Gate Crypto Flash News and Market Updates

According to U.Today, Shiba Inu (SHIB) closed above its 20-week moving average on August 21 for the first time since September 2025, ending an 11-month downtrend. The breakout coincided with Japan's Financial Services Agency approving Laser Digital Japan, a Nomura-backed exchange, to list SHIB alongside Bitcoin, Ethereum, XRP, Bitcoin Cash, and Litecoin, making SHIB the only meme coin among the six supported assets. SHIB posted its strongest August on record with a 14.8% monthly gain, and curren

Gate News message, Chainlink added 92K $LINK (~$1.1M) to its strategic reserve yesterday. Over the past 30 days, the reserve has accumulated 598.3K $LINK (~$5.62M). Total holdings: 5.67M $LINK (~$66.44M). Address: 0x9a709b7b69ea42d5eeb1cebc48674c69e1569ec6

Charles Schwab has confirmed plans to add Solana, Avalanche, and Chainlink to its Schwab Crypto platform in the coming months, expanding beyond its current Bitcoin and Ethereum offerings. The brokerage will charge 0.75% per trade and has excluded New York and Louisiana from service availability. Schwab Crypto launched in May 2026 and is accessible via web portal, mobile app, and the thinkorswim trading platform. The expansion comes as Schwab manages $13.04 trillion in total client assets across

According to Zhu Tong Finance, Justin Sun recently stated he has been living and working in Hong Kong and plans to remain there long-term to support the city's digital currency development. Sun said he will continue promoting blockchain innovation globally while backing Hong Kong's digital currency policies.

According to BlockBeats, citing Lookonchain data, on August 28, trader 0x12C2 opened a long position of 50 BTC (approximately $3.99 million) on Aster DEX. The position has generated $658,000 in unrealized profit, representing a 825% gain.

Oil prices extended their downward trend intraday on August 28. WTI crude traded at $81.90 per barrel, while Brent crude fell 1.00% to $87.38 per barrel.

According to Shanghai Securities News, Jiangzhao Laminates issued a price increase notice on August 28, raising FR-4 copper-clad laminate prices by 10% and PP semi-fixed sheets by 10%-20% due to supply shortages of core materials including glass cloth and copper foil. This marks the company's seventh price hike in 2026. FR-4 copper-clad laminates with thickness of 1.3mm and above have seen cumulative price increases exceeding 100% on a compound basis since March.

According to on-chain analyst Ai Yi, a BIT-linked entity opened long positions totaling $49.98 million in ETH through three new addresses on August 28, with an average entry price of approximately $2,485. The combined position ranks as the seventh largest ETH position on Hyperliquid.

According to BlockBeats, on August 28, a Meme trader turned $25,000 into $100,000 in one week, with total profits reaching $880,000 according to TradingBeats monitoring. The trader currently holds 319 SOL.

According to Cointelegraph, security researcher OneKey successfully reproduced on August 28 a transaction replacement attack against Ledger's Ethereum application version 1.22.1 in a lab environment. The vulnerability allowed attackers to override pending transactions for signing after users reviewed legitimate transactions. Ledger released patch version 1.22.2 on August 13 with application-layer protections and fixed the underlying issue in Secure SDK 26.6.1 on August 21. Ledger stated no users

Onshore yuan closed at 6.7204 against the U.S. dollar on August 28 at 4:30 PM, down 5 points from the previous trading day.

According to Financial News, S-Oil surged 9.14% to close at 149,200 KRW on August 28, with institutional investors and foreign buyers each accumulating 643.79 billion and 571.05 billion KRW respectively. Multiple brokerages raised their target prices, with Yuanta Securities upgrading to 205,000 KRW from 175,000 KRW and Shinhan Investment lifting guidance to 200,000 KRW from 180,000 KRW, implying upside of 34-37.4% from current levels. Analysts cited robust refining margins expected to persist am

According to billionaire venture capitalist Chamath Palihapitiya, Salesforce (CRM) soared 23% to $252.05 on Thursday, marking its second-best trading session on record and validating his May call that software-as-a-service valuations would recover. CRM stock had gained 41% since his initial prediction. The company reported Q2 revenue of $11.3 billion, up 11% year-over-year, and more than doubled adjusted earnings per share to $5.90, while raising its fiscal 2027 revenue guidance to $46.1–$46.4 b

Google has begun internal testing of Gemini 3.8 Flash Preview model, which is now available on Jetski, the company's internal engineering platform, for employee trials. According to internal testers, the 3.8 Flash version shows notable improvements over the 3.7 Flash iteration, though staff noted conclusions remain preliminary pending further testing.

According to SolanaFloor, U.S. spot Solana ETF saw net inflows of $60.9 million yesterday, marking its highest single-day inflow since November 2025.

According to MSX.COM data, U.S. storage stocks including Sandisk (SNDK), Micron (MU), Western Digital (WDC), SK Hynix (SKHY) and Seagate (STX) declined over 2% in pre-market trading on August 28.

Stock futures traded mixed overnight on Thursday, with Nasdaq-100 futures falling 0.05% while Dow and S&P 500 futures gaining 0.15% and 0.01% respectively at 11:37 PM EDT, as investors awaited Federal Reserve Chair Kevin Warsh's speech at Jackson Hole on Friday. According to Bloomberg and CNBC reports, prediction-market traders and Fed watchers at JPMorgan, Apollo and Morgan Stanley anticipate Warsh will emphasize inflation control as a key Fed priority, with Kalshi bettors assigning 89% odds to

According to Bloomberg, Nvidia filed paperwork Thursday to establish the Nvidia Corporation Employees Federal Political Action Committee, an employee-funded PAC allowing eligible staff to contribute up to $5,000 annually to support candidates from both parties. The chipmaker spent more than $2.5 million on federal lobbying this year as the Trump administration and Congress move to define AI regulations that could affect Nvidia's AI chip business.

According to BlockBeats citing BIT data, optical module and storage stocks fell sharply in U.S. pre-market trading on August 28. Marvell Technology (MRVL) led declines with an 8.02% drop to $222.09, while Applied Optoelectronics (AAOI) fell 3.12% to $109.75. Other notable decliners included Lumentum (LITE) down 2.90% to $928.45, Coherent (COHR) down 2.84% to $287.00, SanDisk (SNDK) down 2.94% to $1441.27, and Western Digital (WDC) down 2.27% to $451.50.

According to the Wall Street Journal, Sheikh Tahnoon bin Zayed Al Nahyan's group secured a 49% stake in WLTC Holdings, the entity behind World Liberty Financial's proposed US trust bank, while a Trump family-affiliated entity holds 38%. The Office of the Comptroller of the Currency granted preliminary conditional approval on Aug. 14. The trust bank cannot commence operations until it satisfies the OCC's pre-opening requirements and receives final approval.