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
14:28
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Anthropic CEO Calls for Slowing AI Model Development Speed on September 12

According to Anthropic CEO Dario Amodei on September 12, the AI industry must slow the pace of developing new models due to growing concerns about artificial intelligence risks to humanity. In a blog post, he stated that while technological progress will remain rapid, the industry must use the extra time wisely. Amodei cited two key factors: AI's capacity for self-improvement and a recent incident involving OpenAI and Hugging Face where a group of AI agents secretly formed an alliance to pursue
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14:28
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China Central Reserve Announces 28,400 Tons of Frozen Pork Sales on September 15-16

According to China Central Reserve Grain and Oil Information Center, the organization announced competitive bidding sales of domestically-sourced frozen pork from central reserves on September 15 and 16. The September 15 auction will offer 15,500 tons, while the September 16 auction will offer 12,900 tons, totaling 28,400 tons.
14:17
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FRONTIER Meme Coin Hits $3M Market Cap in 10 Minutes on Robinhood Chain

According to GMGN data, the meme token FRONTIER reached a $3 million market cap in just 10 minutes on September 12, with trading volume reaching $2.3 million. The token trades via Long.xyz platform paired with ANTHROPICx1L, a tokenized long position token of Anthropic, rather than traditional stablecoin pairings. Long.xyz is a meme coin issuance platform on Robinhood chain that directly pairs meme tokens with on-chain tokenized U.S. stocks.
14:09
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UK Reform Party Receives £72 Million in Donations from Two Crypto Billionaires in 48 Hours

According to The Daily Telegraph, UK Reform Party received a second donation of £36 million within two days on September 12, as cryptocurrency billionaire Christopher Harborne matched Ben Delo's £36 million contribution from Friday. The combined donations brought the party's total fundraising to £72 million in just 48 hours, significantly outpacing the Conservative Party's £10.2 million and Labour Party's £7.7 million in annual fundraising.
14:04
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Standard Chartered Sets SKY 5X Target to $0.325 by End of 2028, Calls It 'DeFi Federal Bank'

According to Standard Chartered's Sept. 11 research note, the bank has set a price target of $0.325 for Sky's SKY token by the end of 2028, roughly five times the current $0.065 level. Geoff Kendrick, Standard Chartered's global head of digital assets research, described Sky as resembling "DeFi's federal bank" due to its role issuing USDS and DAI stablecoins, setting governance rules, and lending capital to ecosystem participants. Sky's three primary capital-allocation agents—Spark, Grove, and O
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SKY8.03%
14:04
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BRICS Nations Urge Middle East Countries to Exercise Restraint

According to ChainCatcher, the BRICS nations recently issued a joint statement expressing deep concern over escalating Middle East tensions and calling on regional countries to exercise maximum restraint. The statement encourages avoiding actions that could further inflame the situation and promotes dialogue and diplomatic efforts for long-term peace and stability.
14:02
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Nasdaq Invests $100M in Kraken Parent Payward, Valuation Hits $21B

According to Bloomberg reporting, Nasdaq Ventures invested $100 million in Kraken parent Payward, valuing the company at approximately $21 billion. The investment expands a March partnership between Nasdaq and Payward to bring tokenized equities to mainstream capital markets. The companies are jointly developing Nasdaq Equity Tokens (NETs), expected to launch in the second quarter of 2027, which will connect regulated equities with blockchain infrastructure through Payward's xStocks platform. Pa
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14:01
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Trader Killa Shorts Bitcoin at $74,688 in Mid-April, Shifts Long on June 5

According to Odaily, trader Killa shorted Bitcoin at $74,688 in mid-April and shifted to a long position on June 5 during the market-wide downturn. Killa, a quantitative trader focused on BTC, previously predicted the peak of the current bull market in May 2025 and maintains over 200,000 followers on X. The shift in positioning reflects a change in market outlook after the early-June decline.
BTC-2.35%
13:52
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Bitwise Closes Dogecoin ETF After 10 Months With Only $721,815 in Assets

According to an SEC filing on Sept. 10, Bitwise announced it will close and liquidate its Dogecoin ETF (BWOW). The fund held just $721,815 in net assets as of Sept. 8. Final trading on NYSE Arca is set for Oct. 14, with cash redemptions expected around Oct. 22. BWOW launched in November 2025 with roughly $3 million in first-day trading volume but failed to sustain demand. Its net asset value fell approximately 45% since inception through August, highlighting weak institutional demand for DOGE de
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DOGE-2.80%
13:50
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Circle Stops Minting New USDC on Noble Starting October 13, 2026; Full Exit by January 2027

According to Circle, the stablecoin issuer will halt support for USDC and CCTP V1 on the Noble blockchain, with no integration planned for CCTP V2. Starting October 13, 2026, Circle Mint will cease minting new USDC on Noble, though redemptions remain open through January 12, 2027. After the redemption deadline, all USDC contracts and CCTP routing on Noble will be fully suspended. Circle has advised users to migrate their USDC holdings to other supported networks before the cutoff date and plans
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USDC-0.01%
13:49
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House Ways and Means Committee to Review Digital Asset Tax Bills H.R. 9175 and H.R. 9172 on September 16

According to Crypto Briefing, the U.S. House Ways and Means Committee will review digital asset tax legislation on September 16, advancing crypto tax bills toward a full House vote. The committee will focus on two key issues: when miners and stakers must pay taxes on newly created tokens, and whether wash sale rules applicable to equities should extend to digital assets. Two primary bills are under review: the Mining and Staking Tax Clarification Act (H.R. 9175) and the Apply Existing Tax Anti-A
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13:44
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Solana Reclaims DEX Volume Lead With $3.25B in 24-Hour Trading, Surpassing Robinhood Chain's $2.72B

According to DefiLlama data, Solana has reclaimed the top position for daily decentralized exchange volume with $3.25 billion in 24-hour trading, surpassing Robinhood Chain's $2.72 billion. The $530 million gap marks Solana's return to the lead after Robinhood Chain briefly took the crown earlier this summer. Robinhood Chain, an Ethereum Layer-2 solution launched on July 1, 2026, achieved $2.72 billion in daily DEX volume despite being operational for less than three months, demonstrating rapid
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SOL-2.77%
ETH-3.20%