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.
Today
12:00

Google Launches Pixel 11, Watch 5, and Pixel Tag with New Gemini Features; Goldman Sachs Maintains $435 Price Target

According to Goldman Sachs research, Google launched Pixel 11, Pixel Watch 5, and Pixel Tag at its Made by Google 2026 event, showcasing new Gemini Intelligence capabilities across its hardware ecosystem. The bank believes Google is embedding AI directly into consumer devices through custom chips and multimodal models, strengthening its competitive position in the AI-driven consumer internet landscape. Goldman Sachs maintained its "buy" rating with a $435 price target.
11:57

China to Host APEC Third Senior Officials' Meeting in Dalian from August 17-28, Over 130 Sessions Planned

According to Jin10, China will hold the Asia-Pacific Economic Cooperation (APEC) Third Senior Officials' Meeting and related conferences in Dalian, Liaoning Province from August 17-28, 2026, the Foreign Ministry spokesperson Guo Jiakun said on August 14. The meeting will be the largest in terms of participant scale and session count, with over 130 sessions covering trade, transportation, food security, customs, technology, energy, health, disaster reduction, and anti-corruption. More than 2,300
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11:56

Polarcell Group Holdings Posts HK$1.146M Loss in H1 2026, Swings to Deficit

According to Smart Finance, Polarcell Group Holdings (08179) posted a loss of HK$1.146 million for the first half of 2026 ended June 30, compared with a profit of HK$10.32 million in the prior-year period. Revenue for the period was HK$64.34 million, down HK$0.28 million year-over-year, with the decline primarily driven by zero food business revenue versus approximately HK$0.515 million in the prior-year half. Basic loss per share was HK$0.06.
11:55

CLARITY Act's Polymarket Odds Crash From 82% to Under 20% as Senate Schedules September 15 Vote

According to American Banker and Polymarket data, CLARITY Act odds fell from 82% to under 20% early this week after the Senate adjourned for August recess without voting on the bill. Before leaving, Senate Majority Leader Thune scheduled a vote for September 15, with American Banker noting September 30 as the last clear deadline before campaign season complicates further action. The decline reflects ongoing negotiations over unresolved ethics provisions. CoinDesk described the absence of biparti
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11:53

BNB Chain Launches Pasteur Hard Fork on August 25, Targets 2,324 TPS Throughput

According to ChainCatcher, BNB Smart Chain will launch its Pasteur hard fork on August 25 at 10:30 Beijing time (UTC 02:30), with node operators required to upgrade to client version v1.7.7. The upgrade includes three improvements: BEP-682 strengthens cross-chain bridge validation to prevent signature duplication risks, BEP-695 optimizes validator key rotation and fixes governance-related vulnerabilities, and BEP-675 enhances block construction efficiency. In internal QANet testing, BEP-675 incr
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11:53

China's Foreign Ministry Urges US to Stop Escalating South China Sea Tensions on August 14

According to Jin10, on August 14, China's Foreign Ministry spokesperson Guo Jiakun responded to U.S. State Department comments on Huangyan Island, reaffirming that the island is Chinese sovereign territory. Guo stated that establishing and managing Huangyan Island as a national nature reserve falls within China's sovereign jurisdiction, and the United States has no right to comment or cite the invalid "South China Sea arbitration ruling" in support of the Philippines. China urged the U.S. to sto
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11:51

Tether Receives Unqualified Audit Opinion from KPMG on 2025 Financials

According to Tether's official announcement on Thursday, Big Four accounting firm KPMG issued an unqualified audit opinion (the highest possible result) on Tether's 2025 financial statements. The audit examined Tether's assets, liabilities, cash flows, internal systems, and supporting documentation, including physical inspection of every individual gold bar held by the company. CEO Paolo Ardoino said the review verified all of Tether's claimed holdings. This is Tether's first full audit from a m
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11:51

Bill Ackman Buys Netflix Stake as CEO Calls Stock 'Very Undervalued' at 20-21x PE

According to CNBC, Bill Ackman's Pershing Square recently disclosed a new stake in Netflix as part of a portfolio overhaul. Capital Wealth Planning CEO Kevin Simpson called the stock significantly undervalued, citing Netflix's 325 million subscribers—exceeding Disney, HBO, and Max combined—and a forward price-to-earnings ratio of 20–21x, down from 40x before recent declines. Simpson noted that while Netflix's stock fell nearly 40%, improved content, margins, and advertising offerings present sub
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11:51

Tree Bear Financial Group (08226) Reports H1 2026 Net Profit of 26.57M HKD, Up 291% YoY

According to Tonghuang Finance APP, Tree Bear Financial Group (08226) reported H1 2026 net profit of 26.57 million Hong Kong dollars, up 291.08% year-over-year, as of June 30, 2026. The group's total revenue reached 9.596 million HKD, down 18.07% YoY, primarily due to reduced interest income from margin financing operations. Earnings per share stood at 6.36 Hong Kong cents.
11:51

Sunrising Tai Group Reports H1 2026 Revenue of HK$74.9M, Up 36%, Swings to Profit

According to its interim results announcement, Sunrising Tai Group (08362) reported revenue of HK$74.927 million for the six months ended June 30, 2026, up 36% year-over-year. Net profit attributable to shareholders reached HK$2.008 million, swinging from a loss of HK$2.387 million in the prior year. Basic earnings per share stood at HK$0.0014.
11:47

Payward's Q2 Profit Plunges 71% to $23M Amid Weak Crypto Trading Activity

According to Bloomberg, Kraken's parent company Payward reported in Q2 2026 that adjusted pretax profit dropped 71% to $23 million from $79.7 million a year earlier, while adjusted revenue rose 17% to $508 million. The company cited sluggish trading activity across the broader crypto market as the primary pressure on profitability. Despite revenue growth, Payward faced declining trading volumes and reduced user activity in the low-volatility market environment, challenges shared by other major c
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11:46

China Communications Construction Posts H1 New Contract Value of 902.95B Yuan, Down 8.89% YoY

China Communications Construction (01800) announced on August 14 that in the first half of 2026, the company's group new contract value reached 902.95 billion yuan, declining 8.89% year-over-year. The achievement represents 47% of the full-year target, in line with the planned schedule. Overseas business new contract value reached 243.68 billion yuan (approximately 34.36 billion U.S. dollars), up 20.61% year-over-year, contributing 27% to the group's total new contract value.
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