Gate Crypto Flash News and Market Updates

According to on-chain analyst Yan Jing via ChainCatcher, the trader 麻吉大哥 has held a long position in Ethereum valued at $48.22 million with an unrealized gain of $3.34 million after continuous trading over one year, having weathered hundreds to thousands of liquidations. The cumulative realized loss stands at $31.5 million.

According to Bitget data, on Aug 20, Japan's Nikkei 225 index opened up 0.71% at 65,787.53 points. South Korea's KOSPI index surged 3.2% at the open, with SK Hynix up over 7% and Samsung Electronics rising over 3%.

According to LS Securities researcher Hwang San-hae, Nvidia's earnings report scheduled for Aug 27 is expected to benefit South Korean equities including LG Electronics and Doosan Group, as the two companies are key participants in Nvidia's supply chain and ecosystem.

According to U.S. Central Command on August 19, American military operations have forced 65 merchant vessels to alter their routes through the Strait of Hormuz, with 3 ships rendered immobile and 2 boarded for inspection. Meanwhile, Iran announced discussions with Oman regarding a new maritime corridor, with Iranian lawmakers indicating an imminent joint statement will disclose the alternative passage. President Trump stated the U.S. maintains complete control over the strait and may continue im

According to the U.S. State Department, Secretary of State Marco Rubio will meet with Canada's Foreign Minister on Thursday. The bilateral meeting marks continued diplomatic engagement between the two nations.

According to Yonhap Infomax, on August 20, Nexus Financial Management Institute officially launched 'Nexus Financial Briefing,' a free financial knowledge platform with no registration or payment required. The platform contains 547 articles covering 228 financial products, 193 financial incidents dating from 1999 to present, 96 regulatory frameworks, and 30 loss relief procedures. Financial products are organized across six sectors including banking, investment, and insurance, with details on co

According to Odaily, whale 'First Set 10 Targets' opened a short position of 1,894.784 BTC at 69,826.89 USDT, currently holding $601,700 in unrealized profits. The trader set a stop loss at $70,400 and profit targets between $68,000 and $66,500.

According to BlockBeats, on August 20, the U.S. Commodity Futures Trading Commission (CFTC) opened public comment on artificial intelligence compute futures contracts. The Chicago Mercantile Exchange (CME), Intercontinental Exchange, and Architect Financial Technologies plan to launch such contracts upon regulatory approval, intending to help end users and traders hedge risks related to energy shortages or challenges affecting AI developer progress.

According to Coinglass, crypto markets saw $29.87 billion in liquidations over the past 24 hours, with short positions accounting for $27.39 billion and long positions $2.48 billion. Bitcoin liquidations reached $14.19 billion, followed by Ethereum at $11.09 billion.

According to Ondo Finance, Ondo Perps, which launched in July, has reached over $100 million in open interest (OI). Following data from DefiLlama, the platform now ranks third among RWA perpetuals trading platforms within weeks of launch. Additionally, Ondo Stocks, which launched in September 2025, has accumulated over 270,000 holders.

According to CCTV News, on August 19, President Trump announced what he called the harshest economic sanctions ever imposed on any nation, targeting Iran. He stated this would constitute an unprecedented "economic war and economic isolation." Trump's measures include stopping oil smuggling, currency swaps, cash transfers, ship registration, and shell company operations. He warned that any country allowing its financial institutions, enterprises, airports, or government entities to support Iran w

According to Yonhap Infomax, Son Seung-tae, a veteran executive from Korea Exchange (KRX), joined KDX—a fractional investment over-the-counter exchange—as head of strategic planning in August. At KRX's commodities market division, Son led the gold market to record historic profitability in 2025 and resolved the "kimchi premium" by expanding gold supply through physical dealers and overseas market participation. KDX, majority-backed by KRX, is preparing for full regulatory approval to begin marke

According to Japan's Ministry of Finance, crude oil imports increased 5.5% year-over-year in July, while liquefied natural gas imports declined 4.8% to 5.014 million tons over the same period.

According to Japan's Ministry of Finance, the country's thermal coal imports in July fell 9.1% year-over-year to 8.816 million tons.

For the week ending August 14, foreign investors reduced net purchases of Japanese government bonds by 12.499 trillion yen, compared to a revised net outflow of 567 billion yen in the prior period.

Foreign investors had net outflows of 12.499 trillion yen from Japanese bonds during the week ended August 14, compared to net outflows of 587 billion yen in the previous week.

Japan's adjusted merchandise trade balance for July came in at 685.6 billion yen in deficit, falling short of the forecasted 407.6 billion yen deficit. The result shows a modest improvement from June's 881.9 billion yen deficit.

Japan purchased 1.39 trillion yen in foreign stocks in the week ended August 14, according to official data. The prior week's figure was revised down to 927.4 billion yen from the initially reported 963.5 billion yen.

According to Japan's Ministry of Finance, the country's exports rose 22% year-over-year to the United States in July, while exports to the European Union increased 19.1% and shipments to Asia grew 24.5%.

Japan's seasonally adjusted merchandise trade balance fell to a deficit of 697.93 billion yen in July, worse than the expected deficit of 442 billion yen and compared to a deficit of 881.9 billion yen in June.