Gate Crypto Flash News and Market Updates

According to Jin10, South Korea's KOSPI index opened up 0.7% at 7,044.05 points on September 8 (Tuesday), gaining 48.66 points. Japan's Nikkei 225 index fell 0.93% to 65,781.41 points on the same day.

According to Jin10 and Japan's Cabinet Office report released on September 8, Japan's second-quarter GDP was revised upward to 1.4% on an annualized basis, exceeding the prior estimate of 1.1%, though falling short of economists' consensus forecast of 1.8%. The stronger-than-estimated data supports the Bank of Japan's assessment of economic conditions and reinforces expectations for a rate hike at its next policy meeting on September 18.

According to the Financial Investment Association Bond Information Center, South Korean banks issued 182.15 trillion won in bank bonds through August, up 39.8% compared to 130.29 trillion won in the same period last year, as reported on September 8. Monthly issuance volumes have expanded to approximately 25 trillion won during the second half of the year, double the pace from early 2026. Banks are accelerating funding procurement to support government-backed productive finance initiatives, amid

According to Boyan Interactive's announcement, the company purchased approximately 205 BTC between June 24 and September 4 for about $14.3 million sourced from operating cash reserves. Following the acquisition, the company now holds approximately 4,316 BTC with an average purchase cost of $68,280 per coin.

According to Nikkei, for the fiscal year ended March 2026, 930 Prime-listed companies on Tokyo Stock Exchange saw return on equity (ROE) fall to 9.5%, down slightly from the prior year, despite recording record-high net profits. The decline reflects a paradox where net profit grew faster than the typical ratio would suggest. The primary driver is foreign currency translation adjustments, which swell equity capital when assets of overseas subsidiaries are converted to yen as the yen weakens. Fore

According to Yonhap Infomax, Samsung SDS became the first Korean company to join OpenAI's Daybreak Partner Program as a pilot partner on September 8. The company plans to leverage OpenAI's next-generation models and provide comprehensive AI security services. OpenAI CEO Sam Altman said in a video message that Samsung SDS is a "top-tier global partner" with the capability to understand enterprise operations and successfully deploy cutting-edge technology. Samsung SDS also formally announced entry

According to ChainCatcher, ROUTE, a meme coin on Robinhood Chain, surged to a market cap of $13 million early today before retreating to $7.2 million, marking a daily gain of over 990x, according to GMGN data. The token serves as a DEX aggregator on Robinhood.

On September 7, North Korean Defense Minister Kim Sung-gi said the country would take strong countermeasures if the U.S. and its allies pursue new military confrontation, according to state media. Kim referenced ongoing 'Ulchi Freedom Shield' joint drills and planned 'Eastern Shield' exercises scheduled from September 8-24, which he said exceed the scale of previous drills and involve the U.S., Japan, and Australia.

According to The Wall Street Journal on Sept 8, smart ring maker Oura listed Robinhood as an underwriter in its IPO filing, marking the brokerage's first formal participation in an initial public offering. Oura's IPO is projected to value the company above $11 billion, with Goldman Sachs, Morgan Stanley, JPMorgan Chase, Allen & Co., and Jefferies serving as co-lead underwriters. Robinhood ranked last among 18 underwriting firms. Robinhood obtained underwriting regulatory approval in June 2026. A

According to SoSoValue, a financial data platform, US spot Bitcoin ETFs saw $3.8 billion in net inflows over the past three weeks, marking the longest consecutive period and largest inflow volume in 2026. The week ending September 5 alone recorded approximately $987 million in net inflows. As of September 5, the total net assets under management (AUM) for all US spot Bitcoin ETFs reached $113 billion, with cumulative net inflows since launch totaling $56 billion.

London Metal Exchange copper futures reached an all-time high today, breaking through $14,530 per ton with gains exceeding 1%. The rally reflects tightening supply-demand dynamics and tariff-driven trading flows in global copper markets.

According to Odaily, Bitcoin short-term whale holders' unrealized profits reached a record high of $9.07 billion on September 4, the highest level since records began in 2016. The figure declined to $7.51 billion on September 5 but remained within the top five historical levels. Unrealized profits reflect the difference between an asset's current market value and its on-chain cost basis.

According to Bloomberg, large US tech firms including Google, Apple, Meta, Amazon, and Microsoft have shown stronger interest over the past six to eight months in building data centers in Australia. The shift is driven by renewable power availability, land accessibility, and proximity to Asia, as AI demand strains established US data-center markets and local opposition has slowed domestic projects in the United States. In Australia, 84% of the 9 gigawatts of proposed data-center capacity seeking

According to BlockBeats, Hunter Biden confirmed on September 8 that he will launch a meme coin called LAPTOP on the Base chain on September 9, sharing token code and a 31-second Fox News clip that garnered over 1.7 million views. However, the crypto community response has been largely skeptical. Community members raised concerns about contradiction, as Biden previously criticized Trump-related crypto projects. Similar celebrity tokens have seen sharp declines, with TRUMP and MELANIA both down ov

According to Yonhapinfomax, South Korea's Financial Supervisory Service (FSS) halted SK Innovation's merger with SK ie Technology on September 4, demanding the company submit amended disclosures by December 4. The FSS cited missing or unclear disclosures of material matters relevant to investment decisions. If SK Innovation fails to comply by the deadline, the original securities filing will be deemed withdrawn under the Capital Markets Act.

According to investment banking sources, Shinhan Bank completed a €600 million covered bond issuance yesterday (September 7), marking its return to the European market after more than two years. The 3.5-year fixed-rate green covered bond was priced at 19 basis points above EUR mid-swap, significantly lower than the initial guidance of 26bp, reflecting robust investor demand during the book-building phase. The bond carries an AAA rating. In comparison, Shinhan Bank's first European covered bond i

According to HSBC, on September 7, the bank downgraded its USD/KRW forecasts for end-2026 and mid-2027 from 1500 to 1320 and 1280 respectively, citing South Korea's record current account surplus. Asia FX Research Head Joey Chew noted that the annualized current account surplus reached $400 billion based on January-July data, described as a "transformative" factor for the exchange rate. This figure surpasses the combined $360 billion surplus accumulated from 2021 to 2025.

According to Ukrainian officials, overnight on September 8, Ukraine struck Russian oil refineries in the Perm region and Tatarstan. In response, Russia attacked a vessel carrying military cargo at the Chornomorsk port and struck the Izmail port, according to Russia's Defense Ministry statement on strikes against Ukrainian military transport and logistics infrastructure. Meanwhile, peace negotiations are showing new developments. According to Ukrainian President Zelenskyy, the U.S. has proposed a

Japan's second-quarter GDP deflator year-on-year final reading came in at 2.6%, meeting expectations and matching the prior quarter's figure.

According to LS Securities on September 8, Korea Electric Power (KEPCO) had its target price cut to 48,000 won from 52,000 won, a 7.7% reduction, as Middle East tensions push energy commodity prices higher. Dubai crude oil has surged past $100 per barrel, with liquefied natural gas and coal prices remaining elevated. Q3 operating profit is now projected to decline 66.3% year-over-year to 1.906 trillion won, with full-year operating profit estimated at 8.131 trillion won, down 39.7% from last yea