Gate Crypto Flash News and Market Updates

Tether confirmed on September 14 that its assets held at EQIBank represent less than 0.034% of total group assets, as U.S. prosecutors moved to forfeit approximately $84.2 million linked to the bank's payment processor. The USDT issuer stated it had no knowledge of the conduct prosecutors have alleged against Capstone Limited, a Montana-based payments company at the center of the civil forfeiture case. Based on Tether's latest disclosed total assets of $187.75 billion, the stated exposure ceilin

According to Al Jazeera, Iran's President Pezeshkian said today (Sept 26) that events in Yemen are unrelated to Iran. He called on Yemen's Houthi movement and Saudi Arabia to resolve differences through dialogue, saying Iran can help mediate disputes. Pezeshkian emphasized Iran will not be a warmonger and urged brother nations not to fight each other.

According to Thai Prime Minister's Office spokesman, heavy rainfall in recent days across Thailand has disrupted transportation and affected both residents and tourists, with several flights canceled causing visitors to become stranded. The Tourism and Sports Ministry has activated emergency response measures and deployed staff to airports to assist affected travelers. Tourism and Sports Minister Surasak has ordered relevant departments to coordinate efforts and provide full assistance to impact

According to Al Jazeera, on September 26, Iran's President Pezeshkian stated that Iran no longer trusts negotiations with Washington because the U.S. has repeatedly launched attacks and imposed sanctions after every negotiation. He blamed the closure of the Strait of Hormuz on the United States, saying it was a natural response when Iran's routes are blocked. Pezeshkian added that the crisis could be resolved through negotiations rather than military force, and the waterway would remain open for

According to Euronews, Kazakhstan is allowing cryptocurrency mining companies to build power stations using associated gas from oil fields to reduce gas flaring, ease pressure on the national power grid, and boost oil output. Data shows the country burned approximately 300 million to 340 million cubic meters of associated gas in 2024, which could generate 1.2 to 1.3 terawatts of electricity if utilized for power generation. Kazakhstan's energy ministry and relevant departments are currently deve

According to Xinhua, China and the United States reached a new economic arrangement ahead of President Xi Jinping's state visit to the U.S., as announced by Foreign Minister Wang Yi. The agreement includes establishing trade and investment councils, creating an agriculture working group, and a $30 billion reciprocal tariff reduction. Bilateral trade teams also agreed to extend previous negotiation outcomes from Kuala Lumpur, aiming to stabilize economic ties and market confidence between the two

According to Xinhua, Chinese President Xi Jinping visited the United States from September 23-25 at the invitation of President Trump. The two leaders engaged in candid and in-depth exchanges on major issues affecting both nations and global affairs. They reached multiple new consensuses and agreed to further enrich the definition of their bilateral relationship by jointly building a "constructive strategic stable relationship based on mutual respect, fairness and equality."

According to China's Foreign Ministry spokesperson, on Sept 26, China addressed the U.S. decision to use "super intelligence" instead of "artificial intelligence" in describing recent diplomatic discussions. The spokesperson noted that China and the U.S. held in-depth discussions on AI during their leaders' meeting. China respects the U.S. position on terminology and suggested both sides strengthen communication and seek consensus as AI technology continues to evolve.

According to Wu Blockchain on Twitter, the OKB token surged over 10% on Nov 19 after rumors that OKEx founder Mingxing "Star" Xu may be released on bail soon. The token price rose from $4.81 to $5.40, while trading volume jumped to $143 million compared to $56 million the previous day, according to CoinMarketCap data. Wu Blockchain reported that Chinese authorities are considering discontinuing their investigation into the OKEx founder.

On December 22, XRP dropped below $0.50, sliding 10% in value following news that the United States Securities and Exchange Commission will file a lawsuit against Ripple for allegedly violating securities laws. On a 24-hour basis, XRP plunged 17% on CoinMarketCap, currently trading around $0.46 as the third-largest cryptocurrency by market capitalization faces ongoing downward pressure from the legal action.

According to reports on December 11, 2020, Massachusetts Mutual Life Insurance Company (MassMutual) purchased $100 million in Bitcoin for its general investment account, representing 0.04% of its $235 billion investment portfolio. The 169-year-old insurer also acquired a $5 million minority stake in New York Digital Investment Group (NYDIG), a cryptocurrency services provider that will offer custody services for the Bitcoins. Macro investor Mike Novogratz called the move "the most important Bitc

According to Bank of America analysts Alastair Ryan and Philip Middleton, in December 2020, CBDCs pose significant risks to European banks' business models. The analysts warned that government-issued digital currencies could weaken the link between banks and customers, threatening fee income. They noted that if current accounts become less important, banks would lose a primary source of profitability, as CBDCs could eliminate the deposit base needed for lending operations.

According to Bloomberg, Bitcoin hit a new all-time high of $49,125.11 on Feb 14, gaining 2.5% in the past 24 hours. The rally was fueled by news that Counterpoint Global, an investment unit of Morgan Stanley managing $150 billion in assets, is exploring whether Bitcoin is a suitable investment for the firm, citing people familiar with the matter.

According to OpenAI's statement, News Corp and OpenAI announced on May 25, 2024, a multi-year global partnership granting OpenAI access to News Corp publications including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, and the New York Post. The agreement permits OpenAI to display both current and archived content from these news sources on its platform, aimed at providing users access to reliable reporting. News Corp will also contribute journalistic expertise to sup

According to DoubleZero co-founder Austin Federa on Sept 26, the company firmly supports Solana and provides free high-speed connectivity to over 60% of Solana's staking, with approximately 75% of validators using DoubleZero's infrastructure. Federa highlighted that DoubleZero operates a competitive Shred service with lower costs and returns 45% of revenue to validators. The platform plans to launch additional services for Solana in the future.

According to CME Federal Reserve Watch, as of September 26, the probability of the Federal Reserve raising rates by 25 basis points in October stands at 64.2%. The odds of maintaining rates unchanged are at 35.8%.

According to HTX market data, Solana (SOL) broke through $120, trading at $120.00 with a 24-hour gain of 1.77%.

According to E-Daily Market In, Hoban Group's stake in Hanjin Kal reached 20.15% as of September 26, narrowing its gap with Chairman Cho Won-tae's stake and related parties' combined 20.57% to just 0.42 percentage points, according to the Financial Supervisory Service's electronic disclosure system. The holdings, accumulated through subsidiary purchases including Hoban Construction, Hoban, Hoban Hotel & Resort, and Hoban Industrial (added in July), mark a continued closing of the ownership gap i

According to MarketIn, Hoban Group's shareholding in Hanjin Kal (Korean Air, 180640) narrowed the gap with Cho Won-tae's faction to 0.42 percentage points as of Sept. 26, 2026. Hoban controls 20.15% through multiple subsidiaries, while Cho's group and related parties hold 20.57%. Despite the narrow margin, Hoban maintains its stake as a "simple investment" without signaling hostile intent. Market analysts anticipate Hoban may launch a public offer following the Chuseok holiday or before Asiana A

According to 이데일리 마켓in, on September 26, Koryozinc announced it will raise up to 3 billion won through corporate bonds in the week of September 28–October 2, with an initial target of 1.5 billion won for five-year maturity. The offering comes as the company faces ongoing management rights disputes with MBK Partners and Young Poong. SK also launched a 150 billion won bond offering with a potential increase to 250 billion won, while GS Entech issued 60 billion won backed by GS Global guarantees. K