official servers and functional. The Electron-based app wraps the original Harness web version into a standalone application, allowing users to log in with DeepSeek credentials or provide API keys, then se
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04:16
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WTI Crude Oil Falls 1.57% to $93.12 Amid U.S.-Iran Strait of Hormuz Negotiations on September 25

According to Yonhap Infomax, WTI crude oil futures fell 1.57% to $93.12 per barrel on September 25, as diplomatic talks between U.S. and Iranian delegations progressed during the UN General Assembly. The two sides are discussing a phased agreement linking Iran's reopening of the Strait of Hormuz with U.S. sanctions relief. Iranian President Masoud Pezeshkian told U.S. media that Iran aims to resolve the crisis diplomatically before November elections. Tim Waterer, senior analyst at KCM Trade, no
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04:15
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KelpDAO Sues LayerZero Over April rsETH Bridge Attack Resulting in $292M Loss

According to ChainCatcher, KelpDAO has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino over the rsETH cross-chain bridge attack that occurred on April 18, 2026, which resulted in the loss of approximately 116,500 rsETH worth roughly $292 million. The complaint alleges LayerZero failed to disclose technical vulnerabilities, neglected to prevent infrastructure penetration, and had previously approved Kelp's deployment and configuration in writing. LayerZero CEO Bryan Pellegrino d
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ZRO-2.13%
04:10
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China Emphasizes Middle East Security Should Be Led by Regional Nations, on September 24

According to Jin10, on September 24, Chinese Deputy Permanent Representative to the United Nations Sun Lei stated at an informal high-level dialogue with the Arab League's "Troika" at the UN Security Council that Middle East security affairs should be under the autonomous control of regional countries. He emphasized that the Palestinian issue remains central to Middle East problems and called for irreversible international action to implement the "two-state solution" and achieve Palestinian inde
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04:07
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Macquarie's Gabia Acquisition Blocked: Public Offer Sees Only 22% Subscription Rate on Sept 25

According to Financial News, Macquarie Asset Management's acquisition of South Korean web hosting firm Gabia failed on September 25 after its public share offer fell short of minimum requirements. The special purpose company DCK received only 721,413 subscription applications, or 22.1% of the minimum 3.27 million shares targeted, despite offering 48,000 Korean won per share. Key shareholders Mirihi Capital and Align Partners did not participate in the offer, preventing the deal from reaching its
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04:01
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Cosmos Joins LF Decentralized Trust With 14 New Members on September 24

According to Cosmos' official announcement on September 24, Cosmos joined LF Decentralized Trust alongside 14 other new members. The membership strengthens Cosmos' efforts in digital assets and blockchain interoperability while providing access to a broader developer and technical expertise community. Cosmos Co-CEO Barry Plunkett stated that the membership represents "a natural way for us to evolve our commitment to open source." The Linux Foundation-backed initiative brings together organizatio
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