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According to Gate market data, the S&P 500 index's decline narrowed to 0.5%, having previously dropped by 0.8%. The Nasdaq is currently down 0.8%, and the Dow is down 0.2%.

Bitget celebrates its 8th anniversary, and CEO Gracy has released an anniversary open letter. She candidly stated that a year ago, when Bitget proposed the panoramic exchange UEX strategy, there were many doubts from the outside world, but the team chose to respond with product implementation. She mentioned that the starting point of UEX is to solve the fragmentation of assets, accounts, time, and geography, allowing users to trade high-quality global assets in one stop. Now, more and more leading exchanges are beginning to layout traditional financial trading, and Gracy referred to 2025 to 2026 as the "Year of Multi-Asset Trading."In her letter, Gracy wrote that over the past year, Bitget has transitioned from a "follower" to a "leader in product innovation," successively launching products such as stock perpetual contracts, Pre-IPO, cross-asset unified accounts, rToken, and Hong Kong stock Quanto contracts. Data shows that the peak trading volume of non-crypto assets has accounted for 40% of the platform's total trading volume, with daily trading volumes of TradFi contracts and CFDs both exceeding $10 billion, and the cumulative number of rToken transactions surpassing 3 million.Regarding the next phase, institutional business will become the core direction of Bitget. By the second quarter of 2026, the net asset scale of Bitget's institutional clients is expected to grow by 45% compared to the third quarter of 2025, with the number of core active market makers increasing from 90 to 248. In the future, the platform will continue to optimize trading execution, asset security, and institutional service links. Gracy concluded her open letter by stating, "The pursuit of trading excellence is never complete; it is always in progress. The era of multi-asset trading has just begun."

According to the latest stock spot exchange ranking released by RootData, among the listed exchanges, MEXC experienced the largest decline in market share, reaching 14.81% based on the trading volume from the public order book in the past 24 hours.

Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated that BTC has fallen as expected, with $76,500 being a key support level (the lower bound of the ascending channel, as well as the Fibonacci 23.6% retracement from the rise of about $57,000 to $82,000). If it falls below $76,500, the decline may accelerate, and the next focus will be whether the previous low of $75,500 can hold.He previously mentioned two possible scenarios: a) a rebound before reaching $75,000, which would make it more likely to rise back to $80,000, or even up to the high resistance area of $83,000 to $84,000, before starting a major correction; b) if it effectively breaks below $75,000, it will trigger a correction corresponding to the original rise from $64,000, expected to reach $70,000 to $72,000, before entering the next phase of a bull market. Jiang Zhuoer believes that the voting on the "Cryptocurrency Market Structure Act" (i.e., the CLARITY Act) next week and news from the Federal Reserve may become key catalysts, thus maintaining a neutral position of full BTC short positions + full ETH spot positions.

Traders and sources say that unless deliveries are restored within a few days, the disruption in Saudi pipelines could lead to a 4% loss in global oil supply. Saudi Arabia's storage in Yanbu can only sustain exports for 5 to 7 days, and there is also a small amount of storage in Egypt.

According to on-chain analyst Axel Adler Jr., in the past 24 hours, Bitcoin's open interest (OI) has decreased by approximately 13,600 BTC, while the BTC price has remained relatively unchanged during the same period.He stated that the decline in open interest size, despite no significant drop in price, indicates that the market is actively deleveraging, which helps reduce the risk of concentrated liquidations of high-leverage positions and triggering a chain liquidation.

After the Saudi East-West oil pipeline was attacked, it was temporarily closed, and the number of vessels passing through the Strait of Hormuz dropped to 7 on Thursday. Iraq confirmed that the drone attack on Saudi Arabia originated from its territory, and Saudi Arabia has temporarily refrained from retaliatory actions at Iraq's request.

Former Alameda Research CEO Caroline Ellison has joined the nonprofit organization Manifund. Manifund co-founder Austin Chen stated that Ellison will be responsible for developing the organization’s donation platform and enhancing its charitable work. Ellison has been on a trial basis at the organization since July, transitioned to full-time in August, and has been posting work updates under the alias "Carol."Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the collapse of the FTX exchange in 2022, which resulted in billions of dollars in customer losses. She cooperated with prosecutors and testified against FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison. Ellison is set to begin serving a two-year sentence in November 2024 and will be released early in January 2026 for cooperating with the investigation.Chen stated in a post, "I believe in redemption. Caroline has acknowledged her mistakes, is working to repay creditors, and has served time in prison. I hope the world can recognize that too." Ellison expressed excitement about her new position, apologized for her past actions, and thanked Austin for giving her a second chance, stating that he judges her based on her current work performance rather than her past. According to its website, Manifund focuses on artificial intelligence safety and effective altruism projects.

According to Bloomberg, U.S. regulators released a statement on Friday announcing a proposed guideline on third-party risk management for banks. The Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration stated that the proposal aims to help banks and credit unions "better align and customize their third-party risk management practices to match the risks of various third-party relationships."Federal Reserve staff indicated in a memorandum that as this plan is introduced, banks are increasingly outsourcing certain functions and relying on third-party relationships to improve efficiency and reduce costs. The plan will be open for public comment, is non-binding, and aims to focus institutions' regulatory attention on a principles-based approach to such risks. Federal Reserve Governor Barr opposed the proposal, citing concerns about the standards for "significant financial risks."

Due to the rebound in gasoline prices, the consumer price increase in the U.S. for August is expected to accelerate, reinforcing market expectations for a possible interest rate hike by the Federal Reserve next week.The U.S. Department of Labor will release the August CPI report on Friday. Economists point out that oil prices returning to over $100 per barrel will keep inflation high.

Micron Technology announced on Friday that its direct labor employees in Taiwan will receive a total bonus for the fiscal year 2026 equivalent to 35 to 68 months of salary, with a minimum cash compensation of 1.7 million New Taiwan Dollars (approximately 53,809.39 USD).Employees in Taiwan who joined before August 29, 2025, will receive a cash bonus of 1 million New Taiwan Dollars (approximately 31,652.58 USD) for the fiscal year 2026. This announcement comes after union members representing about two-thirds of Micron's employees in Taiwan generally supported a strike.

The yield on the 10-year U.S. Treasury bond has slightly retreated, recently rising by 8.08 basis points to 4.916%.

DeepSeek has adjusted the offline schedule for V4 Pro. Previously, the official announcement stated that once V4.1 Flash officially goes live, all V4 Pro requests would be automatically switched to the new model; the latest notification changes this to September 14 at 12:00, when V4 Pro will be taken offline, and all requests will be switched to V4.1 Flash, with billing based on Flash prices.The previous automatic replacement plan has sparked opposition from many developers. Many developers are concerned that their carefully tuned Prompts, Agents, and production processes around V4 Pro will encounter issues due to the backend directly switching models. Some have suggested that DeepSeek retain the old model for a period of time, allowing users to decide when to migrate.

According to Gate market data, SpaceX's intraday decline has expanded to 5%.

According to GMGN market data, the market capitalization of the BSC chain Meme coin Haki has halved, dropping below 40 million USD, currently reported at 37.32 million USD, with a 24H decline of 12.69%.Market news reminds users that the price of Meme coins is highly volatile, and investors should participate with caution.

Data analysis and indexing platform Bilinear Labs announced that it has been acquired by Sei Labs, and the team will join Sei Labs to participate in the development of projects such as Sei Network and Sei Giga.Bilinear Labs will cease operations on September 14, and the platform is built with Rust, having indexed hundreds of billions of events and launched the BYOABI technology.

According to GMGN data, the Meme coin LAPTOP issued by Biden's son went online for 40 minutes, with its FDV peaking over 300 billion dollars, then dropping to the current 5 billion dollars, with a trading volume of 6.89 million dollars in 40 minutes.

The second episode of the Gate Stocks series is now online. Lucas Sum, the head of stock market development at Gate, shared insights on why cryptocurrency exchanges are starting to venture into the stock market and analyzed the differences between Gate and traditional brokers in terms of trading experience and asset allocation methods. Lucas Sum stated that more and more digital asset users are beginning to pay attention to stock opportunities from global companies such as NVIDIA, Apple, and Tencent. Gate integrates stocks and crypto assets into the same account, allowing users to manage different types of investment assets using the same USDT balance.In terms of trading experience, Gate Stocks supports fund transfers using USDT, enabling users to participate in stock trading without waiting for traditional bank fund settlements. In addition to regular trading hours for U.S. stocks (9:30 AM - 4:00 PM ET), it also supports pre-market and after-hours trading, with fractional shares supported down to 0.01 shares. Besides stocks and ETFs, Gate also covers investment opportunities such as stock perpetual contracts, tokenized assets, Pre-IPOs, and direct IPOs. Lucas Sum emphasized that Gate is not trying to replace traditional brokers but rather to expand the possibilities of investment platforms, bringing the global stock market directly to digital asset users.