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
13:05

Powell Expected to Signal Dovish Shift at Jackson Hole This Friday

According to BlockBeats, Fed Chair Kevin Powell is expected to signal a dovish stance on Friday, August 25, at the Jackson Hole Economic Symposium as long-term U.S. Treasury yields remain elevated. The market anticipates Powell may ease concerns over inflation and fiscal risks amid divergence between the Federal Reserve and Treasury Department on debt management. The Treasury recently shifted financing pressure to shorter-term debt while accelerating long-term buybacks, betting on future rate cu
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13:05

LayerZero to Launch ATLAS Blockchain Exchange for Financial Institutions This Fall

According to The Information, LayerZero will launch ATLAS, a blockchain exchange for financial institutions, this fall. The platform will not offer consumer-facing applications but will serve as an underlying trading infrastructure for other trading platforms and financial institutions. ATLAS will initially support spot crypto token and perpetual futures trading, with plans to expand to prediction markets, futures, and options in the future.
ZRO-8.77%
13:04

Alibaba Founder Ma and Management Increase Holdings by Over 800M HKD on August 25

According to reports from Keji Chuangban Daily, on August 25, Alibaba founder Jack Ma and management team members have collectively increased their holdings of Alibaba shares by over 800 million Hong Kong dollars in recent days. Ma's purchases exceeded 600 million HKD, while Vice Chairman Cai Chongxin accumulated 160 million HKD in holdings over two days, and Chief Executive Wu Yongming purchased approximately 40 million HKD worth of shares at an average price of approximately 111.6 HKD per shar
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13:02

Stock Futures Volume on MEXC Surges 3,308% in Q2 2026; 87.2% of Asian Users Plan More TradFi Trading

According to MEXC Ventures and Blockworks Research, average daily stock futures trading volume among MEXC users in Asia surged 3,308% quarter over quarter in Q2 2026. A joint report released today found that 87.2% of Asian respondents intend to expand their traditional finance trading activities through centralized exchanges, with 62.6% identifying precious metals as their primary cross-asset focus on these platforms.
13:02

MEXC Stock Futures Volume Surges 3,308% in Q2 2026, 87.2% of Asian Users Plan to Increase TradFi Trading

According to MEXC Ventures and Blockworks Research report released today (August 25), average daily Stock Futures trading volume among MEXC users in Asia surged 3,308% quarter over quarter in Q2 2026. The joint report, titled "The Cross Asset Shift," examines how crypto users in Asia are trading gold, stocks, and traditional financial assets through crypto exchanges. Meanwhile, 87.2% of surveyed Asian respondents indicated they plan to increase their traditional finance (TradFi) trading through
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13:01

Indian IT Firms Cut H-1B Visa Reliance Over Past Five Years, Says Nasscom

According to Nasscom statement on Tuesday, Indian IT enterprises have significantly reduced H-1B visa worker employment in the U.S. over the past five years as they expand domestic U.S. hiring operations. Nasscom, which represents India's $315 billion information technology sector, said the shift means the industry faces reduced vulnerability to the Trump administration's latest high-skill visa policy tightening.
13:01

China Futures Night Session Sees Sharp Selloff, Fuel Oil Down Over 5%

China's domestic futures contracts fell sharply in the night session on August 25, with fuel oil and low-sulfur fuel oil (LU) dropping over 5% each. Ethylene glycol (EG), crude oil (SC), and synthetic rubber declined over 3%, while asphalt, methanol, and styrene (EB) fell over 2%. Shanghai zinc and Shanghai lead posted modest gains.
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12:55

Samsung Announces $110 Trillion Shareholder Return Amid Wave of Buyback Expansion

According to Korea Exchange data and securities analysts, South Korean listed companies announced major shareholder returns in recent weeks. Samsung Electronics unveiled a 110 trillion Korean won shareholder return program, while SK Hynix committed to 40 trillion won in stock buybacks and cancellations. Self-share buybacks among Kospi and Kosdaq companies surged to 20.1 trillion won in 2025 from 18.8 trillion won in 2024. Market focus has shifted to other potential participants. KB Financial Gro
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12:53

US Treasury Targets Iran's Crypto Sector Under Operation Economic Outcast on Monday

On Monday, the US Treasury designated Iran's cryptocurrency sector as a sanctionable activity under Executive Order 13902, marking the first time the nation's digital-asset economy became a named target of OFAC sanctions machinery. Alongside gold, technology, aviation, and shipping, crypto is now one of five Iranian economic sectors that foreign persons can be sanctioned for operating in, regardless of location. The Office of Foreign Assets Control (OFAC) named a UAE-based broker it says moved m
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12:52

Hedge Funds, Mutual Funds Surge Into Financial Stocks in Q2, Lifting Positions 300+ bp to Record Highs

According to Goldman Sachs research, hedge funds and mutual funds significantly increased their exposure to financial stocks in the second quarter, with combined buying pressure reaching record levels. Hedge funds lifted their net position in financials by over 300 basis points, achieving the highest level since before the 2008 financial crisis, while mutual funds expanded their overweight position to the highest since 2012. The surge was driven by strong second-quarter earnings from financial f
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12:51

Hong Kong's Hang Seng Index Falls 0.02% on Aug 25, Marking Second Consecutive Decline

According to MoneyDJ, Hong Kong's Hang Seng Index fell 0.02% today (Aug 25) to close at 25,511.10 points, marking a second consecutive decline on the daily chart. The Hang Seng Tech Index dropped 0.12% to 4,588.54 points. The market opened higher but turned lower as the session progressed, with individual sector gains insufficient to lift overall sentiment. Automaker stocks, including Xpeng, NIO, and Li Auto, declined following earnings reports, while pharmaceutical stocks such as WuXi AppTec an
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12:47

Spain Approves Immigration and Asylum Law Reform on August 25

On August 25, the Spanish government held a cabinet meeting to address the Ceuta migration issue, discussing economic and health measures as well as support for local residents. The government approved a draft bill aimed at reforming immigration and asylum legislation.