Gate Crypto Flash News and Market Updates

According to MarketWatch, on Thursday (August 22), the 10-year U.S. Treasury yield rose approximately 5 basis points to 4.69%, while the 30-year yield broke above 5%, marking the highest level since 2007. This came despite the Treasury Department's announcement on Wednesday of increased long-term debt buybacks scheduled for September, which only temporarily eased yields before investors demanded higher compensation to hold longer-dated bonds. The yield rebound was primarily driven by surging oil

According to ChainCatcher, trader Machi Big Brother grew his Hyperliquid perpetual futures account from approximately $100,000 to roughly $9.5 million in just two days, achieving a near 100-fold return and generating approximately $9 million in profit. Last week, Machi Big Brother liquidated his remaining Bored Ape NFTs to fuel leveraged long positions on ETH on the platform.

According to Blockchain Association CEO Summer Mersinger on August 22, reopening negotiations on the Clarity Act just weeks before the Senate votes on September 15 will jeopardize the legislation. Mersinger said the American Bankers Association's proposed changes—replacing current standards with "substantially similar interest" and removing the word "solely"—represent major policy shifts, not minor edits. These modifications could expand regulatory interpretation and alter stablecoin yield limit

According to RootData data, Hyperliquid (HYPE) will unlock approximately 9.92 million tokens worth roughly $800 million on August 29 at 7 a.m. Beijing time.

According to Odaily, Jiang Zhuoer, founder of Litbit Mining Pool, stated recently he is 90% confident the bear market has ended and expects ETH to outperform BTC in the upcoming bull cycle. Jiang revealed he sold ETH at $1,738–$1,931 earlier but bought back at $2,100 stop-loss, then sold 50% of holdings at $2,525 with a $2,550 stop-loss set. For remaining dry powder, he plans to buy if BTC drops to $67,000–$72,000, otherwise will enter at market price by end of October.

According to OKX market data, OKB rose over 10% intraday on August 22, reaching a high of $120. The token is currently trading at $116.7.

Gate News message, loracle.hl(@loraclexyz) has recorded losses exceeding $70 million on $HYPE over the past three months. The trader currently holds a short position of 685,744 $HYPE valued at $54.88 million. This position faces liquidation if $HYPE price reaches $101.15. The trading activity is associated with wallet addresses 0x6315c7d325ea3508ad503f197d1671e097d0074a and 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.

According to Coinbase, the exchange has added five tokens to its asset listing roadmap: Cluster Protocol (CP), Basecat (BASECAT), DebtReliefBot (DRB), Dolphin (POD), and Grass (GRASS). CP, BASECAT, DRB, and POD are Base network assets, while GRASS operates on Solana. Coinbase noted that inclusion on the roadmap does not guarantee immediate trading availability; assets must meet market-making support and technical infrastructure requirements before trading launches.

According to Iranian Foreign Ministry spokesman Baghaei, speaking on social media on August 22, the United States' newly announced economic sanctions against Iran are not only an ongoing illegal "economic war" against a single nation but also lack any basis under international law. Baghaei stated that such sanctions violate the principle of sovereign equality enshrined in the United Nations Charter. He characterized the measures as "economic coercion forcing a sovereign state to alter its legiti

According to HTX market data, BNB broke above $700 on August 22, gaining 6% in the past 24 hours, with market capitalization rising to $92.98 billion.

According to Coinglass data, Ethereum's open interest across all networks rose 7% over the past 24 hours, reaching a total of $33.084 billion. Binance accounted for $9.15 billion, followed by Gate at $2.718 billion and Bybit at $2.253 billion.

According to AT&T, the company reduced AI coding costs by 56% through model routing technology between February and July 2026, with only a 2% performance decline. The telecom giant implemented LiteLLM-based routing that directs routine employee queries, particularly coding-related tasks, to lower-cost open-source models, while reserving premium models from OpenAI and Anthropic for complex work. Currently, open-source models handle approximately 40% of employee AI queries on AT&T's internal "Ask

According to BlockBeats and HTX data, Zcash (ZEC) surged past $833 today (Aug 22), marking an all-time high and posting a 1970% gain over the past year. The rally was driven by multiple catalysts, including Grayscale's fourth S-3 amendment filing to convert its Zcash Trust into a spot ETF (proposed ticker ZCSH) and DCG's potential injection of approximately 200,000 ZEC into the fund. Additionally, Cypherpunk Technologies, backed by the Winklevoss twins, launched a major ZEC mining cluster contro

International gold prices have surged over 12% in roughly a month, triggering renewed investor interest in bank gold products in South Korea. As of August 19, combined gold deposit balances at three major commercial banks reached 1.7822 trillion Korean won, rebounding for the first time in approximately seven months. Additionally, gold bar sales at the nation's five largest banks hit a daily average of 1.83 billion Korean won this month.

According to Jinshi Data, eight foreign ministers from Egypt, Jordan, the UAE, Indonesia, Pakistan, Turkey, Saudi Arabia, and Qatar released a joint statement on August 21, condemning Israel's illegal settlement policies in occupied Palestinian territories. The statement explicitly opposes the E1 settlement plan and settlement activities in East Jerusalem. On August 18, Israel's government announced a tender for 1,234 housing units in the E1 area. In August 2025, Israeli Finance Minister Bezalel

According to Tushar Jain, co-founder of Multicoin Capital, Strategy's perpetual preferred stock STRC has failed to recover to par value despite Bitcoin's significant rally on August 22, citing dividend yield that is too low. STRC, initially positioned as a fixed-income product, has experienced approximately 30% drawdown.

According to Ken Griffin's letter to clients on Friday (August 21), Citadel has disposed of over 80% of the risk in its original acquired portfolio through more than 100 block trades worth over $4 billion, involving 10 different stocks. Griffin described these trades as "the largest single-day block trading activity of the year." Citadel's flagship Wellington multi-strategy fund delivered a July return of 5.94%, marking its best monthly performance since 2022.

According to BlockBeats, on August 22, a node identified as "Kraken HIP-3 test DEX" enabled compliance features on Hyperliquid testnet, including whitelisting, forced liquidation controls, and collateral transfer management. The node registered 10 wallets on the whitelist and established a "Kraken Exchange Validator" account. While the testnet supports permissionless deployment, the move was widely interpreted by the community as a major compliance-focused exchange testing Hyperliquid's permissi

According to Jin10, on August 22, during a rally in Myrtle Beach, South Carolina, U.S. President Donald Trump stated that America has not built a new automobile factory in 40 years, but the country is now constructing more factories than at any point in history. Trump also said tariffs are his favorite word, though he noted facing criticism from media outlets. Additionally, Trump mentioned that the U.S. inflation rate declined at the fastest pace in years last month, and the country now has more

According to ChainCatcher, SOL/USDT hit $95.03 today, based on Gate's market data. The cryptocurrency gained 6.4% over the past 24 hours.