Gate Crypto Flash News and Market Updates

According to the FCA, on September 10, the UK Financial Conduct Authority, HM Revenue & Customs, and the Metropolitan Police visited three London premises suspected of illegal peer-to-peer crypto trading, issuing cease and desist letters at each location. The FCA confirmed that no peer-to-peer crypto business is currently registered with it anywhere in Britain, meaning all such operations in the country operate unlawfully. Unregistered traders operate outside anti-money laundering controls, crea

FIO Protocol's price fell 10.04% in one hour today (September 17), dropping to $0.00041763 from its earlier high of $0.00046423. The token also declined 17.11% over the past 24 hours, with a market cap of $386,533 and trading volume of $12,821.07.

China's commodity futures closed lower across the board during the night session on September 16. PVC, coking coal, fuel oil, and LPG led declines with losses exceeding 2%, while pure benzene fell 2.61% and p-xylene, fuel oil, and LPG fell at least 2.41%. Styrene, short fiber, PTA, and soybean futures posted losses between 1.54% and 2.4%. Broader declines were seen in soybean oil, propylene, rapeseed meal, polypropylene, synthetic rubber, ethylene glycol, methanol, plastics, asphalt, rapeseed oi

JP Morgan expects the Bank of England to raise rates by 25 basis points in February 2027, according to the bank's latest forecast update. The expectation represents a shift from the firm's prior prediction of two interest rate cuts by the central bank in 2027.

According to the U.S. Central Command, as of September 17, forces have redirected 104 commercial vessels to ensure strict compliance with regulations.

According to Solid Intel, the Pentagon on September 17 is advancing multiple classified projects related to Bitcoin and cryptocurrency, U.S. Defense Secretary Pete Hegseth said. Hegseth previously agreed that the United States should pursue a strategic advantage in the BTC sector.

According to Yonhapinfomax, the U.S. Dollar Index (DXY) fell to 100.088 on September 17, down 0.167% from the prior close, as West Texas Intermediate (WTI) crude for October delivery plunged more than 2.5% to break below $100 per barrel. The weakness was triggered by reports that Saudi Arabia proposed a two-week ceasefire to Yemen's Houthi rebels, easing concerns over crude supply disruptions from attacks on oil infrastructure. Meanwhile, the U.K. pound also came under pressure as the Bank of En

According to World's announcement, the identity-focused crypto project launched World Money, a self-custodial financial app today in more than 150 countries. The app combines stablecoin payments, trading, earning and virtual accounts, supports balances in eight currencies, and integrates with Stripe, Kalshi, and Morpho. World ID verification unlocks boosted rewards on eligible Earn programs, while Stripe powers a new U.S. funding flow allowing users to convert money from Apple Pay into stablecoi

Huawei launched the industry's first near-packaged optics (NPO)-based AI computing system today. A single Atlas 960E SuperPoD can scale to 4,096 neural processing units (NPUs), with its agentic SuperCluster capable of scaling up to 1 million NPUs. The company also unveiled the upgraded TaiShan 950 SuperPoD and OceanStor M900 context memory storage system. Additionally, Huawei's Compute Architecture for Neural Networks (CANN) software stack has transitioned to community-driven open-source develop

According to The Block, on September 17, identity crypto project World (formerly Worldcoin) launched World Money, a self-custody financial application available in over 150 countries. The app integrates stablecoin payments, trading, yield features, and virtual accounts, allowing users to hold eight currencies and conduct cross-border transfers. Stripe provides a new U.S. onboarding channel via the app, enabling users to convert Apple Pay funds into stablecoins within minutes. Users who complete

According to Coinglass, ZEC futures open interest surged 24.3 million ZEC, equivalent to $3.35 billion, up 29% in the past 24 hours. Liquidations totaled $9.08 million in the past 4 hours and $58.9 million over 24 hours. Multi-to-short ratios on Binance showed more short traders but concentrated long positions among large accounts. This suggests long-side holdings are concentrated among a smaller group of major traders, while short positions are more distributed among retail participants.

Stellantis has signaled to workers at its Brampton plant in Toronto that the facility faces no long-term business prospects, according to communication from the automaker to the Canadian facility.

According to Centrifuge, on September 17, New York Life Investment Management (NYLIM) launched its high-yield corporate bond strategy fund HYB on Avalanche, offering qualified investors tokenized exposure to U.S. high-yield corporate bond portfolios. NYLIM, which manages approximately $807 billion in assets, deployed the product to expand institutional-grade asset classes beyond U.S. Treasuries and short-duration products on Avalanche. The chain currently hosts around $1.4 billion in stablecoins

According to a Chainalysis report published Thursday and detailed by Bloomberg, blockchain malware rose approximately 440% in under a year, with state-linked groups from North Korea and Iran now accounting for 51% of attributed on-chain writes. Daily malicious transactions climbed from about two to eleven over the period. Chainalysis ties the surge to mid-2025, when high-capacity Chinese open-source AI models without guardrails against generating malicious code became widely available, erasing t

On September 17 at 10:30 AM ET, the three major U.S. stock indices rose, with the S&P 500 climbing 1.00% to 7,627.53 and the Nasdaq gaining 1.62% to 26,400.20. The Dow Jones Industrial Average rose 0.60% to 51,771.84. Technology stocks led the rally, with Nvidia up 2.76%, Amazon up 2.54%, and Microsoft up 1.58%. AI-related stocks also surged, including Qualcomm up 3.56% and Intel up 8.31%. The rally was supported by a 5 basis points decline in the 10-year U.S. Treasury yield to 4.949%. Oil price

According to the U.S. Department of Labor, initial jobless claims for the week ending September 12 fell by 10,000 to 196,000, below the Reuters-surveyed economist expectation of 208,000. The four-week moving average dropped to 203,250, marking a five-week low. Continuing jobless claims through September 5 decreased by 39,000 to 1.73 million, reaching the lowest level since January 2024.

According to the U.S. Department of Agriculture (USDA) agricultural drought monitoring data as of September 15, drought conditions affected 27% of U.S. soybean production areas, 24% of corn production areas, and 65% of cotton production areas.

According to Coinglass data, Zcash (ZEC) experienced 16.66% price volatility today, with liquidations reaching $58.81 million in the past 24 hours. A total of 8,173 traders were liquidated, including $51.06 million in short liquidations and $7.75 million in long liquidations, with the largest single liquidation at $6.99 million. ZEC liquidations were concentrated on Hyperliquid (37.04%), Binance (33.55%), and Bybit (9.5%), indicating substantial leveraged trading activity on these exchanges.

According to Bloomberg, Angola plans to schedule 850,000 barrels per day of oil loadings in November, according to preliminary schedules.

According to ChainCatcher, ZEC rallied to $1,443 in 24 hours, up over 15%, based on Gate's market data. The asset is currently trading at $1,434.