Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, gold futures on COMEX rose $20 to $4,416.40 per ounce on September 2, as U.S. Treasury yields declined. The two-year U.S. Treasury yield fell nearly 2 basis points, while the dollar index dropped 0.13% to 99.6 amid yen strength. David Meger, metals trading head at HighRidgeFutures, noted that lower rates supported gold's rebound from recent lows.

According to Finance Minister François-Philippe Champagne, Canada's government will extend the fuel consumption tax suspension until January 31, 2027, amid surging energy costs driven by the Iran conflict. Starting February 1, the tax rate will be reduced by half through March 31, before returning to full rate on April 1, Champagne announced at a press conference in Ottawa.

According to the U.S. Central Command, as of September 2, the military has forced 86 commercial vessels to change course, disabled three ships, and boarded and inspected two vessels to ensure compliance with relevant requirements.

On Wednesday (September 2), the ICE Dollar Index fell 0.09% to 99.588 points during New York's closing session, while the Bloomberg Dollar Index declined 0.17% to 1,196.52 points. The ICE index traded between 99.863 and 99.436 points during the day.

On September 2 at 03:00 Beijing time, the onshore Chinese yuan (CNY) closed at 6.7193 against the US dollar, up 9 basis points from Tuesday's night session close. Trading volume reached $36.018 billion.

Meta unveiled its most powerful artificial intelligence model on Wednesday, with the company's chief AI officer stating the new model brings performance closer to leading competitors. Developers gained access to Muse Spark 1.3 starting Wednesday with paid usage available. Meta plans to roll out the update to Instagram, Facebook, and Meta AI users in the coming weeks.

According to a report by Cornell University, a Bitcoin adoption index survey of 25,880 people across 25 countries found that El Salvador, Venezuela, and Nigeria have the highest rates of Bitcoin ownership among respondents. The research, conducted by Morning Consult from December 16, 2024 to March 10, 2025, showed that in economies with unstable currencies and limited access to U.S. dollars or reliable banking services, Bitcoin serves more as a practical alternative than a speculative tool. The

According to Money Today, Korean securities firms sold equity-linked wrap products totaling hundreds of billions of won in July, with Korea Investment Securities leading at 200 billion won, followed by KB Securities at 160 billion won, Shinhan Investment at 85 billion won, NH Investment at 50 billion won, and Samsung Securities at 45 billion won. However, the Kospi index has fallen 25.44% over the past three months without recovery, leaving these products exposed to losses. Target-type wrap prod

Euroclear and HSBC have partnered to launch AutoFX, an automated foreign exchange service designed to help securities market participants prepare for Europe and the UK's move to T+1 settlement in October 2027. The service, scheduled to go live in early 2027, will combine Euroclear's settlement infrastructure with HSBC's FX pricing, currency conversion and liquidity capabilities. AutoFX aims to reduce operational risk by automating FX activity that can otherwise delay securities transaction fundi

According to Fiscal.ai, FuelCell Energy (FCEL) posted Q3 revenue of $33 million, down 29% and missing Wall Street expectations of $38.8 million. The company reported a loss of $0.64 per share, wider than consensus estimates of a $0.41 per share loss. Revenue decline was attributed to fewer module deliveries to Korean customers and reduced power generation revenue. FCEL stock fell 8% following the announcement, hitting its lowest level since June. CEO Jason Few remained bullish, noting the compan

CME's Henry Hub Natural Gas Futures reached a new open interest record of 1,807,497 contracts yesterday (September 1), according to the exchange's data.

According to i24News, Israel warned Britain on Wednesday that it would take major retaliation if the UK implemented sanctions on West Bank settlements.

New Jersey's Attorney General Jennifer Davenport and gaming enforcement interim director Mary Jo Flaherty filed a petition for a writ of certiorari to the US Supreme Court on Wednesday, September 2, seeking the court to resolve whether state authorities or federal agencies have jurisdiction over prediction market companies. The petition challenges an April ruling from the US Court of Appeals for the Third Circuit and centers on whether the 2010 Dodd-Frank Wall Street Reform and Consumer Protecti

According to Odaily, U.S. President Donald Trump stated on September 2 that the stock market remains unaffected by recent developments and will rise in the coming period. Trump dismissed concerns, asserting investor confidence should remain intact.

The Wyoming Stable Token Commission announced Wednesday it has adopted Chainlink Proof of Reserve to publish verified data on Frontier Stable Token (FRNT) reserves and token supply onchain. The integration combines independent examinations by The Network Firm with Chainlink's infrastructure to provide near-real-time visibility into FRNT's backing between reporting periods. The commission is also working to adopt Chainlink's Secure Mint feature, which would require verified reserves to match or e

LIT dropped 8.90% in just 5 minutes to a current price of $0.312391. The rapid decline has underscored heightened volatility in the token's trading activity, with the price action potentially driven by large wallet movements or increased selling pressure. Over the past 24 hours, LIT has fluctuated between a low of $0.312243 and a high of $0.346626, representing an 8.25% decrease from the day's peak. The token currently holds a market cap of $14,111,443.

According to Globe and Mail, Ukrainian President Volodymyr Zelenskyy is planning to visit Canada next week, though the trip has not been finalized, sources said.

WTI October crude futures rose $0.79, or 0.87%, to settle at $91.01 per barrel today. Abu Dhabi Murban crude gained 0.10% to $106.26 per barrel. NYMEX October natural gas futures closed at $2.9560 per million British thermal units, while October gasoline futures settled at $3.1038 per gallon and October heating oil at $4.6822 per gallon.

According to CEO Phong Le in a Bloomberg Crypto interview on September 1, MicroStrategy purchased 4,603 BTC for $369.7 million between August 24 and 30, at an average price of $80,318 per bitcoin. The purchase brought total holdings to 845,050 BTC, acquired for approximately $63.73 billion at an average cost of $75,412. Le said the company does not buy or sell bitcoin based on price alone, but rather on "cost of capital." MicroStrategy sold roughly 7,000 BTC in the summer at an average $60,000 t

Shanghai Futures Exchange crude oil futures contract 2610 closed up 2.57% at 694.70 yuan per barrel in the night session on September 2. Shanghai gold futures rose 0.86%, while Shanghai silver futures gained 1.06%.