Gate Crypto Flash News and Market Updates

According to Elon Musk's remarks at the G20 on September 1, global AI chip deployments will face an energy deficit of at least 15 gigawatts by 2027, as annual chip production capacity grows 40-50% while power supply outside China increases only 10-20%. Musk noted that Google and Anthropic have begun renting computing power from SpaceX, which has built its own power plants to scale faster. He added that while China has sufficient electricity, GPU export restrictions limit its AI infrastructure ex

According to Gediminas Simkus, ECB governing council member and Lithuanian central bank official, a single rate hike next week would be insufficient to return inflation to the 2% target. "All available data suggests we will likely hike, but September's increase probably won't be enough," Simkus said. He cited rising natural gas futures, higher agricultural prices, and stronger-than-expected economic performance in Europe as evidence that inflation pressures are intensifying, signaling the need f

According to Jin10, President Xi Jinping arrived in Cairo on the afternoon of Sept 1 aboard a special aircraft for a state visit to Egypt.

According to Arbitrum, Robinhood Chain has reached $11.48 million in cumulative fee revenue within two months of its launch, translating to an annualized run rate of approximately $60 million. More than $1 million from this revenue is allocated directly to the Arbitrum ecosystem. Robinhood Chain's rollup architecture captures about 89% of transaction fees while returning 10% to the Arbitrum ecosystem, creating a revenue-sharing model that enhances both platforms' utility and adoption in decentra

According to Xinhua, the Shanghai Cooperation Organization released its 25th anniversary declaration in Bishkek on September 1.

According to CoinGlass, the cryptocurrency market experienced $182 million in total liquidations over the past 24 hours, with long positions accounting for $103 million and short positions $78.72 million. A total of 65,581 traders were liquidated. BTC accounted for $46.43 million in liquidations, followed by ETH with $37.09 million. The largest single liquidation occurred on Binance's ETHUSDT pair, worth $4.93 million.

According to Arkham analyst Emmett Gallic, wallets linked to North Korea's Lazarus Group moved more than $30 million through Hyperliquid in recent weeks. Blockchain data showed Lazarus-tagged addresses sending Bitcoin to Hyperliquid before converting funds into Ether or Solana, then bridging assets across Tron, Solana and Ethereum networks. The assets were ultimately sent toward several centralized exchanges including Kraken, KuCoin and LBank, though public blockchain records do not establish ac

According to TD Securities, the U.S. Treasury plans to at least double its repurchase program for 10- to 30-year government bonds. If each operation caps at $4 billion, the 10-year term premium could decline by approximately 5 basis points.

According to ASIC, Australian crypto firms must file licence applications with the Australian Securities and Investments Commission by September 30, 2026, when its no-action position expires. The deadline applies to three licence categories: Australian Financial Services (AFS) licences, Australian Market Licences, and Clearing and Settlement facility licences. As of June, approximately 30 licence applications had been received. Firms operating through intermediary or authorised-representative ar

According to Nodal Exchange, the venue launched 168 hourly power futures contracts certified by the CFTC on August 24, giving market participants cleared instruments for hedging single-hour electricity-price exposure. The contracts cover 24 hour-ending periods at each of seven hubs: four ERCOT locations (North, South, West, Houston) and three PJM locations (Western Hub, AEP-Dayton, Northern Illinois), with expiries available for the next five days on a rolling basis. Each contract represents one

According to the Indian Ministry of Finance, India's Finance Minister has invited U.S. Treasury Secretary Bessent to visit New Delhi later this year to participate in activities related to the Economic and Financial Partnership.

During August 24–28, Prosus repurchased 1.8744 million shares at an average price of €37.8927 per share, totaling over €71 million (approximately $82.7 million). In the same period, Naspers repurchased 647,039 shares at an average price of 770.6889 South African rand per share, totaling over 498.6 million rand (approximately $31.1 million).

According to Guru Club, China's commodity futures markets rose overnight on Sept 1, with chemical products leading gains. DCE ethylene glycol surged 2.68%, while energy futures climbed across the board, including INE low-sulfur fuel oil up 1.89%. Non-metallic building materials saw broad strength with CZCE glass rising 1.68%; oil and meal futures also advanced, with DCE soybean meal up 1.52% and DCE coal up 1.33%.

According to BlockBeats citing FOMO data, crypto KOL XXAntiWar posted a message on September 1 stating "please don't fall further" and disclosed holdings of Bullion tokens that are now down over $500,000 in unrealized losses, representing a 25% decline. The holdings had previously been profitable by over $860,000 following Bullion's listing announcement on Binance futures earlier. XXAntiWar purchased 1,756 tokens when the token was valued at approximately $86 million and saw gains reach 47% at p

According to Jin10 data, on September 1, U.S. Treasury Secretary Bessent announced the United States will introduce a comprehensive fiscal plan and called on the G20 to address global imbalances caused by certain countries, which he said are weakening growth in other regions. Bessent noted that G20 ministers seek higher growth but it remains unclear whether countries will take necessary measures to address the imbalances.

According to predict.fun, the platform recently launched Predict Developer Dashboard, a self-service portal for creating applications, generating API keys, and managing usage and rate limits. Through the dashboard, users can manually request higher usage-based tiers and import existing keys. Predict.fun has implemented a "trading burst" limit to restrict the number of order creation and cancellation calls per second. This limit is enabled by default for new applications, while existing applicati

According to U.S. officials, President Trump is considering a military plan known as 'lawn mowing' involving limited strikes against Iranian targets near the Strait of Hormuz on August 31. The strategy aims to deter attacks in the region.

According to Fortune, in recent remarks on Fox Business, Nvidia CEO Jensen Huang predicted that AI will not eliminate jobs but instead create hundreds of thousands of new positions. He emphasized that construction of chip factories and data centers will drive surging demand for skilled trades such as electricians, plumbers, and technicians. Huang called this "the largest infrastructure project in human history." Nvidia has committed up to $100 billion in credit support for a new OpenAI data cent

According to The Information, SpaceX reshuffled its data center leadership over recent weeks, replacing multiple executives and bringing in managers from rocket and satellite internet divisions to strengthen infrastructure development. The restructuring was prompted by civil engineering and reliability issues at SpaceXAI facilities in Tennessee and Mississippi, with the centers previously operating for months without backup cooling and power systems due to rushed early-stage construction, increa

According to CCTV, a massive debris flow struck Nepal's Thosom region in northern Nepal on August 26. Geologists and climate experts analyzing the disaster attributed it to accelerated glacier melting caused by global climate change, characterizing it as a cascading event triggered by extreme weather and geological activity.