Gate Crypto Flash News and Market Updates

Spot gold reached $4,320 per ounce today with an intraday gain of 1.31%, while spot silver rose 1.6% to $63.9 per ounce.

According to BlockBeats citing hl.eco data, Hyperliquid's USDC supply reached $6.73 billion on September 17, surpassing Solana's $6.72 billion to become the second-largest USDC ecosystem by supply, behind only Ethereum. The platform's native HyperEVM USDC accounts for $6.28 billion, with $453.6 million in legacy USDC from Arbitrum Bridge.

According to China's Ministry of Commerce on September 17, the Chinese and U.S. trade teams are maintaining close communication on tariff reduction issues as part of their $300 billion reciprocal tariff arrangement negotiations. Spokeswoman HeYadong said the two sides will release updates on progress at an appropriate time.

Spot palladium broke through $1,300 per ounce today, gaining 2.01% intraday.

According to China's Ministry of Commerce on September 17, the government has expressed serious concerns over the European Commission's draft Public Procurement Law. The draft includes an "Europe First" clause and requires non-market factors such as security in tender evaluation criteria, effectively excluding or restricting third-country enterprises. The ministry urged the EU to comply with WTO rules, maintain market openness, and remove discriminatory provisions to create a fair, transparent,

Ondo Finance announced on September 17, 2026 that its subsidiary Oasis Pro Markets, a U.S. registered broker-dealer, has become the first tokenization company to join DTCC's Fund/SERV platform. Fund/SERV processes over 85% of all U.S. mutual fund transaction activity and serves as the core transaction processing and distribution system for the American fund industry. Through the membership, Oasis Pro Markets gains a single, standardized connection to fund companies, wealth management platforms,

According to ChainCatcher, Ethereum (ETH) broke through $2,450 on September 17, trading at $2,452 with a 24-hour gain of 1.86% based on Gate price data.

According to Chinese Embassy spokesperson Ji Lingpeng, on September 17, China rejected Poland's backing of the 2016 South China Sea arbitration ruling after Polish Deputy Foreign Secretary Bartoszewski stated in a Philippines media interview that China has an obligation to comply with the decision. China's embassy statement reaffirmed that the arbitration ruling is illegal, invalid, and has no binding force, and that China neither accepts nor recognizes it. The embassy urged Poland, which is not

According to Bloomberg, Libya's Hamada and Tahara oil fields resumed production this week after security forces reopened pipeline valves that had been shut down in a wage dispute. Masoud Suleman, chairman of Libya's National Oil Corporation, confirmed that normal production levels have been restored. Oil facility security personnel had closed a valve on the Hamada-Zawiya main pipeline on Tuesday, halting operations at both fields and the NC5 pump station.

According to Shanghai Futures Exchange (SHFE) data reported by Jin10, as of September 17, warehouse inventories across metal futures declined generally. Aluminum futures holdings fell to 189,895 tons (down 5,325 tons day-over-day), while zinc inventories decreased to 94,053 tons (down 980 tons), and silver holdings dropped to 1,397,769 kilograms (down 7,633 kilograms). Copper, lead, nickel, tin, and international copper futures inventories also posted declines. Gold futures inventories remained

According to Jin10, on September 17, pulp futures warehouse inventories rose to 419,913 tons, up 1,597 tons from the previous trading day. In the same period, low-sulfur fuel oil futures warehouse inventories remained at zero, declining 3,440 tons compared to the previous trading day.

According to Verisk Maplecroft, extreme weather linked to El Nino and conflict-driven supply chain disruptions are intensifying food security risks across Asia. The consultancy's report, released Thursday, highlights dual threats from Iran-related fuel and fertilizer shortages alongside extreme weather impacts. Indonesia, the world's largest palm oil producer, faces uncontrollable wildfires affecting harvests, while India—the global leading rice exporter—is experiencing monsoon rainfall 15% belo

On September 16, Lumentum and Coherent surged 9.6% and 6.9% respectively, bucking weakness across the S&P 500 following the Federal Reserve's rate hike. According to market analysts, traders are shifting funds into segments of the AI supply chain with proven demand and confirmed spending. Jake Behan, Direxion's capital markets lead, noted that investors favor areas with "actual orders and capacity expansion." Joseph DeYonker, PurePlay ETFs CEO, highlighted that optical connectivity manufacturers

Spot platinum and palladium rose 1.82% and 1.60%, respectively, by 3 p.m. Beijing time on September 17.

According to Arkham, over the past 20 days, BlackRock's spot Ethereum ETF ETHA has purchased approximately $1.27 billion in ETH, while its staking variant ETHB has bought around $296.5 million in ETH. During the period, ETHB recorded no single day of net outflows.

According to predict.fun, IG has a 55% probability to defeat TES in the LPL Worlds Qualifier today. The best-of-five matchup is scheduled for 5 p.m. today (September 17). The winner will secure the LPL third seed position for the 2026 League of Legends World Championship.

Turkey's BIST-100 index fell 1.3% during early trading on Sept 17, while the banking sector index rose 0.3%.

According to Yonhap Infomax, South Korea's KOSPI index closed down 2.56 points (0.04%) at 6,715.41 on September 17, pressured by concerns over a U.S. Federal Reserve rate hike and sustained foreign selling. The Federal Reserve raised its benchmark rate by 0.25 percentage points to 3.75–4.00% overnight, marking its first rate increase in over three years. The move widened the interest rate gap between the U.S. and South Korea back to approximately 1 percentage point, triggering continued foreign

According to Turkey's Financial Stability Committee, recent market issues are concentrated in specific segments of the fund market and are temporary and controllable in nature. The committee assessed that recent market volatility poses no fundamental or structural risk to the Istanbul Stock Exchange or Turkey's capital market operations.

According to a Morgan Stanley report from September 15, the bank maintained an overweight rating on SpaceX with a $300 price target, implying 102.5% upside from the current $148.15. The bank valued AI computing at $165, accounting for over half of total valuation, alongside satellite broadband at $118, rocket launches at $8, and X and Grok at $8. Morgan Stanley also raised 2026 earnings-per-share estimates by 1% and 2027 estimates by 3.8%, citing SpaceX's newly disclosed $1.1 billion neocloud tr