Gate Crypto Flash News and Market Updates

The U.S. dollar weakened against the Japanese yen, with USD/JPY declining 0.7% to around 157.64 during intraday trading on September 3, reaching its lowest level in nearly four weeks.

According to JP Morgan's Global Market Strategy team report on September 1, the bank reversed its cautious outlook and shifted to a bullish stance, recommending investors maintain equity exposure through year-end and view recent market declines as buying opportunities. The bank assessed that geopolitical risks and rate volatility would have only short-term impact, with corporate earnings revisions turning positive and global economic momentum intact. JP Morgan highlighted semiconductor sector ov

According to HTX, Solana (SOL) fell below $100 on September 3, trading at $99.92 with a 24-hour decline of 0.17%.

According to Odaily, GMERALD meme token's market capitalization broke through $1.45 million on Robinhood recently. The token combines GME narrative elements with gerbil imagery and is built on Pons blockchain.

According to Bitget data cited by BlockBeats, South Korea's KOSPI index fell 1.00% on September 3, with SK Hynix leading losses at down 2.36% and Samsung Electronics declining 1.8%. Leveraged tracking products mirrored the declines, with 2x long Hynix futures falling 5.75% and 2x long Samsung futures down 4.51%.

According to Larry Holzenthal, senior portfolio manager at Catalyst Funds, on September 3, global bond markets are being driven by different factors across regions. U.S. corporate earnings remain relatively strong compared to other developed markets, while most countries face high government debt levels. Rising oil prices and energy costs are creating additional market pressures, with inflation also weighing on bond valuations.

According to lawyer Ariel Givner, Ledger faced a collective lawsuit today (September 3) over a December 2023 data breach, with plaintiffs alleging the company downplayed the incident and failed to promptly disclose it. The breach exposed customer names, emails, and phone numbers, which hackers subsequently used to impersonate Ledger and trick users into approving fraudulent transactions. The data eventually circulated on the dark web and black markets. Plaintiffs cited a pattern of negligence in

Brent crude oil declined 1.0% intraday, trading at $94.67 per barrel on September 3.

According to Beating AI, enterprise AI platform Wonderful completed a $550 million Series C funding round at a $5 billion valuation in early September. Insight Partners led the round, with Salesforce participating as a new investor. The company's valuation has surged 2.5 times since March, when it raised $150 million at a $2 billion valuation. Wonderful's annualized revenue has reached approximately $70 million, with targets exceeding $100 million by year-end, up from $7 million in December 2025

According to Kommersant, Russia's Digital Currency and Digital Rights Law took effect on September 1 but full domestic crypto trading remains suspended pending Central Bank regulatory guidance expected in early December. The law currently addresses only cross-border foreign exchange transfers. Sberbank plans to complete digital custody infrastructure by December 1, while Finam expects to launch services in early 2027. Central Bank Governor Elvira Nabiullina confirmed that transferring crypto ass

According to Circle, the stablecoin issuer added EURC (Euro Coin) to its Cross-Chain Transfer Protocol (CCTP) on September 2, enabling native transfers of the euro-denominated stablecoin across blockchains. EURC support launched initially on Ethereum and Base, using the same Burn-and-Mint mechanism as USDC, where tokens are burned on the source chain and newly minted on the destination chain. This consolidates fragmented liquidity across supported blockchains and accelerates cross-chain payments

According to TradingBeats, on September 3, a trader at address 0xbf34 was holding 151,515 LIT tokens with an average entry price of $1.2643, generating unrealized gains of $397,000 with a 1,036% return on 5x leverage. The trader initially attempted a long position on January 31 with an average exit price of $1.37, realizing a loss of approximately $17,900. After LIT fell to near-term lows in late March, the trader re-entered on April 1 at $0.858, just 10% above the March 31 low of $0.78. The ini

According to Jin10, Japanese yen strengthened during Asian trading on September 3 amid speculation over Bank of Japan rate hike plans. The currency rallied sharply during the previous U.S. session, triggering market speculation of possible Japanese government intervention. BOJ hawkish member Takahiro Tatsuta's recent comments on rate-hike pace, combined with market expectations that Japan's Government Pension Investment Fund (GPIF) may reconsider asset allocation, have supported the yen. Malaysi

According to Yonhap Infomax, Palantir Technologies (PLTR) stock fell 5.81% to close at $169.46 on September 2, despite the company securing a U.S. Army production contract for its TITAN (Tactical Intelligence Targeting Access Node) AI system and announcing the appointment of former AIG CEO Peter Zaffino as global financial services head. Analysts attributed the decline to profit-taking pressure amid a soaring price-to-earnings ratio of 144x, which has raised valuation concerns for the growth sto

According to U.S. Attorney General Todd Blanche, this week hackers launched a password recovery attack targeting hundreds of thousands of X users. The platform said it successfully blocked the attack to prevent account takeovers. The Department of Justice is working closely with X to identify the attackers.

According to BlockBeats, Robinhood chain DEX trading volume reached an all-time high of $1.89 billion in the past 24 hours, according to Dune data. The Pons launchpad platform dominated token offerings with 24,010 tokens issued in the same period, while generating $5.95 million in protocol fees—ranking fourth across all platforms.

According to U.S. Attorney General Todd Blanche, X platform users were targeted by a large-scale password recovery attack this week. The attack affected tens of thousands of users, but X successfully blocked the assault to prevent account hijacking. The U.S. Department of Justice is working closely with X to investigate and track down the attackers.

According to Beating AI, AI consumer research company Conveo has completed a $50 million Series A funding round, bringing total funding to $55.8 million. Investors include DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator; the new capital will be deployed for U.S. expansion. Conveo's platform enables AI to conduct interviews with consumers via video, voice, or text, dynamically asking follow-up questions rather than adhering to fixed questionnaires. The company rep

According to PRNewswire, Hyperscale Data ceased all Bitcoin mining operations at its Michigan facility on Wednesday (Sept. 3) to convert the site into an artificial intelligence data center. The shutdown follows inspection by an unnamed California-based AI provider that contracted for 20 megawatts of computing capacity under a 10-year master services agreement, estimated to generate over $1.2 billion. The company has also sharply reduced its Bitcoin treasury to fund the AI expansion. Hyperscale

According to Jin10 data on September 3, Europe's natural gas storage remains insufficient as summer ends, with a potential global supply competition that could drive up winter prices. To meet the minimum 75% storage target, Europe currently needs to add over 100 terawatt-hours (TWh) of natural gas, valued at approximately 7 billion euros (about $8.1 billion), at an unprecedented pace since the 2022 energy crisis. Goldman Sachs, Rystad Energy, and Morningstar have warned that this supply squeeze