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
10:13
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Bitcoin Faces $80,000 Resistance as U.S. 10-Year Treasury Yields Hit 5% on Sept 17

According to Bloomberg commodity strategist Mike McGlone, on September 17, gold, Bitcoin, and U.S. 10-year Treasury yields face key resistance levels at $4,500 per ounce, $80,000, and 5%, respectively. McGlone noted that both gold and crypto assets may have already topped following earlier breakthroughs at $5,000 and $100,000. While both have recently rebounded from key support levels near $4,000 and $60,000, these non-yielding, speculative, and volatile assets are now under pressure as U.S. 10-
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BTC0.63%
10:13
0

Revolut Denies Direct Contact After $3 Million Monero Ransom Demand on Thursday

According to Cointelegraph, Revolut said Thursday it had received no direct contact from the group claiming responsibility for a customer data breach, despite a public ransom ultimatum. A group calling itself "IAmNotAVillain" publicly demanded 6,000 Monero (XMR), worth approximately $3 million, according to Financial Times reporting. The threat came with a 24-hour deadline and claims to sell stolen customer records to other criminal groups. Italian authorities have widened their investigation, a
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10:09
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Bitget Extends Proof of Reserves System to 19 Assets on September 17, Adding 15 New Token Types

According to BlockBeats, on September 17, Bitget expanded its Proof of Reserves (PoR) system to cover 19 major assets, up from 4 previously supported cryptocurrencies. The upgrade added tokens including XAUT, SOL, BNB, and USDGO, with users able to verify reserve rates, total reserves, and on-chain distribution through the PoR page. Users can independently verify their holdings through Merkle Tree validation. Bitget has published monthly reserve reports since December 2022, reaching 45 consecuti
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XAUT-0.71%
SOL3.04%
10:07
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Meta Oversight Board Demands Removal of AI-Generated Deepfakes Targeting Women; Proposes 9 Policy Changes

According to Meta's Oversight Board, the company must remove artificial intelligence-generated deepfake content targeting women on the platform, as stated today (September 17). The board recommended nine policy adjustments, including automatic deepfake deletion, enhanced labeling of AI-generated content, and prioritized human review of deepfake harassment reports. The board also urged Meta to demonetize, demote recommendations for, or remove "high-risk" AI content from user feeds, and to impose
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10:02
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Bybit Derivatives Volume Hits $321 Billion in August, Up 14.9%; RWA Perpetuals Reach Record $602 Billion

According to CoinDesk Research, Bybit's centralized derivatives volume reached $321 billion in August, up 14.9% from July, placing the exchange third behind Binance ($1.59 trillion) and OKX ($502 billion). Bybit also held 5.26% of centralized spot volume. Real-world asset perpetual contracts hit a record $602 billion across centralized exchanges in August. Binance dominated the segment with 60.9% market share, while Gate's RWA perpetual volume surged 158% to $64.7 billion, lifting it to third pl
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10:01
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Hyundai Card Completes $20,000 Stablecoin Transfer on Avalanche in 7 Minutes on September 16

Avalanche announced on September 16 that Hyundai Card completed a $20,000 USDT intercompany transfer between Hyundai Motor America and Hyundai Motor Mexico using the Avalanche blockchain, settling the payment in approximately seven minutes compared to three to four hours for a traditional interbank wire. Tether supplied the USDT stablecoin, Avalanche provided the blockchain network, and Axiym supported the payment infrastructure setup, while Hyundai Card handled compliance, tax verification, and
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AVAX3.35%
10:01
0

Gate Meme Covers 156 Spot Assets and 80 Perpetual Contracts; DOGE Leads With $23.59M in 24-Hour Spot Volume

According to Gate official data, Gate Meme's spot market covers 156 assets and USDT perpetual market covers 80 assets. The spot and perpetual markets display solid liquidity, with order book depth within ±2% mid-price reaching approximately $8.93 million and $40.97 million USDT respectively. DOGE leads trading activity on both markets with 24-hour spot volume of $23.59 million and perpetual volume of $47.35 million USDT. Lobsterdao spot and perpetual volumes reached $10.90 million and $19.84 mil
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DOGE1.41%
TRUMP3.52%
PEPE3.27%
USELESS15.37%
10:00
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FOMO User point farm capital Tops 24-Hour Gains Leaderboard, Account Assets Hit $10.83M

According to Odaily, FOMO user point farm capital topped the 24-hour gains leaderboard, with account assets reaching $10.83 million as of September 17. The account saw paper gains of approximately $2.319 million over the past 24 hours. The user's core holding is STONK, with approximately 38.7 million tokens worth $8.652 million, generating cumulative unrealized gains of $8.012 million at a return rate of 585.35%. The account also holds positions in POINTFARMC and other assets, with POINTFARMC va
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09:53
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METR Pledges Independence From Frontier AI Companies, Rejects Their Funding

According to Chris Painter, president of METR (Model Evaluation and Threat Research), the nonprofit research institute announced on September 17 that it does not accept funding from frontier AI companies or their employees. METR has partnered with OpenAI, Anthropic, Google DeepMind, Meta, and Amazon since 2022 to conduct third-party safety assessments. The organization relies on diverse donors and uses free model access provided by companies to evaluate whether AI systems approach uncontrollable
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09:52
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AltLayer Launches Alpharc, Time-Stamped Alpha Marketplace for Traders and AI Agents, on September 17

According to MPost, AltLayer introduced Alpharc on September 17, a trading terminal and marketplace for time-stamped alpha designed for traders, research publishers, and AI agents. The platform consolidates alpha publishing, tiered access, reputation scoring and trade execution into a single market, with the goal of turning trading research into a measurable, attributable record. Alpha on the platform is a time-stamped market view carrying a direction, rationale, expiry and position disclosure.
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ALT4.44%
09:52
0

OKX Launches 24/7 Trading for Tokenized Stocks on X Layer with Zero Gas Fees

According to OKX, the platform has launched 24/7 trading for tokenized stocks on its X Layer, enabling users to trade without gas fees while maintaining full self-custody of their assets. The feature combines real-world assets with blockchain infrastructure, reducing barriers to accessing tokenized equities.
09:49
0

MicroStrategy Repurchases 9.96M STRC Shares for $950M, Pushing Price to $99 Since July 20

According to ChainCatcher, MicroStrategy repurchased 9.96 million shares of its perpetual preferred stock STRC between July 20 and September 13, spending approximately $950 million to push the price back toward its $100 par value. Of the total expenditure, about $765 million was traced to the sale of MSTR common shares, while approximately $161 million came from bitcoin liquidations. STRC, which had previously fallen to around $70, has recovered to approximately $99 recently. The buyback represe
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BTC0.63%
09:49
0

South Korea Refers 18 Polymarket Users to Prosecutors in $12.7M Gambling Probe

According to Asia Economy, South Korean police referred 18 Polymarket users to prosecutors on Tuesday as part of an illegal gambling investigation involving 26 people who collectively wagered approximately 17.6 billion won ($12.7 million). Data submitted by the National Police Agency showed the Gangwon Provincial Police Agency had placed 26 people under investigation and transferred 18 to prosecutors, with the largest single user wager reaching 5.7 billion won ($4.1 million). Police identified u
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09:47
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Bank of England Expected to Hold Rates at 3.75% Today, Signal Possible November Hike

According to XTB analyst Kathleen Brooks, the Bank of England is expected to hold interest rates at 3.75% today (September 17) but may signal a rate hike in November, according to a report from Jin10 Data. Brooks noted that current rate increases would be ineffective given inflation is driven by global oil prices beyond the central bank's control.
09:46
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China's Ministry of Finance Issues 600 Billion Yuan Discount Treasury Bonds Maturing March 2027

According to Jin10, on September 17, China's Ministry of Finance announced plans to issue 600 billion yuan in 182-day discount treasury bonds through competitive bidding. The securities will begin accruing interest on September 24, 2026, and will be redeemed at face value on March 25, 2027, with provisions for holiday postponement. The bonds will be issued at a discount below face value, with the exact issuance price determined through competitive bidding. Class A members are eligible for supple
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09:46
0

Federal Reserve Raises Rates by 25bp on September 16; Bitcoin Falls 40% From $126K High

According to CoinDesk, the Federal Reserve raised interest rates by 25 basis points on September 16, with markets expecting potential further increases of up to 75 basis points over the next six months. Bitcoin has declined approximately 40% from its October high of around $126,000, tracking a similar pattern to March 2022 when BTC fell 40% from its prior cycle high following the Fed's first rate hike.
BTC0.63%