Gate Crypto Flash News and Market Updates

According to Bloomberg, the Pentagon's deputy secretary Stephen Feinberg will brief House members on Thursday regarding the $1.5 trillion defense budget needed for fiscal 2027. The briefing will take place during a closed-door classified session. Defense Secretary Pete Hegseth previously met with lawmakers to defend the unprecedented budget increase.

According to BitGo's official announcement, institutional clients have cleared over $2 billion in notional volume on CROSSx through its Go Network. The platform enables clients to trade without holding assets directly, with execution, custody, clearing, and settlement separated—a structure mirroring traditional financial markets.

On Monday (Sept 14), U.S. stock index futures closed lower as traders digested market developments. Nasdaq-100 futures declined 0.67%, the largest loss among major benchmarks, while S&P 500 futures fell 0.34%. Dow Jones futures dropped 0.20%, and Russell 2000 futures slid 0.31%.

According to Bank of Korea data released on September 15, South Korea's export prices fell 3.7 percent month-on-month in August, the largest decline since December 2022. Import prices fell 2.4 percent over the same period. The won's appreciation against the U.S. dollar and declining chemical product export prices drove the export price decrease. On a year-on-year basis, export prices rose 42.4 percent while import prices climbed 15.6 percent. South Korea's merchandise terms of trade index surged

U.S. stock markets declined on September 14 as leaders from major artificial intelligence companies called for slowing development pace. The Dow Jones Industrial Average fell 152.09 points (0.29%) to 52,421.20, the S&P 500 dropped 37.00 points (0.48%) to 7,619.98, and the Nasdaq Composite declined 146.62 points (0.56%) to 26,186.41, according to the New York Stock Exchange. Fears of reduced semiconductor demand dominated trading, as Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman, and Elon Mus

According to Yonhap Infomax, South Korea's Financial Services Commission vice chairman Kwon Dae-young held the 5th productive finance council meeting on September 14 to discuss strategies for internalizing productive finance practices. The commission noted that Q2 nominal GDP grew 26.4% year-over-year, marking the highest level in 47 years, with manufacturing and finance-insurance sectors' operating surplus rising 18.5%. As of July, productive finance supplied 272.3 trillion won, with the Export

On Monday (September 14) at the New York close, spot gold fell 1.15% to $4,298.88 per ounce, sliding toward the 50-day moving average at $4,270.99. At 9:09 p.m. Beijing time, gold was trading at $4,253.79 per ounce, having broken below the 100-day moving average ($4,331.57) on Thursday. Spot silver declined 1.98% to $63.2157 per ounce and was also approaching its 50-day moving average at $62.5664. COMEX copper futures fell 2.30% to $6.3975 per pound. The Philadelphia Gold and Silver Index droppe

According to IRS guidance, brokers submitted initial Form 1099-DA filings in early 2026 covering gross proceeds from 2025 digital asset transactions. Starting with the 2026 tax year, brokers must also report adjusted cost basis for covered assets acquired and held continuously within the same account. The IRS ended universal accounting effective January 1, 2025, requiring wallet-by-wallet and account-by-account basis tracking. Revenue Procedure 2024-28 provided a one-time safe harbor to help tax

According to Kraken's announcement on Monday, the crypto exchange launched onchain yield vaults for tokenized stocks and ETFs, allowing clients to earn returns by lending assets through decentralized finance protocols. The xStocks vaults support SPYx, QQQx, and NVDAx, with yield generated by lending through DeFi markets such as Kamino on Solana. Returns are paid in the deposited xStocks tokens, powered by Veda infrastructure and Sentora's lending strategies. Kraken's launch comes amid rapid grow

South Korea's export price index year-over-year decline eased to 42.4% in August, down from 49.1% in the previous month, according to official data.

According to Politico, California Governor Gavin Newsom stated today that he will not run for president in 2028 if former Vice President Kamala Harris decides to run.

According to Xinhua, on September 14, President Trump expressed openness to negotiations with Iran and called for countries to compensate the U.S. for its role in escorting oil shipments through the Strait of Hormuz. Trump stated that Iran is "eager" to reach an agreement and that the U.S. is "open" to the prospect. However, Trump previously indicated that any U.S.-Iran conflict would end "immediately" after the November U.S. midterm elections, and that resuming negotiations is not currently und

According to Ethlabs researcher Derek Chiang, Ethereum L1 and Base have diverged as efforts to align account abstraction standards EIP-8130 and EIP-8141 have failed. The two chains are now pursuing separate paths, with Ethereum L1 prioritizing security and censorship resistance, while Base emphasizes scalability and compliance. This divergence could lead to fragmentation in transaction standards and wallet functionalities across the ecosystem.

According to The Information, Shield AI is in talks to raise funding at a valuation of at least $20 billion.

According to The New York Times, President Trump called Nvidia CEO Jensen Huang on Monday.

According to Jin10, Serbian President Aleksandar Vučić announced on the evening of September 14 that he will step down as president on September 27. After resigning, Vučić said he will run as an ordinary citizen and campaign across the country. Earlier this month, the Serbian Progressive Party nominated Vučić as its lead parliamentary candidate and prime minister candidate. He signed a presidential decree dissolving parliament on September 9 and called for early elections on October 25.

According to the Blockchain Association, the organization called for clear regulatory frameworks for cryptocurrencies at the Solana Institute Summit, with speaker Summer Mersinger emphasizing the need for bipartisan support. The CLARITY Act has become central to policy discussions in Washington, with industry leaders advocating for consumer protections while fostering innovation in the digital asset space.

According to Bitcoin Magazine, Bitcoin surged approximately 25% in August 2026, closing near $78,000—marking the strongest monthly performance of the year and the first positive August since 2021. The rally was fueled by U.S. Treasury purchases expanding long-term bond buybacks, which depressed yields and triggered billions in short liquidations. Meanwhile, core CPI rose 0.3% month-over-month last week, exceeding expectations, as U.S. debt reached $40 trillion amid an ongoing affordability crisi

On Monday (September 14), the U.S. storage chip and hardware supply chain index declined 6.21% to 190.76 points. Teradyne led the decline with a 13.30% drop, while Rambus Research, SK Hynix ADRs fell at least 7.6%, and Rambus, Applied Materials, and Micron Technology shed at least 5.25% each.

According to Houthi spokesperson Yahya Saree, Houthi air defense forces intercepted two batches of Saudi fighter aircraft over Saada province on September 14. The aircraft, identified as Typhoon and F-15 jets, were deployed from Saudi air bases in Khamis Mushayt and Taif. Houthi forces used multiple homemade air-defense missiles in the interception, forcing the warplanes to retreat.