Gate Crypto Flash News and Market Updates

According to Bloomberg, Cognition AI Inc. is completing a funding round that will raise approximately $1 billion and value the AI coding startup at about $47 billion. The company has received investment interest totaling nearly $10 billion, suggesting the final funding size could exceed the initial target amount.

On September 2, Democratic Party lawmaker Oh Ki-hyung called for institutional separation between financial policy and financial supervision functions during an MBC radio interview. Speaking on market stability measures, Oh emphasized that financial regulators must maintain independence to protect consumers and ensure market stability, rather than prioritizing market activation initiatives. The proposal revisits a 2025 Democratic Party reform plan to merge the Financial Services Commission and F

According to Japan's GPIF and Daiwa Research Institute, the Government Pension Investment Fund held a management committee meeting on August 21 to review adjustments to its basic investment portfolio. The rare August meeting marks the first portfolio review discussion in seven years and comes shortly after Japanese government officials, including Finance Minister Katayama Satsuki and Prime Minister Takaichi Sanae, called in mid-July for expanded domestic investment by the fund. GPIF manages appr

According to Yonhap Infomax, on September 2, Bank of Korea Governor Shin Hyun-song emphasized that now is the time to prepare for AI expansion, stating that South Korea is positioned at the center of the AI ecosystem and benefits from unprecedented semiconductor production and AI-driven investments. Shin highlighted that demographic transition is one of the most critical long-term challenges facing central banks, as it determines changes in productivity, potential growth rates, and long-term equ

According to Yonhap Infomax, on September 1, U.S. Treasury Secretary Scott Bessent dismissed concerns about accelerating global bond selloffs and rising interest rates during a G20 finance ministers meeting in Asheville, North Carolina. Bessent stated, "We don't think we're in any serious situation," and emphasized that the U.S. bond market is "performing best globally" since President Trump took office on January 20, 2025. On the day, the 10-year U.S. Treasury yield rose to 4.80% intraday, reac

According to Korea Exchange, as of September 2, South Korea's KOSPI index has surged 62.2% year-to-date while the KOSDAQ has declined 11.2%, widening the performance gap to 73%—the largest since KOSDAQ's launch in 1996. The divergence is driven primarily by SK Hynix and Samsung Electronics, which have posted year-to-date gains of 153% and 111% respectively, fueled by demand for AI-related memory chips. To address KOSDAQ's underperformance, South Korea plans to introduce a market tier system star

According to PANews citing SoSoValue data, Hyperliquid (HYPE) spot ETFs recorded net inflows of $17.563 million yesterday (September 1, U.S. Eastern Time). Grayscale Hyperliquid Staking ETF (HYPG) accounted for the entire daily inflow. The HYPG ETF has accumulated $139 million in total inflows since launch, with overall HYPE spot ETF assets under management reaching $455 million and cumulative net inflows of $346 million.

According to Shinhan Investment & Securities report on September 2, gold prices may extend gains toward $6,000 per ounce by year-end 2027, supported by structural demand from central banks and fiscal pressures. The investment bank noted that global central banks' net gold purchases reached 289 tonnes in the second quarter, up 62% year-over-year and marking the highest quarterly total on record. Gold has recovered to $4,700 as of late August after falling to $4,000 in June, with the brokerage cit

According to on-chain analyst Yujin, an institutional entity transferred 109,806 ETH (worth $266 million) to centralized exchanges over three days on September 2, with an average transfer price of $2,430 per ETH. The address still holds 58,048 ETH (approximately $140 million) and plans to sell a total of 167,854 ETH ($406 million).

According to Guru Club, Brent crude oil broke through $96 per barrel today (September 2), rising 1.45% intraday.

According to Jin10, an explosion was reported at Assaluyeh Port in Iran, a key energy hub on the Persian Gulf coast, during early trading on September 2. International oil prices continued to rebound following the incident.

Speaking at the G20 central bank governors and finance ministers summit in Asheville, North Carolina, Elon Musk predicted that artificial intelligence could drive global economic growth of 20%-30%, translating to an additional $20-30 trillion annually. Musk also forecasted that the world will have approximately 1 billion humanoid robots within the next decade. "Robotics will lead to a productivity leap," he said. Musk added that by the end of next year, AI will be capable of completing all digit

According to Axios, the U.S. military struck two Iranian government tankers on Tuesday, September 2, as part of a new retaliatory policy approved by President Trump. American officials stated this marks the first time the U.S. has directly targeted Iranian tankers in response to Iranian attacks on ships transiting the Strait of Hormuz, shifting from previous operations aimed at enforcing an American maritime blockade. Officials described the strikes as part of a "tanker for tanker" policy design

According to a report by the American Bankers Association Research Institute released on September 1, new user numbers on online betting platforms grew more than twofold between June and July, with approximately 5% of the bank's customers participating in betting activities by July. However, user fund recovery rates remain below 1, with an average of only 75 cents returned for every dollar transferred, indicating that betting cannot serve as a stable income source. Activity is heavily concentrat

According to Quartz, the LLM Token Expenditure Index (Bloomberg ticker: SDLLMTK), maintained by Silicon Data, fell below $1 per million tokens for the first time on Monday, reaching 97 cents. The decline, which has dropped more than half from its summer peak, marks a new low since the index's launch last year and signals mounting pressure on major AI companies' business models. Syz Group CIO Charles-Henry Monchau noted that foundation model labs face the steepest impact, as falling token prices

Palo Alto Networks achieved record performance in Q4 FY26, with RPO surging to $21.2 billion (up 34% year-over-year), surpassing the $20 billion milestone for the first time. NGS ARR reached $9.1 billion (up 63% YoY), with nearly $1 billion in net new NGS ARR added in the quarter alone. Q4 revenue hit $3.41 billion (up 34% YoY), bringing full-year FY26 revenue to $11.5 billion. For FY27, the company guided full-year revenue to $14.1-14.2 billion (up 23%-24% YoY) and NGS ARR to $11.075-11.175 bil

According to BlockBeats and HTX market data, Bitcoin fell below $77,000 on September 2 morning amid escalating U.S.-Iran tensions, trading at $73,000. Ethereum dropped below $2,400, Solana lost the $100 level, and BNB fell to $683. Crypto market capitalization declined 1.5% in 24 hours to $2.7 trillion. Uniswap (UNI) extended gains, rising 10.37% to $5.9, driven by surging trading volume on Robinhood Chain. Robinhood's tokenized stock RWA market has become a primary use case for Uniswap DEX, wit

According to The Fact Korea, KOSPI fell 2.81% (192.01 points) to 6,643.79 as of 9:05 a.m. on September 2 following a U.S. airstrike on Iran, raising Middle East tensions. U.S. stock markets declined overnight, with the Dow Jones Industrial Average falling 0.79%, the S&P 500 dropping 0.71%, and the Nasdaq Composite declining 1.03%. WTI crude oil surged 5.2% to $90.22 per barrel, marking its highest level in over a month, while the U.S. 10-year Treasury yield climbed to around 4.80%, the highest s

According to Yonhapnews and investment banks, Kakao Mobility's planned U.S. ADR listing faces delays as Kakao undertakes a major corporate restructuring, with an internal shareholder value committee split between TPG and Kakao leadership on timing and conditions. TPG, which has held investments since 2017, conveyed to South Korean financial authorities that Kakao's cooperation is needed to advance the listing. However, Kakao's planned December interim shareholder meeting and January 2027 corpora

According to its announcement, Binance launched stock and ETF options trading on September 1. The service enables users to purchase call options for anticipated price increases and put options for anticipated declines. Initially, the platform only supports options buying, not selling. Notably, the service uses physical settlement, meaning users receive actual shares rather than cash-settled positions. Shares acquired through options exercises are held by Alpaca Securities on behalf of users.