Gate Crypto Flash News and Market Updates

According to Vice President JD Vance in an interview with Fox News on September 1, the United States' current focus in its operations against Iran is ensuring that commercial activity can freely transit the Strait of Hormuz. Vance stated that a U.S. military strike on Larrak Island on Sunday aimed to prevent Iran from laying mines in the strategic waterway. The vice president criticized Iran's leadership for attempting to block oil and natural gas exports, calling the approach lacking in strateg

WTI crude and Brent oil declined about $0.6 per barrel in short-term trading, now trading at $85.48 and $90.42 per barrel respectively.

According to BitMine's official disclosure filed with the SEC on Monday, the company bought 53,501 Ether in the week to August 30, marking its 65th consecutive weekly purchase since the program began on June 30, 2025. BitMine's total ETH holdings now stand at 5,901,112, representing 4.9% of the 120.7 million ETH total supply. Combined crypto, cash, and marketable securities totaled US$15.6 billion, with 5,067,309 ETH staked at a 2.67% seven-day annualized yield through its validator network.

Kalshi's Compliance Department permanently banned George Santos on Aug. 28, imposing a $71,356 penalty for six rule violations on the prediction market platform. The platform found Santos profited $17,839.57 through prohibited trading. The ban is Kalshi's first lifetime suspension in company history, according to a statement from the platform. However, the Commodity Futures Trading Commission reached a different conclusion. In its July 31 order, the CFTC recognized Santos's cooperation in its in

According to Foresight News, Arrow Finance, a DeFi protocol in the Robinhood ecosystem, recently announced the integration of Rialto's Swap API. The integration allows users to exchange tokenized stocks and other assets directly on the Arrow Finance platform without leaving the application, while simultaneously participating in Arrow's DeFi strategies.

At SEMICON today, TSMC and AMD unveiled next-generation water-cooling technologies featuring integrated water-cooling plates without thermal interface materials (TIM-less), aimed at addressing heat dissipation challenges in high-power AI chips. AMD introduced a Lidless Package design reducing thermal resistance, while TSMC's approach aims to achieve direct contact between water-cooling plates and chips, eliminating multiple thermal layers. Industry sources report that Apacer, QC, Jeston, and Hun

According to Jin10, aluminum prices rose amid improved market sentiment on September 1, driven by U.S. Treasury expansion of long-term debt buybacks and Nvidia's stronger-than-expected Q2 earnings boosting AI infrastructure investment. On the fundamentals side, downstream demand eased slightly, but aluminum plate, foil, and extrusion demand remained stable. Aluminum exports and recycled material consumption stayed robust. Prices are expected to oscillate between 23,800 and 24,300 yuan per ton, w

According to LSEG data, the U.S. 10-year Treasury yield rose to 4.786% today, reaching its highest level since January 2025.

According to Koyfin, Tesla stock surged 18% in August, significantly outperforming major competitors. Rivian gained 5.5%, while General Motors, Ford and Stellantis fell 2.9%, 4% and 4.7% respectively. Chinese EV makers declined more sharply: BYD dropped 7.5%, Li Auto fell 11.2%, XPeng slid 12.6%, and Nio declined 13.3%. Wall Street's average 12-month price target for Tesla stands at $390.09, implying 6% upside, with analysts holding an overall 'Buy' consensus. Ahead of Tesla's Sept 3 Cybercab ev

According to the Ministry of Trade, Industry and Energy, South Korea's exports in August surged 68.7% year-over-year to $98.25 billion. Cumulative exports for the first eight months of 2026 reached approximately $694 billion, surpassing last year's full-year total. The ministry indicated that achieving an annual export target of $1 trillion is now highly feasible, with cumulative trade surplus expected to exceed $300 billion. Semiconductors dominated the export mix, accounting for 47.5% of Augus

According to Yonhap InfoMax, Meritz Securities officially launched MOUM, a new investment platform, on Sept 1 in Seoul. The platform integrates stock trading, AI analysis, and global communities, connecting to U.S. social investment platforms Stocktwits and Webull to provide real-time reactions from international investors. Users can view foreign investor responses and execute trades directly within the app. MOUM also partnerships with Nasdaq, Morning Star, Benzinga, and Amazon Web Services. The

According to StableStock's official announcement on September 1, the stablecoin-based global stock investment platform launched Korean stock trading services, allowing users to trade 300+ Korean stocks and ETFs using stablecoins. Supported securities include Samsung Electronics, SK Hynix, Hyundai Motor, NAVER, and Kakao. The platform previously enabled stablecoin access to U.S. and Hong Kong stocks, and now extends this capability to Korean markets, offering real shares for global investors via

According to Dailian, South Korea's virtual asset taxation system will take effect on January 1, 2027, imposing a 22% tax on capital gains and lending income exceeding 2.5 million won in annual transactions. The policy targets approximately 13 million cryptocurrency investors. However, critical regulatory details remain unclear ahead of implementation, including tax treatment for staking rewards, airdrops, and decentralized finance activities, as well as how losses can be carried forward between

According to KOSCOM data, as of September 1, foreign investors recorded net sales of 169.6 trillion won on South Korea's KOSPI market year-to-date, marking a 36-fold increase compared to the full 2025 outflow of 4.65 trillion won. Of the eight months through August, foreign investors achieved net buying in only two months—January (1.19 trillion won) and April (1.13 trillion won)—with significant selling in May (48.6 trillion won) and June (44.7 trillion won). On September 1 alone, foreign invest

The 30-year U.S. Treasury yield remained above 5% for 55 trading days through August 31, marking the longest stretch since 2006, according to market data. As of Tuesday, September 2, the 30-year yield was reported at 5.27%, with the rate climbing to 5.34% in mid-August—the highest level since 2007 and just 10 basis points away from a 22-year high. The sustained strength in long-dated yields reflects persistent fiscal concerns, ongoing corporate bond issuances, and expectations around potential F

South Korea's government confirmed its revised 2026 tax reform plan on September 1, according to the Ministry of Economy and Finance. The government maintained the current terms for Individual Savings Accounts (ISA), keeping the mandatory 3-year holding period (after which unlimited extensions are allowed) and preserving annual contribution carryover provisions. For comprehensive property tax, the non-resident single-home basic deduction remains at 1.2 billion won, and the tax burden cap stays a

On September 1, South Korea's ruling Democratic Party endorsed the government's 2027 budget proposal, stating it represents a record-scale fiscal investment to support economic growth and reduce structural inequality. According to the party's policy committee statement, the budget allocates 84 trillion won toward three mega-projects and future growth engines, with an additional 160 trillion won directed at addressing structural wealth gaps. The party highlighted that despite expanded fiscal spen

According to BlockBeats and GMGN, on Sept 1, the Robinhood blockchain-based meme coin Rabbit hit $15.56 million market cap in just 9 hours following its launch on the o1 platform. The meme coin is paired with U.S. stock WYFI, an AI infrastructure company listed in 2025 that operates data centers and HPC cloud services.

According to BlockBeats citing GMGN monitoring, the BSC Meme coin「牛来」holds a market cap of approximately $99 million with 53,500 holders on September 1. Among all token holders, the top three addresses by unrealized profit are: 0x0121 with $1.8557 million total profit ($1.1835 million unrealized); 0xf1be with $1.7165 million total profit ($1.18 million unrealized, no sell records); and 0x696d with $1.2666 million total profit ($1.052 million unrealized). Among flagged KOLs, GMGN co-founder Haze

According to Bloomberg, Apple filed a court motion on Monday alleging that OpenAI is destroying evidence in a trade secrets lawsuit. The iPhone maker accused former Apple engineer Chang Liu of downloading a confidential circuit schematic after joining OpenAI in January, then using it in his work at the AI company. Apple said forensic review of a MacBook Liu used showed he retained unauthorized access to Apple's cloud storage accounts and instructed OpenAI colleagues to destroy evidence. The comp