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
14:37

UN Secretary-General Says Superpowers Can No Longer Impose Will Globally on August 25

According to Financial Times, UN Secretary-General António Guterres said on August 25 that superpowers face clear limits to their power and can no longer unilaterally impose their will in international affairs. Guterres cited prolonged military conflicts in Ukraine and the Middle East as evidence that major powers cannot achieve desired outcomes through military force alone. He emphasized that the international order centered on U.S. dominance has already begun shifting toward a multipolar syste
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14:37

U.S. Consumer Confidence Declines to Seven-Month Low in August Amid Economic Concerns

U.S. consumer confidence declined in August to its lowest level since January, as households grew more pessimistic about business conditions and labor market prospects. Rising gasoline prices and broader cost-of-living pressures, combined with slower hiring, continued to weigh on American families. Despite the deteriorating outlook, consumers still plan to increase spending on services over the next six months.
14:34

World Liberty Financial CEO Says USD1 Stablecoin Success Defends Against Cronyism Claims

According to CNBC's Squawk Box interview on Tuesday, World Liberty Financial CEO Zach Witkoff stated that the company's USD1 stablecoin demonstrates genuine utility and operates independently, refuting concerns about potential conflicts of interest and political influence. Witkoff cited USD1's circulation of over $4 billion and daily trading volume of $1.7 billion as evidence of customer adoption. He also emphasized that he has never discussed business with President Trump and remains focused on
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USD1-0.02%
14:34

Speculators Add Bullish Bets on Gold for Third Consecutive Week as BofA Survey Calls It Undervalued

According to CFTC data and Bank of America's latest survey, speculative investors increased their bullish positions on gold for the third consecutive week through Aug. 18, driven by growing concerns over U.S. government debt sustainability. Money managers raised gross long positions in Comex gold futures to 154,595 contracts, bringing net length to 141,648 contracts—the highest since late September. BofA's August Global Fund Manager Survey found that 16% of fund managers view gold as undervalued
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14:34

AI Bubble to Burst in Less Than a Year, Says Economist Who Predicted 2008 Crisis

According to Steve Keen, the Australian economist who correctly predicted the 2008 financial crisis, the AI bubble will burst in less than a year. Keen told Kitco News this week that the revenue from users who will actually remain is approximately one-fifth of what AI firms are currently spending. "Those frivolous users are disappearing, and the revenue from serious users, which may be sustained over time, looks like about one-fifth of the cost levels that these firms are caught up in," Keen sai
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14:33

THORChain Launches v3.20 Upgrade, Enabling Native Swaps for XMR and ZEC on August 25

According to BlockBeats, THORChain launched v3.20 upgrade today (August 25), enabling native swaps of XMR and ZEC directly to BTC, ETH, and stablecoins without asset wrapping or exchange registration. The upgrade also introduced protocol-owned liquidity (POL) and Stable Reserve, which supports zero-fee stablecoin swaps. Support for Solana, Base, and BNB chains has been restored.
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BTC-0.20%
ETH-1.59%
STABLE0.04%
SOL2.35%
14:33

Sivers Semiconductors to Disclose CPO Laser Orders and 2027 Production Plans on August 27

According to BlockBeats, Sivers Semiconductors (SIVE) will release earnings on August 27, with market focus on CPO laser order volumes and 2027 production ramp rather than near-term financial metrics. Multiple customers are seeking CPO lasers but face supply constraints, while new continuous-wave (CW) laser capacity is not expected to come online until the second half of 2027. Jabil is seen as a potential major revenue driver for SIVE in the first half of 2027, while Aeva-related business could
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14:32

HSC Conference Panel Explores How AI, Regulation, and Asset Tokenization Reshape Global Liquidity on August 15

According to MetaversePost, on August 15, the HSC Conference in Ho Chi Minh City held a panel discussion titled "One Market, Many Venues: Navigating Fragmented Liquidity," featuring Kevin Sultani of GMA Group, Lynn Nguyen of Solana Superteam Vietnam, Ran Yi, Co-founder of Orderly, and Leonard Hoh, Asia-Pacific President of Bitstamp by Robinhood. The discussion examined how AI agents, regulation, and asset tokenization will reshape fragmented crypto markets and unify disparate trading venues. Pan
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SOL2.35%
14:32

Robert Kiyosaki Warns U.S. Treasury's Expanded Bond-Buyback Program Will Fuel Inflation

On August 22, Robert Kiyosaki warned on X that the U.S. Treasury's expanded bond-buyback program would fuel inflation, describing the move as "printing fake money." According to the Treasury's official announcement, the maximum size of long-term bond buyback operations will increase from $2 billion to at least $4 billion per operation, effective September 9, 2026. Kiyosaki argued that the program, combined with a falling U.S. Dollar Index, would hurt cash holders' purchasing power. He advised in
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BTC-0.20%
14:31

Senate Set to Vote on CLARITY Act on September 15, Needs 60 Votes to Advance Debate

According to RippleXity, the Senate is scheduled to vote on the CLARITY Act on September 15 at 2:00 PM, with the bill requiring 60 votes to advance debate. Republicans hold 53 Senate seats, meaning the legislation will need Democratic and independent support to pass the initial threshold. The bill has already cleared the House with a 294-134 vote and the Senate Banking Committee with a 15-9 vote.
14:22

Monad Proposes Wallet Architecture Separating Address from Keys, Supporting Key Recovery

Monad, an Ethereum-compatible layer-one blockchain, recently unveiled a community proposal redesigning crypto wallet security and recoverability. The plan separates a wallet's public address from its authentication methods, allowing users to replace lost or compromised keys without transferring assets or creating a new address. The system would support multiple signers, recovery mechanisms, and potential quantum-resistant cryptography to safeguard against future threats. According to the proposa
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MON0.89%
14:17

Socket Links 77 Fake Firefox Wallet Extensions to Malware Campaign, 40 Confirmed Malicious

According to Socket's threat research team, the security firm last week linked 77 Firefox extension identities through shared code and infrastructure, confirming 40 as malicious wallet stealers. The extensions impersonate OKX, Rabby Wallet, TronLink and other Web3 products, with roughly half presenting fake wallet interfaces to harvest recovery phrases or private keys, while another 13 are modified versions of Rabby Wallet that send stored account data to external servers. Nine of the malicious
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14:15

White House Official: No Ongoing U.S.-Iran Negotiations, Strait of Hormuz Remains Open

According to a White House official speaking to Al Jazeera on August 25, the United States currently has no ongoing negotiations or discussions with Iran, and no such talks are scheduled. The official stated: "As President Trump said, there are currently no negotiations or discussions with Iran underway, nor are any arranged." The official added that the maritime blockade remains firmly and effectively enforced, the Strait of Hormuz remains open, and sea mines have been cleared or destroyed.
14:12

tZERO Announces Strategic Integration with Sui to Support Regulated Digital Asset Securities

According to Financewire, tZERO Group announced a strategic integration with the Sui blockchain to provide infrastructure for regulated digital asset securities. The integration will support issuance, custodial transfer, custody, trading, compliance, and settlement services. Sui will gain access to tZERO's U.S.-regulated trading, custody, and issuance framework for institutional tokenization projects, while tZERO will access developers and decentralized finance projects within the Sui ecosystem.
SUI-3.77%