Gate Crypto Flash News and Market Updates

According to KB Securities, on September 9, the KOSPI is likely forming a W-shaped bottom rather than a V-shaped rebound following sharp declines, according to analysis of historical price movements when the index fell more than 25%. Analyst Yi Eun-taek's research found that most large declines were followed by W-shaped rebounds, with intervals between the first and second lows typically lasting one to three months. V-shaped rebounds remain rare, historically occurring only during special circum

Spot gold rose 1% during intraday trading on September 9, reaching $4,398.91 per ounce.

According to Aave, the savings app is now available in early access, allowing users to bypass the waitlist using a Ghost Pass. The announcement, shared on the official Aave Twitter account, marks a key step to enhance user engagement in decentralized finance. The early access launch aims to streamline access to Aave's savings features and strengthen the protocol's competitive position in the DeFi sector.

Jaguar Land Rover announced on September 7 plans to cut around 4,000 jobs over the next two years, representing roughly 10% of its 43,000-strong global workforce. The restructuring aims to generate £1.7 billion in savings after the company's revenue fell 20.9% to £22.9 billion for the year ended March 2026, while profit before tax collapsed to £14 million from £2.5 billion a year earlier. JLR cited US tariffs, weaker conditions in China and production disruption caused by a 2025 cyberattack as k

According to Fitch, South Korea's fiscal performance under its 2027 budget will exceed prior expectations, with the government debt-to-GDP ratio declining to 48.3% from the agency's previous forecast of 51.7%. The agency also expects the consolidated fiscal balance to record a 1.9% surplus relative to GDP, significantly improving from current projections. Fitch noted that the Future Response Fund will help mitigate fiscal revenue volatility and that strategic investments in semiconductors and ar

According to a social media post on Tuesday, legendary short seller Jim Chanos challenged Nvidia CEO Jensen Huang after Huang described the company's compute as "fungible, durable and highly rentable" and a "productive, revenue-generating asset." Chanos questioned why Nvidia doesn't rent out chips itself or raise prices if they are truly scarce and productive. He clarified his skepticism was directed at third-party companies buying Nvidia hardware to rent it out, arguing Nvidia should capture mo

According to PANews, Binance integrated United Stables (U) to Robinhood Chain on September 9, with deposits and withdrawals for the token now enabled on the network.

According to DigitalDaily, Shinhan Investment sold off half of its 40 billion won loan to IMM Investment's April Bio acquisition finance on August 19, just 27 days after initially providing the credit facility. The Seoul-based investment bank sold 15 billion won of the loan debt to IBK Capital and 4.99 billion won to SBI Savings Bank on August 19, retaining approximately 20 billion won of the original 40 billion won facility. The sell-down strategy allows Shinhan to recover capital quickly for r

According to Korean Economic TV, ahead of Apple's first foldable iPhone launch, domestic component stocks experienced significant volatility yesterday, with BH and Deoksan Neo-Lux each falling 8.1%, while Fine M-Tek dropped 12.9%. However, analysts caution against excessive optimism: the foldable iPhone is expected to represent only 5% of Apple's annual iPhone sales, or roughly one in twenty devices. Securities firms identify BH and Deoksan Neo-Lux as primary beneficiaries, as BH supplies flexib

According to Ukrainian officials, Russian forces have recently launched strikes targeting port infrastructure in Mykolaiv. The attacks reportedly involve Shahed-type drones, missiles, and other munitions aimed at degrading Ukraine's maritime logistics and export capabilities. The port facility has faced repeated assaults since Russia's 2022 invasion.

According to Crypto News AU, Bitcoin fell 1.64% this week, trading at $78,649 after reaching a high of $82,103 just days ago. Meanwhile, Strive purchased another 1,375 BTC for $109 million at an average price of $79,281 per coin, bringing its total holdings to 24,531 coins. In contrast, Strategy paused its Bitcoin purchases and instead spent $176 million repurchasing its own STRC preferred shares, doubling the buyback program authorization to $2 billion. Strategy held 845,050 BTC and $6.5 billio

According to recent reports, the United States has only 36% of its Patriot missile interceptors remaining, leading to delays for allied nations relying on these systems. Ukraine, heavily dependent on Patriot systems for defense against Russian ballistic missile attacks, is among those affected. The reported depletion highlights increasing strain on air-defense resources amid ongoing military operations and the prolonged Russia-Ukraine conflict.

According to CryptoQuant, short-term holder whales' unrealised profit reached a record $9.07 billion on September 4, the highest reading since the on-chain analytics firm began tracking the metric in 2016. The figure eased to $7.51 billion by September 5 as Bitcoin slipped, though still ranking among the five highest on record, all set in the past two weeks. CryptoQuant noted the cohort is historically the fastest to take profit when available, warning that a record paper gain could turn into se

According to TRON DAO, Trust Wallet now supports Tronify energy rentals, enabling users to access TRON network resources needed for decentralized application interactions on September 8. The integration allows users to rent energy instead of acquiring additional TRX, potentially reducing transaction costs and simplifying access to blockchain resources. The service is designed to streamline resource management for frequent dApp users and lower barriers to TRON ecosystem participation.

Gemini announced that its subsidiary, Gemini Digital Payments Singapore Pte. Ltd., has received a Major Payment Institution license from Singapore's Monetary Authority of Singapore (MAS). The license enables the company to provide digital payment token services and facilitate cross-border money transfers, allowing Gemini to expand its offerings for both retail and institutional customers in Singapore.

According to Foresight News, Solana ecosystem meme token USELESS surged to a market capitalization of $300 million, with a 24-hour gain of 29.4%, according to GMGN data.

According to JPMorgan Chase strategists, the U.S. Treasury's $39 billion 10-year bond auction on Wednesday (September 9) may require price concessions to successfully attract demand. The bank stated in a report that declining support from both fundamental valuations and technical factors suggests larger price concessions will likely be needed. Tradeweb data showed 10-year U.S. Treasury yields dipped 1.2 basis points to 4.790% during Asian trading.

According to the Houthi movement, Saudi warplanes conducted 32 airstrikes on multiple regions in Yemen's Marib, Jawf, and Taiz provinces on September 9, according to reporting by Jin10.

According to the Israeli Defense Force, on Tuesday, the Israeli Defense Force and Israeli Security Agency conducted precision strikes across multiple areas in Gaza.

According to CoinDesk, Grayscale's Zcash spot ETF (ZCSH) surpassed $500 million in assets under management two weeks after launch on August 25, holding over 550,000 ZEC coins representing approximately 3% of ZEC's circulating supply. The fund has attracted over $70 million in inflows and received a $100 million investment from DCG International Investments. ZEC surged over 4% on the day and reached a peak above $1,180, with 24-hour trading volume around $1 billion. The cryptocurrency climbed to