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
13:03

India Plans Free Trade Agreements with GCC and Israel Once Middle East Stabilizes

According to Jin10, India's Commerce Minister Piyush Goyal announced on September 2 that India plans to sign free trade agreements with the Gulf Cooperation Council (GCC) and Israel once the Middle East situation improves. Goyal stated the agreements with Israel and GCC members—Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain—will be finalized "after the situation stabilizes." The move aims to diversify India's export markets.
13:02

Apple Sets CEO John Ternus Pay at $3M Salary, $55M Equity Award on September 1

According to Apple's Form 8-K/A filing on September 1, 2026, newly appointed CEO John Ternus received a compensation package of $3 million base salary and a fiscal 2027 equity award target of $55 million, with 75% contingent on Apple's total shareholder return relative to S&P 500 peers. Outgoing CEO Tim Cook, transitioning to Executive Chair, receives a $45 million award split 50/50 between performance and time-based vesting, meaning Cook's guaranteed equity of $22.5 million exceeds Ternus's $13
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13:02

Coinbase Transfers $203.3M USDC to Unknown Wallet

According to Whale Alert, Coinbase transferred 203,300,497 USDC ($203.3 million) to an unknown wallet on September 2. The transaction fits a broader pattern documented by Crypto Briefing, with similar nine-figure USDC transfers moving through Coinbase throughout 2026, ranging from approximately $199 million to $272 million.
USDC0.01%
13:01

MongoDB Stock Falls 12% as CEO Eyes Atlas Growth Inflection Within Few Quarters

According to CNBC, MongoDB (MDB) CEO Chirantan Desai said on Tuesday he was surprised by the stock's sharp 12% pre-market plunge, noting that the company delivered strong earnings, beat guidance handily, and raised its full-year Atlas outlook by 300 basis points. Desai defended Atlas' 29% growth, which the business has sustained for five consecutive quarters, stating that an acceleration inflection "could be just a few quarters away" as enterprises transition AI projects from experimentation to
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13:01

$U Stablecoin Launches on Kraken with USD Trading Pair

According to Odaily, dollar-anchored stablecoin $U has officially launched on Kraken, with USTABLES/USD trading pair now available. The stablecoin has been live for approximately nine months, with a current circulation market cap of around $1.27 billion and daily trading volume of about $200 million. $U is available on multiple chains including BNB Chain, Ethereum, and TRON, and has previously listed on major exchanges such as Binance.
ETH-2.82%
TRX-0.88%
13:01

Trader Bonkguy Predicts USELESS as Next Billion-Dollar Meme Coin, Citing Track Record of 20x+ Returns

According to Odaily, trader Bonkguy (unipcs) shared on X that USELESS will be the next major meme coin of this cycle, with potential to reach multi-billion market cap similar to DOGE or SHIB. The trader cited a track record of successful meme trades, including BONK (16k to 20m USD), WIF (6k to 1m+ USD), FARTCOIN (300k to 8m USD), PNUT and POPCAT (low six figures to 1m+ USD), and other tokens delivering 5x to 100x+ returns. Bonkguy stated this is the meme trade where he has the highest confidence
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USELESS6.60%
MEME-1.67%
DOGE-2.10%
SHIB-1.06%
BONK-6.98%
12:58

Kravata Launches on Sui Blockchain, Brings Stable Coin Infrastructure to 5M Latin American Users

According to PANews, stable coin payment platform Kravata officially launched on the Sui blockchain on September 2. The platform provides compliant stable coin infrastructure for Latin America, including transfers, payments, merchant settlement, and embedded global account services with zero gas fees and settlement within seconds. Kravata currently serves approximately 5 million users in the region, with operations now running through the Sui network.
SUI-2.08%
STABLE-0.06%
12:56

GoPro Shares Surge 40% After Announcing Merger, AI Data Center Expansion

According to CNBC, GoPro shares surged 40% yesterday after the company announced a merger and said it would expand into AI-driven data centers and defense markets. The stock move comes as oil prices jumped above $90 per barrel following U.S. strikes on Iranian targets, weighing on broader equity sentiment.
12:55

S&P 500 and Nasdaq 100 ETFs Show 8%+ Return Gap as Korean Won Rises to 11.9% High on Sept 1

According to Herald Economy, on September 1, currency-hedged and unhedged U.S. stock ETFs tracking the same indexes showed significant performance divergence as the South Korean won strengthened against the dollar. KODEX S&P 500 delivered a negative return of -7.68% over three months, while its hedged counterpart KODEX S&P 500(H) gained 0.89%, a gap of 8.57 percentage points. Similarly, TIGER Nasdaq 100 fell -11.88% versus TIGER Nasdaq 100(H) at -3.68%, a difference of 8.20 percentage points. Th
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12:55

Milei's Social Media Influence Declines 72%, Down to 3.7M Mentions From Peak 12.6M

According to Bloomberg and data from transmission agency Ad Hoc, Argentina President Javier Milei's social media influence has significantly weakened on September 2. Mentions of Milei across social platforms and websites dropped to approximately 3.7 million in June 2026, a 72% decline from the peak of 12.6 million in February 2025. His engagement on X posts has also fallen 62% since taking office. The decline reflects multiple factors: several members of Milei's digital team have resigned or bee
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12:53

Ethylene Glycol Futures Hit Daily Limit, Up 5.98% on Sept 2 Amid U.S.-Iran Tensions

According to financial data provider Jin10, ethylene glycol (EG2610) futures hit the daily limit on September 2, closing at 5,809 yuan per ton, up 5.98% (328 points). Open interest surged 45,800 contracts to 379,700 total, reflecting strong buying momentum. The rally was driven by U.S.-Iran tensions escalating geopolitical risks around the Strait of Hormuz, a critical shipping chokepoint for Middle Eastern cargoes. China imports over 60% of its ethylene glycol supply, making the market highly se
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12:53

Norway's Southern Hydropower Reserves Hit Historic Low of 15.6 TWh, Down to 30-Year Record Low on September 2

According to Jin10 data on September 2, Norway's southern hydropower reservoir levels dropped to historic lows of 15.6 TWh, below the previous record of 15.7 TWh set in 1996. As one of Europe's largest electricity exporters, Norway's hydropower system typically provides crucial flexibility to neighboring markets when wind and solar output falls short. The depleted reservoir levels weaken this buffer capacity and increase risks of significant electricity price spikes across Europe this winter, po
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12:52

NVIDIA Invests $3.5B in MediaTek This Week to Integrate Rival AI Chips Into Its Architecture

According to Yahoo Finance, NVIDIA announced a $3.5 billion investment in Taiwan chip designer MediaTek this week to help customers develop custom AI chips that integrate deeply with NVIDIA's broader infrastructure ecosystem. Through NVIDIA's NVLink Fusion technology, customers can develop chips that compete with NVIDIA GPUs while remaining integrated into NVIDIA's data center architecture, allowing NVIDIA to retain infrastructure sales even as it cedes ground in standalone chip sales. The strat
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12:47

Fed to Hold Rates Steady in September With 37.8% Probability, According to CME FedWatch

According to CME FedWatch Tool on September 2, the Federal Reserve has a 37.8% probability of maintaining interest rates unchanged in September, with a 62.2% probability of a 25 basis point rate hike. For October, the probability of holding rates steady stands at 26.9%, while the odds of a 25 basis point increase are 55.2% and a 50 basis point hike at 17.9%.
12:45

Solana Foundation Chair: Real-World Assets, Tokenized Funds Entering 'Super Cycle' on September 2

According to Solana Foundation Chair Lily Liu on September 2, funds and assets are migrating to always-on blockchain infrastructure, entering a long-term "token super cycle." Tokenization extends beyond moving assets on-chain; it fundamentally transforms how value is issued, held, financed, and traded in markets that never close. Over the past year, Solana recorded billions of dollars in real-world asset transactions, including tokenized U.S. Treasury bonds, equities, and private credit. Stablec
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SOL-4.14%