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
23:25
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U.S. Crude Shipping Costs to Asia Hit Record $47.48M as of Tuesday

According to Guru Club, citing Baltic Exchange data, ultra-large crude carriers (VLCC) shipping 2 million barrels of U.S. Gulf crude to Asia hit a record cost of $47.48 million as of Tuesday (Sept 16), up from $39 million the previous day. The shipping route cost $17.8 million before Iran war escalation. Middle East supply disruption concerns and Saudi Arabia's closure of its east-west pipeline have intensified risks at the Strait of Hormuz, driving strong demand for U.S. crude alternatives desp
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23:24
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Korea's 3-Year Treasury Futures Rally 6 Ticks Overnight; 10-Year Gains 9 Ticks

According to Seoul Bond Market, Korea's 3-year Treasury futures rose 6 ticks to 102.02 overnight on September 16, while 10-year Treasury futures climbed 9 ticks to 102.79. Foreign investors made net purchases of 32 contracts in 3-year futures and 44 contracts in 10-year futures. The rally occurred amid weakness in U.S. Treasury yields, which edged higher: the 10-year yield rose 1.20 basis points and the 30-year yield increased 2.10 basis points. Trading volumes surged, with 3-year contract volum
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23:22
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Aave Labs Proposes V4 Isolated Hub to Onboard Institutional Custody Collateral

According to ChainCatcher, Aave Labs proposed yesterday (September 14) deploying a new V4 Isolated Hub and Spoke to enable institutional borrowers to use custodial collateral as collateral for stablecoin loans. Under the proposal, borrowers deposit collateral with Anchorage and maintain custody during the loan period, with custody balances represented on-chain as non-transferable Custody Collateral Tokens (CoCT) minted and burned by Chainlink's CustodySync. Borrowers stake CoCT on the Spoke and
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AAVE-5.16%
LINK-5.79%
BTC-3.66%
23:20
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Canada Cuts Corporate Tax Rate to 6.4%, Highest in G7; PM Carney Announces Investment Reforms on Sept 15

Canadian Prime Minister Mark Carney announced sweeping investment reforms on September 15, including a productivity-focused tax credit initiative aimed at attracting global capital. The policy will reduce the marginal effective tax rate on new investment from 13% to 6.4%, making Canada the most tax-competitive nation in the Group of Seven, with a five-year budget allocation of 360 billion Canadian dollars. The expansion covers capital deductions for oil and gas pipelines, mining assets, fiber ca
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23:14
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Musk Calls for U.S.-China AI Companies to Conduct Cross-Review of Models Before Release

According to multiple media reports, Elon Musk called on Monday (September 14) for major AI companies, including xAI, OpenAI, Anthropic, Google, Meta, and leading Chinese firms, to allow competitors to use their own safety testing tools to cross-verify models before public release. Speaking at the All-In Summit in Los Angeles, Musk said the mechanism would enable rivals to review developers' safety measures and issue warnings if concerns arise. "This way it's not just the company grading its own
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23:14
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Nvidia CEO Huang Describes Management Style as 'Taiwanese Parenting', Maintains 2.5% Employee Turnover Rate

According to a recent interview with CAN, Nvidia CEO Huang Ren-Huang revealed that his management philosophy is rooted in "Taiwanese parenting" principles. He stated that he consistently provides critical feedback on employee work to identify problems early, emphasizing that such feedback stems from care and trust rather than punishment. Huang noted that he maintains the same direct approach with both current employees and former staff who have left to start companies. Data from Nvidia's latest
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23:14
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S&P 500 May Hit 8,250 by Year-End But Could Fall 21% to 6,500 by End-2027, Capital Economics Warns

According to Capital Economics senior economist James Reilly, the S&P 500 may reach 8,250 by year-end 2026 but could fall 21% to 6,500 by end-2027 as the AI-driven rally enters bubble endgame. Multiple indicators are approaching extreme levels seen before past market peaks, including cyclically adjusted price-to-earnings (CAPE) ratios nearing dot-com bubble highs and a massive concentration of market value in a handful of mega-cap stocks. Rockefeller International Chairman Ruchir Sharma warned i
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23:05
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Central Bank of Ireland Lowers 2026 GDP Forecast to -1.4% from -2.7%

On September 15, the Central Bank of Ireland lowered its 2026 GDP growth forecast to -1.4% from a previous projection of -2.7%. The bank also revised its 2027 GDP growth forecast downward to 4.3% from an earlier estimate of 6.5%, while maintaining its 2028 growth forecast at 4.3%.
23:04
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UN Security Council Holds Emergency Session on Bab el-Mandeb Strait Tensions on September 15

According to Guru Club, the UN Security Council held an emergency session on September 15 to address escalating tensions in the Bab el-Mandeb Strait. UN Assistant Secretary-General Khaled Khiari reported that the region has grown increasingly volatile in recent days, with military operations intensifying along Yemen's western coast. Tensions in the Bab el-Mandeb and Hormuz Strait pose risks to international peace, global energy markets, food security, and multiple nations' economies. The UN call
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23:03
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UBS Raises Palantir Price Target to $250 from $220 on Sep 15, Maintains Buy Rating

According to CNBC, UBS raised its price target for Palantir Technologies (NAS:PLTR) to $250 from $220 on Sep 15, while maintaining its 'buy' rating. Analyst Carl Kierstead confirmed after attending Palantir's AIPCon event that the company is the top AI implementation enterprise for deploying large language models and artificial intelligence in real enterprise operations. UBS cited Palantir's leading positions in AI, data, and modern defense technology as key growth drivers, noting its valuation
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23:02
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Philippines LEC Investment Forum Unveils $20B Pipeline, But Only $5.1B Confirmed Committed

According to an analysis by Rappler and independent research analyst Cesar Tolentino released on September 14, the Luzon Economic Corridor (LEC) Investment Forum unveiled a dealbook on September 10 containing 31 projects valued at approximately $17.6 billion to $20.7 billion. However, only about $5.1 billion could be classified as pledged, being spent, or implemented, while roughly $15.5 billion remained at the planning stage where investment could not yet be verified as committed. President Fer
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23:02
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Dow Jones Posts Worst September Start Since 2008, S&P 500 and Nasdaq Fall to Worst Since 2020

According to MarketWatch and FactSet data, the Dow Jones Industrial Average hit its worst opening 10 trading days of September since 2008 on Tuesday (September 15). The S&P 500 and Nasdaq Composite also recorded their worst September starts since 2020. Rising oil prices, increased bond yields, and growing market concerns about artificial intelligence are cited as main drivers of the selloff, with expectations of a potential Federal Reserve rate hike adding further pressure to equities.
23:02
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RBNZ Deputy Governor Karen Silk to Step Down in December

According to Jin10, citing Reserve Bank of New Zealand (RBNZ) statements, Deputy Governor Karen Silk will step down in December following the final Official Cash Rate (OCR) decision of 2026. Silk, who joined the RBNZ in 2022, currently oversees monetary affairs including financial market operations and economic analysis as a member of the Monetary Policy Committee.
22:57
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PuFa Bank to Halt Personal Precious Metals Trading on Shanghai Gold Exchange from September 25

According to a recent announcement, PuFa Bank plans to suspend its agency business for personal precious metals trading on the Shanghai Gold Exchange starting September 25, disabling transaction permissions across mobile banking, online banking, and branch counters. This is part of a broader trend, with multiple banks adjusting or halting such services this year, according to China Securities Journal. Bank officials cited concerns over credit risk, noting that while banks primarily earn commissi
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22:52
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Tonkeeper Rebrands as Keeper, Expands to 7 Blockchains Including Bitcoin and Ethereum

According to FinanceFeeds, Tonkeeper has rebranded as Keeper and expanded beyond the TON blockchain to support six additional networks: Bitcoin, Ethereum, TRON, BNB Smart Chain, Arbitrum and Base. The self-custodial wallet, which reports more than 77 million registered users, retains its existing TON integration while becoming a broader multichain wallet. The rebrand follows a management transition last month when The Open Platform (TOP) took over operational leadership. Keeper plans to extend i
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BTC-3.66%
ETH-5.38%
TRX-1.59%
ARB12.55%
22:51
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Dan Niles Warns of 10% Market Correction Through November, Bullish on Meta

According to CNBC on September 15, prominent hedge fund manager Dan Niles warned that the U.S. stock market could face a roughly 10% correction through November amid seasonal uncertainty, political instability, and persistent high interest rates. Niles holds multiple short positions in anticipation of the downturn. Historical data from Stock Trader's Almanac shows September performs worst among major U.S. equity indices, with the Dow Jones Industrial Average averaging a 0.8% decline since 1950,
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22:45
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Iranian Missile and Drone Strikes Damage Multiple U.S. Military Bases; Boeing E-3 Aircraft Directly Hit

According to photos obtained by CBS News from active-duty U.S. military personnel, Iranian missile and drone strikes have caused extensive damage to multiple American military bases in the Middle East. At Prince Sultan Air Base in Saudi Arabia, a Boeing E-3 Sentinel aircraft was directly hit, with its tail section separated from the charred fuselage. The strike also damaged buildings and barracks across the base, while defensive "T-wall" structures proved ineffective against the aerial assault.
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22:43
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Salesforce CEO Benioff Joins Tech Leaders Warning About AI Risks on Tuesday

According to his interview on Mad Money during Salesforce's Dreamforce event on Tuesday, Salesforce CEO Marc Benioff urged AI companies to act responsibly and consider broader consequences as increasingly powerful models become more widely used. His remarks echo recent calls from Anthropic CEO Dario Amodei to slow the pace of AI model development to allow safety measures to catch up. Benioff emphasized that companies building AI have a responsibility to be ethical, drawing parallels to past soci
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