Gate Crypto Flash News and Market Updates

Gold prices recently reached a three-month high while U.S. Treasury yields climbed to a 19-year high, reversing the traditional inverse relationship between the two assets. The precious metal surged 15% despite rising interest rates. Gold-related exchange-traded funds (ETFs) have attracted increasing individual investor inflows, according to market observations.

According to Ray Dalio's latest essay released on August 21, the billionaire hedge fund manager and Bridgewater Associates founder suggested diversifying into gold and Bitcoin to hedge against government debt crises. Dalio recommended investors 'overweight gold and a bit of Bitcoin' while underweighting debt assets like bonds, citing concerns about major economies including the U.S., U.K., Europe, and Japan facing similar debt and deficit challenges. The recommendation comes as U.S. national deb

According to Coinglass, $1.7 billion in short positions were liquidated in the past 24 hours on Wednesday as Bitcoin flirted with $70,000. The vast majority of those liquidations, $1.5 billion, occurred in the past four hours. Bitcoin briefly traded as high as $69,000 before settling at $68,253 after a 5% jump over 24 hours. The price surge follows months of low volatility and was supported by U.S. Treasury plans to increase government debt repurchases, which reduced long-term yields and boosted

According to BlackRock's report on Monday, the world's largest asset manager said Bitcoin remains a strategic "global monetary alternative" and important portfolio diversifier despite a near 50% decline from its October all-time high of $126,080. Robert Mitchnick, global head of digital assets at BlackRock, noted that rising government debt and deficits reinforce the case for assets with supply constraints beyond central bank discretion, such as Bitcoin. BlackRock's iShares Bitcoin Trust, approv

According to U.S. Treasury, Bitcoin surged past $68,000 on Wednesday, reaching $68,982 during intraday trading after the department announced plans to more than double the size of its government debt repurchases. The cryptocurrency climbed nearly 3% over the 24-hour period and is up over 3% for the week. The Treasury cited pressure in fixed income markets and rising yields as reasons for the expanded buyback operations. Lower long-term yields reduce the opportunity cost of holding non-yielding a

According to Plan ₿ VC Fund and Plan ₿ Foundation, applications for the 2026 Cypher Tank Bitcoin-focused pitch competition opened on August 13 and will close September 25. The competition expands this year's finalist field to 12 projects---eight for-profit and four nonprofit---up from eleven finalists in 2025, with participants competing for direct investment and three $100,000 prizes in incubation, acceleration, or relocation services. The finals run October 25-27 at PoW Space Lugano, immediate

According to Yonhap Infomax, on August 26, South Korea's IRS (Interest Rate Swap) rates displayed mixed trends in the Seoul bond market. The 1-year IRS rate rose 1.25 basis points to 3.4325%, while the 10-year rate fell 2.75 basis points to 4.0575%. The 5-year rate declined 1.75 basis points to 3.9250%.

According to the Ethereum Foundation, Ethereum developers must audit gas assumptions ahead of the Glamsterdam upgrade, which will adjust gas fees for state-related operations through two proposals: EIP-8037 and EIP-8038. EIP-8037 increases the cost of creating new state—covering accounts, storage slots, and bytecode—while EIP-8038 raises the cost of accessing existing state through operations like SSTORE, SLOAD, and cold account access. The repricing aims to align gas costs with actual computati

According to Bloomberg, Chinese AI company Zhipu AI confirmed that Ox Alpha, a recently emerged model that has rapidly climbed online leaderboards, is a new iteration of its GLM series. The company announced it will release Ox Alpha's model weights tonight (August 26).

According to its August 2026 filings, AMD raised $4.75 billion in senior notes on August 17, closing total debt to roughly $8 billion from $3.25 billion reported in its Q2 10-Q. The debt issuance features four tranches maturing between 2029 and 2036, with coupons ranging from 4.600% to 5.500%, adding approximately $240 million in annual interest expense. AMD's second-quarter results, reported on August 4, showed record performance with revenue of $11.536 billion, up 50% year-over-year, and non-G

According to Hong Kong Exchange filings, Tencent Holdings (00700.HK) repurchased 672,000 shares for HK$300.4 million on August 26.

According to Jin10 data, Israeli Prime Minister Netanyahu stated on August 26 that he sees no possibility of reaching a diplomatic agreement with Iran following talks with U.S. President Trump. Netanyahu made the remarks as Trump intensifies economic pressure on Tehran. Tensions around Lebanon remain elevated, with Iran accusing Israel of violating ceasefire terms while Israel claims its military actions respond to violations by Iran-backed Hezbollah.

According to Yonhapinfomax, the US-Iran ceasefire agreement eased tensions on August 26, sending the dollar-won exchange rate down to 1,384.80 won by 3:30 p.m. Seoul time, a decline of 1.30 won from the previous day's close of 1,386.10 won. The ceasefire news, which included a free passage agreement in the Strait of Hormuz, triggered a drop in international crude oil prices. October WTI crude fell 1.8% to around $80 per barrel in Asian trading. The won also gained support from reduced foreign in

According to Korea Securities Depository (SEIBro), Korean retail investors purchased approximately $397.26 million worth of Direxion Daily MSCI South Korea Bull 3X ETF (KORU) between July 26 and August 25, ranking it 9th among all overseas stock purchases by domestic investors during the period. The 3X leveraged product tracks three times the daily returns of the MSCI Korea index, indicating growing appetite among Korean investors for higher-leverage bets on the domestic market's strength.

According to Bitcoin.com News, Iran's rial crashed to 2.02 million per dollar on Aug. 24, down from 1.53 million in Q1 2026, as the Trump administration launched Operation Economic Outcast that week. The sanctions package, announced Aug. 19, added more than 60 entities to the Treasury's blacklist and notably named digital assets as a sanctionable sector for the first time, alongside technology, gold, aviation and shipping. The Islamic Revolutionary Guard Corps (IRGC) controls approximately 65% o

According to Integral survey of 143 corporate treasuries, banks and other FX market participants, corporate treasurers expect programmatic foreign exchange execution to account for 42% of their trading volume by 2031, up from 18% today. The shift will be driven by two channels: user-triggered API execution (rising from 6% to 16%) and fully embedded execution within enterprise resource planning and treasury management systems (rising from 12% to 26%). Systems integration remains the primary near-

According to Revolut's official announcement, the fintech company launched EURR, its first branded euro stablecoin, to selected customers in Denmark, Poland, and Portugal today. Bridge Building, a Luxembourg-based electronic money institution owned by Stripe, issues EURR while Revolut distributes it through its retail app. The initial rollout shows 374 tokens in circulation backed by €374 in cash reserves. EURR trades on Ethereum and Polygon and will expand to other European Economic Area market

According to Kremlin statement, President Putin has been informed of CIA Director's visit to Moscow, with intelligence agency contacts continuing.

According to Prime Minister Anthony Albanese today, Australia's national cabinet has agreed to establish minimum requirements for how AI data centers use electricity, water, and land. Albanese secured backing from state leaders including Queensland—which previously opposed the measure—to roll out the new regulations by next year.

According to Bloomberg, on August 26, Huawei pitched building an artificial intelligence data center for Egypt's military and government sectors, proposing to export 1,408 Ascend 950 chips for an AI training cloud platform, along with 600 additional Ascend 950 or earlier Ascend 910B chips for two inference clusters. U.S. officials are formulating a response, considering competing bids to counter Huawei's advance in the chip sector. Huawei has proposed a 12-month infrastructure construction timel