Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
22:01

Morgan Asset Management: Federal Reserve Should Not Hike in September

According to Morgan Asset Management's chief market strategist for Europe, Middle East and Africa Karen Ward, signals from the U.S. labor market suggest the Federal Reserve should not raise rates in September. Ward stated that while overall inflation remains elevated, its persistence depends entirely on labor market conditions, which show no signs of sufficient strength to support wage growth demands. Ward expects Federal Reserve Chair Kevin Walsh to provide clearer guidance on the central bank'
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22:01

AMD Upgraded to Strong Buy by Raymond James; Stock Rises 4.9% on Tuesday

According to MarketWatch, Raymond James analyst Simon Leopold upgraded AMD to Strong Buy on Tuesday (August 25), raising his price target to $641, implying 34% upside from current levels. AMD's stock rose 4.9% on the rating change. Leopold highlighted AMD's competitive advantages in the data center CPU market relative to Intel, Nvidia, and Arm, citing the company's ability to convert server CPU revenue growth into profitability as the market grows.
22:01

Thailand SEC Seeks Public Comment on Proposed Bitcoin and Ethereum Spot ETF Rules

According to Odaily, Thailand's Securities and Exchange Commission (SEC) announced a public consultation on proposed rules for Bitcoin and Ethereum spot exchange-traded funds (ETFs). The draft regulations include adjustments to foreign custodian qualification requirements. Bitcoin and Ethereum ETFs will be the first digital currency products eligible for launch, managed by licensed asset management companies and subject to existing ETF rules and digital asset investment requirements. The SEC sta
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BTC-0.52%
ETH-1.68%
21:55

U.S. Dollar Index Falls 0.1% to 98.93 on Tuesday as Treasury Yields Decline

The U.S. Dollar Index (DXY) fell 0.1% to 98.93 on Tuesday, Aug. 26, as lower Treasury yields and rising risk sentiment weighed on the dollar. The index remains near its lowest level since mid-May. Canadian dollar strengthened, with USD/CAD declining 0.1% to 1.3827, as Canada announced retaliatory tariffs of 15%, 25%, and 50% effective Sept. 8 on U.S. goods worth $27.6 billion, including steel, dairy, agriculture equipment, and electronics. Other major currencies gained: GBP/USD rose 0.1% to 1.36
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21:55

Iran's Missile and Drone Strikes Cause Billions in Damage to U.S. Middle East Intelligence Facilities on August 25

According to U.S. officials, Iran's missile and drone strikes on August 25 caused severe damage to U.S. intelligence facilities and surveillance equipment in the Middle East. Four informed sources said the destruction exceeded any similar attack the U.S. intelligence community had previously sustained, with repair costs estimated at billions of dollars. Two of the sources noted that Iran's strikes have forced the U.S. Congress to seek funding for facility repairs.
21:51

Dukascopy Profit Falls 58% in First Half as Trading Income Declines

Dukascopy Bank's consolidated profit declined 58.1% in the first half ended June 30 to CHF 1.38 million from CHF 3.29 million a year earlier. Trading income, the bank's largest revenue source, fell 25.1% to CHF 8.77 million, offsetting gains in net commissions which rose 36.7% to CHF 2.33 million.
21:51

14 of 22 South Korean Economists Expect BOK to Raise Rates 25bp to 3% This Thursday

According to a survey by Jin10 on August 26, 14 out of 22 surveyed economists expect South Korea's central bank to raise its benchmark rate by 0.25 percentage points to 3% at its meeting this Thursday, while 8 predict the central bank will hold rates steady. The closely divided forecast reflects ongoing concerns about robust economic growth and persistent inflation pressures, which would support further monetary tightening.
21:49

Trump Threatens Lake Ontario Rename as U.S.-Canada Tariff Tensions Escalate

On Tuesday, August 25, President Trump threatened to rename Lake Ontario as Lake America and disclosed a map showing the proposed change, escalating trade tensions with Canada. Trump cited a $60 billion annual U.S. trade deficit with Canada and stated the country would face "no more business" with Ontario. The U.S. imposed 50% tariffs on select Canadian goods including wine, dairy, and cement, with plans to raise tariffs on Canadian automobiles, auto parts, trucks, and steel to 50% starting Janu
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21:45

U.S. New Home Sales Fall 10.5% in July, Missing Forecasts

According to the U.S. Census Bureau and Department of Housing and Urban Development, new home sales fell 10.5% in July 2026 to a seasonally adjusted annualized rate of 607,000 units, significantly missing market consensus forecasts of 620,000 units. Spot gold last traded at $4,618.80 an ounce, down 0.68% on the day, showing modest selling pressure after testing resistance at $4,700.
21:43

South Korea's KOSPI Plunges 40% in 6 Weeks; Retail Investors Lose Millions Through Leveraged Bets

According to Wall Street Journal on August 24, South Korea's KOSPI index fell approximately 40% in six weeks after surging nearly three times from the previous year, erasing roughly $2.5 trillion in market capitalization. Retail investors, who account for 60-70% of daily trading volume and heavily concentrated bets on semiconductor stocks like SK Hynix and Samsung Electronics, suffered significant losses. The losses were amplified by single-stock leveraged products introduced in May 2026, which
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21:43

Zerohash Refiles OCC National Trust Bank Charter Application After July 17 Rejection

According to ChainCatcher, crypto infrastructure provider Zerohash resubmitted its national trust bank charter application to the U.S. Office of the Comptroller of the Currency (OCC) this month following the agency's rejection of its initial filing on July 17 due to insufficient materials. The Chicago-based company stated that the rejection was part of normal administrative procedures and does not reflect a decision on the application's substance or impact current operations. Zerohash said it is
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21:43

South Korean Brokerages Issue 538 Stock Downgrade Reports in August, Up 10.7% From July

According to FnGuide, through August 24, South Korean brokerages issued 538 downgrade reports, exceeding upgrade reports of 318—a 69.18% difference. This marks the second consecutive month where downgrade reports outnumber upgrades, following July's 829 downgrades versus 410 upgrades. JYP Entertainment led with 14 downgrade reports, followed by Netmarble and Hyundai Department Store with 12 each, as Q2 earnings disappointed consensus estimates.
21:40

AI Infrastructure Faces Political Risk Ahead of U.S. Midterm Elections, Barclays Warns

According to Barclays strategists Jenny Yang and Alex Altmann, large-scale AI infrastructure construction is triggering voter backlash ahead of the U.S. midterm elections, creating political risk for one of the market's most favored trades. The strategists expect intensified policy scrutiny focusing on data center regulation, regardless of election outcomes. Barclays noted that AI-related trades face no additional positive catalysts in the near term, pointing to historically weak market performa
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21:37

Brazil's Ibovespa Surges 1.55% as Call Option Demand Spikes on Election Poll Shift

According to Bloomberg data, Brazil's Ibovespa index rallied 1.55% this week as demand for call options surged following recent election polls showing narrowing leads between presidential candidates. The most actively traded contract—November Ibovespa calls struck at 200,000—saw open interest jump to 4.5 million contracts from 1.1 million on the previous trading day.