Gate Crypto Flash News and Market Updates

According to Zhitong Finance, Hongye Geotechnology's Hong Kong IPO prospectus expired on August 15, 2026, six months after the filing on February 15, 2026, with Guangyinbank International serving as the sole sponsor. The company provides geotechnical engineering services in South China with over 23 years of industry experience, ranking as the largest non-state-owned geotechnical engineering enterprise in the region by 2024 revenue and holding 1.9% market share among major project participants.

According to Zhitong Finance, Shandong Xinde Technology's Hong Kong IPO prospectus, filed on Feb 16, 2026, expired on Aug 16, 2026, after the mandatory six-month validity period. Industrial Bank International and Zhongtai International served as joint sponsors. Founded in 1999, Xinde is a leading animal health company in China, specializing in veterinary biologics, traditional Chinese veterinary medicine, chemical pharmaceuticals, and feed additives for poultry, livestock, aquatic animals, and p

According to GMGN data, the market cap of meme coin 'Niulai' on BSC briefly surged to $43 million today, marking a new all-time high. The token was trading at $40.89 million at the time of reporting.

According to Sina Finance, four A-share stocks with 'Niu' (bull) in their names surged on August 17 following the viral popularity of animated film 'Bull Coming.' Luoniu Mountain hit the daily limit up at 9.98% gain, while Jintniu Chemical rose 6.56%, and Copper Bull Information increased 3.99%. The film, which went viral on social media due to its rough production quality, sparked a network meme where retail investors joked 'Bull Coming equals bulls are coming,' driving related stocks' trading

According to a Lyonnaise report on August 17, Lyonnaise raised China Micro Semiconductor Manufacturing Corporation Limited's (SMIC, 00981.HK) H-stock price target to HK$97.5 from HK$94.1, while maintaining a "outperform" rating. The brokerage upgraded its earnings forecasts for SMIC for 2026-2028 by 69%, 44%, and 38% respectively, citing better-than-expected Q2 revenue and gross margin, as well as Q3 guidance surpassing market expectations. Lyonnaise attributed the performance to capacity ramp-u

From May 27 to July 31, 16 single-stock leverage ETFs tracking Samsung Electronics and SK Hynix generated a combined 1,173 billion won in fees for securities firms and the Korea Exchange, according to data submitted to opposition lawmaker Park Sung-hoon by financial regulators. Securities companies earned 894 billion won in commission revenue, while the exchange collected 279 billion won in trading and settlement fees. The period coincided with substantial losses for retail investors; Citibank e

According to Lookonchain monitoring data, on August 17, a trader netted $282,000 in profit within hours by tracking CZ's public wallet and sniping MARSCOIN trades. The trader invested 16 BNB (approximately $9,645) to purchase 84.61 million MARSCOIN at the same moment CZ's wallet burned 4,444 MARSCOIN tokens. Using a "double-then-cash-out" strategy, the trader recovered the initial investment by selling 42.3 million tokens for 16.4 BNB, converting the remaining position into a zero-cost holding.

According to EpicAI data, South Korea's KOSPI index rallied over 20% as of August 14 in just 10 days, breaking into a technically bullish market territory. Foreign investors were the primary driver, making net purchases of 3.05 trillion Korean won on August 14, while retail investors and institutional funds sold net. Over the recent three trading days, foreign investors concentrated their buying on semiconductor heavyweights, purchasing approximately 3.61 trillion won in Samsung Electronics and

According to ChainCatcher citing BIT Official, Bitcoin's 7-day implied volatility fell below the 30% threshold to 25% today, marking historical lows similar to volatility levels seen in summer 2023. The decline reflects lower option prices in the current market environment.

According to Ai Yi monitoring data on August 17, the top-performing address (0x31f...ef337) on the Bull Come Profit Ranking generated a total single-coin profit exceeding $585,000, achieving a return rate of 7,882.9% on an initial investment of just $7,188.

According to BlockBeats, on August 17, Unitree Technology's IPO forward contract on Trade.xyz traded at $93.80 (approximately 632 CNY), up from its IPO launch price of 150.8 CNY per share, implying a potential 4.19x gain for successful lottery winners. With a minimum subscription lot of 500 shares requiring approximately 75,000 CNY in capital, the estimated profit per winning lot stands at around 241,000 CNY based on current forward pricing.

According to Jin10 Futures, on August 17, WTI crude oil rebounded above $83 per barrel amid renewed geopolitical tensions in the Middle East. The resurgence follows a slowdown in U.S.-Iran diplomatic negotiations, with Tehran raising demands for sanctions removal and reparations while Washington countered with its own claims, reducing expectations for swift Strait of Hormuz navigation recovery. OPEC crude output in July reached approximately 19.4 million barrels per day, compared to pre-conflict

According to BlockBeats, Basecat, a Meme token on the Base blockchain, surged 18x in 24 hours and reached an all-time high market cap of $20 million on August 17, according to GMGN data. The token's current market cap stands at $13.6 million with $27.7 million in 24-hour trading volume. The token is community-issued and not officially backed by Base.

According to Jin10 data, gold bar prices across major Chinese banks and brands rose on August 17 as of 10:30 a.m., with Chow Sang Sang seeing the largest gain at 9 yuan per gram compared to the previous day.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) traded at 153,950 yuan/ton today, up 1,000 yuan/ton from the previous day's 16:30 closing price.

Thailand's national authorities raised the country's 2026 GDP growth forecast to 2.0%-2.5%, up from the 1.5%-2.5% projection issued in May.

According to Thai government agencies, Thailand's second-quarter GDP contracted 0.2% on a seasonally adjusted quarterly basis, outperforming Reuters consensus expectations of a 0.6% decline.

According to Thailand's national authorities, the country's GDP rose 1.9% year-over-year in the second quarter, exceeding Reuters survey estimates of 1.7% growth.

According to Insideevs, American influencer Andy Slye's 2026 Tesla Model Y Premium Rear-Wheel Drive maintained 91% battery capacity after driving 40,000 kilometers over one year, as measured by third-party service Recurrent. Slye charged primarily at home using AC power and occasionally used Superchargers, with the vehicle spending its first year in Kentucky's moderate climate. Battery analysis firm Voltest's research shows that nickel-based long-range Tesla vehicles experience most capacity deg

According to Wells Fargo's latest report, JPMorgan Chase could become the world's first bank to reach a $1 trillion market valuation. Over the past three months, the bank's stock surged 21%, driven by record trading and M&A revenues, bringing its market cap to $965 billion as of Friday's close. Wells Fargo raised its price target for JPMorgan from $375 to $390 per share, implying over 7% upside from Friday's closing price.