Gate Crypto Flash News and Market Updates

According to SolanaFloor, permissionless oracle and on-chain data infrastructure provider Switchboardxyz will cease operations on September 25, 2026. The project, which has been operational since 2021, is urging users to migrate to alternative oracle providers before the shutdown deadline.

According to Yonhapnews, U.S. stock indices posted divergent results last week as the Federal Reserve raised its benchmark rate by 25 basis points, signaling a hawkish shift. Nasdaq-100 climbed 0.72%, while the S&P 500 slipped 0.08% and the Dow Jones Industrial Average dropped 1.69%; the Philadelphia Semiconductor Index gained 1.59%. The coming week (Sept. 21-25) will focus on Fed commentary, escalating Middle East tensions, and the U.S.-China summit on Sept. 24. Houthi forces, backed by Iran, a

According to Yonhapinfomax on September 19, Korean airlines increased international flight fuel surcharges for October amid elevated crude oil prices. Brent oil traded at $104.82 per barrel as of September 18, holding above the $100 mark and pressuring the aviation sector's costs. Jeju Air raised surcharges by up to 14% on routes of 1,000 to 1,500 nautical miles, from $50 to $57, with increases ranging from 10.1% to 12.1% on other distance tiers. Trinity Air, Korean Air, and Asiana Airlines also

According to financial industry sources, the U.S. Federal Reserve raised its benchmark interest rate by 0.25% to 3.75%-4.00% on September 16, marking its first rate increase in over three years. The Fed's move widened the Korea-U.S. rate gap to 1.00 percentage point, with the South Korean central bank's policy rate currently at 3.00%. The KOSPI index rose 2.66% to 6,894.23 on September 18, driven by gains in semiconductor stocks. Samsung Electronics gained 3.37% to 261,000 won, while SK Hynix su

According to Newsis, pharmaceutical companies globally are rapidly integrating artificial intelligence into drug discovery processes. Novo Nordisk, maker of obesity treatment Ozempic, is collaborating with Anthropic to leverage its specialized AI platform Claude Science for accelerated drug development, following earlier partnerships with OpenAI and Amazon Web Services. SK Biopharm has secured 128 Nvidia Blackwell architecture B200 AI accelerators to build large-scale in-house computing infrastr

According to HyperliquidNews, ZEC1 went live with spot trading today (Sept 19), with the first transaction costing 500 HYPE valued at $46,500.

According to Bitcoin News, developer @DesobedienteTec released a working proof-of-concept of Sparrow Wallet running on a $40 handheld gaming device after porting SeedSigner to the platform. The device features dual microSD card slots, a camera, virtual keyboard, and emulators for Nintendo, SEGA, N64, PSP, and PS1 games.

According to Korean banking data, the won-dollar exchange rate surged 47.2 won in 7 trading days to 1,383.3 won on September 18, driven by the U.S. Federal Reserve's interest rate hike and rising Treasury yields. The Fed raised its benchmark rate by 25 basis points to 3.75%-4.00% on September 16, marking its first increase in roughly 3 years and 2 months. The intraday high reached 1,387.1 won, approaching the closely watched 1,400 won level. Analysts note that while higher U.S. rates and oil pri

According to News1, USD/KRW surged 47.2 won over seven consecutive trading days through September 18, reaching 1387.1 and its highest level since late August. The rally followed the Federal Reserve's first rate increase in approximately three years two months on September 16, lifting the benchmark rate to 3.75-4.00%, alongside rising U.S. Treasury yields and crude oil prices. Market participants remain split on whether the won will weaken further to breach the 1400 level by year-end. Some analys

According to Yonhap News, South Korea's short-term bond market faced continued upward pressure on September 18, despite a decline in crude oil prices. CD (Negotiable Certificates of Deposit) 91-day rates rose to 3.20%, while 3-year government bond yields reached 4.035% and 10-year yields settled at 4.466%. Market analysts expect the Bank of Korea to raise its benchmark rate again in November, combined with planned government bond issuances in October totaling at least 15 trillion won. Multiple s

According to F&Guide, a financial information provider, Regional District Heating is expected to top South Korean dividend yield rankings for 2026 with 8.69%, based on broker consensus as of September 17. The company's anticipated dividend per share (DPS) is projected at 6,520 won, up 363 won from 2025. Securities firms NH Investment & Securities and Samsung Securities follow closely with expected yields of 7.99% and 7.98%, respectively, buoyed by strong operating profit forecasts. In total, 29

According to CoinGlass data, Bitcoin held above $81,165 on Saturday after a 6% rally on Friday broke through the closely watched $80,000 level. Roughly $250 million in crypto short trades were liquidated over a four-hour period as the price surge triggered forced buying. Bitcoin now approaches $82,000 resistance, an area that has capped recovery attempts since May. The rally coincided with oil near $100 per barrel and a 30-year U.S. Treasury yield at 5.34%, reflecting macroeconomic crosscurrents

According to Onchain Lens, the address iseewhy.eth (0x8434...6577) completed 632 trades on Hyperliquid over the past 30 days with a total trading volume of $136 million, achieving an 82.86% win rate and generating $281,000 in profit. The address currently holds three short positions in ZEC, USELESS, and PONS, all of which are currently profitable.

According to ChainCatcher, a Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967732, currently valued at over $8 million. The wallet purchased the coins at $3.24 per BTC, costing approximately $324 total, representing an unrealized gain of roughly 2,469,000%. Additionally, four wallets created between February and March 2013 transferred a combined 100 BTC to cryptocurrency custody provider BitGo. Chain analysis indicates these bitcoins originated from 2013 block r

According to Korea Exchange data as of September 18, asset managers in South Korea increasingly shifted new ETF launches overseas, with overseas-focused funds accounting for 40.5% of new offerings in the second half of 2026, up from 27.2% in the first half—a 13.3 percentage point increase. Among 137 ETFs launched year-to-date, 32 were overseas-focused. The shift reflects a broader reallocation as the KOSPI has faced headwinds since late June, trading in the 6,000s for three consecutive months. A

According to Financial News, South Korea's KOSPI index reached an all-time high of 9,114.55 on June 22 before entering a sharp decline that has exceeded losses during the 1997 Asian financial crisis and the 2008 global financial crisis. The asset ownership rate for South Koreans in their 30s fell below 20% for the first time on record last year, while the wealth gap between the 30-year-old generation and the 50–60-year-old generation reached historic levels, according to data from South Korea's

According to News1, South Korea's KOSPI index rose 178.82 points (2.66%) to 6894.23 on September 18, with foreigners returning to net buying after eight consecutive trading days of net selling. Foreign investors purchased 426.2 billion Korean won worth of shares, with semiconductor stocks leading gains. SK Hynix surged 6.42% and Samsung Electronics rose 3.37%, marking foreigners' first net purchase of SK Hynix in seven trading days totaling 1.327 trillion Korean won. The index has shed only 0.23

According to market analysts, South Korea's stock market faces increased volatility ahead of the Chuseok holiday this week (September 21-23), with KOSPI holding near 6900 amid cautious investor positioning. Federal Reserve officials are scheduled to speak throughout the week, potentially influencing market reaction to future monetary policy. A U.S.-China summit on September 24 will address Iran, artificial intelligence, and trade issues, with outcomes drawing significant attention. Historically,

According to South Korea's financial investment industry, AI education platform Elice Group began IPO demand forecasting on September 23, scheduled to run through October 1. The company plans to offer 2.222 million shares at a price range of 70,400–90,500 Korean won per share, targeting fundraising of approximately 156.4–201.1 billion won. Based on the upper end of the price range, the estimated post-listing market capitalization is projected to reach 1 trillion won. Meanwhile, AI content creati

According to FnGuide, South Korea's active stock ETFs reached 14.1 trillion won in net assets as of September 16, marking a 2.6-fold increase from end-2025. The total number of active stock ETFs has grown to 88 from just 3 in December 2020, with the market expanding rapidly as investors seek active management strategies amid heightened market volatility.