Gate Crypto Flash News and Market Updates

According to Saudi media Hadath, the Fatah delegation cancelled a scheduled meeting with the Hamas delegation in Egypt on Monday.

According to U.S. Trade Representative Jamieson Greer, on August 22, the United States announced 50% tariffs on approximately C$20 billion worth of Canadian goods—including spirits, dairy, lumber, and furniture—and stated that no new negotiations with Canada are planned. Greer told Fox News the U.S. is pursuing countermeasures against Canadian retaliation. Canadian Prime Minister Mark Carney responded that Canada will impose matching 50% tariffs on approximately C$28 billion in U.S. goods, effec

According to Thai media, explosions and arson attacks occurred in three southern Thai provinces—Narathiwat, Yala, and Pattani—starting at 8 p.m. on August 22, leaving at least two people injured. Narathiwat's military task force declared a curfew across the province from 10:15 p.m. on August 22 to 6 a.m. on August 23.

According to CNBC reporter David Faber, Broadcom is in discussions to secure $70 billion to $80 billion in debt financing to support an AI chip financing program for companies like Anthropic. The funding is structured in two tranches: senior debt of approximately $45 billion and subordinated debt of around $35 billion, though final amounts remain subject to adjustment. Bloomberg reported the total deal size could reach as high as $100 billion, with investment firms Blackstone and Apollo Global M

According to BitMart's announcement, the crypto exchange is considering a restructuring plan that combines creditor distributions with phased resumption of certain operations, less than four weeks after announcing its intended shutdown on July 26. The exchange appointed White & Case as restructuring counsel and expects to provide a detailed roadmap by September 9. The announcement marks a significant shift from BitMart's original plan, which called for all trading to end on August 26 and complet

According to Grayscale's latest SEC filing on August 21, Zcash (ZEC) surged to its highest level in roughly eight years on Saturday as investors reacted to the company's fifth amended registration statement advancing its effort to convert the Grayscale Zcash Trust into a US exchange-traded fund. The proposed ETF would trade under ticker ZCSH on NYSE Arca with a sponsor fee of 2.5% annually. ZEC moved above $800 on Saturday, with the token gaining over 60% in the past seven days.

Commentary indicates that Treasury Secretary Scott Bessent's signature "3-3-3 plan" has significantly underperformed on key targets, eroding his credibility with debt markets. The plan aimed to boost U.S. GDP growth to 3%, reduce the fiscal deficit to 3% of GDP, and increase daily oil production by 3 million barrels, while pushing the 10-year Treasury yield down to 3%. Actual results remain far below these goals: GDP growth stands at 1.5%, the fiscal deficit has widened to 5.8% of GDP, oil produ

According to CME FedWatch data as of August 23, the Federal Reserve has a 60.1% probability of holding interest rates unchanged in September and a 39.9% probability of raising rates by 25 basis points.

According to The Block, Solana (SOL) completed a successful mainnet upgrade on Friday morning, reducing the network's target slot time to 350 milliseconds (ms), down 50 ms from its previous 400 ms target. A slot is the time period in which a designated validator produces a block of transactions. The change, under upgrade proposal SIMD-0525 merged on May 14, represents the first step toward the final goal of cutting slot times to 200 ms. The network plans three additional 50 ms reductions, with t

According to Watcher.Guru, Bitcoin was priced at $586 ten years ago today, on August 22, 2016.

According to CNBC, Wall Street has set a 12-month gold price target of $5,400 per ounce on August 22, citing structural support from rising global debt levels and a weakening U.S. dollar. UBS commodity analyst Giovanni Staunovo noted that factors driving gold's gains last year—including elevated government debt and dollar weakness—have resurfaced. The U.S. Treasury's decision to expand long-term debt buyback programs has pushed yields lower and pressured the dollar, supporting gold prices. Howev

According to BlockBeats citing Axios, over a dozen civil society organizations urged the U.S. Federal Trade Commission on August 22 to investigate AI companies' practice of purchasing, scanning, and destroying books to obtain training data. The organizations called on the FTC to review what they termed "destructive data acquisition methods" by major AI firms. Court documents previously revealed that Anthropic spent millions purchasing books, removing their spines, and scanning pages to train Cla

According to Bloomberg, Anthropic recruited Amir Salek, who led Google's tensor processing unit (TPU) program until 2022, to join its compute team on Friday as the AI lab pursues building custom semiconductors. Salek oversaw the development of Google's first seven generations of AI accelerators and previously worked at Nvidia before joining Cerberus Capital Management. His hire underscores Anthropic's plan to gain greater control over computing infrastructure by developing in-house chips tailore

According to CCTV Finance, on August 22, China's panda bond issuance reached 209.975 billion yuan cumulatively by August 21, 2026, up over 73% year-over-year and marking a record high for the same period. The issuance surge comes as global major economies face elevated long-term sovereign bond yields, yet China's bond market and exchange rate remain relatively stable with international institutions increasing offshore renminbi financing amid global debt market volatility.

According to Canadian Prime Minister Chrystia Freeland, the United States has taken measures to limit Canada's ability to negotiate other trade agreements, Freeland stated on August 22.

Canadian Prime Minister Justin Trudeau recently stated that the United States intends to maintain high tariffs on Chinese heavy trucks. The remark reflects ongoing discussions between Canada and the U.S. regarding trade policy toward China.

According to Bitcoin Red Team member Calle in an interview with Decrypt, the group—formed as an emergency effort in response to AI-assisted security threats—has proactively scanned much of Bitcoin's significant open-source ecosystem and works directly with projects to identify and fix vulnerabilities. The Bitcoin Red Team consists of approximately 20 to 25 volunteers and has spent around $20,000 on security scans as of August 4, 2026. Calle warned that AI is eroding the technical barrier to expl

UBS Global Wealth Management raised its S&P 500 index target for year-end 2026 to 8,100 on Thursday, compared to the index's closing price of 7,641.16 earlier in the week. The 6% upside reflects stronger corporate profit prospects and expected continued earnings growth in 2027. UBS also lifted its mid-2027 target from 8,200 to 8,400 points, citing resilient economic growth, supportive monetary policy, and accelerating AI adoption. The bank raised its 2026 S&P 500 EPS estimate to $350 from $335,

Canadian Prime Minister Carney announced on August 22 that Canada's countermeasures against the U.S. will primarily focus on steel, dairy, and other sectors.

According to CoinGlass, the crypto market saw total liquidations of $1.244 billion over the past 24 hours, with long positions accounting for $744 million and short positions $500 million. A total of 246,203 traders were liquidated. BTC liquidations reached $194 million, followed by ETH at $277 million, XRP at $123 million, SOL at $104 million, and ZEC at $66.77 million. Other assets accounted for $479 million in liquidations.