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
15:37
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U.S. Bancorp CEO: AI Slowdown at Barclays Conference Gives Banks Breathing Room

According to U.S. Bancorp CEO Gunjan Kedia, speaking at a Barclays conference, calls for slowing the artificial intelligence race are benefiting companies actually deploying these tools. Kedia noted that the bank's applications do not require the most advanced frontier models, and he sees the slowdown in model upgrades as providing banks with 'breathing room' to fully leverage the technology they already have.
15:37
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Trump's HHS Pick Says Vaccines Don't Cause Autism at Senate Confirmation Hearing

Nicole Saphier, Trump's nominee for head of the U.S. Department of Health and Human Services, said at a Senate Health Committee confirmation hearing that she does not believe childhood vaccines cause autism. Saphier expressed support for universal hepatitis B vaccination, noting that evidence demonstrates the birth dose is safe and effective.
15:32
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Bernie Sanders Opposes $2.8 Billion Military Aid Package to Israel

U.S. Senator Bernie Sanders said the American public has grown tired of funding Israel's military operations in Gaza, arguing the Trump administration is further escalating the situation by allocating $2.8 billion in taxpayer funds for weapons transfers to what he termed the 'extremist' Netanyahu government. Sanders called on Congress to reject the aid agreement.
15:32
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Crypto Traders Surge Into Tokenized Gold, Oil on MEXC, September 10-11 Volume Spikes 357% Ahead of Fed

According to MEXC data, crypto traders on the platform surged into tokenized gold, oil and stocks on September 10-11, just ahead of the Federal Reserve's September 16 interest rate decision. Trading volume in tokenized gold (XAUT spot) jumped 357.8% on September 10 versus the prior day, then rose a further 177.8% on September 11, while oil-linked products rose 198.5% in a single day on September 11. The two-day concentration reflects event-driven positioning as market expectations shifted rapidl
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XAUT1.34%
15:31
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Pyth Network Launches Pyth Pro and Indices on Arc Today

According to Pyth Network's official announcement, Pyth Pro and Indices were launched on the Arc platform today (September 16). Pyth Pro provides real-time data feeds while Indices serve as benchmarks for asset price tracking, designed to enhance data accessibility for developers and institutional users.
PYTH-3.83%
15:31
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Apple Evaluates Return to Server Market, Developing AI Server With M8 Ultra and NVLink Fusion for 2029 Launch

According to The Information, Apple is evaluating a return to the enterprise server market and developing an AI server equipped with two or four M8 Ultra processors, reported today (Sept 16). The company is considering using Nvidia's NVLink Fusion technology to interconnect the chips, with the product potentially launching in 2029. This would mark Apple's first dedicated server hardware since discontinuing the Xserve product line in 2011. Unlike current AI infrastructure focused on model trainin
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15:27
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UN Chief Says Palestinian and Sudan Crises Must Be Resolved for Regional Peace

According to UN Secretary-General António Guterres, the Middle East cannot achieve peace without resolving the Palestinian crisis, and the Horn of Africa cannot achieve peace without addressing the Sudan conflict. The remarks underscored the UN chief's assessment that regional stability depends on tackling these long-standing disputes.
15:24
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Federal Reserve Raises Interest Rates by 25 Basis Points to 3.75-4.00% on September 16, First Hike Since 2023

On September 16, the Federal Reserve is expected to raise interest rates by 25 basis points, pushing the federal funds rate to a target range of 3.75-4.00%, marking the first rate increase since 2023. The decision comes as Fed Chair Kevin Warsh, confirmed by the Senate and sworn in on May 22, navigates his first rate decision. The Personal Consumption Expenditures index, the Fed's preferred inflation gauge, clocked in at 3.7% year-over-year in July, nearly double the central bank's 2% target. Pr
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15:23
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House Democrats Push to Strip Tax Incentives from Data Centers, 14% Currently in Opportunity Zones

A growing coalition of House Democrats, led by Minority Leader Hakeem Jeffries and Rep. Jim McGovern, is pushing to eliminate federal tax incentives for data centers, arguing that server farms consume excessive energy and strain local communities while receiving generous tax benefits. About 14% of existing U.S. data centers and 17% of those planned or under construction sit inside Opportunity Zones, qualifying them for capital gains deferrals and exclusions originally designed for economically d
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15:23
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SparkLend TVL Surges 55% to $7.39B in September

According to DefiLlama, SparkLend's total market size surged 55% since the start of 2026 to reach $7.39 billion in September. The protocol's actual TVL stands at approximately $4.96 billion, with roughly $2.436 billion in active loans outstanding. From May 2026 to September, SparkLend added over $1.3 billion in locked value, making it the third-largest lending protocol by TVL. SparkLend is fully deprecating its Gnosis Chain deployment as of September 14, 2026. Any outstanding loans on that chain
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ETH-1.59%
15:19
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Iranian Parliament Speaker Kalibaff Questions Fed Rate Hikes Ahead of Decision, Proposes 'Strait Taylor Rule'

According to Jin10, Iranian Parliament Speaker Mohammad Baqer Kalibaff posted on September 16 that rate hikes cannot open the Strait of Hormuz or increase oil production. Kalibaff proposed a modified "Strait Taylor Rule," arguing that the natural interest rate is not neutral but rather a risk premium for the strategic waterway, set by Iran. He dismissed the effectiveness of 25 basis point increases in influencing geopolitical chokepoints.