Gate Crypto Flash News and Market Updates

Shanghai Futures Exchange crude oil futures 2611 contract fell 4.01% in the night session on September 16, closing at 804.8 yuan per barrel. Shanghai gold futures rose 0.41% while Shanghai silver futures gained 0.04%.

At close on September 16 at 2:30 a.m., Shanghai Futures Exchange night session trading concluded with mixed results. Shanghai Gold main contract rose 0.41% to 935 yuan per gram, while Shanghai Silver main contract gained 0.04% to 15,603 yuan per kilogram. SC crude oil main contract declined 4.01% to 805 yuan per barrel.

According to Polymarket, as of mid-September 2026, BNB faced a 53% implied probability of dipping to $700 before October 1, with the token trading at approximately $714. BNB's year-end contract assigns a 20% chance of reaching $1,000 before December 31, 2026. The token currently trades roughly 48% below its all-time high of $1,369.99 reached in October 2025, with a market capitalization of approximately $95 billion.

According to Diane Swonk, KPMG's chief economist, the Federal Reserve's action signals the start of a rate-hiking cycle. Swonk also noted that wage growth is slowing across sectors including artificial intelligence.

According to Odaily, the Federal Reserve on September 16 raised its federal funds rate forecasts and upwardly revised PCE and core PCE inflation expectations. The central bank projects inflation will return to its 2% target by 2029. The Fed also raised GDP growth forecasts for the current and next year while lowering unemployment rate projections.

According to Gate data, USD/JPY (USDJPY) broke through 155.5, now trading at 155.514 with a 24-hour gain of 0.2%.

Velocity, a London-based payment infrastructure company, raised an additional $10 million to extend its Series A funding round to $48 million at a $200 million post-money valuation. Ripple, Visa Ventures, Circle Ventures, Haun Ventures, Translink Capital, and Mirana Ventures participated in the extension, which follows a $38 million Series A announced in July. The fresh capital will fund infrastructure enabling banks and payment companies to connect stablecoins to existing payment networks, sett

According to Reuters, Federal Reserve Chair Powell's press conference this week occurs amid heightened political tension, as former President Trump continues publicly urging rate cuts while markets anticipate another hike. Market participants will closely monitor whether Powell can provide clearer communication this time to avoid repeating July's confusion, which sparked market volatility through ambiguous responses. Key focus areas include how Powell characterizes inflation pressures from energ

According to Guru Club, the Federal Reserve raised its long-term benchmark rate forecast to 3.2% on September 17, up from 3.1% in the previous economic projection summary, suggesting officials see a higher neutral rate level.

The U.S. 2-year Treasury yield rose to a daily high of 4.6656% at 01:56 Beijing time (UTC+8), four minutes before the Federal Reserve announced its interest rate decision. Earlier in the session, the yield had fallen to a daily low of 4.5975%.

According to BlockBeats citing HTX data, ZEC broke through $1,385 on September 17, marking a fresh recent high. The asset subsequently pulled back to $1,337.54, with a 24-hour gain of 18.82%.

According to FinanceFeeds, Anchorage Digital this week added custody support for Etherlink, an Ethereum Virtual Machine-compatible layer-2 network that settles on Tezos, along with seven Tezos-issued assets. Supported assets include tokenized uranium xU3O8, wrapped XTZ (WXTZ), liquid staking token stXTZ, stablecoins USDT, USDC and USDSM, and wrapped Ether (WETH). xU3O8 represents fractional ownership of physical uranium oxide held in regulated storage, with market data placing its capitalization

COTI jumped 10.72% in the past hour to $0.0191, with a 24-hour gain of 14.17% from its intraday low of $0.01593. Trading volume over the past 24 hours reached approximately $3.25 million, reflecting solid activity supporting the price movement.

The Federal Reserve Chair is scheduled to hold a monetary policy press conference in approximately 10 minutes.

The U.S. dollar index (DXY) surged above the 100 level for the first time since August 13, reaching a key psychological threshold. The index, which measures the dollar's strength against a basket of major currencies, has been tracking higher amid ongoing shifts in global monetary conditions.

According to BlockBeats, on September 17, Bitcoin recovered above $76,500, with 24-hour losses narrowing to 0.68%. Following expectations of Federal Reserve rate adjustments, the broader crypto market strengthened, with Ethereum surging to $2,430 and BNB rising above $720.

According to the Federal Reserve, the FOMC raised its 2026 PCE inflation forecast to 3.7% in September, up from the prior June projection of 3.6%. The central bank also revised its longer-term inflation expectations, with 2027 PCE inflation held at 2.3% and 2028 adjusted to 2.1%, compared to the previous forecast of 2%.

According to BlockBeats, on September 17, the Federal Reserve raised interest rates by 25 basis points. Spot gold declined sharply in response, falling over $50 to trade at $4,317.65 per ounce.

The Federal Reserve's latest FOMC economic projections show the central bank expects GDP growth of 2.1% in 2029.

According to ChainCatcher, the Federal Reserve's Federal Open Market Committee (FOMC) projected core CPI at 3.4% for 2026 and 2.5% for 2027 in its latest economic projections.