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.
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09:02
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Valero Energy Stock Hits Record $390.42, Up 143% in 2026; Michael Burry Calls It 'Huge Position'

Michael Burry said on Friday that Valero Energy has become a "huge position" following its historic rally, according to his recent Substack subscriber chat. VLO closed at a record $390.42 on September 12, up 143% year-to-date and on track for its best annual performance since records began in 1982. Burry stated he has recovered his initial investment from the position and donated the proceeds to a donor-advised fund for charity, while maintaining a substantial stake. He described Valero as "a re
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09:01
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Ripple's RLUSD Stablecoin Supply Hits $2.442B ATH, Ethereum Holdings Surpass XRP Ledger This Week

According to Bitcoin.com News, Ripple's RLUSD stablecoin supply reached an all-time high of $2.442 billion this week, up approximately 41% from $1.72 billion a month ago. The newly minted supply has primarily flowed to Ethereum rather than XRP Ledger, with Ethereum holdings now at $1.37 billion compared to XRP Ledger's $1.05 billion—a reversal from July when XRP Ledger accounted for 58.9% of total supply. Of the approximately $840 million in new supply added since July, Ethereum has absorbed the
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ETH0.45%
XRP2.60%
09:01
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Goldman Sachs Raises BoE Rate Hike Forecast to 25bp in November

According to Goldman Sachs, on September 14, the investment bank raised its forecast for a Bank of England rate hike to 25 basis points in November, shifting to a more hawkish stance amid persistent inflation and stable economic growth. The BoE is expected to hold its benchmark rate at 3.75% at its September 17 meeting, Goldman said. Wholesale energy prices have surged in recent weeks, pushing overall inflation above the central bank's expectations, the bank noted in its report. Goldman predicte
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09:01
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Michael Burry Slams OpenAI, Anthropic CEOs' Calls to Slow AI Research as IPO Marketing Tactic

According to Guru Club, investor Michael Burry, the real-life inspiration for the film "The Big Short," criticized OpenAI and Anthropic CEOs' calls to slow AI research today (Sept 14), calling the move a self-serving IPO marketing tactic. Burry argued that large language models (LLMs) are not true artificial general intelligence (AGI) and do not require slowdown, and accused the companies of using regulatory rhetoric to mask industry growth slowdown and protect their market dominance ahead of po
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09:01
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Swedish Healthtech Startup Tandem Health Raises €86.49M in Series B Funding

According to EU-Startups, Tandem Health, a Stockholm-based healthtech company, completed a €86.49 million (approximately $100 million) Series B round led by EQT's Scaleup Europe Fund, with participation from Kinnevik, Northzone, Amino Collective, and Visionaries. The funding brings the company's total funding to €138 million (approximately $160 million).
09:01
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Abraxas Capital Adds $18.26M in Shorts, Two Addresses Post Combined $81.08M Unrealized Losses Today

According to Odaily, two Abraxas Capital-affiliated addresses added short positions totaling $18.26 million today (September 14). Address 0x5b5d...c060 holds approximately $600 million in contract positions with $43.16 million in unrealized losses; address 0xb83d...6e36 maintains $373 million in positions with $39.72 million in unrealized losses. Combined, the two addresses face $81.08 million in unrealized losses across their portfolios.
09:01
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HYPE Spot ETFs See $26.43M Net Outflows in Week of Sept 7-11

According to SoSoValue, HYPE spot ETFs recorded net outflows of $26.43 million during trading on Sept 7-11 (U.S. Eastern Time). Bitwise ETF BHYP led the outflows with $20.13 million, while 21Shares ETF THYP saw $6.29 million in redemptions over the same period.
HYPE1.59%
08:56
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Corning Stock Drops 7% Premarket on $2B At-the-Market Offering

Corning (GLW) dropped over 7% in premarket trading on Monday (Sept 15) after the specialty glass maker announced a new $2 billion at-the-market equity offering program with Goldman Sachs, raising shareholder dilution concerns. Unlike a traditional secondary offering, Corning did not set a fixed price or share count, instead retaining flexibility to determine timing and pricing based on market conditions. The offering comes after GLW surged roughly 91% year to date, driven by AI infrastructure de
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08:55
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Iran Protests IAEA Decision to Bar Nuclear Chief From General Conference

According to Iran's state news agency IRNA, Iran's permanent representative to Vienna said blocking the Islamic Republic's atomic energy chief Mohammad Eslami from attending the International Atomic Energy Agency General Conference violates Iran's rights and contradicts the IAEA Statute and the principle of equal participation among member states.
08:47
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Dalian Commodity Exchange to Close October 1-7 for National Day, Resume Trading October 8

According to Dalian Commodity Exchange's official announcement, the exchange will halt trading from October 1 to 7, 2026 for China's National Day Golden Week. Trading will resume on October 8. The exchange noted that September 20 and October 10 will observe regular weekend closures. Night trading will not occur on the evening of September 30, and will resume on October 8, with collective bidding sessions scheduled for 08:55-09:00.
08:46
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Woori Lo Signs $10.16M AI Data Center Optical Components Deal on September 11

According to Yonhap News, South Korean optical communications semiconductor company Woori Lo signed a supply contract valued at approximately $10.16 million (136 billion Korean won) with Chinese optical communications company VSUNLIGHT on September 11 for AI data center optical components (CWDM AWG). The deal marks the company's largest single order for optical communication components.
08:46
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U.S. Congress Considers Mandatory AI Kill Switch Law Amid Expert Safety Concerns

According to Forbes, the U.S. Congress is actively discussing federal legislation that would establish a mandatory "AI Kill Switch" for artificial intelligence systems. AI scientist Lance Eliot has warned the proposal carries significant technical, legal, and strategic risks. Technically, distributed AI systems may resist termination via a single switch; legally, the authority to activate and defining system scope remain contested. Internationally, the measure could discourage foreign adoption o
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08:45
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B.AI Launches Android App on Google Play with Network Availability Checker

According to ChainCatcher, B.AI launched its Android app on Google Play on September 14. The app integrates B.AI's core functions and includes a built-in network availability detection feature that allows users in mainland China and restricted network environments to view and copy available Web addresses and API Base URLs for client configuration.
08:44
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LH's Corporate Debt to Surge to 162 Trillion KRW by 2030, Not Expected to Trigger 2022-Style Crisis

According to NH Investment & Securities analysts, LH (Korea Land & Housing Corporation) is projected to increase its corporate debt significantly through 2030 amid expanded housing supply plans. LH's corporate debt balance is estimated to grow from 64.3 trillion KRW at the end of 2026 to approximately 162 trillion KRW by 2030, with annual increases ranging from 20 trillion to 40 trillion KRW. Next year alone, LH's debt is expected to increase by approximately 27.7 trillion KRW, approaching the 3
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08:42
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Trump Backs State Enforcement of Crypto Ethics in Latest CLARITY Act Compromise Before Senate Vote

According to reporting, on Sunday, President Trump agreed to allow state attorneys general to enforce ethics provisions in the CLARITY Act, addressing a key Democratic demand ahead of Tuesday's Senate procedural vote. The updated 635-page proposal represents roughly 80% acceptance of a bipartisan ethics framework developed by Republican Sen. Thom Tillis and Democratic Sen. Ruben Gallego. Under the compromise, state attorneys general can bring enforcement actions against crypto exchanges that lis
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