Gate Crypto Flash News and Market Updates

According to Xinhua News Agency, Iceland Prime Minister Frostaethir announced on August 30 that the government will not pursue further negotiations on joining the European Union during the current term, respecting the results of a national referendum.

According to President Trump's statement on August 30, the U.S. aims to refill its Strategic Petroleum Reserve (SPR) using Venezuelan crude oil. The SPR has fallen to 290 million barrels, its lowest level since 1982. According to the Wall Street Journal, the U.S. government is pursuing a 35% stake in North American Blue Energy Partners (NABEP), which operates 17 Venezuelan oilfields holding approximately 65 billion barrels of reserves. The agreement also grants the U.S. priority purchase rights

German Chancellor Friedrich Merz recently addressed defense spending, stating the military has not met required standards due to a 15-year investment shortfall. Merz emphasized Germany must strengthen its defense capabilities, citing the need to close gaps left by decades of underinvestment in national security.

According to Jin10, ahead of the September Fed meeting, swap traders are pricing in over 50% odds of a rate hike following Powell's emphasis on disinflation commitment on August 31, but major bond investors including ING Investment Solutions and Brandywine Global Investment Management remain skeptical. The U.S. two-year Treasury yield posted its largest gain in over two months amid the rate hike bets. Christoph Boucher, chief investment officer at ING, said Powell's rhetoric alone is insufficien

According to Swedish Tax Agency decisions and company disclosures, Northern Data AG and HIVE Digital have faced proposed VAT assessments totaling €28 million and €20 million respectively in relation to cryptocurrency mining activities at their Swedish facilities. HIVE recorded an $84.7 million provision for disputed VAT, tax supplements and interest as of June 2026, following unfavorable rulings by Swedish administrative courts. Both companies have explicitly linked operational shifts to the tax

According to Axios, U.S. military forces struck two Iranian missile launchers on Larak Island on Sunday earlier. U.S. officials disclosed the operation.

According to Anatoly Popov, deputy chairman of Sberbank, the bank plans to accept Bitcoin, Ether, and Tether as collateral for loans, following Russia's new cryptocurrency regulations taking effect on Sept. 1. Popov disclosed the lending plans in an Aug. 28 interview with TASS ahead of the Eastern Economic Forum. The expansion follows the Bank of Russia's approval of the three assets for public exchange trading. Sberbank conducted its first crypto-backed loan pilot in December 2025 with Intelion

According to ChainCatcher, Revolut has launched staged tests of EURR, a euro-denominated stablecoin, in Denmark, Poland, and Portugal. The stablecoin operates on Ethereum and is issued by Bridge, a subsidiary of Stripe. Meanwhile, the European Central Bank emphasized that the digital euro will feature strong privacy protections, with offline transaction data known only to the parties involved and online transactions not directly traceable to individuals by the Eurosystem.

According to Bitcoin.com, Bitcoin hit $78,960 on Sunday and gained 1.5% as buyers challenged the $79,000 resistance zone, with traders targeting $81,000 next. BTC was trading at $78,650 at 10:10 a.m. Eastern time and has risen 1.8% over the past seven days and 23.5% since July 30. Coinglass data showed $75.71 million in crypto liquidations over the past day, with Bitcoin liquidations accounting for $21.84 million. Bitcoin's open interest stood at $54.83 billion.

MicroStrategy CEO Michael Saylor posted "We're Back" on X, signaling the company's likely resumption of Bitcoin purchases after a two-month hiatus. Strategy paused its weekly Bitcoin accumulation in recent months amid market challenges and instead focused on strengthening its balance sheet through stock offerings and building cash reserves. With Bitcoin now trading above $80,000 and Strategy holding 840,447 BTC at an average cost basis of roughly $75,385, the company's largest-in-industry Bitcoi

According to Bitcoin.com News, Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), posted a cryptic message on X on Aug. 30 hinting at a potential renewed bitcoin purchase. The message read "We're ₿ack," referring to the company's 840,447 BTC holdings valued at $65.72 billion. Strategy had paused bitcoin transactions for two consecutive weeks through Aug. 23. The company currently holds $1.59 billion in USD Cash, which may finance future bitcoin acquisitions or other corporate tr

Chainlink added nine new integrations spanning five of its core services and five blockchain networks on August 30, continuing a pattern of weekly infrastructure expansion. Eight platforms participated, including major names Coinbase and Robinhood Crypto. The integrations span Chainlink's Data Feeds service, which delivers real-world price data to smart contracts, and its Cross-Chain Interoperability Protocol (CCIP) for cross-chain asset transfers. Participating platforms plan to use these capab

According to Fortune, the global economy has shown resilience six months into the ongoing US-Iran conflict, despite continuous military and economic tensions involving the United States, Israel, and Iran. Prediction markets suggest modest optimism regarding a potential U.S.-Iran deal in 2026, with Iran Reconstruction Funding trading at approximately 11% YES, reflecting perceived stability that could support diplomatic progress. Key actors in potential negotiations include U.S. President Donald T

According to the Depository Trust & Clearing Corporation, on July 15, 2026, its subsidiary DTC successfully converted eligible U.S. Treasuries and equities into tokenized digital assets, with BitGo Bank & Trust serving as the OCC-regulated qualified custodian responsible for onchain settlement and asset movement. Over 30 institutions, including BlackRock, Goldman Sachs, and J.P. Morgan, participated in the pilot focused on repo and reverse repo workflows. BitGo is the only OCC-regulated full-ser

Pump.fun's mobile app recently crossed $50 million in daily trading volume and 905,000 daily transactions, up from $250,000 in volume and 2,500 transactions when it first launched. The Solana-based memecoin launchpad has accumulated $214 billion in lifetime trading volume and attracted approximately 80 million unique wallets since its April 2024 debut.

According to Bloomberg, ECB Executive Board member Isabel Schnabel stated on August 28 that central bank money must be tokenized onchain, arguing that stablecoins lack the capacity to rapidly expand liquidity during financial stress. The ECB's Project Pontes, launching in September 2026, will synchronize the ECB's TARGET Services payment infrastructure with DLT platforms operated by market participants. The project is designed to eventually support settlement finality directly on a Eurosystem-op

According to NBC News, U.S. Treasury Secretary Bessent and Federal Reserve Chair Vohs arrived in Asheville today to attend the Group of 20 finance ministers summit. The two officials departed together from Andrews Air Force Base.

According to Russian Presidential Spokesman Peskov, on August 30, the trilateral meeting between Putin, Trump, and Zelenskyy can only take place once existing agreements are finalized. Peskov emphasized that the Ukraine agreement is not a "raw deal" but a complex process involving numerous details. He also stated Russia remains open to negotiations but currently lacks the prerequisite conditions for such talks.

According to the Al Jazeera report citing Yemen's Armed Forces Media Center, the country's government navy intercepted a shipment of Iranian military components and equipment destined for Houthi forces in the Red Sea on August 24. Footage released by the authorities showed the cargo included parts used for manufacturing and developing unmanned aerial vehicles. Yemen's government forces also conducted a preemptive strike in the Red Sea, destroying an unmanned surface vessel operated by Houthi fig

According to Libya's Foreign Ministry, on August 30, Syria's interim Foreign Minister Hibani met with Libya's Acting Foreign Minister Tahir Baul in Tripoli. Following the meeting, Syria's embassy in Tripoli resumed operations after 14 years of closure. The two sides discussed strengthening bilateral coordination and launched procedures for the Libya-Syria Joint Supreme Committee to enhance cooperation in economic and other sectors.