Gate Insights and Crypto Market Analysis

Zcash (ZEC) briefly reached $888 on August 20—its highest price level since 2018—before pulling back to around $843, marking a nearly 7% gain over 24 hours and roughly 48% increase since August 20. The surge coincided with open interest in ZEC perpetual futures nearly doubling from $962.5 million on

Samsung Electronics approved a shareholder return plan of 90 trillion to 110 trillion won ($65.1 billion to $79.5 billion) on 21 August, the largest ever by a Korean company. Two days earlier, on 19 August, rival SK Hynix had disclosed a 40 trillion won ($28.6 billion) share buyback and

U.S. spot Bitcoin and Ethereum ETFs recorded $2.6 billion in net inflows for the week ending August 21, their strongest week since October 2025, while total assets under management jumped roughly $23 billion. Bitcoin ETF assets rose 25.4% to $96.1 billion and Ethereum ETF assets climbed 35.9% to $14

Central banks will release key data this week, with RBA meeting minutes on Tuesday at 01:30 AM GMT, US core PCE and GDP on Wednesday at 12:30 PM GMT. Canada reports GDP growth on Friday at 13:30 GMT, while Federal Reserve Chair Kevin Warsh delivers a keynote speech at Jackson Hole on Friday at 14:00

Treasury Secretary Scott Bessent announced during the week of August 17–21 that the Treasury would at least double liquidity-support buybacks of 10- to 30-year debt from $2 billion to at least $4 billion per operation, starting September 9. The intervention came after the 30-year yield touched a 19-

Bitcoin gained more than 20% over the past week and approached $80,000, supported by changing conditions in the US bond market and renewed investor demand. The cryptocurrency opened above $77,500 on Monday, 24 August, after reaching around $79,500 on Friday. The US Treasury Department announced it w

The Nevada Transportation Authority approved Tesla's Autonomous Vehicle Network Company application on August 20, authorizing up to 5,000 fully autonomous vehicles during the first 12 months after permit issuance in Clark County. This expands operations from a July 27 interim limit of 10 cars,

Taiwan has indicted nine people, reportedly including an Nvidia senior manager and two Supermicro employees, for allegedly helping forge documents to cover up illegal exports of high-end AI servers to China. Prosecutors in Keelung on Monday charged the suspects with breach of trust and document forg

XRP traded near $1.47 on 24 August after gaining approximately 47% over seven days, while a wallet attributed to market maker Wintermute carried a $10.19 million short position against the token on Hyperliquid, according to blockchain analytics account Onchain Lens. The wallet's total bearish

Nvidia shares fell over 2% on Monday amid broader market weakness, even as the AI chip maker unveiled new infrastructure partnerships and analysts maintained bullish ratings ahead of the company's second-quarter earnings report later this week. The stock decline occurred despite Nvidia announcing th

The Hyperliquid Policy Center published a comment letter Monday urging the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission to adopt a harmonized framework for perpetual contracts. The HPC argued that perpetual contracts should be classified based on their economic

Shein is preparing for a Hong Kong initial public offering after scrapping earlier plans to list in New York and London. The fast-fashion retailer raised Series F funding in 2022 at a $100 billion valuation, then raised again in 2023 at $66 billion. The shift to Hong Kong follows the termination of

The Crypto Council for Innovation and Blockchain Association filed a lawsuit Friday in the Circuit Court of the Seventh Judicial Circuit for Sangamon County challenging Illinois' 0.2% cryptocurrency tax on constitutional grounds. The lawsuit argues the tax violates the US Constitution, Illinois

Shares of Sellas Life Sciences (SLS) fell about 9% on Monday as traders monitored whether the stock could break through the $15.45 to $15.88 resistance zone. The decline occurred ahead of the company's major acute myeloid leukemia trial readout. The stock had reached a swing high of $15.88 in late

Stand With Crypto endorsed 32 House candidates on Monday, including Republican Warren Davidson and Democrat Ritchie Torres, as the Coinbase-backed advocacy group expands its political engagement ahead of the upcoming midterm elections. The endorsements come as the crypto industry seeks to

Strive (ASST) acquired 1,110 bitcoin for approximately $81.5 million between Aug. 17 and Aug. 21, bringing its total holdings to 21,356 BTC, according to an 8-K filing with the Securities and Exchange Commission. The bitcoin was purchased at an average price of $73,409 per coin, inclusive of fees an

Bitcoin's Relative Strength Index (RSI) rose to the 84-86 range, marking the cryptocurrency's strongest overbought zone since November 2024. This technical indicator surge followed Bitcoin's recent sharp price gains that attracted significant investor attention. The RSI elevation reflects strong

California Attorney General Rob Bonta canceled a scheduled Monday meeting with Paramount Skydance, citing the company's "lack of good faith" following a Friday settlement discussion. Bonta stated that Paramount leaked and misrepresented the substance of Friday's confidential meeting. The

State-owned power financier REC is set to lead India's first tokenized corporate bond issuance in September, marking a significant step in applying blockchain technology to securities markets. The pilot, developed jointly by the Securities and Exchange Board of India and the Reserve Bank of India, a

Korean retail investors in US stocks face currency-driven losses as the won-dollar exchange rate fell to 1382.4 won on the trading day, down 4.1 won from the previous session and marking an 11-month low. The rapid won appreciation has eroded stock market gains, with investors who entered dollar