Gate Crypto Flash News and Market Updates

According to U.S. Secretary of State Marco Rubio on August 24, the United States formally removed Syria from its designation as a state sponsor of terrorism. Rubio also delisted the Syria Liberation Front from the U.S. terror organization list. He stated the move "eliminates the last major barriers to private sector investment in Syria" and will "promote Syria's economic recovery and reintegration into the global economy."

According to Bitmine's statement via PR Newswire, the company bought 32,447 ETH last week as of August 23, lifting its total holdings to 5.85 million ETH, worth approximately $14.3 billion at current prices. This represents roughly 4.8% of Ethereum's estimated 120.7 million-token supply, bringing Bitmine close to its stated goal of owning 5%. The purchase follows Bitmine's aggressive accumulation strategy since launching its Ethereum treasury in June 2025. Ethereum surged 30% in the week, markin

According to Newsis reporting as of August 25, the U.S. 30-year Treasury yield has surpassed 5.3%, reaching its highest level since 2007, even as the U.S. government expands buybacks of long-term debt. The 10-year yield, recently hovering near 4.7%, threatens to approach 5%, according to analysts. Research firm MRB Partners warned that if 10-year yields reach 5%, the S&P 500 could fall 15-20%. MRB partner Philip Colmar noted that Treasury buybacks without Federal Reserve policy coordination may

According to market consensus, Nvidia will release second-quarter fiscal 2027 earnings on August 26 after market close, with average analyst expectations for revenue of $92 billion and adjusted earnings per share of $2.09, representing 96% year-over-year growth. Data center revenue is projected to exceed $85.4 billion. The report comes amid heightened market scrutiny over whether massive corporate AI capital expenditures will translate into sustainable returns. Analysts highlight that market exp

According to House of Representatives financial filings, Pelosi family invested $13.5 million in AI infrastructure stocks Intel and Bloom Energy in late July. The transactions, conducted by Pelosi's spouse, included 10,000 Intel shares and 50 call options, along with 15,000 Bloom Energy shares and 200 call options expiring June 2027.

According to British Maritime Trade Operations, a tanker reported being struck by an unknown projectile approximately 9 nautical miles northeast of Ashkhara, Oman, today. The strike damaged the vessel's engine room, causing the ship to lose propulsion. The incident was confirmed through the ship captain's direct report to the maritime authority.

According to KOSCOM ETF Check, South Korean retail investors shifted to U.S. equity index and covered call exchange-traded funds during the week of August 18-21, citing fatigue with domestic market volatility. Among the top 10 net-buy ETF products tracked by the platform during that period, four were U.S. equity-tracking funds and three were covered call products.

According to CME FedWatch, on August 25, the Federal Reserve has a 58.6% probability of holding rates unchanged in September, with a 41.4% probability of a 25-basis-point rate hike. For October, the probability of holding steady stands at 43.0%, while the odds of a 25-basis-point increase are 46.0%, and a 50-basis-point increase are 11.0%.

According to CNBC reports, Paramount's settlement discussions with California Attorney General Rob Bonta over the $110 billion acquisition of Warner Bros. Discovery collapsed on Monday, August 24, after the state alleged that Paramount leaked details of their negotiations to the media. Bonta's office said the disclosure, which included reporting on potential divestiture remedies such as pay-TV network sales, demonstrated "a lack of good faith" and led them to call off further talks. Paramount de

According to Korea Economic TV, the U.S. announced today an unprecedented 'complete financial isolation' sanctions package targeting Iran as part of an economic warfare strategy. The announcement includes a warning to Chinese banks involved in Iranian crude oil trading that "there are no exceptions," signaling potential secondary sanctions. The move comes ahead of a planned U.S.-China summit next month and is expected to have significant geopolitical implications.

According to SK Securities analyst Na Seung-doo on August 24, Kosdaq-listed companies posted a 62.4% operating profit surge in the first half of 2026 compared with the same period last year, with combined revenue reaching 216 trillion won, up 23.6% year-over-year. Net profit jumped 260.2%, while profitable companies on the exchange increased from 978 to 1,033. Na noted that broad-based earnings growth across software, semiconductors, steel, and other sectors signals undervaluation in the Kosdaq.

The Trump Tariff Losers Index rose 0.50% to 116.45 points on Monday, August 24, displaying a V-shaped pattern for the session.

According to Nikkei, Japan plans to invest $630 million to purchase submarine cable laying ships. The initiative aims to strengthen Japan's infrastructure capabilities in underwater cable infrastructure deployment.

According to South Korea's Financial Supervisory Service and investment banking sector, domestic private equity fund (PEF) commitments reached a record 167.5 trillion won as of August 24, with 1,195 active funds under management by 455 GPs. However, the market shows sharp concentration among large operators: 45 large GPs controlling over 1 trillion won in commitments represent just 9.9% of total GPs but manage 68.7% of all capital. This concentration ratio has widened from 60.4% in 2022 to 64.6%

According to ChainCatcher, U.S. soldier Gannon Ken Van Dyke was charged in April with fraud for allegedly using non-public information to trade on Polymarket event contracts related to Venezuelan President Nicolás Maduro's removal and profit over $400,000. The Commodity Futures Trading Commission (CFTC) filed a civil lawsuit, but a federal judge postponed proceedings pending the outcome of the criminal case. Van Dyke's attorneys filed a motion Monday opposing CFTC intervention in the criminal pr

According to The Fact, mid-sized securities firms in South Korea delivered solid results in the first half of 2026, with net profits surging 63%, but the performance gap with major brokerages widened significantly as the latter's profits jumped 129%. Trading volumes and investor deposits have declined since the second half began, raising concerns for mid-sized firms with higher dependence on brokerage income amid weakening competition in investment banking.

According to Korea Exchange, on August 24, Cosmax shares hit a record high at 286,000 won, up 54.85% in one month. The surge significantly outperformed the benchmark KOSPI index (down 5.64%) and semiconductor stocks (down 7.73%). Other beauty ODM manufacturers also rallied: Cosmetica Korea and Korea Kolmar gained 67.87% and 39.65%, respectively. According to Korea's trade statistics portal TRASS, beauty product exports surged in August. From August 1-20, exports reached $714 million, up 71.8% ye

According to BNP Paribas Wealth Management, the firm has set a 12-month target for the U.S. 10-year Treasury yield at 4.50% in July 2026. The adjustment follows recent observations of the yield around 4.40%, after briefly surpassing 4.60% in May.

On Monday (August 25), the Canadian dollar fell 0.6% against the U.S. dollar as trade tensions between Washington and Ottawa escalated, with new 50% tariffs on approximately $20 billion in Canadian imports taking effect over the weekend. Negotiations between the two nations broke down, and Canada announced retaliatory tariffs beginning September 8. Meanwhile, the U.S. dollar index rebounded 0.2% to 99.01, recovering from a 0.9% decline the previous week. Long-term U.S. Treasury yields, which sur

On Monday (Aug 24), the Information Technology index fell 2.6% to 403.06 points. The AI Winners index declined 2.38% to 387.25 points, while the AI Software Pioneers index dropped 1.49% to 125.53 points.