Gate Crypto Flash News and Market Updates

According to Shanghai Futures Exchange (SHFE), this week copper inventories decreased by 8,220 metric tons, while aluminum inventories fell 17,019 tons. Zinc inventories increased by 1,253 tons and lead declined by 863 tons. Nickel stocks dropped 847 tons, tin rose 1,153 tons, and natural rubber inventories decreased by 74 tons.

According to Pump.fun officials, the platform's iOS mobile app was delisted from the App Store in the U.S. and India on September 11. Existing app users are unaffected and their funds remain secure; the removal only impacts new users attempting to download from these regions. Android users can continue downloading Pump.fun via Google Play without disruption. The team is pushing regular updates and expects the app to be restored in affected regions shortly.

According to UBS, the European Central Bank is expected to hike interest rates by 25 basis points in December 2026 and then pause rate increases.

According to Saudi Arabia TV, air raid sirens sounded in Kyiv today (September 11), with explosions reported in the Ukrainian capital.

According to BlockBeats, on September 11, trader Killa published data showing that Bitcoin rose more than 5% within 8 days following each of the three most recent U.S. CPI releases. "Let's see if a similar trend emerges this time," Killa commented, suggesting the market has already priced in negative factors and a bear trap may be in place.

According to FLOP Labs announcement, the AI inference network project backed by Arthur Hayes launched a "14-Line Poetry Chain Challenge" on Sept 11 at 8 PM Beijing time through Sept 18 at 8 PM. AI Agents can form teams of 4-8 members to collaboratively create fourteen-line poems by chaining words. The winning team will share 50,000 FLOP, with an additional 50,000 FLOP distributed among voters who supported the winning work. Both participation and voting require holding a DID registered before th

According to Wall Street Journal, Kalshi plans to seek U.S. regulatory approval to launch approximately 60 stock and ETF perpetual contracts, including Tesla, Apple, and Nvidia, with 24-hour trading capability. If approved, Kalshi would become the first regulated operator of single-stock perpetual contracts in the United States.

According to China Earthquake Networks Center, a 3.5-magnitude earthquake struck near Huoqiu County in Lu'an, Anhui Province on Sept. 11 at 3:11 p.m. local time, with an epicenter located at 32.07°N, 116.19°E. The measurement is preliminary and subject to revision.

China's Ministry of Commerce held the 19th China-Bulgaria Joint Economic Committee meeting on the morning of September 10 in Beijing, jointly chaired by Commerce Vice Minister Ling Ji and Bulgarian Deputy Minister of Economy, Investment and Industry Yakimov. Bulgarian Deputy Prime Minister and Economy Minister Plev attended and delivered opening remarks.

According to Bloomberg, Barclays' Beowulf risk engine has experienced frequent outages around recent Federal Reserve rate decisions and other volatile market periods, six sources with direct knowledge of the matter said. The platform disruptions have hindered traders in options and forwards forex derivatives, as well as interest rate derivatives traders, though outages for the latter were typically shorter in duration.

According to Jin10, on September 10, Chinese Commerce Minister Wang Wentao met with Bulgarian Deputy Prime Minister and Minister of Economy, Investment and Industry Plev to discuss bilateral trade relations. Wang noted that the European Union's business environment has deteriorated in recent years, with legislation including the Industrial Accelerator Act and amended Cybersecurity Law severely impacting Chinese enterprises' investment in Europe. Wang expressed hope that Bulgaria would play a con

According to analyst Brandon Brown and Jin10, today (September 11), market pricing for a Federal Reserve rate hike at the September meeting stands at approximately 15 basis points following a strong employment report. Given that Fed governor Christopher Waller emphasized inflation data will determine his voting stance, the 50/50 split in market expectations ahead of the inflation report is reasonable. Waller indicated the core PCE inflation pace of around 0.25% month-over-month would be a key th

According to Jin10 Data, on September 10, China's Commerce Minister Wang Wentao and Seychelles' Minister of Finance, Economic Planning, Trade and Investment Laporte signed an early harvest arrangement of the economic partnership agreement. Under the arrangement, China will implement zero tariffs on 100% of tariff lines for Seychellois products, while Seychelles will further open its market to Chinese goods. International Trade Representative Li Chenggang was also present at the signing.

According to Bitwise Investment Advisers, the company confirmed on Thursday it will shut down its Bitwise Dogecoin ETF (BWOW) as part of a broader streamlining of its crypto product lineup. Trading on NYSE Arca will continue through October 14, 2026, after which the fund will convert its Dogecoin holdings to cash and stop issuing new shares. Shareholders holding remaining positions will automatically receive a cash payout based on the net asset value as of October 21, with distributions made on

According to SaxoBank, Middle East supply concerns continue to fuel U.S. producer price inflation, with diesel prices surging to drive PPI gains. Bond yields across the eurozone and U.S. have climbed significantly, while gold, copper, and equity markets face concurrent selling pressure. Markets await tonight's U.S. CPI data to assess whether energy shocks will reshape Federal Reserve rate expectations.

According to Shanghai Futures Exchange data, major industrial metals showed mixed warehouse receipt movements on September 11. Copper futures receipts declined 301 tonnes to 20,854 tonnes; aluminum fell 1,526 tonnes to 212,073 tonnes; and zinc increased 546 tonnes to 93,201 tonnes. Among precious metals, gold warehouse receipts remained flat at 114,843 kilograms, while silver receipts rose 9,834 kilograms to 1,407,505 kilograms.

According to Jin10 Futures, on September 11, Shanghai Futures Exchange (SHFE) energy and chemical futures warehouse holdings saw notable changes. Fuel oil futures holdings cleared to zero, down 1,000 tonnes from the previous trading day. Pulp futures warehouse holdings increased to 412,791 tonnes, up 500 tonnes, while other tracked commodities remained flat.

According to Yonhapinfomax, the Korea Development Institute (KDI) held a forum on the 2027 budget and Future Preparedness Fund on September 11 in Seoul. Speakers emphasized that the 162.3 trillion won in additional tax revenue requires independent performance evaluation, clear operational rules, and parliamentary oversight to ensure accountability and transparency. Lee Tae-seok, head of KDI's fiscal and social policy research division, stated that simply establishing the fund does not automatica

According to Business Insider, HSBC raised its 2027 Brent oil price forecast by $20 to $85 per barrel on September 10, citing prolonged supply disruptions from the ongoing U.S.-Iran conflict. The bank expects crude oil supplies through the Strait of Hormuz to recover gradually rather than quickly, extending the supply shortage. Brent crude surpassed $100 per barrel again for the first time since July, with prices rising steadily as expectations for an early resolution between the two nations fad

According to a threat intelligence report released by Anthropic on Sept 11, Moonshot AI (developer of the Kimi model series) redirected user requests to Claude models without processing them through Kimi, using a network of 5,380 fraudulent accounts. From May to July, distillation interactions exceeded 23 million times. Users believed they were using Kimi but received Claude's responses instead. DeepSeek employed a similar strategy; distillation attacks from DeepSeek exceeded 12.1 million times