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
18:42
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Oracle Books $30B in AI Contracts, Secures $11.36B Customer Prepayments for Data Center Expansion

Oracle collected $11.36 billion in customer prepayments during its fiscal first quarter ending August 31, 2026, funding a significant portion of its data center network expansion. Cloud infrastructure revenue more than doubled year-over-year, climbing 121% to $7.4 billion, while total cloud revenue reached $11.6 billion, up 62%. During the quarter, the company deployed 850 megawatts of new data center capacity and supplied over 300,000 GPUs to AI clients including OpenAI, xAI, and Meta. Oracle's
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18:42
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OKX Adds OpenAI, Anthropic Pre-IPO Perpetuals in Europe With 10x Leverage

OKX has launched pre-IPO perpetual futures tied to OpenAI and Anthropic in Europe, allowing traders to take long or short positions with leverage of up to 10 times. The contracts track the companies' valuation expectations but do not provide ownership, voting rights, or direct claims on private shares. OKX Europe CEO Erald Ghoos noted that derivatives demand has accelerated in the region since the end of the European Union's Markets in Crypto-Assets transition period in July, with X-Perps tradin
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18:42
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Bitcoin Suisse Cuts 60 Positions (50% of Swiss Staff) in Major Restructuring Push

According to Crypto Briefing, Bitcoin Suisse is cutting 60 positions, representing roughly half of its 120-person Swiss workforce, as part of a major operational restructuring. The layoffs primarily affect back-office, administrative, and software development roles, which will be consolidated into existing operations in Bratislava and a new development site in Vietnam. The company is also shutting down its IT office in Copenhagen. A consultation period with affected employees concludes on Septem
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18:37
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Medvedev Denies Russia Plans to Attack Europe on September 11

On September 11, Medvedev, Russia's Security Council deputy chair and United Russia party chair, denied that Russia has any military targets against Europe. He stated that European leaders' claims that "Russia intends to attack Europe" are intended to justify their Ukraine aid policy and achieve geopolitical advantage over Russia.
18:21
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OpenAI Asks Congress Whether AI Rivals Could Legally Coordinate Development Slowdown

According to WIRED, OpenAI asked lawmakers in recent weeks whether rival AI companies could legally agree to slow development, citing potential antitrust concerns. The inquiry follows chief scientist Jakub Pachocki's recent call for voluntary industry slowdowns to allow safer demonstration of AI systems. However, experts note that commercial and geopolitical competition creates intense pressure for companies to advance independently; financial incentives from each breakthrough make coordination
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18:05
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9/11 Families Demand Trump Hold Saudi Arabia Accountable on Anniversary

On September 11, families of 9/11 victims called on President Trump to hold Saudi Arabia accountable for alleged involvement in the attacks during a memorial ceremony. Terry Strada, representing the families, demanded that Trump tell Saudi Arabia to stop lying. The families criticized the U.S. government for prioritizing relations with Saudi Arabia over supporting the victims' relatives. Saudi Arabia has consistently denied involvement and cited support from the FBI and CIA.
18:01
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Chevron CEO Warns Oil Price Buffers Exhausted, Forecasts Upside Risks Through Year-End

According to Chevron CEO Mike Wirth on Friday (September 11), supply buffers deployed since the Iran war began in late February have been exhausted, with oil prices facing upside risks over the coming months. Speaking at an energy conference at the University of Texas at Austin, Wirth stated it is now difficult to envision oil prices declining sharply in the near term, as the Iran conflict and Ukraine's ongoing attacks on Russian refineries simultaneously compress global crude and refined produc
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17:59
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U.S. August Budget Deficit Comes in at $166.8B, Below $220B Forecast

The U.S. government budget deficit for August came in at $166.8 billion, beating expectations of $220 billion and improving from the prior month's $344.8 billion shortfall. The better-than-expected result marks a significant improvement in fiscal performance compared to the previous month's deficit.
17:51
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Jefferies Shuts Down US Fixed Income Desk Only Months After Tech Investment

According to FinanceFeeds, Jefferies is shutting down its outsourced fixed income trading desk in the U.S., less than a year after officially launching it in November 2025. The wind-down will result in the departure of Joram Siegel, who heads fixed income outsourced trading at the firm. The closure comes just months after Jefferies announced in February 2026 that it had selected TS Imagine's integrated order and execution management platform to support the fixed income operation. The rapid rever
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17:49
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Mitsubishi UFJ Expects Fed to Raise Rates 25 Basis Points This September

Mitsubishi UFJ has revised its forecast and now expects the Federal Reserve to raise interest rates by 25 basis points this September, after previously anticipating the central bank would hold rates steady through year-end. Strategists George Goncalves and Agron Nicaj cited Fed Chair Powell's hawkish remarks at Jackson Hole, solid August employment data, and Friday's CPI reading above expectations as reasons for the forecast adjustment. The bank expects the Fed to hold rates steady in October.
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