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
06:42
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European Natural Gas Prices Set for Fourth Consecutive Weekly Gain Amid Middle East Escalation

According to Jin10, European natural gas futures prices are on track for a fourth consecutive week of gains on Friday, Sept 4, as Middle East escalation fuels supply disruption concerns. This week's cumulative gain exceeds 7%, with prices rising to their highest levels in over three years. Both European and Asian gas prices have reached multi-year highs as renewed U.S.–Iran military tensions intensify market anxiety. Europe's natural gas storage facilities now stand at approximately 66% capacity
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GAS3.15%
06:41
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China's Ministry Launches Three-Year AI Support Plan, Targets 10,000 Startups and 2,000 Specialized Enterprises

According to the Ministry of Industry and Information Technology (MIIT), announced today, the ministry unveiled a three-year artificial intelligence entrepreneurship support plan (2026-2028) aimed at cultivating innovative AI startups across key sectors. The initiative targets fostering over 10,000 technology and innovation-focused small and medium enterprises (SMEs), over 2,000 specialized and innovative "little giant" enterprises, and nurturing a batch of gazelle enterprises and unicorns. To a
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06:41
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South Korea's Memory Chip Capacity to Rise 600K Wafers Monthly by 2028, Central Bank Says

According to the Bank of Korea on September 4, South Korea's dominant position in memory chip production will expand further as Samsung Electronics and SK Hynix expand domestic manufacturing facilities. The central bank expects new chip factories coming online by 2028 to increase South Korea's monthly wafer production capacity by approximately 600,000 units.
06:41
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China to Hold Press Conference on Fifth Global Digital Trade Expo on September 7

According to Jin10, China's State Council Information Office will hold a press conference on September 7, 2026, at 3 p.m. to introduce details regarding the Fifth Global Digital Trade Expo. Vice Minister of Commerce Yan Dong, Zhejiang Province Vice Governor Hu Wei, and Hangzhou Mayor Du Xuuliang will attend and answer questions from journalists.
06:38
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Japan's Nikkei 225 Rises 1.26%, South Korea's KOSPI Gains 1.64% on Sept 4

According to Bitget data, Japan's Nikkei 225 index (Japan's benchmark equity index) rose 806.46 points, or 1.26%, to close at 65,020.94 on Friday, Sept 4. South Korea's KOSPI climbed 107.73 points, or 1.64%, to 6,687.21. Among components, SK Hynix gained over 3%, while Samsung Electronics advanced 2.2%.
06:37
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Nomura Maintains Samsung Electronics 670,000 KRW and SK Hynix 470,000 KRW Price Targets, Cites Severe Undervaluation

According to Nomura, on September 4, the global investment bank maintained its price targets for Samsung Electronics at 670,000 Korean won and SK Hynix at 470,000 Korean won, while reaffirming buy recommendations. Researcher C.W. Jung noted that despite a 50% rebound from recent lows, memory chipmakers' stocks remain 37% below their peaks. The bank estimates 2027 P/E ratios at approximately 3x on average, indicating severe undervaluation relative to strong memory demand and limited supply increa
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06:37
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U.S. Diesel Prices Hit Record High of $5.82 per Gallon

According to data from the American Automobile Association (AAA), U.S. diesel prices reached an all-time high of $5.82 per gallon on September 4, marking the highest level since tracking began. The surge reflects ongoing pressures from global energy markets and supply chain constraints affecting fuel availability and pricing.
06:37
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Qualcomm Ventures Leads $70M Funding Round in Indian Healthtech Firm Ultrahuman

According to YourStory, Ultrahuman, a Bengaluru-based health intelligence company, raised $70 million in September from investors including Qualcomm Ventures, Labcorp, Alpha Wave, Blume Ventures, Nexus Venture Partners, and Alteria. The company said it will use the funding to expand research and development in sensing, artificial intelligence, miniaturized electronics, and health algorithms, as well as increase investment in clinical science and large-scale research. Ultrahuman indicated the fun
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06:33
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Pocket Bitcoin Discloses August Data Breach Affecting 5,400+ Customers

Pocket Bitcoin disclosed in August that a sustained cyberattack exposed information belonging to more than 5,400 customers. Of these, 5,120 customers had email addresses and support communications compromised, while a further 291 faced more extensive exposure including names, addresses, identity documents and copies of source-of-funds documentation. The company confirmed that customer Bitcoin and private keys were never compromised, as Pocket operates on a non-custodial basis where users retain
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BTC3.83%
06:32
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Thailand Suspends 49 Data Center Projects, Awaits New Regulations on Sept 4

According to Thailand's National Economic and Social Development Council Secretary General Danusah Pichayanon, the government suspended 49 data center construction projects on Sept 4, pending the rollout of new regulatory rules. Pichayanon said the halt was necessary as the government develops new monitoring framework for existing and forthcoming data centers. The Data Center Oversight Committee, chaired by Thailand's Finance Minister, held its inaugural meeting on Friday. The committee is expec
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06:32
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Lululemon Stock Plunges 18% After Earnings Release, Full-Year Guidance Cut

Thursday after-hours, Lululemon shares plunged 18% to around $99.65 after the athletic apparel retailer reported weaker-than-expected Q2 earnings and sharply cut its full-year revenue and profit forecasts. The stock had closed the regular session up 1.42% at $121.77. Lululemon reported Q2 revenue of $2.42 billion, down 4% year over year and below the $2.46 billion expected by analysts. Comparable sales declined 9%. The company now expects full-year revenue of $10.35 billion to $10.5 billion, dow
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06:31
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Aprogenesis Stock Hits Daily Limit, Slips on Parent's 200B Won Fundraising

According to the Korea Exchange, Aprogenesis Biologics hit its daily price limit on September 4 but pared gains to 1,823 won, up 96 won or 5.56%, by mid-afternoon. The stock's retreat followed news that its largest shareholder, Aprogenesis, announced a 20 billion won capital injection. Under the third-party allocation, Aprogenesis will subscribe to 12.7 million newly issued common shares at 1,574 won per share, with settlement scheduled for September 11.
06:31
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IMF Says El Salvador's Post-Review Bitcoin Accumulation Used Private Donations, Not Public Funds

According to an IMF statement released Thursday, El Salvador's Bitcoin accumulation after the lender's first program review in June 2025 came entirely from private donations, not public resources. The IMF confirmed that documents supplied by Salvadoran authorities verified this source of funds. The agency also noted that majority ownership and operational control of the Chivo wallet have been transferred to a private operator, with the government retaining only a minority stake. According to the
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BTC3.83%