Gate Crypto Flash News and Market Updates

According to Morgan Stanley, SpaceX and Nvidia are targeting Q4 2027 for a space-optimized Vera Rubin NVL72 system launch to support orbital data centers. The brokerage forecasts orbital compute will generate over 80% of SpaceX's launch revenue beginning in 2032, with a projected $3.5 trillion in annual revenue by 2040 requiring eight pads operating two launches per day. Morgan Stanley estimates 4.9 gigawatts of computing capacity by 2027, below SpaceX's internal target of nearly 10 gigawatts. S

According to Jin10 Futures, as of 4 p.m. on September 1, the CFETS-NEX market-wide yuan funding sentiment index stood at 46, down 1 point from 2:30 p.m. Large banks, mid-size banks, and non-bank institutions reported sentiment indices of 45, 47, and 45 respectively, each declining 1 point. The index ranges from 0 to 100, with 50 representing equilibrium and readings above 50 indicating funding tension.

According to Greeks.live on September 1, even if Strategy restarts its Bitcoin purchases, the move would provide only short-term market stimulus and fail to alter BTC's longer-term trend. While Strategy has greater room to increase holdings after gains, Bitcoin ETF flows remain net negative overall, making it difficult for BTC to maintain a $80,000 level amid persistent selling pressure. Macroeconomic headwinds from the Federal Reserve's hawkish stance and escalating U.S.-Iran tensions continue

According to ChainCatcher, Balancer announced today that its team discovered a vulnerability in the legacy Balancer V1 contract that could allow LP funds to be drained. The affected pools are deprecated and cannot be paused. Balancer recommends users withdraw their funds proportionally via legacy.balancer.fi. Other Balancer products are not affected.

A federal judge has recently dismissed all claims against Solana Labs and the Solana Foundation in a Pumpfun class action lawsuit. The court ruled that memecoins $FRED and $GRIFFAIN do not qualify as securities, clearing major players within the Solana ecosystem of legal liability and establishing regulatory clarity on token classification within the blockchain network.

According to Coinbase CEO Brian Armstrong, tokenized assets could reshape financial markets much as the iPhone enabled tech companies like Uber and TikTok, with immediate benefits including global access, better utility, and around-the-clock trading. Armstrong made the case earlier this week on X. Japan's financial regulators and major financial institutions are planning to study blockchain infrastructure for real-time settlement of stocks and bonds, with a strategy targeted by early 2027 and po

According to people familiar with the matter who told the Wall Street Journal on Monday, 1789 Capital, the investment firm where Donald Trump Jr. is a partner, is investing approximately $300 million in Polymarket, a blockchain-based prediction market platform. The investment is part of a $1 billion funding round that values Polymarket at $21 billion. This brings 1789 Capital's total investment in Polymarket to about $500 million, making it one of the platform's largest backers.

According to Dow Jones, Daiwa Securities economist Kento Minami said on September 1 that Japan's second-quarter GDP growth could be revised up to 0.4% quarter-over-quarter, or 1.6% annualized, from an initial estimate of 0.3% (1.1% annualized). The upward revision is driven by stronger-than-expected corporate capital expenditure reported by Japan's Finance Ministry. The revised figures will be released on September 8.

According to Jin10, gold prices held below $4,500 per ounce on September 1 as rising expectations for U.S. Federal Reserve rate hikes dampened demand. Hawkish remarks by Fed Chair Powell at the Jackson Hole conference and higher oil prices fueled investor bets on near-term rate increases. Analysts at Australia and New Zealand Banking Group noted that the shift in market sentiment may temporarily stem inflows into gold markets.

Eurozone manufacturing PMI came in at 52.7 in August, according to S&P Global preliminary data, falling short of the 52.8 forecast and matching the previous month's 52.8 reading.

According to Shanghai Gold Exchange, on September 1, the exchange released intraday trading data showing delayed compensation fee directions: Au(T+D) longs pay shorts, Ag(T+D) shorts pay longs. Trading sessions covered August 31, 8:00 p.m. to September 1, 2:30 a.m., and September 1, 9:00 a.m. to 3:30 p.m.

According to Odaily, USD/JPY breaks above 160.0 to 160.002 today, up 0.2% in 24 hours, according to Gate data.

According to Jin10, one-year CNH HIBOR rose to 1.67061% on September 1, marking the highest level since August 19. Most maturities across the offshore renminbi Hong Kong Interbank Offered Rate showed gains, while overnight HIBOR held flat at 1.38152%, one-week HIBOR declined slightly to 1.40364%, and two-week HIBOR rose to 1.43788%.

According to Youngpoong and MBK Partners on September 1, 6.9 billion KRW from a private equity fund backed by Koryozhc was invested in three unlisted entertainment companies, with 6.5 billion KRW facing uncertain principal recovery. The fund provided 4 billion KRW in convertible bonds to Hihyet and Slingshot, which are now in complete equity deficit. Arc Media, which received 2.9 billion KRW, saw revenues collapse from 141.8 billion KRW in 2022 to 28.9 billion KRW in 2025, complicating recovery

According to iM Securities analyst Kim Myung-shil, South Korea's government confirmed on September 1 that net issuance of national bonds for 2027 will total 96.3 trillion won, down 13.1 trillion won from 2026. Total bond issuance is projected at 222.8 trillion won, a decline of only 2.9 trillion won, as redemption-related issuance is expected to surge to 110.7 trillion won. Kim noted that the real market focus will shift to December's detailed issuance guidance. iM Securities expects the long-te

According to Yonhapinfomax, South Korea's bond market experienced significant volatility on September 1, with 30-year government bond yields surging up to 14.8 basis points in a single session. The sharp decline in bond prices was driven by three factors: the release of next year's budget plan, rising global long-term rates, and supply pressures ahead of a 30-year debt auction. Separately, Japan's 10-year government bond yield reached 3.00%, marking the highest level since 1996.

According to Deutsche Bank Research Institute analyst Luke Templeman on August 31, U.S. sovereign debt poses a greater structural risk than near-term interest rate policy decisions. The U.S. Congressional Budget Office projects the nation's public debt-to-GDP ratio will climb from approximately 100% currently to 120% by 2036. Templeman stated that while markets focus on Federal Reserve policy signals, the real concern outlined by Fed Chair Kevin Wash—"trends matter most"—refers to long-term gove

According to Yonhap Infomax, on September 1, Daeshin Securities (AA- rated) received subscription orders of 15.9 trillion Korean won for its 1.5 trillion won corporate bond issuance, exceeding the target by more than tenfold. The two-year tranche raised 700 billion won with orders of 8.2 trillion won, while the three-year tranche raised 800 billion won with orders of 7.7 trillion won. The proceeds will be used entirely to repay existing debt, including 1.5 trillion won in commercial paper maturi

Germany's August manufacturing PMI came in at 54.3 in its final reading, revised upward from an initial estimate of 54.1.

According to BlockBeats and DeFiLlama data, Robinhood Chain's daily trading volume reached $1.43 billion on September 1, marking the fifth consecutive day of record highs and ranking second only to Solana. Robinhood Chain's 24-hour network revenue reached approximately $1.92 million over the same period, surpassing Ethereum ($111,000), Solana ($907,000), BSC ($495,000), and Base ($984,000) combined—about 5.5 times their collective revenue. The chain's 24-hour fees totaled approximately $2.13 mil