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
09:49
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Trump Backs U.S. Diesel Export Ban Tuesday; Analysts Warn It May Backfire

According to Jin10, U.S. President Trump on Tuesday expressed support for banning American diesel exports to help lower prices, stating the government will make a decision "very soon." However, analysts cautioned the measure could have opposite effects. Gbenga Ajilore, chief economist at the Budget and Policy Priorities Center, noted that export bans do not increase domestic supply but may reduce it, raising prices further. Multiple analysts warned the ban could force Gulf Coast refiners to shut
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09:44
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KOSPI Rallies After Chuseok Holidays in 15 Out of 22 Years, 68% Upside Probability

According to Daishin Securities analysis, South Korea's KOSPI index has outperformed after Chuseok holidays 15 times out of 22 instances since 2004, posting an average five-day post-holiday gain of +1.34%. The five trading days before the holidays averaged a decline of -0.05%, as risk-averse positioning and profit-taking typically dominate ahead of extended breaks. Analysts attribute post-holiday rallies to resumption of trading activity and resolution of uncertainty. Key risks during the holida
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09:44
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Creatio Commits $300 Million to Bank.AI Platform Through 2028

According to Creatio's announcement, the company commits $300 million to its Bank.AI platform through 2028, directing spending toward product development, AI agents, customer training, and implementation partner support. The investment is a company-funded program rather than an external funding round. Creatio's financial-services business grew 48% year-over-year, with Bank.AI combining customer-relationship and workflow software alongside pre-built agents for growth, service, and operations func
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09:43
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Crypto ETF Inflows Hit $906 Million on September 22 as Bitcoin Leads with $714.7 Million

According to Farside Investors, U.S. spot crypto exchange-traded funds recorded $905.8 million in net inflows on September 22, with Bitcoin ETFs leading at $714.7 million, Ether funds adding $162.2 million and Solana ETFs receiving $28.9 million. BlackRock's IBIT Bitcoin fund attracted $350.3 million, followed by Fidelity's FBTC with $257.4 million and Morgan Stanley's MSBT with $99 million. No Bitcoin fund reported an outflow. Cumulative net inflows into U.S. Bitcoin ETFs have reached approxima
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SOL0.32%
09:42
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Fermi Delays $6.5B TensorWave Lease Close to Oct. 31

According to ACCESS Newswire on 22 September, Fermi delayed the closing of its 222 MW TensorWave lease to October 31 from September 30. The company cited ongoing negotiations with an investment-grade counterparty for a lease guaranty as the reason for the one-month extension. The lease, which covers 15 years of expected revenue of approximately $6.5 billion, remains subject to closing conditions including the guaranty, final operations schedules, service-level agreements, and project-level finan
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09:42
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Trump's Account Buys MSTR Shares Worth Up to $110K in July, Stock Rises 83% Since Purchase

According to a regular trading report disclosed by the U.S. Office of Government Ethics (OGE) on September 22, Trump's account conducted three Microstrategy (MSTR) Class A stock transactions in July. On July 8, the account sold $1,001 to $15,000 worth of shares, followed by purchases of $1,001 to $15,000 on July 24 and $50,000 to $100,000 on July 27. Since the July 24 purchase, MSTR has increased approximately 83%. A White House spokesperson stated the holdings are managed by a third-party insti
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09:42
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LG, Samsung Face Indian Tax Evasion Probe Over OLED TV Components

According to Reuters, LG Electronics and Samsung are under investigation by Indian authorities for allegedly claiming improper tax exemptions on OLED display components. Indian officials have accused the companies of incorrectly applying a 5% preferential tariff rate on imported OLED glass screens (open cells) used in TV panel manufacturing. The 5% rate has historically been designated only for legacy LCD and LED products that dominate the mass market segment.
09:38
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Hyperliquid's Largest LIT Short Faces $10.18M Floating Loss as LIT Surges Past $5.30 on Sept 23

According to on-chain data, on September 23, Hyperliquid's largest LIT short holder faced over $10.18 million in floating losses as LIT surged past $5.30 to new highs. The trader currently holds 2.528 million LIT shorts on 3x leverage. Beyond LIT, the whale maintains short positions in AVAX, ETH, SOL, and HYPE, with a combined portfolio value of approximately $14.634 million and an overall return rate of negative 139.6%.
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09:35
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Cambodia Exposes Largest Fraud Compound 'Zone 8' Operated by Legend Innovation, Linked to Sanctioned Prince Group

According to blockchain analysis firm Elliptic, Cambodia publicly disclosed the inner workings of 'Zone 8', the country's largest online fraud operation housing up to 20,000 human trafficking victims forced into cybercrime work. The compound is operated by Cambodian company Legend Innovation, which Elliptic found to have ties to the U.S. and UK-sanctioned Macau Prince Group. Legend Innovation's registered phone numbers previously appeared in real estate company documents linked to the Prince Gro
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09:33
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Kinetiq Markets Adds Benzinga News to Markets App Home Feed

According to PRNewswire, Kinetiq Markets has integrated Benzinga News into the home feed of its Markets App for stocks and crypto, enabling users to read market reports, execute trades and share trading theses without leaving the application. The integration places news directly within the trading workflow, reducing friction between receiving information and placing an order. Users can read a news item related to a holding, open a position from the same interface and publish their trade reasonin
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09:33
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Big Tech to Maintain AI Investment Through 2028, Despite Cash Flow Pressure

According to NICE Credit Rating, on September 22, Big Tech companies including Alphabet, Amazon, Meta, Microsoft, and Oracle will sustain AI investment momentum through 2028 despite recent cash flow deterioration, a senior analyst said. While major tech firms saw negative free cash flows in Q2 2026 due to aggressive infrastructure spending, their financial capacity combined with external financing enables continued investment momentum. Amazon and Oracle are expected to require $94.1 billion and
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09:28
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China Imported 13.8M Barrels Daily in 2025, Nearly Double U.S. Levels: OPEC Data

According to OPEC's annual statistical bulletin, China was the world's largest oil importer in 2025, with daily imports of 13.8 million barrels, accounting for 18.1% of global crude imports. This figure was nearly double the United States' 7.9 million barrels daily. India ranked third with 6.2 million barrels daily, followed by South Korea (3.8 million), Japan (3.3 million), Singapore (2.8 million), and the Netherlands (2.7 million). The Asia-Pacific region absorbed half of global oil imports, w
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09:22
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South Korea's FSC Revokes Licenses of Shilla Asset Management and Zenis Investment Advisory

According to the Financial Services Commission, South Korea's regulator revoked the financial investment business licenses of Shilla Asset Management Co., Ltd. and Zenis Investment Advisory Co., Ltd. following numerous complaints. Investors alleged that both firms promised high returns through public offering subscription services but failed to return principal and interest as stated in balance confirmations.