Gate Crypto Flash News and Market Updates

Several asset managers including Direxion, Tradr, Leverage Shares, and GraniteShares have announced plans to launch leveraged ETFs tracking Anthropic ahead of the AI company's expected IPO in late September or October. Anthropic has confidentially filed for an IPO with formal documents expected within weeks. Multiple experts and Anthropic's Claude AI have warned these products carry extreme risk. Claude stated leveraged individual-stock ETFs "are not safe," with all company-specific risks amplif

According to Jin10 Data on September 7, Japan-based ride-hailing app Go, backed by Goldman Sachs, reported that taxi fare increases have not significantly impacted ride demand. Go President Hiroshi Nakajima stated that passengers have accepted higher prices and continued their travel frequency. He noted that ride-hailing users are typically less price-sensitive as they prioritize the convenience that public transportation cannot provide.

According to IBK Investment & Securities on September 7, DKT (290550) received a 'buy' rating with a new 25,000 KRW price target, representing 48.8% upside from the previous close of 16,800 KRW. The upgrade reflects expectations that DKT will be a primary beneficiary of North American humanoid robot supply chain restructuring as the U.S. tightens its de-China policy. DKT specializes in manufacturing flexible printed circuit board assemblies (FPCA) and possesses vertical integration advantages th

According to Hana Securities, South Korean bank stocks outperformed the broader market last week (Sept 7), with the banking sector index rising 0.1% against a 1.5% decline in the KOSPI. The gains were driven by dollar-won strengthening to the 1,350+ level and rising U.S. Treasury yields, with the 2-year yield at 4.37% and 10-year yield at 4.78%. Hana Securities projects that at current exchange rates, Korean banks would recognize significant forex gains in Q3: Korea Development Bank approximatel

According to Jin10, President Trump posted 27 messages containing AI-generated images over a roughly four-hour period on Sunday (Sept. 6), from approximately 11:54 a.m. to 4 p.m. EDT. The posts covered diverse themes including Iran, criticism of Democrats, proposed territory renamings (such as renaming New Mexico to "New America"), self-promotion, and imagery of himself with military robots and historical figures like George Washington. Notable posts included one claiming "the moon is ours" and

Gold prices fell over 2% intraday today following renewed expectations that the Federal Reserve will raise interest rates in September. The retreat came as fresh non-farm employment data bolstered rate hike bets.

According to NH Investment & Securities, on September 7, Doosan Fuel Cell secured a 501.4 billion won order for phosphoric acid fuel cells (PAFC) from a U.S. data center, roughly double the company's initial 50MW expectation. The brokerage upgraded its investment rating on the company to Buy from Hold and raised its target price 70.6% to 58,000 won from 34,000 won. NH analyst Chung Yeon-seung attributed the upgrade to the U.S. order, which increased the firm's 2027 revenue estimate by 31.9% to 8

According to Richard Windsor, founder of independent research firm Radio Free Mobile, NVIDIA acquired open-source AI platform Hugging Face for $13 billion on Friday as a strategic move to maintain its competitive edge amid rising custom chip competition. Windsor characterized the deal as buying "health insurance" to prevent any single company from monopolizing AI models and services. NVIDIA VP of Enterprise AI Justin Boitano said the company has strong incentives to keep Hugging Face independent

According to Yonhap Infomax, 21 South Korean securities firms issued KRW 10.3585 trillion (approximately $7.9 billion USD) in commercial paper and short-term bonds during the week of August 31 to September 4. Hana Securities led with KRW 4.15 trillion, followed by DB Securities at KRW 1.01 trillion and Korea Investment Securities at KRW 750 billion.

According to Jin10, the U.S. attacked three Iranian oil tankers over the weekend on September 6, destroying one vessel in retaliation for Iranian ballistic missile strikes on American naval ships. In response, Tehran announced the establishment of new maritime exclusion zones near the Strait of Hormuz, extending from the U.S. Navy's blockade line into parts of the Persian Gulf. Brent crude opened 0.8% higher, breaking through $95 per barrel, while WTI crude climbed above $90 per barrel. The esca

According to CNBC, on Sept. 5 (U.S. time), Berkshire Hathaway CEO Greg Abel outlined AI data center investment and Alphabet (GOOGL) expansion as two core monetization strategies during a Japan visit on Sept. 2. Abel identified energy shortage as the primary bottleneck to AI technology expansion, positioning Berkshire Energy subsidiary to supply power to big tech firms amid surging demand. Berkshire has significantly increased its Alphabet stake to $36–38 billion as of Q2 2026, following Warren B

According to ChainCatcher and SideSwap, a customer redeemed 4,000 L-BTC through the platform's peg-out service today at 14:05 UTC. The service processed the order normally, with L-BTC destroyed on Liquid and valid peg-out authorization granted. By 14:28 UTC, Liquid Federation paid 3,996 BTC to the customer's address. Blockstream confirmed the L-BTC originated from an Elements software vulnerability. SideSwap's peg-out authorization keys and systems remain secure; the service cannot distinguish v

According to NH Investment & Securities report on September 7, domestic AI platforms, services, and secondary battery stocks are expected to become leading market sectors as volatility subsides following July's correction. Analyst Na Jung-hwan noted that July's decline stemmed from excess leverage built up through derivatives hedging rather than sentiment shifts. Semiconductor stocks led the rebound since late July, contributing 15 percentage points to market capitalization gains, while IT hardw

According to NH Investment & Securities on September 7, the investment firm raised its target price for S-Oil (010950) from 165,000 won to 210,000 won, citing extended favorable refining industry conditions driven by strong refining margins and structural weakness in crude oil official selling prices (OSP). The 27.3% increase reflects a 25.7% upward revision to the company's 2027 operating profit forecast. NH Investment & Securities maintained its "Buy" rating and expects S-Oil's third quarter o

According to iM Securities analyst Kim Jun-young on September 7, rising global bond yields do not create a negative environment for equities themselves, despite increased market volatility. Kim argued that the level of interest rates relative to nominal growth matters more than absolute rate levels. Current rate increases accompany rising nominal growth driven by inflation and economic expansion. Kim noted that while mechanical adjustments might occur if U.S. 10-year Treasury yields reach the sy

According to Newsis, on September 4 (New York time), U.S. non-farm employment data came in at 162,000 new jobs, far exceeding the market expectation of 53,000, raising concerns about potential Federal Reserve rate hikes to combat inflation. The stronger-than-expected employment report sent major U.S. indexes down: the Dow Jones fell 0.51%, the S&P 500 declined 0.38%, and the Nasdaq dropped 0.29%. Meanwhile, semiconductor stocks surged on AI growth expectations. SK Hynix ADR jumped 8.14%, Micron

According to Korea Investment & Securities, air cargo fares and shipping rates exceeded market expectations in the third quarter of 2026 despite Middle East tensions. Korean Air's cargo fares rose over 30% in July and August alone, supported by strong AI-related demand. The China Container Freight Index (CCFI) and Baltic Dry Index (BDI) climbed 37% and 6% respectively from the previous quarter. The brokerage maintained its overweight rating on the transport sector, noting that major carriers rem

According to Securities Daily, China natural rubber futures surged to record highs on Sept 1 and 3, with the RU2701 contract reaching 19,105 yuan per ton on Sept 1, marking its highest level since December 10, 2024, and the NR2611 contract touching 16,115 yuan per ton on Sept 3. Spot markets followed suit, with Thai rubber mixed rubber in Shandong province rising 6.45% to 17,650-17,670 yuan per ton as of Sept 3 compared to Aug 4. Facing surging raw material costs, tire manufacturers launched the

According to France 24, former French President François Hollande may run in next year's presidential election. With France's political landscape fragmented and traditional center-left forces lacking a strong representative, Hollande's improved public perception in recent years has created a new opportunity for a comeback. He is expected to decide by December whether to seek another term.

According to the New York Post, Hunter Biden, the 56-year-old son of former U.S. President Joe Biden, said in an interview on WABC's Cats Roundtable radio show last Saturday that he does not rule out running for the 2028 presidential election. During the interview, Hunter Biden stated his primary concern is the approximately 50 million Americans struggling with addiction issues, and emphasized that his greatest qualification for political office would be upholding the rule of law, expecting the