Gate Crypto Flash News and Market Updates

The Bank of Canada will announce its interest rate decision in approximately 10 minutes.

According to BlockBeats, Dell Technologies stock surged over 11% on September 2, with the company raising full-year guidance above expectations. Second-quarter revenue reached an all-time high, driven by surging demand for AI servers.

According to ChainCatcher, El Salvador added 1 bitcoin to its national reserves this week, bringing total holdings to 7,762 BTC worth approximately $598 million at current prices around $77,000 per bitcoin. The purchase continues despite restrictions from the International Monetary Fund's $1.4 billion financing agreement, which required the government to cease public sector bitcoin acquisitions. Recent legislative amendments removed bitcoin's legal tender status but did not terminate the reserve

According to Uanalyze, Cerebras Systems announced on September 2 a partnership with Compute Nordic Finland to build a large-scale AI data center in Mikkeli, Finland, with total planned capacity of 165MW. The first phase of 50MW has already begun construction, with subsequent expansion to 80MW and 165MW. The companies have signed a seven-year service agreement covering part of the AI computing demand, representing a long-term commitment that provides Cerebras with data center capacity to support

According to SEC filings disclosed on September 2, Cascade Investment purchased 560,100 shares of Republic Services (RSG-US) on August 26-27 at an average price of $220.52 per share, for a total value of approximately $124 million. Republic Services, a leading U.S. waste management and environmental services company, provides garbage collection, recycling, transfer, landfill operations, and hazardous and industrial waste management services, competing alongside Waste Management (WM-US) as a majo

According to Guru Club, the U.S. Dollar Index fell sharply on September 2, sliding to 99.4190.

According to Coinglass data cited by ChainCatcher, over $353 million in liquidations occurred across global crypto markets in the past 24 hours, with long positions accounting for $281 million and short positions for $72.56 million. Bitcoin long liquidations reached $92.16 million against $17.62 million in shorts, while the largest single liquidation order valued $11.99 million occurred on Binance ETHUSDT. Ethereum long liquidations totaled $74.66 million with $14.54 million in short liquidation

According to Max For AI, Saudi Arabian AI firm HUMAIN recently clarified that its newly released M3 model is based on China's MiniMax M3, after initially marketing it as a "100% Saudi model." Both HUMAIN M3 and MiniMax M3 use a mixture-of-experts architecture with 428 billion total parameters and 23 billion active parameters. HUMAIN said it conducted post-training with over 1 trillion Arabic language tokens, enhancing Arabic language capabilities, local cultural understanding, agentic AI, tool c

According to Beating and LatePost, Kimi (Moonshot AI) filed Form A1 with Hong Kong Exchanges and Clearing (HKEx) this week, officially launching its Hong Kong stock IPO process. The company declined to comment on market rumors, stating no information is currently available for disclosure. Separately, Kimi is pursuing a new funding round at a pre-money valuation of $50 billion, which could be its final round before going public.

Ripple has partnered with SettleMint to integrate institutional custody capabilities with tokenized asset management infrastructure across the asset lifecycle. In August, Ripple invested in transfer agency firms ZILO and Licuido to add issuance and collateral-mobility services to the XRP Ledger infrastructure. A live institutional example is Aviva Investors, which launched a tokenized share class of its U.S. Dollar Liquidity Fund on XRPL in July, utilizing Komainu for custody and Licuido for tok

According to OKX, the exchange recently launched Chase Orders for its X-Perps derivatives platform in Europe. The new feature allows limit orders to automatically reprice to the best bid or ask, reducing the need for manual adjustments and enhancing trading efficiency. This innovation aims to streamline the trading experience for users in the platform's European market.

According to GMGN data, the $1 Meme token on Robinhood Chain surged over 990 times in 24 hours, with its market cap breaking $5 million and peaking at $5.9 million. The token's narrative centers on a Trump $1 commemorative coin planned by the U.S. Treasury to celebrate the nation's 250th anniversary. Recent reports indicate the coin is being minted in Philadelphia and will be released this fall, featuring Trump's portrait on one side and an eagle from the presidential seal on the other.

According to Bitget's official announcement, Bitget has launched U-margined AKE perpetual contracts with up to 10x leverage. Contract trading bots are now available for the new trading pair.

According to Tether AI Research, the company released three open-source AI translation models today: QVAC TranslatePsy-AfriSLM, QVAC TranslatePsy-AfriNano, and QVAC TranslatePsy-EuroNano, supporting 19, 8, and 9 languages respectively. The models run entirely offline on mobile phones and laptops without requiring internet connectivity, keeping user data on-device. TranslatePsy-AfriSLM uses only 800 million parameters yet outperforms larger models including Qwen3.5-122B-A10B and NLLB-3.3B on benc

According to Guru Club, artificial intelligence company Owkin and German pharmaceutical firm Boehringer Ingelheim signed a licensing agreement on September 2. Under the deal, Boehringer Ingelheim will use Owkin's AI research platform and patient data to accelerate the development of cancer and immune-related disease drugs. The companies did not disclose the agreement's financial terms.

According to Guru Club, on September 2, KKR hired former executives from Equinix and AES to advance a $10 billion artificial intelligence project.

According to Guru Club, spot gold touched $4,350 today, up 0.52% intraday.

According to PANews, Securitize and Socios announced today a partnership to develop Socios Equity Tokens, enabling compliant tokenization of minority stakes in professional sports clubs. Socios will manage sports industry partnerships and fan engagement, while Securitize's regulated entities will handle securities issuance, investor onboarding, ownership registration, and transfer controls. The global professional sports club market is valued at approximately $500 billion, with the initiative po

Spot palladium rose over 2% intraday, now trading at $1,329.89 per ounce on September 2.