Gate Crypto Flash News and Market Updates

According to the Associated Press, the Trump administration is preparing to revoke up to 200,000 business and tourist visas held by foreign nationals who have applied or are seeking U.S. asylum status. If implemented, this would be the largest single mass revocation of visas in U.S. history. The State Department is expected to announce the revocation of B1 and B2 visas issued between 2016 and 2026 in coordination with the Department of Homeland Security. A State Department spokesperson stated th

On Monday (August 23), Zillow Group (NASDAQ: ZG) settled an antitrust lawsuit with the Federal Trade Commission and five state attorneys general, avoiding a trial scheduled to begin this week. The settlement keeps Zillow's multifamily distribution partnership with Redfin intact through at least 2030, allowing listings to continue syndicating across a combined network including Zillow, Trulia, HotPads, Rent.com, ApartmentGuide, Redfin, and Realtor.com. Since syndication launched, multifamily list

According to Bitcoin.com News and Lookonchain data, trader bowen1476 opened a 40x leveraged short on 300 BTC (worth $23.13 million) on August 24, extending a painful losing streak. The wallet has lost on all 14 previous short positions in five days, totaling $4.56 million in cumulative losses. The new short entered near $77,500, with the position needing bitcoin to fall below $77,100 to turn profitable as BTC rallies 22% over the past week amid U.S. Treasury bond buyback operations.

According to CySEC, RoboMarkets Ltd paid €100,000 on August 24 to settle potential violations involving its organizational structure, client communications, appropriateness assessments, and marketing of contracts for differences to retail investors. The regulator's review covered the Cyprus-regulated broker's activities between June 2023 and June 28, 2024. The settlement addresses possible breaches of four areas of Cyprus and European investment rules, though CySEC did not disclose specific inci

According to Bitwise CEO on X, the company will launch a novel product type tomorrow (August 25) designed specifically for on-chain native users. The CEO did not disclose further details about the product.

According to Xinhua, the Israeli Defense Forces and Israel's security agency (Shin Bet) announced on August 24 that Israeli forces struck two Hamas weapons caches in Gaza.

Aggreko has applied for a U.S. initial public offering, seeking to trade its shares under the ticker symbol "AGKO" on the New York Stock Exchange.

According to Bank of America, Meta stock carries a $810 price target despite mounting litigation over alleged addictive platform design. Bank of America maintained its buy rating Monday, noting the California trial outcome represents only one data point in a multi-year legal process. Meta shares are down 26% year-to-date as of late August 2026, making it one of the worst-performing mega-cap tech stocks. The price target implies nearly 45% upside from current levels around $560.

According to Jin10, Iran's Supreme Leader's advisor Mohebel said on August 24 that Iran will respond to U.S. threats with greater resolve than before. Mohebel stated on social media that despite 47 years of American hostility including sanctions and military intervention, Iran's internal unity and deterrent capability in the Strait of Hormuz remain strong. He described the failure of Washington's strategy as a clear warning against continued miscalculation.

On Monday (August 24), U.S. equity and commodity ETFs showed mixed performance, with Brent oil fund dropping 1.9%, emerging market ETF down 1.5%, and soybean fund falling 1.14%. Meanwhile, gold ETF rose 0.79%, U.S. real estate ETF gained 0.62%, and U.S. long-duration Treasury ETF climbed 0.62%, with dollar index futures up 0.22%.

According to CME Group and CoinGlass data, Bitcoin surged 23.2% over seven days to break above $77,000 on Friday, triggered by the U.S. Treasury's announcement of expanded buybacks of longer-dated government bonds. Gold climbed to $4,661 during the same period, and more than $4 billion in short positions were liquidated during the rally. Analysts attributed the parallel rally in Bitcoin and gold to growing institutional concerns about U.S. fiscal credibility and dollar weakness, with Bitcoin inc

According to Bloomberg, the EV Price Return Index fell 0.23% to 3,503.23 on Monday, August 24, after an initial gain at market open.

Stablecoin issuer Tether recently halted a $120 million Bitcoin mining project in Uruguay following a contract dispute with the country's state-owned electricity company, UTE. The disagreement centered on how to interpret the electricity capacity terms in their agreement. Tether viewed the specified amount as a minimum initial capacity that could increase with demand, while UTE interpreted it as a maximum limit. After representatives from Tether failed to attend a meeting to sign amended contrac

According to Jin10 Data, on August 25, the U.S.-Canada tariff negotiations collapsed after Trump imposed additional tariffs and threatened Canada with serious consequences if it does not comply. U.S. Treasury Secretary Bessent stated that Trump hopes Canada will return to the negotiation table in good faith. Canadian Prime Minister Carney responded that a mutually beneficial agreement is possible if the U.S. adopts the right approach toward Canadian industries. Vice President Vance also indicate

According to The New York Times, the SEC issued subpoenas to major Wall Street banks on August 24 seeking information about AI hedge fund Situational Awareness' trading activities.

Nvidia stock has declined for seven consecutive trading days, marking the longest losing streak since 2022.

According to Bernstein research published Monday, the analyst firm maintained an Outperform rating on Circle (CRCL) and a $140 price target, implying roughly 60% upside from current levels. Bernstein cited a new growth cycle for USDC stablecoin after its supply increased by approximately $2 billion in seven days, reversing six months of stagnant growth. The firm highlighted USDC's rising transaction dominance, with its share of adjusted stablecoin transaction volume rising from roughly 40% in 20

Nvidia has made a strategic investment in Lancium, a Blackstone-backed AI data center company, to expand capacity for demanding AI workloads. The companies will deploy Nvidia's accelerated computing, networking and software across Lancium's campuses, which currently include 4 gigawatts of leased capacity with over 15 gigawatts in the development pipeline. Using Nvidia DSX reference designs, the partnership aims to improve performance per megawatt and cost per token. DSX MaxLPS will enable up to

On Monday (August 24), U.S. industry ETFs posted mixed results, with semiconductor ETF declining 2.43%. Global technology stock index ETF and technology sector ETF fell up to 1.94%, while energy sector ETF dropped 0.83%.

According to ChainCatcher citing Gate market data, on Aug 24, the Dow Jones index rose 139.98 points (up 0.26%) to close at 53,416.99. The S&P 500 declined 21.41 points (down 0.28%) to 7,652.96, while the Nasdaq Composite fell 200.26 points (down 0.76%) to 25,980.19.