Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
05:52

Robert Kiyosaki Warns as U.S. Debt Hits $40 Trillion on Aug. 27, Cash Savers Face Trouble

According to Treasury data, U.S. national debt reached $40.047 trillion on Aug. 18, prompting Robert Kiyosaki to renew his warning that holding cash is a losing strategy. The "Rich Dad Poor Dad" author stated that "savers of cash are the biggest losers" and argued investors should favor scarce or income-producing assets. Treasury officials subsequently announced plans to at least double long-dated bond buyback operations from $2 billion to at least $4 billion per operation beginning Sept. 9. Of
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BTC-0.46%
05:51

Nvidia Cuts Q3 Gross Margin Guidance to 74%, Down 100bp From Q2 Record High

According to Motley Fool, Nvidia's third-quarter gross margin guidance declined by 100 basis points to 74% on August 26, below the second quarter's record high of 75%. The chipmaker, which again beat market expectations with Q2 revenue reaching $96.2 billion (more than double year-over-year) and data center revenue up 117% YoY, saw the lower margin forecast interpreted as a potential sign that profitability may be peaking. The decline reflects growing competitive pressures from rivals including
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05:51

BOK Governor Justifies Consecutive Rate Hikes on August 27, Emphasizes Early Preemptive Action

According to Yonhapinfomax, on August 27, Bank of Korea Governor Shin Hyun-song called consecutive base rate increases an 'extraordinary measure', emphasizing the importance of preemptive response to control inflation expectations and minimize economic costs. Shin explained that early monetary policy action stabilizes currency and bond markets while supporting financial stability. He used historical BIS research on monetary tightening cycles to argue that proactive rate increases suppress inflat
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05:49

CZ Recommends Young Entrepreneurs Work 2-5 Years at Major Company Before Startup

According to ChainCatcher, Binance founder CZ shared startup advice at a closed-door session in Hong Kong, recommending young people work at reputable companies for 2-5 years before launching their own ventures. He cited his four-year tenure at Bloomberg as an example, noting that large corporations provide management systems and operational frameworks that fresh graduates would not acquire immediately. CZ emphasized the importance of developing a specialized skill, stating that excelling in a n
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05:45

Bitcoin Rebounds 26% Since August Low, Faces $81K-$86K Resistance

According to Glassnode, Bitcoin has rebounded 26% since its August low but faces resistance between $81,000 and $86,000 before reaching its January high. The rebound has been supported by $2.23 billion in ETF inflows, continuous outflows from exchanges, and widespread accumulation across wallet cohorts.
BTC-0.46%
05:43

Fed Official Lisa Cook's Legal Representative Denies Mortgage Fraud Allegations on August 26

Fed official Lisa Cook's legal representative on August 26 denied allegations of mortgage fraud in a letter to the White House Counsel. The representative claimed no legal basis exists to remove Cook from her position at the Federal Reserve. According to the letter, Cook's listing of an Atlanta apartment as a primary residence in a mortgage document was an unintentional oversight, not deliberate misconduct or crime. The lender was aware of her long-term residence and work in Michigan, and materi
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05:42

Chainalysis: $457B in Global Crypto Gains Identified, Only 14% Covered by OECD Tax Framework

According to blockchain analytics firm Chainalysis, potentially taxable on-chain crypto activity reached more than US$457 billion globally in 2025, with the United States accounting for roughly US$112.6 billion, the firm's analysis published on August 26 showed. However, transactions covered by the OECD's Crypto-Asset Reporting Framework account for just 14% of the identified activity. The remaining 86% spans decentralized exchange trades, peer-to-peer transfers, on-chain income and payments, fa
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05:41

Global ETF Issuance Hits 1,018 in Q2, Active Funds Account for 63.6%

According to Morningstar data released on August 27, global ETF issuance in the second quarter reached 1,018 new funds, with actively managed ETFs accounting for 647 funds or 63.6% of the total. The United States led with 494 new ETFs (48.5% market share), followed by Ireland with 124 and China with 120, marking a quarterly record for mainland China.
05:39

Kuwait and Qatar Boost Hormuz Strait Oil Exports to 70% of Pre-Conflict Levels

According to traders reported by financial media on August 27, Kuwait and Qatar are increasing crude oil exports via the Strait of Hormuz, with combined daily output recovering to 70% of pre-conflict levels, roughly 1.4 million barrels daily from a pre-conflict average of 2 million barrels. Total crude oil shipments through the strategic waterway have reached 700 million to 800 million barrels daily, approaching pre-conflict levels at approximately 75%, up from around 4 million barrels in mid-Ju
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05:38

Samsung, SK Hynix's 150 Trillion Won Shareholder Return Drives Korean Won Weaker, Airline Stocks Rally This Week

According to iNews24, Samsung Electronics and SK Hynix's combined shareholder return plans of approximately 150 trillion won are expected to weaken the Korean won against the US dollar, benefiting airline stocks. SK Hynix announced a 40 trillion won share buyback and cancellation plan on August 19, while Samsung disclosed a maximum 110 trillion won shareholder return plan on August 21, with 30 trillion won in cash dividends to be paid in the third quarter. Both companies are expected to sell US
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05:36

Binance Co-Founders CZ and He Yi Used Simpson Character Nicknames Homer and Marge

According to CoinDesk, on August 27, Binance co-founders CZ and He Yi used "Homer" and "Marge" from the animated series The Simpsons as aliases in company meetings and internal chats. He Yi continues to use the name "Marge" to date. The pair co-founded Binance in 2017 after meeting at OKCoin in 2014. Following the revelation, related meme tokens have quickly emerged in the market.
MEME0.89%
05:33

fal Debuts H3 Max Video Model: Ranks 1st in Text-to-Video with 1205 Elo, Generates 5-Second Video in Under 3 Seconds

According to Beating, fal has released H3 Max, a video generation model fine-tuned from the open-source MiniMax H3. The model enhances prompt understanding and visual quality while featuring optimized inference acceleration on fal's platform. In Artificial Analysis' benchmark rankings, H3 Max ranks 1st in text-to-video generation with a 1205 Elo score, surpassing ByteDance Seedance 2.0 and the original H3. Speed performance is significant: fal reports generating a 5-second 768p video in under 3
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05:31

Market Rate Hike Expectations May Uptick Ahead of September Fed Meeting; 65% Still Priced No Change

According to Reto Cueni, chief economist at Statholder Group, the market may slightly raise expectations for a Federal Reserve rate hike at its September meeting on August 27. However, Cueni noted that markets still likely expect the Fed to hold rates steady, a view shared by Statholder Group itself. LSEG data shows money markets currently price a 65% probability of an unchanged rate decision in September. Cueni stated: "We maintain our view that the Fed will not hike further in the second half
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