Gate Crypto Flash News and Market Updates

According to Goldman Sachs' September 28 report, the U.S. economy's resilience is underestimated. The bank maintained its 2026 GDP growth forecast at 2.2%, only 0.3 percentage point lower than its January prediction, with third-quarter growth expected at 3.4%, near the potential rate of 2.3%. Interest rate and oil price shocks combined account for approximately 0.4 percentage point of drag, with the former partly offset by stock price gains, credit spread tightening, and dollar weakness. Consume

According to on-chain analyst Ai'yi, 1 hour ago an address holding QNT since 2019 transferred 9,000 tokens to Coinbase and Kraken at $222.09 per token, totaling approximately $1.998 million. The address originally acquired 53,632 QNT from major exchanges between May 2019 and November 2022 at an average cost of $22.57 per token, realizing an 884% gain.

According to Newsis, Hong Kong's H-share index fell 0.61% to 8,166.72 by late morning on September 29, reversing early session gains due to selling pressure in technology stocks. Rising U.S. long-term interest rates and Middle East tensions drove the decline. The Hang Seng Index dropped 0.60% to 24,495.27, with tech names including Alibaba, JD.com, and Tencent declining. Energy and property stocks remained relatively stable, while consumer stocks saw modest support.

According to Economist, Samsung Electronics rose over 1% on September 29, reversing the traditional ex-dividend day decline pattern that has persisted for six consecutive quarters. The stock rebounded sharply from an intraday low of 266,000 won, supported by institutional buyers who returned to purchase positions after briefly selling on September 28. Foreign investors continued to sell, but institutional support from value-seeking inflows helped the stock recover. Market analysts attributed the

According to CNBC's Mad Money host Jim Cramer, AMD's stock surged nearly 13% last week, briefly breaking a $1 trillion market valuation before retreating to $992.33 billion on Monday (Sept 28). Cramer attributed the rally to the rising adoption of agentic AI, which will drive increased CPU demand. He stated that CEO Lisa Su has executed "one of the greatest corporate turnarounds of all time" and expects the rally to continue as AI workloads shift focus from training to inference. Cramer noted th

According to CNBC, Nvidia announced on September 28 that it authorized an additional $150 billion for share repurchases, raising its total buyback authorization to $235 billion. The company said the increase marks the largest share repurchase authorization increase in history.

According to China's Ministry of Agriculture and Rural Affairs, at a State Council press briefing, Minister Zhang Zhu pledged to strengthen policy support for grain production through price subsidies, insurance programs, and coordinated management of production, storage, and imports. The measures aim to maintain grain prices at reasonable levels and ensure farmers achieve profitable returns from growing crops.

According to participants at Korea Premium Week 2026 policy session on September 29, structural corporate reforms and institutional investor action are needed to transform the Korean market from a discount to premium valuation. Officials stated that Commercial Law amendments and the value-up program require real behavioral changes from companies and asset managers to be effective. Global investors highlighted infrastructure gaps as barriers to deeper market participation. Regulators must ensure

According to bond market sources, on Sept 28-29, South Korea's government and public bond money market fund (MMF) negative spreads widened beyond -0.12%, with some major funds among 25 tracked showing negative premiums. A negative spread indicates market interest rates on underlying bonds have risen, increasing redemption risk for investors. The widening is driven by a surge in bank bond issuance due to major corporate deposit maturities and rising U.S. Treasury yields. Bond traders cited reduce

According to Hyundai Motor Securities' financial reports, the company's investment banking (IB) operating net profit rebounded to 461 billion won in the first half of 2026, up 77% from 260 billion won in the same period last year. However, challenges remain in recovering capital from property project financing (PF) investments as sales and disposals of existing projects proceed slowly. As of June 2026, the company's impaired assets declined to 178 billion won from 199.4 billion won at year-end 2

According to the Korea Exchange, on September 29, the 'Korea Premium Week 2026' forum highlighted that transparent corporate governance and sustained shareholder returns are essential for South Korea's stock market to overcome valuation discounts. As of August 2026, total cash dividends reached 52.4 trillion won, surpassing last year's full-year total of 50.9 trillion won, signaling a structural shift in shareholder value culture among listed companies.

According to financial industry reports, SK Hynix ADR dropped 5.03% overnight on the New York Stock Exchange today, following a 5.05% decline on the domestic market yesterday. The sell-off reflects shareholder concerns over Solidigm, the company's U.S.-based NAND flash memory subsidiary, pursuing a separate Nasdaq listing. Investors fear a standalone IPO for the AI-focused subsidiary will dilute the parent company's valuation and fragment foreign investment demand. SK Group stocks declined in ta

According to Yonhap Infomax, the U.S. 10-year Treasury yield climbed to 5.23% on September 29, reaching its highest level since June 2007. The surge reflects broader bond market pressures, though current mortgage lending standards remain significantly stricter than during the 2007–2008 financial crisis, with 92% of U.S. mortgages now fixed-rate compared to prevalent adjustable-rate products before the crisis.

According to BlockBeats, on September 29, Robinhood chain token platform Pons announced the upcoming launch of a social trading feature. The feature will rival FOMO and will include real-time on-chain trading activity, wallet tracking with instant alerts, verified profit-and-loss records, a trader leaderboard, and expansion to Solana via Pumpfun.

According to Reuters, on September 28, Florida Attorney General James Uthmeier requested a judge to ban OpenAI from developing new artificial intelligence models without external oversight. The motion is part of Florida's lawsuit alleging OpenAI harms children. Uthmeier also requested the court order OpenAI to prohibit minors from using ChatGPT and ban the company from attributing human characteristics to the chat platform. Florida filed the lawsuit in June, alleging OpenAI misrepresented ChatGP

According to TradingBeats, on September 29, ZEC dropped 12.1% to $1,388.4 in 24 hours, with the lowest point touching $1,379. Despite the decline, major long positions remain uncleared. Approximately $20.09 million in aggregate large holdings face liquidation lines concentrated near $1,358–$1,359, leaving roughly $20 of downside buffer before execution.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) spot price fell to 120,750 yuan/ton in early trading today, down 1,000 yuan/ton from yesterday's 4:30 PM close.

At the Ethereum Korea One: Genesis conference in Seoul on September 28, Ethereum co-founder Joseph Lubin identified regulatory uncertainty and institutional preparedness as the main barriers preventing Korean institutions from adopting Ethereum. Lubin stated that institutional readiness, regulatory clarity, and technological maturity must all be addressed for institutional adoption to succeed in South Korea.

According to Quad Asset Management, the activist fund sent a second shareholder letter to South Korean shipbuilding parts manufacturer Daeyoung Electronics on Sept 29, demanding the company execute 300 billion won in share buybacks and cancellations over three years and raise its dividend payout ratio to 30%. The fund also proposed setting a minimum dividend of 500 won per share and targeting a price-to-book ratio of 1.5x. Quad cited Daeyoung's undervaluation—currently trading at 0.6x PBR despit