Gate Crypto Flash News and Market Updates

According to Standard Chartered's Sept. 11 research note, the bank has set a price target of $0.325 for Sky's SKY token by the end of 2028, roughly five times the current $0.065 level. Geoff Kendrick, Standard Chartered's global head of digital assets research, described Sky as resembling "DeFi's federal bank" due to its role issuing USDS and DAI stablecoins, setting governance rules, and lending capital to ecosystem participants. Sky's three primary capital-allocation agents—Spark, Grove, and O

According to ChainCatcher, the BRICS nations recently issued a joint statement expressing deep concern over escalating Middle East tensions and calling on regional countries to exercise maximum restraint. The statement encourages avoiding actions that could further inflame the situation and promotes dialogue and diplomatic efforts for long-term peace and stability.

According to Bloomberg reporting, Nasdaq Ventures invested $100 million in Kraken parent Payward, valuing the company at approximately $21 billion. The investment expands a March partnership between Nasdaq and Payward to bring tokenized equities to mainstream capital markets. The companies are jointly developing Nasdaq Equity Tokens (NETs), expected to launch in the second quarter of 2027, which will connect regulated equities with blockchain infrastructure through Payward's xStocks platform. Pa

According to Odaily, trader Killa shorted Bitcoin at $74,688 in mid-April and shifted to a long position on June 5 during the market-wide downturn. Killa, a quantitative trader focused on BTC, previously predicted the peak of the current bull market in May 2025 and maintains over 200,000 followers on X. The shift in positioning reflects a change in market outlook after the early-June decline.

According to Guru Club, on September 8, Bitcoin fell to $77,928.5, declining 1.88% over the past 24 hours, while Ethereum dropped to $2,451.48, down 1.94% in the same period.

According to an SEC filing on Sept. 10, Bitwise announced it will close and liquidate its Dogecoin ETF (BWOW). The fund held just $721,815 in net assets as of Sept. 8. Final trading on NYSE Arca is set for Oct. 14, with cash redemptions expected around Oct. 22. BWOW launched in November 2025 with roughly $3 million in first-day trading volume but failed to sustain demand. Its net asset value fell approximately 45% since inception through August, highlighting weak institutional demand for DOGE de

According to Circle, the stablecoin issuer will halt support for USDC and CCTP V1 on the Noble blockchain, with no integration planned for CCTP V2. Starting October 13, 2026, Circle Mint will cease minting new USDC on Noble, though redemptions remain open through January 12, 2027. After the redemption deadline, all USDC contracts and CCTP routing on Noble will be fully suspended. Circle has advised users to migrate their USDC holdings to other supported networks before the cutoff date and plans

According to Crypto Briefing, the U.S. House Ways and Means Committee will review digital asset tax legislation on September 16, advancing crypto tax bills toward a full House vote. The committee will focus on two key issues: when miners and stakers must pay taxes on newly created tokens, and whether wash sale rules applicable to equities should extend to digital assets. Two primary bills are under review: the Mining and Staking Tax Clarification Act (H.R. 9175) and the Apply Existing Tax Anti-A

According to BlockBeats, CATGPT, a Meme token on the Robinhood ecosystem, briefly broke through $20 million market cap on September 12 before pulling back to $15.62 million. The token surged 41% in the last hour, according to GMGN data.

According to Coinglass, Ethereum open interest fell 6.42% over the past 24 hours to $32.317 billion. Binance holds the largest share at $9.186 billion, followed by Gate at $3.109 billion and Bybit at $2.251 billion.

According to DefiLlama data, Solana has reclaimed the top position for daily decentralized exchange volume with $3.25 billion in 24-hour trading, surpassing Robinhood Chain's $2.72 billion. The $530 million gap marks Solana's return to the lead after Robinhood Chain briefly took the crown earlier this summer. Robinhood Chain, an Ethereum Layer-2 solution launched on July 1, 2026, achieved $2.72 billion in daily DEX volume despite being operational for less than three months, demonstrating rapid

According to Kyiv Post, Ukraine's Armed Forces reported significant progress in their counteroffensive near Lyman, a key area in eastern Ukraine. Market indicators suggest the Ukrainian advances have diminished prospects for Russia to capture Sloviansk by year-end, signaling a shift in military dynamics in the region. Ukrainian forces continue asymmetric maritime operations against Russia's Black Sea Fleet amid high-intensity combat with no ceasefire in place.

U.S. crude oil prices topped $102 per barrel, marking their highest level since May, driven by supply concerns in the Middle East. The surge in West Texas Intermediate (WTI) crude reflects market sensitivity to geopolitical tensions in the region. Meanwhile, China's declining oil demand poses a counterweight to upward price pressure. Sinopec's research arm forecasted Chinese oil demand will decline by 600,000 barrels per day in 2026, suggesting economic slowdown could temper global oil pricing d

According to reports, Apple's iPhone 18 Pro series launched presales in China on the evening of Sept 12, with multiple popular models selling out within minutes across Apple's official website, Taobao, and JD.com. Glacier Blue iPhone 18 Pro and iPhone 18 Pro Max in 256GB, 512GB, and 1TB capacities now show estimated delivery dates of Sept 30. On third-party resale platform Dewu App, iPhone 18 Pro Max 256GB in Burgundy Red traded at an average price of 12,799 yuan, up 1,800 yuan (16.4% increase),

According to journalist Kellie Meyer, Chinese President Xi Jinping is scheduled to visit the White House later this month, amid ongoing U.S.-China tensions over trade and technology. President Donald Trump extended a public invitation for a meeting on September 24, though official confirmation from China is still pending. Market pricing reflects growing confidence in the visit, with odds currently at 95% for a visit by October 1 and 91.5% for a meeting by September 24. Overall confidence in a vi

In February 2026, the U.S. Supreme Court ruled 6-3 that President Trump's tariffs, imposed under the International Emergency Economic Powers Act, were unconstitutional, according to data from Customs and Border Protection and the Penn Wharton Budget Model. The federal government's total exposure from the invalidated tariffs stands between $166 billion and $175 billion. Amazon reported receiving approximately $600 million in tariff refunds in the second quarter of 2026, while Williams-Sonoma coll

On September 11, 2026, Saudi Arabia shut down its East-West Petroline after drone strikes damaged pump stations in the Riyadh and Medina regions, with the attacks traced to Iraq's Maysan province. The closure comes as the pipeline typically moves 4 to 5 million barrels of oil per day, representing 4-5% of global supply. The shutdown follows Iran's closure of the Strait of Hormuz earlier in 2026, which had forced Saudi Arabia to rely heavily on the Petroline as its primary oil export route to the

According to AMD CFO Jean Hu at Citi's Global TMT Conference on September 8, the company revised its total addressable market for high-performance computing to $3 trillion by 2030, up from approximately $2 trillion estimated in July. The server CPU market segment saw the most significant reappraisal, now estimated at roughly $220 billion by 2030, up from a prior estimate of $60 billion. Hu attributed the upgrade to what AMD calls an "AI super investment cycle" driven by accelerating capital expe

Brent crude fell from $109.97 to $104.61 on Friday, helping Bitcoin recover above $77,000 after a difficult week driven by inflation concerns. BTC gained roughly 0.9% on Friday, closing near $77,200, and held around $77,300 on Saturday. Chevron CEO Mike Wirth warned Friday that depleted crude oil inventories and emergency supply buffers could leave markets vulnerable to another price surge, with global oil supply expected to fall by roughly 5.7 million barrels per day in 2026. Despite the week-o

According to Whale Alert, USDC Treasury minted approximately 111 million USDC on the Ethereum blockchain on September 12 at 21:25 UTC.