Gate Crypto Flash News and Market Updates

Corning Inc. completed an equity offering agreement worth up to $2 billion on September 11. The company's stock (GLW) declined 3% in after-hours trading following the announcement.

On Friday (September 11), emerging markets ETF rose 1.25%, leading major asset class ETFs, while Brent oil fund fell 2.79%. U.S. equity ETFs also gained, with Dow Jones ETF up 0.97%, Nasdaq-100 ETF up 0.87%, and S&P 500 ETF up 0.85%. Real estate, convertible bonds, and gold ETFs each climbed at least 0.61%, while yen long and Russell 2000 index ETF rose 0.47% and 0.41% respectively. U.S. long-term Treasury ETF rose 0.11%, and long U.S. dollar index rose 0.14%. Decliners included euro long down 0

On September 11, crude oil futures prices declined at the close. WTI crude for October delivery fell $2.43 to $100.05 per barrel, down 2.37%, while Brent crude for November delivery dropped $3.02 to $104.61 per barrel, down 2.81%.

According to Yonhapinfomax, on September 11, the three major U.S. stock indices closed higher on mixed inflation signals and lower Treasury yields. The Dow Jones Industrial Average gained 509.19 points (0.98%) to 52,573.29. The S&P 500 rose 65.28 points (0.86%) to 7,656.98. The Nasdaq Composite climbed 251.31 points (0.96%) to 26,333.04.

According to ChainCatcher, Binance's Bitcoin reserves have surpassed 693,000 BTC, an increase of approximately 77,000 BTC since late April. The holdings represent roughly 30% of total Bitcoin reserves held by major crypto exchanges. Bitcoin is currently trading below the long-term holder supply dense zone between $83,000 and $85,000, with a new accumulation support level forming near $75,000.

According to the Federal Reserve, U.S. bank deposits reached $19.566 trillion last week, up from $19.559 trillion the previous week.

Today on September 11, S&P 500 sectors delivered mixed results. The telecommunications sector led with a 1.35% gain, while consumer discretionary, information technology, and industrials advanced at least 1.07%. Energy rose 0.34%, posting the smallest gain among gainers. Healthcare and utilities declined, falling 0.14% and 0.34% respectively.

According to Jin10 citing Nick Timiraos, the Federal Reserve is widely expected to raise rates next week for the first time in three years. However, a single 25-basis-point hike will not be sufficient to address inflation, as few within the Fed believe a one-time increase solves the problem. Without clear communication, markets may interpret a single hike as the beginning of larger-scale action. Markets currently expect cumulative rate increases of at least three times by June 2027, up from prio

According to Stocktwits, Oklo Inc. (OKLO) stock declined up to 4% on Friday (September 11) following the launch of a new $1 billion at-the-market (ATM) equity offering program. The nuclear technology company will sell up to $1 billion in Class A common stock through the facility, with Goldman Sachs, Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley serving as sales agents. The program replaces a prior ATM under which Oklo had raised approximately $1 billion.

According to UBS, on September 11, the investment bank downgraded NuScale Power Corp. (SMR) to Sell from Neutral and slashed its price target to $6 from $10, implying roughly 41% downside potential. SMR stock fell more than 8% and ranked among top trending tickers on Stocktwits. UBS cited meaningful challenges including competitors' faster construction progress, NuScale's estimated build timeline exceeding five years, and lack of firm customer commitments. The firm forecasts approximately $700 m

On Friday (Sept 11), U.S. sector ETFs rose broadly, with semiconductor ETF leading gains at 1.47%. Technology sector ETF, global technology stock index ETF, internet stock index ETF, global airline ETF, and industrial index ETF each rose at least 1.06%. Energy ETF gained 0.31%, while healthcare ETF and utility ETF declined 0.18% and 0.33% respectively. Year-to-date, semiconductor ETF has advanced 57.87%, energy ETF up 47.68%, and global technology stock index ETF and technology sector ETF each u

According to Bloomberg, the Electric Vehicle Price Return Index fell 1.21% to 3,319.82 points on Friday, September 11. The index declined 2.90% for the week, with a peak of 3,420 points on September 8-9, followed by a sustained downturn through September 10-11.

According to a statement from Saudi Arabia's energy ministry on September 11, the Riyadh and Madinah segments of the country's East-West pipeline came under multiple attacks on the morning of September 10. The government has implemented preventive closure measures following the incident. The attacks resulted in injuries to several personnel. Emergency and technical teams have been mobilized to assess the pipeline's condition and ensure safety, the ministry said, without disclosing details on the

U.S. Defense Secretary Austin Hegeth will meet with German Defense Minister Boris Pistorius on September 15. The bilateral meeting marks continued diplomatic engagement between the two defense departments.

As of today (September 11), the Nasdaq Golden Dragon China Index closed up 0.4%, while declining 4% for the week. Among major Chinese-listed stocks, NIO rose 2.8%, New Oriental Education climbed 2.2%, Xiaomi gained 1.8%, Tencent advanced 1.4%, Baidu increased 1%, and Alibaba rose 0.6%. In ETF trading, KWEB gained 0.7% and CQQQ closed up 0.6%.

This week through Friday (September 11), the S&P 500 fell 0.4%, Dow Jones declined 1.5%, and Nasdaq dropped 0.5%. On Friday, as U.S. CPI inflation data was released, the S&P 500 rebounded to close up 0.8%, with telecommunications, technology, and industrial sectors each rising at least 1%. Among Nasdaq 100 components, semiconductor stocks like ADI gained 4.7%, NXP rose 4.5%, and Cisco climbed 4.3%, though storage chip stocks such as Western Digital and Seagate declined 3% and 3.7% respectively.

On September 11, the U.S. dollar strengthened against the Swiss franc, rising 0.48% to 0.8167 as of New York's market close. The pair spiked further 60 seconds after the U.S. CPI inflation data release at 20:30 Beijing time, bringing weekly gains to 0.84% (the week the European Central Bank announced a rate hike on Thursday).

This week, New York cocoa futures declined 4.24%, closing at $5,913 per metric ton on Friday (September 11), while London cocoa futures fell 4.54%. ICE arabica coffee futures dropped 3.35% and coffee C futures fell 2.95%, though robusta coffee gained 2.68%. ICE raw sugar futures rose 0.72% and white sugar futures climbed 0.65%.

According to the CFTC, fund managers reduced S&P 500 futures net long positions to their lowest level last week, indicating a pullback in bullish sentiment among major market participants.

According to the U.S. Department of Labor and CME data, on September 11, COMEX December gold futures (GCZ6) declined 0.05% to $4,405.20 per troy ounce after the August core Consumer Price Index rose 0.3% month-over-month, exceeding market expectations of 0.2%. The stronger-than-expected inflation reading triggered a sharp increase in Fed rate hike expectations. According to CME FedWatch, federal funds rate futures showed a 86.5% probability of a rate increase in the following week as of 1:07 PM