Gate Crypto Flash News and Market Updates

Binance introduced a 24/7 perpetual futures contract for USD/BRL on September 21 at 14:00 UTC, offering up to 100x leverage and USDT settlement. The USDBRLUSDT contract will calculate funding payments every eight hours with a funding rate capped at plus or minus 0.375%. During standard forex trading hours (Sunday 5 p.m. ET through Friday 5 p.m. ET), the contract index will use weighted averages from third-party data providers. During weekends and public holidays when institutional forex markets

According to OKX market data, OKB broke above $122 intraday on September 19, trading at $122.13 with gains exceeding 5.5% over the day.

According to Odaily, B.AI announced on September 19 that its platform has officially surpassed 2.7 million registered users. The growth from 2.6 million marks continued momentum driven by optimization of model supply and pricing mechanisms, as well as expanded Agent capabilities enabling payment, collaboration, and value creation.

According to China Earthquake Networks Center, a 4.2 magnitude earthquake struck near Sheduotang County in Nagqu, Tibet on September 19 at 8:19 PM (local time). The epicenter was located at coordinates 32.03°N, 89.29°E. The measurement is based on automatic detection, with final results pending official confirmation.

According to on-chain analyst ZachXBT, the zkSNARKs NFT project issued recently on the Zcash blockchain has drawn scam allegations. The project raised approximately $17 million through a blind auction format that allocated 8,000 NFTs at a clearing price of 1.5 ZEC (about $2,190 each), generating total transaction volume of 25,305 ZEC (approximately $36.94 million) with refunds of 13,309 ZEC (approximately $19.43 million) returned to participants. ZachXBT noted the project imposed a 10% team allo

According to Jin10, ECB Governing Council member Stournaras warned on September 19 of upside inflation risks but cautioned against hasty policy action. He noted that while second-round effects through wages have not yet emerged, such a situation cannot be taken for granted. "We are seeing persistent supply-side shocks and strong demand factors from fiscal expansion and AI investment momentum. We must remain vigilant," Stournaras said. With the next policy decision over a month away, Stournaras s

According to analyst Ali Charts, XRP network whales accumulated approximately 1.54 billion XRP (roughly $2 billion) over the past 96 hours as of September 19. Large holders have significantly increased activity on the network, signaling notable accumulation pressure.

According to Science Daily, researchers at Huazhong Agricultural University's cotton team led by Professor Wang Maojun published a study on September 16 in the journal Cell. The research, for the first time, identified three-dimensional chromosome spatial structure as a novel target for cotton variety improvement, addressing a long-standing theoretical and technical gap in cotton breeding.

According to ChainCatcher, on September 19, venture capitalist Jason Calacanis published a bitcoin obituary while Bitcoin surged to $80,000, comparing the asset to CDs in the Spotify era and DVDs in the Netflix era. Calacanis claimed Bitcoin lacks innovation in trading and smart contracts, with poor user experience, and argued that "if Bitcoin were to achieve mass adoption and important use cases, it would have done so already." He also joked that Bitcoin advocates have transformed from "pirates

According to Jin10 on September 19, France's 2027 budget draft will comply with EU recommendations despite the country's debt-to-GDP ratio rising above 120%. France's budget ministry said net primary expenditure growth is expected at 0.7%, below the EU Commission's 1.2% recommendation. The government announced earlier this week that this year's fiscal deficit is projected to rise to 5.4% of GDP, overshooting the original target of 5%. France's debt-to-GDP ratio is forecast to climb from 119.3% i

On Friday, California Governor Gavin Newsom issued an executive order to establish a panel of experts tasked with developing an AI safety guide and strengthening state regulations. The order includes consideration of an AI kill switch mechanism. The move comes as policymakers debate emergency shutdown protocols for advanced AI systems, though a similar proposal in the U.S. Senate was rejected earlier this week.

According to ChainCatcher, Monument Bank, a UK-based challenger bank with approximately $2.4 billion in assets, plans to tokenize up to £250 million (around $335 million) of retail customer deposits on the Midnight privacy blockchain. The deposits will retain interest, remain fully backed by the bank, and be exchangeable at 1:1 with British pounds. They are also protected under the UK's Financial Services Compensation Scheme. The bank will use zero-knowledge proofs to protect customer data and m

According to ChainCatcher, Robinhood Chain's fee revenue plummeted 97% from its peak, though trading volume remained in the tens of millions range, suggesting sustained on-chain activity despite the sharp decline in fee collection.

According to Business Insider, Bastion received conditional OCC approval for a national trust bank charter on Friday. Licensed as Bastion Platforms National Trust Company, the entity will provide stablecoin custody and wallets, payment infrastructure and white-label issuance from a federally regulated platform. The bank structure does not permit deposits or lending, distinguishing it from conventional commercial banks.

According to BlockBeats, analyst PlanB posted on September 19 that Bitcoin has broken above its 50-week moving average (around $79,000), with the next target being the 100-week moving average (approximately $89,000). PlanB highlighted improving technical indicators, noting that the percentage of profitable Bitcoin holdings rose from 50% to 72%, while monthly RSI increased from 41 to 51.

Recently, Unit 2 of the Jintan Salt Cavern Compressed Air Energy Storage project in Jiangsu Province, China, completed its full startup, according to China Three Gorges Electric Corporation. The facility is the world's largest in single-unit capacity, total capacity, and overall efficiency. Each of the two planned 350-megawatt units will store energy for 8 hours with over 70% energy conversion efficiency. Once operational, the project's core equipment will be 100% domestically manufactured.

According to China's Commerce Ministry on September 19, China opposes the U.S. signing of the 2026 Graham Act targeting Russia and Iran, stating it lacks United Nations authorization and international legal basis. The ministry rejected unilateral sanctions and secondary sanctions targeting third parties, emphasizing that China conducts normal trade cooperation on equal and mutually beneficial terms. The Commerce Ministry spokesperson said China will closely monitor further U.S. actions and reser

According to Coinglass data cited by ChainCatcher, Ethereum's total open interest across all exchanges increased 5.15% over the past 24 hours to $34.679 billion.

According to CNN citing U.S. officials, the U.S. Department of Defense reported on September 18 that military costs for the Iran war reached $45.1 billion, comprising $43.6 billion as of September 3 plus $1.5 billion in additional fuel expenses. However, the estimate does not include reconstruction costs for damaged military facilities and infrastructure, suggesting actual expenditures are higher. The figure also exceeds the Congressional Budget Office's August estimate of $38 billion.