Gate Crypto Flash News and Market Updates

Overnight on August 29, Niger's capital Niamey experienced intense gunfire as young military officers launched a mutiny against the armed forces, according to sources. The rebel troops, converging from Tillaberi and Dosso, targeted key facilities including the presidential palace, Diori Hamaani International Airport, and the national television station.

According to Reuters, on Friday, Aug. 28, BIS General Manager Pablo Hernández de Cos questioned whether stablecoins can credibly function as a means of payment at scale. He argued that tokenized bank deposits offer a stronger alternative for harnessing tokenization while preserving the monetary system. A concurrent study by the BIS-linked Financial Stability Institute found significant differences in stablecoin regulation across five major markets: the US, EU, UK, Hong Kong, and Singapore, with

According to Kitco News, on Friday, U.S. nonfarm payrolls saw a downward revision of -79,000 jobs (-0.1 percent) for the 12 months ending March 2026, according to the U.S. Bureau of Labor Statistics. Spot gold fell sharply to $4,543.80 per ounce in response, last trading at $4,564.05 for a loss of 0.83% on the session.

According to RedStone, a blockchain oracle provider, real-world assets (RWA) on the Stellar network surged to $3 billion in July, up significantly from $785 million in January, while the network's total DeFi locked value remained at just $213 million. The growth was driven by four major products: Amundi and Spiko overnight swap funds ($713 million), Spiko T-Bill fund ($536 million), Ondo USDY ($533 million), and VuMe Bond 2030 ($500 million). RedStone noted that RWA issuance has outpaced on-chai

According to The Defiant, on August 29, Circle natively deployed USDC and EURC on Plasma and launched its cross-chain transfer protocol (CCTP) and Bridge Kit. USDC now natively supports 37 blockchains, EURC supports 8 chains, and CCTP covers 28 chains. The deployments enable fiat on-off ramps for qualifying institutions and allow developers to integrate the stablecoins into applications.

According to Russian Foreign Minister Sergey Lavrov, on August 28, Moscow has not issued any ultimatum to the United States regarding Ukrainian strikes against Russian territory. The Trump administration continues supporting Ukraine with weapons and funding, Lavrov noted in the interview.

According to Trump's statement on August 28, the United States has secured majority control of over 65 billion barrels of Venezuela's proven oil reserves through a newly brokered agreement. Trump stated the deal will more than double U.S. oil reserves, significantly increase oil supply, and substantially lower U.S. gasoline prices in the long term.

According to Kitco News, spot gold prices fell more than 1% on Friday as Federal Reserve Chair Kevin Warsh reiterated his commitment to bringing inflation back in line with the Fed's 2% target at the annual Central Bank Symposium in Jackson Hole, Wyoming. Warsh said price-stability is a greater concern than the slowing labor market, noting that the Fed's preferred inflation measure, the 12-month PCE price index, stands at 3.7%, while the six-month change is 4.1%. Spot gold last traded at $4,552.

According to Hana Securities analyst Kang Jae-gu, NVIDIA recently provided fiscal 2028 revenue growth guidance of 70% year-over-year, signaling strong supply visibility ahead of next-generation GPU launches. While current cash flow metrics deteriorated in FY2027 Q2, declining to $21.3 billion in free cash flow from $48.6 billion in the prior quarter, this reflects working capital expansion to support the growth rather than weakening demand, the analyst noted. NVIDIA's 12-month forward price-to-e

According to TASS, Russia claimed on August 29 to have captured Novoandriyivka in Ukraine's Donetsk region. The Russian statement did not include additional operational details or evidence of the territorial change.

On June 29, 2026, Binance futures trading volume surged to $28.74 billion with a dramatic shift in asset composition. Altcoin volume share collapsed from 63% to 47% over a single week, with capital rotating into Bitcoin and Ethereum. BTC accounted for 47.9% of trading volume, ETH for 29.2%, leaving Solana and other altcoins combined to capture the remaining share. Mid-cap altcoins including ASTER, WLD, HYPE, and ZEC saw sharp declines during this period. The rotation reversed sharply by August 2

According to TASS, Russia has captured Hrapivshchyna in Ukraine's Sumy region on August 29.

According to Jiaozhuo, Bitcoin spot ETF saw net outflows of $202 million on Friday, ending a consecutive 9-day inflow streak. Ethereum spot ETF maintained momentum with net inflows of $102 million during the same period.

According to PPP prediction tool monitoring, an account (0xc9a24fa249cf907c598544a4d46c077c1edf77d3) purchased $117,000 in betting contracts on LGD defeating TES on Polymarket today, August 29. The position was opened at an average price of 34.8 cents with 335,483 shares. The LGD vs. TES matchup begins at 17:00 UTC in a best-of-five format.

According to Odaily, DeFi execution platform ORO (formerly Oroswap) recently completed a $3 million strategic funding round. MH Ventures and Mapleblock Capital led the investment, with participation from M2M Capital, Archer Capital, x21 Digital, BlockRise, Zerone Venture, Beenco Labs, Velion Venture, Disrupt.com, and ZIGChain. The platform converts natural language instructions into on-chain operations, supporting token swaps, staking, lending, cross-chain bridges, and multi-protocol asset manag

According to Jin10, China's Council for the Promotion of International Trade organized a China-Kyrgyzstan Business and Investment Forum in Bishkek on August 28, bringing together over 100 Chinese entrepreneurs. Zhang Hongbin, CCPIT president, stated the delegation aims to implement consensus reached between the two countries' leaders and advance practical cooperation between Chinese and Kyrgyz enterprises. CCPIT plans to organize targeted trade promotion activities and support joint initiatives

According to Jiang Zhuoer, founder of Litbit Pool, Bitcoin ETF saw net outflows on August 29, ending nine consecutive days of inflows. Jiang noted that amid Federal Reserve Chair Powell's hawkish comments, BTC faces its first significant test since the recent rally. Jiang confirmed that he sold 50% of his ETH spot holdings during Friday's market decline.

According to SEC filings announced on Aug. 27, Evernorth Holdings Inc. and Armada Acquisition Corp. II (Nasdaq: XRPN) cleared a major regulatory hurdle after the SEC declared Evernorth's Form S-4 registration statement effective. The effective filing clears the path for Armada II shareholders to vote on the proposed merger on Sept. 30, with holders of record as of Aug. 20 eligible to vote. Evernorth plans to list on Nasdaq under the ticker XRPN and will actively manage an XRP treasury. If shareh

According to BlockBeats, Bitmain unveiled two new liquid-cooled mining rigs on August 29 at the World Digital Mining Summit (WDMS) in Hong Kong. The flagship S23 XP Hyd delivers 600 TH/s with an energy efficiency of 8.9 J/T and total power consumption of 5,340W, priced at $25.5/T ($15,300 per unit), with delivery expected between November 2026 and January 2027. The 2U rackmount S23e U2H offers 865 TH/s at 10 J/T, priced at $11/T ($9,515 per unit).

According to ChainCatcher, Hyperliquid's permissionless HIP-4 deployment framework has begun rollout, with the first Outcome DEX built on HIP-4, called 'OUT', completing its deployment. Per Hyperliquid's developer documentation, HIP-4 enables deployers to create YES/NO or multi-outcome markets without permission, based on templates approved by validator voting.