Gate Crypto Flash News and Market Updates

According to Coinglass data, Binance saw net outflows of 49.06 million USDT in the past hour.

According to Xinhua News Agency, today (September 4), Bank of China's Inner Mongolia branch released the autonomous region's first AI computing power token loan to the Hohhot and Linggar New Area. The innovation streamlined credit evaluation by incorporating enterprise token usage scale, computing power cooperation orders, core technical qualifications, and scientific research capabilities into core credit metrics, weakening traditional collateral and guarantee requirements. Hohhot currently ope

According to Jin10 data, Saudi Arabia's largest barley buyer, United Group, shifted away from Black Sea suppliers as Russia-Ukraine conflict disrupted grain exports in early summer, with barley prices to the kingdom rising 25% in two months. CEO Abdulaziz Aldharrab said the company sourced about 25% of imports from the Black Sea in the first half of 2026 but is now turning to the European Union and Argentina. United Group expects Argentina to account for around 30% of its procurement this year,

AMC Entertainment CEO Adam Aron criticized Robinhood on Thursday over its tokenized version of AMC stock, calling the unregistered products "contemptible, outrageous, disgusting" in an X post. Aron stated AMC had no connection to the tokens, did not approve or endorse them, and instructed securities counsel to review the matter. Robinhood CEO Vlad Tenev responded with "What's the concern?" The tokens are ERC-20 debt securities issued by Robinhood Assets (Jersey) Limited that provide economic exp

According to Korea Exchange data, while KOSPI surged 58.6% year-to-date through September 4, major South Korean shipbuilders declined significantly. Hanwha Ocean fell 24.3%, HD Hyundai Heavy Industries dropped 13.3%, HD Korea Shipbuilding & Offshore Engineering fell 11.4%, and Samsung Heavy Industries declined 11.3%. From late July through September 4, however, shares reversed course as KOSPI rose 19.55%, with Hanwha Ocean up 9.46% and Samsung Heavy Industries up 4.14%. Analysts attribute the re

According to BlockBeats citing GMGN data, on September 4, MEME token's market capitalization fell below $100 million to $98 million, down more than 35% from its peak of $151 million. MEME is a stock-paired meme token on Robinhood Chain that uses tokenized AMC Entertainment stock as its liquidity pool.

According to Maeil Business Newspaper, South Korea's KOSDAQ market delisting criteria remain stricter despite a six-month reprieve granted by the government. KONEX's daily average trading volume plummeted to 304 million won (September 1-3), down 74.8% compared to 1.206 billion won during the same period last year. KOSDAQ-listed companies facing delisting due to market-cap thresholds are increasingly critical of the policy. Companies argue that market capitalization alone fails to reflect operati

According to an amended registration statement submitted to the U.S. Securities and Exchange Commission on Aug. 19, Canary Capital proposed a Staked TRX ETF set to trade under ticker TRXS. The fund would allow U.S. investors to gain TRX price exposure through standard brokerage accounts while earning staking rewards, with the trust retaining 80% of staking rewards after fees capped at 20%. An annual sponsor fee of 1.10% would apply to the fund's TRX holdings, payable in TRX or cash. BitGo Bank &

According to its official announcement, PancakeSwap recently invited real-world asset (RWA) issuers to quote their assets on the Shared Inventory Hook (SIH) to enhance liquidity and capital efficiency within decentralized finance. The initiative aims to expand asset utilization in the DeFi ecosystem and may attract more participants to the platform.

According to Yonhapinfomax, 1-year FX swap points in South Korea rose 0.10 won to -9.10 won on September 4, following dovish comments from Federal Reserve Governor Christopher Waller. Waller stated that recent economic indicators show signs of disinflation and that he would support a rate hold if this trend continues in data released over the next two weeks. The remarks reduced market pricing for a September rate hike, lifting swap points across multiple tenors, with 6-month and 3-month points r

According to Jin10, the People's Bank of China announced on Sept 4 that it will conduct 500 billion yuan in buy-back style reverse repurchase operations on Sept 7. The operations will have a 3-month (89-day) term, with maturity on December 5, 2026.

According to Citi analyst Beata Manthey on September 4, European cyclical stocks have passed their most difficult phase and now present an attractive entry point. Improving economic data, increased policy support, and rising business activity since summer indicate Europe's economy is moving in the right direction. Policymakers are taking concrete measures to protect industry development, with sectors like automotive and chemicals likely past their toughest stages.

According to Yonhap Infomax, Japan's Nikkei 225 index rose 1.26% (806.46 points) to close at 65,020.94 on September 4, marking its first gain in five trading days. The rally was driven by AI and semiconductor-related stocks, with SoftBank Group surging over 11%, while Advantest and Kioxia each climbed approximately 2% and 6% respectively. IBIDEN also gained over 3%. The index's advance was capped ahead of the U.S. August employment report due later that day. Analysts noted that softer-than-expec

According to GMGN, Solana-based meme token USELESS surged 73.21% in 24 hours, briefly breaking above $260 million market cap before settling at approximately $253 million.

According to Korea Economic Daily, the Korean won strengthened significantly today (September 4), with the USD/KRW exchange rate falling to 1,350.4 won from June's high of 1,561.50 won, representing a 13.5% appreciation. The currency gain is pressuring South Korea's export-dependent sectors. NH Investment & Securities analyst Kim Kyu-jin projects that semiconductor companies will see full-year pre-tax profits decline 2.22% due to won strength reducing export revenue conversion values. Biotech an

According to Oracle's official announcement, the company will report first-quarter fiscal 2027 results on September 10 after market close. The earnings release comes after a fiscal year in which Oracle's workforce declined by approximately 21,000 employees to around 141,000 and free cash flow fell to negative $23.7 billion, driven by capital expenditures of $55.7 billion. The earnings call is scheduled for 4 p.m. Central Time.

According to Nomura Securities, Samsung Electronics and SK Hynix are seriously undervalued as of today (September 4), with the brokerage maintaining buy ratings and target prices of 670,000 Korean won (approximately $490) and 4.7 million won (approximately $3,500) respectively. The Japanese brokerage noted the chipmakers' stock prices have declined roughly 37% from peaks, trading at forward price-to-earnings ratios of approximately 3x, reflecting significant undervaluation. Nomura highlighted th

According to Maeil Business Newspaper, Broadcom reported third-quarter 2026 results on September 3, posting revenue of $29.59 billion and adjusted earnings per share of $3.32, surpassing analyst consensus of $3.24 by 2.5 percent. The company achieved its ninth consecutive quarter of beating EPS expectations, driven by explosive demand for AI semiconductor chips. AI-related chip revenue surged to $16.7 billion, representing a 221 percent year-over-year increase and 54 percent quarter-over-quarter

According to Korea Economic Daily on Sept 4, South Korea's government announced expanded support for its robot industry, raising the 2027 intelligent robot budget to 80.7 billion Korean won—a 42.2% increase from 56.7 billion won in 2026. The Ministry of Trade, Industry and Energy plans to supply 200 domestically-made humanoid robots to universities and research institutes, while allocating 37 billion won for localization of key components including actuators, sensors, and robotic hands. The gove