Gate Crypto Flash News and Market Updates

Riksbank Governor Erik Tegnell stated that Sweden's central bank has not yet seen clear signs of sustained significant inflation increases, though it must remain highly alert to upside risks. The remarks reflect ongoing concerns about price pressures despite recent disinflationary trends in the Nordic economy.

Riksbank Governor Teden stated last week that economic activity strengthening has become more robust, with recently published GDP growth data further confirming this assessment.

According to CryptoQuant analyst Zizcrypto on September 3, the 90-day Stablecoin Supply Ratio (SSR) Oscillator reading surged to 3.74 on August 21, approaching the November 2024 peak of 4.00. The indicator has since declined from this level. Bitcoin is currently trading near $77,000.

According to WuBlockchain, Binance recorded over $1 billion in stablecoin inflows during August. However, year-to-date outflows from the exchange remain substantial at $5.1 billion, indicating mixed trader sentiment amid ongoing market volatility.

According to Kim Young-wook, head of Bank of Korea's Asia-Pacific Government Debt Team, speaking on September 3 at Daiwa Securities Korea's Japan Government Bond Market Seminar, global long-term interest rates are fluctuating significantly as rate-sensitive investors increase their exposure. The composition of institutional investors in long-term government bonds has shifted, with pension funds, insurance companies, and central banks reducing their share while asset management companies and fund

According to GMGN data, BUN, a token in the Robinhood Chain ecosystem, surged to a market cap of $20 million intraday on September 3, up over 320 times in a single day, currently trading around $17 million. BUN is associated with the Mosh protocol, a DeFi protocol built on Pons that uses AI market makers for token pairs to address liquidity challenges.

According to Huobi, the exchange launched eight spot perpetual contracts on Sept 3, including HK0625/USDT, DDOG/USDT, MDB/USDT, TEAM/USDT, ZS/USDT, GTLB/USDT, SPCH/USDT, and MELI/USDT. The contracts support leveraged trading with up to 20x long and short positions.

According to HyperliquidNews, Outcomexyz's 24-hour trading volume reached $3.22 million, marking an all-time high for the platform.

According to RuneCrypto, 64-year-old trader BonkGuy (Unipcs) was the top performer over the past 365, 30, and 7-day periods simultaneously.

According to Guru Club, WTI crude oil futures rose 2% today (Sept. 3), after falling over 1% earlier in the session. Brent crude oil futures gained 1.83%, trading at $97.381 per barrel.

According to S&P Global on September 3, the eurozone's composite purchasing managers index (PMI) for August stood at 52.0, unchanged from July and remaining above the 50.0 expansion threshold. The services PMI declined slightly to 51.6 from 51.7 in July, marking a two-month low, but continued to signal sector expansion. Employment improved for the first time this year, with services hiring reaching its fastest pace in eight months. S&P Global chief economist Joe Hayes noted the data indicates th

According to TradingBeats monitoring, on September 3, MU and SNDK recorded their first mega-million-dollar directional positions this week, both bullish. Address 0x469e initiated an 8-hour MU buy-in TWAP at 10:00 a.m., executing approximately 4,903 shares at an average price of $954.12, with current position value around $4.659 million and unrealized loss of about $19,300. Another address 0xc3b opened a $1.33 million SNDK long position with 2x leverage at an average entry price of $1,547, curren

According to ChainCatcher, USDC Treasury minted 250 million USDC on Solana today at 6:13 PM UTC+8, according to on-chain data.

According to Coinglass data, 500 million USDT were transferred from Binance to an unknown wallet on September 3 at 18:12 UTC.

According to Sivers Semiconductors' official announcement on September 3, the company is expanding InP (indium phosphide) manufacturing capacity in Glasgow, Scotland. The facility is expected to produce approximately 100 million CW DFB laser units annually, with production starting in Q4 2027. Based on historical pricing of $50-100 per 8-laser array, the new capacity could generate potential annual revenue of $625 million to $1.25 billion, according to analyst estimates. The expansion targets AI

On September 3, Gate launched the second phase of its CFD Gold Double Rankings competition, running from 14:00 September 3 to 14:00 September 14 (UTC+8), with a total prize pool of 80,000 USDT equivalent in XAUT. The Profit Ranking requires cumulative CFD trading volume of at least 50,000 USD and positive net profit; the top 50 traders share 20,400 USDT equivalent in XAUT, with the champion earning up to 5,888 USDT. The Volume Ranking requires cumulative CFD trading volume of 100,000 USD; the to

According to investment bank Alliance Global Partners, on September 3, the firm initiated its first buy rating on Microstrategy (MSTR) with a $217 price target, implying 75% upside potential. Alliance Global Partners manages approximately $2.3 billion in assets.

According to HTX market data, Solana (SOL) broke below $100 today, trading at $99.94 with a 24-hour gain of 1.53%.

According to multiple statements on September 3, U.S. President Trump said Iran's regime is collapsing and indicated preparation for another round of military strikes, adding that such action would not last long. He stated the U.S. now has complete control of the Strait of Hormuz, through which millions of barrels of oil are exported daily. Meanwhile, Trump spoke with UAE President Al Nahyan to discuss Middle East developments, according to UAE's news agency. In separate developments, U.S. Comme

According to Citigroup, on September 3, the investment bank cut Samsung Electronics' target price to 430,000 KRW (from 450,000 KRW) and SK Hynix's to 3 million KRW (from 3.1 million KRW), reflecting unfavorable won-dollar exchange rates. Samsung's third-quarter 2026 operating profit forecast was reduced 10% to 1.041 trillion KRW, while SK Hynix's was lowered 3% to 740 billion KRW. Despite near-term earnings headwinds, Citigroup maintained "buy" ratings on both stocks, citing solid memory market