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
17:40
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Iran Unveils Kasem Bashir Ballistic Missile with Enhanced Range and Precision on September 7

According to CCTV, Iran unveiled a new ballistic missile named Kasem Bashir on September 7. The missile features solid fuel propulsion, electro-optical guidance, and a half-ton warhead, with extended range and improved accuracy. Iran stated the unveiling marks a milestone in its national defense strategy, signaling a shift from passive deterrence to active defense.
17:35
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Trader Killa: Altcoins May Have Bottomed, Shares SOL +50% and HYPE +70% Positions on September 8

According to BlockBeats, trader Killa stated on September 8 that altcoins may have bottomed early and represent a selective buying opportunity before the next bull market. Killa disclosed several active positions, including SOL purchased at $76, which has gained approximately 50%; HYPE entered at $51.55, now up about 70%; and ASTER wave trades expected to gain 50-100%. He plans to continue holding these positions while identifying additional altcoin opportunities.
SOL-1.75%
HYPE-2.55%
ASTER1.34%
17:12
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Lululemon Stock Plummets 17% to 8-Year Low After Fiscal 2026 Guidance Cut

According to Lululemon's SEC filings dated September 3, 2026, the company's stock (NASDAQ: LULU) fell 17.4% on September 4, closing at $100.61 from $121.77, marking the first close below $100 since May 2018. The sell-off followed a fiscal 2026 revenue guidance cut to $10.35–10.50 billion, down from a March outlook of $11.35–11.50 billion, and a third-quarter revenue decline of 10% to 11% year-over-year. Americas comparable sales fell 12% in the quarter, marking the tenth consecutive quarter of d
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17:03
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Senate to Vote on CLARITY Act on September 15; Stand With Crypto Urges Public Input

According to Stand With Crypto, the Senate will vote on whether the CLARITY Act advances on September 15. The advocacy organization is calling on crypto users to participate in the legislative process, emphasizing that the community deserves a voice in shaping critical regulations. Stand With Crypto has provided tools to facilitate public engagement ahead of this pivotal decision.
17:00
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UK PM Discusses Ukraine Ceasefire and Strait of Hormuz With Trump on Sept 7

According to the UK Prime Minister's Office, the UK PM spoke with President Trump on Sept 7 afternoon, discussing Ukraine, the Middle East, and economic matters. On Ukraine, both leaders agreed to continue pushing for a ceasefire to prevent further casualties. The UK PM reiterated support for Ukraine and U.S.-led peace negotiations. On the Middle East, the UK PM emphasized the importance of regional peace, implementing a two-state solution, reopening the Strait of Hormuz, and preventing Iran fro
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16:58
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UK PM Burnham Discusses Economic Growth with Trump This Afternoon

According to Downing Street, UK Prime Minister Burnham held a call with US President Trump this afternoon. During the discussion on economic matters, Burnham congratulated Trump on the latest US employment data and noted positive signals emerging from the UK economy.
16:56
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Capital B Adds 376 BTC for $29.5M, Boosting Holdings to 3,521 Bitcoin

According to Capital B's announcement on September 7, the French Bitcoin treasury company acquired 376 BTC for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC. The purchase was funded after Capital B completed approximately 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM. Capital B bought the Bitcoin at an average price of 67,182 euros per unit, with Swissquote Bank Europe executing the purchas
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BTC-0.71%
16:54
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Research: Stablecoins Exhibit Nonlinear Depegging Dynamics With Critical Threshold

According to research released by Renmin University's FinTech Lab on September 8, stablecoins exhibit nonlinear depegging dynamics with a critical threshold. The study, published in the Journal of International Money and Finance and analyzed using LLM agents, found that while arbitrage mechanisms can absorb certain levels of information pressure, a severe narrative shock reaching the critical threshold may trigger a self-reinforcing cycle: escalating fear, liquidity deterioration, retail sell-of
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16:53
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Bitcoin ETF Inflows Top $986M as BTC Falls Below $80,000

According to @bitfinex, Bitcoin attracted $986.7 million in ETF inflows over five sessions, yet the price fell below $80,000 following a robust jobs report. The divergence between strong institutional demand and downward price pressure highlights conflicting market forces.
BTC-0.71%
16:43
0

Router Protocol Burns 303M ROUTE Before Sept. 30 Shutdown

According to Router Protocol, the Coinbase Ventures-backed cross-chain infrastructure project will shut down all operations by Sept. 30, 2026. The team said it spent the past year exploring commercialization, licensing agreements and potential asset sales but none produced outcomes sufficient to sustain operations. Router plans to permanently burn 303,333,198 ROUTE tokens, representing roughly 30% of the token's maximum supply of 1 billion ROUTE. The protocol will coordinate with centralized exc
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16:32
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CFTC Requests Dismissal of CME Lawsuit Over Kalshi Bitcoin Perpetuals Approved in May

According to Bitcoin News, the CFTC has requested a federal court to dismiss CME's lawsuit against Kalshi's Bitcoin perpetual futures (BTCPERP), which were approved on May 29. Kalshi's BTCPERP is a cash-settled contract with no expiration date and uses a funding rate mechanism to track the spot price. CME argues that contracts without a delivery date and continuous payments constitute swaps rather than futures. The CFTC, however, dismissed the concern as an overreaction and noted that CME could
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16:26
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Iran's Economy Ministry Establishes Economic Warfare Command Center on September 8

According to Xinhua, Iran's Economy Ministry established an Economic Warfare Command Center on September 8 to coordinate efforts in addressing war-related economic challenges. The center, led by deputy minister Morteza Zamaniyan, will focus on handling economic impacts on businesses, trade, and financing within the ministry's purview, while coordinating with other government departments to resolve cross-sector issues.
16:25
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German 10-Year Bund Yield Rises 4.7 Basis Points on September 7, Eurozone Bonds Rally

On Monday, September 7, German 10-year government bond yields rose 4.7 basis points to 3.386% during European market close. The 2-year Bund yield climbed 5.6 basis points to 3.005%, with intraday trading ranging from 2.958% to 3.007%; the 30-year yield increased 3.3 basis points to 3.850%. Across the eurozone, French 10-year yields advanced 5.4 basis points to 4.251%, while Italian 10-year yields rose 5.6 basis points to 4.205%. Spanish 10-year yields gained 5.2 basis points to 3.823%, and Greek
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