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
04:57
0

UK FCA Opens Crypto Authorization Window on September 30, New Rules to Launch October 2027

According to the Financial Times, the UK Financial Conduct Authority (FCA) will open its crypto asset authorization application window on September 30, with new regulatory rules set to take effect in October 2027, Zumo CEO Nick Jones said today. Regulatory clarity has prompted traditional financial institutions, including retail investment platform Hargreaves Lansdown, to enter the UK crypto market. The shift marks a transition from offshore operations to regulated competition, with compliant in
More
04:45
0

Caroline Ellison Joins Manifund on September 12 to Develop Funding Platform

According to BlockBeats, on September 12, Caroline Ellison, former CEO of Alameda Research, joined nonprofit charity Manifund to develop its funding platform and participate in charitable initiatives. Ellison has been working in a trial capacity since July and officially transitioned to full-time employment in August, using the pseudonym "Carol" for her contributions. Manifund co-founder Austin Chen stated the organization aims to give Ellison "a fresh start."
04:43
0

Nvidia Considering $10B Investment as Anchor Investor for Anthropic's $100B IPO

According to Reuters, Nvidia is in talks to invest up to $10 billion as an anchor investor for Anthropic's initial public offering, which the AI startup is seeking to raise up to $100 billion at a post-money valuation of about $2 trillion. The listing is expected to complete before the U.S. midterm elections in November. Nvidia's involvement would deepen ties with Anthropic, as the startup relies heavily on Nvidia graphics processing units.
04:34
0

Larry Ellison Steps Down from Oracle Earnings Call at 82, Ceding to Dual CEOs

Oracle co-founder Larry Ellison, 82, was absent from the company's latest earnings call for the first time in decades, marking a significant transition as the tech giant shifts focus toward AI infrastructure. Clay Magouyrk and Mike Sicilia, Oracle's two co-CEOs, are now steering the company through its cloud and AI transformation. Ellison, who retains the roles of chairman and CTO, still holds approximately 40% of Oracle's shares, maintaining substantial influence on the company's strategic dire
More
04:33
0

Artificial Inu Breaks $306M Market Cap, Surges 52% in 24 Hours on September 12

According to BlockBeats and GMGN market data, on September 12, Artificial Inu (AI), a Meme coin on the Robinhood chain, broke through a $306 million market capitalization with a 52.11% surge in 24 hours and $32.5 million in trading volume. The token was issued via Long.xyz, a Robinhood chain platform, and paired with Nvidia stock. Long.xyz's LongX Expansion feature allows users to wrap 3x leveraged NVDA positions from Lighter as ERC20 tokens, supporting minting, redemption, and DEX trading.
MEME2.64%
LIT-4.20%
04:31
0

Moonshot AI Targets $2 Billion Annualized Sales by Year-End After ARR Surpasses $1 Billion

According to Bloomberg, Moonshot AI told investors its annual recurring revenue surpassed $1 billion in August and it is targeting an annualized sales rate of $2 billion by year-end. The Beijing-based startup is raising funds at a $50 billion valuation after a late-July round that raised $3.5 billion. The company is expanding from individual developers to enterprise clients including AsiaInfo Technologies and Kingsoft Cloud. Moonshot is also preparing for a potential Hong Kong initial public off
More
04:21
0

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
More
BTC0.15%
04:17
0

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
More
04:16
0

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
More
04:13
0

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
0

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
0

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
More