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
18:23

Fed Maintains Primary Credit Rate at 3.75%, 2 of 12 Regional Banks Vote for Rate Hike

According to Federal Reserve discount rate meeting minutes released on August 26, 10 of 12 regional Federal Reserve banks requested to maintain the primary credit rate at 3.75%, while the Cleveland Fed and Minneapolis Fed voted to raise it to 4%. The Fed's Board of Governors approved keeping the primary credit rate unchanged at 3.75% and continued using existing formulas for secondary and seasonal credit rates.
18:22

Bitcoin Approaches $83,000 Resistance, 365-Day Moving Average Identified as Key Level

According to Julio Moreno, Head of Research at CryptoQuant, Bitcoin was trading at $80,868 at the time of writing, approximately $2,100 away from the $83,000 resistance level. Moreno identified the 365-day moving average on Bitcoin's daily chart as a critical technical barrier, potentially acting as the "last boss" in the current uptrend. If Bitcoin surpasses this level, the cryptocurrency could advance to higher levels and maintain upward momentum.
BTC0.33%
18:21

RockawayX Seeks $150M to Launch Liquidity Opportunity Fund on August 26

According to BlockBeats, on August 26, RockawayX, a digital asset investment firm managing approximately $2 billion in assets, seeks to raise $150 million for a new liquidity opportunity fund. The firm previously acquired crypto hedge fund Relayer Capital. Austin Barack, founder of Relayer and former CoinFund partner, will continue to lead RockawayX and manage the new fund, which will focus on investing in undervalued tokens and crypto-related equities.
18:18

IMF Chief: AI Investment Spreading Globally, Becoming Growth Engine Amid Energy Crisis

According to IMF chief Kristalina Georgieva, quoted by Financial Times, artificial intelligence investments are spreading from the United States to other regions globally, potentially becoming a major driver of worldwide economic growth as countries increase data center and infrastructure spending. Georgieva noted that while the global economy faces energy shocks from Iran conflict and Strait of Hormuz disruptions, actual performance has exceeded earlier forecasts due to strategic oil and gas re
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18:09

UN Secretary-General Calls on Security Council to Protect Global Food Security on August 25

UN Secretary-General António Guterres called on the Security Council to take three measures to protect global food security during an open meeting on conflict and food insecurity on August 25. Guterres identified conflict and violence as major drivers of global food insecurity and hunger. He urged the Security Council to fully implement UN Resolution 2417, comprehensively protect food systems, and strengthen protection for humanitarian workers.
18:09

Iran and Oman Agree on Framework for Strait of Hormuz Shipping Corridor and Joint Mine-Clearance on August 25

According to a joint statement from Iran and Oman's foreign ministers on August 25, the two countries agreed on a framework to establish a joint temporary shipping corridor through the Strait of Hormuz and implement a joint mine-clearance project. The agreement, reached during talks between Iranian Foreign Minister Abbas Araghchi and Omani Foreign Minister Badr bin Hamad al-Busaidi, addresses the deteriorating maritime situation caused by recent conflicts in the region. The framework will remain
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18:01

OpenAI's Jalapeño Chip Delivers 1.9x Better Energy Efficiency Than Nvidia Blackwell, SemiAnalysis Says

According to SemiAnalysis, OpenAI's Jalapeño inference chip delivered up to 1.9 times higher output per watt and cut end-to-end latency by up to 3.6 times compared to Nvidia's Blackwell architecture, based on performance benchmarks using open-source models. SemiAnalysis noted that Jalapeño outperformed AMD and Google chips across multiple scenarios without optimization for specific use cases. OpenAI engineered the custom silicon in nine months by leveraging its own generative AI models to accele
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18:01

Fed's Collins Backs Holding Rates on Condition That Inflation Continues Easing Toward 2% Target

According to a statement published on Tuesday (August 26) by Boston Federal Reserve President Susan Collins, she supports the Fed maintaining its current federal funds rate target range of 3.5%–3.75%, conditional on continued evidence that inflation is declining toward the 2% goal. Collins warned that if inflation fails to show sustained improvement, the Fed may need to raise rates soon. Reuters survey data released Wednesday shows the July core Personal Consumption Expenditures price index is e
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18:00

ICE Arrests 49,571 Migrants in July, Highest Single Month Under Trump's Second Term

According to data released by U.S. Immigration and Customs Enforcement on August 25, the agency arrested 49,571 migrants in July, marking the highest monthly figure in Trump's second term. The figure represents a 15% increase from June's 43,021 arrests and a 70% increase compared to February's 29,241 arrests. The data was provided to UC Berkeley researchers and reflects intensified enforcement operations across major U.S. cities following Trump's return to the White House.
17:57

Iran's Foreign Minister Holds Phone Call With Qatari PM on Regional Situation

According to Iran's Foreign Ministry, Foreign Minister Araghchi held a phone call with Qatar's Prime Minister and Foreign Minister Al Thani on Tuesday afternoon. The two officials reviewed the latest regional situation and emphasized the need to utilize diplomatic channels and strengthen coordination to prevent escalation of regional tensions.
17:44

Canada Imposes Up to 50% Retaliatory Tariffs on U.S. Goods Affecting $20B Imports

According to Canada's Department of Finance, on August 25, Canada imposed retaliatory tariffs of up to 50% on U.S. goods, effective September 8. The measure affects approximately $20 billion in annual U.S. imports. Canada will apply tiered tariffs: 50% on steel, aluminum, furniture, and clothing; 25% on appliances, dairy, fish, and some steel/aluminum derivatives; and 15% on machinery, industrial tools, and farm equipment. Prime Minister Mark Carney previously pledged dollar-for-dollar retaliati
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