Gate Crypto Flash News and Market Updates

According to ChainCatcher, Ethereum (ETH) broke through $2,450 on September 17, trading at $2,452 with a 24-hour gain of 1.86% based on Gate price data.

According to Chinese Embassy spokesperson Ji Lingpeng, on September 17, China rejected Poland's backing of the 2016 South China Sea arbitration ruling after Polish Deputy Foreign Secretary Bartoszewski stated in a Philippines media interview that China has an obligation to comply with the decision. China's embassy statement reaffirmed that the arbitration ruling is illegal, invalid, and has no binding force, and that China neither accepts nor recognizes it. The embassy urged Poland, which is not

According to Bloomberg, Libya's Hamada and Tahara oil fields resumed production this week after security forces reopened pipeline valves that had been shut down in a wage dispute. Masoud Suleman, chairman of Libya's National Oil Corporation, confirmed that normal production levels have been restored. Oil facility security personnel had closed a valve on the Hamada-Zawiya main pipeline on Tuesday, halting operations at both fields and the NC5 pump station.

According to Shanghai Futures Exchange (SHFE) data reported by Jin10, as of September 17, warehouse inventories across metal futures declined generally. Aluminum futures holdings fell to 189,895 tons (down 5,325 tons day-over-day), while zinc inventories decreased to 94,053 tons (down 980 tons), and silver holdings dropped to 1,397,769 kilograms (down 7,633 kilograms). Copper, lead, nickel, tin, and international copper futures inventories also posted declines. Gold futures inventories remained

According to Jin10, on September 17, pulp futures warehouse inventories rose to 419,913 tons, up 1,597 tons from the previous trading day. In the same period, low-sulfur fuel oil futures warehouse inventories remained at zero, declining 3,440 tons compared to the previous trading day.

According to Verisk Maplecroft, extreme weather linked to El Nino and conflict-driven supply chain disruptions are intensifying food security risks across Asia. The consultancy's report, released Thursday, highlights dual threats from Iran-related fuel and fertilizer shortages alongside extreme weather impacts. Indonesia, the world's largest palm oil producer, faces uncontrollable wildfires affecting harvests, while India—the global leading rice exporter—is experiencing monsoon rainfall 15% belo

On September 16, Lumentum and Coherent surged 9.6% and 6.9% respectively, bucking weakness across the S&P 500 following the Federal Reserve's rate hike. According to market analysts, traders are shifting funds into segments of the AI supply chain with proven demand and confirmed spending. Jake Behan, Direxion's capital markets lead, noted that investors favor areas with "actual orders and capacity expansion." Joseph DeYonker, PurePlay ETFs CEO, highlighted that optical connectivity manufacturers

Spot platinum and palladium rose 1.82% and 1.60%, respectively, by 3 p.m. Beijing time on September 17.

According to Arkham, over the past 20 days, BlackRock's spot Ethereum ETF ETHA has purchased approximately $1.27 billion in ETH, while its staking variant ETHB has bought around $296.5 million in ETH. During the period, ETHB recorded no single day of net outflows.

According to predict.fun, IG has a 55% probability to defeat TES in the LPL Worlds Qualifier today. The best-of-five matchup is scheduled for 5 p.m. today (September 17). The winner will secure the LPL third seed position for the 2026 League of Legends World Championship.

Turkey's BIST-100 index fell 1.3% during early trading on Sept 17, while the banking sector index rose 0.3%.

According to Yonhap Infomax, South Korea's KOSPI index closed down 2.56 points (0.04%) at 6,715.41 on September 17, pressured by concerns over a U.S. Federal Reserve rate hike and sustained foreign selling. The Federal Reserve raised its benchmark rate by 0.25 percentage points to 3.75–4.00% overnight, marking its first rate increase in over three years. The move widened the interest rate gap between the U.S. and South Korea back to approximately 1 percentage point, triggering continued foreign

According to Turkey's Financial Stability Committee, recent market issues are concentrated in specific segments of the fund market and are temporary and controllable in nature. The committee assessed that recent market volatility poses no fundamental or structural risk to the Istanbul Stock Exchange or Turkey's capital market operations.

According to a Morgan Stanley report from September 15, the bank maintained an overweight rating on SpaceX with a $300 price target, implying 102.5% upside from the current $148.15. The bank valued AI computing at $165, accounting for over half of total valuation, alongside satellite broadband at $118, rocket launches at $8, and X and Grok at $8. Morgan Stanley also raised 2026 earnings-per-share estimates by 1% and 2027 estimates by 3.8%, citing SpaceX's newly disclosed $1.1 billion neocloud tr

According to the South China Morning Post, citing two sources, senior executives from companies including BYD, Xiaomi, and ZTE Optoelectronic Technology Co. may join President Xi Jinping's U.S. visit next week. One unnamed source also noted that representatives from Chinese banks with existing U.S. operations and high international exposure could be invited. The development mirrors the large delegation of U.S. CEOs that accompanied President Trump during his China visit in May.

According to Jin10 and official sources, Russia launched overnight air strikes on Ukraine on Sept. 17, firing missiles and 157 drones targeting Kyiv, Zaporizhzhia, and Odesa. Ukraine's air force said it intercepted 131 targets, while Ukrainian drones struck one of Russia's largest refineries, the Yaroslavl Oil Refinery. Despite earlier signals of a potential energy ceasefire, both sides confirmed no agreement to halt attacks has been reached. Kyiv reported at least 16 injured with water supply d

According to BlockBeats citing GMGN data, PONS rose to a market cap of $650 million today (Sept 17), up 10% in 24 hours.

According to Guru Club, the Shanghai Containerized Freight Index Europe line main contract rose over 6% intraday on September 17, reaching 2173.0 points.

According to ChainCatcher, Elon Musk has moved into an Airstream trailer positioned near the xAI Memphis data center to personally oversee construction of the Colossus project and reduce commute time. The tech entrepreneur has been stationed in Memphis in recent months as SpaceX accelerates GPU deployment. SpaceX acquired xAI earlier this year and is positioning itself as both an aerospace and artificial intelligence company; the Memphis Colossus facility is one of its flagship data centers. The

According to Huawei Rotating Chairman Tony Tang at Huawei Connect 2026, the Ascend 960 AI chips have been advanced ahead of schedule with performance doubling. The Ascend 960DT will launch in Q1 2027, three quarters earlier than originally planned, while the Ascend 960PR will debut in Q3 2027, one quarter ahead of the original timeline. Tang also announced that Huawei will maintain an annual iteration pace, with the Ascend 970 planned for 2028 and Ascend 980 targeted for 2029.