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
06:19
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Trump Pledges $5,000 Cash Per American if Republicans Win Midterms, Adding Uncertainty Ahead of 30-Year Treasury Auction

According to Jin10, on September 10, Trump pledged to distribute $5,000 to every American if Republicans win the midterm elections, injecting new uncertainty into the U.S. bond market ahead of a 30-year Treasury auction. The commitment reignited concerns over fiscal discipline and policy unpredictability. Trump provided no details, and analysts view the proposal as unlikely to become law. The announcement comes as 30-year Treasury yields approach the highest levels since the 2008 financial crisi
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06:16
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Traditional Trust Firms Reject Offshore Trusts for Crypto Wealthy Amid Fund Verification Concerns

According to Financial Times, traditional trust firms are increasingly rejecting offshore trust arrangements for cryptocurrency-wealthy individuals, citing concerns over fund source verification, money laundering risks, asset price volatility, and private key custody liabilities. Specialized digital asset trust institutions are beginning to capture this market segment by employing on-chain analysis and enhanced compliance screening, though most mainstream trustees remain cautious about potential
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06:15
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Shenzhen Unveils Plans to Deepen Hong Kong Financial Cooperation Through 8 Cross-Border Mechanisms

According to Jin10, Shenzhen Vice Director of Local Financial Administration Zhu Jiang said today (September 10) at the 2026 Financial Institution Annual Conference that the city aims to leverage major policy platforms in Qianhai and Hetao to advance Hong Kong-Shenzhen financial collaboration. Specific focus areas include cross-border RMB settlement, cross-border clearing, and wealth management connect programs. Zhu noted that eight interconnection mechanisms are currently operational between Sh
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06:09
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DeepSeek Launches V4.1 Flash Model Today, Reduces KV Cache Needs to 1/4 of Prior Version

According to Guru Club, DeepSeek officially launched its new V4.1 Flash model today (Sept 10). The smallest model in the company's new architecture series features native multimodal vision understanding capabilities. The model significantly reduces KV Cache buffer size, cutting HBM (high bandwidth memory) requirements to 1/4 and SSD requirements to 1/8 compared to the previous generation, substantially lowering inference costs for Agent-based tasks where cache hits represent a major expense comp
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06:07
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South Korean Semiconductor Equipment ETFs Surge Over 30% in One Month, Outpacing Chip Giants

According to ETF Check, as of September 9, South Korean semiconductor-related ETFs dominated the one-month performance rankings, with equipment-focused products surging ahead of broad-based chip ETFs. The KIWOOM K-Semiconductor North America Supply Chain ETF led with a 32.72% gain, followed by the KODEX AI Semiconductor Core Equipment ETF (31.29%) and SOL Semiconductor Front-End Process ETF (29.88%). Equipment manufacturers HPSP and Joosung Engineering surged 48.88% and 45.88% respectively over
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06:06
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Robinhood Chain Meme Token WALLET Surges to $50M, Up 57% in 24 Hours

According to ChainCatcher citing GMGN data, Robinhood Chain's Meme token WALLET surged to $50 million in market cap in 24 hours, up 57%, marking a new all-time high. The token currently trades at $46.88 million. On-chain researchers identified potential fund flow connections between WALLET-related wallets and those associated with Robinhood co-founder Vlad Tenev, fueling speculation of insider involvement, though no official confirmation has been provided. WALLET exhibits high price volatility a
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06:04
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Binance to Delist Stablecoin USDP on September 24, Terminates Related Services

According to Binance's official announcement, the exchange will delist Pax Dollar (USDP) spot trading pairs effective September 24, 2026 at 03:00 UTC. The delisting includes discontinuation of Trading Bots, Spot Copy Trading, Convert, and Gift Card services. USDP deposits will stop being credited after September 25 at 03:00 UTC, while withdrawals remain supported until November 24 at 03:00 UTC. Various modules including Simple Earn, Margin, and Pay will be phased out or undergo forced liquidatio
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06:02
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Consensys to Split Into MetaMask and Institutional Business by End of 2026

According to its official announcement, Consensys plans to split into two independent companies by the end of 2026: MetaMask will focus on consumer financial services including payments, savings and investing, while the new Consensys will concentrate on Ethereum protocols and infrastructure for institutional customers. Joe Lubin will serve as chairman and CEO of MetaMask, with Mike Kriak leading the institutional infrastructure business. MetaMask has exceeded 100 million downloads and supported
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ETH-0.57%
LINEA-1.95%
05:50
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Trump Administration Targets 10,000 Annual Space Launches by 2035 With New SPACE Task Force

On Wednesday, Transportation Secretary Sean Duffy announced the formation of the SPACE Task Force, aimed at accelerating commercial-space growth and targeting 10,000 FAA-licensed launches and reentries annually by 2035. The task force will coordinate policy across the Department of Transportation and implement President Trump's National Space Transportation Policy, with mandates including faster permitting, expanded infrastructure, and better airspace integration. Meanwhile, SpaceX is reportedly
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05:45
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BOJ Board Member Eyes Rate Decision Based on Yen Strength, Commodity Prices Next Week

According to Bank of Japan board member Masaaki Shirakawa, the central bank will comprehensively review currency and commodity price movements ahead of next week's monetary policy meeting to determine interest rate policy. Shirakawa cited rising yen strength, elevated oil prices, and climbing global food prices as key factors the BOJ will assess in its decision-making process.
05:44
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South Korea's KIC Shifts to Strategic Sovereign Fund Model with 20 Trillion Won Investment Target

According to Yonhapnewsplus, South Korea's Korea Investment Corporation (KIC) announced today a strategic transformation from a savings-focused sovereign fund to a strategic fund focused on domestic industries. The government has set an investment target of at least 20 trillion won for the new strategic investment account, with amendments to the KIC Act planned for later this year. KIC President Park Il-young stated that the fund will serve as a catalyst for attracting global capital to Korea wh
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05:43
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Korean Investment & Securities Lowers H2 KRW/USD Forecast to 1,380 from 1,420 on Sept 10

According to Korean Investment & Securities, the firm revised down its H2 2026 average KRW/USD forecast to 1,380 won on September 10, lowering it by 40 won from the previous 1,420 won estimate. The brokerage expects Q3 and Q4 average rates at 1,410 won and 1,350 won respectively, and narrowed the year-end fair-value range to 1,280–1,420 won from the prior 1,340–1,520 won range. The firm noted that short-term volatility could push rates into the 1,200 won range, citing sustained dollar selling pr
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