Gate Crypto Flash News and Market Updates

According to Russian Statistics Bureau, consumer deflation reached 0.01% in the week ending August 31, shifting from 0.01% inflation the prior week.

According to Russian Statistics Bureau, Russia's retail sales grew 5.3% year-over-year in July.

According to Russia's Ministry of Economy, the country's July GDP expanded 0.6% year-over-year. The ministry also revised June's growth upward to 1.7%, compared with the preliminary estimate of 1.1%.

According to Russian Statistics Bureau, Russia's unemployment rate in July stood at 2.3%.

According to The Block, Arbitrum DAO realized revenue of $6.19 million in the first half of 2026, primarily from Arbitrum One transaction fees, Timeboost sequencing auctions, licensing fees from Arbitrum-powered scaling chains, and treasury management yields, with a gross margin exceeding 97%. The network processed 478 million transactions during the period, with stablecoin monthly transfer volumes exceeding $70 billion and active addresses reaching 10.5 million. Robinhood Chain, which launched

According to Axios on 26 August, Vanguard has agreed to acquire Altruist, a registered investment adviser custody platform, in an all-cash deal valued at approximately $4.6 billion. The acquisition marks Vanguard's return to the RIA custody business, which it exited in 2003 when it handed its RIA book to TD Waterhouse. Altruist, founded in 2018, currently serves more than 6,000 advisers and held 6.25% market share in 2025, up from 2.85% the year prior. The deal is expected to close later in 2026

According to The Block, World, the identity startup co-founded by OpenAI chief Sam Altman, has open-sourced ProveKit this week, a zero-knowledge identity proving toolkit. ProveKit enables users to generate cryptographic proofs directly on their phones or browsers to prove claims such as age, nationality, or valid identity document ownership without revealing underlying personal data. The toolkit uses local proof generation instead of delegated proving, keeping sensitive information on users' dev

According to Bitget market data, Nasdaq-100 components showed divergent performance intraday on September 2, with semiconductors and pharmaceutical stocks leading gains while cybersecurity and chip equipment sectors faced pressure. Nvidia (NVDA.O) rose 4.51%, Allergan Specialty Therapeutics (ALNY.O) climbed 7.18%, Intuitive Surgical (ISRG.O) gained 2.85%, Teradyne (TER.O) advanced 3.08%, and NXP Semiconductors (NXPI.O) increased 3.17%. Consumer and financial services stocks also performed positi

According to CoinMarketCap data, today top-100 cryptocurrencies by market cap showed mixed performance. Among gainers, Pyth Network (PYTH) led with a 14.32% rise to $0.05812, followed by Kite (KITE) up 12.18% at $0.1368 and Filecoin (FIL) up 7.49% at $0.7722. On the decline, NEAR Protocol (NEAR) dropped 8.53% to $1.85, OFFICIAL TRUMP (TRUMP) fell 7.74% to $2.20, and Ethena (ENA) decreased 7.52% to $0.1505.

According to Testing Catalog, Google's Gemini 3.8 Flash model has launched on Gemini, Google AI Studio, and API. The model achieved a 71% score on the DeepSWE 1.1 benchmark, approaching Claude Opus 5's 74% while offering significantly lower pricing. Through December 31, 2026, input costs are $0.75 per million tokens and output costs (including thinking tokens) are $3.75 per million tokens.

According to Bloomberg data, on September 2, global government bond yields rose 17 basis points over the past 20 days, with the U.S. 10-year Treasury climbing to 4.81% and Japan's 10-year yield reaching 3% for the first time this century. However, the gains remain modest compared to 2022, when yields surged 62 basis points in the same period. Bond prices have fallen 4.2% year-to-date versus a 23% drop in 2022. Market volatility, as measured by global government bond yield fluctuations, declined

According to U.S. Commerce Secretary Lutnick, the Trump administration has renewed its trust in AI company Anthropic after months of tension. When asked if the government trusts Anthropic CEO Dario Amodei, Lutnick stated: "We trust Anthropic. They have completed the work we required, and they have now returned to the right position."

On Wednesday (September 2), UK 10-year gilt yields reached 5.289% during European afternoon trading, marking the highest level since Q3 2007 when they peaked at 5.564%. Earlier in the session, the yield rose 0.8 basis points to 5.228%. Two-year gilt yields climbed 1.0 basis point to 4.616%, reflecting a broader steepening across the curve. The 2/10-year yield spread held roughly flat at 61.4 basis points.

According to GMGN data, Robinhood Chain ecosystem token FAMI's market cap fell to approximately $22.5 million today, breaking below the $25 million level. The token had previously surged over 750%.

According to Odaily's Meme tracking, SOLCAT, a cat-themed meme token on Solana, surpassed a $2 million market capitalization today.

According to Garrett Jin via BlockBeats, Bitcoin held the key support level at $76,600 on September 2. If BTC rises above $79,000, the price could attempt to form a higher high.

Gate launched U.S. stock options on September 2 covering nine large companies including Nvidia, Tesla, Apple, Meta Platforms, Advanced Micro Devices, Micron Technology, Amazon, Alphabet and Broadcom. The service settles positions in USDT through cash settlement rather than share delivery, meaning users do not receive underlying shares upon exercise. Gate processes settlement approximately 30 minutes before official market close based on average stock price during that period. Trading is availabl

According to Cointelegraph, Arthur Hayes, co-founder of BitMEX, stated in the latest episode of Trade Secrets that AI bubble deflation, large-scale monetary expansion, and potential U.S. yield curve control will drive Bitcoin to $1 million before 2030. He believes $58,000 may mark the current cycle bottom. Hayes currently favors Ethereum as his top pick, arguing the asset is severely undervalued as DeFi's foundational layer and the only major-cap cryptocurrency yet to breach its 2021 all-time hi

According to Decrypt, two Thai businessmen sued Tether in U.S. District Court for the Southern District of New York on Monday, claiming the stablecoin issuer unlawfully froze approximately $42.4 million in USDT across ten Ethereum addresses. The plaintiffs allege Tether blacklisted the addresses in October 2025 at an informal request from a Homeland Security Investigations agent without a warrant or court order. They argue that a subsequent seizure warrant neither retroactively authorized the fr

Google announced today, September 2, that its latest Gemini 3.8 Flash model is now available for Pro and Ultra users. The enhanced model delivers more reliable and comprehensive responses, handling everyday topics with actionable advice while managing complex tasks like text analysis and advanced programming.