Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
07:09
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Trump to Host Xi Jinping for State Dinner at White House on September 24

According to RTHK and Hong Kong 01, U.S. President Donald Trump announced on September 4 that he will host Chinese President Xi Jinping for an official state dinner at the White House on September 24. Trump emphasized that the two countries maintain excellent trade relations and that his relationship with Xi is very good. China is expected to send a large-scale business delegation alongside Xi during the visit, signaling Beijing's commitment to investment and economic cooperation with the United
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07:01
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Iranian Oil Tanker Near Halul Island Struck by Missiles on September 5

According to Iran's SNN news agency, an Iranian oil tanker positioned near Halul Island was struck by missiles on September 5, with no casualties reported so far. The incident comes after earlier reports of explosions in the vicinity, though no smoke or fire was observed over the Persian Gulf waters.
07:00
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Bitcoin Drawdown Shrinks to 53% This Cycle, vs 85% in 2014

According to research by Galaxy Digital, Bitcoin drawdowns have narrowed significantly across market cycles. The latest drawdown of 53% in 2024-2025 is substantially smaller than the 85% decline in 2014, 84% in 2017, and 77% in 2020-2021. The magnitude of gains from cycle lows to subsequent all-time highs has also declined in tandem, falling from 580x, 130x, and 22x in prior cycles to 8x in the current cycle, according to research shared by Galaxy Digital's Alex Thorn.
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BTC-1.42%
07:00
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Account Places $74,600 Bet on Fed Holding Rates Unchanged in September

According to PPP's prediction market tool, an account (0x011175c87089797b1c5bebcfb6d501b4c51d60f7) purchased $74,600 worth of positions predicting the Federal Reserve will hold rates unchanged in September on Polymarket. The purchase consisted of 153,845.8 shares at an average price of 53.6 cents per share. The Federal Reserve's next FOMC meeting is scheduled for September 15-16, 2026, and the market will settle based on the Fed's interest rate decision during that meeting.
06:59
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Vesu Protocol: 47 Positions Liquidated for $3M Amid Pragma Price Oracle Failure on September 4

According to ChainCatcher, Starknet lending protocol Vesu experienced an oracle incident on September 4, with a faulty Pragma price source causing 47 positions and $3 million in collateral across multiple Vesu pools to be liquidated between UTC 04:08 and 04:10. The price source self-corrected within two minutes and has not been affected since. Pragma has deployed fixes targeting the root cause. Vesu stated its contracts operated as designed with no protocol vulnerabilities; the issue stemmed fro
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STRK11.49%
06:58
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Japan Reaffirms $550B U.S. Investment Pledge, 15% Tariff Rate on Sept 4

According to Kyodo News, on September 4, Japan's Minister of Economy, Trade and Industry Akasawa Ryosei reaffirmed with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer that Japan will proceed with its commitment to invest $550 billion in U.S. strategic sectors including oil and gas, critical minerals, and nuclear energy through 2029. The U.S. confirmed it will maintain a 15% tariff rate on Japanese automobiles and waive additional tariffs on existing products
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06:53
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Uniswap Burns 178,000 UNI Yesterday, Robinhood Chain Accounts for 80% with 144,000 Tokens

According to ChainCatcher and DUNE data, Uniswap's official burn mechanism burned 178,000 UNI tokens yesterday (Sep 4), valued at over $1.11 million. Robinhood Chain contributed 144,000 tokens, or over 80% of the total, significantly outpacing Ethereum, Base, and other networks. The strong burn activity reflects the current momentum of the Robinhood Chain ecosystem following Uniswap's July governance proposal to extend fee collection and UNI burn mechanisms to the chain.
UNI-1.06%
06:53
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Uniswap Protocol Burns 178,000 UNI Overnight, Robinhood Chain Accounts for 144,000 UNI Alone

According to BlockBeats, yesterday (September 4), Uniswap protocol burned 178,000 UNI worth over $1.11 million through its official burn mechanism, according to Dune data. Robinhood Chain single-handedly contributed 144,000 UNI, or over 80% of the total burn volume, significantly outpacing Ethereum, Base, and other chains and reflecting the current momentum in the Robinhood Chain ecosystem.
UNI-1.06%
ETH-2.15%
06:52
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Magnificent Seven ETF Turns Negative Against U.S. Momentum Factor for First Time

According to Seeking Alpha, the Magnificent Seven ETF (MAGS-US) and the iShares MSCI U.S. Momentum Factor ETF (MTUM-US) recently turned negative in their 21-day rolling correlation coefficient for the first time, signaling a divergence between mega-cap tech stocks and broader market momentum. The seven companies tracked by MAGS—Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla—have historically moved in sync with momentum stocks. However, capital has recently shifted toward memory chip
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06:46
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Hong Kong SFC to Issue AI Governance Guidance, Shorten License Processing Time

According to Hong Kong Securities and Futures Commission Chief Executive Maggie Leung, the SFC is considering providing further guidance to help institutions implement existing regulatory principles in agentic AI systems. Rather than regulating technology design details, the guidance will clarify expected regulatory outcomes: clearly defining responsibility and enforcing effective human oversight, establishing controlled access rights and specified use cases, conducting robust testing before dep
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06:45
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PONS Market Cap Surges Past $500M to $523M, Up 12% in 24 Hours

According to ChainCatcher and GMGN data, PONS market cap surged past $500 million to $523 million, with a 24-hour gain exceeding 12%. The token ecosystem also announced that 29.34% of total PONS token supply has been burned to date, with 80% of protocol fees allocated toward continued PONS buyback initiatives.
06:40
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19% of Central Banks Increase Domestic Gold Reserves in Past 12 Months, Shifting Away from Western Vaults

According to World Gold Council's 2026 central bank gold reserve survey cited by Jin10 on September 5, 19% of central banks increased their domestic gold reserves or diversified storage locations in the past 12 months, compared to just 7% a year earlier. The shift reflects a global trend to reduce reliance on single custody arrangements in the U.S. and Europe, with fewer central banks now holding reserves in New York and London vaults since the trend began in 2013.
06:31
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Micron Plans to Double Monthly HBM Output to 100,000 Wafers by End of 2026

According to reports on September 4, Micron aims to double monthly high-bandwidth memory (HBM) output to approximately 100,000 wafers by the end of 2026, up from 40,000 to 50,000 wafers in 2025, as global AI chip demand keeps HBM supply tight. The US memory chipmaker is placing additional equipment orders and installing production lines in Taiwan and Singapore, with a focus on increasing 12-layer HBM4 output for Nvidia's Vera Rubin data center platform. Counterpoint Research estimated Micron hel
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