Gate Crypto Flash News and Market Updates

According to Channel 14 television, Israeli Prime Minister Benjamin Netanyahu claimed on August 24 that Iran had attempted to assassinate his son. Netanyahu did not disclose specific details or clarify which son was targeted during the interview.

Elon Musk announced plans to launch the Vera Rubin NVL72 system to space orbit in the fourth quarter of 2027.

According to Vice President Vance on August 24, negotiations between the U.S. and Canada over trade remain ongoing. Vance stated that Canada had raised "unreasonable demands at the last minute" and emphasized that the U.S. seeks fair trade policies. He said, "We want a fair trade policy. We need to send a loud and clear message to the Canadian Prime Minister: stop taking advantage of Maine's people, stop taking advantage of America. It's all over." Vance reaffirmed that "America will strive for

According to the U.S. Department of Treasury, the United States has revoked its designation of Hayat Tahrir al-Sham (HTS, also known as the Levantine Liberation Front) as a specially designated global terrorist organization.

U.S. Treasury Secretary Bessent announced on August 24 that the Treasury Department will conduct its next bond buyback operation on September 9.

U.S. Treasury Secretary Bessent announced this week that a major financial institution will face sanctions related to Iran before the end of the weekend.

According to the U.S. Department of State, on Monday the U.S. removed Syria from its list of state sponsors of terrorism.

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $380 million on Monday, August 24, up from $200 million the previous trading day, with 2 counterparties participating in the facility.

According to ChainCatcher, Coinbase launched a tokenized equities service on Base today, allowing users to trade tokens backed by real shares of listed companies.

Canadian Prime Minister Kaney recently claimed that U.S. President Trump intends to destroy Canada's key industries through his negotiation conditions, according to public statements. The remarks highlight escalating bilateral trade tensions between Canada and the United States.

According to the U.S. Treasury Department, Treasury Secretary Bessent held a press conference on August 25 to announce sanctions details against Iran. Bessent previously stated that the United States is entering a decisive phase and preparing the largest-scale financial offensive against a hostile power in history.

On August 25, U.S. Treasury Secretary Bessent stated the U.S. is launching economic measures against Iran's global financial system. Trump is communicating with world leaders to cut economic ties with Iran, while the U.S. will implement a "zero leak" enforcement policy for the sanctions.

According to SoSoValue data, US spot Bitcoin exchange-traded funds recorded $1.92 billion in net inflows for the week ending August 22, marking their strongest weekly performance in nearly ten months. Bitcoin rose more than 20% during the same period, briefly surpassing $79,000 after starting the week near $63,000. BlackRock's iShares Bitcoin Trust (IBIT) accounted for approximately $1.33 billion of the total inflows, according to Farside Investors, with daily inflows peaking at $503 million on

According to Onchain Lens, Wintermute deposited 1,279.99 BTC into Binance over the past 18 hours through eight separate transactions, with a total value of approximately $98.68 million. The most recent transfer occurred approximately 30 minutes ago, in which 90.1 BTC (valued at $6.97 million) was sent to the exchange.

According to SoSoValue data, U.S. spot Bitcoin and Ethereum ETFs added $2.6 billion in net inflows for the week ending August 21, their strongest week since October 2025. Total assets under management jumped roughly $23 billion, with Bitcoin ETF assets rising 25.4% to $96.1 billion and Ethereum ETF assets rising 35.9% to $14.3 billion. Bitcoin gained approximately 24% to briefly exceed $79,000, while Ethereum climbed about 30% above $2,500, driven by the Treasury's expanded bond-buyback program

According to Jin10, U.S. Treasury Secretary Bessent is holding a press conference on economic D-day today (August 24).

According to the U.S. Department of the Treasury, the U.S. Treasury on August 24 implemented secondary sanctions targeting five sectors: digital assets, technology, gold, aviation, and shipping. The Treasury also suspended a general license for partial payments to Iran.

The U.S. Department of Treasury recently imposed sanctions on nearly 60 entities, individuals, and vessels linked to Iran, targeting nuclear, missile, cyber, and petroleum networks.

LME copper futures closed up $58 at $14,273/ton today (August 24). Other metals showed mixed performance: aluminum fell $9 to $3,228/ton, while zinc and lead rose $12 and $13 respectively. Nickel declined $32 to $17,026/ton, tin dropped $143 to $55,748/ton, and cobalt closed flat at $56,290/ton.

Oil and gold markets face key technical tests this week amid significant US economic data releases. US GDP growth for Q2 2026 is expected to revise down to 1.5% from 2.1%, while core PCE inflation forecast shows a 0.1% monthly increase for July. The Federal Reserve Chair Kevin Warsh will deliver a keynote speech Friday at the Jackson Hole Economic Policy Symposium. Canadian GDP data is also due Friday. Oil prices fell after two weeks of gains as traders await details on US sanctions against Iran