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
17:49

Six Palestinians Arrested After Attempting to Protect Home from Israeli Settlers' Attack in Qusra on August 30

According to Al Jazeera, on August 30, Israeli settlers attacked a residential building under construction in Qusra after six Palestinian residents attempted to install protective metal mesh to safeguard the property from escalating violence, including stone throwing and incendiary attacks. Upon arrival, Israeli forces fired tear gas into the residence, injuring the building owner, and arrested the six Palestinians without removing the settlers. All six residents were subsequently released. Isra
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17:47

Salesforce Reports AI and Data Revenue Hit $3.9B, Up 240% YoY as Stock Soars 20%

According to CNBC, Salesforce reported Wednesday that its combined AI and data annual recurring revenue reached $3.9 billion, more than tripling year-over-year. The company's Agentforce product alone surged to $1.5 billion in ARR, up 240% YoY from $100 million at launch 18 months prior. The stock surged over 20% following the earnings report. Salesforce's Data 360 platform ingested 104 trillion customer records this quarter, up 355% year-over-year, while the company delivered 3.2 billion units o
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17:47

Starkware Executes Quantum-Safe Bitcoin Transaction on Aug. 26 With Zero Consensus Changes

According to Bitcoin.com News, Starkware successfully executed the first post-quantum-resistant Bitcoin transaction on mainnet on Aug. 26 using researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) construction, requiring zero soft forks, hard forks, or core protocol upgrades. The transaction spent a 10,000-satoshi output and was mined through MARA Foundation's Slipstream service. The test required hours of GPU computation and cost approximately $150 to $200. Starknet Foundation Vice President of G
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BTC0.24%
STRK0.20%
17:37

Grayscale: Rising US Debt Above $40 Trillion Could Boost Bitcoin, Ethereum, and Zcash

According to Grayscale Head of Research Zach Pandl on Aug. 26, surging U.S. government debt could strengthen demand for Bitcoin, Ethereum, and Zcash as investors seek alternatives to fiat currencies. Grayscale said the "debasement trade" will primarily benefit these three assets due to unchecked debt growth undermining fiat credibility. U.S. public debt exceeded $40 trillion for the first time on Aug. 18, according to the Daily Treasury Statement, marking a historic milestone in the nation's bor
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BTC0.24%
ETH0.25%
17:31

Iran's Revolutionary Guard Official Disputes U.S. War Rationale, Says Uranium Enrichment Not Root Cause

According to Jin10, an Iranian Revolutionary Guard official on August 30 challenged the U.S. justification for military action, stating that the conflict is unrelated to Iran's nuclear program. Deputy Political Director Sadar Jowani told Iran's Fars News that those attributing the war to uranium enrichment lack historical understanding. Jowani instead attributed the conflict to U.S. efforts aimed at overthrowing Iran's Islamic Republic.
17:27

Bitcoin ETFs See $202M Outflow on August 28, Ending 9-Day Streak; Ether Gains $102M

According to Sosovalue data, U.S. Bitcoin ETFs recorded net outflows of $202 million on August 28, ending a nine-day streak that had accumulated $3.04 billion in inflows since August 17. Meanwhile, Ether spot ETFs bucked the trend, attracting $102 million and extending their inflow run to ten consecutive days. Bitcoin's price stood around $77,500 on August 28, up 1% over the past week, suggesting the single-day outflow reflected profit-taking rather than capitulation.
BTC0.24%
17:22

Treasury Doubles Buyback Operations to $4B as 10-Year Yield Hits 4.73%

According to a recent appearance on the Reuters Econ World podcast, Treasury Secretary Scott Bessent announced in late August plans to double the size of buyback operations from $2 billion to at least $4 billion per operation, with the expanded program set to begin on September 9. The 10-year Treasury yield stood at approximately 4.73%, while the 30-year Treasury yield reached roughly 5.3%, its highest level in 19 years. Bessent's "Treasury twist" strategy involves issuing more short-term debt w
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17:17

Bitcoin Falls 2.5% to $77,588 After Warsh's Hawkish Jackson Hole Speech; Spot ETFs See $202M Outflow Friday

According to Bitcoin.com, on Friday Aug. 29, 2026, Bitcoin fell 2.5% to $77,588 following Federal Reserve Chair Kevin Warsh's hawkish keynote at the Jackson Hole Economic Policy Symposium. Warsh's speech, delivered at 10 a.m. EDT, emphasized the Fed has "work to do" on rate policy, sending rate-hike odds from 35% to the mid-50s. U.S. spot Bitcoin ETFs snapped a nine-day inflow streak with a $202 million outflow on Friday. Technical indicators show Bitcoin holding support at $76,800–$77,000 as th
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BTC0.24%
17:14

GOLD Token Tied to Real Trump Coins Crashes 99% Hours After Launch

According to blockchain analytics platform Lookonchain, a Solana-based token called GOLD promoted by Real Trump Coins—a brand US President Donald Trump publicly promoted in 2024—collapsed Saturday, falling from a $50 million market cap to just $500,000 at the time of publication. The token was touted on X with a promise of 4% trading fees and a pledge to use 99% of fees for token buybacks, but crashed shortly after launch. Lookonchain flagged that 15 newly created wallets spent $18,657 to acquir
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SOL0.13%
17:11

Milo Yiannopoulos Deported from U.S. on Friday Over Expired Visa

According to CNN, U.S. Department of Homeland Security spokesman said British right-wing figure Milo Yiannopoulos was deported back to the UK on Friday. Yiannopoulos was detained by Immigration and Customs Enforcement on Thursday at a Louisiana airport due to an expired visa.
17:08

Goodyear Posts $453M Loss in First Half of 2026 as Turnaround Plan Extends Beyond Target

According to CNBC, Goodyear Tire & Rubber reported a net loss of $453 million through the first half of 2026 as its restructuring and refinancing efforts continue to strain finances. The company's debt remained above $7 billion at the end of the second quarter, while capital expenditures totaled roughly $2 billion in 2024 and 2025. CEO Mark Stewart's Goodyear Forward turnaround plan fell short of its 10% operating margin target, achieving only 8.5% in Q4 2025. First half 2026 operating income wa
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17:04

US Gas Prices Surge $1.25 Per Gallon in August Amid Iran Tensions, AAA Reports

According to the American Automobile Association (AAA), U.S. gas prices have surged $1.25 per gallon in August amid geopolitical tensions linked to the Iran conflict. The national average price of regular gasoline reached $4.081 per gallon, marking a significant increase from $3.2013 a year ago. This represents an additional annual cost of approximately $560 for the average American driver, with August on track to set a new record for monthly gasoline prices.
17:04

US Government Holds $27B in Private Equity Stakes, Drawing Regulatory Scrutiny

According to a July 2026 CNBC poll, the US government has emerged as a significant investor in private companies, holding roughly $27 billion in direct equity stakes since early 2025. The Trump administration converted federal grants and loan authorities into ownership positions, including a 10% stake in Intel and 15% stake in MP Materials, both tied to CHIPS Act funding. However, 49% of voters view such government ownership as inappropriate, and an Intel shareholder lawsuit is challenging the l
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17:03

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

According to TASS, Sberbank, Russia's largest bank, plans to accept Bitcoin, Ethereum, and Tether as loan collateral for corporate clients once Russian regulators permit their public circulation. The bank previously tested the model with mining firm AO Intelion Data and is preparing to expand crypto-backed lending offerings. Anatoly Popov, deputy chairman of Sberbank's management board, stated the bank is ready to adapt its products once new legislation takes full effect. Bitcoin will be part of
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BTC0.24%
ETH0.25%
17:03

Cursor CEO Says OpenAI Models Account for 5% of Traffic as OpenAI Cuts Supply Deal

On August 29, Cursor CEO Michael Truell revealed that OpenAI's models power just 5% of the platform's total user traffic, one day after OpenAI terminated its model-supply contract. The termination stems from SpaceX's $60 billion all-stock acquisition of Anysphere, Cursor's parent company, which closed on August 14; OpenAI cited compliance concerns related to Elon Musk. Cursor already supports models from Anthropic, Google, and xAI, meaning 95% of traffic flows through non-OpenAI providers. OpenA
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17:03

Nvidia Posts $96.2B in Q2 Revenue, Up 106% as Cramer Defends Stock Amid $80B Debt Concerns

According to Jim Cramer on CNBC, Nvidia posted record fiscal Q2 2027 revenue of $96.2 billion, up 106% year-over-year, yet the focus has shifted to the company's growing financial commitments. Analysts estimate Nvidia faces between $80 billion and $200 billion in peak liabilities through 2028, including a $105 billion residual-value guarantee tied to OpenAI. Despite the financing concerns, Cramer urged investors to hold Nvidia stock and focus on fundamentals, citing the company's 117% year-over-
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17:03

IonQ Closes $1.8B SkyWater Acquisition on July 31, Targets 200K Physical Qubits by 2028

IonQ finalized its $1.8 billion acquisition of SkyWater Technology on July 31, establishing a vertically integrated quantum platform combining semiconductor design, fabrication, and advanced packaging. Under the deal, SkyWater shareholders received $741 million in cash and approximately 24 million newly issued IonQ shares, representing 6% to 11.7% dilution for existing IonQ investors. IonQ's post-transaction cash position stands at $2.0 billion. SkyWater, which generated $442 million in 2025 rev
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16:59

Somalia, Turkey Joint Forces Rescue Cargo Ship, Destroy 4 Pirate Vessels and Kill 14 Pirates on August 29

According to Somalia's Defense Ministry, Somali forces and Turkish Navy jointly rescued the cargo ship Latifoo on August 29, after a 10-day operation to recover the vessel from pirates in Somali waters. The joint forces destroyed four pirate boats and killed 14 pirates, forcing the remaining attackers to abandon their vessels and flee. The operation was conducted under the defense cooperation agreement between Somalia and Turkey. The Latifoo was first hijacked by pirates in northeastern Somali w
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