Gate Crypto Flash News and Market Updates

According to CNBC, the Automotive Innovation Alliance (AAI) urged Congress on September 3 to pass legislation permanently banning Chinese connected vehicles and related hardware and software imports before January 3, 2027. AAI chair John Bozzella stated that Chinese automakers, backed by government subsidies, are dumping connected software and hardware-equipped vehicles globally. He emphasized the need to establish the ban as law before the current congressional session ends to counter China's s

According to Financial Times, U.S. Trade Representative Greir said the coordination between the UK and EU presents an obstacle to a U.S.-UK trade deal.

According to Korea Exchange, on September 4, KOSPI closed at 6579.48, up 0.26%, but intraday volatility surged as the index swung 240 points between a high of 6682.97 and a low of 6439.39. The sharp swing reflected mounting headwinds: U.S. Federal Reserve Chair Kevin Walsh's Jackson Hole speech raised September rate hike probability to 57% from 35%, while Middle East tensions between the U.S. and Iran lifted WTI crude oil to $85.76 per barrel, up 2.83% in one day. Analysts expect KOSPI to trade

According to Coinglass data cited by ChainCatcher, should Bitcoin fall below $76,796, cumulative liquidation strength for long positions on mainstream centralized exchanges would reach $2.935 billion. Conversely, if BTC breaks above $84,776, cumulative liquidation strength for short positions would reach $1.534 billion.

According to Aptos Foundation member Ash Pampati, the team has cleaned up over 50 legacy grant programs and incentive initiatives over the past 9 months. Pampati noted that with Aptos mainnet approaching four years of operation, the foundation aims to focus future efforts on key growth opportunities in partnership and the broader crypto ecosystem, with details to be announced later.

According to SoSoValue data, Ethereum spot ETFs recorded total net inflows of $141 million on September 3 (US Eastern time). BlackRock's ETHA ETF led with single-day net inflows of $72.07 million, bringing its cumulative net inflows to $1.28 billion. Fidelity's FETH followed with $65.11 million in daily inflows ($232.5 million cumulative), while Grayscale's ETHE saw $6.07 million in outflows. Overall, Ethereum spot ETFs have accumulated $1.32 billion in net inflows to date, representing 5.21% of

According to CoinMarketCap, Bitfinex Securities listed five tokenized notes on September 2, tracking Strategy, Strategy's STRC preferred stock, Metaplanet, H100 Group and Capital B shares. The tokenized notes are available for trading against U.S. dollars, Tether's USDT stablecoin and Bitcoin, providing eligible non-U.S. investors with blockchain-based exposure to Bitcoin-linked companies. The listing demonstrates the expanding use of tokenization to connect traditional equity markets with digit

According to SoSoValue data, Bitcoin spot ETFs recorded net inflows of $731 million yesterday (September 3, U.S. Eastern Time). BlackRock's IBIT led inflows with $454 million, bringing its historical cumulative net inflows to $63.94 billion.

According to Ark Invest Tracker, Ark Invest reduced its position in Brera Holdings by 10,853 shares (approximately $42,000) yesterday (September 3). The divestment was tracked by the Ark Invest monitoring platform, which follows Cathie Wood's investment moves.

According to Alibaba Cloud, Qwen Office crossed 30 million users one month after launch, with more than half being enterprise users. The product maintained rapid iteration, completing 120 version updates in one month—averaging 4 updates daily—and launched its international version. Qwen Office open-sourced MyContext, an enterprise context infrastructure that converts heterogeneous data into Agent-callable contexts. The project gained over 3,000 GitHub stars within weeks of release.

According to Odaily, Micron plans large-scale equipment investment by end of 2026 to ramp up HBM4 production capacity, aiming to add as much as 60,000 wafers per month. Industry sources cited by Korea's ETNews indicate Micron will own approximately 100,000 wafers per month in HBM capacity by year-end, more than double its prior annual output of 40,000-50,000 wafers per month.

According to BlockBeats, on September 4, HYPE's largest long holder maintained 1.38 million HYPE tokens worth approximately $120 million at a 5x leverage, with a floating profit of $66.8 million and a return rate of 626%. The whale had already withdrawn approximately $22 million in net gains from HyperCore while maintaining full upside exposure. At current price around $87.1 per HYPE token, its liquidation price stands at $67.67, approximately 22.31% below the current level. Even if the position

On September 2, the State Council State-owned Assets Supervision and Administration Commission (SASAC) and Chinese Academy of Sciences jointly opened a talent training program for China's deep ocean and deep earth sectors. SASAC Vice Chairman Tan Zuojun emphasized strengthening collaboration between central enterprises and research institutions to accelerate high-level talent cultivation and address key challenges in the industry. He called for advancing fundamental technology breakthroughs, dee

According to American Automobile Association data, U.S. diesel prices reached a record high of $5.78 per gallon on Thursday, exceeding the previous peak set during Russia's 2022 invasion of Ukraine. Since the escalation of U.S.-Iran tensions in February, diesel prices have surged 53%, driven by sustained crude oil gains and refining bottlenecks. Brent crude oil closed Thursday at $95.52 per barrel, having risen 20% since August 4. U.S. unleaded gasoline also climbed to an average of $4.14 per ga

According to Jin10, Jonathan Kearns, a former Reserve Bank of Australia (RBA) official, predicted on September 4 that the central bank will likely raise rates again later this month, with property prices expected to fall around 10%. Kearns stated he is "quite confident" the RBA will hike in September. He anticipates that once rates reach 4.6%—the highest level in nearly 15 years—monetary policy will be sufficiently restrictive to slow economic growth and bring persistent high inflation back to t

According to Jin10 Data, South Korea's President Lee Jae-myung's approval rating fell to a record low of 40% on September 4, declining 2 percentage points from the previous week's survey released by Gallup Korea on Friday. Support among voters in their 20s dropped further to 25%, down 6 percentage points from 31% the previous week. Lee announced a large-scale cabinet reshuffle on Sunday involving multiple ministers in finance, land, justice, and defense, aiming to regain policy momentum and halt

According to GMGN data, on September 4, MEME token on Robinhood Chain reached a market cap of $11.2 million, surging over 600x in 24 hours with $7.8 million in trading volume. The token is paired with tokenized stock AMC, competing with another Robinhood stock meme project CINEMA.

According to Onchain Lens monitoring, Fireblocks custody wallet (9Ryc...G4xfCxk) transferred $22.45 million in USD1, the Trump-backed stablecoin, to Binance. This marks the second such deposit; the custody wallet had previously transferred $66 million in USD1 to the exchange.

According to XRP Ledger, the network's Automated Market Maker (AMM) amendment has reached 80% validator consensus, initiating the required activation window for native AMM functionality. The amendment does not become fully active immediately; it begins a holding period during which validator support must remain sufficient for enablement to proceed, per the platform's governance design. The native AMM capability would enable users to trade through liquidity pools rather than traditional order boo

According to JPMorgan Chase's September 2 investor call notes, Nvidia issued FY28 revenue guidance of 70% growth, constrained by supply rather than demand. If supply were sufficient, the company could achieve over 100% growth. Inference has become the largest and expanding segment of data center operations. Eighteen months ago, inference and training were roughly evenly split; inference now exceeds training and will continue rising. New cloud startups account for over 50% of AI infrastructure de