Gate Crypto Flash News and Market Updates

According to Bloomberg's latest monthly survey of economists, the forecast for third-quarter U.S. GDP growth was raised to 2.5% annualized rate, up from the previous estimate of 2%. The upward revision reflects increased expectations for consumer spending and private investment, including capital expenditures in artificial intelligence. Economists expect the Federal Reserve to maintain interest rates unchanged through July 2027 as core inflation moderates. The forecast for personal consumption e

On August 21, UK 2-year gilt yields declined 5 basis points to 4.33%, extending losses in the British bond market.

According to Guru Club, NYMEX gold futures broke through $4,660 per ounce on August 21, rising 1.94% intraday.

According to TD Securities strategists, Federal Reserve Chair Kevin Wash will speak at the Jackson Hole Economic Symposium next week, potentially providing forward guidance that could offer investors some relief. However, disappointment risks remain high if Wash continues to avoid forward-looking direction. Strategists expect Wash to seek improved communication while markets focus on clues about the Fed's reaction function and reinforced commitment to controlling inflation. The tone is anticipat

According to Jin10, China's Vice Finance Minister Liao Min met with Macau Monetary Authority (AMCM) Chief Wong Sin Meng on August 20 to discuss Macau's economic situation, financial cooperation between mainland China and Macau, and development of the Macau bond market. Representatives from the Macau Bankers Association attended the meeting.

According to Solana Foundation, Solana officially shortened its slot time to approximately 350 milliseconds on August 21, with plans to further reduce it to 300 milliseconds. This represents the first formal reduction in slot duration since Solana's mainnet launch.

According to Citi, on August 21, the investment bank recommended that investors continue to overweight U.S. equities and increase positions if the market dips ahead of the midterm elections. Citi cited improving earnings expectations, better liquidity conditions, and limited warning signals as supporting factors for its positive outlook on U.S. stocks. The bank also noted that sector rotation may limit downside risk.

According to Korea Exchange data, Monami shares closed at 1,353 Korean won on August 21, down 63.7% from their August 16 peak of 3,730 won. Hansung Enterprise faced a similar crash, declining 64.5% from its August 15 high of 14,520 won to 5,150 won on the same day. Both stocks had surged following the Korea Exchange's July 1 decision to raise listing maintenance standards to 30 billion won for KOSPI and 20 billion won for KOSDAQ, triggering an online movement to support domestic companies by buy

India's foreign direct investment (FDI) reached 49 billion rupees as of August 20, according to Indian government statements.

According to glassnode, on August 21, Bitcoin erased its three-month underperformance versus the S&P 500 in just three days. The data shows BTC historically exhibits significant volatility relative to the index, with notably higher excess returns during periods when it outperforms.

According to SoSoValue, Ethereum surged to $2,430 on Friday, marking its first break above that level in roughly four months as US spot ETH ETFs recorded $220.77 million in net inflows. This represented the strongest single trading day for the funds since Oct. 28, 2025. The four-day inflow streak brought combined institutional inflows to $512.25 million, while on-chain data from Lookonchain showed mixed whale activity, with some major holders withdrawing significant ETH amounts from exchanges an

According to the Reserve Bank of India, the country's gold reserves reached $111.42 billion as of August 14, up from $108.74 billion a week earlier, representing an increase of $2.68 billion.

India's foreign exchange reserves rose to $716.91 billion in the week of August 14, according to official data, gaining $9.905 billion week-over-week.

According to the Iranian Students News Agency, on August 21, Iran's President Masoud Pezeshkian stated that Iran should end the war immediately, citing its current strong position and international recognition of its victory.

According to Jin10, spot silver hit $70 per ounce on August 21, marking the first time since June 17, with a daily gain of 2.82%.

According to CCTV News, China's central bank and market regulator clarified RMB trading rules on August 21. Current circulating RMB is prohibited from trading, and hoarding or speculation on identical-number or sequential-number notes is strictly banned. However, RMB withdrawn from circulation can be legally traded as historical artifacts or collectibles. Regular commemorative coins and precious metal commemorative coins are permitted to trade, though regular commemorative coins cannot be traded

According to BlockBeats, citing data from TradingBeats platform monitoring, crypto trader Maji reactivated multi-position trading today, opening a new 10x PUMP long position valued at $10.53 million, with weekly unrealized gains reaching $8.4 million.

According to The Information, Nvidia agreed to pay $6 billion to AI startup Poolside as part of a licensing and talent acquisition agreement.

Samsung Electronics approved a maximum shareholder return of 90-110 trillion won on August 21, according to a board resolution, making it the largest such payout in South Korean listed company history. The plan includes 30 trillion won in cash dividends for the third quarter. The amount is approximately five times larger than the previous record of 20.3 trillion won set in 2020.

According to Ember Monitor, the '7 Siblings' address sold 9,000 ETH in the past 6 hours as Ethereum surged over 20% overnight, netting 21.04 million USDT at an average price of $2,338. The whale had previously bought during 10%+ ETH downturns in February and June, with a June entry at $1,789.