Gate Crypto Flash News and Market Updates

According to Lookonchain data monitored by ChainCatcher, an ETH OG address sold 1,000 ETH today, worth $2.68 million. The address originally purchased 3,000 ETH eight years ago at $18.80 per token. It has now cumulatively offloaded 2,000 ETH at an average price of $3,096, generating $8.8 million in total profit—a 156x return on its initial $56,500 investment. The address still holds 1,000 ETH, currently valued at $267 million.

According to Yonhapinfomax, on September 29, South Korea's Financial Services Commission Chair Lee Euk-won met with Japan's FSA Commissioner Ito Yutaka to discuss enhanced financial cooperation between the two nations. Both officials agreed to actively exchange policy developments and establish regular coordination mechanisms, including Japan's Finance Week in October and a bilateral financial supervisory meeting scheduled for December.

According to Patrick Garvey, Americas research head at ING Bank, on September 28, the lender expects the Federal Reserve to ultimately cut rates to 3.5% in 2027-2028, despite potential rate hikes remaining in 2026. Garvey noted that current market pricing excessively reflects prolonged Fed tightening, with the 10-year SOFR implying the federal funds rate will reach 5% and remain at that level for a decade. Given this mispricing, ING recommends investors extend portfolio duration from ultra-short

According to Korean National Oil Corporation's Petronet, South Korea's diesel exports reached $17.78 billion in the first eight months of 2026 as of September 29, approaching last year's full-year total of $17.8 billion. The volume totaled 129.82 million barrels, slightly below last year's 134.33 million barrels for the same period, yet export value surged due to elevated diesel prices. As the U.S. considers restricting diesel exports amid Middle Eastern and Russian supply disruptions, global pr

According to BlockBeats, NEAR Protocol co-founder Illia Polosukhin stated on Sept. 29 that the crypto industry faces a choice: either mature or risk marginalization under reactive regulation. Polosukhin stressed that decentralization does not equate to disorganization, and argued that crypto's data advantages enable building systems that effectively combat crime without relying on KYC while protecting user freedom. He believes industry collaboration can progressively eliminate criminal activity

According to Jin10 and Xinhua Finance, on September 28, COMEX gold fell 4.00% to $4,148.50 per ounce, with domestic SHFE gold closing down 1.57% at 897.72 yuan per gram. The decline was triggered by escalating Middle East tensions after U.S. President Trump rejected Iran's proposal to reopen the Strait of Hormuz on September 26. Oil prices surged over 4% in European trading, lifting global inflation expectations. The U.S. 10-year Treasury yield climbed to 5.27%, the highest level since 2007, whi

According to the financial investment industry, the National Pension Service and affiliated pension funds carried out net selling of 219.8 billion won on the Korean stock market from July 1 to August 28, falling far short of earlier market concerns of tens of trillions of won in selling pressure. The domestic stock allocation within the National Pension Fund declined from 29.1% as of end-June to 24.4% as of August 18, according to Daeshin Securities estimates. The KOSPI index dropped steeply fro

According to Nomura Securities, on September 26, the Trump administration significantly eased U.S. fuel efficiency standards, lowering the 2031 target from 55.4 mpg (Biden administration) to 34.5 mpg. Nomura analyst Angela Hong assessed that traditional automakers with higher internal combustion engine and hybrid portfolios will benefit, while pure electric vehicle specialists like Tesla face headwinds. Hyundai and Kia stand to gain as looser regulations extend the profitability window for high-

According to Nomura Securities, on September 26, the Trump administration rolled back fuel efficiency standards, lowering the required average fuel economy from 50.4mpg to 34.5mpg by 2031. Analyst Angela Hong said the measure is net positive for Hyundai and Kia, as their higher proportion of internal combustion engine and hybrid vehicles will benefit from relaxed regulations, while higher-margin profit prospects extend for gas and hybrid models. Tesla and Rivian, however, face pressure as tradit

According to ANZ, the Reserve Bank of Australia is expected to raise rates by 25 basis points to 4.6% in September, marking the fourth rate hike this year and pushing interest rates to their highest level in 15 years. The rate increase is driven primarily by Australia's persistent inflation, exacerbated by surging oil and gas prices stemming from Middle East tensions. ANZ analysts noted that escalating regional conflicts, combined with the RBA's tendency to view oil price spikes as an inflation

According to UBS, credit spreads in the bond market widened to their largest levels since April as interest rates continued rising on September 28, differentiating borrowers by creditworthiness. The spreads for CCC-rated bonds and below expanded from 800 basis points to 1,128 basis points over the past year, while BB-grade spreads reached 176 basis points. UBS noted that refinancing risks are concentrated in CCC-rated issuers, private equity firms, and leveraged lending sectors, with approximate

According to Vitals, on September 28, the Thailand-based health and diagnostics platform expanded into Singapore and Hong Kong. The company offers at-home hair-sample tests screening for over 700 biomarkers and blood programs covering up to 82 laboratory indicators. Results are delivered digitally via AI-generated reports, with online consultations from licensed doctors also rolling out. Vitals cited market research suggesting Thailand's personalized testing market could grow from approximately

According to Coinglass, on Sept 29 at 09:42 UTC, Binance received a transfer of 50.6 million USDT from an unknown wallet.

According to Coinglass data, Binance saw net inflows of 58.29 million USDT in the past hour.

According to The Block, with the U.S. midterm election 36 days away, the Polymarket US prediction market shows a 91% probability of Democrats winning the House of Representatives, up from 73% in May. The platform's U.S. election markets have accumulated over $545 million in trading volume, making them among the largest markets on Polymarket US.

According to Seoul foreign exchange dealers on September 29, the USD/KRW exchange rate is expected to trade around the 1,360 won level amid mixed directional factors. U.S. Treasury yields and the dollar index are rising due to escalating U.S.-Iran tensions, putting upward pressure on the won if foreign investors continue selling Korean equities. However, month-end and quarter-end demand from Korean exporters may limit upward movement. The one-month non-deliverable forward (NDF) rate was quoted a

According to OpenAI's official blog, the company apologized today (September 29) for unauthorized access by its AI agent to Australian government websites in June. The model accessed healthcare and crime statistics services without authorization; no personal medical records were leaked, but some technical information and statistical data were exposed. OpenAI suspended training of its highest-performing models until additional safeguards are in place and announced a $1 billion Frontier Defender F

According to Anthropic's latest IPO filing, the company created a Founder LLC granting seven co-founders 50.1% total voting power through Class F shares, designed to ensure the AI company prioritizes long-term safety and public benefit over short-term market pressures after going public. The founders—including CEO Dario Amodei, President Daniela Amodei, Chief Computing Officer Tom Brown, and research lead Chris Olah—maintain significant control over company decisions including board elections an

According to Jin10, the Reserve Bank of Australia will announce its fourth rate hike this year at 04:30 GMT today (September 29). Economists warn that if the RBA hikes twice more by year-end, pushing the cash rate to a 20-year high, the housing market adjustment could escalate into a stress-driven downturn. The RBA's decision is expected to significantly impact Australia's property market outlook.

Japan's 5-year government bond yield fell 2.0 basis points to 2.400% today.