Gate Crypto Flash News and Market Updates

According to The Information, on August 31, OpenAI and other artificial intelligence labs have purchased tens of thousands of Mac mini and Mac Studio devices for AI agent training and reinforcement learning. The report notes that OpenAI urgently needs additional units. Separately, Anthropic is renting Mac mini devices from Amazon Web Services, with some startups also building Mac-only cloud services in preparation for increased demand for Apple hardware.

According to Goldman Sachs on August 31, the bank raised its diesel production margin forecast more than twofold, citing Middle East tensions and the Russia-Ukraine war that are tightening global refining markets. Refinery outages are currently 60% above seasonal normal levels, while finished fuel inventories continue to decline. Goldman Sachs now projects average U.S. diesel margins relative to Brent crude at $63 per barrel next year, up from its prior forecast of $27, while EU margins are fore

According to Guru Club, on August 31, para-xylene (PX) futures contracts rose 4% intraday to 8,360 yuan per ton.

According to Goldman Sachs (via Jin10), on August 31, the bank raised its profit forecast for diesel production by more than double, citing increased attacks on refineries in the Middle East and Russia that are tightening the global refining market. Goldman Sachs now predicts that refining one barrel of diesel relative to Brent crude will generate average profits of $63 in the U.S. and €49 in the EU next year, up from prior forecasts of $27 and €19 respectively. The bank's analysts noted that cu

According to Jin10, the 19th China-EU Investment Trade Technology Cooperation Fair will be held October 21-23 in Chengdu's China-Europe Center. The event, themed "Dialogue, Cooperation, Mutual Benefit," is expected to attract government officials, businesses, and trade associations from over 20 European countries, along with representatives from multiple Chinese provinces and enterprises.

China Chamber of Commerce and Industry announced on August 31 that it issued 736,400 certificates in July, including certificates of origin and commercial certifications. Preferential certificates of origin reached $109.24 billion in transaction value, up 24.77% year-over-year. Non-preferential certificates totaled $323.32 billion with 7.38% growth, while RCEP certificates of origin hit $8.73 billion, up 16.81% compared to the same period last year.

According to China Council for Promotion of International Trade, its arbitration and maritime arbitration commissions received over 289 arbitration cases involving Belt and Road countries in the first seven months of 2026, with a combined value of 20.815 billion yuan. The council has signed cooperation agreements with 69 international dispute resolution institutions from 44 co-construction countries, and its mediation system handled nearly 300 mediation cases during the same period.

According to Jin10 Data, on August 31, U.S. President Donald Trump announced plans to campaign for Republican congressional candidates this fall with the same intensity as his 2024 presidential campaign. In an interview on Fox News' "America's Newsroom," Trump acknowledged that governing parties typically lose seats in midterm elections but expressed confidence that Republicans would perform well. Republicans currently hold majorities in both the U.S. House and Senate.

According to fileAI, the Singapore-based enterprise AI startup received undisclosed investment from SMBC Asia Rising Fund and Singtel Innov8 on August 31. The funding will support the company's expansion in Japan and strengthen its capabilities for financial services clients. FileAI also introduced fileScout, an AI-native tool designed for unstructured data mapping in enterprise workflows.

According to Barclays, the Federal Reserve is expected to raise interest rates by 25 basis points in both September and December 2026. The forecast represents a shift from the bank's prior prediction, which anticipated rates would remain unchanged.

According to the China Council for the Promotion of International Trade, the global trade friction index reached 102 in June 2026, marking a high level. Trade friction measures involving amounts rose 2.4% year-over-year and 11.8% month-over-month. Among 13 major industries monitored, electronics, chemicals, pharmaceuticals, and machinery sectors faced the most trade friction tensions, with the electronics industry recording the highest index.

According to Jin10, the Japanese yen fell below the 160 mark against the U.S. dollar on August 31, exposing further weakness and raising the likelihood of Bank of Japan intervention. Strategists warned that key resistance levels likely sit near 161, followed by 162.9 to 163.3, where authorities conducted their last intervention. Rinto Maruyama, a senior rates and FX strategist at Nomura Securities, noted that "161 is the first level to watch." However, the yen has already erased more than half t

According to Jin10, Hong Kong's HKD overnight interbank offered rate rose to its highest level since December 2024 on August 31.

According to BlockBeats, Fed Chair Kevin Warsh delivered his maiden speech at the Jackson Hole Global Central Bank conference on August 31, emphasizing inflation control as the priority despite limited disinflation progress. Warsh highlighted that U.S. consumer spending, business capital expenditure, and financial markets remain resilient with unemployment at 4.1%, yet PCE inflation stands at 3.7%, well above the Fed's 2% target. He stated that policy makers' key task is ensuring prices decline

According to BlockBeats and TradingBeats data, on August 31, whale "Top US Stock Winner" exited its HYPE positions, with contract longs declining from approximately 152,800 coins to 11.82 coins, and spot holdings reduced to approximately 3,749 coins. The whale has shifted its main exposure to U.S. equities, establishing a 20x leveraged long position of 112,800 NVDA contracts worth approximately $24.495 million at an average entry price of $220.08. At current NVDA price of $217.15, the position s

According to Islamic Revolutionary Guard Corps statement, the force downed a U.S. MQ-9 remotely piloted aircraft over the Strait of Hormuz earlier today, with the drone crashing into the Persian Gulf.

According to Bitcoin.com, Coinbase and Better this week launched Bitcoin-backed mortgages, allowing qualified homebuyers to borrow against bitcoin holdings to cover down payments while maintaining standard Fannie Mae loans. The product announcement follows a waitlist period indicating over $260 million in demand.

According to Jin10, iFlytek will open-source two edge-side Spark X2.5 models (4B and 1.7B parameters) on September 1, both supporting 1M-token context windows and enhanced capabilities in agent systems, mathematics, and general reasoning. These models will support autonomous vehicles, smart hardware, and IoT applications. On September 7, iFlytek will formally launch the Spark X2.5 (293B) base model, further upgrading code generation and agent functionalities.

According to the Bank of Korea, consumption in high-exposure semiconductor regions increased approximately 4% above the national average in the first half of 2026, the central bank reported on August 31. The bank's report titled 'BOK Issue Note: Consumption in Semiconductor-Benefit Regions' attributed the growth to increased bonuses paid by semiconductor manufacturers, with high-value discretionary spending such as automobiles driving demand in areas including Icheon, Hwaseong, and Cheongju. The

According to NASA, the Nancy Grace Roman Space Telescope launched successfully on Sunday morning, with NASA Administrator Jared Isaacman announcing during the post-launch news conference that U.S. President Trump had called to congratulate the team. Trump spoke through Isaacman's phone to reporters and NASA officials, saying "I just want to thank everybody, and congratulate you. Boy, it looked beautiful on television."