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
20:57

Spot Gold Rises 1.4% to $4,389.36 on Wednesday, Silver Gains 1.97%

On Wednesday (Sept. 2), spot gold rose 1.39% to $4,389.36 per ounce at the New York close, while spot silver gained 1.97% to $65.34 per ounce. The Philadelphia Gold & Silver Index advanced 3% to 403.57, and the NYSE ARCA Gold Miners Index climbed 1.91% to 2,794.88.
20:55

GoPro Completes $285M Merger with Starman Optical; Stock Jumps 40% on September 1

According to Maeil Business, on September 1, GoPro finalized a merger agreement with Starman Optical, a U.S. optical and photonics company specializing in AI datacenter infrastructure. Starman will pay GoPro shareholders $285 million in cash, acquiring approximately 90% post-merger ownership. GoPro shares surged 40.38% to $1.23 on the news. YouTuber Markiplier, who recently acquired an 8.5% stake, becomes the company's largest individual shareholder.
20:52

NPC Surges 206% in August as KAITO Crashes 67.87%, September Bearish Trend Looms

According to Bitcoin.com News, in August 2026, the meme coin NPC price surged 206%, outpacing Helium Network's HNT which rose 188.70%. Meanwhile, KAITO experienced the steepest decline, losing 67.87% against the U.S. dollar. Historically, Bitcoin has ended lower in 8 of the past 13 Septembers, with altcoins typically following similar downturns. This bearish seasonal pattern suggests added volatility ahead for the broader crypto market.
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NPC0.26%
KAITO0.36%
HNT-13.30%
BTC-0.02%
20:51

Pentagon Defense Official Sold $5M–$25M Perplexity Stake in June, Disclosures Show

According to The Guardian financial disclosures, Emil Michael, the Pentagon's undersecretary of defense for research and engineering, sold his Perplexity AI stake in June for between $5 million and $25 million. The sale marks his third AI-adjacent stock exit this year, following a $24 million profit on xAI in January and at least $5 million from a Brex stake in April. Michael has been the Pentagon's public face in pushing to blacklist Anthropic, which competes directly with Perplexity and xAI fo
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20:51

Trump Ready for Additional Iran Strikes Following Weekend Airstrikes, September 2

According to the White House, President Donald Trump stated on September 2 that military operations against Iran may not take long. During a press conference at the White House, Trump said the U.S. is ready to conduct additional strikes whenever needed, threatening further military action against Tehran. Trump described recent airstrikes targeting Iranian equipment along the Strait of Hormuz, stating the U.S. destroyed both defensive and offensive systems. He noted that weekend operations target
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20:43

Microsoft to Start Disclosing Azure Quarterly Revenue; Q2 Growth Hits 42% to $29.42B

According to CNBC, Microsoft announced on Wednesday that it will start disclosing quarterly revenue for its Azure cloud business for the first time. The change is part of a broader restructuring of the company's operating segments from three to two, a shift in place since 2015. Azure revenue grew 42% to $29.42 billion in the June quarter, representing almost 33% of Microsoft's total revenue. The company's new reporting structure will consolidate into two segments: Agents and Infra (including Azu
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20:42

Federal Court Orders Six Defendants to Pay $5.5M for NanoBit Fake Crypto Platform Fraud on June 16, 2026

According to TechTimes, on June 16, 2026, a federal court in the Eastern District of New York ordered six defendants to pay $5,518,902 for operating NanoBit, a fake cryptocurrency trading platform that defrauded 18 victims of approximately $967,000 between October 2023 and June 2024. The defendants posed as financial professionals on WhatsApp, directing victims to deposit funds into the platform which displayed fabricated profits and fabricated trades. The defendants falsely claimed affiliation
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20:34

Snowflake Surges 22% on Earnings Beat, CoCo AI Gains Momentum

According to CNBC, Snowflake shares surged 22% in extended trading on Wednesday after the data analytics software maker reported fiscal Q2 results that beat expectations. The company posted adjusted earnings per share of 62 cents versus 45 cents expected and revenue of $1.55 billion versus $1.48 billion consensus. Revenue grew 35% year over year in the quarter ended July 31. Snowflake attributed the outperformance partly to gains from its CoCo artificial intelligence coding agent, which now has
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20:34

Nasdaq Golden Dragon China Index Falls 0.05% to 6051.33; Sungrow Power Gains 5.5%

On September 2, the Nasdaq Golden Dragon China Index fell 0.05% to close at 6051.33. Among major Chinese tech stocks, Sungrow Power Energy led gainers with a 5.5% rise, followed by Meituan up 4.4% and Xiaomi up 2.2%. In declines, Century Link fell 2.3%, while Alibaba and MediaTek each dropped 0.9%. The Chinese Technology Index ETF (CQQQ) declined 0.10%, while the China Internet ETF (KWEB) rose 0.04%.
20:32

Blockchain Association Announces Clarity Act Framework Discussion on September 10

The Blockchain Association announced the Clarity Act initiative on September 10 at Stablecon, aiming to establish a regulatory framework that clarifies the roles of the SEC and CFTC in governing U.S. digital asset markets. The discussion, featuring speaker Summer Mersinger, will address jurisdictional disputes between the two regulators. Blockchain Association members receive a $300 discount for participation.
20:30

Coinbase Appoints Anthony Armstrong to Board and Audit Committee

According to Coinbase's official announcement, Anthony Armstrong will join the company's board of directors and audit committee. Armstrong recently served as chief financial officer (CFO) of xAI and X Corp, and previously spent nearly a decade at Morgan Stanley leading global technology mergers and acquisitions, as well as holding a position at the U.S. Department of Government Efficiency.
20:29

Gold ETF Bounces 1.52%, Small-Cap Russell 2000 ETF Leads on Sept 2

On Wednesday (Sept 2), gold ETF surged 1.52%, while Russell 2000 small-cap index ETF rose 1.18%, topping major U.S. equity asset class ETFs. Long Japanese yen, emerging markets, and Dow ETF also posted modest gains of 0.93%, 0.57%, and up to 0.54%, respectively. Conversely, agricultural commodities declined, with the Volatility Index (VIX) dropping 2.86%.
20:22

Hike Odds Hit 70%, Up from 40%, as Bitcoin Faces Pressure Amid Gold Retreat

According to CryptoTwitter commentator Ran Neuner, interest rate hike odds have risen to 70% from 40% last week, driven by energy prices and monetary policy discussions at Jackson Hole. This shift is adding downward pressure to Bitcoin as gold prices retreat from their August rally gains, potentially signaling similar weakness in the crypto market.
BTC-0.02%
20:22

Silhouette Launches RFQ System on Hyperliquid for xStocks Trading on September 1

According to FinanceFeeds, Silhouette launched its request-for-quote (RFQ) system on Hyperliquid mainnet on September 1, enabling traders to request prices from multiple market makers and settle winning quotes onchain for tokenised equities (xStocks). The RFQ mechanism allows traders to execute large positions through dedicated market makers rather than the exchange's standard onchain order books. Meanwhile, xStocks have reached $40 billion in cumulative trading volume, attracted over 200,000 ho
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HYPE-1.80%
20:21

Anthropic Repairs Relationship With Trump Administration on National Security, Commerce Secretary Says

U.S. Commerce Secretary Lutnick stated on September 3 that Anthropic has repaired its relationship with the Trump administration, resolving months of sharp disagreements over national security issues. Lutnick said both sides have "gotten their act together" after initial tensions, with the administration helping bridge the gap and securing the company's support. This follows June, when the Commerce Department briefly imposed export controls on two of Anthropic's top AI models before lifting the
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