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
19:13
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North Sea Crude Spot Premiums Surge to Record High of $35/bbl on Friday as Saudi Pipeline Shutdown Tightens Supply

According to Jin10, on Friday, September 18, North Sea crude oil spot premiums surged to record levels following shutdowns in Saudi Arabia's east-west pipeline, which supplies Europe. European refiners rushed to secure alternative supplies, with Norwegian Johan Sverdrup crude trading at a premium of up to $35 per barrel above Brent spot prices, compared to only 60 cents two weeks earlier. Saudi Aramco informed European customers that it would be unable to meet long-term supply agreements next mo
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19:12
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Senator Hagerty Critiques SEC Policies in WSJ Letter on September 18

According to the Wall Street Journal, Senator Bill Hagerty published a letter on September 18 criticizing SEC rules for being exploited by political activists to impose policies on companies. Hagerty argues that these practices undermine shareholder value and corporate governance, emphasizing the need to prioritize shareholder interests over activist agendas. His comments reflect growing political pushback against perceived regulatory overreach in how the SEC governs corporate actions.
19:07
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Barclays Initiates Coverage of HELP with $35 Target, Implying 150% Upside Ahead of Q4 Trial Data

According to Barclays, the brokerage on Friday initiated coverage of Helus Pharma (HELP) with an Overweight rating and a $35 price target, implying approximately 150% upside from the stock's last close around $14. All 10 analysts covering HELP rate it a 'Buy,' with an average 12-month price target of $41.40, according to data from Koyfin. Investors are awaiting late-stage APPROACH study results for HLP003, a deuterated psilocin drug for major depression, expected in the fourth quarter. If succes
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19:03
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Trump Clarifies Iran Stance, Says 'Wait and See' on September 18

According to Newsmax, President Trump on September 18 said he would "wait and see" on the Iran situation, clarifying his previous remarks. In an interview, Trump stated that Iran currently seeks negotiations and is losing on "all fronts"—both financially and militarily. He added that he would not consider any deal unless it is a fair agreement. Trump also mentioned ongoing talks with Yemen's Houthi forces, saying both sides are exploring the possibility of reaching a deal.
18:56
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OpenAI Researcher Launches Jev Model This Week; Developers Report 5-18x Speed Gains vs ChatGPT

According to TechCrunch, Diogo Almeida, a former OpenAI researcher who helped develop reinforcement learning from human feedback (RLHF), unveiled a new model called Jev this week through his startup TypeSafe AI. Unlike traditional large language models, Jev does not output text but instead produces calibrated probabilities, eliminating hallucination risks and reducing computation costs. Developers testing Jev reported significant performance improvements. Vercel engineer Pranit Sharma said his c
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18:49
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Kansas City Fed Chief Schmid Says U.S. Debt Buybacks Won't Complicate Fed Policy

According to Jin10, Federal Reserve Bank of Kansas City President Jeff Schmid said today that recent U.S. Treasury yield increases stem primarily from artificial intelligence investment demand and geopolitical challenges rather than monetary policy factors. Schmid also stated that the U.S. Treasury's debt buyback program will not add difficulty to the Federal Reserve's policy implementation.
18:49
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U.S. Dollar Index Posts Strongest Weekly Gain in Three Months, Up 1.1% This Week

According to Jin10, the U.S. dollar index (DXY) is on track to record its strongest weekly performance in three months, up approximately 1.1% this week. The surge follows signals from the Federal Reserve indicating further rate increases and steady U.S. economic growth. JPMorgan, Standard Chartered, and Brown Brothers Harriman all noted that the Fed's first rate hike in over three years has removed a major headwind for dollar strength. On Friday, DXY broke above its 200-day moving average, a tec
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18:43
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Kevin O'Leary Predicts Bitcoin Hits $1 Million if Quantum Computing Threat Resolved

According to Kevin O'Leary speaking at the Avalanche Summit yesterday (September 17), Bitcoin could reach $1 million if the industry resolves the quantum computing threat known as "Q-Day." The investor said institutions currently treat Bitcoin more as a novelty than a core holding due to concerns that sufficiently powerful quantum computers could one day break the encryption securing Bitcoin wallets. O'Leary also revised his previous investment thesis, stating that instead of betting on Bitcoin
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BTC5.70%
AVAX7.99%
ETH6.54%
18:42
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Haruko Suffers Targeted Cyberattack Affecting 15 Clients This Week, Some Assets Lost

According to CoinDesk, the London-based institutional crypto services provider Haruko suffered a targeted cyberattack this week that affected 15 clients, with some smaller hedge funds experiencing asset losses. Attackers exploited vulnerabilities in Haruko's infrastructure to extract user access tokens and retrieve read-only exchange API credentials and other data stored in process memory. Clients' own system login credentials were not compromised. Haruko co-founder and CTO Adam Carlile stated t
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18:35
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Greenlight's Einhorn: Younger Investors Abandon Homeownership for Crypto on Sep. 17

According to Morgan Stanley's Break the Playbook podcast, on Sep. 17, David Einhorn, founder of hedge fund Greenlight Capital, warned that younger generations are prioritizing crypto and stock speculation over homeownership. Einhorn noted that young people prefer to "speculate in crypto or speculate in stocks" rather than commit to long-term wealth building through purchasing homes, citing impatience and the appeal of short-term gains.
18:33
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U.S. Military Death Toll in Iran Conflict May Exceed Pentagon Records by 4-5 Personnel

According to The Washington Post, citing multiple U.S. officials, on September 18, the actual U.S. military death toll from the conflict that began on February 28 may exceed Pentagon's publicly disclosed figures. The Pentagon's casualty database currently shows 18 military personnel killed, but five informed officials stated the actual death toll is at least 22, with another official estimating 23, with some deaths not included in public records. Over 820 U.S. military personnel have been wounde
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18:33
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Korea Investment Securities Advisor Recommends Brazil Dollar Bonds at 7%, U.S. Treasuries at 5% for Inflation-Era Portfolios

On Sept 14, Shin Hwan-jong, advisor at Korea Investment Securities, outlined investment strategies for an extended inflationary period ahead. Shin forecasted that sticky inflation will persist for the next three to five years, driven by AI investment demand, geopolitical tensions including the Russia-Ukraine and Iran-U.S. conflicts, and increased liquidity from digital asset adoption. Shin recommended U.S. long-term Treasuries, with 10-year yields exceeding 5% and 20- to 30-year yields sustained
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