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
16:22

US CPI Rises 3.4% Year-on-Year, Markets Consolidate as September Rate Hike Odds Fall Below 50%

During the week of August 10–14, U.S. equity markets consolidated following the release of July CPI data. The headline CPI increased 0.1% month-on-month and 3.4% year-on-year, both in line with forecasts, while core CPI eased to 2.5% annually—the slowest pace since March 2021. September interest rate hike odds declined below 50%, providing relief for cyclical assets. The S&P 500 reached another all-time high on Thursday, August 13, with improved market breadth across all sectors. Asian indices s
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16:19

Yuansheng Technology Sets IPO Offering Price at 150.80 Yuan per Share

According to Shanghai Stock Exchange disclosure on August 18, Yuansheng Technology announced an IPO offering price of 150.80 yuan per share with a total post-listing share capital of 404 million shares. The company's offering price corresponds to a 2025 diluted static price-to-sales ratio of 35.89 times, exceeding the average level of comparable companies.
16:19

Stripe Expands Multi-Currency Settlement to 37 Markets by Year-End, Supporting Up to 18 Currencies

Stripe announced the expansion of multi-currency settlement to 37 markets by the end of 2026, while introducing instant currency conversion functionality. Businesses operating in these markets can select from up to 18 currencies for payout settlements. The instant conversion feature enables fund transfers between 15 currencies with transparent pricing at market-leading rates. Stripe plans to add more currencies throughout 2026.
16:19

Explosion at School Gate in Kabul Injures Dozens on August 17

According to Khalid Zadran, spokesman for Kabul Police, an explosion occurred at the gate of a private school in Kabul on August 17 at around 5 p.m., injuring multiple students. Local media reported that students were leaving school at the time of the blast, with most being female. Eyewitnesses said approximately 30 injured persons were transported to local hospitals. Zadran stated that relevant task forces have arrived at the scene and launched an investigation.
16:17

German 10-Year Bond Yield Rises to 3.223%, Approaching 2011 Highs on August 17

On Monday, August 17, during European market close, German 10-year bond yield gained 1.9 basis points to 3.223%, trading within a 3.193%-3.223% range for the day. The yield continues its upward momentum following Friday's 7.3 basis point jump, approaching the 3.505% peak from Q2 2011. Germany's 30-year bond yield also rose 1.9 basis points to 3.747%, nearing multiple historical levels from 2011 and 2008.
16:16

Lumma Stealer Discovered in Pirated Odyssey Downloads on August 18, Targets Crypto Wallets

According to Decrypt and Bitdefender, pirated copies of Hollywood film The Odyssey discovered on August 18 have been injected with Lumma Stealer malware, which targets cryptocurrency wallets, passwords, and browser data. The malicious files began spreading within days of the film's release, disguised as high-definition WEBRip or Blu-ray versions using legitimate-looking torrent names. The files are actually Windows executable programs that, when executed, infect the device by spoofing video file
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16:12

OpenAI President Responds to Executive Departures on August 18, Says Departures Not Unusual

According to CNBC, OpenAI President Greg Brockman said on August 18 that recent executive departures are not unusual, with increased scrutiny due to the company's high profile. Brockman noted that every personnel change at OpenAI receives heightened attention compared to other companies, and that he and CEO Sam Altman serve as stabilizing factors. Recent departures include Chief Revenue Officer Denise Dresser after eight months, long-serving Chief Operating Officer Brad Lightcap after eight year
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16:11

Lebanese President Aoun Welcomes Extension of UNIFIL Mandate on August 17

According to Jin10 Data, on August 17, Lebanese President Michel Aoun welcomed parliament's initiative to extend the UN Interim Force in Lebanon (UNIFIL) mandate in southern Lebanon. Aoun stated that UNIFIL's presence is crucial for assisting local residents and coordinating with Lebanese armed forces to maintain regional stability. "Our first preference is to extend UNIFIL's mandate; if that is not possible, the second option is to establish a framework ensuring international forces work alongs
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16:09

IRGC Spokesman Denies Ongoing Negotiations With U.S. on August 17

According to Press TV, IRGC spokesman Brigadier General Hossein Mohebbian stated on August 17 that no negotiations are currently underway between IRGC officials and the United States. He dismissed President Donald Trump's claims of secret channels with Iran's military as "delusions born of defeat and despair." Trump had previously told Fox News that back-channel communications with Iranian forces exist. According to Axios, citing multiple sources, the Trump administration contacted IRGC leadersh
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16:07

South Korea Introduces 8 Private Equity Fund Regulation Bills Since July 2025

According to South Korea's National Assembly Bill Information System, eight private equity fund (PEF) regulation bills have been introduced over the past year following the Home Plus crisis triggered by MBK Partners. The proposed amendments to the Capital Markets Act include mandatory reporting of executive compensation, requirements to notify labor representatives before acquisitions, enhanced compliance officer oversight, and a reduction in debt-to-asset ratios for leveraged buyouts from 400%
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16:05

CrowdStrike, Palo Alto Up 84%, 106% in 2026; Cramer Says Further Gains Likely as AI Threats Rise

According to CNBC's Jim Cramer on Monday, cybersecurity stocks CrowdStrike and Palo Alto have climbed 84% and 106%, respectively, so far this year, and significant additional gains are likely ahead. TD Cowen raised its price targets on both stocks, with CrowdStrike moving to $235 from $175 and Palo Alto to $400 from $360, citing strong demand driven by AI-related threats. Cramer, whose charitable trust owns shares of both companies, argued that growing cyberattacks and cloud migration create a l
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16:04

UK 50-Year Gilt Yield Hits Historic High of 5.383% on August 17

During European market close on Monday, August 17, UK 50-year gilt yield rose 2.2 basis points to 5.383%, marking a historic high. The 10-year gilt yield climbed 2.6 basis points to 5.063%, extending Friday's 8.4 basis point gain, while the 30-year yield advanced 3.0 basis points to 5.817%.
16:02

Crypto Markets See $198M in Liquidations in 24 Hours, Short Positions Hit Hardest

According to CoinGlass data, cryptocurrency derivatives markets recorded approximately $198 million in liquidations over the past 24 hours on August 17, affecting 62,055 traders. Short positions accounted for roughly $135 million of the total liquidations, while long positions contributed $63.67 million, with shorts representing over 60% of the total liquidated positions. The largest single liquidation occurred on Binance's BTC/USDT trading pair, amounting to approximately $2.99 million.
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16:01

U.S. Stock Market in 2026 May Set 30-Year Record With Zero Extreme Selloff Days

According to The Kobeissi Letter, the U.S. stock market in 2026 may become the first complete calendar year in at least 30 years without recording a day when NYSE downside-volume shares exceeded 80%, a threshold typically signaling widespread selling pressure. Historical data shows that during the 2008 financial crisis, such days occurred 49 times; in the 2022 bear market, 33 times; and in 2025, 9 times. Since 1997, this metric has averaged about 21 occurrences per year, with no prior complete y
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16:00

HSBC Report: Fed Treasury Reductions Will Shift Demand to Price-Sensitive Buyers

According to HSBC strategists Dhiraj Narula and Ryan Wang in a recent report, the U.S. Treasury market will become more reliant on price-sensitive buyers if the Federal Reserve reduces its Treasury holdings. The strategists noted that if the System Open Market Account holdings grow more slowly than the overall U.S. Treasury supply, price-sensitive investors will need to absorb a larger share of government financing demand.
15:58

US 10-Year Treasury Yield Hits 4.711% Amid Middle East Tensions on August 17

According to Yonhapinfomax, US Treasury yields rose on August 17 amid escalating Middle East tensions. The 10-year yield reached 4.711%, up 1.50 basis points, while the 30-year yield climbed to 5.284%, up 1.90 basis points. The 2-year yield, sensitive to monetary policy shifts, rose 0.60 basis points to 4.177%. The rally was driven by geopolitical concerns. President Donald Trump said in a Fox News interview that the US would "bomb [Oman] to smithereens" if it blocks access to the Strait of Horm
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15:57

France's 10-Year and 30-Year Bond Yields Hit Highest Levels Since 2008 on Monday

On Monday (August 17) during European market close, France's 10-year government bond yield rose 2.2 basis points to 4.068%, approaching the Q4 2008 peak of 4.399%. The 30-year yield climbed 2.4 basis points to 4.870%, nearing the Q3 2008 high of 5.025%. Yields also rose across Southern Europe: Italy's 10-year yield increased 3.3 basis points to 4.017%, Spain's 1.7 basis points to 3.662%, and Greece's 2.3 basis points to 3.901%.
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15:57

Stripe Completes $7 Billion Acquisition of AI Routing Platform OpenRouter

According to Bloomberg, Stripe finalized an agreement to acquire OpenRouter for more than $7 billion. OpenRouter, which routes traffic from approximately 8 million developers to over 400 AI models, takes about 5% of inference spending passing through its platform. The deal folds AI metering and billing into Stripe's payments infrastructure, as the company already processed OpenRouter's invoicing and tax.