Gate Crypto Flash News and Market Updates

According to Arkham data reported by PANews on Aug 22, Morgan Stanley added approximately 320.951 BTC through its spot Bitcoin ETF MSBT, spending $21.91 million. The firm's total Bitcoin holdings now stand at 6,995 BTC, worth approximately $515 million.

The U.S. weekly oil drilling rig count through August 21 will be released shortly.

According to BlockBeats, Bitcoin's Ahr999 indicator reached 0.5073 on August 22, exiting the "buy-in zone" and entering the "investment interval." The current buy-in signal window, which began on May 29, lasted approximately 82 days with the indicator remaining below 0.45.

ConocoPhillips' stock is trading near $135 following a six-day rally that has lifted the oil and gas company 8.6% since its last session. The current move puts it on track for a new closing high for the first time since November 2022, based on historical data dating back to 1972.

According to ChainCatcher, artificial intelligence cloud company Nscale plans to seek up to $3 billion in funding through a U.S. initial public offering, according to sources familiar with the matter.

According to S&P Global, on August 21, U.S. services sector PMI expanded to 56.8 in August, the highest level in 20 months and beating the forecast of 54.0. Manufacturing PMI, however, declined to 53.2, falling below expectations of 53.9 and marking a five-month low. The combined composite PMI reached 56.0, the highest in 52 months.

According to Cointelegraph on August 21, Standard Chartered's head of digital assets research Geoff Kendrick said Bitcoin could retest its historical high of approximately $126,000 before year-end, suggesting the bank's previous $100,000 year-end target may be too conservative. Kendrick attributed the recent rally to short liquidations and recovering inflows into spot Bitcoin ETFs. The bank previously downgraded its year-end target to $100,000 in February from $150,000. Bitcoin currently trades

According to Coinglass data cited by ChainCatcher, Binance recorded net outflows of 247 million USDT in the past 24 hours.

Spot gold broke through $4,620 per ounce today, gaining 2.23% during the session.

According to Friday's announcement, Digital Asset and the American Idea Foundation, led by former US House Speaker Paul Ryan, plan to launch a blockchain-based pilot program called RISE in the first quarter of 2027. The system will use the Canton Network to distribute state-administered benefits across three US states, consolidating multiple benefits into monthly or twice-monthly payments with spending rules applied to categories including food, child care, and cash. The platform will automatica

According to Arabia Television, Yemen's government forces conducted a drone strike on a Houthi military vehicle east of Hazm in Jouf Governorate.

According to JP Morgan strategist Jason Hunter, the bank warned on Aug. 22 that U.S. stock markets face heightened selloff risks in late summer and early autumn amid weakening internal indicators and shifting investor sentiment toward defensive assets. Hunter noted parallels between current trading enthusiasm around AI stocks and the 1999-2000 tech bubble period, citing concerns over concentrated holdings and potential overvaluation. Rising U.S. Treasury yields, Middle East geopolitical tensions

According to SoSoValue, U.S. spot Bitcoin ETFs took in $606.29 million on August 20, their largest single-day haul since May 1 and a fourth consecutive day of inflows. BlackRock's IBIT accounted for $502.99 million of that, roughly 83% of total inflows, up from 55% the previous day. Fidelity's FBTC took $64.74 million, Bitwise's BITB $26.4 million, and Ark and 21Shares' ARKB $12.2 million, while VanEck's HODL posted a $3.59 million outflow. Over the four-day run, IBIT alone accounted for approxi

According to ChainCatcher, Elon Musk announced that Starlink now has 11,000 satellites in orbit.

Democratic Republic of Congo copper exports increased 4% in the first half of 2026, reinforcing the African nation's standing as the world's second-largest supplier of the industrial metal, according to government data. Total copper shipments reached 1.72 million tons as of June, up from 1.65 million tons in the same period last year. China's Zijin Mining and Glencore operate the largest contributing mines.

According to Goldman Sachs analysts including Lina Thomas, gold call option demand has surged, creating a two-way price amplification mechanism that increases volatility risks. The analysts said elevated call option trading volumes could drive larger price swings, with the bank's year-end 2026 gold price target of $4,900 per ounce now facing significant upside risk.

According to Oman National News Agency, foreign ministers of Oman and Iran discussed conditions for resuming negotiations to support the restoration of maritime navigation in the Strait of Hormuz.

According to SolanaFloor, U.S. spot Solana Exchange Traded Funds recorded net inflows of $14.59 million on August 20, marking their highest single-day inflow in three weeks. Prior inflows of $8.8 million on August 10 and $2.1 million on August 19 indicate renewed institutional interest in Solana-related investment products. Total net inflows are estimated between $1.15 billion and $1.16 billion, with total net assets approaching $900 million.

On Friday (August 21), Germany's 10-year Bund yield closed at 3.258%, rising 5.4 basis points for the week. The 2-year yield gained 4.9 basis points to 2.848% this week, while the 2/10-year spread widened by 0.5 basis points to +40.782 basis points.

According to Cointelegraph, on August 22, Bitcoin miners and digital asset Treasury companies saw significant stock gains amid renewed market optimism. Canaan led crypto stocks with gains exceeding 25%, while MARA Holdings, Strive, and Metaplanet rose over 16% each. Coinbase and Robinhood also recorded double-digit gains. Improved liquidity expectations following the U.S. Treasury's expanded long-term debt repurchase program, combined with market optimism around regulatory clarity, drove the ral