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
06:19
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Former PBOC Deputy Governor Calls for Digital, AI Transformation in Asia-Pacific on Sept 5

According to Jin10, former People's Bank of China deputy governor Zhu Min called for accelerating digital and intelligent transformation across Asia-Pacific during a high-level media forum in Shenzhen on September 5. He emphasized deepening collaboration in emerging technologies and artificial intelligence, while advancing digital economy development, expanding digital public services, and promoting standard interoperability across the region.
06:17
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Mudslide, Landslide Hit China's Jiangxi Province on September 5; State Launches Emergency Response, Deploys 224 Personnel

According to China's Ministry of Emergency Management, a mudslide and landslide occurred in Shixia Group, Mingkeng Village, Gaoping Town, Suichuan County, Jiangxi Province on September 5. The ministry immediately coordinated rescue operations, requiring all-out search and rescue of trapped personnel and comprehensive casualty assessment. The National Committee for Disaster Reduction and Ministry of Emergency Management activated the country's Level 4 natural disaster emergency response and Level
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06:13
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Russian Forces Conduct Cluster Strikes on Ukrainian Military Facilities on September 5

According to the Russian Defense Ministry, on September 5, Russian armed forces conducted cluster strikes on multiple Ukrainian targets using land-based precision weapons and long-range attack drones, according to CCTV News. The strikes targeted military-industrial metallurgical facilities in Dnipropetrovsk region, as well as logistics centers and power substations in Mykolaiv city, Mykolaiv region, and Odesa region.
06:03
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Russian Deputy Foreign Minister Calls on U.S. to Consider Battlefield Realities in Ukraine Mediation on September 5

According to Jin10, Russian Deputy Foreign Minister Sergey Ryabkov called on the United States on September 5 to consider battlefield realities in its mediation efforts over Ukraine, stating that the situation on the ground is developing unfavorably for Kyiv. Ryabkov emphasized that the key question is whether the U.S. government is prepared to invest effort in finding a genuine solution to the current crisis while taking into account the changing battlefield situation, which continues to shift
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06:01
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Global Bond Selloff to Persist This Week, El-Erian Says Supply-Demand Imbalance Pressures Yields Higher

According to economist Mohamed El-Erian at the Ambrosetti Forum in Cernobbio, Italy, on Friday (September 4), global government bond selling will continue due to a fundamental supply-demand imbalance: massive debt issuance by governments, major cloud service providers, and corporations far exceeds the capacity of reliable buyers to absorb it, putting sustained upward pressure on yields. El-Erian also criticized the U.S. Treasury Department's interventions in the bond market as having "gone too f
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06:00
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Robinhood Wallet Transactions Account for Less Than 1% of Robinhood Chain Trades, ARK Invest Analysis Shows

According to ARK Invest digital asset research head Lorenzo Valente, Robinhood Wallet-confirmed transactions account for less than 1% of total trades on Robinhood Chain. Valente noted that Robinhood Wallet swaps route through the 0x Settler contract, which is currently the only way to definitively identify Robinhood user activity on-chain. Even when including unidentifiable tail activity, the estimated share reaches only about 5%. The majority of on-chain trading activity on Robinhood Chain come
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05:52
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Economist Tyler Cowen Backs Nvidia's AI Funding Strategy on Sept 4, Rejects Bubble Theory

According to Benzinga, economist Tyler Cowen said on Friday (Sept 4) that Nvidia's substantial funding of AI startups does not necessarily indicate a market bubble. Instead, he argued it enhances the AI industry's long-term sustainability. Cowen likened Nvidia to the AI sector's "last lender" or "last buyer," noting Microsoft, Google, and Meta play similar roles. Nvidia has expanded beyond GPU sales into financing. On Aug 10, it partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman S
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05:52
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Circle Launches cirBTC With 1:1 Bitcoin Backing and Chainlink Reserve Verification on September 4

According to Circle's September 4 announcement, the company launched cirBTC, a wrapped Bitcoin token on Ethereum backed one-to-one by native Bitcoin and verified through Chainlink Proof of Reserve. Each cirBTC token is supported by Bitcoin held in segregated custody at Circle National Trust, a federally regulated custodian, with reserves legally and operationally separated from corporate assets. Users and institutions can independently verify reserves through disclosed Bitcoin wallet addresses o
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BTC-1.74%
LINK-1.94%
ETH-2.33%
AAVE-3.31%
USDC-0.03%
05:45
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Bitcoin Open Interest Drops 5.53% in 24 Hours to $54.573 Billion

According to Coinglass, Bitcoin open interest across all exchanges decreased 5.53% in the past 24 hours, reaching $54.573 billion. Binance leads with $11.374 billion in open interest, followed by Bybit at $5.13 billion, Gate at $4.688 billion, and OKX at $2.784 billion.
05:45
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FinCEN Identifies $12.7B in Suspected Digital Asset Investment Fraud From 2023–2025

According to FinCEN, the U.S. Financial Crimes Enforcement Network identified approximately $12.7 billion in financial activity suspected of being connected to digital asset investment fraud during an analysis period spanning September 8, 2023 through December 31, 2025. The determination was based on examination of 33,904 Bank Secrecy Act reports submitted within the timeframe.
05:43
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Schwab US Dividend ETF (SCHD) Outperforms Amid Market Volatility, Gains Healthcare and Energy Exposure

According to Shinhan Investment & Securities analyst Park Woo-yeol, the Schwab US Dividend Equity ETF (SCHD) has continued to rise amid recent market volatility triggered by US-Iran tensions since the start of the year. The analyst cited the product's heavy exposure to high-dividend U.S. stocks as a key driver of its upside performance during market adjustments. Park noted that SCHD holds significant positions in healthcare and energy sectors—both showing positive momentum—alongside defensive co
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05:43
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Bitcoin Recovers Above $80,000; Bernstein Sets Year-End Target of $150,000

According to Bernstein analyst Gautam Chhugani, Bitcoin recovered above $80,000 on Thursday (September 4), as Federal Reserve rate hike concerns eased and U.S. Treasury yields declined. The analyst's team maintains a year-end price target of $150,000, citing expectations that ongoing U.S. fiscal intervention in the yield curve will continue to support demand for hard assets.
BTC-1.74%
05:43
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PIMCO's $19B Fund Cuts U.S. Tech Exposure, Shifts to Asia AI Supply Chain

According to Bloomberg, PIMCO's $19 billion Balanced Income and Growth Fund has recently reduced exposure to large-cap U.S. technology stocks, citing elevated valuations and mounting debt burdens from AI capital spending. The fund is shifting allocation to Asia-based AI equipment suppliers, Chinese financial stocks, and healthcare companies. Fund manager Emmanuel Sharef noted that investors need not hold the market's most expensive stocks to capture sector trends. The fund remains overweight Asi
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05:43
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China's Bulk Commodity Price Index Rises to 132.3 Points in August, Up 2.8% Month-on-Month

According to the China Federation of Logistics and Purchasing, China's bulk commodity price index reached 132.3 points in August, rising 2.8% from the previous month and up 18.4% year-on-year, as domestic and overseas demand recovered and extreme weather impacts eased. Among 50 key commodities monitored, 27 saw month-on-month price increases in August. Ethylene glycol, diesel, and coking coal led the gains, rising 18.2%, 10.1%, and 8.9% respectively.
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05:42
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Ripple, Solana, Polygon Donate Over $500K to Nepal Flood Relief

Following devastating flash floods that struck Nepal on August 26, affecting at least 65,000 people according to UNICEF, three major crypto firms mobilized support for victims. Ripple announced on August 28 it is donating $300,000 to World Central Kitchen and Mercy Corps to support emergency meal distribution and water and sanitation efforts in affected regions. Solana launched a unique logo space auction on September 1, raising $166,946.50 with 100% of proceeds directed to Nepal flood relief. P
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SOL-1.75%