Gate Crypto Flash News and Market Updates

According to CoinDesk, Bitcoin has triggered 8 of 12 market surrender indicators measured by VanEck, with the bear market already 10 months into its cycle since the October 2025 peak. Over the past three months, all 12 indicators have reached their trigger thresholds. VanEck's historical analysis shows that previous Bitcoin bear markets lasted an average of 11 months from peak to trough. The asset management company noted that surrender indicators are best used as tools for long-term cycle posit

According to Binance's 45th Proof-of-Reserve report released August 1st, users' total Bitcoin holdings reached approximately 657,000 BTC, up 2.55% compared to the previous month's report dated July 1st, representing an increase of about 16,349 BTC. In contrast, Ethereum and Tether balances declined. Binance users' ETH holdings fell to approximately 3.98 million, down 2.57% or about 105,154 ETH, while total USDT holdings decreased to roughly 32.9 billion, a 2.57% decline equivalent to approximate

According to Tim Doy, chief U.S. economist at SGH Macro Advisors, as reported by Jin10, ahead of the Federal Reserve's meeting minutes release on August 20, the market will focus on how widespread inflation concerns are among officials and the extent of policy disagreements. Doy noted that dissenting votes among Fed officials have become more common in recent years, particularly during periods of multiple economic pressures. The core question for investors will be how many officials support tigh

According to PANews, the U.S. Commodity Futures Trading Commission (CFTC) announced on August 20 that it is opening a public comment period for proposed hash power derivatives contracts.

According to BlockBeats, the U.S. Commodity Futures Trading Commission (CFTC) issued a request for comment on August 20 regarding the listing of compute power derivatives contracts and related market regulatory issues. The comment period covers compute spot market size, liquidity, market characteristics, market manipulation risks, customer protection, and perpetual futures. CFTC Chair Michael S. Selig stated that "without a robust compute derivatives market, America cannot win the AI race." The

According to Coinglass data cited by ChainCatcher, BTC perpetual futures open interest grew 5.1% in the past 24 hours to $52.05 billion as of August 19. Binance led with $10.28 billion in open interest, followed by Gate at $4.953 billion and Bybit at $4.839 billion.

According to The Information, on August 20, OpenAI announced it would slow model scaling expansion and invest more resources in strengthening AI safety measures as competition with Anthropic intensifies. The move follows recent findings of anomalous behavior in OpenAI's AI systems, prompting the company to focus on model safety, cybersecurity risks, and autonomous capability control.

According to BlockBeats, a whale address beginning with 0x66 added 800 BTC to its short position on Hyperliquid late on Aug 20, bringing its total BTC short to 1,200 contracts, making it the largest BTC shorter on the platform. The position is currently underwater by $2.39 million, with an average entry price of $66,891 and liquidation price at $70,039.

Nexo Australia has launched regulated crypto-backed credit lines for eligible clients after obtaining credit representative status under Australia's National Consumer Credit Protection Act. The product allows users to borrow Australian dollars or stablecoins using cryptocurrencies as collateral, with interest rates ranging from 0.9% to 21.9% depending on the credit line type and customer loyalty tier. Funds are typically made available within 24 hours, and the credit lines feature no fixed term

According to Jin10 and sources familiar with the matter, the World Economic Forum (WEF) is pursuing European Central Bank President Christine Lagarde to become its next chairperson on August 20. The organization's board discussed the matter in a meeting this week. Sources indicated Lagarde appears ready to accept the position, though she seeks confirmation that tensions between WEF and its founder Klaus Schwab have been fully resolved. Schwab departed abruptly in April 2025 amid an investigation

According to Pew Research Center, adults under 30 in the U.S. expressed more concern than excitement about artificial intelligence for the first time on August 20, with nearly 75% worried the technology will reduce job opportunities, up from 61% two years ago. The shift marks a significant change for the youngest workforce cohort, which previously held the most optimistic views about AI's potential.

According to Coinglass data, over the past 24 hours, $1.905 billion in liquidations occurred across global derivatives markets, with long positions accounting for $172 million and short positions $1.733 billion. In total, 121,867 traders were liquidated globally during the period. The largest single liquidation occurred on Hyperliquid, with a BTC-USD position valued at $48.8 million.

Coinbase announced on Wednesday that its Base accelerator will select 10 startups for its Batches 004 program, with each team receiving a $100,000 investment from the Base Ecosystem Fund. Applications are open through September 9, with the eight-week virtual program concluding at a Demo Day in New York in November. The program is targeting pre-seed startups building AI agents, trading, payments, and financing products, with an emphasis on stablecoins and agent-driven commerce. According to Danie

According to Indonesia's Meteorology, Climatology and Geophysics Agency, a 5.7 magnitude earthquake struck 43 kilometers northeast of Luten town in Manggarai district, East Nusa Tenggara province, at 23:17 local time on August 19. The earthquake had a depth of 10 kilometers.

According to Galaxy research head Alex Thorn, retail buying interest in BlackRock's iShares Bitcoin ETF (IBIT) reached its highest level in two years today, Thorn posted on X.

According to Gate data, silver (XAGUSD) broke through $66 per ounce, now trading at $66.007, up 3.1% over the past 24 hours.

According to BIT market data, on August 20, U.S. crypto-related stocks surged, with American Bitcoin (ABTC) rising 17.87% and Microstrategy (MSTR) gaining 14.55%, leading the sector. Other major movers included BitMine (BMNR) up 14.09%, Bullish (BLSH) up 13.81%, SharpLink (SBET) up 12.73%, Coinbase (COIN) up 12.68%, Circle (CRCL) up 12.37%, and Gemini (GEMI) up 12.01%. Robinhood (HOOD) gained 8.01%.

According to a Treasury Department rule announced on Wednesday, August 20, the Trump administration is restricting immigrants' eligibility for refundable portions of four tax credits designed to support students, workers, and families. Only U.S. citizens and certain foreign nationals—including lawful permanent residents, asylees, and refugees—will qualify for the refundable components of tax credits for children, students, adoptive parents, and middle-to-low-income workers. Treasury Secretary Be

U.S. President Trump today nominated Dr. Heidi Olverton to serve as the next director of the Food and Drug Administration (FDA).

According to Eleanor Terrett, a crypto journalist, the U.S. Office of the Comptroller of the Currency (OCC) leadership stated on August 20 at Wyoming's SALT Conference that digital asset-related charter approval activities have grown 8-fold compared to the Biden administration period. The OCC expects to finalize rules related to the GENIUS Act by November and will adjust the regulations based on feedback from the crypto industry.