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
03:51
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Bitcoin Spot ETFs See $433M Net Inflows on Sept 18, Led by Fidelity FBTC

According to Farside data, U.S. Bitcoin spot ETFs recorded net inflows of $433 million on Sept 18 (U.S. Eastern Time). Fidelity's FBTC led with $310.7 million in inflows, followed by BlackRock's IBIT with $108.4 million. This marked the second consecutive trading day of net inflows for Bitcoin spot ETFs. Since launching in January 2024, the products have accumulated $5.52 billion in net inflows.
BTC4.86%
03:51
0

Linera Announces Immediate Shutdown Due to Insufficient Funding After Token Sale Falls Short of $900K Target

According to CryptoTwitter commentator @WuBlockchain, a16z-backed Layer 1 project Linera recently announced its immediate shutdown due to insufficient funding. The project's token sale on Sonar attracted nearly $900,000 in commitments but fell short of the minimum threshold required. Linera's team communicated the decision on Discord, confirming that all contributions from the token sale would be refunded. Founded by former Meta researcher Mathieu Baudet, Linera had raised approximately $12 mill
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03:49
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OpenAI Expects $278B Negative Free Cash Flow by 2030 as Infrastructure Spending Hits $856B

According to a company presentation, OpenAI expects negative free cash flow of $278 billion from 2026 to 2030 as it increases spending on computing power and infrastructure. Cumulative spending on compute and infrastructure is projected to reach approximately $856 billion by 2030, while revenue is expected to rise from $36 billion this year to $350 billion in 2030. OpenAI secured a $110 billion funding round this year with investment from Amazon, Nvidia, and SoftBank, followed by an additional $
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03:45
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Whale Loracle Faces $3.03M Floating Loss on HYPE Short Position Amid Price Surge

According to ChainCatcher on-chain data, whale Loracle's three-times leveraged HYPE short position is experiencing expanding losses as HYPE price continues to rise. The floating loss has reached $3.029 million, with the position valued at approximately $7.06 million and a return on investment of negative 128.73%.
03:43
0

UBS Names 14 Tech Stocks as Top Picks on Thursday, Amazon and Palantir Among Favorites Amid Early-Stage AI Spending

According to MarketWatch, UBS analysts named 14 technology stocks as top picks on Thursday, citing that artificial intelligence spending cycles remain in early stages, presenting multiple opportunities in the sector. The team highlighted several companies benefiting from AI infrastructure buildout, noting that only 8% of surveyed enterprises have deployed AI agents at scale to date. Amazon is UBS's top pick among large internet companies, with a $318 price target implying 25% upside. Analysts ex
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03:43
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Bastion Receives OCC Conditional Approval for National Trust Bank Charter on September 18

According to ChainCatcher, stablecoin infrastructure company Bastion received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter on September 18. Operating as Bastion Platforms National Trust Company, the firm will provide stablecoin custody, wallet services, and white-label issuance solutions for USDC and other GENIUS Act-compliant digital assets. The charter consolidates Bastion's stablecoin operations under a single federal reg
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USDC-0.04%
03:37
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Whale Transfers $362.56M ZEC, Deposits $15M to Coinbase Overnight

According to Arkham, whale address t1Lyq transferred $362.56 million worth of ZEC overnight on September 19, depositing $15 million to Coinbase. This marks the address's first deposit to an exchange in ten months. The tokens originally cost $163.88 million when acquired ten months ago. Since 2025, the whale has realized $361 million in gains on this position.
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03:37
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Yahoo Finance Ends Polymarket Partnership, Removes Prediction Market Data Hub in April

According to Bloomberg, Yahoo Finance ended its partnership with Polymarket in April and removed a hub on its site that displayed the prediction market platform's probability data on economic, government, and market outcomes. Yahoo said the agreement to display Polymarket data had concluded, though the platform still advertises on the site and Yahoo remains open to similar partnerships. Polymarket has faced US regulatory scrutiny since 2022, when the Commodity Futures Trading Commission ordered
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03:33
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Bitcoin Surpasses Tesla in Global Asset Rankings, Hits $1.63T on Sept 19

According to PANews, Bitcoin surpassed Tesla today to reclaim the top 15 position in global asset market cap rankings. Bitcoin's market cap reached approximately $1.63 trillion, up 5.05% over the past 24 hours, while Tesla's market cap stood at $1.438 trillion, down 0.53% following Friday's stock close at $364.27.
BTC4.86%
03:25
0

Nvidia-Backed Nscale Files for US IPO with $140.6M H1 Revenue, $1.02B Loss

According to Bloomberg, Nscale, a London-based AI data center developer backed by Nvidia and Microsoft, filed for a US initial public offering on September 18. The company reported revenue of $140.6 million and a net loss of $1.02 billion for the six months ended June 30, according to its SEC filing. Nscale plans to trade on the New York Stock Exchange under the ticker symbol NSCL.
03:22
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Cathie Wood Discusses AI and Bitcoin Convergence in Latest Bitcoin Brainstorm Episode

According to a recent X post, Cathie Wood released a new episode of Bitcoin Brainstorm focusing on the convergence of artificial intelligence and Bitcoin. The episode features discussions with guests from Bitcoin Park. Wood is the founder and CEO of ARK Invest, an investment firm known for its focus on disruptive innovation and technology integration in finance.
BTC4.86%
03:19
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Mirae Asset Raises Samsung SDS Target Price to 300,000 KRW on September 19, Picks NHN as Top Pick

According to Mirae Asset Securities, on September 19, the firm upgraded Samsung SDS to its top pick among large-cap internet and software stocks, raising the target price from 260,000 to 300,000 Korean won. The brokerage also named NHN as its preferred small-cap pick with a target price of 80,000 won and a buy rating. Mirae Asset analyst Lim Hee-seok said that long-term competitiveness of AI data center operators will be determined by "who secures what demand" rather than "how much is built." As
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03:19
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Mirae Asset Upgrades Samsung SDS Target Price to 300,000 Won on AI Datacenter Demand Focus

According to Mirae Asset Securities on September 19, analyst Lim Hee-seok upgraded Samsung SDS to top pick for large-cap internet and software stocks, raising its target price from 260,000 won to 300,000 won. For mid-cap names, NHN maintained its top pick status with a 80,000 won target and buy rating. Lim's key thesis: AI datacenter competitiveness hinges on securing stable long-term customers rather than expansion scale. As supply normalizes after 2031, operators with locked-in demand through
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03:15
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Suspected Whale Transfers 33,180.48 ETH to Exchange, Valued at $86.9M, Five Hours Ago

According to on-chain analyst Ai Yi, two addresses linked to the same whale entity transferred all 33,180.48 ETH to an exchange five hours ago at $2,620 per token. The addresses had originally withdrawn the ETH from Bitfinex in November 2023 at an average price of $2,002.75. If the whale sells at current market prices, the transaction would generate approximately $20.48 million in profit.
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ETH5.73%