Gate Crypto Flash News and Market Updates

According to Jin10, a Chinese Communist Party delegation led by Liu Haixi, head of the International Liaison Department of the Central Committee of the Communist Party of China, visited Uzbekistan and Azerbaijan from September 5 to 8. The delegation met with Uzbekistan's President Mirziyoyev, leaders of the Senate and parliament, and ruling party officials, as well as Azerbaijan's Prime Minister Asadov and deputy chairman of the New Azerbaijan Party Budagov. The team also participated in symposi

According to Lido's official announcement, Lido launched the 0x02 CSM testnet, providing Ethereum node operators with a permissionless and capital-efficient way to run 2048-ETH validators. The testnet enables node operators to enhance their validator operations and manage their setups more efficiently, supporting the continued scaling of the Ethereum network.

According to European Commission meeting minutes, the EU Oil Coordinating Group stated today that the bloc faces no urgent concerns regarding oil supply security. Geopolitical tensions in the Middle East continue to drive price volatility in crude oil and petroleum products, particularly aviation fuel and diesel. The group noted that European demand for these fuels is currently met through increased output from EU refineries and alternative supplies from global markets.

Qualcomm's CFO stated the company expects to become the largest chip supplier in the automotive industry next year (2027).

According to Semafor, Saudi Arabia's Public Investment Fund (PIF) will meet with several Wall Street companies this week.

According to ChainCatcher, DBS and Citi's New York office completed a cross-border USD payment between Singapore and the US on September 5 weekend using Swift Digital Ledger's tokenized deposits. The transaction was executed over the weekend and took only minutes, compared to the traditional cross-border payment process which typically requires up to two business days. This marks the second confirmed real-time application of the ledger, following HSBC and Standard Chartered's tokenized deposit c

According to analyst Serenity on X, Elite Semiconductor Memory Technology (ESMT) is expected to see significant price increases in storage chips over coming months, potentially mirroring strong performance seen in memory sector peers. Based on July figures, ESMT recorded monthly net profit of approximately $111 million with a market valuation of around $2.8 billion, suggesting substantial revaluation potential. Serenity forecasts DDR2 chip prices, currently around $0.96 per unit, could triple in

On September 9, Hong Kong's Securities and Futures Commission added 'Kong Kong Fund/Kong Kong Coin Issuing Limited' to its blacklist of unlicensed companies. The entity falsely claimed to have a Hong Kong address and provided Hong Kong phone numbers while conducting unlicensed activities and targeting Hong Kong investors without proper licensing or registration under the Securities and Futures Ordinance. The SFC prohibited the company from engaging in any regulated activities in Hong Kong or act

According to Bitcoin News, CoinCorner has launched Vault in partnership with AnchorWatch, offering UK customers a multi-institutional bitcoin custody service backed by Lloyd's of London insurance. Both CoinCorner and AnchorWatch hold separate keys to customer bitcoin deposits, with neither party able to unilaterally transfer assets. All bitcoin deposits are covered by insurance protection.

On Tuesday, Sept 8, UK gilt yields showed mixed movements across the curve. Two-year gilts rose 1.8 basis points to 4.590%, while 10-year yields fell slightly by 0.2 basis points to 5.173%, trading between 5.147% and 5.206% during the session. The 2/10-year curve flattened by 2.029 basis points to plus 58.199 basis points. Longer-dated gilts declined, with 30-year yields down 1.1 basis points to 5.807% and 50-year yields falling 1.5 basis points to 5.369%, reflecting a steepening trend at the lo

Spot gold declined 0.5% during the trading day, reaching $4,383.94 per ounce.

According to DefiLlama, Binance Smart Chain's decentralized exchange trading volume reached $1.327 billion in the past 24 hours, surpassing Ethereum at $1.3 billion and ranking third globally behind Solana at $2.872 billion and Robinhood Chain at $1.512 billion.

According to AP and Reuters, U.S. stock indices fell on Sept. 8 as investors returned from the Labor Day weekend, with the Dow Jones Industrial Average losing roughly 540 points (down 1%) to 52,870, the S&P 500 trading near 7,707 (down 0.2%), and the Nasdaq Composite near 26,507 (down 0.3%). The early weakness followed Friday's stronger-than-expected jobs report showing 162,000 positions added, which increased market expectations for a Federal Reserve rate increase at its Sept. 15-16 meeting. Th

According to Yahoo Finance, GoPro shares surged 183% in five trading sessions, from $0.5999 on August 28 to $1.70 on September 4, 2026, after the action-camera maker announced a $285 million merger with optical components manufacturer Starman Optical. The combined entity will remain publicly listed. On September 8, the stock retreated 12.4% to $1.489 in late morning trading in New York. Existing GoPro shareholders will retain 10% of the combined company, while Starman Optical holders will own 90

U.S. Strategic Petroleum Reserve crude oil inventories declined by approximately 1.2 million barrels last week, falling to 285.4 million barrels, marking the lowest level since 1982.

According to Hyperliquid, the platform launched USELESS perpetual contracts with up to 3x leverage on September 9 in response to community demand. The platform noted that contract listings do not constitute endorsement and advised users to understand associated risks before trading.

Canadian Prime Minister Carney said today that Canada is now stronger, more united, more resolute, and more ambitious than it was 18 months ago when the United States initiated the trade war. "We are more powerful," Carney stated, emphasizing Canada's improved position amid ongoing trade tensions.

According to GMGN, PONS, the native token for the Robinhood Chain token issuance platform, broke $830 million in market cap with a 10.89% surge in the past hour on September 9.

On September 8, AstraZeneca announced that its experimental COPD treatment tozorakimab achieved primary endpoints in late-stage trials, reducing moderate-to-severe acute exacerbations by 29-34% across patient populations. The drug is administered via injection every four weeks and demonstrated favorable safety tolerability. The company raised its peak annual sales forecast for tozorakimab to over $5 billion, with FDA priority review expected to yield U.S. approval in the first quarter of 2027. R

According to Roundtable 100 analysts, PayPal Holdings (Nasdaq: PYPL) moved up 56 spots in the weekly power ranking list this week, now ranking at No. 4. The fintech company, with a market capitalization of $45.71 billion, saw analysts raise its Leadership and Innovation scores, driving the largest weekly move on the board.