Gate Crypto Flash News and Market Updates

According to the U.S. Bureau of Labor Statistics, on Friday (Sept. 11), a stronger-than-expected August CPI report boosted Federal Reserve rate hike expectations, pushing the Dollar Index (DXY) up 0.1% to 99.13. August core CPI rose 0.3% monthly, above the 0.2% forecast, while the overall CPI matched expectations at 0.4%. Following the data, CME FedWatch tool showed market expectations for a 25 basis point rate hike next week surged to nearly 87% from about 69% prior to the release. Japanese Yen

The Magnificent 7 index rose 1.03% to close at 228.01 on Friday (Sept. 11), declining 0.26% for the week. Meanwhile, the U.S. mega-cap technology stock index gained 1.07% to 454.47 points, up 0.95% weekly.

According to a court order issued Friday, Paramount Skydance Corp. and state attorneys general challenging its $110 billion acquisition of Warner Bros. Discovery (WBD) have been ordered to meet by late October to negotiate a possible settlement. The U.S. Writers Guild West (WGA West) will also participate in talks, with U.S. District Judge Thomas Hixson presiding. A spokesperson for California Attorney General Rob Bonta clarified that the court-ordered settlement conference only requires the par

Stellantis has signed a memorandum of understanding with Canadian armored vehicle manufacturer Roshel Inc. to outline the sale of an idle automotive factory near Toronto. Roshel is bidding for a Canadian military contract to build light-duty multipurpose vehicles and told the government it can quickly restart operations if awarded the contract. The company's chief executive said Roshel has developed a clear plan for the facility, with the memorandum marking the first step in what has been descri

Gate News message, a whale has accumulated 36.36K $ZEC (~$41.56M) from CEX, CEX, CEXfx and Gate over the past six days. The buying continues, with another 6.52K $ZEC (~$7.67M) withdrawn from CEX and CEX in the past 15 minutes.

According to Iraq's Prime Minister's Office, investigations confirmed on September 11 that drone attacks against Saudi Arabia originated from within Iraqi territory. Following the findings, a military commander was dismissed from his position.

According to China Earthquake Networks Center, a 6.2-magnitude earthquake occurred near the Java Sea on September 12 at 05:24 local time (at 5.01 degrees south latitude, 106.88 degrees east longitude). The earthquake was classified as a deep-source event, with the final assessment pending official bulletin confirmation.

According to Manifund cofounder Austin Chen, Caroline Ellison, former CEO of Alameda Research, has joined the nonprofit this Friday to develop its funding platform and support philanthropic efforts. Ellison worked on a trial basis since July and became full-time in August, publishing under the pseudonym "Carol." Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to FTX's 2022 collapse and cooperated with prosecutors. She served a two-year sentence beginning in Novemb

Brazil's Central Bank is set to conduct a spot US dollar auction with a maximum amount of $1 billion on September 15.

According to the German Research Centre for Geosciences (GFZ), a 6.2-magnitude earthquake hit Java, Indonesia today (September 11).

A federal appeals court in Washington, D.C., ruled this week that the Department of Energy lacks authority to invoke emergency powers to prevent the closure of J.H. Campbell coal-fired power plant in Michigan. The court upheld the position of Michigan, Minnesota, Illinois, and public interest groups, determining that the DOE misinterpreted the legal definition of emergency intervention. The judges found no imminent short-term crisis that would override state grid management authority, and noted

According to Oracle Corporation, cumulative restructuring costs related to its 2026 restructuring plan reached up to $2.1 billion as of August 31.

According to company filings published Friday, Metaplanet reduced the share pool available under its Series 10 Stock Acquisition Rights plan by 41%, cutting potential shares from approximately 319.5 million to 188.2 million. The Tokyo-listed bitcoin treasury company made the adjustment following shareholder protests that the previous structure created excessive dilution while delivering outsized gains to management. The Series 10 conversion ratio was reduced from 696 shares per option right to 4

US 10-year Treasury yield rose 0.43 basis points to close at 4.9669% on Friday, September 11, surging to 4.9792% when CPI inflation data was released at 20:30 Beijing time, before falling to 4.9016% at 21:03 in a W-shaped intraday pattern. The yield gained 18.48 basis points for the week, approaching the October 23, 2023 high of 5.0187%. Two-year Treasury yield rose 3.98 basis points to 4.6254%, with a weekly gain of 25.93 basis points.

According to China Central Television (CCTV), on September 11, Saudi Arabia's oil pipeline infrastructure in the Riyadh and Medina regions came under attack from unmanned drones originating from Iraq, resulting in personnel injuries and facility damage. The Saudi Foreign Ministry condemned the strikes and stated that damage assessments are underway. Saudi Arabia reserved the right to take all necessary measures to protect national sovereignty, security, infrastructure, and citizens, according to

According to Fitch Ratings, the company continues to forecast Italy's budget deficit will improve to 2.9% of GDP in 2026.

According to Fitch Ratings, Italy's economy is expected to grow at an average rate of 0.8% between 2026 and 2028.

On the weekend, dozens of counties in Northern California face public safety power outage risks as strong winds and changing humidity increase wildfire threats. Starting Saturday, eight inland counties will experience potential power shutoffs, with four additional counties facing blackouts from Sunday onward. Fire risks are expected to intensify Saturday as dry winds flow from the Sierra Nevada range, with red flag warnings in effect north of Sacramento through Monday morning.

On Friday (September 11), offshore Chinese yuan (CNH) traded at 6.7080 against the U.S. dollar, up 64 points from Thursday's New York close. Intraday trading ranged between 6.7148 and 6.7060. For the week, CNH remained largely flat.

On Sept 11, spot gold rose 0.68% to $4,348.11 per ounce. Following the U.S. CPI data release at 8:30 PM Beijing time, gold briefly surged to a daily high of $4,402.27, breaking the $4,400 level before retracing. For the week, gold declined 1.85%. Spot silver climbed 1.32% to $64.44 per ounce but fell 2.66% on a weekly basis, while COMEX copper futures slipped 1.80% for the week despite gaining 0.30% on the day.