Gate Crypto Flash News and Market Updates

On Monday (August 31) at the close of the New York session, S&P 500 stock index futures fell 0.26%, Dow Jones futures declined 0.59%, and Nasdaq-100 futures rose 0.11%. Russell 2000 futures dropped 0.57%.

On Monday, Aug 31 (Beijing time Sept 1, 04:59), offshore Chinese yuan (CNH) was quoted at 6.7179 against the U.S. dollar, down 129 pips from the previous Friday's close. Intraday trading ranged from 6.7321 to 6.7175. In August, CNH gained 0.50% cumulatively, recovering losses from earlier in the month.

According to the UK Maritime Trade Operations (UKMTO), Saudi oil tanker Cedar was intercepted in the southern Strait of Hormuz today. The incident was reported to authorities earlier. Cedar is capable of carrying 2 million barrels of crude oil and was operating its automatic identification system while transiting the waterway.

According to CEO Matt Cole, Strive purchased 1,800 BTC for roughly $143 million on Monday at an average price of $79,431 per coin. The acquisition raised the company's total Bitcoin holdings to 23,156 BTC, valued at approximately $1.76 billion. The purchase extends Strive's aggressive treasury accumulation strategy as it trades on Nasdaq under ticker ASST following its merger with Asset Entities earlier this year.

According to Google Gemini AI, Bitcoin is predicted to trade between $95,000 and $125,000 by the end of 2026, with a base-case price target of $110,000. The model cited near-term headwinds from Federal Reserve Governor Kevin Warsh's hawkish Jackson Hole speech, which triggered a $6.4 billion options expiration and knocked Bitcoin lower to around $79,000. The AI model treats this dip as an attractive entry zone, with key support at $76,664 and $68,000 marking the invalidation floor. Resistance le

According to the Korea Exchange, KOSDAQ listing rules will be revised in September to account for temporary market capitalization declines caused by rights offerings and stock dividends. The adjustment reflects concerns that 45 profitable companies among 149 firms with market caps below 20 billion won as of late July could face delisting under July's stricter policy requiring KOSDAQ companies to maintain a minimum 20 billion won market cap. The rule change, which KOSPI already implemented on Aug

According to Arkham blockchain data cited by ChainCatcher, wallets linked to North Korea's state-sponsored Lazarus Group transferred over $30 million in Bitcoin from the decentralized derivatives platform Hyperliquid over the past three weeks. The funds were converted to Ethereum and Solana, then moved to centralized exchanges including Kraken, LBank, and KuCoin. Kraken stated it maintains industry-leading compliance protocols and monitors on-chain activity to identify and block sanctioned walle

According to Yonhapinfomax, on August 31, U.S. stock market indices declined as escalating US-Iran military tensions triggered risk-off sentiment. The Dow Jones Industrial Average fell 0.70% to 53,185.90, the S&P 500 dropped 0.33% to 7,686.14, and the Nasdaq Composite declined 0.12% to 26,730.89. The selloff followed overnight U.S. airstrikes on Iranian Revolutionary Guard positions near the Strait of Hormuz and subsequent Iranian counterattacks on U.S. positions in Jordan and the UAE. Brent cru

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.

According to the U.S. Energy Information Administration (EIA), the monthly oil supply report originally scheduled for release on August 31 has been delayed to September. The agency will disclose the report once data are finalized.

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

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'

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.

According to the Israeli water authority and local media on August 31, five of six desalination plants on the Mediterranean coast suspended operations due to extreme weather causing seawater turbidity, affecting water supply across multiple regions in Israel.

According to Wall Street Journal, a Venezuelan oil company operated by businessman Betancourt plans to deploy more than 50 drilling rigs to Venezuela over the coming years.

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

Intercontinental Exchange (ICE) will list financial-type natural gas condensate, Americas physical crude, Americas crude, and U.S. crude oil futures and options contracts starting October 5, the exchange announced.

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.

According to MSCI data, the MSCI Emerging Markets Index rose 3.2% in August, marking its largest monthly gain since 2004.

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.