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
16:26
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Zcash Hits Highest Price in Nearly a Decade at $1,029, Crushing $34.5M in Short Bets

Zcash climbed as much as 20% to an intraday high of $1,029 on Friday, marking its best price in nearly a decade. About $34.5 million in short positions were force-closed as the token broke above $1,000, pushing total ZEC liquidations to roughly $36.6 million, according to CoinGlass data. The privacy coin's market cap climbed toward $17 billion, pushing Zcash past Dogecoin to rank among the top ten cryptocurrencies by market capitalization, according to CoinMarketCap. Grayscale's Zcash ETF began
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DOGE-5.21%
16:22
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Huang Licheng Re-Opens 10x Leverage Long on HYPE, Overall Position Up $302K on September 5

According to PANews, on September 5, trader Huang Licheng (known as Maji Dage) re-opened a 10x leverage long position on HYPE. His overall position value stands at $147 million with unrealized gains of $302,000, representing a return on investment of 5.78%. The position includes a 25x leveraged Ethereum long worth $100 million (up $274,000) and a 40x leveraged Bitcoin long worth $45.89 million (up $29,000).
16:22
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Major Corporate Bitcoin Treasury Sells 7,000 BTC This Summer, Signals Strategy Shift

According to @KaikoData, the largest corporate Bitcoin treasury sold approximately 7,000 BTC this summer, marking a significant shift from its previous accumulation-focused strategy. The sales funded shareholder dividends, rebuilt cash reserves, and supported security repurchases, reflecting a more actively managed approach to Bitcoin holdings. This strategic pivot could influence how other corporate entities approach Bitcoin treasury management.
BTC-1.51%
16:21
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NYSE and Korea Exchange Sign MOU Covering Settlement Modernization and Extended Trading Hours

The New York Stock Exchange and Korea Exchange signed a memorandum of understanding covering settlement cycle modernization, extended trading hours, exchange-traded funds, and market data and index products, according to official announcements in September 2026. The agreement establishes a framework for cooperation across multiple parts of cross-border investment operations rather than a single new trading service. NYSE Arca has received SEC approval for extended trading hours with a December 6,
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16:19
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UK 2-Year Gilt Yields Rise 17.3 Basis Points This Week, Surge on NFP Day

On September 4, UK 2-year gilt yields rose 1.2 basis points to 4.531%, surging to 4.575% following the U.S. nonfarm payroll report released at 8:30 p.m. Beijing time. The 2-year yield climbed 17.3 basis points for the week. UK 10-year gilt yields fell 0.1 basis points to 5.133% in European afternoon trading but rallied to 5.184% after the nonfarm data, gaining 10.3 basis points week-to-date.
16:08
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iPronics Completes $125M Series B Funding for AI Data Center Interconnect, Nvidia Participates

According to Reuters, AI data center optical interconnect company iPronics completed a $125 million Series B funding round on September 5. Maverick Silicon and Light Street Capital led the round, with participation from Nvidia, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. The company's total funding to date reaches $177 million. Proceeds will be used to scale operations and accelerate commercial deployment of its rack-scale optical switching sys
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16:05
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World Meteorological Organization Forecasts Super El Niño to Peak by Year-End, Extending Through February 2027

According to the World Meteorological Organization statement on September 3, an El Niño event has been confirmed and is expected to intensify into a super El Niño within months. The organization said the event's strength is likely to peak by the end of 2026 with a probability close to 100% of persisting through February 2027. UN Secretary-General António Guterres warned that the super El Niño, combined with global climate warming, significantly increases the risk of extreme weather events.
16:02
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El Salvador Holds 7,764.37 BTC From Private Donations Since June 2025, IMF Confirms

According to the International Monetary Fund, El Salvador's bitcoin accumulation since June 2025 has come from private donations rather than public funds. The IMF said documentation provided by Salvadoran authorities confirmed that subsequent increases in the country's holdings reflected documented private donations, resolving concerns about compliance with its IMF-supported economic program, which restricts public-sector bitcoin purchases. El Salvador's official bitcoin holdings reached 7,764.3
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BTC-1.51%
16:02
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US Nonfarm Payrolls Triple Forecast at 162,000 in August; September Hike Odds Jump to 60.4%

According to the Bureau of Labor Statistics, the US added 162,000 nonfarm payrolls in August, roughly triple the forecasted 56,000, with unemployment holding at 4.1% and labor force participation rising to 61.6% from a five-year low of 61.4%. This reversed July's narrative—when a revised gain of 21,000 (previously reported as a loss of 23,000) erased the prior month's contraction. The strong print and rising participation signaled labor-market strength rather than weakness. Markets repriced hawk
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BTC-1.51%
16:02
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Crypto Market Flash Crashes, $60B Lost in Eight Minutes; SOL Holds Above $100

According to influencer @SolanaFloor, the cryptocurrency market experienced a flash crash on September 4, with approximately $60 billion wiped out in eight minutes. The downturn was triggered by a stronger-than-expected U.S. jobs report. Despite the broader market decline, SOL maintained its price above the $100 mark, demonstrating relative resilience amid the volatility.
SOL-2.22%
16:01
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Global Long-dated Bond Yields Surge to Multiyear Highs This Week; Japan's 10-Year Yield Breaks 3%

Long-dated government bond yields surged to multiyear or decade-high levels this week, driven by persistent inflation concerns and rising government debt. Japan's 10-year government bond yield broke above 3% for the first time since 1996, while the U.S. 10-year yield reached its highest level since November 2023. The UK's 10-year yield hit its highest since the 2008 financial crisis, and Germany's 10-year yield rose to levels last seen in 2011. Investors attribute the selloff to structural econo
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16:00
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CZ Meets Kazakhstan Deputy PM on Crypto Industry Growth

According to ChainCatcher, Binance founder CZ met with Zhaslan Madiyev, Kazakhstan's deputy prime minister and minister of artificial intelligence and digital development, and praised the country's rapid crypto industry growth. Madiyev previously served as Binance Kazakhstan's general manager from 2022 to 2024, before being appointed digital development minister in May 2024 and later promoted to his current role as deputy prime minister.
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15:57
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Qatar Dismisses Iran's Selective Report Citations Over Missile Attacks on September 4

According to Qatar's Foreign Ministry spokesperson, Qatar on September 4 dismissed Iran's selective citation of reports regarding missile attacks. The spokesperson stated that Iran's March 1 and July 20 missile strikes on civilian facilities and personnel injuries were not justifiable, and referenced Qatar's official letters submitted to the United Nations as the authoritative record. Qatar confirmed it successfully intercepted the missiles but emphasized this does not diminish the severity of t
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