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
08:37

OnlyFans Founder Received $709M in Dividends Before Death; Company Valued at $3.15B in New Deal

According to Bloomberg, OnlyFans operating company Fenix International disclosed on Tuesday that founder Leonid Radvinsky received approximately $709 million in dividends in the months before his death, including $535 million in the fiscal year ending November 2025 and $174 million in the first three months of 2026. Since taking control of OnlyFans, Radvinsky accumulated over $2 billion in total dividends. Weeks after Radvinsky's death, OnlyFans agreed to a $3.15 billion valuation equity deal wi
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08:37

Moa Data Faces Loan Default on 4.8B KRW as Largest Shareholder Struggles with Debt

According to Chosun Biz, on August 25, KOSDAQ-listed Moa Data defaulted on approximately 4.8 billion Korean won in loan repayments owed to financial institutions. Simultaneously, the company's largest shareholder and CEO Han Sang-jin faces personal debt obligations, with Moa Data shares pledged as collateral subject to forced liquidation.
08:36

BIT-Associated Addresses Close $419M in ETH and BTC Positions, Lock in $55.1M Gains

According to PANews, on-chain analyst Ai Yi detected that 11 addresses associated with BIT closed $419 million in ETH and BTC long positions on August 25, realizing $55.1 million in profits. One remaining address, 0xf78...6c581, still holds 1,602.11 ETH in long positions valued at approximately $3.97 million, with unrealized gains of $707,000.
ETH2.23%
BTC4.25%
08:34

Agent Token Consumption Surpasses Human Usage by 5x, Reaching 7.3 Trillion in 6 Months

According to Guru Club, intelligent agents surpassed humans as the primary consumers of AI tokens on OpenRouter. On February 6, 2026, Agent-class token consumption first matched human usage. By August 10, Agent token consumption had surged to 7.3 trillion, a 14-fold increase from approximately 0.51 trillion. Over the same period, human token consumption rose to 1.4 trillion, a 2.8-fold increase. Agent token usage now accounts for approximately 5 times that of human consumption.
08:33

$681M Liquidated Globally in 24 Hours, With 98,796 Traders Affected

According to Coinglass data cited by ChainCatcher, the cryptocurrency market saw $681 million in liquidations in the past 24 hours, comprising $221 million in long liquidations and $460 million in short liquidations. Bitcoin accounted for $70.07 million in long liquidations and $284 million in short liquidations, while Ethereum saw $44.74 million in long liquidations and $112 million in short liquidations. A total of 98,796 traders were liquidated, with the largest single liquidation occurring o
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08:32

SHIB Tumbles 16.13%, Slides from $0.0000062 to $0.0000052 Amid Market Sell-Off

Shiba Inu fell 16.13% in recent trading, sliding from around $0.0000062 to near $0.0000052 before a modest rebound toward $0.0000053. The sharp decline was driven by aggressive selling across both spot and derivatives markets as traders reduced exposure. Spot market data showed sell volume of 3.8 trillion tokens against buy volume of roughly 3.4 trillion tokens, creating a 0.4 trillion token sell imbalance. In derivatives markets, perpetual contracts recorded a negative delta of approximately 50
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SHIB3.11%
08:32

Gold Trades at $4,628.70; Bull Target $6,000 Priced at 14.5% on Polymarket

According to Polymarket, gold trades at $4,628.70 on 25 August 2026, up 36.7% year-on-year but 14.0% below its January 2026 peak of $5,379. The bull case targets $6,000, requiring 29.6% upside; the bear case targets $3,500, implying 24.4% downside. Polymarket's end-December contract prices the $6,000 bull case at 14.5% with $1.01 million in trading volume, while the $3,500 bear case carries 8.5% probability on only $2,980 in volume. The central expectation of $5,000 is priced at 62.5%. Strategis
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08:32

Agentic Stablecoin Transfers Hit 8.7M Weekly Record in 2026, Up from 4.1M Prior Week

According to Token Terminal, agentic stablecoin transfers reached 8.7 million in the week of August 17, 2026, marking the busiest week of 2026 for onchain agent-to-agent activity and more than doubling the prior week's 4.1 million transfers. However, the total value moved was only $367,950, down sharply from $10.017 million during the 2025 peak, with average transfer value falling to approximately 4 cents. Base network led with 4.2 million transfers (48% market share), while Solana grew to 3.3 m
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SOL8.19%
08:27

Xiaopeng Robotics Subsidiary Completes Over $900M Funding Round at $6.3B Valuation

According to ChainCatcher, Xiaopeng's robotics subsidiary has signed a stock purchase agreement to raise over $900 million, with a post-money valuation exceeding $6.3 billion. The round is led by IDG Capital, with strategic participation from Tencent and Alibaba. Funds will support development of the IRON humanoid robot, data capabilities, and production scaling by end-2026. Xiaopeng will retain approximately 82% ownership.
08:26

Gold Surges 18% Overnight, Bitcoin Hits $79.7K as U.S. Treasury Expands Debt Buyback

According to Maeil Business Newspaper, on August 24-25, gold futures and Bitcoin rallied sharply amid growing dollar liquidity concerns. Gold surged 18% since mid-August, closing at $4,697.80 per ounce on August 24 (COMEX), while Bitcoin approached $80,000, trading at $79,700. The rally reflects a "debasement trade" bet—investors shifting to alternative assets in response to U.S. fiscal deficits and expanded Treasury debt buybacks, which increase dollar supply and weaken fiat currency. Bitcoin s
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BTC4.25%
08:21

ETH Long Holders Cash Out $31.26M Gains as BTC OG Whales Remain Down $7.8M on August 25

According to BlockBeats on August 25, major Ethereum long holders associated with BIT fully exited their positions, realizing net gains of $31.26 million after deducting funding fees and transaction costs. In contrast, Bitcoin's largest OG holder continued struggling with combined losses of $7.8 million—despite holding 1,268.3 BTC long with $5.6 million in unrealized gains, their ZEC short positions are underwater by $13.4 million. Meanwhile, HYPE's largest long holder maintained 1.38 million to
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ETH2.23%
BTC4.25%
HYPE5.69%
08:19

Nvidia Stock Eyes 56%-68% Upside as Analysts Rally Behind Wednesday Earnings Report

According to analysts at KeyBanc, Rosenblatt, and Cantor Fitzgerald, Nvidia is poised for strong results when it reports fiscal Q2 earnings on Wednesday. Wall Street projects revenue of $91–92 billion, with sequential growth of 12–13%, driven by accelerating Rubin GPU shipments as hyperscalers continue heavy infrastructure investments. Analyst targets of $325–$350 imply 56–68% upside from the $208.48 close. Potential 15% price hikes for Blackwell and Rubin systems are viewed as justified given r
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08:19

Bitumen Futures Surge on Aug 25 as Crude Costs Rise and Domestic Supply Tightens; Weekly Output at 39.1M Tons

According to a Yide Futures report on Aug 25, bitumen futures surged, driven by geopolitical premium amid the U.S.-Iran standoff and tight domestic supply. Refinery operating rates hit a seasonal low with weekly production at 39.1 million tons, while September independent refineries plan a 43.6% year-on-year production drop. Inventory levels remain extremely low, providing strong price support as demand gradually picks up in northern regions alongside seasonal construction season. The market is
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08:17

Solana Validators Begin Vote on SGP-0003 Fee Burn Proposal; Daily SOL Burns Could Jump to 7,500–9,000

According to Solana governance materials, Solana validators began voting on SGP-0003, a governance proposal restructuring the network's fee model, on August 23. The vote runs through Epoch 1023, expected to conclude on August 27. The proposal introduces a variable, resource-based transaction fee that would be fully burned, replacing the current flat-fee structure. If approved, projected daily SOL burns could rise from approximately 650 SOL to between 7,500 and 9,000 SOL. The vote is ongoing and
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SOL8.19%