Gate Crypto Flash News and Market Updates

According to CNBC, Snowflake shares surged 22% in extended trading on Wednesday after the data analytics software maker reported fiscal Q2 results that beat expectations. The company posted adjusted earnings per share of 62 cents versus 45 cents expected and revenue of $1.55 billion versus $1.48 billion consensus. Revenue grew 35% year over year in the quarter ended July 31. Snowflake attributed the outperformance partly to gains from its CoCo artificial intelligence coding agent, which now has

On September 2, the Nasdaq Golden Dragon China Index fell 0.05% to close at 6051.33. Among major Chinese tech stocks, Sungrow Power Energy led gainers with a 5.5% rise, followed by Meituan up 4.4% and Xiaomi up 2.2%. In declines, Century Link fell 2.3%, while Alibaba and MediaTek each dropped 0.9%. The Chinese Technology Index ETF (CQQQ) declined 0.10%, while the China Internet ETF (KWEB) rose 0.04%.

The Blockchain Association announced the Clarity Act initiative on September 10 at Stablecon, aiming to establish a regulatory framework that clarifies the roles of the SEC and CFTC in governing U.S. digital asset markets. The discussion, featuring speaker Summer Mersinger, will address jurisdictional disputes between the two regulators. Blockchain Association members receive a $300 discount for participation.

According to Coinbase's official announcement, Anthony Armstrong will join the company's board of directors and audit committee. Armstrong recently served as chief financial officer (CFO) of xAI and X Corp, and previously spent nearly a decade at Morgan Stanley leading global technology mergers and acquisitions, as well as holding a position at the U.S. Department of Government Efficiency.

According to OKX, Solana (SOL) broke through the $100 mark today, trading at $100.01 with a 24-hour gain of 0.12%.

On Wednesday (Sept 2), gold ETF surged 1.52%, while Russell 2000 small-cap index ETF rose 1.18%, topping major U.S. equity asset class ETFs. Long Japanese yen, emerging markets, and Dow ETF also posted modest gains of 0.93%, 0.57%, and up to 0.54%, respectively. Conversely, agricultural commodities declined, with the Volatility Index (VIX) dropping 2.86%.

HPE signed a $3.5 billion agreement with a major hyperscaler following its third quarter earnings, according to the company's latest disclosure.

According to CryptoTwitter commentator Ran Neuner, interest rate hike odds have risen to 70% from 40% last week, driven by energy prices and monetary policy discussions at Jackson Hole. This shift is adding downward pressure to Bitcoin as gold prices retreat from their August rally gains, potentially signaling similar weakness in the crypto market.

According to FinanceFeeds, Silhouette launched its request-for-quote (RFQ) system on Hyperliquid mainnet on September 1, enabling traders to request prices from multiple market makers and settle winning quotes onchain for tokenised equities (xStocks). The RFQ mechanism allows traders to execute large positions through dedicated market makers rather than the exchange's standard onchain order books. Meanwhile, xStocks have reached $40 billion in cumulative trading volume, attracted over 200,000 ho

U.S. Commerce Secretary Lutnick stated on September 3 that Anthropic has repaired its relationship with the Trump administration, resolving months of sharp disagreements over national security issues. Lutnick said both sides have "gotten their act together" after initial tensions, with the administration helping bridge the gap and securing the company's support. This follows June, when the Commerce Department briefly imposed export controls on two of Anthropic's top AI models before lifting the

Broadcom's Q3 adjusted net revenue of $295.9 billion beat analyst expectations of $294.5 billion. However, the company guided Q4 revenue at approximately $348 billion, falling short of analyst consensus of $350.5 billion. The stock declined 4% in after-hours trading following the guidance.

U.S. stock indices rose on Wednesday, with Dell surging 15.7%. The Hang Seng Tech Index declined slightly.

According to official closing data from the New York Stock Exchange on September 2, U.S. stock market's three major indexes rallied in tandem for the first time in four trading days. The Dow Jones Industrial Average rose 295.07 points, or 0.56%, to close at 53,061.95. The S&P 500 index gained 35.13 points, or 0.46%, ending at 7,666.60. The Nasdaq Composite increased 118.05 points, or 0.45%, to 26,217.83. The rally was supported by a slight decline in U.S. Treasury yields after five consecutive d

On Wednesday, Sept 2, most U.S. sector ETFs posted gains. Regional bank ETFs rose 2.23%, while bank sector ETFs advanced 2.09%, global aviation ETF gained 1.58%, and biotechnology ETF climbed 1.41%. Semiconductor ETF was up 0.96% and global tech ETF gained 0.27%. Internet and tech industry ETFs posted minimal movement, with the latter down 0.02%.

According to informed sources cited by ChainCatcher, Payward, the parent company of crypto exchange Kraken, has postponed its initial public offering to no earlier than Q2 2027. The company had previously shelved its multi-billion-dollar IPO plan in March due to challenging market conditions. Payward submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission in confidential form in November 2025, following a $800 million funding round that valued the company at $

According to Bitfinex, Bitcoin gained 24.9% in August, marking its first positive month since 2021. This represents the largest monthly gain for BTC since November 2024. The substantial increase reflects a potential shift in market sentiment, with traders reassessing strategies amid mixed signals in the broader crypto landscape.

According to the data, Uniswap processed $2 billion in Robinhood stock tokens over the past two weeks, bringing its all-time total to over $3 billion. Uniswap controls 73% of stock deposits on Robinhood Chain, solidifying its position as the primary automated market maker on the platform.

According to Stand With Crypto, a cloture vote on the CLARITY Act is scheduled for September 15, 2026. The advocacy organization is encouraging community members to support the vote, which aims to establish clearer regulatory guidelines for the cryptocurrency industry. The CLARITY Act seeks to address regulatory uncertainties affecting digital asset operations.

According to Jin10, the Fear and Greed Index was released on September 2, 2026 (after U.S. market close). The specific index reading was not disclosed in the initial report.

Snowflake shares gained 18% in after-hours trading on September 2.