Gate Crypto Flash News and Market Updates

Offshore yuan (CNH) traded at 6.6955 against the U.S. dollar at the close of trading on September 18 (04:59 Beijing time on September 19), up 86 pips from the previous session. The pair approached its level from July 8, 2022 (6.6862) and broke through the 6.7 mark at 09:15 for the first time since January 16, 2023. This week, offshore yuan gained 0.19% cumulatively, with consolidation in early weeks followed by sustained strength on Thursday and Friday. Intraday trading ranged between 6.7044 and

According to sources, the United States and Denmark are set to reach an agreement on Greenland that will strengthen U.S. military presence on the island without affecting Danish sovereignty.

According to Pyth Network's official announcement, the oracle protocol expanded its market coverage to include new India ETF, enhanced US equity offerings, and additional commodity and index futures. The expansion also brings enhanced 24/7 crypto data and redemption rate information through the Pyth Pro API.

According to Bloomberg and Yonhapinfomax, WTI crude oil futures for October delivery fell to $100.30 per barrel, down $1.61 (1.58%), on September 18 (US ET). Brent crude for November settlement declined 0.91% to $103.87 per barrel. Both benchmarks extended a four-day losing streak despite supply concerns from Middle East tensions. Saudi Aramco halted long-term crude shipments to Europe in October following a pipeline attack, but diplomatic expectations for de-escalation supported the market decl

On Friday (Sept. 18), spot gold rose 0.83% to $4,377.73/oz, up 0.68% for the week, according to market data. COMEX gold futures climbed 0.18% to $4,416.90/oz, while spot silver surged 1.57% to $66.2452/oz, gaining 2.73% weekly; COMEX silver futures advanced 2.43% to $66.770/oz. COMEX copper futures rose 0.86% to $6.7185/lb. The Philly Gold/Silver Index fell 0.19% to 394.50, down 1.23% for the week, while the NYSE ARCA Gold Miners Index rose 0.25% to 2,741.65. State Street Global Advisors Metals

According to the International Monetary Fund, Lebanon's economic activity is forecast to contract significantly in 2026, with inflation remaining in double digits.

According to Yonhapinfomax, on Sept 18, the USD/JPY exchange rate plunged over 1 yen after the Bank of Japan (BOJ) conducted a rate check in the foreign exchange market, triggering speculation of potential intervention ahead of Japan's extended "Silver Week" holiday through Sept 23. USD/JPY fell from around 158 yen to 156.732 yen, while the dollar index (DXY) declined to 100.205 from 100.215. Concurrently, crude oil prices dropped for a fourth consecutive day amid expectations for diplomatic res

According to Jin10, on September 19, U.S. President Donald Trump claimed the U.S. is "easily winning" its war against Iran and that Iran will not obtain nuclear weapons. Trump acknowledged that Americans may face higher gas prices to prevent Iran from acquiring nuclear weapons, suggesting the public would prefer rising fuel costs over allowing Iran to develop a nuclear arsenal. He predicted the conflict will end soon and that gas prices will subsequently decline, potentially falling below pre-wa

Grayscale announced a 3-for-1 share split for its Zcash ETF (ZCSH) on September 18, following more than $233 million in cumulative inflows since the fund's August 25 launch. Shareholders of record at the close of trading on September 28 will receive two additional shares for every share held, with split-adjusted trading beginning September 30. The split does not alter the total value of investor holdings. The ETF held approximately $890 million in net assets as of September 17 and generated over

According to FinanceFeeds, on Sep 18, the Federal Reserve raised its Fed funds target range by 25 basis points to 3.75%-4.00% in a unanimous vote, marking its first rate hike in three years. The Summary of Economic Projections signaled a hawkish bias, with the median rate forecast rising to 4.1% by end-2026. The Bank of Japan advanced its normalization by lifting its short-term rate target to 1.25% in a 7-2 vote, while the European Central Bank held its deposit rate at 2.50% and the Bank of Engl

Moody's upgraded Greece's credit rating outlook to positive from stable, signaling improved confidence in the country's fiscal and economic trajectory.

According to Polygon CEO Sandeep Nailwal via ChainCatcher, the Polygon network is preparing to deploy a permissionless burn contract that will permanently destroy 100 million POL as the first tranche, representing 83% of the 121 million POL held by the network's base fee collector. The contract is currently live on testnet and will be deployed to mainnet following final approval from the security committee. Subsequent quarterly community-triggered burns are planned. The first burn accounts for a

According to Stand With Crypto, the Senate failed to advance the CLARITY Act this week, marking a setback for digital asset regulation advocates. The organization noted that 67 million crypto owners are positioned to influence the upcoming congressional elections, potentially impacting future cryptocurrency legislation.

According to the Federal Reserve, U.S. bank deposits reached $19.657 trillion in the latest week, up from $19.566 trillion the previous week, marking an increase of $91 billion.

According to the Russian State Atomic Energy Corporation, a Ukrainian drone crashed into the cooling tower of Kursk Nuclear Power Plant Unit 1 on September 17, causing minor damage. The reactor unit continues operating at 100% power, and background radiation levels remain normal with no changes detected. Rosatom confirmed that nuclear safety operations remain secure.

According to Reuters, OpenAI Chief Executive Officer Sam Altman will brief the UN Security Council next week.

On Friday, September 18, the Soybean Fund fell 1.04%, with the U.S. Real Estate ETF declining 0.96% and the Agriculture Commodities Fund down 0.95%, leading losses among major U.S. asset class ETFs. The U.S. Treasury 20+ Year ETF, Brent Oil Fund, and Japanese Yen Long ETF fell up to 0.65%. On the gaining side, the Nasdaq-100 ETF rose 0.63%, Gold ETF up 0.73%, and Emerging Markets ETF gained 0.18%, while the S&P 500 ETF and Barclays U.S. Convertible Bond ETF each rose 0.13%.

This week at the All In conference, major world model developers including Yann LeCun's AMI Labs and Fei-Fei Li's World Labs demonstrated secrecy around their commercialization strategies. Michael Rabbatt, co-founder and VP of World Models at AMI Labs, declined to detail the company's product plans, stating "We're still in a research and building phase, so we're not talking publicly about any product plans or timeline." Even data suppliers are left in the dark; Alex de Vigan, CEO of Physicl, tol

According to Scope, Greece's credit rating was upgraded to BBB+ from BBB today (September 18).

On Friday, September 18, U.S. industry ETFs posted mixed results. Utilities ETF declined 1.42%, Biotechnology ETF fell 1.21%, and Internet stocks ETF dropped 1.19%. In gainers, Global technology stocks ETF rose 0.79%, Technology sector ETF advanced 0.82%, and Semiconductor ETF surged 2.21%.