Gate Crypto Flash News and Market Updates

According to Guru Club, Singapore's benchmark stock index declined 1.2% to 5,076.81 points on June 4.

According to Jin10 Futures, on September 3 at 15:00 Beijing time, spot platinum rose 0.64% and spot palladium rose 0.91%.

According to Digital Times, Citi downgraded its Q3 operating profit forecasts and target prices for SK Hynix and Samsung Electronics today (September 3) due to weakness in the Korean won exchange rate. Citi reduced SK Hynix's Q3 operating profit estimate from 76.7 trillion won to 74 trillion won and lowered its full-year forecast from 261.1 trillion won to 254.2 trillion won, cutting the target price from 3.1 million won to 3.0 million won. For Samsung Electronics, Citi cut its Q3 operating prof

According to Foresight News and Term Labs, all fixed-rate loan positions in the affected vaults of the fixed-rate lending protocol Term Labs were fully recovered by August 25. The incident was confined to the liquid balance within Term vaults, while the core vaults and related strategies remain closed. Term V1 and V2 contracts were not compromised, and the direct lending market continues normal operations for supply, repayment, and liquidation activities.

According to Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer, equity market returns are expected to be more moderate over the next 12 months. Oppenheimer noted that the S&P 500 and global stock markets have delivered exceptional returns over the past year and year-to-date, but predicted that returns will decline from current levels as investors have already accumulated substantial gains.

Switzerland's second-quarter GDP grew 2.8% year-over-year, up significantly from the previous quarter's 0.5% growth rate.

Switzerland's second-quarter GDP grew 1.9% from the previous quarter, accelerating from 0.7% in the first quarter.

According to Yonhap Infomax, Japan's Nikkei 225 index fell 111.16 points to 64,214.48 on September 3, despite rebounds in U.S. equities overnight. The TOPIX index rose 20.44 points to 4,102.04. Escalating U.S.-Iran military tensions pushed oil prices higher, with WTI crude futures trading above $91 per barrel, limiting stock gains and fueling inflation concerns. The dollar-yen exchange rate declined 0.95% to 157.16 yen.

According to Beating AI, Alibaba's Qoder development assistant is launching an AI glasses version, initially integrating with Qiwen AI Glasses and LeQi AI Glasses. Users can issue voice commands through the eyewear, allowing Agents to execute tasks in the cloud or on computers. The glasses serve as visual and voice input, receiving instructions and reporting progress, while handling code recognition, error detection, and image capture. Qoder will be available for closed beta testing for Qiwen ve

According to Jin10, European natural gas futures paused their rally on September 3 after surging 10% over three consecutive trading sessions. The pullback follows Trump's remarks suggesting U.S.-Iran escalation may be resolved "very quickly," reviving market hopes for resumed negotiations and restored energy supplies from the Middle East. Despite the reprieve, benchmark natural gas contracts remain more than double pre-conflict levels, while European winter reserves are critically low, intensify

According to Digital Asset, Polymarket's Android app regained accessibility in South Korea on September 3, displaying market listings and prices normally, after the country's Broadcasting and Communications Committee approved access blocking on August 18 due to gambling concerns, with web and iOS platforms remaining restricted as of the same date.

According to Jin10, on August 26, China's Deputy Minister Ling Ji met with Russian Deputy Minister of Agriculture Markovich to discuss deepening agricultural trade cooperation between the two countries.

According to Korea Exchange, as of August 31, 756 listed companies have disclosed enterprise value enhancement plans, with their combined market capitalization reaching 5,074.4 trillion Korean won—83.4% of the total market. Major conglomerates led the shareholder returns push: SK Hynix announced a 40 trillion won share buyback and cancellation program, while Samsung Electronics outlined 90 to 110 trillion won in annual shareholder returns, including 30 trillion won in third-quarter cash dividend

The US dollar declined 1% against the Japanese yen intraday today (September 3), trading at 157.15.

According to Jin10, Russians have withdrawn 2.1 trillion rubles (approximately $25 billion) from the banking system in the first seven months of 2026, marking the largest increase since the start of the conflict. The shift signals growing public concerns amid escalating military developments near Russian territory. Central Bank data shows cash now represents a rising share of the money supply, reversing years of declining cash usage. The trend has prompted concern from Sberbank, Russia's largest

According to Social Graph VC, data center capital expenditure is projected to exceed $1 trillion in 2026, roughly double the 2025 spending levels of the four major hyperscalers. The report noted that AI investment currently accounts for approximately 0.9% of global GDP and is expected to rise to around 1.4% by 2028. CME has announced plans to launch cash-settled H100 and B200 monthly rental futures contracts on NYMEX on October 5, 2026, pending regulatory approval and referencing the Silicon Dat

According to ARK Invest researcher Lorenzo Valente, Ethereum operates similarly to a McDonald's franchise model, with its Layer 2 solutions enabling value capture through fee structures. Valente's recent analysis highlights that Ethereum retains lower fees at the settlement layer compared to Solana, which maintains a more vertically integrated approach and retains greater portions of fees and miner extractable value.

According to Token Terminal data, Arbitrum's real-world asset (RWA) market capitalization has surpassed $1 billion.

According to Maeil Economics, on September 3, Morgan Stanley appointed Kim Seok-bong, vice president at Citi Global Markets, as chairman and co-head of its Korea investment banking division, establishing a dual-leadership structure with existing CEO Kim Se-won. Kim Seok-bong led SK Hynix's recent U.S. depositary receipt (ADR) issuance, which raised approximately 40 trillion won and marked the largest-ever NASDAQ listing by a foreign company.