Gate Crypto Flash News and Market Updates

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.

According to HTX market data, Solana (SOL) broke above $95 today, trading at $95.00 with a 24-hour gain of 0.6%.

Czech government, employers, and labor unions recently reached an agreement to increase the minimum monthly wage to 24,900 Czech koruna (CZK) in 2027, marking an 11.2% increase from 2026 levels.

According to gazeta.uz, an Azerbaijani company is planning to develop gold and rare earth mineral mining operations in Uzbekistan.

According to Jinrui Futures, Shanghai gold futures surged nearly 3% on August 24, hitting a near three-month high of 1,008.78 yuan/gram and breaking above the 1,000 yuan/gram level. The rally was driven by an improving overseas macroeconomic environment, with U.S. long-end Treasury yields declining after the U.S. Treasury expanded long-term debt repurchase sizes, while the dollar index held around 98.8. Market concerns about U.S. fiscal sustainability and dollar credibility also supported prices

On Monday (August 24), Tesla and eight other automakers announced the recall of approximately 4.3 million vehicles in China due to safety concerns with electronic hidden door handles that may be difficult to open during emergencies, marking the largest recall in China's automotive history. Tesla accounts for 2.98 million units, while Xiaomi, Leapmotor, XPeng, and Geely each announced their largest-ever recalls at 0.39 million, 0.371 million, 0.264 million, and undisclosed amounts respectively. T

According to Galaxy research lead monitoring, a Coldcard vulnerability compromised 8,865 addresses, resulting in 1,789.28 BTC in losses. The stolen funds were worth $114.7 million at the time of theft and are currently valued at $138.8 million. The median loss per address was 0.00152 BTC, with an average of 0.20184 BTC.

According to Amazon's Q2 2026 earnings release filed on 30 July, the company reported net income of $62.6 billion, though $53.4 billion came from non-operating gains on its Anthropic investment. Operating income reached $27.5 billion, up 43% year-on-year. However, free cash flow swung from an inflow of $18.2 billion to an outflow of $7.6 billion on a trailing-twelve-month basis, reflecting a $66.1 billion year-on-year surge in capital expenditure primarily for artificial intelligence infrastruct

According to a post on V2EX, a startup with about 10 employees has begun rotating staff schedules to optimize costs on AI coding services like DeepSeek, GLM, and MiniMax. The company adjusted work hours to shift operations toward off-peak pricing periods, with employees required to take one weekday and one weekend day off per week in pre-arranged rotations. DeepSeek's latest API pricing charges double rates during weekday peak hours compared to low-peak periods; on August 23, the platform change

Spot gold hit $4,660 per ounce on August 24, rising 1.24% intraday. Meanwhile, USD/JPY traded lower by 10 points to 159.06.

According to CNBC, a senior U.S. Treasury official stated the department could utilize general account funds for bond repurchases as part of its fiscal strategy.

According to Jin10, Hengbao Stock announced on August 24 that the company has generated only limited revenue from digital yuan-related business, with no material business scale formed. Although the company has conducted technical and product development around digital yuan in recent years, the technology remains in pilot stage. The company stated the business has minimal impact on its overall financial performance.