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
07:52
0

KEEP Coin Hits $0.0267 with 15.82% Surge in 60 Minutes

KEEP coin surged 15.82% in the last 60 minutes, hitting $0.026652, reflecting increased trading activity. Over the past 24 hours, KEEP rose 17.11%, with a market cap of approximately $25.5 million and 24-hour trading volume of $3,962.59.
07:47
0

Chamath Releases Deep-Dive Report: Open-Source AI Models Trailing Frontier Models by Four Months

According to Chamath Palihapitiya, founder of Social Capital, open-source weight models have narrowed the performance gap with the best closed-source frontier models to approximately four months, according to a new research report. The report warns that enterprises risk disclosing proprietary knowledge and processes to frontier model providers, as noted by Palantir CEO Alex Karp and Microsoft CEO Satya Nadella, who pointed out companies effectively pay twice for intelligence—once in cash and aga
More
07:44
0

South Korea's Banks See 5.1 Trillion Won Deposit Inflow as Stock Market Reserves Drop 7.2 Trillion Won in September

According to South Korea's financial sector as of September 17, fund flows reversed sharply with the country's five major banks seeing deposits rise by 5.1 trillion won while stock market reserves plummeted by 7.2 trillion won this month. The Bank of Korea's consecutive interest rate hikes to 3.0% have driven fixed deposit rates to mid-3% levels, with the highest rates approaching 4%. Investors shifted to safer assets including money market ETFs, with the KODEX Money Market Active fund attractin
More
07:44
0

South Korean Corporate Short-Term Funding Surges to 352.36 Trillion Won, Up 45.6% Since 2020

According to financial industry data, South Korean corporate and financial short-term funding, including commercial paper (CP) and short-term bonds, reached 352.36 trillion won as of September 18, 2026. This represents a 110.29 trillion won increase, or 45.6% growth, since the end of 2020. CP balances grew 30.8% while short-term bonds more than doubled with 103.9% growth. The shift reflects companies prioritizing short-term over long-term bond issuance amid rising interest rates from the Bank of
More
07:44
0

South Korea Stock Trading Volume Drops 38.8% in One Month as Margin Financing Surges 1.97 Trillion Won

According to the Financial Investment Association, as of September 16, daily trading volume in South Korea's stock market dropped 38.8% over one month to 23.26 trillion won, compared to 38.02 trillion won on August 18. KOSPI trading volume fell even more sharply at 44.2%, declining from 29.91 trillion to 16.69 trillion won. Meanwhile, margin financing balances rose 1.97 trillion won to 33.07 trillion won over the same period. A securities industry official cautioned that declining trading volume
More
07:43
0

DeepSeek Adjusts API Pricing: Makeup Workdays and Holidays to Use Off-Peak Rates on Sept 20

According to ChainCatcher, DeepSeek adjusted its API pricing rules on September 20, applying off-peak rates to makeup workdays and statutory holidays in China. Despite September 20 being a makeup workday for the National Day holiday, the API continues to use the lower off-peak pricing. The company introduced peak and off-peak pricing on August 17, with off-peak rates set at half the peak price. For example, using the deepseek-flash model, cache-missed input costs 1 yuan per million tokens during
More
07:32
0

Zilliqa Surges 10% to $0.00408 Within One Hour

Zilliqa's price jumped 10% to $0.00408 within the past hour, with trading volume reaching $7.1 million. Over the last 24 hours, ZIL has gained 31.61%, moving from $0.003709 to its current level, demonstrating strong momentum as participants increase market activity.
07:31
0

Harmony ONE Surges Nearly 500% Since September 6 Mainnet Shutdown Announcement

According to OKX data, Harmony's ONE token surged nearly 500% since the September 6 mainnet shutdown announcement, currently trading at $0.00411 USDT with a 24-hour gain of 82.1%. Harmony has proposed shutting down its 2019-launched Layer 1 mainnet, migrating the native token ONE to Ethereum, and pivoting to AI video editing services.
ONE84.31%
07:30
0

Harmony ONE Surges Nearly 500% Since September 6 Mainnet Shutdown Announcement

According to OKX data, Harmony's ONE token has surged nearly 500% since the project announced mainnet shutdown on September 6. As of report time, ONE was trading at $0.00411 USDT, up 82.1% in the past 24 hours. Harmony has proposed fully transitioning its 2019-launched Layer 1 mainnet, migrating native token ONE to Ethereum, and shifting focus to AI video editing services.
ONE84.31%
ETH-1.98%
07:30
0

MKOI Has 28% Chance to Beat G2 in LEC Final Tonight, per predict.fun

According to predict.fun, MKOI has a 28% probability of defeating G2 in the 2026 LEC Summer Final, which takes place tonight at 11 PM in Nice, France, in a best-of-five series. Both teams have secured berths in the 2026 World Championship. G2 swept VIT 3-0 in the semifinals, while MKOI advanced from the lower bracket after consecutive 3-0 victories over NAVI and KC.
07:22
0

Bitcoin Miners' Holdings Hit 1.194M BTC, Highest in 5 Months, Up 2,780 BTC on September 19

According to CryptoQuant, as of September 19, Bitcoin miners' holdings reached 1.194 million BTC (approximately 131 trillion Korean won), marking the highest level in five months. The holdings increased by 2,780 BTC from seven days prior. This level of accumulation represents the first time since April 22 that miners have added to reserves at this scale, indicating miners are holding onto mined Bitcoin rather than selling, lending, or using it as collateral.
BTC-0.86%
07:22
0

Fetch.ai Token Conversion Contract Suffers $2.01M Attack; $1.56M FET Stolen, $452K NTX Minted

According to Fetch.ai's official statement, the platform's token conversion contract on Ethereum suffered an ongoing attack resulting in approximately $2.01 million in total losses. The incident involved $1.56 million in FET tokens stolen from the conversion contract and $452,000 in NTX illicitly minted. The team acknowledged the report and stated it is investigating the matter and will provide updates shortly.
FET-4.55%
ETH-1.98%
07:20
0

Three U.S. Sector ETFs Outperform as Tech Rally Falters; XLE Gains 43.2% YTD

According to financial analysts in Seoul and Wall Street, three U.S. sector-focused ETFs have re-emerged as defensive alternatives as investors grow concerned about potential artificial intelligence market saturation. The Energy Select Sector SPDR Fund (XLE), Utilities Select Sector SPDR Fund (XLU), and Consumer Staples Select Sector SPDR Fund (XLP) all outperformed the broader S&P 500 during the 2000-2009 market downturn and are seeing renewed interest today. XLE's year-to-date return reached 4
More
07:20
0

Hyundai, Kia Should Directly Pursue Robotics, Not Just Support, Samsung Securities Says; Tesla P/E at 200x

According to Samsung Securities analyst Lim Eun-young's latest report, Hyundai Motor and Kia should directly enter the robotics business rather than merely supporting it, mirroring competitors like Tesla to access favorable capital-raising terms and talent recruitment channels. Lim noted that Tesla leverages a high P/E valuation multiple of 200 times to fund expansion, while China's top automakers—all now active in robotics—raised capital at P/E multiples of 20–80 times. Hyundai and Kia face low
More
07:13
0

Oracle's $18B Data Center Loan Hits Distribution Snag as Credit Downgrade Signals Refinancing Risk

According to Financial Times and Wall Street Journal, Oracle's $18 billion Project Jupiter data center syndicated loan faced distribution challenges as of September 20, with lead banks Santander and Jefferies pricing the debt at 89–91 cents per dollar, a roughly 10% discount from par value. Standard & Poor's downgraded Oracle to BBB- in July, one notch above junk status, as the company's debt-to-EBITDA ratio reached 4.3x, significantly higher than peers including Alphabet, Amazon, Microsoft, and
More