Gate Crypto Flash News and Market Updates

According to BlockBeats, Solana-based meme coin Super Inu (SI) hit a new all-time high market capitalization of $12 million today (September 24), currently trading at $8.1 million with a 24-hour surge of 120%. Trading volume reached $10.2 million during the period, according to GMGN market data.

The Trump administration is considering a plan to promote dollar-backed stablecoins overseas through joint ventures with private companies, involving the Treasury Department, State Department and U.S. International Development Finance Corporation, according to FinanceFeeds. The initiative aims to expand U.S. currency influence and increase foreign demand for Treasury securities. Stablecoin cross-border flows reached $220.3 billion over the 12 months through June 2026, up 77.5% from the prior per

According to Jin10, on Thursday (September 24), Senator Sheldon Whitehouse, a key Democratic negotiator, stated that long-pending permitting reform legislation aimed at accelerating approvals for large energy and infrastructure projects may fail to reach a vote before the election. The proposed permitting reform, a priority agenda item for President Trump, has stalled for years without consensus. The legislation would benefit the oil and gas industry by streamlining federal project approval time

According to ChainCatcher, crypto exchange Bitget has recently moved institutional client collateral to Sygnum Protect, the custody solution offered by Swiss digital asset bank Sygnum. The collateral is held in segregated accounts at Sygnum and simultaneously mapped back to Bitget for trading, reducing counterparty risk. Sygnum, which holds a Swiss FINMA banking license, allows clients to keep collateral in bankruptcy-remote accounts while trading on major crypto exchanges. Bitget joins Binance,

According to Iran's Foreign Ministry, Iran's foreign minister met with Pakistan's foreign minister and briefed him on the latest developments regarding a bilateral agreement with Oman on safe shipping routes through the Strait of Hormuz. The discussion also covered ongoing interactions facilitated by Qatar between Iran and the United States. Iran's foreign minister noted U.S. violations of previous accords while acknowledging Pakistan's constructive mediation efforts.

According to Sky News, Lebanon's Prime Minister is meeting with Iran's President in New York.

According to Payy Network, its Ethereum bridge contract was compromised, resulting in the theft of approximately $1.8 million USDC. The platform has suspended all transactions, including deposits, withdrawals, transfers, and card transactions. Payy Network has notified law enforcement and is collaborating with multiple incident response teams to investigate the attack.

According to CoinMarketCap, among the top 100 cryptocurrencies by market cap today, Ondo (ONDO) led gains with a 22.93% increase to $0.5102, followed by Litecoin (LTC) up 21.42% at $73.13, and Ethereum Classic (ETC) up 14.01% at $10.12. On the downside, Pons (PONS) was the largest decliner, falling 7.28% to $0.6285, trailed by Pieverse (PIEVERSE) down 5.53% at $1.62 and Pump.fun (PUMP) down 5.35% at $0.003848.

According to Israeli officials, Israeli Prime Minister Benjamin Netanyahu arrived in New York on September 24 to address the 81st UN General Assembly. Netanyahu is scheduled to stay in the city for less than 8 hours before returning to Israel, a notably shorter visit compared to his week-long trip to the U.S. last September. The Prime Minister's Office stated Netanyahu will meet with nine foreign leaders, five of whom are from Latin American countries.

According to Stargate Finance's official X account, the platform recently launched new swap features offering deeper liquidity and improved pricing. The upgrades support stablecoin-to-stablecoin and stablecoin-to-token swaps across Arbitrum, Ethereum, Solana, Hyperliquid, Base, and Polygon, enabling users to execute cross-chain asset transfers with better rates.

On September 24 morning, Chinese President Xi Jinping held small-scale talks with U.S. President Donald Trump at the Oval Office in the White House.

According to Jin10 data, India's Petroleum Minister Priyank Kharge stated on September 24 that India will not follow suit with export restrictions even if the U.S. implements a diesel export ban to ease domestic fuel price pressures. India has surpassed Russia this year to become the world's second-largest maritime diesel exporter, accounting for approximately 10 percent of global seaborne diesel exports, according to shipping data firm Kpler. Kharge emphasized that India's refining industry is

U.S. 10-year Treasury yields climbed to 5.1685% intraday on September 24, marking the highest level since July 2007. The yields rose 5.24 basis points to 5.166% from the previous close.

According to reports, Apollo Global Management has increased its loan to SoftBank to $9.2 billion to support the Japanese conglomerate's expanded investments in OpenAI. The financing is secured by assets from SoftBank's Vision Fund 2.

According to Guru Club, U.S. natural gas futures surged 6% on September 24, trading at $3.343 per million BTU.

The USD/JPY exchange rate broke above the 159 level today, gaining 0.45% intraday.

According to a New York Times interview on September 23, Nvidia CEO Jensen Huang said frontier AI laboratories must be shut down if they cannot contain their experiments safely. Huang cited potential civil and criminal liabilities as reasons, stating: "if they say there is no way to contain our experiments and it will damage the world, then we have to shut the labs down because the cost to humanity is too great." However, Huang dismissed calls for new AI regulation, arguing existing laws and reg

The U.S. Treasury held auctions on September 24 for short-term debt securities. The 4-week bill auction resulted in a high yield of 3.850% with a bid-to-cover ratio of 2.61, while the 8-week bill auction achieved a yield of 3.990% with a bid-to-cover ratio of 2.76.

European stock indices declined today. The STOXX 600 index fell 0.56% to close at 636.33 points, while the STOXX 50 index dropped 0.44% to 6,272.39 points. The FTSE Eurofirst 300 index also declined, closing down 0.51% at 2,543.22 points.

Cosmos announced its recent membership in LF Decentralized Trust alongside 14 other new members. Co-CEO Barry Plunkett stated that the collaboration allows Cosmos to enhance its work in digital assets and interoperability within the blockchain community.