Gate Crypto Flash News and Market Updates

According to Lookonchain data, Chinese crypto analyst Garrett Jin opened a new long position of 600 BTC on August 26 at approximately $79,000, worth around $47.4 million. Following this position, Jin's total long position reached 1,868 BTC with an average entry price of approximately $77,090.

According to the Intercontinental Exchange (ICE), as of the week ending August 25, speculators reduced their net long positions in Brent crude oil by 28,299 contracts to 223,598 contracts.

According to the Wall Street Journal, citing U.S. officials, Defense Secretary Hegseths is considering inviting hundreds of senior military personnel to Marine Corps Base Quantico, Virginia, this year to hear remarks.

According to an Aug. 28 announcement, French Bitcoin treasury company Capital B raised €21.0 million ($24.5 million) through private share placement, with participation from legendary cypherpunk and Blockstream CEO Adam Back as well as asset manager TOBAM. Capital B plans to use the proceeds to acquire 270 Bitcoin, raising its total holdings to 3,415 BTC. The company currently ranks as the 29th largest publicly traded Bitcoin treasury, holding 3,415 BTC worth approximately $249 million at the ti

According to The Verge, Meta on Friday rolled out an update that closes a privacy loophole in its AI glasses. Previously, users could cover the LED indicator light after starting a recording to hide that the device was capturing footage; the glasses only blocked recording if the light was covered before recording began. The new update ensures the camera stops recording if the LED light is covered during an active recording session, Meta executive vice president of wearables Alex Himel announced

According to CoinMarketCap data, Bitcoin surged above $80,000 this week, driving crypto stocks to double-digit gains. Miners and digital asset treasury companies including Canaan, Mara Holdings, and Strive posted strong performances, while Coinbase and Robinhood also rallied. Bitcoin advanced over 23% for the week, while Ether gained nearly 30% to trade above $2,500. Meanwhile, Bernstein analysts remain bullish on Circle, citing a new growth cycle for USDC stablecoin. USDC supply increased by ro

According to Circle's Friday announcement, the USDC stablecoin issuer will become Chelsea FC's sponsor, with its name and USDC brand appearing on players' jerseys starting the 2026/2027 season. The partnership deal comes approximately three months after the UK's Financial Conduct Authority (FCA) sent warning letters to Premier League clubs, potentially including Chelsea, cautioning against sponsorship deals with unauthorized crypto companies that could breach UK financial services laws. Circle U

According to Bitcoin.com News, bitcoin ETFs crossed the $100 billion asset mark on Thursday with $242.24 million in inflows, led by Blackrock's IBIT which attracted $277.61 million. The inflow extended a 9-day buying streak, with combined ETF inflows surpassing $3 billion over the period. Bitcoin ETF assets reached $100.93 billion on $3.45 billion in trading volume, while ether ETFs added $234.51 million to reach $15.57 billion in total assets.

According to the Intercontinental Exchange, natural gas speculators' net long positions decreased by 3,223 contracts to 89,299 contracts for the week ending August 25.

According to Bloomberg, PayPal (PYPL) shares tanked 13% on Friday, August 28, after Stripe and Advent International reportedly ended their takeover pursuit that would have valued the company at more than $53 billion. The stock briefly fell below its 50-day moving average for the first time in over a month, marking its largest single-day decline in six months. Mizuho lowered PayPal's price target to $51 from $60 and maintained a 'Neutral' rating, citing three key risks: commoditization of PayPal'

According to the Intercontinental Exchange (ICE), speculators held 70,766 net long contracts in sugar futures during the week of August 25, marking a historic high. The figure represents the largest speculative long position on record for the commodity.

According to Evercore ISI, Amazon (AMZN) stock rallied 4.2% on Friday after the firm raised its price target to $355 from $315, implying 38.5% upside from Thursday's close. Evercore maintained an Outperform rating, citing survey evidence that agentic AI is driving additional shopping on Amazon's platform. The survey found that 57% of Alexa AI users purchased products they were previously unaware of, signaling AI's role in expanding consumer purchasing behavior.

According to Jin10, Iran's Supreme Leader Mujtaba Khamenei issued a statement on August 28, praising the government's actions in facing U.S. and Israeli restrictions, sanctions, and siege. He emphasized that Iran must demonstrate strength and capability while avoiding any demoralization or weakening of national and public spirit, stating that any actions undermining social cohesion are prohibited.

Spot gold fell 3.0% intraday on August 28, trading at $4,461.52 per ounce.

Solana validators approved SGP-0002 today (August 28), narrowly passing a proposal to double the network's disinflation rate from 15% to 30%, accelerating the timeline to reach the 1.5% issuance floor from 2032 to 2029. The vote passed at 67.0% support against a required 66.67% threshold on 176.29 million SOL in favor. Kraken, which initially opposed the proposal with 8.92 million SOL in voting power, flipped its stance in the final hour, nearly determining the outcome. The change means roughly

According to RedStone's latest report, Stellar's tokenized real-world assets (RWA) surpassed $3 billion in July, while the network's DeFi total value locked (TVL) stood at only $213.2 million, highlighting a significant gap between RWA supply and on-chain lending demand. DefiLlama data shows Stellar's TVL at $232.72 million, with lending protocol Blend accounting for $150.03 million. However, capital pools accepting RWA as collateral hold just $2 million. RedStone noted that mismatched settlemen

According to Bitcoin.com News citing Public Citizen, Donald Trump's TRUMP memecoin surged over 20% on Friday to reach a $705 million market cap, briefly approaching $2.93. The jump coincided with the nonprofit organization's release of a report estimating investor losses in Trump-linked crypto products at $4.7 billion, citing Trump's $1.4 billion in crypto profits from 2025. Public Citizen claims Trump and his family still control the ventures, a conflict of interest that has stalled the Republi

According to a disclosure filed with the U.S. Office of Government Ethics on August 28, President Donald Trump traded Coupang Inc. common shares twice in June 2026. The filing revealed Trump conducted a total of 1,051 stock transactions during the disclosure period, with Coupang appearing in at least two of these transactions.

According to Politico, Indian Prime Minister Narendra Modi plans to attend the European Union summit in December.

According to TheStreet, HIVE Digital Technologies mined 1,004 Bitcoin in its fiscal first quarter ended June 30, 2026, up 147% from 406 BTC in the same period a year earlier. At Bitcoin's current price of approximately $77,480, the quarterly output was worth roughly $78 million. The surge was driven almost entirely by hashrate growth, with HIVE's average operational hashrate climbing to 24.0 exahash per second, nearly triple the 8.7 EH/s recorded a year earlier.