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
11:29

Morgan Stanley Upgrades Robinhood Rating to Buy, Raises Target Price to $150 on September 1

According to Morgan Stanley on September 1, the bank upgraded Robinhood from Hold to Buy and raised its price target from $124 to $150, representing approximately 43% upside from Monday's close. The analyst noted that while the market recognizes Robinhood's new product launches and market expansion, the monetization potential of its existing 28 million users remains underestimated. Predictions Market and other new initiatives are driving higher assets per user, trading activity, and revenue gene
More
11:29

Polymarket CLARITY Act Odds Slashed to 13-14% from 82%, Senate Vote Set for September 15

According to Polymarket data, the CLARITY Act prediction-market contract's odds of passage in 2026 collapsed from 82% in February to 13-14% by early August. The Senate is scheduled for a procedural cloture vote on September 15 on the legislation, which would grant the CFTC exclusive authority over spot digital-commodity markets while the SEC oversees securities-classified tokens. The bill requires 60 votes to advance; Republicans hold 53 seats and need seven Democratic crossovers. Kalshi data sh
More
11:29

Ripple Labs Becomes Largest Position in NYSE-Listed C1 Fund at 17.5% in Q2 2026

C1 Fund Inc. (NYSE: CFND) disclosed its Q2 2026 holdings in July 2026, revealing Ripple Labs as its largest position at 17.5% of net assets, surpassing Payward (Kraken's parent company) at 16.9%. The fund's Ripple stake generated 150% in returns over four months, according to the fund's official disclosure, which partly credits the gains to Ripple's own share repurchase program.
11:22

Artificial Inu Hits $213M Market Cap on Robinhood Chain, Up 110% in 24 Hours

According to GMGN data via BlockBeats, Artificial Inu (AI) token on Robinhood chain hit $213 million in market cap on September 1, marking an all-time high. The token was trading at $206 million at the time of reporting, with 24-hour gains exceeding 110% and 24-hour trading volume of $33.4 million.
11:19

InBody Stock Soars 86.56% YTD as Obesity Drug Boom Drives Body Composition Demand

According to Korea Exchange, InBody stock rose 86.56% year-to-date, closing at 61,100 KRW on September 1 compared to 32,750 KRW on December 30, 2025. The surge was driven by strong first-half earnings, with operating profit jumping 76.9% to 30.76 billion KRW, while overseas sales accounted for 87% of total revenue. The rise reflects growing demand for body composition analysis as GLP-1 obesity treatment drugs gain adoption. Since these medications can reduce muscle along with fat—comprising 25–4
More
11:17

$1 Trillion Investment-Grade Bonds Trade Above Credit Rating Spreads on September 1

According to Bloomberg, on September 1, approximately $1 trillion in investment-grade corporate bonds are trading at wider spreads than their credit ratings justify, with roughly $580 billion in the U.S. and $400 billion in Europe, all with remaining maturities exceeding three years. Despite the overall investment-grade index maintaining spreads near 25-year lows, individual securities show significant misalignment: certain single-A rated bonds now trade at spreads wider than BBB curve levels, a
More
11:17

Saudi Arabia Plans to Issue Two Islamic Bonds; Orders Exceed $9B

According to Jin10, on September 1, Saudi Arabia plans to issue two tranches of dollar-denominated Islamic bonds with maturities of 5 and 10 years to boost borrowing amid economic pressures. The bond offering received subscription orders exceeding $9 billion, excluding lead underwriter subscriptions. The 5-year tranche is priced at approximately 100 basis points above U.S. Treasury yields, while the 10-year tranche is priced at around 110 basis points. Final issuance size and pricing details are
More
11:14

Binance Wallet Launches Third SOON Airdrop Round on September 1, Claims of 166 Tokens for 250 Alpha Points

Binance Wallet announced the third round of SOON airdrop on September 1, with users holding at least 250 Binance Alpha Points able to claim 166 SOON tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming consumes 15 Alpha Points and requires confirmation on the Alpha Events page within 24 hours; otherwise, the claim is forfeited.
11:13

John Ternus Becomes Apple CEO on Tuesday Amid AI Challenges and Memory Crisis

According to CNBC, John Ternus officially becomes Apple CEO on Tuesday, Sept. 2, succeeding Tim Cook after 25 years with the company. The 51-year-old hardware veteran takes the helm as Apple faces intensifying pressures from a global memory shortage driving up component costs, while the company has yet to fully execute its artificial intelligence strategy. Cook transitions to executive chairman and will remain involved in policy matters. Ternus will make his debut as CEO at Apple's annual produc
More
11:13

Meme Coin Fable Rallies Over 4x in 10 Minutes on Robinhood Chain, Market Cap at $1.5M

According to BlockBeats citing GMGN data, on September 1, Meme coin fable on Robinhood Chain rallied over 4x from a low of $4.524 million market cap, reaching $2.25 million before settling at $1.5 million. The recovery followed a sharp 90% crash triggered by creator Kevin Ngo's announcement that his account had been compromised, just after the token's market cap briefly exceeded $10 million.
MEME-0.26%
11:10

Chinese Premier Li Qiang Meets U.S.-China Business Council Delegation on September 1

According to Xinhua News Agency, Chinese Premier Li Qiang met with a delegation from the U.S.-China Business Council (USCBC) led by Chairman John McCain at the Great Hall of the People in Beijing on September 1 afternoon. Li stated that China is willing to work with the U.S. to strengthen dialogue, expand mutually beneficial cooperation, and build a constructive strategic stable relationship, noting that both countries have maintained overall stable relations and achieved important consensus dur
More
11:07

KOSDAQ Surges 15.91% in August, Marking Highest Monthly Gain Since 1996

According to the Korean Exchange, the KOSDAQ index surged 15.91% in August, marking the highest monthly gain since 1996. The gain significantly outpaced the KOSPI, which rose only 3.40% in the same period, resulting in an outperformance of 12.51 percentage points. However, trading volumes declined sharply to just 38.3% of May levels, raising concerns about market sustainability, as the rally appears driven more by thin order books than robust fund inflows.
11:04

OneRail Launches OmniStar AI Platform With Nvidia, Cuts Delivery Routing Time to 2.5 Minutes

According to CNBC, logistics company OneRail recently launched OmniStar, an AI platform developed with Nvidia to help retailers optimize last-mile delivery decisions at scale. The platform evaluates all delivery options for each order and identifies the most efficient routing, reducing decision time from 20 minutes to 2.5 minutes using Nvidia's AI software and proprietary data from OneRail's network of over 12 million drivers and 1,000 logistics partners. A large tire distributor customer achiev
More
11:01

FRONT Price Drops 14.53% in 15 Minutes as Market Sentiment Shifts

FRONT's price fell 14.53% in the last 15 minutes, now trading at $0.014118, according to current market data. Over the past 24 hours, the token has declined 14.75% from $0.016519, with market capitalization falling to $1,270,614. Trading volume remains low at $54.58, reflecting thin liquidity in the token's current market environment.
11:01

South Korea Raises Childbirth Support Payments to 10 Million Won, Increases Civil Servant Salaries 3.9% Starting July 2027

According to MBN, starting from July 2027, South Korea will increase childbirth support payments and raise civil servant salaries. First-time parents will receive 10 million won, second-time parents 12 million won, and families with three or more children will receive 15 million won—up to 20 million won with regional incentives. Civil servant salaries will rise 3.9%, the largest increase in 16 years, with entry-level grade 9 monthly salaries targeting 3 million won by 2027.