Gate Crypto Flash News and Market Updates

According to BlockBeats, U.S. Treasury Secretary Bessent stated on August 31 that the government traditionally does not raise interest rates when facing supply shocks.

According to U.S. Treasury Secretary Bessent on August 31, he expressed confidence in Japan and stated that the Bank of Japan will take measures to support yen appreciation.

According to PANews, on August 31, U.S. Treasury Secretary Bessent stated that he has not purchased any bonds regarding the bond market.

According to MoneyDJ, on August 31, the Hang Seng Index closed at 25,566.99 points, down 17.80 points or 0.07%, while the Hang Seng Tech Index closed at 4,619.87 points, up 14.72 points or 0.32%. On a monthly basis, the Hang Seng Index declined 1.23% in August, turning its monthly K-line negative. Tech stocks and financial stocks provided support in afternoon trading, limiting broader losses.

According to Sun Media, major economies are accelerating rare earth supply chain diversification efforts as demand rises from artificial intelligence, electric vehicles, and defense technologies. The U.S. government announced in February 2026 a $12 billion investment in critical mineral reserves, with initial focus on rare earths and support for domestic mining and processing. The Pentagon previously invested in U.S. rare earth producer MP Materials. The U.S. is also collaborating with Australia

U.S. Treasury Secretary Bessent and Federal Reserve Chair Powell share the same stance on bonds. The U.S. bond market posted its best performance for August this month.

This month, U.S. Treasury Secretary Bessent stated that his position on bonds aligns with Federal Reserve Chair Waller. The U.S. bond market has been the best-performing market for August.

The Dallas Federal Reserve's manufacturing output index reached 16.1 in August, up from 10.1 in July, according to the regional manufacturing survey.

The Dallas Federal Reserve's business activity index for August rose to 11.6, compared to 1.3 in the prior month, according to the Fed's official data. The index measures manufacturing and service sector activity in the Dallas Fed's region.

The Dallas Federal Reserve's manufacturing employment index declined to 8 in August, down from 12.2 in the previous month, according to official data released on August 31.

According to the Dallas Federal Reserve, the U.S. manufacturing shipments index climbed to 14.1 in August, up from 8.8 in July.

According to BlockBeats, on August 31, U.S. Treasury Secretary Bessent stated that oil prices are expected to decline.

The Dallas Federal Reserve's manufacturing raw materials payment prices index rose to 44.1 in August from 41.3 in July.

A security incident involving Numa Lunah, co-founder of a Web3 project, has highlighted an emerging attack technique targeting cryptocurrency professionals. According to the report, Lunah asked Anthropic's Claude for a download link to a voice transcription application and received a phishing website URL instead. After installing the malware, his device was compromised by an infostealer designed to steal passwords, exchange credentials, and cryptocurrency wallet private keys. Despite reinstallin

According to on-chain analyst Ai Yi (@ai9684xtpa), a whale address deposited 88,216 HYPE (approximately $7.23 million) to Coinbase 4 hours ago, forecasting approximately $1.538 million in profits if sold at current prices, representing a 27% return. The address had accumulated a total of 280,000 HYPE tokens between June 11 and August 13 at an average cost of $64.5 per token, totaling approximately $18.06 million in acquisition costs.

According to Businesswire, crypto investment fund C1 Fund disclosed Q2 2026 results as of July 31, expanding its portfolio to 11 crypto companies across payments, custody, compliance, staking, exchanges, infrastructure, and prediction markets. Top holdings include Ripple at 17.5% of net assets and Payward (Kraken's parent) at 16.9%, while newly adding prediction market platform Polymarket without disclosing investment amount. C1 Fund also completed repurchase and cancellation of 249,300 company

Brazil's Planning Minister Moretti said the country aims to improve its primary balance by 0.5% of GDP in 2027 compared to 2026.

According to Bank of America analysts on Aug 31, a surge in artificial intelligence capital expenditure is creating major opportunities for Wall Street banks in debt financing, IPO activity, and wealth management. Regional banks are benefiting from data center construction and its secondary economic spillover effects, which are increasing local lending demand. Bank of America data shows commercial and industrial lending growth accelerated from 8.6% to 10.0%, while overall loan growth climbed fro

According to Bitcoin News, Bitcoin developer Luke Dashjr and OCEAN mining pool operator Mummolin announced on August 29 that they have agreed to part ways. Dashjr resigned from his positions as OCEAN chairman, chief technology officer, and board member, citing fundamental disagreements over the future direction of Bitcoin mining. Mummolin will buy back Dashjr's full equity stake; financial terms were not disclosed. The separation followed a Bitcoin blockchain hard fork initiated by Dashjr's prop

According to GMGN data, PONS market cap breaks $306 million, hitting an all-time high as the token surges 31.43% in the last 24 hours.