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
15:58
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Bitcoin Suisse Plans to Cut Up to 60 of 120 Swiss Employees, Move Functions to International Centers

According to Reuters, Bitcoin Suisse announced on September 11 a plan to cut up to 60 of its 120 Swiss employees as part of a business reorganization. The company said software development and back-office functions will be gradually transferred to international centers to accelerate expansion and improve product investment efficiency. The layoffs will take effect after a consultation period ending September 20. Bitcoin Suisse is also closing its IT development site in Copenhagen.
15:55
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IIF: Emerging Markets See $11.3B in Portfolio Inflows in August, With Equity Flows Flat at $1B

According to the Institute of International Finance (IIF), emerging markets received $11.2 billion in debt portfolio inflows in August, while equity inflows remained relatively flat at $1 billion. Non-resident portfolio net inflows into emerging markets totaled $11.3 billion, marking the second consecutive month of capital inflows. Year-to-date through August, emerging market debt inflows reached $242.9 billion, compared to $212 billion in the same period last year. However, emerging market equi
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15:55
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U.S. August CPI: Wireless Phone Service Prices Surge 5.9%, Historic High

According to the latest U.S. CPI data, wireless phone service prices surged 5.9% in August, marking the largest monthly increase on record and contributing approximately 0.1 percentage points to the core inflation reading. Economists from Bank of America, Barclays, and Pantheon Macroeconomics attributed the spike to recent plan adjustments by major carriers including AT&T Inc. and T-Mobile US Inc.
15:55
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U.S. Gasoline Prices Likely to Hit $5 per Gallon Before 2026 Midterm Elections, Says Currie

According to Bloomberg Television, Jeff Currie, founder and CEO of Real Macro and former Goldman Sachs strategist, forecasts U.S. average gasoline prices will almost certainly reach $5 per gallon before the midterm elections due to tightening supply and currency depreciation. Currie noted that shortages initially appearing in refined products are now spreading upstream to crude oil, marking a dangerous new phase in the energy shock. "Crude oil is the signal, and refined products are just noise,"
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15:49
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Metaplanet Cuts Series 10 Options by 41%, Scraps Employee Warrant Plan After Shareholder Pressure

According to The Block, on Thursday, Metaplanet reduced its Series 10 stock acquisition rights by 41%, cutting potential shares from 319.5 million to 188.2 million following shareholder criticism over dilution risks. The Tokyo-listed bitcoin treasury company also lowered the conversion ratio from 696 to 410 shares per option, roughly to levels from a year earlier before its international share offering. CEO Simon Gerovich said the changes eliminate over $220 million in warrant value and increase
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BTC2.08%
15:43
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Trump Hints at Tempering U.S. Military Actions Against Iran Due to Midterms

President Donald Trump recently suggested that potential escalation of U.S. military actions against Iran could be tempered due to the upcoming midterm elections. The remarks indicate a possible strategic pause rather than a complete halt in military engagement, with senior White House officials reportedly considering a post-midterm strategy amid ongoing tensions over Iran's nuclear activities and regional security issues.
15:43
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UBS Repurchases $7.93B in Credit Suisse Senior Notes, Largest Post-Acquisition Debt Reduction

According to UBS, the bank repurchased $7.93 billion in principal amount of legacy Credit Suisse senior notes through nine concurrent cash tender offers, settling on September 14. The tender offers launched on September 2 and concluded on September 10, with UBS upsizing its maximum purchase consideration to approximately $5.85 billion due to strong investor participation. The repurchased notes spanned multiple currencies including US dollars, euros, and British pounds, with maturities extending
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15:43
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RBI Drains 1 Trillion Rupees via Bond Sales, First OMO Operation Since September 2024

The Reserve Bank of India on September 11 announced a 1 trillion rupees ($10.5 billion) bond sale through open market operations, marking the central bank's first net OMO bond sale since September 2024. The sales will occur across three tranches: 500 billion rupees on September 17, followed by 250 billion rupees each on September 21 and September 28. The liquidity drain comes as India's banking system holds surplus liquidity of approximately 10.25 to 11 trillion rupees, a record level that has c
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15:42
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Genius Launches Leveraged Trading for bStocks Tokenized Securities Today

According to Foresight News, Genius trading terminal launched leveraged trading on September 11, allowing users to collateralize bStocks tokenized securities to obtain leveraged exposure through on-chain borrowing. The feature is supported by bStocks tokenized securities and powered by Euler Finance's lending infrastructure, deployed on BNB Chain.
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EUL-0.23%
15:42
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Zcash Drops 12% on Friday as $28M in Liquidations Hit After ZEC's 2,400% Rally

According to CoinGlass data, Zcash (ZEC) dropped roughly 10-12% over 24 hours on Friday, trading around $1,090-$1,120, down sharply from its Sept. 9 peak near $1,298. The decline triggered approximately $27.6 million in ZEC futures liquidations, while open interest declined to about $2.11 billion. The pullback follows an extraordinary run in which ZEC gained more than 2,400% over one year, surging from below $500 in August to almost $1,300 this week. Leverage had grown alongside the price, with
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15:41
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Whale Trader Loracle's HYPE Short Position Down $7.45M as Token Rises to $83.18

According to TradingBeats, on September 11, whale trader Loracle continued reducing HYPE short positions, with remaining exposure of $21M now showing an unrealized loss of $7.45M. HYPE rose from the trader's entry price of $53.97 to $83.18. Loracle's total short portfolio recorded a net unrealized loss of approximately $9.54M across multiple positions including SNDK, NVDA, PONS, MU, and others.
HYPE3.11%
15:32
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Nvidia Plans 2GW AI Data Center Expansion in Australia by 2027

Nvidia announced plans to add up to 2 gigawatts of AI data-center capacity in Australia by 2027, working with local infrastructure partners including Firmus, IREN, NEXTDC, AirTrunk, CDC, Sharon AI, ResetData and Megaport. The buildout is notable as Australia's existing data-center capacity stands at approximately 1.6 GW, meaning Nvidia's planned expansion could exceed the country's current total load. The facilities will host Nvidia DSX systems to support AI labs, startups, enterprises, universi
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15:31
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Whale Transfers 70,000 USDT to Help X User, Recipient Deletes Address Info

According to Odaily, a whale account known as "先定10个大目标" transferred 70,000 USDT (approximately 500,000 CNY) to assist a user seeking help on X platform. Shortly after the funds arrived, the recipient deleted the receiving address from the comments section. Community members subsequently discovered that the account had previously solicited funds from multiple individuals and posted multiple "help me" requests, raising questions about fund usage. The community called for disclosure of hospital ad
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