Gate Crypto Flash News and Market Updates

According to PANews, on September 23, Hack VC co-founder Alexander Pack confirmed the team's shock and grief over Hsin-Ju's death and extended condolences to family and close associates. Pack stated that Hack VC had not been in direct contact with Hsin-Ju for over 10 months and remains unclear on the circumstances of the passing, with no additional information available. He called for respect toward those grieving.

The U.S. Energy Information Administration (EIA) will release its weekly crude oil inventory report today at 22:30 Beijing time (September 23).

According to Bloomberg, as of Wednesday, traders placed a large position in November SOFR call options, betting the Federal Reserve will raise rates only once through year-end with a more dovish path than current swap market pricing suggests. The position, revealed by a U.S. trader, involves buying 15,000 SOFR November 2026 contracts at a 0.25 strike price for a call fly spread across 95.875/95.9375/96.00 levels. Current rate swap markets price approximately 37 basis points of combined hikes at

Iran's President Pezeshkian stated today that peaceful use of nuclear technology is part of the nation's development and progress. "We will not back down or abandon the rights that belong to us," he said.

The U.S. delegation left the United Nations General Assembly hall today as Iran's President Masoud Pezeshkian began his address.

According to ASIC's official statement, the Australian Securities and Investments Commission is strengthening safeguards for automated and AI-driven trading to align with international standards. The new rules will require market participants to test, monitor, and govern trading systems and algorithms. The measures take effect in 2028 following industry consultation.

At its 2026 autumn showcase, iQiyi CEO Gong Yu stated that AI is driving the entertainment industry into a positive cycle. Short-form content has experienced explosive growth thanks to AI technology, while long-form content is also gaining new opportunities. As production costs decline, the number of creators and content pieces has increased significantly. iQiyi plans to leverage AI to lower entry barriers in traditional entertainment, shorten production timelines, and explore new content format

According to Korea Exchange, South Korea's KOSPI market average daily trading volume in September reached approximately 21 trillion won, marking the lowest level for the year. This represents a more than 50% decline from June's peak of roughly 50 trillion won. Retail investors have been net sellers, unloading 1.6 trillion won on September 22 alone as the index recovered toward the 7,000 level. Analysts attribute the sustained sell-off to profit-taking and break-even selling by retail investors w

According to Jin10, Iran's President Masoud Pezeshkian has entered the United Nations General Assembly hall on September 23 to prepare for his address.

According to Guru Club, Guizhou Governor Li Bingjun convened an AI entrepreneur forum on September 23, announcing stronger and more targeted support policies. The province aims to leverage its advantages including stable power supply, leading computing infrastructure, and diverse application scenarios to boost enterprise innovation. Key initiatives include enhancing computing power coordination, opening public data and application scenarios across education, healthcare, and media sectors, and st

According to the State Development Bank, the bank's new policy-based financial tool has allocated 60.85 billion yuan in funds since September to support 153 projects with a combined investment value of 1.4 trillion yuan. All allocated funds are directed toward supplementing capital for private investment projects.

According to BlockBeats, Federal Reserve Governor Barr signaled on September 23 that further rate hikes may be needed to ensure timely return to the 2% inflation target, with the Fed in a disadvantageous position but having moved in the right direction. A Fed dot plot reinforced the hawkish message, with 16 of 18 officials expecting at least one additional rate hike through 2026, and 4 anticipating two hikes.

According to Optimism, KB Securities signed a memorandum of understanding (MOU) with Securitize and Optimism today (September 23) to launch tokenized financial products for Korean institutional investors on OP Mainnet. Initial offerings include a tokenized money market fund and a fund based on KB Asset Management's flagship strategy. The three parties plan to explore tokenized stocks, ADRs, corporate bonds, and Korean government bonds as South Korea's tokenized securities regulatory framework de

According to Bitwise's inaugural institutional crypto adoption report, during the period from Q4 2025 to Q2 2026 when the crypto market retreated approximately 50%, none of the 15 surveyed large institutions reduced their crypto asset allocations, with some increasing holdings. All surveyed institutions held Bitcoin, viewing it primarily as a store of value and hedge against currency devaluation alongside gold. The report shows crypto allocations ranged from 0.5% to 13% of investable assets amon

According to Bitwise's inaugural institutional crypto adoption report released September 23, all 15 surveyed large institutions maintained their crypto allocations and none reduced holdings during the approximate 50% market drawdown from Q4 2025 through Q2 2026. All surveyed institutions holding crypto assets own Bitcoin, viewing it as a store of value and hedge against currency depreciation alongside gold. Crypto allocations among surveyed institutions range from 0.5% to 13% of investable asset

According to Galaxy research chief Alex Thorn, U.S. spot Bitcoin ETFs recorded net inflows of $1 billion yesterday (September 22), marking the largest single-day inflow of 2026. The influx pushed year-to-date net flows into positive territory for the first time since April.

According to the Russian Central Bank, the ruble's depreciation in August was partly driven by the use of export revenues to pay for imports, including maintenance equipment for oil refineries.

According to Jin10, U.S. 10-year Treasury yields rose 5.81 basis points to 5.025% today. The 2-year yield also climbed, gaining 6.63 basis points to 4.843%.

According to DeFi researcher Ignas on X platform, if the 'high-yield token' narrative persists, the current bull market could become one of the easiest to participate in. Ignas recommends focusing on projects with high and growing revenue, where returns flow back to token holders via dividends or buybacks, and those with valuations low relative to holder income. Tokens like HYPE, LIT, and PUMP represent straightforward trading opportunities, with the next step being to identify undervalued emerg

According to MSX.COM data, AI stocks rallied on U.S. market open today, with CoreWeave climbing 2.32%, Dell rising 1.8%, and Cadence gaining 1.36%. The broader market saw declines, with the S&P 500 down 0.11% and the Nasdaq down 0.2%.