Gate Crypto Flash News and Market Updates

According to Mohamed El-Erian, Chief Economic Advisor at Allianz, on August 24 (local time), rising long-term U.S. Treasury yields reflect massive public and private bond issuance and weakened demand from traditional buyers. China, Japan, and Gulf Cooperation Council (GCC) members, historically major supporters of U.S. debt demand, are now facing domestic challenges that limit their Treasury purchases, El-Erian said on X.

According to BlockBeats and TradingBeats monitoring, Ethereum's largest on-chain long holder—a BIT-affiliated address—offloaded 14,000 ETH (approximately $34.15 million) for profit today (Aug 24). The address (0xa5b0edf6b55128e0ddae8e51ac538c3188401d41) maintains a remaining position worth approximately $25.24 million with an average entry price of $2,340.86, currently showing an unrealized gain of approximately $1.83 million.

According to India's Department of Investment and Public Asset Management, the Indian government plans to sell up to 6% of its stake in Hindustan Copper Limited (HCL) via stock exchange, with a floor price of 514 rupees per share. This represents a 10.4% discount from Monday's closing price of 573.55 rupees. The base transaction involves 29.01 million shares, with an option to sell an additional 29.01 million shares if there is excess demand.

According to Ukrainian President Volodymyr Zelenskyy, three to four vessels continue to enter the Port of Greater Odesa daily despite Russian attacks aimed at imposing a full transport blockade. The statement underscores ongoing maritime operations in the region amid the conflict.

B.AI's free model initiative surpassed 2 trillion tokens in cumulative throughput within just one week of launch. The platform maintained stable operation throughout high concurrency loads and large-scale automated scheduling tasks.

According to ChainCatcher, Super League, the U.S.-based bitcoin treasury subsidiary of Japanese company Metaplanet, raised $2.3 million through an ATM offering. This marks the first fundraising of this kind since the subsidiary was established, as Metaplanet continues to mobilize capital across two continents.

According to CCTV, China's Ministry of Emergency Management launched a Level 4 national geological disaster emergency response for Fujian Province today (August 24).

According to Maersk, last week (week of Aug 17), vessel traffic through the Strait of Hormuz and the Bab el-Mandeb remained active. However, overall transit volume masks significant structural changes in vessel flow patterns, the shipping company noted.

ASX has launched Australia's first exchange-traded futures linked to Bloomberg AusBond benchmarks, providing institutional investors with standardized contracts to manage Australian fixed-income exposure. The Composite Index Future (code CM) and Credit Index Future (code CR) track benchmarks with more than A$60 billion in assets, according to ASX. Each contract is valued at A$10 per index point with approximate notional value of A$100,000. Trading runs on ASX 24 during Sydney day sessions (8:30a

According to Phantom, the wallet will discontinue support for the Sui blockchain on September 24, 2026, giving users 31 days from the August 24 announcement to migrate their assets. Users will no longer be able to view, send, swap, or interact with Sui assets through Phantom's interface after the deadline. However, Sui assets will remain recorded on the blockchain and under users' full control. Those wishing to continue managing Sui holdings can migrate their recovery credentials to another comp

According to Lookonchain data, 4 publicly listed companies collectively increased their Bitcoin holdings by 1,371 coins worth $107.96 million during the week of August 17-23, 2026. In the same period, stablecoin market capitalization rose by $2.19 billion, while decentralized exchange spot trading volume surged 91.62% and perpetual contract trading volume climbed 104.06%, with protocol revenues up 13.4%.

According to a government statement, Indian Trade Minister Piyush Goyal urged Japanese companies to double their business operations in India during this decade on August 24. Goyal arrived in Tokyo to lead India's largest-ever business delegation to Japan, as New Delhi seeks to attract increased investment from the country.

According to CryptoQuant analyst Woominkyu, Bitcoin has surged approximately 30% since early July, rising from roughly $60,000 to $78,000. Over the same period, total market capitalization increased from $20.6 billion to $24.9 billion, nearing the cycle highs for this phase. Notably, leverage ratio did not rise proportionally with price gains. The indicator peaked on August 14 and has since declined, remaining suppressed even as BTC accelerated upward after August 19, suggesting a healthier fund

According to Belarus' First Information Television Channel, Russia and Ukraine exchanged 20 captured personnel in Belarus on August 24. The exchange included 10 Ukrainian citizens and 10 Russian soldiers, who have returned to their respective countries. Belarus provided the venue for the exchange, which was conducted under the direction of President Lukashenko.

According to Iran's Foreign Ministry spokesman Baghaei, reported by the Iranian Islamic Republic News Agency, Iran warned today (August 24) that any cooperation with U.S. military actions against Iran will face consequences. Iran will continue to adjust its diplomatic approach based on regional and international developments to protect national interests and security.

TotalEnergies CEO stated that the cost of transporting a single oil shipment through the Strait of Hormuz is $20 million. The Strait of Hormuz remains one of the world's most critical energy chokepoints, with a significant portion of global oil exports passing through the narrow waterway.

According to China Earthquake Networks Center, a 5.9-magnitude earthquake struck Indonesia's Banda Sea on August 24 at 10:10 p.m. local time. The epicenter was located at 6.74 degrees south latitude, 127.44 degrees east longitude, with a depth of 10 kilometers.

According to an announcement on Monday, Gemini Space Station Inc. and Apex Fintech Solutions Inc. signed a letter of intent making Gemini Titan the exclusive regulated venue for crypto prediction market contracts distributed through Apex's Futures Commission Merchant to Apex's brokerage customers. Under the arrangement, brokerages offering crypto event contracts through Apex will route execution and clearing to Gemini Titan, positioning it as the exclusive CFTC-regulated venue for such contracts

JPMorgan Chase reached $970 billion in market capitalization in mid-August, moving closer to the historic $1 trillion milestone. In May, the bank's blockchain division Kinexys participated in a live cross-border transaction with Ondo Finance, Mastercard, and Ripple, completing a redemption of Ondo's tokenized U.S. Treasury fund (OUSG) on the XRP Ledger. The asset leg was processed on XRPL in under five seconds, including outside traditional banking hours, demonstrating institutional financial in

CME Group's four E-nano equity index futures began trading on August 24, 2026, offering exchange-listed exposure to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average at one-tenth the size of Micro E-mini contracts. The S&P 500 and Russell 2000 contracts move at $0.50 per index point, while Nasdaq-100 moves at $0.20 per point and Dow Jones at $0.05 per point. All four contracts are one-hundredth the size of their full E-mini equivalents, with the S&P contract representing ap