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
11:01
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Jaguar Health Stock Surges 1585% on September 22 After FDA Fee Waivers

According to Quiver Quantitative, Jaguar Health (JAGX) shares surged as much as 1585.4% on September 22, 2026, closing the regular trading session up 1190.64% at $34.46, based on Benzinga data. The rally was driven by the FDA's announcement of fee waivers for the company's drugs Mytesi and Canalevia-CA1 for 2027, reducing near-term cash pressure. A 1-for-15 reverse stock split effective September 17, 2026, left Jaguar with approximately 520,088 shares outstanding, a thin float that amplified pri
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11:01
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OpenAI's GPT-6 Sol and GPT-6 Luna Launch on B.AI Today with 68.8% DeepSWE Score, Costs Down 80%

According to B.AI, the platform announced today (September 23) that OpenAI's GPT-6 Sol and GPT-6 Luna models are now available via API and Web Chat. Both models support 1.05M context length and 128K output tokens, with native image understanding, Computer Use, and six adjustable reasoning levels. GPT-6 Sol targets complex software engineering workflows with a DeepSWE v1.1 score of 68.8% and single-task costs reduced by approximately 80%. GPT-6 Luna focuses on high-frequency batch processing with
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10:58
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Eurozone PMI Reaches 53.1 on September 23, Marking 41-Month High

According to S&P Global, Eurozone composite purchasing managers' index (PMI) preliminary reading hit 53.1 on September 23, marking the highest level in 41 months and surpassing August's 52.0. Services PMI came in at 53.0, the strongest in 10 months, while manufacturing PMI held steady at 52.7. Germany's composite PMI reached 53.8, an 11-month high, while the UK's September composite PMI stood at 51.7. S&P Global noted that order backlogs expanded across both manufacturing and services sectors, s
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10:58
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Alibaba Cloud Partners with BaseElement on Qwen Model and MaaS Services, TokenRhythm API Hits 5 Billion Daily Token Calls

According to Interface, Alibaba Cloud and AI model aggregation platform BaseElement have established a strategic partnership to collaborate on Qwen series models, cloud computing infrastructure, and MaaS (Model-as-a-Service) offerings, with joint optimization planned for Agent scenarios. BaseElement, founded in April 2026, operates TokenRhythm API which has integrated multiple models and processes over 5 billion token calls daily.
10:56
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South Korea's Financial Authorities Refer 4 Virtual Asset Market Cases Including Price Manipulation to Investigators

According to the Financial Services Commission and Financial Supervisory Service, on September 23, authorities decided to refer and notify investigative agencies of four cases involving unfair trading in virtual asset markets. The cases include three instances of short-term price manipulation and one case of misconduct and price manipulation by executives of a virtual asset management company. Two of the price manipulation cases involved brothers using identical methods to rapidly accumulate ass
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10:55
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XRP Ledger Batch Amendment Nears September 29 Activation With 30 of 35 Validators Supporting Upgrade

The XRP Ledger's Batch amendment is on track to activate on September 29 at 14:06 UTC, with 30 of the network's 35 validators supporting the upgrade as of September 20, comfortably above the required 80%-plus threshold. Activation requires the amendment to maintain at least 28 of 35 validator votes for 14 consecutive days. XRP has climbed 22.2% over the past week to $1.58. The Batch amendment bundles two to eight regular transactions under a single outer transaction, enabling atomic settlement f
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XRP4.07%
10:55
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Hyperliquid HYPE Hits $96 on 88% Two-Month Rally, Open Interest Surges to Record $8.8B

According to TradingView and TokenTerminal, Hyperliquid (HYPE) has surged 88% in approximately two months, printing a September all-time high of $96 today as the token approaches a critical $100 test level. Open interest on the platform just reached a record $8.8 billion, surpassing levels seen at the previous bull peak in October, suggesting positioning is more aggressive than at the last major top. The rally is backed by accelerating protocol revenue and an expanded buyback program. Average da
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HYPE0.78%
BTC0.01%
10:49
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China's SASAC Surveys Broadcom Switch Usage in State-Backed Data Centers; Penetration Rate Reaches ~90%

According to the Financial Times, China's State-Owned Assets Supervision and Administration Commission (SASAC) has surveyed state-backed data centers' use of Broadcom switches in recent weeks, aiming to reduce dependence on foreign AI infrastructure and support domestic suppliers. Two sources indicate that Broadcom switches have penetrated approximately 90% of state-owned enterprises. SASAC is considering issuing informal guidance to curb purchases, while simultaneously investigating whether Bro
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10:47
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CFTC Staff Says Prediction Market Mention Contracts Are Presumptively Susceptible to Manipulation

According to the CFTC Division of Market Oversight, on Tuesday staff issued an advisory stating that prediction market contracts settling on whether a named individual says certain words, attends an event, or engages in social media interactions should be presumed readily susceptible to manipulation. The advisory follows the CFTC's $172,000 settlement last month with Gabriel Perez, a former White House teleprompter operator, for trading presidential mention contracts using advance knowledge of s
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10:46
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Russia Cuts 2026 Natural Gas Production and LNG Export Forecasts

According to government documents, Russia cut its 2026 natural gas production forecast from 688.4 billion cubic meters to 683.1 billion cubic meters. The country also lowered its 2026 liquefied natural gas export forecast from 40.3 million tons to 35 million tons. Russia also downwardly revised its pipeline natural gas export outlook for 2027-2029.
10:44
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Meritz Securities Approved as South Korea's Ninth Short-Term Financing Note Issuer on September 23

According to South Korea's Financial Services Commission, Meritz Securities was approved on September 23 as the country's ninth short-term financing note issuer, designated as a comprehensive financial investment company with 4 trillion KRW or more in equity capital. Short-term financing notes are products with maturities of one year or less issued by securities firms using their own credit, with issuance capacity capped at 200 percent of the issuer's equity capital.
10:43
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NVIDIA Accelerates Sovereign AI Deployment Across Southeast Asia With Nemotron Models

According to NVIDIA on September 23, the company is expanding sovereign AI deployment across Southeast Asia, focusing on government operations, public safety, and smart cities. The effort leverages NVIDIA Nemotron 3 Super and Nano Omni models, designed for local languages and regulatory requirements. In Singapore, the Home Team Science and Technology Agency is using the models for public safety applications. Across Southeast Asia, Malaysia's YTL AI Labs and Thailand's AI initiatives are fine-tun
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10:42
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Oracle Expects 50% of $664B RPO to Convert to Revenue Within 36 Months

According to Oracle's SEC 10-Q filing as of 31 August 2026, the company expects approximately 50% of its $664 billion remaining performance obligations to be recognized as revenue within 36 months, up significantly from 35% a year earlier. The shift reflects accelerating conversion of its backlog into near-term revenue. About $86.3 billion, or roughly 13%, is expected to become revenue within the next 12 months, nearly double the $45.5 billion figure from the prior-year period. Oracle added more
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