Gate Crypto Flash News and Market Updates

According to research reports this week, Meta's artificial intelligence investments are beginning to show tangible results. Bernstein found that AI is driving Meta's advertising business, with ad revenue increasing 27% year-over-year through July 30, while Google's ad network growth fell 1% over the same period. Meta captured two percentage points of market share, the largest year-over-year gain among major digital ad platforms, and Bernstein suggested Meta could surpass Google Search as the wor

According to CNBC, GoPro announced on Tuesday a definitive merger with Starman Optical, a private photonics company, to expand into AI data center and defense markets. Shares surged 38% following the announcement. As part of the deal, GoPro shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on Nasdaq. The company's $92 million debt will be repaid at closing.

According to Bloomberg, the Bloomberg Electric Vehicle Price Return Index declined 1.50% to 3,444.68 points at the close of trading on Tuesday, Sept 1. The index has been under pressure throughout the Asia-Pacific morning session.

According to Iran's Health Ministry, multiple people, including a child, were killed and over 50 residents injured in a strike on Kohgiluye village in Hormozgan Province recently. The attack also disrupted electricity and telephone services in the area.

According to Jin10, U.S. 10-year Treasury yields hit 4.8% on Sept. 2, marking the highest level since 2025, as traders built bullish positions hedging against further bond declines amid concerns over budget deficits and inflation. A $6.5 million position opened on Monday targets 30-year yields at 5.7% by end-November, while CME data shows additional positions covering scenarios of 10-year yields rising to approximately 4.85% and 5-year yields to 4.6% in coming weeks. Nedgroup Investments fixed i

Chainlink has launched DataLink, a service providing continuous 24/7 foreign exchange data for major and emerging market currencies, including the Indian Rupee. The service supplies bid, offer, and mid-rates for multiple currency pairs, supporting traders and on-chain applications requiring uninterrupted FX data access. India's FX market sees daily OTC turnover exceeding $120 billion, highlighting the demand for reliable, around-the-clock pricing data to support risk management and trading activ

According to Russian Foreign Ministry spokesperson Maria Zakharova on September 1, Russia will respond to Germany's decision to close the Russian consulate in Bonn. German Foreign Minister Annalena Baerbock and Interior Minister Nancy Faeser announced the closure scheduled for September 18, citing Russia's responsibility for an August drone attack attempt at Leipzig Airport in eastern Germany. Berlin will also strengthen border checks for Russian citizens and increase pressure on Russia's shadow

According to U.S. Central Command, American forces launched strikes against Iranian Islamic Revolutionary Guard Corps targets in Hormuzgan Province on September 1 local time, killing 2 and injuring multiple others. The deputy governor of Hormuzgan Province stated that a wedding ceremony in Sirri City was hit during the attack. The U.S. military began operations at 12:00 p.m. Eastern Time on September 1.

On September 1, U.S. Treasury yields moved higher during New York trading. The 2-year yield rose 5.20 basis points to 4.3936%, marking the session high. The 10-year yield increased 4.61 basis points to 4.7961%, while the 30-year yield climbed 2.64 basis points to 5.2687%. The 2/10-year Treasury spread narrowed 1.386 basis points to +39.836 basis points.

On August 31, Donald Trump said U.S. interest rates are too high, yet markets are pricing a 60% probability of a September Fed rate hike as of September 1. According to Polymarket, a 25-basis-point increase was at 56.5% at 12:05 UTC on September 1, with repricing lifting odds to around 60% by write time. CME FedWatch showed 60.4% on August 31, while fed funds futures put the probability above 66%. The contradiction reflects a policy collision: Trump, who appointed Fed chair Kevin Warsh, has said

According to ChainCatcher, Anthropic released Claude Fable 5.1 and Claude Mythos 5.1 on September 1, marking the first update to the model series since Fable 5 launched in June. On Terminal-Bench-Science 0.1, Fable 5.1 achieved a 52.6% pass rate, more than doubling Fable 5's 24.7% and surpassing Opus 5's 29%. On Terminal-Bench 4, Fable 5.1 scored 55.8% versus Fable 5's 42% and Opus 5's 52.3%. Pricing for Fable 5.1 is set at $10 per million input tokens and $50 per million output tokens, with cac

According to The Block investigation, Crossmint's token checkout product allows Fomo and Robinhood Wallet users to purchase memecoins using credit cards through Apple Pay or Google Pay without completing know-your-customer verification, while earning standard card rewards. The transactions are classified under merchant category code (MCC) 5815, covering digital art and music, sidestepping Visa and Mastercard rules that require cryptocurrency purchases to use MCC 6012 or 6051 with special crypto

U.S. Deputy Treasury Secretary Erin Brown stated recently that if the G20 finance ministers fail to reach consensus on a joint communique, the United States will issue a separate statement reflecting American priorities.

According to U.S. assessment, Iran plans to expand attacks on merchant ships transiting the Strait of Hormuz. U.S. military strike targets are aimed at Iranian weapons and military equipment being transferred through the strait, sources said.

According to Jin10, Iran's armed forces launched missiles and drones against U.S. military bases and interests in the region on September 1, according to a statement by Iranian authorities. The Iranian military's General Staff stated the strikes were in response to U.S. air strikes on targets in Sistan-Baluchestan and Hormozgan provinces. The U.S. Central Command confirmed it conducted strikes against Islamic Revolutionary Guard Corps targets in Iran on September 1 at 12 p.m. EDT. No casualties

On Tuesday, September 1, the ICE U.S. Dollar Index rose 0.26% to 99.682 during New York close trading, with an intraday range of 99.353 to 99.722 points. The Bloomberg Dollar Index also advanced 0.18% to 1,198.27 points, trading between 1,195.18 and 1,198.80 during the day.

According to Bloomberg commodity index data, on Tuesday, September 1, CBOT agricultural futures posted broad gains in New York afternoon trading. The Bloomberg Grain Index climbed 1.60% to 35.9045 points, approaching its June 18, 2024 close of 36.0675 points. CBOT soybean futures surged 2.41% to $13.1850 per bushel, soybean oil advanced 2.11%, and corn rose 1.44% to $5.4550 per bushel. Wheat futures gained 0.73% to $7.81 per bushel. The grain index has accumulated a 17.01% gain since August 11.

According to Iranian Mehr News Agency, Iran's new air defense system shot down a U.S. drone for the first time tonight (September 1).

Wells Fargo, led by chief equity strategist Ohsung Kwon, became the second major bank this week to warn of caution on U.S. stocks amid growing concerns over the sustainability of artificial intelligence investment. As markets enter September, historically one of the weakest-performing months, the bank cited mid-term election uncertainties and heightened investor anxiety regarding capital spending on AI infrastructure. Despite the recent August selloff, the bank noted that sentiment indicators re

According to Al Jazeera, U.S. officials stated that ongoing strikes targeting locations within Iran continue, with a formal announcement of the operation's conclusion to follow upon completion.