Gate Crypto Flash News and Market Updates

According to Atlanta Federal Reserve official Venable, inflation remains too high as of mid-August 2026. The prospect for future rate easing depends on developments in the Middle East, the official stated.

According to UBS analyst David Vogt, Jabil Inc. (JBL) shares rose 6% on Tuesday after the firm upgraded the stock to 'Buy' from 'Neutral,' with a $430 price target implying 28% upside. UBS forecasts Jabil's AI-related revenue will grow 50% to $20.3 billion in fiscal 2027, up from $13.5 billion in fiscal 2026, driven by accelerating AI investments from Amazon, Meta, and Google. Amazon, Jabil's largest AI partner, plans to accelerate deployment of its Graviton and Trainium chips over the coming ye

According to its official announcement, Brazil's CSN received sufficient support from bondholders to complete a debt exchange, providing the steelmaker financial relief amid elevated financing costs. The exchange aims to refinance maturing obligations and reduce debt servicing pressures.

According to the Federal Reserve Bank of New York, U.S. household credit card balances increased by $21 billion in the second quarter of 2026, reaching a collective $1.26 trillion as of mid-year.

According to HyperliquidNews, a whale currently maintains 1,625 Bitcoin short positions worth $103.3 million on Hyperliquid with over 40x leverage. The account equity stands at $2.432 million, and the liquidation price is 1.12% above the current BTC price.

According to HyperliquidNews, Hyperliquid recorded an average of 96,030 daily active users (DAU) in the past week, marking a new historical high for the platform.

According to Google, the Gemini app reached 1 billion monthly active users as of August 11, making it the company's fastest-growing product ever.

A large Bitcoin transfer occurred on August 11, with 3,564 BTC (approximately $226.36 million USD) moved from an unknown wallet to another unknown wallet, according to blockchain data.

According to Coinbase, the company has designated Abu Dhabi as its international tokenization hub to support the development of a more open and accessible global financial system.

According to TD Cowen, the SEC will vote on Friday (Aug 16) whether to propose new rules establishing a token safe harbor for certain crypto investment contracts. The investment bank's Washington Research Group managing director Jaret Seiberg called this a "pivotal rulemaking," noting the proposal aims to create a distinct disclosure and compliance regime for crypto asset investment contracts, allowing projects to raise capital without choosing between strict securities regulations or litigation

According to Reuters, AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million to develop a 200-megawatt data center campus, CEO Brittany Kaiser disclosed.

According to a new report, African-focused startups saw investment surge in the first six months of 2026, putting them on track for a record annual fundraising year.

According to Tasnim News Agency, explosions were reported in the Marib area of Yemen on August 11.

According to Iran's state broadcaster IRIB, Iran's President met with Pakistan's Interior Minister recently. Details regarding the meeting agenda and outcomes were not disclosed.

The Federal Reserve's overnight reverse repurchase agreements (RRP) totaled $1.25 billion on Tuesday (Aug 11), down from $975 million the previous trading day. Two counterparties participated in the facility.

CBOT soybean futures fell 1.0% intraday today (August 11) to 1,182.75 cents per bushel, while wheat futures declined 1.5% to 629.5 cents per bushel.

According to CCTV, South Africa launched an emergency response on August 11 to prevent the spread of Ebola from the Democratic Republic of Congo. The country has designated 36 hospitals nationwide as isolation and treatment centers and mobilized over 4,000 public health personnel to complete screening drills. As a regional hub with daily flights to Kinshasa and other outbreak areas, Johannesburg faces significant transmission risk.

According to Sal Naro, Chief Investment Officer at Coherence Credit Strategies, the announcement of Nvidia's $500 billion financing plan released Monday night disclosed limited details on implementation timeline and structure. Traders and fund managers have sought clarification on the potential impact. Naro noted that the plan's structure is becoming clearer as multiple parties participate, and Nvidia's risk exposure appears lower than investors initially feared.

According to Cochilco, Chile cut its 2026 copper production forecast to 5.27 million tons following an exceptionally weak first half at major mines. The country's state copper commission simultaneously raised its average price forecast to $5.95 per pound.

Ark Invest purchased 122,422 Nvidia shares worth approximately $26.6 million on Monday (August 10), while trimming its Palantir position, according to portfolio updates. The trades came as both stocks experienced market volatility.