Gate Crypto Flash News and Market Updates

According to Meta, the company launched AI tools for small businesses on August 20 across meta.ai, its mobile app, and desktop application. The features enable businesses to connect their Facebook and Instagram accounts, Meta ad campaigns, and Google Workspace apps to analyze performance and automate routine work. The tools can analyze organic content performance using metrics such as reach, saves, shares, comments, and profile visits, compare engagement patterns with similar brands, and generat

TSMC has completed development and validation of its A16 process (1.6nm-class) and plans mass production in Q4 2026, according to company announcements. The A16 incorporates Super Power Rail (SPR) backside power delivery technology, separating power and signal lines on the wafer's rear surface to reduce routing congestion and boost efficiency and performance. Compared to the enhanced N2P 2nm process, A16 delivers 8-10% better performance at equivalent power consumption, 15-20% lower power consum

According to the Financial Times and press reports, U.S. President Trump announced on August 19 that he plans to meet with North Korean leader Kim Jong-un later this year. According to the Wall Street Journal, Trump is considering using the Asia-Pacific Economic Cooperation (APEC) summit scheduled for November in Shenzhen as the venue for this meeting. China's Foreign Ministry spokesperson Lin Jian stated on August 20 that Beijing does not have specific information about the potential U.S.-North

WTI crude oil reached $85 per barrel, gaining 0.90% during the session on August 20.

According to BlockBeats citing Coinglass data, over $3.024 billion in positions were liquidated across crypto markets in the past 24 hours on August 20, with short liquidations accounting for $2.77 billion and long liquidations for $252 million. Global crypto exchanges recorded 171,045 liquidated traders during the period. The largest single liquidation occurred on Hyperliquid's BTC-USD contract, worth $48.8 million.

On August 20, South Korea's KOSPI index rose 381.41 points, or 5.89%, to close at 6,852.58 after three consecutive days of losses. The rally was fueled by expanded shareholder return initiatives from semiconductor giants SK Hynix and Samsung Electronics. The buying circuit breaker was triggered during trading, marking the 49th time this year the halts have been activated.

According to Jin10, the Nikkei 225 index surged on Thursday (Aug 20) as U.S. measures to stabilize bond markets lifted investor sentiment. Of 225 components, 182 advanced, 42 declined, and 1 was flat. Sumitomo Metal Mining led gains with a 10.76% jump, followed by Sumitomo Pharma at 8.48%. Kansai Electric Power rose 8.37%, marking its largest single-day gain since August 2024. Nomura Securities strategist Wataru Akiyama noted that declining yields were the key driver of gains.

According to China's Commerce Ministry spokesperson He Yadong on August 20, Beijing opposes the European Union's misuse of the Foreign Subsidies Regulation (FSR) and other unilateral tools to suppress Chinese enterprises. The ministry urged the EU to correct its approach in FSR investigations and strengthen communication through government dialogue. China will closely monitor EU developments and take necessary measures to safeguard national security and enterprises' legitimate rights, the spokes

According to China's Commerce Ministry spokesman He Yadong on August 20, China rejected a U.S. report titled "The Massive Transshipment Fraud" as a false narrative that falsely frames normal international trade and investment as fraudulent schemes. He stated that the U.S. high differential tariffs, not transshipment practices, are the root cause threatening global supply chain security. China demanded the U.S. cease "irresponsible accusations" and stop disrupting bilateral economic ties. He Yado

According to Beating, Google is offering college students free 1-year subscriptions to its paid AI services through December 31, 2026. U.S. students receive Google AI Pro, typically priced at $19.99 monthly, which includes Gemini's 4x usage allowance, 5TB storage, and Gemini Spark. Students in 140+ other countries receive Google AI Plus, offering 2x Gemini allowance and 400GB storage. Claimants must verify their student status and link a payment method; free access ends after one year and automa

According to Shanghai Futures Exchange data released on August 20, most base metals warehouse receipts declined on a day-on-day basis. Copper futures receipts fell by 3,619 tons to 53,079 tons, while aluminum receipts decreased by 5,305 tons to 285,231 tons. Zinc receipts dropped 1 ton to 115,060 tons, and lead fell by 1,572 tons to 63,918 tons. Among precious metals, silver receipts increased by 4,973 thousand kg to 1,374,017 thousand kg, while gold receipts remained flat at 113,664 thousand kg

According to Spokesman He Yaodong, on August 20, China's Commerce Ministry responded to the U.S. decision to impose 232 tariffs on drones and components, saying the tariffs represent unilateralism and protectionism under the guise of national security. China noted that its drone exports to the U.S. are primarily used in civilian applications including agriculture, equipment inspection, and film production. The ministry stated that the U.S. measures overgeneralize the national security concept, a

According to Jin10 Futures, on August 20, pulp futures warehouse inventory on Shanghai Futures Exchange increased by 81 tons to 373,986 tons compared to the previous trading day. Factory warehouse inventory remained at 20,000 tons. Inventory levels for other energy and chemical futures including gazetted paper, fuel oil, petroleum asphalt, medium sour crude oil, and low-sulfur fuel oil remained unchanged.

According to Zaporizhzhia Nuclear Power Plant's official statement, the facility lost external power supply on August 20 after a 330 kV transmission line serving auxiliary equipment was damaged and automatically disconnected. The plant's reactor units switched to backup diesel generators as per standard protocol. Equipment operation remains normal with no malfunctions reported in safety systems. The nuclear plant's personnel are closely monitoring operational parameters and have implemented all

According to Caifuanshuo, on August 20, China's three major indices closed mixed after intraday volatility, with the ChiNext Index rising 0.64%, Shenzhen Component Index up 0.59%, and Shanghai Composite Index gaining 0.24%. Nearly 4,100 stocks advanced across the market. Total trading volume reached 2.08 trillion yuan, down 431.7 billion yuan from the previous session. Biotech and pharmaceutical stocks led gains, with shares in vaccines, cellular immunotherapy, and gene editing surging. Equipmen

According to BlockBeats citing TradingBeats data, on August 20, address 0x6666...23f5 held 450,000 HYPE long contracts worth approximately $32.49 million on Hyperliquid with unrealized gains of $14.58 million. The position was established at an average entry price of $39.81 using 10x leverage, with the trader opening the position on March 18, 2026 and completing the final addition on April 7 before remaining inactive. The address ranks as the third-largest HYPE long position on Hyperliquid.

According to Jin10 Data, Eurozone government bond yields fell on August 20 following the U.S. Treasury's decision to expand its long-term government debt repurchase program. German government bonds showed signs of stabilization, with strategist Erik Liem at Commerzbank noting that the German debt securities continued to benefit from positive bond repurchase signals released by the U.S. Treasury.

According to PANews, embodied AI company SinoSynth Fifth Era has completed consecutive A1 and A2 funding rounds in August, raising over 1 billion yuan in total. The A1 round was led by investors including Xigao Capital and Bank of China's subsidiary CITIC AIC Fund, while the A2 round included participation from multiple venture firms and strategic investors.

According to Shanghai Securities News, embodied AI startup Zhongke Wuji completed Series A1 and A2 funding rounds recently, with total funding exceeding 1 billion yuan. The A1 round was led by investors including Xigao Investment and the Bank of China's AIC fund. The A2 round included participation from Xineng Ventures, Bank of China AIC fund, Zhongshan Innovation Fund, Hongrui Investment, and several other institutional investors.

At noon trading on August 20, China's futures market closed with more gainers than losers among main contracts. Shanghai silver and platinum surged over 4%, asphalt climbed nearly 3%, while Shanghai gold, natural rubber, palladium, polysilicon and rapeseed oil gained over 2%. Palm oil rose nearly 2%. On the downside, low-sulfur fuel oil (LU), plastic monthly average, iron ore and PTA all fell over 1%.