Gate Crypto Flash News and Market Updates

Walmart and Target delivered sharply divergent earnings reactions this week. Walmart stock fell 8% on Thursday following its fiscal Q2 earnings report—its worst day in over four years—as investors focused on weaker U.S. sales momentum. Comparable sales grew just 2.6%, the slowest pace since 2020, while in-store traffic declined for a third straight quarter. Target stock, meanwhile, climbed to a 52-week high on Wednesday and posted a fourth consecutive week of gains, buoyed by stronger comparable

According to Tom Hayes, founder of Great Hill Capital, Berkshire Hathaway will fail to outperform the S&P 500 over the next decade, marking an end to the company's era of excess returns. Hayes stated that the conglomerate's size and future leadership transitions will make it increasingly difficult to identify investment opportunities with meaningful impact on overall returns. Hayes has shifted his positioning toward undervalued names instead. He highlighted PayPal, citing its $6 billion annual f

According to Optimism governance, the collective approved a proposal on August 21 redirecting 546.9 million OP tokens (worth approximately $49.7 million) from the airdrop reserve to a strategic ecosystem fund managed by the Optimism Foundation. On-chain voting passed with 17.974 million OP in support versus 10.931 million in opposition. The foundation stated it has already distributed 269.1 million OP through five previous airdrops, noting that broader user acquisition no longer aligns with curr

According to Coinbase CEO Brian Armstrong on August 21, U.S. crypto regulatory clarity could arrive by mid-September through one of two potential pathways. The first involves the U.S. Senate securing over 60 votes on September 15; the second is the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) issuing new rules on September 16.

According to Korea Exchange, South Korea's KOSPI index fell 1.35% to 6,759.95 points on August 21, as U.S. 10-year Treasury yields rebounded to 4.7% following the Treasury Department's bond buyback announcement. The 30-year U.S. Treasury yield reached 5.33% on August 18, marking the highest level since 2007. South Korea's 30-year government bond yield also hit 4.787% on the same day, the highest since 2012. The rally was partially offset by SK Hynix's announcement of 40 trillion Korean won in sh

According to ChainCatcher, Hungary's parliament passed Act No. XXXVIII of 2026 on July 31, abolishing verification requirements for crypto asset conversion services and eliminating associated criminal penalties, effective August 7. The law cancels two crypto-related offenses: unauthorized trading of high-value crypto assets (previously up to 5 years imprisonment) and violating verification obligations to provide crypto asset conversion services (previously up to 8 years imprisonment). The regula

According to Bitget, SOL broke above 90 USDT today, trading at 90.03 USDT with intraday gains of 2.72%.

According to Rappler, Eugenio 'Gabby' Lopez III sold his family's 25.68% stake in Lopez Inc. to tycoon Ramon S. Ang on August 10, 2026, to fund a P6 billion recapitalization plan for struggling media company ABS-CBN Corporation. The capital infusion includes P3.5 billion from investment firm I&C Holdings, P2.2 billion from Lopez family branches, and P300 million from Lopez Inc. via issuance of 1.6 billion new shares. ABS-CBN's stock surged 12.6% following the announcement, rising from P3.65 to P

According to Gate data, Solana (SOL/USDT) broke through the $90 mark today with a 24-hour gain of 5.97%.

According to its value enhancement plan announced on August 20, KCC will create a special dividend tied to Samsung C&T distributions, allowing it to redistribute at least 50% of the special dividend received from Samsung C&T to shareholders. The special dividend is calculated by subtracting a minimum dividend of 2,500 won per share from Samsung C&T's per-share payout. Under a maximum scenario assuming 70% special dividend ratio at Samsung Electronics and 70% payout rate at Samsung C&T, KCC's tot

According to Bitcoin.com News analysis, the 13 manufacturers of Bitcoin hardware wallets responded to the Coldcard exploit with notably different speeds and strategies during the crisis in late July and early August. Response times varied by more than one day across manufacturers, with Block's Bitkey and Blockstream's Jade among the fastest to warn users, while some took over 14 hours to post on social media. Open-source wallets including Passport Prime, Trezor, Bitbox, Keystone, and Blockstream

According to ChainCatcher, citing 8 Market data, Bitcoin's market cap reached $1.5 trillion today (Aug 21), surpassing Meta's $1.39 trillion valuation and ranking 13th among global assets. Ethereum's market cap also climbed to $283.89 billion, overtaking Dell to rank 72nd globally.

According to Cointelegraph, World Liberty Financial launched its first USD1-settled traditional finance perpetual futures market on Aster on August 21. The market is supported by 250 million WLFI and 12.5 million USD1 in liquidity.

According to 8 Market data on August 21, Bitcoin's market cap reached approximately $1.5 trillion, surpassing Meta's $1.39 trillion valuation and securing the 13th position among global assets. Ethereum's market cap also climbed to $283.89 billion, overtaking Dell to rank 72nd globally.

According to Korea Exchange, the program trading order liquidity halting system (sidecar mechanism) triggered nearly 50 times on the KOSPI market as of August 21, 2026. The automatic circuit-breaker, designed to prevent market volatility during extreme fluctuations, has been activating with increasing frequency this year, prompting calls to reassess the mechanism's effectiveness and adjust triggering criteria to better match current trading conditions.

According to industry reports, three listed companies filed for provisional disposition against the Korea Exchange on August 18-19 over newly accelerated market capitalization-based delisting criteria. Their legal representative, Law Firm Chambers, submitted a preliminary statement to the court on August 18, with the exchange's counsel filing a response on August 19, marking the beginning of legal proceedings over the delisting threshold.

According to Jin10 Futures, as of 10:15 on August 21, the CFETS-NEX liquidity sentiment index reported 55, down 1 point from 08:45. The index measures liquidity stress on a 0–100 scale, with 50 as neutral and readings above 50 indicating tightening conditions. Large banks' index fell to 54, mid-size banks to 57, and non-bank institutions to 53, each down 1 point.

According to shipping data, traffic of vessels through the Strait of Hormuz slowed compared to the previous day, holding at single-digit levels.

According to Walmart's Q2 earnings report released today, the retailer's stock plunged over 9% after reporting same-store sales growth of 2.6%, marking a six-year low despite revenue and adjusted earnings per share beating market expectations. Revenue reached $187.94 billion, topping the forecast of $186.87 billion, while adjusted EPS hit $0.81 versus the expected $0.70. However, the company lowered its full-year EPS guidance to $2.80-$2.87, below the consensus estimate of $2.90, and projected Q

According to Newsis, over the past two years, major South Korean listed REITs have plummeted 60–67% while the KOSPI rose 2.6x. KB StarREITs fell 67%, Shinhan Global Active REITs dropped 63%, and Marston Premier REITs declined 62%. The losses were triggered by global commercial real estate weakness, rising interest rates, and investor confidence collapse following JR Global REITs' rehabilitation filing in April 2026. The benchmark 10-year Treasury spread is now 660 basis points above REIT yields,