Gate Crypto Flash News and Market Updates

On Friday, Sept 11, USD/JPY declined 0.45% to close at 153.73 in New York late trading. The pair fell 1.63% for the week, trading between 156.28 and 152.89. A significant drop occurred on Sept 7, followed by continued consolidation at lower levels.

According to JPMorgan Chase, on Friday the bank raised its interest rate expectations for the Federal Reserve, now forecasting rate hikes of 25 basis points each in September and December. Michael Feroli, the bank's chief U.S. economist, cited persistent core PCE inflation above 3% each month this year with recent progress toward the 2% target remaining minimal as justification for the rate increases.

On Friday, September 11, the ICE Dollar Index rose 0.07% to 99.118 following the U.S. CPI inflation data release at 20:30 Beijing time, exhibiting a sharp V-shaped recovery pattern. The index peaked during the data release, then retreated. The Bloomberg Dollar Index fell 0.02% to 1190.45. For the week, both indices remained near flat, with the ICE Dollar Index trading between 1184.82 and 1192.98 points.

On Friday (Sept 11), CBOT soybean futures declined 2.50% to close at $12.99 per bushel, with a weekly loss of 0.86%, according to market data. The Bloomberg Commodity Index fell 1.88% to 34.5625 points during the session. CBOT corn futures dropped 0.33% to $5.32 per bushel, while wheat futures fell 2.02% to $7.2625 per bushel. The U.S. Department of Agriculture released grain stock data overnight, triggering sharp price volatility across grain markets.

As of September 11, the U.S. Central Command has forced 99 commercial vessels to change course to ensure compliance with relevant requirements.

According to an internal memo on Sept. 10, Julian Sawyer stepped down as CEO of Zodia Custody to become strategic adviser as the institutional digital-asset custodian prepares to separate its custody and infrastructure businesses. Richard Clark, chief revenue officer, will lead the custody operation through its planned acquisition by Standard Chartered, while executives Craig Perrin and Anoosh Arevshatian will oversee development of Zodia Solutions, a new infrastructure and services business for

According to Venezuela's ruling Socialist Party, on September 11, the defense team of President Nicolas Maduro filed a request to temporarily release First Lady Celia Flores from U.S. detention. The application was submitted to a New York federal court, citing urgent medical conditions, constitutional principles, and security assurances as grounds for her provisional release.

Offshore Chinese yuan (CNY) closed at 6.7079 against the US dollar in early Asian trading on September 11, up 36 points from Thursday's close. Trading volume reached 48.767 billion US dollars.

According to Cointelegraph, Crypto Banter founder Ran Neuner warned on the Chain Reaction podcast that regulation poses the biggest risk to Hyperliquid, predicting decentralized exchanges will face greater government scrutiny once regulators finish establishing rules for centralized platforms. Hyperliquid leads the decentralized perpetual futures sector with approximately $223 billion in trading volume over the past 30 days, according to DeFiLlama data. Neuner noted that while network effects ma

According to Bloomberg, Italy's second-largest bank UniCredit is considering launching crypto asset custody services, including custody, tokenized investment products, stablecoins, and cryptocurrency exposure. The Milan-based lender is currently evaluating technology providers to build infrastructure for holding digital assets and facilitating their trading. The move aligns with broader European bank adoption: Spain's BBVA has launched bitcoin trading and custody to all clients via its app, Open

According to Jin10, the UN Security Council passed a resolution on September 11 approving a one-month technical extension of the Sudan sanctions mandate. China's Deputy Permanent Representative to the United Nations, Sun Lei, voted in favor of the measure. Sun stated that the technical extension allows Council members more time to discuss the mandate amid significant disagreements among member states, and that China does not object to this approach.

According to Israeli Channel 12, Iran launched drones targeting ships in the Hormuz Strait. The report did not specify the number of drones deployed or any damage caused.

Oracle collected $11.36 billion in customer prepayments during its fiscal first quarter ending August 31, 2026, funding a significant portion of its data center network expansion. Cloud infrastructure revenue more than doubled year-over-year, climbing 121% to $7.4 billion, while total cloud revenue reached $11.6 billion, up 62%. During the quarter, the company deployed 850 megawatts of new data center capacity and supplied over 300,000 GPUs to AI clients including OpenAI, xAI, and Meta. Oracle's

OKX has launched pre-IPO perpetual futures tied to OpenAI and Anthropic in Europe, allowing traders to take long or short positions with leverage of up to 10 times. The contracts track the companies' valuation expectations but do not provide ownership, voting rights, or direct claims on private shares. OKX Europe CEO Erald Ghoos noted that derivatives demand has accelerated in the region since the end of the European Union's Markets in Crypto-Assets transition period in July, with X-Perps tradin

According to Crypto Briefing, Bitcoin Suisse is cutting 60 positions, representing roughly half of its 120-person Swiss workforce, as part of a major operational restructuring. The layoffs primarily affect back-office, administrative, and software development roles, which will be consolidated into existing operations in Bratislava and a new development site in Vietnam. The company is also shutting down its IT office in Copenhagen. A consultation period with affected employees concludes on Septem

According to Goldman Sachs, the bank's fair value forecast for gold prices at $4,900 per ounce by the end of 2026 is based on the assumption of sustained strong demand from central banks globally.

On September 11, Medvedev, Russia's Security Council deputy chair and United Russia party chair, denied that Russia has any military targets against Europe. He stated that European leaders' claims that "Russia intends to attack Europe" are intended to justify their Ukraine aid policy and achieve geopolitical advantage over Russia.

According to Coinglass data, Ethereum liquidations on major centralized exchanges would reach $1.123 billion if ETH price falls below $2,417. Conversely, if ETH breaks above $2,669, accumulated short liquidations across major CEX would total $844 million.

According to Shanghai Futures Exchange data, crude oil futures contract 2610 closed the night session up 4.96% at 850.10 yuan per barrel. Gold futures fell 0.04%, while silver futures rose 0.49% during the same session.

Shanghai Gold Exchange gold futures (T+D) closed up 0.16% at 939.5 yuan per gram on Friday evening, Sept 11, while silver futures rose 0.73% to 15,685 yuan per kilogram.