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
14:12
0

SXP Drops 24.91% to $0.0022 in 15 Minutes; 38.89% Down in 24 Hours

SXP's price fell 24.91% to $0.0022 in 15 minutes earlier today, dropping from a high of $0.00293. Over the past 24 hours, the token has declined 38.89% with a trading volume of $372,107.19, indicating relatively thin liquidity. The sharp move reflects heightened volatility in the broader cryptocurrency market. Key support levels are being monitored near $0.0022, while resistance may form around $0.0025.
More
14:10
0

IMF: El Salvador's Bitcoin Accumulation Since June 2025 Came From Private Donations, Not Public Funds

According to the International Monetary Fund, El Salvador's Bitcoin accumulated since June 2025 was not funded by public resources and reflects private donations. In November 2025, El Salvador disclosed purchasing 1,090 BTC worth approximately $100 million, bringing its total Bitcoin holdings to 7,474 BTC. The IMF added that El Salvador is improving transparency across its Bitcoin wallet holdings and strengthening governance and risk management for public sector crypto assets.
BTC0.26%
14:09
0

Better and Coinbase Launch Bitcoin Collateral Loan at 250% LTV; $360M in Pre-Applications Last Week

According to ChainCatcher, Better Mortgage and Coinbase launched a Bitcoin collateral lending product last week, allowing borrowers to pledge Bitcoin at a 250% loan-to-value ratio to cover down payments. For example, purchasing a $500,000 home requires pledging $250,000 in Bitcoin to support a $100,000 down payment. Pre-application loan volume has reached $360 million since launch, exceeding prior waitlist estimates of $260 million. Better disclosed that it may re-collateralize borrowers' pledge
More
BTC0.26%
14:06
0

WOO X Users Report Withdrawal Delays Over Past 3 Days, Transactions Stuck in Processing

According to chain detective ZachXBT, multiple verified WOO X users reported on September 6 that their withdrawals have remained in pending or processing status over the past 3 days, with some transactions canceled. ZachXBT noted that WOO X was acquired by FusionX Digital in the fourth quarter of 2025. As of the report, WOO X had not issued an official statement regarding the withdrawal issues.
14:04
0

Solana Reports $143M App Revenue and 5.2B Transactions in August

According to @solana, Solana reported $143 million in app revenue and achieved 5.2 billion transactions in August. The platform's tokenized equity supply also surged to a new all-time high of $683 million, reflecting growing investor interest and broader adoption across the ecosystem.
SOL4.35%
14:03
0

Total Crypto Liquidations Reach $212M in 24 Hours, ZEC Leads at $45.32M

According to WuBlockchain and CoinGlass, total crypto liquidations reached approximately $212 million over the past 24 hours, with Zcash (ZEC) leading the liquidation wave at $45.32 million. ETH and BTC followed as the second and third largest contributors. Among the liquidations, approximately $156 million was attributed to short positions, reflecting shifts in trader positioning during the volatile market period.
14:02
0

USDC Adds $584M in Past Week; Zcash Surges 20% to Decade High

According to Crypto Briefing data, USDC added approximately $584 million to its market cap over the past week, accounting for the majority of a combined $1 billion increase across major stablecoins. USDC now holds roughly 24% of total stablecoin supply, estimated at $303 billion to $310 billion, and has captured between 60% and 70% of adjusted on-chain transaction volume during multiple 2026 periods. Zcash surged roughly 20% on September 4, reaching an intraday high near $1,023 to $1,051, the hi
More
USDC0.01%
14:01
0

Bitcoin Short-Term Holders' SOPR Reaches 1.01, Returning to Profitability for First Time in Over a Year

According to CryptoQuant analyst Darkfost, Bitcoin short-term holder SOPR (STH SOPR)—a metric measuring realized profits of holders with less than six months of holdings—recently reached approximately 1.01, entering profitability for the first time in over a year. The level surpasses a brief uptick seen in May 2026, indicating improving sentiment among short-term holders, typically the most active and sensitive market participants.
BTC0.26%
13:59
0

Microsoft Releases AI-Powered WinUI Solution, Enables App Deployment in 30 Minutes on September 6

According to Windows Latest, reported by PANews on September 6, Microsoft released an AI-assisted WinUI development solution designed to reduce reliance on web-based applications like WebView2 and Electron on Windows 11. The solution leverages VS Code, Windows App Development CLI, WinUI templates, and GitHub Copilot to generate and deploy native WinUI 3 applications in approximately 30 minutes from an empty folder. The solution also provides AI-guided migration assistance for WPF and UWP applica
More
13:55
0

Anthropic Plans IPO in September-October with $2 Trillion Valuation, Targeting 6th Spot Among U.S. Public Companies

According to Herald Economy, AI model developer Anthropic plans to launch its initial public offering in September-October with a targeted valuation of $2 trillion, which would make it the 6th largest U.S. publicly listed company by market cap, behind Nvidia, Apple, Alphabet, Microsoft, and Amazon. Anthropric's annualized recurring revenue (ARR) as of July stands at $65 billion, resulting in a price-to-sales (P/S) ratio of approximately 30x based on the projected valuation. KB Securities analyst
More
13:51
0

U.S. Military Strikes Three Iranian Oil Tankers on September 5

According to a U.S. Central Command statement released on September 5, American forces struck three Iranian oil tankers in response to ballistic missile attacks launched by Iran's Islamic Revolutionary Guard Corps against two U.S. naval vessels operating in the region.
13:41
0

DeFi Lending Faces Record 32 Price-Manipulation Exploits in 2026

According to KuCoin, DeFi lending encountered 32 price-manipulation exploits in 2026, a record high representing roughly one in eight crypto hacks this year. In a recent incident on Cronos, an attacker drove a thinly traded token's price up approximately 100 times in 20 minutes, enabling borrowing of an estimated $75 million from a lending protocol, exposing vulnerabilities in illiquid collateral.
CRO1.38%
13:37
0

Solana Token STONK Briefly Hits $150M Market Cap, Up 449% in 24 Hours

According to GMGN market data on September 6, Solana token platform StonkFun's native token STONK briefly reached a market capitalization of $150 million, marking an all-time high. The token is currently trading at $140 million with a 24-hour gain of 449% and trading volume of $61.3 million.
13:37
0

Real Bedford Raises $4.5M From Winklevoss Brothers, Enables Bitcoin Payments for Fans

According to CNBC, English football club Real Bedford has secured $4.5 million in funding from Cameron Winklevoss and Tyler Winklevoss. The club now allows fans to purchase tickets, food, and merchandise using Bitcoin, with select players and staff receiving salaries partially or fully paid in Bitcoin. Real Bedford, acquired by podcaster Peter McCormack in 2022, aims to become a global Bitcoin brand and eventually join the English Football League.
BTC0.26%
13:32
0

BSC Meme Coin BEN Briefly Breaks $10M Market Cap

According to GMGN data, BSC meme coin BEN briefly surpassed $10 million market capitalization today, currently trading at $9.05 million. The token is paired with tokenized QQQ (Invesco QQQ Trust, which tracks the Nasdaq-100 index) on BSC.
13:31
0

U.S. CPI Due Friday to Determine Fed's Rate Decision; Economists Expect August Inflation at 0.4% MoM

Economists forecast the U.S. Consumer Price Index will increase 0.4% month-over-month in August, with core CPI rising 0.2% MoM, according to market expectations. The Producer Price Index will be released Thursday, followed by the CPI data on Friday, both of which are likely to be decisive for the Federal Reserve's rate decision on September 15-16. Fed policymakers have recently emphasized their commitment to maintaining price stability, with officials split on the path forward; some, like Christ
More
13:28
0

Vitalik Expects SNARK to Achieve Sub-10x Computational Cost by End of Decade

According to Vitalik Buterin's recent post on September 6, the Ethereum co-founder shared an optimistic view on the long-term development of cryptographic technologies. Vitalik estimated a 60% probability that SNARK, fully homomorphic encryption (FHE), and indistinguishability obfuscation (iO) will all achieve computational overhead below 10x by measuring combined energy costs and amortized computation. He also noted a 33% chance that these technologies could reach implementations with cost mult
More
ETH1.63%
13:23
0

Tokenized Stocks Weekly Volume Reaches $3B as Robinhood Chain, BNB, Solana Lead

According to Grayscale Investments, tokenized stock weekly spot volume reached nearly $3 billion early in August, with Robinhood Chain, BNB Chain and Solana capturing most trading activity. The three networks emerged as the leading blockchains for tokenized equity trading, with decentralized protocols including Uniswap, PancakeSwap and Raydium providing infrastructure. Token Terminal's dashboard places tokenized-stock market capitalization at approximately $3 billion, compared to $34.3 billion f
More
SOL4.35%
UNI12.10%
CAKE-0.46%
RAY64.61%