Gate Crypto Flash News and Market Updates

According to Bitcoin.com News, August 28 marked 12 years since Hal Finney, the first person to receive a bitcoin transaction, passed away in 2014 at age 58. On January 12, 2009, Satoshi Nakamoto sent Finney 10 BTC in what became the inaugural bitcoin transaction. Today, with Bitcoin trading above $80,000 following its recent surge to $81,000, those 10 BTC are valued at approximately $805,000. Finney, a cryptographer and early PGP contributor, disclosed an ALS diagnosis in 2009 and remained engag

According to PANews, OpenAI announced on August 29 that it will terminate its partnership with Cursor following the AI coding platform's acquisition by SpaceX. Model usage rights for Cursor will expire on November 12.

According to BlockBeats, on August 29, Bullish announced providing $100 million in stablecoin debt financing to GPU lending protocol USD.AI to support its loan business for high-performance computing assets. The financing aims to expand USD.AI's GPU asset lending scale as AI infrastructure financing becomes a key segment in private credit markets. Bullish will also list sUSDai, the stablecoin issued by USD.AI, on its exchange with multiple trading pairs and provide market-making support to enhan

According to CNBC, Apple on Friday increased Apple TV+ monthly subscription price to $14.99 from $12.99, or $119 per year versus $99 previously. The price of Apple One, a bundle subscription that includes Apple TV+, iCloud storage, Apple Music and other services, was also raised to $21.95 from $19.95.

In May 2026, Mexico and the European Union signed a new trade agreement that extends geographic indication protection to hundreds of EU products, including cheese. The arrangement has provoked strong U.S. opposition and is now affecting ongoing trade negotiations between the United States and Mexico.

Bitcoin ETFs crossed the $100.93 billion asset milestone on Thursday with $242.24 million in inflows, according to Bitcoin.com News reporting on Sosovalue data. The inflow extended the 9-day streak for bitcoin funds, with Blackrock's IBIT leading at $277.61 million despite Fidelity's FBTC recording an $83.63 million outflow. Ether ETFs attracted $234.51 million with no fund posting withdrawals, bringing combined ether ETF assets to $15.57 billion. Solana ETFs drew $60.91 million as SOL climbed 1

According to U.S. Office of Government Ethics filings released on August 28, President Trump sold and purchased Coupang Inc shares in June. On June 3, he sold between $1,001 and $15,000 worth of shares. On June 24, he purchased between $15,001 and $50,000 worth of shares. Trump's estimated total Coupang holdings are valued at up to $130,000, with his June net purchases further increasing this position. Since October of last year, he has completed 18 separate Coupang transactions.

According to Maeil Business Newspaper, over the past week ending August 29, approximately 1.6 trillion won flowed into Korean money market ETFs as investors shifted funds away from the volatile domestic stock market. Money market active ETFs, which invest in short-term bonds and commercial paper, attracted the largest inflows, serving as a temporary parking facility for cash while generating modest returns around 3% annually. Covered call ETFs, which generate income by selling call options again

According to Nepal Police, as of 6 a.m. local time on Aug 29, the death toll from flash floods in Nepal's northern region has risen to 616.

According to Lei Jun via Weibo on Aug 29, Changhsin has achieved LPDDR6 memory mass production. The Xuanxi O3 becomes the first device to support Changhsin LPDDR6, with Xiaomi 18Fold as the first flagship model to feature the new memory.

According to ChainCatcher, Solana Meme coin GOLD surged over 478x in 24 hours today, with market cap breaking $13.8 million and currently trading around $13.8 million according to GMGN data. The project, branded as "Trump Digital Gold," claims to be a crypto initiative by the Trump Foundation combining gold value narratives with blockchain. However, the actual association between the project and Trump or related entities remains unconfirmed. Meme coin prices are highly volatile and related narra

According to CNBC, during the second quarter, Big Tech's massive AI spending is straining balance sheets as capital expenditures outpace operating cash flow. Meta's free cash flow plunged 91% year-over-year as capex jumped 88% to $31.1 billion, while Alphabet posted its first cash outflow since going public in 2004 after capex doubled to $44.9 billion. Amazon also turned negative with an $8.8 billion cash outflow as capex surged 68% to $54.21 billion. Analysts at S&P Global warned that the hyper

According to Coinglass data, Hyperliquid whales hold $69.45 billion in positions as of Aug 29, with long positions at $32.89 billion (47.36%) and short positions at $36.55 billion (52.64%). Long positions show unrealized gains of $338 million, while short positions are down $359 million. A notable whale address (0x92ea..e9) opened a 3x leveraged long position on BTC at $77,089.9, currently with unrealized gains of $1.263 million.

According to U.S. Central Command chief Brad Cooper on August 28, approximately 50,000 American troops are currently deployed in the Middle East, with many executing a naval blockade against Iran. Since resuming the blockade in mid-July, more than 20 warships have maintained the operation.

According to on-chain analyst Yujin, Hyperliquid's largest bull trader opened 1,000 Bitcoin and 38,000 Ethereum long positions across multiple addresses overnight through this morning, worth $170 million. The Bitcoin positions average $78,758 per unit, while Ethereum positions average $2,478.60 per unit. The trader is currently down $2.39 million on the combined positions.

According to Bitfinex, Bitcoin's correlation with gold has reached historically high levels, signaling the start of a bull expansion phase. The exchange noted that its Delta-Thermo Market Multiple metric hit 2.03, crossing the 2.5x threshold that marks the beginning of a bull phase, suggesting the price has transitioned from accumulation to expansion. However, Federal Reserve Chair Kevin Warsh adopted a hawkish stance at Jackson Hole, signaling potential interest rate hikes that could threaten t

According to Lookonchain, Japanese public company MetaPlanet transferred 3,000 BTC (worth approximately $237 million) to Coinbase Prime in the past 24 hours.

China's Deputy Permanent Representative to the United Nations Sun Lei emphasized on August 28 that military measures alone cannot resolve the Haiti crisis, speaking at an open meeting of the UN Security Council on the Haiti issue.

According to Benzinga Pro, Marvell (MRVL) raised its fiscal 2027 and 2028 revenue guidance on Friday (August 28), projecting $120 billion and $180 billion respectively, increases of $500 million and $1.5 billion from prior forecasts. Despite the upgrade, the stock fell 9.96% to $217.41, as investors worried about margin pressure from custom AI chips and questioned whether revenue growth would translate to earnings expansion. Analysts highlighted the company's strategic partnership with Google (G

According to Coinglass, on Aug. 28, Bitcoin peaked at $81,455 before collapsing to $76,877, wiping out $300 million in crypto liquidations overnight. The plunge followed Federal Reserve Chair Kevin Warsh's inaugural Jackson Hole speech, during which he rejected forward guidance over persistent inflation concerns. Market analysis outlet Cryptoreviewing noted that whales maintained heavy sell walls between $80,800 and $83,000, while a $5.7 billion downward liquidity skew between $75,000 and $78,50