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.
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10:02
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China Journalists Association Hosts News Salon on China-U.S. Relations on September 22

According to Jin10, China Journalists Association hosted a news salon on September 22 in Beijing, featuring researchers Zhou Bo and Sun Chenghao from Tsinghua University's Center for Strategic and Security Studies. The experts discussed high-level exchanges and China-U.S. relations with domestic and international journalists, emphasizing that the bilateral relationship is the world's most important, affecting both nations' peoples and global interests. They expressed hope for enhanced dialogue,
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10:01
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Qwen Launches Personal Agent for 300M Users, Expands Platform to 20+ Sectors

According to Guru Club, Qwen announced today at the 2026 Cloud Summit the launch of its Personal Agent, leveraging the Agentic capabilities of the Qwen 3.8 series model to deliver personalized AI services to 300 million users. The platform now integrates personal health and fitness data, professional financial data, and institutional AI agents, with support for users to connect personal investment holdings. Qwen's open platform has expanded to cover more than 20 sectors, attracting over 1,000 pa
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09:57
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Korea Electric Power's 49 Trillion Won Debt Due in 2 Years, Amid 73 Trillion Won Investment Plan

According to Korea Exchange data, Korea Electric Power Corporation (KEPCO) faces 49.4 trillion won in maturing bonds over the next 2 years and 4 months—equivalent to 81.5% of its current outstanding debt of 60.62 trillion won—while simultaneously planning 73 trillion won in domestic power grid investments through 2038. The funding challenge intensifies after Samsung and SK Hynix declined to prepay 25 trillion won in electricity charges over five years, a proposal intended to ease KEPCO's capital
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09:56
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DS Asset Management's Kosdaq Active ETF Posts 18.18% Return, Outperforms Index by 17.02 Points in One Month

According to DS Asset Management on September 22, its DS Kosdaq Active ETF posted a one-month return of 18.18% as of September 21, outperforming the KODEX Kosdaq 150 index by 17.02 percentage points. The benchmark index returned only 1.16% over the same period. DS's active ETF significantly outperformed competing products, delivering higher returns than TIGER Kosdaq Active (12.70%), KoAct Kosdaq Active (10.74%), and MIDAS Kosdaq Active (9.35%). The fund, which launched on July 14, pursues outper
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09:56
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South Korea's Banks Withdraw 756.4 Billion Won in NPL Sales as Success Rates Fall Below 70%

According to South Korea's investment banking industry, 756.4 billion won worth of non-performing loan (NPL) sales were withdrawn during the third and fourth quarters, down from an initially planned 2.3 trillion won. The actual sale volume reached only 1.5565 trillion won, falling short of the prior-year period's approximately 1.8 trillion won. In the fourth quarter alone, the Industrial Bank of Korea and IBK Corporate Bank are preparing to auction over 750 billion won in additional NPL assets.
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09:52
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REX Shares Launches 2x Leveraged ASSX ETF on Strive Stock With 1.5% Expense Ratio

According to REX Shares and Tuttle Capital Management, the T-REX 2X Long ASST Daily Target ETF (ticker ASSX) launched on September 18 on Cboe, marking the first U.S. ETF offering 2x daily leveraged exposure to Strive's stock (ASST). The fund targets 200% of ASST's daily performance and carries a 1.5% total expense ratio, with Tuttle Capital Management serving as adviser and REX Shares as sponsor. Strive holds 25,000 Bitcoin as of September 11, after purchasing 469 BTC between September 8 and 11
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BTC1.89%
09:52
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xAI Ships Grok 4.7, Scores 46.3% on CursorBench; Token Consumption Doubles to 81,000

According to xAI, the company released Grok 4.7 on September 22, an upgraded AI model featuring improved coding and knowledge work capabilities, a new safety stack, and pricing maintained at $2 per million input tokens and $6 per million output tokens. Independent benchmarks from Artificial Analysis confirmed performance gains, with Grok 4.7 scoring 46 on the Intelligence Index and 1,657 Elo on the AA-Briefcase benchmark for multi-hour professional tasks. However, Artificial Analysis flagged a s
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09:52
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Hyperliquid Burns $3.76M HYPE in 24 Hours at $94.18 Average Price

According to Onchain Lens, Hyperliquid burned 39,980 HYPE tokens worth $3.76 million in the past 24 hours on September 22, with an average transaction price of $94.18. Since launch, the decentralized exchange has cumulatively burned 48.84 million HYPE tokens, representing 4.88% of maximum supply. The platform's HYPE has a current total value of $4.64 billion, and Hyperliquid has generated approximately $1.27 billion in cumulative protocol revenue.
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HYPE0.26%
09:51
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South Korea's One-Year FX Swap Points Rise to -11.80 Won on September 22

According to Yonhapinfomax, on September 22, one-year FX swap points in South Korea's foreign exchange market rose 0.10 won from the opening level to close at -11.80 won. Six-month maturity points closed at -5.10 won, while three-month points increased 0.05 won to -1.85 won. One-month maturity settled at -0.20 won, up 0.05 won from the opening.
09:50
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South Korea's Parking-Type ETFs Attract 1.8 Trillion Won in August Amid Rate Uncertainty

According to data from KOSCOM (Korea Exchange Computer), three parking-type exchange-traded funds (ETFs) attracted a combined 1.8352 trillion won in net inflows over the past month through September 21, ranking among the top 10 ETF inflows in South Korea. KODEX Money Market Active led with 1.1949 trillion won, followed by KODEX CD Rate Active (Synthetic) with 339.6 billion won and ACE Money Market Active with 300.7 billion won. Parking-type ETFs invest in short-term financial instruments and CD
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09:50
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South Korea's Parking-Type ETFs Attract 1.835 Trillion Won in One Month Amid Rate Uncertainty

According to Koscom data, over the past month through September 22, three parking-type ETFs in South Korea attracted 1.835 trillion won in net inflows. KODEX Money Market Active led the inflow rankings across all domestic ETFs with 1.1949 trillion won, approximately 1.9 times higher than the second-ranked TIGER U.S. S&P 500. Parking-type ETFs invest in short-term financial products and reflect deposit rates, offering lower price volatility than longer-duration bonds and the ability to earn yield
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09:47
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Qatar's PM Criticizes Israel for Failing to Honor Gaza Ceasefire Pledges on Sept 20

According to Qatar's Prime Minister Mohammed bin Abdulrahman Al Thani, on September 20 at the Qatar Economic Forum in New York, Israel has failed to honor its commitments under the Gaza ceasefire agreement. Al Thani noted that peace requires more than mediation or getting parties to the negotiating table—even when both sides celebrate reaching an accord, implementation often falls short, citing the Gaza situation as an example.