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
04:23
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PayPal Launches PYUSDx Stablecoin Platform, Enables $100M+ in Early Trading

PayPal launched PYUSDx on September 10, 2026, a stablecoin issuance platform enabling businesses to create custom digital currencies backed by PayPal USD (PYUSD). Developed in partnership with M0, a fiat-pegged token infrastructure provider, and MoonPay, a crypto payments company, PYUSDx allows enterprises to build stablecoins without establishing independent infrastructure frameworks. At launch, five companies—Saturn, Concrete, Cap, USD.AI, and Fairblock—have deployed stablecoins through PYUSDx
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04:20
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Japanese Households' Stock and Fund Holdings Hit Record 679 Trillion Yen, Up 44% in Year

According to Bank of Japan data released in June, household holdings of stocks and investment trusts surpassed insurance and pension assets for the first time on record. As of end-March, stock and fund holdings reached 590 trillion yen, exceeding insurance and pensions at 579 trillion yen. By end-June, holdings jumped to 679 trillion yen, a 44% surge year-over-year, while cash and deposits grew only 0.5% to 1,131 trillion yen. The shift reflects rising equity markets, yen weakness, and adoption
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04:18
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Robinhood Expands to Wealth Management as Trading Drives User Acquisition; Accounts Hit 28M, Revenue Up 24%

According to Robinhood CEO Vlad Tenev on September 19, the company plans to leverage its trading platform—featuring stocks, cryptocurrencies, and prediction markets—as a customer acquisition engine before expanding into long-term wealth services including retirement accounts, investment advisory, banking, and private wealth management. Tenev described active traders as the "engine room" of Robinhood's business. As of Q2 2026, the company reported 28 million funded accounts, up 7% year-over-year,
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03:51
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Bitcoin Spot ETFs See $433M Net Inflows on Sept 18, Led by Fidelity FBTC

According to Farside data, U.S. Bitcoin spot ETFs recorded net inflows of $433 million on Sept 18 (U.S. Eastern Time). Fidelity's FBTC led with $310.7 million in inflows, followed by BlackRock's IBIT with $108.4 million. This marked the second consecutive trading day of net inflows for Bitcoin spot ETFs. Since launching in January 2024, the products have accumulated $5.52 billion in net inflows.
BTC4.86%
03:51
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Linera Announces Immediate Shutdown Due to Insufficient Funding After Token Sale Falls Short of $900K Target

According to CryptoTwitter commentator @WuBlockchain, a16z-backed Layer 1 project Linera recently announced its immediate shutdown due to insufficient funding. The project's token sale on Sonar attracted nearly $900,000 in commitments but fell short of the minimum threshold required. Linera's team communicated the decision on Discord, confirming that all contributions from the token sale would be refunded. Founded by former Meta researcher Mathieu Baudet, Linera had raised approximately $12 mill
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03:49
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OpenAI Expects $278B Negative Free Cash Flow by 2030 as Infrastructure Spending Hits $856B

According to a company presentation, OpenAI expects negative free cash flow of $278 billion from 2026 to 2030 as it increases spending on computing power and infrastructure. Cumulative spending on compute and infrastructure is projected to reach approximately $856 billion by 2030, while revenue is expected to rise from $36 billion this year to $350 billion in 2030. OpenAI secured a $110 billion funding round this year with investment from Amazon, Nvidia, and SoftBank, followed by an additional $
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03:45
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Whale Loracle Faces $3.03M Floating Loss on HYPE Short Position Amid Price Surge

According to ChainCatcher on-chain data, whale Loracle's three-times leveraged HYPE short position is experiencing expanding losses as HYPE price continues to rise. The floating loss has reached $3.029 million, with the position valued at approximately $7.06 million and a return on investment of negative 128.73%.
03:43
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UBS Names 14 Tech Stocks as Top Picks on Thursday, Amazon and Palantir Among Favorites Amid Early-Stage AI Spending

According to MarketWatch, UBS analysts named 14 technology stocks as top picks on Thursday, citing that artificial intelligence spending cycles remain in early stages, presenting multiple opportunities in the sector. The team highlighted several companies benefiting from AI infrastructure buildout, noting that only 8% of surveyed enterprises have deployed AI agents at scale to date. Amazon is UBS's top pick among large internet companies, with a $318 price target implying 25% upside. Analysts ex
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03:43
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Bastion Receives OCC Conditional Approval for National Trust Bank Charter on September 18

According to ChainCatcher, stablecoin infrastructure company Bastion received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter on September 18. Operating as Bastion Platforms National Trust Company, the firm will provide stablecoin custody, wallet services, and white-label issuance solutions for USDC and other GENIUS Act-compliant digital assets. The charter consolidates Bastion's stablecoin operations under a single federal reg
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USDC-0.04%
03:37
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Whale Transfers $362.56M ZEC, Deposits $15M to Coinbase Overnight

According to Arkham, whale address t1Lyq transferred $362.56 million worth of ZEC overnight on September 19, depositing $15 million to Coinbase. This marks the address's first deposit to an exchange in ten months. The tokens originally cost $163.88 million when acquired ten months ago. Since 2025, the whale has realized $361 million in gains on this position.
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03:37
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Yahoo Finance Ends Polymarket Partnership, Removes Prediction Market Data Hub in April

According to Bloomberg, Yahoo Finance ended its partnership with Polymarket in April and removed a hub on its site that displayed the prediction market platform's probability data on economic, government, and market outcomes. Yahoo said the agreement to display Polymarket data had concluded, though the platform still advertises on the site and Yahoo remains open to similar partnerships. Polymarket has faced US regulatory scrutiny since 2022, when the Commodity Futures Trading Commission ordered
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03:33
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Bitcoin Surpasses Tesla in Global Asset Rankings, Hits $1.63T on Sept 19

According to PANews, Bitcoin surpassed Tesla today to reclaim the top 15 position in global asset market cap rankings. Bitcoin's market cap reached approximately $1.63 trillion, up 5.05% over the past 24 hours, while Tesla's market cap stood at $1.438 trillion, down 0.53% following Friday's stock close at $364.27.
BTC4.86%
03:25
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Nvidia-Backed Nscale Files for US IPO with $140.6M H1 Revenue, $1.02B Loss

According to Bloomberg, Nscale, a London-based AI data center developer backed by Nvidia and Microsoft, filed for a US initial public offering on September 18. The company reported revenue of $140.6 million and a net loss of $1.02 billion for the six months ended June 30, according to its SEC filing. Nscale plans to trade on the New York Stock Exchange under the ticker symbol NSCL.
03:22
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Cathie Wood Discusses AI and Bitcoin Convergence in Latest Bitcoin Brainstorm Episode

According to a recent X post, Cathie Wood released a new episode of Bitcoin Brainstorm focusing on the convergence of artificial intelligence and Bitcoin. The episode features discussions with guests from Bitcoin Park. Wood is the founder and CEO of ARK Invest, an investment firm known for its focus on disruptive innovation and technology integration in finance.
BTC4.86%