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
21:37

Remixpoint Dumps All Altcoins for $4.47M, Records $598.4K Gain on Sept. 1

According to the company's public disclosure, Remixpoint sold all its Ethereum, Solana, XRP, and Dogecoin on Sept. 1 for ¥878.8 million ($4.47 million), realizing a ¥117.8 million ($598,400) gain. The Japanese public company is shifting to a Bitcoin-only treasury strategy to clarify its approach and improve capital efficiency. After the sale, Remixpoint now holds 1,501 BTC, valued at $116.1 million, ranking 38th among public-company Bitcoin holders according to Bitcoin Treasuries.
ETH-0.95%
SOL0.11%
XRP-0.08%
DOGE0.09%
BTC0.12%
21:32

Ondo Argues Existing U.S. Securities Rules Can Support Single-Stock Perpetual Futures

According to FinanceFeeds, Ondo Finance submitted three comment letters to the Securities and Exchange Commission and Commodity Futures Trading Commission on Aug. 24, arguing that existing security futures rules can accommodate perpetual futures linked to individual stocks without requiring Congress to create a new framework. Ondo's Panama-based affiliate has recorded $8 billion in cumulative trading volume as of Aug. 14, roughly six weeks after launch. The company contends that perpetual future
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21:29

U.S. DOJ Seizes $560,000 in Hamas-Linked Cryptocurrency, FBI Takes Down Fundraising Domains

The U.S. Department of Justice announced on Wednesday that it has seized over $560,000 in cryptocurrency previously destined to finance Hamas and has taken control of the domains and servers used by the organization for fundraising and recruitment. According to court filings, investigators used human intelligence sources to identify and track cryptocurrency addresses promoted through encrypted chats and fundraising websites. The initial enforcement action recovered approximately $201,400 from wa
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21:25

Broadcom Stock Falls 4% After-Hours Despite Q3 Earnings Beat, AI Chip Revenue Hits $16.7B

According to CNBC and Bloomberg, Broadcom's stock fell approximately 4% in after-hours trading on September 2 following its fiscal Q3 earnings report, despite beating Wall Street expectations. The company reported quarterly revenue of $29.59 billion, up 86% year-over-year and exceeding LSEG consensus forecast of $29.36 billion. Adjusted earnings per share reached $3.32, topping the expected $3.24. AI chip revenue surged to $16.7 billion, more than tripling from the prior year and significantly o
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21:25

EU Says Israel's E1 Settlement Expansion Threatens Two-State Solution on September 2

According to EU High Representative Kaja Kallas, Israel's E1 settlement expansion project on September 2 threatens the viability of a two-state solution. Kallas described the settlements as a "wedge" being driven into the West Bank, further eroding prospects for peace. Kallas also highlighted that violence by settlers against Palestinians continues to increase, with many incidents going unpunished, according to Central Television.
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21:25

Nearly Half of S&P/ASX 200 Companies Beat Earnings Forecasts in August, Index Hits Record High

According to Bloomberg data compiled, nearly half of the companies in the S&P/ASX 200 index reported earnings that exceeded forecasts in early August, with profit-beaters outnumbering disappointments at a 1.5-to-1 ratio. The strong results drove Australia's benchmark stock index to a record high in early August, though gains narrowed subsequently, closing August with a 1.1% monthly gain.
21:22

Broadcom CEO Projects AI Chip Revenue of $115B in 2027, $230B in 2028

Broadcom CEO Hock Tan forecasted that AI chip revenue will reach approximately $115 billion in 2027 and around $230 billion in 2028. The company expects to deliver its third-generation chip to Meta by the end of 2027. Broadcom also targets earnings per share of $30 for its 2028 fiscal year.
21:22

Binance Highlights Growing User Demand for Both Crypto and Traditional Finance

According to Binance official account, the platform recently highlighted a significant trend among users, particularly high-net-worth individuals, who are increasingly seeking access to both cryptocurrency and traditional finance. Binance's observation emphasizes that the future will not pit crypto against TradFi, suggesting that users will demand integrated financial solutions combining both sectors.
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21:19

KOSDAQ Hits Record 15.91% August Gain But Trading Volume Plummets 60% Since January

According to Newsis, South Korea's KOSDAQ index surged 15.91% in August, marking its best monthly performance since the market's inception in 1996. However, daily average trading volume fell to 5.98 trillion won from 14.91 trillion won in January—a 60% decline—signaling dried-up liquidity despite the index rebound. Meanwhile, the KOSPI index has gained 52% year-to-date, while KOSDAQ has fallen 15%, widening the performance gap as large-cap stocks attract investor capital. Analysts note that rece
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21:19

Seoul Samphyo Redevelopment Project Faces 640 Billion Won Bridge Loan Maturity on October 14

According to E-Daily, on September 2, a 640-billion-won bridge loan for the Samphyo redevelopment project in Seoul's Seongsu district faces maturity on October 14, marking a critical funding juncture for the 81-story residential and 53-story mixed-use office complex. The 28-hectare site is planned to include 403 apartments, 61 office-tels, 130 hotel rooms, and commercial and cultural facilities, with construction scheduled to begin next year and completion targeted for 2032. The project, approve
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21:19

KOSPI Trading Volume Falls 48.66% Since June as Investors Shift to Deposits and U.S. Stocks

According to the Korea Exchange and Financial Investment Association, KOSPI trading volumes and investor deposit balances declined sharply from June through August. Average daily trading volume fell from 50.3 trillion won in June to 25.8 trillion won in August, a 48.66% decrease. Investor deposits at securities firms dropped 28.62% to 99.7 trillion won as of August 31, marking the first time they fell below 100 trillion won since February. Meanwhile, major commercial banks' fixed-term deposit ba
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21:08

Coinbase Launches Regulated Crypto Derivatives in Canada With Up to 10x Leverage

On Wednesday, Coinbase launched regulated crypto derivatives trading in Canada, offering 23 perpetual and dated futures on Bitcoin, Ether, Solana and other assets alongside five commodity futures. Access is limited to eligible Canadian customers with at least $5 million in net financial assets, registered investment advisers and dealers. The nano-sized positions offer up to 10x leverage, and Coinbase said it is the first major crypto-native platform to offer direct native crypto futures in Canad
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21:04

RBC: U.S. Treasury Buyback Plan Maintains Positive Effects on 30-Year Yields Despite Reversal

According to RBC Capital Markets strategists, the U.S. Treasury's expanded buyback plan maintains positive effects on long-end debt yields on Wednesday, despite 30-year yields reverting to near pre-announcement levels. The strategists noted that long-end swap spreads have held their gains since the plan was announced, indicating the buyback initiative was not entirely without impact.
21:02

European Natural Gas Hits Highest Price Since January 2023, Up 2% on Sept 2 Amid Iran Conflict

According to Yonhapinfomax, European natural gas prices hit their highest level since January 2023 on September 2, with TTF hub futures in the Netherlands breaching 75 euros per MWh intraday before settling at 73.60 euros—up over 2% from the previous day. The surge reflects escalating military tensions between the U.S. and Iran, now over six months into conflict, amid concerns over tightened global energy supply. EU gas storage facilities stood at just 63% capacity as of late August, well below
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GAS-2.75%
21:01

South Korean Individual ETF Purchases Plummet 73% in August to 2.38 Trillion Won

According to Korea Exchange, individual investor ETF net purchases in August totaled 2.376 trillion won, down 73% from July's 8.787 trillion won and marking the lowest monthly figure this year. Analyst Yoon Jae-hong from Mirae Asset Securities attributed the decline to investor sentiment deterioration compounded by regulatory tightening on single-stock leveraged products. Recent inflows have shifted toward benchmark index ETFs like TIGER S&P 500 and KODEX Nasdaq-100, signaling a move away from t
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21:01

Magnificent 7 Index Rises 0.87% to 226.71 on September 2

The Magnificent 7 technology index closed up 0.87% at 226.71 points on Wednesday, September 2, as U.S. tech stocks extended early gains with narrow consolidation at higher levels. The broader Tech Titans index gained 0.58%, closing at 445.95 points.