Gate Crypto Flash News and Market Updates

According to Financial Times, Tehran's gas stations were crowded with long queues on August 25 as Iran faces severe fuel shortages. The country's state-run energy optimization agency warned that Tehran is experiencing a critical oil deficit, with current gasoline supplies falling 15 million liters short of the daily requirement of 135 million liters. Each vehicle is restricted to purchasing 20 liters per fill-up, forcing drivers to make repeated trips. U.S. sanctions on Iranian fuel imports are

Bybit Alpha's on-chain liquidity pools saw yields climb sharply as SOL and gold prices recovered recently. The SOL-USDC pool's APR exceeded 200%, while the XAUt0-related pool reached 69% APR. Popular token pools for HYPE and MON exceeded 80% APR, according to on-chain data.

According to Bloomberg, Chinese-linked hacking groups have more than doubled their attack operations after incorporating DeepSeek and other open-source AI models into their activities, according to research by Taiwan-based TeamT5. The groups are using AI to automate routine tasks and develop more sophisticated malware. DeepSeek has become particularly popular among Chinese hackers due to its high performance and customization capabilities, researchers said. Experienced attackers are leveraging t

According to BNB Chain's Tuesday post, BNB Smart Chain (BSC) activated the Pasteur hard fork on its mainnet, combining three proposals to strengthen bridge security and increase block capacity. The upgrade implements BEP-682 to prevent duplicate validator entries in cross-chain verification, BEP-695 to tighten validator key rotation and governance controls, and BEP-675 to optimize block submission, allowing builders to submit pre-executed blocks for faster validation. Tests on BSC's internal QAN

According to Jin10, on August 24, Mongolia's Ministry of Industry and Mineral Resources met with approximately 30 Chinese mining enterprises operating in the country to address fuel supply challenges. The ministry aims to increase fuel imports from China to 30% of domestic consumption as part of broader efforts to diversify petroleum product imports. Minister Gung Damdinnym emphasized that reliable fuel supply is critical to mining sector stability and requested cooperation from China's National

According to Jin10 data, the Australian dollar hovered below an 11-week high on August 25 following the Reserve Bank of Australia's latest policy meeting minutes, which revealed policymakers are closer to a rate hike than markets previously believed. The August minutes showed that several committee members deemed monetary tightening necessary given upside inflation risks; however, the board ultimately held the cash rate steady at 4.35%, noting that employment, inflation, and growth data due befo

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