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
13:41

Cerebras Drops 13.7% at Open on Aug 13 as Q2 Revenue Hits $210M

According to BlockBeats, Cerebras opened down 13.7% on Aug 13, with stock price falling to $226.50 per share, according to BIT trading data. The AI chip maker reported Q2 revenue of $210 million, up 103% year-over-year. Cloud services revenue reached $126 million, surging nearly 4x year-over-year, while hardware sales declined 23% to $54.1 million. The company posted a net loss of $450.5 million in Q2, reversing from a net profit of $309.5 million in the prior year period.
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13:41

Continental Aerospace Technology Holdings Reports H1 2026 Loss of HK$100.2 Million as Piston Engine Business Swings to Loss

According to an announcement on August 13, Continental Aerospace Technology Holdings (00232) reported a loss attributable to shareholders of HK$100.2 million for the six months ended June 30, 2026, compared with a profit of HK$64.29 million in the same period last year. Revenue fell 5.42% year-over-year to HK$951 million. The loss was primarily driven by the general aviation piston engine business, which recorded a loss of HK$106 million versus a profit of HK$70.93 million in the prior year peri
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13:41

Suzhou Industrial Park Trade Surpasses 10.2 Trillion Yuan in First 7 Months, Up 126.8% YoY

According to Suzhou Industrial Park Customs released on August 13, merchandise trade import and export in the first seven months of 2026 exceeded 10 trillion yuan for the first time, reaching 10.2 trillion yuan, up 126.8% year-over-year and already exceeding last year's full-year total. Exports reached 508.59 billion yuan, up 120.9%, while imports totaled 510.72 billion yuan, up 133%. High-tech product trade, including intelligent robots, reached 727.41 billion yuan, up 189.9%, with AI hardware
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13:37

MUFG Launches On-Chain Japanese Government Bond Repo Pilot Using Canton Network in 2026

According to Bitcoin.com News, MUFG began a 2026 pilot for on-chain Japanese government bond repo settlement in partnership with Digital Asset, creator of the Canton Network, and Progmat. Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and MUFG Bank are also participating. The pilot will enable real-time JGB trades through blockchain-synchronized account registers, with payment and delivery occurring simultaneously using digital assets such as tokenized bank deposits
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13:37

Western Countries Source 94% of Key Amoxicillin Ingredients From China, Financial Times Reports

According to Financial Times, Western nations' dependence on China's pharmaceutical supply chain has reached critical levels, with China supplying approximately 94% of global key amoxicillin ingredients and controlling nearly half of the world's antibiotic raw material exports. The analysis, written by Imperial College London's Ara Darzi, cites a Council on Foreign Relations report noting that some 700 U.S. approved medications rely on chemical compounds produced solely in China. The report char
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13:36

Weiling Delicious (09985) Posts H1 Net Profit of 767M Yuan, Up 4.58% YoY

According to its interim results announcement, Weiling Delicious (09985) reported revenue of 3.715 billion yuan for the six months ended June 30, 2026, up 6.66% year-over-year. Net profit attributable to the parent company reached 767 million yuan, up 4.58% YoY. Earnings per share were 0.32 yuan. The company declared an interim dividend of 0.19 yuan per ordinary share and a special dividend of 0.09 yuan per share. The revenue growth was driven by enhanced product innovation, brand building effor
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13:33

Global Crypto Derivatives See $143 Million Liquidated in 24 Hours, Longs Hit $83.2 Million

According to Coinglass data, over the past 24 hours, $143 million in cryptocurrency futures positions were liquidated globally, with $83.2 million in long liquidations and $59.9 million in short liquidations. Bitcoin accounted for $14 million in long liquidations and $5 million in short liquidations, while Ethereum saw $16.5 million in longs and $5.6 million in shorts liquidated.
13:33

U.S. Stock Market Opens with Dow Up 0.26%; HP and Dell Rise Over 3%

According to ChainCatcher citing Gate data, U.S. stock indices gained at market open today (August 13). The Dow rose 0.26%, the S&P 500 advanced 0.29%, and the Nasdaq gained 0.12%. Computer hardware stocks led gains, with HP up 6.4% and Dell rising 3.4%. Cisco fell 7.9% despite beating earnings expectations, while the Nasdaq-100 China Index declined 0.65% and JD.com dropped 2.3%.
13:31

Bitmine Surpasses 5M Staked ETH, Generating $257M Annualized Revenue on Monday

According to company announcement on Monday, Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, generating an estimated $257 million in annualized revenue. Ether staking accounted for approximately 98% of Bitmine's fiscal quarter revenue ending May 31, contributing $45.7 million of the company's $46.5 million total revenue, according to analysts from Bitfinex exchange. The recurring staking income supports the company's operations and
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ETH-0.57%
13:31

Bloomberg Analyst Says Bitcoin and Gold Cannot Be 'Intervened'; Suggests Wealthy Donate Stocks to Trump Accounts

According to Bloomberg ETF analyst Eric Balchunas, Bitcoin and gold can help address wealth inequality because these assets cannot be 'intervened,' he stated on X. Balchunas suggested that if wealthy individuals donated stocks to Trump accounts for children in low-income areas, it could have an immediate impact, noting that the stock market is a primary driver of wealth gaps and benefits from substantial money supply.
BTC-0.18%
13:31

Anthropic Investors Bet on $100-120B Revenue by End of 2026, Signaling Potential $3 Trillion Valuation

According to Citrini analyst Jukan, Anthropic investors expect the company will reach annualized revenue of $100-120 billion by end of 2026, representing over 10x growth that year. The projection is based on strong market demand for Claude AI models. An institutional investor stated that even at conservative 800% annual growth assumptions, Anthropic's valuation could reach 30 times revenue, implying a potential market value of $3 trillion.
13:30

Fed Official Hammarck Flags AI Bubble Risk Amid Financial Stability Concerns

According to Odaily, Federal Reserve official Hammarck indicated that Treasury debt remains a key focus area for financial stability, alongside private credit concerns and potential bubbles in artificial intelligence. Hammarck highlighted AI as an emerging risk alongside traditional financial stability metrics.
13:30

Anthropic Revenue Expected to Hit $100-120B by End of 2026, Up Over 10x This Year

According to Citrini analyst Jukan on X, investors estimate Anthropic will achieve annualized revenue of $100-120 billion by the end of 2026, representing over a 10-fold increase for the year. The estimates reflect strong anticipated demand for the company's Claude AI models and tools. If realized at an 800% annual growth rate, one institutional investor noted Anthropic's valuation could reach 30 times revenue, implying a potential market value of $3 trillion.