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
07:39

Jewish Settlers Launch Violent Attacks Across West Bank on August 29, Injuring Multiple People

According to Jin10, on August 29, over 50 masked Jewish settlers attacked Palestinian residents in Guslah village by throwing stones at houses, resulting in injuries to multiple people. In Jalud village, masked settlers blocked and attacked a vehicle carrying NBC News journalists. Meanwhile, in Haildin village, armed settlers abducted and detained a British pro-Palestine activist.
07:37

Bitcoin Ends Aug. 29 at $2.73T; Solana Leads Altcoins as DOGE Slides 7.2%

According to Bitcoin.com News, crypto markets ended Aug. 29 at approximately $2.73 trillion amid volatile trading throughout the week. Solana (SOL) spearheaded altcoin gains following Charles Schwab's announcement to add SOL, AVAX, and LINK to its accounts. Dogecoin dropped 7.2% while XRP fell nearly 7%. Bitcoin posted a modest 1% weekly gain, keeping the asset on track to finish August with gains exceeding 20%.
BTC0.91%
SOL1.38%
AVAX0.74%
LINK0.82%
DOGE0.48%
07:33

Hyperliquid Whales Hold $7.205 Billion With 0.9 Long-to-Short Ratio

According to Coinglass data cited by ChainCatcher, Hyperliquid platform whales currently hold $7.205 billion in positions, comprising $3.419 billion in long positions (47.46%) and $3.786 billion in short positions (52.54%), resulting in a long-to-short ratio of 0.9. Among active whale addresses, 0x92ea..e9 maintains a 3x leveraged long BTC position entered at $77,089.9 with an unrealized profit of $2.0851 million.
HYPE2.52%
BTC0.91%
07:33

Crypto KOL Unipcs Holds 11M PONS Worth $3.47M, Up 52x on August 30

According to GMGN, crypto KOL Unipcs (@theunipcs) holds 11 million PONS tokens on August 30, generating unrealized gains of approximately $3.4 million with a 52x return. The total value of this position is $3.47 million. Unipcs' overall account assets have reached a record high of over $7.3 million.
07:27

Goldman Sachs Predicts Gold Will Hit $4,900 by Year-End on Central Bank Demand

According to Goldman Sachs Research, the precious metal is forecast to reach $4,900 per troy ounce by year-end, driven by heightened central bank demand. Lina Thomas and Daan Struyven, analysts at the firm, expect central banks to purchase 50 tonnes monthly this year, representing a 300% increase from 17 tonnes per month before 2022. Goldman Sachs attributes the rise to reserve diversification efforts and expectations for a pause in U.S. Federal Reserve rate hikes. The firm also notes that low g
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07:25

Meta Allocates $30 Million to Democrats as Tech Giants Hedge Political Bets Before November Midterms

According to The Wall Street Journal, Meta and other major technology companies have begun increasing financial support to Democratic organizations while preparing for potential congressional investigations ahead of November's midterm elections. Meta has contributed at least $30 million this year to political groups, including $5 million each to House Majority Forward and Majority Forward, in addition to previous $5 million donations to Republican-aligned organizations and a $10 million contribu
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07:23

IonQ Closes $1.8B SkyWater Acquisition on July 31, Achieves Vertical Integration in Quantum Computing

IonQ closed its $1.8 billion acquisition of SkyWater Technology on July 31, finalizing a deal announced in January. The transaction creates a vertically integrated quantum platform that brings semiconductor design, fabrication, and advanced packaging under one roof. Under the deal, SkyWater shareholders received $15 in cash plus 0.4883 IonQ shares per share held, totaling approximately $741 million in cash and 24 million newly issued IonQ shares. The acquisition is projected to cause 6–11.7% dil
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07:23

Sberbank Plans to Offer Crypto-Backed Loans Using Bitcoin, Ethereum, and Tether

According to TASS, Russia's largest lender Sberbank plans to accept Bitcoin, Ethereum, and Tether as loan collateral once the Bank of Russia authorizes their public circulation. The bank is preparing crypto-backed loan products for corporate clients following a successful pilot with mining firm AO Intelion Data last year. Sberbank is also developing crypto custody services as digital assets expand in Russia's financial system and cross-border settlements.
BTC0.91%
ETH0.92%
07:23

U.S. Treasury Doubles Bond Buyback Operations to $4 Billion Amid High Long-Term Yields

According to Treasury Secretary Scott Bessent's announcement in late August, the U.S. Treasury is doubling its bond buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin September 9. The 30-year Treasury yield has climbed to approximately 5.3%, its highest level in 19 years, while the 10-year note reached around 4.73%. The buyback strategy, known as a "Treasury twist," involves issuing more short-term debt while simultaneously purchasing
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07:23

Nvidia Posts Record $96.2B Revenue With 106% Growth, but $80B Debt Concerns Cloud Outlook

Jim Cramer, CNBC personality and Investing Club portfolio manager, defended Nvidia's stock after the chipmaker posted a fiscal Q2 2027 revenue of $96.2 billion, up 106% year-over-year. The earnings report was among the most impressive in corporate history, driven largely by data center revenue growth of 117% to $89 billion. However, analysts estimate Nvidia faces potential liabilities between $80 billion and $200 billion through 2028, stemming from customer financing structures and guarantees. T
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07:19

South Korea's Bond-Equity Mixed ETFs Surge 12 Trillion Won in Net Assets This Year, 20 New Products Listed

According to South Korean financial investment industry data as of August 27, the country's bond-equity mixed ETFs have grown substantially in 2026. The market now comprises 54 products with combined net assets of 18.1 trillion won, up 12 trillion won year-to-date. This surge reflects increased demand from retirement account investors (DC and IRP plans) seeking higher returns through ETFs while maintaining regulatory compliance. Bond-equity mixed products are classified as safe assets that can f
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07:17

Ash Crypto Sees ETH at $2800 on ETH/BTC Triangle Breakout

According to Ash Crypto on X, ETH/BTC is positioned at a critical breakout level today, forming a triangle pattern with narrowing range that signals an imminent major move. If the trend line breaks upward, ETH could rally to $2,800; a rejection would risk a pullback to $2,000–$2,200.
ETH0.92%
07:17

Shein Files for Hong Kong IPO With Valuation Down to $25B From $100B Peak

According to Herald Economy, Chinese fast-fashion retailer Shein has filed for listing on the Hong Kong Stock Exchange, with its valuation slashed to approximately $25 billion from a previous peak of $100 billion in 2022. The company's valuation has fallen by 75 percent as previous listing attempts in New York and London faced regulatory and political hurdles, while business growth has also slowed.
07:16

Baidu Cloud Splits Platform Product Unit: MaaS Moves to Infrastructure, Agent Unit Goes Independent

Baidu Cloud recently completed an organizational restructuring. Its Platform Product Business Unit has been renamed the Intelligent Agent Business Unit, while its MaaS business, Qianfan brand, and related product systems have been transferred to the Infrastructure Business Unit. The Data Platform Department was renamed the Data Intelligence Department and moved under the newly reorganized Smart Application Business Unit.
07:13

Claude Surpasses Human Researchers in AI Safety Studies, Outperforming on 7 Problem Classes in Average 6.4 Hours

According to Beating, Anthropic tasked Claude Opus 4.8 with AI safety research, where the model autonomously reviews papers, designs training approaches, and generates datasets to improve safety in other AI systems including Qwen, Llama, and Gemma. In comparative testing across 7 AI safety problem classes—including deception, user manipulation, jailbreaking, privacy leaks, and reward hacking—Claude matched or exceeded solutions from 28 experienced human safety researchers, achieving parity in an
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07:13

BofA Forecasts DRAM Sales Could Surge Over 80% in 2027; DDR4 Spot Prices Hit 879% Year-Over-Year High as of August 27

According to Bank of America Global Research, global DRAM sales could increase over 80% in 2027 if average selling prices maintain approximately 10% quarterly growth, driven by surging artificial intelligence infrastructure demand. The report surveyed over 10 South Korean memory companies including Samsung Electronics, SK Hynix, and Taiwan Semiconductor Manufacturing specialists. Memory spot prices have already surged significantly. As of August 27, 16Gb DDR4 spot prices reached $91, up 879% yea
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