Gate Crypto Flash News and Market Updates

According to EIA data, U.S. refined oil production declined to -68,000 barrels per day for the week ending September 18, compared to -121,000 barrels per day in the prior week.

Fuel oil main contract futures surged 4.00% intraday to 4,281.00 yuan per ton on September 23.

According to Coinglass data, the crypto market saw $225 million in liquidations over the past hour on September 23. Long positions accounted for $219 million of the total liquidations, while short positions accounted for $6.62 million. Ethereum (ETH) led individual asset liquidations at $59.87 million, followed by Bitcoin (BTC) at $57.49 million.

According to U.S. Secretary of State Rubio, Iran opened fire on commercial vessels this morning (September 23).

According to Lumentum in talks with Stifel at ECOC 2026 today, demand from Nvidia Spectrum-6 CPO for ultra-high-power (UHP) lasers has increased significantly, with supply remaining insufficient to meet demand. Lumentum also noted that multi-wavelength external lasers will boost average product pricing. Win Semiconductors is expanding continuous-wave (CW) laser capacity, with products expected to roll out in the second half of 2026, potentially contributing meaningful revenue in 2027 and 2028, a

According to CNBC on Wednesday, September 23, McDonald's CEO Chris Kempczinski predicted that flat customer traffic and persistent inflation will continue to weigh on the restaurant industry. The burger chain reported U.S. same-store sales growth of just 0.8% in its most recent quarter as domestic restaurant traffic fell. Kempczinski noted that beef costs have nearly doubled over the last five years in the company's biggest markets, while labor and construction expenses have also risen, pressuri

According to Sea Limited, on September 23, the Singapore-based consumer internet group became the first company in Southeast Asia to adopt Nvidia's Vera Rubin platform to enhance AI infrastructure and computing capacity across its three main businesses. Garena teams have created over 1,300 AI chatbots, workflows, and agents. Shopee's AI-generated content tools drove a 14% year-on-year improvement in purchase conversion rate in the first quarter. At Monee, Sea's digital finance business, recent u

According to Jin10, Iran's President Masoud Pezeshkian accused the U.S. and Israel of bombing a school in Minab, southern Iran, on February 28, killing at least 120 children and 26 teachers. Speaking at the United Nations General Assembly on September 23, Pezeshkian said, "The U.S. President calls us terrorists. But we are the victims of terrorism." He referenced the school attack, stating: "Look at these children—they died from bombs using weapons supplied by America and Israel. They are innoce

According to PANews, on September 23, Hack VC co-founder Alexander Pack confirmed the team's shock and grief over Hsin-Ju's death and extended condolences to family and close associates. Pack stated that Hack VC had not been in direct contact with Hsin-Ju for over 10 months and remains unclear on the circumstances of the passing, with no additional information available. He called for respect toward those grieving.

The U.S. Energy Information Administration (EIA) will release its weekly crude oil inventory report today at 22:30 Beijing time (September 23).

According to Bloomberg, as of Wednesday, traders placed a large position in November SOFR call options, betting the Federal Reserve will raise rates only once through year-end with a more dovish path than current swap market pricing suggests. The position, revealed by a U.S. trader, involves buying 15,000 SOFR November 2026 contracts at a 0.25 strike price for a call fly spread across 95.875/95.9375/96.00 levels. Current rate swap markets price approximately 37 basis points of combined hikes at

Iran's President Pezeshkian stated today that peaceful use of nuclear technology is part of the nation's development and progress. "We will not back down or abandon the rights that belong to us," he said.

The U.S. delegation left the United Nations General Assembly hall today as Iran's President Masoud Pezeshkian began his address.

According to ASIC's official statement, the Australian Securities and Investments Commission is strengthening safeguards for automated and AI-driven trading to align with international standards. The new rules will require market participants to test, monitor, and govern trading systems and algorithms. The measures take effect in 2028 following industry consultation.

At its 2026 autumn showcase, iQiyi CEO Gong Yu stated that AI is driving the entertainment industry into a positive cycle. Short-form content has experienced explosive growth thanks to AI technology, while long-form content is also gaining new opportunities. As production costs decline, the number of creators and content pieces has increased significantly. iQiyi plans to leverage AI to lower entry barriers in traditional entertainment, shorten production timelines, and explore new content format

According to Korea Exchange, South Korea's KOSPI market average daily trading volume in September reached approximately 21 trillion won, marking the lowest level for the year. This represents a more than 50% decline from June's peak of roughly 50 trillion won. Retail investors have been net sellers, unloading 1.6 trillion won on September 22 alone as the index recovered toward the 7,000 level. Analysts attribute the sustained sell-off to profit-taking and break-even selling by retail investors w

According to Jin10, Iran's President Masoud Pezeshkian has entered the United Nations General Assembly hall on September 23 to prepare for his address.

According to Guru Club, Guizhou Governor Li Bingjun convened an AI entrepreneur forum on September 23, announcing stronger and more targeted support policies. The province aims to leverage its advantages including stable power supply, leading computing infrastructure, and diverse application scenarios to boost enterprise innovation. Key initiatives include enhancing computing power coordination, opening public data and application scenarios across education, healthcare, and media sectors, and st

According to the State Development Bank, the bank's new policy-based financial tool has allocated 60.85 billion yuan in funds since September to support 153 projects with a combined investment value of 1.4 trillion yuan. All allocated funds are directed toward supplementing capital for private investment projects.

According to BlockBeats, Federal Reserve Governor Barr signaled on September 23 that further rate hikes may be needed to ensure timely return to the 2% inflation target, with the Fed in a disadvantageous position but having moved in the right direction. A Fed dot plot reinforced the hawkish message, with 16 of 18 officials expecting at least one additional rate hike through 2026, and 4 anticipating two hikes.