Gate Crypto Flash News and Market Updates

According to Chosun Biz on August 26, Kam Investment Management achieved 307.4 billion won in net profit in Q2 2026, marking a record for the three-year-old asset manager. The company's AUM (assets under management) exceeded 2 trillion won in May, driven by concentrated investments in domestic equities and leveraged positions. With only 15 employees, the firm outpaced major asset managers employing over 1,000 staff. The company's operating profit margin reached 93.4%, with equity holdings genera

According to Nvidia CFO, on August 26, the company announced it has begun full-scale production of its next-generation Vera central processor. Vera Rubin is expected to generate $40 billion in revenue per gigawatt of computing power.

The U.S. crypto and digital asset-linked index fell 2.80% in the past 24 hours, closing at 70.18 points. Bitcoin rose 0.29% to $78,431.19, reaching a high of $79,235.61 at 10:27 a.m. Beijing time. Ethereum advanced 1.42% to $2,471.35, having peaked at $2,482.90 at 3:24 a.m.

According to News1, on August 25, SK Innovation announced the absorption of its subsidiary SK IE Technology (SKIET). The merger sent contradictory signals: SK Innovation's stock fell 14.5% over two trading days through August 26, while SKIET shares closed at the daily limit. SK Innovation already holds 53.35% of SKIET, with the merger ratio set at 1:0.117454. SKIET has faced mounting losses since 2023 due to weakening EV demand and Chinese competitors' price pressure, posting a net loss of 1.3 t

South Korea's target date funds (TDFs) have quietly grown to near 18 trillion won in assets under management, more than doubling over the past three years, driven by rising adoption among retirement savings accounts. TDFs have become an increasingly popular core asset allocation tool for retirement planning, mirroring their established role in U.S. pension portfolios. The expansion reflects regulatory relaxation and the launch of new TDF products, broadening investment options for Korean investo

According to Bitcoin.com News, Bitcoin traded between $77,000 and $79,000 on August 26 as its 20% rally showed signs of fading. The digital asset failed to breach the $79,000 level after 5:00 a.m. EST, with liquidations topping $88 million, of which $77 million involved wiped-out leveraged long positions. Crypto-wide liquidations surpassed $302 million. Bybit chief market analyst Han Tan warned that Bitcoin faces significant macro risks. He noted that BTC must reclaim the $82,500-$83,000 region

According to ChainCatcher, Nvidia CFO expects 2028 fiscal year revenue to grow approximately 70%.

U.S. Trade Representative Grier stated that the United States has not introduced new requirements in negotiations with Canada as the deadline approaches.

U.S. stock index futures closed higher on Wednesday (August 26). S&P 500 futures gained 0.24%, Dow futures rose 0.19%, and Nasdaq 100 futures advanced 0.52%. Russell 2000 futures fell 0.02%.

CrowdStrike shares surged 11% after the cybersecurity company beat fiscal second-quarter estimates on August 26, with earnings per share of 31 cents versus 29 cents expected and revenue of $1.47 billion versus $1.44 billion expected. The company also boosted full-year guidance on strengthening demand from artificial intelligence threats. Revenue jumped 26% year over year to $1.47 billion, CEO George Kurtz said the quarter was "the best in CrowdStrike's history" and attributed gains to the "Mytho

According to the Blockworks token transparency filing, Umia's token generation event is scheduled for late August 2026 with a starting auction price of $0.12 per UMIA token, denominated in USDC. Total supply is fixed at 50 million tokens minted at genesis, with 40 million comprising launch supply and 10 million reserved for performance milestones tied to time-weighted average price thresholds. At the $0.12 entry price, the fully diluted valuation stands at $6 million, though the auction mechanis

According to BitcoinTreasuries.NET, Strive's SATA has purchased 645 Bitcoin this week, with the fund acquiring 177 BTC today after raising sufficient capital. The fund traded at face value for a fifth consecutive trading day, the first time this has occurred since May 29. Strive is on track to set a new single-week purchase record following its merger.

On Wednesday, August 26, spot gold declined 1.38% to close at $4,592.86 per ounce, continuing a downward trend throughout the day. Spot silver fell 0.81% to $68.0980 per ounce, while COMEX copper futures dropped 1.72% to $6.6985 per pound.

On Wednesday, Aug 26, spot gold fell 1.38% to close at $4,592.86 per ounce, declining throughout the trading session. Spot silver dropped 0.81% to $68.0980 per ounce, while COMEX copper futures declined 1.72% to $6.6985 per pound.

According to Bernstein's analysis reported by The Block, the investment bank predicted Bitcoin will reach $150,000 by mid-2027 and $300,000 by 2029. The predictions are based on the "debasement trade" theme, where investors shift to scarce assets like Bitcoin to hedge against fiat currency depreciation. In a bullish scenario driven by stronger institutional capital inflows, Bitcoin could reach $200,000 by mid-2027 and $500,000 by 2029, with Bernstein maintaining its long-term forecast of approxi

According to ChainCatcher, Nvidia signed a memorandum of understanding with major capital providers in August to establish an independent financing platform aimed at raising over $500 billion in third-party capital.

According to Yonhap Infomax, NVIDIA reported adjusted earnings per share (EPS) of $2.22 for Q2 FY2027 on August 26, exceeding LSEG consensus estimates of $2.10. Revenue reached $96.22 billion, also surpassing the estimate of $92.17 billion. The company issued Q3 revenue guidance of $105.84–110.16 billion, with a midpoint of $108 billion, slightly above market consensus of $108 billion.

According to ChainCatcher, Nvidia will ship both Blackwell and Rubin architecture systems concurrently, though the company is currently facing supply constraints.

According to ChainCatcher, Nvidia stated that a single direct customer contributed 16% of the company's total revenue in the second quarter.

According to ChainCatcher, Nvidia recorded $400 million in charges during the first half of 2026 due to H200 inventory surplus.