Gate Crypto Flash News and Market Updates

According to Bloomberg, BlackRock reduced the minimum Bitcoin holding required for direct conversion into IBIT shares from $25 million to $1 million on August 25, a 96% cut that expands access beyond the largest institutional players. The new threshold opens in-kind conversion eligibility to mid-sized institutions, family offices, and high-net-worth individuals previously locked out by the higher barrier. Bitwise made a similar move, lowering its Bitcoin ETF conversion minimum from $100 million

According to Lookonchain, Ethereum trader 0xD81a purchased 2,165 ETH for $5.33 million at $2,463 per ETH, marking his return to active trading after a six-month market hiatus. The purchase price sits just above $2,452, the average price at which the trader exited his previous position with a $12 million loss. The trade is notable given current Ethereum market conditions, which are characterized by low trading volume and heightened volatility.

According to ChainCatcher citing WEEX TradFi, nuclear and AI power stocks surged on August 26, with OKLO up 11.08%, URA up 5.62%, and IREN up 5.18% in 24 hours. Nvidia gained 2% as markets focused on the company's earnings report expected today. WEEX Labs noted that these assets remain sensitive to policy changes and order flows, with potential for increased short-term volatility.

According to the Securities and Futures Commission (SFC) quarterly report released as of end-June, Hong Kong's 15 tokenized retail products saw combined assets under management reach HK$10.3 billion, a 280% increase year-over-year. The 11 spot virtual asset ETFs grew 55% since launch to $451 million.

According to Lookonchain data, a Solana trader has opened a new 3x leveraged long position, purchasing 143,890 SOL tokens valued at approximately $14 million. The trader previously achieved three consecutive profitable trades, accumulating gains of $1.23 million before taking this latest position.

According to Foresight News, Bybit today listed three TradFi perpetual contracts: Direxion Daily S&P 500 Bull 3X ETF (SPXL USDT), T-Rex 2X Long MSTR Daily Target ETF (MSTU USDT), and Infleqtion (INFQ USDT). All three contracts support up to 25x leverage.

According to Trail of Bits, the Provenance blockchain maintained by Figure Technology Solutions was found in March to contain an authorization vulnerability affecting 82 mainnet accounts with approximately $500,000 in custodial assets at risk. The bug allowed zero-balance accounts to potentially take over other accounts and mint tokens or withdraw assets due to a system misidentification of outdated supply fields as equivalent to new account zero balances. Trail of Bits reported the flaw in Marc

According to ChainCatcher, Upbit will list Polyswarm (NCT) on August 26 at 21:00 UTC+9 with KRW trading support. During the promotional period through August 27 at 20:59 UTC+9, trading fees will be reduced from 0.05% to 0%.

Japan's Financial Services Agency is supporting a demonstration experiment to test blockchain-based settlement for stocks, bonds and investment trusts using atomic delivery-versus-payment mechanisms with stablecoin payments. The initiative, part of the FSA's Payment Innovation Project, aims to enable near-instantaneous settlement in Tokyo's market by synchronizing securities transfers and cash movements through programmable infrastructure. Major Japanese banks including Mitsubishi UFJ Financial

According to Jin10, central bank officials gathered in Jackson Hole, Wyoming on August 26 to discuss how to reassess global inflation and rising borrowing costs amid new inflationary threats. Spiros, an economist at Thin Ice Macro, said central banks are likely to take a cautious stance, viewing inflation as their most unwanted risk. Economists noted differing exposures to energy shocks: Europe and Japan are more sensitive to Middle East tensions and oil prices, while the U.S. and U.K. have more

According to a Form D filing with the US Securities and Exchange Commission on Tuesday, prediction market operator Kalshi disclosed that $1.12 billion has been sold under a $1.5 billion equity offering that began on April 3. The filing lists 71 investors, with approximately $380 million remaining to be sold under the offering. Kalshi is relying on Rule 506(b) of Regulation D, an exemption that allows companies to sell securities without SEC registration.

According to MSX.COM data, U.S. premarket AI stocks fell broadly on August 26. SAP declined 4.12%, NOW fell 2.34%, ACN dropped 1.32%, PLTR declined 1.26%, and MU fell 0.79%.

According to Cnyes.com, Hong Kong's main stock indices rose on August 26 close, with the Hang Seng Index climbing 0.56% to 25,652.97 points, the Enterprises Index up 1.05% to 8,533.84 points, and the Technology Index advancing 0.82% to 4,626.15 points. Broker stocks surged on the back of earnings and dividend payouts, with China International Capital climbed over 8% to lead gains, followed by China Merchants Securities and China CITIC Securities both up over 6%. Nonferrous metals stocks performe

According to the Gaza Health Ministry, since the start of the war on October 7, 2023, 73,438 people have been killed and 174,447 others injured.

Bernstein predicts Bitcoin will reach $150,000 by mid-2027 and peak near $300,000 by 2029, according to the research firm's latest forecast. The analyst also downgraded MicroStrategy's target price from $450 to $350, citing updated Bitcoin cycle outlook and accelerated equity dilution at the company.

According to Hong Kong Exchanges and Clearing (HKEX), BlackRock increased its long position in Ganfeng Lithium from 8.30% to 9.10% on August 21.

According to market reports, Russian military aircraft entered South Korea's air defense identification zone (ADIZ) on August 26. The incident was reported by market sources monitoring military activities in the region.

According to Solscan, Circle minted 5 billion USDC over the past seven days as of today (August 26). The issuance comes as USDC's circulating supply stands at approximately $74 billion, still less than Tether's $183 billion market cap. The timing aligns with Circle's newly announced role as technical deployer for USDC on Hyperliquid, the derivatives exchange that activated its AQAv2 upgrade today to route reserve yield on roughly $5 billion of USDC into HYPE token buybacks.

According to CME Group, Glencore and Trafigura executed the first trades in the revised U.S. Zinc Futures contract on August 20, with positions set for September delivery. Each contract represents 25 metric tons of Special High Grade zinc. CME did not disclose the price, number of contracts, resulting open interest, or bid-offer spread.

According to Al Jazeera, Iran's President Masoud Pezeshkian and Russia's President Vladimir Putin plan to meet next week.