Gate Crypto Flash News and Market Updates

According to @SolanaFloor, Circle minted 500 million USDC on Solana in the last 24 hours, reflecting growing demand for stablecoin liquidity. The minting activity highlights shifting market dynamics as traders seek additional liquidity options within the Solana ecosystem.

According to Nomura Securities, on September 4, Samsung Electronics and SK Hynix maintained buy ratings with target prices of 670,000 and 4.7 million Korean won respectively. Nomura said the companies are trading at historically low valuations, having declined 37% from recent highs and trading at an average 3x forward P/E multiple. The brokerage cited strong memory chip demand driven by artificial intelligence investments while supply remains severely constrained. Long-term contracts (LTA) with

According to ChainCatcher, on-chain analysts detected Ethena project-linked address transferred 14 million ENA to Bybit 6 hours ago after remaining dormant for 2 years. The tokens were worth approximately $6.89 million at receipt (trading at $0.4928 per token) and are now valued at only $2.41 million, marking a loss of $4.48 million from the deposit value and over $8.735 million from its peak valuation.

According to Bitget, the platform launched GoPro (GPRO) stock perpetual contract on September 4. The contract is settled in USDT and supports up to 20x leverage with 24/7 trading availability. Bitget now offers 304 stock perpetual contract instruments.

According to BlockBeats, Predict.fun launched a SHEIN price prediction market today (September 4), allowing users to forecast daily price movements and execute trades based on the stock's direction.

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,356.70 won on September 4 as softer-than-expected Federal Reserve signals boosted demand for the Korean won. The pair dropped 2.60 won from the previous day's close of 1,359.30 won, with an intraday low of 1,355.30 won. Fed Governor Christopher Waller signaled dovish sentiment overnight, stating that recent data suggests early signs of disinflation, fueling expectations of interest rate cuts. The dollar index declined to 98.97, whil

According to Yonhapinfomax, the USD/JPY exchange rate traded near 155.73 yen on September 4, approaching the 155.20 yen level set following the joint U.S.-Japan intervention in late July. Amid expectations of accelerating rate hikes by the Bank of Japan, overseas hedge funds have begun adjusting positions, with increased inquiries for yen call options signaling reduced confidence in their ability to resist policy shifts through leverage alone. Overnight, reports that Japan's Government Pension I

According to Yonhapinfomax, the USD-KRW spot mid-rate (MAR) traded at minus 0.05 won in Seoul foreign exchange market before 9 a.m. on Sept 4. NDF fixing positions were held at square, indicating neutral market positioning among regional participants at market open.

On September 2, Curve DAO appointed yRisk as risk manager for crvUSD and Llamalend projects, replacing LlamaRisk, with the governance vote receiving approximately 536.9 million veCRV in support. yRisk will receive 125,000 frxUSD and 568,181 CRV through one-year vesting streams. The appointment comes despite prior concerns over a $9.6 million exploit linked to Resupply, a developer group associated with yRisk, raising questions about the DAO's risk management strategy.

According to FinCEN's Sept. 3 announcement, the Treasury Department's Financial Crimes Enforcement Network identified approximately $12.7 billion in financial activity tied to suspected digital asset investment scams. The analysis covered 33,904 Bank Secrecy Act reports filed between September 2023 and December 2025, affecting people across all 50 U.S. states. Transnational criminal organizations based predominantly in Southeast Asia operate the scam infrastructure, using fake personas, shell co

According to ChainCatcher, blockchain verification and audit platform Assure DeFi announced it will cease operations and no longer accept new business. The company stated it has completed verification for over 1,500 projects, involving assets valued at over $2 billion. Existing KYC and audit records will remain valid and publicly searchable after closure. The team will shift focus to its AI agent business, Brainverse.

According to Economist, on September 4, foreign investors and institutional buyers returned to Korean markets after six trading days, driving the KOSPI higher as U.S. Treasury yields declined. However, Samsung Electronics and SK Hynix—the index's primary drivers—showed gains of roughly 2% but remained unable to break key resistance levels, with Samsung capped near 255,000 KRW (below 260,000 KRW) and SK Hynix stuck around 1.6 million KRW (below 1.7 million KRW). U.S. Treasury yields remained elev

According to the Capital Market Research Institute, South Korea's retirement pension assets have accumulated to 501.4 trillion won as of end-2025, yet the 10-year average return rate stands at only 2.64%, according to a policy briefing held today (September 4). Research fellow Nam Jae-woo highlighted that 75.4% of total assets remain concentrated in principal-guaranteed products, limiting long-term wealth accumulation. Last year, the overall fund return was 6.5%, but principal-guaranteed product

According to TradingBeats monitoring, on September 4, four major addresses placed approximately $118 million in buy orders below the $76,700 level when Bitcoin was trading at $78,765. Although the addresses serve different purposes, they align on a bullish signal.

According to Yonhap News, Japan's Nikkei 225 index rose 244.30 points (0.38%) to 64,458.78 on September 4, following dovish remarks from Federal Reserve official Christopher Waller overnight. Waller stated that recent inflation indicators suggest disinflationary trends, and if this momentum continues over the next two weeks, he would lean toward maintaining the current federal funds rate target range. The index was supported by bank stocks including Mitsubishi UFJ Financial, Sumitomo Mitsui Fina

According to Jin10, as of September 4 at 10:30 AM, gold bar prices from major Chinese banks and brands rose broadly, with A-One Gold Shop posting the largest gain of 20 yuan per gram compared to the previous day.

According to Bluewhale News on September 4, Bytedance and ZTE's Nubia NaviX Ultra smartphone will feature Changxin Technology's 10667Mbps LPDDR5X memory. Changxin confirmed this marks the first mass production application of domestically-produced 10667Mbps high-speed LPDDR5X memory chips.

According to JPMorgan Chase, on September 4, the bank warned that if USD/JPY breaks below the 155 level, approximately $102.6 billion in unhedged Japanese yen shorts could trigger concentrated covering, potentially pushing the pair into the 142-146 range. JPMorgan strategist Junichiro Tamase noted that large-scale yen short positions may not yet be fully unwound, and breaking 155 would heighten the risk of a cascading selloff.

At early trading close on September 4, Japan's Nikkei 225 index rose 0.9%, while the Topix index fell 0.2%.

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate midpoint price stood at 152,200 yuan per ton today, down 1,900 yuan from the previous day's 16:30 close.