Gate Crypto Flash News and Market Updates

According to Saudi Arabian logistics magazine Middle East Logistics, only 6 vessels transited the Bab el-Mandeb Strait on September 10, down sharply from 30 vessels on September 9, following Houthi forces' capture of the Red Sea port city of Mokha. Ship traffic on September 8 and 7 totaled 26 and 29 vessels respectively.

According to BlockBeats, STORJ surged 60.3% in 24 hours to $0.04588 on September 11, according to HTX market data. Binance delisted STORJ on September 3, while South Korea's largest crypto exchange Upbit will delist the token on September 14.

According to Bitget, crypto-linked U.S. stocks rose during intraday trading on September 11. Microstrategy (MSTR) gained 5.71%, Coinbase (COIN) advanced 5.34%, Circle (CRCL) climbed 5.23%, Sharplink Gaming (SBET) surged 10.32%, and MARA Holdings (MARA) increased 6.69%.

According to CNBC, Situational Awareness and its founder Leopold Aschenbrenner resumed buying options late last week and early this week, paying hundreds of millions of dollars in premiums. The positions involve companies previously held in Aschenbrenner's portfolio, including SK Hynix, SanDisk, Advanced Micro Devices, Bloom Energy, and CoreWeave. CNBC's David Faber cited unnamed sources and noted it remains unclear whether Aschenbrenner has raised fresh capital for the public markets.

According to ChainCatcher, citing Gate market data, ETH/USDT dropped below $2,600 to $2,599.24 as of today (Sept 11), up 6.81% in 24 hours.

According to Nasdaq, the company invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, on September 10, valuing the company at $21 billion. The investment marks Nasdaq's deepening involvement in digital-asset infrastructure. Payward operates trading, custody, and payment services supporting cryptocurrency market participants. The $21 billion valuation reflects the company's strategic importance to both institutional and individual users seeking reliable cryptocu

According to BlockBeats, on September 11, Bitcoin broke through $79,300 (up over $3,000 from intraday lows), with Ethereum surging above $2,600 and gaining 8.8% in 24 hours, despite market pricing in a 90% probability of a rate hike next week following the latest CPI data release. SOL rose above $105, BNB exceeded $740, and ZEC broke $1,200. DeFi tokens led the altcoin rally, with Solana and Ethereum DeFi assets gaining the most. RAY surged 28% to $1.65, MET jumped 23% to $0.266, and LSK climbed

According to Binance market data, on September 11, the U.S. storage sector weakened, with SanDisk declining 3.43%, Seagate falling 3.6%, and Western Digital dropping 2.11%.

According to the University of Michigan Consumer Sentiment Index, in September, the majority of consumers expect interest rates to rise over the next year as the Federal Reserve takes action to combat inflation. Consumer sentiment regarding the economic outlook for the next year deteriorated to its lowest level since July 2022 in September.

According to on-chain data monitoring reported by PANews on September 11, Huang Liceng's three long positions have all turned profitable as Bitcoin and Ethereum prices rose. His overall positions show unrealized gains of $5.806 million with a 110% return on investment. The holdings include a 25x leveraged Ethereum long worth over $90 million (gains of $5.032 million), a 40x leveraged Bitcoin long exceeding $41.35 million (gains of $650,000), and a 10x leveraged HYPE long valued over $5.633 milli

According to Joanne Hsu, director of the University of Michigan Consumer Sentiment Survey, consumer sentiment regarding the Trump administration's economic policies deteriorated by approximately 10% this month and remains significantly below February levels, prior to the Iran conflict escalation.

BitMine (BMNR) stock gained 10.00% during intraday trading on September 11, reaching $26.64 per share.

According to Bloomberg's survey, most economists expect the Federal Reserve to keep interest rates unchanged at its September 15-16 meeting and maintain this stance through the end of 2027, despite rising market expectations for rate increases. Of 48 surveyed economists, only 13 anticipate a rate hike this month. The survey, conducted between September 4-9, shows economists view moderating inflation as a key factor supporting the Fed's pause. This contrasts sharply with market participants, who

According to ChainCatcher citing Gate data, SOL/USDT breaks $105 today, up 5.27% in 24 hours.

Yesterday (Sept. 10), Jim Cramer called the 30-year U.S. Treasury "the king" during his Mad Money monologue, noting the long bond's 5.3% yield now competes directly with stocks for income-focused investors. Cramer argued that when long-dated government debt offers more than 5% returns with lower risk, dividend stocks and growth companies face pressure to justify higher valuations. Meanwhile, mortgage rates continued climbing. The 30-year fixed mortgage rate crossed 7% to 7.07%, marking the first

U.S. one-year inflation expectations for September came in at 4.6%, exceeding the forecast of 4.2% and rising from the prior reading of 4.0%, according to preliminary data.

The University of Michigan Consumer Sentiment Index came in at 50.9 in September, missing the forecast of 51.6 and declining from the prior month's reading of 51.9.

The University of Michigan reported its September initial reading for five-year inflation expectations at 3.4% on September 11, exceeding both the expected 3.3% and the previous month's 3.3% reading.

According to TD Securities, the investment bank has shifted its Federal Reserve rate outlook this month, now expecting a rate hike instead of the previously anticipated rate cut in September.

The University of Michigan Consumer Expectations Index preliminary reading came in at 45.8 for September, below the forecast of 51 and down from the prior month's reading of 51.5.