Gate Crypto Flash News and Market Updates

AI cloud services provider CoreWeave announced the offering of $3 billion in principal amount of convertible senior notes due April 1, 2033. The company also granted initial purchasers an option to buy up to an additional $500 million of the notes. CoreWeave plans to use part of the proceeds for capped call option costs, with remaining funds allocated for general corporate purposes.

On September 16, the U.S. House of Representatives passed the Ratepayer Protection Act with a 417-3 vote, marking the first major congressional legislation directly addressing economic concerns from rapid data center expansion. The bill requires state utility regulators to consider whether large electricity users, including data centers, should bear costs for new power infrastructure built to meet their demand. The move reveals growing tensions within the Republican Party ahead of the November m

According to Guru Club, Brent crude oil fell over 2% to $100.07 per barrel on September 17, while WTI crude declined 1.69% to $95.85 per barrel during intraday trading.

UK 30-year gilt yields fell 5.9 basis points intraday today, now trading at 5.8003%.

NAV Coin fell 12.48% today, dropping to $0.024946 from $0.028502 in just one hour. The sharp decline occurred despite the absence of a clear catalyst, with the cryptocurrency's 24-hour trading range spanning $0.024946 to $0.029716. With a market cap of approximately $1.92 million and 24-hour trading volume of $1,489.84, the rapid price movement has heightened scrutiny among traders amid broader cryptocurrency market volatility.

According to organizers, TOKEN2049 will return to Marina Bay Sands in Singapore on October 7-8, drawing 25,000 attendees from more than 7,000 companies across 160 countries. The event has announced its first 100 speakers, marking a shift toward institutional participation. Confirmed speakers include Shayne Coplan, CEO of prediction market platform Polymarket; Adena Friedman, Chair and CEO of Nasdaq; Jenny Johnson, CEO of Franklin Templeton; and Tom Lee, Managing Partner at Fundstrat. Senior lead

According to the Bank of England, the central bank predicts the inflation rate will reach 3.75% by the end of 2026.

The Bank of England announced it will publish the operational details of its multi-year plan by April 2027. The central bank has committed to disclosing further information on the strategy and implementation framework within the specified timeframe.

Bank of England Governor Andrew Bailey stated that energy prices have experienced significant increases since July, according to recent remarks.

The Bank of England said inflation may rise over the coming quarters, while economic activity has proven slightly stronger than expected. The comments reflect the central bank's latest assessment of the U.K. economic outlook.

According to the Bank of England, consumer price inflation is forecast to exceed 4% in early 2027. The central bank's July forecast had predicted inflation would peak at 3.2% in October or November 2026.

The Bank of England will suspend gilt auctions under its Asset Purchase Facility (APF) until April 2027. During this period, the central bank will consider selling gilts directly to the government instead of in the market.

According to the Bank of England Monetary Policy Committee on September 17, the central bank voted 9-0 to gradually unwind quantitative tightening at an average annual pace of £46 billion through 2034. The BoE's market survey expects the reduction pace for the 2026/27 fiscal year to reach £50 billion.

The Bank of England raised its third-quarter GDP growth forecast to 0.4% in its latest projection, up from 0.1% predicted in July.

The Bank of England kept interest rates unchanged today. The pound immediately fell against the dollar, declining 20 pips to 1.3388 in reaction to the decision.

According to CoinDesk, following the Federal Reserve rate hike, the cryptocurrency market experienced a liquidation wave with traders facing cumulative liquidations of $345 million. Zcash subsequently rose 17%.

On September 17, Canadian Prime Minister Carney delivered a speech at the European Parliament in Strasbourg, emphasizing the long-standing shared values and partnership between Canada and the EU. Carney stated that Canada and the EU are "not allies who stand together only in good times, nor do we seek zero-sum transactions," signaling commitment to strengthened bilateral cooperation.

According to Mitsubishi UFJ analyst Derek Halpenny, on Friday (September 17), if the Bank of Japan signals a rate hike smaller than market expects, the yen could weaken. The market widely anticipates a 25 basis point rate increase and possible signals of further hikes. However, with the market already pricing in 90 basis points of cumulative increases over the next 12 months, BOJ Governor Kazuo Ueda's guidance may fall short of expectations—a risk worth monitoring, Halpenny noted.

According to Xinhua Finance, on September 17, Kimi (a product by Moonshot AI) officially launched an AI solution for financial institutions, already deployed across dozens including Industrial Bank, CITIC Securities, China International Capital Corporation, and E Fund. The solution integrates over 10 data sources including Wind, Eastmoney, S&P Global, and Caixin, with nine professional capabilities covering financial modeling, research reports, earnings commentary, and portfolio reviews. The com

According to Lookonchain, investor Unipcs's crypto portfolio gained over $2.1 million in the past 24 hours on September 17, returning to the top of FOMO platform rankings. The investor maintained positions in PONS, USELESS, and MarsCoin despite recent market corrections.