Gate Crypto Flash News and Market Updates

Iron ore futures in Singapore surged 1.6% to $101.10 per ton today (September 7), marking the first time above the critical $100 psychological level since early summer. According to S&P Global analyst Pranay Shukla, the rally is primarily driven by position unwinding, as traders exit previous long coking coal and short iron ore spread trades, creating fresh buying pressure.

According to KB Securities on September 7, Samsung Electronics and SK Hynix saw memory inventory decline to below 10 days in the third quarter, with the brokerage forecasting an unprecedented supply shortage next year. The analyst noted that next year's AI infrastructure investment could surge sharply, with DRAM and NAND demand potentially exceeding supply by more than 10 percentage points, marking a historic shortage.

According to Harmony, on Sunday the Ethereum-compatible layer-1 network proposed sunsetting its blockchain and migrating its native ONE token to Ethereum as an ERC-20 token, seven years after launching its mainnet. Under the proposal, all ONE balances would be recorded at the network's final block and new ERC-20 tokens airdropped to addresses on Ethereum, covering wallets, staking delegations, validator rewards, smart contracts and centralized exchanges with no claims required. Validators would

According to Chosun Biz, on September 7, the Young Poong and MBK Partners consortium called for an independent investigation into allegations that Choi Yun-beom's family engaged in what it described as 'pre-investment and early recovery' using company funds. The consortium stated that between 2019 and 2023, when Choi served as CEO of Korea Zinc, his family invested personal funds in certain unlisted companies before Korea Zinc subsequently invested through the Won Asia Partners fund. The consort

According to ChosunBiz, SK Hynix's 1c nm DRAM market share is projected to reach 35% in the first quarter of 2027, surpassing the 1b node at approximately 33% to become the mainstream process for the first time. The company's 1c nm market share has grown from around 10% in Q1 2026 to 13% in Q2, with projections of approximately 24% in Q3 and 34% in Q4 2026. The 1c nm process node serves as a core component for HBM (High Bandwidth Memory) stacking in next-generation memory applications.

According to BlockBeats, on September 7, two early Zcash address holders set sell limit orders totaling $14.21 million within 84 seconds of each other. The addresses have a combined cost basis of $620-636 per ZEC and have accumulated unrealized gains of approximately $5.73 million as ZEC has doubled.

According to Bitget market data, on September 7, South Korea's leveraged long products tracking SK Hynix rallied 15.67%, while its Samsung Electronics counterpart gained 10.52%.

Europe's government bond market is experiencing its worst selloff in years, driven by surging natural gas prices and geopolitical tensions. Natural gas prices at the TTF hub, Europe's benchmark, have climbed past €75 per megawatt-hour, the highest level since early 2023. The result: government bond yields are spiking across the board and market expectations for the ECB's monetary policy are shifting sharply. Germany's 10-year Bund yield has peaked at roughly 3.38%-3.39%, its highest point since

According to a circular draft reported by Mobile Payment Network, the Philippines' Central Bank (BSP) announced on September 7 it will suspend accepting new payment system operator (OPS) registrations, licensing, and related authorization applications for one year. The suspension aims to facilitate a comprehensive review of OPS classification and licensing frameworks. The BSP also plans to establish a central database for merchants accepting QR code payments, integrating merchant information pro

According to AWE Network, the on-chain migration window from legacy $STPT tokens to $AWE will close on September 21, 2026, giving remaining holders approximately one month to convert before tokens become permanently ineligible for the swap. Over 99% of the roughly 1.94 billion token supply has already migrated at a clean 1:1 ratio since the migration opened in May 2025 when STP Network rebranded to AWE Network. Holders maintaining self-custody $STPT can migrate through AWE Network's official swa

According to Kenanga Investment Bank, Malaysia's bond market attracted record foreign capital in August 2026, with inflows totaling RM5.5 billion (RM3.6 billion toward month-end and RM1.9 billion mid-month), primarily driven by investor optimism over the country's aggressive push into artificial intelligence infrastructure. Foreign demand centered on Malaysian Government Securities (MGS) and Government Investment Issues (GII). Malaysia approved RM95.8 billion in data center and cloud computing i

Japan's coincident index rose to 1.7% month-on-month in July, according to preliminary data, compared with 0.6% in the prior month, marking an increase of 1.1 percentage points.

Japan's leading economic index rose 1.7% month-over-month in July (initial reading), up from 0% in the previous month. The index, which gauges near-term economic activity, showed renewed momentum after flat performance in June.

On August 18, 2026, U.S. public debt surpassed $40 trillion for the first time, reaching $40.047 trillion and exceeding the entire national economy's size of approximately $31.9 trillion. In a historic shift, annual interest payments on the national debt have crossed $1 trillion, outpacing federal spending on national defense and becoming the second-largest item in the federal budget after Social Security. Through July of fiscal year 2026, net interest costs reached $963 billion, up 14% from the

Japan's leading economic index came in at 120.6 in July, beating the forecast of 120.3 and rising from 118.5 in the prior month, according to official data released in early September.

According to Odaily, Solana NFT project BOOGLE announced on X that fomo co-founder Se Yong acquired BOOGLE #041 through an over-the-counter transaction for 850 SOL, valued at approximately $89,000.

Japan's leading indicator for July came in at 117.9, missing expectations of 118 but edging up from the previous month's reading of 116.5.

According to PPP prediction market tool, an account increased its position in the Polymarket "Federal Reserve September hold" prediction event today, bringing cumulative purchases to $143,000 with an average entry price of 52 cents and total holdings to 283,712.6 shares. The account has accumulated over $50,000 in losses but continues to add to the position. The Fed's next FOMC meeting is scheduled for September 15-16, 2026.

According to Russia's Defense Ministry, Russia struck Ukraine's Izmayil port, INTERFAX reported.

According to reports citing Russia's Ministry of Defense, Russia struck a ship carrying military cargo at Ukraine's Chornomorsk port. The International News Agency reported the incident based on statements from the Russian defense ministry.