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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23:49
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SK Securities Cuts HYBE Target Price to 290,000 Won on Valuation Pressure, Cites Record 2026 Earnings Ahead

According to SK Securities analyst Park Jun-hyung on September 22, HYBE's target stock price was lowered from 350,000 won to 290,000 won, citing valuation headwinds across the entertainment sector despite robust fundamentals. SK Securities projects HYBE will post record earnings in 2026, driven by BTS's world tour expansion and growth from junior-ranking artists. The firm forecasts 2026 revenue of 5.1 trillion won, up 93.2% year-over-year, with operating profit of 301.8 billion won, up 504.9%. B
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23:49
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Morgan Stanley Projects U.S. Power Shortage of 33GW by 2028, Affecting 1 in 3 AI Chips

According to Morgan Stanley analyst Stephen Burd via MarketWatch on September 21, the U.S. power shortage could reach 33 gigawatts (GW) by 2028, equivalent to 34% of AI semiconductor power demand. This means roughly one in three newly installed AI chips may lack sufficient electricity supply when connected to the grid. Burd identified beneficiary companies with powered infrastructure, including Cipher Digital, Hut 8, Riot Platforms, Galaxy Digital, and Terraulf, predicting each will secure major
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23:49
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LG Chem Q3-Q4 Operating Profit Forecast to Plunge 76% to 142B Won; Max Fine Risk Reaches 1.4T Won

According to LS Securities analyst Jeong Kyung-hee on September 22, LG Chem's operating profit for Q3-Q4 is forecast to decline 76.3% to 142 billion won, down from 590 billion won in Q2-Q4, as one-time benefits from lower feedstock costs and higher product prices fade. Operating margin is expected to narrow to 1.0% from 4.2%, while the petrochemical division is projected to swing into a 136 billion won loss. The company also faces potential antitrust fines of between 699.6 billion won and 1.399
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23:45
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Britain to Deploy Voyager Tanker for Saudi Arabia Defensive Support on September 21

Britain announced on September 21 that it will provide defensive air refueling support to Saudi Arabia in response to recent Houthi attacks from Yemen. According to UK Prime Minister Andy Burnham, the Royal Air Force will deploy one Voyager tanker aircraft to provide air-to-air refueling support for Saudi defensive operations. The deployment is expected to commence within the coming days and is intended to last several weeks.
23:44
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USD-KRW Falls to 1,374.50 Won on Sept 22, WTI Crude Drops 4.5%

According to Yonhap Infomax, on Sept 22, the USD-KRW exchange rate fell to 1,374.50 won as of 6 a.m., down 6.50 won from the previous Seoul market close of 1,381.00 won. The currency dipped to a session low of 1,370 won earlier due to export hedging flows and foreign stock buying. Separately, WTI crude oil futures for October delivery fell 4.51% to $95.78 per barrel, marking the first close below $100 since Sept 9, driven by easing Middle East tensions following expectations of U.S.-Iran talks a
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23:44
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Rothschild Downgrades Flutter Entertainment from Buy to Neutral, Cuts Target Price 30% to $119 on September 21

According to CNBC on September 21, investment bank Rothschild & Co downgraded Flutter Entertainment (NYSE: FLUT), the parent company of sports betting platform FanDuel, from Buy to Neutral. The firm slashed its target price from $169 to $119, a 30% reduction. Analyst Andrew Tam noted the firm "misrated Flutter this year" and stated that management's long-term direction is positive, but investors must first see short-term commitments delivered before assigning premium valuations to long-term visi
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23:44
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Micron Stock Surpasses $1,000 on September 22, Sparking Stock Split Speculation

According to Motley Fool, Micron Technology stock closed at $1,043.96 on September 22, up 2.77% from the previous day, breaking through the $1,000 mark for the first time in over two decades after rebounding from lows near $700 in late July. Market observers have noted that NVIDIA and Broadcom both announced 10-for-1 stock splits during their 2024 earnings calls, raising speculation that Micron may do similarly at its Q4 earnings release scheduled for September 30. However, analysts caution that
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23:43
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Iran May Prolong U.S. Conflict via Asymmetric Tactics Ahead of U.S. Midterm Elections, DB Securities Warns

According to DB Securities analyst Kang Hyun-ki on September 22, Iran may adopt asymmetric military tactics to prolong the seven-month conflict with the U.S., similar to North Vietnam's strategy during the Vietnam War. The approach aims to build domestic anti-war sentiment in the U.S. by creating a perception of endless conflict, potentially raising oil price volatility ahead of U.S. midterm elections. Kang noted that rising oil prices could serve as leverage to influence American public opinion
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23:39
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USDA Reports U.S. Soybean, Corn Condition Decline as of Sept. 20; Russia Cuts Grain Export Tariffs to Zero

According to the USDA weekly crop progress report released Tuesday, U.S. soybean condition was rated 58% as of Sept. 20, matching market expectations but down from 69% year-over-year. U.S. corn condition stood at 57%, below the 58% market forecast and down from 66% in the prior year period. Separately, Russia's agriculture ministry announced Monday it is cutting grain export tariffs to zero through the end of 2026. Under the new decree, floating export tariffs on Russian wheat, barley, and corn
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23:37
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Digital Daesung Cancels 5.6B KRW in Treasury Stock, Plans 10B KRW Additional Buyback Through March 2027

According to Newsis, Digital Daesung announced on September 22 that it will cancel 5.6 billion Korean won worth of treasury stock on September 28. The company simultaneously entered into a trust agreement to acquire an additional 10 billion won in treasury stock by March 31, 2027, targeting 1.123595 million shares for full cancellation afterward. CEO Kim Hee-seon stated the buyback reflects management's commitment to enhance shareholder value, citing the company's current stock price as signific
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23:34
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MIT Develops AI System xvr to Match X-ray and 3D Scans in Seconds with Sub-Millimeter Precision

According to Guru Club, on September 22, MIT and partner institutions unveiled an AI system called xvr that matches intraoperative X-ray images with preoperative 3D CT or MRI scans in seconds with sub-millimeter precision. The system enables personalized adaptation for patients and locates surgical instruments by precisely aligning 2D X-ray images captured during surgery with 3D medical scans. The research was published in Nature.
23:34
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Global Oil Stockpiles to Be Depleted in 5 to 10 Weeks, Commonwealth Bank Warns

According to Commonwealth Bank of Australia, global oil and refined product inventories will be depleted within 5 to 10 weeks, a significant reduction from the 15 to 20-week estimate issued two weeks prior. The bank warned that inventory depletion raises the risk of Brent crude futures climbing to $150 per barrel.
23:32
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SFA Semiconductor Surges 74% in September on Samsung DDR5 Outsourcing Demand

According to Korea Exchange, SFA Semiconductor stock rose 16.96% on September 22 to 10,550 Korean won, extending a monthly surge of 74%. The stock has climbed 184% from its July 29 low of 3,735 won. The rally reflects growing outsourcing orders from Samsung Electronics for advanced memory chip packaging and testing as it shifts production focus to AI-driven high-bandwidth memory (HBM). SFA Semiconductor, spun off from Samsung in 1998, specializes in semiconductor back-end services including pack
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23:32
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South Korea's Big Four Banks' Super Apps Lag Toss at 18 Minutes Monthly, Losing User Share Over 3 Years

According to Mobile Index, South Korea's four major banks (KB Kookmin, Shinhan, Hana, and Woori) saw average monthly time spent on their super apps remain flat at 18.4 minutes over the past three years, down from 19.4 minutes. Meanwhile, fintech app Toss logged 177 minutes, with usage increasing 44 minutes during the same period. User growth also favored Toss, which added 4.61 million monthly active users (25.6% increase) compared to 1.63–1.98 million for the major banks. The gap between Toss an
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23:30
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U.S. Stocks Surge on Iran Talks Hopes; Dow Up 366 Points, Nasdaq Hits Record on Sept 21

According to YonhapInfomax, on September 21 (U.S. Eastern time), New York's three major stock indices surged on expectations of U.S.-Iran talks and hawkish remarks from Federal Reserve officials. The Dow Jones Industrial Average rose 366.19 points (0.71%) to 52,048.83; the S&P 500 climbed 114.20 points (1.49%) to 7,764.70; and the Nasdaq Composite surged 599.55 points (2.26%) to close at 27,122.09, marking a fresh all-time high. Risk-on sentiment strengthened amid the U.N. General Assembly held
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