Gate Crypto Flash News and Market Updates

According to Morgan Stanley's Aug. 31 semiconductor report, Broadcom's AI revenue is forecast to reach $16 billion in Q3 (up 48% quarter-over-quarter) and $21.2 billion in Q4 (up 32%), with 2027 AI revenue projected at approximately $120 billion. However, market expectations exceed $150 billion, presenting upside risk. Morgan Stanley maintains an overweight rating and expects Broadcom to retain roughly 80% of TPU long-term share. Ambarella is forecast to see Q3 revenue growth of 7.9% QoQ and Q4

The UK's M4 money supply increased 4.5% year-over-year in July, according to official data from the Bank of England, down from 5% in the previous month, marking a slowdown in broad money growth.

UK M4 money supply declined 0.3% month-on-month in July, reversing the prior month's 0.8% increase. The contraction marks a shift in monetary dynamics following the positive reading in June.

The UK manufacturing sector's PMI (Purchasing Managers' Index) rose to 51.7 in August, exceeding the forecast of 51.5 and matching the previous month's reading, according to official data.

Bank of England data shows mortgage lending declined to £4.292 billion in July, down from £7.7 billion in the previous month, representing a 44% monthly decline.

According to official data released in July, the UK saw 56,053 mortgage approvals, falling short of the 59,500 forecast. The previous month's figure was revised upward to 58,215 from the initially reported 58,200.

According to Germany's Statistics Office, on September 1, July retail sales fell 2.5% year-on-year, missing market expectations of a 0.2% increase and prior month's 0.2% decline. Month-on-month, retail sales dropped 3.4%, also underperforming the forecast of 0.4% decline and previous reading of negative 1.1%. Food retail sales declined 0.3% in real terms year-on-year, while non-food retail fell 3.4% in real terms.

According to Fox News, the U.S. House of Representatives is set to vote today on legislation to avert a government shutdown and provide funding through December 11.

According to CryptoQuant, in August, wallets holding 100 or more BTC accumulated approximately 60,000 BTC, while wallets holding 1-100 BTC reduced holdings by about 33,000 BTC and wallets holding less than 1 BTC reduced by around 14,000 BTC. Bitcoin rose from a 62,000-65,000 USD range in early-to-mid August to hit 81,500 USD by August 28, with large holders accelerating purchases as prices broke above the initial range.

According to Ukrainian Air Force spokesman, Russia fired over 2,800 loitering munitions (also known as kamikaze drones) at Ukraine during August.

According to BlockBeats, on September 1, Robinhood Chain's decentralized exchange recorded over $900 million in 24-hour trading volume for the first time since the network's launch, signaling a surge in on-chain activity over the past week.

Dell and Hewlett Packard Enterprise will report quarterly earnings this week, with Wall Street expecting both companies to deliver strong results driven by surging AI server demand. Dell reports Tuesday with revenue expected to reach $44.48 billion, up 50% year-over-year, and adjusted earnings of $4.93 per share, more than doubling. HPE reports Wednesday with revenue projected at $11.96 billion, up 30%, and adjusted EPS of $0.93, also more than doubling. Dell's fiscal Q2 saw a record $51.3 billi

According to BlockBeats, Hong Kong stock indices closed lower on Sept 1. The Hang Seng Index declined 0.928%, the Hang Seng Tech Index fell 1.493%, and MINIMAX-W dropped 4.183%, based on Bitget market data.

According to Royal Bank of Canada analyst Abbas Kashvani, the Bank of Japan may hike rates or intervene in currency markets in coming weeks amid persistent yen weakness over the past month. Kashvani noted that recent depreciation has reversed most of the BOJ's intervention efforts over recent months. While aggressive rate hikes could strengthen the yen significantly, the central bank is unlikely to sacrifice economic growth for such policy. He added that the BOJ is likely to raise rates to a lev

According to Foresight News, Upbit has listed Injective (INJ) as a trading alert asset. The exchange has suspended deposit and withdrawal services for the token.

According to BlockBeats and TradingBeats monitoring, on September 1, Bitcoin's on-chain order structure showed over $70 million in directional buy orders concentrated in a narrow price range, with buy orders significantly outnumbering sell orders after excluding market-making and grid trading strategies.

According to Jin10 data on September 1, a Wall Street Journal survey of 13 economists projects South Korea's August CPI to rise 3.3% year-over-year, up from 2.8% in July, with a monthly increase of 0.4%. Deutsche Bank analysts attributed the acceleration partly to base effects, as local telecom operators offered discounted rates in the same period last year. South Korea's official August CPI data is scheduled for release on Wednesday.

According to Korean stock exchange data, SK On, a subsidiary of SK Innovation, signed a five-year lithium iron phosphate (LFP) pouch battery cell supply contract with U.S. energy storage system (ESS) manufacturer Neovolta Power on August 27, with a total volume of 9GWh from 2027 to 2031. Industry analysts estimated the contract value at approximately 1.5 trillion Korean won. SK Innovation shares surged 7.81% to close at 135,300 KRW on September 1, marking four consecutive trading days of gains.

WTI crude oil and Brent crude rose 0.6 dollars per barrel intraday, now trading at $86.28 per barrel and $91.44 per barrel respectively.

According to BlockBeats, Aster announced on September 1 that it has extended the unlock cliff for 400 million ASTER tokens (5% of max supply) from September 17, 2026 to September 17, 2027. The tokens have remained fully locked since TGE and will continue to be locked until the new deadline. Originally, the team allocation was scheduled to unlock 10 million ASTER monthly starting September 17, 2026. Aster stated the adjustment does not affect its token buyback and burn mechanism. For every ASTER