Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
15:49

UK 10-Year Gilt Yield Falls 0.5bp to 5.025% on August 6

On August 6 during European session close, the UK 10-year gilt yield fell 0.5 basis points to 5.025%. The 2-year yield declined 0.2bp to 4.351%, while the 30-year and 50-year yields fell 1bp and 0.9bp respectively. The 2/10-year yield curve spread narrowed 0.539bp to 67.152bp.
15:46

Nvidia Establishes Employee-Funded Political Action Committee NVPAC

According to Bloomberg, Nvidia has recently established NVIDIA Corporation Employees Federal Political Action Committee (NVPAC) to support U.S. federal candidates through voluntary donations from eligible employees. The move comes as Congress and the Trump administration discuss artificial intelligence regulatory frameworks. Nvidia, with a market capitalization exceeding $5 trillion, continues to expand its policy influence in Washington, where its chips remain critical infrastructure for the AI
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15:46

240 UK Taxpayers Report Crypto Gains Exceeding £1 Million in 2025 Fiscal Year

According to CoinDesk, 240 UK taxpayers reported cryptocurrency capital gains exceeding 1 million pounds (approximately $1.36 million) in the 2025 fiscal year—the first year the tax authority required disclosure. Among 17,600 people who reported taxable crypto disposals, roughly 90 percent were male. Total taxable digital asset gains reached 1.38 billion pounds ($1.77 billion), averaging 78,000 pounds per person.
15:45

Iran's Revolutionary Guard Issues Report on U.S.-Israel Actions on Aug 27

According to CCTV, Iran's Islamic Revolutionary Guard Corps intelligence directorate issued a report on Aug 27 detailing its assessment of U.S. and Israeli movements. The report stated that Iran has shifted from a defensive posture to actively developing strategic initiatives to influence the timing, location, and costs of warfare and diplomacy. The directorate also affirmed Iran's continued sovereignty over the Strait of Hormuz and maintained that its asymmetric warfare capabilities remain inta
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15:42

Binance Founder CZ Predicts Bitcoin Will Reach $1 Million Faster Than 25 Years at Bitcoin Asia 2026

At Bitcoin Asia 2026, Binance founder Changpeng Zhao (CZ) predicted that Bitcoin will reach $1 million, stating it will happen much faster than the 25-year timeline some analysts suggest. CZ also argued that Bitcoin has more advantageous features compared to gold, including limited supply, digital nature, and global transferability, and believes Bitcoin could eventually surpass gold as a more important reserve asset in the global financial system.
BTC3.11%
15:42

StarkWare Completes First Quantum-Resistant Bitcoin Transaction on Mainnet

According to StarkWare, the company completed the first quantum-resistant Bitcoin transaction on the mainnet using Quantum Safe Bitcoin (QSB) technology, with miners verifying the transaction. QSB employs a hash-based cryptographic system resistant to quantum algorithms, replacing traditional elliptic curve cryptography, and can be implemented within Bitcoin's existing scripting standards without requiring a consensus change or soft fork. Mainnet testing revealed the transaction cost approximate
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BTC3.11%
15:38

DeFi Development Corp Acquires Nearly 20,000 SOL Today, Expanding Treasury to 2.33M SOL

According to an official announcement, Nasdaq-listed DeFi Development Corp acquired roughly 19,000 SOL at an average price of $98.14 today (August 27), bringing its total Solana holdings to approximately 2.33 million SOL and SOL equivalents. The purchase was partially funded by its ZeroStack divestment, with the newly acquired SOL to be held long-term and deployed through the company's staking infrastructure.
SOL11.57%
15:35

Petrobras Explores LNG Exports from Offshore Fields Amid Rising Asian Demand on August 27

According to Jin10, on August 27, Petrobras is exploring the possibility of exporting liquefied natural gas (LNG) from its giant offshore gas fields as demand surges in Asia and other regions. The Brazilian state oil company's CEO Magda stated that Petrobras has been in discussions with Singapore-based shipbuilder Seatrium Ltd. regarding how to liquefy and export natural gas from the Atlantic deep-water basin.
GAS2.52%
15:31

Goldman Sachs Predicts Nvidia Fiscal 2028 Revenue May Grow 70% Amid Strong AI Chip Demand

According to Goldman Sachs analyst Jim Schneider, Nvidia's fiscal 2028 revenue could grow by approximately 70% from current levels, driven by sustained enterprise demand for AI computing and data center expansion. The prediction comes after Nvidia posted better-than-expected fiscal Q2 results and raised revenue guidance above market consensus, lifting shares about 4%.
15:31

Russia Implements Strict Spending Curbs as Federal Budget Deficit Hits 5.5 Trillion Rubles

According to Jin10, Russia implemented strict spending limits today (August 27) following a liquidity crisis in April that exposed mounting conflict costs. Russian Finance Minister Siluanov warned Prime Minister Mishustin that federal budget reserves have fallen to negative 5.5 trillion rubles (approximately $65.3 billion), leaving insufficient cash to cover all necessary payments on schedule.
15:29

U.S. Merchandise Trade Deficit Widens to $118.8B in July, Largest Since Early 2025; Capital Goods Imports Hit 33-Year High

According to U.S. Commerce Department data released Thursday, the U.S. merchandise trade deficit widened to $118.8 billion in July, expanding 17.2% from June and marking the largest gap since March 2025. The trade deficit exceeded economists' median forecast of $100.5 billion. Capital goods imports, including computers, semiconductors, and telecommunications equipment, surged to their largest increase since 1993. Overall merchandise imports rose 3.7% while exports declined 2.9%.
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15:28

Crypto-Related U.S. Stocks Decline on August 26, Bit Digital Down Over 6%

According to Guru Club, on August 26, crypto-related U.S. stocks retreated broadly, with Bit Digital declining over 6%. Canaan, Strive, IREN, and Circle each fell more than 5%, while Mara Holdings and Strategy dropped over 4%. Coinbase and Riot Platforms declined over 3%, and Robinhood fell over 2%.