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
16:08

DGrid AI Token DGAI Jumps 93% to $0.73 on First Trading Day

According to CoinGecko, DGrid AI's DGAI token jumped to $0.73 on Tuesday, up 93% in its first 24 hours of trading following the launch of the decentralized AI inference network. The token reached a market capitalization of approximately $110 million with trading volume exceeding $165 million. DGrid also sold over 140 DClaw Boxes—physical devices designed to run the protocol's personal AI agent—within hours at 1,580 USDT each, generating more than 221,000 USDT in sales.
16:07

TRON Surpasses 400 Million Accounts as Transfer Volume Approaches $30 Trillion

According to TRON DAO, the TRON blockchain surpassed 400 million total accounts on August 23, 2026, marking a major milestone for the network. The achievement reflects sustained activity across the ecosystem, which has processed more than 15.2 billion transactions with total transfer volume approaching $30 trillion. TRON founder Justin Sun stated that the milestone demonstrates the growing demand for accessible blockchain infrastructure across payments, stablecoins, and decentralized application
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TRX-0.40%
16:05

JPMorgan Warns on AI Divergence, Suggests Cutting Stocks Before September Seasonal Weakness

According to JPMorgan, on August 25, the firm warned that while the S&P 500 remains in an uptrend near record highs, internal divergence and technical headwinds signal risks ahead. The bank suggested investors consider moderately reducing equity exposure before early September, citing seasonal weakness from August to October and diverging performance between AI hardware companies and large cloud providers. Historical data shows the August-to-October period typically underperforms, with the S&P 5
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16:03

Coinbase Submits Comments on Perpetual Derivatives Definitions to CFTC and SEC

According to ChainCatcher, Coinbase has submitted joint comments on perpetual derivatives product definitions and alternative compliance pathways to the CFTC and SEC. Coinbase policy chief Faryar Shirzad emphasized the need to address definitional complexity and overlapping regulatory jurisdictions to bring such activities under U.S. regulatory oversight. Shirzad noted that clarifying rules would enable safe access for American consumers while maintaining competitiveness against overseas jurisdi
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16:01

Social Security 2027 COLA Final Increase To Be Revealed on October 14, Forecast 3.6%

According to Coinpaper forecasts and BLS calendar data, the final 2027 Social Security cost-of-living adjustment (COLA) will be determined on October 14, 2026, when September consumer price data are scheduled for release. Current projections point to a COLA of roughly 3.4% to 3.6%, above the 2.8% increase applied for 2026, with higher payments taking effect in January 2027. The adjustment is calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), averaging
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16:01

SpaceX Accelerates AI Satellite Launch to Q4 2027, Stock Hits $138.92 on 2.9% Gain Today

According to BlockBeats, SpaceX CEO Elon Musk announced today (August 25) the company has accelerated the launch of its first AI-equipped satellites to Q4 2027 from previously planned 2028. The company is collaborating with Nvidia to deploy the Vera Rubin NVL72 system, optimized for space environments, with large-scale deployment planned for 2028. Following the announcement, SpaceX stock rallied, gaining 2.9% to $138.92 intraday.
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16:01

S&P 500 Forecast Shows Negative 3.2% Annual Return Over Next 10 Years—7 of 9 Valuation Metrics Warn

According to MarketWatch columnist Mark Hulbert, seven of nine historical valuation indicators currently signal that the S&P 500 will deliver negative real returns over the next decade. The nine metrics analyzed—including the Shiller price-to-earnings ratio (CAPE), price-to-sales ratio, Tobin's Q, and the Buffett indicator—have demonstrated strong statistical predictive power for the index's 10-year real total returns. On average, these nine indicators forecast a negative 3.2% annualized real re
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15:52

SK Hynix, Samsung Leveraged ETFs See $982M August Outflows After July Rout

SK Hynix and Samsung leveraged ETFs recorded a combined $982 million in net outflows in August, marking their first monthly withdrawals since their May launch. SK Hynix-linked products saw $601 million leave, while Samsung funds lost $381 million, signaling a sharp reversal in one of South Korea's most aggressive retail trades. The outflows follow a severe July selloff that exposed the risks of daily leverage. The KOSPI fell 22% that month, while SK Hynix dropped 35.5% and Samsung fell 21.5%, am
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15:49

KOSPI Eyes 7,000 Mark as Nvidia Earnings, Powell Speech Hinge This Week

According to Chosun Ilbo, South Korea's KOSPI index rose 0.68% to 6,742.74 on August 25, though it faced earlier volatility with a 4% intraday decline. Market participants see the index's direction hinging on three major events this week: Nvidia's earnings report on August 26, Federal Reserve Chair Kevin Powell's Jackson Hole speech on August 28, and South Korea's central bank rate decision on August 27. Nvidia faces investor scrutiny over profit margins as new platform costs and memory price pr
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15:49

Leauto Targets 1 Million Vehicle Deliveries in 2026, 7 Monthly Volumes Exceed 100,000 Units

According to co-president Wu Qiang in a Bloomberg TV interview on Tuesday, Leauto expects to deliver 1 million vehicles in 2026. The Chinese automaker delivered 356,487 units in the first half and forecasts monthly deliveries exceeding 100,000 units from now through December. Wu said July marked the first month the company surpassed 100,000 monthly deliveries. Export volumes are projected to reach 200,000 units this year, up from approximately 67,000 units in 2025.
15:45

Bitcoin Retreats Below $80K After Surge to $81,265; Gold Falls 2% on Aug 25

According to BlockBeats, on August 25, Bitcoin surged to $81,265 on Tuesday then retreated, dipping to $78,111 and breaking below the $80,000 level. Spot gold fell nearly 2% to $4,605 per ounce, retreating from a five-month high of $4,697 earlier in the session. The broader market showed divergence, with the S&P 500 rising 0.2% and Nasdaq gaining 0.5%, while the 30-year U.S. Treasury yield fell below 5.2%. Market participants are closely watching July PCE inflation data and the Jackson Hole Econ
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BTC0.52%
15:43

Stablecoin Card Spending Hits $10.9B Cumulative Volume as July Reaches $1.04B Monthly

According to RedotPay blog post citing Paymentscan data, stablecoin card spending topped $10.9 billion in cumulative volume in August 2026, with July generating $1.04 billion in transactions—the first time the category cleared a billion-dollar month. RedotPay co-founder Jonathan Chan projected annual spending could reach $50 billion by 2028 based on acceleration from $339 million in July 2025. RedotPay's annualized payment volume stands at $14 billion with $180 million annualized revenue and 8 m
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15:42

Venmo Enables PYUSD Stablecoin Support for 67M Users

According to Coinfomania, Venmo rolled out support for PYUSD stablecoin in mid-August 2026, allowing more than 67 million users to buy, sell, and send the PayPal-backed stablecoin directly within the app. The move marks one of the largest expansions of stablecoin access in a mainstream U.S. payments app. No official trading volume data for Venmo's PYUSD transactions has been disclosed. Data from Crypto Briefing shows Paxos-issued stablecoins USDG and PYUSD combined added $313.6 million in market
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15:41

XRP Exchange Outflows Hit 6-Month High as XRPL Active Addresses Jump 659%

According to market analyst Xaif Crypto, XRP exchange outflows reached their highest level since February over the past two weeks, with significant amounts pulled from Binance, Coinbase, Upbit and other major exchanges. Sustained outflows typically indicate holders are moving assets to personal wallets, reducing immediate selling pressure. Data from on-chain analytics platform Santiment shows XRP Ledger active addresses skyrocketed 659% in three days, rising from roughly 47,180 to 358,330. The s
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XRP-1.47%