Gate Crypto Flash News and Market Updates

According to The Block, on August 19, White House senior crypto advisor Patrick Witt expressed "optimistic and bullish" views on the Clarity Act's passage at the SALT conference, with the Senate majority leader scheduling a cloture vote for September 15. Witt stated he will negotiate with Democrats to resolve differences before the vote. Stablecoin reward provisions that were previously believed to be resolved have resurfaced as a point of contention, according to Senate Banking Committee Chair

According to Hyundai Globis on August 19, a SpaceX enterprise sales team visited the car carrier 'Globis Stella' docked at Gwangyang Port in South Korea to observe Starlink satellite communication operations and gather crew feedback. The team inspected Starlink equipment and reviewed communication quality, data transmission, video calling, and video streaming performance. Crew members reported significant improvements in ocean communication quality and convenience compared to previous maritime s

According to Rappler, ABS-CBN's public ownership will fall from 41.62% to roughly 15% following its P6 billion recapitalization, as new shares are issued principally to I&C Holdings and Lopez-related private investors rather than through a public offering. The transaction will expand the company's common-share base from approximately 900 million to roughly 2.54 billion shares while public shareholders' absolute holdings remain essentially unchanged. ABS-CBN ended 2025 with consolidated stockhold

Japan's Nikkei 225 index declined 2.00% during intraday trading on August 19.

Japan's Nikkei 225 index fell 631.39 points on opening on August 19, declining 0.94% to close the session at 66,829.34 points.

According to South Korean investment banks, today the Small and Medium Business Administration (SMBA) successfully issued $400 million in 3.5-year social bonds. The spread of 40 basis points marks the lowest on record for non-government Korean public enterprises in the 3-year fixed-rate segment. The bond received the highest ESG framework rating (SQS1) from Moody's, reflecting strong social impact through support for small and medium-sized enterprises. This marks SMBA's first public Korean paper

According to Bank of America, Nvidia is undervalued by as much as 50% as the company pursues aggressive investments across the AI ecosystem, with a target price of $350. BofA analysts noted that Nvidia's large-scale capital deployment—including data center support for OpenAI and broader infrastructure expansion—strengthens long-term market dominance while reducing dependence on hyperscaler customers developing proprietary AI chips. The bank highlighted high GPU rental rates and strong free cash

According to leaker Ice Universe, Apple may reserve its long-awaited variable aperture camera technology exclusively for the iPhone 18 Pro Max, rather than offering it on both Pro models. The variable aperture mechanism requires additional mechanical components that demand more internal space, making the larger Pro Max the better fit for the new hardware. The iPhone 18 Pro Max is expected to get a larger chassis to accommodate a bigger battery, which would provide additional room for the apertur

According to Securities Daily and Wind data, on August 17, China's offshore yuan hit 6.7376 against the U.S. dollar during intraday trading, while the onshore rate touched 6.7370, both marking their strongest levels since February 6, 2023. Analysts at CITIC Securities noted that stable domestic economic fundamentals, particularly strong exports, provide solid support for the yuan. The People's Bank of China's measured approach to exchange rate management has enhanced the currency's resilience.

According to Dune data, Flap token issuance reached 47,551 on August 18, up 24.4% from 38,231 on August 17. The surge follows the listing of Bull, a BSC meme coin, on Binance Alpha, which briefly pushed its market cap above $50 million before retreating to around $43.4 million.

According to BitcoinTreasuries.NET, California Public Employees' Retirement System (CalPERS) disclosed holdings of 381,048 shares in Bitcoin treasury company Strategy, valued at $35.5 million. CalPERS is the largest pension fund in the United States, serving over 2 million state employees who gain Bitcoin exposure through the fund's holdings.

According to Pavel Durov, Telegram has applied for the .gram domain. If approved, Telegram users will receive a second-level domain corresponding to their username, such as durov.gram for the @durov account. Users will also be able to create interactive websites hosted by Telegram simply by entering a prompt.

According to The Block, on August 19, Solana Policy Institute CEO Miller Whitehouse-Levine stated that the CLARITY Act has only a 10% probability of passing before the November midterm elections. Prediction market odds for the bill becoming law by year-end have fallen sharply to 21% on Polymarket and 23% on Kalshi, down from 50% one month prior.

According to ChainCatcher, ZK verification layer project Aligned has unveiled details for its Genesis Drop airdrop. The allocation carves out 8.74% from a fixed total supply of 10 billion ALIGN tokens for the crypto, Ethereum, and ZK communities. At token generation event (TGE), 44.36% of the total airdrop—representing 3.88% of total supply—will unlock immediately. The airdrop comprises three components: Airdrop 1 (6.54% of supply) distributed to community members, with recipients of 10,000 toke

On August 18, the Securities and Exchange Commission announced Regulation Crypto Assets, creating two federal exempt offering routes for crypto investment contracts. A one-time startup exemption would allow offerings of up to $5 million over a period lasting up to four years. A separate fundraising exemption would establish a $20 million Tier 1 limit and a $75 million Tier 2 limit during each 12-month period. The proposal includes a safe harbor that would end investment-contract treatment once a

According to Korea Exchange, foreign investors sold KOSDAQ shares in 9 out of 11 trading days this month as of August 19, taking profits following the index's recent sharp rally. Meanwhile, foreign investors were actively buying large-cap stocks on KOSPI.

According to World Weather Attribution (WWA) on August 19, rising ocean temperatures could intensify severe storms across Europe later this year. The Mediterranean has warmed at twice the rate of global ocean averages, with sea surface temperatures in parts of the Mediterranean and along Europe's Atlantic coast exceeding normal levels by more than 6 degrees Celsius in June. "Higher sea surface temperatures provide storms with additional energy, allowing them to persist longer," said Katherine Gr

According to premarket trading data on August 19, Samsung Electronics fell 5.4% to 254,000 won and SK Hynix dropped 6.5%, as tensions between the United States and Iran intensified overnight. The decline reflects broader weakness across major U.S. stock indices and semiconductor-related equities on the New York Stock Exchange.

According to the SEC, the U.S. Securities and Exchange Commission unveiled a new regulatory framework called "Regulation Crypto Assets" on August 19, designed to provide more flexible compliance pathways for digital asset issuers. The framework includes a startup exemption allowing projects to raise up to $5 million without Securities Act registration for 4 years, and a fundraising exemption permitting issuances up to $75 million to receive a 1-year exemption. The regulation also introduces a sa

According to Yonhap Infomax, SK Hynix boosted its specific money trusts (MMT) by 44.2 trillion won in the first half of 2026, rising from 11.3 trillion won at year-end 2025 to 55.5 trillion won as of mid-year, based on the company's semi-annual report filed on August 19. Long-term financial products surged from zero to 7.1 trillion won, while short-term financial products increased by 8.3 trillion won to 22.4 trillion won. The expansion reflects the chipmaker's strategy to deploy excess cash gen