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
02:33
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China's Direct Financing Exceeds Loans in 2025 at 47% Share, PBOC Governor Says

According to PBOC Governor Pan Gongsheng, China's financing structure underwent significant changes in 2025. Direct financing through bonds and stocks accounted for approximately 47% of new social financing, surpassing loans for the first time. As of June 2026, direct financing's share in total outstanding social financing rose to one-third, while loan share declined to about 60%. The shift reflects broader credit reallocation, with real estate and infrastructure lending's share in new loans fal
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02:32
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Bolivia, Peru, Ecuador Announce Fuel Subsidies Amid Diesel Shortage; Bolivia Triples Fund to $500M

According to Jin10 on September 16, Bolivia announced on September 15 it would triple its government fuel purchasing fund from 2 billion to 6 billion Bolivianos ($500 million) to maintain stable fuel supply amid diesel shortages and price increases. Peru's President Keiko Fujimori approved emergency fuel subsidies covering 15-20% of diesel costs for transport companies after fuel prices doubled. Ecuador maintained a 30% diesel subsidy while state-owned Petroecuador invests $50 million to upgrade
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02:32
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Gold Bar Prices Mixed on Sept 16, CMB Up 3.93 Yuan/Gram, Lao Feng Xiang Down 7 Yuan/Gram

According to Jin10, as of Sept 16 at 10:30 a.m., major banks and jewelry brands' gold bar prices showed mixed movement. China Merchants Bank, China Construction Bank, and Bank of Communications posted gains, with China Merchants Bank seeing the largest increase at 3.93 yuan per gram. Zhou Daosheng, Chow Tai Fook, and Lao Feng Xiang declined, with Lao Feng Xiang recording the steepest drop at 7 yuan per gram.
02:32
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Taiwan Raises 2027 Defense Budget Plan to Near 4% of GDP, Pledges Further Increase to 5%

According to Taiwan's National Affairs Council press conference on September 16, Taiwan's 2027 defense budget and special budget combined will account for nearly 4% of GDP. Vice President Hsiao Bi-khim reiterated that President Lai Ching-te has pledged to increase defense spending to 5% of GDP. The announcement marks Taiwan's continued escalation of military expenditures amid ongoing cross-strait tensions.
02:32
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Binance Introduces Realized Perp Slippage Metric, Shows $0.94 vs $1.63 Discrepancy

According to Binance, the exchange has launched a realized perp slippage metric designed to evaluate the difference between expected and actual slippage during market orders. The metric takes a snapshot of the order book before market orders execute, allowing traders to compare expected slippage with actual execution prices. In a current example, the metric shows expected slippage at $0.94 contrasting with an actual fill at $1.63, underscoring the potential gap between anticipated and realized e
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02:32
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Arthur Hayes Says Clarity Act 'Harmful' to Bitcoin and U.S. Crypto Innovation on September 16

According to Arthur Hayes, BitMEX co-founder, the U.S. Clarity Act is "harmful and counterproductive" to genuine crypto innovation and development of market-aligned products on September 16. Hayes noted that Bitcoin has not required such legislation since its inception in 2009 and does not need it in the future, adding that regulatory frameworks should not serve as prerequisites limiting industry growth and product innovation.
BTC-2.59%
02:31
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Bitcoin Drops 3.17% to $75,600 Overnight; GameFi Gains 9.65% as Broader Market Declines

According to SoSoValue data cited by Odaily, on September 16, Bitcoin fell 3.17% and briefly broke below $75,000, recovering to $75,600, while Ethereum dropped 4.88% below $2,400. The broader crypto market declined amid the failure of the CLARITY Act's procedural vote, with PayFi falling 8.44% in 24 hours. GameFi bucked the trend, rising 9.65%, led by Akedo (AKE) surging 76.22%.
BTC-2.59%
ETH-4.55%
AKE78.64%
02:31
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Arc Early-Stage Tokens LONG, TOLLY, COOL Reach Multi-Million Dollar Market Caps

According to Odaily, Circle's Arc blockchain is home to early-stage tokens with significant valuations. LONG has a market cap of $7.76 million with $324,000 in liquidity; TOLLY stands at $5.25 million market cap and $275,000 liquidity; COOL has reached $6 million market cap with $360,000 in liquidity pools. ARGUS, the native token of ArgusPad launchpad, has $540,000 in liquidity reserves.
02:29
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ByteDance Revenue Rises 30% to $120B in H1 2026, but Net Profit Falls on Heavy AI Spending

According to The Information, ByteDance's net profit declined single-digit percentage to approximately $20 billion in the first half of 2026, despite revenue surging 30% to about $120 billion, as massive AI infrastructure investments weigh on profitability. The company's H1 revenue growth matched Meta's 30% increase to $117 billion, bringing the two platforms' top-line figures nearly in line, though ByteDance's valuation of $63 billion trails Meta's $1.7 trillion market cap, according to seconda
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02:29
0

Cathie Wood Values SpaceX at $1.75 Trillion for Potential IPO, Citing $10B Per Starship Launch

According to ChainCatcher, Cathie Wood, founder of ARK Invest, recently estimated that a single Starship launch could generate $1 billion in revenue. If SpaceX achieves Elon Musk's goal of executing 10,000 annual flights by 2030, Starship's annual revenue could reach $10 trillion, Wood said. Under such conditions, she believes SpaceX could be valued at $1.75 trillion for an initial public offering, representing a potentially attractive investment opportunity. However, Wood noted that these proje
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02:28
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OpenAI In Talks for New Funding Round at $1.2 Trillion Valuation: FT

According to Financial Times, OpenAI is in talks with major investors for a new funding round on Tuesday, September 15, with a potential valuation around $1.2 trillion. The discussions remain in early stages and the valuation figure is not finalized, with possible adjustments over coming months. This marks a significant jump from the company's March funding round, which valued OpenAI at $852 billion with $122 billion in committed capital.
02:26
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Large-Scale Warfare Surges 16 Positions in UN Global Risk Rankings, 76% Expect Within 7 Years

According to the UN's 2026 Global Risk Report released on September 15, large-scale warfare climbed 16 positions in the ranking of global risks, marking the largest increase among 28 risks assessed. The report found that 36% of respondents expect large-scale warfare to occur within one year, while 76% anticipate it within seven years. The report also identified global financial crisis, supply chain collapse, and cyber threats as rising risks.
02:23
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Tesla and SpaceX Show Starkly Different Valuations, PSR at 12x and 80x Respectively, Says Motley Fool

According to Motley Fool on September 15, Tesla and SpaceX exhibit dramatically different valuation multiples, with price-to-sales ratios (PSR) of 12x and 80x respectively, reflecting distinct business models and growth expectations. Tesla is transitioning from an electric vehicle and battery manufacturer to a software and AI platform company through robotaxis and humanoid robot Optimus, generating recurring revenue. SpaceX operates an orbital infrastructure model, with Starlink satellite intern
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02:21
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Coinbase CEO Says Genius Act More Open to Stablecoin Rewards Than Failed Clarity Act

According to Coinbase CEO Brian Armstrong on September 16, the Genius Act contains provisions more favorable to stablecoin rewards compared to the Clarity Act. Armstrong stated on X that while the Clarity Act failed to advance in the Senate, allowing bipartisan discussions to continue, Coinbase can no longer wait for Congress. The Senate voted 49-50 to reject the Clarity Act on the same day. Armstrong added that some compromises made during the Clarity Act process were difficult to accept, sugge
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02:21
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CFETS-NEX Interbank Funding Sentiment Index Hits 53 on September 16, Up 2 Points

According to Jin10 Futures, as of 10:15 today (September 16), the CFETS-NEX interbank funding sentiment index reported 53, up 2 points. The sentiment index for large banks, mid-sized banks, and non-bank institutions stood at 52, 55, and 51 respectively, up 2, 3, and 1 points. The index ranges from 0 to 100, with readings above 50 indicating tighter funding conditions.