Gate Crypto Flash News and Market Updates

According to Foresight News and data from growthepie, Robinhood Chain generated $8.26 million in on-chain revenue over the past 7 days, ranking first among Ethereum ecosystem chains. The chain saw a 1,653% week-over-week increase. Ethereum mainnet followed with $2.48 million, followed by Base Chain ($840,040), Polygon PoS ($535,760), and Arbitrum One ($96,020).

According to IDC's 2025 report on China's BaaS market, the blockchain BaaS market reached 20.7 billion yuan in 2025, growing 7.4% year-over-year. Ant Digital led the market with 32.4% share, up 20.6% compared to the prior year, followed by Tencent Cloud and Inspur in second and third place.

According to ChainCatcher, Liquid Capital founder Li Lihua predicted on social media that Bitcoin will face a near-term pullback to between $75,500 and $76,000 after failing to break through the $81,000 resistance level in recent days. Following the pullback, he expects the asset to continue rallying toward the next resistance at $86,000.

According to ChainCatcher, on September 2, B.AI announced the official launch of Tencent's Hunyuan Hy4 Preview model API service, now available for developers to integrate. The model employs a 770B sparse MoE (Mixture of Experts) architecture with 49B activated parameters per token and supports a 1M-token context window. Developers can access the API via B.AI's official platform.

According to Iraqi energy officials, the country's oil exports surged in August, rising from approximately 1.35 million barrels per day in July to approximately 2.34 million barrels per day. The increase was driven by more oil tankers arriving at Iraq's export terminals and loading crude oil.

According to ChainCatcher, Binance will add four bStocks tokens—Seagate (STXB), ProShares UltraPro Short QQQ (SQQQB), Moderna (MRNAB), and CrowdStrike (CRWDB)—as eligible collateral assets today at 20:00 UTC across its cross margin, unified account, and unified account pro modes. Qualified users can use these tokens as margin collateral.

According to UAnalyze, Broadcom (AVGO) is set to report third-quarter earnings on September 2, with Wall Street forecasting revenue of $292 billion, up 83% year-over-year, and adjusted earnings per share of $3.22, up 90% annually. The focus has shifted from whether AI chip sales can sustain growth to whether revenue growth can justify valuations. Additionally, Broadcom's June partnership with Apollo and Blackstone established a $350 billion AI financing platform targeting deployment of over 20GW

According to Beating AI, Raft developer Botiverse will open-source the main repository code in the coming weeks, co-founder Richard Qian announced. Richard said the team had shifted too much focus on growth and revenue in the past six months, adding that raising more funding than needed and KOL marketing were mistakes. Botiverse has already published Raft documentation, external agent plugins, and application scaffolds on GitHub. Richard noted that as AI agents take on more development work, the

According to Jin10, on Sept 2, the euro fell 0.2% to $1.1566 as options traders ramped up hedges against further declines. Options market positioning has hit a one-month low, with nine consecutive trading days of bullish dollar positioning marking the longest such streak since 2017. Rising energy prices and higher U.S. Treasury yields are pressuring the euro, while escalating U.S.-Iran tensions are further weighing on the currency by worsening Europe's trade balance.

According to reports, ACG Metals produced its first batch of copper concentrate from the Gediktepe mine in Turkey on September 2, marking the company's transition from precious metals and zinc production to copper production. The company targets annual output of 40,000 tons of copper and aims to achieve full production by the end of 2026. Copper concentrate production was completed within budget, with the mine now in its ramp-up phase focused on increasing throughput and optimizing operational p

According to Jin10, Europe's stock market fell to one-month lows on Wednesday as global bond markets faced broad selloffs amid escalating Middle East tensions. The Stoxx Europe 600 index dropped 0.3% intraday, with the retail sector leading declines at 1.5%. Brent crude oil rose above $95 per barrel, intensifying inflation concerns. The selloff followed fresh U.S.-Iran strikes overnight, marking their most severe escalation in weeks. With Europe heavily reliant on energy imports, sustained regio

According to HyperliquidNews, the HIP-4 market recorded $3.26 million in trading volume over the past 24 hours, with the @Outcomexyz account accounting for 82.5% of total trading activity.

According to Hong Kong Exchange filings, JPMorgan Chase's long position in Concord Xingchuang (03308.HK) declined from 15.73% to 15.65% on August 27.

According to Yonhap Infomax, South Korea's foreign exchange swap points declined across all tenors on September 2. The 1-year maturity FX swap point fell 0.80 Korean won from opening to close at -9.30 won, with 6-month, 3-month, and 1-month maturities declining by 0.50 won, 0.20 won, and 0.10 won respectively. Asset swap sales in the 6-month and longer segments drove the decline in swap points, according to a swap dealer at a local bank.

According to Wall Street Journal on September 2, U.S. retailers are cutting product varieties to manage surging import duties, transportation, and storage costs. A survey by the British Standards Institution found that roughly one-quarter of American companies plan to reduce product offerings within the next six months. Athletic apparel maker Under Armour has already slashed over 25% of its product portfolio over the past two years, focusing resources on best-selling items.

According to Jin10, Dutch Prime Minister Rob Yeeten met with French President Emmanuel Macron in Eindhoven on September 2 to discuss Ukraine, the Middle East, economic cooperation, and defense matters. The two leaders also reviewed bilateral relations and European technology industry development. Following the talks, they will attend a tech roundtable with representatives from French and Dutch technology companies.

According to New Zealand's geological agency, on September 2, the country's southwestern region experienced consecutive earthquakes. The first 5.5-magnitude quake struck northeast of Milford Sound at Beijing time 14:13, with a depth of 5 kilometers. A second 5.6-magnitude earthquake followed at 14:57 in the same area, approximately 35 kilometers northeast of Milford Sound, also with a 5-kilometer depth.

According to F&Guide data released today, Korean bond funds saw sharply divergent flows over the past month as the central bank raised rates. Short-term bond funds received 648 billion Korean won in inflows while government bond funds saw 625.5 billion won in outflows. Over the past three months, short-term bond funds posted returns of 0.80%, compared to a loss of 1.69% for government bond funds. The shift reflects investor caution on duration risk, as longer-dated bonds face greater price volat

According to Koscom ETF Check, South Korean battery-related exchange-traded funds surged significantly over the past month as of September 2. TIGER Secondary Battery Top 10 Leverage climbed 45.88% in the one-month period, while KODEX Secondary Battery Industry Leverage gained 38.99%, each ranking among the top performers in domestic ETF markets over the past week. The rally stems from growing demand for energy storage systems driven by artificial intelligence data center expansion. As semiconduc