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
13:05
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Fed's Goolsbee: Mixed Inflation Pressures Affect Rate Pace More Than Terminal Level

Federal Reserve official Austan Goolsbee commented on mixed inflation pressures from both supply and demand sides, saying the impact on the pace of rate decisions is greater than on the terminal rate level. If inflation is primarily demand-driven, the Fed's rate response would need to be more aggressive and front-loaded, Goolsbee noted. Recent inflation data suggests supply shocks are weakening, with some current pressure stemming from demand. Given the mixed nature of inflationary pressures, th
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13:02
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Gate to Launch Unified Platform Covering Crypto, Stocks, FX, and Gold, CEO Says

According to Odaily, Gate CEO Dr. Han announced during the Gate Voyage event in Bali that the platform is expanding its service scope to include digital assets, stocks, wealth management, payments, wallet services, and Web3. The company previously focused primarily on product and trading features. Looking ahead, Gate plans to introduce a new unified product targeting daily user needs across multiple financial services. The platform will cover digital assets, stock trading, foreign exchange, gold
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13:02
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Chicago Fed Chief Warns Rate Hikes May Cut Jobs, Wages as U.S. Inflation Holds at 3.7%

According to Chicago Federal Reserve President Austan Goolsbee, on Monday (Sept. 21), the Federal Reserve may need to raise interest rates to combat persistent inflation, even if it means employment and wages decline. Speaking at the OMFIF forum in London, Goolsbee warned that supply shocks have become a structural feature of the economy rather than temporary disruptions, citing post-pandemic supply chain issues, oil prices hovering near $100 per barrel, and escalating tariffs. U.S. inflation st
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13:01
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Core Lightning Urges Node Operators to Disable Experimental Feature Over Channel Fund Vulnerability

According to Bitcoin News, Core Lightning urged node operators to immediately disable an experimental feature after developers discovered a vulnerability that could put channel funds at risk. The warning marks the second security alert from Core Lightning within weeks, following an August patch and the 26.06.7 upgrade released after a series of AI-generated CVE reports. The developers have not yet disclosed how the vulnerability could be exploited.
BTC6.02%
12:58
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Saudi Arabia Sees Surge in Persian Gulf Crude Oil Loadings Over the Weekend, Up 14M Barrels

According to satellite data from the EU's Sentinel 2 satellite, Saudi Arabia significantly increased crude oil loading capacity at export facilities along its Persian Gulf coast over the weekend, reaching 14 million barrels—the highest level since at least June. This marks the clearest indication that the kingdom is shifting export focus back through the Strait of Hormuz following the closure of its critical East-West Pipeline earlier this month. The pipeline shutdown has forced Saudi Arabia to
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12:54
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Aster Launches VERONA USDT Perpetual Contracts, Starts $30,000 ASTER Trading Competition on September 21

According to Aster's official announcement, VERONA USDT perpetual contracts went live on September 21 at 8:00 PM (Beijing time). The trading competition runs through September 26 at 10:00 PM, with rewards totaling $30,000 in ASTER tokens plus additional VERONA rewards. User payouts are calculated based on the proportion of trading volume during the campaign period, with individual participants capped at 3% of the total reward pool.
ASTER4.17%
12:54
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Gulf States Call for Restarting Relations with Iran Amid Regional Tensions, Sept 21

According to Jin10, on September 21, Gulf states called for restarting relations with Iran, with Qatar's Prime Minister calling the ongoing conflict a "wake-up call" during a UN General Assembly event. "We must act responsibly as a region and ensure good relations with Iran," the Prime Minister stated. The UAE's presidential foreign policy adviser separately urged Arab nations to engage in dialogue with Tehran, noting that negotiations between Tehran and Washington "have made no real progress."
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12:52
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China's First 10,000-Ton Grain Air Membrane Silo Completes Film Inflation in Changchun on September 19

According to Jie Jie, China National Cereals, Oils and Foodstuffs Corporation completed film inflation for the nation's first 10,000-ton grain air membrane silo in Changchun, Jilin on September 19. The project plans to build four air membrane silos, each with a diameter of 30 meters and height of 29 meters. This marks the first practical application of large-scale air membrane grain storage facilities in Northeast China's sub-zero region, setting a new domestic record for single-unit capacity co
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12:50
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Russia and Turkey Cooperate on Black Sea Shipping Safety, September 21

According to Russia's International News Agency TASS, on September 21, Russia's Foreign Ministry spokeswoman Maria Zakharova stated that Russia is working closely with Turkey to ensure Black Sea shipping safety. This follows Turkish Foreign Minister Hakan Fidan's announcement that Turkey has submitted a proposal to Russia aimed at ending hostilities in the Black Sea and is awaiting Moscow's response.
12:46
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Treasury Secretary Bessent, Trump Express Confidence in Fed Chair Powell

According to Jin10, U.S. Treasury Secretary Bessent recently expressed confidence in Federal Reserve Chair Powell, stating that Powell will make correct decisions for the Fed's mission. President Trump also expressed confidence in Powell. Bessent added that core inflation has not risen and all indicators remain unchanged.
12:46
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Circle Launches DABB Feature on Arc and Ethereum, Allowing BTC Collateral for USDC Loans

According to ChainCatcher, Circle has launched its digital asset collateralized borrowing (DABB) feature on Arc and Ethereum networks, now available to qualified Circle Mint institutional clients. Customers can deposit Bitcoin, mint Circle-wrapped Bitcoin (cirBTC), and use it as collateral to borrow USDC through third-party lending markets, with proceeds settling directly to their Circle Mint account balances. Borrowed USDC can be repaid to unlock the collateral without selling the underlying Bi
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BTC6.02%
12:45
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Microsoft Price Target Raised to $440 by Redburn as AI Safety Debate Continues

According to Redburn, Microsoft's price target was raised to $440 from $400 on Monday, September 21, with a maintained Neutral rating, citing higher valuation multiples following a software-as-a-service re-rating. The firm updated its model following Microsoft's latest earnings report, The Fly reported. The revised target reflects the company's AI-related positioning amid industry debate over AI buildout pace and risks. Microsoft AI chief Mustafa Suleyman said concerns over China's AI progress s
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12:44
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Einride Partners With Nvidia to Expand Autonomous Trucking, ENRD Shares Rise 7% in Pre-market Trading

Autonomous trucking operator Einride announced today in pre-market trading a partnership with Nvidia to expand its autonomous-driving system, with shares of Einride (ENRD) rising around 7%. The company will build the next generation of its Einride Driver platform on Nvidia's Drive Hyperion infrastructure and leverage Nvidia's Blackwell processors to train and test autonomous-driving models. Einride expects its fleet to grow to between 1,500 and 2,000 vehicles by 2028, with approximately 80% of t
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12:44
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Wells Fargo Raises Meta Price Target to $796 From $640, Highlights Muse as Key Focus at Connect

According to Wells Fargo, on September 21, the firm raised its Meta (META) price target to $796 from $640 and maintained an 'Overweight' rating, implying roughly 19% upside from the previous close. The analyst expects investors at Meta Connect—scheduled for September 23-24—to focus on Muse usage metrics and Meta's latest AI models. Meta launched Muse on September 8 as a personal AI agent capable of performing tasks such as sending emails, booking travel, and filling out forms. The service is rol
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