Gate Crypto Flash News and Market Updates

This week, 11 tokens will undergo major unlocks between September 21-26. XPL will unlock on September 25, releasing $157 million worth of tokens representing 63.20% of its circulating supply, marking the largest single unlock of the period. Other significant unlocks include RIVER ($23.89M, 37.50% on Sept 21), STBL ($7.4M, 77.79% on Sept 26), and H ($19.38M, 7.34% on Sept 25). Additional tokens scheduled for release include ID, MBG, SOON, AERO, SOSO, and BIGTIME, with unlock values ranging from $

According to ChainCatcher, TSMC's N2 process entered mass production on September 21, marking the industry's transition from FinFET to GAA (Gate-All-Around) technology. The nanosheet-based N2 achieves 10-15% performance improvement compared to N3E at identical power consumption, or reduces power by 25-30% at the same speed, with chip density increased by over 15%. The advancement drives higher demand across equipment, CMP consumables, wafer reclamation, and advanced materials throughout TSMC's s

According to Nikkei, Japan's financial markets closed on September 21 for Respect for the Aged Day. Earlier this month, the Bank of Japan (BOJ) conducted a "rate check" with major market participants on September 18, inquiring about current tradable foreign exchange levels—a step typically viewed as a precursor to potential intervention. The move comes as Japan observes a extended holiday (Silver Week) from September 19 to 23. Meanwhile, the Nikkei 225 index closed the previous week at 65,018.95

On its Kosdaq debut today (September 21), Neosapiens surged 207% to 30,700 Korean won from its 10,000 won IPO price, posting strong opening-day gains. The AI voice synthesis company reached a peak of 30,700 won in early trading, reflecting extraordinary investor demand. During the institutional bookbuilding phase, the company recorded a 220-to-1 oversubscription ratio, with public subscription demand hitting 1,047.78-to-1.

According to Yonhapinfomax, on September 21, South Korea's Financial Services Commission plans to hold consultations with banks by month-end to promote differentiated long-term fixed-rate mortgage products. As of July, fixed-rate mortgages accounted for 31.9% of new housing loans, down 5.8 percentage points from June and marking the lowest share in 11 months. The regulator aims to provide incentives for early product launches and encourage bank-specific product development rather than imposing u

According to ChainCatcher, Apple is reportedly developing an enterprise-grade AI server equipped with 2 to 4 unreleased M8 Ultra processors, targeting AI developers, large enterprises, and government agencies. The edge data center is primarily designed for AI inference and may adopt NVLink technology. Supply chain sources indicate Apple entered this business after Mac systems became widely used as personal AI workstations, with Mac revenue growing nearly 30% in the recent quarter. Apple has been

According to Guru Club, WTI crude oil fell below $95 per barrel today (September 21), declining 1.13% intraday.

According to CryptoSlate, Russia's central bank on September 21 proposed a draft regulation requiring commercial banks to limit their cryptocurrency and related digital asset exposure to no more than 1% of their own capital. The regulation covers direct holdings, derivatives, loans, and bonds linked to crypto or foreign digital tools. The draft is set to be formally released in the fourth quarter of 2026, taking effect 10 days after publication, with banks required to begin reporting compliance

According to CoinGecko, Bitcoin recovered to $81,309 on the morning of September 21, following a brief dip to the $75,000 support level. The recovery comes despite recent headwinds: the U.S. Senate failed to pass the Clarity Act via procedural vote, and the Federal Reserve raised its benchmark rate by 0.25 percentage points. According to CoinDesk, approximately $570 million in long positions were liquidated immediately after the Senate vote, though Bitcoin's spot price rebounded relatively quick

Tomato System's stock hit daily limit up on September 21 after its U.S. insurance subsidiary MCP Texas received final approval from the Centers for Medicare and Medicaid Services (CMS). The KOSDAQ-listed company's shares rose 588 won, or 29.97%, to 2,550 won as of 9:31 a.m. local time. MCP Texas, a subsidiary of MedCare Partners in which Tomato System holds a 5% stake acquired in October 2025, obtained CMS approval on September 11 to operate its insurance plans. The subsidiary plans to begin enr

According to Financial News, generative AI company Neosapiens surged 188% on its first trading day on South Korea's KOSDAQ market on September 21. The stock opened at 25,250 won (152.5% above its 10,000 won IPO price) and traded at 28,800 won as of 9:16 a.m., approaching triple the offer price. Intraday highs reached 30,700 won, a 207% gain from IPO pricing. The company raised 20 billion won (200 million shares) through retail demand of 1,047.78 times subscription ratio.

According to Qichacha, Shanghai-based Moqi Intelligence recently added Hangzhou Haoyue Enterprise Management as a shareholder, with the company's registered capital rising to 1.5 million yuan (approximately $224,000). Hangzhou Haoyue has been described as Alibaba-affiliated. The filing reflects growing interest from Alibaba in China's embodied AI robotics sector amid a wider financing boom in the industry.

According to China Foreign Exchange Trade System (CFETS), on September 18, the Chinese yuan exchange rate index rose 1.05 points on a weekly basis to 102.54.

According to Nikkei, as of September 18, Toyota held the top market capitalization spot at 44.1 trillion yen, followed closely by Mitsubishi UFJ Financial Group (42.9 trillion yen), SoftBank Group (36 trillion yen), and Kioxia Holdings (29.9 trillion yen). Since June, these four companies have taken turns leading Japan's stock market, marking the first time in the history of such rankings since 1980 that four firms competed for the top position within a single year. The volatility reflects struc

According to Daishin Securities report today (September 21), Doosan announced the simultaneous execution of a major treasury stock buyback and significant expansion investment in its electronics division. The company will cancel 2.57 million treasury shares, representing 12.18% of total outstanding shares, with execution scheduled for October 2. Additionally, Doosan plans to invest 968.4 billion won (421 billion won domestically and 547.4 billion won in its Chinese subsidiary) in electronics bus

On September 21, Orm Therapeutics' stock fell to the daily price limit down (down 29.95% to 26,200 Korean Won) after Bristol Myers Squibb announced it had halted development of BMS-986497, a candidate treatment for acute myeloid leukemia. The halt triggered termination of the 2023 asset acquisition agreement worth $180 million, causing Orm to forfeit the $80 million milestone payment. Orm retains the $100 million upfront payment already received and ownership of the asset; BMS-986497 will not be

According to Jin10 Futures, as of 8:30 a.m. Beijing time on September 21, spot platinum declined 0.04% while spot palladium gained 0.19%.

According to Korea Exchange, Neosapiens surged 195% to 29,500 KRW on its first trading day on KOSDAQ on September 21, from an IPO price of 10,000 KRW; intraday peak reached 30,700 KRW (up 207%). The AI voice synthesis company, founded in 2017, operates TypeCast, which converts text into AI-generated speech and virtual characters for content creation. TypeCast has accumulated 3.2 million users and over 2,000 corporate clients, gaining recognition for its regional Korean dialect voice synthesis wi

According to Money Today, Samsung Electronics rose 3.26% to 269,000 won on September 21, while SK Hynix gained 0.11% to 1.859 million won, as investors shifted capital into semiconductor and AI-related stocks despite rising global interest rates. U.S. 10-year Treasury yields broke through 5% on September 18, prompting risk-averse trading. However, technology stocks surged on expectations that chipmakers will maintain strong profitability even amid rate increases. Nvidia CEO Jensen Huang boosted

According to Newsis, Eugene Investment Securities and Bitoz, a blockchain technology firm, signed a memorandum of understanding on Sept 21 to validate structures for settling tokenized security subscription payments using stablecoins. The two companies will jointly explore stablecoin applications across securities operations and conduct proof-of-concept testing for stablecoin-based settlement in tokenized security subscriptions. Currently, tokenized securities record ownership and rights changes