Gate News: Latest Crypto News and Cryptocurrency Prices

02:11

Kraken announced that it has completed the deployment of distributed validator technology and will stake Ether through the SSV network.

PANews, August 22, reported by Businesswire, states that Kraken has announced the completion of the integration of SSV Network's Distributed Validator Technology (DVT) into its Ethereum staking infrastructure. This architecture is said to support all staking clients of Kraken and aims to achieve decentralized operation of Ethereum validator nodes, no longer relying on a single machine or software client, but rather distributing the responsibilities of validator nodes across a group of independent nodes, each holding a secure copy of the validator's Secret Key.

SSV-1.09%

ETH-0.41%

11:56

Fed's Bostic: The market will provide key decision-making clarity by the end of the year.

Golden Finance reports that Fed's Bostic stated that by the end of the year, the market will have enough clarity for businesses to make key decisions.

06:15

Finity: Plans to accelerate the construction of RWA Layer2 and is negotiating cooperation with institutions.

Odaily News RWA infrastructure protocol Finity announced that the development of its Mainnet and the node stake plan will be accelerated, aiming to unlock the key link of compliance asset on-chain through innovative RWA mapping and yield mechanisms. According to official information, Finity has collaborated with multiple Web 3 institutions, node service providers, and asset parties, and has received preliminary contact from several exchanges and custodial institutions.

RWA0.01%

12:54

Hedge funds see fastest inflow of funds in a decade as investors seek returns amid turmoil

Jin10 data reported on August 20 that investors are pouring money into hedge funds at the fastest pace in a decade, betting that the turbulent market will yield excess returns. According to data from Hedge Fund Research, in the three months ending in June, hedge funds saw net inflows of about $25 billion, bringing the total net inflow for the first half of the year to over $37 billion, the highest level since 2015. After a prolonged slump, global investor interest in hedge fund strategies seems to be rebounding this year. According to Citco data, hedge funds have achieved positive returns for 11 consecutive quarters, and their resilience in market turmoil (such as the tariff shocks in April) is seen as a key factor in attracting new investors. Demand for large multi-strategy hedge funds like Millennium Management and Citadel remains strong, with many such firms closing their doors to new investors.

05:59

Gate Latest Crypto Assets Market Analysis (August 20): BTC Holds 112,900 Support, ETH Breaks Key Strategy Below $4,120

On August 20, the cryptocurrency market continued its volatile trend, with Bitcoin (BTC) and Ethereum (ETH) both facing downward pressure. BTC held steady at the support level of $112,573, while ETH dropped below the $4,120 mark. Although short-term fluctuations have intensified, the capital flow and trading depth indicate that market liquidity remains healthy, providing investors with various opportunities for short-term and mid-term positioning.

BTC-0.66%

ETH-0.41%

00:48

Gate Daily (August 20): Bitcoin Depth retracement to $113,000; Tether hires former White House crypto chief; RLUSD and USD1 receive institutional support.

Bitcoin (BTC) has experienced a deep pullback, temporarily reported around 113,110 USD on August 20. Key Republican senators anticipate that the Democrats will support the Digital Asset Market Clarification Act (CLARITY Act). Former White House cryptocurrency director Bo Hines serves as an advisor to Tether, promoting a strategy for expansion into the United States. Ripple's RLUSD and the USD1 linked to Trump are used for the bullish 1.1 billion USD IPO settlement.

USD10.01%

14:56

U.S. stocks opened lower, with Home Depot's earnings report and the Jackson Hole meeting in focus.

According to ChainCatcher news, Jin10 reported that the U.S. stock market opened lower on Tuesday, as Home Depot's earnings report kicked off a series of key retail company performances, with investors also following this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index fell 0.5%, and the Dow Jones Industrial Average rose 0.2%. Stephen Schwartz, founding partner of Vanguard Financial, stated that Powell's speech on Friday could become a turning point for the market, with expectations of signals indicating a possible rate cut in September.

14:17

Non-financial RWA annual growth of 240%, platforms like Oasys establish Blockchain IP proof systems to drop equity confirmation fraud risks.

According to ChainCatcher news, Forbes reports that the tokenization scale of real-world assets (RWA) in non-financial categories will rise by 240% year-on-year in 2024, significantly surpassing traditional RWA categories. Key advancements focus on three major areas: domain name assets, intellectual property, and carbon credits. In terms of intellectual property, platforms like Oasys have established blockchain IP storage systems to reduce the risk of rights confirmation fraud, and the fractional trading model of music copyrights has been expanded to the creative industry. According to reports, Oasys is a Layer 1 blockchain designed specifically for gaming. Through its EVM L1 and private L2 aggregation, Oasys creates an attractive solution for both large and independent game studios to deploy their games and intellectual property on-chain.

RWA0.01%

OAS-1.82%

IP-3.06%