Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
00:07

Citigroup Raises Three-Month Gold Target to $4,800 per Ounce on August 25

According to Guru Club, Citigroup raised its three-month gold price target to $4,800 per ounce on August 25, following the U.S. Treasury's announcement to increase long-term bond buybacks. The bank maintained its 6-12 month target of $5,000 per ounce, citing expectations of Strait of Hormuz resolution, falling real interest rates, and a dovish shift in Federal Reserve policy.
00:05

Coinbase Launches Tokenized Stocks on Base Network Supporting Apple, Nvidia on August 25

According to PANews, on August 25, Coinbase announced tokenized stocks are now live on its Base network using the B20 standard, backed 1:1 by regulated custodians. The initial offering supports major U.S. stocks including Apple and Nvidia. The tokens are issued by authorized market makers and held in custody by regulated broker Alpaca, utilizing an Abu Dhabi Global Market-regulated bankruptcy-remote structure. Token holders retain full ownership of underlying shares and can hold them in self-cus
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AERO13.43%
00:05

Lithium Inventory Falls to Year's Low in Latest Week; Battery Output Growth Accelerates 5.71%

According to Chinese investment bank CITIC Securities, lithium inventory fell this week to its lowest level of the year, with 865,000 tons and a weekly drawdown of 75,000 tons—the 8th consecutive week of inventory reduction. A sample survey of 27 battery manufacturers by Baichuan Yingfu showed China's battery production reached 311.85 GWh in August 2026, up 5.71% month-on-month, signaling continued acceleration.
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00:02

South Korea Parliament Passes Fair Value Amendment for Stock Exchanges on August 25

According to the financial investment industry, South Korea's parliament passed a capital market law amendment on August 25 that changes valuation standards for listed company stock exchanges from market price to fair value. The amendment aims to prevent controlling shareholders and private equity funds from forcibly acquiring minority shareholder stakes at artificially low prices, a practice used to delist companies. The new law requires that merger and stock exchange valuations be based on fai
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00:02

South Korea SPAC Merger Success Rate Plunges to 38.5% in 2025, More Delistings Expected

According to Korea Exchange, SPAC (special purpose acquisition company) delistings in South Korea are accelerating as merger targets remain elusive. DaesinBalance SPAC 17, which halted trading last week, will be delisted on September 1 after failing to file a merger listing pre-review application within the required timeframe. SPAC merger success rates have collapsed dramatically. The rate dropped to 38.5% in 2025 from the 60% range maintained in prior years, with only about 20% of SPACs complet
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23:59

Tether USDT Market Cap Surpasses $180 Billion, Expanding Use in Emerging Markets

According to Tether CEO Paolo Ardoino, via ChainCatcher, USDT market cap has surpassed $180 billion as the stablecoin expands globally to help developing nations access foreign currency for domestic and cross-border commerce. In emerging markets, adoption is accelerating: Venezuela generated nearly 80% of crude oil revenues through stablecoins in 2025, with P2P stablecoin trading volumes equivalent to 75% of the nation's monthly oil exports; Binance P2P order book shows 90.2% of active orders co
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23:55

KB Securities Maintains Doosan Enerbility at 140,000 KRW Target Ahead of U.S. Nuclear Equipment Orders

According to KB Securities on August 25, the brokerage maintained a 'buy' rating on Doosan Enerbility with a 140,000 KRW price target, implying 91% upside potential from prior close. The outlook reflects acceleration in the South Korean nuclear equipment supplier's U.S. order timeline following the U.S. Department of Energy's June announcement of a long-lead procurement loan program, which allows major equipment orders before final investment decisions on nuclear projects. KB Securities forecast
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23:53

ICE Canola Futures Fall 3.57% to Two-Week Low on Monday as U.S. Tariffs Weigh

According to Jin10, ICE canola futures closed sharply lower on Monday, Aug 25, with the benchmark contract falling 3.57% and hitting its lowest level since Aug 7. The November contract declined more than 28 Canadian dollars per tonne. The decline was driven by renewed U.S. tariffs on Canadian products announced last week, combined with weakness in related markets. Crude oil prices fell over $2 and Chicago soybean oil prices dropped sharply, pressuring canola alongside broader market selloff.
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23:51

U.S. Semiconductor Stocks Fall 1.6% on August 24 Amid Sector Rotation

According to Yahoo Finance, U.S. semiconductor stocks and the broader market's top 10% performers fell an average of 1.6% through midday on August 24, with the top 20 gainers of the year showing even steeper declines of 2.7% on average. Stocks like SanDisk retreated over 7% despite triple-digit year-to-date gains. Mark Newton, head of technical strategy at Fundstrat, noted "massive rotation" across sectors, with technology and energy leadership giving way to gains in consumer staples, financials
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23:51

MicroStrategy Raises $2 Billion via Stock Sale, Boosts USD Liquidity to $6.69 Billion

According to CoinDesk, on August 24, MicroStrategy sold 18.26 million shares last week, raising approximately $2 billion. The company allocated $300 million to its USD reserve fund, used $136.4 million to repurchase 1.43 million preferred shares, and deployed the remainder to a newly established USD Cash liquidity pool. As of August 23, the company's total dollar liquidity reached $6.69 billion, comprising $5.1 billion in USD reserves (earmarked for preferred dividends and bond interest) and $1.
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BTC1.61%
23:51

Truist Raises CoreWeave Price Target to $165 from $155 on August 24, Maintains Buy Rating

According to CNBC on August 24, Truist Securities analyst Arvind Ramnani raised the price target for CoreWeave (NAS:CRWV) to $165 from $155 while maintaining a Buy rating. Ramnani noted that CoreWeave raised rental prices for all products by 25% in July, offsetting Nvidia's GPU price increases of over 15%, with CoreWeave's pricing impact expected to be reflected in earnings immediately from the second half of 2026. The analyst expects the price increase to expand long-term contract contribution
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23:45

U.S. Supreme Court Halts Mail-in Voting Restrictions Injunction for Trump's Executive Order Across 23 States

According to BlockBeats, on August 25, the U.S. Supreme Court halted a lower court's injunction against Trump's mail-in voting restrictions, clearing the way for implementation in 23 Democratic-led states and Washington, D.C. The court approved an emergency request from the Department of Justice to temporarily halt the June ruling by a Boston federal judge. Trump's March executive order requires compiling lists of ineligible voters, prioritizes prosecuting officials who send ballots to unqualifi
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23:44

South Korea's Major Financial Groups' Credit to Top Conglomerates Surges 12.9% YoY as of June

According to Yonhapinfomax, as of end-June 2026, South Korea's four major financial holding companies' credit extensions to six major conglomerate groups—Samsung, Hyundai Motor, SK, Hanwha, Lotte, and LG—rose to approximately 109.7 trillion Korean won, a 12.9% increase from 97.1 trillion won a year prior. The increase was primarily driven by Hanwha Group (up 32.7%), Hyundai Motor Group (up 15.9%), and SK Group (up 11.1%), whose combined credit expansion accounted for approximately 40% of the tot
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