Gate Crypto Flash News and Market Updates

On September 17, Bitget announced an upgrade to its Proof of Reserves system, expanding verification coverage from 4 cryptocurrencies to 19 major assets. The new coverage includes BTC, ETH, USDT, USDC, BNB, SOL, XRP, LTC, ADA, DOGE, LINK, NEAR, SUI, TAO, XAUT, ONDO, HYPE, PI, and USDGO. The upgrade enables users to view reserve ratios, total asset amounts, and distribution across blockchains for each supported asset. According to Bitget, the platform has published 45 consecutive monthly PoR repo

According to Gate spot trading data, Bitcoin (BTC) broke through $77,000 on September 17, rising 1.11% over the past 24 hours.

According to HTX market data, Bitcoin broke through $77,000 today, currently trading at $77,005.90, up 1.43% in the past 24 hours.

U.S. housing starts in August came in at 1.275 million units, falling short of the forecast of 1.319 million and up slightly from 1.239 million in the prior month.

U.S. initial jobless claims for the week of Sept. 5 came in at 1.73 million, below economists' expectations of 1.78 million and down from the prior week's 1.774 million.

The Philadelphia Federal Reserve's manufacturing index for September came in at 37.8, beating the consensus forecast of 32.5 and declining from the prior month's 47.4.

The Federal Reserve Bank of Philadelphia reported a manufacturing index of 37.8 for September, exceeding the forecast of 30.5 but declining from the previous month's reading of 47.4.

According to latest data, U.S. housing starts in August fell short of expectations, reaching 1.275 million units annualized versus a forecast of 1.309 million. Previously reported August starts of 1.239 million were revised upward to 1.309 million.

In August, Canada's Raw Materials Price Index rose 3.1% month-over-month, significantly surpassing the expected gain of 0.8% and reversing the prior month's 2.20% decline.

Canada's industrial producer price index rose year-over-year to 13.5% in August, up from 12.4% in the previous month.

Canada's Industrial Price Index rose 1.3% month-over-month in August, exceeding market expectations of 0% and the prior month's reading of 0.60%.

Foreign investors made net purchases of CAD 20.65 billion in Canadian securities in July, according to official data. The previous month's figure was revised upward to CAD 41.25 billion from CAD 40.83 billion.

The Philadelphia Federal Reserve's manufacturing employment index declined to 11.8 in September from 27.9 in the prior month, marking a sharp drop of 16.1 points.

The U.S. Philadelphia Federal Reserve's Manufacturing Prices Paid Index climbed to 48.6 in September, up from 40.9 in the prior month, marking an increase of 7.7 points.

U.S. housing permits in August totaled 1.394 million, falling short of the 1.41 million forecast and declining from 1.433 million in July.

Canada's raw materials price index rose to 22.8% year-over-year in August, up from 18.1% in the previous month, according to official statistics.

U.S. continuing jobless claims fell to 1.73 million for the week through September 5, below the expected 1.78 million. The prior week's figure was revised down to 1.69 million from an initially reported 1.774 million.

For the week ending September 12, U.S. initial jobless claims came in at 196,000, below the consensus forecast of 208,000 and down from the previous week's 206,000.

The U.S. initial jobless claims four-week moving average stood at 203,250 for the week ended September 12, down from the prior reading of 206,000.

According to Gate data, USD/JPY (US dollar to Japanese yen) pulled back to 155.5 and was trading at 155.464, up 0.2% over the past 24 hours.