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
05:13
0

WPIC Forecasts 265,000 oz Platinum Surplus for Full Year 2026 Amid Investment Outflows

According to World Platinum Investment Council (WPIC) analysis, the global platinum market is expected to see a surplus of 265,000 oz in 2026, driven by investment outflows amid heightened macro and geopolitical uncertainty in the first half. Net investment withdrawals are projected at 83,000 oz for the full year. Jewelry demand is forecast to decline 15% due to higher prices and weak consumer spending. Industrial demand is expected to grow 5%, offsetting a 4% drop in automotive demand. Despite
More
05:03
0

Japan's Commercial Crude Inventory Declines to 11.45M Kiloliters as of September 5

According to the Petroleum Association of Japan (PAJ), Japan's commercial crude oil inventory as of September 5 declined to 11.45 million kiloliters from 12.46 million kiloliters the previous week, a decrease of approximately 1.01 million kiloliters. The refinery's operable capacity utilization rate (BPSD) rose to 82.9% from 82.6% in the prior week, while design capacity utilization (BPCD) decreased to 76.6% from 77.6%.
05:01
0

Bank of America Warns of 230 GW U.S. Energy Shortfall by 2030

According to Bank of America, the U.S. is projected to face a shortfall of 230 gigawatts of generating capacity by 2030, while utilities are on track to add only 93 gigawatts. The gap reflects growing concerns over energy supply capacity as demand continues to rise across multiple sectors.
05:01
0

South Korean Refining, Petrochemical Stocks Surge Today as Oil Prices Hit Multi-Year Highs

According to Korea Exchange data, on September 9, South Korean refineries and petrochemical stocks surged as crude oil prices climbed due to Middle East tensions. The KOSPI index rose 1.36% to 7,049.09, with refineries and petrochemical companies leading gains. Lotte Chemical (011170) jumped 12.89% to 64,800 Korean won, while Korea Petrochemical Industries (006650) climbed 11.23% to 108,000 won. West Texas Intermediate crude oil broke above $93 per barrel, with Brent crude approaching $100, spur
More
05:01
0

VanEck Recruits Three Digital Asset Executives on September 9

According to PANews, on September 9, VanEck is recruiting three digital asset-related positions: VP of Regulatory Operations for Digital Assets, Director of Business Development and Partnerships for Digital Assets, and Associate Product Manager for Digital Assets.
05:00
0

Polymarket Odds for Foldable iPhone Above $2,100 Surge to 70%, Up 20% Ahead of Sept. 10 Launch

According to prediction market data monitored by PPP, Polymarket odds for Apple's foldable iPhone launching in the U.S. at above $2,100 surged to 70%, rising 20% over the week, ahead of the company's scheduled product event on Sept. 10 Beijing time. Odds for a price above $2,200 fell to 30%, down 29% weekly. Market expectations for the entry price range from around $2,000, according to analyst Mark Gurman, to approximately $2,099, per Bank of America estimates.
More
04:58
0

South Korea's FSS Investigates Four Journalists Over Insider Trading Using Positive News Articles

According to Yonhap Infomax, on September 9, South Korea's Financial Supervisory Service launched forced investigations against four current journalists suspected of insider trading using positive news articles. The agency deployed 10 investigative teams simultaneously to search the journalists' residences and workspaces, including press seats at FSS headquarters—marking the first time the agency has conducted forced searches of a journalist's desk. The alleged scheme involved manipulating rough
More
04:57
0

Iran Eases Foreign Exchange Controls, Permits USDT and Bitcoin for Cross-Border Trade on September 9

According to Financial Times on September 9, Iran's central bank is easing foreign exchange restrictions and permitting enterprises to use cryptocurrency, particularly Tether (USDT) and Bitcoin, for cross-border trade in response to U.S. sanctions and economic pressures. Sources familiar with the matter stated that the central bank has quietly encouraged companies to repatriate overseas funds through local cryptocurrency exchanges and open market channels, with officials no longer questioning th
More
BTC0.60%
04:55
0

Poland's Central Bank Holds Benchmark Rate at 3.75% as Fuel Prices Push Inflation Higher

According to a survey of 34 economists by Jin10, Poland's central bank is expected to hold its benchmark interest rate at 3.75% on Wednesday, as fuel prices have pushed inflation closer to the central bank's tolerance ceiling. The ongoing Middle East conflict has constrained global oil and gas supplies, accelerating price growth in Poland and other energy-importing nations.
04:53
0

Visa Stablecoin Annualized Settlement Volume Surpasses $20 Billion, Up 15x Year-over-Year

According to Visa, the company's stablecoin annualized settlement volume surpassed $20 billion on September 9, with year-over-year growth exceeding 15 times. In the second quarter, more than 160 stablecoin-linked card projects were live on the Visa network, with related payment volumes up nearly 200% year-over-year, demonstrating accelerating adoption of stablecoins in bank card payment and settlement scenarios.
04:49
0

KOSPI Rises 1.07% to 7,028.71 Points Overnight, Led by Semiconductor Stocks

According to Edaily, South Korea's KOSPI index gained 1.07% to 7,028.71 points as of 1:21 PM on Sept 9, reclaiming the 7,000 level despite regional geopolitical tensions. The index briefly surged to 7,112.48, up 2.27%, as semiconductor stocks strengthened on the back of overnight gains in U.S. chip equities. SK Hynix rose 3.01% to 1.847 million won, while Samsung Electronics was essentially flat at 269,750 won. Retail investors sold 1.86 trillion won of shares, while institutions purchased 699 b
More
04:43
0

Hana Securities: South Korea's Market-Leading Stock Rally Unlikely Near Term, Forward PER Half Historical Average

According to Hana Securities, on September 9, senior research director Lee Kyung-soo concluded that dominant stock market rallies face headwinds in the near term. The firm analyzed 17 past instances of such rallies, finding an average duration of 2.4 months spanning approximately 20% of the analytical period. Current market conditions differ from historical patterns. Forward PER stands at 5.6x, roughly half the average of 10.2x during past rally periods. Additionally, sentiment indices show weak
More
04:43
0

Ant Group Open-Sources Ling-3.0-flash-Fin with 124B Parameters for Financial Research

According to Ant Group, on September 9, the fintech company open-sourced Ling-3.0-flash-Fin, a finance-focused AI model for investment research, valuation modeling, and report generation. The mixture-of-experts model has 124 billion total parameters and activates 5.1 billion per token. Ant Group also open-sourced FinFIRST, an expert-built benchmark for financial search agents developed with support from China International Capital Corporation Limited's investment banking team. The model is avail
More