Gate Crypto Flash News and Market Updates

According to Goldman Sachs strategist Rich Privorotsky on Aug 28, oil price movements may have a greater impact on markets than Federal Reserve Chair Powell's Jackson Hole speech. The bank believes the market may be overweighting Powell's remarks while underestimating oil's influence on inflation and financial markets. Privorotsky stated that unless Powell's comments significantly deviate from his previous policy stance, the Jackson Hole meeting may not pose a major event risk.

According to MoneyDJ, USA Rare Earth completed a $1.55 billion capital raise on August 24, with $750 million from the U.S. government funding a special purpose vehicle for the Serra Verde Phase 1 project. The arrangement includes price floors for rare earth magnets, with terms extending to heavy rare earth elements dysprosium and terbium. In the same period, MP Materials received $400 million in convertible preferred stock investment from the U.S. Department of Defense and a 10-year supply agree

According to Financial News citing Korea Financial Investment Association data, as of August 28, margin trading debt in South Korea's stock market surged by 4.17 trillion won over the past month, reaching 33.1 trillion won. Of this increase, 39.9% concentrated in just two stocks: Samsung Electronics and SK Hynix, whose combined margin holdings rose by 1.36 trillion won. Meanwhile, investor deposit funds declined by 5.22 trillion won during the same period, falling to 98.9 trillion won. Securitie

According to reports, Mujtaba Khamenei, appointed Iran's supreme leader six months ago, has remained out of public view and made no public statements as of August 28, leaving a power vacuum at the country's leadership core. High-ranking officials attributed his absence to concerns over potential assassination attempts. Meanwhile, the Islamic Revolutionary Guards Corps has strengthened its position since the conflict began, maintaining a central role in strategic decisions around the Supreme Nati

Cathie Wood's ARK Invest on Wednesday (August 26) sold 37,977 shares of AMD worth approximately $18.1 million and simultaneously purchased 57,705 shares of Broadcom for about $20.51 million, repositioning its AI chip holdings ahead of Broadcom's fiscal Q3 earnings on September 3. According to daily trading data, the moves reflect a continued shift from AMD, which has doubled in value this year, toward other AI semiconductor players. RBC Capital analysts expect Broadcom to report revenue of $29.2

According to the Bank of Korea, resident foreign currency deposits reached a record-high $128.34 billion as of end-July, up $15.01 billion from the previous month. Dollar deposits surpassed $100 billion for the first time, reaching $108.92 billion, driven by large corporations' receipt of operating income and securities firms' foreign bond issuance inflows amid declining exchange rates. The central bank attributed increases in euro deposits to $8.06 billion and yen deposits to $8.61 billion to c

According to Korea Investment Corporation (KIC), the state-backed fund held a forum in New York on Aug 27 with domestic financial professionals and local investment experts to discuss global economic outlook and investment strategy. Participants highlighted AI-related investments as a key driver of robust U.S. economic growth, while flagging elevated inflation and fiscal deficits as headwinds.

Three major cybersecurity stocks soared to 52-week highs on Thursday after posting strong quarterly results and receiving price target hikes from Wall Street analysts. CrowdStrike Holdings Inc. (CRWD) jumped over 20% to $229.08, Okta Inc. (OKTA) surged nearly 29% to $174.85, and Zeta Global Holdings Corp. (ZETA) climbed 7% to $30.39. CRWD posted Q2 revenue of $1.47 billion, up 26% from the year prior, with annual recurring revenue rising 25% to $5.84 billion and record net new ARR of $333 millio

According to E Daily, South Korea's KOSPI index fell to 6,841.61 on August 28 at 1:21 p.m., down 70.76 points or 1.02% from the previous close. The index touched the 6,800 level amid losses in semiconductor heavyweights Samsung Electronics and SK Hynix, which fell over 2% each despite strong earnings from Nvidia overnight. Uncertainty over U.S. semiconductor tariffs and cautious sentiment ahead of Federal Reserve Chair Kevin Walsh's Jackson Hole speech on August 28 at 11 p.m. weighed on market s

According to the Financial Investment Association of Korea, the Bank of Korea raised the base rate by 0.25 percentage points to 3.0% on August 27, marking the second consecutive monthly increase. Margin financing and secured borrowing rates have climbed to 9.95% and 9.5% respectively, adding pressure on retail investors who borrowed to purchase stocks. Outstanding margin financing and secured borrowing balances totaled 58.86 trillion won as of August 26. If the rate increase applies uniformly, a

According to Odaily, ethereum whale Garrett stated on Aug 28 that it is time to begin accumulating ETH in preparation for the upcoming consolidation phase and subsequent staking opportunities.

According to Reuters, Japan Steel Corporation has signed a contract with Japan's Ministry of Defense to sell its Kure facility in the Setouchi region. The transaction covers the plant site and marks a recent transaction between the steel producer and the government agency.

According to BlockBeats, on August 28, Liquid Capital founder Yi Li Hua stated that Bitcoin has not yet broken through the resistance level near $81,000. He anticipates a minor pullback over the coming days before the price continues to rise and breaks through this region. The next key resistance level to watch is around $86,000. Yi plans to close his long positions when Bitcoin approaches $86,000, as this level may face a significant correction. However, he maintains a bullish stance on the ove

Qatar has extended its force majeure suspension on liquefied natural gas supplies to Pakistan through October, according to trade reports. The extension suspends contractual obligations between the two nations regarding LNG deliveries.

According to analysts and Stocktwits, Salesforce stock (CRM) gained 22.6% on Thursday, marking its best single-day move in six years, following the company's strong Q2 earnings report released Wednesday and expanded partnership with Anthropic. Analysts at Canaccord described the quarter as "narrative-changing," noting organic growth reacceleration, while Guggenheim said the results went far toward "dispelling the SaaSpocalypse" — alleging fears that AI would disrupt enterprise software. The Sale

According to Moody's, the rating agency confirmed Taiwan Semiconductor Manufacturing Company (TSMC) at Aa3 and upgraded its outlook to positive from stable.

According to Bloomberg, Indian data center operator Yotta Data Services is planning an initial public offering to raise up to $900 million as of August 28, according to chairman Darshan Hiranandani. The company targets a valuation of as much as $6 billion. Yotta operates India's largest cluster of Nvidia chips and plans to expand capacity to 400 megawatts over the next 12 to 18 months, supported by a previously disclosed $2 billion investment in a Noida-based AI hub featuring 20,000 Nvidia Black

According to Korea Exchange, KOSPI rose 3.73% in August through August 27, while semiconductor leaders Samsung Electronics and SK Hynix both declined 0.95% and 0.70% respectively during the same period. Non-semiconductor sectors showed double-digit gains, with the construction index leading at 30.32%, followed by machinery and equipment at 17.56%, metals at 16.45%, and chemicals at 13.40%. Mid- and small-cap stocks outperformed large-cap stocks, with the KOSPI 200 mid-cap index rising 15.33% com

According to PANews, OKX Director Lennix outlined on August 28 how financial markets are accelerating toward asset tokenization and continuous trading. Speaking at the Bitcoin Asia 2026 roundtable on the rise of super financial applications, Lennix emphasized that users increasingly expect to trade and manage different asset classes—crypto, stocks, forex, and commodities—within a single account, margin pool, and risk management system. He noted that true integration requires unified infrastructu

According to research by the Federal Reserve Bank of Dallas, tokenized deposits and 24/7 instant blockchain transfers could weaken bank liquidity and limit long-term lending capacity. The study, by researchers Rosie Levy and Srini Ramaswamy, found that 80% of the $7 trillion maturity risk carried by U.S. banks is supported by traditional deposits' maturity characteristics. A 10% reduction in average deposit maturity could reduce the banking system's maturity transformation capacity by approximat