Gate Crypto Flash News and Market Updates

According to CEO Li Bin in NIO's Q2 earnings call on September 1, the company's average selling price (ASP) reached 406,000 yuan in Q2, ranking first among mainstream premium brands in China. The ASP further increased to over 430,000 yuan in July.

According to Guru Club, WTI crude oil futures surged 3% to $88.343 per barrel on September 1, marking the highest level since July 24. Brent crude oil futures climbed 2.48% to $92.730 per barrel.

According to Bybit, WTI crude oil rose 2% to $87.12 per barrel, while Brent crude gained 1.84% to $91.98 per barrel on September 1.

According to Jin10 Futures, on September 1, SC crude oil rose 3.00% to 656.3 yuan/barrel. Low-sulfur fuel oil (LU) climbed 2.86% to 5,178 yuan/ton, while fuel oil advanced 3.07% to 3,926 yuan/ton. Asphalt also gained 2.08%, reaching 5,006 yuan/ton.

Federal Reserve Governor Michelle Barr stated that inflation remains elevated. She signaled a preference for maintaining interest rates at current levels if the central bank gains confidence that inflation is moderating.

According to Cointelegraph, Kast has launched KAST Business, a platform combining business accounts, virtual cards, cross-border transfers and yield-bearing balances on stablecoin rails. The platform allows companies to receive funds through fiat virtual accounts, deposit stablecoins and crypto, issue virtual cards and make local payouts in more than 20 currencies across 170+ countries. Kast offers up to 8% annual yield on idle balances through US Treasury investments and stablecoin yields, plus

According to Bank of Israel, Q2 data partially reflects economic recovery in the first quarter following military operations against Iran.

According to BlockBeats, on September 1, Wall Street institutions issued multiple rating updates, with several technology and innovation companies receiving positive outlooks. Bank of America reiterated its 'buy' rating on Microsoft and raised its price target from $500 to $600, citing accelerated Azure growth that validates its AI strategy. Baird maintained its 'outperform' rating on Nvidia, citing market share leadership and sustained growth in inference businesses. JPMorgan reiterated its 'ov

Nigeria set the official selling price (OSP) for Qua Iboe crude in September 2026 at $1.75 per barrel above the Brent benchmark. The premium adjustment reflects the pricing mechanism applied to the country's flagship crude grade for the month.

According to Odaily and Jin10, Iran's Foreign Ministry spokesperson Baghaei said recently that U.S. military actions will further escalate the security crisis in the Strait of Hormuz. Baghaei stated that Iran has made decisive responses to every U.S. military aggression, and ongoing maritime blockades, economic pressure, and attacks on Iranian infrastructure will destabilize the region. He also accused regional states of abandoning commitments and becoming launching pads for attacks on Larak Isl

During the night session opening on September 1, China's commodity futures showed mixed performance. Ethylene Glycol (EG) and SC crude oil led gains with increases exceeding 2%, while asphalt and glass rose nearly 2%. Pulp, methanol, liquefied petroleum gas (LPG), and fuel oil climbed over 1%. On the decline, Shanghai silver fell over 2%, Shanghai gold and natural rubber 20 futures slipped over 1%, while cotton, Shanghai copper, rubber, and international copper contracts dropped nearly 1%.

According to Odaily's Meme tracking, ORBIO on Robinhood surpassed $3.52 million in market capitalization. Holders of ORBIO gain access to OpenRouter credits while providing resources for AI agent model calls, with some sources suggesting ORBIO may serve as a universal fuel for AI agents to acquire tokens and operate autonomously.

According to its official announcement, GameStop (NYSE: GME) reported preliminary Q2 financial results for the quarter ended August 1, 2026. Net profit reached $290 million to $310 million, up from $169 million a year ago, boosted by approximately $238 million in net gains from eBay derivatives and equity investments, partially offset by $75 million in digital asset losses. Net sales declined to $780 million to $800 million from $972 million a year earlier, reflecting Nintendo Switch 2 launch co

According to traders, Russia plans to reduce seaborne crude oil exports from its western ports by approximately 5% in September compared to August.

According to the earnings call, NIO maintained its Q2 gross margin at 18.5%, with overall gross margin reaching 18.4%, according to the Securities Times. CEO Li Bin attributed the strong performance to robust sales of higher-margin models and further cost structure optimization, offsetting industry-wide pressure from rising raw material costs. The company's other sales gross margin reached 17.0%, with services and community-related business continuing to contribute to profitability.

According to Stocktwits, Fervo Energy (FRVO) signed its largest power agreement with Google on Tuesday, committing to supply 396 megawatts of carbon-free electricity from its Cape Station project in southwestern Utah. The capacity is expected to come online in 2028. Google also secured an option to add roughly 600 MW by June 2030, potentially expanding the deal to nearly 1 gigawatt. Fervo expects total capital expenditures of around $850 million to $900 million in the second half of 2026. FRVO s

According to Nio CEO Li Bin during the company's Q2 2026 earnings call, the fifth-generation battery swap stations now support full compatibility across Nio, Luode, and Firefly brands, covering vehicle sizes from compact cars to large SUVs. The company is actively developing power trading and other value-added services to expand the commercial value of its battery swap business model.

According to Lookonchain, the mysterious whale at address 0x6436 purchased 141,442 HYPE tokens worth approximately $11.88 million today (September 1).

According to Bitget, spot gold broke below $4,360 per ounce on September 1, declining over 2% intraday.

According to Egypt's Ministry of Oil, the Damietta LNG regasification vessel, which sustained damage from drone strikes, is expected to resume operations in the fourth quarter.