Gate Crypto Flash News and Market Updates

According to President Zelenskyy, Ukrainian forces struck two important military-energy targets in Russia early on August 21. The strikes came in response to a large-scale Russian air assault on Kyiv launched the previous night, which killed at least 16 people in the capital region, according to CCTV International News.

According to Binance, two employees detained in the United Arab Emirates in recent weeks over third-party fund flows through a company client money account have been released. The exchange said the staff members were not targets of the investigation and provided statements to authorities before being cleared and released. One employee was stopped at Sharjah airport and held overnight; another working in Dubai answered questions at a police station in July. Binance stated that cryptocurrency inst

According to a Brazilian government statement, President Lula and U.S. President Trump held a phone call on Friday.

According to PANews, citing Galaxy research chief Alex Thorn, the U.S. Securities and Exchange Commission (SEC) unveiled on August 18 a dedicated securities rule for crypto asset issuance and sales called Regulation Crypto Assets (Reg Crypto). The framework establishes a token lifecycle model where tokens may constitute investment contracts during early project development but can transition out of securities classification as projects mature through a defined process. Reg Crypto applies to cryp

According to CNBC's David Faber, Broadcom is in talks to raise $70 billion to $80 billion in debt on Thursday to support artificial intelligence companies including Anthropic. The senior tranche is expected to reach around $45 billion, with a junior tranche of approximately $35 billion, though figures remain fluid. Blackstone and Apollo Global Management are among firms participating in the financing.

According to Kyodo News on August 21, Japan's government departments and agencies submitted budget requests for fiscal year 2027 (April 2027–March 2028) totaling over 130 trillion yen, up significantly from 122 trillion yen in the current fiscal year. The Defense Ministry requested approximately 8.9 trillion yen, marking a record high, to fund deployment of interceptor drones and other military capabilities. Social security spending is projected to increase by around 390 billion yen due to an ag

According to CoinMarketCap, today (August 21), top 100 cryptocurrencies by market cap led by Ethena (ENA) surging 44.64% to $0.1469. Bitcoin Cash (BCH) followed with a 29.06% gain to $285.43, while Pieverse (PIEVERSE) rose 19.43% to $1.17. Other notable gainers include Curve DAO Token (CRV) up 18.72% to $0.3166, and LayerZero (ZRO) climbing 18.33% to $1.04.

According to PANews, on August 21, Trezor announced the integration of HyperEVM network support on its hardware wallet devices. Users can now manage HYPE and other HyperEVM assets while keeping private keys offline, with each transaction verified directly on the device.

This week through Friday, France's 10-year sovereign bond yield rose 8.6 basis points to 4.132%, while Italy's hit 4.084% with a weekly gain of 10 basis points. Spain's 10-year yield climbed 6.7 basis points to 3.711%, and Greece's advanced 8.3 basis points to 3.961%.

According to recent reports, U.S. Treasury Secretary Scott Bessent's signature "3-3-3 Plan" is increasingly detaching from economic reality. The plan targeted a 3% GDP growth rate, a fiscal deficit at 3% of GDP, and 300,000 additional barrels of daily oil production, with the 10-year Treasury yield held at 3%. Actual figures paint a different picture: GDP growth stands at 1.5%, the fiscal deficit has risen to 5.8% of GDP, oil production increased by only 35,000 barrels daily, and the 10-year yie

According to The Block, STS Digital CEO Maxime Seiler recently indicated a divergence between crypto asset prices and institutional adoption levels. Seiler stated: "From a price perspective, we remain in a crypto winter, but from an institutional perspective, we have entered summer." He noted that institutions are increasingly adopting underlying blockchain technology, but capital flows do not necessarily translate into token appreciation, meaning technological adoption has not yet fully reflect

On Friday (August 21), UK 10-year gilt yields closed European session at 5.058%, down 0.9bp intraday but up 2.1bp for the week, having peaked at 5.101% on August 18. Two-year gilt yields fell 2.0bp to 4.357%, with weekly gains of 0.3bp showing an M-shaped trend. Longer-dated gilts also gained ground, with 30-year yields up 2.0bp and 50-year yields rising 2.0bp for the week. The 2/10-year yield spread widened 2.07bp to +70.188bp.

According to BlockBeats, whale account "先定10个大目标" revealed on August 21 that it failed to buy back long positions it had closed earlier, having placed limit orders at 70,500-71,500 but saw no fills. The trader simultaneously had a short position set at 76,000, expecting either a dip to re-enter longs or a rally followed by pullback. The short executed at 76,000, but prices continued climbing to above 79,000, leaving the rebuy orders unfilled. The whale attributed the misstep to underestimating t

According to The Defiant, Illuvium co-founder Kieran Warwick announced recently that the team agreed to further salary cuts following significant cost reductions over the past six months. With the adjustment, the project's cash reserves can support operations for over 12 months, though Warwick did not disclose the salary reduction percentage, remaining headcount, or total reserves. The team is focused on developing the MMO game Overworld, with product launches planned for 2026 including Celebrat

According to Jin10, on August 21, the foreign ministers of the United Kingdom, Australia, and Canada issued a joint statement condemning Israel's decision not to conduct a criminal investigation into the military's killing of seven World Central Kitchen workers. The three countries stated they have repeatedly urged Israel to conduct a thorough investigation and hold those responsible accountable, calling the Israeli military's decision to forgo a criminal investigation "shameful."

According to Whale Alert, Tether Treasury burned 2 billion USDT on Ethereum on August 21, valued at approximately $2 billion.

According to Ukrainian media, on August 21, Ukraine's Energy Minister Herman Shmyhal stated that the country's natural gas and coal reserves for winter have nearly met or exceeded planned targets. Shmyhal told parliament that underground gas storage currently holds 14.3 billion cubic meters of natural gas, approaching the 14.6 billion cubic meters winter target; coal reserves have exceeded targets. He added that by year-end, Ukraine's total generating capacity is expected to reach 19.6 gigawatts

According to Jin10, Iran's Foreign Minister Araqchi stated on August 21 that U.S. economic sanctions and pressure policies have consistently failed, and Washington's latest announced economic measures against Iran are similarly "destined to fail." Araqchi referenced previous U.S. actions, including what Washington called the "harshest sanctions" 14 years ago and "maximum pressure" 8 years ago, all of which he said ultimately failed. In response to President Trump's recent announcement of "the mo

According to The Block, on Friday (Aug 21), Strategy (MSTR) climbed 7.5% to above $120 in early trading, reaching its highest level in two months as bitcoin briefly pushed to $79,400. The company's Variable Rate Series A Perpetual "Stretch" Preferred Stock (STRC) also surged above $96 for the first time since June, continuing its recovery toward its $100 target price. The rebound follows Strategy's sale of $333.7 million MSTR shares between Aug 10 and Aug 16, with $52.4 million directed toward S

According to Yonhap Infomax, the U.S. 10-year Treasury yield rose 0.70 basis points to 4.705% on Aug. 21. The 2-year yield climbed 0.60 basis points to 4.191%, while the 30-year yield increased 1.60 basis points to 5.253%. Bond prices have stabilized after two days of volatility following the U.S. Treasury Department's announcement on Aug. 19 to at least double buyback sizes for debt maturing in the 10-30 year range.