Gate Crypto Flash News and Market Updates

According to reports, Nubia's NaviX Ultra, the first mass-produced device powered by Baibao phone assistant, launches today starting at 5,999 yuan for the 12GB+512GB model, with the 16GB+1TB variant priced at 7,499 yuan. The AI phone operation feature achieves over 80% end-to-end task success rate and can operate system apps, ByteDance apps, and select third-party applications.

On September 16, Shanghai Futures Exchange (SHFE) reported warehouse receipt movements for major base metals: copper futures warehousing increased 1,095 tons to 32,945 tons; aluminum futures decreased 6,802 tons to 195,220 tons; zinc futures fell 954 tons to 95,033 tons; lead futures declined 377 tons to 59,719 tons; and nickel futures dropped 643 tons to 94,694 tons, according to Jin10 Futures.

According to Jin10 Data citing a Foreign Ministry spokesman, Chinese Vice Premier Ding Xuexiang will attend and address the opening ceremony of the 23rd China-ASEAN Expo and China-ASEAN Business and Investment Summit in Nanning, Guangxi on September 17. Myanma Vice President Myint Swe, Vietnamese Communist Party Politburo member and Senior Deputy Premier Pham Minh Chinh, Laotian Party Central Politburo member and Senior Deputy Premier Sonexay Siphandone, and ASEAN Secretary-General Kao Kim Hourn

According to BlockBeats, X-Agent released an article on September 16 discussing persistent runtime architecture for AI Agents executing tasks spanning hours or days. The framework addresses how Agents can save progress, wait for events, and recover after failures while users are offline. The proposal emphasizes storing objectives, task records, events, and outputs while maintaining security through model access control, credential isolation, operation auditing, and high-risk action approval. X-A

According to Jin10 Futures, the Shanghai Futures Exchange released its daily energy and commodity inventory report on September 16. Pulp futures warehouse inventory stood at 418,316 metric tons, up 983 tons from the previous trading day. Factory-based inventory for pulp remained flat at 20,000 metric tons. Medium sour crude oil futures inventory was recorded at 2.961 million barrels, unchanged from the prior session. Stone bitumen warehouse inventory decreased slightly by 70 tons to 2,660 metric

European stock indices opened higher on September 16, with the Stoxx 50 rising 0.44%, Germany's DAX up 0.3%, the UK FTSE 100 up 0.3%, and France's CAC 40 up 0.2%.

According to The Straits Times, on September 14, two Malaysian masterminds, Wu Wentong (30) and Huang Zhishan (35), were each sentenced to 12 years and 11 months imprisonment, 24 strokes of the cane, and SGD 4,000 in fines for leading an armed robbery that targeted poker players in Singapore's Bukit Timah district on April 18, 2024. The seven-man gang, comprised of Malaysian nationals, forcibly took SGD 4.9 million from the luxury private residence where 11 people were playing poker. According t

According to Yonhapnews, South Korea postponed a scheduled September 17 congressional briefing on the first project under its $350 billion U.S. investment plan. The Ministry of Trade, Industry and Energy requested that two parliamentary committees delay the closed-door session, which was intended to discuss the inaugural investment initiative and its details. The delay may push back the signing of related South Korea-U.S. agreements and project announcement, originally expected as early as Septe

WTI crude oil futures fell below $104 per barrel intraday on September 16, declining 1.41% on the day.

According to ChainCatcher, OKX launched tokenized stock trading pairs on September 16. xGOOGL/USDC opened at 6:00 PM UTC and xHOOD/USDC opened at 6:30 PM UTC. Users can place orders in advance.

Spot platinum and palladium rose in afternoon trading on September 16. Platinum climbed 0.78%, while palladium advanced 1.38% as of 3 p.m. Beijing time.

According to CoinGecko, XRP traded at $1.29 on September 16, down 8.0 percent over 24 hours with a market capitalisation of approximately $81.1 billion, after the U.S. Senate's cloture vote on the Digital Asset Market Clarity Act failed 49-50 on September 15. The bill needed 60 votes to advance and fell 11 short. All Democratic senators voted no, joined by four Republicans: Susan Collins, Josh Hawley, Jerry Moran and Thom Tillis. XRP's decline outpaced Bitcoin at -2.1 percent and Ethereum at -3.

Equinor expects the Bacalhau oil field in Brazil to reach peak production of 220,000 barrels per day this year, the Norwegian national oil company said.

According to TypeSafe AI's blog on September 16, the company launched Jev, its first System One model, designed to output structured numerical values for classification, routing, and information extraction rather than text generation. The model delivers end-to-end response times of 70 to 500 milliseconds, significantly faster than leading LLMs at 3 to 329 seconds for equivalent tasks. Input pricing is set at $0.042 per million tokens, with output free of charge. The model was trained using RLCD

According to Solana, on September 15, 2026, Dawn Internet launched the USD.infra Vault on Solana, designed to tokenize real-world infrastructure cash flows from wireless networks and computing assets. The vault converts recurring revenues generated by connectivity and computing infrastructure into structured, revenue-backed on-chain instruments, creating a bridge between physical infrastructure economics and blockchain-based financial systems.

According to CoinDesk, on Sept 10, London-based stablecoin infrastructure startup Velocity raised $10 million from investors including Visa, Circle, and Ripple, extending its Series A round to $48 million at a $200 million post-money valuation. Haun Ventures, Translink Capital, and Mirana Ventures also participated in the extension, which follows the company's $38 million Series A announced in July. Velocity's platform enables banks and payment firms to use stablecoins for settlement, liquidity,

According to UBS strategy team led by David Lefkowitz, on Tuesday, the firm maintains its S&P 500 targets unchanged: 8,100 by year-end and 8,400 by mid-2027. UBS advised against excessive concerns over the anticipated Fed rate hike, citing strong equity market resilience during rate-hike cycles. Analyzing 16 Fed rate-hike cycles since 1954, UBS found that the S&P 500 averaged gains of 10.8% within 12 months after the first rate increase. The bank's historical analysis shows that U.S. equities ha

According to Pump.fun data, Chinese crypto influencer 0xSun's account remains with unrealized losses exceeding $82,000 after returning to Meme coin trading one month ago. The largest single-coin loss occurred in FLYBRAIN, where 0xSun invested $49,800 and accumulated an unrealized loss of $41,000.

According to Odaily, Senator Thom Tillis changed his vote from YES to NO on the CLARITY Act procedural vote this morning, after the cloture motion failed. Under Senate rules, only senators voting with the prevailing side can move to reconsider a failed motion. By switching to the losing side, Tillis preserved Republicans' ability to reintroduce a cloture vote on CLARITY without restarting the entire legislative process.

According to ChainCatcher, software development company Factory announced the completion of a $200 million funding round, valuing the company at $5 billion. The company's total funding now exceeds $400 million, marking more than a threefold increase from its $1.5 billion valuation in April 2026. Investors in the round include Blackstone, Sequoia Capital, Khosla Ventures, Insight Partners, and other leading firms, alongside notable individuals including Nico Rosberg and Marc Benioff. Factory stat