Gate Crypto Flash News and Market Updates

According to ChainCatcher, Polymarket odds of Ethereum hitting $2,600 by the end of August rose to 58% today (Aug 27), up 14% over the past 24 hours. Separately, the probability of ETH falling to $2,400 or below declined to 47%, down 19% in the same period. The market uses Binance ETH/USDT pricing as its reference.

According to Bloomberg, SHEIN has priced its Hong Kong initial public offering and is set to raise approximately $1.7 billion from the listing.

According to Egypt's Foreign Ministry statement on August 27, Egyptian Foreign Minister Badr Abdellatif and Russian Foreign Minister Sergey Lavrov discussed recent developments in the Middle East, including a joint proposal by Iran and Oman to establish a temporary maritime corridor in the Strait of Hormuz. The statement noted that the call also covered bilateral Egypt-Russia relations.

According to Germany's Robert Koch Institute, released on August 27, the country recorded approximately 15,800 heat-related deaths by mid-August 2026, the highest figure in a decade. Of these, 9,600 deaths occurred during extreme heat in late June, with an additional 4,000 deaths recorded during the heat wave in the first two weeks of August.

According to CME data, currency traders are increasing hedges against further dollar strength this week ahead of Fed Chair Waller's speech at Jackson Hole on Friday (August 27). The proportion of dollar options positioned to benefit from USD strength against a basket of major currencies rose to 57.2% this week, up from 43.2% the previous week. "This could be a decisive event for forex markets, with participants reluctant to build excessive dollar short positions," said ING strategist Michaela Pe

According to PANews, Bitfire (01611.HK), a Hong Kong-listed licensed company, launched Hong Kong's first compliant crypto asset quantitative strategy Alpha RWA on August 27. The strategy uses RWA as its core mechanism to capture market-neutral arbitrage opportunities in AI and crypto assets, providing institutional and professional investors with structured returns without direct exposure to market volatility.

On August 27, President Trump signed an executive order restricting the import of certain foreign-made power equipment that could threaten the U.S. national power grid. While not explicitly named, the measure effectively targets Chinese equipment. According to Korea Exchange data, South Korean power equipment and cable manufacturers surged on expectations of increased demand from North American exports and production opportunities.

Moderna shares dropped 8% in premarket trading on August 27 as the company announced plans to issue $2 billion of convertible senior preferred notes. The offering aims to strengthen the company's financial position.

According to BlockBeats, CryptoQuant founder Ki Young Ju stated on August 27 that the bull cycle peak is likely to be driven by institutional capital and ETF flows from outside the U.S. Ki Young Ju noted that current market momentum stems primarily from U.S. adoption of Bitcoin, but the next phase will shift toward global institutional adoption. He highlighted that South Korea has not yet launched a spot Bitcoin ETF, preventing retail investors from accessing overseas products and enterprises fr

According to Foresight News, Binance founder Zhao Changpeng stated at the Binance Life Sharing Conference on August 27 that countries issuing stablecoins would expand rather than undermine their sovereign currency's global circulation. He emphasized that issuing stablecoins represents a policy shift requiring gradual education and dialogue. Zhao added that the U.S. unexpectedly became far more friendly toward cryptocurrencies than anticipated, marking a significant positive development for the i

According to CryptoRank, on August 27, Hyperliquid's HIP-3 recorded $73 billion in trading volume during August, with equities accounting for 67% of total volume ($49 billion). The platform is expected to see equities surpass commodities as its largest trading category by 2026.

According to CoinDesk, Bitfinex Securities is preparing to list tokenized nickel security ALKN, linked to Luxembourg-based Alkemya Metacore. The platform holds $1.6 billion worth of high-purity nickel wire inventory stored in Switzerland, used in semiconductors, aerospace, and defense applications. Alkemya Metacore aims to raise $50 million through the tokenization, with proceeds supporting its operating subsidiary Green Transitional Metals across nickel product development and commercialization

Webull Securities Limited unveiled Vega AI in Hong Kong this month, according to a press release, integrating conversational stock discovery, earnings analysis and personalized allocation recommendations directly into its brokerage app's order-entry process. The platform has reached approximately 480,000 active users globally as of June 2026. Users can generate AI-powered allocations based on investment themes and risk preferences, then move directly to trade confirmation without leaving the app

The European Central Bank (ECB) will release its monetary policy decision minutes in approximately 10 minutes on August 27.

According to BIT data, several U.S. optical module and storage stocks surged in premarket trading on August 27. Optical module stocks led gains: Lumentum (LITE) rose 3.15% to $968.60, Coherent (COHR) climbed 4.35% to $307.18, Applied Optoelectronics (AAOI) jumped 5.40% to $119.90, Nokia (NOK) added 2.79% to $10.70, and Marvell Technology (MRVL) gained 4.95% to $257.25. Storage sector stocks also posted strong advances: Western Digital (WDC) rose 4.72% to $491.00, Seagate Technology (STX) gained

The UK Treasury announced on Wednesday (Aug 27) it will grant the Bank of England a secondary statutory objective to support innovation in payments and digital money. The new duty, introduced via an amendment to the Financial Services and Markets Bill set to reach the House of Lords in September, subordinates to the central bank's primary responsibility for financial stability. The Bank will be required to report to parliament annually on its progress in advancing digital currency and payment in

According to Rockawayx, the crypto-focused investment firm acquired Relayer Capital through August 21, 2026, with Relayer's long-short strategy generating an estimated 70% net return year-to-date. The strategy outperformed an equal-weighted basket of Bitcoin, Ether, and Solana by 86 percentage points. Relayer founder Austin Barack will join Rockawayx as chief investment officer of the newly launched Rockawayx Liquid Opportunities Fund, which targets mispriced tokens and digital-asset equities. R

Coincheck, a Japanese crypto asset trading service provider, completed its electronic payment means trading license registration today (Aug 27), becoming the second company in Japan to obtain such a stablecoin-related license. The company plans to expand stablecoin and on-chain finance services based on its partnership with U.S.-based Circle to increase USDC adoption in Japan. Stablecoins offer price stability through fiat pegging, enabling 24/7, fast, and low-cost transfers and payments.

According to Yonhap News, Kioxia and SanDisk announced on August 27 a combined investment of over 5 trillion yen (approximately $31 billion) through 2032 to increase production capacity for critical AI data center components. The investment will support infrastructure expansion at facilities in Yokkaichi and Kitakami, Japan, as well as technology and equipment upgrades. The companies also began groundwork for a new fab (Fab 3) in Iwate Prefecture's Kitakami facility. Kioxia CEO Hiro Ota stated t

According to ChainCatcher, Coincheck, a Japanese cryptocurrency exchange, announced today (August 27) that it has completed registration as an electronic payment instrument transaction service provider, becoming Japan's second company to obtain a stablecoin-related license. The company plans to expand stablecoin and on-chain finance services based on its partnership with Circle to increase USDC adoption in Japan.