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.
2026-08-20
06:40

Six Pakistani Sailors Return Home After Houthi Attack on Ship; Two Crew Members Killed

According to Pakistan's Foreign Ministry, six Pakistani sailors injured in a recent Houthi attack on a Tanzanian-flagged vessel have safely returned to Pakistan on August 20. The remains of two Pakistani crew members killed in the attack have also been repatriated. Pakistan condemned the incident in the strongest terms and reaffirmed that maritime security for seafarers must be ensured at all times.
06:39

Iran's Revolutionary Guards Vows to Deploy More Destructive Weapons if New Conflict Erupts, Aug 20

According to Iran's Revolutionary Guards spokesman Hossein Mohebbi on August 20, the Houthis' military capabilities are escalating, and Iran will deploy more destructive weapons if a new conflict erupts. Speaking to Iran's state news agency IRNA, Mohebbi stated that Iran is continuously producing more precise, destructive, and advanced weapons, with differences in warhead types, strike accuracy, missile range, and other capabilities.
06:37

Tesla 2X Leverage ETF Trading Plunges 68% Since South Korea's July 31 Restrictions

According to EDaily reporting via Korea Securities Depository, single-stock leveraged ETF restrictions that took effect on July 31 have severely impacted U.S.-listed leveraged products, with trading volumes collapsing within 20 days. Tesla's daily 2X bull shares (TSLL) saw settlement volumes drop to $87 million from $275 million prior to restrictions, a 68.3% decline. Similar products tracking SanDisk and Micron fell 68.8% and 62.8% respectively. The new $30 million minimum cash deposit requirem
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06:37

SoftBank, Ericsson Validate AI-Native Scheduler on Commercial 5G Network, Boost Spectral Efficiency Up to 25% on August 20

According to SoftBank Corp., on August 20, SoftBank and Ericsson Japan K.K. validated Ericsson's AI-native Scheduler for Link Adaptation on SoftBank's commercial 5G network in Japan—described as Japan's first validation of this AI-native technology on a live 5G network. The AI scheduler adjusts downlink transmission settings in real time within the radio access network (RAN). The trial achieved spectral efficiency improvements of up to 25% and downlink user throughput gains of up to 50%, with av
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06:36

Gangnam District Apartment Prices Turn Negative in August, Down 0.03% Amid Tax Reform Impact

According to KB Real Estate, during the third week of August (as of August 17), apartment prices in Seoul's Gangnam District turned negative, down 0.03%, reversing the previous week's flat performance. The decline follows a recent tax reform announcement, which prompted increased selling inquiries from multi-property owners and non-resident single-home owners, while buyer demand remains cautious. Gangnam District's jeonse (long-term lease) prices also declined 0.06%, with weakness concentrated i
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06:34

CFETS-NEX Yuan Liquidity Sentiment Index Holds at 50 on August 20

According to Jin10 Futures, the CFETS-NEX yuan liquidity sentiment index stood at 50 as of 2:30 PM on August 20, unchanged from the reading at 10:15 AM. The index ranges from 0 to 100, with 50 representing balance and readings above 50 indicating tighter liquidity conditions. By sector, the large banks index reported 49, mid-size banks 51, and non-bank institutions 49, all remaining flat from the earlier session.
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06:33

Trader Maji Reduces HYPE Long Positions Amid $162K Unrealized Gains

According to BlockBeats, citing TradingBeats monitoring data, trader Maji has begun reducing HYPE long positions over the past hour on August 20. The 10x HYPE long position had accumulated $162,000 in unrealized gains as of report time amid overnight market gains.
06:32

Norway and U.S. Discuss 12.5% Tariffs on Norwegian Exports, Brace for Potential Higher Rates

According to Jin10, Norway's State Secretary Andreas Kravik met on Wednesday with U.S. Deputy Trade Representative Jeff Goettman to discuss American tariffs of 12.5% imposed last month on Norwegian exports, exceeding the rate applied to EU goods. The two sides also discussed the possibility of further tariff increases. "We are very likely to face higher tariffs. We need to be clear-eyed about this," Goettman said following the talks.
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06:31

Korean Investment Trust's High Dividend ETF Hits 1.026 Trillion Won in Individual Net Purchases

According to Korean Investment Trust Management, the ACE High Dividend Stock Plus Covered Call Active ETF saw cumulative individual net purchases surpass 1.026 trillion won on August 20, approximately 2.5 months after its June 2 listing. The monthly distribution product combines domestic high-dividend stocks with Samsung Electronics and SK Hynix, addressing traditional dividend ETFs' concentration risk in sectors like financials and telecommunications. SK Hynix, which recently decided to acquire
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06:31

Ionic Digital Reports 31% Q2 Revenue Growth, AI Rentals Now 90% of Business

According to The Energy Mag, Bitcoin miner-turned-AI infrastructure provider Ionic Digital reported Q2 revenue of $48.6 million, up 31% year-over-year, with AI infrastructure rentals contributing $43.8 million (90% of total). Bitcoin mining revenue declined to $4.8 million from $37.2 million in the prior-year period. Adjusted EBITDA rose to $37.6 million from $3.8 million. The company holds $415.7 million in cash and 2,882 BTC (valued at $168.7 million), with no outstanding debt. Ionic completed
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BTC4.38%
06:31

Ethereum Spot ETFs Hit $189.1M in Net Inflows Overnight, Highest in 9 Months

According to Trader T, Ethereum spot ETFs saw net inflows of $189.1 million on August 19, marking the highest single-day total in nine months. BlackRock's ETHA led inflows with $122.1 million, followed by Fidelity's FETH at $36.54 million and Grayscale Mini's ETH at $16.04 million. BlackRock Staked, Morgan Stanley, Grayscale, and Franklin's products contributed smaller amounts. Bitwise, 21Shares, Invesco, and VanEck products recorded zero net inflows.
ETH7.00%
06:29

Korea Exchange Issues Warning to TimePortfolio Over ETF Delisting Explanation on Aug 20

According to Korea Exchange, on Aug 20, the exchange issued a warning to TimePortfolio Asset Management regarding its explanation of an exchange-traded fund delisting due to insufficient correlation coefficient. The exchange required the company to correct its statement, noting that outperformance relative to a benchmark index is separate from compliance with listing maintenance requirements. The delisting came after the company's ETF fell short of regulatory standards.