Gate Crypto Flash News and Market Updates

According to Benzinga, economist Tyler Cowen said on Friday (Sept 4) that Nvidia's substantial funding of AI startups does not necessarily indicate a market bubble. Instead, he argued it enhances the AI industry's long-term sustainability. Cowen likened Nvidia to the AI sector's "last lender" or "last buyer," noting Microsoft, Google, and Meta play similar roles. Nvidia has expanded beyond GPU sales into financing. On Aug 10, it partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman S

According to Circle's September 4 announcement, the company launched cirBTC, a wrapped Bitcoin token on Ethereum backed one-to-one by native Bitcoin and verified through Chainlink Proof of Reserve. Each cirBTC token is supported by Bitcoin held in segregated custody at Circle National Trust, a federally regulated custodian, with reserves legally and operationally separated from corporate assets. Users and institutions can independently verify reserves through disclosed Bitcoin wallet addresses o

South Korea's exports reached $709.4 billion from January to September 2026, marking a historic record, according to official trade statistics. The figure surpasses all previous annual export records for the country.

According to Coinglass, Bitcoin open interest across all exchanges decreased 5.53% in the past 24 hours, reaching $54.573 billion. Binance leads with $11.374 billion in open interest, followed by Bybit at $5.13 billion, Gate at $4.688 billion, and OKX at $2.784 billion.

According to FinCEN, the U.S. Financial Crimes Enforcement Network identified approximately $12.7 billion in financial activity suspected of being connected to digital asset investment fraud during an analysis period spanning September 8, 2023 through December 31, 2025. The determination was based on examination of 33,904 Bank Secrecy Act reports submitted within the timeframe.

According to Shinhan Investment & Securities analyst Park Woo-yeol, the Schwab US Dividend Equity ETF (SCHD) has continued to rise amid recent market volatility triggered by US-Iran tensions since the start of the year. The analyst cited the product's heavy exposure to high-dividend U.S. stocks as a key driver of its upside performance during market adjustments. Park noted that SCHD holds significant positions in healthcare and energy sectors—both showing positive momentum—alongside defensive co

According to Bernstein analyst Gautam Chhugani, Bitcoin recovered above $80,000 on Thursday (September 4), as Federal Reserve rate hike concerns eased and U.S. Treasury yields declined. The analyst's team maintains a year-end price target of $150,000, citing expectations that ongoing U.S. fiscal intervention in the yield curve will continue to support demand for hard assets.

The Seattle Times and The Daily News filed a lawsuit against OpenAI and Microsoft on September 5, alleging copyright infringement. The legal action accuses the two tech companies of unauthorized use of the publishers' copyrighted content.

According to Bloomberg, PIMCO's $19 billion Balanced Income and Growth Fund has recently reduced exposure to large-cap U.S. technology stocks, citing elevated valuations and mounting debt burdens from AI capital spending. The fund is shifting allocation to Asia-based AI equipment suppliers, Chinese financial stocks, and healthcare companies. Fund manager Emmanuel Sharef noted that investors need not hold the market's most expensive stocks to capture sector trends. The fund remains overweight Asi

According to the China Federation of Logistics and Purchasing, China's bulk commodity price index reached 132.3 points in August, rising 2.8% from the previous month and up 18.4% year-on-year, as domestic and overseas demand recovered and extreme weather impacts eased. Among 50 key commodities monitored, 27 saw month-on-month price increases in August. Ethylene glycol, diesel, and coking coal led the gains, rising 18.2%, 10.1%, and 8.9% respectively.

Following devastating flash floods that struck Nepal on August 26, affecting at least 65,000 people according to UNICEF, three major crypto firms mobilized support for victims. Ripple announced on August 28 it is donating $300,000 to World Central Kitchen and Mercy Corps to support emergency meal distribution and water and sanitation efforts in affected regions. Solana launched a unique logo space auction on September 1, raising $166,946.50 with 100% of proceeds directed to Nepal flood relief. P

According to PeckShield data cited by ChainCatcher, the crypto industry experienced 50 major hacks in August 2026, resulting in $136.3 million in losses, down 49.5% from July despite a 67% increase in attack frequency. Notable incidents included Tectonicfi losing approximately $74 million and Cronos allowing only $6 million in transfers after halting its network. Digital asset security company AEREDIUM launched AERSeal, a product designed to replace single private keys controlling smart contract

According to Evernorth report, XRP Ledger accounts declined while per-transaction volumes surged nearly threefold. Network value reached $4.2 billion, driven largely by stablecoin activity.

According to Bitdeer, the Nasdaq-listed Bitcoin mining company mined 282 BTC during the week ending September 4 and sold the same amount, maintaining zero Bitcoin holdings. The miner stated on X that it added zero net Bitcoin to its reserves this week.

On September 2, 2026, Strategy CEO Phong Le explained in an interview why the company sold Bitcoin at $60,000. The decision was driven by a need to strengthen the balance sheet, not by price action alone. By reducing net debt to zero, Strategy positioned itself to issue shares at a premium and fund future Bitcoin purchases at higher price levels.

According to the report, Grant Thornton Switzerland attested to the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, with the audit opinion dated March 25, 2026. This marks the first reported instance of an independent auditor placing a formal audit attestation for a major cryptocurrency organization directly on a public blockchain. The Cardano Foundation reported total assets of approximately CHF 287.5 million, equivalent to about $361 million, as of December 3

According to Investing.com data, gold prices surged to $4,500 per ounce on Chicago's COMEX exchange in recent weeks, gaining nearly 10% over the past month. Central banks globally have accelerated gold purchases, with China's central bank increasing holdings by 640,000 ounces in July alone, marking 21 consecutive months of buying. South Korea's central bank also bought gold via ETF in the second quarter for the first time in 13 years, signaling a broader shift toward precious metals as inflation

According to Jin10, Philippine Deputy President Sarah Duterte posted bail on September 5, and the court lifted the arrest warrant that had been previously issued, her lawyers confirmed.

According to Odaily, over the past 7 days through September 3, Circle issued approximately 11 billion USDC and redeemed about 10.4 billion USDC, bringing total USDC circulation to 74.6 billion. Reserves stand at approximately $74.5 billion, comprising roughly $49.6 billion in overnight reverse repurchase agreements, $14.5 billion in Treasury securities with less than 3 months maturity, $9.6 billion in deposits at systemically important institutions, and $800 million in other bank deposits.

According to Router Protocol, the project will cease operations and destroy 303 million ROUTE tokens by September 30, 2026. The announcement marks the protocol's transition as the project winds down its infrastructure services.