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
06:32
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Goldman Sachs Sets $300 Price Target for Nvidia, 34.1% Upside from Sept. 9 Close

According to Goldman Sachs research released on September 10, the bank maintains a buy rating on Nvidia and sets a 12-month price target of $300, implying 34.1% upside from the September 9 closing price of $223.67. The target is based on a 30x price-to-earnings multiple applied to normalized earnings per share of $10. At the Computex + Technology 2026 conference, Nvidia reaffirmed its projection that the AI market could reach $3 trillion to $4 trillion by 2030, while management also reiterated e
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06:30
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Michael Burry Closes NVIDIA and Palantir Put Options Expiring in December

According to Odaily, hedge fund manager Michael Burry reduced his portfolio exposure by closing put option positions on NVIDIA and Palantir that expire in December this year. Burry stated he closed these positions to hold more cash, allowing him to reassess market conditions as the fall market season unfolds. Burry added that he is closely monitoring weakness in the U.S. Dollar Index spot rate.
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06:30
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Solana Network Creates 263,000 New SPL Tokens in Single Day, Setting All-Time High

According to Cointelegraph, Solana's network created 263,000 new SPL tokens on September 11, setting a new all-time high. The milestone represents a significant surge compared to December 2024's peak Meme coin cycle, which averaged 40,000 to 50,000 tokens daily. Pump.fun accounted for 34,200 of the 40,400 tokens issued via Launchpad that day, representing approximately 85% of all Launchpad launches.
SOL-1.88%
PUMP-5.45%
06:29
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Shanghai Tin Futures Break 410,000 Yuan/Ton, Down 6% Amid Macro Headwinds

According to Xinhu Futures analysis via Guru Club, tin prices fell sharply recently, with Shanghai tin futures breaking through 410,000 yuan/ton, down nearly 6% from the previous high above 430,000 yuan/ton. The decline was driven by multiple macro factors: Middle East tensions boosting crude oil to record highs, rising U.S. Treasury yields raising liquidity concerns, and delays in White House decisions on refined copper tariffs intensifying market anxiety. The underlying supply-demand balance s
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06:26
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Revised CLARITY Act Targets Non-Decentralized DeFi Operators, Heads to Senate Vote Sept. 15

The revised CLARITY Act would direct U.S. regulators to determine whether operators of "non-decentralized finance trading protocols" must comply with securities, commodities and anti-money laundering requirements, according to revised text posted on Senator Cynthia Lummis' website on Sept. 11. The revised definition covers protocols whose functionality, operation, or rules can be materially altered by a person or coordinated group, or whose controllers can restrict users. The Securities and Exch
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06:24
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Xiaomi Releases and Open-Sources Xiaomi-CocktailASR-1 Speech Recognition Model on Sept 11

According to PANews, on September 11, Xiaomi released and open-sourced Xiaomi-CocktailASR-1, an industrial-grade target speaker speech recognition model. The model addresses the cocktail party problem by leveraging an end-to-end LLM architecture that uses reference audio from a target speaker as a voiceprint prompt, enabling accurate extraction and transcription of the target user's speech in multi-speaker environments.
06:23
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SK Hynix Builds API System as Bond Investments Surge 44 Trillion Won in H1 2026

According to Yonhapinfomax, on September 11, SK Hynix is developing an API system with multiple securities firms to enhance transparency and efficiency in its bond investment operations. The API connects SK Hynix's fund management system with brokers' platforms, enabling real-time transaction tracking and improved risk management by security exposure. The company's specific money trust (MMT) balance ballooned to 55.5 trillion won at mid-year 2026 from 11.3 trillion won at end of 2025, a 44.2 tri
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06:23
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Hong Kong Tech Index Turns Red Afternoon, Tech and Auto Stocks Rally

According to ChainCatcher and Gate data, the Hong Kong Tech Index turned positive in afternoon trading on September 11, with the Hang Seng Index's decline narrowing to 0.44%. Tech and automotive stocks rebounded, with Sunny Optical Technology and Xiaomi rising over 2%, while NIO, JD.com, Tencent, Meituan, and BYD each gained 1%.
06:22
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Eurex FX Margin Offsets Hit 60% on Day One as Banks Launch EFP Execution

Eurex launched portfolio margining between eligible FX and fixed income derivatives on the first day, with clearing members and their clients achieving offsets equal to 60% of total FX initial margin. BNP Paribas and J.P. Morgan have enabled exchange-for-physical (EFP) execution routes, allowing clients to source spot or forward transactions through the banks and establish corresponding Eurex FX futures positions. Portfolio margining recognizes risk offsets across eligible positions instead of c
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06:14
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OpenAI Considers Slowing AI Development This Week, Altman Proposes Industry Coordination

According to Bloomberg and Reuters, OpenAI CEO Sam Altman disclosed this week during a company-wide meeting that OpenAI is considering slowing down advanced artificial intelligence development. Altman indicated the company may coordinate with other AI labs to address mounting safety concerns, though some industry players may resist participation. The proposal follows escalating internal anxiety over AI risks. OpenAI Chief Scientist Jakub Pachocki recently warned of AI dangers and called for volu
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06:09
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India's Gold Demand Weakens as Prices Drop 8% This Week to 150,900 Rupees per 10g

According to Jin10, India's gold demand weakened this week as sharp price fluctuations discouraged consumer purchases. On Friday (September 11), domestic gold prices stood at approximately 150,900 rupees per 10 grams, down from a six-month high of 164,773 rupees per 10 grams reached last month. A gold dealer in Chennai noted: "Gold prices have fluctuated significantly over the past month. With prices now retreating, buyers are taking a cautious stance, waiting for further declines before enterin
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06:03
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Former BOJ Officials Warn U.S. Treasury Secretary Bessen's Intervention Could Damage Central Bank Credibility Ahead of 25bp Rate Hike

According to Nikkei data, former senior Bank of Japan officials warned on Sept. 11 that U.S. Treasury Secretary Bessen's unusual intervention in Japan's monetary affairs may damage the BOJ's credibility and trigger larger global market volatility. Markets anticipate the BOJ will raise rates by 25 basis points at next week's meeting. Takahide Kiuchi, executive economist at Nomura Research Institute and former senior BOJ official, stated: "Bessen's intervention in Japanese monetary policy is abnor
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