Gate Crypto Flash News and Market Updates

According to Shanghai Municipal Commission of Housing and Urban-Rural Development, the city will fully launch urban village renovation projects by the end of 2026 and complete comprehensive upgrades. Preliminary renovation of all projects is scheduled for completion by the end of 2027. On old residential housing retrofit, Shanghai aims to complete renovation of approximately 20,000 square meters of substandard housing structures by end of 2026, and substantially finish retrofitting non-suite emp

According to Odaily, Pools.fun recently adjusted its fee distribution mechanism for new token pools. The platform will now allocate 90% of trading fees to token issuers and 10% to the protocol. Half of the protocol's fee revenue will be used to buy back and burn BNKR tokens. The platform is also conducting an airdrop of approximately $120,000 worth of BNKR to leaderboard participants and launched a "Fees to Holders" feature enabling projects to distribute trading fees to token holders.

Gate News message, Garrett Jin (@GarrettCEX) has started taking profits on his 1,868 BTC ($147M) long position. He has closed 276 BTC ($21.5M) so far, realizing a $210K profit. Jin currently holds 1,592 BTC ($123.92M) with $1.18M in unrealized profit. He has maintained this long position for over 3 months.

According to S&P Global, Japan's August services PMI confirmed reading reached 52.5 on September 3, exceeding the preliminary estimate of 52.3. The index rose from 51.2 in July, marking the fastest expansion pace in five months and extending three consecutive months of service sector growth. The composite PMI (services and manufacturing combined) climbed to 53.9 in August from 52.7 in July, achieving 17 consecutive months of expansion. S&P Global noted that input costs surged sharply, driving ou

According to Jin10, yen traders are heightening vigilance against potential yen intervention by Japanese authorities ahead of the Bank of Japan's policy meeting on September 18, with market participants flagging the "Silver Week" holiday period immediately following the decision as a likely window for action due to lower market liquidity. Japanese authorities conducted their first intervention since 2024 during a holiday break in April, and investors now anticipate a similar strategy during the

According to Wan Gang, honorary chairman of the China Association for Science and Technology, on September 3 ahead of the 2026 World Power Battery Conference in Yibin, Sichuan, greater investment is needed in advanced battery technologies. Specifically, Wan recommended accelerating research and commercialization of solid-state battery technology, exploring alternative routes like sodium-ion batteries, and further enhancing safety and environmental adaptability of power batteries.

Secret token (SCRT) climbed 9.13% in just 30 minutes, trading at $0.007478, according to market data. Trading volume reached over $6 million in the past 24 hours, indicating heightened investor interest. However, SCRT posted a 13.55% decline over the same 24-hour period, reflecting mixed market signals. The token's market cap stands at approximately $10.8 million, with its daily trading range between $0.006853 and $0.016049.

According to a notice from Shanghai Municipal Commission of Housing and Urban-Rural Construction, the city will supply 25-28 million square meters of commercial residential housing under its 15th Five-Year Plan through 2030. The plan also targets adding 250,000-270,000 subsidized rental housing units and providing 120,000 beds in housing for city builders and managers. Shanghai will strengthen rental housing supervision, standardize market order, and expand housing-related financial services.

According to Shanghai's housing and urban-rural construction management committee, the city released its 15th Five-Year Plan on September 3, targeting a natural gas reserve capacity of at least 25 days by 2030 to strengthen gas supply security.

According to HTX market data, Ethereum fell below $2,400, trading at $2,399.53 with a 24-hour decline of 0.4%.

According to on-chain analyst Ai Yi, Majesty currently holds approximately $128 million in BTC and ETH long positions. The 39,100 ETH long position is underwater by $980,000, with a liquidation price of $2,342.78, approximately $60 below current price levels. The 440 BTC long position shows a floating gain of $175,000.

According to ChainCatcher, G20 finance ministers and central bank governors supported establishing a clearer regulatory pathway for digital assets during their meeting in Asheville, United States on September 1. The group added digital assets to the U.S. 2026 presidency agenda and identified global stablecoins and cross-border payments as priority topics. G20 called on the Financial Action Task Force to strengthen anti-money laundering enforcement in jurisdictions with significant virtual asset

According to BlockBeats, WLFI advisor ogle purchased PONS tokens for $4,997 when the cryptocurrency had a market cap of $4.7 million on September 3, according to TradingBeats monitoring. The early buy has since generated a $5.4 million profit, representing a 1,080x return.

According to News1, on September 3, Broadcom reported Q3 AI chip revenue of $16.7 billion, up 221% year-over-year and 54% quarter-over-quarter. The company raised its full-year 2028 AI chip revenue guidance to $230 billion, up from prior expectations, driven by rising adoption of custom accelerators from tech giants including Google and Meta alongside Nvidia GPU demand. The results point to potential benefits for Samsung Electronics and SK Hynix, as expanding high-bandwidth memory (HBM) demand b

According to Yonhapinfomax, on September 3, Japan's 10-year government bond yields surged to 3.01%, marking the highest level in three decades. The rally reflects a broader shift in capital flows as Japanese investors begin repatriating overseas assets and rotating toward domestic investments due to improved relative yields. Data shows Japanese investors have recorded net outflows of 3 trillion yen from overseas bonds since the beginning of 2026 through August 22, the largest scale since 2022. T

According to Yubico, on September 1, OpenAI began requiring hardware-backed security keys for members of its Trusted Access for Cyber program. The move came as Yubico expanded availability of a co-branded YubiKey bundle to nine additional markets, including Australia, Japan, Malaysia, Singapore, South Korea, and the UAE. Under OpenAI's Advanced Account Security program, users who enroll security keys can no longer use weaker authentication methods such as SMS one-time passwords and push notifica

According to China Coast Guard, on September 3, the Putuo Shan task force conducted routine law enforcement patrol in waters east of Taiwan island. The operation was part of ongoing efforts since August to strengthen management of relevant sea areas and safeguard navigation and operational order in the region.

According to Crypto Briefing, Colombian fintech company Plenti completed a $3 million seed funding round on September 3, led by Tether with Verda Ventures participating. The funds will support the company's current operations in Colombia and expansion into Peru and Bolivia. Plenti, founded in 2022, serves freelancers and remote workers with multi-currency accounts supporting USD, EUR, and Colombian pesos. The platform processes over 680 million USDT since 2023, serves over 150,000 active users,

According to ChainCatcher, Bitget Launchpool's CP project has opened for deposits as of September 3. The BGB staking pool offers an APR of 55.22%, while the CP pool yields 568.23% APR.

According to BlockBeats, on September 3, Pons, a token issuance platform on the Robinhood blockchain, added support for multiple stock token trading pairs, including Snap, Lululemon, Figma, Moderna, and Pfizer, according to the official platform page.