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
23:16
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Newsom Says He Won't Run for President in 2028 if Harris Decides to Seek Nomination

According to Jin10 Data on September 15, California Governor Gavin Newsom stated that he would not run for president in 2028 if former Vice President Kamala Harris decides to seek the Democratic nomination, effectively ruling out a potential primary contest between the two prominent California Democrats. "I don't know if she'll run, but we'll see. But if she does, I won't," Newsom said. Newsom, unable to seek re-election as governor due to term limits, has publicly considered running for preside
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23:16
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NSA Launches Largest Restructuring in Decade, Establishes 5 New Agencies Including China Affairs Unit

According to the Washington Post on September 13, the U.S. National Security Agency (NSA) announced plans to launch its largest internal restructuring in at least a decade, establishing five new agencies focused on artificial intelligence, China affairs, cybersecurity, combat support, and global intelligence. The reorganization underscores a strategic shift in NSA priorities, with the China affairs unit reflecting increased focus on addressing challenges from Beijing.
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23:11
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Derive Forum Proposes V3 Deployment and Derive Chain Shutdown; Protocol Holds 95% of 30-Day Options Volume

According to ChainCatcher, Derive forum user domrom proposed on September 13 to deploy Derive V3, a zkVM program settling on Ethereum mainnet, and shut down Derive Chain following migration. As of September 7, Derive accounted for 95% of on-chain options premium volume over the prior 30 days, with approximately $2 billion in open interest. The migration will transfer all V2 positions and balances to V3 genesis state and move bridged funds to Layer 1. Users will not need to redeposit; genesis sta
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ETH2.32%
23:11
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Balancer Liquidation Proposal Heads to Snapshot Vote on Sept. 25-29

According to ChainCatcher, Balancer has launched a liquidation proposal written by Marcus Hardt that would distribute the protocol's treasury to BAL holders. Snapshot voting is scheduled for September 25-29. The protocol confirmed that liquidity pools and withdrawal functions continue to operate normally, with any liquidation action pending the vote outcome.
BAL-4.20%
23:09
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JPMorgan Upgrades Iren to Overweight, Raises Target to $65 on Nvidia Partnership

According to CNBC, JPMorgan upgraded its rating on AI data center company Iren (NAS:IREN) from Underweight to Overweight on September 14, raising the target price from $46 to $65, implying upside potential of approximately 48% from the previous close on September 11. JPMorgan analyst Richard Cho noted that Iren is establishing itself as a top-tier neo cloud provider through its strategic partnership with Nvidia, with accelerating customer acquisition and significantly higher contract pricing. Th
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23:00
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U.S. Senate Minority Leader Schumer Warns of AI Dangers on September 15

According to Guru Club, U.S. Senate Minority Leader Chuck Schumer warned on September 15 that artificial intelligence risks cannot be ignored despite having a "high-IQ president" in office. Schumer stated that warning signals about AI dangers are more evident now than at any previous time.
22:58
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Iran-Gulf Arab States Meeting on Strait of Hormuz Postponed on September 14 at Saudi Request

According to Reuters, a planned meeting between Iran and Gulf Arab states on maritime safety in the Strait of Hormuz was postponed on September 14 at Saudi Arabia's request. Oman's Foreign Minister Badr announced on September 13 that the conference scheduled in the southern city of Salalah would be delayed to allow for constructive dialogue. The postponement comes amid escalating attacks near the Strait of Hormuz and other critical Middle Eastern energy transport corridors, raising uncertainty o
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22:58
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National Pension Service Appoints Lee Gyuhong as CIO; Assets Surge to 1.8 Quadrillion Won

According to Yonhapinfomax, the National Pension Service appointed Lee Gyuhong as the new head of its asset management division (CIO) on September 14, with his term beginning September 15. Lee will oversee funds totaling 1,865.6 trillion won, marking a more than 100-fold increase from his previous role managing 16 trillion won at the National Academy of Teachers' Pension in 2019. His three-year track record there showed consecutive returns of over 11% annually, including a record 2.47 trillion w
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22:58
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Morgan Stanley Initiates Coverage on Echostar with Overweight Rating, $134 Price Target on September 14

According to CNBC, on September 14, Morgan Stanley analyst Sean Duply initiated coverage of Echostar (NAS:ECHO) with an Overweight rating and a $134 price target. Duply characterized the investment as an attractive discounted opportunity to gain exposure to private SpaceX. Echostar operates Boost Mobile and provides Starlink satellite services under a $17 billion radio frequency license agreement with SpaceX signed in September 2024. Duply noted that Echostar's stock has declined approximately 1
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22:56
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New Zealand House Prices Fall 1.3% in August as Buyer Caution Slows Sales

According to the Real Estate Institute of New Zealand (REINZ), house prices in New Zealand fell 1.3% month-on-month in August, also declining 1.3% year-on-year due to weak consumer confidence amid rising living costs and a softening job market. National home sales volumes dropped 1.9% month-on-month and nearly 10% year-on-year. REINZ CEO Lizzy Ryley stated, "Rather than seeing volatile price swings, the market rhythm has shifted—fewer transactions and longer selling times." The median time to se
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22:55
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Broadcom CEO Maintains AI Revenue Targets at $115B and $230B Despite Anthropic Slowdown Push on Monday

According to Broadcom CEO Hock Tan in a Monday CNBC interview, the chipmaker will maintain its AI semiconductor revenue targets of $115 billion in fiscal 2027 and $230 billion in fiscal 2028, brushing off concerns sparked by Anthropic CEO Dario Amodei's weekend essay advocating a slowdown in AI model development. Tan stated he remains confident in strong and durable demand for AI compute infrastructure, development, and inference products. The comments came as Broadcom shares fell 4.8% following
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22:55
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CrowdStrike Surges 14% to $235 on Monday as CEO Dismisses AI Development Slowdown

According to CNBC, CrowdStrike CEO George Kurtz said on Monday that slowing artificial intelligence development won't eliminate security risks, dismissing Anthropic CEO Dario Amodei's recent call for frontier AI labs to pause model advancement. "The genie's out of the bottle," Kurtz stated on Mad Money, noting that existing frontier and open-weight models already pose dangers. CrowdStrike shares surged 14% on Monday to close above $235 per share, with Palo Alto Networks jumping 13%. Kurtz argued
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22:51
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South Korea's Short-Term Note Market Intensifies as Samsung Securities Launches Product at 4.9% Yield

According to Yonhap Infomax, as of today (September 14), South Korea's short-term financing market is experiencing heightened competition. Korea Investment Securities recently introduced special-offer commercial papers with annual yields of 4.9% for one-year maturity and 4.7% for 181-day maturity, offering premiums of approximately 90–105 basis points above standard rates. Samsung Securities, which recently received short-term financing business approval, is preparing to launch its first product
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22:43
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Bank of America Warns of Fall Stagflation Risk Amid $6/Gallon Diesel, Rising 30-Year Yields, AI Investment Concerns

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
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22:37
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Federal Reserve Halts T-Bill Purchases for Second Consecutive Month, Continues $15.6B MBS Reinvestment

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.
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22:35
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PBOC to Conduct 500 Billion Yuan Reverse Repo Operation on Sept 15

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.