Gate Crypto Flash News and Market Updates

The House Financial Services Committee advanced H.R. 8957, the American Reserve Modernization Act, just days after the Senate failed to pass the CLARITY Act on a 49-50 procedural vote. The bill would establish a statutory framework for a federal Strategic Bitcoin Reserve, requiring government-held Bitcoin to be subject to a minimum 20-year holding period, limiting asset sales and enhancing transparency on federal holdings.

The U.S. House of Representatives passed legislation on September 16, imposing sanctions and tariffs on Russia with a vote of 262 to 159, with President Trump expected to sign it into law.

According to Yomiuri, Japan's Trade Minister Ryosei Akazawa will remain in his position in Prime Minister Takaichi Sanae's government today (September 16).

According to Guru Club, onshore Chinese yuan (CNY) strengthened to 6.7101 against the U.S. dollar as of 03:00 Beijing time on September 17, up 11 points from Tuesday's night session close. Trading volume reached 404.67 billion U.S. dollars.

According to Guru Club, the Federal Reserve raised interest rates on September 17 for the first time in three years. The Fed's dot plot median projection shows one additional rate hike this year (2026) and no changes in 2027. The projections indicate rates will decline in 2028 and settle between 3.5% and 3.75% in 2029. The Fed also raised its long-term federal funds rate target to 3.2% from the previous 3.1% estimate. Policymakers now expect inflation to remain elevated over the coming years com

According to Guru Club, U.S. Senate Majority Leader John Thune expressed hope today (Sept 16) that the CLARITY Act would regain momentum for passage.

According to Guru Club, on September 17, Anthropic merged Claude's collaboration and chat features into a single application.

On Wednesday, Nike (NKE) closed at $35.78, down 1.2% and 53% below its 52-week high of $76.97, marking a 12-year low. The stock has lost more than 40% in 2026. Morgan Stanley recently issued a $31 price target, signaling further downside potential. The decline reflects mounting operational challenges: Nike Direct sales fell 4%, digital revenue declined 9%, and Converse revenue dropped 35% in the latest quarter. Greater China Nike Brand revenue declined 7%, while margins faced pressure from tarif

According to Bloomberg, U.S. authorities are tracking cyber threats targeting approximately 20 vessels globally, with multiple commercial ships identified as potential targets in late August. The U.S. Coast Guard has requested advance notification if any of these vessels plan to enter American ports, while officials from the Cybersecurity and Infrastructure Security Agency (CISA) and the FBI are jointly pursuing the matter. Hackers have not successfully gained control of the targeted vessels, ac

According to Jeff Gundlach, CEO of DoubleLine Capital, interviewed by CNBC on September 16, the Federal Reserve should have raised rates by 50 basis points instead of 25 basis points at today's FOMC decision. Gundlach said a larger hike could have recalibrated market rates toward the federal funds rate level, adding that Fed Chair Kevin Wash's press conference remarks were "very sparse" and lacked transparency. Gundlach also disagreed with Wash's plan to establish a task force to evaluate key op

According to CME Fed Watch Tool, as reported by Jin10 on Sept 17, after the Fed's September rate hike, the probability of the Federal Reserve maintaining rates at 3.75%-4.00% in October stands at 50.2%, while a 25 basis point hike carries a 49.8% probability. Looking to December, the Fed has an 11.3% probability of holding rates unchanged, a 50.1% probability of a cumulative 25bp increase, and a 38.6% probability of a cumulative 50bp increase.

According to Reuters, Intel discussed yesterday with SK Hynix, a South Korean chipmaker, regarding the potential production of memory chips in the United States. Intel stock rose 4% on Wednesday. Under consideration are options including SK Hynix leasing a portion of Intel's planned Ohio facility or establishing a joint venture with Intel or other companies. Both companies are currently in the exploratory stage, and discussions may not result in a commercial agreement.

On Thursday, WTI crude oil futures fell 0.6% during the Asia-Pacific session as Saudi Arabia began addressing an outage in its east-west pipeline.

According to Farside Investors, the 12 U.S. spot Bitcoin ETFs saw combined net outflows of $450.4 million on Sep. 15, wiping out the prior session's $159.9 million inflow. Fidelity's FBTC led redemptions with $214.8 million, followed by BlackRock's IBIT at $161.7 million and Grayscale's GBTC at $44.1 million. The last comparable outflow occurred on June 25 ($696.29 million). The Senate failed to advance the Digital Asset Market Clarity Act (CLARITY Act) after the measure did not secure the requi

According to ChainCatcher, a whale withdrew 15,300 ZEC cumulatively from Binance, OKX, and Kraken, based on monitoring by Onchain Lens. The withdrawal was valued at approximately $17.92 million.

According to SEC Chair Paul Atkins, the U.S. Securities and Exchange Commission will take decisive action to provide regulatory clarity for American investors and entrepreneurs, whether or not new legislation is passed. Atkins said to "stay tuned" for upcoming developments. This comes after the CLARITY Act faced delays in the Senate.

According to Bitpanda, Co-founder Christian Trummer was appointed Co-CEO effective immediately and will lead the company alongside CEO Lukas Enzersdorfer-Konrad during a transition period. Enzersdorfer-Konrad is set to leave in Q1 2027 to join Erste Group as Executive Director Asset Management. Bitpanda's Frankfurt IPO remains delayed, with Enzersdorfer-Konrad citing unfavorable market conditions. The Austrian investment platform had targeted a listing in H1 2026 at a valuation of €4-5 billion b

On Wednesday, the House Ways and Means Committee approved the Digital Asset Tax Certainty Act and advanced it to the full House. The proposal covers transaction fees, stablecoins, mining, staking, and lending activities. Committee Chairman Rep. Jason Smith noted the legislation is the result of more than a year of bipartisan work aimed at bringing clarity to digital asset taxation. The bill must still pass both chambers of Congress in identical form and receive the president's signature before b

According to Bloomberg, a 10-bank consortium has provided Crux AI, a joint venture of Blackstone and Alphabet, with a $22-billion debt facility on Wednesday. The loan includes a primary $22-billion term facility plus a separate $1-billion revolving credit line. The debt is secured by the market value of Google-designed Tensor Processing Units (TPUs) and Crux AI's underlying customer contracts. The banking group includes Goldman Sachs, Sumitomo Mitsui Banking, Barclays, BNP Paribas, and Bank of N

According to Jin10 data compilation, over the past 24 hours as of September 17, Ukrainian forces reported killing a Russian general in Donetsk, while launching drone strikes on refineries in Russia's Bryansk region. Russia's Defense Ministry stated it struck Ukrainian energy and transport infrastructure supporting armed forces, while a Russian warship fired warning flares at a Danish helicopter. Ukrainian refineries in Syzran and Saratov ceased operations following drone attacks. Ukrainian Presi