Gate Crypto Flash News and Market Updates

According to HTX data, SOL breaks above $95 to trade at $95.09, up 0.96% in 24 hours.

According to Jin10, the Turkish central bank decided on Sunday evening to restore 37% policy rate for weekly repurchase auctions, aimed at normalizing financing conditions. The move comes after the central bank shifted to a costlier 40% overnight lending rate in early March.

According to Ken Griffin's investor letter reported by CNBC, Citadel has unwound more than 80% of the aggregate risk it acquired from Situational Awareness's public stock portfolio since late July. Griffin disclosed that Citadel executed more than 100 block trades representing over $4 billion in market value across 10 names, substantially reducing the forced-selling overhang that had pressured AI infrastructure stocks. The fund, which faced severe margin calls after its highly leveraged AI trade

Robert Kiyosaki criticized the US Treasury's expansion of bond buyback operations as a form of monetary debasement, arguing it amounts to creating more "fake dollars." The Treasury announced it will increase the maximum size of liquidity-support buybacks in the 10- to 30-year debt sectors from $2 billion to at least $4 billion per operation, effective Sept. 9 through Nov. 4. The Rich Dad Poor Dad author used the policy move to reinforce his long-standing case for Bitcoin, gold, and silver as inf

According to U.S. Central Command, the U.S. Navy redirected 70 commercial vessels on Aug 23 as part of its maritime blockade of Iran. The USS John Finn destroyer is currently conducting the operation in the Arabian Sea. As of Aug 23, the military has also disabled 3 vessels and boarded 2 for inspection.

According to Reuters, Tether abandoned an estimated $120 million Bitcoin mining project in Uruguay following a contractual dispute with state-owned utility UTE over power supply allocation. Tether believed the agreed-upon power figure was a minimum that could be increased; UTE treated it as a hard cap. UTE disconnected the two mining sites on July 25, 2025. Tether notified Uruguayan labor authorities on November 25 that it would terminate operations and lay off most staff. The project, announced

According to Pakistan's Foreign Office, Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in London today for an official visit. He will meet with senior British officials and hold talks with the International Maritime Organization secretary general to discuss regional maritime security issues.

According to Jin10, a 14-year-old Palestinian boy was killed by Israeli military fire near a refugee camp in Nablus in the West Bank on August 24. On August 23, Israeli airstrikes on central and southern Gaza resulted in at least 2 deaths, including a 4-year-old child, and several others injured, according to Palestinian health officials.

According to analyst DonAlt, Ethereum has a price target of $4,000, with a potential move to $10,000 if it holds that level. At the time of writing on August 23, Ethereum is trading at $2,419. DonAlt also believes Bitcoin can potentially rally to $90,000, stating he has already retraced 25% of the bear market and aims for 50%. Bitcoin is currently trading at $76,429. The analyst plans to hold his digital assets for three to six months before considering any exit.

According to HyperliquidNews, stablecoins saw $668 million in inflows this week (through Aug 23), marking the third highest weekly inflow on record. USDC on Ethereum accounted for 97.98% of the total inflows.

According to MetaMask and Polymarket data, Ethereum returned to $2,436.19 on August 23, reaching a market capitalization of $293.9 billion with $15.2 billion in 24-hour trading volume. ETH has surged approximately 30% since August 16 when it traded at $1,878.33, driven partly by short liquidations. Polymarket trading activity shows roughly $2 million in cumulative volume across contracts betting ETH will drop to $1,000 or lower by year-end, despite currently representing only a 6% implied probab

According to The Washington Post citing U.S. Department of Defense casualty statistics, U.S. military casualties in the Iran war have risen to 774, including 18 killed and 756 wounded.

According to Israeli Prime Minister's Office, Prime Minister Benjamin Netanyahu and Defense Minister Yoav Katz held a security assessment meeting on Sunday evening to address threats from Gaza involving drones, balloons, and kites being launched toward Israel. Israel issued a warning to Hamas that if such launch activities targeting Israel do not cease immediately, the Israeli Defense Forces will intensify precision strikes against personnel responsible for the launches.

According to BlockBeats, Eiden Liu exited GANA Foundation on August 24 and launched a personal compensation plan targeting 100% repayment to approximately 20,000 addresses. The repayment will be processed in batches based on verified on-chain data over an estimated 2-3 year period.

According to Iran's Mehr News Agency, Iran's parliamentary committee on national security and foreign policy approved charges on Sunday (August 24) for maritime services, environmental services, emergency fuel supplies, insurance, and security provided to vessels transiting the Strait of Hormuz. The fees will be levied on authorized ships in rials or other currencies designated by Iran. Committee spokesperson Hassan Kashkavai stated that the charges reflect coastal nations' rights under internat

According to Coinglass data, Coinbase's Bitcoin premium index reached positive territory on August 24, reporting 0.0052% for the first time since May 19, ending a 97-day negative premium streak. The index, which measures the price difference between Coinbase Pro and Binance, had previously experienced its longest negative premium period of 40 consecutive days from January 16 to February 24, 2026.

According to CoinGecko, XRP rallied to $1.47 as of 23 August 2026, up 47% in seven days, driven primarily by short covering rather than new institutional investment demand. More than $3.3 billion of short positions were closed across 19–21 August as the broader crypto market recovered, while US spot XRP ETF net inflows totalled only roughly $13.24 million over the same period—accounting for just 0.045% of XRP's $29.7 billion market capitalisation gain. According to SoSoValue data, US spot XRP ET

According to Bitcoin.com News, U.S. Senator Kirsten Gillibrand on August 23 called for Congress to prohibit the president, their spouse, and senior officials from issuing, promoting, or profiting from cryptocurrencies during their term, demanding inclusion of an enforceable ethics ban in the Digital Asset Market Clarity Act (CLARITY Act). A survey of 1,166 American adults conducted August 14-17 found 63% disapprove of Trump and his family's crypto profits, while 32% approve. Trump disclosed cryp

According to President Zelenskyy's statement on August 23, Ukraine denied any involvement in the Nord Stream pipeline sabotage. A Ukrainian suspect wanted by Germany was arrested in Croatia, marking the second Ukrainian national detained in connection with the case. Zelenskyy stated: "Ukraine was never involved in this action, not even in thought. I hope the investigation will be fruitful. We are ready to help anytime." Ukraine's prosecutor's office and foreign ministry are investigating the mat

According to Jin10, Japanese citizens held a rally in Tokyo today (August 23) to protest the Takayama Sanae administration's constitutional amendment attempts and military expansion initiatives. Participants strongly opposed the government's plans to revise the "Three Defense Documents" and modify the "three non-nuclear principles."