Gate Crypto Flash News and Market Updates

U.S. initial jobless claims for the week ending September 5, along with August PPI month-over-month and year-over-year figures, are set to be released shortly.

According to Fnality, the blockchain settlement company appointed former Bank of England deputy governor Jon Cunliffe to chair its UK board on Thursday as it develops euro and US dollar payment systems. Jochen Metzger, former Deutsche Bundesbank director general for payments and settlement systems, joined the European subsidiary's supervisory board, while Ron Berndsen, a former senior official at the Dutch central bank, also joined the board. Fnality's sterling payment system has been regulated

The European Central Bank raised its GDP growth forecasts for 2026–2028 on September 10. The ECB now expects eurozone GDP growth of 0.9% in 2026, 1.4% in 2027, and 1.5% in 2028, up from June projections of 0.8%, 1.2%, and 1.5% respectively.

The European Central Bank stated on September 10 that it stands ready to adjust all monetary policy tools as needed to ensure inflation stabilizes at its 2% target over the medium term while maintaining smooth monetary policy transmission.

The European Central Bank revised its inflation forecasts, now projecting rates of 3% for 2026, 2.5% for 2027, and 2.1% for 2028. The updates represent slight adjustments from its June forecasts of 3%, 2.3%, and 2% respectively.

EUR/USD dipped slightly to 1.1612 following the European Central Bank's decision to raise interest rates by 25 basis points, which aligned with market expectations.

On September 10, the European Central Bank maintained its main refinancing rate at 2.65%, matching market expectations. The rate increased by 25 basis points from the previous level of 2.40%.

The ECB's deposit facility rate rose to 2.5% as of today (September 10), from 2.25% previously. The increase of 25 basis points aligns with the market expectation of 2.50%.

According to Bitget CFD chief analyst Lewis Huang, the U.S. Producer Price Index (PPI) data set to be released this week will be crucial in determining whether inflation is re-accelerating. With nonfarm payrolls adding 162,000 jobs and the unemployment rate holding at 4.1%, U.S. demand remains resilient, Huang said in a livestream. If core PPI and service prices remain elevated, companies may pass costs to consumers, pushing up consumer prices and prompting markets to reprice expectations for pr

According to OPEC's monthly report, the organization's crude oil production in August averaged 24.08 million barrels per day, up 350,000 barrels per day from July's revised figure of 23.73 million barrels per day. China's oil product net imports increased by 1.93 million barrels per day to 9.24 million barrels per day in the latest period. Meanwhile, the United States' oil product net imports reached minus 3.75 million barrels per day, up 60,000 barrels per day from the previous report.

According to OPEC's latest monthly report, the organization forecasts global crude oil demand at 105.84 million barrels per day in 2026 and 108.19 million barrels per day in 2027.

According to OPEC's September 2026 monthly report, the organization raised its 2027 crude oil demand forecast to 43.9 million barrels per day, approximately 1.6 million barrels per day higher than its 2026 projection.

According to OPEC's monthly report, OECD oil inventories increased by 98 million barrels in July, reaching 2.76 billion barrels.

According to Spark, the protocol will close its SparkLend borrowing protocol on Gnosis Chain on September 14. After service termination, all outstanding loans may face liquidation. Spark advised users to repay debts and withdraw collateral before the deadline to mitigate exposure. The move aims to reduce overall risk and eliminate ongoing maintenance costs.

According to StockTwits, Uber and WeRide secured Spain's first national permit for Level 4 autonomous passenger vehicles on Thursday (September 9), approved by Spain's Directorate General of Traffic. The companies will initially deploy 20 GXR autonomous vehicles in Greater Madrid with in-car specialists for mapping and operational testing. Commercial operations are expected to begin by the end of 2026, marking the fourth city in Uber and WeRide's planned 15-city partnership.

According to Guru Club, WTI crude oil futures rose 3% today (September 10), reaching $98.914 per barrel, marking the highest level since May 22. Brent crude oil futures climbed 2.53%, trading at $103.766 per barrel, also hitting its best price since late May.

Broadridge has launched DLX, a multi-chain infrastructure platform that extends its Distributed Ledger Repo network to connect bonds, equities, funds, money-market instruments and private-market assets alongside token issuance, trading, settlement, custody and distribution. The company's existing Distributed Ledger Repo network processes over $350 billion in daily activity and handled $7.4 trillion in monthly volume during August 2026, providing a production base for the new platform.

According to B2PRIME, the company's second-quarter net profit rose 79% from the first quarter, while first-half trading income reached EUR 56.5 million, already surpassing the EUR 53 million generated throughout 2025. The privately held liquidity and trading-infrastructure provider reported operating profit climbed 74% in Q2, and shareholder equity increased 54% during the quarter, according to a leadership letter from Founder and Executive Director Eugenia Mykuliak and Chief Strategy Officer Al

According to a Canadian Derivatives Clearing Corporation filing and Federal Register document filed earlier this year, options on the Evolve XRP ETF (XRP) and Purpose XRP ETF (XRPP) gained regulatory approval to be offered in the United States through a cross-border framework. The contracts trade on the Montréal Exchange and are cleared by CDCC under Form S-20 registration, creating a regulated route for eligible U.S. participants to access XRP options exposure without relying on offshore perpet

According to OPEC's monthly report released by Jin10 on September 10, Saudi Arabia's crude oil production in August dropped to 6.238 million barrels per day, down 1.9 million bpd, marking the lowest level since 1990, as renewed U.S.-Iran hostilities constrained the country's export routes. The output decline mirrors preliminary tanker-tracking data showing Saudi crude exports fell by roughly one-third to approximately 3 million bpd. Meanwhile, Brent crude futures broke through $100 per barrel th