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
09:31

Europe's Stock Market Falls to One-Month Low on Wednesday Amid Bond Selloff and Middle East Tensions

According to Jin10, Europe's stock market fell to one-month lows on Wednesday as global bond markets faced broad selloffs amid escalating Middle East tensions. The Stoxx Europe 600 index dropped 0.3% intraday, with the retail sector leading declines at 1.5%. Brent crude oil rose above $95 per barrel, intensifying inflation concerns. The selloff followed fresh U.S.-Iran strikes overnight, marking their most severe escalation in weeks. With Europe heavily reliant on energy imports, sustained regio
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09:30

South Korea's FX Swap Points Fall Across All Tenors on September 2, 1-Year Down 0.80 KRW

According to Yonhap Infomax, South Korea's foreign exchange swap points declined across all tenors on September 2. The 1-year maturity FX swap point fell 0.80 Korean won from opening to close at -9.30 won, with 6-month, 3-month, and 1-month maturities declining by 0.50 won, 0.20 won, and 0.10 won respectively. Asset swap sales in the 6-month and longer segments drove the decline in swap points, according to a swap dealer at a local bank.
09:30

U.S. Retailers Trim Product Lines by Up to 25% Amid Rising Tariffs and Costs

According to Wall Street Journal on September 2, U.S. retailers are cutting product varieties to manage surging import duties, transportation, and storage costs. A survey by the British Standards Institution found that roughly one-quarter of American companies plan to reduce product offerings within the next six months. Athletic apparel maker Under Armour has already slashed over 25% of its product portfolio over the past two years, focusing resources on best-selling items.
09:28

Dutch PM Meets Macron on September 2 to Discuss Ukraine, Middle East, Defense Cooperation

According to Jin10, Dutch Prime Minister Rob Yeeten met with French President Emmanuel Macron in Eindhoven on September 2 to discuss Ukraine, the Middle East, economic cooperation, and defense matters. The two leaders also reviewed bilateral relations and European technology industry development. Following the talks, they will attend a tech roundtable with representatives from French and Dutch technology companies.
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09:27

New Zealand's Southwest Struck by Two Earthquakes, Magnitudes 5.5 and 5.6 on September 2

According to New Zealand's geological agency, on September 2, the country's southwestern region experienced consecutive earthquakes. The first 5.5-magnitude quake struck northeast of Milford Sound at Beijing time 14:13, with a depth of 5 kilometers. A second 5.6-magnitude earthquake followed at 14:57 in the same area, approximately 35 kilometers northeast of Milford Sound, also with a 5-kilometer depth.
09:26

Korean Short-Term Bond Funds Attract 648B Won Inflows Amid Rate Hikes

According to F&Guide data released today, Korean bond funds saw sharply divergent flows over the past month as the central bank raised rates. Short-term bond funds received 648 billion Korean won in inflows while government bond funds saw 625.5 billion won in outflows. Over the past three months, short-term bond funds posted returns of 0.80%, compared to a loss of 1.69% for government bond funds. The shift reflects investor caution on duration risk, as longer-dated bonds face greater price volat
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09:25

South Korean Battery ETFs Surge Over 45% in Past Month Amid AI Data Center Demand

According to Koscom ETF Check, South Korean battery-related exchange-traded funds surged significantly over the past month as of September 2. TIGER Secondary Battery Top 10 Leverage climbed 45.88% in the one-month period, while KODEX Secondary Battery Industry Leverage gained 38.99%, each ranking among the top performers in domestic ETF markets over the past week. The rally stems from growing demand for energy storage systems driven by artificial intelligence data center expansion. As semiconduc
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09:25

South Korea's NXT Exchange Reaches Nearly 40% Off-Market Trading Share in 18 Months

According to NXT, South Korea's first alternative stock exchange reached cumulative trading volume of 5.3 quadrillion won as of the end of August, just 18 months after launch in March 2024. The exchange now lists over 600 securities, up from 10 at inception. Off-market trading—comprising 21.2% pre-market and 17.6% after-market transactions—accounts for 38.8% of total volume. Daily average trading reached approximately 15 trillion won, positioning NXT as a major market alongside the Korea Exchang
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09:25

Meta's $18B Settlement Clears Legal Path for AI Product Launches, Morgan Stanley Says

According to Morgan Stanley, Meta's $18 billion settlement with U.S. state attorneys general, reached on Aug. 26, lifts a legal overhang that could clear the way for new AI product launches. Meta agreed to implement platform changes for users under 18, including a two-hour daily usage limit and enhanced age verification. The company will pay the settlement over ten years and book a $10 billion legal charge in Q3 2026. Meta is set to release its consumer AI agent Hatch in early September, which w
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09:25

Foreign Investors Accumulate Leveraged ETFs While Selling Korean Stocks, $1.95T Won Net Sales in Week

According to Korea Exchange data, over the past week through September 1, foreign investors aggressively accumulated leveraged ETFs, with 6 of the top 10 ETF net purchases being leveraged products. Single-stock leveraged ETFs saw the strongest inflows, led by KODEX SK Hynix Leverage at 73.1 billion won net purchases (rank 1), followed by TIGER SK Hynix Leverage (36.9B won, rank 3) and leveraged products tracking Samsung Electronics and the KOSPI 200 index rounding out the top positions. KODEX Le
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09:25

Base Launches Creator Grant Program Offering Up to $4,000 Per Creator

According to Base's official announcement on September 2, the platform launched a creator grant program providing up to $4,000 in funding for independent creators producing content about Base and its ecosystem. Eligible applicants include writers of in-depth articles and posts, livestreamers, video creators, and educators creating content in local languages. Beyond the maximum $4,000 grant, selected creators will receive ecosystem project resources, promotional exposure via Base's official accou
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09:23

Musk Predicts AI Could Drive Global Economic Growth of 20-30%, Adds $20-30 Trillion Annually

According to ChainCatcher, Elon Musk predicted on Tuesday at the G20 Summit that AI could drive global economic growth of 20-30%, adding $20-30 trillion in annual output. He also forecast that within the next decade, global humanoid robots could reach one billion units, with output at least five times higher than humans. Meanwhile, SpaceX is accelerating AI investments. The company's AI business revenue reached $2.6 billion in Q2, up 247% year-over-year, with $15.8 billion invested in AI infrast
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09:19

South Korea's KOSPI and KOSDAQ Fall on Oil Price Surge and Rate Hike Concerns

According to Maeil Business Newspaper, South Korea's KOSPI and KOSDAQ indices fell sharply on September 2 amid surging international oil prices and growing expectations of U.S. Federal Reserve rate hikes. Samsung Electronics declined 4.02% to 250,500 won, while SK Hynix dropped 4.73% to 1,613,000 won. KOSDAQ fell 2.10% to 803.98 points. Foreign investors and institutional investors sold a combined 3.95 trillion won in net terms, outpacing retail buying of 2.30 trillion won. Oil prices rose after
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09:16

Ethereum Whale Clears 1,673 ETH at $2,392, Pockets $817K Profit in Fourth Consecutive Win

According to on-chain analyst Ai, address 0x806…904aa liquidated 1,673 ETH at an average price of $2,392 two minutes ago for approximately $4 million. The address purchased the ETH two weeks ago at a cost basis of $1,903.05, resulting in a profit of $817,000 on this trade. Since July, the address has completed four consecutive wave trades with a perfect win rate, accumulating total profits of approximately $1.05 million.
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