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.
2026-08-19
23:53

Japan's July Exports Rise 22% to US, 24.5% to Asia

According to Japan's Ministry of Finance, the country's exports rose 22% year-over-year to the United States in July, while exports to the European Union increased 19.1% and shipments to Asia grew 24.5%.
23:51

Fractile Seeks $600M at $6.5B Valuation, Backed by Lightspeed and Redpoint

According to Bloomberg on August 20, AI chip startup Fractile is seeking approximately $600 million at a $6.5 billion pre-money valuation, with Lightspeed Venture Partners and Redpoint Ventures leading the round, joined by Thrive Capital and Founders Fund. Sources indicated negotiations remain ongoing and details may change. The company has signed a preliminary agreement with Anthropic to supply approximately $250 million in chips, with delivery expected in 2027. Fractile, founded in 2022 by Oxf
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23:51

South Korea's Deputy PM to Announce 9th Oil Price Cap on August 21, Effective August 22

According to Yonhapnews, on August 20, South Korea's Deputy Prime Minister and Finance Minister Koo Yoon-chul announced that the 9th oil price cap will take effect from midnight on August 22, with the specific rate to be announced on August 21 at 7 p.m. The decision will factor in recent rises in international crude prices and household economic burden. The government is also extending urea export restrictions by two months through October and implementing measures to stabilize prices on essenti
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23:50

Three Fed Presidents Vote for 25bp Rate Hike Amid Persistent Inflation Concerns

According to Federal Reserve meeting minutes released on August 20 following the July 28-29 policy meeting, multiple officials favored rate hikes, with Dallas Federal Reserve President Lorie Logan, Cleveland Federal Reserve President Beth Hammack, and Minneapolis Federal Reserve President Neel Kashkari voting against the consensus decision, advocating for a 25 basis point rate increase. Kansas City Federal Reserve President Thomas Schmid and St. Louis Federal Reserve President James Bullard, who
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23:50

Trump Says U.S. Government Discussed Accumulating Bitcoin; Ends 'War' on Crypto on Aug 20

According to BlockBeats, on August 20, President Trump met with executives from Coinbase, Ripple, Robinhood, Gemini, and Chainlink at the White House and declared his administration has "completely ended the war on crypto." Trump stated that the U.S. government has discussed accumulating a "substantial quantity" of Bitcoin and other cryptocurrencies to ease pressure on the dollar. He urged Congress to quickly pass a "fair version" of the Clarity Act (Digital Asset Market Clarity Act), saying it
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BTC6.54%
LINK7.55%
HYPE4.65%