Gate Crypto Flash News and Market Updates

According to Binance spot data, in the past 24 hours, INIT surged 24.75% and reached a bottom reversal state. Meanwhile, MARSCOIN plunged 11.71% and experienced a pullback from highs. INIT triggered today's lowest level with a 6.3% decline.

According to BlockBeats, Kevin Hassett, director of the National Economic Council, said on September 29 that the U.S. economy is still digesting the effects of pandemic-related fiscal stimulus from the Biden administration. Hassett stated the government aimed to fill the economic gap but subsequent spending exceeded actual needs, with Biden's continuation of emergency-level outlays directing funds to other areas contributing to inflationary pressures.

According to Anthropic's official status page, Claude.ai (including desktop and mobile apps), Claude Code, and Claude Cowork experienced elevated error rates on September 29. Some users encountered request failures, inability to load or send conversations, or were prompted to re-login. The company is investigating the issue and has not yet disclosed a repair timeline.

According to Guru Club, spot gold broke through $4,170 per ounce on September 29, rising 1.35% during the day.

According to Lookonchain, U.S. Bitcoin spot ETF saw net inflows of 511 BTC (approximately $42.99 million) today, with 7-day cumulative inflows of 15,196 BTC ($1.28 billion). Ethereum spot ETF recorded net inflows of 5,648 ETH (approximately $15.37 million) yesterday, with 7-day cumulative inflows of 168,733 ETH ($459 million).

According to Robinhood CEO Vlad Tenev, the SEC issued a no-action letter to Tesla today (September 29), clearing the way for the company's retail shareholder voting plan. Tenev stated that when millions of people hold shares in a public company, shareholders should have easier access to participate in voting.

According to Morgan Stanley Chief Economist Xing Ziqiang on September 29, the global macroeconomy has reached a critical turning point. The U.S. faces a policy predicament: fiscal dependency on debt, persistent inflation pressures, and geopolitical entanglement in technology regulation. Xing warned that diesel scarcity poses a "deadlier hidden risk" amid U.S.-Iran tensions, with global maritime diesel markets losing nearly 1.5 million barrels daily—equivalent to one-fifth of normal volumes. This

According to Zhi Tong Finance, Star Kai Holdings (01166) announced full-year results for the period ending June 30, 2026, on September 29. The company posted net profit attributable to shareholders of HK$82.928 million, returning to profitability from a loss year-over-year. Revenue for the year was HK$438 million, declining 24.39% year-over-year. Earnings per share stood at HK$0.632.

China Securities International (00943) reported its annual results for the fiscal year ended June 30, 2026. The group's total revenue decreased 39.96% to 76.426 million HKD, while shareholders' attributable loss narrowed 41.04% to 86.496 million HKD, with basic loss per share at 5.27 Hong Kong cents.

According to Guru Club, NetApp and Oracle announced on September 29 that they will launch a native OCI storage service. The collaboration aims to enhance storage capabilities within Oracle's Cloud Infrastructure platform.

According to an EU Commission spokesperson, the bloc currently has no plans to discuss renegotiating export quotas under the Deep and Comprehensive Free Trade Agreement (DCFTA) with Ukraine.

According to sources, OpenAI's annualized revenue has grown over 70% since early Q3 and now approaches $70 billion, with enterprise sales more than doubling since July. The company's B2B business revenue surged over 100% during the same period, while Q3 consumer business revenue exceeded the entirety of 2025's new revenue additions, according to Axios.

According to CoinDesk, no Democratic senators in the U.S. Senate voted in support of the Clarity Act last week, preventing the bill from advancing to the next procedural stage. The legislation aimed to establish regulatory rules for digital assets and reduce transaction costs for everyday trading in the United States.

According to CME Group, the Nasdaq CME Crypto Index (NCI) futures contract launched with nine crypto assets, with Bitcoin and Ethereum combined accounting for 86.29% of the basket as of September 1. The index is financially settled against the Nasdaq CME Crypto Settlement Price Index, meaning institutions can gain multi-asset exposure through a single CME-cleared contract rather than managing separate spot positions across nine wallets and custodians. The remaining seven assets, including Hyperl

According to ChainCatcher citing Gate market data, Oracle (ORCL.N) rose 5% intraday on September 29.

According to Spain's Statistics Institute, inflation accelerated to 5% year-over-year in September on Tuesday, surpassing analyst expectations of 4.9% and the prior month's 4.6%, marking the highest level since February 2023. The surge was driven primarily by sharp increases in fuel and tourism package prices. Core inflation, a gauge of underlying price pressures, also exceeded forecasts, reinforcing the case for further European Central Bank rate hikes.

On September 29, U.S. stock indices closed in mixed territory before falling in late morning trading, with oil prices declining. According to NYSE data, the Dow Jones Industrial Average dropped 85.74 points (0.17%) to 51,395.77; the S&P 500 fell 4.07 points (0.05%) to 7,679.62; and the Nasdaq declined 12.37 points (0.05%) to 26,808.01 as of 9:59 a.m. local time. U.S. Treasury yields remained elevated, with the 10-year yield rising 0.02 percentage points to 5.264% annually—near levels unseen sinc

According to ChainCatcher, citing sources with knowledge of the matter, OpenAI's enterprise sales have more than doubled since July, with annualized revenue run rate increasing over 70% since early Q3 2026 and now approaching $700 billion. The company's enterprise customer business revenue grew over 100%.

According to Yonhap Infomax, the U.S. Dollar Index (DXY) rose to 101.240 today (Sept 29), up 0.008% from the previous close of 101.219. The dollar gained support as interest rate differentials between the U.S. and major economies widened, with U.S. 10-year Treasury yields declining only 3 basis points compared to 5 basis points for German 10-year yields and 6 basis points for U.K. yields. Major currency pairs shifted against the dollar: the euro-dollar rate fell to 1.13565, the pound-dollar rate

According to Jin10, the 2026 Financial Street Forum Annual Meeting will be held from October 19 to 22 in Beijing Financial Street. Co-hosted by Beijing Municipality, the People's Bank of China, National Financial Supervision and Administration, China Securities Regulatory Commission, Xinhua News Agency, and State Administration of Foreign Exchange, the forum will focus on "openness, cooperation, and inclusivity to build a new ecosystem for global financial development" and bring together domesti