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
13:22
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Wells Fargo Cuts S&P 500 Year-End Target to 7,700, Leaving Only 1% Upside

According to Wells Fargo on Sept. 14, the bank cut its S&P 500 year-end target from 7,950 to 7,700 points, citing limited catalysts for further gains and rising political and sector-specific risks. The new target implies just 1% upside from the index's recent close of 7,619.98, significantly below Wall Street consensus expectations for an 8,000-point breakthrough by year-end. Wells Fargo noted the market has entered the "later stage" of the business cycle, typically accompanied by contracting va
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13:21
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Russian Tu-95MS Bombers Conduct 5-Hour Flight Over Barents and Norwegian Seas on September 15

According to Russia's Defense Ministry, on September 15, Tu-95MS strategic bombers conducted a planned flight over neutral waters of the Barents Sea and Norwegian Sea, lasting approximately five hours. Su-33 fighter jets from the Russian Navy provided escort. During portions of the route, the bombers were accompanied by foreign fighter jets, the Defense Ministry stated.
13:17
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Federal Reserve Extends RMP Pause Through Mid-October, Markets Expect Resumption Next Month

According to the Federal Reserve announcement on September 15, the central bank extended the pause on Reserve Management Purchases (RMP)—used to manage banking system reserves—through mid-October, meaning it will not purchase U.S. Treasuries for this purpose during the period. The Fed will maintain zero RMP purchases this month. Market strategists from Wells Fargo and Bank of America expect the Fed to resume purchases in mid-October. Barclays analyst Samuel Ure forecasts the Fed will resume at $
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13:17
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Strike CEO Mallers Says Both Fed Rate Hikes and Cuts Lead to Inflation as U.S. Debt Exceeds 120% of GDP

According to a recent interview with Bitcoin Magazine, Strike founder and CEO Jack Mallers said that whether the Federal Reserve raises or cuts interest rates, both paths ultimately lead to inflation, given that U.S. debt now exceeds 120% of GDP. Mallers pointed to Japan as a cautionary example, where authorities have resorted to yield curve control and central planning to maintain currency stability, suggesting the U.S. is heading toward a similar situation. He characterized Bitcoin as the asse
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STRIKE-12.09%
BTC-0.95%
13:13
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Kioxia Eyes $10 Billion US ADR Listing as Early as Next Year

According to Bloomberg, Kioxia Holdings is considering a U.S. American Depositary Receipt (ADR) offering to raise at least $10 billion as early as next year. The Tokyo-based memory chip maker is in discussions with Bank of America, Goldman Sachs, and JPMorgan regarding the potential listing, Bloomberg reported on Tuesday, citing people familiar with the matter. Kioxia confirmed it is preparing an ADR listing on a U.S. exchange but said timing and structure remain undecided. The move follows SK H
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13:13
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Former Google DeepMind Researcher Warns AI Could Kill Humanity, Time to Prevent Catastrophe 'Running Out'

According to Reuters, former Google DeepMind researcher Bilal Chughtai warned on Monday, September 14, that artificial intelligence poses an existential risk to humanity. In a post on X, Chughtai stated he "seriously believes AI has the potential to kill us all" and that "we may be gradually losing time to prevent this outcome." Chughtai, who worked as a research engineer at Google DeepMind on AGI safety and alignment research before departing in July 2026, argued that AI development can still p
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13:13
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Kraken Adds Onchain Yield to SPYx, QQQx and NVDAx

Kraken announced vaults allowing eligible clients to allocate SPYx, QQQx and NVDAx tokenized assets to onchain lending strategies. Yield accrues continuously and is paid in the same xStock deposited. The vaults are available through Kraken and Kraken Pro in the European Economic Area and other supported markets, but not in the United States, United Kingdom, Canada, Australia or United Arab Emirates. Clients can allocate less than one dollar and request withdrawal at any time, though xStocks are
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13:13
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Broadridge Expands Digital-Assets Platform to US Wealth Firms, Partners With Anchorage Digital and Galaxy

Broadridge announced the US expansion of its digital-assets platform, enabling broker-dealers, registered investment advisers and wealth managers to integrate cryptocurrencies and tokenized securities alongside traditional investments. Anchorage Digital and Galaxy are the first named infrastructure providers in the platform's ecosystem, with Anchorage offering institutional custody and settlement capabilities and Galaxy providing digital-asset market infrastructure. The platform allows firms to
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13:13
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US Seeks $61 Million Crypto Forfeiture Tied to $1.5B Iranian Oil Sales Network

U.S. prosecutors are seeking forfeiture of approximately $61 million in cryptocurrency allegedly generated through black-market sales of sanctioned Iranian crude oil, according to the Department of Justice. Two Chinese companies, Blessed Trust and Hexa Whale, allegedly used trading accounts on Binance to launder proceeds from illicit Iranian oil sales and funnel funds to the Iranian government and entities connected to the Islamic Revolutionary Guard Corps. Authorities identified a network of cr
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13:12
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Webull Adds CME Nano Futures in Mid-September at One-Tenth Micro Contract Size

According to Webull's announcement, the broker will give eligible futures customers access to CME E-nano S&P 500 and E-nano Nasdaq-100 futures in mid-September. The contracts are sized one-tenth of comparable Micro E-mini futures, allowing retail traders to adjust index exposure in smaller increments and potentially lower the dollar amount per contract. Webull Futures is offering the products to U.S. customers through its existing platform, subject to account, margin, risk and jurisdictional req
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13:11
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Huawei Targets Becoming NVIDIA in ICT and Computing, Guo Ping Reveals Strategy on AI Models

According to Huawei's official Heart & Soul community, Guo Ping, Chairman of the Supervisory Board, revealed on September 15 that Huawei's goal in ICT and computing sectors is to become NVIDIA. The company's core advantage lies in supporting customers to build excellent large language models, ensuring that any major global model can run efficiently on Huawei's Ascend, Kunpeng, and cluster platforms. Huawei will pursue a differentiated strategy across business units: terminal and autonomous drivi
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13:10
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Chinese Commodity Futures Open Mixed on September 15 Night Session

According to Guru Club, Chinese commodity futures opened mixed overnight on September 15. Ethylene glycol rose 1.51%, Shanghai silver gained 0.87%, copper climbed 0.47%, and aluminum added 0.33%. On the downside, crude oil fell over 2%, fuel oil dropped 1.83%, coking coal declined 1.73%, and glass lost 1.19%.
13:09
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Lotte Card Announces 38.2 Billion Won Interim Dividend on September 15, Up 62% YoY

According to Yonhapinfomax, Lotte Card announced on September 15 a board decision to distribute 38.2 billion Korean won in interim dividend to shareholders. The interim dividend represents a 62% increase from last year's total dividend payout of 23.6 billion won. This marks the first interim dividend distribution to major shareholder MBK Partners since MBK acquired 59.8% stake in Lotte Card in 2019. Lotte Card expects net profit recovery to exceed pre-cybersecurity incident levels by year-end 20
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