Gate Crypto Flash News and Market Updates

According to Evercore ISI, Amazon (AMZN) stock rallied 4.2% on Friday after the firm raised its price target to $355 from $315, implying 38.5% upside from Thursday's close. Evercore maintained an Outperform rating, citing survey evidence that agentic AI is driving additional shopping on Amazon's platform. The survey found that 57% of Alexa AI users purchased products they were previously unaware of, signaling AI's role in expanding consumer purchasing behavior.

According to Jin10, Iran's Supreme Leader Mujtaba Khamenei issued a statement on August 28, praising the government's actions in facing U.S. and Israeli restrictions, sanctions, and siege. He emphasized that Iran must demonstrate strength and capability while avoiding any demoralization or weakening of national and public spirit, stating that any actions undermining social cohesion are prohibited.

Spot gold fell 3.0% intraday on August 28, trading at $4,461.52 per ounce.

Solana validators approved SGP-0002 today (August 28), narrowly passing a proposal to double the network's disinflation rate from 15% to 30%, accelerating the timeline to reach the 1.5% issuance floor from 2032 to 2029. The vote passed at 67.0% support against a required 66.67% threshold on 176.29 million SOL in favor. Kraken, which initially opposed the proposal with 8.92 million SOL in voting power, flipped its stance in the final hour, nearly determining the outcome. The change means roughly

According to RedStone's latest report, Stellar's tokenized real-world assets (RWA) surpassed $3 billion in July, while the network's DeFi total value locked (TVL) stood at only $213.2 million, highlighting a significant gap between RWA supply and on-chain lending demand. DefiLlama data shows Stellar's TVL at $232.72 million, with lending protocol Blend accounting for $150.03 million. However, capital pools accepting RWA as collateral hold just $2 million. RedStone noted that mismatched settlemen

According to Bitcoin.com News citing Public Citizen, Donald Trump's TRUMP memecoin surged over 20% on Friday to reach a $705 million market cap, briefly approaching $2.93. The jump coincided with the nonprofit organization's release of a report estimating investor losses in Trump-linked crypto products at $4.7 billion, citing Trump's $1.4 billion in crypto profits from 2025. Public Citizen claims Trump and his family still control the ventures, a conflict of interest that has stalled the Republi

According to a disclosure filed with the U.S. Office of Government Ethics on August 28, President Donald Trump traded Coupang Inc. common shares twice in June 2026. The filing revealed Trump conducted a total of 1,051 stock transactions during the disclosure period, with Coupang appearing in at least two of these transactions.

According to Politico, Indian Prime Minister Narendra Modi plans to attend the European Union summit in December.

According to TheStreet, HIVE Digital Technologies mined 1,004 Bitcoin in its fiscal first quarter ended June 30, 2026, up 147% from 406 BTC in the same period a year earlier. At Bitcoin's current price of approximately $77,480, the quarterly output was worth roughly $78 million. The surge was driven almost entirely by hashrate growth, with HIVE's average operational hashrate climbing to 24.0 exahash per second, nearly triple the 8.7 EH/s recorded a year earlier.

U.S. Treasury Secretary Scott Bessent defended recent currency interventions on Friday, arguing that yen market volatility could transmit to the United States and push up American interest rates. Bessent stated that yen market disorder may trigger forced liquidations, disrupting global markets and raising borrowing costs for U.S. households and businesses. He declined to disclose the specific dollar amount deployed in the intervention, noting only that existing yen-denominated foreign currency a

According to HTX, Bitcoin breaks $78,000, currently trading at $78,000.00, down 3.29% over the past 24 hours.

On Aug. 27, U.S. District Judge Rita Lin of the Northern District of California issued a 59-page permanent injunction blocking the Department of Defense from enforcing its "supply chain risk" designation against Anthropic. Lin ruled the Pentagon's measures violated the First Amendment and Fifth Amendment, constituting unlawful retaliation for the company's public criticism of the government's contracting terms. The order permanently prevents the Trump administration from enforcing the ban.

According to trade.xyz, the company and Hyperliquid jointly submitted comments to the U.S. Commodity Futures Trading Commission, urging the establishment of a regulated U.S. market pathway for energy perpetual contracts and 24/7 trading. The companies noted that during recent crude oil market disruptions, their energy markets remained open while traditional benchmark markets closed, with trade.xyz emerging as a primary price discovery venue on multiple weekends. Trade.xyz stated that its WTI cru

According to CNBC, BlackBerry's stock price has doubled this year as investors reward the company's strategy to focus on critical software for cars and secure communications. The company's QNX operating system business, which powers embedded software for vehicles, is now embedded in 275 million cars globally and serves as a foundation for autonomous driving features. CEO John Giamatteo said the company sees greater growth potential in physical AI applications such as robotics and autonomous syst

According to hashrateindex.com, U.S. Bitcoin hashrate share fell 0.823% between Q1 and Q3 2026, declining from 37.523% to 36.7%, while Russia and China each expanded their mining share despite global hashpower losses. Russia's share grew from 16.417% to 17.2% despite losing 13 EH/s, while China's share increased from 11.276% to 12.2% even as the country's hashrate dropped 10 EH/s. Bitcoin's total computational power declined from above 1,000 EH/s in Q1 to 892.35 EH/s as of August 27. Meanwhile,

According to Wall Street Journal reporting on recent regulatory filings, Sheikh Tahnoon bin Zayed Al Nahyan's investment group holds 49% of WLTC Holdings, the parent company behind World Liberty Financial's proposed US trust bank. An entity affiliated with US President Donald Trump's family owns a further 38% stake. The Office of the Comptroller of the Currency granted preliminary conditional approval to World Liberty Trust Company on Aug. 14. If it receives final OCC approval, the trust bank wo

According to the Wall Street Journal, World Liberty Trust Company received preliminary conditional approval from the Office of the Comptroller of the Currency on Aug. 14. Sheikh Tahnoon bin Zayed Al Nahyan's group, through StringZ Holding RSC, owns 49% of WLTC Holdings, while an entity affiliated with US President Donald Trump's family holds 38%. If approved, the trust bank would manage the issuance, redemption, and custody of World Liberty's USD1 stablecoin under federal supervision.

The White House announced the establishment of a new U.S. Space Academy today, August 28, according to an official White House statement.

At his Jackson Hole keynote, Federal Reserve Chair Kevin Warsh dedicated a section to artificial intelligence, calling the current moment a 'hinge point in history.' Warsh stated that annualized token sales at the two leading AI labs now exceed $100 billion, representing a more than 500% increase from a year earlier. The Fed now treats AI as 'potentially a new factor of production,' meaning token consumption could affect how much the economy can produce without overheating—a key variable for mon

According to U.S. Navy officials on August 27, the USS Roosevelt will deploy to the Middle East within weeks to replace the USS Washington, which is already stationed in the Arabian Sea. The deployment mission will last at least seven months. Meanwhile, the USS Lincoln, which had been deployed for over 200 days, is heading toward Thailand. Thailand's Defense Ministry confirmed on August 26 that the USS Lincoln will dock at a Thai port next week for rest and maintenance.