Gate Crypto Flash News and Market Updates

According to Jin10, during a closed-door meeting on Tuesday, Trump urged U.S. refiners to increase domestic gasoline and diesel production, aiming to lower gas prices for Americans. He inquired with industry executives about capacity expansion and discussed regulatory reforms and additional investments. Refinery executives argued that federal biofuel blending mandates and alternative fuel quotas are pushing up retail gasoline prices, and questioned the government's record-setting blending target

According to Gavin Baker in a recent a16z Podcast episode, Nvidia has built a comprehensive moat extending far beyond chip design. Baker emphasized that CEO Jensen Huang has created an integrated advantage spanning supply chain control, hardware, ecosystem, and financing mechanisms that would be extremely difficult for competitors to replicate. Baker highlighted that Nvidia currently offers nine chip varieties including accelerators, CPUs, Ethernet switches, two GPU types, and InfiniBand, formin

According to an iM Securities report, South Korea's average daily exports in August reached $4.47 billion, up 72.5% year-over-year and marking the second-highest on record. Meanwhile, capital investment surged 24.9% year-over-year in August, with equipment investment maintaining double-digit growth momentum in the third quarter as semiconductor exports remain robust. August trade surplus reached $34.75 billion, marking the third consecutive month above $30 billion. According to analyst Park Sang

On Tuesday, Jim Cramer said CNBC's Investing Club is adopting a defensive posture as oil prices and interest rates surge amid geopolitical tensions. West Texas Intermediate crude jumped 5% to above $90 per barrel following U.S. military strikes against Iranian targets near the Strait of Hormuz after attacks on oil tankers. Cramer's Charitable Trust raised its cash position to 15%, which he described as "extremely high." The fund exited its Corning position entirely and trimmed Broadcom to increa

According to South Korea's tax authority, the government will begin taxing cryptocurrency investment gains from Jan. 1, 2027, with a 22% tax rate (including 2% local tax) applied to annual gains exceeding 2.5 million Korean won. However, the framework contains significant gaps less than four months before implementation. The current income tax law classifies crypto gains as miscellaneous income subject to separate taxation and does not allow losses from one year to offset profits in the next yea

According to AIG/PWC, Australia's manufacturing performance index came in at -16.6 in August, improving from -19.6 in July.

South Korea's Consumer Price Index (CPI) reached 3.1% on a year-on-year basis in August, exceeding the prior month's 2.8% and coming in slightly below the forecasted 3.2%.

South Korea's consumer price index rose 0.2% month-over-month in August, falling short of the 0.3% expectation and reversing the previous month's 0.2% decline.

According to BizWatch, Macquarie Asset Management and Align Partners are in dispute over the public acquisition price of South Korean web hosting and cloud company Gavia since July 20. Macquarie's investment vehicle DCK Investment is bidding 48,000 KRW per share, while Align Partners, the company's third-largest shareholder with 14.29% stake, values Gavia at 65,400-79,900 KRW per share. The core disagreement centers on valuation of Gavia's listed subsidiary KINX, a data center and internet infra

Australia's AIG construction performance index improved to -6.9 in August from -40.6 in July, signaling a substantial recovery in the construction sector's activity.

According to blockchain intelligence firm TRM Labs, 32 price manipulation attacks were recorded in 2026, exceeding the total for any previous full year—compared to 12 in 2025. These attacks now account for roughly one-eighth of hacking incidents, up from one-seventeenth in 2022. DeFiLlama data shows total value locked in crypto collateralized lending protocols has grown approximately 56% over the past two years, nearing $50 billion, with active loan volume close to $29 billion across over 570 le

According to President Putin, Ukrainian military operations over the past 40 days since June have caused damage equivalent to approximately 1% of Russia's GDP. The Russian president, speaking to reporters in Bishkek, Kyrgyzstan, stated that roughly 100 ships were damaged during the operations.

Kakao Mobility is pursuing a U.S. American Depositary Receipt (ADR) listing to facilitate the exit of existing financial investors including TPG, according to Yonhap Infomax. The company has engaged Bank of America, Morgan Stanley, and UBS as underwriters for the process. Rather than issuing new shares, the listing structure will involve the sale of existing investor stakes to American investors, with no dilution to Kakao's ownership stake. TPG has held investments in Kakao Mobility exceeding 50

According to Shinhan Investment & Securities, on September 2, the firm upgraded Hana Financial Group's (086790) target price from 150,000 won to 160,000 won, citing improved earnings and capital ratios from won appreciation against the dollar. Q3 net profit attributable to shareholders is forecast at 1.3008 trillion won, up 14.9% year-over-year and beating market consensus by 5.3%. The analyst expects foreign exchange gains of approximately 150 billion won in Q3 as the won-dollar rate fell below

According to the U.S. Embassy in Qatar, on the evening of September 1, the mission issued a security alert warning American citizens of heightened tensions in the Middle East and the potential for unforeseen escalation. The embassy advised U.S. citizens in the region to remain vigilant and monitor potential flight cancellations, airspace closures, and travel disruptions. Those planning travel to and from the Middle East were urged to closely follow airport and airline operational updates.

According to CNBC, Palo Alto Networks (NASDAQ: PANW) reported Q4 FY2027 revenue of $3.41 billion on September 1, up 34% year-over-year and surpassing market consensus of $3.35 billion. Adjusted earnings per share came in at $1.02, exceeding analyst expectations of $0.98. The company attributed strong results to growing demand for AI-powered cybersecurity solutions amid rising agentic AI threats. CEO Nikesh Arora characterized AI threats as a long-term growth driver rather than a temporary phenom

New Zealand's building permits year-on-year growth rate fell to 10.1% in July, down from 32.1% in the previous month.

According to White House Deputy Press Secretary Tyler Rogers, on September 2, the White House held a closed-door meeting with oil executives including Chevron and Marathon Petroleum to discuss expanding refining capacity. Rogers stated that President Trump has made clear his desire to see lower gas prices, and these refiners expressed the same goal. Regarding Venezuelan crude oil agreements, Rogers confirmed that low-cost Venezuelan crude has already begun shipping to Texas and Louisiana and wil

According to Reuters, the U.S. House of Representatives passed a temporary spending bill on September 1 with an overwhelming 370-48 vote, extending federal funding through December 11. The Senate had already approved the measure on August 8, and the bill will now proceed to President Trump for signature. The temporary appropriation allows Congress to avoid a government shutdown before the November 3 midterm election and delay full-year budget negotiations until after the election results.

According to Business Insider, Goldman Sachs CEO David Solomon said Monday (August 31) at the G20 Summit in North Carolina that artificial intelligence could drive significant productivity growth as the technology is adopted by enterprises and consumers. While acknowledging geopolitical tensions and tariff policies pose potential risks, Solomon expressed overall optimism about the U.S. economic outlook, citing strong investment cycles and corporate profit growth as key drivers of market and econ