Gate Crypto Flash News and Market Updates

Nvidia (NVDA) shares dropped over 3% during the afternoon close of today's trading session, marking a notable decline in the final hours of the market day.

According to Sui, the network has launched Squid Mode, allowing AI agents to access wallets without requiring private keys. The feature executes strategies outside of agents and splits each signature across independent validators to eliminate single points of failure. Squid Mode is built on 2PC-MPC technology.

According to Odaily, on-chain analyst tracked wallet bowen1476 opened its 15th Bitcoin short position in five days on August 24, using 40x leverage to short 300 BTC with a nominal value of approximately $23 million. The entry price was around $77,100, compared to Bitcoin's price of approximately $77,500 at the time. The previous 14 trades in this sequence resulted in consecutive losses totaling $4.56 million. Since May 2026, when the wallet closed a 700 BTC short position, it has not realized an

According to Heraeus analysts, gold prices rallied to their highest level since early June on August 21, reaching $4,600 per ounce following the U.S. Treasury Department's announcement to double buybacks of long-dated securities to at least $14 billion in additional purchases between September 9 and November 4. The 10-year Treasury yield fell around 6 basis points to 4.65%, while the 30-year yield dropped nearly 10 basis points to around 5.19%, reducing the relative attraction of government bond

According to an interview with Kitco News, monetary historian Barry Eichengreen said he has changed his view on how quickly the dollar could lose confidence, becoming worried since April 2, 2025, about an abrupt shift before alternatives emerge. The Berkeley economist, who authored the standard history of international monetary flows, noted the dollar's share of global reserves has declined from over 70% at the century's start to under 60% now, with gains primarily flowing to non-traditional res

According to New York Times, on August 23, California Attorney General Rob Bonta canceled scheduled antitrust settlement talks with Paramount, citing the studio's alleged leak and misrepresentation of negotiation details. Bonta stated in a statement that Paramount failed to engage in good faith discussions. The dispute centers on Paramount's $110 billion acquisition of Warner Bros. Discovery, which California and 11 other states have sued to block, arguing the merger would harm competition in fi

According to Iran's Economy and Finance Minister Shahab Madanizadeh, on the evening of August 24, Iran is fully prepared to respond to new U.S. sanctions. Madanizadeh stated that the Iranian government has long been planning for potential sanctions and emphasized that the United States cannot completely sever Iran's financial and trade connections. He added that if the U.S. takes any action, it should expect retaliation from Iran.

According to Kitco, spot gold was trading near $4,657 per ounce, up 1.19%, while spot silver was at $69.160, up 0.43%, on Monday morning. A weaker U.S. dollar, fiscal-risk hedging and ongoing Strait of Hormuz uncertainty supported buying activity despite elevated Treasury yields. Gold is testing the $4,661 resistance level. Key economic data this week include July PCE figures and second-quarter GDP estimates on Wednesday at 8:30 a.m. ET, followed by Fed Chair Kevin Warsh's Jackson Hole speech Fr

According to U.S. Treasury Secretary Scott Benson on August 24, the Trump administration officially launched 'Operation Economic Outcast' to isolate Iran from global financial systems. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) will now impose secondary sanctions on individuals and entities worldwide engaged in Iran trade across five sectors: digital assets, precious metals, aviation, maritime shipping, and advanced technology. Benson warned that any financial institu

According to Foresight News, Ethereum engineer Mislav Javor has joined the nonprofit Ethlabs research lab. Javor has worked in Ethereum development since 2016 and is a two-time startup founder who co-authored "Developers Guide to Ethereum," one of the earliest EVM development resources. He will focus on platform-level work, specializing in account systems and interoperability.

According to Iran's state media Fars News, Iran's economy minister attributed the country's currency devaluation to tensions in the media environment on August 24. The minister stated that the government is working to restore normal conditions in the foreign exchange market.

On Aug 24, U.S. Treasury yields declined significantly during New York's close. The 10-year yield dropped 3.18 basis points to 4.7021%, then refreshed its daily low at 4.6782% at 00:04 UTC. The 30-year yield fell 4.01 basis points to 5.2308%, hitting an intraday low of 5.2056% at the same time.

According to Bitcoin News on X, Bitcoin mining company Bitari Inc. plans to sell 4.3 million shares at $7 per share to raise $30 million and pursue a listing on Nasdaq. The company has announced intentions to conduct an initial public offering (IPO) as part of its growth strategy.

According to Treasury Secretary Scott Bessent, the U.S. Treasury announced new secondary sanctions targeting Iran's digital assets, aviation, gold, and shipping as part of what officials described as an "economic D-Day." Bessent said the measures "broaden secondary sanctions risk for anyone foolish enough to continue conducting business with this regime." The sanctions also included specific digital asset addresses, and the Treasury, State Department, and military are coordinating with global st

According to Stand With Crypto, the Coinbase-affiliated advocacy organization announced Monday that it endorsed 32 candidates for House of Representatives seats in the 2026 midterm elections based on their digital asset policy positions. The organization, which launched in 2023, said its endorsements target "proven digital asset policy champions" and competitive races where Stand With Crypto members are most likely to influence outcomes. Stand With Crypto Executive Director Mason Lynaugh said: "

According to Odaily, Coinbase's team recently built a Slack integration with x402 that allows users to ask agents questions directly in the platform. If a complete answer requires payment, the agent automatically purchases microservices without requiring users to submit budget requests or expense reports, and returns the answer in the same message. The feature only supports micropayments, not subscriptions.

Coinbase's tokenized US stocks went live on Base on Monday, with Chainlink Data Feeds providing continuous pricing for Nvidia, Apple, Meta and Alphabet tokens. The tokens, issued as B20 native assets, are available to non-US users in eligible jurisdictions and held in self-custody wallets with underlying shares custodied by Alpaca. According to RWA.xyz data, the tokenized stocks market has reached $2.48 billion, up 5.2% over the past 30 days, with monthly transfer volume at $27.28 billion and 2.

According to Fars News, Iran's president called on the United States on August 24 to adjust its tone and approach in dealings with Iran, stating that relying on hard pressure and bullying will only complicate implementation processes.

On Monday (August 24), the ICE Dollar Index rose 0.22% to 99.021 at the New York close, trading within a range of 98.762-99.063 points during the session. The Bloomberg Dollar Index gained 0.19% to 1,193.86 points, with an intraday range of 1,190.85-1,194.24 points.

According to ChainCatcher, SpaceX's Falcon Heavy rocket has been loaded with NASA's Roman Space Telescope and is scheduled to launch on Sunday, August 30, from Launch Complex 39A in Florida.