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
08:01
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Kyobo AXA Asset Management to Complete Rebrand to Kyobo Asset Management on September 22

According to Financial News, Kyobo AXA Asset Management will hold a shareholder vote on September 22 to approve the name change to Kyobo Asset Management, with registration changes expected to be completed by early October. The rebrand comes after Kyobo Life Insurance acquired BNP Paribas' 50% stake in the firm last month for approximately 107.5 billion Korean won, converting it into a wholly-owned subsidiary following 18 years as a joint venture with France's AXA Group. The asset manager curren
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07:59
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Bitcoin and Gold Hit Six-Year High Correlation on Sept 6, BTC Up 22.4% in One Week

According to Bitwise, on Sept 6, Bitcoin and gold's 90-day correlation reached a six-year high. Bitcoin surged 22.4% over one week, marking its largest weekly gain since March 2024, while gold rose approximately 5% and equities declined. The correlation pattern mirrors conditions from 2020, when governments and central banks deployed fiscal and monetary stimulus measures.
BTC0.13%
07:48
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OPEC+ to Maintain October Oil Production Policy on Sunday, Awaits New Quota Agreement

According to Reuters, on Sunday (September 8), OPEC+ will maintain its October oil production policy unchanged as members need to reach consensus on new quotas before taking further action. The 21-member group is reviewing members' oil production capacity to establish 2027 production baselines, which will serve as the foundation for future quota allocations.
07:31
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South Korea's ETF Market Sees Record Delistings in 2024, but New Product Launches Accelerate Further

South Korea's exchange-traded fund market, which has grown to $500 trillion won, experienced an acceleration in product churn in 2024, according to data from the Korea Exchange. ETF delistings surged to 51 in 2024 from 14 in 2023, while new ETF launches continued at a faster pace, with 174 new products entering the market that year versus only 51 delistings. As of August 2026, the total number of listed ETFs in South Korea reached 1,163, up from 812 at the end of 2023. Industry observers note th
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07:30
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Polymarket ETH $2,600 Target Odds Surge to 74% in 24 Hours

According to PPP Prediction Market Tool, the probability of Ethereum touching $2,600 on Polymarket during the remainder of September surged to 74%, up 10% over the past 24 hours. The odds for ETH reaching $2,700 rose to 51%, gaining 9% in the same period.
ETH1.60%
07:25
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AI Data Centers Face Political Pressure Ahead of U.S. Midterms, But Limited Federal Regulation Expected

According to NH Investment Securities analyst Cho Yeon-ju, while AI data center regulation has become a political flashpoint ahead of the 2026 U.S. midterm elections, federal-level comprehensive regulation is unlikely due to jurisdictional conflicts between federal and state governments. Current rules remain fragmented across state and local authorities. The analyst noted that companies with pre-secured power and real estate resources stand to benefit from prolonged regulatory friction. Key bene
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07:19
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Pokemon Cards Tokenized and Traded via Stablecoins; RWA Market Grows to $31.23B

According to NH Investment & Securities' analysis on September 5, Pokemon cards are being tokenized into NFTs on platforms including CollectorCrypt and Courtyard, then traded via stablecoins on NFT marketplaces. The tokenization model enables random pack sales where buyers receive NFT-based cards that can be resold or exchanged at discounted prices. TokenSized Pokemon cards eliminate risks associated with physical storage and delivery. Recent cases show Pokemon card NFTs being used as collateral
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07:14
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South Korea's Tokenized Securities Market Launches in February 2027, with Large Brokerages Building Independent Networks

According to E Daily, South Korea's tokenized securities (STO) market will begin operations in February 2027, with the first phase starting February 4. Large brokerages including Mirae Asset Securities and Korea Investment Securities are constructing independent blockchain networks to build proprietary ecosystems, while mid-sized firms join shared platforms like Koscom's KoSTO to reduce costs and focus on specialized products. The first phase will tokenize institutional private money market fund
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07:11
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Bitcoin Miners' Holdings Reach 1.19M BTC With Largest Weekly Increase in Two Weeks

According to ChainCatcher, as of September 5 at 2 PM UTC, Bitcoin miners held approximately 1.19 million BTC, up 261 BTC from a week earlier and marking the largest weekly increase in roughly two weeks. The seven-day average hash rate reached approximately 934 million TH/s, an increase of about 41.11 million TH/s week-over-week, while the Bitcoin Puell Multiple rose to 1, up 0.04 from a week prior.
BTC0.13%
06:55
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Goldman Sachs Forecasts 5-9% Global Stock Returns in Next 12 Months; Japan's 10-Year Bond Yield Hits 3% for First Time Since 1996

According to Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer in a Yahoo Finance interview on September 5, global stock markets are expected to deliver returns of 5-9% over the next 12 months, down significantly from the exceptional gains of the past year and year-to-date performance. Oppenheimer stated that "we've already reaped much of the good returns," suggesting moderating growth ahead despite continued economic expansion. The outlook is constrained by rising government bond y
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06:55
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Magnificent Seven ETF Diverges From Market Momentum for First Time; Funds Rotate to Memory Chips, Semiconductors

According to Seeking Alpha, the Magnificent Seven ETF (MAGS-US) and the iShares MSCI U.S. Momentum Factor ETF (MTUM-US) posted their first negative 21-day rolling correlation in recent trading, signaling a breakup in the synchronized movement that has defined the AI-driven market rally. The correlation shift indicates that the seven mega-cap tech stocks—Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla—are no longer the primary drivers of market momentum trades. Simultaneously, investo
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