Gate Crypto Flash News and Market Updates

According to Wccftech, Tesla CEO Elon Musk recently shared progress on the company's AI5 inference chip during a discussion with hedge fund manager Ron Baron. The AI5, which completed tape-out in April and is now being produced by Samsung Electronics, delivers 2-3x better power efficiency per watt compared to Nvidia's chips for automotive and robotics inference workloads, while costing roughly 10% of Nvidia's chips. Musk stated the single-SoC AI5 matches Nvidia's Hopper architecture performance

According to ChainCatcher, Faryar Shirzad, Coinbase's chief policy officer, recently wrote in CoinDesk refuting claims by the American Bankers Association (ABA) that stablecoin rewards would drain community bank deposits. The ABA warned that permitting such rewards under the proposed Clarity Act could cause deposit losses. However, Shirzad pointed out that Coinbase has been paying stablecoin rewards on USDC for over four years, yet community bank deposits grew 26% from June 2019 to March 2026, t

According to U.S. media, a U.S. Army Black Hawk helicopter crashed on Aug 25 in mountainous terrain near Denver, Colorado, with no initial reports of casualties. The helicopter is assigned to Fort Campbell Army Base in Kentucky. Photos from the scene showed the aircraft heavily damaged with surrounding trees broken.

According to reports, Amazon Web Services announced it has signed a definitive agreement to acquire DuckLabs, the company behind the open-source analytics database DuckDB. Upon deal completion, the DuckLabs team will join AWS to enhance the speed, usability, and cost efficiency of AWS data analytics services. Amazon emphasized that the acquisition does not include the DuckDB open-source project itself, which will remain maintained by the independent DuckDB Foundation under the MIT license. DuckD

According to court documents, Meta agreed to pay up to $16.68 billion to various U.S. states as part of a settlement agreement. The company's stock rose over 4% in premarket trading on August 26 following the disclosure.

According to state media on August 26, Greece's military will soon sign a procurement agreement to acquire two multi-purpose frigates from Italy. The first vessel is expected to be delivered to the Greek Navy in the first half of 2028, with the second following in the first half of 2029. Greek shipyards will participate in the maintenance and modification of the vessels.

According to Clear Street's August 25 announcement, the electronic equities execution platform extended its service yesterday to 27 markets across Europe and Asia-Pacific while introducing a four-venue smart router for US overnight trading. The expansion comprises 22 EMEA markets and five Asia-Pacific markets (Australia, Hong Kong, Japan, New Zealand, and Singapore), accessible through a single execution connection. The overnight router connects Blue Ocean, Bruce, MOON, and OTC Link N to automat

According to Nick Timiraos, a key Federal Reserve communicator, core PCE rose 0.25% month-on-month in July, equivalent to a 2.99% annualized rate. The monthly increase was roughly in line with July 2025, pushing the year-over-year rate to 3.34% from 2.86% a year earlier. On an annualized basis, core PCE's 6-month increase stands at 3.5%, while the 3-month annualized rate is 3.0%.

On night session opening today (August 26), China's commodity futures contracts declined broadly. Ethylene glycol (EG) led declines with a drop of nearly 4%, followed by methanol and propylene falling more than 2%, and pure benzene declining nearly 2%. Other decliners included low-sulfur fuel oil (LU), short fibers, bottle-grade polyester chips, and para-xylene, each down more than 1%. On the upside, rapeseed meal rose nearly 2%, soybeans II climbed more than 1%, and soybean meal and zinc (SHFE)

According to Bloomberg ETF analyst Eric Balchunas, ETF closures this year have increased 65% year-over-year, approaching 200 funds as of late August. At the current pace, closures are on track to break historical records, Balchunas noted on X.

According to Gate data, the U.S. Dollar Index (DXY) rose approximately 10 points to 99.03 today, while spot gold declined 11 dollars to 4,619 per ounce. The moves came as the U.S. July PCE price index came in at 3.7% year-over-year, matching the previous month and exceeding market expectations of 3.6%.

According to Decrypt, European Central Bank (ECB) Executive Board member Piero Cipollone announced that the digital euro will provide the highest level of privacy feasible with current technology. Offline payments will be visible only to payer and payee; online transactions will not reveal parties' identities to the euro system, though participating banks retain identification capability. The ECB confirmed 36 payment service providers are participating in a 12-month pilot launching in the second

According to Gate data, WTI and Brent crude rallied approximately $0.5 intraday before easing back, now trading at $80.2 and $85.5 per barrel, respectively. An Iranian senior official said earlier that a deal with Oman regarding the Strait of Hormuz had not yet been finalized.

According to Grayscale Investments, the company's Zcash investment product recently upgraded to become the first Zcash exchange-traded product (ETP), with the ticker symbol ZCSH. The product enables investors to gain ZEC exposure through a SEC-registered traditional finance vehicle. Grayscale stated that Zcash's ecosystem, after nearly a decade of development, is entering a new institutional stage. Data shows Zcash shielded transaction adoption has been rising steadily. In February 2026, shielde

According to Reuters, Iran and Oman are continuing negotiations on the details of a Hormuz Strait agreement, as stated by a senior Iranian official.

According to Natixis, on Tuesday, Precious Metals Analyst Bernard Dahdah raised his year-end gold price target to $5,000 per ounce, up from his previous forecast of $4,600, citing mounting concerns over U.S. fiscal stability. Spot gold last traded at $4,645.30 an ounce. The upgrade reflects renewed demand as U.S. debt surpassed $40 trillion and the Treasury Department doubled buybacks of 10- and 30-year bonds to $4 billion, with the 30-year yield reaching a two-decade high of 5.3%. Dahdah noted

According to PANews, Polyswarm (NCT) token surged approximately 450% on Aug 26 following the launch of Upbit's KRW market at 20:00 Beijing time. The token traded near $0.026, with a market cap of approximately $50 million and 24-hour trading volume close to $100 million.

According to Korea Exchange, as of August 25, 2026, retail investors' share of KOSDAQ trading volume fell to 65.6%, down from 79.31% in 2024 and 73.8% in 2025. Foreign investors' share rose to 24.3% from 14.92%, while institutional investors' participation climbed to 8.8% from 4.61% over the same period. The shift reflects growing inflows through KOSDAQ-tracking ETFs, whose assets under management surged 3.8-fold to 14.2 trillion Korean won as of August 16, 2026, versus 3.8 trillion won at end-2

Gate News message, non-sports prediction market volume across Kalshi and Polymarket increased by 144% in August. According to the data, most of the growth came from Kalshi, which continues to dominate non-sports activity in the prediction market sector.

According to MoneyDJ, Hong Kong stock indices rose today (August 26), with the Hang Seng Index closing at 25,652.97 points, up 141.87 points or 0.56%, turning positive on the daily chart; the Hang Seng Tech Index closed at 4,626.15 points, up 37.61 points or 0.82%. Tech stocks led market gains, with Xiaomi and Alibaba each rising over 2%, while color metals stocks also performed strongly, providing broad support to the overall market as external risk sentiment cooled and U.S. Treasury yields ret