Gate Crypto Flash News and Market Updates

According to media reports citing sources, Russia's Novatek refinery halted crude oil processing on August 26 following drone strikes.

On August 26, during European afternoon trading, UK 10-year gilt yields rose 3.3 basis points to 5.020%, marking significant gains following the release of the PCE inflation data, the Federal Reserve's preferred inflation gauge, at 8:30 p.m. Beijing time. Two-year gilt yields climbed 3.0 basis points to 4.343%, while 30-year yields gained 3.7 basis points and 50-year yields increased 4.0 basis points.

According to three sources, Russia's Norsi refinery halted crude oil processing after drone strikes on August 26.

According to Bitget market data, Nasdaq-100 constituent stocks showed divergent movements during today's session. Storage, optical communication, and technology stocks gained strength, while software and enterprise services stocks retreated.

According to Kitco News, gold reached around $4,650 this week, on pace for its best month since 1999, though still below the record set in late January. Former investment banker Felix Prehn highlighted growing market concentration risks, noting that the top 10 companies in the S&P 500 now represent roughly 40.8% of the index, compared to 19% in 1990 and 26.6% at the peak of the dot-com bubble. On September 9, the U.S. Treasury will double the size of its long-dated bond buyback operations to at

According to Beating AI, Zhipu recently open-sourced GLM-5.3-Flash, which outperforms DeepSeek-V4-Flash on multiple benchmarks. On Terminal-Bench 2.1, GLM-5.3-Flash scored 84.3 compared to DeepSeek-V4-Flash's 82.7; on DeepSWE, the gap widened to 63.4 vs 54.4. GLM-5.3-Flash also natively supports image and video inputs. Pricing strongly favors Zhipu's model. During a limited-time 50% discount, GLM-5.3-Flash costs $0.075 per million input tokens and $0.25 for output, versus DeepSeek-V4-Flash's $0.

According to ChainCatcher and GMGN, the meme coin 'NIU LAI' on BSC surged 33% in the past 24 hours, with market cap rising to $47 million and 24-hour trading volume reaching $12.2 million.

According to GMGN data, the BSC-based meme coin Niulai surged 33% in the past 24 hours on August 26, with its market cap recovering to $47 million. The token recorded $12.2 million in trading volume over the same period.

According to BlockBeats, on August 26, Ethereum developers proposed an EIP draft to restructure the existing validator deposit contract and support post-quantum cryptography. The proposal replaces the fixed BLS key structure with variable-length keys and credential data, supporting up to 8192 bytes per deposit. It introduces three states: disabled, BLS-enabled, and BLS-permanently-retired. Once a deposit enters the BLS-retired state via system call, no new validators can be added using the curre

According to Coinglass data, cryptocurrency markets liquidated $306 million in perpetual futures positions in the past 24 hours on August 26, with long positions accounting for $248 million and short positions $58.81 million. Bitcoin liquidations totaled $89.64 million, while Ethereum liquidations reached $65.41 million.

Qualcomm released the Intelligent Multimedia SDK (IMSDK) 2.0, a unified AI and multimedia development framework for Dragonwing and Linux edge platforms. The SDK introduces Python and C++ Pipeline APIs, generative AI inference, containerized microservices, and AI coding agent skills to simplify integration of camera, audio-video, sensor, and AI inference functions for applications including smart cameras, robots, drones, and industrial AI. IMSDK 2.0 supports multiple inference runtimes (QAIRT, ON

According to the U.S. Department of Commerce, new orders for durable goods in July reached $339.3 billion on a seasonally adjusted basis, up $3.6 billion or 1.1% month-over-month. This exceeded market expectations of a 0.5% increase. Excluding transportation equipment, orders grew 0.4%, while excluding defense, orders rose 1.3%.

Richmond Federal Reserve President Thomas Barkin, a 2027 FOMC voting member, is set to attend a forum discussion in 10 minutes.

According to Guru Club, WTI crude oil futures recovered more than 3% of their intraday losses on Aug 26, rising 0.06% to settle at $82.41 per barrel.

According to ChainCatcher, the U.S. Securities and Exchange Commission submitted a proposal to the White House on Tuesday (Aug. 25) aimed at modernizing custody rules for cryptocurrency assets held by investment advisors and companies. The SEC said it seeks to "improve and modernize" regulatory provisions surrounding crypto asset custody. The proposal comes after the House postponed a vote on the Clarity Act to September; crypto-friendly lawmakers had sought to pass the legislation before Congre

According to William Blair, Moderna and Merck's personalized mRNA cancer vaccine Intismeran Autogene (mRNA-4157/V940) combined with Keytruda achieved positive Phase III trial results for melanoma treatment recently, hitting key efficacy endpoints. Moderna's stock jumped 177% to $174.38, marking a multi-year high. The vaccine's wholesale acquisition cost is estimated at approximately $475,000 per patient, with per-unit production costs exceeding $100,000, according to Shanghai Public Health Clini

The U.S. Treasury Department auctioned 2-year floating rate notes (FRNS) today at a discount rate of 0.055%, up 5 basis points from 0.050% on July 29. The auction received a bid-to-cover ratio of 3.14.

According to media reports, Indian oil tanker HAANA recently attempted to transit through the Oman Corridor, an alternative southern route south of the Strait of Hormuz, but was forced to abandon passage after receiving a warning.

Bernstein expects Bitcoin to reach $150,000 by mid-2027 under its base case scenario, citing rising government debt and currency debasement as tailwinds for the scarce asset. The firm forecasts BTC returning to roughly $125,000 by end-2026 before advancing to $150,000 in H1 2027, with a cycle peak near $300,000 in 2029. A more bullish scenario sees Bitcoin reaching $200,000 by mid-2027 and peaking at $500,000 in 2029. Bernstein lowered its Strategy (MSTR) price target to $350 from $450 despite m

According to CoinMarketCap, XRP fell 6.23% over 24 hours to around $1.38, marking the steepest drop among the top 10 cryptocurrencies by market cap. Despite the pullback, XRP remains up 35.55% over the past seven days, still leading the pack after rocketing from $1.00 to a peak near $1.69 between August 18 and August 22. On the daily chart, XRP is retesting the $1.40 zone that flipped from resistance to support during last week's breakout. XRP-linked ETFs have logged nine consecutive days of net