Gate Crypto Flash News and Market Updates

The U.S. Treasury Department confirmed today that the maximum amount for long-term debt buyback operations is $6 billion.

According to the French National Institute of Statistics and Economic Research (INSEE), France's HICP inflation is forecast to rise from 2.7% in August to 3.1% by December. The institute also revised down its 2026 economic growth forecast to 0.4%, down from the 0.7% projection issued in June.

As of market close on September 10, China's domestic futures main contracts closed broadly higher. Fuel oil and low-sulfur fuel oil surged over 3%, glass rose more than 2%, and asphalt, benzene, soybean meal, soybean 2, and plastic each gained over 1%. Decliners included iron ore and 20-grade rubber, both down over 1%, and rubber down nearly 1%.

According to the International Monetary Fund, global economic growth is forecast to reach approximately 3% in 2026, though significant risks remain elevated.

According to the White House, President Trump announced on September 10 that the U.S. will issue $500 refund checks to nearly 1 million Americans who were overcharged under the Affordable Care Act.

Bitcoin fell for the fourth consecutive trading day on September 10, declining 2.1% to touch $76,663.54 during New York morning trading. Rising Middle East tensions pushed international oil prices above $105 per barrel this week, while August's Producer Price Index (PPI) data—showing 0.4% monthly and 5.4% annual growth—failed to ease Federal Reserve rate hike expectations, pressuring risk assets including cryptocurrencies and equities. Bitcoin has struggled to hold above the $80,000 level, which

According to the Blockchain Association, members met with 12 House Ways and Means offices today (September 10) to discuss Rep. Jason Smith's digital asset tax package. The initiative aims to establish clear and workable tax policies that support consumers, businesses, and U.S. innovation.

According to Bitcoin Magazine, White House crypto advisor Patrick Witt expressed optimism on September 10 regarding progress on the Clarity Act. "I feel pretty good about where we are on it," Witt said, referring to efforts to address concerns raised by the legislation.

According to ChainCatcher, Hyperliquid's largest long position swung from profit to loss overnight as markets declined today. The address holding $233 million in long positions now shows an unrealized loss of approximately $3.39 million. The position includes 1,400 BTC worth $110 million with $1.94 million in losses, and 50,000 ETH worth $123 million with $1.45 million in losses, both opened since August 28.

European Commission President Ursula von der Leyen will disclose details regarding the postponement of a social media policy proposal in her speech next week.

According to ICE data, raw sugar futures reached 18.73 cents per pound on September 10 at 6:25 PM Beijing time, marking a 17-month high and gaining 1.79% intraday. The surge was driven by strong Indian import demand and delays in Brazil's sugar crushing operations. Since India opened its import quota, sugar mills have applied to import nearly 800,000 tons of raw sugar, representing approximately 80% of the total quota. Raw sugar prices have surged roughly 30% this year as global market condition

According to an announcement on September 10, Coinbase and Moov partnered to enable more than 1,000 community banks and credit unions to offer stablecoin payment acceptance, settlement, and real-time funding to their customers. Coinbase supplies the stablecoin infrastructure, custodial wallets, and Payments API, while Moov integrates these services into existing payment systems already used by member institutions. The arrangement allows smaller financial institutions to provide stablecoin capabi

According to Jin10, citing executives and traders at a Singapore conference, oil exports through the Strait of Hormuz are recovering slowly at 1 million barrels daily, down from 4 million pre-war, as tanker shortages limit throughput and fuel prices surge. Saudi Aramco exports approximately 500,000 barrels of refined products daily, with most volumes originating from its Red Sea refineries; shipments from the Persian Gulf hub Ras Tanura remain minimal due to difficulty securing tankers willing t

Goldman Sachs raised its forecast for Dutch TTF natural gas prices in the fourth quarter of 2026 to 70 euros per megawatt-hour, according to the bank's latest market outlook.

Goldman Sachs raised its fourth-quarter 2026 TTF natural gas price forecast to 70 euros per megawatt-hour.

According to an Israel Defense Forces statement released on September 10, Israeli forces struck and killed Ismail Ibrahim Darwish Kandil, a Hamas Nukhba unit member, in Khan Younis in southern Gaza on September 7. The IDF said Kandil participated in the October 7, 2023 attack on Israel and was directly involved in an operation that resulted in the death of an IDF Nahal Brigade commander.

According to Algeria's Foreign Ministry, the country cut diplomatic ties with the United Arab Emirates on Sept 10, citing "escalating provocative and hostile actions" from the Gulf state. The UAE Ambassador was formally notified and given 48 hours to leave the country. Algeria stated the decision came after exhausting all available means to maintain relations.

According to ChainCatcher, stablecoin payments infrastructure Latitude announced the completion of a $35 million Series A funding round led by Oak HC/FT, with participation from NEA, Coinbase Ventures, Lightspeed Faction, and OpenFX. The round follows an $8 million seed round earlier this year, bringing total funding to $43 million. Latitude aims to connect stablecoin settlement to local payment channels, addressing the "last mile" in stablecoin payments that currently requires bank intermediari

According to BlockBeats, on September 10, OpenCover announced expansion of institutional-grade risk protection to the Solana network, initially covering Kamino, Raydium, Orca, and Jupiter. Coverage terms and limits vary by protocol and position. Kamino and Jupiter hold over $1 billion and $925 million in lending deposits respectively, with the four protocols covering approximately 90% of Solana's lending market. OpenCover users can now purchase protection against smart contract vulnerabilities,

According to NYMEX data, U.S. heating oil futures broke through $5 per gallon on September 9, marking the first time since 2022 that the contract has reached this price level.