Gate Crypto Flash News and Market Updates

According to the U.S. Department of the Treasury, the United States lifted Iran-related sanctions today. Spot silver surged 5.0% intraday to $62.50 per ounce, while New York gold climbed 3.0% to $4,279 per ounce.

According to China's Ministry of Commerce, on August 5, China announced countermeasures against a series of U.S. restrictions targeting advanced robotics and power inverters. The move follows repeated restrictions imposed by the U.S. Federal Communications Commission on Chinese technology equipment.

According to sources, Russia's Saratov refinery halted operations following a drone strike on August 2.

According to BlockBeats citing BIT trading data, the U.S. storage sector opened higher on August 5, with SK Hynix ADR leading gains at up 5.77%. Micron Technology (MU) rose 2.76%, Seagate Technology (STX) gained 2.3%, and Western Digital (WDC) advanced 1.86%, while SanDisk (SNDK) fell 0.16%.

According to BlockBeats and BIT.com trading data, U.S. optical communications stocks extended yesterday's gains on August 5. Applied Optoelectronics (AAOI), a manufacturer of high-speed optical modules for AI data centers, surged 5.1%, while Coherent Corp (COHR), a leader in laser and photonic solutions for data center and industrial applications, climbed 5.86%. Lumentum Holdings (LITE), a core supplier of optical communication lasers and modules, rose 2.56%. The rally follows reports that the T

The U.S. ISM non-manufacturing inventory index rose to 51.4 in July, up from 51.2 in the previous month.

According to SEC filings announced on August 4, Hashdex Bitcoin ETF (ticker: DEFI) will cease operations and delist from NYSE Arca on August 17, becoming the first U.S. spot Bitcoin ETF to announce a closure. Investors can trade shares until August 17 and will receive cash payments around August 28, with Hashdex selling the fund's 225.58 Bitcoin to settle positions. The $14.56 million fund faced unsustainable economics. Despite charging a 0.25% management fee, DEFI generated only $6,453 in fees

According to ISM data released, the U.S. non-manufacturing index came in at 54.1 in July, below the expected 54.5 and up slightly from 54.0 in June.

According to MSX.COM data, SpaceX dropped 10% at market open today after posting its first earnings report showing narrowed AI losses but expenses higher than expected. AMD fell 6.5% as third-quarter revenue guidance came below Wall Street's most optimistic forecasts. U.S. benchmark indices opened modestly higher, with the Dow up 0.67%, S&P 500 up 0.64%, and Nasdaq Composite up 0.42%.

The U.S. ISM non-manufacturing prices index rose to 70.3 in July, up from 67.7 in June, according to data from the Institute for Supply Management.

The U.S. ISM non-manufacturing employment index dropped to 47.4 in July from 51.2 in June, marking a decline of 3.8 points.

According to MSX.COM, SpaceX stock fell 13% at market open today (August 5), wiping out $210 billion in market value.

According to MSX.COM data, Nvidia stock price rose 3% to $218.2 per share on August 5, marking its highest level since June 4. The company's market capitalization reached $5.28 trillion.

According to Odaily, on August 5, U.S. stock market indices and AI-related stocks rose on market open. The S&P 500 gained 0.71%, Nasdaq Composite rose 0.45%, and Dow Jones Industrial Average climbed 0.74%. Among AI concept stocks, Arista Networks led with a 12.5% surge, followed by Nvidia up 2.97%, Iron Mountain up 3.19%, and AeroVironment up 3.48%, according to data from MSX.COM.

According to MSX.COM data, the U.S. optical communication sector reversed earlier losses today, with Coherent gaining over 6%. Lumentum and Ciena also rose over 2%, while Marvell Technology climbed over 1%.

According to Reuters, JPMorgan Chase CEO Jamie Dimon is leading the expansion of the Alliance for Critical Infrastructure (ACI) to address security risks from rapidly deployed AI systems. Since July, Dimon has contacted over 40 critical infrastructure companies across finance, energy, water, utilities, telecommunications, aviation, and railways. The expanded ACI platform will focus on sharing information about AI use cases, potential risks, and required security measures, in coordination with th

Shanghai silver futures contract 2610 rallied strongly intraday on August 5, with gains expanding to 3.50% and prices climbing to 15,227 yuan per kilogram. Trading volume exceeded 350 billion yuan, while open interest increased by approximately 8,100 contracts, reflecting elevated market activity.

According to UNESCO, on August 5, Beijing was formally confirmed as the World Architecture Capital for 2029 by the United Nations Educational, Scientific and Cultural Organization and the International Union of Architects.

According to New York Federal Reserve data released on August 4, the Secured Overnight Financing Rate (SOFR) rose to 3.66% from 3.65% the previous day. The effective federal funds rate held steady at 3.63%.

According to Al Jazeera, Lebanon and Israel concluded their second round of talks in Rome today (August 5).