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
02:05

Trader Huang Licheng Closes Long Positions as BTC, ETH Approach Liquidation Price on September 2

According to on-chain analyst Yuezhen, trader Huang Licheng (Maji) closed some long positions on September 2 as prices approached his liquidation levels. His BTC was $1,800 away from liquidation, while ETH was $50 away. After rolling long positions into the recent bull run that grew his $150,000 account to $11 million, the subsequent pullback reduced his holdings to $4.5 million.
02:03

Hyperliquid Whales Hold $7.206 Billion in Positions with 0.93 Long-Short Ratio

According to Coinglass, Hyperliquid whales currently hold $7.206 billion in total positions. Long positions account for $3.466 billion (48.1% of holdings) with unrealized profits of $284 million, while short positions total $3.74 billion (51.9%) with unrealized losses of $311 million, reflecting a long-short ratio of 0.93.
HYPE-2.70%
02:03

RBNZ Cuts Official Cash Rate to Support Growth While Tackling Inflation

According to the Reserve Bank of New Zealand, the committee decided today to gradually tighten monetary stimulus while supporting economic growth and employment, aiming to bring inflation back to the 2% midpoint target. The decision reduces the risk of requiring larger OCR increases in the future. The committee will assess inflation risks carefully to ensure inflation returns sustainably to the 2% target midpoint in the medium term.
02:02

Samsung Asset Management's Nasdaq-100 Daily Covered Call ETF Surpasses 1 Trillion Won in AUM

According to Samsung Asset Management, the 'KODEX Nasdaq-100 Daily Covered Call OTM' ETF's assets under management surpassed 1 trillion won on September 2. Year-to-date individual investor net purchases reached 530.2 billion won. The product employs a daily out-of-the-money covered call strategy on the Nasdaq-100 index, targeting monthly distributions with capped annual premium yields of up to 20%.
02:01

Circle Partners with OKX to Expand USDC Liquidity and Trading Markets

According to Foresight News, Circle announced a partnership with OKX to expand USDC liquidity and trading on the OKX platform. The collaboration will support additional USDC-denominated spot, margin, and futures trading markets, providing eligible users with expanded trading options.
02:01

Crypto Taxation Postponement Petition Hits 25,065 Co-sponsors, Surpasses 50% Threshold on Sept 2

According to the National Assembly e-Petition website, a petition calling for a two-year postponement of digital asset taxation reached 25,065 co-sponsors on September 2, exceeding the 50% threshold (25,000 signatures) required before formal committee review. The petition requires 50,000 total co-sponsors to advance to the relevant standing committee. A separate petition seeking complete abolition of crypto taxation surpassed the 50,000 threshold in May and was referred to committee.
02:01

Figure Completes $717M Acquisition of AI-Powered Real Estate Lending Platform Kiavi

According to Foresight News, Figure (Nasdaq: FIGR) has completed its acquisition of AI-powered real estate lending platform Kiavi for $717 million. Figure acquired Kiavi's technology, operating platform, and certain other assets. The platform and technology will be integrated into Figure's network of over 480 ecosystem partners and expand lending services through Figure Connect, its blockchain-native marketplace. Kiavi CEO Arvind Mohan will join Figure as Chief Commercial Officer.
02:01

Berkshire Hathaway CEO Greg Abel to Appear on CNBC Today

According to BlockBeats, Berkshire Hathaway CEO Greg Abel will appear on CNBC's Squawk Box on September 2, early morning ET (around 6 a.m. ET / approximately 6 p.m. Beijing time) for an interview with Becky Quick and others. This marks a rare media appearance by Abel. The show has not yet specified topics, though the interview may touch on the company's stock buyback plans and capital allocation strategies.
02:01

JOHNDOG on Robinhood Breaks $1.02M Market Cap

According to Odaily Meme 速递 monitoring, JOHNDOG on Robinhood has reached a market cap of $1.02 million. The meme coin is built around the "John Dog" character featured on Robinhood's government bond educational page, where the figure appears as an example bondholder. The community has connected this character to the Robinhood Chain ecosystem, framing it as a "native character from Robinhood's official website."
02:00

Whale With 45,000 ETH Faces $4.1 Million Unrealized Loss as ETH Falls Below $2,400

According to on-chain analyst Ai Yie, as Ethereum fell below $2,400 on September 2, a major whale holding 45,000 ETH faces an unrealized loss of $4.1 million. The whale added 28,300 ETH to its position on August 31 when ETH broke below $2,500, bringing its total holding on Hyperliquid to over $107 million (the second-largest ETH position on the platform). The whale's average entry price is $2,486.37, with a liquidation price of $2,252.68.
ETH-2.56%