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
14:24
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EU Deploys First Patrol Vessel to English Channel on Sept 4 to Support French Search-and-Rescue Operations

According to the European Border and Coast Guard Agency, on September 4, the agency deployed its first patrol vessel to the English Channel to support French search-and-rescue operations for overloaded migrant vessels. The patrol ship, provided by Spain's Guardia Civil, began operations near French coastal waters this week and will work alongside surveillance aircraft already deployed in the channel since 2021. The agency emphasized its role is limited to supporting French search-and-rescue effo
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14:22
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AMC Stock Token Spikes to $18 Overnight on Robinhood Chain as CEO Challenges Legality

Robinhood Chain's AMC-linked token briefly surged to $18.04 early Friday, more than six times the underlying stock price of $2.54, before rapidly declining back to around $2.67, according to The Defiant. The deepest AMC/USDG liquidity pool recorded $10.2 million in trading volume during the spike, while token supply nearly doubled from approximately 157,844 to 1.5 million over 18 hours as arbitrage activity brought the price closer to the actual share price. AMC Entertainment CEO Adam Aron deman
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ETH0.08%
14:14
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KOSPI Closes at 6,687 on September 4, Down 1.5% as Retailers and Foreigners Sell

According to Korea Exchange data marketplace, the KOSPI index closed at 6,687.21 on September 4, down 1.5% from the previous week, amid fluctuations around the 6,700 level. Retail investors sold 2.46 trillion won worth of stocks, while foreign investors offloaded 2.04 trillion won. Institutional investors also sold approximately 2 trillion won. Other corporates, however, purchased 6.50 trillion won, the largest buyer group. NH Investment & Securities researchers noted that the VKOSPI volatility
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14:01
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LeBron James Announces Partnership with Polymarket, Sports Focus Likely

According to Odaily, NBA star LeBron James announced today a partnership with prediction market platform Polymarket. James visited Polymarket's headquarters and posted on X with "Coming Soon," signaling the collaboration is imminent. In a video from the visit, James selected the "sports" category from options including crypto, sports, economics, culture, weather, and esports, suggesting the partnership may focus on sports-related predictions.
13:55
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Trump Calls for Fed Rate Cuts After August Jobs Data Beats Expectations

According to ChainCatcher, U.S. President Trump urged the Federal Reserve to cut interest rates on the back of stronger-than-expected August employment data. U.S. employers added 162,000 jobs in August, roughly double to triple the expected level, Trump said. He argued the nation's improved credit situation warrants lower rates and that the U.S. should enjoy the world's lowest interest rates.
13:41
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Pineapple Financial Tokenizes $1 Billion in Residential Mortgages on Injective

According to Injective's official announcement on September 3, Pineapple Financial tokenized more than $1 billion in residential mortgage records on the Injective blockchain. The lender migrated 2,079 mortgage files to the blockchain, representing roughly 7% of its overall $10 billion mortgage portfolio. The blockchain records provide a digital layer for recording and verifying mortgage information while preserving the original loan agreements. Pineapple Financial plans to expand the initiative
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INJ3.60%
13:39
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Iranian VLCC 'DOWNY' Sustains Engine Room Damage in Apparent Attack Today

According to Tankertrackers, the Iranian VLCC 'DOWNY' operated by the National Iranian Tanker Company sustained damage to the engine room today (Sept 5, around 12:45 PM Beijing time). Satellite imagery showed the vessel in ballast condition with no oil cargo, and multiple tugboats were active around the ship's port stern, consistent with vessel identification system data. Thermal imaging showed no visible fire or smoke.
13:34
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Crypto Market Liquidates $135M in 24 Hours, 60,331 Traders Hit

According to Coinglass data, the crypto market saw $135 million in liquidations over the past 24 hours, with long positions accounting for $56.55 million and short positions for $78.73 million. A total of 60,331 traders were liquidated during the period, with the largest single liquidation occurring on Binance BTCUSDT at $4.43 million.
13:22
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TARA Plummets 25.49% to $0.00002484 in 30 Minutes

TARA's price fell 25.49% to $0.00002484 in the last 30 minutes amid broader altcoin volatility. The token peaked at $0.00003427 earlier today before the sharp decline, which follows a 26.43% drop over the past 24 hours. With a current market cap of $166,398 and 24-hour trading volume of $41,940, the token is experiencing significant liquidity constraints as traders reassess positions across the altcoin sector.
13:19
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Republican Consumer Confidence Plunges Over Past Six Months, Nearing 2008 Crisis Levels

According to Axios, over the past six months, Republican consumer confidence in the U.S. economy has declined at the fastest pace since the COVID-19 pandemic, reaching levels comparable to the 2008 financial crisis period. Despite Republicans controlling the White House, GOP voters have turned increasingly pessimistic about the economy this year. University of Michigan consumer survey director noted that Republicans initially held strong expectations for the government's economic policies, inclu
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13:13
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DeepSeek Plans to Deploy 160,000 Huawei Ascend 950DT Chips in Inner Mongolia Data Center

According to Guru Club, on September 5, DeepSeek plans to deploy at least 160,000 Huawei Ascend 950DT chips in a data center being built in Inner Mongolia for model inference. If completed as scheduled, this would become one of the largest domestic AI chip clusters known to date, with the facility planned to operate at gigawatt-level power capacity. DeepSeek and Huawei are jointly designing Ascend supernode architecture to optimize long-context reasoning, reduce latency, and improve throughput.
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13:12
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Polymarket Wallets Bet $3.6 Million Against Clarity Act Passing by End of 2026, Sept. 4

According to on-chain analysis from PredictBook, six Polymarket wallets placed $3.6 million in bets against the Digital Asset Market Clarity Act becoming law before Dec. 31, 2026, as of Sept. 4-5. The largest position, wallet TahitiBob, holds over 1 million "No" shares at an average entry price of $0.855, spending approximately $456,000 on Sept. 4 alone. The timing coincides with the Senate's scheduled Sept. 15 procedural vote on the bill. If the Clarity Act fails to pass, the six wallets would
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13:10
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El Salvador President Bukele Denies El País Report on Bitcoin Control Transfer

According to Bitcoin News, El Salvador President Nayib Bukele denied on X platform reports claiming the country transferred majority ownership and control of its over 7,763 bitcoins to private operators, calling the El País article "completely false." Bukele clarified that the International Monetary Fund statement cited by El País referred to Chivo wallet shares, not El Salvador's strategic bitcoin reserves.
BTC0.30%