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
05:57

Gold ETFs Surge as Prices Rally Amid Dollar Weakness; Analyst Views Split on Further Gains

According to EdDaily, gold ETFs have surged recently as gold prices continue climbing amid U.S. dollar weakness tied to fiscal uncertainty. Market analysts are split on the outlook: some expect gold to extend gains as it replaces U.S. Treasuries as a preferred safe-haven asset, while others argue high interest rates following inflation will cap further upside potential.
05:55

Decred Mainnet Exploited for Inflation Bug: 2,077.97 DCR Generated on August 16-17, No Rollback Planned

According to ChainCatcher, Decred's mainnet suffered an inflation bug exploit on August 16-17, generating approximately 2,077.97 DCR. The vulnerability existed in the consensus code since the network's launch in February 2016, stemming from improper edge-case handling during interactions between the regular transaction tree and stake transaction tree, which allowed double-spending inputs. The bug was reported via Decred's bug bounty program on August 12 but was exploited before a fix could be de
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05:53

PONS Hits $100M Market Cap, Up 47% in 24 Hours on August 25

According to BlockBeats citing GMGN data, PONS token hit $100M market cap on August 25, reaching $1.0019 as an intraday peak. The token rose 47.18% over the past 24 hours with trading volume of approximately $18.9 million. PONS is the platform token of Pons, a leading meme coin launchpad on Robinhood Chain.
05:51

Japan's 10-Year Bond Yield May Break 3% as Nominal GDP Growth Holds at 3%

According to Takayuki Miyajima, an economist at Sony Financial Group, Japan's nominal GDP growth rate of approximately 3% could support the 10-year government bond yield breaking through 3%. Miyajima expects the benchmark 10-year yield to fluctuate around the 3% level in the near term, though sustained breaks above this threshold are unlikely as Japan's economic growth is expected to moderate later this year.
05:49

SK Hynix Stock Surges 15.3% After Announcing 40 Trillion Won Share Buyback

According to the financial investment industry, SK Hynix announced a 40 trillion won share repurchase and cancellation plan on August 19, with the company purchasing over 1 trillion won in shares daily. The stock jumped 15.3% in just two trading days on August 25. The 40 trillion won buyback represents approximately 3.3% of total issued shares; canceling the full amount would boost earnings per share by 3.4–4% without requiring increased profitability. In contrast, Samsung Electronics prioritize
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05:45

Bitcoin Open Interest Surges 5.41% to $58.453B in 24 Hours

According to Coinglass data cited by ChainCatcher, Bitcoin's total open interest surged 5.41% over the past 24 hours, reaching $58.453 billion. Binance leads with $11.456 billion in open positions, followed by Gate with $4.808 billion and Bybit with $4.683 billion.
05:45

KOSPI Recovers to 6700 Amid Buying Pressure, Up 0.05% on August 25

According to Korea Exchange, on August 25, KOSPI recovered to 6700.02 level, up 0.05%, after falling 2.4% at market open earlier in the day. The index had dropped to the 6400 level in early trading but rebounded on individual and institutional investor buying pressure throughout the afternoon session.
05:43

Anthropic Targets October IPO with $60–100B Fundraising, Planning Simultaneous $80B Bond Issuance

According to Korean Economic TV, Anthropic is preparing for an October IPO with a target valuation exceeding $2 trillion. If the company offers 3–5% equity stake, it would raise a minimum of $60 billion to a maximum of $100 billion, surpassing SpaceX's $85.7 billion offering in June. Simultaneously, Anthropic is negotiating with banks to expand its revolving credit facility from $2.5 billion to over $10 billion and exploring $80 billion in project financing for AI infrastructure, comprising $45
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05:42

XRP Network Activity Surges 655% with Active Addresses Reaching 356,000 in Late August

In late August 2026, active addresses on the XRP Ledger jumped 654.71%, reaching approximately 356,000 addresses—a dramatic spike against the baseline of roughly 35,700 daily active addresses averaged throughout August. Transaction activity has accelerated in parallel. In late August, successful transactions on the XRPL increased by approximately 65.5%, while overall transaction volume rose by around 38.5%. August's daily active address average of 35,700 represented a 35% increase from July's av
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XRP3.44%
05:39

Tether Shuts Down $120M Uruguay Bitcoin Mining Operations Over Power Dispute

According to ChainCatcher, Tether shut down its Uruguay bitcoin mining operations on November 25, 2025, concluding a $120 million investment after disputes with state utility UTE over power supply contracts. Tether's local entity Microfin stopped electricity payments in May 2025 and halted operations, with the company owing approximately $5 million in arrears when UTE cut power to the mining sites in July. The shutdown resulted in the elimination of 30 positions out of 38 local jobs.
BTC4.64%
05:39

Global Government Bond Yields Rise in Sync Amid Low August Liquidity, Says BNP Paribas

According to Daniel Morris, chief market strategist at BNP Paribas Asset Management, global government bond yields rose in sync on August 25, with investors seeking explanations for the synchronized move. While inflation concerns and worries over government debt sustainability are cited as primary drivers, Morris noted that low market liquidity in August may also be a contributing factor. He added that oil price gains and resulting inflation pressures have been key since Middle East tensions, th
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05:37

Ethereum Developers Propose Post-Quantum-Ready Deposit Contract on August 25

According to BlockBeats, on August 25, Ethereum developers including Kevaundray submitted an EIP draft proposing a post-quantum-ready deposit contract. The proposal introduces variable-length validator deposit contracts and an irreversible BLS key retirement mechanism to protect Ethereum's validator deposit system against future quantum computing threats. The draft remains under review and requires further deliberation.
ETH2.36%
05:34

U.S. Treasury Yields Rise Slightly on Tuesday Amid Debt Buyback Financing Concerns

According to Jin10 data, U.S. Treasury yields rose slightly during Tuesday's Asia trading session on August 25 as markets assessed the Treasury Department's consideration of using its general account to fund debt buybacks. Padhraic Garvey, the Americas research director at ING, stated that from a bond market perspective, the shift in financing method would not have a material impact on long-term yields. He noted that any pressure on long-term yields would more likely stem from an expansion in th
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05:34

Anthropic's Flagship Model Fable 5 Stalls at 11.4% Revenue Share as $2 Trillion IPO Looms

According to Ramp's analysis of 70,000 U.S. companies' spending data, Anthropic's flagship model Fable 5 has stalled at just 11.4% of the company's total product revenue over two months, weighing on the AI firm's $2 trillion valuation target for its September or October IPO. The model's high pricing—$10 per million input tokens and $50 per million output tokens—has pushed enterprise customers toward cheaper alternatives like Opus 5, which costs half as much while delivering comparable benchmark
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