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
12:01
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Three Brazil-Based Crypto Exchanges Adjust Operations as PSAV Authorization Deadline Approaches

According to ChainCatcher, three major crypto exchanges operating in Brazil have adjusted their business operations as the Central Bank of Brazil enforces its virtual asset service provider (PSAV) authorization system. Digitra has halted trading services and decided against applying for PSAV authorization, effectively exiting the market. Coinext announced it would orderly wind down its crypto trading operations due to failure to meet minimum capital requirements. Bitso transferred its Brazilian
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12:01
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LAPTOP Token FDV Prediction on Polymarket Surges to 77% Probability, Up 27% in 24 Hours

According to PPP's market prediction tool, the probability that LAPTOP's fully diluted valuation (FDV) will exceed $100 million one day after launch on Polymarket has climbed to 77%, up 27% in the past 24 hours. The probability of FDV exceeding $50 million rose to 87%, up 37% in 24 hours. LAPTOP, a meme coin themed around Hunter Biden's "laptop" incident, is set to launch on Coinbase's Base network on September 9, according to The Wall Street Journal.
MEME-0.08%
12:01
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Circle's USDC Becomes Chelsea FC Main Shirt Sponsor for 2026-27 Season

According to Odaily, Circle (USDC issuer) became Chelsea FC's main shirt sponsor for the 2026-27 season. The exact sponsorship amount was not disclosed. The move has raised concerns among Hong Kong fans and retailers regarding potential violations of the city's regulations on unauthorized stablecoin promotion. Hong Kong's Financial Secretary clarified that unauthorized stablecoin marketing is prohibited, and whether an action constitutes active promotion depends on specific circumstances, includ
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USDC0.01%
11:59
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Japanese Yen Hits Six-Month High of 152.89 on Tuesday, Up for Fifth Consecutive Day

According to Saxo Bank analysts, on Tuesday morning the Japanese yen reached 152.89 against the U.S. dollar, a six-month high, before retracing some gains. The analysts noted this is the most sustained yen rally in over a year, now in its fifth consecutive day. The dollar is approaching its yearly low of 152.10, with less than a week remaining until potential breakout above 160.00 levels.
11:57
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Garrett Jin Closes 7,000 ZEC Short Position, Incurring $19.32M Floating Loss

According to ChainCatcher, Garrett Jin, the proxy of the "1011 insider whale," just reduced his ZEC short position by closing out approximately 7,000 ZEC. His remaining 3x leveraged ZEC position stands at 32,759.57 ZEC, valued at approximately $38.26 million, with a current floating loss of $19.32 million.
11:56
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European Retail Investors Prefer Domestic Investments Over U.S., ING Survey Shows 38% vs 14%

According to ING's survey data reported by Jin10 on September 8, European retail investors prefer domestic investments despite pessimism about the region's economic outlook. The survey found that 38% of respondents favor investing in Europe, compared to just 14% who prefer U.S. investments. ING's chief economist Marieke Blom noted that despite negative sentiment surrounding Europe's economic prospects, a significant portion of Europeans prefer deploying capital domestically. The Stoxx Europe 600
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11:50
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Intel Already Processing 1M+ Wafers With ASML's High NA EUV; Samsung and TSMC to Follow

According to Stocktwits, Intel and ASML announced on Monday a deepened multiyear collaboration on High NA EUV lithography technology. Intel has already processed over one million wafers using the technology in high-volume manufacturing, including production of Core Ultra Series 3 processors. Samsung plans to introduce High NA EUV into DRAM manufacturing by 2028, while TSMC expects to adopt the technology for advanced-node production starting in 2030 as AI-driven chip designs become more complex.
11:48
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Chinese President Xi Calls UK PM Burnham; Discusses Strategic Partnership, Cooperation

According to Jin10, on the evening of September 8, Chinese President Xi Jinping spoke by phone with UK Prime Minister Burnham. Xi congratulated Burnham on his appointment and emphasized that China and the UK are comprehensive strategic partners. Despite different political systems and national conditions, the two countries share greater common interests than differences and should advance mutual respect, trust, and seek common ground while setting aside disagreements. Xi noted that during China'
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11:47
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Bybit Alpha Launches OTC Token Trading; OTC Hits $0.025 With $16.6M Market Cap

Bybit Alpha has launched trading for $OTC, a Solana-based token. OTC is currently trading at approximately $0.025 on-chain, with a market capitalization of $16.6 million. The token can be burned to mint OTC Desk NFTs, which provide holders with access to tokenized stocks, pre-IPO assets, and revenue distributions.
SOL-1.96%
11:47
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South Korea Plans More Nuclear Reactors as AI and Chip Production Raise Power Demand by 25-30GW

According to Climate and Energy Environment Minister Moon Sung-hwan, South Korea's government plans to update its long-term energy roadmap next month, extending the planning horizon to 2040 and considering new nuclear reactor construction. The move comes as artificial intelligence data centers and chip production expansions by Samsung Electronics and SK Hynix are expected to significantly increase electricity demand, with AI development alone driving an additional 25-30GW in power needs.