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
16:22
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Bitcoin Dips Below $84K on Wednesday as US PMI Hits 58.4, Strongest Since July 2021

Bitcoin fell below $84,000 on Wednesday after rallying above $87,000 in recent days. BTC/USD briefly touched $83,878, though prices varied across exchanges and other feeds remained above $84,000. The pullback coincided with a surprisingly strong US business activity report, with the flash composite purchasing managers' index rising to 58.4 in September from 56.0 in August, marking the strongest reading since July 2021. According to Farside Investors data, spot Bitcoin ETFs had taken in $714.7 mi
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BTC-2.79%
16:13
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Serenity Positions in South Korean Small-Cap Semiconductor Firms, Eyes AI-Driven Growth

According to BlockBeats, Serenity announced on September 24 that it has begun positioning in multiple South Korean small-cap semiconductor firms valued between $30 million and $250 million. These companies supply memory chips, test equipment, machinery, and optical components to Micron Technology, SK Hynix, Samsung, and U.S. enterprises. Serenity identified several of these firms as benefiting from AI-driven demand with businesses at inflection points, spanning optical components, CPUs, memory,
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16:02
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Bitcoin Cash Surges 30% After CME Announces BCH Futures Launch on Oct. 19

According to CME Group, Bitcoin Cash surged as much as 30% this week after the exchange announced it will launch Bitcoin Cash and Uniswap futures on Oct. 19, pending regulatory review. BCH briefly touched $358 before cooling into Wednesday's session. Grayscale added momentum by filing to convert its Bitcoin Cash Trust into a spot ETF for NYSE Arca listing. Bitcoin SV gained roughly 20% in sympathy, extending its climb toward $21—an annual high. Bitcoin itself slipped back toward $84,000 on Wedne
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BCH4.61%
BTC-2.79%
16:01
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U.S. Treasury Yield Curve Flattens to 22 Basis Points, Inversion Risks Rise as Fed Rate Hike Bets Intensify

According to Janney Montgomery Scott chief strategist Guy LeBas, the U.S. Treasury yield curve flattened sharply on Tuesday (September 22), with the gap between 2-year and 10-year yields narrowing to just 22 basis points, down from about 75 basis points in February. LeBas predicted the curve is likely to either invert further or widen, with inversion becoming increasingly probable. Oil price surges and renewed inflation concerns have led traders to expect the Federal Reserve to launch its second
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16:01
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LayerZero (ZRO) Rises 11.31% to $1.41; SPX6900 (SPX) Falls 12.56% Today

According to CoinMarketCap, LayerZero (ZRO) led top 100 cryptocurrencies by market cap with a 11.31% gain to $1.41 today. Raydium (RAY) and Lighter (LIT) followed with gains of 11.06% and 9.81%, respectively. On the downside, SPX6900 (SPX) declined 12.56% to $0.4579, while Pepe (PEPE) and OFFICIAL TRUMP (TRUMP) fell 10.29% and 9.60%, respectively.
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ZRO12.46%
SPX-12.61%
RAY11.66%
LIT10.08%
PEPE-9.77%
16:01
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Huang Licheng's $4M Profit Wiped Out, Now $100K Underwater, Aggressively Adds ETH and HYPE Longs

According to BlockBeats citing TradingBeats monitoring, on September 23, trader Huang Licheng's address saw a previous $4 million unrealized profit completely erased, now showing a $100,000 loss as the crypto market faced a sharp pullback. The trader aggressively added long positions in ETH and HYPE while trimming Bitcoin longs. Current positions include 25x leverage on 37,500 ETH with a $44,000 unrealized gain, 40x leverage on 125 BTC with a $45,000 unrealized gain, and 10x leverage on 213,000
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15:58
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USD/JPY Climbs to 157.904 Yen on September 23 as Dollar Strengthens

According to Yonhap Infomax, the USD/JPY exchange rate climbed to 157.904 yen on September 23 at 8:57 AM ET, up 0.309% from the previous close. The rate had approached 158 yen again amid thin liquidity due to Japanese holidays and rising U.S. Treasury yields, which gained for a second consecutive day. Strengthening U.S. dollar reflected broad dollar index gains of 0.35% to 100.900 as international crude oil prices and U.S. Treasury yields both rose. The Bank of Japan had raised rates last week b
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15:55
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Apyx Postpones APYX TGE, Increases Season 2 Airdrop Allocation from 6% to 9%

According to PANews, on September 23, Apyx announced a postponement of its APYX token generation event (TGE) originally scheduled for October 13, with a new date to be announced later. The Season 2 airdrop allocation has been increased from 6% to 9%. Apyx cited recent significant drawdown in STRC that exposed previously unconsidered volatility risks in its digital credit assets. Although on-chain net asset value (NAV) disclosure, minting, and redemption mechanisms operated normally, pressure tes
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15:55
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Uruguayan National Arrested on Money Laundering Charges, $4M in Crypto Seized

According to the Los Angeles Times, Sebastián Enrique Marset Cabrera, a 35-year-old Uruguayan, was arrested in March 2026 and is facing federal charges of money laundering, high-seas cocaine smuggling, and narco-terrorism as the alleged leader of the Primer Cartel Uruguayo. The DEA reported that approximately $4 million in cryptocurrency was found on devices seized after his arrest. Marset is currently jailed in Alexandria, Virginia, where he is disputing all charges.
15:53
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Trump's Peace Commission Announces $24.5B Gaza Recovery Plan

Trump's Peace Commission announced a $24.5 billion Gaza recovery plan on Wednesday at a briefing in New York. The funds have been pledged for 66 projects over six months, including temporary housing, debris removal, and infrastructure repairs such as hospitals. The announcement comes nearly one year after Israel and Hamas reached a ceasefire agreement ending the two-year conflict.
15:52
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Arbitrum Founder House to Showcase Agentic Finance Innovations in Singapore, Oct 23-25

According to Arbitrum's official announcement, the Founder House event will take place October 23-25 in Singapore, spotlighting innovations in agentic finance and AI-driven projects. The initiative provides mentorship and feedback opportunities for teams exploring new ideas in tokenization, AI, and programmable finance within the DeFi ecosystem.
ARB2.79%
15:51
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U.S. Treasury Expands Debt Buyback to $6 Billion on Thursday, Triple August's Limit

According to ChainCatcher, the U.S. Treasury announced it will repurchase up to $6 billion in longer-term government bonds on Thursday, triple the $2 billion limit announced in early August. Intraday, 30-year Treasury yields rose to 5.38%. Treasury Secretary Bessent defended the intervention, stating market prices had deviated from equilibrium levels. The International Institute of Finance cautioned the measure would not address structural debt growth issues.
15:46
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Italy's Senate Passes Sustainable Nuclear Authorization Bill Today

Italy's Senate passed a "Sustainable Nuclear Energy" authorization bill on September 23, paving the way for nuclear power revival. The bill, previously approved by the Chamber of Deputies in June, authorizes the government to establish a comprehensive legal framework for the nuclear sector, including developing a national sustainable nuclear plan, regulating new facility construction and operation, managing decommissioning, and overseeing radioactive waste and spent fuel management.