Gate Crypto Flash News and Market Updates

According to BeInCrypto, Michael Burry has increased his short position in Nvidia and purchased call options expiring in December with strike prices around $200 as a hedge ahead of the chip maker's earnings report. Burry stated the options are not a bullish bet but are funded by existing short and put positions. He believes Nvidia's low price-to-earnings ratio may mask valuation risks from its near-term AI monopoly, with his calculated fair value significantly below current market levels. Burry

According to ChainCatcher, silver (XAG) reached an intraday high of $69.76 and is currently trading at $69.30. Gate's XAG futures contract open interest stands at $72.83 million, securing the second position among major platforms, according to CoinGlass data.

According to the Financial Times, Israel's government has recently discussed expelling UK officials from the international Gaza humanitarian aid center. The move would represent a significant diplomatic shift in post-conflict governance arrangements.

According to ChainCatcher, CZ stated at a Hong Kong offline meetup that RWA (real-world assets) development, particularly securities tokenization, has exceeded his prior expectations. He highlighted that tokenized securities eliminate barriers such as account thresholds and trading hours, offering direct access to global investors and significantly improving liquidity and accessibility. This is especially attractive for countries and enterprises with smaller capital markets. CZ noted that stable

According to South Korea's National Assembly Budget Office, the country's new digital asset tax—launching January 1, 2027, at 20% with a 2.5 million won deduction—faces challenges covering emerging DeFi transactions. Newer trading models such as restaking and vaults lack clear tax treatment under the current enumeration-based system, which requires specific legislative action for each new transaction type.

According to Thailand's Ministry of Industry, the country's manufacturing output grew 0.46% year-over-year in July, surpassing market expectations of a 1.0% decline.

According to Morgan Stanley's August 25 report, Semtech's second-quarter data center revenue reached $100 million, up 39% quarter-over-quarter and 91% year-over-year, driven by strong 800G FiberEdge and faster-than-expected 1.6T FiberEdge certification. Morgan Stanley raised its price target from $175 to $195, maintaining a neutral rating based on 34.5x Non-GAAP earnings per share of $5.66.

According to BlockBeats, HashKey Capital announced on August 27 that it will launch digital asset derivatives and structured solutions business targeting professional investors. The offering includes multiple structured products such as dual-currency wealth management solutions. The service aims to provide customized asset management strategies combining differentiated risk-return structures, tailored to professional and institutional investors' asset allocation, investment objectives, and risk

According to an announcement from Zhipu, the company's flagship GLM-5.3 model will be open-sourced at 10 a.m. Beijing time on August 28. The model achieved 84.5% on the CyberGym vulnerability discovery benchmark, marginally above Mythos 5's 83.8%, and 54.4% on ExploitBench exploit generation, up from GLM-5.2's 24.4%. The delay in releasing model weights came after Zhipu conducted security assessment and hardening due to unexpectedly rapid improvements in the model's cybersecurity capabilities du

According to the Bank of Korea, the central bank's monetary policy committee raised its benchmark interest rate by 25 basis points to 3.0% on August 27, citing elevated growth and persistent inflation risks. The BOK simultaneously raised its 2026 economic growth forecast to 3.3% and 2027 projection to 2.9%, up sharply from prior May estimates of 2.6% and 2.1% respectively, driven by strong semiconductor exports and recovering domestic demand. Consumer price inflation expectations were maintained

According to BlockBeats, NVDA contracts on Hyperliquid reached price levels targeted by major long traders for exit following the company's earnings release on August 27, as monitored by TradingBeats. Whale positions across multiple tiers are approaching their take-profit zones.

Thailand's Commerce Ministry projected that the country's exports will grow by more than 11% in 2026.

According to Bernstein on August 27, the investment bank cut Strategy target price from $450 to $350 while maintaining an "outperform" rating. Bernstein forecasts Bitcoin will reach $150,000 by mid-2027 and peak at $300,000 in the 2029 cycle.

Thailand's Commerce Ministry expects the country to achieve double-digit export growth this year, according to the department's statement.

According to Bitget, Zhipu stock (Hong Kong-listed) expanded gains to 10% today (August 27).

South Korea's KOSPI index retreated from near the 7,000 level this morning following the Bank of Korea's base rate hike, narrowing earlier gains and trading around the 6,900 mark. The index had climbed more than 2% at the open, buoyed by strong Nvidia earnings, but losses in the broader market offset semiconductor stocks' strength.

According to Glassnode's latest report published Aug 27, Bitcoin's 26% rebound since mid-August faces a critical test at the $81,000-$86,000 supply zone. The rally was triggered by the largest single-day short liquidation since 2019 on Aug 19, alongside spot ETF net inflows of $2.23 billion for the week—the strongest weekly inflow of the year. The $81,000-$86,000 resistance zone converges cost basis layers, re-listed sell orders, and liquidation levels. Glassnode's analysis indicates stability a

According to Kpler data, the Strait of Hormuz saw 10 trackable commodity vessels pass through on Wednesday (August 27), up from 8 vessels on Tuesday but below the 10-day average of approximately 15 vessels, despite persistent U.S.-Iran geopolitical tensions. The increase included two medium-sized product tankers, one liquefied petroleum gas carrier, one Panamax tanker, and three handysize tankers entering from the Gulf of Oman, while one medium product tanker, one bitumen carrier, and one bulk c

Okta, Inc. reported second-quarter financial results on Wednesday that topped Wall Street expectations, with revenue reaching $805 million, up 11% year-over-year and beating consensus estimates of $793 million. The stock surged nearly 20% in after-hours trading. The company raised its fiscal year 2027 revenue guidance to $3.22 billion–$3.23 billion, up from prior guidance of $3.19 billion–$3.21 billion. For Q3, Okta projects revenue between $813 million and $817 million, reflecting 11.5% year-ov

According to Fiscal.ai, Salesforce (CRM) shares soared 13% in after-hours trading on Wednesday, August 27, after the company reported second-quarter adjusted earnings per share of $5.90—exceeding the $3.27 consensus estimate by 103% year-on-year. Revenue rose 11% year-on-year to $11.35 billion, ahead of the $11.32 billion estimate. The company raised its full-year revenue guidance to $46.1 billion–$46.4 billion from the prior range of $45.9 billion–$46.2 billion, and expanded its partnership wit