Gate Crypto Flash News and Market Updates

According to EIA, the U.S. natural gas inventory for the week ending August 14 is due to be released shortly.

According to Yonhap Infomax, on August 20, single-stock leveraged and inverse ETFs (16 products) recorded 1.0574 trillion won in trading volume, up 35.2% from the previous day, surpassing 1 trillion won in cumulative volume within two days. Retail investors sold off 93.6 billion won across four major products, including 512 billion won net selling of KODEX SK Hynix single-stock leveraged ETF and 233 billion won from TIGER variant. This profit-taking emerged as Samsung Electronics surged 9.49% an

Gate News message, trader 0x004e has opened short positions totaling approximately $81.6M in BTC and ETH. The current positions include 20,000 ETH valued at $45.69M and 500 BTC valued at $35.93M. The liquidation prices are set at $2,327.03 for ETH and $72,755.85 for BTC.

RBC Capital analyst Trung Huynh downgraded Merck (MRK) to 'Sector Perform' from 'Outperform' today, raising the price target to $150 from $142, according to reports. While describing the Phase 3 melanoma trial results as exceeding expectations, Huynh flagged the stock's $150 valuation as 'unprecedented' for a company facing major patent expiration in 2028. Keytruda, Merck's best-selling cancer drug generating over $30 billion in 2025, will lose exclusivity protection beginning in 2028, accountin

According to ChainCatcher, a Bitcoin wallet created in 2014 transferred 1,214.42 BTC in the past 24 hours, worth approximately $86 million. The transfer involved 21 transactions of 50 BTC each, consolidating funds from P2PKH addresses to a new P2WPKH address, with some transactions completed in the same block. Arkham entity labels show no exchange associations. The wallet holder purchased the Bitcoin at a cost basis of $310 to $427 per coin, representing a gain of at least 16,645% at current mar

According to CNBC, on Tuesday, beverage company Liquid Death and Garage Beer released a 90-second satirical video pledging to "send your pee to the AI data center of your choice," humorously highlighting the massive water consumption required to operate AI data centers. The video dropped the same day voters in Florida held gubernatorial primaries, with data centers emerging as a central campaign issue. Rep. Byron Donalds, the leading Republican candidate backed by President Donald Trump, won eas

According to PANews, Waymo developed a custom ASIC chip for its autonomous robotaxis today (August 20), with computing power exceeding 1,000 TOPS and manufactured using TSMC's 5-nanometer process. The chip has entered mass production in Waymo's latest-generation autonomous vehicles, designed to improve reaction speed and navigation capabilities while reducing reliance on third-party suppliers like Nvidia.

According to Beating News, Anthropic is preparing to issue high-voting-power shares to CEO Dario Amodei and other co-founders, allowing them to maintain greater control after the company's potential September IPO. The initiative addresses the founders' low equity stakes—Dario currently holds approximately 2% of the company. High-voting shares enable founders to exercise greater voting control with fewer shares, reducing pressure from external shareholders post-listing. Anthropically has an addit

According to Variety, Ben McKenzie's anti-cryptocurrency documentary "Everyone Is Lying to You for Money" will begin streaming globally on August 22 through Eventive, an independent film platform, after major streaming services declined to license it. The 90-minute film, self-financed by McKenzie for approximately $1 million, will be available for a $19.98 ticket covering live broadcast access and on-demand viewing through September 5, with a 48-hour window to finish once viewing begins. The rel

According to CNBC, OpenAI's CFO Sarah Friar told employees on Wednesday that the company will be a public company in 2027 if business continues to inflect. Friar described the IPO as a milestone rather than a finish line, noting that a $122 billion funding round in March gave the company flexibility on timing. At the all-hands meeting, Friar highlighted that enterprise revenue has now surpassed consumer revenue, reversing a roughly 60-40 split favoring consumers at the start of the year. The com

According to Tasnim News Agency, Houthi forces recently launched attacks using unmanned drones targeting Najran Airport and Saudi Aramco oil facilities.

According to South Korea's Minister of Trade, Industry and Energy Kim Jung-gwan on August 20, Seoul and Washington have made "substantial progress" in negotiations over South Korean investment in the U.S. The two sides are discussing an initial energy sector investment project, slated for public announcement in September. Kim noted that during his visit, he held consecutive two-day talks with U.S. Commerce Secretary Luttnik, resolving multiple outstanding issues. Remaining disagreements will be

According to BlockBeats, Blockstream CEO and early Bitcoin contributor Adam Back stated on August 20 that Bitcoin reaching 1 million dollars will happen faster than people anticipate, with Bitcoin's market value eventually matching that of gold.

According to on-chain detective Specter, 73 BTC worth $4.6 million originated from Whirlpool mixer two weeks ago. The funds were subsequently bridged to Ethereum and deposited through a phishing Tornado Cash interface, with two mixers used throughout the transfer process.

According to Yonhapinfomax, SK Hynix's American Depositary Receipts (ADR) climbed 5.1% to $164.13 on August 20, 2026, extending a two-day rally. The company announced it will acquire 650,000 shares beginning August 20, valued at approximately 1 trillion Korean won. SK Hynix previously committed to repurchasing 40.043 trillion won in shares by November 19, with Barclays maintaining a $300 price target for the ADR, implying a roughly twofold increase from current levels.

According to Yonhap Infomax, on August 20 (US Eastern Time), the US Dollar Index fell to 98.726, down 0.072% from the previous close, pressured by the US Treasury's decision to double its bond buyback limit to a minimum of $4 billion. The move aims to suppress long-term interest rates. However, gains in crude oil prices amid escalating US-Iran tensions limited the dollar's decline. West Texas Intermediate crude for October delivery rose nearly 3% to around $88 per barrel. US President Donald Tru

According to Israeli forces, the Israeli Air Force has completed relocating a helicopter squadron from Ramon Air Base in the south to Ramat David Air Base in the north. The military stated the move aims to better defend the northern border and reflects lessons learned from security threats in the region.

According to The Block, Chainlink Labs Head of Institutional Strategy Andrew McCormick said at the Wyoming Blockchain Symposium 2026 that AI agents and robots will increasingly become sources of blockchain activity as autonomous systems need ways to transact and communicate. McCormick also expects advances in AI to make blockchain development cheaper, supporting a future with multiple networks. He highlighted potential use cases ranging from autonomous trading when owners are unavailable to huma

According to Trump's statement yesterday, the CFTC chair is working to bring Hyperliquid into the United States in a fully compliant and legal fashion. The announcement sparked a market rally, with HYPE surging 23% to $72 and LIT jumping 20%. Bitcoin hit $72.1k, Ethereum climbed to $2,300, and Solana rose to $87. The broader crypto market saw over $3 billion in shorts liquidated in the past 24 hours. Bitcoin ETFs recorded $517M in net inflows on Wednesday, the largest single day since May, while

According to Justyna Zabinska-La Monica, senior manager of the Conference Board's business cycle indicators, the six-month growth rate of the Leading Economic Index turned positive recently for the first time in over four years, signaling that economic growth should remain modest in the period ahead.