Gate Crypto Flash News and Market Updates

According to Bank of America's Chief Investment Strategist Michael Hartnett, markets are facing three converging pressures that could trigger autumn stagflation: record-high diesel prices at $6 per gallon, 30-year Treasury yields at their highest since 2007, and productivity concerns despite over $1.5 trillion in AI investment over the past three years. Hartnett warned in the latest "Flow Show" report that diesel cost surges pose a critical threat to the real economy, as shipping, trucking, agri

According to Bitget, Ethereum broke above 2,600 USDT today, trading at 2,600.31 USDT and up 4.98% intraday.

According to Business Insider, Google has allowed all its engineers to use Anthropic's Claude model. The move indicates expanded access to third-party AI tools within the company's engineering teams.

According to the New York Federal Reserve, on September 14, the central bank announced it will suspend Treasury bill purchases (reserve management purchases, or RMP) for one month beginning September 15 through October 14. This marks the second consecutive month of suspension. Meanwhile, the Fed will continue reinvesting principal from maturing mortgage-backed securities (MBS) into Treasury bills at approximately $15.6 billion during the same period.

According to sources, Saudi Arabia is seeking to increase crude oil exports through the Strait of Hormuz further, with outflows already raised above August levels in the first 10 days of September. The country plans to increase supply further going forward.

According to the People's Bank of China, on Sept 15, the central bank will conduct a 500 billion yuan outright reverse repurchase operation (reverse repo) with a maturity of 6 months. Meanwhile, the PBOC reported that M2 money supply rose 7.5% year-over-year to 356.81 trillion yuan at end-August, while total social financing (TSF) increased 23.91 trillion yuan cumulatively in the first eight months, down 2.64 trillion yuan compared to the same period last year.

Apple officially launched iOS 27 on September 14, introducing a redesigned Siri AI that can search personal data stored on devices including emails, messages, and calendar events. The new Siri enables multi-turn conversations and cross-app task completion, positioning it as a key step in Apple's efforts to compete with OpenAI, Anthropic, and Google in AI. iOS 27 supports iPhone 11 and later, but advanced Apple Intelligence features require iPhone 15 Pro or newer. Siri AI is currently in beta and

According to TheStreet, Elon Musk stated on X on Sept. 14 that "a welfare state and free immigration will obviously bankrupt any country," arguing that "AI + robotics is the only path to universal high income" for people globally. The Tesla and xAI chief contends that automation-driven productivity is essential to fund universal income without triggering fiscal collapse.

According to ChainCatcher, U.S. Treasury Secretary Scott Bessent stated that the CLARITY Act equips the Treasury Department with additional authority to intervene if stablecoins cause deposit outflows damaging community banks. Bessent emphasized that protecting the community banking sector remains a priority, and pledged to use these tools without hesitation if stablecoins threaten their stability.

On September 15, U.S. President Trump called claims that artificial intelligence will destroy humanity a "hoax," comparing such narratives to conspiracy theories he has previously criticized. He described AI doomsday scenarios as more absurd than other theories he has dismissed.

According to Fox Business, Senate Democrats are expected to convene tonight to discuss strategy on the Clarity Act and coordinate a counter-proposal following the Republican text released yesterday. The bill will face its first major test in the Senate chamber within 24 hours.

According to Fox Business reporters Eleanor Mueller and Brendan Pedersen, several Senate Democrats who previously supported the Clarity Act remain dissatisfied with the bill's current ethics provisions as of September 14. Senators Ruben Gallego and Angela Alsobrooks, who backed the measure out of committee in May, have not yet taken a public stance, with earlier expectations that stricter ethics language would be added before full chamber consideration. Reporter Jasper Goodman notes that Kirsten

According to Bloomberg, Aon Plc raised $13.5 billion through a high-grade bond offering on September 14 to finance its planned $17 billion all-cash acquisition of USI Insurance Services, marking one of the largest M&A financing deals of 2026. Investor orders for the bond sale reached $65 billion, with longer-dated bonds attracting the highest demand. Aon issued notes across seven tranches with maturities ranging from three to thirty years. For the longest-maturity bond, yield spreads narrowed by

According to Yonhapinfomax, the U.S. dollar rose for a third consecutive day on September 14 (U.S. Eastern Time), climbing 0.668 yen (0.435%) to 154.357 yen against the Japanese yen. The dollar index tracking the currency against six major peers gained 0.374 points (0.377%) to 99.490. Oil prices surged following Saudi Arabia's halt of its East-West crude pipeline on September 11, with WTI crude gaining 1.34% for October delivery. President Trump's statements suggesting potential negotiations wit

According to CNBC, Wolf Research upgraded Affirm Holdings (NASDAQ: AFRM) to Outperform from Neutral on September 14, setting a $90 price target, implying roughly 26% upside from the previous close. Analyst Darren Feller cited strong Affirm Card growth, expanding 0% APR offerings, and market share gains from new merchant partnerships as key reasons for the upgrade. Affirm shares rose 2.72% to $73.38 on the news.

According to Crypto In America host Eleanor Terrett, eight bank industry associations sent a letter to Senate leadership criticizing the new Clarity Act's deposit outflow circuit breaker mechanism, stating it provides no genuine safeguard and only activates after significant withdrawals have already occurred. The associations also called for tighter language around stablecoin rewards to close what they view as remaining loopholes allowing interest-like payments on stablecoin balances.

According to Bloomberg, X Corp and SpaceXAI asked a Texas federal court on Monday (September 14) to drop Apple from their antitrust lawsuit while keeping their claims against OpenAI. In a filing dated September 14, the two companies said they had resolved their dispute with Apple and requested dismissal of those claims with prejudice. Apple did not oppose the request. The filing provided no details on settlement terms or whether money changed hands. US District Judge Mark Pittman in Fort Worth,

According to ChainCatcher, Bulgaria's National Assembly passed amendments to the Tax and Social Security Procedure Act on Sept 9 with 149 votes in favor, 0 against, and 10 abstentions (out of 240 seats), granting the Bulgarian National Tax Agency access to comprehensive cryptocurrency user data. Under the amendments, crypto asset firms must register and report users' names, addresses, birth dates, tax residency, and tax numbers, as well as transaction details including gross amounts, transaction

iShares Silver Trust, the world's largest silver ETF, saw holdings decrease by 25.28 tons overnight, reaching 15,291.6 tons as of today (Sept. 14).

According to Castle Securities, the European Central Bank's rate hike last week drove European and UK bond yields higher amid global debt market sell-offs. However, weak economic growth may ultimately limit further upside in yields. The ECB's decision cited rising inflation risks, while energy dependency has prompted traders to prepare for potential additional rate increases.