Gate Crypto Flash News and Market Updates

According to Palestinian Deputy President's recent statement, Hamas will not participate in elections under its own name and will not become part of the government, as outlined in U.S. President Donald Trump's plan.

Solana is testing the critical $96-100 resistance zone this week, marking its strongest weekly advance in months and producing its first green weekly momentum signal. A confirmed breakout above $100 could expose upside targets at $116, $137, and $164, with bulls targeting $200. If Solana fails to close above the $96-97 resistance, it could retreat toward $80 and the June base near $66.

Palestinian Vice President reaffirmed on August 22 that the decision to hold legislative elections in November 2027 will not be changed.

According to Newsmax host Carl Higbie's Aug. 20 interview with Vice President JD Vance, Vance did not directly address XRP when asked whether a national cryptocurrency reserve could help offset U.S. debt. Higbie referenced President Trump's March 2025 proposal to include XRP, bitcoin, and other digital assets in a strategic reserve and asked if the government planned to use those assets against the national debt, which exceeded $40 trillion in August. Vance instead discussed a proposed sovereign

According to Reuters, Brent crude closed at $94.39 per barrel Friday, gaining 6.4% during the week, as oil markets braced for new U.S. sanctions on Iran set to be announced Monday. West Texas Intermediate closed at $87.06, recording a weekly increase of 5.7%. Treasury Secretary Scott Bessent is expected to disclose a comprehensive sanctions package targeting Iranian oil sales, shipping networks, and financial institutions. Shipping through the Strait of Hormuz has collapsed in advance of the ann

According to CCTV International, Iran's Joint Chiefs of Staff Commander Abdullah inspected an underground defense industrial production facility today (August 22), stating the sector achieved notable progress in production speed and quality over the past year. He noted that Iranian defense industries have produced equipment with improved performance and higher quality, with output significantly exceeding previous levels.

According to China's National Immigration Administration, as of August 20, Kyrgyzstani and Vietnamese citizens holding ordinary passports can enter China visa-free from 65 designated ports for transit to third countries, with authorized stay not exceeding 240 hours. The policy now applies to 57 countries. On the first weekend since implementation, multiple Vietnamese tourists arrived in Guangxi and Shandong provinces.

Samsung Electronics' subsidiary GlaSSEM faces delays in scaling glass substrate production as customer reliability testing encounters challenges, with mass production now targeted for 2028 or later, according to supply chain sources reported in late August. The joint venture, established with Japan's Sumitomo Chemical subsidiary, initially planned equipment procurement in late 2025 but has postponed orders multiple times. Meanwhile, Intel and Corning-supplier Corning have pushed forward TGV (thr

According to BlockBeats, ARK Invest founder Cathie Wood stated on August 22 that Bitcoin is preparing for a major price rally and reiterated her $1.5 million price target for the asset. Wood has consistently held this long-term outlook despite early skepticism from the broader market. She attributes her bullish Bitcoin thesis to three core pillars: institutional adoption, fixed supply, and Bitcoin's evolution as a genuine digital store of value. Additionally, Wood has previously cited U.S. gover

At a campaign rally in South Carolina on August 21, U.S. President Trump reiterated that the Strait of Hormuz is now American territory, stating: "In my view, the Strait of Hormuz is now U.S. territory, and it is U.S. territory." Trump added that the U.S. must prevent Iran from developing nuclear weapons. He also stated that Iran is very eager to reach an agreement but the U.S. is uncertain whether it actually wants a deal. On the same day, Trump denied instructing Treasury Secretary Bessent to

According to XRP Ledger dUNL validator Vet, Ripple's RLUSD stablecoin has surpassed $2 billion in market capitalization. Described as the fastest-growing stablecoin regulated by the New York Department of Financial Services (NYDFS), RLUSD has grown significantly since its December 2024 launch. Nearly $1 billion of RLUSD is currently circulating on the XRP Ledger, with additional deployment across Ethereum and other blockchains, expanding Ripple's stablecoin infrastructure across multiple ecosyst

According to Korean Central News Agency (KCNA), on August 22, the agency published commentary criticizing Japan's plan to request a record-high defense budget for fiscal 2027. KCNA accused Japan of using "defense" and "self-defense" as cover for military expansionism, stating the region will not tolerate threats to global peace and security.

According to ChainCatcher, citing Factblock CEO Andrew Park, South Korea's Financial Commission has proposed a framework to open enterprise virtual asset accounts to approximately 3,500 listed companies and registered professional investors. The South Korean National Assembly has formally passed amendments to the Electronic Securities Act and Capital Markets Act, bringing tokenized real-world assets and security tokens under a unified legal framework. The central bank has completed initial trial

According to ChainCatcher, HumidiFi discovered a security incident affecting its internal network systems, with impact limited to its own funds. The platform stated that customer and third-party assets remain unaffected. HumidiFi has halted trading and will release further updates upon completing its investigation.

According to CryptoBriefing, OpenAI acquired InstantDB, a real-time database platform serving over 17,000 users and 400,000 applications that processed approximately 2.5 billion transactions, on August 22. InstantDB provides backend-as-a-service (BaaS) products for developers to handle real-time data synchronization. The company's team will join OpenAI to strengthen the infrastructure for AI agents, which require persistent state management, real-time data read-write capabilities, and concurrent

According to Jin10, on August 22, Ukrainian drones struck an Ozon logistics hub in Samarastate's Chapayevsk for the first time, triggering a major fire at the 135,000-square-meter facility. Ozon confirmed the attack and suspended operations indefinitely, removing affected products from its platform. On the same night, drones also struck a nearby oil refinery in Novokuibyshevsk.

According to BlockBeats citing Alternative data, the Crypto Fear & Greed Index hit 71 today (Aug 22), approaching pre-1011 crash levels. The index was 72 yesterday. Over the past year, the highest reading of 74 was recorded on Oct 5, 2025.

According to Bitcoin.com, on August 22, Grayscale research head Zach Pandl analyzed the SEC's proposed Regulation Crypto Assets, suggesting Ethereum, Solana, and BNB Chain could be major beneficiaries. The proposal sets two exemption pathways: projects raising under $5 million can skip registration for four years, while those raising under $75 million can do so for one year. Pandl noted that tokenized fundraising has been hindered by regulatory ambiguity; if the new rules spur issuance activity,

According to TradingBeats, on August 22, the on-chain HYPE whale holding the largest leveraged long position accumulated unrealized gains of $53.26 million on a 5x leveraged long of 1.38 million HYPE tokens, as the token reached fresh all-time highs. The address has paid $4.9 million in funding fees for this position. The whale opened a $40 million, 5x leveraged HYPE long approximately 5 hours before Robinhood announced spot HYPE trading on October 23, 2025, prompting community speculation about

According to TechCrunch, space computing startup Starcloud completed a $250 million Series funding round on August 22, with Manhattan West Ventures leading the round and Nvidia, Cisco, Benchmark, and EQT participating. Nvidia invested approximately $25 million in the round. The funding will support expansion of satellite manufacturing facilities and development of the next-generation Starcloud-3 orbital data center satellite. Starcloud confirmed it currently operates Nvidia H100 data center GPUs