Gate Crypto Flash News and Market Updates

According to Jin10, offshore CNH Hong Kong Interbank Offered Rates (HIBOR) rose across most tenors on Tuesday, Sept 29. The one-week HIBOR increased to 1.43788%, reaching its highest level since July 22. Overnight HIBOR rose 2 basis points to 1.38962%, marking a new high since Sept 18, while the two-week rate climbed to 1.46576%.

QNT surged 10.47% in the last hour, reaching $229.14 as trading activity spiked. Despite a 24-hour decline of 11.41%, the asset rebounded from $207.43 to $229.14, driven by heightened network engagement. Trading volume over the past 24 hours reached approximately $205.48 million, with the asset recording a 24-hour high of $237.38 and low of $206.24.

According to Odaily, Hyperliquid whale Boomer (X: solanadoomer1) closed long positions across 10 altcoins including ZEC, NEAR, UNI, HYPE, PUMP, ENA, AERO, ONDO, SKY, and PENGU this morning, with a combined notional value of $31.1 million. The liquidation resulted in a net loss of approximately $1.248 million, with only PUMP recording a small gain. Approximately five minutes after closing his ZEC long, Boomer initiated short positions in ZEC and NEAR totaling $9.707 million. His ZEC short holds 6

According to Yahoo Finance, Morgan Stanley strategists Mike Wilson and his team identified two warning signals in the U.S. stock market post-Jackson Hole. The proportion of S&P 500 components trading above their 200-day moving average has narrowed significantly from approximately 75% in summer 2026 to 49% currently, signaling weakening market breadth despite the index remaining near record highs. Additionally, since June, about 51% of Russell 3000 index constituents have experienced drawdowns of

According to Zhitong Finance, Chabaodao (02555) recently opened its first outlet in the Louvre's commercial corridor in Paris, becoming the first Chinese tea beverage brand to enter the luxury retail space. The outlet features two exclusive signature drinks: Lavender Blueberry and Cocoa Berry Trio. The company currently operates over 130 international franchise outlets, with 5 locations now established in France across key landmarks including the Louvre, Galeries Lafayette, and Paris Opera. Chab

According to Odaily, Spain confirmed that crypto assets held in self-hosted wallets do not require overseas asset declaration. Assets held at custodian institutions may still need reporting if their value exceeds €50,000; however, assets purchased and sold on foreign exchanges within the same calendar year are exempt from declaration.

According to Mohamed El-Erian, chief economic adviser at Allianz Group, on September 28, the U.S. risks repeating a 1980s-style policy combination by over-relying on Federal Reserve monetary tightening to combat inflation without meaningful fiscal consolidation. El-Erian said through X that as markets increasingly depend on the Fed to address price shocks, the overall U.S. policy mix increasingly resembles the early 1980s, when the Fed pursued aggressive rate hikes—the federal funds rate approac

According to Yonhapinfomax, on September 28, NVIDIA CEO Jensen Huang advised investors to hold and buy more NVIDIA stock, calling the company "quite inexpensive right now." Speaking at a Van Fleet Award ceremony in Manhattan, Huang emphasized that NVIDIA is uniquely positioned as both the world's largest company and one of the fastest-growing firms globally, making such rapid growth at this scale "unusual." Huang also stressed the critical importance of South Korean companies—including SK and Sa

According to Lookonchain monitoring data, whale 0xf562 offloaded 25,001 ZEC valued at $37.84 million on September 29. The tokens were acquired two months ago at an average price of $425, generating a profit of over $27 million.

According to Yonhapnews, the Global Web3 Developer Conference (GWDC 2026 Korea) opened on September 29 at aT Center in Seoul's Seocho District.

On Monday after-hours, AstraZeneca agreed to invest $2 billion in cancer-drug developer Summit Therapeutics by purchasing newly issued convertible preferred stock valued at $18.36 per common share, roughly 19% above the previous day's close. After conversion, AstraZeneca would hold rights equivalent to approximately 12% of Summit's outstanding common stock, with the deal expected to close by week's end. The investment does not include rights to Summit's lead experimental drug, ivonescimab. Howev

According to on-chain analyst monitoring, a new address 0xc64...fC770 accumulated 18.84 million ENA tokens for $4.91 million at an average entry price of $0.2607 today (Sept 29). ENA has surged 56% over the past month according to HTX.

According to the China Council for the Promotion of International Trade (CCPIT), in August 2026, the national trade promotion system approved preferential certificates of origin worth 28.06% more year-over-year. The system issued a total of 769,400 certificates of origin, ATA carnets, and commercial certificates, representing a 5.92% year-over-year increase. The announcement was made at a CCPIT press conference on September 29.

According to Foresight News, Arbitrum Foundation has launched a 12-month Arbitrum Security Program to support ecosystem project security. The program includes pre-audit AI-assisted screening, human audits, bug bounties, and support from the ArbitrumDAO Security Committee. The foundation allocated approximately $7.8 million at market prices, comprising 1.76 million USDC and 25 million ARB tokens, with $1.2 million designated for existing audit commitments and $6.6 million for new security initiat

According to Foresight News, Michael Mignano, a general partner at Union Square Ventures, launched Supertake, a platform that allows users to input investment theses in natural language. The system uses AI and trading agents to generate and automatically rebalance portfolios connected to existing brokerage accounts including Robinhood and Coinbase. Currently in closed beta and supporting only U.S.-listed stocks, Supertake plans to integrate crypto assets, derivatives, and prediction markets in t

According to Avalanche, Goldman Sachs has introduced its $100 billion Treasury bond fund FTIXX to Avalanche's permissioned chain Lynq. Lynq is a private permissioned layer-1 deployed on Avalanche and currently hosts over 30 institutional participants including B2C2, Wintermute, Galaxy, FalconX, and Fireblocks. Fund transactions will be processed by licensed broker tZERO Securities and are initially available only to qualified U.S. customers.

According to Jin10, China's gold jewelry prices fell approximately 30 yuan per gram today (Sept 29). Major brands saw declines, with Lao Fengxiang down 28 yuan per gram and Chow Sang Sang down 27 yuan per gram. Most brand prices have dipped below 1,250 yuan per gram.

According to Japan's Ministry of Foreign Affairs, the Japanese government decided on September 29 to partially lift asset freeze sanctions previously imposed on Syrian President Bashar al-Assad and related individuals, citing shifts in the international situation surrounding Syria and changes in Japan-Syria bilateral relations.

According to GMGN, Ethereum-based meme token ZC surged over 41x in a single day on Sept 29, briefly pushing its market cap to $20 million. The token was currently trading at $17.5 million with a trading volume of $6.6 million.