Gate Crypto Flash News and Market Updates

According to CNN, citing two U.S. officials familiar with the operation, the U.S. military escorted 40 commercial vessels carrying 18 million barrels of oil through the Strait of Hormuz on Tuesday (September 3), marking a record high during wartime. Separately, according to CCTV, Iran launched a missile and drone strike against a U.S. military base in Kuwait on September 3, with eyewitnesses reporting thick plumes of smoke at the site. Kuwait's military said its air defenses were responding to t

According to Oppenheimer analyst Timothy Horan, SpaceX's stock received an upgrade to a price target of $280 on Wednesday (Sept 2), up from $250, implying 100% upside from current levels. Horan cited SpaceX's AI computing division as a key growth driver, positioning the company to capitalize on persistent chip shortages. SpaceX plans to expand its computing capacity from the current 1.4GW to over 2GW by end of 2026, with longer-term targets approaching 10GW by end of 2027.

According to Odaily, Ave.ai launched the $OAI perpetual contract pair on September 3, providing users access to OpenAI Pre-IPO asset trading. The contract supports up to 6x leverage. $OAI tracks the pre-IPO valuation of OpenAI, one of the world's leading artificial intelligence companies.

According to BlockBeats, Citrini analyst Jukan stated on September 3 that the "bottleneck trades" in the AI supply chain have concluded. All major bottlenecks have been identified, and future investment will shift toward capital rotation between known constraints rather than discovering new opportunities.

According to CNBC, iShares MSCI Brazil ETF (EWZ) surged 19% year-to-date as of September 2, outpacing Nasdaq 100's 15% gain since the start of the year. The rally builds on a 12% rise from August lows, driven by strength in commodity prices and optimism ahead of Brazil's October elections. Option market activity reflected heightened interest, with EWZ option trading volume hitting over 420,000 contracts by midday, approximately 6 times the 30-day average, according to the Chicago Board Options E

According to Dongguk University Professor Kim Gab-soon at a forum held today (September 3) in Seoul, South Korea's virtual asset accounting treatments have undergone significant changes, requiring corresponding adjustments to the tax system. Speaking at the "2027 Digital Asset Tax System Review" forum in the National Assembly Members' Building, Kim noted that accounting standards now differentiate treatment based on asset issuance, holding purpose, and transaction structure, rather than applying

According to Arbitrum Developers, the 90-day migration window from Arbitrum Nova to Arbitrum One has ended as of September 3. The network has entered minimal maintenance mode, with development and user support reduced. Users can still migrate from Nova to One, but with decreased support and fewer available bridge solutions.

According to Stanford University's Institute for Human-Centered Artificial Intelligence (HAI), the official 2026 AI Index Report released today shows the performance gap between leading Chinese and U.S. AI models has narrowed to 2.7%, with top models from both countries repeatedly switching lead positions. The report also highlights that AI agents achieved a 66% task success rate in real computing environments, up from 12%, marking a shift from information generation to task execution. Global AI

According to Goldman Sachs, on Sept 1 the bank released a preview of the Communacopia technology conference scheduled for Sept 8-11 in San Francisco. The event will feature 32 global tech companies. Goldman Sachs highlighted five semiconductor debate topics focused on the sustainability and constraints of AI infrastructure investment, noting an optimistic tone expected from participants.

According to Bloomberg, ByteDance secured a $29.6 billion loan on September 3, with Citigroup and JP Morgan Chase coordinating the financing. The facility carries a three to five year term and starts at 68 basis points over the Secured Overnight Financing Rate, or SOFR. The proceeds will be used for general corporate purposes. The deal had not been signed as of September 3 pending bank allocations.

According to Guru Club, Thai baht rallied nearly 1% to 1 USD = 32.985 baht today (September 3), marking its largest gain since June 12. The currency emerged as the best-performing Asian currency on Thursday.

According to ChainCatcher, OpenSea will add support for the Arc mainnet on September 16, the network's launch day.

According to Jin10, China's Deputy Minister of Commerce Ling Ji led delegations to conduct economic and trade consultations with European Commission Deputy Director General Ledenez from August 31 to September 2 in Beijing. The talks prepare for the second meeting of the China-EU Trade and Investment Consultation Mechanism.

According to Jin10, Thailand's central bank governor on Thursday expressed support for a proposal to impose a 0.01% tax on gold transactions, stating the levy would not harm industry interests. The bank also plans to implement additional measures to curb illegal fund flows.

According to Gain Capital, the U.S. Dollar Index fell to 99.41 today (September 3), declining 0.15% intraday.

According to Citi's official statement, the U.S. bank completed live USD transactions on Swift's blockchain-based shared ledger on September 2, marking the first time an American bank has executed real transactions on Swift's distributed ledger system. Citi processed the Middle East's first transaction with the First Abu Dhabi Bank (FAB) and Southeast Asia's first transaction with Oversea-Chinese Banking Corporation (OCBC). The transactions utilize tokenized deposits and rely on real-time gross

According to the Wall Street Journal, President Trump is discussing with senior advisers on September 3 the announcement of an end to the Iran war. Advisers have recommended to the president that a further escalation in the conflict could lead to losses for Republicans in the midterm elections.

According to Odaily, Bitget's 2026 King's Cup Global Invitation competition (KCGI) has attracted 30,337 participants across 1,122 teams as of September 3, with registration ongoing until September 22. The inaugural KCGI features a unified competitive framework spanning crypto derivatives, traditional finance contracts, and spot trading across real-yield tokens, offering participants a shared leaderboard and prize pool of 3 million USDT. The main competition runs from September 9 through Septembe

According to Odaily's Meme monitoring, DIH token on Robinhood has surpassed $1.07 million in market cap. The token's narrative centers on a "Microsoft DIH" wordplay concept, with branding emphasizing the suggestive acronym and highlighting strong visual design and artist involvement. Odaily notes DIH has also been positioned as a Microsoft-related pairing concept.

According to Chevron, the U.S. oil giant announced on Wednesday (September 2) plans to invest over $7 billion to double its crude oil production in Venezuela to approximately 600,000 barrels per day over the next five years. Chevron, currently the only major U.S. oil company with large-scale operations in Venezuela, said it has secured additional blocks in the Orinoco heavy oil belt. The company's current crude output in Venezuela stands at roughly 290,000 barrels per day, all of which is export