Gate Crypto Flash News and Market Updates

According to HTX, BNB breaks $700, reaching $700.06 with a 24-hour gain of 0.33%.

According to HyperliquidNews, Hyperliquid native token cumulative buybacks and burns have exceeded $1.251 billion, with an average purchase price of $26.808.

According to Iranian state media IRNA, on August 23, Iran's President Masoud Pezeshkian acknowledged that Iranian society faces "many problems" and said the government is working to address them amid Trump administration threats to impose "the harshest and most terrible sanctions" on Iran. Pezeshkian defended Iran's June memorandum of understanding with the United States, stating "this agreement contains not a single clause that amounts to surrender." Pakistan's military chief Asim Munir is sche

According to market sources, Russia is set to receive its first shipment of seaborne gasoline from Turkey, with approximately 200,000 barrels en route. Russian seaborne gasoline imports have surpassed 1 million barrels since late July.

On Friday, Robinhood's stock surged 13.7% to $108.13, adding approximately $11.7 billion in market capitalization as crypto-linked equities amplified Bitcoin's advance. The broker's market cap rose from about $85.5 billion to $97.2 billion. Bitcoin gained 6.4% on Friday and finished above $77,000, with its weekly gain exceeding 20%. Coinbase also participated, climbing 8.2% to $186.49. The moves were driven by President Trump's White House meeting Wednesday with crypto executives and regulators

According to Strategy Inc. Form 8-K, on Aug. 23, Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), posted on X that Bitcoin's most profound breakthrough is "the ability to convert economic energy into digital form and bind it securely to a person, family, company, machine, or nation." The statement frames Bitcoin as monetary technology rather than a tradable asset. Strategy held 840,447 BTC as of Aug. 16, acquired for $63.36 billion at an average price of $75,385 per Bitcoin, i

Alibaba Group announced today a HK$80 billion ($10.2 billion) share placement, issuing 710 million ordinary shares at HK$112.70 each—a 3.6% discount to the previous closing price. All net proceeds will be invested in AI capabilities, computing infrastructure, chip development, and AI model deployment. Morgan Stanley, HSBC, UBS and CICC are acting as bookrunners. The capital raise follows sharp spending acceleration. In its June quarter, Alibaba's capital expenditure climbed approximately 75% to

According to Nikkei Asia, Japan has recently launched a public-private partnership fund to provide $125 million in support to nuclear fusion and recycling startups.

According to Iran's official news agency IRNA, on August 22, Iranian President Pezeshkian stated that Iran should rationally exit its current "neither war nor peace" status. He noted that Iran's Supreme National Security Council members view the previous memorandum of understanding with the United States as the best agreement achievable based on dignity and national interests, with no clauses indicating Iranian surrender or concessions. Pezeshkian emphasized that under conditions of war or "neit

According to HTX data, SOL breaks above $95 to trade at $95.09, up 0.96% in 24 hours.

According to Jin10, the Turkish central bank decided on Sunday evening to restore 37% policy rate for weekly repurchase auctions, aimed at normalizing financing conditions. The move comes after the central bank shifted to a costlier 40% overnight lending rate in early March.

According to Ken Griffin's investor letter reported by CNBC, Citadel has unwound more than 80% of the aggregate risk it acquired from Situational Awareness's public stock portfolio since late July. Griffin disclosed that Citadel executed more than 100 block trades representing over $4 billion in market value across 10 names, substantially reducing the forced-selling overhang that had pressured AI infrastructure stocks. The fund, which faced severe margin calls after its highly leveraged AI trade

Robert Kiyosaki criticized the US Treasury's expansion of bond buyback operations as a form of monetary debasement, arguing it amounts to creating more "fake dollars." The Treasury announced it will increase the maximum size of liquidity-support buybacks in the 10- to 30-year debt sectors from $2 billion to at least $4 billion per operation, effective Sept. 9 through Nov. 4. The Rich Dad Poor Dad author used the policy move to reinforce his long-standing case for Bitcoin, gold, and silver as inf

According to U.S. Central Command, the U.S. Navy redirected 70 commercial vessels on Aug 23 as part of its maritime blockade of Iran. The USS John Finn destroyer is currently conducting the operation in the Arabian Sea. As of Aug 23, the military has also disabled 3 vessels and boarded 2 for inspection.

According to Reuters, Tether abandoned an estimated $120 million Bitcoin mining project in Uruguay following a contractual dispute with state-owned utility UTE over power supply allocation. Tether believed the agreed-upon power figure was a minimum that could be increased; UTE treated it as a hard cap. UTE disconnected the two mining sites on July 25, 2025. Tether notified Uruguayan labor authorities on November 25 that it would terminate operations and lay off most staff. The project, announced

According to Pakistan's Foreign Office, Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in London today for an official visit. He will meet with senior British officials and hold talks with the International Maritime Organization secretary general to discuss regional maritime security issues.

According to Jin10, a 14-year-old Palestinian boy was killed by Israeli military fire near a refugee camp in Nablus in the West Bank on August 24. On August 23, Israeli airstrikes on central and southern Gaza resulted in at least 2 deaths, including a 4-year-old child, and several others injured, according to Palestinian health officials.

According to analyst DonAlt, Ethereum has a price target of $4,000, with a potential move to $10,000 if it holds that level. At the time of writing on August 23, Ethereum is trading at $2,419. DonAlt also believes Bitcoin can potentially rally to $90,000, stating he has already retraced 25% of the bear market and aims for 50%. Bitcoin is currently trading at $76,429. The analyst plans to hold his digital assets for three to six months before considering any exit.

According to HyperliquidNews, stablecoins saw $668 million in inflows this week (through Aug 23), marking the third highest weekly inflow on record. USDC on Ethereum accounted for 97.98% of the total inflows.

According to MetaMask and Polymarket data, Ethereum returned to $2,436.19 on August 23, reaching a market capitalization of $293.9 billion with $15.2 billion in 24-hour trading volume. ETH has surged approximately 30% since August 16 when it traded at $1,878.33, driven partly by short liquidations. Polymarket trading activity shows roughly $2 million in cumulative volume across contracts betting ETH will drop to $1,000 or lower by year-end, despite currently representing only a 6% implied probab