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.
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07:05
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China's National Energy Administration Calls for Expanded Energy Investment, Faster Project Construction

According to China's National Energy Administration, Wang Hongzhi, the administration's party chief and director, led a research delegation to Jilin Province on September 20-21 to investigate energy investment, winter power supply preparations, new-generation grid construction, and new fuel development. Wang emphasized the need to expand energy investment scale and accelerate major energy project implementation. He also called for advancing new-generation power grid development ahead of schedule
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07:03
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KOSDAQ Stock Split Glitch: Foreign Investor Holdings Incorrectly Displayed as Zero for Four Months

According to South Korea's Financial Supervisory Service, KOSDAQ-listed companies Jae Young Solutec and UDM Tech incorrectly displayed foreign investor holdings as zero shares for over four months following stock splits in April and May 2026. Jae Young Solutec halted trading on April 9 before a 5-to-1 consolidation, with foreign holdings recorded at 7.76 million shares (6.64%). After consolidation, holdings should have totaled approximately 1.55 million shares. However, on April 29—one day befor
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07:03
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Major European Stock Indices Open Higher on September 23; DAX 30 Up 0.45%

Major European stock indices opened higher on Wednesday, September 23. Germany's DAX 30 rose 0.45% to 25,716.34 points, while the UK's FTSE 100 gained 0.32% to 10,742.40 points. France's CAC 40 advanced 0.36% to 8,184.56 points. Europe's Stoxx 50 index climbed 0.46% to 6,353.80 points. Spain's IBEX 35 increased 0.36% to 19,863.27 points, and Italy's FTSE MIB rose 0.42% to 52,315.50 points.
07:03
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South Korea Mandates Disclosure of Appraised Land Values in Corporate Financial Statements from December 2026

South Korea's Financial Services Commission amended K-IFRS 1016 (Property, Plant and Equipment) on September 23, effective for year-end financial statements ending December 31, 2026. The amendment requires companies applying the cost model to land to mandatorily disclose appraised land values in financial statement footnotes, addressing the gap between historical book values and current market values. The measure applies to domestic land with publicly assessed values; revaluation-model land, inv
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07:02
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KB Securities' Wrap Product Fails to Redeem About 10 Accounts at 6% Target Return, Incurring 20% Losses

According to KB Securities and affected investors filing complaints with South Korea's Financial Supervisory Service, roughly 10 accounts in KB Securities' Cheslee advisory target-conversion wrap product reached the 6% target return on June 19 but were not redeemed for cash. As the market declined afterward, these accounts accumulated losses exceeding 20% by mid-July. Industry analysts attribute the issue to KB Securities' sequential selling method: the firm sold positions starting with high-ret
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07:02
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Firecrawl Completes $75M Series B on September 23, Launches Alexandria Data Platform for AI Agents

According to PANews, Firecrawl, a web data infrastructure company, completed a $75 million Series B funding round on September 23, led by Smash Capital. The company simultaneously launched Alexandria, a knowledge base platform for AI agents designed to provide unified access to real-time web data, official data providers, and specialized indexes. According to its official documentation, Alexandria integrates 82 data providers, 471 data capabilities, and over 113 million papers, READMEs, Issues,
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07:02
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Semiconductor Earnings Forecast Raised 113% for 2026, Valuation Premium Compresses to 17%

According to Bernstein's research report released on Sept 22, 2026, the SOX semiconductor index saw forward earnings for the year revised up 113%, while valuations were marked down approximately 18%. Semiconductor sales grew 144% year-over-year in June and 131% in July, with memory chip sales surging 452% in July and non-memory sales rising 35%. The semiconductor sector's valuation premium relative to the S&P 500 narrowed to approximately 17% from about 62% in the prior quarter.
07:01
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Russia Has 20 Million Crypto Users Holding $44B in Assets, Finance Deputy Reveals

According to Russia's Deputy Finance Minister Ivan Chebeskov, Russia has approximately 20 million cryptocurrency users, with citizens holding around $44 billion in crypto assets and related financial products. Daily trading volume is approximately $595 million. The government is advancing comprehensive regulation to clarify the responsibilities of service providers, intermediaries, and investors. Starting July 1, 2027, illegal crypto trading activities conducted by organizations will face crimin
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06:59
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U.S. Federal Reserve Officials Affirm Rate Tools Working Effectively on Sept 23; SNB Prepares for FX Intervention

According to Jin10 data on September 23, multiple U.S. Federal Reserve officials reaffirmed their policy stance. Fed Chair Collins stated that rate increases will help inflation return to target levels, while Vice Chair Williams confirmed that the central bank's rate control toolkit is operating smoothly and can be adjusted based on market dynamics. Treasury Deputy Secretary Brook announced continued refinement and expansion of the U.S. debt repurchase program. Meanwhile, the Swiss National Bank
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06:57
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U.S. Dollar Index Rises to 8-Week High as Fed Rate Hike Bets Hit 53% for October

According to Jin10 and LSEG data, the U.S. dollar index climbed to an 8-week high today (September 23), driven by market expectations of a potential Federal Reserve rate hike. Markets currently assess a 53% probability of a rate hike in October, with forecasts suggesting cumulative rate increases of 78 basis points by September 2027.
06:57
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Samsung Electronics Surges 3.25%, SK Hynix Climbs 1.20% on September 23 as AI Rally Lifts Seoul Chips

According to Yonhapnews, Samsung Electronics and SK Hynix closed up 3.25% and 1.20% respectively on September 23, with Samsung ending at 285,500 Korean won and SK Hynix at 1.862 million won. The gains were fueled by overnight strength in AI-related stocks on Wall Street, where the Philadelphia Semiconductor Index rose 2.06% on advances by Nvidia (0.66%) and Micron (5.00%). Market observers attributed the rally to declining international oil prices, lower Treasury yields, growing demand for serve
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06:55
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Jordan's Foreign Minister Warns Israel Will Continue Disrupting Peace Without Strong International Response

According to Jordan's Foreign Ministry, Deputy Prime Minister and Foreign Minister Ayman Safadi stated on September 23 that unless Israel faces effective international consequences, the country will continue pursuing policies that undermine peace opportunities. Safadi emphasized that Israel disregards international support for a "two-state solution" because its actions destabilizing the peace process have faced no accountability or deterrent measures. Safadi called for stronger, broader internat
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06:52
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Novo Nordisk Open to Replacing NYSE ADR with Direct Listing

According to Financial Times, Novo Nordisk CEO Mike Doustdar expressed openness to replacing its New York ADR with a direct listing on the NYSE, citing advantages similar to those seen in AstraZeneca's recent transition. However, the company is not currently engaged in active discussions on the matter.
06:50
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Korean Exchange Allows Market Cap-Deficient Companies to Transfer to KONEX on September 23

According to the Korean Exchange on September 23, new rules now allow companies delisted from KOSPI and KOSDAQ markets due to insufficient market capitalization to continue trading on the KONEX market. The regulation applies to companies meeting specific financial requirements, including those with positive operating income in at least two of the last three fiscal years, or operating income in at least one year with equity exceeding 20 billion won and no capital impairment. Delisted companies mu
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06:50
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Chapart Partners Disposes Entire 3% Stake in Refine via Tender Offer at 17,600 Won Per Share

According to investment banking industry sources, on September 16, Chapart Partners Asset Management disposed of its entire 3% stake in Refine through Realty Fine's tender offer at 17,600 won per share. This comes after Chapart Partners had publicly opposed the transaction in a shareholder letter on September 4, arguing the offer price was "significantly undervalued" relative to Refine's intrinsic value and criticizing the transaction structure as presenting "serious conflicts of interest." Desp
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