Gate Crypto Flash News and Market Updates

According to Kitco, spot gold was trading near $4,657 per ounce, up 1.19%, while spot silver was at $69.160, up 0.43%, on Monday morning. A weaker U.S. dollar, fiscal-risk hedging and ongoing Strait of Hormuz uncertainty supported buying activity despite elevated Treasury yields. Gold is testing the $4,661 resistance level. Key economic data this week include July PCE figures and second-quarter GDP estimates on Wednesday at 8:30 a.m. ET, followed by Fed Chair Kevin Warsh's Jackson Hole speech Fr

According to U.S. Treasury Secretary Scott Benson on August 24, the Trump administration officially launched 'Operation Economic Outcast' to isolate Iran from global financial systems. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) will now impose secondary sanctions on individuals and entities worldwide engaged in Iran trade across five sectors: digital assets, precious metals, aviation, maritime shipping, and advanced technology. Benson warned that any financial institu

According to Foresight News, Ethereum engineer Mislav Javor has joined the nonprofit Ethlabs research lab. Javor has worked in Ethereum development since 2016 and is a two-time startup founder who co-authored "Developers Guide to Ethereum," one of the earliest EVM development resources. He will focus on platform-level work, specializing in account systems and interoperability.

According to Iran's state media Fars News, Iran's economy minister attributed the country's currency devaluation to tensions in the media environment on August 24. The minister stated that the government is working to restore normal conditions in the foreign exchange market.

On Aug 24, U.S. Treasury yields declined significantly during New York's close. The 10-year yield dropped 3.18 basis points to 4.7021%, then refreshed its daily low at 4.6782% at 00:04 UTC. The 30-year yield fell 4.01 basis points to 5.2308%, hitting an intraday low of 5.2056% at the same time.

According to Bitcoin News on X, Bitcoin mining company Bitari Inc. plans to sell 4.3 million shares at $7 per share to raise $30 million and pursue a listing on Nasdaq. The company has announced intentions to conduct an initial public offering (IPO) as part of its growth strategy.

According to Treasury Secretary Scott Bessent, the U.S. Treasury announced new secondary sanctions targeting Iran's digital assets, aviation, gold, and shipping as part of what officials described as an "economic D-Day." Bessent said the measures "broaden secondary sanctions risk for anyone foolish enough to continue conducting business with this regime." The sanctions also included specific digital asset addresses, and the Treasury, State Department, and military are coordinating with global st

According to Stand With Crypto, the Coinbase-affiliated advocacy organization announced Monday that it endorsed 32 candidates for House of Representatives seats in the 2026 midterm elections based on their digital asset policy positions. The organization, which launched in 2023, said its endorsements target "proven digital asset policy champions" and competitive races where Stand With Crypto members are most likely to influence outcomes. Stand With Crypto Executive Director Mason Lynaugh said: "

According to Odaily, Coinbase's team recently built a Slack integration with x402 that allows users to ask agents questions directly in the platform. If a complete answer requires payment, the agent automatically purchases microservices without requiring users to submit budget requests or expense reports, and returns the answer in the same message. The feature only supports micropayments, not subscriptions.

Coinbase's tokenized US stocks went live on Base on Monday, with Chainlink Data Feeds providing continuous pricing for Nvidia, Apple, Meta and Alphabet tokens. The tokens, issued as B20 native assets, are available to non-US users in eligible jurisdictions and held in self-custody wallets with underlying shares custodied by Alpaca. According to RWA.xyz data, the tokenized stocks market has reached $2.48 billion, up 5.2% over the past 30 days, with monthly transfer volume at $27.28 billion and 2.

According to Fars News, Iran's president called on the United States on August 24 to adjust its tone and approach in dealings with Iran, stating that relying on hard pressure and bullying will only complicate implementation processes.

On Monday (August 24), the ICE Dollar Index rose 0.22% to 99.021 at the New York close, trading within a range of 98.762-99.063 points during the session. The Bloomberg Dollar Index gained 0.19% to 1,193.86 points, with an intraday range of 1,190.85-1,194.24 points.

According to ChainCatcher, SpaceX's Falcon Heavy rocket has been loaded with NASA's Roman Space Telescope and is scheduled to launch on Sunday, August 30, from Launch Complex 39A in Florida.

According to Jin10, the U.S. Dollar Index rose 0.2% on August 24, closing at 99.003 in the New York forex market. Major currency pairs moved lower against the dollar: the euro fell to 1.1663 from 1.1683, and sterling declined to 1.3631 from 1.3652. The yen strengthened to 159.19 from 159.02 per dollar, while the Swiss franc rose to 0.8026 from 0.8008, the Canadian dollar to 1.3850 from 1.3761, and the Swedish krona to 9.4973 from 9.4626.

According to Bloomberg and CBOT data, on August 24, CBOT corn futures rose 1.28% while soybean oil futures fell 3.16% during New York close. CBOT soybean futures declined 1.23% to $12.2550 per bushel, whereas soybean meal futures gained 0.80%. Wheat futures increased 0.21%, lean hog futures rose 0.31%, and live cattle futures fell 1.97%.

According to FinanceFeeds, Standard Chartered Bank (Hong Kong) has become the first bank authorized to distribute HKDAP, Hong Kong's regulated local-currency stablecoin, connecting the token to institutional banking and corporate operations. The bank plans to integrate HKDAP into settlement for tokenized money market funds, intragroup treasury transfers and cross-border payments, with rollout starting in the fourth quarter. HKDAP began Beta Access on August 12 with 522,000 tokens in circulation

According to CBS citing informed sources, Pakistan Army Chief Asim Munir spoke with U.S. President Donald Trump today before arriving in Tehran to meet Iranian officials. Munir is considered a key mediator between the U.S. and Iran amid Trump's planned sanctions. Pakistani authorities told CBS the visit aims to advance regional peace and stability.

According to a Reuters/Ipsos poll, U.S. public support for war with Iran has fallen to 31%, marking the lowest level since the conflict began.

According to Jin10, U.S. Treasury Secretary Bessent stated on August 25 that the Treasury has not yet purchased any bonds under its expanded long-term debt buyback program, with operations set to begin on September 9. The Treasury previously announced an increase in buyback amounts, raising the minimum from $2 billion to $4 billion per operation through November 4. When asked whether further expansion was planned, Bessent said, "We haven't bought a single bond yet; the next operation starts Sept

According to Jin10 Data, on August 25, Treasury Secretary Bessent announced an expansion of long-term Treasury repurchases, raising the minimum amount per operation from $2 billion to $4 billion starting September 9 through November 4. When asked whether repurchases would expand further, Bessent stated, "We haven't bought a single bond yet; the next operation comes on September 9." The remark marked a shift from earlier hints that repurchase volumes might exceed the newly set floor, signaling a