Gate Crypto Flash News and Market Updates

According to the Korea Exchange, 21 exchange-traded funds (ETFs) were delisted in South Korea from January 2 through August 19, 2026, with June and July each accounting for five delistings. As of August 18, 167 ETFs held less than 10 billion Korean won (approximately $7.7 million) in net assets, representing 14.37% of all 1,162 listed Korean ETFs. Significantly, 43 ETFs face imminent delisting risk due to net assets below 5 billion Korean won. Delistings have accelerated sharply over the past fi

According to South Korea's Financial Supervisory Service (FSS), the agency extended the guideline on margin exchange requirements for non-cleared over-the-counter (OTC) derivatives transactions on August 20. The extended guideline will take effect from September 2026 and remain in place for one year. The margin exchange requirement mandates that counterparties in non-cleared OTC derivatives transactions exchange collateral in advance.

According to Yonhapinfomax, U.S. President Donald Trump criticized South Korean President Lee Jae-myung's refusal to support operations in the Strait of Hormuz during a White House meeting on August 19. Trump said he was "not happy" with South Korea's decision and noted that the country sources approximately 60% of its oil through the Strait of Hormuz. When Trump asked Lee whether South Korea would assist, Lee responded "No, thank you," Trump stated.

According to prediction market Myriad and liquidation data from CoinGlass, Bitcoin surged 8.7% to an intraday high of $69,749 on Wednesday (August 19), marking its steepest one-day move since March 4 and highest price since June 1. The rally wiped out $1.14 billion in short positions across crypto markets in a single hour, with Bitcoin shorts accounting for $677.64 million of that. Myriad's prediction market on Bitcoin's next move flipped dramatically within 24 hours, shifting from roughly 70% f

According to CoinGecko, Bitcoin is trading sideways in the $62,000–$65,000 range following a 50% decline from its October 2025 peak of $126,000. Analysts are revisiting the four-year halving cycle theory—which suggests prices rise around Bitcoin's periodic reward halving events—to determine if current levels represent a market bottom. The $63,000 level is viewed as a critical support line; a break below could signal further downside. Conversely, breaking above $68,700, the average entry price fo

According to Yonhap News, U.S. 10-year Treasury yields approached 4.75% on August 20, driving semiconductor stock volatility not due to weakening AI demand but rising global interest rates. AI-related bond issuance surged to $489 billion year-to-date, exceeding last year's annual issuance of $322 billion, increasing corporate funding costs. Mirae Asset Securities noted that the recent pullback reflects macro rate movements rather than deteriorating semiconductor fundamentals. South Korean semico

According to the Financial Investment Association, South Korea's investor deposits recovered to 104.7 trillion won on August 18, up 7% from 97.9 trillion won on August 11. Margin loan balances also increased to 31.1 trillion won this month, rising 2.17 trillion won (7.5%) since July. The rebound reflects retail investors returning to buy dips amid market corrections; Samsung Electronics fell 33.7% from its June high of 374,500 won to 248,250 won, while SK Hynix dropped nearly 50% from 2.987 mill

According to Yonhapinfomax, South Korea's Minister of Land Infrastructure and Transport Kim Yun-deok and Seoul Mayor Oh Se-hoon are scheduled to meet on the morning of August 20 to discuss housing supply plans for Yongsan Park, a 3 million square meter site in central Seoul. The government proposes developing the park as public housing for youth and newlyweds, with controlled pricing. The Seoul city government, however, advocates relaxing redevelopment restrictions to expand private-led housing

According to Shinyang Securities, HD Hyundai Heavy Industries received a target price increase to 1 million won on August 20, representing a 33.3% upward revision, with an maintained 'buy' rating. The upgrade reflects recent orders for onshore data center power generation engines, bringing total confirmed land-based engine orders to approximately 1.6 trillion won as AI data center demand drives energy requirements. The shipbuilder reported second-quarter results of 6.33 trillion won in revenue (

According to Korea Exchange data as of August 19, South Korea's high-dividend exchange-traded funds (ETFs) recovered their combined net assets to 8.08 trillion won this month, rebounding from 7.78 trillion won at the end of July. The asset class had peaked at 9.30 trillion won in late April before declining through mid-summer. The recovery reflects a shift in investor sentiment as rising global long-term bond yields and increased stock market volatility prompt investors to favor stable dividend

According to CNBC, OpenAI Chief Financial Officer Sarah Friar told employees on Wednesday (August 19) that the company will become a publicly listed company in 2027 or earlier if business growth accelerates further. OpenAI submitted confidential IPO filing documents to the U.S. Securities and Exchange Commission in June but has not disclosed a specific listing date. Friar emphasized that going public is a milestone, not an endpoint, and another funding opportunity. OpenAI's revenue run rate grew

The Financial Conduct Authority has settled its enforcement case against Demetrios Hadjigeorgiou, former chief executive of SVS Securities Plc, reducing his penalty from £84,600 to £56,400 and banning him from holding senior management or significant influence functions in UK financial services. Hadjigeorgiou challenged the original April 2024 decision and referred the case to the Upper Tribunal but later withdrew the referral. The FCA reclassified his conduct regarding a 10% markdown on custome

According to BlockBeats, on Wednesday (August 20), cryptocurrency-related stocks surged as Bitcoin approached $70,000, with Microstrategy (MSTR) rising 11.95% to $103.58, Coinbase (COIN) up 9.05% to $159.47, Circle (CRCL) gaining 9.44% to $78.50, and BitMine (BMNR) climbing 9.68% to $20.05. The rally was driven by Bitcoin's short-squeeze dynamics near the $70,000 level, which triggered nearly $2 billion in liquidations across crypto markets in the past 24 hours, according to the report.

According to BlockBeats, on August 20, President Trump criticized the Federal Reserve's interest rate policy on Wednesday, stating that even as economic data improves, the central bank should not block rate cuts. Trump called for significantly lower interest rates, noting the U.S. currently pays about 3.5% compared to Switzerland's roughly 0.5% benchmark rate. He argued that lower rates would support economic growth and reduce financing pressure on America's nearly 40 trillion dollars in debt.

According to CME FedWatch, the Federal Reserve has a 67.3% probability of keeping interest rates unchanged in September, with a 32.7% probability of a 25 basis point increase. For October, the Fed has a 58.3% probability of maintaining current rates, versus a 37.3% chance of a 25 basis point hike and a 4.3% probability of a 50 basis point increase.

According to Yonhap Infomax, on August 19 (U.S. Eastern time), WTI crude oil for September delivery rose $0.89, or 1.05%, to close at $85.83 per barrel on the New York Mercantile Exchange. Brent crude for October delivery gained $0.60, or 0.66%, to $91.62 per barrel. Middle East geopolitical tensions continue to support oil prices. The United States and Iran remain deadlocked over nuclear negotiations, while the UAE announced a halt to all financial and economic transactions with Iran in respons

According to BlockBeats, on August 20, Trump met with executives from Coinbase, Kraken, Ripple, and Chainlink at the White House to promote the CLARITY Act, which he said would establish a clearer regulatory framework for digital assets and maintain U.S. leadership in crypto innovation. Financial disclosures revealed Trump earned over $1.4 billion from crypto-related businesses in 2025, including personal token projects, his family's World Liberty Financial, and stablecoin transactions—exceeding

Webull (BULL) share price surged 11% after-hours on Wednesday after the stockbroking firm reported strong Q2 earnings, according to Stocktwits. Q2 revenue reached $198.8 million, exceeding estimates of $165.71 million, while the company reported earnings of $0.04 per share compared to a loss of $1.20 per share in the same quarter last year. Trading-related revenue increased 66% year-on-year to $147.7 million, driven by strong trading volumes during the quarter.

According to Barron's, Micron Technology's NAND flash memory market share rose to 15.1% in the second quarter, advancing the company to third globally behind Samsung Electronics and SK Hynix, surpassing Japan's Kioxia. The memory chipmaker's stock fell 0.4% to $937.11 on Wednesday, Aug 19, following a 7% decline the prior day amid concerns over rising bond yields pressuring AI hardware spending. Per TrendForce data, Micron's NAND revenue reached $11.85 billion in Q2, with a quarter-on-quarter gr

According to Michael Peterson, CEO of the Peter G. Peterson Foundation, U.S. national debt has become a focal point ahead of the 2026 mid-term elections. On August 20, Peterson stated that interest payments on the nation's debt now exceed defense spending, with each additional trillion dollars in debt driving up interest rates and inflation, increasing mortgage, auto loan, and credit card burdens for all Americans. The debt also risks slowing wage growth while damaging overall economic expansion