Gate Crypto Flash News and Market Updates

Bitcoin reclaimed $80,000 on Thursday (Aug. 28), breaking through a key $79,000 resistance level. The price climbed from under $77,900 on Wednesday night to an intraday peak of $80,808, reflecting a 24-hour gain of roughly 3%. As of 12:12 p.m. EST, BTC traded above $80,400, lifting its market capitalization to $1.61 trillion. Volatility triggered $416 million in total crypto liquidations over 24 hours, with short positions accounting for roughly $80 million of losses. According to The Economist,

According to Jin10, on August 28, Boston Federal Reserve President Beth Collins stated that if inflation falls less than expected, she may support a rate hike at the next Fed meeting. Collins also said she expects rates to remain unchanged through year-end and views current rate levels as having a "mild restrictive" effect on the economy.

According to Jefferies, Salesforce (CRM-US) stock surged 21% overnight on Aug 28, with the bank raising its price target to $300 from $250, reflecting confidence in the company's AI monetization progress. The rally was driven by signals in the latest earnings that Salesforce's AI agent platform Agentforce is converting from testing to actual revenue generation. Deutsche Bank noted that half of Agentforce orders in Q2 came from customers replenishing used capacity, indicating enterprises are adop

Gold T+D on Shanghai Gold Exchange fell 0.3% to 993.7 yuan per gram at evening close on Aug 27, while silver T+D rose 0.84% to 16,856 yuan per kilogram.

On September 2, 2026, the Bank of Canada is widely expected to hold its overnight policy rate unchanged at 2.25%, according to analysts including Jamie David, VP of Mortgage at Ratehub. The rate has remained at this level since October 2025. The decision comes as consumer inflation rose to 3% in July, limiting room for a rate cut despite escalating trade tensions threatening economic growth.

Shanghai Futures Exchange crude oil 2610 contract closed up 4.76% at 601 yuan per barrel during the night session on August 27. Gold futures fell 0.18%, while silver futures rose 1.35%.

According to Ledger's CTO Charles Guillemet, the company patched a transaction-replacement vulnerability in its Ethereum app version 1.22.2 on August 13, before rival wallet maker OneKey published a lab test reproducing the flaw in the outdated version 1.22.1 on Thursday. The vulnerability, a race condition between transaction display logic and the transaction buffer, could allow an attacker who controlled communications between a device and host to display one transaction while signing another.

According to The Information, Anthropic plans to file its IPO prospectus after Labor Day in the United States. The company is also considering implementing an extended lock-up period for existing shareholders post-IPO.

According to Mehr News Agency, Iran's Islamic Revolutionary Guard Corps Intelligence Organization issued a statement on August 27, asserting that based on its assessment of political, economic, social, and military developments over the past 60 days, adversaries are increasingly employing cognitive warfare and information warfare tactics to reshape their strategy against Iran.

According to Anthropic, on Thursday the company announced the Model Hardware Standard (MHS), a new interface designed to simplify how AI agents operate and communicate with machinery. The standard works with any device featuring a programmable interface, including those used in scientific research and advanced manufacturing, functioning similarly to a USB-C connector for device communication. MHS is currently available to select organizations in science, robotics and manufacturing as part of a r

According to Reuters, U.S. President Donald Trump is expected to hold a refining industry conference next week.

According to CRU Group, global aluminum supply is rebounding faster than expected, pressuring prices downward. CRU projects a supply deficit of under 500,000 tonnes this year, but forecasts will shift to significant oversupply in 2027 and 2028 as Middle Eastern smelters resume production and projects in China and other regions release additional supply. The anticipated price decline will benefit consumers, though it may challenge U.S. efforts to expand domestic aluminum production capacity.

Federal Reserve official Beth Hardin Collins recently commented that recent inflation data presented a mixed picture, with overall inflation figures coming in stronger than expected, though certain detailed components showed encouraging signs.

According to Gate data, Brent crude oil (XBRUSD) broke through $90 per barrel overnight, now trading at $90.07, up 1.0% in the past 24 hours.

Brent crude oil rose to $88.10 per barrel and WTI crude oil climbed to $83.02 per barrel on August 27, with both benchmarks gaining over 2% intraday.

On Thursday, 116 companies and entities including OpenAI, Anthropic, Microsoft, Advanced Micro Devices, CrowdStrike, and Palo Alto Networks signed a joint letter calling for urgent action to strengthen cybersecurity defenses in the age of artificial intelligence. The signatories stated they have "a limited window to strengthen cyber defenses" and urged all organizations to upgrade security systems, deploy advanced defense tools, and adopt a mix of established and frontier AI models to combat mou

Canada's Industry Minister Melanie Joly announced in Vancouver that she will meet with executives from Canada's automotive industry in Toronto on Friday, August 29.

According to Wall Street Journal, citing sources, the Trump administration has indicated to mediators on multiple occasions that it will not re-accept the terms of the memorandum of understanding reached with Iran in June 2026.

According to blockchain intelligence firm Chainalysis, the OECD's Crypto-Asset Reporting Framework (CARF), set to take effect next year, captures only 14% of estimated global taxable onchain crypto activity, which reached $457 billion in 2025. The remaining 86% of activity—encompassing decentralized exchange trades, peer-to-peer transfers, self-custody transactions, mining rewards, staking yields, and crypto-denominated payments—falls outside CARF's scope. The framework applies only to centraliz

U.S. President Trump stated the Strait of Hormuz is currently open and disclosed that 24 vessels successfully transited the waterway overnight (Aug 26).