Gate Crypto Flash News and Market Updates

According to Pyth Network's official announcement, Pyth Pro and Indices were launched on the Arc platform today (September 16). Pyth Pro provides real-time data feeds while Indices serve as benchmarks for asset price tracking, designed to enhance data accessibility for developers and institutional users.

According to Coinbase's official statement on X, the company has lowered its Advanced trading fee tier threshold from $25,000 to $10,000. Both spot and derivatives trading volume now count toward fee tier qualification. The platform also confirmed that USDC holders can qualify for VIP status.

According to UN Secretary-General António Guterres, the Middle East cannot achieve peace without resolving the Palestinian crisis, and the Horn of Africa cannot achieve peace without addressing the Sudan conflict. The remarks underscored the UN chief's assessment that regional stability depends on tackling these long-standing disputes.

According to the U.S. Geological Survey (USGS), a 5.0-magnitude earthquake struck an area 5 kilometers northeast of Mitsukaido, Japan today (September 16).

On September 16, the Federal Reserve is expected to raise interest rates by 25 basis points, pushing the federal funds rate to a target range of 3.75-4.00%, marking the first rate increase since 2023. The decision comes as Fed Chair Kevin Warsh, confirmed by the Senate and sworn in on May 22, navigates his first rate decision. The Personal Consumption Expenditures index, the Fed's preferred inflation gauge, clocked in at 3.7% year-over-year in July, nearly double the central bank's 2% target. Pr

A growing coalition of House Democrats, led by Minority Leader Hakeem Jeffries and Rep. Jim McGovern, is pushing to eliminate federal tax incentives for data centers, arguing that server farms consume excessive energy and strain local communities while receiving generous tax benefits. About 14% of existing U.S. data centers and 17% of those planned or under construction sit inside Opportunity Zones, qualifying them for capital gains deferrals and exclusions originally designed for economically d

According to DefiLlama, SparkLend's total market size surged 55% since the start of 2026 to reach $7.39 billion in September. The protocol's actual TVL stands at approximately $4.96 billion, with roughly $2.436 billion in active loans outstanding. From May 2026 to September, SparkLend added over $1.3 billion in locked value, making it the third-largest lending protocol by TVL. SparkLend is fully deprecating its Gnosis Chain deployment as of September 14, 2026. Any outstanding loans on that chain

According to Jin10, Iranian Parliament Speaker Mohammad Baqer Kalibaff posted on September 16 that rate hikes cannot open the Strait of Hormuz or increase oil production. Kalibaff proposed a modified "Strait Taylor Rule," arguing that the natural interest rate is not neutral but rather a risk premium for the strategic waterway, set by Iran. He dismissed the effectiveness of 25 basis point increases in influencing geopolitical chokepoints.

According to BlockBeats citing HTX market data, multiple altcoins surged on September 16. BR led gains with a 24-hour increase of 130.7%, trading at $0.6132, followed by SYN which rose 123.8% to $0.1813, and LSK which advanced 64.7% to $0.6488.

According to Ondo Finance's official announcement, its subsidiary Oasis Pro Markets, a U.S. registered broker-dealer, has formally joined DTCC's Fund/SERV network, becoming the first tokenized company to access the platform. Fund/SERV processes over 85% of U.S. mutual fund trading activity. The integration enables standardized trade processing, reconciliation, allocation, and reporting for tokenized funds within traditional finance infrastructure, replacing individual fund integrations with a si

According to CoinGlass, cryptocurrency market liquidations reached $482 million in the past 24 hours, with long positions accounting for $363 million and short positions $119 million. A total of 100,152 traders were liquidated. Bitcoin liquidations amounted to $148 million, while Ethereum saw $138 million in liquidations. The largest single liquidation occurred on Binance's BTCUSDT pair, valued at $22.53 million.

According to Guru Club, on September 16, WTI crude oil futures fell 3.75% to $96.97 per barrel, while Brent crude futures dropped 3.34% to $105.12 per barrel.

According to Guru Club, WTI crude oil futures fell 4% on September 16, trading at $96.683 per barrel.

According to Bitget data, WTI crude oil fell 4% to $96.88 per barrel and Brent crude oil declined 3% to $101.74 per barrel on September 16.

According to Jane Foley, analyst at Dutch cooperative bank, on September 16, the Federal Reserve is expected to raise rates by 25 basis points in its upcoming decision, but dollar selling pressure is anticipated to remain limited. Foley noted that while the Fed may dampen market expectations for future rate hikes, the dollar is unlikely to face significant depreciation given fiscal constraints in other regions, including limited fiscal space in the UK and the eurozone's energy import dependency.

According to DeFiLlama data, Hyperliquid generated approximately $2.4 million in revenue over the past 24 hours on September 16, surpassing Robinhood Chain's total on-chain application revenue of about $1.87 million during the same period.

According to Chainlink, Arc officially launched its mainnet on September 16, integrating Chainlink oracle services including CCIP, Data Feeds, and Proof of Reserve from day one. The integration provides institutional-grade oracle infrastructure to enhance Arc's platform efficiency and bolster developer and user confidence in the ecosystem.

According to ITAR-TASS, Russia's military struck a cargo vessel in the Black Sea on September 16, according to statements from the Russian Defense Ministry.

According to U.S. Treasury Secretary Scott Bessent on September 15, Chinese AI laboratories use a technique called "knowledge distillation" to extract and train models from proprietary American AI systems, effectively stealing U.S. technological advantages at lower costs. Speaking before the House Financial Services Committee, Bessent stated: "China's models are undergoing distillation from American models—that is just a polite, academic term. Plainly speaking, it is theft." Bessent urged Congre