Gate Crypto Flash News and Market Updates

According to JPMorgan's July 24 report, the bank projects that global food inflation could reach roughly 5% on an annualized basis in the first half of 2027, nearly doubling from 2.8% in the same period in 2026. The forecast cites two primary pressures: Middle East geopolitical tensions that have disrupted fertilizer supply chains, and an 81% probability of a super El Niño weather pattern persisting into 2027. Together, these factors could add 1.3 to 1.5 percentage points to peak global food inf

According to Fortune, Grayscale CEO Peter Mintzberg argued that Bitcoin surged roughly 20% last week—its strongest three-day gain since 2023—signaling the crypto winter is thawing, though he cautioned that markets overlook digital assets' long-term structural growth. Mintzberg highlighted two key drivers: institutional demand is accelerating, with Bitcoin spot ETPs averaging over $500 million in daily inflows during 2025, approximately 12 times miners' daily new supply, and 73% of institutional

According to Anthropic, the company opened 10,000 Claude subscription seats for scientists on August 27, offering free standard access or premium seats at $15 per month for one year. Applicants must be principal investigators at accredited institutions working in natural sciences, math, computer science, or engineering. The rollout expands access to Claude Science, a research workbench launched on June 30 that provides tools for hypothesis generation and data analysis. Anthropic is also expandin

According to The Wall Street Journal, Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser, and co-investors hold a 49% stake in the holding company behind World Liberty Financial's planned US bank. The Office of the Comptroller of the Currency granted preliminary conditional approval for World Liberty Trust Company, National Association on Aug. 14. The federally chartered national trust bank will issue and safeguard USD1, World Liberty's dollar-backed stablecoin. Tahnoon, bro

Strategy Inc. ranked among the top-15 most actively traded equities in the United States from August 19-24, generating $4.4 billion in daily trading volume and surpassing Microsoft and Meta in share turnover. On August 19, the company's stock moved 49.2 million shares in a single session, with 46.9 million shares traded the following day.

According to Foresight News, ENA reached a high of 0.189 USDT this morning (August 28), with a 24-hour price gain of 24.74%. The token was trading at 0.179 USDT at the time of reporting, according to Bitget data.

According to Foresight News citing Noxos Intelligence, two cross-EVM wallet theft incidents occurred this month, stealing approximately $500,000 on August 25 and $870,000 on August 10. Part of the stolen funds have been converted and deposited into KuCoin: $47,000 in ETH swapped to SOL from the first incident, and $41,000 in USDT routed through Optimism and Arbitrum from the second incident. The attackers used different wallet addresses (0x861E...BA55 and 0x5172...2c0e) for each incident, and it

According to Foresight News, payment blockchain Tempo has added support for Ondo Finance's USDY stablecoin. USDY combines stablecoin functionality with U.S. Treasury-backed yield. Eligible holders can freely transfer USDY and use it for yield products, balance reserves, and payment flows to avoid idle capital.

According to Foresight News, Adjacent, a prediction market index construction project, launched its first CFTC API interface today. The API allows users to retrieve newly filed regulatory applications, including new regulated perpetual contracts, and parse related documents. Features include listing, searching, and filtering new filings, amendments, and applications, with documents presented in Markdown format for easy comparison of settlement terms and revisions. The public interface is now ava

On August 28, Japan conducted a 2-year government bond auction with a bid-to-cover ratio of 2.97, falling below the 12-month average of 3.74.

According to Jin10 data, China's national peak power consumption hit a record high of 155.7 billion kilowatts (155.7GW) on August 28, marking the fourth all-time high during this year's summer peak-load period. The milestone represents an increase of approximately 50 million kilowatts compared to last year's peak, according to a press briefing held by China's National Development and Reform Commission (NDRC).

According to BlockBeats, ENA rebounded 119% from its July 30 low of $0.07696 to $0.1686 on August 28, with a 24-hour gain of 16.3%. The token intraday peaked at $0.18994 before retreating 11.2%. A whale address starting with 0x0911 initiated a 10x leveraged long position on July 28, two days before the monthly low. The whale currently holds approximately 9.453 million ENA with a cost basis of $0.09498, generating an unrealized gain of around $696,000 for a return rate of 775.5%.

According to Morgan Stanley strategists on Aug 28, the bank has shifted its focus to China's A-shares after taking profits on Hong Kong stock positions. The strategists, including Laura Wang, Chloe Liu, and Vicky Wu, cited reasons including stabilizing global markets, a resurgent AI supercycle, and easing liquidity tensions from recent major IPOs such as Changxin Memory and UNITREE Robotics. The bank also noted support from China's "national team" in stabilizing stocks during market declines. Wh

India's 10-year benchmark government bond yield rose to 6.9136% on August 28, marking the highest level since June 12.

According to OpenAI, the company has rolled out ads on ChatGPT for free users and those on the 399 rupee ($4) per month 'Go' plan in India, one of its largest and most active markets. The ad feature, already live in 38 countries including the U.S., Japan, Korea, and 31 European nations, is designed to support broader access through lower-cost tiers while maximizing revenue ahead of OpenAI's planned 2027 IPO. OpenAI stated that ads will be clearly labeled, visually separate, and shown below respo

According to Benzinga and Forbes data, Nvidia stock surged 8.7% on Thursday (Aug 27) following the company's Q2 earnings report and guidance, boosting CEO Jensen Huang's net worth by an estimated $14.9 billion. Huang's wealth rose to $196.1 billion, advancing him to the 6th position on the global billionaire rankings and surpassing Mark Zuckerberg ($195.6 billion) and Larry Ellison ($193.6 billion). Huang, who holds approximately 3% of the semiconductor giant, saw his fortune increase 8.2% in a

According to Jin10 Futures, China's futures markets saw significant capital flows on August 28 at 11:31. CSI 1000 index futures (2609 contract) led outflows with 79.71 billion yuan, while lithium carbonate futures (2701 contract) attracted the largest inflows at 17.92 billion yuan.

According to Jin10, offshore Chinese yuan Hong Kong Interbank Offered Rate (CNH HIBOR) on Friday, Aug 28 showed mixed movements across tenors, with the one-week rate rising to 1.42970%, marking its highest level since Aug 20. Overnight HIBOR also climbed to 1.37697%.

Michael Burry scored substantial profits on Nvidia call options placed ahead of the chipmaker's earnings report on Thursday, with the contracts appreciating between 50% and 60% in less than a day. He sold half the position shortly after opening it, characterizing the calls as a hedge against a much larger bearish position in Nvidia rather than a bullish bet. Despite the short-term gains, Burry said he remained long-term bearish on Nvidia and expected the stock to face headwinds once AI capital e

Marvell Technology shares fell about 8% in after-hours trading Thursday after the chipmaker reported second-quarter revenue of $2.739 billion, up 37% from a year earlier and modestly above Wall Street expectations of $2.71 billion, but guided adjusted gross margin for Q3 lower to 57.5%–58.5%, down from 58.9% in Q2. CEO Matt Murphy attributed the margin dip to a higher mix of custom chips for cloud customers. Despite the margin pressure, the company raised its multi-year sales outlook, projecting