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
04:21
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Bitcoin's Golden Cross Fails Within Hours as Fed Rate Hike Odds Surge to 86%

According to BlockBeats, on September 12, Bitcoin's 50-day exponential moving average briefly moved above its 200-day EMA before falling back below it the same day. BTC rose to $79,837, triggering the golden cross, but then retreated to approximately $77,438, causing the 50-day EMA to drop back below the 200-day EMA. The move coincided with renewed inflation concerns. U.S. core CPI came in at 0.3% month-over-month, exceeding the market forecast of 0.2%. Following the data release, CME FedWatch s
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BTC0.49%
04:17
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ECB Official Koehl Warns Oil Prices Near $100/bbl May Force Further Rate Hikes

According to the Financial Times, on September 12, European Central Bank Governing Council member Koehl warned that if oil prices remain around $100 per barrel through year-end, the central bank may need to raise interest rates further. Speaking after the ECB's second rate hike on Thursday, Koehl stated that inflation risks are now higher than months ago due to persistent Middle East tensions and elevated energy costs. Oil prices have surged over 45% since early July, breaking the $100/barrel ma
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04:16
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Wall Street Upgrades Robinhood to Buy with $170 Price Target, 42.7% Upside; ServiceTitan Raised to $110

According to StoneX Equity Research, Robinhood Markets (HOOD-US) received its first "buy" rating on September 8, with a price target of $170, implying 42.7% upside from the September 8 close of $119.10. The firm cited Robinhood's expansion beyond commission-free stock trading into crypto, options, prediction markets, interest income, subscriptions, banking, wealth advisory, and blockchain infrastructure. BTIG Research & Strategy maintained a "buy" rating on ServiceTitan (TTAN-US) with a $110 pri
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04:13
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SpaceX CFO Discloses Orbital Computing Satellite Launch Timeline for Next Year

According to Yahoo Finance, SpaceX CFO Bret Johnsen disclosed the company's orbital computing satellite launch timeline during a Goldman Sachs conference this week. Johnsen stated that SpaceX aims to launch its first orbital computing satellites next year, with plans to deploy significant computing capacity to space by 2028. Additionally, SpaceX will conduct another Starship flight mission later this month that will generate revenue and carry production-version V3 Starlink satellites.
04:12
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Sequoia Capital Leads Mecka AI to Nearly USD 500M Valuation

According to TechCrunch, Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other robotic systems, is nearing a new funding round led by Sequoia Capital at a valuation of approximately USD 500 million. The round size and final terms remain unclear. This follows a USD 60 million Series A funding round completed about three months ago, led by Framework Ventures with participation from Menlo Ventures, SV Angel, and Kindred Ventures.
04:09
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CFTC Approves 3 Insider Trading Investigations Into Polymarket Contracts Today

According to BlockBeats and WIRED, on September 12, the U.S. CFTC approved at least three insider trading investigations into Polymarket contracts. In May, CFTC Chair Michael Selig approved an investigation into Biden pardon contracts, following a trader's gains exceeding $300,000. The same month, the agency launched an inquiry into Iran war contracts, where suspicious accounts allegedly generated $2.4 million in profits with a 98% win rate. In July, CFTC initiated a probe into Google-related Po
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03:49
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Musk's Lawyer Warns of Defamation Suit Over 4-Hour Documentary Covering 14 Children and $40M NDAs

According to AFP, Tesla CEO Elon Musk's lawyer warned on September 8 that a four-hour documentary directed by Oscar winner Alex Gibney may face defamation lawsuits from HBO, Universal Pictures, and others. Lawyer Alex Spiro claimed the film, which premiered at the Venice Film Festival's non-competition section, was produced with predetermined bias rather than impartial investigation. The documentary examines Musk's life trajectory and personal matters, including his relationships with 14 childre
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03:49
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Roblox Expands AI Build Tool to Serbia and Singapore at Developer Conference

According to TechCrunch, at its annual Developer Conference on September 11, Roblox announced the expansion of its AI game creation tool Build to Serbia and Singapore, following its initial launch in New Zealand in July. The feature will add desktop access, a new asset library, and prompt-based scene generation later this year, alongside in-browser play and support for publishing games as standalone apps on mobile, PC, and consoles by year-end. Roblox also announced a new wallet service for US c
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03:47
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Japan Raises Tokachi Volcano Alert Level to 3 on September 12

According to the Japan Meteorological Agency, on September 12 at 9:30 AM, the alert level for Hokkaido's Tokachi volcano was raised from level 2 to level 3. Residents are urged to exercise caution against large volcanic projectiles within approximately 3 kilometers of the crater. The agency reported a sharp increase in large-amplitude volcanic earthquakes since August 17, with the largest recorded at 8:20 AM today. Ground deformation indicating magma accumulation has been observed since March, a
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03:45
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Smart Money Sells 1.63M "币安人生" for $78.4M, Transfers 10.26M "牛来" With $98.5M Floating Gains

According to BlockBeats, smart money address 0x248...A6990 sold 1.63 million "币安人生" over the past 3 hours on September 12, with an average selling price of $0.4685 and total sale proceeds of $78.4 million. The address previously withdrew these tokens from Binance. Meanwhile, the address holds 10.26 million "牛来" purchased at $0.02892, currently showing unrealized gains of approximately $98.5 million. The tokens have been transferred to a new address 0x01E...1357f.
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03:42
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Loracle Realizes $3.92M Loss on HYPE Short Today; Unrealized Loss Hits $4.97M

According to Foresight News, Loracle (0x8def...92dae) realized a $3.92 million loss today after partially closing HYPE short positions, based on Onchain Lens monitoring. The trader still holds 191,940 HYPE short contracts valued at $15.33 million with $4.97 million in unrealized losses. Over the past 30 days, Loracle has accumulated $16.41 million in losses.
03:41
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Symbiosis Bitcoin Bridge Recovers ~15 BTC After Sep 11 Exploit, Offers 20% Bug Bounty

According to Symbiosis, on September 11, attackers exploited a vulnerability in the Bitcoin Bridge and executed an attack. The team has since recovered approximately 15 BTC and transferred it to a multi-signature wallet controlled by the team. BTC cross-chain routing has been suspended, while other routes (EVM chains, TRON, TON) and components such as Octopools remain operational and unaffected. Symbiosis has offered the attacker a 20% white-hat bounty of the recovered funds, valid until Septemb
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