Gate Crypto Flash News and Market Updates

According to ChainCatcher, U.S. President Trump urged the Federal Reserve to cut interest rates on the back of stronger-than-expected August employment data. U.S. employers added 162,000 jobs in August, roughly double to triple the expected level, Trump said. He argued the nation's improved credit situation warrants lower rates and that the U.S. should enjoy the world's lowest interest rates.

According to U.S. Central Command, the U.S. military attacked three Iranian oil tankers on September 5.

According to Coinglass, Binance recorded net inflows of $195 million USDT in the past 24 hours.

According to Injective's official announcement on September 3, Pineapple Financial tokenized more than $1 billion in residential mortgage records on the Injective blockchain. The lender migrated 2,079 mortgage files to the blockchain, representing roughly 7% of its overall $10 billion mortgage portfolio. The blockchain records provide a digital layer for recording and verifying mortgage information while preserving the original loan agreements. Pineapple Financial plans to expand the initiative

According to Tankertrackers, the Iranian VLCC 'DOWNY' operated by the National Iranian Tanker Company sustained damage to the engine room today (Sept 5, around 12:45 PM Beijing time). Satellite imagery showed the vessel in ballast condition with no oil cargo, and multiple tugboats were active around the ship's port stern, consistent with vessel identification system data. Thermal imaging showed no visible fire or smoke.

According to Coinglass data, the crypto market saw $135 million in liquidations over the past 24 hours, with long positions accounting for $56.55 million and short positions for $78.73 million. A total of 60,331 traders were liquidated during the period, with the largest single liquidation occurring on Binance BTCUSDT at $4.43 million.

According to HyperliquidNews monitoring, Unit Labs received 500,000 HYPE from unstaking 3 hours ago and transferred the tokens to a new wallet.

According to onchain analyst Mlm onchain, TradeXYZ deployed its HIP-4 DEX on Hyperliquid on Sept 5 at 21:15 Beijing time, as confirmed by chain records.

TARA's price fell 25.49% to $0.00002484 in the last 30 minutes amid broader altcoin volatility. The token peaked at $0.00003427 earlier today before the sharp decline, which follows a 26.43% drop over the past 24 hours. With a current market cap of $166,398 and 24-hour trading volume of $41,940, the token is experiencing significant liquidity constraints as traders reassess positions across the altcoin sector.

According to Axios, over the past six months, Republican consumer confidence in the U.S. economy has declined at the fastest pace since the COVID-19 pandemic, reaching levels comparable to the 2008 financial crisis period. Despite Republicans controlling the White House, GOP voters have turned increasingly pessimistic about the economy this year. University of Michigan consumer survey director noted that Republicans initially held strong expectations for the government's economic policies, inclu

According to Guru Club, on September 5, DeepSeek plans to deploy at least 160,000 Huawei Ascend 950DT chips in a data center being built in Inner Mongolia for model inference. If completed as scheduled, this would become one of the largest domestic AI chip clusters known to date, with the facility planned to operate at gigawatt-level power capacity. DeepSeek and Huawei are jointly designing Ascend supernode architecture to optimize long-context reasoning, reduce latency, and improve throughput.

According to Guru Club, Brent crude oil broke through $95 per barrel on September 5, up 0.8% intraday.

According to on-chain analysis from PredictBook, six Polymarket wallets placed $3.6 million in bets against the Digital Asset Market Clarity Act becoming law before Dec. 31, 2026, as of Sept. 4-5. The largest position, wallet TahitiBob, holds over 1 million "No" shares at an average entry price of $0.855, spending approximately $456,000 on Sept. 4 alone. The timing coincides with the Senate's scheduled Sept. 15 procedural vote on the bill. If the Clarity Act fails to pass, the six wallets would

According to Bitcoin News, El Salvador President Nayib Bukele denied on X platform reports claiming the country transferred majority ownership and control of its over 7,763 bitcoins to private operators, calling the El País article "completely false." Bukele clarified that the International Monetary Fund statement cited by El País referred to Chivo wallet shares, not El Salvador's strategic bitcoin reserves.

According to Jin10 Data citing U.S. Northern Command, the U.S. military has shot down more than 300 drones operated by drug trafficking organizations at the U.S.-Mexico border so far this year as of September 4. The military deployed kinetic and non-kinetic systems to support U.S. Customs and Border Protection, with over 100 units downed in August alone. The military began using the Army's Multi-Utility Tactical Transport (High Energy Laser) system on August 24, shooting down 11 cartel drones wi

According to Anthropic, Claude AI completed the first computer-verified proof of Fermat's Last Theorem on September 4, generating 13 million lines of code that a computer can check line by line. Claude finished the formalization in 11 days, largely on its own, surpassing a human-led project at Imperial College London that has been running since 2024. Mathematician Kevin Buzzard, leading the Imperial project, reviewed Claude's proof and confirmed it holds up using nothing but mathematics' most ba

According to Mlm Onchain, trader Loracle increased PONS short positions by 8 million tokens on September 5. Total short holdings now stand at 17.4 million PONS worth $15.6 million, with unrealized losses of $6.3 million. Loracle continues to add to the short position.

According to Onchain Lens, a whale withdrew 976,700 HYPE (approximately $8.25 million) from four exchanges within the past hour on September 5. The withdrawals included 460,000 HYPE ($3.88 million) from OKX, 290,000 HYPE ($2.45 million) from Bybit, 130,000 HYPE ($1.1 million) from Kraken, and 9,670 HYPE ($816,000) from Gate.

According to Onchain Lens monitoring data reported by ChainCatcher, a whale withdrew 97,670 HYPE tokens valued at approximately $8.25 million from four exchanges within the past hour on September 5. The breakdown includes 46,000 HYPE ($3.88M) from OKX, 29,000 HYPE ($2.45M) from Bybit, 13,000 HYPE ($1.1M) from Kraken, and 9,670 HYPE ($0.816M) from Gate.

According to ChainCatcher, Robinhood Chain has halted block generation for over 4 minutes as of today, based on on-chain data.