Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
08:14
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Korean Defense Companies Expand Partnerships as Europe Rearms

According to Dol Investment Securities analyst Choi Kwang-sik, Korean defense companies are increasingly becoming integral partners within European Union defense systems as Europe pursues rearmament following the Russia-Ukraine war. Recent collaborations include Rheinmetall partnering with LIG Defense and Aerospace on an air defense joint venture, and Hanwha Aerospace teaming with Lockheed Martin UK on an advanced drone system. The partnerships reflect EU defense contractors' need to address sho
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08:14
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South Korea Approves 25 International Routes; Jeju Air Gains 11 Weekly China Flights

According to Yugin Investment Securities analyst Yang Seung-yun, on September 16, South Korea's Ministry of Land, Infrastructure and Transport approved distribution of 25 international airline routes to 10 domestic carriers, with low-cost carriers (LCCs) positioned to benefit significantly. Jeju Air emerged as the primary beneficiary, securing 11 weekly frequencies on inbound-Incheon China routes, including 7 weekly flights on the Incheon-Beijing route. The airline currently operates 25 weekly I
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08:11
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Bitcoin Long-Term Holders' Realized Profit Falls to 72% From 350% Peak in December 2024

According to ChainCatcher, analyst Darkfost reported that Bitcoin long-term holders (LTH) currently have a realized profit level of approximately 72%, significantly lower than the market high of nearly 350% achieved in December 2024. Darkfost noted that while LTH remain profitable, the current level resembles conditions from the previous bear market cycle, suggesting most long-term holders are likely to continue holding rather than take large-scale profits at this stage.
BTC-0.57%
08:09
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SpaceX Stock Rises 0.4% as Musk Announces 660,000 Nvidia GB300 Chips for Colossus 2 by Year-End

According to Musk on X, SpaceX (SPCX) stock climbed 0.4% in premarket trading on Friday as the company unveiled plans to add up to 660,000 Nvidia GB300 chips to Colossus 2, its AI supercomputer, by year-end. Colossus 2 currently holds 110,000 GB200 chips and 440,000 GB300 chips; Musk expects three incoming waves of 220,000 GB300 chips each—next week, November, and potentially late December if production stays on schedule. Google is set to launch its first Project Suncatcher prototype satellite n
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08:08
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167,000 Bitcoin Options and 789,000 Ethereum Options Set to Expire, Greeks.live Reports

According to Greeks.live analyst Adam on X, 167,000 Bitcoin options and 789,000 Ethereum options are set to expire, representing 32% of Bitcoin options open interest and 40% of Ethereum options open interest. Bitcoin options have a put-to-call ratio of 0.87 with a max pain point of $79,000, while Ethereum options show a put-to-call ratio of 0.67 with a max pain point of $2,380.
08:04
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CNEX Funding Sentiment Index Falls to 46 on Sept 25, Down 1 Point

According to Jin10 Futures, on Sept 25 at 16:00, China's CNEX market-wide funding sentiment index fell 1 point to 46. The index for large banks, mid-size banks, and non-bank institutions dropped to 43, 46, and 48 respectively, each down 1 point. The index ranges from 0–100, with 50 as equilibrium and readings above 50 indicating tight funding conditions.
08:02
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Federal Reserve Releases Two Payment Stablecoin Regulatory Proposals Under GENIUS Act

On September 24, the Federal Reserve released two regulatory proposals for payment stablecoins under the GENIUS Act, establishing reserve, capital and risk-management requirements for supervised issuers. The first proposal requires payment stablecoins to be fully backed by permitted reserve assets, including short-term U.S. Treasury bills and high-quality liquid assets, maintaining at least one-for-one reserve coverage. The second establishes procedures for Board-supervised insured banks to appl
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08:02
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Meritz Securities Gets Approval for Short-Term Financing, Becomes 9th Domestic Operator on September 23

According to the Financial Services Commission, Meritz Securities received approval for short-term financing operations on September 23, becoming the ninth domestic operator in South Korea's promissory note market. The approval brings the total number of operators from four to nine in less than a year, intensifying competition among securities firms for limited customer deposits. Meritz will now be able to issue promissory notes—short-term financial products with maturities of one year or less t
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07:52
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QNT Hits $95 on 27% Single-Day Surge as Quant Partners with The Clearing House

According to Quant Network, this week QNT jumped 27% to approximately $95, making it the best-performing major digital asset in a single 24-hour window, following a partnership announcement with The Clearing House, which handles over $2 trillion in daily US banking transaction volume. Quant will serve as the interoperability framework for a tokenized deposits network involving 25 major American banks, with the system targeted to launch in the first half of 2027. Trading volume for QNT derivative
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QNT41.82%
07:51
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U.S.-China Trade Ceasefire Extended Two Months Following Trump-Xi Summit in Washington

According to an ING report released on September 25, the U.S.-China trade ceasefire originally set to expire in November was extended by two months following a meeting between President Donald Trump and Chinese President Xi Jinping in Washington on September 24. ING noted that the extension eliminates the risk of tariffs spiking before year-end and allows the agreement to remain intact during sensitive periods including the U.S. midterm elections and Christmas. However, the bank observed that th
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07:50
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Japan's Nikkei 225 Closes Up 1.30%, AI and Semiconductor Stocks Drive Gains

According to Nikkei newspaper, Japan's stock market closed higher today with the Nikkei 225 index rising 1.30%, or 850.21 points, to 66,364.20. The TOPIX index gained 1.31% to 4,128.59, while the JPX Nikkei 400 index climbed 1.09% to 36,992.73. Buying pressure on artificial intelligence and semiconductor stocks led the advance, with Tokyo Electron, Advantest, and Ibiden among the top gainers.
07:49
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Oracle Japan Jumps 7% on Record Q1 Results; Net Sales Rise 13% to 74.9B Yen

According to CNBC, Oracle Japan rose 7% on September 25 after reporting record fiscal first-quarter results for the June to August period. Net sales increased 13% to 74.9 billion yen (US$473 million), while operating profit grew 22.7% to 25.9 billion yen (US$164 million). Net profit climbed 23.2% to 18.3 billion yen (US$115 million). Cloud revenue surged 31.7% to 25.1 billion yen (US$159 million), raising cloud's share of total sales to 33.6% from 28.8%.
07:45
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European Stocks Rally, Oil Falls on Hormuz Strait Reopening Hopes on Sept 25

According to Jin10, on September 25, European stocks rallied as crude oil prices fell amid market expectations that the Hormuz Strait could soon reopen. Bond yields stabilized, supporting the advance. The banking sector led gains, with UBS up 2.5% following reports the Swiss lender is considering a merger with a foreign bank. The STOIC 600 index remains about 3% below its August record high.