Gate Crypto Flash News and Market Updates

According to Jin10, gold prices fell on Tuesday (August 25) after hitting a three-month high, with traders focusing on upcoming U.S. inflation data and Federal Reserve chair Jerome Powell's speech later this week. The move followed last week's announcement that the U.S. Treasury would double the size of liquidity-support repurchase operations for longer-dated bonds, which initially sparked concerns over dollar weakness.

According to data compiled from Binance, AP News, Korea Exchange, and Yahoo Finance, Bitcoin rose 16.19% over the past six months through August 24, gaining from $67,988 to $78,992, outpacing all major asset classes tracked. Nasdaq gained 12.22%, S&P 500 rose 10.17%, and Korea's KOSPI increased 10.08% in the same period. The Dow Jones Industrial Average gained 7.95%, while gold futures fell 9.68%, making Bitcoin the top performer among the six assets compared.

According to Bloomberg, Hims & Hers Health (HIMS) shares fell 8% on Monday (August 24) after Visa placed the company in its Acquirer Monitoring Program following a surge in credit card disputes. Weight-loss subscriptions accounted for 75% of the disputes. Hims must reduce its dispute rate below 1.5% of transactions and maintain that level for three consecutive months to exit the program, with each dispute now triggering an $8 surcharge. Truist analyst raised Hims' price target to $32 from $27, c

According to Gainscope data, the U.S. Dollar Index rose to 99.04 today, up 0.05% on the day.

According to BlockBeats, FOLD dropped 26.21% to $0.0811 on August 25, bringing its market capitalization to $97.34 million.

According to SoSoValue data, Bitcoin spot ETFs saw total net inflows of $338 million on August 24 (U.S. Eastern Time), marking the sixth consecutive day of net inflows. BlackRock's IBIT led with $209 million in inflows, bringing its historical cumulative inflows to $62.636 billion. Fidelity's FBTC followed with $105 million, reaching $10.28 billion in total inflows.

According to SoSoValue, Ethereum spot ETFs received net inflows of $116 million yesterday (August 24, U.S. Eastern Time). BlackRock's ETHA led with $90.92 million in single-day inflows, bringing its historical total to $12.261 billion. The Ethereum spot ETF ecosystem's total assets under management now stand at $14.739 billion, representing 4.93% of Ethereum's total market capitalization, with cumulative net inflows reaching $12.266 billion.

According to a TRM Labs report on August 25, Iran's Mabna Institute transferred approximately $16.8 million across 30 Bitcoin, Ethereum, and TRON addresses. The related addresses can be traced back to 2018. The institute has been linked to coordinated hacking-for-hire activities allegedly conducted on behalf of Iran's Islamic Revolutionary Guard Corps and other Iranian clients.

According to Lookonchain data, a trader deposited $90,000 into decentralized trading platform Aster and opened a 49 BTC long position at 50x leverage. The position is currently showing unrealized gains of approximately $810,000, representing a return of around 1025%.

According to Devere Group CEO Nigel Green on Aug. 24, U.S. public debt exceeded $40 trillion while the Congressional Budget Office raised its fiscal 2026 deficit estimate to $2.1 trillion, $200 billion above its February projection. Treasury data released Aug. 20 showed total debt at approximately $40.03 trillion, with $32.28 trillion held by the public. The CBO cited weaker tariff collections in revising its estimates higher.

According to Reuters, India plans to issue its first tokenized bond in September, with state-owned power finance company REC issuing bonds valued at up to 5 billion rupees (approximately $57 million). The bond issuance and settlement will utilize blockchain technology, with investors participating through wholesale central bank digital currency (CBDC) wallets and electronic securities wallets developed by India's depositories. The tokenized bond carries an initial three-month maturity, with seco

On August 24, Standard Chartered Bank announced it became the first bank to distribute HKDAP, a Hong Kong-dollar-backed stablecoin issued by Anchorpoint Financial. The London-listed bank will initially provide eligible institutional clients and partners with access to HKDAP, designed to maintain a one-to-one value with the Hong Kong dollar. Standard Chartered Bank (Hong Kong) is Anchorpoint's majority shareholder, while Standard Chartered Trustee (Hong Kong) holds HKDAP's reserve assets in trust

According to Wccftech, Chinese memory chipmaker Yangtze Memory Technologies (YMTC) faces significant constraints in meeting Apple's memory demand for China, with production capacity already booked through 2027 and utilization reaching 95%. YMTC's current monthly output of 200,000 wafers, set to increase to 300,000 by year-end 2026, would only satisfy 6.6% of Apple's estimated annual China-market memory requirement of 600 million GB. Goldman Sachs projects YMTC's memory output will reach 10 billi

According to Yahoo Finance and JPMorgan analyst Harlan Sur, Nvidia's forward price-to-earnings ratio stands at 24 times ahead of the company's earnings report on Wednesday, roughly in line with the S&P 500's 21 times despite Nvidia being one of the fastest-growing U.S. corporations. JPMorgan's report released Monday noted that historical earnings guidance beats of 4% above consensus have failed to drive stock gains, with shares typically declining 3-5% in the 7-30 days following guidance updates

According to Lookonchain, Michael Saylor's Strategy turned from over $9.5 billion in losses to over $4.7 billion in profits within a week as of August 25.

According to PANews, Zhiyue Technology (追觅) announced on August 25 that it is winding down exploratory-stage businesses and consolidating related technical assets and research outcomes into its core operations. The company confirmed its four primary strategic directions: smart home, outdoor gardens, smart mobility, and embodied AI. Zhiyue emphasized that its overall strategic direction remains unchanged and core business operations remain stable.

According to Onchain Lens, Fireblocks Custody transferred $28 million USD1 to Binance over the past 21 hours in three separate transactions: $10 million, $15 million, and $3 million.

According to venture capitalist Tomasz Tunguz (ChainCatcher), the AI infrastructure supply chain demonstrates a cascading bottleneck effect, with constraints transmitting sequentially from GPUs to memory, CPUs, and storage over years of production delays, pushing downstream costs higher. In early 2023, GPU constraints drove H100 rental prices above $9 per hour and reduced server shipments by 22%. Subsequent constraints cascaded to HBM, raising enterprise SSD prices 80% in a single quarter and DR

U.S. stock futures traded mixed late Monday night as investors awaited Nvidia's quarterly earnings report, July's personal consumption expenditures inflation data, and Federal Reserve Chair Kevin Warsh's speech at Jackson Hole scheduled for this week. Dow futures declined 0.04%, while S&P 500 futures gained 0.01% and Nasdaq-100 futures rose 0.07% at 11:03 PM EDT. On Monday's close, the Dow Jones Industrial Average advanced 0.26% to 53,417.16, while the S&P 500 and Nasdaq Composite declined 0.28%

According to Digital Asset's interview, BITSkrieg, a cybersecurity team from India's BITS Pilani K.K. Birla Goa Campus, has qualified for the finals of SCAN 2026, the world's first cryptocurrency tracking competition, advancing among 20 top teams selected from 416 global participants. The finals will be held on September 28 in Seoul. The team comprises four students with expertise spanning blockchain security, digital forensics, binary exploitation, and web vulnerability analysis. BITSkrieg has