Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
00:48

Fuel Oil Edges Higher on August 31 as Crude Oil Supports Costs

According to Jin10 Futures, on August 31, fuel oil prices edged higher amid stable crude oil cost support and strong supply-demand dynamics. Crude oil remained volatile but held at elevated levels, underpinning feedstock costs, while fuel oil supply-demand fundamentals strengthened. Sellers resisted lower prices, and refineries maintained a steady upward negotiating stance. Downstream buyers continued purchasing as needed, with prices expected to hold steady with a slight upward bias through the
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00:47

Bitcoin Hits $80,000 on Thursday, Breaks $79K Resistance as Market Cap Returns to $1.61T

On Thursday, Bitcoin hit $80,000 per unit after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion, according to onchain data. The move reflects growing institutional interest in crypto assets, as $13 trillion asset manager Charles Schwab expanded its digital asset offerings on the same day by adding SOL, AVAX, and LINK to its platform beyond bitcoin and ethereum.
BTC-0.39%
SOL-3.03%
AVAX-2.27%
LINK-2.02%
ETH-1.27%
00:47

CME Fedwatch Turns Hawkish With 57% Odds of September Rate Increase

According to CME Fedwatch Tool, the probability of a 25-basis-point federal funds rate hike on Sept. 16 surged to 57% as of Aug. 28, up from just 39.9% on Aug. 21. The shift came after Fed official Warsh's Jackson Hole speech on Aug. 28, which emphasized sticky inflation and the Fed's commitment to its 2% price-stability target. PCE inflation remains elevated at 3.7% on a 12-month basis. Prediction markets show tighter odds: Polymarket traders put the hold at 52% and a hike at 48%, while Kalshi
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00:47

Microsoft Tightens Token Monitoring, Shifts Workloads to GPT-5.6 Sol to Cut AI Costs

According to reports, Microsoft has recently tightened internal token usage monitoring and shifted default workloads to OpenAI's GPT-5.6 Sol to reduce AI costs. Leaked internal data showed an employee incurred approximately $28,000 in token costs over 28 days. Microsoft is implementing budget limits and anomaly detection mechanisms to manage internal AI usage value and reduce reliance on third-party tools like Anthropic Claude for coding tasks.
00:41

ENA, SUI, EIGEN, and GPS Set Major Token Unlocks This Week, Worth Over $10M

According to Token Unlocks data cited by Foresight News, major token unlocks totaling over $10 million are set to occur this week on September 1-2. Sui (SUI) will unlock 13.53 million tokens worth approximately $9.65 million on September 1, followed by Ethena (ENA) with 40.63 million tokens valued at around $6 million on September 2. EigenCloud (EIGEN) will release 36.82 million tokens worth approximately $6.87 million on September 1, while GoPlus Security (GPS) will unlock 166 million tokens va
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ENA-6.59%
SUI-3.55%
EIGEN-3.56%
00:41

OpenAI Purchases Tens of Thousands of Mac Computers for AI Training on August 31

According to BlockBeats, OpenAI purchased tens of thousands of Mac computers on August 31 for reinforcement learning training, while Anthropic has opted to lease Mac systems for AI development. Nvidia has identified Apple as the primary competitor in the local AI sector, citing growing adoption of Mac computers among AI developers. Apple's fiscal 2026 third-quarter financial results showed Mac revenue increased 29% year-over-year, marking the fastest growth among all product categories, accordin
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00:37

Korea Investment Trust's Covered Call ETFs Attract 106.7B Won in Net Inflows Year-to-Date; Semiconductor Product Posts 45.96% Return

According to Korea Investment Trust Management, three ACE covered call ETFs recorded combined net personal purchases of 106.7 billion Korean won (approximately $82 million USD) since the beginning of the year through August 31. The ACE U.S. Semiconductor Daily Target Covered Call synthetic ETF led with 81.9 billion won in inflows, followed by the ACE U.S. 500 Daily Target Covered Call synthetic ETF with 14.4 billion won and the ACE U.S. Big Tech 7+ Daily Target Covered Call synthetic ETF with 10
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00:37

Bitcoin Falls to $77,729 Amid Fed Rate Uncertainty Following Jackson Hole

According to CoinGecko, Bitcoin fell to $77,729 on August 31, down 0.7% in 24 hours. The decline follows Federal Reserve Chair Kevin Wash's Jackson Hole speech, which markets interpreted as hawkish on interest rate policy. Traders lifted expectations for a September rate hike to above 50% from the previous mid-30% range. Investor sentiment cooled as the Fear & Greed Index dropped to 75 from 81 last week, signaling moderating near-term enthusiasm despite remaining in the greed zone.
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BTC-0.39%
00:37

6,427 BTC Worth $507M Moved by Early Adopters in August, Led by 2014 Wallets

According to btcparser.com, dormant Bitcoin wallets moved 6,427.59 BTC worth $507 million across 188 spends during August 1–30, 2026. Bitcoin's 2014 cohort dominated the activity, with 94 transfers moving 3,286.26 BTC. The most striking pattern occurred on August 19, when 22 wallets created between late 2014 and December 2014 swept approximately 1,514 BTC in nearly uniform lots of roughly 50 BTC within one hour, suggesting a single custodian executing a coordinated batch operation.
BTC-0.39%
00:37

South Korean Battery Stocks Surge Up to 29% in a Week as U.S. Declares ESS National Emergency

According to Financial News, South Korean battery makers saw substantial stock gains over the past week (August 21-28) as U.S. energy storage systems face new policy drivers. L&F rose 29%, Posco Future M jumped 20.3%, and Samsung SDI climbed 19.5%, while major semiconductor stocks Samsung Electronics and SK Hynix declined 8.7% and 4.5% respectively. On August 26, the U.S. declared a national emergency regarding its bulk-power system, expanding regulations to include battery energy storage system
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00:37

Korean Exchange Signs MOU with NYSE to Extend Trading Hours and Shorten Settlement Cycles

According to Korean Exchange, the bourse signed a memorandum of understanding with the New York Stock Exchange on September 3 to strengthen cooperation on market operations and infrastructure, including extended trading hours and shortened settlement cycles. The exchange plans to launch an after-market session next month and establish 24-hour trading by the end of 2027. Exchange Chairman Jung Eun-bo is also conducting a global roadshow in New York with approximately 20 institutional investors, i
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