Gate Crypto Flash News and Market Updates

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.

According to Bloomberg, Microsoft-backed artificial intelligence company G42 has begun preliminary discussions with potential investors to raise billions of dollars in funding. The company is exploring becoming one of the first UAE government-linked AI enterprises to expand capital through external investment. The funding size and deal structure remain undetermined, and discussions are in early-stage exploration, according to sources familiar with the matter.

According to SuiNetwork on social media, Kravata has officially launched regulated stablecoin infrastructure on Sui, targeting the LATAM market with services enabling stablecoin transfers and payouts. The platform serves over 5 million users across LATAM and offers zero gas fees with rapid settlement times. The launch aims to enhance Sui's position in the stablecoin landscape while streamlining digital financial access in the region.

According to Chainalysis, $457 billion in on-chain taxable crypto activity occurred in 2025. The blockchain analysis firm's report underscores growing regulatory scrutiny as agencies prepare for the implementation of DAC 8 and CARF frameworks by 2027.

According to Iran's state media reported on September 2, Iranian border forces seized a foreign tugboat suspected of smuggling diesel fuel in the northern Persian Gulf, confiscating 382,000 liters of diesel and arresting 11 foreign suspects. The operation was conducted by border units in Khuzestan Province following intelligence indicating the vessel's involvement in fuel smuggling activities in Iranian territorial waters.

According to The Block, Bitcoin miner Cango posted a net loss of $81.6 million in Q2, with total revenue of $50.8 million down roughly 50 percent from Q1, of which $47.4 million came from Bitcoin mining. The company produced 656 BTC during the quarter and holds 1,065 BTC in reserves, valued at approximately $82.8 million. Cango is streamlining operations by retiring older S19 mining rigs and converting some capacity to managed hosting arrangements. To reduce per-unit production costs, the miner

According to Jupiter, Solana launched Universal Deposit, enabling users to send tokens directly from Ethereum, Arbitrum, Base, and Sui to their Solana wallets with a flat fee of $0.30 per transaction. The feature eliminates the need for bridge applications or network switching, streamlining the cross-chain transfer process and enhancing user experience in Solana's ecosystem.

According to The Block, Hyperscale Data (GPUS) shut down all bitcoin miners at its Michigan data center on Sept. 1 to pivot toward AI infrastructure. The Nasdaq-listed company's stock traded as low as $0.22 on Tuesday morning, extending its 2026 decline to over 76%. The site is being redeveloped under a master services agreement with an unnamed California-based company covering 20 megawatts, with an estimated contract value of $1.2 billion over 20 years and a potential 32 megawatt expansion opti

According to ChainCatcher, Nomura's digital asset subsidiary Laser Digital announced a partnership with Keyring Network to serve as a risk governance provider for institutional lending markets, with the first market launching on Euler Finance. Laser Digital will contribute governance standards and portfolio structuring, while Keyring provides infrastructure including access verification, risk parameter quantification, and liquidation frameworks. According to DefiLlama, Euler currently locks $368

AI customer service startup Wonderful completed a Series C funding round of $550 million at a $5 billion valuation. Insight Partners led the round, with Salesforce joining as a new investor alongside existing backers Index Ventures, Bessemer Venture Partners, and IVP. The company's enterprise AI agent platform has been live for 20 months, operating across over 30 markets with hundreds of deployed agents across multiple verticals including customer service and employee systems.

According to its August report, the Danish central bank intervened in the foreign exchange market in August, purchasing 5.6 billion Danish kroner (870 million US dollars) to support the weakening krone. This marks the second intervention since June. The krone hit a new low of 7.4761 per euro on August 7, marking its lowest level since the euro's inception in 1999. Persistent currency pressure may eventually force the central bank to raise borrowing costs, though analysts expect the bank to hold

According to Dutch Central Bank, the bank transferred approximately 86 tons of gold worth about $12 billion from New York and Ottawa to London between March and August, amid concerns over escalating global geopolitical tensions. The transfer represents more than one-quarter of the bank's gold previously held in the US and Canada. London now holds nearly one-third of the Dutch Central Bank's total gold reserves, making it the largest storage location. Central Bank Governor Olaf Sleijpen said the

According to Odaily, Unipcs purchased approximately 3.8 million JINQIAN tokens on September 2 at 22:55 UTC, investing a total of $98,700 at an average price of $0.0259 per token. The transaction comprised two separate trades of approximately $49,500 and $49,200 respectively. The current position is valued at $244,000, with an unrealized gain of $140,000, representing a 146% return. The wallet remains in a holding position.

According to Odaily, Robinhood Chain's network gas fees have surged to 0.026944 ETH (approximately $64.53), exceeding Ethereum mainnet levels. The spike comes amid rising on-chain transaction activity on the Robinhood Chain network.

According to PANews, on September 2, Trump proposed renaming the Strait of Hormuz to 'Trump Strait' in a Truth Social post. He suggested that after the U.S. 'controls' the strategic waterway, the renaming would make the region 'hotter than ever before,' similar to the United States.

According to Lookonchain, a trader on Robinhood's JINQIAN meme coin achieved approximately 10x profit in a single transaction on September 2. The trader spent 8 ETH (approximately 19,000 USD) to acquire 6.28 million JINQIAN tokens and subsequently sold all holdings for 82.54 ETH (approximately 198,000 USD), realizing a gain of 74.54 ETH valued at approximately 178,600 USD. JINQIAN's market capitalization reached 70 million USD within one hour of launch.