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.
2026-08-17
19:02

Bitcoin Stuck Between $63K and $68.7K as Capital Flows to Equities, Glassnode Warns

According to Glassnode, in a recent report, Bitcoin remains stuck between its realized on-chain cost of approximately $63,000 and the average cost level for short-term investors of $68,700, as capital rotates to US equities and AI-focused assets rather than benefiting Bitcoin. Glassnode notes that regaining the $68,700 level with strong volume and ETF inflows could signal market recovery, while a break below the June low of $58,500 would increase downside risk. The analysis indicates that althou
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BTC7.56%
19:02

Microsoft-Backed Data Center Bonds Draw $8B+ Demand, Yield Near 7%

According to informed sources, demand for Project Odyssey data center bonds—to be issued by QTS Realty Trust subsidiary QualityTech—exceeded $8 billion, potentially increasing the issuance size to approximately $9 billion. The bonds, set to enter the market as early as Tuesday (August 19), carry a coupon rate in the high 6% range and are priced at a discount to yield 7% low-to-mid range, despite expected investment-grade ratings. Citi, Goldman Sachs, JPMorgan, and Morgan Stanley are arranging th
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19:01

MicroStrategy CEO Saylor Prioritizes $4.8B Cash Reserves Over Stock Buybacks

Michael Saylor, executive chairman of MicroStrategy, stated the company is prioritizing the establishment of a $4.8 billion cash reserve to support its STRC preferred stock initiative, with stock buybacks no longer a near-term priority. The focus remains on building capital reserves to sustain the strategic program.
19:00

Binance Seeks UK FCA License, Services Expected to Resume in 2027

According to Cointelegraph, Binance plans to apply for a UK Financial Conduct Authority (FCA) license, with services aimed at UK residents expected to resume in 2027. The application will align with the UK's new digital asset regulations. The company halted new user registrations in 2023 following the FCA's financial promotion rules. Under the FCA's crypto regulatory framework announced in June, companies can submit applications from September 2026 through February 28, 2027, with the regulatory
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18:55

Paramount Seeks $1.88B Bond from State AGs Over WBD Merger Delay Costs

According to CNBC, Paramount filed a motion Monday requesting a $1.88 billion bond from the state attorneys general blocking its $110 billion merger with Warner Bros. Discovery to cover the costs of the deal's delay. Under the merger agreement, Paramount began paying WBD shareholders 25 cents per share per quarter starting September 30, a "ticking fee" mechanism that could amount to roughly $650 million per quarter. Paramount estimates total ticking fees will reach $1.3 billion by trial conclusi
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18:55

Disney Announces Yeti Repair at D23, Reports $10B Q3 Revenue With 10% YoY Growth

According to CNBC, Thomas Mazloum, chairman of Disney Experiences, announced at the company's D23 Expo in Anaheim on Saturday that Expedition Everest's Yeti animatronic will be repaired for the first time since becoming stationary in 2006. The announcement also included the return of fan-favorite characters Dreamfinder and Figment to EPCOT and an overhaul of Tomorrowland in California. Disney's Experiences division posted nearly $10 billion in Q3 revenue, up 10% year-over-year and marking a quar
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18:42

Zcash Jumps 4.3% to $518 on Monday, Market Cap Hits $8.65B After Protocol Upgrades

According to Bitcoin.com News, Zcash jumped to $518 on Monday, up 4.3% in 24 hours, lifting its market capitalization to $8.65 billion after ZODL founder Josh Swihart announced key protocol upgrades. The surge widened ZEC's gap over Monero to nearly $1 billion. Swihart detailed weekly technical progress including the release of Zodl 3.9.0 and 3.9.1, which deployed the Orchard-to-Ironwood migration and Slipstream sync engine to production, alongside critical fixes to the Zebra backend that resolv
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18:38

Big Tech Bond Issuance Competes With U.S. Treasury, Pushes 10-Year Yields Up 0.3%

According to Bloomberg on August 17, Big Tech companies' surge in bond issuance for AI infrastructure investment is competing with the U.S. government for investor funds, constraining long-term Treasury yield declines. Major tech firms borrowed approximately $200 billion this year, equivalent to 25% of the Treasury's net issuance of medium- and long-term bonds—five times the prior-year ratio. U.S. investment-grade corporate bond issuance reached $1.5 trillion, up 36% year-over-year. Alphabet's r
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18:35

30-Year Treasury Yields Hit 19-Year High at 5.311% on Monday Amid Iran-U.S. Peace Deal Expiration

According to Jin10, the 30-year U.S. Treasury yield rose above 4 basis points to 5.311% on Monday, marking its highest level since June 2007. The 10-year yield, a key benchmark for mortgages and consumer lending, climbed over 2 basis points to 4.724%. The move follows the expiration of a 60-day peace agreement period between the U.S. and Iran on Monday, with Iran ruling out an extension. Oil prices rose accordingly in response to the escalating geopolitical tensions.
18:33

BitMart Official Chinese X Account Demands Founder Disclose Assets, Sets Wednesday Deadline

According to BitMart's official Chinese-language X account, on Monday it demanded founder Sheldon Xia disclose the exchange's wallets, assets, liabilities and available reserves, with a Wednesday deadline. The account alleged that some customers remained unable to withdraw assets and that former employees had not received final salaries or compensation. It warned that evidence would be submitted to regulators, law enforcement and media if demands were not met. Xia responded Monday by calling the
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18:32

Solana's PUMP Leads Top 100 Gainers With 8.26% Surge as Golden Cross Signals Bullish Shift

Solana's PUMP token posted an 8.26% gain today, leading the top 100 coins by market cap, per CoinMarketCap. The token has surged roughly 90% this month from a July low of $0.001491, currently trading at $0.002933. Technical indicators are now confirming the rally: the 50-day exponential moving average has crossed above the 200-day EMA, forming a golden cross that signals a structural shift from bearish to bullish momentum. The Average Directional Index (ADX) reads 45.3, indicating a strengthenin
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PUMP7.70%
18:22

US Dollar Crashes Below 200-Day EMA to 99.50 on August 17 as Fed Rate-Hike Odds Fade, Hormuz Risk Escalates, and US-Japan Currency Intervention Takes Effect

According to FinanceFeeds data, the US Dollar Index (DXY) fell below its 200-day Exponential Moving Average near 99.50 on August 17, driven by three converging factors. First, softer domestic economic reports—including retail sales contraction and cooling Consumer Price Index and Producer Price Index inflation—have collapsed September interest rate-hike odds, dismantling the rate premium supporting the Greenback. Second, the expiration of a 60-day Strait of Hormuz diplomatic framework without re
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