Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
20:58

Spot Gold Rises 9.9% in August, Silver Up 15.5%

On August 31 at New York close, spot gold fell 0.18% to $4,447.12 per ounce, with cumulative August gains of approximately 9.90%. Spot silver rose 0.22% to $66.5273 per ounce, posting August gains of 15.50%. The price peak for gold was reached on August 25 at $4,696.83 per ounce during Asia-Pacific trading.
20:49

Strategy Opposes MSCI Plan to Exclude Bitcoin-Holding Companies, Holds 845,050 BTC

According to ChainCatcher, Strategy (formerly MicroStrategy) sent a letter to MSCI on Monday opposing a proposal to exclude non-operating companies from global investable market indices, calling the proposal "misleading and flawed." Strategy founders Michael Saylor and CEO Phong Le stated that MSCI's plan discriminates against digital asset enterprises and questioned the index provider's impartiality. Strategy holds 845,050 bitcoin, valued at approximately $65.8 billion at current prices, making
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BTC0.10%
20:43

SHEIN to List on Hong Kong Stock Exchange on September 1 at $30B Valuation, Down 70% from 2022

According to Financial Times citing Hong Kong Exchange filings, Chinese online fashion platform SHEIN is set to list on Hong Kong stock exchange on September 1, 2026. The company will raise approximately HK$13.1 billion (about $1.68 billion USD) by offering 280 million shares at HK$47.60 to HK$49.50 per share. The listing values SHEIN at HK$202-210 billion (approximately $26-27 billion USD), marking a 70% decline from its $100 billion private valuation in 2022. Despite the valuation drop, SHEIN'
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20:43

Hyperliquid Labs in Advanced Talks With Kraken Parent Payward to Launch U.S. Perpetual Contracts

According to Bloomberg, Hyperliquid Labs is in advanced talks with Kraken's parent company Payward to launch CFTC-regulated perpetual contracts for U.S. traders through the Bitnomial exchange. In May, Kraken announced a similar plan to roll out regulated perpetual contracts via Kraken Pro on Bitnomial, with clearing services provided by Kraken Derivatives US. Both parties have declined to comment, and regulatory approval is still pending.
20:37

Ireland Excludes Crypto from New Tax-Advantaged Investment Accounts

According to Ireland's Department of Finance, the government unveiled plans for new tax-advantaged investment accounts on Monday, but crypto assets and derivatives will be excluded from the preferential structure. The department classified digital assets as "highly complex and risky" products, leaving them outside a framework intended to make investing easier and more tax-efficient for Irish residents. The accounts will be available to residents next year, with the tax rate and tax-free threshol
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20:35

Canada's Retaliatory Tariffs Will Weaken Economic Growth, Oxford Economics Warns

According to Oxford Economics, Canada's retaliatory tariffs on U.S. trade measures will raise production costs and weaken overall economic growth, economists Tony Stillo and Michael Davenport said. While the new tariffs may protect some domestic manufacturers, they will damage most industries and reduce competitiveness across the economy.
20:31

Large Bitcoin Whales Accumulated 60,000 BTC During August, On-Chain Data Shows

According to on-chain data from CryptoQuant analyst Woo Minkyu, large wallets holding more than 100 BTC accumulated an additional 60,000 BTC between August 1–30. During the same period, wallets holding between 1–100 BTC decreased by approximately 33,000 BTC, while those with less than 1 BTC decreased by around 14,000 BTC. As of August 30, there was no clear indication that whales had put the 60,000 BTC up for sale.
BTC0.10%
20:21

Kalshi Permanently Bans Former Rep. George Santos, Fines Him $71,356 for Market Manipulation on Aug. 28

According to Kalshi's compliance department, on Aug. 28 the prediction market exchange permanently banned former Rep. George Santos and fined him $71,356 for manipulating a market tied to his attendance at the State of the Union address. The compliance notice found that Santos placed large trades between Feb. 2 and 25, then made false or misleading public statements to move prices, profiting $17,839.57. As someone capable of influencing whether he would attend the event, Santos was barred from t
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20:20

Solana Fees Hit Record 9,200 SOL; SGP-0002 Disinflation Proposal Passes with 67% Support

According to The Block, Solana's seven-day average SOL fee generation hit a record nearly 9,200 SOL on Thursday, Aug. 27, over 80% higher than three months prior. Non-vote transactions also reached 191 million on a seven-day basis. Meanwhile, the SGP-0002 Double Disinflation proposal passed on Friday with 67% support, surpassing the 66.67% threshold required. The governance vote achieved a record 60.7% turnout across 1,326 validators. The proposal doubles the annual disinflation rate from 15% to
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SOL-1.34%
20:19

Apple Discovers New Evidence Against OpenAI in Trade Secrets Case on August 21

According to legal filings, on August 21, Apple discovered new evidence on a MacBook computer provided by OpenAI during the discovery phase of a trade secrets lawsuit. Apple alleges that defendants at OpenAI used the company's proprietary information to train AI agents and obtained power converter circuit schematics while employed at Apple. Apple is requesting that the U.S. federal court accelerate the evidence disclosure process in the case against OpenAI.
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20:16

U.S. Stock Indices Fell Monday as Tesla Surged 5.5%

On Monday (August 31), U.S. stock indices declined, with the Dow falling 0.7%, the S&P 500 down 0.33%, and the Nasdaq losing 0.12%. Tesla rose 5.5%, while the Nasdaq China Golden Dragon Index dropped 2.18% and Alibaba fell 4%.
20:13

KOSPI Hits Year-Low Trading Volume at 0.54% as Retail Investors Shift Funds to Deposits and U.S. Stocks

According to Financial News, South Korean retail investors retreated from the domestic stock market on August 31 as KOSPI trading remained flat, with the benchmark's average daily trading volume hitting 322 million shares and trading value reaching 25.76 trillion won—both year lows. The listed stock turnover rate fell to 0.54% in August, the lowest this year, while investor deposit balances plummeted from 140 trillion won in early June to 96.71 trillion won. Amid sideways trading, the Bank of Ko
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