Gate Crypto Flash News and Market Updates

According to HTX trading data, Bitcoin broke through $76,010 today, rising 0.18% in the past 24 hours.

According to BofA analyst Mark Cabana, a decision by the Federal Reserve to hold interest rates steady on Wednesday would be "unprecedented," even as markets price in more than a 90% chance of a rate hike. Cabana told CNBC that since 2007, he has not observed the Fed hold rates when markets were pricing in such a high probability of a move. He expects the more likely outcome to be a 25-basis-point hike, with the market reaction heavily dependent on the Fed's communication. The FOMC rate decision

According to Reuters, on Wednesday, oil prices fell sharply as Saudi Arabia offered crude to Asian refiners through ship-to-ship transfers from Oman's Sohar port, easing concerns over disruptions at its Red Sea port of Yanbu. Brent crude futures for November delivery dropped 3.1% to $105.36 per barrel, while West Texas Intermediate (WTI) contracts expiring in October fell 3.3% to $102.3 per barrel. According to the U.S. Energy Information Administration (EIA), U.S. crude inventories fell by 600,

According to FinanceFeeds, Aave founder and CEO Stani Kulechov announced during Avalanche Summit that the protocol is preparing a dedicated real-world asset lending hub on Avalanche. The hub will allow institutions to use tokenized financial assets as collateral to borrow stablecoins without selling underlying positions. "Institutions come with size, so that's where a lot of the demand will come," Kulechov said. He also argued for an "Uber path" to DeFi regulation, where decentralized finance gr

According to Jin10, Federal Reserve Chair Jerome Powell stated today in a press conference that inflation is too high and has persisted too long, with no meaningful improvement visible in summer inflation data. Powell emphasized that the Fed's primary focus is price stability, noting that numerous categories in recent CPI and PCI data showed increases exceeding 3% over both the past six and twelve months.

According to the White House spokesman on September 16, President Trump reaffirmed his belief that the Federal Reserve should maintain its independence.

Spot gold dropped over $100 from its daily high, breaking below $4,260 per ounce with an intraday decline of 0.78%.

According to Gate data, gold (XAUUSD) declined to $4,291.07 per ounce in the past 24 hours, down 0.3%.

According to Odaily and Gate data, Germany's DAX 40 index broke through 25,600 points to trade at 25,602.71 as of September 16, up 0.6% over the past 24 hours.

According to the project schedule, Bitcoin Core 32.0 entered release-candidate testing on Monday, with developers targeting October 10 for the final release. The update accelerates block verification by reading database information in parallel, while defaulting wallet commands to a newer transaction format for partially signed transactions. Security patches address a flaw where crafted wallet names could trigger commands on non-Windows systems, and fix excessive memory consumption in the HTTP se

Federal Reserve Chair Walsch said today (Sept 16) that the rate hike decision represents a strong consensus among policymakers.

According to 1inch's official announcement, the platform has launched Arc, a new feature enabling seamless asset swaps and transactions across multiple blockchain networks. The feature simplifies the cross-chain trading experience for users navigating different ecosystems. Arc enhances 1inch's decentralized exchange aggregator utility by facilitating interoperability across diverse blockchain networks.

In a recent tweet, Michael Saylor, co-founder of MicroStrategy, stated that Bitcoin is "crystal clear." The post accumulated over 3,900 likes and nearly 400 retweets, reflecting significant engagement from the crypto community.

According to the Solana Foundation, Project Harmonia launches across Europe today, beginning at the House of Sol in London. The initiative, developed in partnership with Allfunds and iobuilders, aims to enhance community engagement and address distribution challenges within the Solana ecosystem. Following the London event, the program will continue to Luxembourg, Frankfurt, Madrid, Milan, and Paris.

The House Ways and Means Committee advanced the Digital Asset Tax Certainty Act recently with a bipartisan vote of 38-5, according to X account standwithcrypto. The legislation aims to establish a clear framework for crypto taxation, providing clarity for everyday users engaging in staking and stablecoin transactions.

According to Axios, Google and DeepMind launched the DeepMind Institute on Wednesday, bringing together researchers and outside academics to examine how artificial general intelligence could affect society. The institute, led by Shane Legg, James Manyika, and Demis Hassabis, aims to make complex research accessible and encourage broader debate about AGI's future. The institute's first publications cover economic policy, model reasoning transparency, global access to AGI, and human flourishing. L

According to Alex Giuliano, chief investment officer at Resonate Wealth, on September 17, Federal Reserve rate hikes may help stabilize the bond market despite being within market expectations. Giuliano noted the move marks "a clear shift from the Fed signaling a hardline stance on inflation to taking concrete action." He added that while additional rate hikes later this year would not be surprising, the Fed typically avoids signaling moves in advance to prevent increased market volatility ahead

According to CNBC, Sarah Heck, head of public policy at Anthropic, said on September 16 at the Politico Decoded Summit in Washington, D.C., that artificial intelligence companies cannot manage oversight and safety concerns by following an "honor code." "We can't be checking our own homework," Heck said, emphasizing that Anthropic wants to work with government to establish proper regulatory frameworks rather than rely on industry self-regulation.

According to CME FedWatch, after the Federal Reserve's September rate hike, the probability of the central bank maintaining rates at 3.75%-4.00% in October stands at 59.5%, with a 40.1% chance of a 25 basis point increase and 0.5% for a 50 basis point hike. For December, the market prices in a 54.0% probability of cumulative 25 basis point increase from current levels, 28.9% for cumulative 50 basis points, and 16.7% for maintaining current rates.

According to ChainCatcher, Fed Chair Powell recently stated that financial conditions are not restrictive, a view widely shared within the FOMC.