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
13:50
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Citadel Urges SEC to Assert Oversight of KPI Contracts Tied to Public Companies

Citadel Securities urged the SEC and CFTC on Sept. 9 to reaffirm SEC oversight over products linked to U.S. public companies. In a letter responding to a joint agency request, Citadel said trading venues should not use CFTC self-certification to circumvent SEC jurisdiction over equity-linked products. Under CFTC rules, venues can self-certify new products without public comment. The SEC framework requires venues to demonstrate compliance, allow public comment, and obtain SEC approval before trad
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13:46
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U.S. Stock Indices Fall on Opening Today; Chip Stocks Lead Decline with Losses Up to 4.1%

According to Bitget market data, U.S. stock indices fell on opening today (September 10). The Dow Jones Industrial Average (DJIA) declined 0.17%, the S&P 500 fell 0.53%, and the Nasdaq Composite dropped 0.93%. Semiconductor stocks led the decline, with SK Hynix (SKHY.O) down 4.1%, Intel (INTC.O) falling 3%, Western Digital (SNDK.O) dropping 3.2%, and TSMC (TSM.N) sliding 1.7% following earnings.
13:43
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SpaceX Slows AI Data Center Expansion With Cautious Construction Approach

According to The Information, SpaceX recently adjusted its AI data center construction approach, adopting a more cautious strategy that may slow expansion. The company has assigned a team of rocket engineers to oversee data center construction, marking a shift from its previous emphasis on rapid development. This new approach could extend the construction timeline for new data center facilities.
13:41
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GRIN Surges 13.04% in 30 Minutes, Trading Volume Climbs

GRIN surged 13.04% in the last 30 minutes, with its price climbing from $0.010276 to $0.011616, according to recent market data. In the past 24 hours, GRIN has gained 4.86%, with trading volume reaching $3,294.72 and market cap standing at approximately $2,657,545.
13:41
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ECB May Raise Deposit Rate to 2.75% in Final Two Meetings This Year, Analyst Says

According to Eurizon's fixed income chief Massimo Spadotto, speaking on September 10, the European Central Bank may raise its deposit rate to 2.75% in one of its final two policy meetings this year. Spadotto noted that one additional rate hike should be considered the base case scenario, driven largely by commodity price movements. The analyst added that markets have already fully priced in expectations of two ECB rate hikes for the remainder of 2026.
13:34
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$571M in Crypto Futures Liquidated in 24 Hours, 163K Traders Wiped Out

According to Coinglass data cited by ChainCatcher, $571 million in positions were liquidated across crypto futures in the past 24 hours, with long liquidations reaching $487 million and short liquidations totaling $84.1 million. Bitcoin longs saw $126 million liquidated and Ethereum longs $105 million, while the single largest liquidation hit $22.63 million on Bitget's ETHUSDT contract. A total of 163,176 traders were wiped out during the period.
13:34
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U.S. Stocks Fall on Higher-Than-Expected August PPI; Nasdaq Down 1%, Semiconductor and Telecom Stocks Slide

On September 10, U.S. stock markets fell amid stronger-than-expected August producer price inflation data. The Nasdaq declined 1%, the S&P 500 dropped 0.6%, and the Dow fell 0.2%. The Philadelphia Semiconductor Index slid over 2%, with storage chip stocks widespread decline: SK Hynix fell about 4%, SanDisk about 3%, Micron Technology about 4%, Western Digital about 4%, and Seagate Technology about 3%. Optical communications stocks also retreated, with Marvell Technology down about 2%, Coherent d
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13:34
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iOS Users Switching to Samsung Galaxy Z Fold8 at 1.6x Rate, Samsung Says

According to Samsung Electronics, iOS users switching to the Galaxy Z Fold8 series, launched in July, represent 1.6 times the conversion rate of the previous Galaxy Z Fold7 and Flip7 generations. The statement highlights Samsung's efforts to attract Apple users to its foldable devices amid growing consumer interest in the category.
13:33
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China Issues Navigation Warning for Bohai Sea Live-Fire Drills, September 11-12

According to China Maritime Safety Administration, Tangshan Maritime Safety Administration issued a navigation warning on September 10 for live-fire exercises in Bohai Sea areas from 00:00 on September 11 to 24:00 on September 12. All vessels are prohibited from entering the designated zones during the exercise period.
13:31
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Fed's 'Mouthpiece' Notes Friday CPI Report Key to Rate Hike Decision on September 10

According to Jin10, on September 10, Nick Timiraos, known as the Fed's 'mouthpiece,' noted that Federal Reserve Chair Powell's Jackson Hole speech increased market expectations for interest rate hikes, though Powell did not specify what would trigger such a move. Markets filled this information gap with their own expectations, now pricing in larger rate hikes than Powell ever committed to. Friday's Consumer Price Index report is now viewed as critical to determining whether the Fed will raise ra
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13:31
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Oracle to Report Q1 Earnings Thursday, Stock Faces Potential 11% Swing

According to Investopedia, Oracle (ORCL) is set to report earnings Thursday after the market close (Sept. 10), with traders expecting the stock could swing up to 11% before the week ends. Based on Wednesday's closing price of $161.63, the stock could climb to as high as $179 or fall below $145. Market consensus expects Oracle's Q1 revenue to rise 28% year-over-year to $19.06 billion, with adjusted EPS of $1.74, up from $1.47 a year prior. Undelivered backlog is forecast to reach nearly $640 bill
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13:30
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OpenAI Ends $1-per-Year U.S. Government Pilot, Shifts to Usage-Based Pricing with 50% Discount

According to a statement from the U.S. General Services Administration (GSA), OpenAI has ended its pilot program that allowed U.S. federal agencies to access its models for $1 per year, transitioning to usage-based pricing. Federal employees will now receive a 50% discount on standard rates. The original pilot, launched in August 2025 through the GSA's OneGov marketplace, had enabled 3.5 million federal employees to use OpenAI's ChatGPT, generating approximately $1.4 billion in cost savings.
13:30
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Meta Claims Instagram Handle @muse for AI Product, Forces Famous Rock Band to Rebrand

According to Odaily, Meta has claimed the Instagram account @muse for its new AI product of the same name, forcing the famous rock band Muse to rebrand their official account to @museband. The move has sparked strong backlash from fans and social media users, with criticism directed at Meta's account handling practices and CEO Mark Zuckerberg.
13:29
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ECB Would Enter Restrictive Policy Zone if Rates Rise Above 2.5%, ING Economist Says

According to Carsten Brzeski, chief economist at ING, on September 10, if the European Central Bank raises rates further from the current 2.5%, it would signal the need for restrictive monetary policy. Brzeski noted that while eurozone economies have shown resilience this year, this does not equate to overheating that would justify such tightening. He added that the ECB is unlikely to risk recession by adopting restrictive policy for supply-side inflation pressures.
13:27
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IAEA Observes Construction Activity at Iran's Pikotashan Site on September 10, Has Not Entered Tunnel Complex

According to Jin10 and the IAEA, the International Atomic Energy Agency observed construction activity at Iran's Pikotashan facility on September 10, a heavily fortified site south of Tehran's main uranium enrichment plant. Satellite imagery showed new developments at the location, though inspectors have not yet entered the tunnel complex. IAEA Director General Rafael Grossi stated that there is no specific information about activities potentially taking place at the site, but signs of activity
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13:23
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Commodity Options Surge on Sept 10: Glass Futures Up 625%, Crude Oil Up 621.74%

According to Jin10, as of 21:20 on September 10, commodity options showed significant gains. Glass 2610 call options (strike 950) surged 625.0% to 14.5 yuan/ton, while crude oil 2610 call options (strike 820) gained 621.74% to 8.3 yuan/barrel. Other notable movers included PTA 2610 call options (strike 6700) up 457.14% to 39.0 yuan/ton, crude oil 2610 call options (strike 800) up 439.39% to 17.8 yuan/barrel, and methanol 2610 call options (strike 3600) up 262.5% to 14.5 yuan/ton. Price changes a
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