Gate Crypto Flash News and Market Updates

According to the Petroleum Association of Japan (PAJ), Japan's commercial crude oil inventory as of September 5 declined to 11.45 million kiloliters from 12.46 million kiloliters the previous week, a decrease of approximately 1.01 million kiloliters. The refinery's operable capacity utilization rate (BPSD) rose to 82.9% from 82.6% in the prior week, while design capacity utilization (BPCD) decreased to 76.6% from 77.6%.

According to Israeli officials, Israel has notified the British consulate located in East Jerusalem to cease operations within 30 days. The directive marks an escalation in tensions between the two countries.

According to Israeli officials, Israel has notified the British consulate in East Jerusalem that its diplomats will have their accreditation revoked within 30 days.

According to Bank of America, the U.S. is projected to face a shortfall of 230 gigawatts of generating capacity by 2030, while utilities are on track to add only 93 gigawatts. The gap reflects growing concerns over energy supply capacity as demand continues to rise across multiple sectors.

According to Korea Exchange data, on September 9, South Korean refineries and petrochemical stocks surged as crude oil prices climbed due to Middle East tensions. The KOSPI index rose 1.36% to 7,049.09, with refineries and petrochemical companies leading gains. Lotte Chemical (011170) jumped 12.89% to 64,800 Korean won, while Korea Petrochemical Industries (006650) climbed 11.23% to 108,000 won. West Texas Intermediate crude oil broke above $93 per barrel, with Brent crude approaching $100, spur

According to PANews, on September 9, VanEck is recruiting three digital asset-related positions: VP of Regulatory Operations for Digital Assets, Director of Business Development and Partnerships for Digital Assets, and Associate Product Manager for Digital Assets.

According to prediction market data monitored by PPP, Polymarket odds for Apple's foldable iPhone launching in the U.S. at above $2,100 surged to 70%, rising 20% over the week, ahead of the company's scheduled product event on Sept. 10 Beijing time. Odds for a price above $2,200 fell to 30%, down 29% weekly. Market expectations for the entry price range from around $2,000, according to analyst Mark Gurman, to approximately $2,099, per Bank of America estimates.

According to OKX, LIT rose over 8% in the past 24 hours, now trading at $5.09 as of September 9.

According to Yonhap Infomax, on September 9, South Korea's Financial Supervisory Service launched forced investigations against four current journalists suspected of insider trading using positive news articles. The agency deployed 10 investigative teams simultaneously to search the journalists' residences and workspaces, including press seats at FSS headquarters—marking the first time the agency has conducted forced searches of a journalist's desk. The alleged scheme involved manipulating rough

According to Financial Times on September 9, Iran's central bank is easing foreign exchange restrictions and permitting enterprises to use cryptocurrency, particularly Tether (USDT) and Bitcoin, for cross-border trade in response to U.S. sanctions and economic pressures. Sources familiar with the matter stated that the central bank has quietly encouraged companies to repatriate overseas funds through local cryptocurrency exchanges and open market channels, with officials no longer questioning th

According to a survey of 34 economists by Jin10, Poland's central bank is expected to hold its benchmark interest rate at 3.75% on Wednesday, as fuel prices have pushed inflation closer to the central bank's tolerance ceiling. The ongoing Middle East conflict has constrained global oil and gas supplies, accelerating price growth in Poland and other energy-importing nations.

According to Visa, the company's stablecoin annualized settlement volume surpassed $20 billion on September 9, with year-over-year growth exceeding 15 times. In the second quarter, more than 160 stablecoin-linked card projects were live on the Visa network, with related payment volumes up nearly 200% year-over-year, demonstrating accelerating adoption of stablecoins in bank card payment and settlement scenarios.

According to Bank of Thailand Governor, the 2.3% GDP growth forecast for 2026 is too low.

According to Sui Network, the blockchain platform will launch its AI Builder Lab at Token2049 in Singapore on October 7-8. The initiative aims to engage developers through hands-on experiences in building innovative applications on the Sui ecosystem.

According to Edaily, South Korea's KOSPI index gained 1.07% to 7,028.71 points as of 1:21 PM on Sept 9, reclaiming the 7,000 level despite regional geopolitical tensions. The index briefly surged to 7,112.48, up 2.27%, as semiconductor stocks strengthened on the back of overnight gains in U.S. chip equities. SK Hynix rose 3.01% to 1.847 million won, while Samsung Electronics was essentially flat at 269,750 won. Retail investors sold 1.86 trillion won of shares, while institutions purchased 699 b

According to Hana Securities, on September 9, senior research director Lee Kyung-soo concluded that dominant stock market rallies face headwinds in the near term. The firm analyzed 17 past instances of such rallies, finding an average duration of 2.4 months spanning approximately 20% of the analytical period. Current market conditions differ from historical patterns. Forward PER stands at 5.6x, roughly half the average of 10.2x during past rally periods. Additionally, sentiment indices show weak

According to Ant Group, on September 9, the fintech company open-sourced Ling-3.0-flash-Fin, a finance-focused AI model for investment research, valuation modeling, and report generation. The mixture-of-experts model has 124 billion total parameters and activates 5.1 billion per token. Ant Group also open-sourced FinFIRST, an expert-built benchmark for financial search agents developed with support from China International Capital Corporation Limited's investment banking team. The model is avail

According to Solana, Peaq officially launched on the Solana blockchain through Sunrise on September 8. The integration expands Peaq's blockchain presence and enables greater interoperability, allowing the project to access Solana's large user base, high transaction capacity, and low transaction costs.

According to Foresight News, OSL (HKEX:863), a stablecoin payments and trading platform, has partnered with Waka, a liquidity and settlement platform connecting emerging markets, to integrate institutional-grade stablecoin infrastructure into Waka's settlement network. The partnership will enable stablecoin-to-USD conversion and USD payment capabilities, targeting African and global trade corridors that have historically lacked traditional banking services. OSL stated that the collaboration intr

According to Mark Gurman of Bloomberg, Apple will introduce iPhone Duo, its first foldable iPhone, this Wednesday (Sept. 9) with a starting price of $2,000. The top-tier storage model is priced at approximately $3,000, and the device will support Apple Pencil. The foldable phone comes in white and deep blue color options and will be available in October. Apple's iPhone 18 Pro series will also receive an upgrade to the Dynamic Island, which will now support handling three tasks simultaneously. Th