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
08:16
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Agricultural Bank Raises Au(T+D) Contract Trading Limit from 14% to 17% Starting Sept 29

According to Jin10, Agricultural Bank of China announced on September 28 that the Au(T+D) contract trading limit will be raised from 14% to 17% starting the next trading day, while the Ag(T+D) contract limit will increase from 20% to 23%. The Shanghai Gold Exchange's gold trading services will suspend operations from October 1-7, resuming on October 8. Upon resumption after the first trading day without unilateral market conditions, both contracts will revert to their original limits of 14% and
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08:15
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Korean Investment PE Launches 1 Trillion Won AI Infrastructure Investment Platform on September 28

On September 28, Korean Investment Private Equity, a subsidiary of Korean Investment Financial Group, announced the establishment of a 1 trillion won AI infrastructure investment platform using group equity capital and GP contributions. The platform will target AI data centers and large-scale power generation facilities, positioning the group to capture investment opportunities in critical infrastructure supporting the AI era.
08:15
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Bitget Pauses Withdrawals Due to Multi-Chain Attack, to Resume After Full Security Verification

According to Bitget's Mandarin operations head Xie Jiayyin on Sept 28, the exchange paused withdrawals following an attack spanning multiple blockchains, not a single asset or network. The exchange will not reopen deposits until every security checkpoint is verified across all affected chains. Bitget's protection fund stands at $464 million, fully covering losses from the incident, and its reserve proof is 127%, demonstrating full transparency.
08:15
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New York City Council Proposes AI Regulations with $25,000 Penalties for Missing Kill Switches

On September 25, the New York City Council proposed new AI oversight regulations requiring that AI models promoted, sold, or deployed in the city must include a "kill switch" enabling human operators to halt operations, whether temporarily or permanently. Models must also undergo third-party verification. Violations incur penalties up to $25,000 per instance, with higher fines for falsified verification records. The City Council has scheduled a full committee hearing on October 5 to examine the
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08:14
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Consumer Staples ETF XLP Gains 0.17% as COST Surges 3% on Q4 Earnings Beat; SFIX Plunges 24%

According to Stocktwits market report, during the week of Sept. 21–25, the Consumer Staples Select Sector SPDR Fund (XLP) gained 0.17% to near $82.06 as investors favored defensive stocks amid sticky inflation and higher bond yields. Costco (COST) emerged as the week's strongest performer, gaining 3% after its fiscal Q4 2026 earnings beat Wall Street estimates. Paid memberships rose 3.8% to 84.1 million, while renewal rates in the U.S. and Canada reached 92.3%. Dollar General (DG) climbed nearly
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08:13
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Iran Denies Plans for U.S. Talks in New York on Sept 28

According to Iran's Islamic Republic News Agency (IRNA) on September 28, Iran's delegation has no plans to hold talks with the U.S. in New York. The delegation is in New York to attend the United Nations General Assembly, and talks with the U.S. are not part of its agenda. Iran's foreign minister will depart for home on September 29 after completing scheduled activities.
08:13
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California Governor Newsom Signs Law Banning Public Officials From Issuing Meme Coins on September 27

On September 27, California Governor Gavin Newsom signed Assembly Bill 2409, prohibiting state and local public officials from issuing meme coins. The law defines issuance broadly as making a token available for public purchase, donation or exchange, and covers elected or appointed officials including legislators and government board members, as well as public employees with decision-making authority over contracts. AB 2409 also restricts digital-asset service providers from listing meme coins t
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MEME-7.12%
08:12
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U.S. Dogecoin ETF Records $2.89M Weekly Inflows, New High Since Launch

According to SoSoValue data, U.S. Dogecoin spot ETF funds attracted $2.89 million in net inflows during the week ending September 25, surpassing the previous weekly record of roughly $2.59 million. Dogecoin was trading near $0.0926, down about 5.5% on the day after briefly reaching approximately $0.0988. The strong ETF demand contrasts with Dogecoin's ongoing supply dynamics. The protocol generates approximately 14.4 million new DOGE daily, equivalent to roughly 100.8 million coins per week, wor
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DOGE-5.68%
08:12
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Nio Joins Geely Smart Charge Network, Becomes First EV Brand to Integrate on September 28

According to GlueCap Tech, on September 28, Nio formally joined Geely's charging network, becoming the first EV brand to integrate into the system. Under the strategic partnership, Nio will acquire 10% equity stake in Geely's Hao Han Energy after transaction completion, while Geely will hold 30% of Nio Energy in exchange for 100% stake in Yi Yi Interconnect plus 640 million yuan in cash. Nio will connect approximately 10,000 independent charging guns to Geely Smart Charge Network. Currently, Gee
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08:09
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Gold Falls Over 3% Today; Major US Gold Miners Down Up to 6.2%

Gold prices fell over 3% intraday today (September 28). Major U.S.-listed gold mining companies declined in premarket trading, with Harmony Gold and AngloGold Ashanti each down 6%, Sibanye Stillwater down 5%, Kinross Gold down 4.7%, Newmont down 3.4%, and Barrick Mining down 3.5%. SPDR Gold Trust ETF (GLD) dropped 3.2%.
08:09
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Korean Teachers' Pension Fund to Open New York Office Next Year, Hires 3 Staff

According to Korean Teachers' Pension Fund (reported on September 28), the fund plans to open its first overseas office in New York next year to strengthen local investment networks and access to market information. The fund has already selected three personnel—two senior officials and one team leader—and is currently securing office space and building IT infrastructure. The move aims to enhance overseas alternative investment capabilities; the fund's overseas assets now represent approximately
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08:09
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Global Funds Shift China Stocks to Neutral After 4 Years of Underweight, ETF Inflows Resume in August

According to Bank of America analysis released on September 28, global funds managing 2,800 portfolios have shifted their allocation stance on China stocks from underweight to neutral as of June, marking the end of a four-year period of continuous reduction. These funds collectively hold $562 billion in Chinese equities. China and Hong Kong-focused ETFs recorded net inflows of $19 million in August, reversing July's $1.94 billion outflow, according to Bloomberg Intelligence. The shift reflects i
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08:08
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CNEX Sentiment Index Falls to 47 as of Sept 28, Down 1 Point from 2:30 p.m.

According to Jin10 Futures, as of 4 p.m. on September 28, the CNEX money market sentiment index fell to 47, down 1 point from 2:30 p.m. Among sector participants, major banks reported a sentiment index of 44, mid-sized banks 47, and non-bank institutions 49—all down 1 point respectively. (Note: The index ranges from 0 to 100, with 50 indicating equilibrium; readings above 50 reflect tightening liquidity conditions.)
08:08
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U.S. Storage Chip and Optical Communications Stocks Decline in Premarket Trading

U.S. stock market premarket trading saw storage chip stocks decline broadly this morning (September 28). SK Hynix and SanDisk fell over 3%, while Micron Technology and Western Digital dropped over 2%. Optical communications stocks also retreated, with Corning, Coherent, and Marvell Technology declining over 3%, and Lumentum sliding over 2%.
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08:08
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U.S. Midterm Elections on November 3 Seen as Potential Market Catalyst, PolyMarket Shows 62% Probability of Democratic Sweep

According to South Korean securities analysts, the U.S. midterm elections on November 3 are expected to drive a potential year-end rally in domestic and global stock markets. Prediction market platform PolyMarket reflects a 62% probability that Democrats will simultaneously control both chambers of Congress. Historical data shows that S&P 500 and Nasdaq have gained 10% or more within 6 to 12 months following midterm elections since the 1980s, with a win rate approaching 100%, analysts noted. If
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