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
00:23
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Bank of Korea Unlikely to Raise Rates in October, Base Rate at 3.00%

According to KB Securities on September 12, the Bank of Korea's monetary policy committee is unlikely to raise the base rate in October, despite earlier signals of possible further tightening. The analysis notes the neutral interest rate is estimated at 2.25–2.75%, making the current 3.00% base rate somewhat restrictive. The won's strengthening has eased inflation pressure, with the dollar-won exchange rate falling over 200 won since end-June. However, geopolitical tensions and rising oil prices
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00:18
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Israel-Lebanon Negotiations Postponed to October, U.S. Official Says

According to a U.S. senior official on September 11, the next round of Israel-Lebanon talks originally scheduled for next week in Rome has been postponed to October. In the interim, Israeli and Lebanese ambassadors to the U.S. will meet at the State Department in Washington to discuss recent developments and ongoing implementation of a bilateral framework agreement. The postponement follows scheduling conflicts related to Jewish holidays, an upcoming conference on Lebanese military capacity in P
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00:17
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Former Alameda CEO Caroline Ellison Begins Role at Manifund on Sept 12

According to The Block, Caroline Ellison, the former CEO of Alameda Research, has joined nonprofit Manifund, where she transitioned from trial work beginning in July to a full-time position in August. Manifund co-founder Austin Chen stated that Ellison will lead the organization's grants platform and strengthen its charitable work. Ellison previously pleaded guilty to fraud and conspiracy charges related to FTX's 2022 collapse, which resulted in billions in customer losses. She cooperated with p
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00:13
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Salesforce Announces Claudeforce AI Integration Ahead of Dreamforce Conference on Sept 15

According to MarketWatch, Salesforce announced on Friday, Sept 11, a collaboration with Anthropic to integrate the Claude AI model directly into its platform, aiming to position itself as a stronger AI player. The Claudeforce partnership will be tested at the company's annual Dreamforce conference starting Sept 15 in San Francisco. The integration introduces a new plugin allowing advanced AI lab users to access Salesforce data directly without using the traditional user interface, combining Clau
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23:57
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USD/KRW NDF 1-Month Contract Falls to 1,341 Won on Sept 12 as U.S. Core CPI Exceeds Expectations

According to overseas brokers, the USD/KRW NDF 1-month contract fell to 1,341.00 won on Sept 12, marking a decline of 4.60 won from the previous day's spot rate of 1,345.90 won. The drop came as U.S. core CPI for August rose 0.3% month-on-month, exceeding market expectations of 0.2%, according to the U.S. Department of Labor. CME FedWatch data showed markets pricing in an 86.5% probability of a Federal Reserve rate hike this month. Meanwhile, WTI crude oil for October delivery closed at $100.05
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23:55
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Only Two Stablecoins Exceed $10B Market Value, Down From Four in 2022: ARK Invest

According to ARK Invest research director Lorenzo Valente, only two stablecoins have crossed the $10 billion market value threshold: Tether's USDT and Circle's USDC. This represents a significant consolidation from 2022, when four stablecoins held valuations above $10 billion. The stablecoin market exhibits a steep hierarchy, with roughly 135 tokens exceeding $1 million in value, 90 above $10 million, 40 above $100 million, and just 12 above $1 billion, according to data from Blockworks and Arte
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USDC-0.01%
23:55
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Jim Chanos Slams AI Data Center Economics as Uneconomic, Questions IREN and CoreWeave Model

According to Jim Chanos, the legendary short-seller who predicted Enron's collapse, AI data center operators face fundamental economic challenges. In recent social media posts, Chanos called the AI data center business "uneconomic," arguing that even if GPUs deployed in these facilities last a decade, the returns generated would not cover acquisition costs. Chanos specifically targeted IREN Limited, CoreWeave, and Nebius Group, all of which have partnerships with NVIDIA and previously operated a
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23:43
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European Sugar Prices Rally to Year-High at €550 Per Ton Amid Crop Concerns

According to Platts, European beet sugar prices in northwestern Europe hit €550 per ton (approximately $638) on September 3, the highest level since late September 2025, rising nearly 40% since year-start. The surge reflects tightening supplies as deteriorating beet crop conditions constrain production across the region.
23:42
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DraftKings Tokenized Stock DKNG Hits $39M Trading Volume on Solana Within Three Hours

According to CryptoBriefing, DraftKings' tokenized stock DKNG achieved $39 million in trading volume on Solana within three hours of launch. The DKNG token, issued through Backpack Securities, is fully backed 1:1 by actual DraftKings shares held in custody, and holders can redeem their tokens or transfer them into traditional brokerage accounts.
SOL3.83%
23:42
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Cantor Fitzgerald Doubles BitMine Price Target to $63.60, Sees 163% Upside on ETH Treasury Strategy

According to Cantor Fitzgerald, on September 10 the firm doubled BitMine Immersion Technologies' price target to $63.60 from $30.60, maintaining an Overweight rating. With BitMine shares trading near $24.20 at the time, the new target implies approximately 163% upside. Cantor's analysts expect the crypto bear market drawdown to find a floor around October 2026, with the central thesis centered on BitMine's shift from a mining-focused company to a leveraged Ethereum proxy through its 5.93 million
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ETH3.22%
23:37
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Oracle Expands 2026 Restructuring Budget by $700M to $2.8B as AI Data Center Costs Mount

According to regulatory disclosure filed Friday, Oracle expanded its 2026 Restructuring Plan budget by $700 million to $2.8 billion, driven primarily by severance costs tied to aggressive artificial intelligence infrastructure spending. The company has already absorbed approximately $2.1 billion in expenses related to workforce reductions. The financial strain stems from building massive data centers for enterprise clients including OpenAI, prompting Oracle to implement accelerated cost-cutting
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23:32
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UniCredit Explores Crypto Custody, Trading, and Tokenized Products Infrastructure

UniCredit Bank is exploring technology providers to support entry into digital assets, including crypto trading, custody, tokenized investment products, and stablecoin-based fixed-income securities, according to reporting from FinanceFeeds. The Italian bank's discussions remain at an early stage, with no technology provider yet identified and no timeline for service launches disclosed. The project reflects UniCredit's interest in building internal digital asset infrastructure rather than relying
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23:27
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EU Opens New Antitrust Probe Into Broadcom's VMware Licensing Restrictions Following $61B Acquisition

According to Bloomberg, the European Union's antitrust regulator is conducting a detailed review of Broadcom's software licensing model following its $61 billion acquisition of VMware, concerned that customers could face substantial harm. Inquiry letters dated July have been sent to European cloud service providers, focusing on VMware's importance, available alternatives, and potentially unfair restrictions in Broadcom's new partner certification program. The review comes ahead of a critical Mar
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23:21
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Symbiosis Bitcoin Bridge Hit by Security Attack; 15 BTC Recovered, BTC Routing Halted

According to Symbiosis, its Bitcoin bridge suffered a security attack at 04:28 UTC on September 11. The incident resulted in a pause to BTC routing, while other routes remain operational. The team has recovered approximately 15 BTC and secured it in a multi-signature wallet under team control. Symbiosis has offered a 20% white-hat bounty of the recovered funds, valid until September 13, with equal compensation available to information providers who assist in fund recovery. EVM chains, TRON, TON,
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BTC0.85%
TRX-0.47%
23:16
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Bitcoin Falls 3.90% to $76,568 This Week as Oil Prices Surge Above $100

According to Junggle Research, Bitcoin fell 3.90% to $76,568 this week, while Ethereum declined 0.77% to $2,437, as rising oil prices and U.S. Treasury yields dampened risk asset sentiment. WTI crude surged above $100 per barrel amid prolonged U.S.-Iran tensions, while Brent crude also entered the $100 range. U.S. producer prices added pressure: August PPI rose 0.4% month-on-month and 5.4% year-on-year, exceeding July's 4.8% gain. The 10-year Treasury yield climbed to around 4.85%. CME FedWatch
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BTC0.85%
ETH3.22%