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
07:25

KOSPI Stuck Around 6,000 for a Month Amid Foreign Selling

According to Korea Exchange, the KOSPI index remained stuck around the 6,000 level on August 19, a month after oscillating between 5,000 and 7,000 points. The index retreated from 7,000 due to rising global long-term interest rates and persistent foreign investor selling pressure.
07:24

South Korea's National Pension Chief Vows Investment Discipline as 1% Public Housing Fund Plan Debated

According to Yonhapinfomacs, on August 19, South Korea's National Pension Service chief Kim Sung-ju emphasized that all investment decisions would adhere to core principles amid debate over allocating 1% of the fund to public rental housing. At a National Assembly hearing, Kim stated the pension system would not serve as a policy instrument and must prioritize long-term stable returns for pensioners. Lawmakers pointed out that the proposed 1% allocation, valued at 18 trillion won, conflicts with
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07:21

Florida Sues OpenAI and Sam Altman Over ChatGPT, Claims Public Nuisance

According to BlockBeats, on August 19, Florida filed a lawsuit against OpenAI and CEO Sam Altman, alleging that generative AI and large language models constitute a public nuisance under law. The state claims that AI chatbots pose risks to public mental health, provide unverified advice, and create public safety hazards. Florida alleges that OpenAI's rapid growth was built on misleading conduct and exploitation of users, causing widespread harm to state residents and disrupting social order. The
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07:21

ADNOC Cuts Asian Crude Supplies in August-September, Murban Premium Hits $7 Per Barrel

According to Jin10, the Abu Dhabi National Oil Company (ADNOC) plans to reduce crude oil supplies to Asian customers in August and September, pushing its flagship Murban crude premium to nearly $7 per barrel this week compared to Brent futures. Spot market supplies are set to decline by approximately 5% due to planned maintenance on ADNOC's onshore oil fields. The reduction applies to over-the-counter transactions; physical crude purchased through the Abu Dhabi Intercontinental Exchange remains
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07:18

Whale Raises Rootstock Buy Order from $90 to $110 Amid $116 Current Price

According to ChainCatcher, citing on-chain analyst Yuqian's monitoring, a whale raised its buy order for Rootstock from $90 to $110 today after its initial bid went unfilled when the price opened higher. The whale still plans to purchase $5 million worth of the token, while Rootstock is currently trading at $116.
07:16

USD/JPY Falls to 159.302 Yen on August 19 as US Yields Decline

According to YonhapInfomax, USD/JPY fell to 159.302 yen on August 19 in Tokyo forex trading, down 0.11%, as US long-term Treasury yields declined. The US 10-year yield dropped to 4.6940%, while the 30-year yield fell to 5.2740%, amid a shift toward risk-off sentiment and yen buying pressure. The decline was driven by falling US employment and inflation expectations, which reduced rate-hike bets. Additionally, Japan's Nikkei 225 index plunged over 2,100 points, reinforcing safe-haven demand for t
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07:16

POSCO Group Signs Battery Materials Deal with Longbai Group on August 19

According to Yonhap Infomax, POSCO Group and Longbai Group signed a strategic cooperation agreement on August 19 to collaborate on battery-grade lithium supply and secondary battery materials. The partnership covers ore lithium from Australia, brine lithium from Argentina, and lithium recycled from used batteries. Both companies plan to complete quality certification for battery-grade lithium hydroxide by Q4 2026, establishing POSCO's lithium value chain from raw materials to finished products w
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07:14

South Korea Denies National Pension Rebalancing Delay Tied to Elections on August 19

According to Yonhapnewsis, on August 19, South Korea's health minister Jeong Eun-kyung and National Pension Service chief Kim Sung-joo denied allegations that the decision to delay domestic stock rebalancing was motivated by upcoming local elections. Both officials emphasized that the postponement was a decision made by the fund's investment committee, not a political move.
07:11

Bitget CFD Launches Subaccounts Feature With Up to 5 Independent Accounts, 100% Position Isolation

According to ChainCatcher, Bitget CFD launched its subaccounts feature today, enabling institutional clients, professional trading teams, and high-net-worth users to deploy multiple strategies across up to 5 independent CFD accounts with 100% position isolation. Subaccounts share the main account's KYC status, eliminating the need for re-authentication. The main account can monitor real-time net value, margin ratios, pending orders, and order history across all subaccounts, while retaining contr
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07:09

Shanghai Futures Exchange Releases Commodity Warehouse Inventory Data on August 19

According to Jin10 Futures, on August 19, the Shanghai Futures Exchange released daily commodity warehouse inventory data. Key non-ferrous metals showed mixed movements: copper warehouse receipts decreased by 1,423 tons to 56,698 tons; aluminum declined 2,393 tons to 290,536 tons; zinc increased 254 tons to 115,061 tons. Among precious metals, gold receipts fell 12 kilograms to 113,664 kilograms, while silver inventory rose 10,301 kilograms to 1,369,044 kilograms. Other metals including lead, ni
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07:09

Trump Ordered U.S. to Cut Joint Korean Military Drills Without Prior Notice to Seoul, South Korea Says on August 19

According to South Korean Foreign Minister Cho Hyun, Trump instructed the U.S. Department of Defense on August 16 to reduce joint Korea-U.S. military exercises without informing Seoul in advance. Speaking at a parliamentary hearing on August 19, Cho stated that neither the South Korean government nor U.S. officials were forewarned of the directive. Following Trump's announcement, the two allies' militaries agreed to end the Ulchi Freedom Shield (UFS) exercise early. Cho said South Korea is coord
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07:08

Shanghai Futures Exchange Pulp Futures Warehouse Inventory Drops 515 Tons on August 19

According to the Shanghai Futures Exchange and Jin10 Futures, as of August 19, pulp futures warehouse inventory declined to 373,905 tons, down 515 tons from the previous trading day. Petroleum asphalt futures warehouse inventory fell slightly to 14,230 tons, with a 10-ton decrease. Other key contracts including bleached paperboard futures warehouse inventory (2,758 tons), fuel oil futures (20,420 tons), medium-sulfur crude oil futures (2,961,000 barrels), and low-sulfur fuel oil futures warehous
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