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.
2026-08-19
21:42

Trump Says AI Could Be 'Bigger Than the Internet,' Pushes Light-Touch Regulation Over China Competition

President Donald Trump said Wednesday that artificial intelligence could become "bigger than the internet," calling for regulation that does not slow industry development as the U.S. competes with China. Trump made the remarks during a White House gathering with crypto executives and financial regulators, stating, "We want to have regulation where they can continue to lead. That regulation is not going to stifle a very important industry." Trump defended AI data center expansion, noting that com
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21:39

UK Foreign Secretary Condemns Israel's E1 Settlement Tender, Recalls Diplomat

Britain's Foreign Secretary condemned Israel's government for releasing a tender for the E1 settlement project today, announcing the recall of Israel's Chargé d'Affaires in London. The E1 settlement expansion remains a contentious issue in Palestinian-Israeli negotiations, with the international community viewing the development as an obstacle to peace efforts.
21:35

Standard Chartered Predicts Bitcoin Hits $100,000 by Year-End 2026 After Treasury Doubles Bond Buybacks

According to Standard Chartered analyst Geoff Kendrick on Aug. 19, Bitcoin (BTC) is positioned to reach $100,000 by year-end 2026, following the U.S. Treasury's announcement to double bond buyback operations. The Treasury increased maximum purchase sizes for 10- to 30-year securities from $2 billion to at least $4 billion per operation, with larger buybacks beginning Sept. 9. Kendrick noted the move is "exactly the type of thing Bitcoin loves," citing the leading cryptocurrency's historical tend
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BTC11.69%
21:33

U.S. Military Establishes Secret Strait of Hormuz Corridor, Moving 10M Barrels Daily on Aug 20

According to BlockBeats citing U.S. officials who spoke to Axios, on August 20, the U.S. military has established a secret shipping corridor in the Strait of Hormuz transporting approximately 10 million barrels of oil per day into global energy markets. The operation, which has been underway for several weeks, involves 15 to 20 tankers using a southern route along Oman's coast. This volume represents roughly half of pre-war transportation levels and is aimed at easing supply disruptions caused b
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21:33

Crypto Startups Raised $6.81 Billion in Q1 2026, Series C Rounds Surge 1,020% YoY

According to CryptoRank, crypto startups raised $6.81 billion across 222 rounds in Q1 2026. Series C and later-stage rounds surged 1,020% year over year, accounting for 28.4% of all venture capital despite representing only nine deals, indicating a market increasingly concentrated in larger, late-stage funding. Coinbase Ventures led all investors with 12 deal participations in Q1 2026, followed by Tether with eight deals and Animoca Brands with seven.
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21:30

Bitcoin Could Serve as Global Neutral Reserve Asset, Addressing Dollar's Triffin Dilemma, Forbes Says

According to Forbes, the U.S. dollar's role as a global reserve currency creates the Triffin dilemma—a nation's currency cannot simultaneously meet domestic economic needs and serve as a global reserve. While reserve status attracts capital inflows and benefits American consumers through cheaper imports, it undermines U.S. manufacturing competitiveness and widens trade deficits. The article argues Bitcoin, with its fixed supply, non-sovereign attributes, global verifiability, and digital settlem
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BTC11.69%
21:29

Federal Reserve July Minutes: Officials Signal Possible Rate Hikes if Inflation Stays High

According to BlockBeats, Federal Reserve minutes released on August 20 showed that several officials in July favored rate hikes, with many indicating that if inflation fails to decline, monetary policy may need further tightening. The FOMC voted 9-3 in July to hold its benchmark interest rate in the range of 3.5% to 3.75%, with three officials voting against and advocating for a 25 basis point increase. Most policy discussions at the July meeting centered on divergent views of future inflation t
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21:29

Forbes Proposes Bitcoin as Neutral Global Reserve Asset to Address Dollar Triffin Dilemma

According to Forbes, on Aug 20, the publication explored how Bitcoin could address the Triffin Dilemma—the structural contradiction where a currency cannot simultaneously serve as both a nation's medium of exchange and the world's reserve asset. The article noted that while the U.S. dollar's reserve status drives capital inflows and provides financing advantages, it undermines U.S. manufacturing competitiveness and exacerbates trade deficits. Gold, though sovereignty-neutral, faces limitations i
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BTC11.69%
21:29

Itochu to Build ~10 Data Centers in Japan by 2030, Investing Billions of Yen

According to Nikkei, Itochu Corporation, one of Japan's five major trading companies, plans to invest billions of yen to build approximately 10 data centers in Japan by 2030, with each facility offering about 50 megawatts of power capacity. The facilities will be located in the Tokyo metropolitan area, Osaka region, and Kyushu, with one to two projects becoming operational each year. Itochu plans to acquire land and oversee construction, then sell the data centers to third parties to improve ass
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21:26

South Korea's KOSPI Index Plunges 5.8% on August 19 Despite Bullish Semiconductor Outlook

According to Kookmin Daily, South Korea's KOSPI index plummeted 5.8% to 6,471.17 on August 19, shedding 398.66 points as U.S. and Japanese long-term bond yields surged, dampening investor sentiment. Lee Jae-jun, CEO of Barown Partners, told Kookmin Daily that semiconductor stocks remain a core investment focus for August. He cited sustained capital expenditure by hyperscalers like Amazon and Meta on AI infrastructure, noting that these companies now allocate 60-120% of cash inflows to capital ex
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21:22

Cash App Adds XRP, SOL, ETH, and USDT for 59M Users via Moonpay Integration

According to Bitcoin.com News, Cash App integrated Moonpay as a funding method yesterday (August 18), allowing its 59 million eligible U.S. users to purchase XRP, Solana, ether, and USDT by routing payments directly from their Cash App balance. The tokens are delivered to external wallets of the user's choosing. This expansion is significant as Cash App's parent company Block has not listed these assets directly within its app; previously, Cash App only supported Bitcoin and USDC purchases.
XRP15.45%
SOL13.01%
ETH19.09%
BTC11.69%
21:19

Japan Government Bonds Hit 30-Year High on August 18, Pressuring US and South Korean Markets

According to Financial News, Japan's 10-year government bond yield hit 2.96% on August 18, marking a 30-year high, while its 30-year yield reached 4.155%, the highest in 19 years. Both have surged approximately 62 basis points and 54 basis points respectively since year-end. The U.S. 30-year Treasury yield simultaneously exceeded 5.3%, reaching levels not seen since the 2007 financial crisis. Analysts warn of a potential repatriation of Japanese capital from overseas investments back to Japan, d
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21:17

Former APG Emerging Markets Head Park Yu-kyung Nominated as Independent Director at Korea Zinc

Park Yu-kyung, former head of emerging markets at Dutch pension fund APG, has been nominated as an independent director candidate at Korea Zinc after leaving APG last year. APG, which manages approximately 980 trillion won in assets as one of the world's top 10 public pension funds, previously engaged Park in discussions with Samsung Chairman Lee Jae-yong regarding corporate governance improvements. This marks Park's first appointment to a listed company's board in South Korea following her depa
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