Gate Crypto Flash News and Market Updates

According to a statement from the Ukrainian Armed Forces General Staff on Telegram, Ukrainian forces struck Rosneft's oil refinery in Saratov overnight on August 1, igniting a fire at the facility. The statement also confirmed that Ukrainian military carried out simultaneous attacks on Engel's airbase in the Saratov region, located approximately 730 kilometers (450 miles) southeast of Moscow.

According to Pakistani police, an explosion occurred near a police station in Khyber Pakhtunkhwa province on August 2, killing at least 14 people and injuring 26 others.

According to Ripple SVP Jack McDonald, the company's RLUSD stablecoin saw significant momentum in July with the launch of Ripple Mint, a unified platform enabling institutions to mint, redeem, and manage RLUSD through a single dashboard or API. The platform targets banks, payment providers, fintechs, and corporate treasury teams to streamline stablecoin issuance and liquidity management. Ripple also expanded RLUSD's global reach through new exchange listings on Mobee, Korbit, Upbit Global, and B

According to Jin10, Hamas's Izz ad-Din al-Qassam Brigades leader Nafi Sabieh was killed in an Israeli airstrike targeting a vehicle in Gaza today (August 2).

According to Hyperinsight, on August 3, trader Loracle on Hyperliquid added to short positions in HYPE and ETH. The HYPE short position is valued at $23.5 million with an opening price of $52.73, while the ETH short position is valued at $23.4 million with an opening price of $1,845.1.

According to Reuters and Japanese media reports, the U.S. and Japanese governments jointly intervened in foreign exchange markets from July 30 to August 1, purchasing yen and selling dollars to combat yen depreciation. The yen strengthened from 163 per dollar to 157 per dollar within 50 minutes on July 30. Japan's estimated intervention scale reached 6 to 7 trillion yen (approximately 55-64 trillion Korean won). South Korea also reinforced its foreign exchange market monitoring and intervention

According to reports from the UK on August 1, UEFA demanded FIFA President Gianni Infantino resign and said it would initiate a no-confidence vote if he refuses. UEFA controls 55 member associations; a no-confidence motion requires support from 43 of FIFA's 211 member associations to trigger a recall process.

Netanyahu's office stated on recent communications that it has conveyed serious concerns to the United States regarding a Hamas disarmament proposal. According to the office, Israeli intelligence assessments indicate that Hamas is determined to strengthen its military capabilities.

According to CoinGlass, crypto markets experienced $273 million in liquidations over the past 24 hours (August 1–2), with long positions accounting for $186 million and short positions for $86.4 million. A total of 70,865 traders were liquidated. Bitcoin liquidations reached $59 million, while Ethereum liquidations stood at $95.1 million during the same period.

According to Hong Kong police statistics released August 2, authorities received 25 investment fraud cases involving online romance between July 24-30, with total losses approaching HK$70 million. In one major case, a 50-year-old insurance employee was deceived by someone posing as a car dealer into investing in virtual currency, resulting in losses exceeding HK$26 million. Police warned investors to be cautious of investment recommendations made through social platforms, particularly offers inv

According to ChainCatcher, citing Hong Kong media reports, Hong Kong law enforcement received 25 investment fraud cases involving romance scams during July 24-30, with total losses approaching HK$700 million. In one major case, a 50-year-old insurance professional was deceived by a romance contact posing as a car dealer into investing in cryptocurrency, resulting in losses exceeding HK$26 million.

Saudi Arabia's benchmark index closed up 1.10% on Sunday, August 2, finishing at 10,705.87 points, according to Saudi Exchange data. The market initially opened higher but declined before rallying sharply on weekend headlines regarding Middle East tensions. Saudi Aramco gained 0.38%, closing at 26.58 Saudi riyals.

Silver prices broke through $53 per ounce on August 2, with intraday gains of 1%.

According to Wall Street Journal, Gulf states have expressed frustration with the lack of a U.S. strategy against Iran, as their territories face frequent attacks from Iran amid ongoing regional tensions. The Gulf allies have recently requested more air defense interceptors from the United States and sought assurances that U.S. military forces will protect them during potential confrontations. However, regional positions vary; the United Arab Emirates and some other states have been urging the T

According to analyst AntiFragile, on August 2, Bitcoin's order book displays substantial buy support concentrated between 2% and 20% below current price, with these orders dating back to early June. The accumulated buy orders suggest long-term investors are positioned for potential price pullbacks rather than chasing upside moves.

Over the past three months, Japan reduced its U.S. Treasury holdings by $96 billion, bringing total holdings to $1.14 trillion, the lowest level since April 2025, according to market sources.

According to Executive Chairman Michael Saylor, on Saturday Strategy maintained its preferred STRC dividend at 12% for August despite the shares closing at $89.46 on Friday, significantly below the $100 par value. The 5.42% monthly price increase still leaves STRC investors with holdings valued well below face value. Strategy has built a $3.75 billion cash reserve to support preferred stock dividend payments following the launch of its Bitcoin monetization program. The company said the reserve c

According to Youanalyze, U.S. stock markets face two critical tests this week. Over 25% of S&P 500 companies will report second-quarter earnings, while the July non-farm payroll report due August 7 is expected to significantly influence investor expectations on a potential Fed rate hike in September. The market consensus expects 83,000 new jobs added in July and a 4.3% unemployment rate. If employment beats expectations, investors may renew bets on a September rate hike, with futures markets cur

According to Jin10, Armenian President Hayk Khachaturyan signed a decree on August 2, appointing Nikol Pashinyan as Prime Minister. Pashinyan secured reelection to his position.

According to Odaily, Stacks co-founder Muneeb shared lessons from the Coldcard wallet security incident, recommending a diversified bitcoin storage strategy: 20-30% in Bitcoin ETFs for professional custody and regulatory protection; 40-50% in multi-signature solutions like three-key setups with keys distributed across security firms, mobile devices, and hardware wallets; and 20-30% in self-managed solutions combining different hardware wallets. Muneeb also warned that quantum computing breakthro