Gate Crypto Flash News and Market Updates

According to CoinDesk Research, the stablecoin market returned to growth in August, rising 1.19% to $311 billion, marking the first monthly increase after three consecutive months of decline. The stablecoin market share of the broader digital assets market, however, fell from 13.6% to 11.2%. Meanwhile, euro stablecoins surged 6.0% to a record $776 million in August, up 68.2% year-over-year.

According to BlockBeats citing GMGN data, on September 4 (tonight), FATCOIN and PONS reached new highs as MEME coin momentum cooled. FATCOIN's market cap surged to $20.98 million with a 24-hour gain of 509.3%. PONS briefly broke $780 million, currently trading at $760 million market cap.

According to Federal Reserve data, the secured overnight financing rate (SOFR) rose to 3.66% on September 3, up from 3.65% the previous day. The effective federal funds rate held steady at 3.63%, unchanged from the prior trading day.

White House National Economic Council Director Hassett said yesterday evening that he spoke with President Trump, clarifying that Trump did not provide any recommendations to the Federal Reserve.

According to Ivey, Canada's seasonally adjusted PMI reached 64.3 in August, rising sharply from 55.1 in the previous month.

Canada's Ivey unadjusted Purchasing Managers' Index (PMI) climbed to 62.7 in August from 54.1 in July, signaling an expansion in economic activity.

According to Bitget market data, over the past 24 hours, U.S.-listed crypto stocks mostly gained. Cipher Digital (CIFR) led with a 16.36% increase, followed by Riot Platforms (RIOT) at 14.30% and TeraWulf (WULF) at 10.28%. BitGo (BTGO) was the only notable decliner, falling 1.16%.

According to Jin10, Brian Hassett, director of the U.S. White House National Economic Council, stated recently that inflation has come under control. He characterized elevated oil prices as a short-term phenomenon.

According to Odaily, U.S. stock indices declined today at market open on September 4, 2026. The Dow fell 0.19%, the S&P 500 dropped 0.13%, and the Nasdaq declined 0.02%, while the VIX fear index fell 1.33%. AI-related stocks saw broad weakness, with UiPath plunging 10.14%, Ambarella down 5.66%, Adobe declining 5.27%, Atlassian off 2.18%, and Workday down 1.42%.

According to MSX.COM, the U.S. storage chip sector surged at the open on September 4. Micron Technology rose 3.6%, SK Hynix gained 2.64%, SanDisk climbed 4.6%, Western Digital advanced 2.87%, and Seagate Technology increased 4.11%. The Philadelphia Semiconductor Index also rose 2.14%.

According to BlockBeats, on September 4, U.S. AI stocks advanced, with CPO-related shares leading the rally. COHR surged over 6%, MRVL gained 3.95%, and AAOI rose 4.08%, according to BIT market data. In the semiconductor equipment sector, LRCX climbed 5.04% and ASML gained 4.25%, while Micron Technology advanced 3.88% and SK Hynix rose 3.58%.

According to TASS, Russia attacked a vessel at Ukraine's Chornomorsk port. The Russian military claimed responsibility for the strike on the strategic Black Sea port facility on September 4.

According to Koscom ETF Check data, individual investors in South Korea purchased 40.9 billion won of the ACE U.S. 30-Year Treasury Active ETF in the week ending September 4, marking the highest net inflow among all bond ETFs. The buying followed a sharp spike in U.S. long-term Treasury yields, with the 10-year yield climbing to 4.821% on September 2—the highest level since November 2023. The 30-year yield reached 5.30%. Investors also bought the ACE U.S. 10-Year Treasury Active ETF (1.39 billio

According to ChainCatcher, President Trump said the August employment data exceeded expectations with 160,000 new jobs added and called for the Federal Reserve to cut interest rates. Trump stated that the U.S. credit situation has strengthened significantly and the country should have the world's lowest rates, adding that high interest rates put America at an unfair disadvantage.

According to diplomats, the United States and three European nations aim to pass a resolution at the International Atomic Energy Agency (IAEA) Board of Governors meeting next week, seeking to refer Iran's case to the UN Security Council citing violations of its nuclear non-proliferation obligations.

According to Chainwire, Liquid Mercury's subsidiary ACQUA1 completed the initial closing of its MERC exchange offering on September 1, 2026. On September 2, ACQUA1 burned all 563,230,000 MERC tokens received at the closing by transferring them to the dead address. The offering issued 56,323,000 non-voting Class B units at a conversion rate of 10 MERC per unit. CEO Tony Saliba stated that the offering allows companies to tokenize assets using Liquid Mercury's existing infrastructure at significan

According to Yonhapinfomax, the U.S. Dollar Index (DXY) rose to 99.076 on September 4 morning (U.S. Eastern Time), gaining 0.109 points or 0.110% from the previous close of 98.967. The index crossed the 99 level during London trading, recovering some losses from recent declines following dovish remarks by Federal Reserve official Christopher Waller. Market participants are focused on the upcoming U.S. August employment report, expected to show nonfarm payroll gains of 56,000 and unemployment rat

According to Office of the Comptroller of the Currency (OCC) decisions published Wednesday, Revolut and Andreessen Horowitz-backed OpenReserve have received preliminary conditional approval to establish national banks in Connecticut and Utah, respectively. Both companies plan to offer cryptocurrency and stablecoin-related services. Revolut intends to provide digital asset custody and enable customers to use crypto assets, including stablecoins, for cross-border transfers, along with issuing Revo

According to Scotiabank Economics analyst Thomas Ryan, Canada's wage growth slowed to 2% year-over-year in August, the lowest 12-month increase since 2021. Employment fell by 41,700 in August while the unemployment rate held steady at 6.4%. Ryan stated that the wage deceleration indicates excess capacity in the Canadian economy, suggesting the Bank of Canada's recent hawkish shift may prove premature.

According to Jin10, Ryan Weldon, portfolio manager at IFM Investors, stated that next week's Consumer Price Index (CPI) data will be critical in determining whether the Federal Reserve takes action. Following the August jobs report, Weldon noted that if inflation does not show convincing decline, the Fed will need to act to maintain credibility after Powell's hawkish remarks at Jackson Hole.