Gate Crypto Flash News and Market Updates

According to Bitget's announcement, the exchange has launched Pro mode for its CFD trading platform, offering professional and high-frequency traders independent quote depth alongside its existing ECN and STP modes. The Web version is now live, with the mobile app expected to launch on August 21. Pro mode instruments use a .pro suffix and follow the same fee structure and rebate rules as ECN mode, with fixed per-contract commissions and overnight fees applied. Access is restricted to qualified p

Eastern Prosperity Holdings (00430) warned on August 12 of lower half-year earnings, projecting net profit attributable to shareholders of approximately HK$3-3.2 million for the six months ended June 30, 2026, compared to HK$4.3 million for the same period in 2025. The profit decline was mainly driven by reduced rental income from the group's commercial and industrial property portfolio.

According to Marinade Finance, Solana's network nearly halted this morning (August 12) with 28.83% of staked SOL disconnected, approaching the 33.34% threshold that triggers a network stop. The outage affected 90 validator nodes and resulted in approximately 333 SOL in lost rewards. The incident was caused by a routing error at Teraswitch, a service provider, where incorrect routing from Miami nodes was broadcast to Europe and Asia-Pacific regions. Twelve nodes in those regions lost connectivity

According to CNBC, massive capital spending on AI infrastructure is creating near-term inflation pressures that complicate the Federal Reserve's policy decisions. U.S. AI spending is expected to reach $581 billion this year, representing 1.8% of gross domestic product, with global spending potentially reaching $1 trillion, Goldman Sachs estimated. The spending surge is driving price increases across key sectors. Household electricity prices rose 10.1% over the two years through June, faster than

According to the U.S. Investment Company Institute (ICI), index-tracking funds accounted for 53.8% of U.S. long-term mutual funds and exchange-traded funds (ETFs) as of May end, with net assets reaching $21.82 trillion. This surpassed active-managed funds, which held $18.75 trillion. Among U.S. equity funds specifically, index products represented 63.9% of assets, meaning more than six of every ten dollars invested in U.S. stock funds track market indices.

According to a recent announcement, Hengrui Pharmaceutical (01276) and its subsidiary Guangdong Hengrui Pharmaceutical received approval from China's National Medical Products Administration to conduct clinical trials for SHR-7590 injection, a biopharmaceutical developed to treat inflammatory bowel disease. The company noted that no competing drugs targeting the same mechanism have been approved globally to date. Cumulative research and development investment in the SHR-7590 project totals appro

According to Mongolia's Emergency Coordination Office, the country will cancel fuel purchase restrictions starting August 15 (this Saturday). The restrictions, which limited each vehicle to 50,000 Mongolian Tugriks per fill-up and alternated service days based on license plate numbers, will end as fuel supply normalizes. The coordination office announced that 1,200 tons of AI-92 gasoline will arrive in Ulaanbaatar this evening and is being distributed to gas stations.

Chinese autonomous driving company WeRide reported a net loss of 400.7 million yuan (RMB) for the second quarter of 2026, against a prior guidance of 301.3 million yuan loss. The company's U.S.-listed shares rose nearly 1% in pre-market trading following the earnings announcement.

According to the company announcement, Green New Biotech (01084) expects net loss attributable to shareholders of approximately 10-40 million RMB for the six months ended June 30, 2026, compared to 120.7 million RMB for the same period in 2025. The improvement was primarily driven by increased carrageenan product sales due to the group's competitive pricing strategy, which boosted revenue and gross margin during the reporting period.

According to its announcement, Wanchai Chong International (00898) forecasts attributable profit of approximately HK$100–120 million for the six months ended June 30, 2026, compared with HK$238 million in the same period of 2025. The profit decline is primarily attributed to a significant decrease in fair value gains on financial assets measured at fair value through profit or loss, falling from approximately HK$208 million in H1 2025 to approximately HK$46 million in H1 2026, reflecting market

According to an official announcement, China Resources Land (01109) recorded total contract sales of RMB 141 billion in July 2026, up 6.0% year-over-year, with a sales area of 410,000 square meters. For the first seven months of 2026 through July 31, cumulative contract sales reached RMB 1.306 trillion, representing a 5.7% year-over-year increase, though sales area declined 22.0% to 3.573 million square meters. The company's recurring revenue for the seven-month period totaled RMB 308.8 billion,

According to MetaversePost, on August 15, 2026, HSC Conference Ho Chi Minh City will bring together founders, executives, policymakers, and investors from crypto, institutional finance, and emerging technology to explore digital asset adoption across Southeast Asia. Participating organizations include HashKey Group, Tether, Nuvei, Ondo Finance, Bitstamp, Ledger Enterprise, OpenEden, Dragon Capital, Hashgraph, Birdeye, Republic Advisory, Kanga Global, Orderly, and SCVentures, among others. The co

According to China's National Medical Products Administration (NMPA), Luokang Tech Co., Ltd. (01276) and subsidiary Fukang Shengdi Pharmaceuticals received approval to initiate clinical trials for HRS-4729 injection recently. HRS-4729 is a self-developed tripeptide drug that acts as a GLP-1R/GIPR/GCGR triple agonist designed to treat type 2 diabetes and promote weight loss. The compound activates these receptors to suppress appetite, delay gastric emptying, enhance insulin sensitivity, and incre

According to the Mortgage Bankers Association, the MBA mortgage application activity index rose 3.6% week-over-week for the week ending Aug 7, recovering from a decline of 2.9% in the prior week.

According to the Mortgage Bankers Association (MBA), the U.S. mortgage application activity index reached 248.6 for the week ending August 7, up from 240 in the prior week.

The U.S. MBA Mortgage Purchase Index reached 157.9 in the week ending August 7, up from 154 in the prior week.

According to the Mortgage Bankers Association, the mortgage refinance activity index for the week ended August 7 rose to 744.4 from a previous reading of 709.1.

According to Bitcoin News, President Trump is reportedly considering indexing capital gains tax to inflation rates, meaning investors would pay taxes only on inflation-adjusted gains rather than full nominal appreciation. Trump is also considering expanding the capital gains tax exemption for home sales to cover properties valued up to $2 million.

According to the Mortgage Bankers Association, the U.S. 30-year fixed mortgage rate declined to 6.77% for the week ended August 7, down from 6.81% in the previous week.

According to Odaily, B.AI's Android app has officially launched, bringing the platform's core features to mobile with enhanced stability. The update introduces a service availability detection feature with built-in real-time API and Web route monitoring, helping users quickly identify accessible connection addresses and maintain stable connectivity across varying network conditions.