Gate Crypto Flash News and Market Updates

A federal judge in Rhode Island on Friday ruled that the Trump administration illegally terminated Solar for All, a $7 billion federal solar subsidy program. The Environmental Protection Agency (EPA) canceled the initiative in August 2025, which had allocated funds nationwide to help low-income communities invest in solar energy and home improvements. The ruling came after multiple legal challenges from stakeholders across the country.

According to Bloomberg, ProEnergy is seeking a U.S. initial public offering at a valuation of up to $50 billion, according to people familiar with the matter.

According to Coinglass data cited by ChainCatcher, Ethereum (ETH) open interest across all exchanges increased 9.89% over the past 24 hours, reaching $34.261 billion. Binance accounts for $9.58 billion of the total, followed by Gate at $3.27 billion, Bybit at $2.546 billion, and OKX at $1.841 billion.

Anthropic filed a confidential S-1 registration with the SEC on June 1, setting the stage for a potential IPO. The AI company's latest valuation stands at $965 billion following a $65 billion Series H round in late May, with IPO expectations ranging between $1 trillion and $2 trillion. The company's revenue run-rate surged to approximately $47 billion by May 2026, roughly tripling from the $9 to $10 billion range at end of 2025, and exceeded $65 billion by July. The public listing is anticipated

CoreWeave and Nebius, two GPU-focused cloud providers, reported Q2 2026 results on September 18, with CoreWeave posting revenue of $2.58 billion, up 112% year-over-year, and Nebius reporting revenue between $575 million and $582 million, a gain of more than 450% over the same period. CoreWeave's contracted revenue backlog reached $104 billion as of June 30, with an additional $25 billion-plus in commitments added early in Q3. Nebius' AI cloud segment surged over 500% year-over-year, with an annu

According to Bloomberg, Blackstone secured a first-lien term loan from UBS on Sept. 10 to finance its acquisition of a controlling stake in Flow Control Holdings, a data center liquid-cooling components supplier. The loan's size and terms were not disclosed. Blackstone agreed to acquire the stake from Audax Private Equity, which will retain a minority interest. The acquisition is expected to close by year-end, while the loan is expected to launch in the coming weeks.

The US House of Representatives passed the Lindsey O. Graham Sanctioning Russia and Iran Act on September 16, with a vote of 262-159, following Senate approval (86-11) in August. The bill authorizes tariffs of up to 100% on goods from major purchasers of Russian crude oil, targeting India, China, Azerbaijan, Hungary, and Slovakia. Russian oil accounted for approximately 30% of India's oil imports in fiscal year 2026, valued at roughly $40.8 billion. On September 17-18, India's government warned

Palantir USG Inc. recently secured a $48,094,071 contract with the U.S. Army to consolidate nine separate legacy ammunition management systems into a single software platform. The competitive selection process was completed in six weeks. The new platform will use low-code/no-code technology, allowing Army personnel to configure and adapt the software without custom development. The contract includes a 12-month base period for deploying core functionality, with options to extend for up to five ad

According to CoinGlass and major exchanges including Binance, Hyperliquid, OKX, and Bybit, $515 million in crypto positions were forcibly liquidated in a single day. Bitcoin and Ethereum futures bore the brunt of the damage, with each absorbing approximately $190 million in liquidations. This event mirrors a comparable incident on September 16, when $571 million in long positions were wiped out following the Clarity Act's failure to advance in the U.S. Senate, which similarly triggered sharp dec

The Trump administration is mobilizing the Defense Production Act (DPA), a Cold War-era law originally enacted in 1950, as a centerpiece of its strategy to maintain national security control over advanced artificial intelligence. The DPA's core authorities are set to expire on September 30, 2026. In February 2026, Defense Secretary Pete Hegseth met with Anthropic CEO Dario Amodei and reportedly threatened to invoke the DPA to enforce military compliance with the AI company's models. The confront

Russia's State Duma election, scheduled for September 20, 2026, is marked by the dominance of pro-war parties and the exclusion of anti-war opposition candidates. The political environment remains under tight Kremlin control, limiting space for dissenting voices. According to prediction markets, United Russia is expected to secure the second-most seats in the Duma, with odds currently at 92.5%.

According to the Kyiv Post, Russia has intensified attacks on Ukraine's railway infrastructure in recent developments. The escalation targets critical transport routes, disrupting both civilian movement and military supply lines essential to Ukraine's internal stability.

According to the U.S. Department of Agriculture, a horse in Grant County, New Mexico tested positive for New World screwworm on September 18. On the same day, USDA Secretary Brooke Rollins announced that the nation's largest Mexican cattle import port in Santa Teresa will proceed with its scheduled reopening on September 24. The USDA has established quarantine zones and deployed sterile flies to prevent potential spread of the disease.

According to Financial Times, OpenAI is projected to spend $280 billion from now through 2030.

According to Alibaba AI, Qwen has launched its Qwen3.8-Omni-Flash multimodal model today, designed to enhance AI Agent capabilities in real-world productivity scenarios. The model extends beyond multimodal content understanding to support task planning, tool invocation, and content creation. Building on existing abilities in coding, text-based knowledge work, and GUI operation, Qwen3.8-Omni-Flash introduces advanced audio and video processing workflows, enabling applications such as video editin

According to Scope, the Europe-based international credit rating agency downgraded France's sovereign credit rating from AA- to A+ on September 18, citing persistent fiscal deterioration marked by rising government debt, stubborn budget deficits, and insufficient structural reforms. The outlook on the credit rating was revised from negative to stable. France's 10-year government bond yield climbed 12.13 basis points to 4.5735%, hitting its highest level since July 2008. The spread between French

According to the Wall Street Journal, Anthropic delayed its initial public offering (IPO) to November. The announcement follows the company's earlier plans to go public.

According to CNN, the U.S. government will host a United Nations summit focused on artificial intelligence next week.

U.S. President Donald Trump will meet with Venezuelan interim president Rodriguez in New York next week, according to public statements.

According to Yonhapinfomax, South Korea's Deputy Prime Minister Koo Yun-chul stepped down on Sept. 18 after 14 months as the government's chief economic official. During his tenure, Koo supported economic recovery following political turmoil, concluded tariff negotiations with the U.S. that reduced mutual tariffs to 15% from 25%, and promoted AI as a breakthrough growth strategy through the "30 Major Leading Projects." However, his authority was significantly weakened by organizational restructu