Gate Crypto Flash News and Market Updates

According to Reuters, Oracle Executive Chairman Larry Ellison canceled a plan yesterday (Sept 12) to sell up to 50 million shares, with no shares sold. The company also confirmed Ellison has no other plans to sell Oracle stock. Oracle disclosed in a filing that restructuring costs tied to its job-cut plan would rise by approximately $700 million. The software and cloud infrastructure company continues with its fiscal 2026 financing plan, targeting $40 billion through debt and equity offerings, w

According to The Wall Street Journal, Canadian Prime Minister Kalin recently proposed making Canada the European Union's first "associate member" state. European and Canadian officials indicated Brussels is open to the proposal, while U.S. officials expressed skepticism toward the initiative.

According to ChainCatcher, Circle's MiCA-compliant euro stablecoin EURC is now available on South Korea's Upbit exchange, trading against KRW, BTC, and other pairs to provide local users easier access to the asset.

According to UK Maritime Trade Operations, a vessel was struck by unidentified projectiles while transiting the Strait of Hormuz on September 13. The condition of crew members, damage assessment, and environmental impact remain unclear at this time.

According to News.bitcoin, Nasdaq-listed Newgenivf (ticker: NIVF) disclosed its 2025 cryptocurrency trading activity on September 13. The company purchased 146,432 XRP during the year and sold all holdings, realizing a gain of approximately $10,800. It also made limited trades in BTC and ETH while retaining approximately 13,000 SOL, which posted an unrealized loss of roughly $1.28 million by year-end.

According to MarketWatch, SpaceX signed an AI computing power agreement with an undisclosed company in early September, worth $1.1 billion per month starting in December, according to SpaceX CFO Bret Johnsen at a Goldman Sachs conference on Thursday (September 10). The contract translates to approximately $13 billion in annualized revenue, bringing the company closer to its goal of achieving $100 billion in annualized revenue run rate by the end of 2026.

According to Odaily, Bitcoin Suisse plans to cut up to 60 positions in Switzerland, roughly half its local workforce, and relocate portions of software development and back-office operations overseas. The company will close its Copenhagen IT center while maintaining its Bratislava hub and establishing a new center in Vietnam. CEO and co-founder Andrej Majcen stated that operational costs are significantly lower in Bratislava and Vietnam, attributing the restructuring to international growth stra

According to Grayscale research head Zach Pandl, on September 10, U.S. crypto regulation can advance in stablecoins, token issuance, tokenized securities, and perpetual futures even without congressional passage of the CLARITY Act. The analysis comes as the CLARITY Act faces a September 15 cloture vote requiring 60 votes to proceed. Earlier, the Trump administration signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for payment stablecoins. The SEC has also proposed Regu

According to ChainCatcher, Morgan Stanley's MSBT Bitcoin ETF received 51.58 BTC (approximately $4 million) from Coinbase Prime on September 12, 2026. Over the past two weeks, the ETF has accumulated a total of 641.87 BTC, worth approximately $50.6 million.

According to Guru Club, California's diesel prices surged to historic levels on September 12, with statewide average prices breaking through $8 per gallon, and one San Diego gas station marking prices at $9.99 per gallon. Fuel supply shortages, declining refinery capacity, limited pipeline infrastructure, and the state's high taxes have intensified the crisis. The spike is heavily impacting diesel-dependent industries including trucking, moving, and construction, with many businesses raising pri

According to Trump's statement on September 12 during a bilateral meeting with Ireland's Prime Minister, the war with Iran will end quickly after the midterm elections, and oil prices will subsequently plunge.

According to Guru Club market data, Ethereum reached $2,582.76 on September 11, marking its highest level since late January 2026. The asset gained 6.44% over the past 24 hours.

According to the American Automobile Association, U.S. diesel prices reached a new historical high of $6.05 per gallon on September 11, up from $5.85 per gallon recorded on September 4, as geopolitical tensions between the United States and Iran disrupted global fuel supplies. Paul Mitchell, a professor of agricultural and applied economics at the University of Wisconsin-Madison, stated that elevated diesel costs are significantly squeezing farmers' profit margins, with impacts extending across

According to Chosun Daily, Samsung Electronics' foundry business and Qualcomm are discussing a broader 2nm chip manufacturing partnership ahead of Qualcomm's Snapdragon Summit on September 22. The companies are negotiating specifications, pricing, and process optimization, with Qualcomm potentially splitting production between Samsung and TSMC as part of a dual-sourcing strategy. Samsung's 2nm process has been improving, with earlier reports indicating yields around 55% in April and progressing

According to Bitcoin News, BlueWallet's chief technology officer reviewed 494 non-custodial iOS wallet applications on the App Store and flagged 45 with severe or high security risks. Of these, 23 were marked as potentially severe risk and 22 as high risk. The identified issues include suspected uploading of seed phrases or private keys to servers, insufficient wallet randomness, server-side key storage, hardcoded encryption keys, and loading of unsigned JavaScript code that can interact with wa

According to Goldman Sachs Technology Conference that concluded on Sept 11 in San Francisco, Nvidia CEO Jensen Huang outlined a $3 trillion to $4 trillion annual global AI infrastructure spending opportunity by 2030, signaling continued robust demand for AI computing over the coming years. Huang emphasized that AI represents a fundamental shift from retrieval-based to generative computing, describing AI data centers as "AI factories" for producing intelligence. SpaceX Finance Chief Bret Johnsen

According to CryptoQuant research head Julio Moreno, on September 13, Bitcoin needs to break above $81,700 (the 365-day moving average) to confirm a new bull market after rising 24% in two weeks. Bitcoin is currently consolidating between $76,000 and $82,000. The nearest major supply resistance zone is $77,100 to $80,200, where long-term holders sold 539,000 BTC over 30 days this year. If Bitcoin declines, the 200-day moving average near $70,000 may provide support.

According to Jin10 Data, U.S. diesel prices hit a record high of $6.05 per gallon as of September 11, driven by U.S.-Iran tensions disrupting global fuel supplies. The price previously surged to $5.85 per gallon on September 4, marking the first time the benchmark exceeded that threshold, according to the American Automobile Association. Paul Mitchell, professor of agricultural and applied economics at the University of Wisconsin-Madison, stated that elevated diesel costs are severely squeezing

Russian forces destroyed 172 Ukrainian UAV control stations and struck port facilities in Odesa region on Saturday, September 13, according to Russia's Defense Ministry. Ukrainian President Volodymyr Zelenskyy reported Russian attacks across 10 regions killed 3 people and wounded dozens. Ukraine's economy faces additional pressure as port blockades risk approximately $40 billion in annual export revenue, with estimated economic costs reaching 1.5% of GDP this year, according to Ukraine's economy

According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) is reviewing Grayscale's application to convert Grayscale Litecoin Trust into an ETF under the name "Grayscale Litecoin Trust ETF" and list it on NYSE Arca under ticker LTCN.