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
20:51
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USDC Treasury Mints $250 Million

According to CryptoTwitter commentator @whalealert, the USDC Treasury recently minted $250 million. The minting action comes amid heightened trader attention to market sentiment shifts within the stablecoin sector.
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20:47
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Coinbase Seeks CFTC Approval for 24/7 Single-Stock Perpetual Futures on Sep 1

According to ChainCatcher, on September 1, Coinbase Derivatives and Coinbase Financial Markets filed forms with the SEC to launch 24/7 single-stock perpetual futures for U.S. users, pending CFTC approval. Coinbase Chief Policy Officer Faryar Shirzad stated that regulatory clearance from the CFTC is required as the next step. The filings cover registration as a securities futures exchange and limited-purpose securities futures broker. Coinbase has already offered 10x leveraged perpetual futures o
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20:37
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Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage on September 3

According to Polymarket, on September 3, the prediction market platform launched Perps, a perpetual futures product, starting with 10 markets including Bitcoin, Ethereum, Solana, and commodities, which expanded to 67 within hours. The product offers leverage up to 20x for crypto assets, the S&P 500, oil, gold, and silver, while individual stocks cap out at 10x, with no contract expiration dates. However, U.S. traders cannot access Polymarket Perps and are instead routed to Polymarket US, the com
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20:22
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US Nonfarm Payrolls Surge to 162K in August, Boosting Fed Rate Hike Odds for September

According to the Bureau of Labor Statistics, on September 4, Nonfarm Payrolls surged to 162K in August, far exceeding the consensus forecast of 56K. Prior months saw combined upward revisions of 55K, while the unemployment rate held steady at 4.1% and labor force participation rose to 61.6%. The strong jobs data rapidly elevated market expectations for a Federal Reserve interest rate hike at the upcoming September meeting. Global central banks face divergent policy paths amid persistent inflatio
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20:16
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U.S. Stock Indexes Fall on Sept 4 as Jobs Data Bolster Rate-Hike Bets

According to Yonhapinfomax, U.S. stock indexes declined on September 4 (Eastern Time) after stronger-than-expected nonfarm employment data fueled expectations for interest rate increases. The Dow Jones Industrial Average fell 271.86 points (0.51%) to 53,414.25, the S&P 500 dropped 29.11 points (0.38%) to 7,718.60, and the Nasdaq Composite slid 77.07 points (0.29%) to 26,506.99.
20:13
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Tesla Stock Falls 6% After Cybercab Disappointment, NHTSA Opens Review

On Friday, Tesla stock dropped 6% following a Cybercab launch event on Thursday that disappointed investors, while the National Highway Traffic Safety Administration opened a review to determine whether Tesla properly certified the vehicle. Shares traded near $354, down from Thursday's close of $376.37, and the electric-vehicle maker was valued at about $1.11 trillion despite the selloff.
20:12
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Argentina Increases Defense Budget by $145M, Signs Decree Supporting Malvinas Diplomacy on Sept 4

According to Jin10 Data, Argentine President Javier Milei signed a decree on September 4 to increase budgets for defense, military, and intelligence operations. The defense ministry and armed forces will receive an additional 217.954 billion Argentine pesos (approximately $145 million USD), while the national intelligence agency receives 30.519 billion pesos (approximately $20.24 million USD). The allocation also supports diplomatic efforts related to the Malvinas Islands.
20:11
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Pons Daily Revenue Grows from $60K to $150K, According to Delphi Digital

According to Delphi Digital, Pons' daily revenue surged from $60,000 to $150,000 recently, as highlighted by Delphi Markets Analyst @that1618guy. The analysis has prompted discussions among traders regarding the sustainability of such revenue levels and their potential implications for broader altcoin market dynamics.
20:09
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Gold Futures Fall 1.48% on Stronger-Than-Expected U.S. Job Gains

According to COMEX, gold futures for December delivery declined 1.48% to $4,472.60 per troy ounce on September 4 following stronger-than-expected U.S. employment data. The Department of Labor reported that nonfarm payrolls increased by 162,000 in August, triple the market expectation of 56,000, while unemployment held at 4.1%. The stronger jobs report boosted expectations for a potential Federal Reserve rate hike, pushing the 2-year U.S. Treasury yield higher and strengthening the dollar index.
20:08
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Cleveland Fed President Hammack Calls for Action to Curb U.S. Inflation Above 3%

According to Yonhap Infomax, Cleveland Federal Reserve President Beth Hammack called on the Federal Reserve to take action to curb U.S. inflation on Sept 4. Hammack said via LinkedIn that it is time for the Fed to act, noting that inflation remains above 3% despite efforts to bring it down. She added that both quantitative data and feedback from business contacts in the region indicate monetary policy is not restrictive enough. The Federal Reserve is set to hold its next FOMC meeting on Sept 15–
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20:07
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Trump Says U.S. Could Strike Iran's Khorasan Nuclear Facility Soon

U.S. President Trump stated that the United States could strike Iran's nuclear facility in Khorasan very soon. When asked by reporters how he would characterize the current Iran conflict, Trump said the Iran situation is a military matter rather than a major event.
20:07
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U.S. Sector ETFs Post Mixed Results on Friday; Semiconductor ETF Up 2.6%

On Friday (September 4), U.S. sector ETFs posted mixed results. Semiconductor ETF rose 2.6%, while Global Technology Stock Index ETF gained 1.21% and Technology Sector ETF advanced 0.72%. Internet Stock Index ETF and Energy Sector ETF each fell 0.87%, while Discretionary Consumer ETF declined 1.33%.
20:01
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U.S. Stocks Mixed This Week; Semiconductor Index Up 2.2%, Tech Stocks Volatile on Jobs Day

This week through September 4, the S&P 500 remained largely flat, while the Dow Jones fell 0.3% and the Nasdaq 100 rose 0.2%. Among sector indices, the semiconductor index climbed 2.2%, memory chip index surged 5.8%, and software ETF declined 4.6%. On non-farm payroll day, the S&P 500 dropped 0.4%, with notable losses in consumer discretionary (-1.1%), healthcare (-1%), and energy (-1%) sectors. Among Nasdaq 100 components, SanDisk rallied 11.6%, while Tesla retreated 5.8%, Adobe fell 6.8%, and
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