Gate Cryptocurrency News and Market Analysis

SCRT token climbed 9.13% in 30 minutes, reaching $0.007478 as trading activity intensified. The surge followed a 24-hour decline of 13.55%, with trading volume exceeding $6 million in the past 24 hours indicating heightened investor interest. The cryptocurrency market is displaying mixed signals

Societe Generale forecasts the Federal Reserve will raise interest rates three times following Chair Kevin Warsh's hawkish Jackson Hole speech, with SG US Chief Economist Yann Groen projecting 25 basis point hikes at the September and December FOMC meetings and the March meeting next year. Groen

Japanese 10-year government bond yields traded at 3.01% in current morning trading, marking the highest level in 30 years and signaling a shift in global capital flows as Japanese investors reduce overseas bond holdings. The yield surge stems from Japanese institutions reallocating portfolios

US stock index futures edged lower on the morning of September 3rd in Asian markets, with E-mini S&P500 futures down 0.05% to 7,673.00 at 9:24 AM Korean time, despite the previous night's rebound on Wall Street that ended a three-day losing streak. New York Federal Reserve President John Williams to

Professor Koo Seong-kwon of Myongji College spoke on September 3 at a forum titled '2027 Digital Asset Tax System Review' held at the National Assembly Members' Office Building in Yeouido, Yeongdeungpo-gu, Seoul, highlighting tax classification issues in South Korea's upcoming digital asset

X announced on Sept. 3 that, effective immediately, all payments to U.S. creators will be paid exclusively through X Money, including payments from the Original Content Rewards Program and creator subscriptions. This enables instant access to funds while eliminating the existing two-week settlement cycle and $30 minimum withdrawal threshold. Under the old system, X processed payments every two weeks, with a minimum withdrawal amount of $30. After switching to X Money, creators can withdraw funds

Fidelity Digital Assets published research on Sept. 1 examining Bitcoin's vulnerability to future quantum computing threats. The analysis warns that cryptographically relevant quantum computers (CRQCs), while not currently existing, could eventually undermine the mathematical assumptions securing Bi

KOSPI-listed company Hyein experienced a three-day consecutive stock decline from August 31 to September 2, dropping 2.29%, 13.08%, and 11.61% respectively, following a 195% surge from early August to August 28 that made it the top-performing KOSPI stock during that period. The decline was driven

Nasdaq-listed Chinese agricultural product supplier Farmmi's stock surged 350% on September 3, with Filled Amount exceeding 720 million shares—nearly 90 times the stock's average daily Filled Amount. The surge was directly related to activity involving the meme coin JINQIAN on Robinhood Chain, where JINQIAN trades on-chain against the FAMI token corresponding to Farmmi's stock ticker. Farmmi Stock Surge Data According to The Block, Farmmi (FAMI) performed as follows on September 3 (Wednesday): I

Samsung Electronics and SK Hynix executed 15 trillion won in Korean stocks buybacks over 10 trading days starting August 20. The buybacks supported the KOSPI index's lower bound. According to the Korea Exchange on September 3, other corporations net purchased 15.0860 trillion won during this

Citi downgraded third-quarter earnings forecasts for Samsung Electronics and SK Hynix on the 1st, citing won appreciation against the dollar as a key factor impacting profitability. The investment bank lowered SK Hynix's Q3 operating profit estimate from 76.7 trillion won to 74 trillion won, and

The Wyoming Stable Token Commission adopted Chainlink’s Proof of Reserve mechanism on September 3 to publish verified reserve data for the FRNT Stablecoin on-chain in near real time, exceeding the monthly disclosure minimum required by the GENIUS Act. FRNT was launched in January and is the first state-issued Stablecoin in the United States, backed by Dollars and short-term U.S. Treasuries. How the Wyoming Stable Token Commission’s Adoption of Chainlink Proof of Reserve Works According to the co

Japanese stock indices opened higher on September 3rd as US Treasury yields eased and US equities strengthened. At 9:11 AM, the Nikkei 225 index traded at 64,408.08, up 82.44 points or 0.13% from the previous session, marking its first gain in four trading sessions. The advance came after

South Korea's semiconductor exports hit a record high in August, driven by surging AI infrastructure investment, but analysts warn the rapid growth pace could become an economic risk factor if demand slows abruptly. According to the Ministry of Trade, Industry and Energy, August semiconductor export

Edelson PC filed 30 lawsuits in a California federal court on Sept. 2 on behalf of teachers, students, and the principal who witnessed the Tumbler Ridge secondary school shooting in British Columbia, Canada, accusing OpenAI of bearing legal responsibility for “aiding and abetting a mass shooting” that killed 8 people and injured more than 25 on Feb. 10; none of these plaintiffs were shot. 30 Lawsuits Filed Against OpenAI: Allegations Elevated to Aiding and Abetting These complaints were filed in

Broadcom released its Q3 FY2026 financial results on September 2, reporting that its AI semiconductor business grew 221% year over year (54% quarter over quarter) to $16.7 billion, driving total revenue up 86% year over year to $29.6 billion. The board announced a quarterly cash dividend of $0.65 per share. CEO Hock Tan said demand for custom accelerators and networking equipment was “very strong.” Key Data from Broadcom’s Q3 FY2026 Financial Results According to Broadcom’s Q3 FY2026 financial r

According to an announcement by the U.S. Department of Justice (DOJ), the FBI’s Albuquerque Field Office dismantled a cryptocurrency fundraising network supporting Hamas’s military wing, the Qassam Brigades. The operation resulted in the seizure of nearly $560,000 in cryptocurrency and the takeover of the domains and servers used for fundraising. Through informants, blockchain tracing, and court-authorized seizure measures, the FBI gained direct control of some fundraising channels before the fu