Gate Crypto Flash News and Market Updates

Saudi Arabia's benchmark index closed up 1.10% on Sunday, August 2, finishing at 10,705.87 points, according to Saudi Exchange data. The market initially opened higher but declined before rallying sharply on weekend headlines regarding Middle East tensions. Saudi Aramco gained 0.38%, closing at 26.58 Saudi riyals.

Silver prices broke through $53 per ounce on August 2, with intraday gains of 1%.

According to Wall Street Journal, Gulf states have expressed frustration with the lack of a U.S. strategy against Iran, as their territories face frequent attacks from Iran amid ongoing regional tensions. The Gulf allies have recently requested more air defense interceptors from the United States and sought assurances that U.S. military forces will protect them during potential confrontations. However, regional positions vary; the United Arab Emirates and some other states have been urging the T

According to analyst AntiFragile, on August 2, Bitcoin's order book displays substantial buy support concentrated between 2% and 20% below current price, with these orders dating back to early June. The accumulated buy orders suggest long-term investors are positioned for potential price pullbacks rather than chasing upside moves.

Over the past three months, Japan reduced its U.S. Treasury holdings by $96 billion, bringing total holdings to $1.14 trillion, the lowest level since April 2025, according to market sources.

According to Executive Chairman Michael Saylor, on Saturday Strategy maintained its preferred STRC dividend at 12% for August despite the shares closing at $89.46 on Friday, significantly below the $100 par value. The 5.42% monthly price increase still leaves STRC investors with holdings valued well below face value. Strategy has built a $3.75 billion cash reserve to support preferred stock dividend payments following the launch of its Bitcoin monetization program. The company said the reserve c

According to Youanalyze, U.S. stock markets face two critical tests this week. Over 25% of S&P 500 companies will report second-quarter earnings, while the July non-farm payroll report due August 7 is expected to significantly influence investor expectations on a potential Fed rate hike in September. The market consensus expects 83,000 new jobs added in July and a 4.3% unemployment rate. If employment beats expectations, investors may renew bets on a September rate hike, with futures markets cur

According to Jin10, Armenian President Hayk Khachaturyan signed a decree on August 2, appointing Nikol Pashinyan as Prime Minister. Pashinyan secured reelection to his position.

According to Odaily, Stacks co-founder Muneeb shared lessons from the Coldcard wallet security incident, recommending a diversified bitcoin storage strategy: 20-30% in Bitcoin ETFs for professional custody and regulatory protection; 40-50% in multi-signature solutions like three-key setups with keys distributed across security firms, mobile devices, and hardware wallets; and 20-30% in self-managed solutions combining different hardware wallets. Muneeb also warned that quantum computing breakthro

Kimi has open-sourced PerceptionBench, a multimodal visual perception evaluation benchmark, breaking down vision capabilities into 10 atomic dimensions including visual relationships, counting, attributes, depth, localization, comparison, fine-grained recognition, context integration, OCR, and hallucination detection. The benchmark contains 3,000 manually verified questions built from failure cases across 42 existing evaluation sets, with each question testing a single visual capability without

According to the U.S. Central Command, a U.S. Marine Corps F-35C stealth fighter launched from the USS Abraham Lincoln (CVN 72) today (August 2) to support a blockade operation against Iran in the Arabian Sea. As of August 2, the Central Command has redirected 35 commercial vessels, disabled 2 vessels, and inspected 2 others.

According to onchain data from Arkm, Trump Media-linked wallets transferred 2,628 bitcoin worth approximately $165 million to Crypto.com on August 1, per an X post by Lookonchain. The transfers reduced the balance in publicly tracked Trump Media wallets to roughly 4,261 BTC, valued at about $268 million as bitcoin traded near $63,000. Lookonchain characterized the move as a likely sale, though onchain data confirms only the transfer to Crypto.com, not the sale itself. Trump Media previously stat

According to The Fact, Gudai Global is preparing to file for IPO preliminary examination in the third quarter, with pre-IPO valuation of 4.4 trillion won potentially reaching up to 10 trillion won. Through M&A activities, the company's consolidated revenue increased nearly four-fold in the past year; however, 59.3% of total assets are intangible assets, raising questions about asset quality ahead of the IPO process.

According to Glassnode on August 2, Bitcoin futures basis yields have remained below 2-year U.S. Treasury yields since February. The analytics firm noted this mirrors a historical precedent: from August 2022 to January 2023, a similar extended period ultimately marked a cycle bottom.

According to Russian Defense Ministry statement, Russian forces conducted strikes on port infrastructure in Nikolaev, Ukraine, and attacked two cargo ships carrying supplies to Ukrainian armed forces, as well as one sea towing vessel used for deploying underwater drones.

According to BBC investigations and subsequent reports in 2026, Meta's Ray-Ban AI smart glasses have faced widespread privacy backlash. In January, a BBC investigation found women being secretly filmed with the glasses after being approached in public, with videos posted to TikTok without consent. Swedish media reported in February that contractors reviewing footage for Meta's AI saw sensitive content including bathroom use, undressing, and financial data. Meta faced a class-action lawsuit in Ma

According to Odaily, MicroStrategy CEO Michael Saylor disclosed on August 2 that the company holds 843,775 BTC with a market value of approximately $53.25 billion. The holdings have an average acquisition cost of $75,653 per BTC. MicroStrategy's official ledger shows the company has completed 116 disclosed treasury transactions to acquire the BTC for approximately $63.69 billion at an average price of $75,476 per coin. Recent activity includes two BTC sales totaling 3,588 coins, bringing holding

According to PANews, Morgan Stanley China chief economist Xing Ziqiang outlined his latest views on August 2. Xing stated that recent AI sector volatility stems from crowded positioning, large tech company capital reallocation, and rising oil prices raising rate hike expectations—not from fundamental deterioration. He characterized AI investment as entering a consolidation phase, with focus shifting from pursuing upstream semiconductor capacity to two new directions: AI application deployment (c

According to ChainCatcher, Jia Yangqing, former Alibaba VP and founder of Lepton AI, has announced the establishment of Intent Lab and launched Fleet, an autonomous agent team designed to transform natural language requirements directly into production-ready software systems. Users can describe their development intent, and Fleet handles the entire workflow including system architecture design, code development, infrastructure deployment, testing, quality assurance, and performance optimization.

According to ChainCatcher, AI speech generation startup Fish Audio completed a $52 million seed funding round, led by Coreline Ventures and Capital Today, with participation from 359 Capital, Parable, and Play Time. The company was founded by former NVIDIA researcher Shijia Liao and has launched five models over the past year, including four voice generation models and one speech-to-text model.