22:38

ETH fell below 4800 USDT

Gate News bot message, Gate market shows that ETH has fallen below 4800 USDT, current price 4799.41 USDT.
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ETH13.25%
21:38

Affected by the new high of ETH, related concept tokens are experiencing a general rise.

Odaily News Due to the impact of the new high of ETH, multiple ETH Layer 2, stake, infrastructure and other track tokens have achieved a general rise, among which: SSV 24H rise of 25.54%, currently reported at 10.6 USDT; ETHFI 24H rise of 20.67%, currently reported at 1.3 USDT; ARB 24H rise of 9.53%, currently reported at 0.593 USDT; ETC 24H rise of 18.02%, currently reported at 25.02 USDT; ENA 24H rise of 17.58%, currently reported at 0.742 USDT; RPL 24H rise of 16.67%, currently reported at 8.4 USDT.
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ETH13.25%
21:00

ETH briefly rose to 4868 USD, reaching a historical high.

Golden Finance reports that the market shows that ETH briefly rose to 4868 USD, reaching a historical high, with a 24-hour increase of 14.66%. The market is experiencing significant fluctuations, please ensure proper risk control. Previously, it reached a historic high of 4868 US dollars in November 2021.
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ETH13.25%
19:25

Fitch: Confirms US 'AA+' Rating, Outlook Stable

Fitch confirms the U.S. rating at "AA+" with a stable outlook. The large size of the U.S. economy and the status of the dollar support its rating, but high fiscal deficits and government debt are the main constraints. It is expected that the government deficit as a percentage of GDP will drop to 6.9% by 2025, but then will gradually rise.
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18:45

The Israeli army reported detecting incoming missiles from the direction of Yemen, and air defense alarms sounded in central Israel.

Jin10 reported on August 23 that on the 22nd local time, the Israeli military stated that it had detected incoming missiles from the direction of Yemen, triggering air defense alarms in central Israel. On the evening of the 22nd, the Israeli military confirmed that it had monitored an incoming missile from the Yemen direction and intercepted it. Furthermore, according to reports from Israeli media citing preliminary assessments by the Israeli military, the incoming missile disintegrated in mid-air during its descent, prompting the military to launch missiles to intercept the debris. As of now, there have been no reports of casualties or property damage within Israel.
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18:42

"Maji Brother" closed the YZY long order with a loss of $529,000.

According to BlockBeats news on August 23, on-chain data shows that "Brother Magic" Huang Licheng has incurred a loss of 529,000 USD on his YZY long order. He currently only has ETH and HYPE long orders left, with overall unrealized gains remaining above 3.6 million USD. His PUMP long order ended with a loss of 52,000 USD, and his BTC long order ended with a loss of 29,000 USD.
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YZY-16.85%
18:31

Dutch Foreign Minister resigns

Jin10 reported on August 23 that on August 22 local time, Dutch Foreign Minister Kasper Feldkamp resigned due to a deadlock in the Cabinet's debate over sanctions against Israel.
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17:51

HYPE top holders are going long on XPL, holding a long positions worth $5.2 million.

BlockBeats news, on August 23, according to on-chain data, the top HYPE holder is going long on XPL. He has used 380,000 KHYPE (worth 16.8 million USD) as collateral on Morpho to borrow 5.6 million USDT0, and currently holds 11 million XPL long orders (worth 5.2 million USD). His entry price was 0.49178 USD, the liquidation price is 0.26422 USD, and the current unrealized losses are 57,000 USD.
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HYPE8.3%
17:16

Trump: The stock market rose nearly 1000 points 10 minutes ago.

BlockBeats news, on August 23, U.S. President Trump posted that the stock market rose nearly 1000 points 10 minutes ago. At the time of the post, the three major U.S. stock indexes were all up, with the Dow Jones rising over 2%, the Nasdaq rising 1.55%, and the S&P 500 index rising 1.56%.
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TRUMP6.04%
17:12

21SHARES XRP ETF has been registered in Delaware.

According to the Gate News bot, records show that the 21SHARES XRP ETF product has completed the company registration process in Delaware, USA. This move marks an important step for 21SHARES in the digital asset ETF field.
XRP7.04%
16:23

World Liberty Fi Wallet Purchases Over 1,000 ETH for $5M USDC

Gate News bot message, a wallet associated with World Liberty Fi (@worldlibertyfi) has executed a significant cryptocurrency transaction, purchasing 1,076 ETH for 5.025 million USDC. The transaction occurred at a rate of $4,670 per ETH from wallet address 0x77a56647fba0eb60abb7395574cded565f6f94f6.
ETH13.25%
  • 1
16:20

Multiple European countries have suspended sending packages to the US.

Jin10 Data reported on August 23 that U.S. President Trump announced at the end of last month that starting from August 29, the tax exemption on imported packages valued at $800 or less would be suspended. According to a recent report by Reuters, as a result of this tariff policy, postal companies in countries such as Sweden and Norway have already announced a suspension of sending packages to the U.S., requesting clarification on the policy details from the American side.
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TRUMP6.04%
15:59

Jump Crypto proposed the DFBA mechanism to address the challenges of traditional CLOBs on the Blockchain.

PANews August 22 news, according to the market maker Jump Crypto research team, a new trading mechanism Dual Flow Batch Auction (DFBA) has been proposed, aimed at addressing the challenges of traditional Continuous Limit Order Books (CLOBs) on the Blockchain. It is reported that CLOBs rely on continuous matching and a time priority mechanism, leading to delayed arbitrage, MEV (Miner Extractable Value) issues, and adverse trading liquidity, increasing market trading costs. DFBA conducts two independent auctions every 100 milliseconds, dividing orders into Maker and Taker groups, completing transactions at a single fair clearing price. This mechanism eliminates the priority of arrival time, avoids competition among liquidity providers, and shifts the focus of competition from speed to price and scale. Compared to traditional designs, DFBA can provide tighter quotes.
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15:52

If the Fed significantly cuts interest rates in September, it may be seen as political interference.

Seema Shah, Chief Global Strategist at Principal Asset Management, stated that despite the rationale for easing policies, there is a lack of economic justification for a 50 basis point emergency rate cut. If the Fed were to do this, it might be seen as politically driven, increasing inflation expectations and market risks. The market might welcome a 25 basis point cut in September, but anything beyond that could have a counterproductive effect.
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15:41

The Federal Reserve Board of Governors member Cook responds to Trump's firing threat: does not plan to resign, will not yield to external pressure.

According to BlockBeats news, on August 22, The Federal Reserve Board of Governors member Cook responded to Trump's threat of dismissal by stating that he "has no intention to resign due to threats" and expressed that he would not yield to external pressure. Earlier today, Trump stated that if The Federal Reserve Board of Governors member Cook does not resign, he will be fired. (Zhitong Finance)
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TRUMP6.04%
15:41

The dovish shift of Fed Chairman Powell is due to economic trends rather than political pressure.

According to ChainCatcher news and Jin10 reports, Mona Mahajan from Edward Jones stated that Fed Chairman Powell's dovish shift at Jackson Hole is based on economic trends rather than political pressure. She pointed out that Powell's stance has been quite consistent, and the market recognizes that he has provided a balanced narrative, with no signs indicating that his position has changed due to political factors. At the same time, Powell mentioned that inflation driven by tariffs may be temporary and acknowledged that there are cracks appearing in the labor market, which has reignited market bets on a rate cut in September.
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15:09

"Brother Ma Ji" Huang Li Cheng has now realized unrealized gains of $1.52 million, while PUMP and YZY are still in unrealized losses.

BlockBeats news, on August 22, according to on-chain analyst Ai Yi (@ai9684xtpa) monitoring, this morning "Brother Maji" Huang Licheng's five long order positions still had unrealized losses as high as 9.17 million USD, and currently there are unrealized gains of 1.52 million USD. Among them, the ETH long order has unrealized gains of 1.645 million USD, and currently only PUMP and YZY are still in a state of unrealized losses.
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PUMP11.8%
YZY-16.85%
15:08

Ethereum's market capitalization surpasses that of payment giant Mastercard.

Odaily News 8MarketCap data shows that Ethereum's market capitalization has surpassed that of payment giant MasterCard, ranking 26th in the global asset market capitalization. Currently, Ethereum's market capitalization is approximately $556.91 billion, while MasterCard's market capitalization is around $541.84 billion.
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ETH13.25%
15:00

Bitcoin and Ethereum ETF Market Update: Divergent Flows on August 22

Gate News bot message, latest data reveals contrasting ETF flows for Bitcoin and Ethereum on August 22. Bitcoin ETFs recorded net outflows of 2,014 BTC ($233.57M), with iShares (Blackrock) contributing significantly through outflows of 1,135 BTC ($131.71M). The fund maintains holdings of 746,288 BTC
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BTC3.53%
ETH13.25%
14:58

Tom Lee cited his prediction of "rise on Friday": Powell's speech was interpreted as "dovish", Favourable Information for encryption.

BlockBeats news, on August 22, Tom Lee posted on the X platform stating that Powell's speech was interpreted as "dovish," which was in line with expectations and favourable information for encryption (BTC, ETH). In the tweet he referenced, Tom Lee predicted on August 19 that in conversations with institutional investors, more people expected Fed Chairman Powell to lean towards "hawkish" because he did not want to be forced to cut interest rates. Since this is the "basic situation," his statement is likely to be viewed as "dovish." This means that the stock market may pump on Friday after the Jackson Hole event.
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BTC3.53%
ETH13.25%
  • 5
14:49

FreeStyle Classic Token(FST) will be launched on Gate and an Airdrop will be initiated. Holding GT will allow you to share 150,000 FST.

Gate News bot message, according to the official announcement from Gate on August 22, 2025: Gate will launch the FreeStyle Classic Token (FST) spot trading for the first time and simultaneously kick off the 283rd HODLer Airdrop event, with a total of 150,000 FST to be distributed to participating users based on their GT holdings. This airdrop event will last until August 24, 2025, 14:00 ( UTC+8. FreeStyle Classic is a project that combines street culture with Web3, aiming to build a community for mixed culture and meme culture creators. The FST token is issued under the BEP-20 standard, with a total supply of 1 billion tokens, of which 35% is allocated to early contributors, 53% is used for community ecosystem development, 10% is for listing, and 2% is allocated to community supporters. FST will launch the FST/USDT trading pair on Gate, and the specific trading start time will be notified separately. The project contract address is: 0xfa35e2250e376c23955247383dc32c79082e7fcc.
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TOKEN8.75%
GT0.28%
  • 1
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14:43

The Fed is more focused on the risks of rise, while inflation expectation risks have been downplayed.

According to ChainCatcher news and reports from Jin10, Annex Wealth Management Chief Economist Brian Jacobsen stated that the Fed will not act as a "killjoy". Powell has shown an open attitude towards interpreting data, with the downside risks in the labor market rising. Although there are still concerns about inflation expectations, he will not place this elusive inflation expectation risk above the known growth risks.
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14:42

Market Analysis: Powell's speech suggests a high possibility of consecutive interest rate cuts starting in September.

Jin10 data August 22 news, market strategist Art Hogan stated that Powell is able to talk about the risk balance shifting, hence policies may need to adjust accordingly. This is a clear signal indicating his willingness to support future rate cuts, which may occur in September, October, and December. In other words, the driving force clearly comes from the weakness in the labor market, not from the core commodity price rise we see due to tariffs... The clear message conveyed to the market is: a rate cut in September is now very likely.
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  • 5
14:34

Powell warns that tariffs may trigger persistent inflation risks

Jin10 data reported on August 22 that market analysis indicates it is noteworthy that Powell remains open about how tariffs will ultimately affect prices in his speech, and he warned that this could mean faster inflation. The relevant part of his speech is as follows: "However, the price upward pressure brought by tariffs could also trigger more persistent inflation dynamics, which is a risk that must be assessed and managed."
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  • 1
14:26

Powell: The previous framework placed too much emphasis on specific economic conditions. The new framework aims to adapt to various economic conditions.

Golden Finance reports that Fed Chairman Powell stated at the Jackson Hole Global Central Bank Annual Meeting that the previous framework overly emphasized specific economic conditions, which may have led to some confusion; the new framework aims to adapt to various economic conditions. When there are conflicts between the Fed's goals, the new framework requires a balanced response.
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14:25

Finity: Social media account was attacked, refund process will be initiated within two hours.

Odaily News RWA+Layer 2 project Finity stated that an operational vulnerability was discovered today, affecting its media operations and promotional channels. Finity indicated that the core Mint contract is operating normally and has been fully protected, with no impact on user assets. To effectively safeguard user rights, a full refund process will be initiated within the next two hours.
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RWA5.18%
MINT-1.28%
14:25

Yili Hua: ETH ends a week-long Bear Market, let's welcome a new round of pump.

BlockBeats news, on August 22, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on X platform stating: "ETH has ended a week-long Bear Market, and the interest rate cut we anticipated has been confirmed. Those who took the advice to buy the dip, raise your hands, let's welcome a new round of pump together."
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ETH13.25%
14:22

ETH fell below 4550 USDT

Gate News bot message, Gate market shows, ETH falls below 4550 USDT, current price 4549.89 USDT.
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ETH13.25%
14:18

ETH fell below 4550 USDT

Gate News bot message, Gate market shows, ETH falls below 4550 USDT, current price 4548.7 USDT.
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ETH13.25%
14:16

Spot gold surged significantly by 14 USD, reported at 3,350.13 USD.

According to ChainCatcher news and Jin10 reports, Spot gold has surged significantly by 14 USD in the short-term, currently reported at 3,350.13 USD. Meanwhile, the DXY dollar index has sharply declined by 50 points in the short-term, currently reported at 98.26.
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