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
12:49
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Meta Rises on Muse AI Launch; JPMorgan Upgrades to Overweight With $820 Target, Oppenheimer Skeptical

According to Oppenheimer and JPMorgan, Meta shares gained on Thursday following the launch of its Muse AI agent. Oppenheimer maintained a 'Perform' rating and said it does not see Muse as a "game changer," citing concerns around consumer demand and monetization. Meanwhile, JPMorgan upgraded Meta to 'Overweight' from 'Neutral' and raised its price target to $820 from $640, pointing to meaningful upside potential as the company expands frontier models and AI-driven products beyond advertising.
12:48
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Wall Street Bets on Divided Congress Ahead of November U.S. Midterms

According to Jin10 Data, prediction markets expect Democrats to gain control of the House while Republicans maintain a slight advantage in the Senate in November's midterm elections. Investors view this divided government scenario as ideal for minimizing disruptive policy risk. Volatility futures linked to the Chicago Board Options Exchange VIX (Chicago's benchmark volatility index) show rising demand to hedge potential market swings in early November. Evercore ISI recommends traders use put spr
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12:45
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Four U.S. Western States Issue Red Flag Fire Warnings on Sept 10 Amid 25-45 mph Winds

According to Jin10, on September 10, Idaho, Wyoming, Montana, and North and South Dakota issued red flag fire warnings as sustained winds of 25 mph and gusts reaching 45 mph heightened fire risks across the U.S. West. Northern and eastern Nevada also issued fire weather watch alerts. Extreme heat warnings remained in effect for California and parts of Nevada and Arizona, with temperatures reaching 98 degrees Fahrenheit (37 Celsius) in Stockton and 96 degrees (35.6 Celsius) in Los Angeles, where
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12:45
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Coinbase Partners with Moov to Offer Stablecoin Payments to 1,000+ Community Banks

According to PANews, Coinbase partnered with payment infrastructure provider Moov on September 10 to deliver stablecoin payments, settlement, and real-time fund services to over 1,000 community banks and credit unions served by Moov. The collaboration embeds Coinbase's regulated digital asset infrastructure, including custody wallets and Payments API, directly into Moov's platform, enabling financial institutions to offer consumers stablecoin payments, merchant acceptance, settlement, and fund t
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12:37
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Stablecoin Market Shows Extreme Consolidation, Tether and Circle Dominate $100B+ Segment: ARK Invest

According to ARK Invest analyst Lorenzo Valente, cited by ChainCatcher, the stablecoin market exhibits significant concentration driven by network effects. Stablecoins exceeding $10 billion in market capitalization have grown from single digits in 2021 to just 12 as of September 2026, while those surpassing $100 billion have declined from 2022 peaks, now limited to Tether and Circle. Valente projects that reaching the $100 billion tier remains extremely difficult; the $1 trillion segment may see
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12:36
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Liquid Network Resumes Block Production but Suspends Transactions on September 10 Following Hacker Attack

According to PANews, Liquid Network resumed block production at 10:00 UTC on September 10 as part of a controlled recovery phase following a hacker attack, but transactions remain suspended as a precautionary measure. Blockstream reported that all required Functionary node and bridge node updates have been successfully deployed, with Functionary nodes now signing and verifying blocks as expected. Peg-out operations and Bitcoin-Liquid Bitcoin reserve recovery efforts remain paused while the netwo
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