Gate Crypto Flash News and Market Updates

Tsinghua University's School of Economics and Management will hold its Advisory Board meeting on October 13-14 in Beijing, the 27th annual session since the board's inception. Jensen Huang, founder and CEO of Nvidia, and Lisa Su, chairman and CEO of AMD, are among three new board members appointed this year. Marc Pictet, senior managing partner of Pictet Group in Switzerland, is also joining as a new member.

According to K33 Research, Bitcoin open interest across CME and perpetual contracts declined by 49,000 BTC in the past 7 days, marking the largest single-week drop since October 2025. Research head Vetle Lunde noted that unlike previous major deleveraging episodes accompanied by forced liquidations, the current reduction reflects mainly active profit-taking. Market volatility remains subdued with funding rates continuing to decline, indicating more rational market sentiment overall.

According to The Atlantic, Trump has expressed support for sanctions relief for Russia in exchange for prisoner releases. He has maintained this position for several months.

According to Bitget, WTI crude oil touched $90 per barrel today (Sept 29), declining 2.25% intraday. Brent crude oil fell below $96 per barrel, down 2.42% for the day.

According to Zhuan Yu Entertainment Culture (01046), the entertainment company posted net loss attributable to shareholders of HK$10.938M for the fiscal year ended June 30, 2026, down 82.69% year-over-year. Total revenue fell 74.59% to HK$120M. Loss per share was HK$0.0121. The improvement in profitability was primarily driven by a reduction of approximately HK$69.1M in impairment losses on film copyrights and films in production compared to the prior year.

According to Hong Kong Exchanges and Clearing data, on September 28, 2026, Li Cheng Hui, through a controlled corporation, increased his holding in Asia Pacific Resources (01104) by 200,000 shares at HK$2.085 per share, totaling HK$417,000. Following the transaction, his total shareholding reached approximately 751 million shares, representing a 50.19% stake.

According to Hong Kong Stock Exchange data, on September 24, Kuok Hui Kwong increased her holdings in Shangri-La Asia (00069) by 182,000 shares at HK$3.8876 per share, with a total transaction value of approximately HK$707,500. Following the increase, her total shareholding reached approximately 102 million shares, representing a 2.84% stake in the company.

According to Lookonchain, a wallet associated with BIT.com (Matrixport) transferred 1,000 BTC valued at $83.94 million to Binance in the past hour.

Spot palladium prices climbed 2.00% intraday to $1,233.01 per ounce as of September 29.

WTI crude oil fell to $90 per barrel today, down 2.25% intraday, while Brent crude slipped below $96 per barrel with a 2.42% daily decline.

According to Arkham, Tether minted $494.6 million worth of Tether Gold (XAUT) in its latest issuance, marking the latest deployment of its gold-backed stablecoin.

According to BlockBeats, HyperCore transferred 447,824 HYPE tokens to the liquid staking protocol Kinetiq today, valued at approximately $39.56 million, according to on-chain data.

According to China's National Climate Center on September 29, the ongoing El Niño downturn year will trigger continued climate disruptions through cross-seasonal effects. The center warned that winter may see severe, isolated cold waves affecting heating demand in northern regions, while summer 2027 could face widespread high temperatures and heat waves, potentially straining air conditioning loads and peak electricity demand. The center also cautioned that El Niño impacts on regional precipitat

According to CCTV, French President Emmanuel Macron and his wife arrived in Spain on September 29 for a state visit scheduled to last two days. This marks Macron's first state visit to Spain during his presidency. During the visit, Macron will meet with Spanish King Felipe VI and Prime Minister Pedro Sánchez.

According to JPYC, the stablecoin issuer has begun sending refund operation instructions to users affected by abnormal deposits on its EX platform since September 17. Affected transactions include unscheduled deposits, incorrect deposit amounts, and cancelled applications. The platform stated that transactions currently showing "under review" and other inquiries are being processed individually, with no completion timeline disclosed.

Beike stock surged over 6% earlier today in pre-market trading but then reversed course, closing down more than 2% as of the latest update on September 29.

Germany's Defense Ministry plans to order 16 A400M military transport aircraft from Airbus, with the total contract value reaching several billion euros, according to statements from the German Defense Minister. The A400M is a strategic airlift aircraft used by multiple NATO members for cargo and troop transport operations.

According to Zhitong Finance App, Hornet Corp (02033) reported a loss of HK$81.85 million attributable to shareholders for the fiscal year ended June 30, 2026, a 366.78% increase from the prior year. Revenue declined to HK$606 million, down 12.05% year-over-year.

According to Politico, Nvidia and AMD are pushing the Trump administration to pressure Congress into removing China-related chip export restrictions from the National Defense Authorization Act. The companies are specifically targeting provisions from the AI OVERWATCH Act and Chip Security Act, which would tighten oversight of advanced AI chip sales to China and require greater tracking of chip distribution. Nvidia CEO Jensen Huang is scheduled to participate in a White House AI meeting with Pres

According to Foresight News, Citibank has expanded its tokenization service to Japan and the United Arab Emirates, offering round-the-clock operations. Customers with accounts in these regions can now transfer funds between their own accounts or to existing Citibank tokenization service users without time or holiday restrictions, supporting liquidity, payments, and collateral needs. The service is now live in the U.S., Ireland, Hong Kong, Singapore, the UK, Japan, and the UAE.