Gate Crypto Flash News and Market Updates

Revolut has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a US national bank, a major step toward its 2027 launch target. The fintech still requires approvals from the FDIC and Federal Reserve, as well as final authorization from the OCC. Once fully approved, Revolut's US bank would offer customers loans, credit cards, FDIC-insured deposits, stablecoins and cryptocurrencies directly. The company, which serves over 80 million customers globall

According to the Australian Securities and Investments Commission, crypto businesses relying on temporary regulatory relief must submit financial services license applications or request changes to existing licenses by Sept. 30, or risk operating illegally from Oct. 1. Civil and criminal penalties may apply, with corporate fines potentially reaching up to 10% of annual turnover depending on the breach. The regulator has received more than 45 digital asset-related license applications since updat

According to CCTV, on September 1, the G20 Finance Ministers and Central Bank Governors meeting in Asheville concluded without issuing a joint communique. China expressed regret over the outcome, stating that the failure to release a statement damages the credibility of the G20 as a key multilateral economic governance platform.

According to FinanceFeeds, Standard Chartered has launched institutional Bitcoin and Ether spot trading through its Dubai International Financial Centre branch on September 3, making it the first Global Systemically Important Bank to offer the service in the UAE. The trades are deliverable spot transactions, not derivatives, meaning institutional clients take actual ownership of the underlying assets and can settle through a custodian of their choice, including Standard Chartered's own digital a

NVIDIA announced that RTX Spark personal computers for Windows will launch in October.

VRA surged 10.75% in the last 60 minutes, reaching a price of $0.00001752. Trading volume over the past 24 hours spiked to $111,581, reflecting heightened market activity. The token's market cap currently stands at $4,931,023, with a 24-hour price change of 17.61%.

According to ZKsync, Carina Network has secured $32.5 million in institutional funding fully backed by banks on September 3, 2026. The funding is aimed at developing tokenized deposit solutions, which enable more efficient asset management and transfer within the banking sector.

Saudi Arabia set its official selling price for Arab Light crude oil destined for northwest Europe in October at a discount of $2.15 per barrel to Intercontinental Exchange Brent crude settlement prices.

According to Bloomberg, AI company Humain plans to raise $2.5 billion on Sept. 4 to establish an investment fund focused on data center projects. The fund will finance a 250-megawatt data center capacity being developed jointly with Al Moammar Information Systems, with potential expansion to 1 gigawatt in the future. Humain is backed by Saudi Arabia's Public Investment Fund (PIF) and is driving local AI computing capacity and data center infrastructure development to meet growing AI computationa

According to The Block, Diameter Pay, a stablecoin payments infrastructure startup, raised $10 million in Series A funding co-led by CMT Digital and Lightspeed Faction in July. Other investors include SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital. The startup will use the funding to expand banking and payment capabilities, deepen stablecoin and foreign exchange infrastructure, and enhance technology and compliance tools for cross-b

According to BlockBeats, OpenReserve, an emerging bank led by fintech executives including MoneyLion co-founder Dee Choubey, received preliminary approval for a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC) on September 3. The bank focuses on integrating traditional banking services with blockchain infrastructure and digital asset offerings. OpenReserve completed a $25 million seed funding round in April led by a16z crypto, with participation from Jump Capit

According to CNBC, ChargePoint Holdings (CHPT) stock rose more than 50% during early trading on Thursday, Sept. 3, 2024, after the electric vehicle charging company significantly exceeded Wall Street expectations for its fiscal 2027 second quarter. The company reported revenue of $116.1 million, beating analyst expectations of $105.2 million, and posted a loss per share of 35 cents compared to anticipated losses of 85 cents, according to LSEG data. CEO Rick Wilmer told CNBC the surge represents

According to Guru Club, the U.S. Dollar Index broke below the 98 level on September 3, declining 0.60% intraday.

According to Coinbase, Coinbase Lend reached $500 million in deposits on September 3, marking the completion of its first year of operation. The onchain lending platform allows users to lend crypto assets and earn interest, and the milestone reflects growing adoption of decentralized lending solutions.

According to Bitget market data, Nasdaq 100 stocks showed mixed performance during trading on September 3, with tech growth stocks and financial technology sectors posting significant gains. Tesla surged 7.26%, Palantir rose 7.82%, and MicroStrategy climbed 12.89%. Conversely, semiconductor equipment, memory chip, and select pharmaceutical stocks faced selling pressure. Meta Platforms, Microsoft, and CrowdStrike also advanced, gaining 4.02%, 3.26%, and 4.71%, respectively.

Key economic data and central bank speakers are scheduled for Friday, September 4. Federal Reserve officials Hamack and Goolsbee will speak at 03:00 and 03:55 UTC respectively. U.S. August employment data releases at 20:30 UTC will include nonfarm payrolls, unemployment rate, and average hourly wage figures (year-over-year and month-over-month).

According to Odaily, overnight strength in the Japanese yen pushed the US dollar to 156.40, a 1.4% decline against the yen, while the Dollar Index (DXY) fell 0.4% to 99.22. The weaker dollar typically supports dollar-denominated assets like Bitcoin and gold while easing global financial conditions. However, analysts warn that rapid yen appreciation risks unwinding carry trades. In August 2024, a similar yen rally sparked a 20% Bitcoin sell-off within days. With market expectations building for t

According to a Bloomberg survey, U.S. investment-grade companies are accelerating debt issuance in September amid surging Treasury yields, with forecasted issuance volumes reaching $215-250 billion—potentially hitting $250 billion at the upper end. Investment-grade corporate bond yields have surged above 5.5%, the highest level in over two years, prompting enterprises to lock in financing before costs climb further. Columbia Threadneedle Investments credit head Tom Murphy noted that rising Treas

According to Freddie Mac, the average U.S. 30-year fixed mortgage rate rose to 6.71% last week, marking the highest level since July 2025. The rate increased from the previous week's 6.66%.

According to MSX.COM, U.S. stock indices continued their upward trend today. The Dow Jones index gained 1.18%, the S&P 500 rose 1%, and the Nasdaq Composite climbed 1.33%. Among major tech stocks, Tesla surged 6.84%, SpaceX jumped 6.22%, and Palantir led gainers with 7.92%. Microsoft gained 3.21%, Meta rose 4.1%, and Dell Technologies advanced 5.25%, reaching a new all-time high.