Gate Crypto Flash News and Market Updates

On September 29, WTI crude oil for November delivery fell to $89.38 per barrel, down 3.48%, marking its lowest level in approximately one month, according to NYSE trading data. Brent crude declined 2.56% to $102.59. The price decline was driven by reports that Saudi Arabia has resumed oil exports through the Red Sea via the Yanbu port, bypassing concerns over the Strait of Hormuz amid U.S.-Iran mediation talks. Reuters reported that Saudi Aramco notified customers of loading schedules through Ya

According to Anthropic's Claude AI, on September 29, 2026, XRP faces bearish targets of $0.10-$0.25, with an extreme downside scenario reaching $0.05 by early 2027. The prediction assumes a full-blown crypto bull market fails and is coupled with major regulatory action against XRP in the U.S. and other key jurisdictions, alongside a significant security failure on the XRP Ledger. XRP currently trades near $1.50-$1.52. The outlook contrasts with other AI models, such as Grok AI, which has predict

The White House issued an executive order on AI reorganization today, with President Trump announcing that Jay Clayton, the National Intelligence Director, would be the appropriate choice to lead the new AI office.

Cboe Global Markets and S&P Dow Jones Indices renewed their exclusive licensing agreement through 2051 on Monday, signaling plans to explore tokenized options contracts on blockchain. The tokenization effort remains exploratory and would create a separate product distinct from current SPX options trading. SPX options reached a record 970.6 million contracts in 2025. Cboe shares rose more than 6% following the announcement.

According to Newsis, Nvidia expanded its share repurchase authorization by $150 billion on September 28, bringing total buyback capacity to $235 billion. The move reflects confidence in AI chip revenue generation and cash flow. South Korea's semiconductor exports surged 259.4% year-over-year in early September, reaching $34.128 billion and driving overall export growth. The country's total exports for September 1–20 reached $71.4 billion, up 78.3% from the prior year. Micron's earnings and forwa

According to News1, Samsung Electronics and SK Hynix are set to report record third-quarter operating profits on September 30, with combined consensus estimates reaching approximately 200 trillion KRW. Samsung's Q3 operating profit consensus stands at 110.3 trillion KRW, a 23% increase from the previous quarter and 806% higher than the same period last year, marking the first time the company will exceed 100 trillion KRW in quarterly earnings. SK Hynix's Q3 operating profit consensus is estimate

According to ChainCatcher, Elon Musk predicted Starship will achieve a launch frequency of once per week or once every two weeks in 2027.

Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan, who heads a $300 billion sovereign wealth fund, is directing investments into port infrastructure outside the Strait of Hormuz as part of the emirate's strategy to reduce reliance on the strategic waterway and counter Iran's influence over the chokepoint. The initiative aims to channel tens of billions of dollars into new port facilities, reducing dependency on the strait for trade and commodity flows. The effort aligns with broader reg

According to the Financial Investment Association, individual comprehensive asset management accounts (ISA) in South Korea exceeded 10 million registered users as of late August 2026, with account balances reaching 76.5 trillion won ($57 billion USD equivalent). The accounts accumulated 2 million new registrations in just 7 months since January, averaging nearly 10,000 new users daily. Younger investors dominated the growth, with those aged 20–30 comprising 41.1% of total registrations. Investme

According to Capital Market Research Institute, as of September 29, 11 of 59 KOSDAQ-listed companies under management designation met profitability criteria despite falling short of market price requirements. The data showed that among 60 firms designated for management status due to market capitalization below 20 billion Korean won or share prices below 1,000 won from July through September, 59 had verifiable financial records. Of these, 52 firms (88.1%) had no capital impairment, and 11 compan

According to the Capital Market Research Institute, on Sept 29, 60 KOSDAQ-listed companies were designated for management monitoring due to market capitalization and stock price shortfalls. Among them, 11 companies (18.6%) met profitability criteria including revenue growth, positive operating profit, and positive operating cash flow. Seven of these companies also turned from operating losses in the first half of 2025 to profitability this year. The KOSDAQ index closed at 849.80, up 3.22 points

According to the Korea Exchange on September 30, Shinra SG has delayed its KONEX transfer application, which was originally scheduled for submission on September 28. The company, which faced delisting due to a market capitalization shortfall below the 20 billion won threshold, is the first company to pursue a transfer to KONEX under new exemption rules allowing qualifying delisted firms to switch markets without going through liquidation trading. The Korea Exchange stated that the delay is due t

On Tuesday (Sept 29), offshore Chinese yuan (CNH) traded at 6.7080 against the U.S. dollar, up 47 pips from Monday's close. The currency traded within a range of 6.7129–6.7037 during the session, extending gains for a second consecutive day.

According to reports, Boeing shares closed at $184.39 on Monday, September 28, down 6.9%, after the Federal Aviation Administration delayed certification of the 737 MAX 10 over a newly identified software issue. The software fault involves flight-guidance systems that can fail to provide automated guidance when pilots abort an initial approach and enter a new flight path, known as a go-around scenario. The timing amplified market concerns because Boeing CEO Kelly Ortberg had stated only 12 days

According to the Financial Supervisory Service released on September 30, South Korean corporate equity and bond issuance declined sharply in August due to seasonal factors and high-interest-rate headwinds. Stock public offering issuance fell 10.375 trillion Korean won (69.5%) month-over-month to 454.9 billion won, partly due to base effects from Hanwha Q CELLS' large capital raise in July. Corporate bond issuance dropped 8.9 trillion won (36.1%) to 15.8 trillion won, with financial bonds decreas

According to data submitted by lawmaker Min Byeong-deok to South Korea's National Assembly, the Industrial Bank of Korea (IBK) supplied only 886 billion won to venture and startup companies in 2025, down 53.7 percent from 1.91 trillion won in 2021. The funding represented just 0.98 percent of the bank's total 90.55 trillion won in lending last year. Meanwhile, IBK's funding to large conglomerates surged to 22.88 trillion won in 2025, up 6.81 trillion won (17.7 percent) from 2021. Top 10 conglome

According to investment banking sources, French environmental firm Veolia is conducting due diligence to acquire SK Eco Plant's full stake in Malaysia-based waste management company Sembcorp Malaysia on September 29. SK Eco Plant holds 30% of Sembcorp, with Malaysia's sovereign wealth fund Khazanah holding 70%. The company's enterprise value is estimated at 800-900 billion Korean won. Upon completion, SK Eco Plant is expected to secure approximately 200 billion won in cash. SK Eco Plant acquired

According to Korea Exchange data released on September 29, Samsung Electronics' share buyback program reached 87.3% completion, having executed 13.1 trillion Korean won of its 15 trillion won plan. SK Hynix's buyback reached 75% completion of its 40 trillion won allocation. Both programs are expected to conclude in early October, with Samsung completing within 3-4 trading days at current pace and SK Hynix within approximately 10 trading days. Over the past month (August 28-September 28), these b

On Tuesday, Sept 29, spot gold rose 1.57% to close at $4,179.95 per ounce in New York afternoon trading, extending gains throughout the Asia-Pacific session and briefly touching a daily high above $4,180.

According to Bitwise research director Ryan Rasmussen, during Bitcoin's decline from $125,000 to $60,000, major institutions including sovereign wealth funds, pension funds, and endowments have not sold their Bitcoin holdings; many have increased positions instead. Sovereign wealth funds are actively divesting gold to acquire Bitcoin. Major institutions have allocated 2% to 8% of portfolios to Bitcoin—Wells Fargo holds 2% to 3%, while Fidelity and BlackRock suggest 2% to 8% allocations. Bitcoin