Gate Crypto Flash News and Market Updates

According to an SEC 8-K filing on Monday, Strategy sold approximately $2 billion in MSTR shares between August 17 and 23 but made no bitcoin purchases during the period. Of the net proceeds, $136.4 million were used for preferred stock repurchases, $300 million increased the USD reserve to $5.1 billion, and the remaining $1.59 billion established a new 'USD Cash' liquidity pool for future deployment including potential bitcoin acquisitions, dividend payments, and securities repurchases. Strategy

According to on-chain analyst Yuchen, a whale deposited 8 million USDC to Hyperliquid half an hour ago and subsequently opened long positions worth 71.8 million in Bitcoin and Ethereum. The whale opened 600 Bitcoin at an entry price of 78,032 USD, valued at 46.94 million, and 10,000 ETH at 2,479 USD per token, valued at 24.89 million.

According to Greek media, Greece deployed a U.S.-made Patriot air defense system to Souda military base on the island of Crete overnight on August 23. The system, previously stationed on Karpathos island, will help protect the base, which regularly hosts U.S. military operations.

According to Tesla's announcement on X, the company will unveil its Cybercab, a self-driving vehicle designed specifically for its robotaxi service, on September 3 in Austin, Texas. Unlike current robotaxi vehicles based on modified Model Y units, the Cybercab features no steering wheel or brake pedal, having been designed from inception for fully autonomous operation.

On Aug. 24, Brent crude futures fell 1.3% to $93.16 a barrel and U.S. West Texas Intermediate crude dropped 1.6% to $85.70, pulling back after both benchmarks gained over 5% last week, as traders took profits ahead of expected new U.S. sanctions on Iran. Fewer than 20 commodity vessels crossed the Strait of Hormuz over the weekend, with AIS-detected traffic remaining about 90% below pre-conflict levels, according to shipping data reported by Reuters, keeping oil supply disruption risks elevated.

According to Strive's 8-K filing with the SEC, the company purchased 1,110 BTC from August 17-21 at an average price of $73,409, marking a significant increase from the prior week's acquisition volume. As of August 21, Strive's cumulative BTC holdings reached 21,356, along with 505,000 shares of Strategy STRC preferred stock valued at approximately $48.57 million and approximately $171.9 million in cash.

According to ChainCatcher, blockchain detective ZachXBT's investigation identified a French cybercrime suspect using the alias M1llionz (RichMilly666) laundering proceeds from two violent robberies totaling approximately $667,000. The robberies occurred in April 2026, with 7.2 BTC (worth $557,000) stolen on April 17 and approximately $110,000 in crypto assets on April 20. ZachXBT traced part of the funds through Chainflip cross-chain transfers to multiple KuCoin deposit addresses. Following repo

According to CoinDesk, Standard Chartered Bank, with $850 billion in assets, became the first bank to distribute Hong Kong-regulated stablecoin HKDAP on Monday. The bank will help eligible institutional clients integrate HKDAP, issued by Anchorpoint Financial, which it holds a majority stake in. Anchorpoint launched HKDAP with limited availability on August 12 after obtaining one of Hong Kong's first two stablecoin issuance licenses in April. Standard Chartered plans to introduce multiple commer

According to Strategy's SEC 8-K filing, the company made no bitcoin purchases during August 17-23, maintaining its holdings at 840,447 BTC with a total cost basis of approximately $63.36 billion and an average price of around $75,385 per bitcoin. During the same period, Strategy sold 18.26 million shares of MSTR common stock through its ATM program, raising net proceeds of approximately $2.007 billion. The company allocated $136.4 million to repurchase Series C preferred stock and $300 million t

According to a joint statement released on August 24, Chinese President Xi Jinping and Jordanian King Abdullah II concluded state visit talks from August 18-24, during which the two leaders witnessed the signing of multiple agreements and memoranda of understanding to strengthen bilateral cooperation. Both countries emphasized maintaining the ceasefire between the U.S. and Iran through dialogue and negotiations, and stressed the importance of ensuring normal passage through the Strait of Hormuz

On the evening of August 24, Shanghai Gold Exchange's gold T+D contracts rose 0.62% to 1,006 yuan per gram at the opening of the night session. Silver T+D contracts climbed 0.68% to 16,750 yuan per kilogram during the same period.

On Aug. 21, Robinhood (HOOD) stock closed at $108.13, gaining 13.7% in a single session and 16% over five trading days, driven by a rebound in cryptocurrency markets as Bitcoin surged above $77,000 amid improved sentiment toward U.S. crypto legislation. The gains were supported by strong financial performance, with Robinhood reporting record Q2 2026 revenue of $1.31 billion, up 32% year-over-year, and diluted earnings per share of $0.62, up 48%. Transaction revenue climbed 44% to $776 million, w

According to Freddie Mac data, U.S. 30-year fixed mortgage rates remained at 6.65% on Aug. 24, 2026, while daily lender data ended the prior week at 6.77%. The 30-year rate declined from 6.67% a week earlier, marking its second consecutive weekly decline, and the 15-year fixed rate edged down to 5.95% from 5.96%. The current 30-year rate of 6.65% sits only 0.07 percentage point above the 6.58% average recorded during the comparable week last year. Mortgage Bankers Association data showed total m

According to the company announcement, Suiyuan Technologies (688801.SH), one of China's leading domestic GPU developers, filed its initial public offering application on the Shanghai Stock Exchange (Sci-Tech Innovation Board) on September 2. The company plans to issue 43.035 million shares, representing 10% of the post-issuance share capital.

According to HyperliquidNews, Hyperliquid generated $21.449 million in total revenue this week (ending August 24), with $19.33 million from trading fees, $671,000 from priority fees, $1.04 million from HyperEVM gas fees, and $408,000 from auctions. All revenue is used for repurchasing and burning Hyperliquid's native token.

According to Odaily and Gate trading data, Direxion Semiconductor 3x Inverse ETF (SOXSG) rose 2.82% in 24 hours, leading gains among Gate gStocks stock tokens on August 24. Coca-Cola (KOG) and Eli Lilly (LLYG) followed with 24-hour gains of 0.81% and 0.70%, respectively.

According to Odaily, the U.S. 10-year Treasury yield fell 4 basis points to 4.70% today as government bonds extended gains. Nasdaq 100 index futures narrowed losses to 0.4% from 0.8% earlier.

According to PANews, Strategy's USD reserves increased by $1.885 billion to $6.685 billion on August 24.

According to PANews, Bloomberg senior ETF analysts Eric Balchunas and James Seyffart announced on August 24 their co-authored book 'Both Sides of the Coin,' now available for preorder. Published by Pan Macmillan on November 10, the book targets both traditional finance investors and crypto-native users, offering a balanced perspective on Bitcoin and cryptocurrency assets in the ETF era. Topics covered include monetary devaluation and debt, Bitcoin versus gold as value stores, Bitcoin's portfolio

Nevada's regulatory authority recently approved Tesla to deploy up to 5,000 Robotaxis over the next 12 months, marking a significant expansion of the company's autonomous ride-hailing service in the state.