Gate Crypto Flash News and Market Updates

SK Hynix and Samsung leveraged ETFs recorded a combined $982 million in net outflows in August, marking their first monthly withdrawals since their May launch. SK Hynix-linked products saw $601 million leave, while Samsung funds lost $381 million, signaling a sharp reversal in one of South Korea's most aggressive retail trades. The outflows follow a severe July selloff that exposed the risks of daily leverage. The KOSPI fell 22% that month, while SK Hynix dropped 35.5% and Samsung fell 21.5%, am

According to Chosun Ilbo, South Korea's KOSPI index rose 0.68% to 6,742.74 on August 25, though it faced earlier volatility with a 4% intraday decline. Market participants see the index's direction hinging on three major events this week: Nvidia's earnings report on August 26, Federal Reserve Chair Kevin Powell's Jackson Hole speech on August 28, and South Korea's central bank rate decision on August 27. Nvidia faces investor scrutiny over profit margins as new platform costs and memory price pr

According to co-president Wu Qiang in a Bloomberg TV interview on Tuesday, Leauto expects to deliver 1 million vehicles in 2026. The Chinese automaker delivered 356,487 units in the first half and forecasts monthly deliveries exceeding 100,000 units from now through December. Wu said July marked the first month the company surpassed 100,000 monthly deliveries. Export volumes are projected to reach 200,000 units this year, up from approximately 67,000 units in 2025.

According to the California Attorney General's office, Adam Mosseri, head of Instagram, is expected to testify today (August 25) in ongoing multistate legal proceedings against Meta.

According to HTX market data, BNB breaks the $700 level, now trading at $700.08 with a 24-hour decline of 2.21%.

According to BlockBeats, on August 25, Bitcoin surged to $81,265 on Tuesday then retreated, dipping to $78,111 and breaking below the $80,000 level. Spot gold fell nearly 2% to $4,605 per ounce, retreating from a five-month high of $4,697 earlier in the session. The broader market showed divergence, with the S&P 500 rising 0.2% and Nasdaq gaining 0.5%, while the 30-year U.S. Treasury yield fell below 5.2%. Market participants are closely watching July PCE inflation data and the Jackson Hole Econ

According to RedotPay blog post citing Paymentscan data, stablecoin card spending topped $10.9 billion in cumulative volume in August 2026, with July generating $1.04 billion in transactions—the first time the category cleared a billion-dollar month. RedotPay co-founder Jonathan Chan projected annual spending could reach $50 billion by 2028 based on acceleration from $339 million in July 2025. RedotPay's annualized payment volume stands at $14 billion with $180 million annualized revenue and 8 m

According to Guru Club, Brent crude fell 4% today (August 25), trading at $86.89 per barrel.

According to Coinfomania, Venmo rolled out support for PYUSD stablecoin in mid-August 2026, allowing more than 67 million users to buy, sell, and send the PayPal-backed stablecoin directly within the app. The move marks one of the largest expansions of stablecoin access in a mainstream U.S. payments app. No official trading volume data for Venmo's PYUSD transactions has been disclosed. Data from Crypto Briefing shows Paxos-issued stablecoins USDG and PYUSD combined added $313.6 million in market

According to market analyst Xaif Crypto, XRP exchange outflows reached their highest level since February over the past two weeks, with significant amounts pulled from Binance, Coinbase, Upbit and other major exchanges. Sustained outflows typically indicate holders are moving assets to personal wallets, reducing immediate selling pressure. Data from on-chain analytics platform Santiment shows XRP Ledger active addresses skyrocketed 659% in three days, rising from roughly 47,180 to 358,330. The s

According to Foresight News, Galaxy launched GalaxyOne, a cryptocurrency portfolio lending product enabling investors to borrow against Bitcoin, Ethereum, and Staked SOL collateral through a single credit facility with no fees. The product carries an 8.99% annual interest rate.

According to IBM at Hot Chips conference, the company unveiled a new dual-architecture processor that natively runs both IBM mainframe and Arm instructions with nanosecond-level switching, eliminating the need for emulation or conversion. The 2-nanometer chip features 11 cores, base frequency exceeding 5.7 GHz, and integrates an AI inference accelerator that enables fraud detection during financial transactions. IBM partnered with Arm in April 2026 to expand its mainframe ecosystem. Financial in

According to MSCI, the Nordic Index rose 1.2% today (August 25), reaching 406.87 points and posting its largest single-day gain since July 6. Healthcare was the top-performing sector among the ten board categories.

Iran's Foreign Ministry spokesperson recently criticized the United States' economic policy as an act of global coercion. According to the statement, the U.S. is forcing international banks, enterprises, ports, and governments to comply with its demands or face retaliation. The spokesperson characterized this approach as violating international law, the UN Charter, and core principles of national sovereignty and self-determination.

According to a joint statement issued on August 25, Iran and Oman announced a phased framework aimed at restoring safe navigation through the Strait of Hormuz amid recent regional tensions. The framework includes establishing a temporary joint maritime corridor through the strait and implementing a joint mine-clearance project. Both nations agreed to continue technical discussions to finalize permanent maritime corridor arrangements, management protocols, and information-sharing mechanisms for t

Germany's DAX 30 index closed up 0.64% today at 26,274.75 points. France's benchmark equity index fell 0.09%, while Italy's main index rose 0.30% with its banking sector up 0.26%. The UK stock index closed 0.26% higher.

According to Odaily, on August 25, a source close to Iran's negotiation team said Iran aims to convey its stance and negotiation terms regarding the Strait of Hormuz to the United States through Pakistan. Iran's conditions include the U.S. commitment to honor the Islamabad Memorandum of Understanding and its relevant clauses, with Article 5 specifically addressing Iran's management arrangement for the Strait of Hormuz. The source stated that Pakistan's military leadership was briefed on these co

According to Odaily, Federal Reserve Vice Chair Kimberly Collins said today she currently supports maintaining interest rates unchanged, contingent on seeing more inflation progress toward the Fed's 2% target. Collins stated: "To maintain the current rate target range, we need to continue seeing evidence that inflation is indeed declining. If evidence of sustained inflation decline does not emerge, I believe we should tighten monetary policy promptly." She noted recent inflation data shows moder

According to Odaily, World Liberty Financial announced USD1's native issuance on Canton Network. The integration provides institutions with full-reserve dollar settlement assets that can complete atomic settlement with on-chain assets under the same privacy and compliance controls. Canton Network is a blockchain designed for institutional finance with privacy features.

According to PANews, Arthur Hayes, BitMEX co-founder, stated today that FLOP can be used to store AI agent memories in a decentralized, censorship-resistant manner. Hayes referenced FLOP and Flop Labs in the social media post.