Gate Crypto Flash News and Market Updates

According to BlockBeats, Anthropic Pre-IPO contract on Binance surged over 21% in four days, reaching $1,802 as of August 16, with 24-hour gains of 8.47% and daily trading volume of $19.57 million. Based on the current contract price and 1 billion reference shares, the implied valuation stands at approximately $1.8 trillion, leaving about 11% theoretical upside if valued at investors' expected $2 trillion IPO target.

According to Libya's National Electricity Company on August 16, an explosion occurred near the Zawiya power station on August 15, causing multiple power plants to shut down and triggering widespread blackouts across the capital Tripoli and western regions. The company stated that maintenance teams are working to resolve the issue and have begun gradually restoring electricity to affected areas, while technical teams are investigating the cause of the explosion.

According to Maeil Business, TimePortfolio Asset Management's TIME U.S. Dividend Dow Jones Active ETF will be delisted on August 19 for failing to meet the correlation coefficient requirement of 0.7 against its benchmark index. The delisting comes one month after four active ETFs from Korea Investment Trust Management faced the same fate in July. Despite delivering a one-year return of 36.06% compared to its benchmark's 26.64%, the fund cannot escape the regulation requiring active ETFs to maint

According to Livecoins, Brazilian authorities in Rondônia executed arrests and search warrants against a criminal group suspected of electronic fraud and money laundering. The gang allegedly used cryptocurrency exchanges to conceal illegal funds transferred from victims' accounts. An investigated case from 2025 resulted in approximately $5.74 million in losses. Courts authorized eight preventive arrest warrants, eighteen search warrants, and froze cryptocurrency exchange and bank accounts linked

According to Arab Satellite Television, Libya's Al-Hasasa power station in Zawara came under drone attack, according to sources in the country.

According to Foresight News, Tudor Investment Corporation increased its holdings of BlackRock's iShares Bitcoin Trust (IBIT) by 18.9% in the second quarter, ending a year-long period of selling. As of June 30, the firm held 688,529 shares of IBIT valued at approximately $22.9 million, up from 579,083 shares at the end of Q1. The company had held around 8.05 million IBIT shares worth approximately $427 million at the end of 2024 before reducing positions throughout 2025.

According to Foresight News, Russia's government decree no. 936 has banned cryptocurrency mining and mining pool participation in Moscow, Moscow Oblast, and parts of Kursk region through December 31, 2032. The Energy Ministry said the year-round ban aims to alleviate power capacity shortage risks, as high-energy mining facilities continue straining regional power grids. Moscow's power system currently consumes approximately 1 gigawatt from mining operations.

According to KOSCOM ETF Check, individual investors in South Korea purchased inverse ETF products worth a combined 1,328 billion won over the past week, with KODEX 200 Futures Inverse 2X leading purchases. The product tracks the KOSPI 200 index at negative two times daily returns. Other inverse products, including KODEX Inverse and SK Hynix single-stock inverse ETFs, also ranked in the top 10 buys, indicating retail traders are betting on further market declines. The KOSPI has rebounded sharply

According to Coinglass, the crypto market saw $49.79 million in liquidations in the past 24 hours, with $28.87 million in long positions and $20.92 million in short positions liquidated. The largest single liquidation occurred on Binance's BTCUSDT pair, totaling $286,500.

According to Korea Exchange, on August 16, domestic retail investors in South Korea sold off holdings significantly despite recent market recovery. Short-selling positions have also increased this month, indicating that individual investors' sentiment remains weak even as the market rebounds from earlier weakness.

According to Glassnode, Bitcoin's support levels weakened on August 16, with large buy orders that had formed in June now dissipating. The data indicates only a thin bottom support remains.

According to DefiLlama Research, approximately 169,000 wallets made their first Hyperliquid trade on the RWA market between January and June 2026, accounting for 31.7% of new users during the period. Among users whose first transaction was RWA trading, about 80.9% continued to trade RWA but did not proceed to crypto asset trading, according to DefiLlama co-founder 0xngmi. The data indicates Hyperliquid's RWA product attracted a distinct user segment, though most remained in the RWA trading domai

According to Reuters, Apple is developing a different technical approach for Apple Intelligence in China, using self-trained large language models rather than Google Gemini or Alibaba's Qwen. The core model is trained jointly by Apple and Alibaba, though Qwen and Baidu technologies may also be integrated into Chinese devices. The strategy differs from overseas markets due to China's strict generative AI regulations. Foreign tech companies typically must partner with Chinese firms to operate in t

According to Samsung Securities, Korean banks stagnated in the second quarter despite record earnings, while major global banks rallied past year-to-date highs following their Q2 earnings seasons. Samsung Securities analyst Kim Jae-woo attributed the divergence to a persistent market bias that Korean banks' return on equity (ROE) is capped at 10 percent, creating a price-to-book ratio (PBR) ceiling of 1.0x for domestic lenders. Kim noted that Korean banks have begun exceeding this threshold. The

According to E-Daily, four junior accountants from one of South Korea's Big 4 accounting firms (Samil, Samjeong, Anjin, Haneyoung) have joined a global private equity firm's Korea office this year, marking an unusual talent exodus amid a sluggish M&A market. Global PE firms, which traditionally preferred hiring from foreign investment banks and strategic consulting backgrounds, are increasingly recruiting accountants valued for their hands-on financial expertise. During deal droughts, PE investo

According to BlockBeats, citing Citrini analyst Jukan, Nvidia's $500 billion financing guarantee arrangement with Wall Street on August 16 is designed to help major cloud service providers avoid GPU purchase disruptions when cash flows tighten and they can no longer rely solely on prepayment models. The arrangement does not constitute circular financing, Jukan stated.

According to Barron's, on August 16, Wall Street analysts raised their average price target for Micron Technology (MU) to $1,549, up significantly from its August 14 closing price of $970.20. UBS analyst Timothy Arcuri set a $1,625 target, valuing the company based on 2029 earnings expectations. KeyBanc forecasts DRAM prices will rise 15–20% in Q3 2026 and another 15% in Q4, while NAND prices are expected to jump 30–40% in Q3 and an additional 15% in Q4. Compared to Q2, cumulative gains by year-

According to Yonhap Infomax, Samsung Electronics and SK Hynix saw their margin financing balances (credit trading volumes) surge to 4.88 trillion and 4.81 trillion Korean won respectively on August 14. The figures mark an increase of nearly 10% for Samsung and over 20% for SK Hynix compared to late July. The broader South Korean stock market's total margin financing balance reached 30.9 trillion Korean won as of August 13, rising for seven consecutive trading days. The semiconductor stocks' reco

According to Jin10 data tracking, on August 16, Israeli forces conducted multiple airstrikes on Lebanon. The strikes killed 11 people, with a separate airstrike on the southern town of Deir al-Zahra killing 4 people and injuring 17. Lebanon condemned the strikes as violations of a ceasefire framework agreement. Meanwhile, a cargo vessel was reportedly struck by an unidentified projectile in the Strait of Hormuz. The UAE condemned Iran over the incident affecting an ADNOC vessel. Iran and Oman ha

According to its latest disclosure, HHLR Advisors, the investment management platform of Hillhouse Capital, increased holdings in Nvidia, Coherent, Corning, and Lumentum in the second quarter. The fund's total U.S. stock portfolio reached $832 million across 35 holdings as of the end of Q2, with semiconductor and photonics companies featuring prominently.