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
13:33
0

Over $232M in Crypto Derivatives Liquidated in 24 Hours, Long Positions Hit $150M

According to Coinglass data shared by ChainCatcher, over $232 million in positions were liquidated across derivatives markets in the past 24 hours, with long positions accounting for $150 million and short positions $82.3 million. Bitcoin long liquidations reached $22.28 million while short liquidations totaled $3.22 million. Ethereum saw $44.27 million in long liquidations and $6.36 million in short liquidations. Across all markets, 110,906 traders were liquidated, with the largest single liqui
More
13:31
0

Saudi Arabia Shuts East-West Pipeline After Drone Attacks, Threatens 4M Bpd Export Capacity

According to Reuters, Saudi Arabia shut its East-West oil pipeline following drone attacks over the weekend, threatening a key export route carrying roughly 4 million barrels per day around the disrupted Strait of Hormuz. Traders told Reuters the outage could materially reduce Saudi exports if operations are not restored within days. Storage at the Yanbu port could sustain exports for only about five to seven days if the pipeline remains offline. Brent crude settled Friday at $104.61 per barrel,
More
13:31
0

Bitcoin Hashrate Below Late-2025 Peak for Over 300 Days, Longest Stretch in Decade

According to KuCoin, Bitcoin's hashrate has remained below its late-2025 peak for over 300 days, marking the longest period of low hashrate in nearly a decade. High-cost miners are being pushed offline as operating margins tighten, while large-scale operators pull ahead due to cheaper power and advanced ASIC technology, potentially reshaping the mining landscape.
BTC-0.94%
13:31
0

Brazil's Central Bank Capital Rules Prompt ~290 Crypto Exchanges to Exit, $7.2M Requirement Takes Effect

According to Bitcoin.com, on September 13, Brazil's central bank introduced capital requirements for crypto exchanges reaching up to 37.2 million reals (approximately $7.2 million). Among 200 to 300 local virtual asset service providers, only 10 to 25 are eligible to apply for licenses, with approximately 10 expected to receive authorization. Around 290 exchanges are projected to exit the market. Companies must submit applications by October 30, with non-applicants required to cease operations w
More
13:21
0

STRAX Climbs 11.79% to $0.01233 in 60 Minutes, Up 22.44% in 24 Hours

STRAX surged 11.79% to $0.01233 in the last 60 minutes, with 24-hour gains reaching 22.44%. Trading volume spiked significantly to approximately $1.39 million, reflecting heightened trading activity. The token moved from a daily low of $0.00999 to a high of $0.01233 during the period.
STRAX9.81%
13:21
0

JPMorgan Cuts Funding to Situational Awareness Hedge Fund on September 13 Following Loss Disclosure

According to BlockBeats, JPMorgan Chase cut funding to Situational Awareness, the hedge fund backed by "AI stock guru" Leopold, on September 13. Informed sources said JPMorgan, one of the fund's primary financing providers, terminated its lending relationship following a loss disclosure. Neither party commented. Other major Wall Street banks including Goldman Sachs, Citigroup, and Bank of America continue providing brokerage services to the fund, which recently added boutique broker Clear Street
More
13:14
0

Trump Says Iran War Will End Before or After U.S. Midterm Elections

President Donald Trump stated that the Iran war will end either before or shortly after the U.S. midterm elections, noting that Iran is very eager to reach a deal. Trump added that he does not care whether Gulf countries meet with Iran, describing it as their choice.
13:13
0

Apollo Study: Workers in AI-Exposed Roles See 6.7% Slower Wage Growth, No Major Job Losses

According to a recent study from Apollo Global Management's chief economist Torsten Slok, workers in occupations highly exposed to artificial intelligence experienced real-wage growth that was 6.7 percentage points slower after 2023 compared to those in less-exposed fields. The study found no statistically significant effect on employment levels, suggesting companies may be capturing productivity gains from AI through wage compression rather than workforce reduction. However, labor market expert
More
13:12
0

Rhine River's Low Water Level Could Cost Germany Billions in Economic Losses, September 13

According to Jin10, German business leaders warned on September 13 that the Rhine River's low water levels could cause significant economic losses due to reduced cargo shipping capacity. The spokesperson for the Rhine Valley-Palatinate Chamber of Commerce described the situation as "very serious," with substantial losses expected this year, though it remains uncertain whether they will exceed 2018 levels. The 2018 low-water crisis caused at least €2.4 billion in economic damage.
13:07
0

Circle Acquires Tazapay for $400 Million to Expand USDC in Asia-Pacific

According to ChainCatcher, Circle announced an all-stock acquisition agreement for Tazapay valued at approximately $400 million, marking the company's largest deal since 2018. Tazapay operates a payments network across Asia-Pacific and emerging markets. The acquisition will help Circle expand USDC adoption in the region.
USDC0.01%
13:07
0

AI Agents Account for Under 7.5% of x402 Protocol Transactions, TRM Labs Study Finds

According to blockchain intelligence company TRM Labs, AI agents are responsible for a minimal share of payment volume on Coinbase's x402 protocol, according to research published Wednesday. TRM examined $52.7 million across 198.9 million settlements processed by known x402 facilitators on Base, Solana, and Polygon since May 2025. After excluding self-payments and anomalous flows, researchers estimated that just 0.6%–7.5% of the remaining $25.62 million in commerce by value appeared to come from
More
SOL-2.31%
13:05
0

Zcash NU7 Voting Closes September 14; Community Considers Smooth Emission Curve Over Halving

According to CryptoSlate, voting on Zcash's NU7 network upgrade closes on September 14. The proposal would replace periodic halvings with a smooth emission curve, while another agenda item discusses reducing block intervals from 75 seconds to 25 seconds. The upgrade maintains ZEC's total supply cap and only adjusts the token release schedule. ZEC traded at 1,093.21 USD on September 13, hitting its highest level since 2018, and ranks 10th by market capitalization.
13:05
0

BTC Could Accelerate Lower If Breaks Below $76,500 Support, Jiang Zhuoer Says

According to ChainCatcher, on September 13 Litbit pool founder Jiang Zhuoer identified $76,500 as a critical support level for Bitcoin. If this level breaks, the downtrend could accelerate toward the prior low of $75,500, Jiang said. He also flagged next week's CLARITY Act vote and Federal Reserve announcement as potential market catalysts.
BTC-0.94%
13:05
0

Trump Backs Irish Unification During Ireland Visit, UK Politicians Oppose

According to Jin10, on September 12, U.S. President Trump stated during a visit to Ireland that he hopes to see Ireland and Northern Ireland achieve unification. The comment triggered strong opposition from UK lawmakers. UK Conservative Party leader Kemi Badenoch said on social media that Trump was "making things up," comparing it to his previous remarks about Greenland and making Canada the 51st U.S. state. She emphasized that "Northern Ireland is part of the United Kingdom." UK Reform Party le
More
13:03
0

Tokenized Equities Market Cap Surges to €1.9 Billion in 18 Months, ESMA Warns of Liquidity Fragmentation

According to a European Securities and Markets Authority (ESMA) report released today, the market value of tokenized equities has surged to nearly €1.9 billion from approximately €300 million over the past 18 months. ESMA warned that issuing multiple tokenized versions of the same stock could fragment liquidity and create systemic risks. The regulator noted that these offshore structures, while claiming 1:1 backing by equities, function as wrapped securities with ownership records held off-chain
More
ONDO-2.42%