Gate Crypto Flash News and Market Updates

According to Xinhua, Iran's Economy Ministry established an Economic Warfare Command Center on September 8 to coordinate efforts in addressing war-related economic challenges. The center, led by deputy minister Morteza Zamaniyan, will focus on handling economic impacts on businesses, trade, and financing within the ministry's purview, while coordinating with other government departments to resolve cross-sector issues.

On Monday, September 7, German 10-year government bond yields rose 4.7 basis points to 3.386% during European market close. The 2-year Bund yield climbed 5.6 basis points to 3.005%, with intraday trading ranging from 2.958% to 3.007%; the 30-year yield increased 3.3 basis points to 3.850%. Across the eurozone, French 10-year yields advanced 5.4 basis points to 4.251%, while Italian 10-year yields rose 5.6 basis points to 4.205%. Spanish 10-year yields gained 5.2 basis points to 3.823%, and Greek

According to BlockBeats citing GMGN data, on September 8, LAPTOP Meme coin on BSC surged to a market cap of $13 million approximately 90 minutes after launch before collapsing to $6 million within 3 minutes. The token recorded cumulative trading volume of $15 million during the surge.

According to the Harmony Team on X, Harmony proposed shutting down its blockchain on Sunday, citing threats from AI agents and state actors as too severe to continue operations. The team plans to migrate ONE tokens to Ethereum through a snapshot of final block balances and redirect new token emissions toward an 'AI Video' ecosystem initiative. Users holding assets in smart contracts must exit before September 10, 2026, as multisig safes, liquidity pools, and onchain applications cannot be migrat

According to CoinMarketCap data, today's top 100 cryptocurrencies by market cap showed mixed movements. The five best performers were Pieverse (PIEVERSE) up 20.34% to $1.23, Kaspa (KAS) up 17.30% to $0.03587, Polkadot (DOT) up 13.17% to $1.08, Worldcoin (WLD) up 11.53% to $0.4553, and Injective (INJ) up 10.11% to $5.65.

On September 8, China will release August trade balance, Japan and several European countries will publish July trade balance, while the U.S. will announce the NFIB Small Business Optimism Index and the New York Federal Reserve's 1-year inflation expectations.

According to CoinDesk, on September 8, Bitcoin and gold's 90-day correlation coefficient reached 0.59, the highest level since 2020, as markets grew concerned about fiscal conditions in developed economies. However, Bitcoin appears more "immune" to bond market volatility than gold. BTC's 90-day correlation coefficient with U.S. 10-year Treasury yields stands at -0.17, indicating limited negative impact from rising Treasury yields, compared to gold's -0.41 correlation with the same metric.

According to U.S. Presidential Envoy Witzcoff, on September 7, the U.S. delegation's visits to Russia and Ukraine achieved substantial progress, including advancements in arranging follow-up tripartite talks.

According to Lebanon's Ministry of Public Health emergency operations center, Israeli strikes on southern Lebanon killed 27 and wounded 69 over the past three days, with casualties including children, women, and medical personnel, the organization reported on September 7.

According to PANews, citing financial regulatory authorities, China's central bank and eight related departments issued the Administrative Measures for Online Marketing of Financial Products, which will take effect on September 30, 2026. The regulations do not ban financial product marketing but establish guidelines requiring marketing activities via public accounts, livestreams, and short videos to occur on financial institutions' official platforms or authorized third-party accounts. Crucially

According to vessel tracking data, the Qatari LNG tanker Al Marrouna approached the Strait of Hormuz on Monday, with Pakistan's Karachi port listed as its next destination and expected arrival by Thursday. The vessel was loaded with liquefied natural gas at Qatar in early August. This marks the first visible attempt to transit the critical waterway since July. In May, another Qatari LNG tanker was attacked, after which such voyages became rare.

According to CCTV, on September 7, King Charles III stated that Prince Harry and his wife Meghan will conduct activities in private capacity while in the United Kingdom and will not represent the Royal Family or perform official royal duties. The King reiterated that the couple will not resume their status as senior members of the Royal Family, meaning their activities in the UK will be treated as private arrangements unrelated to official royal affairs.

According to the Houthis, Yemen's armed forces shot down a fourth Saudi CH-4 armed reconnaissance drone in the past 24 hours, with the second such aircraft downed within the previous 12 hours. The drone was conducting hostile operations over Jawf province and was struck down using appropriate weapons.

According to Galaxy Research, Bitcoin's daily transaction count reached 893,391 yesterday (September 6), marking the fourth-highest single-day volume in the asset's history. The figure exceeds Bitcoin's 99th percentile of historical transaction levels.

This week, French far-left presidential candidate Jean-Luc Mélenchon harshly criticized the European Central Bank's interest rate hike, warning it poses a risk to economic growth. Mélenchon proposed canceling a portion of France's government debt held by the ECB, arguing the debt is "essentially what we owe ourselves." Frankfurt policymakers are widely expected to implement a second rate hike to contain inflation, as France faced near-recession in the first half of 2026.

On Monday (September 7), UK gilt yields climbed across the curve during European afternoon trading. The 10-year gilt yield rose 3.9 basis points to 5.172%, while the 2-year yield increased 4.2 basis points to 4.573%. The 30-year and 50-year yields gained 4.2 and 4.9 basis points respectively. The 2/10-year gilt yield spread widened 0.017 basis points to +60.228 basis points.

According to Guru Club, the U.S. Dollar Index fell below 98 on September 7, declining 0.26% intraday.

According to Token Terminal, Aave's v4 deposits on Avalanche have reached $20 million, with the deposit base growing approximately 100% in the past month. Active loans on the platform currently total $5 million, reflecting increasing user engagement with the DeFi protocol on the Avalanche network.

According to KB Securities, memory inventories at SK Hynix and Samsung Electronics fell below 10 days of supply on September 7, as OpenAI's GPT-6 Astra launch reignited investor conviction that AI-driven demand for high-bandwidth memory will sustain through the current chip cycle. SK Hynix surged 8.26% to 1,783,000 won and Samsung rose 5.68% to 270,000 won in Seoul, lifting the Kospi up 4.61% to 6,995.39. Foreign investors net-purchased 2.59 trillion won of Korean equities, while institutional b

According to influencer @SolanaFloor, Solana has reclaimed its position as the leading memecoin trading platform with a 61% market share across all chains, ending Robinhood's two-day dominance in the sector.