Gate Crypto Flash News and Market Updates

According to China's Ministry of Commerce, BRICS nations reached more than 60 cooperation documents as of September 11. The BRICS bloc currently comprises 11 member states and 10 partner countries, with a combined population accounting for nearly half of the world's total and an economic output representing approximately 30% of global GDP. The 16 economic and trade ministerial meetings held by BRICS nations have yielded agreements covering trade facilitation, multilateral trade support, standard

According to BlockBeats analyst @AxelAdlerJr, on September 11, Bitcoin's profitable supply ratio increased to 69%, representing a 90-day change of +41%, coinciding with BTC trading near $77,000. The metric indicates that the recent price rebound has significantly expanded the share of profitable coin holders.

According to French newspaper Le Monde, France will cut its 2026 economic growth forecast to 0.5%, citing government sources. The revision represents a significant downward adjustment from previous expectations.

According to LME data released today (September 11), lead inventory decreased by 2,350 tonnes, zinc fell by 1,775 tonnes, and nickel rose by 2,820 tonnes. Tin inventory increased by 45 tonnes, copper declined by 275 tonnes, and aluminum fell by 250 tonnes.

According to the International Energy Agency monthly report, Russia's oil production in August declined by 200,000 barrels per day compared to July, falling to 8.36 million barrels per day.

According to the International Energy Agency's monthly report, global oil refinery utilization rates are expected to decline by 2.6 million barrels per day in 2026.

According to the International Energy Agency (IEA), global oil inventories fell by 3.1 million barrels per day in August. Since February, inventories have declined at an average rate of 2.8 million barrels per day.

According to IEA's monthly report, the International Energy Agency downward revised its Russian oil production forecasts for 2026 and 2027 due to continued Ukrainian strikes on energy infrastructure. The agency reduced its 2026 forecast by 125,000 barrels per day to 8.7 million barrels per day, and lowered its 2027 projection by 235,000 barrels per day to 8.6 million barrels per day.

According to the International Energy Agency, the IEA has adjusted its 2026 global oil supply forecast to 1.74 million barrels per day below demand, compared to its previous estimate of 1.27 million bpd shortage. The agency widened its projected supply deficit by 470,000 bpd in the updated forecast.

According to the International Energy Agency's monthly report, global oil supply in 2026 is now forecast at an average of 100.7 million barrels per day, down 5.7 million barrels per day from 2025 levels and 1.3 million barrels per day lower than the agency's previous estimate.

According to the IEA's latest monthly report, the full recovery of oil supply from Gulf producers is expected to be delayed until 2027.

According to Kimi, the company has begun rolling out Kimi K2.8 Preview to all Kimi Code CLI users today. The new model maintains the same Model ID (kimi-for-coding), requiring no user action to access the updated version. K2.8 Preview delivers performance approaching K3 while offering higher thinking efficiency. It now supports 1M token context and adjustable thinking strength, bringing two core K3 capabilities to the default coding model. The previous K2.7 Code operated with 256K context and ha

The International Energy Agency (IEA) lowered its oil demand forecast on September 11 due to escalating tensions involving Iran. The revision reflects reduced economic growth expectations tied to geopolitical developments in the region.

According to Morgan Stanley, on September 10, the investment bank upgraded Meta's rating from neutral to buy, raising its target price to $820 from $640. Based on Meta's closing price of $653.69 on September 9, the upgrade implies an upside of approximately 25%. The bank also projects Meta's capital expenditure will reach $243 billion in 2027, a 70% year-over-year increase, and $284 billion in 2028.

According to Odaily, Bitget Wallet has officially joined the Japan Blockchain Cooperation Consortium (BCCC), becoming the first global consumer-facing self-custody wallet to do so. The move follows Japan's implementation of new crypto asset service intermediary regulations in June 2026. As a BCCC member, Bitget Wallet will participate in industry policy discussions and explore the role of self-custody wallets within Japan's compliance framework. BCCC, established in 2016, is Japan's largest bloc

According to SlowMist, BSC-based project BeatXswap suffered a price manipulation attack today, losing approximately 2.985 million BTX tokens (worth roughly $77.5K). The attacker borrowed 6 million BTX via flash loan, sold them on Uniswap V3 to depress the price, then exploited the contract's reliance on V3 spot pricing to mint liquidity and extract BTX from LP positions.

According to CNN, Sam Bankman-Fried, former FTX CEO, filed with the US Supreme Court on Thursday seeking to overturn his 2023 fraud conviction and reverse an $11 billion forfeiture order. His lawyers contended that the trial judge improperly excluded evidence suggesting his investments were sound and would have covered customer losses, and that the $11 billion forfeiture violated the Eighth Amendment's ban on excessive fines. Bankman-Fried was sentenced to 25 years in prison in March 2024 after

According to Nvidia, D-Matrix announced on September 10 it will integrate Nvidia NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia's AI infrastructure platform. The AI inference chipmaker will leverage Nvidia NVLink scale-up, Spectrum-X scale-out networking, and the MGX rack architecture to enable Raptor deployment in larger AI clusters alongside Nvidia GPU-based systems.

According to the Foreign Ministry, spokeswoman Mao Ning rejected allegations made in a U.S. artificial intelligence company report on September 11. During a regular press briefing, Mao stated that China remains committed to the responsible development of AI, while firmly opposing distortions of facts and attacks against Chinese companies.

According to Reuters, Norway's energy ministry received applications from 21 oil and gas companies on Friday for the latest annual petroleum licensing round (APA), representing an increase of one bidder from 2025 as Shell rejoined after sitting out last year's round. The round covers 70 exploration blocks in the North Sea, Norwegian Sea, and Barents Sea, with major applicants including Equinor, ConocoPhillips, and TotalEnergies.