Gate Crypto Flash News and Market Updates

According to Korea Exchange, Samsung Electronics and SK Hynix tumbled on Sept 28 amid rising U.S. Treasury yields and heavy foreign selling. Samsung Electronics dropped 15,000 won (-5.26%) to close at 270,000 won, while SK Hynix fell 94,000 won (-5.05%) to 1.768 million won. Foreign investors sold a combined 3.1 trillion won in the two stocks, with institutions also offloading holdings, creating downward pressure despite it being the last trading day to qualify for Samsung's record third-quarter

According to reports, SanDisk announced last month it will return 100% of free cash flow over the next three years to shareholders through share buybacks, with CFO Luis Visoso stating the company will invest in operations first before returning surplus cash. The stock price rose 75% to $1,777.80 as of September 25, compared to $1,015.89 on July 29. Meanwhile, Japanese conglomerate Hitachi has become a value-up model by restructuring its business portfolio and focusing capital allocation on core

Johnson Controls, a US building systems company, joined the Sustainable Tropical Data Centre Testbed 2.0 hosted by the National University of Singapore on September 28. The collaboration aims to study AI-ready data centers in tropical conditions while optimizing power and water use. According to Johnson Controls, its modeled thermal management design could reduce non-IT energy use by up to 50% compared to conventional cooling methods. In a 1-gigawatt data center scenario, the company's absorptio

According to Guru Club, citing Citi's research report released on September 28, frontier AI models showed improved performance and reduced per-task costs, highlighting gains in model efficiency and reasoning economics. Citi noted that open-source model task costs dropped 35% on a weekly basis to $0.80, with the discount versus proprietary models widening from 40% to 60%. Meanwhile, proprietary models' intelligence advantage expanded from 9 points to 12 points.

According to Lookonchain, the Bitget hacker who stole $351.6 million is now converting ETH to BTC through THORChain on September 28. The on-chain monitoring service detected the asset swap activity as the attacker moves funds across different cryptocurrencies, likely in an effort to obscure the stolen assets.

According to Jin10, Eurozone government bond yields opened slightly lower on September 28, but the market remains vulnerable amid elevated oil prices and substantial debt supply. Belgium will issue debt on Monday, followed by the Netherlands and Italy on Tuesday, Germany on Wednesday, and Spain and France on Thursday. Rainer Guntermann, rate strategist at Commerzbank, stated: "Bond markets remain in a fragile state," citing oil price rebounds, ECB President Lagarde's remarks, and incoming econom

On Monday, September 28, Shanghai Gold Exchange gold T+D contracts closed at 900.35 yuan per gram, down 2.88%, while silver T+D contracts fell 5.0% to 14,853.0 yuan per kilogram.

According to SoSoValue, Bitcoin traded near $83,150 on Sept. 26 after failing to clear $85,000 resistance for a second time, marking roughly a 1.6% daily decline. Despite the pullback, spot Bitcoin ETFs recorded their largest weekly inflow of 2026, totaling $2.39 billion in the week of Sept. 21-25, with Friday's session alone adding $134.5 million. BlackRock's IBIT led the institutional demand with approximately $97 million on Friday, while Fidelity's FBTC contributed roughly $49 million. Howeve

According to Goldman Sachs' September 24 report, U.S. hyperscale companies' artificial intelligence capital expenditures are projected to reach $1.2 trillion in 2027, up 54% from approximately $800 billion in 2026, before moderating to 12% growth in 2028 at $1.4 trillion. Semiconductor valuations remain historically compressed. Memory stock forward price-to-earnings ratios stand at 4x versus a historical average of 8x, while fabless chipmakers trade at 13x compared to their historical norm of 18

According to on-chain data, Kaspa's KAS token surged 12% in the 24 hours through Sept. 27, though the network behind it showed sharp contraction. Daily active users fell from 36,570 on Sept. 17 to roughly 7,910 in the most recent reading, a decline of approximately 78% in ten days. Standard transactions dropped from about 208,480 to 113,530 over the same period, a 46% decrease. Market sentiment for KAS remained positive at 4.81 on a scale of -10 to 10, with a potential support level flagged near

According to Yonhap Infomax, South Korea's Democratic Party K-Capital Markets Committee will hold a working-level meeting tomorrow morning (September 29) to discuss measures to prevent stock price manipulation and related amendments to inheritance and gift tax laws. The meeting will be attended by committee members, government officials from the Ministry of Economy and Finance, Financial Services Commission, and National Tax Service, as well as private sector experts. Key agenda items include ev

According to The Wall Street Journal on September 27, Egypt issued at least three warnings to Israel before Hamas launched its October 7, 2023 attack. Egypt's intelligence director Kamal visited Israel secretly two weeks before the assault, and called Israeli Prime Minister Benjamin Netanyahu several days before the attack. Multiple U.S. media outlets have reported that Egypt and the UAE had warned Israeli officials of signs indicating an imminent Hamas strike.

According to the Financial Investment Association, individual investors in South Korea purchased 1.453 trillion won in government bonds in September as of the 28th, marking a record amid rising yields. The monthly net bond purchase reached 3.439 trillion won through September 28, already surpassing August's total of 3.206 trillion won. The surge reflects higher yields following a sharp rise in U.S. Treasury rates. South Korean 3-year government bond yields jumped to 4.112% on September 28, the h

According to South Korea's financial investment industry, SK Square announced a 43 billion won share cancellation program in July, but the stock fell 1.84% on the announcement day, closing at 1.1 million won—13.9% lower than the previous day. The announcement highlights that large-scale share buybacks alone do not guarantee sustained stock price increases. Financial experts note that share cancellation itself does not increase a company's cash flow or profitability. A researcher emphasized: 'Tru

According to Jin10, Shanghai gold closed at 901.5 yuan per gram on September 28, trading 3.84 yuan higher than the international spot price of 897.66 yuan per gram.

NewAu, a commercial fusion company, recently announced a major breakthrough in hydrogen-boron fusion commercialization. Its Xuanlong-50U device achieved hydrogen-boron fusion reactions, marking the first time a commercial fusion company has achieved this on its own equipment globally. The achievement also represents the first instance in China where a magnetically confined fusion device successfully conducted clean, neutron-free fusion reactions using advanced fuels including hydrogen-boron and

According to Pechao, on September 27, U.S. President Trump told media that the China-US leaders' summit was 'very successful' and 'productive.'

According to South Korea's financial investment industry, Hyundai Motor decided on September 27 to cancel 2.505 million treasury shares worth 789.1 billion won, yet the stock price fell 15.8% by September 28. The mandatory treasury share cancellation policy, which took effect in March 2026, requires companies to cancel acquired shares within one year of acquisition. However, large-scale cancellations have not guaranteed sustained stock price gains. A research paper by Chungnam National Universit

According to Goldman Sachs, Alphabet, Amazon, Microsoft, Meta, Oracle, and SpaceX must collectively generate approximately $1.42 trillion in revenue between 2028 and 2030 to achieve a 15% return on invested capital (ROIC) from their 2026-2027 AI infrastructure spending. The analysis assumes each gigawatt of computing capacity requires approximately $42 billion in upfront investment and must generate roughly $11.6 billion in annual revenue to meet the ROIC threshold.

According to Jin10, as of 15:17 on September 28, China's domestic futures contracts recorded significant capital movements. The CSI 300 Index futures (Dec contract) led inflows with 20.19 billion CNY, followed by China A-50 Index futures at 16.18 billion CNY and CSI 1000 Index futures at 11.55 billion CNY. On the outflow side, Silver futures (Dec contract) saw the largest exit at 18.39 billion CNY, trailed by crude oil at 12.25 billion CNY and lithium carbonate at 8.83 billion CNY.