Gate Crypto Flash News and Market Updates

According to Coinglass data, if Bitcoin breaks above $87,687, cumulative short liquidations across major CEX would reach $1.371 billion.

According to Onchain Lens data reported by ChainCatcher, Grayscale Chainlink ETF purchased 159,500 LINK from Coinbase Prime five hours ago on September 30, worth $2.36 million. The ETF has accumulated purchases of at least 629,100 LINK throughout September, valued at $8.37 million.

According to Bybit's announcement on September 28, Bybit and Franklin Templeton launched an off-exchange collateral program allowing eligible institutional clients to use tokenized money-market fund shares as collateral while trading on Bybit. Rather than depositing assets directly onto the exchange, participants can hold qualifying tokenized fund shares through supported custody and pledge them against trading activity, enabling collateral to remain in regulated custody and continue generating

According to Yahoo Finance, Apple's new CEO John Ternus is reportedly planning layoffs across major teams while canceling certain projects, as the company grapples with soaring memory chip costs. The move comes as former CEO Tim Cook cited supply constraints, describing current memory prices as a "once-in-a-century flood" rising exponentially. Tech expert Rohan Paul noted that cost pressures stem from two directions: memory shortages driving up component prices, and a quarterly services revenue

According to Bloomberg, the U.S. Securities and Exchange Commission filed lawsuits against Cryptoaiml Ltd. and TSAI Pro Ltd., alleging the platforms used false artificial intelligence-driven stock trading schemes to defraud hundreds of retail investors. The entities falsely claimed regulatory oversight and misappropriated cryptocurrency and fiat funds, transferring assets to overseas accounts. Investor losses exceeded $15 million.

Balancer announced on September 30 that the community has voted to approve the BIP-928 orderly liquidation proposal, while the competing fork proposal BIP-929 did not pass. The protocol's liquidity pools will operate normally until October 30, after which they will shift to withdrawal-only mode with the bug bounty program ending simultaneously. The V3 vault is expected to pause on November 30. Since the smart contract uses non-custodial mechanisms, liquidity providers can withdraw funds at any t

According to Reuters, EliseAI raised $350 million on September 30 at a $4 billion valuation in a funding round led by Andreessen Horowitz and Bessemer Venture Partners. Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital also participated. The New York-based AI startup, which automates administrative work for housing and healthcare systems, plans to use the capital to expand engineering, deployment, and sales teams, and establish San Francisco as a second engineering hub along

According to Yonhapinfomax, on September 30, South Korea's four major financial groups initiated formal procedures to select new leaders for their subsidiary banks, whose terms expire on December 31. The Financial Supervisory Service has instructed the groups to prioritize merit-based selection and ensure transparency in the appointment process, signaling potential executive changes at a scale not seen before. The five bank chiefs in question—leading institutions including Kookmin Bank, Shinhan

According to Yonhapinfomax, on September 30, KB Financial Group, Woori Financial Group, and Hana Financial Group initiated committee procedures to select CEOs and bank presidents for their subsidiaries. The move comes as the terms of the five major Korean bank presidents—KB National Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank—all expire on December 31.

According to ChainCatcher, Papertrade.xyz announced that its perpetual futures trading platform built on Hyperliquid technology will launch on October 10, 2026.

According to Shinhan Investment Securities on September 30, the South Korean stock market will likely move within a target band of 6,500 to 8,300 in the fourth quarter, based on a 12-month forward earnings per share (EPS) of 1,314 points and a fair price-to-earnings ratio (PER) of 8.42 times with a 75% confidence level. Lab Research Director Noh Dong-gil noted that the third quarter's market decline resulted from multiple contraction rather than earnings deterioration. The U.S. Federal Reserve's

According to Shinhan Investment Securities' forecast released on September 30, South Korea's KOSPI is expected to trade between 6,500 and 8,300 in the fourth quarter, with corporate earnings supporting the floor and U.S. real interest rates capping the ceiling. Analyst Roh Dong-gil attributed the third quarter's 0.27% decline to valuation multiple compression rather than earnings deterioration. The firm applied a 12-month forward EPS of 1,314 points with an adjusted P/E ratio of 8.42 times and a

On September 29, U.S. crude oil prices fell sharply amid easing Middle East supply concerns. WTI crude futures for November delivery dropped 3.48% to $89.38 per barrel, marking the lowest level since August 31. Meanwhile, U.S. bond markets showed diverging moves. The 10-year Treasury yield rose 1.60 basis points to 5.256%, while the 30-year yield climbed 3.20 basis points to 5.594%, reaching its highest level since June 2002. U.S. equity markets closed slightly lower, with the Dow Jones falling

According to Yonhap Infomax, Kakao's board of directors opposed Kakao Mobility's U.S. American depositary receipt (ADR) listing on Sept 22, stating that the current structure would not provide sufficient economic benefits to Kakao and its minority shareholders. The board cited risks including NAV (net asset value) discount expansion and lack of direct capital inflow to the parent company. The decision contrasts with Solidigm, SK Hynix's U.S. subsidiary, which is pursuing a potential IPO where th

According to Yonhap Infomax, Solidigm, the memory chip and SSD unit spun from SK Hynix's $9 billion acquisition of Intel's NAND business, is planning a Nasdaq IPO as early as next year, with valuation reaching up to $150 billion and expected IPO size around $15 billion. The company is conducting competitive bidding among investment banks for IPO underwriting. Solidigm's business value has surged amid booming demand for high-capacity enterprise SSDs driven by generative AI and data center expansi

According to Yonhapinfomax, on September 9, 14 members of South Korea's National Assembly, led by Democratic Party Rep. Ahn Do-geol, submitted a revision to the Capital Markets Act requiring parent companies to obtain special shareholder approval before subsidiary listings on overseas exchanges such as Nasdaq. Under current regulations implemented in August, parent company boards must fulfill five obligations when subsidiaries list domestically, but overseas listings face no mandatory shareholde

According to Foresight News, Bitget PoolX launched a BTC staking program on September 29, offering users 12.37% APR. The program runs through October 4, with individual staking capped at 50 BTC.

According to Money Today, Samsung Electronics and SK Hynix rose on the morning of September 30, climbing 1.1% to 275,500 won and 2.38% to 1,807,000 won respectively, boosted by gains in U.S. semiconductor stocks overnight, including Micron, Broadcom, and TSMC.

South Korean defense technology company Duksan Nepcore jumped 85.27% on September 30, its first day of trading on KOSDAQ. The stock opened at 27,050 won, compared to its initial public offering price of 14,600 won as of 9:12 a.m. local time. Founded in 2012, Duksan Nepcore specializes in satellite navigation and anti-jamming systems, offering comprehensive solutions across navigation technology sectors. The listing marks the first exception under South Korea's financial authorities' duplicate li

According to Hana Securities Quant Team on Sept. 30, U.S. stock markets are expected to consolidate in the fourth quarter following November's midterm elections, with a stronger rebound anticipated in the first half of 2027. Analysis of six midterm election cycles since 2000 shows the S&P 500 typically rises 3.6% on average in the election year's fourth quarter, but the team projects modest performance given the index has already gained 14% year-to-date. If the ruling Republican Party experience