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
12:44
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Arc Mainnet Fees Hit $9,218 on Day 6, Down 96.7% From Launch Day

According to Dune data, Circle's Arc mainnet saw daily transaction fees fall to approximately $9,218 on its sixth day of operations, representing a 96.7% decline from day one. During the same period, competing chains recorded the following daily fees: Robinhood Chain at $312,000, Base at $139,000, Arbitrum at $22,300, and Sui at $11,500.
ARB-8.61%
SUI-0.29%
12:43
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Zhongsu Co. Surges 683% on IPO Day, Closes at 433 Yuan per Share

According to Jin10 Data, Zhongsu Co. listed on September 22, 2026, with the stock closing at 433.00 yuan per share, representing a surge of 683.29% on its first trading day. The company issued an announcement confirming it found no other material events that could significantly impact the stock price, and that no controlling shareholders, actual controllers, directors, or senior management engaged in stock trading during the period of abnormal volatility.
12:40
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CME to Launch Bitcoin Cash and Uniswap Futures on October 19

According to CME, the Chicago Mercantile Exchange plans to launch Bitcoin Cash (BCH) and Uniswap (UNI) futures on October 19, subject to regulatory approval. Both products will offer standard and micro contracts: BCH standard contracts of 250 units and micro contracts of 25 units, while UNI standard contracts contain 10,000 units and micro contracts 1,000 units.
12:32
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Rothschild & Co Redburn Initiates CoreWeave at Sell with $54 Target, 36.8% Below Monday Close

According to Rothschild & Co Redburn, the firm initiated coverage of CoreWeave (NASDAQ: CRWV) at Sell with a $54 price target on 21 September 2026, citing falling GPU rental prices, hyperscalers building captive fleets, and rising financing costs as pressures on neocloud economics. The $54 target sits 36.8% below CRWV's $85.43 Monday close and 44.8% below the $97.85 conversion price on the $3.7 billion of 2.875% convertible notes CoreWeave priced three days earlier. Despite the downgrade, CRWV r
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12:32
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GGD Launches Tokenized Physical Gold Ecosystem on BNB Chain with Three-Token Architecture on September 22

On September 22, GGD (Global Gold DAO) launched a tokenized physical gold real-world asset ecosystem on BNB Chain, introducing a three-token architecture (GGT, GGU, GGD) designed to link gold-referenced value to on-chain staking, minting and decentralized governance, according to MetaversePost. GGT, the primary gold token, represents 0.001 troy ounces of gold each and is currently backed by the CSOP Gold ETF (3030.HK), a Hong Kong-listed exchange-traded fund. GGU functions as a synthetic U.S. do
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12:32
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AI Infrastructure Supplier Accelevation Plans IPO at $5.37B Valuation, Targets $720M Raise

According to UAnalyze, AI infrastructure provider Accelevation (ACCV-US) announced on Tuesday, Sept 22 plans for a U.S. IPO seeking a maximum valuation of $5.37 billion. The Ohio-based company will issue 30 million shares at $20-$24 per share, targeting gross proceeds of up to $720 million. Morgan Stanley, J.P. Morgan, Goldman Sachs and BofA Securities are underwriting the offering.
12:31
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S&P 500 Hits Near Record High While Stock Decline Outnumber Advances—a Divergence Unseen This Century

According to SentimenTrader founder Jason Goepfert, on Monday (September 21), the S&P 500 rose over 1% and approached its 52-week high, but stocks hitting new lows outnumbered those hitting new highs—a divergence not seen this century. The last similar instance occurred on December 21, 1999, just months before the dot-com bubble peaked. The only other comparable divergence in U.S. stock market history happened on July 23, 1929. B. Riley Wealth Chief Market Strategist Art Hogan noted that the S&P
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12:31
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Saudi Arabia Airstrike on Yemen Prison Kills 9 Detainees, Houthis Report

According to Houthi officials and Xinhua, Saudi Arabia conducted an airstrike on a prison controlled by the Houthis in Yemen's Jawf Province on September 21, killing 9 detainees, the group announced on September 22. The prison, located in Hazm, held prisoners captured in recent fighting, according to Abdel-Qader Al-Murtada, a Houthi official responsible for prisoner affairs. Saudi Arabia has not responded to the allegations.
12:30
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Whale Sells 208,550 LINK Tokens Worth $2.7 Million

Gate News message, a whale identified as 🍆🍆🍆.art executed a large-scale transaction, selling 208,550 LINK tokens valued at approximately $2.70 million. The whale received around $2.68 million USDC through the 0x protocol within minutes of the transaction.
LINK-0.83%
12:26
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South Korea: Hospitals Disguise Low-Cost Treatments as ₩100,000 Services Following July Reform

Following South Korea's July implementation of managed-care requirements for manual therapy, insurance industry sources report cases where hospitals are billing robot-assisted treatments as costlier non-covered services. According to the insurance sector, one Seoul hospital charged a patient ₩100,000 for cryotherapy treatment after providing robot-assisted spinal traction therapy, which normally costs around ₩10,000. The robot system performs mechanical traction similar to conventional insurance
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