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
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China-Cambodia Public-Private Dialogue Mechanism Holds Second Meeting in Phnom Penh on September 3

According to Ambassador Wang Wenbin of China, the second dialogue mechanism meeting between China and Cambodia's public and private sectors was held in Phnom Penh on September 3. The ambassador stated that the mechanism should prioritize addressing enterprise pain points including labor permits, tax collection, and customs facilitation. Key cooperation areas highlighted include infrastructure, advanced manufacturing, modern agriculture, digital economy, and renewable energy, aimed at supporting
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US Spot Bitcoin ETFs Report $731M Net Inflows on Thursday, Largest Day Since January

According to SoSoValue data via The Block, U.S. spot bitcoin exchange-traded funds saw net inflows of $730.9 million on Thursday, marking the largest single-day amount since January 14. BlackRock's IBIT led the inflows with approximately $454 million, while six other funds including Fidelity and Grayscale also reported inflows. The surge followed anticipation of an improving macroeconomic environment, particularly after Federal Reserve Governor Christopher Waller signaled openness to holding rat
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BTC3.85%
08:49
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South Korea's ETF Daily Turnover Rate Plunges to 34.2% in August Amid Leverage Restrictions

According to the Korea Exchange on September 4, the average daily turnover rate of South Korea's ETF market fell to 34.2% in August, down sharply from 51.7% in July. The decline follows leverage-linked ETF regulations implemented on July 31, which included increased margin deposit requirements, reducing short-term day-trading activity. The KOSPI 200 volatility index closed at 39.33, marking its first close below the 40 level in approximately six months, signaling eased market volatility and redu
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08:49
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South Korea's Venture Investment Hits Record 8.87 Trillion Won in H1 2026, But IPO Market Contracts Sharply to 27 Listings

According to Seoul Economic, South Korea's venture investment reached a record 8.87 trillion won in the first half of 2026, yet the primary exit channel for venture capitalists—initial public offerings—has contracted significantly. As of September 4, only 27 new companies have listed on KOSDAQ this year, down sharply from 69 in 2025. Meanwhile, the government has expanded the National Growth Fund from its original 150 trillion won to 200 trillion won, with plans to inject 40 trillion won this ye
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08:49
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Canadian PM Kanie Calls U.S. Tariffs on Canada "Miscalculation" on Sept 3

According to Jin10, Canadian Prime Minister Kanie criticized U.S. tariffs on Canada on September 3 during a visit to Ontario's manufacturing sector, calling the move "a miscalculation." He emphasized that "Canada has made the right decision" and possesses "everything needed to build an ideal nation." Kanie reiterated Canada's commitment to protecting its culture and maintaining sovereignty in trade negotiations with other countries. He stated that Canada remains willing to negotiate with the U.S
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08:42
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GCash Parent Mynt Secures SEC Clearance for Record P92.32B IPO, October 20 Listing Planned

According to Rappler, GCash's parent company Mynt Inc. secured SEC clearance on September 4 to proceed with what will likely be the Philippines' largest IPO at P92.32 billion. Share offerings will run October 6-12, with listing on the Philippine Stock Exchange under ticker GCASH targeted for October 20. Shares may be priced up to P10 each, giving an expected initial market capitalization of P668.96 billion.
08:41
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Shiba Inu Tests $0.00000536 Resistance as Vitalik Buterin's 50 Trillion SHIB Burn Remains Historical Anchor

SHIB trades near $0.00000521 today, up 0.7% in 24 hours and holding above key moving averages in a sign of bullish momentum. The token sits inside a rising channel on the four-hour chart, with the next critical resistance at $0.00000536; a breakout could push prices toward $0.00000575 and $0.00000622. SHIB's market capitalization stands near $3.073 billion, ranking it 33rd among cryptocurrencies. In May 2021, Ethereum co-founder Vitalik Buterin burned 50 trillion SHIB by donating them to India's
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SHIB1.79%
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Wintermute Ventures Joins OpenReserve $25M Seed Round on September 3

According to Foresight News, Wintermute Ventures participated in OpenReserve's seed funding round announced on September 3. The emerging bank completed the $25 million seed round in April, led by a16z crypto, with participation from Jump Capital, Acrew, Coinbase Ventures, Clocktower, Quona, and AAF Management.
08:37
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Apple Limits Foldable iPhone Production to Few Hundred Units Daily Amid Quality Control Demands

According to Nikkei Asia on Friday, Apple is producing only a few hundred foldable iPhones daily in late August, primarily due to the company's stringent quality control standards. The company added an extra trial run in August ahead of full production, as it focuses on surface flatness and hinge performance. Despite these constraints, Apple is working to ramp up output and has targeted production of 8 million to 10 million foldable iPhones this year. Achieving this goal would require tens of th
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Thailand Suspends 49 Data Center Projects on September 4 Pending New Regulations

According to ChainCatcher, on September 4, Thailand's government suspended 49 data center projects pending new regulatory rules. The suspension was announced by Danucha Pichayanan, secretary-general of Thailand's National Economic and Social Development Council, citing the government's need to establish new monitoring rules for existing and upcoming data centers. Thailand's Data Center Regulatory Committee, chaired by the finance minister, held its first meeting on Friday. The committee is expec
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