Gate Crypto Flash News and Market Updates

According to Seoul Economic Daily, as of August 21, gold prices rebounded to $4,680 per ounce, up 17.25% in one month, while gold-mining ETFs surged 40% within the same period. The Wisdomtree Efficient Gold + Gold Mining Strategy ETF (GDMN) gained 47.60%, while the iShares MSCI Global Gold Miners ETF (RING) rose 42.85%. The Van Eck Gold Miners ETF (GDX) and Global X Gold Explorers ETF (GOEX) each climbed 38.60%. Gold prices had dropped to a low of $3,992 per ounce in July before recovering. The

According to Korea Exchange, KOSPI's daily average turnover rate fell to 0.56% as of August 23, marking the lowest level so far this year. Despite semiconductor leaders Samsung Electronics and SK Hynix driving a rebound in the index, investor sentiment remains subdued, with trading volumes continuing to decline. The reluctance of institutional and retail investors to participate in the market reflects ongoing caution in South Korea's equity market.

Ukraine's defense ministry faces a funding shortfall of $27 billion this year, according to President Volodymyr Zelenskyy. The disclosure highlights ongoing financial pressures on Kyiv's military operations.

According to Seoul Ekonomi, as of August 20, 45 out of 1,161 listed ETFs in South Korea held assets below 50 billion won, representing approximately 3.9% of the market. Under current regulations, ETF products with original capital below 50 billion won for one month after one year from launch can trigger liquidation proceedings. Recent examples include Hana Asset Management's PLUS Global AI Infrastructure, slated for delisting on August 27, and KB Asset Management's RISE 5-Year Treasury Futures T

According to TradingBeats, Huang Licheng ("Machi") reduced his ETH long position by approximately $1.02 million on August 23. His remaining ETH long holds a value of $68.77 million with an entry price of $2,357 and a liquidation price of $2,189.8, generating unrealized gains of $1.59 million.

According to Iraq's President Amidie on August 22, some oil tankers carrying Iraqi crude have been permitted to pass through the Strait of Hormuz. The statement came following Amidie's communications with visiting Iranian Parliament Speaker Kalibaev, during which Iraq conveyed a message regarding reassessing bilateral relations with Iran.

According to Seoul Economic Daily, after strengthened regulations on single-stock leveraged ETFs took effect on July 31, investors in their 40s purchased the most of the products, with net inflows of 14.87 billion Korean won through August 20. Analysts attribute this to 40-year-olds having relatively more liquid cash after margin requirements increased from 10 million to 30 million Korean won. Investors in their 50s and 30s purchased 7.87 billion and 5.37 billion Korean won worth respectively. D

According to ChainCatcher, Robert Kiyosaki, author of "Rich Dad Poor Dad," warned on X that the U.S. Federal Reserve's new quantitative easing policy could erode the U.S. dollar's purchasing power and further increase inflation risk. Kiyosaki stated that those holding cash savings in dollars face the greatest losses, and advised investors to avoid relying on depreciating fiat currency and instead focus on assets capable of appreciating over time.

According to BlockBeats, citing HODL15Capital data, Bitcoin sell orders accumulated near the $80,000 level on major exchanges on August 23. Binance held approximately $13.2 million in sell orders at the $80,000 mark, alongside $31.98 million at $79,945 and $33.27 million at $82,500. Coinbase had roughly $38.74 million in orders near $80,000. HODL15Capital noted that many of these orders have been active for extended periods, with some at Binance's $80,000 level existing for about 99 days and tho

According to Seoul Economic Daily, LG U+ reported first-half 2026 operating profit of 616.7 billion won, up 10.1% year-over-year, with net income rising 3.7% to 393.7 billion won. The telecom operator's service revenue reached 6.06 trillion won, growing 2.9%, reflecting strength in mobile and smart home services. The company's AI Data Center (AIDC) business accelerated, with H1 revenue up 28.9% to 124.1 billion won driven by colocation services. LG U+'s flagship Paju facility, a 200-megawatt com

B.AI has launched DeepSeek's new multimodal model DeepSeek-V4-Flash-Vision-Exp today, making it freely available to all users via API. The model extends DeepSeek-V4-Flash's text and code capabilities with native image understanding, delivering multimodal performance approaching Claude Opus-4.8. It supports mixed image-text input and 1M-token context window. Image input is charged per token with a maximum of 384 tokens per image. Users can access the model at no cost through the B.AI platform.

According to Seoul Economic Daily, NextTrade's trading volume limit exemption expires in early September, putting the alternative exchange's listed stocks at risk of further reduction. The exchange has already shrunk its trading targets from 796 stocks in March 2025 to 610 stocks, a decline of 186 stocks or 23.4%. Current regulations cap individual stock volume at 30% of South Korea's main exchange and overall market volume at 15%. When the exemption ends on September 2, the stricter 30% per-sto

According to F&Guide, LG Uplus' consensus target stock price reached 20,139 won on August 23, suggesting 35% upside from the August 21 close of 14,870 won. Analysts cited improved profitability in core telecom operations and cost efficiency gains. BNK Investment Securities and KB Securities projected full-year operating profit of 1.13 trillion to 1.165 trillion won. The company aims to maintain a dividend payout ratio exceeding 40% and raise total shareholder returns to 40-60%, with dividend yie

According to ChainCatcher, a whale leveraging long positions on ETH and BTC charged 3000 ETH worth $7.24 million to Binance 4 hours ago on Aug 23, realizing profits of $1.91 million. The whale executed the deposit at an average price of $2,413.4, compared to an average exit price of $1,776.83. Since Aug 19, the whale has cumulatively deposited 13,887.15 ETH to exchanges, generating total profits of $6.727 million.

According to Money Today analyst Park Jun-young, SK Hynix announced on August 19 a 40 trillion won share buyback and cancellation program, combined with dividend distribution, to return over 50% of cumulative free cash flow through 2027. The company projects total shareholder returns exceeding 245 trillion won over the three-year period. Park noted the buyback is unlikely to be a one-time measure, with expectations for continued execution to increase per-share value. SK Hynix shifted its 50% FCF

According to Daily Economy, Kiwoom Asset Management will launch the 'KIWOOM Samsung-SK Group TOP4+' ETF on September 1, with Samsung Electronics and SK Hynix comprising 50% of holdings. The fund will also include Samsung Electro-Mechanics, SK Square, Samsung C&T, Samsung Life Insurance, and SK. Meanwhile, U.S. asset manager Roundhill Investments, known for its memory chip-focused DRAM ETF, filed for approval to launch a 'Roundhill Samsung Group' ETF on August 12, with a listing expected in Octob

According to Kyodo News, on August 23, Japan's Cabinet led by Prime Minister Takaichi Sanae saw its approval rating drop to 50.2%, marking the lowest level since taking office.

According to bond market analysts on August 23, South Korea's central bank is expected to raise its base rate by 0.25 percentage points to 3.0% from the current 2.75% at the monetary policy committee meeting scheduled for August 27. Core inflation reached 2.6% year-over-year in July, the highest level in 27 months, according to government data. International credit rating agency Moody's also raised South Korea's 2026 GDP growth forecast to 3.5% from 2.1% previously, citing semiconductor supercyc

According to Mirae Asset Asset Management, its U.S. subsidiary Global X filed for listing of the Global X Magnificent 6 ETF on the U.S. stock market on August 23. The fund will trade under ticker symbol SIX and holds six components: Nvidia, Apple, Alphabet, Microsoft, Amazon, and Meta. The product excludes Tesla from the Magnificent 7 group and is expected to list after October 28, 2026, when the fund becomes effective.

According to BlockBeats, on August 23, the S&P Global U.S. Composite PMI index rose 1.5 points to 56.0 in August, marking the highest level since April 2022 and the third consecutive month of growth. The services PMI increased 2.2 points to 56.8, the highest since March 2022, while the manufacturing PMI declined 0.7 points to 53.9, remaining in expansion territory. U.S. companies accelerated hiring, particularly in the services sector, at the fastest pace since January 2025. These figures sugges