Gate Crypto Flash News and Market Updates

According to Guru Club, LME copper surged 1.3% on September 8, trading at $14,680 per ton and hitting a record high.

According to informed traders cited by Bloomberg, the Reserve Bank of India sold U.S. dollars on Tuesday (Sept. 8) in domestic forex markets to support the rupee exchange rate.

According to Bloomberg, Goldman Sachs and Deutsche Bank have introduced a portfolio of French bonds to allow investors to profit from or hedge against different outcomes of next year's French election. The investment basket includes some of the highest-risk bank debt, enabling investors to position themselves based on varying political scenarios.

According to Bernstein analysts, Robinhood's blockchain network is expected to generate as much as $160 million in annual fees by 2028. In just over two months since its July 1 launch, the chain has already become the leading blockchain network by daily fees, generating $2.13 million in the past 24 hours, according to DefiLlama data. Tokenized stock trading has grown to represent approximately 27% of the chain's total trading volume, while native memecoin pairs account for 36% of network activit

Europe's benchmark natural gas futures surged 3.4% on Tuesday, reaching their highest level since January 2023, as traders rushed to build winter stockpiles amid geopolitical tensions. The rally was fueled by recent attacks on Iranian and Saudi Arabian energy assets, heightening supply uncertainty in the Strait of Hormuz region.

On Sept. 4, Florida Athletics announced a multi-year partnership with Ripple that places XRP logos on both 25-yard lines at Ben Hill Griffin Stadium for approximately $5 million per year. The deal covers field branding, digital properties, events and financial-technology education. XRP was trading around $1.45 in early September, roughly 48% below its price from a year earlier.

According to the National Federation of Independent Business (NFIB), the U.S. Small Business Optimism Index declined to 98.7% in August, below the expected 99.2% and down from the previous month's 99.8%.

According to South Korea's National Assembly Budget Office, a report released in early September found that Korean won stablecoins could save the country's merchants 2.75 to 38 billion USD annually in payment fees. The report warned that widespread stablecoin adoption may weaken banks' role as credit intermediaries and risk destabilizing token pegs during large-scale redemptions, recommending reserve requirements, reward restrictions, and enhanced regulation. South Korea's central bank and Finan

According to on-chain analyst SomaXBT, Lootbot users suffered a large-scale wallet compromise, with losses exceeding $600,000, equivalent to approximately 245 ETH. About 50% of the affected users were Lootbot subscription holders, according to available information.

According to Jin10, Zhou Haibing, deputy director, met with Pekka Puisto, Finland's director of economic affairs at the Ministry of Economic Affairs and Employment, on the morning of September 7. The two sides exchanged views on circular economy cooperation between China and Finland, and expansion of bilateral investment. Zhou Haibing stated that China attaches great importance to circular economy development and welcomes Finnish enterprises to invest and start businesses in China, aiming to adv

According to Yonhapinfomax, South Korea's interest rate swap (IRS) rates rose on September 8. The 1-year IRS increased 2.00 basis points to 3.5875%, while 2-year and 3-year rates climbed 1.50 basis points. The 5-year IRS rose 0.50 basis points to 4.0250%, while the 10-year rate held steady at 4.1350%. Meanwhile, CRS (SOFR) rates showed mixed movement, with the 1-year segment declining 0.50 basis points to 3.4500%, the 5-year rising 0.50 basis points to 3.6400%, and the 10-year falling 1.00 basis

According to Prosecutor General Waldemar Żurek, a Katowice court approved pretrial detention for Roman Ż. on September 7, charging him with organized crime membership and computer fraud related to crypto exchange Zondacrypto. Prosecutors allege the group misappropriated at least 7.8 million złoty (around $2 million) from exchange users through unauthorized data manipulation. This marks the fifth detainee; three others were held in pretrial detention on September 4 over allegations including €8 m

According to Seoul Economyx Signal, South Korea's top 10 conglomerates disposed of 17.7 trillion won in subsidiaries and business units over the past two years as of September 8. The figure covers 18 management rights transfer deals; including minority stake sales, total asset disposals are estimated to exceed 20 trillion won. SK Group led the rebalancing effort, including the sale of SK Specialty (85% stake) for 2.7 trillion won to PE firm Han & Company in December 2024, and SK Siltrон (70.6% s

According to Ukrainian President Zelenskyy, Russia launched attacks targeting media and journalists today. Zelenskyy stated that stopping Russia requires international coordination and joint effort.

According to CoinPaper, Zcash (ZEC) surged above $1,200, reaching its highest level in nearly a decade after climbing 40% in a week. The rally has significantly outpaced Bitcoin and the broader crypto market. Grayscale launched its Zcash ETF, ZCSH, on NYSE Arca in late August, attracting at least $34.4 million in net inflows shortly after launch and providing a fresh source of institutional demand. ZEC's breakout also triggered substantial short liquidations, with approximately $34.5 million of

San-in Godo Bank announced today (September 8) that it has partnered with IT services firm NTT Data and digital-securities provider Securitize Japan to develop a tokenized securities platform. The bank aims to issue its own bond-type security tokens and sell them directly to investors, with a debut targeted within fiscal 2026. The initial offering is expected to raise several hundred million yen with minimum investment units starting from tens of thousands of yen, aimed at individual investors.

According to ChainCatcher, The Hashgraph Group, Merck, and PwC Germany are piloting a cocoa traceability solution that combines Merck's M-Trust physical authentication technology with TrackTrace, a digital product passport platform built on the Hedera network. The system verifies cocoa's origin, authenticity, quality, recall requirements, and compliance data from farm to consumer. Large operators and traders must comply with EU Deforestation Regulation (EUDR) requirements by December 30, 2026. T

According to a statement from Japan's Foreign Ministry, Japanese Foreign Minister Shigeru Motegi and Iranian Foreign Minister Abbas Araghchi held a 20-minute phone call at 4:30 PM Beijing time on September 8. Motegi expressed serious concern over escalating military tensions between the US and Iran, emphasizing the urgent need to de-escalate the situation and restore dialogue. He strongly urged Iran to demonstrate maximum flexibility. Regarding future management of the Strait of Hormuz, Japan st

According to New1, Bithumb Holdings recently appointed Kim Ki-beom, former head of external partnerships at Bithumb, as its new representative. Lee Jae-won, who previously served as both Bithumb representative and Bithumb Holdings representative, will step down from the Holdings role to focus on exchange operations.

According to Yonhap Infomax, USD/KRW rose to 1,345.60 won at 3:30 PM Seoul market on September 8, up 5.10 won from the prior close, after falling intraday to mid-1,330 won levels. The recovery was supported by settlement demand inflows following news that South Korea's National Pension Fund had halted currency hedging and resumed dollar purchases. Foreign exchange dealers noted that the 1,330s level may signal a near-term bottom, with traders expecting a further 10-20 won rebound from current le