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
04:19

Andreessen Horowitz Launches $1.1B Machine Age Fund for AI Hardware, Infrastructure

According to TechCrunch, Andreessen Horowitz launched a $1.1 billion Machine Age fund yesterday aimed at AI hardware and infrastructure. The fund invests in AI chips, memory, data centers, robots, interconnects, edge devices, and supporting systems including cooling, materials, electrical capacity, and real estate. The firm stated the investments will address AI's need for faster, more efficient systems and higher-bandwidth memory to support growing computing demand.
04:13

Changxin Technology Launches LPDDR6 Memory in Mass Production Today With 12,800 Mbps Peak Speed, 16GB Max Capacity

According to BlockBeats, today (August 29), Changxin Technology officially announced the mass production of its latest-generation LPDDR6 low-power memory with peak data rates of 12,800 Mbps and maximum capacity of 16GB. The memory will first be integrated into Xiaomi 18 Fold, marking the first commercial deployment of LPDDR6 globally and breaking overseas manufacturers' long-term monopoly on advanced memory standards in China.
04:13

Dollar General Beats Estimates, Raises FY Guidance as High Gas Prices Drive Customer Traffic

According to their latest earnings reports released on Aug 27, Dollar General and Dollar Tree reported Q3 sales exceeding market expectations, with DG raising its full-year guidance and announcing it will resume share buybacks in the second half of 2026. DG stock gained 2.5% on the day, while DLTR fell 3.9%. Rising fuel prices are compelling consumers to reduce shopping trips and purchase closer to home, boosting foot traffic at discount retailers. DG CEO noted that price-sensitive consumers inc
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04:11

GOLD Token Team Executes Exit: 15 Wallets Dump 224.5M Tokens for $330K Profit

Gate News message, the GOLD token team has conducted a sell-off operation. According to Lookonchain, 15 newly created wallets linked to the team sold all 224.5M $GOLD tokens for 3,178 $SOL (approximately $330K), generating a profit of $312K with a 17x return. Earlier reports showed that realtrumpcoins, followed by @realDonaldTrump, launched the $GOLD token. The developer holds 600M $GOLD, while 15 newly created wallets spent $18,657 to purchase 224.5M $GOLD. The team controlled 82.45% of the tot
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SOL-2.76%
04:07

Apple Raises Apple TV Price to $14.99/Month and Apple One to $21.95

According to CNBC, Apple on Friday increased its Apple TV subscription price to $14.99 per month or $119 per year, up from $12.99 per month or $99 per year. The company also raised the price of Apple One, its subscription bundle that includes iCloud storage, Apple Music and other services, to $21.95 from $19.95. Apple TV has significantly expanded its content library since launching in 2019, including major releases such as "F1" and "Ted Lasso." The price adjustment follows Apple's July increase
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04:07

Ethereum Spot ETFs See $102 Million Net Inflows Yesterday, Extending 10-Day Rally

According to SoSoValue, Ethereum spot ETFs saw net inflows of $102 million yesterday (Aug 28), extending a 10-day streak of positive flows. BlackRock's ETHA led with $83.79 million in single-day inflows, bringing its total historical net inflows to $12.74 billion. The broader Ethereum spot ETF market now holds $15.23 billion in total assets under management, with cumulative net inflows reaching $12.98 billion since inception, representing 5.2% of Ethereum's total market capitalization.
ETH-2.21%
04:05

Bitcoin Spot ETFs See $202M Net Outflows Yesterday, Ending 9-Day Inflow Streak

According to SoSoValue, Bitcoin spot ETFs saw net outflows of $202 million yesterday (August 28), ending a nine-day consecutive inflow streak. Morgan Stanley's Bitcoin Mini Trust (MSBT) recorded the largest single-day inflow at $9.39 million. Bitcoin spot ETF total net assets reached $97.593 billion, with cumulative historical inflows totaling $54.631 billion.
BTC-2.88%
04:01

Lake Formed by Nepal Landslide-Triggered Dam Continues Shrinking, Surface Area Down to 99,000 Square Meters on Aug 29

According to the Ministry of Water Resources, the glacial lake formed near the confluence of Nepal's Dudhkoshi River and China's Purupu-Kangri River following a landslide disaster on Aug 26 continued to shrink on Aug 29. Satellite imagery captured at 7:38 AM on Aug 29 showed the lake's surface area measured 99,000 square meters, down 5,000 square meters from Aug 28 and 21,000 square meters from Aug 27, indicating the dam barrier is gradually releasing water through overflow.
03:57

China's Shanghai Composite Falls 0.11% on August 28, But Weekly Chart Turns Red; Hang Seng Index Rises 0.07%

According to MoneyDj, on August 28, China's Shanghai Composite Index closed at 3,952.18 points, down 0.11%, though the weekly chart reversed to positive territory. The Hang Seng Index rose 0.07% to 25,584.79 points. However, broader weakness emerged in growth-oriented sectors: the Shenzhen Component Index fell 0.68%, the ChiNext Index declined 1.41%, and the Sci-Tech 50 Index dropped 1.85%. Combined trading volume across Shanghai and Shenzhen markets reached 2.1 trillion yuan, down approximately
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03:57

Copper Giant Intercepts 771 Meters at Mocoa on Thursday, Confirming Grade Model

According to Kitco News, Copper Giant Resources Corp. reported Thursday that directional hole MD-070 returned 771 meters grading 0.54% copper equivalent at its Mocoa project in southern Colombia. The interval began 211 meters downhole and contained 0.33% copper and 0.039% molybdenum, including 313 meters at 0.71% CuEq and a higher-grade core of 102 meters at 0.87%. The result tracked the company's geological model over nearly the entire assayed length and came in slightly above Mocoa's average r
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03:57

Solana Meme Coin GOLD Crashes Over 95% in 1 Minute, Market Cap Plummets to $1.8M

According to BlockBeats and GMGN data, on August 29, Solana ecosystem meme coin Trump Digital Gold (GOLD) crashed over 95% in 1 minute, with market cap falling to $1.8 million. The coin was promoted by @realtrumpcoins1, an official partner of The Trump Organization. Community members questioned the coin's authenticity and suspected the account may have been compromised, citing the lack of public details and Eric Trump's prior statement that any token launches would constitute fraud.
SOL-2.76%
MEME-2.32%
03:55

User Loses $621,000 in 7 Minutes Buying $GOLD Token at Peak

According to Lookonchain data on August 29, a user incurred a loss of $621,000 within 7 minutes while pursuing $GOLD tokens at elevated prices. The token, promoted by an account associated with realtrumpcoins, has a team-held supply concentration of 82.45%.
03:50

Gold Prices Drop 1% to $4,552 as Fed Chair Warsh Signals Focus on Inflation

According to Kitco News, Federal Reserve Chair Kevin Warsh said Friday at the Jackson Hole Economic Symposium that inflation is a bigger concern than the labor market, sending spot gold prices down 1% to $4,552 an ounce. Warsh noted the Fed's preferred inflation measure, the 12-month PCE price index, stands at 3.7%, while the six-month change is 4.1%, underscoring the central bank's commitment to achieving its 2% price-stability target.
03:47

GOLD Token Team Controls 82.45% Supply, Developers Hold 600M Tokens

According to ChainCatcher, citing Lookonchain monitoring data, the GOLD token development team currently holds 600 million tokens and controls 82.45% of total supply. The token was launched by the realtrumpcoins account. Fifteen newly created wallets purchased 224.5 million GOLD tokens for $18,700.
03:44

US Treasury Secretary Bessent Clarifies Japan Holds $1.1-1.2 Trillion US Debt, Coordinates Currency Support

According to Scott Bessent, US Treasury Secretary, Japan holds between $1.1 and $1.2 trillion in US Treasuries and owes no debt to the US Treasury. Japan remains the largest foreign holder of American government bonds, making it one of Washington's most important creditors. Around late July-early August 2026, the US and Japan conducted their first coordinated currency intervention in over a decade, with the Treasury committing $5 to $10 billion to support the yen. Tokyo undertook additional larg
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03:44

Evercore ISI Raises Amazon Price Target to $335 on Rufus AI Traction, Projects $56B Revenue Impact by 2028

According to Evercore ISI analyst Mark Mahaney on May 1, the firm raised its price target for Amazon (AMZN) to $335, citing strong momentum from Rufus, the company's AI shopping assistant. Mahaney maintained an Outperform rating and projects that Rufus and related AI features could collectively add up to $56 billion to Amazon's retail gross merchandise value by 2028, representing a 4.4% increase. In 2025 alone, Rufus contributed roughly $10 billion in incremental GMV. More than 250 million custo
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