Gate Crypto Flash News and Market Updates

According to data from GrowthePie, over the past 30 days, Ethereum Layer 2 networks processed approximately 29.95 million transactions daily, compared with about 1.97 million on the mainnet. Layer 2 networks now account for roughly 97% of total computational throughput across the ecosystem,

On Sept. 7, Brent crude approached $98 a barrel amid escalating U.S.-Iran tensions around the Strait of Hormuz, according to TradingView data. WTI crude traded above $92, with the week-long rally extending gains as tanker traffic through the strategic waterway fell to its lowest level since May.
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According to Korea Exchange, Skylabs, a healthcare data company, listed on September 4 and surged to double its IPO price on the first trading day, then hit the daily trading limit on the following session, achieving two consecutive limit-up closes. The strong performance stands in stark contrast to

According to analyst EGRAG Crypto, XRP could surge approximately 342% from its current level of $1.40 to reach a first major target zone of $6.19–$8.07 in a potential fifth macro wave, based on Elliott Wave and Fibonacci analysis. The forecast depends on XRP maintaining its current technical

According to Glassnode, privacy tokens surged 213% year-to-date through September 7, 2026, significantly outperforming Bitcoin which fell 36% from its October 2025 peak and the top 200 assets median which declined 58%.
Privacy tokens led all

According to Glassnode, the privacy sector is the sole top-tier asset class outperforming its October 2025 peak level, with a year-to-date gain of 213%. The sector's market cap has grown from approximately $710 million a year ago to $336 billion currently, with nearly half of the gains occurring in

According to Odaily, Zhihu announced it will commit 1.5 billion yuan to invest in a limited partnership fund focusing on early-stage artificial intelligence and frontier technology enterprises in mainland China. The company is expected to hold no more than 30% of the fund's equity. The fund has a se

Gate News bot message: Gate market data shows that ETH has broken above 2,500 USDT and is currently priced at 2,500.5 USDT.

According to Jinshi Data on September 7, Jereh Group, a leading oilfield services equipment manufacturer, indicated that the impact of U.S. Executive Order 14420 on its current business is limited. The company has received the first advance payment on a gas turbine contract signed in July valued at

According to Bloomberg and Reuters, hackers withdrew approximately 4,000 Bitcoin (about $320 million) from Liquid Network's federation wallet on September 6, draining roughly 95% of the Bitcoin held in the system and forcing the Bitcoin-linked settlement system to halt transactions.
Liquid

According to Rappler, PhilWeb Corporation disclosed on Monday, September 7, a multibillion-peso investment in JKS Tech Solutions Inc., prompting the Philippine Stock Exchange to suspend the gaming technology firm's shares beginning Tuesday, September 8.
PhilWeb and its subsidiary PhilWeb Capital Co

According to Bank of America consumer deposit account data, low-income household wage growth reached 4.7% year-over-year in August, surpassing high-income households' 3.5% for the first time in years. The reversal signals a potential shift in the long-standing "K-shaped" income inequality trend.
Ba

According to Yahoo Finance, Zhihu announced on September 7 that its wholly-owned subsidiary has signed a subscription agreement to invest 1.5 billion yuan in limited partnership interests of an AI and frontier technology fund. Following the completion of the investment, Zhihu is expected to hold no

According to MetaversePost, Blockchain Life 2026 will return to Dubai on December 1–2, hosting over 15,000 attendees from 130+ countries, 200+ speakers, and 200+ exhibitors across three stages. A new AI Future track will debut at the conference, focusing on artificial intelligence developments and t

According to ChainCatcher, organized crime gangs in Ireland have been renting private safe deposit boxes to store cryptocurrency wallet private keys alongside cash and valuables, the Sunday Independent reported, citing Irish Criminal Assets Bureau director Michael Gowling. The authority is

According to Jin10 data, Iraq's State Organization for Marketing of Oil (SOMO) significantly narrowed crude oil discounts on September 7, effectively raising prices for oil loaded from the Persian Gulf this month. The Iraqi government said Friday it is seeking to lease tankers to transport crude

According to Galaxy Research, Bitcoin processed 893,391 transactions on September 6, marking the fourth-highest single-day transaction volume in history, surpassing over 99% of all historical trading days.

Gate News reports that, according to an official Gate announcement, Gate has launched live trading for the CNPY Perpetual Contract, settled in USDT, with 1–20x leverage. At the same time, Gate has added CNPY Trading Pairs for margin lending, including Unified Account Borrowing, Isolated Margin Trading, Simple Earn, Flexible Term collateralized lending, and Fixed Term collateralized lending. In addition, the platform has launched CNPY Convert, allowing users to convert CNPY into USDT or other sup

According to CoinGecko data, Zcash (ZEC) surged to $1,249.28 on August 25 following Grayscale's conversion of its Zcash Trust into an exchange-traded fund (ZCSH), breaching a $20 billion market cap. ZEC rallied approximately 45% over the past week and 138% in the last 30 days. The Grayscale Zcash

According to Jin10, China's Commerce Minister Wang Wentao met with Finnish Economy Minister Petteri Orpo on the morning of September 7 to discuss China-Finland and China-Europe economic and trade relations. Wang stated that maintaining the stability of China-Europe trade and investment relations is