Gate Crypto Flash News and Market Updates

According to the Reserve Bank of India (RBI), the country's gold reserves stood at $113.22 billion as of August 21, unchanged from the previous week.

According to Jin10 Data, on August 28, Japan Ground Self-Defense Force announced the dismissal of Kouta Murata, a 24-year-old third-class land warrant officer, for breaching the Chinese Embassy in Tokyo in March. Murata forced his way into the embassy compound on March 24, brandishing a knife and threatening Chinese diplomatic staff. He was arrested by police and charged with illegal building intrusion and related offenses.

According to Palo Alto Networks CEO Nikesh Arora on Friday, the AI memory boom will eventually face cyclical pressures as excess profits drive innovation and cheaper manufacturing solutions. Arora stated in an X post that supply constraints have historically attracted new innovators and technological advances that reduce reliance on expensive components, arguing that memory and semiconductor sectors remain inherently cyclical despite the unprecedented current supercycle. Micron shares rose 14% i

According to a BusinessWire announcement on Thursday, BitGo completed the acquisition of Bitcoin infrastructure company NYDIG's institutional trading business, bringing approximately 30 employees to BitGo. The transaction includes institutional client relationships and adds derivatives, structured products, financing, and capital markets services capabilities. BitGo CEO Mike Belshe stated the acquisition will meaningfully scale the company's trading and infrastructure capabilities for serving in

According to Avon and Somerset Police, the force's financial investigation unit forfeited 20.21 Bitcoin and other cryptoassets plus bank funds worth $1.4 million (£1,032,487.86) on Thursday. Investigators traced the holdings to darknet marketplaces that operated between 2016 and 2019 before being shut down by law enforcement. Detective Constable Anthony Davis noted that blockchain transactions remain permanently visible, making them "an invaluable source of evidence" for law enforcement. The sei

According to pre-market data, KE Holdings (Beike) rose approximately 12% on August 28, following China's National Financial Supervision and Management Bureau issuing five new management measures to reform the real estate financing system.

According to Morgan Stanley strategy analysts Laura Wang, Chloe Liu, and Vicky Wu, the firm is pivoting focus to Chinese A-shares after taking profits on Hong Kong stocks on August 28. The analysts believe China's equity market retains upside potential, citing stabilizing global markets, rekindling momentum in the AI super cycle, and digested liquidity pressures from large IPOs including memory chip maker Changxin Technology and humanoid roboticist Unitree Robotics. The analysts noted that China

According to an official announcement, Ethena announced on August 28 that it is expanding USDe support to basis trading backed by stock perpetual contracts. Stock perpetual contracts now have open interest near $6 billion across approximately 200 contracts on trading platforms where Ethena already operates, with market size growing over 10 times since March. Stock perpetual funding rates average 15%–20%, more than 5 times higher than 2026 Bitcoin funding rates, while showing near-zero correlatio

According to OpenAI, the company has rolled out ads on ChatGPT for free users and those on the 399 rupee (approximately $4) per month 'Go' plan in India, one of its largest and most active markets. Ads are designed to "support broader access to ChatGPT through free and lower-cost tiers," an OpenAI spokesperson told CNBC. The feature is already live in 38 countries including the U.S., Japan, Korea, and 31 European nations. OpenAI stated that ads will be "clearly labeled, visually separate and sho

According to Reuters, Brent crude fell to around $89.45 a barrel on Friday, Aug. 29, posting a 5.3% weekly decline, while West Texas Intermediate traded near $83.31 and headed for a 4.3% weekly loss, breaking a two-week winning streak. The decline reflects trader expectations that diplomacy could ease shipping through the Strait of Hormuz, though physical disruptions persist. Only seven commodity vessels crossed the Strait on Thursday, down from 17 a day prior and below the 10-day average of 15,

According to market analyst SMQKE, Ripple Prime launched its Delta One business on August 27, providing institutional clients access to Total Return Swaps (TRS) tied to U.S.-listed equities, indexes and digital assets. The platform offers a single counterparty, cross-margining and 24/7 access, allowing institutions to manage multiple exposures through one infrastructure. SMQKE called the move a potential step toward integrating XRP into the broader derivatives ecosystem worth $600 trillion.

According to The Block, advocacy organization Public Citizen released a report showing that investors in five cryptocurrency products associated with U.S. President Trump faced at least $4.7 billion in losses, primarily unrealized losses, in 2025. Meanwhile, Trump generated at least $1.4 billion in revenue from the related crypto ventures during the same period.

According to Pimco, a surge in debt issuance for artificial intelligence capital expenditures has led to indigestion in fixed-income markets and pushed U.S. 10-year Treasury yields to around 4.75% earlier this month, according to Marc Seidner, head of non-traditional strategies at the investment manager. Tech giants including Amazon and Alphabet have collectively issued hundreds of billions of dollars in bonds this year, competing with government financing efforts. Pimco said the rapid pace of A

According to CryptoQuant founder Ki Young Ju, Bitcoin's Coinbase premium has turned positive, indicating growing bullish sentiment among U.S. institutional investors.

According to HyperliquidNews, HIP-3 open interest declined by more than $1 billion, reaching its lowest level since July 27.

According to Gate's official announcement, Gate will launch the 135th Contract Points Airdrop on August 31 at 18:00 UTC+8. The campaign features two reward pools: users holding at least 40 contract points can claim a 100 USDT position experience voucher, consuming 20 contract points; those with 120 or higher points (subject to decreasing tiers) may claim 12 GUSD, consuming 15 contract points. The GUSD pool employs a declining threshold mechanism, allowing higher-point users earlier claiming elig

According to CNBC, BlackBerry's share price has doubled this year as the company's QNX software division, which is embedded in 275 million vehicles, accelerates its robotics expansion. The company has built a backlog of $950 million in orders for QNX, with robotics representing one of the fastest-growing segments in the portfolio. CEO John Giamatteo highlighted that BlackBerry's high safety standards for automotive software position the company well for industrial robots, factory automation, and

According to Reuters, U.S. District Judge Rita Lin of the Northern District of California issued a permanent injunction on Aug. 27 blocking the Department of Defense from enforcing its "supply chain risk" designation against Anthropic. In her 59-page order, Lin found the Pentagon's measures constituted unlawful retaliation in violation of the First Amendment, stating the agency targeted Anthropic for publicly criticizing government contracting terms rather than any credible national security thr

According to the Korean Exchange, 10 newly-listed companies on South Korea's domestic stock market in Q3 saw an average decline of 28.46% from their offering prices, with nine of the ten trading below IPO levels on their first trading day. The first-day average return for Q3 IPOs was -4.62%, a sharp reversal from Q2's stellar 132.47% average first-day gain, when firms like Machina Rocks, Cosmo Robotics, and Poled doubled or quadrupled in value on debut. Analysts attributed the collapse to market

According to E Daily and financial regulator filings, Jongeundang Group Chairman Lee Jang-han transferred all his Jongeundang shares to his three children on August 28. Eldest son Lee Ju-won received 528,807 shares, increasing his stake to 5.32%, while daughters Lee Ju-kyung and Lee Ju-ah each received 395,000 shares, raising their stakes to approximately 4.04% each. The transfer is scheduled to complete between September 30 and October 29.