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
02:55
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Michael Burry Warns of Dollar 'Train Wreck' in 5-10 Years, Bets on Fine Wine Hedge

According to his Substack post on Thursday, "Big Short" investor Michael Burry warned of a "colossal train wreck" for the U.S. dollar within 5-10 years as federal debt pressures mount. He is buying deeply discounted European fine wine stored in bonded facilities outside the U.S. as a hedge against dollar weakness and inflation. Burry estimates that a 30% to 40% dollar decline could generate 45% to 65% currency-driven gains in wine investments over 20 years. Fine-wine indices have fallen 25% to 3
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02:55
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Anthropic Blocked Multiple Attempts to Use AI for Biological Weapons Research This Year

According to Financial Times report, Anthropic said it has blocked multiple attempts by scientists to use its technology for research potentially aiding biological weapons development this year. The company documented five cases where actors circumvented safety measures and misrepresented research objectives to evade guardrails. One example involved a researcher from an unsupported region using Claude to plan experiments involving avian influenza over several weeks. Anthropic noted that its safe
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02:51
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Bitumen Prices Rise 6.28% This Week to 5,365 Yuan/Ton on Supply Tightness and Cost Support

According to Jin10 Futures, bitumen prices across China averaged 5,365.43 yuan per ton this week, up 317 yuan per ton or 6.28% week-over-week. The rally was driven by geopolitical tensions in the Middle East, where escalating conflicts in Iran and Saudi Arabia have led to repeated tanker attacks in the Strait, disrupting oil shipments and reducing petroleum inventories, which strengthened support from the cost side. On the supply front, major refineries in Shandong and North China maintained lim
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02:47
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U.S. Defense Department Proposes $5 Billion Loan to AI Startup Fluidstack

According to the Wall Street Journal, the U.S. Defense Department is currently negotiating a $5 billion loan with AI cloud platform startup Fluidstack, with funds sourced from the department's Office of Strategic Capital (OSC). The loan is intended to strengthen domestic supply chains and manufacturing capabilities for critical data center components. If finalized, this would mark OSC's largest single loan to date. Fluidstack, founded in 2017, relocated its headquarters to New York last December
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02:44
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Australia's 3-Year Bond Yields Hit 15-Year High; Citibank Forecasts RBA Rate Hikes to 4.85% by Year-End

According to Citibank analyst Paraz Siyed, Australia's 3-year government bond yields surged to 5.04% on September 11, marking the highest level since May 2011, as the Reserve Bank of Australia (RBA) faces mounting rate-hike expectations. The 10-year yield rose to 5.38%, while the 30-year yield climbed to 5.83%. Citibank now forecasts the RBA will raise rates twice more this year to a peak of 4.85%, up from the current 4.35%, citing persistent inflation pressures and constrained productivity. The
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02:44
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South Korea's Reserve Requirement Deficit Widens to 8.1181 Trillion Won on Sept 11, Overnight Call Rates at 3.083%

According to Yonhapinfomax, South Korea's reserve requirement deficit widened to 8.1181 trillion won as of September 11. Overnight call rates reached 3.083% with a daily trading volume of 13.9673 trillion won. On September 10, the reserve requirement deficit stood at the same level, reflecting persistent liquidity tightness in the interbank market driven by treasury bond maturities and central bank operations.
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02:43
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Ferrosilicon and Crude Oil Options Surge Over 1,000% as of September 11

According to Jin10, as of 10:40 on September 11, several commodity options saw dramatic rallies. Ferrosilicon 2610 put option (6100 strike) surged 1,260% to 68.0 yuan/ton, while crude oil 2610 call option (820 strike) jumped 1,100% to 13.8 yuan/barrel. Ferrosilicon 2610 put option (6000 strike) rose 800% to 9.0 yuan/ton, and crude oil 2610 call option (840 strike) climbed 725% to 3.3 yuan/barrel. These percentage gains are calculated based on previous closing prices.
02:38
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Stock Futures Edge Higher Overnight as Markets Await Friday's CPI Data; Oil Surges Above $109

U.S. stock futures traded higher in the overnight session late Thursday, with Dow futures climbing 0.21%, the S&P 500 edging 0.13% higher, and Nasdaq-100 falling 0.09%, as investors await August Consumer Price Index data on Friday. According to CME FedWatch tool data, traders are pricing in a 72.4% chance of a quarter-percentage-point rate hike in September ahead of the Federal Open Market Committee meeting scheduled for Sept. 15-16. Oil prices soared above $109 a barrel amid elevated Middle Eas
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02:37
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Payy Launches Finality Payment Infrastructure with Chargeback-Like Dispute Resolution

According to PANews, privacy-focused stablecoin payment network Payy launched Finality on September 11, introducing a credit card-like chargeback feature for stablecoin payments. Users can set a short-term dispute window when initiating payments, with recipients receiving funds immediately while liquidity providers assume guarantee responsibility during the window. In cases of fraud, mistransfers, or commercial disputes, payers can submit evidence for arbitration by a neutral third party; if app
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02:37
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Japan's August Core Inflation Holds at 1.8% Despite Oil Price Rise, Reuters Survey Shows

According to a Reuters survey, Japan's August core inflation held steady at 1.8% on September 11, with government subsidies offsetting upward pressure from Middle East-driven oil prices. The national consumer price index (CPI) is expected to rise 1.8% year-over-year, while core CPI remains flat compared to July, staying below the Bank of Japan's 2% target. The Bank of Japan will announce its interest rate decision on September 18, hours after the country's statistics bureau releases the CPI data
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02:34
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U.S. Law Enforcement Seizes $225 Million in Crypto Assets From Fraud Victim's Recovery Case

According to the Wall Street Journal, on September 11, U.S. law enforcement seized control of $225 million in cryptocurrency assets, including funds originally ordered seized by a Turkish court for fraud victim Nivie Kaul. The California resident lost over $8 million to a cryptocurrency scam in 2022 and self-taught blockchain tracking to recover the funds. Turkish courts ordered a wallet frozen in 2023 containing over $100 million in crypto assets sufficient to cover her losses. However, before
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02:33
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$446 Million in Liquidations Over Past 24 Hours: Long Positions Hit $352 Million

According to Coinglass data reported by ChainCatcher, the crypto market saw $446 million in liquidations over the past 24 hours, with long liquidations reaching $352 million and short liquidations totaling $93.94 million. Bitcoin long positions accounted for $111 million in liquidations, while Ethereum longs saw $74.01 million liquidated. Bitcoin shorts liquidated $9.37 million and Ethereum shorts $14.72 million.
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02:33
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Pons Hits $100M Annualized Revenue in Two Months, Ranks First; Wilson Backs Ozzy

According to ChainCatcher, Pons reached $100 million annualized revenue within two months and ranked first in its category. Honeypot Finance founder Wilson pledged continued support for Pons creator Ozzy, highlighting the protocol's V2 mechanism, which allows new tokens to trade on a bonding curve before transitioning to Uniswap V4 pools with permanent liquidity, priced in either native ETH or Pons-approved ERC-20 tokens.
UNI-0.23%
ETH-0.58%