Gate Crypto Flash News and Market Updates

Japan's domestic corporate goods price index rose 7.6% year-over-year in August, exceeding the forecast of 7.40% and up from 7.20% in July, according to official data.

According to Trump's statement on Fox News Thursday night, the U.S. president said he plans to block Democratic-led legislation if Democrats regain control of the House and Senate following the midterm elections. Trump stated he would become a "blocker" but also expressed willingness to negotiate deals with Democrats. "They will have their demands, and you can make deals with them," Trump said. The comments reflect his contingency strategy should Republicans lose their current congressional majo

According to Citigroup, the Reserve Bank of Australia is expected to raise its policy rate twice more in 2026, bringing the final rate to 4.85%, up from the bank's previous forecast of 4.60%. The forecast revision reflects dual-speed economic growth, driven by deepening real estate adjustments and investment surge in artificial intelligence, which has intensified capacity constraints and inflation pressures. Citigroup previously expected only one rate hike.

According to Yonhapinfomax, Hana Financial Group acquired a 6.55% stake in Dunamu, South Korea's largest cryptocurrency exchange operator, for approximately 1.0033 trillion won (about $750 million) through a board decision in May 2025. The acquisition was completed through a purchase of 2.284 million shares from Kakao Investment. The investment aims to expand Hana's digital asset business, including stablecoin issuance, digital asset custody, blockchain-based remittance services, and asset manag

According to the Bank of Korea, South Korea's nominal GNI is projected to grow approximately 22.2% year-over-year in 2026, with per-capita GNI potentially reaching around $45,000, up 21.7% from $36,963 in 2025. In the first half of 2026, nominal GNI increased 17.1% and 26.4% year-over-year respectively. Even if nominal GNI growth stalls entirely in the second half, the annual growth rate would still exceed 20%, according to calculations based on Bank of Korea data and remarks by Deputy Governor

According to Yonhapinfomax, Woori Financial Group raised its non-banking profit share from 6.9% to 22.3% within one year following the completion of its acquisition of Dongyang Life and ABL Life for 1.55 trillion won in July 2025. The group previously lacked insurance subsidiaries, and the acquisition expanded its diversified revenue portfolio. However, despite the threefold increase in non-banking profit contribution, the group's return on equity (ROE) declined from 10.06% in 2024 to 9.01% in t

According to CNBC, U.S. 30-year fixed mortgage rates hit 7.07% on September 10, marking the highest level since May of last year. The rate climbed 10 basis points compared to the previous day. Housing-related stocks declined sharply in regular trading. The State Street SPDR S&P Homebuilders ETF (XHB) fell 2.34% to $96.91, while major homebuilders and home improvement retailers including PulteGroup (PHM), Williams-Sonoma (WSM), Home Depot (HD), and Owens Corning (OC) all posted declines.

According to Uniswap, the decentralized exchange reported over $600 million in protocol volume within one week, driven by growing adoption of RLUSD on the platform.

According to Solana, citing DefiLlama data, Solana applications generated $5.09 million in daily revenue on September 9, topping all other blockchain networks. The figure represents a 54% lead over BNB Smart Chain, which recorded $3.3 million in app revenue the same day. Robinhood Chain came third at $3.24 million, followed by Hyperliquid L1 at $1.95 million and Ethereum at $1.52 million. App revenue reflects fees users pay to interact with decentralized applications, trading platforms, lending

According to Jin10, overnight (September 11), Australia's 3-year government bond yield surged 18 basis points to 5.03%, while the 10-year yield jumped 13 basis points to 5.38%, both marking their highest levels since May 2011. The move was driven by a decline in U.S. Treasuries following escalating Middle East tensions that pushed crude oil prices higher.

KEEP's price plummeted 11.58% in the last 15 minutes, falling from $0.0209 to $0.0185, as selling pressure mounted and low trading volume amplified the decline. Over the past 24 hours, KEEP has fallen 9.92%, with market cap down to $17.8 million and 24-hour trading volume at $1,127.56, reflecting weak liquidity conditions in the market.

According to Bloomberg, Microsoft aims to expand its total compute capacity from roughly 12 gigawatts currently to more than 38 gigawatts by 2032 across owned and leased facilities. The aggressive expansion follows severe hardware constraints that forced the company to turn away cloud and AI clients and restrict subscriptions. Among the 38-gigawatt target, AI-dedicated capacity is projected to grow from 2 gigawatts now to approximately one-third of the total footprint by 2032.

According to Monument Bank founder Mintoo Bhandari, the bank has delayed its £250 million (approximately $330 million) retail deposit tokenization project by several months due to the inability to find a UK-based crypto custodian meeting Financial Conduct Authority (FCA) standards and capable of handling zero-knowledge privacy proofs. The bank originally planned to tokenize customer deposits on privacy blockchain Midnight and now expects to launch to retail customers in November after expanding

According to Bitcoin.com News, Italy's central bank (Banca d'Italia) on September 10 mandated payment and crypto asset service providers (PSPs and CASPs) to continuously screen all financial transactions against sanctions lists without minimum transaction thresholds. Providers must verify the names of transaction originators and beneficiaries at customer onboarding, when EU Council decisions are made, and with each transaction, cross-referencing them against sanctioned individuals and entities.

According to Guru Club, Oracle's cloud bookings exceeded $30 billion in its fiscal 2027 first quarter, pushing remaining performance obligations (RPO) to $66.4 billion. The milestone reflects continued momentum in the company's cloud infrastructure and services segment, driven by accelerating enterprise adoption of its cloud platform.

U.S. Treasury Secretary Benson responded to criticism of his intervention in the debt market, denying that it contradicts Federal Reserve Chair Walsh's July statement on letting markets price freely without central bank influence. Benson said critics are trying to "create a false narrative of conflict" between himself and Walsh, calling such claims "nonsense." He emphasized that investors are not demanding higher risk premiums on long-term U.S. debt and dismissed concerns as "noise."

According to Yonhap Infomax, U.S. stock markets declined significantly on September 10 (U.S. Eastern Time) amid escalating geopolitical tensions over the Iran conflict, rising inflation concerns, and President Donald Trump's pledge to distribute $5,000 cash to each U.S. citizen if re-elected in November. The Dow Jones Industrial Average fell 316.56 points (0.60%) to 52,064.10, the S&P 500 dropped 44.66 points (0.58%) to 7,591.70, and the Nasdaq Composite declined 171.62 points (0.65%) to 26,081.

U.S. Treasury Secretary Bessent clarified his "I'm the house" remarks on Thursday, saying he was not issuing a challenge to traders. Two days earlier, he had told traders regarding Japan and the yen: "Come and bet against me if you want." Clarifying this statement, Bessent explained: "When I said 'I'm the house,' I wasn't challenging people to compete with me." He added: "I was expressing that I have access to better information and am working to provide markets with a sound analytical framework

According to Fox News, on September 10, President Trump reaffirmed his support for the military strike against Iran's nuclear capabilities. Despite criticism that the decision could impact midterm elections, Trump stated he would make the same choice if given another opportunity.

UC Berkeley researchers developed a genome language model called GPN-Star on Sept. 9, capable of interpreting the 'grammar' of 3 billion DNA bases and identifying human genetic variants faster and more accurately than previous approaches. The model learns from evolutionary patterns using whole-genome alignment data and requires significantly lower computational costs compared to large language models. The research was published in Nature.