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
07:46
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SOPH Surges 146% Today as Mystery Address Scores Early Positioning in 24-Hour Rally

According to BlockBeats, monitoring data from TradingBeats showed that SOPH surged more than 146% in 24 hours on September 8, with intraday gains exceeding 100%. A mysterious new address made multiple strategic moves, entering the position yesterday and opening its first long position 17 minutes after the early morning low point, precisely timing the market's key momentum window.
07:46
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DeepSeek Launches V4.1 Flash Beta With Multimodal Support, 20 Concurrent Requests Per Account

According to official WeChat group notification, DeepSeek began beta testing V4.1 Flash, a new intermediate model featuring native multimodal support, improved speed, and lower costs compared to V4 Flash. Pricing remains the same as V4 Flash, with a limit of 20 concurrent requests per account. Users can now invoke the model directly by replacing the model ID with deepseek-v4.1-flash-expires-on-0910; the baseurl requires no changes.
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07:42
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RedotPay Completes Big Four Independent AML/CFT Assessment for Two Hong Kong Subsidiaries

According to RedotPay's official statement, the company completed an independent anti-money laundering and counter-terrorism financing (AML/CFT) assessment from a Big Four audit firm on September 8, covering its two Hong Kong-licensed subsidiaries, Red Dot Trust Limited and Red F. Technology Limited. The assessment evaluated the company's controls and processes across governance, quality assurance, customer due diligence, transaction monitoring, and employee training and resource allocation to i
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07:40
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Samsung Display Raises Apple Foldable and iPad OLED Supply Targets for Next Year

According to ZDNet Korea, Samsung Display plans to significantly increase OLED supplies for Apple foldable phones and iPad next year. The foldable OLED target will rise from approximately 8 million units this year to 15 million next year, while iPad OLED will increase from about 2 million to 9 million units. Combined, supplies will grow from roughly 10 million to 24 million units. Market research firm UBI Research estimates total iPhone OLED demand at approximately 264.7 million units this year,
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07:39
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Asia-Pacific Issuers Launch $3.5B Debt Surge on Tuesday as Rate Concerns Peak

According to Bloomberg, Asia-Pacific issuers rushed into the US dollar bond market on Tuesday, with more than 10 borrowers in queue for issuance. Japan's largest bank Mitsubishi UFJ Financial Group is seeking to raise $3.5 billion, while peers Mizuho Financial Group, Commonwealth Bank of Australia, and Maybank also plan fundraising. Medical device maker Olympus has engaged banks for potential issuance.
07:38
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Shinhan Financial Investment Recommends 2% Digital Asset Allocation in Portfolio

According to Yonhap News, Shinhan Financial Investment's chief researcher Park Woo-yeol recently recommended allocating 2% to digital assets and 8% to alternative assets in investment portfolios, as the traditional 60% stocks and 40% bonds strategy has become less effective due to rising correlations between equities and bonds. Within the digital and alternative asset allocation, Park suggested an 8:2 configuration between gold and bitcoin, citing better risk-adjusted returns from this combined
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BTC-1.21%
07:37
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DCE Chemical Futures Warehouse Receipts: PVC Declines 732 Contracts on Sept 8

According to the Dalian Commodity Exchange (DCE), on September 8, polyvinyl chloride (PVC) futures warehouse receipts totaled 118,589 contracts, declining 732 contracts from the previous trading day. Polypropylene (PP) futures warehouse receipts reached 27,133 contracts, down 660 contracts day-over-day. Polyethylene (PE) futures warehouse receipts remained at 4,243 contracts with no change. Ethylene glycol futures warehouse receipts fell to 1,676 contracts, declining 30 contracts, while liquefie
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07:37
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Korea Exchange Announces Same-Day Market Transfer for Delisted KOSDAQ Companies on Sept 8

According to the Korea Exchange on September 8, listed companies designated as controlled stocks due to low market capitalization can transfer to the KONEX market without liquidation procedures. The exchange unveiled amended listing rules with a public consultation period ending September 14, set for implementation on September 23. Transferring companies have 20 trading days to initiate pre-consultation and 30 trading days to submit new KONEX listing applications after designation. Delisting fro
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07:35
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SHFE Commodity Warehouses Show Mixed Moves on Sept. 8; Aluminum Down 2,697 Tonnes, Alumina Up 9,923 Tonnes

According to the Shanghai Futures Exchange (SHFE), on Sept. 8, major commodity warehouse holdings recorded the following changes: copper futures warehouses fell to 21,412 tonnes (-1,903 tonnes), aluminum to 217,177 tonnes (-2,697 tonnes), zinc to 91,597 tonnes (-25 tonnes), nickel to 99,179 tonnes (-268 tonnes), and silver to 1,404,909 kilograms (-1,031 kilograms). Tin warehouses rose to 5,328 tonnes (+208 tonnes), while alumina warehouse inventories increased to 259,202 tonnes (+9,923 tonnes).
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07:34
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AUD/NZD Hits 1.2332, Reaches 13-Year High on Rate Divergence and Metal Rally

According to Jin10, on September 8, the Australian dollar reached a 13-year high against the New Zealand dollar at 1.2332, climbing 0.4% as the Reserve Bank of Australia signaled potential further rate hikes while the Reserve Bank of New Zealand indicated its cash rate may already be in neutral territory. The AUD/NZD has gained 6.2% year-to-date, supported by diverging monetary policy expectations—markets price in at least one more RBA rate increase this year while the RBNZ may not raise rates a
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07:33
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Privacy Sector Surges to $33.6B, Up 213% Since October 2025 Peak, Only Crypto Category Above All-Time High

According to Glassnode, the privacy sector reached $33.6 billion in market capitalization today, surging 213% above its October 2025 valuation and becoming the sole cryptocurrency category trading above its previous all-time high. The sector expanded from approximately $7.1 billion over the past year, with nearly half of that growth materializing in the last 30 days, during which privacy coins posted a 90% gain and outperformed all other asset categories.
07:33
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OCC Misses July Deadline, Targets November for GENIUS Act Stablecoin Rules

According to Comptroller Jonathan Gould, the Office of the Comptroller of the Currency will finalize its main GENIUS Act regulations by November, four months after the statutory deadline Congress set for completing the U.S. stablecoin rulebook. Gould announced the updated timeline on August 19 at the Wyoming Blockchain Symposium. The GENIUS Act became law on July 18, 2025, with Section 13 mandating that primary federal stablecoin regulators complete implementing regulations within one year—makin
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