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
12:02
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Standard Chartered Sets $10 ARB Price Target by End-2030, Up 70-Fold From $0.13

According to Standard Chartered, Arbitrum (ARB) received a $10 price target for end-2030, implying roughly 70-fold increase from Tuesday's $0.13 level. The bank set interim targets at $0.50 by end-2026, $1.50 by end-2027, $3.50 by end-2028, and $6.50 by end-2029. Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick attributed the outlook to Arbitrum's growing role as enterprise infrastructure for traditional financial institutions. Following Robinhood Chain's July 1 launch,
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ARB1.81%
12:02
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Schwab Integrates Anthropic's Claude with Advisor Platform for 16,000+ RIAs on September 14

According to a BusinessWire announcement on September 14, Charles Schwab partnered with Anthropic to make Claude for Financial Advisors available to more than 16,000 independent registered investment advisers (RIAs) served by Schwab Advisor Services. Schwab Advisor Services is the first RIA custodian integrated with Claude for Financial Advisors. The authenticated connection allows advisers to access custodial information, portfolio data, and CRM systems directly within Claude. The product is de
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12:01
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Bitcoin Suisse to Cut Up to 60 Swiss Positions as Company Relocates Roles to Lower-Cost Centers

According to Bitcoin News, Bitcoin Suisse will cut up to 60 Swiss positions following negotiations ending on September 20, with layoffs expected to begin before year-end. The company, which manages over $3 billion in assets and has roughly 200 employees globally, plans to relocate back-office and software roles to its Bratislava center and a new Vietnam location to optimize costs and support international expansion.
12:01
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Over 12 Major Banks Predict Fed to Raise Rates by 25 Basis Points on September 16

According to Odaily, over 12 major banks including Goldman Sachs, JPMorgan Chase, Bank of America, and Morgan Stanley predict the Federal Reserve will raise interest rates by 25 basis points on September 16. The CME FedWatch tool shows market-implied probability of a September rate hike at 87.3%, up from 61.9% at the end of August. U.S. core consumer prices rose 0.3% month-over-month in August, exceeding the market expectation of 0.2%. The Federal Open Market Committee will conclude its two-day
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11:58
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White House Launches Interactive Tool to Counter Stablecoin Concerns, Supports CLARITY Act Push

According to Semafor, on September 15, the White House Council of Economic Advisers launched an interactive tool allowing users to set parameters and run scenarios supporting its finding that stablecoin growth has no material link to community bank deposit losses. The tool aims to persuade Senate Republicans to advance the CLARITY Act, addressing banking industry concerns raised Monday that recent amendments do not adequately address stablecoin provisions. The legislation requires at least 60 vo
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11:57
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China Steel Association Launches Self-Discipline Initiative to Control Production and Reduce Inventory on September 15

According to the China Iron and Steel Association on September 15, the industry body launched a comprehensive self-discipline initiative to control steel production and reduce inventory levels. The association called for three key measures: strict implementation of production adjustments, sustained self-discipline in controlling output and reducing stockpiles, and full utilization of the industry's price supervision teams to monitor market dynamics and maintain price stability.
11:53
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Cybersecurity Stocks Rise 13-14% on Monday Amid AI Safety Concerns

According to reports, cybersecurity stocks including CrowdStrike and Palo Alto Networks surged on Monday, rising roughly 14% and 13% respectively, following calls from AI leaders over the weekend for slowing development of advanced AI models to address safety risks. The market split reflected investor concerns about accelerating AI vulnerabilities, with cybersecurity firms positioned as beneficiaries of increased safety spending. Both companies have roughly doubled over the past six months, shar
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11:52
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Ethiopia Cuts 75% of Power Supply to Bitcoin Miners Amid El Nino Impact

According to Bloomberg, Ethiopian Electric Power Corp has cut 75% of power supply to Bitcoin mining operations due to reduced hydroelectric dam inflows caused by El Nino conditions. Bitcoin miners previously accounted for 35% of the utility's revenue and consumed nearly one-third of the nation's total generating capacity of 9,730 megawatts.
BTC-1.09%
11:51
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Germany and Egypt Discuss Yemen Situation and Houthi Attacks Today

On September 15, Germany's Foreign Minister discussed the Yemen situation with Egypt's Foreign Minister, with both countries expressing concern over recent Houthi attacks and developments in the Strait of Mandab. Both officials stressed the importance of preventing further escalation and advancing a peaceful resolution.
11:48
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AI Marketing Startup Profound Raises $180M in Series D, Valued at $1.8B

According to Bloomberg, Profound completed $180 million in Series D funding today (September 15), with the AI search marketing startup valued at $1.8 billion post-money. Sequoia Capital and Kleiner Perkins led the round. Founded in 2024 and headquartered in New York, Profound has raised over $335 million to date. The company helps brands adapt to users searching through AI chatbots like OpenAI ChatGPT and Google Gemini instead of traditional search engines, tracking brand mentions and descriptio
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11:46
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Dutch AI Chip Startup Euclyd Completes $231 Million Series A, Led by Samsung

According to ChainCatcher, Dutch AI chip startup Euclyd completed a 231 million dollar Series A funding round on September 15, led by Samsung, Somerset Capital Partners, EQT's Scaleup Europe Fund, and Innovation Industries. Founded in 2024 by Bernardo Kastrup and Atul Sinha and headquartered in Eindhoven, Euclyd develops custom chips and memory architectures to replace GPU solutions in AI inference workloads. Peter Wennink, former CEO of ASML, will serve as the company's board chair.
11:42
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Zama Opens 16 Morpho Privacy Vaults on Ethereum, First Vault Reaches $40M TVL in Seven Weeks Since June

According to Foresight News, Zama opened 16 privacy vaults on Morpho, supporting USDC, USDT, AUSD, and TGBP. Twelve vaults are privacy versions of existing Morpho products, with Steakhouse Financial, Armitage, Flowdesk, RockawayX, and Bitwise serving as vault curators. Zama's first vault, launched in collaboration with Morpho and Steakhouse using a USDC Prime strategy, reached $40 million TVL within seven weeks of its June launch. Zama also launched Swap Protocol, enabling private asset swaps on
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ZAMA-4.70%
MORPHO-3.08%
ETH-1.31%