Gate Crypto Flash News and Market Updates

According to reporting by the Wall Street Journal, four Senate Democrats led by Chris Van Hollen demanded on August 20 that Federal Reserve Chair Jerome Powell publicly disclose his conversations with Donald Trump. The lawmakers cited discrepancies between Powell's official calendar, which shows no such calls, and actual communications that took place between the two. The senators warned that concealing these contacts could mislead the public into believing the White House is directing monetary

According to Injective, its affiliate Injective Institutional Services became registered with the U.S. Securities and Exchange Commission as a transfer agent on Wednesday, a function that maintains official ownership records and processes transfers for tokenized securities. The registration allows the firm to combine regulated recordkeeping with its Injective Mint tokenization platform, supporting compliance controls for institutional asset issuance and settlement. Injective's native INJ token t

According to Coinglass data, Ethereum open interest surged 11.15% in the past 24 hours to $29.18 billion. Binance leads with $8.04 billion in open interest, followed by Gate at $2.59 billion and Bybit at $2.02 billion.

On August 20, U.S. long-term Treasury yields approached 5%, raising financing costs for AI data center investments and driving broader volatility in risk assets. The semiconductor sector's recent pullback stems from rising interest rates rather than weakening AI demand, as elevated borrowing costs for capital-intensive infrastructure projects pressure equities.

According to The Block, Democratic Sen. Ruben Gallego, a key negotiator on the Clarity Act, said on Wednesday at the SALT conference in Wyoming that Congress can still advance landmark crypto legislation despite stalled ethics negotiations. Gallego stated the White House has sent back multiple ethics proposals "either blank, or they've come back even slightly further back, or we've heard nothing." An ethics provision remains the final hurdle to passing the Clarity Act. Senate Majority Leader Joh

According to the Federal Reserve's latest policy meeting minutes released today (August 20), the Fed's staff predicts overall inflation will decline in the second half of 2026, primarily due to anticipated decreases in retail gasoline prices and modest core inflation moderation. Real GDP growth is projected to slightly exceed potential growth next year, supported by financial conditions and AI-related investment. Unemployment is expected to remain near the Fed's estimated long-term equilibrium l

According to Bloomberg macro strategist Simon White, the S&P 500 faces potential market turbulence as shifts in options market Gamma could rapidly amplify volatility and trigger forced selling. While the index remains less than 1% from recent highs, underlying market structure is weakening as investor flows rotate from semiconductor and AI-related stocks toward lagging sectors like SaaS. This rotation has narrowed market dispersion significantly over the past month, reducing the low-correlation

According to Federal Reserve meeting minutes released on Aug. 20, officials evaluated labor market conditions as stable overall, with unemployment rates holding relatively steady near long-term estimates. However, some officials noted signs of labor market weakness persisting, including low employment rates and elevated long-term unemployment. Officials also observed that nominal wage growth remains moderate and consistent with inflation moving toward 2%, though some flagged upside risks to futu

According to organizers of BVI Finance's Fintech on the Seas conference, the event aims to position the British Virgin Islands as the coordination center for the Caribbean region's digital-asset future. Speaking with TheStreet, Lizzie Barahona, a BVI lawyer and steering committee co-chair, and Ayana Hull, head of regulatory and financial services at Maples Group, outlined plans to establish a regional bloc modeled on cooperation between multiple Caribbean jurisdictions. The conference has expand

According to Bitget, Ethereum broke above 2300 USDT on August 19, trading at 2306.18 USDT with a 20.24% daily gain.

According to Korean Economic TV, U.S. stocks rallied across the board today (August 19) as Treasury yields plummeted following the Treasury Department's expanded long-term bond buyback program. Moderna led gains with a 177% surge on positive Phase 3 clinical trial data for a skin cancer vaccine developed jointly with Merck, lifting biotech equities broadly. However, semiconductor stocks remained under pressure, with the Philadelphia Semiconductor Index declining 2.1%.

According to Jin10, Canadian Prime Minister Mark Carney is pushing to end a partial ban on U.S. alcoholic beverages retail sales on Wednesday, Aug. 20, hoping to facilitate a final U.S.-Canada trade agreement. Nova Scotia's Premier Tim Houston said Carney called provincial leaders requesting they resume U.S. wine and spirits sales in local stores once the deal is finalized. Most Canadian provinces still maintain the ban, including Ontario, Quebec, and British Columbia—the country's three most po

According to Korean Economic TV, the S&P 500 index reversed course overnight (August 18), posting gains after a three-day decline as U.S. equity markets showed modest recovery. Corporate buyback activity was cited as a contributing factor, with Treasury yields also adjusting during the session.

According to Nikkei, Japan's Ministry of Economy, Trade and Industry plans to seek 7.7 trillion yen in its 2027 fiscal year budget.

According to Onchain Lens, Multicoin Capital transferred 136,170 HYPE tokens to Coinbase Prime today (August 19). This follows a previous transfer of 62,730 HYPE tokens, with these deposits potentially intended for sale. The investment firm currently holds 2.02 million HYPE tokens worth approximately $145 million.

According to HyperliquidNews, HypeStrat's DAT mNAV has turned positive, reaching 1.13x today (August 19).

According to HyperliquidNews on X, HLP earned $257,900 over the past 24 hours, equivalent to 0.13% of its total value locked (TVL).

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 9.414 tons yesterday (August 18-19), bringing total holdings to 1,034.654 tons.

According to the Korea Exchange, 21 exchange-traded funds (ETFs) were delisted in South Korea from January 2 through August 19, 2026, with June and July each accounting for five delistings. As of August 18, 167 ETFs held less than 10 billion Korean won (approximately $7.7 million) in net assets, representing 14.37% of all 1,162 listed Korean ETFs. Significantly, 43 ETFs face imminent delisting risk due to net assets below 5 billion Korean won. Delistings have accelerated sharply over the past fi

According to South Korea's Financial Supervisory Service (FSS), the agency extended the guideline on margin exchange requirements for non-cleared over-the-counter (OTC) derivatives transactions on August 20. The extended guideline will take effect from September 2026 and remain in place for one year. The margin exchange requirement mandates that counterparties in non-cleared OTC derivatives transactions exchange collateral in advance.