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
16:58
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Crypto-Backed PAC Spends $11.4 Million Against Sherrod Brown's Ohio Senate Bid

According to ChainCatcher, the Defend American Jobs PAC, backed by Coinbase and Ripple Labs through Fairshake, has spent $11.4 million on media advertisements supporting Republican Jon Husted and opposing Democrat Sherrod Brown in Ohio's 2026 Senate race, according to filings with the U.S. Federal Election Commission. The spending is part of Fairshake's initial $30 million commitment to block Brown's bid for re-election. Brown, a former Senate Banking Committee chair, has been a vocal critic of
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16:57
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Nvidia Board Authorizes Additional $150B Stock Buyback on Monday, Total Authorization Reaches $235B

According to Jim Cramer on CNBC, Nvidia's board approved an additional $150 billion in share repurchases on Monday, bringing the total remaining authorization to $235 billion. The chipmaker said the increase is the largest in its history and expects to complete the program through fiscal 2028. Nvidia shares rose 3% on Monday, with year-to-date gains reaching roughly 24%. "If they're active and in there every day, it will change the trajectory of the stock," Cramer said. CEO Jensen Huang noted on
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16:57
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10-Year U.S. Treasury Yield to Fall to 4.25% by End of 2027, AI Debt Impact Limited: Capital Economics

According to Capital Economics chief economist James Reilly, the 10-year U.S. Treasury yield—currently near its June 2007 high—will "significantly decline to 4.25%" by the end of 2027. Reilly attributes recent yield increases primarily to rising oil prices and strong U.S. economic growth, rather than artificial intelligence-related debt issuance or fiscal concerns. While AI-related debt offerings will continue to exert upward pressure on yields, the effect is more limited than media coverage sug
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16:56
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Ondas Tops U.S. Fails-to-Deliver Chart With 20.95M Shares in August, Short Interest at 40.9%

According to the SEC's most recent fails-to-deliver disclosure covering the second half of August, defense drone company Ondas (ONDS) became Wall Street's most failed-to-deliver security, with 20,954,097 shares undelivered in the National Securities Clearing Corporation's Continuous Net Settlement system on the Monday after the company's latest quarterly earnings. Ondas carries short interest of 40.9% of its float, and the stock landed on the SEC's Threshold Securities list on August 18, staying
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16:53
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Israeli Forces Complete Large-Scale Operation Against Hezbollah Infrastructure in Southern Lebanon on September 28

According to CCTV, the Israel Defense Forces completed a large-scale military operation in Mansouri, southern Lebanon, on September 28, destroying Hezbollah infrastructure in the designated security zone. The operation, described as a brigade-level action, aimed to prevent Hezbollah from regrouping and establishing positions in the area. The military directed local residents to evacuate the region approximately two months prior to the operation.
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16:53
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FCA Secures Confiscation Orders for £1.5m Crypto Fraud, 65 Victims Targeted

According to the Financial Conduct Authority, confiscation orders have been secured against Raymondip Bedi and Patrick Mavanga, targeting recovery of £1.5 million defrauded from at least 65 victims in a cryptocurrency investment scam. The FCA's enforcement action aims to recover lost funds for investors who were misled into non-existent cryptoasset investment opportunities.
16:51
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Apollo Chief Economist Warns AI Agents Could Trigger 'Slow-Motion Bank Run' by Moving Deposits

According to CoinDesk, Apollo's chief economist Torsten Slok warned on September 29 that AI agents automatically managing household finances could spark a "slow-motion bank run" by transferring low-yield deposits to higher-return accounts. Slok noted that U.S. checking accounts currently offer an average rate of about 0.1%, while platforms like Revolut, SoFi, and Varo provide deposit rates between 3.3% and 5%. If households widely adopt AI agents to optimize cash yields, banks could lose the low
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16:47
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Iranian Officials Express Pessimism on U.S. Deal Before Nov. 3 Midterms

According to sources cited by Jin10 and Iranian state media ISNA, Iranian officials privately expressed pessimism on Sept. 29 about reaching an agreement with the U.S. to end hostilities and reopen the Strait of Hormuz before the November 3 midterm elections. Limited progress was made during talks held last week at the U.N. General Assembly in New York, with Iranian officials concerned that conflict escalation risks would increase after the midterms. Iranian Foreign Minister Araghchi met with Tr
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16:44
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SEC Commissioner Hester Peirce Resigns After Nearly a Decade, Last Day October 2

According to The Block, SEC Commissioner Hester Peirce resigned from the agency, with her last day on October 2. After nearly a decade at the Securities and Exchange Commission, Peirce emerged as a key voice on digital asset regulation across multiple presidential administrations. She pushed for regulatory clarity, criticized the SEC's enforcement approach against major crypto players, and advocated for developer protections and stricter financial privacy standards. Peirce is heading to Regent U
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16:44
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Wall Street Strategist Zervos Joins Treasury as Bessent Adviser on Monday

According to Treasury, Wall Street strategist Zervos joined the Treasury Department on Monday as a counselor in the Office of the Secretary to advise Treasury Secretary Bessent. Zervos spent nearly two decades at Jefferies as the firm's chief market strategist and is known for challenging market consensus. He was among candidates Bessent considered last year to succeed Jerome Powell as Federal Reserve chairman.
16:44
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Bank Stocks Fall 10% on Rate Hike Fears and AI Competition Last Week

According to Axios reporting, bank stocks fell last week amid growing expectations that the Federal Reserve will raise interest rates as much as two more times this year. The KBW Bank Index, tracking 24 major banks, fell 10.2% to $175.57 on Friday, down from a 52-week high of $195.55 on August 17. Bank profitability hinges on the spread between lower short-term borrowing costs and higher long-term lending rates. A flattening Treasury yield curve—with the two-year to ten-year Treasury spread narr
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16:43
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GQG Partners Shifts $1.56T Portfolio to Tech Overweight in August 2026 Reversal, Cutting $15.1B in Outflows

According to GQG Partners' August 2026 half-year results call, the firm shifted three of its four main funds to an overweight position in technology and semiconductors, reversing its 2025 strategy of aggressively reducing holdings in Nvidia, Alphabet, Amazon, and Microsoft. The reversal came as the firm faced $15.1 billion in outflows during the first half of 2026, reducing assets under management from $172.4 billion to $156 billion. GQG's chairman and CIO Rajiv Jain cited two key factors for th
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16:43
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QNT Surges Over 300% in a Week After Clearing House Partners With Quant

According to Yahoo Finance, QNT surged over 300% from roughly $65 to above $350 in about a week after The Clearing House selected Quant to power its On Chain Money Initiative for tokenized deposit settlement across U.S. financial institutions. QNT had ranked as the strongest weekly performer among the 100 largest cryptocurrencies by Sept. 26, gaining 61.8% over seven days before the rally accelerated further. The Clearing House, owned by major U.S. commercial banks and handling over $2 trillion
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QNT24.91%
16:40
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AI Credit Company F2 AI Raises $5M from Golub Capital on Sept 29

According to Bloomberg, on Sept 29, AI credit company F2 AI disclosed that it raised $5 million in equity investment from Golub Capital, a private credit management firm. As part of the deal, Golub Capital will gain access to F2 AI's AI agent suite for screening private credit investments, conducting due diligence, underwriting deals, and monitoring portfolios.