Gate Crypto Flash News and Market Updates

According to Reuters, on Friday, BIS General Manager Pablo Hernández de Cos argued that stablecoins do not credibly function as a means of payment at scale, Reuters reported. Hernández de Cos, a candidate to succeed ECB President Christine Lagarde next year, said tokenized bank deposits offer a stronger alternative for harnessing tokenization while preserving monetary system foundations. He acknowledged stablecoins could lower government borrowing costs but warned that if customers move bank dep

According to its official data, Japan's Ministry of Finance spent approximately $96 billion on currency interventions in 2026 to defend the yen, as it weakened to 160.725 per dollar on April 30. The April-to-May intervention alone totaled 11.7 trillion yen, roughly $73-$73.5 billion, marking the largest single-month intervention on record. A subsequent operation on July 30 accounted for an estimated $53 billion. Japan and the United States conducted a coordinated intervention around July 31-Augu

Nvidia delivered better-than-expected fiscal second-quarter earnings on Wednesday, marking its fourth straight quarter of accelerating revenue growth and issuing strong forward guidance for the next fiscal year. The results reinforced confidence in AI demand, driving the broader market higher Thursday. Amazon will purchase an additional 2 million Nvidia GPUs in 2027 and 2028, despite developing its own AI chips, supporting the company's argument that customers are generating sufficient returns t

According to Sosovalue data, U.S. Bitcoin spot ETFs recorded $202 million in net outflows on August 28, ending a nine-day inflow streak that accumulated $3.04 billion. The outflow marked the first day of selling after Bitcoin ETFs crossed the $100 billion in net assets milestone on August 27. Meanwhile, Ethereum ETFs bucked the trend by adding $102 million, extending their own buying streak to ten consecutive days.

According to Bitcoin.com News, the NFL signed multi-year commercial agreements with DraftKings, FanDuel, and Fanatics Betting on Aug. 27, restoring sponsorships that lapsed on March 31. All three partners agreed to prohibit wagers on officiating, injuries, and events easily manipulated by a single person. The deals grant access to real-time play-by-play data, Next Gen Stats, and official league marks. Regarding prediction markets, NFL Executive Vice President Renie Anderson told ESPN: "That's no

Bybit has launched 24/7 options trading on SpaceX and Nvidia shares, allowing traders to buy and sell options contracts tied to both stocks around the clock. The move enables trading outside traditional market hours, with particular significance for SpaceX, which remains private and has limited share accessibility through conventional channels.

According to CryptoQuant analyst Darkfost, bitcoin inflows to major exchanges surged over the past 7 days, peaking as BTC tested the $80,000 level on August 29. Binance led with an average daily inflow of 10,700 BTC, followed by Coinbase Advanced at 7,100 BTC daily, while Kraken and OKX each received over 2,000 BTC per day.

US Treasury Secretary Scott Bessent clarified on August 29, 2026, that Japan has no debt obligations to the US Treasury. In fact, the financial relationship runs in the opposite direction: Japan is the largest foreign holder of US Treasuries, with holdings estimated between $1.1 and $1.2 trillion. The US and Japan coordinated currency interventions from July 31 through August 1, 2026, with the Treasury purchasing $5 to $10 billion in Japanese yen while Japan undertook large-scale interventions e

According to the Japan Meteorological Agency, a 4.8-magnitude earthquake struck off the coast of eastern Chiba Prefecture on August 30 at 12:17 a.m. JST, with the epicenter at a depth of approximately 30 kilometers. The tremor was also felt in Ibaraki Prefecture and Tokyo.

According to Bitcoin News, UK police seized 20.21 BTC worth $1.4 million linked to a dark web marketplace that operated between 2016 and 2019.

According to predict.fun, the probability of HYPE's price surpassing SOL before October is 19%, based on current market predictions posted on X.

According to New York Division of Consumer Protection, investment scam losses exceeded $8 billion in 2025, a 38% increase from 2024, after 144,041 consumers reported losses on August 26. The median reported loss reached $10,560, with schemes initiated through social media, dating apps, text messages, emails, and online advertisements. Artificial intelligence enables fraudsters to clone voices, fabricate videos, impersonate financial figures, and create polished advertisements promoting fake cryp

According to a governance proposal announced August 27, Ethena Foundation plans to activate automated ENA buybacks once USDe supply reaches $7.5 billion in circulation. The fee switch would direct 95% of net protocol revenue toward open-market ENA purchases, with an estimated $22.5 million in annualized buyback funding at the $7.5B threshold, assuming 6% APY on underlying positions. Current USDe supply stands at approximately $4–4.6 billion, requiring roughly 85% growth to trigger the mechanism.

According to Bitcoin.com News, Starkware executed the first post-quantum-resistant bitcoin transaction on Bitcoin mainnet on Aug. 26, without requiring any soft forks or hard forks. The transaction spent a 10,000-satoshi output using researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) construction. The test required hours of GPU computation and cost approximately $150 to $200, with Starknet Foundation VP of Growth Damo confirming the milestone during a Bitcoin Asia keynote.

According to Galaxy Research data, six Bitcoin wallets dormant since 2011-2014 moved a combined 553.59 BTC—worth approximately $40.15 million—between Aug. 16 and Aug. 26, marking an unusually high pace of awakening for decade-old coins in 2026. The standout transfer involved 212 BTC ($13.66 million) last touched in August 2012, representing a 557,640% gain, while another 40 BTC moved to German custody bank Boerse Stuttgart Digital registered a 1,535,911% gain. The movement coincides with a chopp

According to CoinGlass, 72,459 traders were liquidated across crypto markets in the past 24 hours on August 29, with total contract losses reaching $311 million. Long positions accounted for $263 million in liquidations, while short positions saw $47.89 million wiped out. Bitcoin liquidations totaled $111 million, while Ethereum accounted for $73.33 million. The largest single liquidation occurred on Binance's ETH/USDT pair, worth $11.67 million.

According to CNBC, Salesforce reported robust quarterly results Wednesday, with its combined AI and data annual recurring revenue reaching $3.9 billion, more than tripling year over year. The company's Agentforce product grew to $1.5 billion in ARR within 18 months of launch, up 240% year over year, while Data 360 ingested 104 trillion customer records this quarter, up 355% year over year. The stock surged over 20% following the announcement. CEO Marc Benioff stated the 'SaaSpocalypse' narrative

According to CNBC, on Aug. 26, 2026, Meta settled a social media addiction lawsuit with a coalition of U.S. state attorneys general, agreeing to an $18 billion settlement. The agreement includes $12.7 billion to be paid directly to states over 10 years, with the remaining $5.3 billion conditional on TikTok and YouTube adopting similar platform safeguards for minors. Meta committed to implementing fundamental changes for users under 18, including a 2-hour daily usage limit that only parents can o

According to CNBC, Goodyear CEO Mark Stewart revealed on August 14 that the company posted a net loss of $453 million in the first half of 2026, while debt remained above $7 billion. The tire manufacturer's operating income was $131 million, representing a 1.6% margin, falling short of its 10% target. Despite cost reductions of $1.5 billion since launching the Goodyear Forward turnaround plan, the company continues heavy restructuring with capital expenditures of $725 million expected this year.

According to CNBC's Investing Club with Jim Cramer, technology stocks surged this week (Aug 25-29) as earnings results showed AI demand remains robust and benefits extend beyond hardware makers. The Nasdaq Composite gained 0.9%, the S&P 500 rose 0.5%, and the Dow Jones Industrial Average added 0.5%, marking the Dow's first winning week in three. Much of the rally occurred Thursday following Nvidia's stellar fiscal second-quarter results and strong forward guidance. Nvidia shares finished the wee