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
18:27
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U.S. War Costs Against Iran Surpass $42 Billion, Up $4.5 Billion Since July

According to The Hill, on September 15, the U.S. Department of Defense reported to Congress that the cost of military operations against Iran has exceeded $42 billion. The figure represents a $4.5 billion increase from the Pentagon's previous public disclosure, based on updated estimates provided to congressional committees on August 13.
18:21
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Kraken Integrates XBusiness to Enable One-Tap XRP Purchases

According to Kraken, XBusiness has integrated with the exchange to allow users to purchase XRP with a single tap. The feature is effective immediately for US-based users, streamlining the cryptocurrency purchasing process. The integration enables direct XRP orders through XBusiness cashtags, making transactions more accessible for crypto market participants.
XRP-4.00%
18:19
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U.S. War Against Iran Costs $38 Billion in First 5 Months, CBO Warns of 0.5% Inflation Spike

According to the U.S. Congressional Budget Office (CBO), the Trump administration's military campaign against Iran has cost approximately $38 billion in its first five months. The CBO projects the conflict will push U.S. inflation higher, with inflation metrics expected to exceed prior forecasts by 0.5 percentage points by early 2027. The agency noted that replenishing the military's ammunition reserves may require over five years, potentially limiting the U.S. ability to respond to other potent
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18:19
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Oil Surges 3.4% to $109.3 on Tuesday as Saudi Pipeline Shutdown Threatens Supply

Brent crude rose 3.4% to $109.3 per barrel on Tuesday, while West Texas Intermediate (WTI) futures jumped over 5% to $106.6, as Saudi Arabia shut its 1,200-kilometer East-West pipeline following attacks by Yemen-based Houthis. The pipeline, which transports roughly 4% to 5% of global crude supply, is expected to remain offline for weeks. U.S. Energy Secretary Chris Wright said flows could resume within days, though other estimates suggest repairs may take five to six weeks. Energy analyst Stephe
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18:13
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Hassett Pushes Back On Rate Hike Ahead of FOMC Meeting, Cites Slowing Inflation

According to Kevin Hassett, White House economic adviser, on Monday he pushed back against rate hike expectations, saying he would vote against a quarter-point increase if he were on the Federal Reserve's policy committee. Hassett cited a sharp slowdown in recent inflation data, noting that the latest three-month trend in core CPI averaged about 0.2% annualized, compared with substantially higher readings in preceding months. Meanwhile, CME FedWatch data showed markets pricing in a 92.7% probabi
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18:13
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Bessent Signals Support for Trump's $5,000 Dividend Plan Amid Record Fiscal Strain

According to Bloomberg, Treasury Secretary Scott Bessent today voiced support for Treasury Secretary Scott Bessent voiced support for a proposal to issue $5,000 checks to American adults, asserting the multi-trillion-dollar plan could be structured without adding to the federal deficit. Testifying before lawmakers, Bessent stated the Treasury Department had been studying the mechanics "for quite a while" and pledged to collaborate with House Speaker Mike Johnson if legislative approval is needed
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18:12
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Chainalysis Traces $61M Iranian Oil Proceeds On-Chain in 2026 Crime Report

According to Chainalysis' 2026 Crypto Crime Report, the blockchain analysis firm traced Iranian state oil proceeds moving on-chain, with findings related to a $61 million forfeiture by the Southern District of New York. The report, disclosed via Chainalysis' official announcement, reveals the network infrastructure used for these transactions, signaling intensified regulatory scrutiny of cryptocurrency transactions linked to sanctioned entities.
18:12
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Fetch.ai Unveils Transaction Workflow for BNBCHAIN Using Three uAgents

Fetch.ai recently unveiled a new transaction workflow for BNBCHAIN utilizing three uAgents—a sender, validator, and monitor. According to Fetch.ai's announcement, the sender signs and transmits transactions, the validator checks BscScan for transaction status, and the monitor logs wallet activity. The workflow operates on the BNB Testnet and aims to streamline transaction efficiency on BNBCHAIN. Developers can access detailed implementation instructions through Fetch.ai's resource library.
18:08
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U.S. Earned Tens of Millions Supporting Japan's July Yen Intervention, Bessent Says

U.S. Treasury Secretary Scott Bessent stated on September 15 that the United States earned tens of millions of dollars by supporting Japan's foreign exchange market intervention in July. Speaking before the House Financial Services Committee, Bessent said the intervention represented "a nominal amount of money" not aimed at profit, but U.S. officials believe it achieved its strategic goal of signaling American support for a stronger yen. The U.S. sold approximately $500 million in euros against
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18:05
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BoE Official: Dollar Stablecoins May Reinforce USD Dominance, Boost US Treasury Demand

According to Carolyn Wilkins, a Financial Policy Committee member at the Bank of England, growth in dollar-denominated stablecoins could strengthen the US dollar's global dominance and increase demand for US Treasury securities. In remarks delivered at Queen's University Belfast, Wilkins noted that dollar stablecoins facilitate cross-border settlement and expand access to dollar-denominated assets outside the US. As of end-2025, Tether's USDT and Circle's USDC held approximately $150 billion in
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USDC0.05%
18:02
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Brad Garlinghouse Advocates Clarity Act at Kansas City Event

At a digital asset event in Kansas City, Brad Garlinghouse, CEO of Ripple, discussed the Clarity Act, emphasizing its importance for the crypto industry. Garlinghouse warned that the U.S. risks falling behind other G20 nations in crypto regulation, noting that many countries have already established regulatory frameworks while existing U.S. financial infrastructure lags behind technological advancements.
18:01
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ECB Calls on Merchants to Test Digital Euro Pilot Ahead of 2029 Launch

The European Central Bank (ECB) is calling on merchants to participate in a digital euro pilot program to test retail use cases ahead of a potential launch in 2029. According to Isadora Arredondo from Hedera, while the technical implementation is manageable, achieving commercial viability remains a key challenge. The initiative marks a significant step toward central bank digital currency adoption across Europe.
HBAR-0.75%
17:56
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Sen. Warren Opposes Current Clarity Act but Pushes for Crypto Legislation

Speaking on Tuesday, Sen. Elizabeth Warren said she opposes the current Clarity Act despite backing stronger cryptocurrency regulation. Warren stated any bill must include rules governing public officials' crypto investments, protect national security and consumers, and combat illicit finance. If Democrats take control of the Senate in November elections, Warren said she would lead the Banking Committee and work to pass a meaningful crypto bill. The Senate is set to vote on the Clarity Act at 2:
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