Gate Crypto Flash News and Market Updates

According to Elon Musk's Grok AI, XRP could reach $2.10 by the end of 2026, with a range of $1.80–$2.50, based on accelerating network activity. Active addresses on the XRP Ledger surged 84% to 43,543 in early August, while daily payments exceeded 2.6 million. Bank of Montreal and National Bank of Canada disclosed XRP ETF exposure in recent 13F filings, signaling institutional adoption.

According to an announcement via Zhitong Finance, Z FIN (01168) expects net loss attributable to shareholders not exceeding HK$200 million for the six months ending June 30, 2026, compared to approximately HK$507.1 million in the same period last year. The company attributed the loss reduction primarily to three factors: a non-recurring fair value loss of approximately HK$497.9 million on convertible bonds recognized in H1 2025, profit from property sales in H1 2026 (despite substantial land app

According to Guru Club, WTI crude oil broke below $81 per barrel on August 13, declining 2.74% intraday.

According to Jin10 Data, on August 13, Alibaba released Qwen3.8-2.4T-A95B, an open-source large-scale mixture-of-experts (MoE) model, on the supercomputing internet platform. The model is deployed across a 10,000-GPU supercluster and integrated with the FlagOS unified software stack and domestic heterogeneous accelerators. Enterprises and developers can now directly access the model's image in the AI community for rapid deployment of AI applications tailored to specific business scenarios.

According to ChainCatcher, Bitcoin Red Team members completed a foundational scan of the Bitcoin open-source ecosystem over the past two weeks using advanced AI tools, discovering numerous critical and high-severity vulnerabilities. Team member @callebtc stated that easily identifiable vulnerabilities have been addressed, while maintainers are now verifying "significant" critical and high-risk flaws. Key findings include decades of accumulated technical debt being exposed alongside AI's capabili

According to Smart Finance, Time Digital (00451) issued a profit forecast on August 13, projecting net profit of no more than 5 million yuan for the six months ended June 30, 2026, compared with a net loss of approximately 240 million yuan in the same period last year. The turnaround to profitability was primarily driven by the absence of a one-time impairment loss of approximately 295 million yuan recognized in the prior period under the expected credit loss model, as well as reduced administra

Anthropic published a meta-analysis on August 13 showing that worker retraining programs deliver statistically significant but modest economic benefits. Drawing on 56 randomized controlled trials conducted in the United States since the 1970s, the study found that for each person offered a training slot, employment rises by roughly 2 to 3 percentage points and annual earnings increase by approximately $1,000, against an average per-participant cost of $13,000. Governments recoup more than half o

According to Decrypt, ShipMonk, a logistics partner of hardware wallet provider Trezor, suffered a data breach exposing the personal information of 13,689 customers. Full details including names, phone numbers, emails, and home addresses were compromised for 11,742 individuals, while an additional 1,947 had partial information affected. All impacted users placed orders between May 10 and August 8 in the United States, United Kingdom, Sweden, Colombia, Brazil, Italy, or Portugal. Trezor emphasize

According to Smart Finance APP, MGM China reported second-quarter net income attributable to the company of $22.7 million, up 31.98% year-over-year. Total operating revenue declined approximately 6% to $1.25 billion, primarily due to slowdowns in VIP gaming and mass-market table gaming, as well as non-gaming operations.

According to Guru Club, DJI unveiled the Osmo 360 II, a second-generation panoramic camera, on August 13. The device integrates AI-powered one-tap video editing, NFC quick-connect capability, and subject tracking features. Pricing ranges from 3,299 to 3,999 CNY. The Osmo 360 II is compatible with DJI Osmo Audio and DJI Mic series microphones, supports DJI Osmo ecosystem accessories, and shares battery compatibility with the Osmo Action series.

Polish Prime Minister Donald Tusk announced on August 13 that Poland will reduce fuel value-added tax (VAT) during the last two weeks of August. The measure aims to ease fuel prices for consumers during the summer period.

According to Flare, on Thursday (August 8), decentralized exchange Derive began accepting FXRP, a wrapped version of XRP on the Flare blockchain, as collateral for options and perpetual futures trading. Users can deposit FXRP into Derive's Portfolio Margin V2 account and trade derivatives from their own wallets without relying on a centralized exchange. Options settle in USDC, with traders exposed to margin and liquidation risks if they cannot cover settlement requirements or maintain required c

According to BeInCrypto, XRP briefly fell below $1 earlier this week for the first time since late 2024, marking a 5% monthly decline. Despite the price slide, on-chain data shows large holders remained active accumulators—wallets holding at least 1 million XRP grew by 32 over three months as market cap fell. However, institutional demand has stalled. Spot XRP ETFs logged zero net flows in their last four sessions, with August inflows totaling just $1 million through August 12. Binance derivativ

According to an earnings warning issued by Jiancheng Holdings (01722), the company predicted an unaudited consolidated loss of at least 25 million Macanese pataca for the first half of 2026, compared to a profit of approximately 0.4 million Macanese pataca in the same period of 2025, marking a turnaround from profit to loss. The group attributed the loss primarily to a significant decline in construction project volumes, which resulted in revenue falling approximately 51%. Additionally, underuti

According to BlockBeats, optical communications giant Coherent on August 13 (premarket) issued Q4 fiscal guidance significantly exceeding market expectations: Q4 revenue guidance of $20.5 billion, up 34% year-over-year, surpasses consensus of $19.8–20.2 billion. Non-GAAP EPS guidance of $1.74 also exceeds the expected $1.62–1.65. For Q1, Coherent raised revenue guidance to $22.0–24.0 billion versus expected $21.3 billion, with adjusted EPS guidance of $1.85–2.05 compared to consensus of $1.77.

Cleveland Federal Reserve President Hammack said today that the labor market remains in good condition. The assessment reflects optimism about employment trends, though Hammack did not provide specific labor data in the statement.

Dell Technologies Inc. (DELL) shares were on track to reach $500 for the first time on Thursday, driven by strong earnings from Chinese competitor Lenovo Group and robust guidance from Super Micro Computer Inc. (SMCI). Lenovo reported a 43% year-on-year revenue surge to $26.94 billion in the April-June quarter, beating Wall Street expectations of $22.44 billion, according to Fiscal.ai data. The company's AI-related revenue surged 60% during the period to $9.3 billion, accounting for 35% of total

According to Guru Club, China's commodity futures markets opened mixed on the night of August 13. Soybeans rose 1.22%, glass gained 0.81%, coking coal increased 0.72%, and tin climbed 0.33%. Crude oil fell 1.48%, ethylene glycol dropped over 1%, and liquefied gas declined 0.86%.

According to a Rotterdam Port Authority spokesperson on August 13, the explosion occurred at an energy storage facility operated by oil trader Gonwoord Group. The port authority clarified that the blackout and the explosion are unrelated.

According to Guru Club, DeepSeek Harness launched its v0.1 developer preview today (August 13), available for global developers with source code open sourced under the MIT license. The early preview uses a plugin-based architecture, with all agent capabilities—including models, tools, skills, sessions, sandboxes, storage, loops, scheduling, and UI—delivered as interchangeable, reconfigurable components.