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
12:02
0

Anthropic Seeks $2 Trillion IPO Valuation, Implying About $1,221 Per Share

According to Reuters reporting on September 28-29, Anthropic seeks an IPO valuation of about $2 trillion, which translates to roughly $1,221 per share based on the May 2026 Series H round price of $589.01 and an implied share count of about 1.64 billion shares. The company confidentially filed a draft registration statement in June 2026, which Reuters reviewed. Anthropic's 2025 net loss was about $42 billion, with roughly $34 billion comprising an accounting charge on convertible financing rathe
More
12:02
0

Non-US ETFs See $45.62M Inflows in Week as U.S. 10-Year Yields Hit 19-Year High of 5.24%

According to Maeil Business Newspaper, investors shifted $45.62 million into non-US stock ETFs during the week of Sept 22-28 as U.S. 10-year Treasury yields hit 5.24%, marking a 19-year high. The yield surge has prompted portfolio rebalancing away from U.S. equities, particularly growth stocks with high debt levels and elevated valuations. Three major non-US ETFs—Vanguard Total International Stock ETF (VXUS), Vanguard FTSE All-World ex-U.S. ETF (VEU), and iShares MSCI ACWI ex U.S. ETF (ACWX)—led
More
12:01
0

Altcoin Deposits to Exchanges Surge 160% in Two Weeks, CryptoQuant Flags Potential Selling Pressure

According to CryptoQuant data shared by BlockBeats on September 30, altcoin deposits to exchanges surged 160% in two weeks, with the seven-day cumulative deposit count reaching 78,000 on September 28, up from approximately 29,800 on September 14. This marks the highest level since October 2025. The number of addresses depositing altcoins rose to 51,600 from roughly 17,600, nearly tripling and hitting a one-year high. CryptoQuant noted that such inflows across a broad range of assets typically si
More
11:57
0

China Polypropylene Inventory Falls 10k Tons on Sept 30, Spot Prices Rise 50-100 Yuan/Ton

According to Resin Information, China's polypropylene inventory fell by 10,000 tons to 650,000 tons as of September 30. PP2701 futures contracts retreated in overnight trading before recovering to hold gains, with prices oscillating higher during morning and afternoon sessions. Domestic spot prices climbed across major regions, with prices in East China, South China, Southwest, and Northwest regions rising 50-100 yuan per ton compared to previous day; mainstream prices ranged from 9,480 to 10,11
More
11:57
0

Medical Stocks Lead Hong Kong Market as AI Pharma Players Rally 5-17%

According to Zhitong research, medical and AI-powered pharmaceutical stocks led Hong Kong's market today (September 30), with multiple companies posting significant gains. Luokung Technology (02556) surged over 6%, while biotech firms including CanSino Biologics (06185) jumped over 17%, along with AI drug discovery platforms Insilico Medicine (03696), Antebiotics (07666), and BeiGene (06160) all rising more than 5-8%. The rally reflects investors rotating into healthcare as real estate and tech
More
11:56
0

Zhang Wenzhong Increases Stake in Dianshang Intelligence (02586) by 7.2M Shares at HK$8.46 Each

According to Hong Kong Exchange data, on September 29, Zhang Wenzhong increased his stake in Dianshang Intelligence (02586) by 7.2044 million shares at approximately HK$8.46 per share, with a total transaction value of about HK$60.94 million. Following the acquisition, Zhang Wenzhong's total shareholding rose to approximately 551 million shares, representing a 58.75% stake in the company.
More
11:52
0

CFTC Investigating Adam Kinzinger Over $823 in Kalshi Bets on His Own Pardon

According to Politico, the Commodity Futures Trading Commission is investigating former Republican Representative Adam Kinzinger over prediction market trades made through a Kalshi account linked to him in December 2024 and January 2025. Kinzinger bet on a contract covering whether he would personally receive a presidential pardon, as well as on whether President Biden would issue preemptive pardons before leaving office. Biden pardoned Kinzinger in January 2025 before his term ended. Kinzinger
More
11:52
0

Bitcoin Treasury Companies Can Collaborate to Develop Digital Credit Market, Says Saylor

According to PANews, on September 30, Strategy founder Michael Saylor stated that bitcoin treasury companies like Strategy and Strive, while competing for investor capital through separate securities offerings, are not purely zero-sum competitors. Saylor argued that more well-managed issuers entering the market can attract new capital, increase investor understanding of digital credit products, and improve liquidity, potentially lowering financing costs. He cited Strive's March purchase of $50 m
More
BTC-0.53%