Gate Crypto Flash News and Market Updates

According to Financial News, Democratic Party lawmaker Min Byung-duk called today for expedited institutionalization of Korean won-based stablecoins and digital asset legislation to counter the rapid spread of dollar-denominated stablecoins. Speaking at Korea Blockchain Week 2026 in Seoul on September 30, Min emphasized that stablecoins are becoming critical payment infrastructure globally, referencing the U.S. GENIUS Act and growing adoption by major financial institutions like JPMorgan and Bla

According to the Korea Exchange (KRX), gold prices fell to 181,460 won per gram on September 30, down over 10% from 203,010 won on August 28 and marking the lowest level since September 26 last year. International spot gold traded around $4,180 per ounce as of September 29, down 6% from one month earlier. The decline follows expectations of further rate hikes by the U.S. Federal Reserve. Rising oil prices driven by geopolitical tensions, including potential U.S.-Iran conflict, have increased inf

According to The Elec, SK Hynix has recently expanded outsourcing of DRAM flip-chip packaging operations, adding WINPAC as a partner alongside existing contractors. WINPAC's P Campus facility has completed equipment setup and begun mass production of DDR4 and DDR5 DRAM modules. The company increased monthly production capacity from 44 million to 50 million units.

According to Goldman Sachs research dated September 28, 2026, the firm maintained a Neutral rating on Palantir with a 12-month price target of $204, representing 7.6% upside. Goldman Sachs cited Palantir's front-line deployment engineer (FDE) moat as deeper than expected, with approximately 97% of customers using AIP Evolve on typical three-year contracts. Customers typically expand deployments after 18 months. Goldman Sachs identified three vertical expansion directions: financial services, wit

According to BlockBeats, Omar Kanji officially joined alternative investment manager Brevan Howard today (September 30) as head of growth investing and portfolio manager for digital assets, based in New York. Kanji departed Dragonfly on September 1 after a four-year tenure.

According to UBS research dated September 28, the cybersecurity sector's weighted-average valuations reached historic highs, with enterprise value to forward free cash flow at 62x and EV-to-revenue at 15x, both exceeding COVID-era peaks. Outside of CrowdStrike, Fortinet, Palo Alto Networks, and Qualys, most vendors showed flat or declining revenue and billings growth in Q2, with Q3 guidance appearing tepid. The remaining cybersecurity stocks have gained an average of 62% since April 7.

According to Russell Investments senior strategist BeiChen Lin, the September U.S. nonfarm payroll report due Friday could shift market expectations for Federal Reserve policy depending on the employment data's strength. If the report comes in stronger than expected, Lin said it could be "temporarily bad news" for markets, as it may reinforce expectations for another rate increase this year. If job gains meet or fall short of expectations, the data would still demonstrate economic resilience but

According to CME data, on September 29, trading volumes in energy and precious metals fell while open interest expanded across the board. Gold trading volume declined to 171,622 contracts from the previous session, down 89,088 contracts, while open interest rose to 406,976 contracts, up 1,735 contracts. WTI crude oil trading volume fell to 941,287 contracts, down 78,856 contracts, with open interest reaching 1,878,308 contracts, up 23,475 contracts. Silver and copper also saw lower trading activ

According to Bloomberg and Counterpoint Research, Apple's first foldable iPhone, the iPhone Duo, is set to launch in October with estimated sales of approximately 6 million units this year. The device will be priced at $1,999 and positioned at the premium end of Apple's product lineup. Counterpoint Research senior analyst Ivan Lam noted that 6 million units represents a niche product scale compared to Apple's typical smartphone sales volumes. Additionally, Apple's iPhone 18 Pro series is showing

According to Cointelegraph, CFTC former commissioner Brian Quintenz said today at Korea Blockchain Week 2026 that the Clarity Act is not the only path to achieving regulatory certainty for cryptocurrency. The SEC and CFTC can leverage their exemption authority to address this regulatory gap.

On Monday, Elon Musk warned Delta Air Lines it could lose customers over choosing Amazon Leo instead of SpaceX's Starlink for in-flight internet, as rival United Airlines has now equipped over 600 aircraft (roughly 36% of its fleet) with Starlink, according to independent tracking data. Musk's comment follows Delta's March announcement selecting Amazon Leo for a long-term partnership, with plans to begin installing the low-Earth-orbit satellite service on 500 aircraft starting in 2028. United ha

According to Iranian Foreign Ministry, on September 29, Iran warned the United Arab Emirates and other Middle Eastern countries, citing the consequences as "dangerous" in response to Israeli Prime Minister Netanyahu's visit to the UAE on September 27.

According to U.S. media on September 29, U.S. Defense Secretary Hegseth is set to announce a reduction in the U.S. military's senior officer positions on September 30, cutting the number of general officer roles across the armed forces by 20%.

The British pound rose 0.2% against the U.S. dollar following the release of second-quarter GDP data, reaching 1.3257. The source of the GDP report was not specified.

According to CNBC and Wall Street Journal, Oura, a Finnish smart ring company, postponed its Nasdaq IPO on Sept 29, one day before its scheduled Sept 30 listing. The company had planned to price shares at $40-44 per share with 50 million shares offered. CEO Tom Heil said in a statement that while demand remained strong, market uncertainty prompted the delay. The company did not announce a new listing date. Oura, founded in 2013, measures heart rate, sleep patterns, exercise, and stress via a wea

According to Yonhapnews, BitGo Chief Executive Officer Mike Belshe visited Seoul on September 30 to attend the Korea Blockchain Week 2026 event held at Walkerhill Hotel in Gwangjin District.

Germany's retail sales in August came in at 1.3% month-over-month, below the expected 1.5% and rebounding from a prior month contraction of -3.4%.

According to Germany's Economy Ministry, energy company SEFE has been directed to procure and store 8 terawatt-hours (TWh) of natural gas by December 15.

Germany's import price index increased 8.3% year-over-year in August, surpassing the forecast of 8% and marking a significant uptick from the prior month's reading of 6.8%.

Coinbase has received approval from the U.S. Commodity Futures Trading Commission to operate its own derivatives clearing organization, expanding its regulated crypto infrastructure. The clearinghouse authorization allows Coinbase to manage collateral, handle settlements and control counterparty risk for its derivatives trades, moving the company toward a vertically integrated derivatives platform that encompasses trading, execution and clearing within a single ecosystem.