Gate Crypto Flash News and Market Updates

SPCX stock rose 5.04% intraday today, trading at $147.79.

According to S&P Global, the U.S. composite Purchasing Managers' Index (PMI) for August came in at 56, matching the previous month's reading of 56, indicating steady economic activity.

According to podcaster Terence Michael, a $70 million Bitcoin movie directed by Doug Liman entered post-production in 2026. The film stars Gal Gadot, Casey Affleck, Pete Davidson, and Isla Fisher, with production using artificial intelligence to create environments. Terence Michael noted that the film's depiction of Craig Wright as Satoshi Nakamoto will likely divide the Bitcoin community. He warned that mainstream audiences may accept the narrative as fact, leaving Bitcoin advocates to defend a

Irish Prime Minister Martin has set a goal to secure an EU small and medium-sized enterprise (SME) proposal before Christmas 2026.

CBOT wheat futures declined 3.5% during intraday trading on September 3, settling at 769.5 cents per bushel.

According to Bloomberg, Saudi Arabia's PIF-backed AI company Humain released an artificial intelligence model called humain-m3 based on China's MiniMax M3. The model aims to strengthen the Arabic language AI ecosystem and advance frontier AI development, reflecting growing efforts by nations to enhance control over critical AI technologies through sovereign platforms and open-source models.

S&P Global's U.S. services sector purchasing managers' index (PMI) came in at 56.5 in August, down from an initial reading of 56.8.

Liquefied petroleum gas (LPG) futures broke through 6,500 yuan per ton during intraday trading today, September 3, gaining 2.75% on the session.

According to U.S. media reports on September 2, President Trump suggested Army Secretary Daniel Driscoll remain in his position at least until the November midterm elections, according to Xinhua. The reason behind Trump's suggestion remains unclear.

Moderna (MRNA) shares declined 4.3% to $144.30, according to Rothschild & Co., which now views the company as overvalued following its 177% surge since August 19 driven by cancer vaccine optimism. The stock remains near its recent highs despite the pullback.

Gate News message, Large-cap crypto assets demonstrated strong performance in August. All Top 10 gainers recorded returns above 60%. Launchpads, DeFi, and meme-related tokens showed strong momentum. $BTW posted gains of 298%, $PUMP increased 112%, $ZEC rose 83%, and $ENA also appeared among the top performers.

According to BIT market data, crypto-related stocks rallied at the opening of the U.S. market on September 3. Microstrategy (MSTR) surged 6.62%, with its perpetual preferred stock STRC trading at $97.22; Coinbase (COIN) rose 6.3%; and Circle (CRCL) gained 7.05%.

According to GoPlus, Web3 experienced 33 major security incidents in August, totaling approximately $188.1 million in losses. Exploitation-type attacks accounted for 28 incidents with $162.3 million in losses. The largest single incident was a price manipulation and over-borrowing attack on Tectonic, resulting in $75 million in damages.

According to BlockBeats citing BIT market data, on September 3, U.S. stock indices opened higher: the Dow rose 0.59%, S&P 500 up 0.4%, and Nasdaq up 0.45%. Storage sector stocks declined sharply: Western Digital (WDC) fell 5.1%, Seagate (STX) down 4%, SK Hynix (SKHY) down 3.4%, Micron (MU) down 2.2%, and SanDisk (SNDK) down 1.6%.

Coinbase stock (COIN) rose 5.14% during intraday trading today, reaching $184.42.

According to Solana's official announcement, the platform has partnered with The Luxury Closet to tokenize luxury goods, starting with Birkin bags. The Luxury Closet will handle the authentication process, with Solana aiming to enhance market accessibility for high-end items on blockchain.

According to Coinglass, the cryptocurrency market experienced $248 million in liquidations over the past 24 hours, with $80.1 million in long liquidations and $168 million in short liquidations. Bitcoin long liquidations totaled $9.56 million, while short liquidations reached $50.33 million. Ethereum recorded $16.13 million in long liquidations and $20.49 million in short liquidations. The largest single liquidation occurred on Bybit for AKEUSDT at $4.74 million.

According to ChainCatcher, Snowflake surged 24% on market open today (September 3) after reporting Q2 earnings that beat expectations and raising full-year guidance. The broader U.S. market also gained ground, with the Dow Jones index rising 0.59%, the S&P 500 climbing 0.4%, and the Nasdaq advancing 0.45%. Broadcom fell over 4% following Q4 guidance that came in below market expectations.

According to Axios, OpenAI will host 300 security leaders at its headquarters on Thursday.

Canada's S&P Global Services PMI fell to 46.8 in August from 49.1 in July, indicating a contraction in the services sector. The index remained below the 50-point threshold that separates expansion from contraction.