Gate Crypto Flash News and Market Updates

According to PANews, Coinbase Chief Executive Officer stated today (September 10) that he believes the bitcoin price cycle has bottomed out. The executive also expressed optimism regarding stablecoin payments.

According to PANews, Alibaba leads a $300 million funding round for UniPat AI today (September 10), valuing the company at $2.5 billion.

According to PANews, on September 10, Coinbase CEO expressed a desire to introduce tokenized stocks in the United States as soon as possible.

According to GMGN data, StonkFun platform token STONK briefly recovered above $180 million market cap today, trading at $179.6 million with a 24-hour gain of 24.86%. The token recorded $94.1 million in 24-hour trading volume.

According to Jin10 Futures, on September 10, PTA prices continued to rise as crude oil costs increased following escalating U.S.-Iran tensions and a fire at Saudi Arabian oil facilities. Crude oil prices remained elevated, strengthening cost support for PTA, with market participants concerned about potential supply tightness. Available PTA supply for delivery this week and next week is limited, with current basis spreads elevated.

According to Yahoo Finance, Apple unveiled its first foldable iPhone on September 9, with new CEO John Ternus presenting the iPhone Duo. The device features a 7.6-inch seamless inner display when fully unfolded and an external screen. It launches October 23 at $1,999. Apple's stock dipped 1% immediately after the announcement, closing down 0.28%, likely reflecting "sell-the-news" sentiment following widespread pre-announcement leaks.

According to Chubu Electric Power, the Japanese utility company overcharged approximately 5 million contract customers on electricity bills due to a calculation error, announced on September 10. Affected households paid up to 152 yen extra per month over an extended period.

According to Odaily, Unitree Technology's A-share stock price fell below 500 yuan per share for the first time today, with a market capitalization of 202.1 billion yuan. The stock reached an all-time high of 1,100 yuan per share on its listing day, when the market cap briefly soared to 444.9 billion yuan. The stock has since shed over 240 billion yuan in market value from its peak.

According to OpenAI's official announcement, the company appointed Paul Christiano to its Foundation Board and named him a non-voting observer on the OpenAI Group PBC board. Christiano, a senior tech adviser at the US National Institute of Standards and Technology's Center for AI Standards and Innovation, will also join the Foundation Board's Safety and Security Committee. He founded the Alignment Research Center, a nonprofit focused on aligning advanced AI systems with human interests, and prev

According to BlockBeats, on September 10, Nate, founder of Long.xyz (a meme coin issuance platform on Robinhood chain), announced plans to build "a distribution mechanism independent of blockchain and crypto cycles" in the coming days.

According to Jin10, on September 10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) declined across most tenors. One-year HIBOR fell to 1.65939%, marking its lowest level since July 21. Overnight HIBOR rose 1 basis point to 1.37788%, while one-week HIBOR decreased to 1.40182%, touching its lowest since August 24.

According to Guru Club, Nobel Prize-winning economist Philippe Acemoglu said on September 10 at the 2026 Inclusion Bund Conference that AI could boost annual productivity growth by an additional 1.08 percentage points over the next decade, potentially surpassing the impact of the IT revolution. However, Acemoglu warned that realizing this technological potential depends on whether competitive policies, education systems, and labor market institutions can keep pace. He emphasized that technologic

According to Korea Exchange and KOSCOM, as of 10:45 a.m. on September 10, South Korean retail investors accumulated 41.8 billion won ($31.4 million) in net purchases of KODEX WTI Crude Oil Futures Inverse ETF, ranking 10th among domestic listed ETFs. The inverse product tracks -1x daily returns of WTI futures, allowing investors to profit when oil prices fall. Samsung Bloomberg Inverse 2X WTI Crude Oil Futures ETN B also saw 28.8 billion won in net inflows, ranking 15th. WTI crude surged to $96.

According to PANews, Unitree Robotics stock price fell below 500 yuan per share today, September 10, with market cap declining to 212.1 billion yuan. The stock has lost more than 240 billion yuan in market value since its IPO peak, when it surged to 1,100 yuan per share and reached a market cap of 444.9 billion yuan.

According to Jin10, on Sept 10, South Korea's central bank warned of growing risks from offshore derivatives linked to local chip makers. The Bank of Korea submitted a report to parliament highlighting that concentrated exposure to semiconductor stocks, portfolio rebalancing by foreign investors, and domestic leverage accumulation have amplified KOSPI volatility from January to July. The central bank noted that global banks and ETF managers hedging total return swaps have traded Korean spot stoc

According to CNBC, Ant International, Visa, and Mastercard have launched a collaboration to establish a "Know Your Agent" (KYA) interoperability framework, setting unified standards for AI agent identity verification and transaction monitoring. The framework enables AI agents verified on one network to operate across ecosystems. McKinsey projects that by 2030, AI agents could participate in $3 trillion to $5 trillion in global consumer transactions.

According to Bank of America analyst Ebrahim Poonawala, as reported by Bloomberg, JPMorgan approached $942.9 billion in market capitalization on September 9, positioning it to become the first bank to break the $1 trillion threshold. Despite valuations significantly below the broader market, Poonawala believes JPMorgan could attract new investors seeking a "scarcity premium" upon entering the exclusive trillion-dollar club, currently dominated by tech giants like Nvidia, Alphabet, and Apple. JPM

According to ChainCatcher and Lookonchain, whale address 0x8e48 purchased 116,427 HYPE tokens worth approximately $9.91 million 6 hours ago. Over the past 8 months, the whale has accumulated a total of 1.89 million HYPE (approximately $159 million) through Galaxy Digital and staked the entire position.

According to BlockBeats, on September 10, Yushu Technology's A-share stock price fell below 500 yuan for the first time, dropping nearly 3 percent, with a market cap of 201.2 billion yuan. The company's market capitalization has evaporated over 240 billion yuan from its all-time high of 444.9 billion yuan, set at IPO when the stock reached 1,100 yuan per share.

According to CoinMarketCap, as of last week (September 10), the global tokenized stock market reached $2.55 billion in total value locked, with over 1 million holders and $1.7 billion in on-chain trading volume recorded. Active traders surged to 235,000. bStocks dominated trading activity, generating 88% of the market's trading volume despite representing only 26% of total TVL. Ondo held 42% of TVL but accounted for just 2% of trading volume, while xStocks commanded 32% of TVL with 10% trading v