Gate Crypto Flash News and Market Updates

According to Money Today, medical apparel company FIGS reported Q2 2026 revenue of $196.6 million, a 28.8% increase year-over-year, marking three consecutive quarters of growth exceeding 25%. Net income reached $28.4 million compared to $9.9 million in the prior year period, with net profit margin reaching 14.4%. International sales surged 67% in the first half of 2026, with the company expanding its geographic footprint to 85 countries from 58 countries a year earlier. The company also strength

According to Reuters, Minneapolis Federal Reserve President Neil Kashkari said on August 23 that the U.S. Treasury market is functioning normally with adequate trading and liquidity, despite recent sharp increases in bond yields. The 10-year Treasury yield closed at approximately 4.73% on August 21, while 30-year yields remain near levels not seen since 2007. Kashkari noted that while inflation concerns remain, he will defer judgment on whether to support a rate hike at the September Federal Ope

According to Russia's Defense Ministry, Russian air defense forces struck down 269 Ukrainian drones on August 23 between 8 a.m. and 8 p.m. Moscow time across multiple regions including Arkhangelsk, Belgorod, Bryansk, and Moscow.

According to ChainCatcher, Bitwise CEO announced that the firm received over $1.8 billion in net inflows from investors during the first half of 2026. ETFs/ETPs, active private funds and alpha strategies, staking, and vaults each generated over $100 million in inflows during the period.

According to Iranian National Security Council Secretary Rezaei, today (August 23), Rezaei stated that if economic warfare continues, no oil will be exported from the Strait of Hormuz and the Persian Gulf. He added that Iran will consider any country's participation in or support for U.S. economic sanctions against Iran as an act of war.

According to Iran's Strait of Hormuz Authority, on August 24, the body announced that vessels violating Iranian regulations for passage through the Strait of Hormuz will face penalties including fines, seizure, or confiscation of cargo on subsequent transits. Cargo owners with destinations or origins in the Persian Gulf must check the authority's official website for the updated list of non-compliant vessels before chartering. Additionally, effective immediately, any vessel engaging in ship-to-s

According to Polish outlet Onet Wiadomości, updated on August 21, Zondacrypto CEO Przemysław Kral was identified as a front man rather than the true controller of the exchange. A source within Poland's National Prosecutor's Office told Onet that Marian W., known as "Maniek," was the exchange's actual creator and principal, using a Polish term describing Kral as a nominal proxy figure. Investigators traced payments placing both men in Dubai. The New York Times reported on Sunday that Kral has not

According to CoinDesk's 'State of Crypto' column, the U.S. crypto regulatory framework has been substantially established, marking the industry's formal entry into a strong regulatory phase. The report noted that regulatory certainty is now a norm, and compliance-first firms with more robust infrastructure are positioned to lead the upcoming market cycle.

According to trader Peter Brandt, Bitcoin surged 27% from $62,679 on Aug. 17 to $79,500 on Aug. 21. Brandt, who had forecast a deeper decline into the $58,000–$62,000 range in January, reversed to a bullish stance after Bitcoin completed an inverse head-and-shoulders technical pattern and broke above its neckline. Spot Bitcoin ETF inflows supported the rally, with US funds attracting approximately $1.92 billion across five sessions during the four-day period, including over $500 million in a sin

According to Reuters, Wells Fargo and Citigroup are positioned to pursue large regional-bank acquisitions during the first half of 2026 as regulators adopt a more permissive stance toward consolidation. Unlike JPMorgan Chase and Bank of America, both banks remain below the federal 10% nationwide deposit threshold, allowing them greater room for major deals. Fifth Third Bancorp, Huntington Bancshares, Citizens Financial, KeyCorp and Regions Financial are among the plausible targets. North America

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.