Gate Crypto Flash News and Market Updates

According to Washington Post, President Trump recently gave $45,000 in cash to each of three White House employees, including administrative assistant Natalie Harp.

According to SEC filings, ARK Venture Fund's advisor ARK Investment Management LLC submitted a second amended exemption request on September 9, seeking regulatory approval to add two new share classes to its existing multi-class structure. The first is an Exchange Class to be listed on national securities exchanges. The second is a Tokenized Class to be recorded via distributed ledger technology and traded on registered alternative trading systems or quotation systems. The exemption would also a

According to Bloomberg, on September 9, fintech startup Ramp is in early talks to raise approximately $1 billion, targeting a valuation of around $60 billion. If the deal closes, the company's valuation will increase about 36% from the previous $44 billion in just three months. The fundraising discussions are ongoing and terms may change. Ramp provides expense management, payment processing, and AI fraud detection services for enterprises. In June, the company completed a $750 million funding ro

According to Tether CEO Paolo Ardoino, Tether's P2P technology team is developing a decentralized, censorship-resistant search engine called Unstoppable Search Engine. The architecture supports horizontal scaling across thousands of distributed nodes and employs fault-tolerant structures for data self-organization to maintain high availability. In current testing, the team has successfully distributed a complete Wikipedia archive across 100 nodes, achieving millisecond-level retrieval performanc

According to LME data, copper futures touched a historic high of $14,533 per ton on September 7, surpassing January's previous record. Copper prices are up 17% year-to-date and 47% over the past 12 months. The surge is driven by structural demand growth from AI data centers, renewable energy infrastructure, and electric vehicle adoption, alongside constrained global supply due to declining ore grades and production disruptions at major mines. Goldman Sachs projects a global copper supply deficit

According to Reuters, on September 9, tech companies including OpenAI are leveraging Patagonia's abundant renewable energy and shale gas resources to build massive data centers in Argentina. OpenAI previously announced a partnership with local firm Sur Energy to invest up to $25 billion in a clean energy data center with 500-megawatt capacity. Meanwhile, Pampa Energia plans to construct a data center adjacent to its Loma de la Lata power station in Neuquen province, targeting up to 500 megawatt

According to BlockBeats, Block filed an application with the U.S. Comptroller of the Currency (OCC) today to establish Builders Bank & Trust, an uninsured federal trust bank. The bank will provide custody and fiduciary services for Bitcoin and stablecoins.

According to official announcement on September 9, Velodrome announced a merger of its community with Aerodrome to coordinate with Aero's launch. The Velodrome Discord server will be consolidated to retain only essential channels, with all community activities transferring to the Aero Discord server. VELO token trading on Binance is set to halt this week. The Aero public audit competition is scheduled to conclude on September 21.

According to bond market reports, Kim Jin-il, member of the Bank of Korea's Monetary Policy Committee, stated on September 9 that monetary policy should closely monitor demand-side inflation pressures and their persistence. During a meeting with global investors as part of the central bank's "Macro Trip" engagement program, Kim emphasized the need to pay attention to financial stability indicators alongside inflation trends. Kim highlighted that the Financial Vulnerability Index (FVI), which tra

According to Pivotal Research Group analyst Jeffrey Blodarcyzk on September 8, the investment firm initiated a "Buy" rating on SpaceX with a $220 price target. The analyst noted that SpaceX's current $2 trillion valuation hinges on whether the company can solve Starship's reusability challenge, enabling 20-50 reuses per vehicle. If successful, launch costs could fall to ground cargo transport levels, unlocking significant market opportunities.

According to Reuters, the 10-year U.S. Treasury has delivered rolling returns of negative 2% over the past decade, marking its worst performance in over 100 years. As of September 9, the 10-year yield approached 5%, with U.S. federal government debt exceeding $40 trillion and the fiscal deficit at around 6% of GDP. The U.S. nominal economic growth rate stands at approximately 6%, the unemployment rate at 4.1%, and inflation has remained above the Federal Reserve's 2% target for nearly six consec

According to BlockBeats, on September 9, the on-chain supply of BNC4 reached approximately 984,523 tokens about 22-23 hours after launch, with a market value of $5.83 million and 24-hour trading volume of $229 million, according to BscScan data. BNC stock rallied 50.43% to $5.25 on September 8, while on-chain BNC4 traded at $5.91, maintaining a 12.57% premium over the stock price based on BIT exchange data.

According to Yonhap News, South Korea's Defense Minister An Kyou-baek will visit Croatia on Wednesday (September 10) to discuss bilateral defense relations with senior officials and attend a ceremony marking a South Korean rocket artillery export agreement.

According to China's National Bureau of Statistics, the country's Producer Price Index (PPI) rose 3.8% year-over-year in August, with the increase expanding 0.3 percentage points compared to July. Coal mining and washing led gains at 26.6%, followed by nonferrous metal smelting at 20.8%, while crude oil extraction and petroleum refining rose 10.5% and 11.1% respectively. These industries contributed approximately 4.24 percentage points to the overall PPI increase.

According to Reuters, on September 9, OpenAI CFO Sarah Friar announced that the company is expanding artificial intelligence into chip design, life sciences, and financial services while exploring outcome-based pricing models. Friar stated that OpenAI completed the design of its Jalapeno chip within nine months using its own model. The company's low-cost Luna model, following an 80% price reduction, saw usage increase approximately tenfold, with Friar noting that the model's cloud deployment cos

According to Reuters, Intel shares surged 9.1% to close at $104.47 on September 8 (local time), with intraday highs reaching $106.09 and market capitalization expanding to $552.1 billion. The gain came amid broader market declines. Year-to-date, the chipmaker has rallied over 140%, with analysts citing multiple growth catalysts including the Terafab project participation, anticipated CPU price increases, and rising AI data center demand. Northland Securities upgraded Intel's investment rating to

According to Bloomberg, Forus, a US-based healthcare automation startup, raised $150 million in a Series C round led by Bain Capital Ventures on September 8, valuing the company at $3 billion. The AI software platform helps patients access prescribed medications faster by managing insurance coverage, financial assistance, and pharmacy coordination. The latest financing brings the company's total funding to over $300 million.

According to China's National Bureau of Statistics, producer prices (PPI) rose 0.4% month-on-month on September 9, reversing from a 0.7% decline last month. International oil and non-ferrous metal price increases drove domestic price gains across multiple sectors, with crude oil extraction, refined petroleum product manufacturing, and organic chemical raw material production prices rising 10.4%, 4.1%, and 0.9% respectively. Non-ferrous metal smelting and rolling processing prices rose 0.8%, with

According to China's National Bureau of Statistics, on September 9, the country's consumer price index (CPI) rose 0.8% year-over-year in September, up 0.3 percentage points from August. Energy prices expanded from a 0.6% increase to 4.1%, contributing approximately 0.28 percentage points to the overall CPI rise. Gasoline prices climbed 9.3%, accounting for the majority of energy price gains.

As of the latest energy futures quotes at 09:30 AM Beijing time on Sept. 9, WTI crude oil futures rose 0.28% while U.S. natural gas futures fell 0.69%.