Gate Crypto Flash News and Market Updates

According to Onchain Lens monitoring, Grayscale's GLNK ETF received 203,810 LINK from Coinbase Prime on September 12, valued at approximately $2.38 million. Over the past 18 days, the ETF has accumulated about 1.05 million LINK, worth roughly $12.12 million.

According to AFP, Yemen's pro-Iran Houthi forces seized control of the Bab el-Mandeb Strait today, September 11, including the Greater and Lesser Hanish islands—the last two positions they had not previously held in the strategic waterway at the southern entrance to the Red Sea. Houthi spokesman Yahya Sari said in a statement that all maritime navigation through the strait is safe except for Saudi vessels, which are already banned from passage.

According to Onchain Lens data, Grayscale's GLNK ETF (0xe33...0aA) received 1.038 million LINK tokens worth $12.12 million over the past 18 days. The ETF received 203,810 LINK worth $2.38 million from Coinbase Prime minutes ago.

According to Federal Reserve data, U.S. household net worth increased by $12.803 trillion in the second quarter of 2026, marking the largest nominal gain since the 1950s. First-quarter growth was revised upward to $792.9 billion.

Bitwise announced Thursday it will liquidate its Dogecoin ETF (BWOW) less than a year after its November 2025 launch, with October 14 as the final trading day on NYSE Arca. The fund held approximately $722,000 in net assets as of September 8. Shareholders will receive cash distributions based on the October 21 net asset value on October 22, with no action required. Bitwise cited the decision as part of efforts to optimize its product range to meet evolving investor needs.

According to Bloomberg, Tesla shares fell 8.9% in the three months following SpaceX's June initial public offering at an issue price of $135 per share, while SpaceX stock gained 9.8% over the same period. The broader S&P 500 index rose 2.7% during the timeframe. Since SpaceX began trading in June, the company has become an alternative investment vehicle for those seeking exposure to Elon Musk, previously available only through Tesla.

According to Lookonchain, Wintermute transferred 61,847 ETH worth $160.3 million to Binance and Coinbase over the past 3 hours.

A U.S. Vermont District Court recently dismissed a motion to dismiss, allowing whistleblower Steven Adler to continue his False Claims Act lawsuit against The Sporn Company Inc. and others for allegedly evading tariffs on jewelry imported from Canada. Chief Judge Christina Reiss ruled that Sporn Company failed to demonstrate that its 2023 settlement of $172,845 constituted an alternative remedy under the False Claims Act. The court rejected the defendants' assertion that it lacked jurisdiction,

According to TD Securities on September 12, strategists Oscar Munoz and Gennadiy Goldberg reversed their prior prediction of Federal Reserve inaction through end-2026, now expecting the first rate hike in September, followed by additional increases in October and January 2027. The forecast adjustment followed Friday's release of August CPI data that came in higher than expected. TD Securities attributed the shift to signs of stalling inflation progress, prompting traders to increase expectations

According to Apple, consumers can reserve and purchase the iPhone 18 Pro and iPhone 18 Pro Max starting September 12 at 5 a.m. Pacific Time through Apple's official website and the Apple Store App.

According to Pavel Durov, Telegram became a sponsor of Codeforces, the world's largest competitive programming platform, on September 12. Codeforces hosts over 100 competitions annually with 4 million registered participants. Durov noted Telegram has supported the platform since 2010 and will continue backing its development.

According to BlockBeats, on September 12, the Federal Reserve, OCC, FDIC, and NCUA announced proposed guidance for banks' third-party risk management. The guidance aims to help banks and credit unions calibrate their risk management practices based on individual third-party relationships. The regulators noted the guidance is principle-based and non-binding; it will replace current third-party risk management guidance upon finalization. A 60-day public comment period follows Federal Register publ

Russia's second-quarter GDP grew 1.3% year-over-year, according to preliminary official data, in line with market expectations.

According to the U.S. Department of Agriculture (USDA), the agency projected ending wheat inventories for the 2026 crop year at 717.77 million bushels, compared to analyst expectations of 717.77 million bushels and the USDA's previous forecast of 717 million bushels.

According to USDA, U.S. cotton ending stocks are projected at 3.6 million bales, down from the department's prior estimate of 4 million bales, and below analyst expectations of 3.79 million bales.

According to CoinMarketCap data, the top five performing tokens by market cap today are: Raydium (RAY) up 22.57%; Pons (PONS) up 18.77%; Jupiter (JUP) up 11.14%; NEAR Protocol (NEAR) up 10.41%; and Aerodrome Finance (AERO) up 9.80%.

According to blockchain analytics data, 361 billion SHIB moved from South Korean exchange Coinone to a single wallet on Sept. 10. The largest transaction contained 355.27 billion SHIB worth approximately $1.87 million, with additional transfers of 4.29 billion and 1.5 billion tokens. The receiving address holds roughly $23.53 million in crypto assets, including about $9.68 million in Ethereum and $1.22 million in ONDO. Meanwhile, SHIB traded near $0.00000503, down approximately 2% on the day.

Russia has banned diesel exports, removing approximately 800,000 barrels of daily supply from global markets, according to energy analysts and data platform Kpler. The ban coincides with Ukraine's intensified drone strikes on Russian energy infrastructure, which have knocked out roughly 40% of Russia's refining capacity in recent weeks. This week alone, a Ukrainian attack damaged natural gas facilities near Novy Urengoy, Russia. The combined disruptions have reduced global refining capacity to 8

According to the U.S. Department of Agriculture, the nation's corn ending stocks for the 2026 crop year are now estimated at 1.51 billion bushels, down from the department's previous forecast of 1.653 billion bushels. The new projection aligns closely with analyst expectations of 1.508 billion bushels.

According to the U.S. Department of Agriculture (USDA) report on September 11, the U.S. soybean ending stock forecast was lowered to 310 million bushels, down from the previous estimate of 320 million bushels. The forecast came in higher than analyst expectations of 291.37 million bushels.