points

According to official news, Gate will upgrade the Gate Card points reward program on August 14, 2026. After the upgrade, the assets that can be redeemed with Gate Card points will expand from primarily supporting USDT and GT to include USDT, GT, BTC, ETH, GUSD, as well as tokenized stock assets such as NVDAG, AAPLG, GOOGLG, SPCXG, TSLAG, MUG, SNDKG, and SKHYG, corresponding to Nvidia, Apple, Google, SpaceX, Tesla, Micron Technology, SanDisk, and SK Hynix. The newly added tokenized stock assets cover several popular fields such as AI, semiconductors, and consumer technology. After earning points through eligible daily spending, users can redeem mainstream crypto assets like BTC and ETH according to their preferences, or they can redeem corresponding tokenized stock assets like Nvidia, Apple, Tesla, and SpaceX. In addition, Gate Card points will also support the redemption of gold-backed stablecoins (XAUT), effectively enriching users' options for point redemption.The redemption ratio for Gate Card points remains at 100 points = 1 USDT equivalent asset, and points are permanently valid, with other core rules unchanged. Users can still earn cashback points through eligible Gate Card spending, with the cashback ratio continuing to be calculated based on the user's T0--T5 / VIP level. This upgrade will not affect the existing point acquisition mechanism but will provide users with more asset choices at the redemption end, expanding the application scenarios for Gate Card points. By upgrading the points reward program, Gate Card will further connect payment consumption with asset accumulation, offering users richer rights options and a more flexible asset management experience.

World Liberty Financial (WLFI) announced that the company has appointed Ryan Ballantyne as Chief Business Officer.Ryan Ballantyne has over thirty years of experience in capital markets, derivatives, asset management, and digital assets. Previously, he served as the Head of Institutional Client Strategy at Coinbase Institutional, where he was responsible for assisting public companies and institutions in adopting digital asset fund management, trading, and custody solutions. Earlier, he held senior positions at Osprey Funds and Blackforce Capital, and worked at institutions such as Susquehanna, Deutsche Bank, and Smith Barney.

According to Gate market data, the Hong Kong Hang Seng Index closed down 43.66 points on August 13, a decrease of 0.17%, at 25,396.51 points; the Hang Seng Tech Index rose 15.95 points, an increase of 0.33%, at 4,792.39 points; the State-Owned Enterprises Index fell 19.78 points, a decrease of 0.23%, at 8,426.49 points; the Red Chip Index dropped 66.9 points, a decrease of 1.61%, at 4,089.2 points.

According to Gate market data, the South Korean KOSPI index surged 5% during the day, currently reported at 6,665.78 points.

According to Gate market data, the Dow Jones Index closed down 184.07 points on August 11, a decrease of 0.34%, reporting at 53,791.91 points; the S&P 500 Index closed down 25 points, a decrease of 0.32%, reporting at 7,728.11 points; the Nasdaq Composite Index closed down 159.91 points, a decrease of 0.6%, reporting at 26,445.45 points.

According to the announcement from H100 Group, the company has appointed Eirik Grøttum as the Chief Executive Officer. Grøttum was previously responsible for Moonshot AS, which completed its acquisition by H100 yesterday. Information shows that he has experience in technology, fintech, systematic trading, and digital assets, and has co-managed related Bitcoin holdings with Chief Investment Officer Peter C. Warren.In addition, Peter C. Warren will continue to serve as Chief Investment Officer; Sander Andersen will continue as Executive Chairman; and Johannes Wiik will return as Chief Operating Officer, responsible for operations, corporate development, capital markets, and strategic transactions.

According to Gate market data, the Hong Kong Hang Seng Index closed down 284.67 points on August 11, a decrease of 1.1%, at 25,652.82 points; the Hong Kong Hang Seng Tech Index closed down 95.04 points, a decrease of 1.93%, at 4,824.42 points; the State-owned Enterprises Index closed down 93.74 points, a decrease of 1.09%, at 8,528.1 points; the Red Chip Index closed down 20.92 points, a decrease of 0.5%, at 4,121.93 points.

The perpetual contract DEX Extended, developed by the former Revolut team, has announced the results of its points program update, excluding 5,038,989 points generated through non-natural or manipulative activities. This adjustment covers 4,017 affected accounts and 35 identified Sybil operations and other prohibited behaviors.After the update, the total amount of the points program is 64,673,031 points (as of August 10, 2026). The excluded points have been returned to the program budget, available for genuine participants to continue earning. The total allocation cap for the points program remains no more than 70 million.The review scope includes cross-account wash trading, self-referral, Sybil wallet groups, and coordinated multi-account activities, with adjustments made based on the quantitative rules under the points program terms.

According to Gate market data, the Dow Jones Index closed down 61.3 points on August 10, a decrease of 0.11%, at 53,975.63 points; the S&P 500 Index closed down 4.62 points, a decrease of 0.06%, at 7,753.02 points; the Nasdaq Composite Index closed down 85.26 points, a decrease of 0.32%, at 26,605.36 points.

JPMorgan Chase today officially raised its target level for the S&P 500 index at the end of 2026 from 7800 points to 8000 points, primarily due to a robust outlook for corporate earnings, while major tech companies are increasing their AI investments, which is expected to significantly accelerate revenue growth. This target level has about a 3% upside compared to the S&P 500's closing level last Friday.Currently, at least seven brokerage firms expect the S&P 500 to reach 8000 points by the end of 2026. JPMorgan analysts stated that as backlogged orders convert into actual revenue, the cloud computing business is expected to maintain strong growth, which will validate the rationale for AI capital expenditures and further alleviate market concerns about the return on invested capital. According to data from the London Stock Exchange Group, among the 436 S&P 500 constituent companies that have disclosed their Q2 financial reports, 85.1% exceeded analysts' expectations, significantly higher than the long-term average of 68% since 1994. So far this year, driven by optimism related to AI, the S&P 500 index has risen by about 13%.

According to Gate market data, the Dow Jones Index opened down 17.5 points on August 10, a decrease of 0.03%, reporting at 54,019.43 points; the S&P 500 Index opened down 1 point, a decrease of 0.01%, reporting at 7,756.46 points; the Nasdaq Composite Index opened down 19.93 points, a decrease of 0.08%, reporting at 26,670.69 points.

PPP prediction market tool monitoring shows that before the non-farm data release, the probability of "Federal Reserve raising interest rates by 25 basis points in September" on Polymarket has risen to 48%, up 5% in 24 hours, and up 24% for the month; the probability of maintaining the interest rate unchanged in September has fallen to 49%, down 21% for the month.The U.S. July non-farm payroll report will be released today at 20:30 Beijing time, with Wall Street institutions predicting a data range from 18,000 to 83,000, showing significant divergence. Market participants believe that if the final data significantly deviates from expectations, there could be severe fluctuations in the stock, bond, and dollar markets. The unemployment rate remains a core variable of concern for the Federal Reserve. Bank of America economist Aditya Bhave pointed out that if the data shows "everything is safe" in the labor market, the Federal Reserve may raise interest rates up to three times this year, but the federal funds futures market is currently only pricing in one rate hike for the year.

On August 6, OpenAI first released usage data of ChatGPT across various countries, showing significant differences in usage across different scenarios, ages, and regions. In work scenarios, users utilizing ChatGPT for execution tasks (writing, editing, analyzing, etc.) accounted for over 50%, more than twice that of non-work scenarios; non-work scenarios are still primarily focused on "information retrieval." By age group, the proportion of messages from users over 35 years old globally increased by 5 percentage points year-on-year, with France and the Czech Republic seeing increases of over 10 percentage points. Nearly three-quarters of European countries exceeded the global average increase, while some regions in Southeast Asia saw smaller increases.Regionally, Latin America, Africa, and Oceania are narrowing the gap with early adopters, with Peru, Uruguay, and Costa Rica showing the fastest rankings rise. Multimodal (such as image generation and analysis) is the fastest-growing use case, with its global share rising to 7.8%, exceeding 10% in countries like Brazil and Colombia. OpenAI stated that the relevant data has been made public through the OpenAI Signals platform, aimed at helping policymakers and researchers understand the usage trends of over 1 billion users.

According to Gate market data, the Dow Jones Index opened on August 6 with an increase of 129.94 points, a rise of 0.24%, reporting at 54,479.06 points; the S&P 500 Index opened with an increase of 3.34 points, a rise of 0.04%, reporting at 7,726.76 points; the Nasdaq Composite Index opened with a decrease of 103.47 points, a drop of 0.39%, reporting at 26,259.97 points.

Tom Lee, Chairman of Bitmine and Co-founder of Fundstrat, stated that the S&P 500 index is expected to reach the range of 7900 to 8000 points in August, which still has about a 3.6% upside potential from Wednesday's closing level.Lee believes that the main factors driving the continued rise of U.S. stocks include strong technical momentum, accelerated corporate earnings growth, and an expanding breadth of the market rally. He remains optimistic about semiconductors, software, Ethereum, and the "Magnificent Seven" tech stocks, believing that AI-driven earnings growth will continue to improve market expectations for corporate earnings in 2027.Lee indicated that as AI-related investments continue to drive improvements in corporate efficiency and profit growth, the market may further raise future earnings forecasts, providing support for the rise of U.S. stocks.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until September is 45.6%, while the probability of a cumulative rate hike of 25 basis points is 54.4%. By October, the probability of keeping interest rates unchanged is 33.5%, the probability of a cumulative rate hike of 25 basis points is 52.1%, and the probability of a cumulative rate hike of 50 basis points is 14.5%.

According to CoinDesk, Ondo Finance announced the appointment of former Blockchain.com Chief Financial Officer Adam Schlisman as Chief Financial Officer. Schlisman previously worked at Monashee Investment Management.Ondo stated that this appointment aims to support the expansion of its tokenized assets and on-chain capital markets business. The company, founded by former Goldman Sachs executives, is currently one of the larger tokenization platforms for real-world assets, with products covering blockchain-based U.S. Treasury bonds and stocks.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until September is 41.6%, while the probability of a cumulative rate hike of 25 basis points is 58.4%. By October, the probability of keeping interest rates unchanged is 30.5%, the probability of a cumulative rate hike of 25 basis points is 53.9%, and the probability of a cumulative rate hike of 50 basis points is 15.5%.

Bloomberg ETF analyst Eric Balchunas posted on X platform that BlackRock announced a 1-for-3 reverse split for ETHA, with the price rising from $14 to $42 in October.This move will reduce trading costs from 7 basis points to about 2 basis points. The ETF issuer believes that a 7 basis point spread is an issue and is adjusting it to about 2 basis points, while cryptocurrency exchanges charge about 140 basis points.