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
14:25
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Citi Shifts Fed Rate Cut Forecast to Mid-2027, Delays Earlier Timeline by Months

According to Citi, on Sept 4, the bank adjusted its forecast for Federal Reserve rate cuts, now expecting the central bank to cut rates by 25 basis points each in June, September, and December 2027. This marks a significant shift from Citi's previous prediction of cuts occurring in October and December 2026, followed by January 2027.
14:24
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Bitcoin Could Soar Amid Geopolitical Tensions, Fidelity Says as BTC Tops $1.5 Trillion

According to Fidelity International's 2026 Digital Assets Outlook, Bitcoin's market cap exceeds $1.5 trillion as the firm argues the asset could appreciate amid rising geopolitical tensions and currency debasement concerns. Fidelity highlighted Bitcoin's fixed supply of 21 million coins and independence from government monetary policy as key attractions in an environment of financial instability. The firm noted that institutional adoption has accelerated, with corporate treasuries, sovereign wea
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BTC0.67%
14:23
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BlackRock Says 25bp Fed Rate Hike Won't Threaten Risk Assets, Citing AI-Driven Earnings Growth

According to BlackRock's mid-2026 investment outlook, portfolio manager Jeffrey Rosenberg says a 25-basis-point Federal Reserve rate hike would not meaningfully threaten risk assets, citing strong corporate earnings driven by artificial intelligence investments. BlackRock's modeling forecasts a 2.5% one-year return for the Bloomberg US Treasury index even in a scenario where the Fed raises rates by up to 100 basis points over the next year. The firm favors US equities as best positioned to weath
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14:23
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BlackRock CEO Fink Calls for $10 Trillion U.S. Investment in AI Infrastructure via Retirement Savings

At the Milken Institute Global Conference, BlackRock CEO Larry Fink called for $10 trillion in U.S. investment in AI infrastructure over the next decade, proposing that the funding should come from Americans' retirement accounts, pension funds, and insurance policies. Fink argued that public budgets cannot fill the funding gap alone, and the private capital pool is necessary to support data centers, power grids, and transmission infrastructure. BlackRock, managing approximately $14 trillion in a
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14:23
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Trump Proposes Halting Trade with Deficit Countries if Fed Doesn't Cut Rates on August 19

On August 19, President Trump proposed that the US should stop trading with countries where it runs a trade deficit if the Federal Reserve refuses to cut interest rates. Trump cited a rate gap, with the US federal funds rate at roughly 3.5-3.75% versus around 0-0.5% in countries like Switzerland, arguing American businesses and consumers face higher borrowing costs than their developed-economy counterparts. He claimed roughly 60 nations "live off the United States" through lopsided trade relatio
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14:23
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Polygon Launches Cryptocurrency Donation Channel for Nepal's Disaster Relief Fund on September 4

According to PANews, Polygon announced on September 4 the launch of a cryptocurrency donation channel supporting Nepal's Prime Minister Disaster Relief Fund for flood relief efforts. The platform, powered by Polygon OMS, accepts multiple supported tokens and blockchain assets. Polygon stated that 100 percent of donations will support disaster response, with all fund flows verifiable on-chain. The initiative is facilitated through a partnership with Cross River Bank.
14:22
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Wacker Chemie Evaluates Closure of Tennessee Polysilicon Plant After August 6 Tariffs

Wacker Chemie, a German chemical company, is evaluating the closure of its polysilicon facility in Charleston, Tennessee, after trade measures introduced on August 6 drove away the plant's last two remaining customers. The facility employs roughly 600 workers. The Trump administration imposed a 15% tariff on polysilicon alongside price floors set at $21 per kilogram for polysilicon and $100 for ingots and wafers, effective December 2026. CEO Christian Hartel stated the measures fail to provide m
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14:21
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Ripple Reaches Multi-Year Sponsorship Deal with University of Florida Worth $5 Million Annually, XRP Branding Debuts Sept. 5

According to the Associated Press, Ripple and the University of Florida announced a multi-year sponsorship agreement on September 5, with the deal expected to provide the university $5 million annually. The partnership takes effect during Saturday's football game against Florida Atlantic University, with XRP branding displayed at Florida Field. Ripple will also provide financial technology education support covering traditional finance and digital assets to the university's student athletes and
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XRP1.41%
14:21
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Polaris Completes $1 Million Seed Round from Ethereum Foundation, Fusion, Others

According to Foresight News, permissionless onchain yield protocol Polaris has completed a $1 million seed funding round. Backers include the Ethereum Foundation, Fusion (IPOR subsidiary), Altitude, Liquity, LI.FI, and over 30 founders and contributors including Daily Gwei creator Anthony Sassano. Polaris offers native yield for onchain assets through its core product pETH, alongside USDp and GOLDp.
ETH0.91%
14:21
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OpenAI Hosts First Global Game Builders Seoul Competition with 40 AI-Developed Games on August 31

According to Yonhap News, OpenAI held its first-ever global game development competition, Game Builders Seoul, on August 31 in Seoul. A total of 40 games developed using the AI tool Codex were submitted to the event. Industry veterans including former XLGames CEO Jae Kyung Song, known for developing titles like Lineage and ArcheAge, and Kim Yong-ha, head of Nexon Games and producer of the hit game Blue Archive, participated as speakers.
14:21
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Lululemon Stock Crashes 20% in Premarket on Weak Q2, Leggings Sales Down ~20%

Lululemon shares plunged approximately 20% in premarket trading Friday after the athleisure company cut its annual outlook, erasing roughly $2.8 billion in market value. Q2 revenue fell to $2.42 billion, missing analysts' $2.46 billion estimate, with Americas revenue declining 8%. According to Reuters, the company's signature leggings sales fell approximately 20%, highlighting weakness in its core product category. Adjusted earnings guidance was sharply reduced to $9.48-$9.73 per share from the
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14:21
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Russian Drones Hit SBU Headquarters in Kyiv, 7 Wounded on Friday

According to Jin10, Russian drones struck the Ukrainian Security Service (SBU) headquarters in Kyiv on Friday, with at least 7 people wounded in the attack. The strike marks an escalation in the conflict as Moscow has conducted consecutive airstrikes on the capital for 10 days. Ukrainian President Volodymyr Zelensky said he ordered a proportional response and will take corresponding action against Russia when preparations are complete.
14:17
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US National Sheriff's Association Shifts Clarity Act Stance from Opposition to Neutral on Thursday

According to ChainCatcher, the National Sheriff's Association (NSA) shifted its position on the Digital Asset Market Structure Clarity Act from opposition to neutral on Thursday. In a letter to Senate leadership sent by Association President Troy Wellman and Executive Director Justin Smith, the NSA cited the bill's complexity and ongoing discussions on key regulatory details as reasons for stepping back and allowing the legislative process to continue toward establishing clear and effective over
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14:12
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PancakeSwap Captures 37.3% of bStocksFinance Trading Volume on BNBCHAIN

According to PancakeSwap, the platform recently captured 37.3% of bStocksFinance's trading volume on BNBCHAIN. The decentralized exchange has been recording strong trading activity, with its governance token CAKE burning approximately 580,000 tokens weekly, reducing overall token supply by roughly 58 million since 2023.
CAKE0.25%
14:11
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Chainlink, Bottomline Launch Blockchain Settlement for 600+ Banks Processing $16T Annually

According to an announcement by Chainlink on September 3, Bottomline, a major Swift service provider, has partnered with blockchain infrastructure firm Chainlink to expand blockchain-based cross-border settlement capabilities to more than 600 of its bank customers. Bottomline processes over $16 trillion in payments annually. The partnership enables banks to use existing Swift and ISO 20022 messaging standards while settling eligible cross-border payments through blockchain networks via Chainlink
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LINK1.89%
14:09
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Stablecoin Market Returns to Growth in August, Rising 1.19% to $311B

According to CoinDesk Research, the stablecoin market returned to growth in August, rising 1.19% to $311 billion, marking the first monthly increase after three consecutive months of decline. The stablecoin market share of the broader digital assets market, however, fell from 13.6% to 11.2%. Meanwhile, euro stablecoins surged 6.0% to a record $776 million in August, up 68.2% year-over-year.
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