Gate Crypto Flash News and Market Updates

According to Bank of America, on August 26, the bank maintained its buy rating and $350 price target for Nvidia (NVDA). The firm expects the chipmaker's second-quarter revenue and forward guidance to beat market expectations by 3% to 4%, driven by Vera Rubin production expansion. Bank of America noted that investors should focus on whether Nvidia discloses multi-year off-balance-sheet commitments made to secure chip supply, power, AI models, and customer demand. The bank highlighted that Nvidia'

According to Bitcoin.com News, Hyperliquid's AQAv2 (Aligned Quote Asset v2) upgrade is now live after receiving 69.08% validator approval. The mechanism directs 90% of yield generated on approximately $5 billion in USDC reserves back to the protocol for HYPE token buybacks, with payments processing in 30-day cycles and the first payment due October 3. With current reserve yields, the arrangement is expected to generate between $135 million and $160 million annually for buybacks, adding to roughl

According to China's National Development and Reform Commission (NDRC), on August 25 afternoon, NDRC Vice Director Zhou Haibing and UAE Investment Ministry Vice Minister Al Hawwai jointly presided over a meeting of the China-UAE Investment Cooperation Committee Secretariat in Beijing. The two sides reviewed recent work progress and exchanged views on advancing investment cooperation projects, establishing a business advisory committee, organizing enterprise matchmaking activities, and developing

According to Jin10, Zhou Haibing, Vice Director of China's National Development and Reform Commission, and Alhawei, Vice Minister of the UAE's Investment Ministry, co-chaired the secretariat meeting of the China-UAE High-Level Investment Cooperation Committee on August 25 in Beijing. The two sides reviewed recent work progress and exchanged views on advancing investment cooperation projects, establishing an enterprise advisory committee, organizing business matchmaking activities, and developing

According to BlockBeats, CZ stated on August 26 at the 2026 Wyoming Blockchain Summit that the CFTC chief will seek to enable Hyperliquid's entry into the U.S. market, following Trump's mention of the platform. CZ believes this development would constitute a major positive for the crypto industry. CZ added that if Hyperliquid gains compliance-compliant operation in the U.S., it would open the door for perpetual futures and additional decentralized services to enter the market. He noted that Hype

SpaceX and Louisiana state government announced on August 25 plans to invest $100 billion to build Starbase Louisiana, a massive rocket launch facility on Pecan Island covering 125,000 acres. The base will include five launch complexes with two pads each, designed to support over 30 Starship launches per day and generate over 3,000 jobs. Construction begins next year, targeting first launch in 2029. CEO Elon Musk stated the facility will ultimately feature over a dozen launch towers, making it E

According to Odaily Meme, BNBDOG token on the Binance Smart Chain surpassed a $540,000 market cap on August 26, International Dog Day. Binance marked the occasion with a social media post featuring a dog image and the caption "you have the ball."

According to Odaily, Nvidia's second-quarter revenue is expected to nearly double to approximately $92.2 billion, driven by sustained demand for data center products. However, Wall Street's focus has shifted beyond earnings performance to the company's potential $200 billion in AI infrastructure financing exposure by 2028, with investors seeking clarity on off-balance-sheet commitments related to AI infrastructure financing, supply, and power.

According to BBC, Prince Harry, Meghan, and their children are returning to the UK today.

According to Alibaba's announcement, the company completed its placement of 710 million new shares today (August 26). The shares were placed with not fewer than six subscribers at HK$112.70 per share, representing approximately 3.57% of the enlarged issued share capital. The gross proceeds amounted to approximately HK$80 billion, with net proceeds of approximately HK$79.7 billion.

IBM has released the Granite 4.2 family of open-weight large language models available for download and self-hosting, recently. The new models come in three parameter sizes: 3B, 8B, and 30B variants, each featuring a native 128,000-token context window. The 8B and 30B models underwent agentic reinforcement learning training to support advanced capabilities including terminal access, web search, and external tool integration. While the 3B variant also supports tools, it lacks the same specialized

According to BlockBeats on August 26, Chanxin Technology announced that its over-allotment option for the initial public offering and listing on the Shanghai Stock Exchange's STAR Market has been fully exercised, resulting in an additional issuance of 1.003 billion shares and bringing total share capital to 67.884 billion shares. Because share prices remained above the offering price of 8.66 yuan per share throughout the exercise period, the lead underwriter China International Capital Corporati

According to a media briefing on the 2026 China International Service Trade Fair development forums, the 2026 E-Commerce Summit will be held September 9-10 at the Beijing Shougang International Convention and Exhibition Center. The summit, jointly hosted by Beijing Municipal Bureau of Commerce and China Service Trade Association, will be part of the broader service trade fair running September 9-13 in Shougang Park. Senior executives from major e-commerce platforms including Alibaba and JD.com a

According to Piero Cipollone, member of the ECB's Executive Board, in a recent interview, the digital euro will provide stronger privacy protection than conventional bank transfers. Cipollone stated that the euro system structurally cannot link specific individuals to their digital euro transactions, whether online or offline. Offline payments will occur directly between parties with transaction details visible only to payer and payee—equivalent to cash transactions—while only banks handling onl

According to Yonhapinfomax, on August 26, Park Min-joo was appointed as the new head of the National Debt Policy Division at South Korea's Ministry of Economy and Finance. In a statement, Park pledged to strengthen communication with market participants and improve the bond market management. Park holds expertise in treasury operations, having previously served at the International Monetary Fund (IMF) and returned to the ministry in November 2025.

According to TechCrunch, AI search infrastructure startup Keenable completed a $26 million seed round led by Accel, with Conviction Partners participating and multiple angel investors involved. Co-founded by Andrey Styskin, former head of search, AI and cloud services at Yandex, and German AI scientist Matthias Petri, Keenable is building a web search index for AI agents. The company has indexed over 100 billion documents and launched its Web Search API and AI-focused Web Query Language, availab

According to an EDX Markets announcement on August 25, the institutional digital asset trading venue will allow clients to use Figure Certificate Company's YLDS as collateral and will also add the security to its corporate treasury. YLDS, an SEC-registered yield-bearing digital security, carries a variable interest rate set at overnight Secured Overnight Financing Rate minus 35 basis points, subject to a zero floor. Interest accrues daily and is paid monthly. EDX has not disclosed the collateral

According to Axios, Nvidia stock rallied 2.2% on Tuesday (August 25), ending its longest streak of daily trading declines since June 2019. The company is set to report second-quarter earnings after market close on Wednesday. Q2 revenue is expected to reach $92.1 billion, with net income estimated at $51.2 billion and gross margins at 75%, according to S&P Capital IQ. Nvidia is also projected to exceed $100 billion in revenue during the current third quarter, marking its first quarter in 12-digit

Bitdeer released its July 2026 operational update showing the company mined 1,190 BTC in July, up 322% year-over-year, with total dedicated hashpower reaching 81.7 EH/s. In AI infrastructure, Bitdeer's Volta subsidiary signed a $4.7 billion 16-year managed hosting agreement for AI and high-performance computing data centers at the Tydal campus in Norway, with potential total contract value of $8 billion if an 8-year renewal option is exercised; 121 IT MW of the facility will be equipped with Nvi

According to Jin10, on August 26, Iran's President Masoud Pezeshkian stated that further U.S. economic pressure on Iran will not achieve any gains. Pezeshkian said Tehran's current approach is to resolve issues through negotiations, while simultaneously maintaining firm resistance to economic sanctions.