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
16:48
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ProCap Financial Sells ~50 BTC, Repurchases Over 2% of Shares; Holdings Fall to 5,305 BTC

According to Businesswire, ProCap Financial, the bitcoin treasury company backed by Anthony Pompliano, sold approximately 50 BTC on Sept 4, with proceeds used to repurchase over 2% of outstanding shares at a 40% discount to net asset value (NAV). Since launching its share buyback program, the company has repurchased approximately 10% of outstanding shares. As of Sept 2, ProCap Financial held approximately 5,305 BTC and stated it will continue evaluating additional buyback opportunities when shar
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BTC4.26%
16:43
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Blackstone Caps BCRED Redemptions at 5% After 10% Withdrawal Requests Hit $4.4B

Blackstone imposed a 5% quarterly redemption cap on its flagship private credit fund BCRED in Q2 2026 after withdrawal requests reached approximately 10% of outstanding shares, roughly $4.4 to $4.5 billion. This marks the first time the firm has enforced the redemption gate since BCRED's launch in 2021. The fund, which manages $79 billion in assets, saw net outflows of about 3% as a result. In the prior quarter, Blackstone had temporarily lifted the cap and honored all redemptions using capital
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16:43
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UK Gilt Purchases Surge 34% as Long-Term Yields Hit 5.83%, Highest Since 1998

According to Hargreaves Lansdown platform data, gilt purchases surged 34% in the 30 days leading up to August 21, 2026, as long-term UK yields climbed to 5.83%, the highest level since 1998. The sell-off was driven by concerns about the UK fiscal deficit, heavy global debt issuance, and geopolitical tensions. Retail investors were attracted partly by tax advantages: capital gains on UK gilts are exempt from Capital Gains Tax. Low-coupon gilts trading at discounts offered particularly compelling
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16:43
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Bitwise Premium RWA Vault (PAPY) Reaches $8M in Deposits Within One Day of Launch

Bitwise's Premium RWA Vault (PAPY) reached $8.022 million in deposits on September 3, within one day of its launch on the Morpho lending protocol on Ethereum. The vault, which went live on September 2, offers an instantaneous net APY of 5.22%. Deposits are denominated in AUSD, Agora's USD-pegged stablecoin backed by short-term US Treasuries and managed by VanEck with custody at State Street. The vault charges a 0.39% management fee with no performance fee and a capacity cap of approximately $1 b
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MORPHO-2.15%
ETH3.90%
16:43
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Tyson Foods Cuts Full-Year Profit Outlook Again as Cattle Shortage Crushes Beef Margins

Tyson Foods, the U.S. largest meat processor, slashed its full-year adjusted operating income outlook for the second time in a month, citing severe cattle shortages that have compressed profit margins significantly. The company now projects adjusted operating income of $1.85 billion to $2.05 billion, with beef operations expected to post an operating loss of $625 million to $775 million. The stock fell 8.5% on the revised guidance, marking its lowest level since November of last year.
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16:43
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XRP Tops Crypto Questions at Bitwise Wealth Summit, Draws $1.8B in ETF Inflows Since November 2025

According to Bitwise, on September 2, XRP was the most asked-about cryptocurrency at a presentation to roughly 400 wealth managers, surpassing Bitcoin, Solana, and stablecoins. US-listed XRP ETFs have accumulated approximately $1.8 billion in net inflows since their November 2025 launch, according to SoSoValue data as of early September 2026. Bitwise's internal survey found 67% of attendees do not currently allocate client portfolios to cryptocurrency, yet 60% expect crypto prices to finish 2026
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XRP8.88%
BTC4.26%
SOL4.43%
16:42
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Roth Capital Partners' Darda Sees No Labor Market Overheating; Participation Falls to 61.5% in June

According to Michael Darda, chief economist at Roth Capital Partners, the U.S. labor market showed no signs of overheating as of June 2026. Labor force participation fell to 61.5% that month, marking its lowest level since March 2021, before declining further to 61.4% in July. Nonfarm payrolls added just 57,000 jobs in June, undershooting expectations, though the unemployment rate did tick down to 4.2%. The Bureau of Labor Statistics attributed roughly 43% of the participation decline to a popul
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16:41
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Trump-Portrait Dollar Coins Begin Circulation in U.S., Priced at $61 Per Pack

According to the U.S. Mint, Trump-portrait dollar coins began circulation today (September 4) and are available for purchase in packs of 25 or 100, priced at $61. The coins mark the first time a living American has appeared on U.S. currency since 1866. The obverse features Trump's portrait, while the reverse displays the presidential seal with the number "250" to commemorate the nation's 250th anniversary.
16:39
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Italian 10-Year Yields Fall 5bp on Thursday, Largest Drop in Eurozone Sovereigns

On Thursday, September 3, Italian 10-year sovereign debt yields fell 5.0 basis points to 4.158% during European market close, marking the largest decline in the eurozone's bond market. German 10-year yields dropped 3.3bp to 3.343%, while French yields declined 4.7bp to 4.204%. Spanish and Greek 10-year yields fell 4.6bp and 4.9bp to 3.783% and 4.016%, respectively.
16:36
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U.S. Services PMI Rises to 55.4 in August, Beats Expectations

According to the Institute for Supply Management (ISM), U.S. services sector purchasing managers' index (PMI) reached 55.4 in August, up 1.3 points from July's 54.1 and exceeding market expectations of 54.3. The S&P Global services PMI confirmed reading came in at 56.5, also surpassing expectations of 56.2. ISM's services committee chair noted that tariffs and Middle East tensions remain key supply chain concerns. According to S&P Global, third-quarter GDP is now expected to grow at an annualize
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16:35
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Apple Faces $2.7B Lawsuit From App Developers Over App Tracking Transparency Rules Before New Product Launch

According to Reuters, Apple faced a £2 billion (approximately $2.7 billion) class-action lawsuit on September 4 from app developers who accused the company of abusing its market dominance through the App Tracking Transparency (ATT) rules. The plaintiffs alleged that Apple imposed stricter requirements on third-party applications than on its own services, giving its advertising business a competitive advantage and causing substantial losses to companies dependent on the Apple platform.
16:35
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Cornell Survey Reveals 72% of El Salvador Residents Own Bitcoin Amid Dollar Shortage

According to Cornell University's Bitcoin Adoption Index survey, El Salvador, Venezuela, and Nigeria top global rankings for Bitcoin ownership among respondents, with 72%, 44%, and 44% respectively ever owning the asset. The survey of 25,880 respondents across 25 countries found that Bitcoin adoption concentrates in economically unstable nations with limited dollar access and currency debasement, rather than wealthy financial centers. Among Bitcoin owners, investment opportunity (79%) and person
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BTC4.26%
16:32
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Strive CEO Eyes Second-Largest Bitcoin Treasury by Year-End, Adding 3,156 BTC in August

According to The Block, Strive CEO Matt Cole said on Wednesday the bitcoin treasury company could end 2026 as the world's second-largest public bitcoin holder after acquiring 3,156 BTC in August alone. Cole noted this outcome would require several factors to align but said he believes it is possible. The company currently holds 23,156 BTC, worth approximately $1.9 billion, and ranks fifth among public bitcoin treasuries. Cole pointed to over $700 million in outstanding Strive (ASST) warrants exp
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BTC4.26%
16:31
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Dell Stock Surges 7% on Thursday as AI Server Orders Hit $60.9 Billion

According to Excellent Analysis, Dell Technologies stock surged 7.02% to $526.78 on Thursday (September 4), extending gains from the previous trading session's 15.8% jump as the market digested strong AI server order growth. The company reported AI server orders of $60.9 billion in the latest quarter with revenues of $16.4 billion, while order backlog climbed to $95 billion. For fiscal 2027 Q2, Dell projects revenues of $47 billion (up 58% year-over-year) and adjusted EPS of $7.04 (up 203% YoY).
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16:31
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ServiceNow Surges 5.99% to $144.91 as Market Revalues AI Platform Role

According to 優分析, ServiceNow (NOW) surged 5.99% to $144.91 in Thursday trading on Sept 4, as the market reassessed the company's positioning in enterprise AI adoption. CEO Bill McDermott clarified that ServiceNow differs from traditional SaaS competitors. As enterprises deploy AI models and agents, they require a central platform to connect AI systems with existing ERP, CRM, IT, HR, and security infrastructure—controlling data access, task execution, and workflow coordination across departments.
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