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.
2026-08-20
23:09

South Korea's Producer Price Index Falls 0.4% in July Amid Lower Oil Prices

According to the Bank of Korea's preliminary producer price index released on August 21, South Korea's producer prices declined 0.4% month-on-month in July 2026, while rising 7.7% year-on-year. Industrial goods prices fell 0.5%, with coal and petroleum products down 5.1% and chemical products declining 1.3%. Electricity, gas, water, and waste prices also contributed to the downward pressure, falling 0.6%.
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23:08

KCC Announces 50% Special Dividend Reinvestment Plan, Accelerates Shareholder Returns

According to Samsung Securities, on August 21, KCC announced its 2026 value enhancement plan, which includes reinvesting over 50% of special dividends received from Samsung C&T back to shareholders. The plan also incorporates investment asset monetization as an explicit shareholder return mechanism. KCC will complete treasury stock cancellations of 1.14 million shares across four phases, with the first phase completed in the second quarter and subsequent phases scheduled for the fourth quarter o
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23:07

SK Hynix Records 60.5 Trillion Won Q2 Operating Profit, Misses Consensus by 5% as Stock Declines

SK Hynix recorded record operating profit of 60.5 trillion won in the second quarter, up 61% from the previous quarter. Despite this historic result, the company fell short of securities consensus estimates by approximately 5%, prompting a sharp stock decline immediately after earnings disclosure. The shortfall signals a shift in market focus from absolute earnings magnitude to whether results exceed expectations, highlighting heightened investor scrutiny amid broader South Korean market volatil
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23:04

Micron CEO: AI Has Fundamentally Changed Memory Chip Demand, Announces $250B U.S. Investment

According to CNBC, Micron CEO Sanjay Mehrotra said on Thursday that artificial intelligence has fundamentally altered the memory chip industry's traditionally cyclical boom-and-bust pattern. Speaking on Mad Money, Mehrotra stated that AI systems require increasingly more memory, higher performance, and lower power consumption, reshaping the value proposition for memory manufacturers. The company is investing $250 billion in U.S. manufacturing and research, with a major fab site near its Boise, I
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23:03

Russia Strikes Kyiv, Death Toll Rises to 15 Overnight of August 19-20

According to Kyiv Mayor Vitali Klitschko, Russian airstrikes on the Ukrainian capital overnight of August 19-20 have killed 15 people and injured 39 others. The death toll from the large-scale attack was confirmed on August 20 afternoon via the mayor's social media statement.
23:02

Samsung Electronics Eyes Over 100 Trillion Won Shareholder Return This Month, 720 Trillion Won Planned for 2027-2028

According to multiple securities firms analyzing Samsung Electronics' cash flow, the company is expected to announce detailed shareholder return plans this month based on its current 2024-2026 policy framework. With AI memory demand driving a surge in free cash flow (FCF), analysts estimate additional shareholder returns this year could exceed 100 trillion won. Looking ahead, Samsung's projected FCF for 2027-2028 combined is estimated near 720 trillion won; if the company maintains its current 5
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23:02

Hyundai Expands Georgia Plant Capacity to 800K Units by 2028 With $26 Billion Investment

According to CEO Jose Munoz in a CNBC interview on August 20, Hyundai Motor Group plans to expand its Georgia facility's annual capacity from 500,000 units to 700,000–800,000 units by 2028. The company will invest $26 billion in U.S. operations through 2028, with the goal of raising local production share to over 80% by 2030. Munoz noted that tariff policies from the Trump administration are accelerating localization efforts. "Tariffs are helping us speed up our localization plan," he said, addi
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23:01

Trump Signs Memorandum to Support 1,000+ Annual U.S. Space Launches by 2030, Explores Commercial Mars Robots

According to CCTV, on August 20, U.S. President Trump signed a memorandum directing American spaceports and related facilities to support more than 1,000 launches and re-entry missions annually by 2030. The directive calls for expanding space launch infrastructure, opening federal launch sites to commercial users, and accelerating facility licensing and environmental reviews. NASA was tasked with developing commercial lunar logistics architecture and exploring commercial robotic Mars landings, a
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23:01

RWA Trades Reshape DeFi Platform Economics; Trade.xyz May Demand Higher Fees If It Captures 90% of Hyperliquid Volume

According to ARK Invest digital asset research lead Lorenzo Valente on July 23, real-world asset (RWA) trading venues can scale with minimal reliance on Bitcoin and Ethereum liquidity. Data showed RWAs accounted for 54% of Hyperliquid's weekly trading volume, with equities comprising 61% of RWA trades. The platform's perpetual contract trading reached $79 billion, with Hyperliquid capturing $50 billion. Valente suggested that if Trade.xyz captures 90% of Hyperliquid's trading volume, it could de
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HYPE6.94%
BTC4.55%
ETH6.77%
23:00

APEC Energy Think Tank Forum Held in Dalian on August 20 With Over 100 Representatives From 16 Member Economies

According to Jin10, the APEC Energy Think Tank Forum convened in Dalian on August 20, bringing together over 100 representatives from 16 APEC member economies, international organizations, think tanks, and research institutions. Participants discussed energy security and regional resilience, energy technology and innovation cooperation, and multilateral collaboration and think tank network development. Attendees reached consensus that member economies should deepen regional cooperation through i
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22:58

Deere Beats Q3 Earnings Expectations, Stock Surges 6.94% on August 20

According to CNBC, on August 20, Deere & Company (NYSE: DE) reported third-quarter earnings per share of $5.10, exceeding LSEG's consensus estimate of $4.70. Revenue reached $11 billion, surpassing the consensus projection of $10.73 billion. The company also raised its full-year net income guidance to $4.75 billion to $5 billion, aligning with Factset's average forecast of $4.88 billion. Deere attributed the strong performance to robust demand and pricing power in its core agricultural equipment
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22:52

Bessent's Expanded Treasury Buyback Plan Fails to Lower Long-Dated Yields on Aug 20

According to Wall Street analysts, on Thursday (August 20), U.S. Treasury Secretary Bessent's expanded long-dated debt buyback program failed to durably suppress bond yields. After the Treasury announced it would at least double the buyback size starting early September, long-term Treasury yields initially fell but quickly rebounded, raising questions about whether the effort is sufficient to counter mounting pressures on the debt market. Analysts at Evercore ISI described the buyback as a "weak
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22:49

SK Hynix Seeks to Build First Semiconductor Plant in Japan's Miyagi Prefecture

According to reports from Korean Herald and Bloomberg, SK Hynix is seeking to establish its first semiconductor manufacturing facility in Miyagi Prefecture, Japan. The investment could reach tens of trillions of Korean won, marking the first production base in Japan for the Korean chipmaker. SK Group Chairman Chey Tae-won recently visited the region, according to industry sources. SK Hynix stated that any location with necessary infrastructure could be a candidate site, but no final decision has
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