Gate Crypto Flash News and Market Updates

According to Citi economist Kim Jin-wook, on Sept 9, Citi raised South Korea's 2026 nominal GDP growth forecast to 25%, up from a prior estimate of 20.7%. This marks the highest growth rate since 1981. The upward revision follows South Korea's Bank of Korea releasing Q2 data showing nominal GDP grew 26.4% year-over-year, the highest rate since Q3 1979. Kim attributed the surge to strong semiconductor export prices improving South Korea's terms of trade, with potential continued upside in H2 2026

According to CoinGecko, IOST surged over 24% in the past 24 hours on September 9, reaching a high of $0.00124.

According to Korea Exchange filings, Parasite producer Baren's E&A faces potential delisting on September 9 after 23 consecutive trading days with market capitalization below 20 billion won and stock price under 1,000 won (penny stock threshold). The company will be automatically delisted if the market cap remains below 20 billion won for 21 more consecutive trading days. Despite a 4-for-1 stock split in April aimed at boosting the share price, the stock has fallen from 1,000 won post-split high

According to ChainCatcher citing Gate market data, Hong Kong stocks closed lower on September 9, with the Hang Seng Index (HSI) down 0.17% and the Nasdaq-100 Index down 0.76%. UDR Robot soared 153% in its first trading day after listing. Among major movers, Lenovo Group and Weichai Power each climbed over 6%, while Haidilao slid over 9%.

According to Bitcoin News, Alby confirmed a critical vulnerability affecting Alby Hub versions v1.7.0 through v1.18.5 that could allow attackers unauthorized access to the admin API and steal funds if exposed to the public internet. One user has been impacted so far; versions v1.19.0 and later are unaffected. Alby recommends affected users restrict public access to the admin interface, immediately update to v1.24.0, and change their unlock password after updating.

According to Financial Times, Iran's central bank eased foreign currency controls on Wednesday to allow businesses to settle cross-border transactions through cryptocurrency, including USDT and Bitcoin, amid tightening US sanctions. Exporters can also use their earnings to directly finance imports without first converting currency through the government's official exchange platform. The Central Bank of Iran has not commented on the report.

According to Jin10 Futures, China's CFETS-NEX RMB liquidity sentiment index reported 49 as of 4 p.m. on September 9, down 3 points from 2:30 p.m. By institution type, the index for large banks, mid-sized banks, and non-bank institutions stood at 48, 50, and 48 respectively, declining 3, 4, and 2 points from the earlier reading.

According to Security Times, on September 9, JD Cloud announced plans to build a 100,000-GPU full-function cluster using chips from Moore Threads, a China-based GPU developer. The cluster will support large-model training, inference, and embodied intelligence, with computing capacity made available to companies across the industry. JD Cloud described the project as ultra-large-scale domestic intelligent computing infrastructure.

According to the London Metal Exchange (LME), as of September 9, aluminum inventory remained unchanged, while copper inventory decreased by 1,900 tons, tin by 75 tons, nickel by 84 tons, and lead by 600 tons. Zinc inventory rose 300 tons.

According to Jin10 Futures, as of 4:02 PM local time on September 9, domestic commodity futures experienced divergent capital flows. Inflows included Crude Oil (September 2026) with 372 million yuan, Alumina Oxide (January 2027) with 362 million yuan, and 30-Year Government Bonds (December 2026) with 298 million yuan. Outflows led by CSI 1000 Index (September 2026) with 67.70 billion yuan, CSI 500 (September 2026) with 47.80 billion yuan, and Shanghai-Shenzhen 300 (September 2026) with 34.66 bil

According to Bloomberg, carbon capture and storage (CCS) project developers in the European Union are set to receive approximately 58 million carbon allowances under the EU's newly announced Investment Booster plan. Based on current carbon price forecasts, these allowances are valued at approximately €8.7 billion (€10.1 billion). The cement industry is expected to be the primary beneficiary, receiving around €7.7 billion of the total allocation, with major producers like Holcim and Heidelberg Ma

According to F2Pool co-founder Chun Wang on September 8, Zcash's extraordinary rally is being driven by market narrative rather than underlying fundamentals. Zcash reached an all-time high around $1,246 over the weekend before retreating to approximately $1,165 on Tuesday, with its market capitalization climbing to roughly $19 billion, pushing ZEC into the top 10 cryptocurrencies, according to Dow Jones market data. Wang argued that rising market capitalization should not automatically be interp

According to crypto commentator @SolanaFloor, Solana captured 32% of all on-chain real-world asset (RWA) spot trading volume over the past year, totaling $14.7 billion. The total RWA market volume reached $46 billion during the same period. 47% of all RWA trades were conducted on Solana's blockchain, further cementing its market leadership. Tokenized equities drove 56% of Solana's RWA trading volume, with major institutional players like BlackRock and Securitize holding nearly $1 billion in fixe

Archax Markets LLC received FINRA approval for its New Member Application on September 8, completing registration as a US broker-dealer with the Securities and Exchange Commission. The UK digital asset firm will offer private placements of traditional and tokenized securities to institutional and accredited investors through correspondent clearing arrangements with tZERO Securities and tZERO Digital Asset Securities. Archax expects the US business to begin operating during the third quarter of 2

BORA's price surged 12.8% in just 5 minutes, reaching $0.028643, according to current trading data. The rapid spike saw the token climb from a low of $0.023943, marking strong trading activity with $2.59 million in 24-hour volume. BORA currently holds a market cap of $32.68 million, with a 24-hour price change of 21.15%.

According to Foresight News, Solana-based perpetual DEX BULK switched to a restricted trading mode today as a precaution following unusual activity in the XRP market. The exchange temporarily suspended regular trading to limit orders and position closures only while the team enhances liquidity and implements additional security measures. BULK will announce when normal trading resumes.

According to Odaily, Bybit announced the official launch of Bybit AI today (September 9), an embedded intelligent assistant integrating trading and customer service features. CEO and co-founder Ben Zhou will host a live demonstration at 8:00 UTC on the Bybit platform. Bybit AI enables users to interact via natural language to manage trades, check account balances, submit support tickets, and access features across spot trading, futures, options, Bybit Earn, copy trading, lending, P2P, and other

According to GMGN data, BUILD, a meme token on BNB Chain, crashed 72% in 24 hours, with its market cap now at $5.88 million as of September 9.

According to HyperliquidNews, elevated funding rates for WTIOIL and BRENTOIL are a normal market phenomenon caused by futures contract rolling arrangements. Oracles reference futures contracts with expiration dates, making higher funding rates expected during rollover periods. COPPER and NATGAS experience the same dynamics.

According to Odaily, PORM crashed to $0.27 overnight today (September 9), now trading at $0.29, down 21% in 24 hours.