Gate Crypto Flash News and Market Updates

According to BlockBeats, Longxin Technology stock rose 6.55% on September 7, reaching 58.39 yuan per share. The company's market capitalization returned to 3.96 trillion yuan.

According to APK-Inform, Ukraine's main grain exports increased by 40% to 433,700 tons during the week of August 27 to September 2.

According to Mohamed El-Erian, chief economic adviser at Allianz and former leader of bond manager PIMCO, the U.S. Federal Reserve is unlikely to raise its benchmark rate in September. Writing on Substack on September 7, El-Erian cited The Economist, stating: "I think the Fed is likely to be the only major central bank not raising rates in September." In contrast, El-Erian expects the European Central Bank to raise rates this week, followed by the Bank of England and Bank of Japan increasing rat

According to Bloomberg, global oil traders, buyers, and executives are converging in Singapore this week for the S&P Global Energy Asia-Pacific Petroleum Conference (APPEC), as tensions resurface in the oil market following months of conflict-driven volatility. Discussions will focus on declining oil inventories, approaching Northern Hemisphere winter, rising inflation concerns, and geopolitical challenges including issues in the Hormuz Strait, Middle East tensions, and the Russia-Ukraine confli

Ethereum co-founder Vitalik Buterin assigned a 60% probability on September 6 that SNARKs, fully homomorphic encryption, and indistinguishability obfuscation can eventually operate at less than 10 times the cost of ordinary computation. He also estimated a 33% probability that all three technologies reach 1+ε overhead for average real-world computation, meaning the additional cryptographic cost becomes arbitrarily small at sufficient scale. Buterin described the forecast as an optimistic and "ve

Tether CEO Paolo Ardoino said the stablecoin issuer aims to become a top-five buyer of U.S. Treasuries as USDT demand expands, according to remarks on The Wolf of All Streets podcast. Tether's first-quarter 2026 attestation reported approximately $141 billion of direct and indirect U.S. Treasury exposure as of March 31, making it roughly the world's 17th-largest holder. The company's net Treasury purchases totaled $33.1 billion in 2024 and $28.2 billion in 2025.

According to Yonhapinfomax, South Korea's Financial Supervisory Service suspended SK Innovation's securities filing and SK IE Technology's major transaction report on September 4, citing incomplete or unclear disclosure of material information relevant to investment decisions. The suspension is effective immediately. If SK Innovation fails to submit corrected filings by December 4, the original filing will be deemed withdrawn under the Capital Markets Act.

Spot gold declined 1% intraday to $4,386.25 per ounce, while spot silver fell 1% to $65.48 per ounce. Both precious metals posted equal losses during today's trading session.

According to Mohamed El-Erian at the Ambrosetti Forum on Friday (September 4), global government bond selloffs will persist due to a fundamental supply-demand imbalance. Large-scale debt issuance from governments, major cloud service providers, and corporations is outpacing the capacity of reliable buyers, El-Erian said. El-Erian, chief economic advisor at Allianz and professor at University of Pennsylvania's Wharton School, noted that traditional U.S. bond holders—including China, Japan, and Gu

According to BlockBeats, Raydium's LaunchLab on September 7 now enables trading pairs for any token on the Solana-based DEX, allowing users to freely create custom trading pairs on the platform.

The UK's Halifax seasonally adjusted house price index declined 0.2% month-on-month in August, missing market expectations of 0.1% growth and marking a reversal from the prior month's flat reading of 0%.

According to PR Newswire Asia, Ascletis Pharma (Stock Code: 1672.HK) announced today that its ordinary shares listed on the Hong Kong Stock Exchange have been included in the eligible securities list under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective as of September 7, 2026. Following the inclusion, qualified mainland China investors can trade the company's shares through the Stock Connect channels.

According to an interview with China Fund News published on September 7, Frederic Neumann, Chief Asia Economist at HSBC Global Investment Research, outlined three major challenges facing AI growth: rising financing costs due to higher government bond yields in the U.S., Japan, and Europe; energy constraints driven by geopolitical issues and El Nino effects; and social challenges including K-shaped recovery, labor market pressures, and growing AI safety concerns requiring monitoring and regulatio

According to Odaily, Hong Kong-listed optical communications, storage, and PCB stocks rallied today, with Cambridge Technology surging over 22%, driven by continued AI hardware momentum in the region.

According to Florida Athletics, Ripple signed a multi-year partnership with the University of Florida starting with the 2026 football season, bringing XRP branding to Ben Hill Griffin Stadium along with digital platforms and event signage. The partnership also includes an educational component, with Ripple supporting financial and technology education programs for Florida's student-athletes and campus community, covering both traditional finance and digital assets. Florida Athletics Director Sco

According to GMGN data cited by Odaily, Robinhood Meme coin NASDUCK surged to a $27 million market cap peak today, up over 1000x in 24 hours. The token is currently trading near $26 million market cap. NASDUCK, named after a play on "Nasdaq" combined with "Duck," is part of the recent stock and Meme coin narrative expansion on Robinhood Chain.

According to Jin10 Futures on September 7, polypropylene mainstream process units posted profit gains in August, supported by resilient crude oil prices on the cost side. Industry maintenance activity remains concentrated while new capacity additions are expected to remain weak, limiting near-term production recovery and potentially sustaining price strength as seasonal demand peaks.

On-chain data showed Robinhood Chain experienced net outflows of $306.19 million last week, marking the largest weekly outflow among all blockchain networks. The exodus coincides with analyst observations that on-chain capital is rotating toward Solana.

Germany's industrial production fell 1.1% month-over-month on a seasonally adjusted basis in July, significantly underperforming economist expectations of 0.1% growth and reversing the prior month's 0.20% gain.

According to TradingBeats, on September 7, two whales on Hyperliquid opened long positions on SKHX from neutral, collectively purchasing approximately $17.81 million. The combined position is currently valued at $17.98 million with unrealized gains of $168,000. Address 0xc8b5 bought 9,989.896 SKHX for approximately $13.10 million between 12:09 and 13:07 UTC, with an average entry price of $1,310.92. Address 0x519c purchased 3,644.952 SKHX for roughly $4.71 million in a 4-minute window from 09:40