Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
04:12

Shinhan Finance and Visa Agree to Build Stablecoin Financial Infrastructure on August 24

According to Shinhan Finance, the company signed a strategic partnership agreement with Visa on August 24 to develop stablecoin financial infrastructure. Under the pact, Shinhan will validate key stablecoin functions—issuance, remittance, and redemption—using Visa's stablecoin platform and design business models tailored to South Korea's regulatory environment. Both parties will explore real-world applications, including using stablecoins for card payment settlement. They also plan to jointly de
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04:09

MiniMax and Zhipu AI Hit Record Short Positions Ahead of Earnings on August 26-31

According to S&P Global data, short positions in MiniMax reached 20% of freely tradable shares and Zhipu AI reached 6%, both hitting record highs ahead of their mid-year earnings announcements on August 26 and August 31 respectively. MiniMax's short interest now stands at the highest level since its listing earlier this year, while Zhipu also faces increased bearish pressure from short sellers ahead of disclosing financial results. Both companies saw significant stock unlocking in July after IPO
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04:09

Hang Seng Index Rises 0.68% at Midday, Tech Stocks Gain 1.58% on August 26

According to ChainCatcher, as of midday (August 26), Hong Kong's Hang Seng Index rose 0.68% and the Hang Seng Tech Index gained 1.58%, based on Gate's market data. Tech stocks rebounded strongly, with Xiaomi Group surging over 4%, Meituan and Kuaishou each climbing over 2%, while Baidu, Alibaba, and Tencent Holdings gained over 1%. The financial sector was equally active, with CITIC Securities and Shenwan Hongyuan Hong Kong rising over 8%, and China Southern Futures and Huatai Securities advanci
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04:09

Fed Chair Wash's FOMC Statements Shortest Since January 2008, Richmond Fed Finds

According to Richmond Federal Reserve's analysis, Fed Chair Kevin Wash's recent FOMC statements have been the shortest since January 2008, and meeting minutes the shortest since September 2008. Comparing two recent meetings with former Chair Jerome Powell's final FOMC statement, word counts fell by at least 200 words across four of six analyzed sections. The Richmond Fed noted Wash's communication strategy is notably more concise than historical trends, reflecting his stated preference that the
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04:01

Bernstein: Humanoid Robot Payback Periods Drop Below 2.5 Years, Projects 1M Units Shipped by 2031

According to Bernstein's August 25 research report, payback periods for humanoid robots in four key scenarios—urban patrol, warehouse stacking, factory material handling, and last-mile delivery—have dropped below the 2.5-year adoption threshold in certain markets. Patrol applications show payback periods under 2 years; warehouse and factory applications average 2.7 years in the U.S. versus 6.7 years in China. Bernstein projects global humanoid robot shipments will reach 1 million units annually
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04:01

Nvidia Ends 7-Day Losing Streak Ahead of Q2 Earnings; Stock Up 2.19% on Tuesday

According to Yahoo Finance, on Tuesday, August 25, Nvidia ended a seven-day losing streak as semiconductor stocks rallied, with the chipmaker's shares closing up 2.19%. The decline marked the stock's longest losing streak since 2022. Nvidia is set to report Q2 earnings with Bloomberg consensus estimates pointing to adjusted earnings per share of $2.09 and revenue of $92 billion, representing 96% year-over-year growth. Data center revenue is projected to reach $85.4 billion, also up 107% year-ove
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03:53

Russian Telecom Operators and E-Commerce Platforms Accept Digital Ruble from Sept 1

According to PANews, Russia's three major telecom operators—MTS, Rostelecom, and Megafon—along with e-commerce platforms Wildberries and Ozon announced they will accept digital ruble payments starting September 1, 2026. MTS will support digital ruble across all services within its MTS Pay module, while Rostelecom will initially limit transactions to one-time website payments before expanding to personal accounts and recurring payments. Megafon will offer digital ruble as an additional payment me
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03:53

U.S. Spot Bitcoin ETFs Record $314.3M Inflows, Ethereum ETFs Attract $179.8M Overnight

According to Farside data cited by BlockBeats, U.S. spot Bitcoin ETFs saw combined net inflows of $314.3 million yesterday (August 25), with BlackRock's IBIT leading at $284.4 million, followed by Fidelity's FBTC at $15.4 million. Ethereum spot ETFs recorded $179.8 million in combined net inflows, with BlackRock's ETHA accounting for $146.4 million and Fidelity's FETH at $25.8 million.
BTC-1.74%
ETH-1.34%
03:53

Crude Oil Derivatives Plunge Today as Middle East Geopolitical Concerns Ease

According to Jin10 Futures, crude oil derivatives plummeted today (August 26) as market concerns over Middle East geopolitical tensions eased. Analysts noted that market focus has shifted from geopolitical premium to the recovery of Hormuz Strait transit, triggering a fundamental reversal for oil-linked products previously pressured by strait disruptions.
03:51

39 U.S. State Banking Associations Launch BankChain Alliance for Stablecoin Network

According to BankChain Alliance, on August 25, 39 U.S. state banking associations launched BankChain Alliance, an industry-owned blockchain network aimed at supporting stablecoins and tokenized deposits. The network is set to launch in 2027 and will enable banks of all sizes to offer blockchain-based financial services including smart payments, tokenized deposits, stablecoins, and automated settlement, while maintaining existing banking regulations and security standards.
03:51

Nvidia CEO Huang Reviews Compensation for 42,000 Employees; 78% Are Millionaires

According to LiveMint, Nvidia CEO Jensen Huang personally reviews compensation for approximately 42,000 employees at the end of each cycle during his oversight of the company. A survey of about 3,000 Nvidia employees found that 76%-78% have become millionaires, with roughly half having a net worth exceeding $25 million. Nvidia's stock has surged nearly 3,800% since 2019, with employees able to purchase shares through the company's stock plan at a 15% discount, significantly boosting employee wea
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03:42

Japan's Commercial Crude Oil Inventories Increased by 469,084 Kiloliters in Week Ending August 22

According to Japan Petroleum Association (PAJ), Japan's commercial crude oil inventories increased by 469,084 kiloliters to 12,174,403 kiloliters in the week ending August 22, compared to 11,705,319 kiloliters the previous week. Refinery operating capacity utilization (BPSD) rose to 80.4% from 80.1%, while refinery design capacity utilization (BPCD) climbed to 75.5% from 73.5%.
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03:41

Nebraska Certifies Two Online Sports Wagering Measures for Nov. 3 Ballot as FanDuel, DraftKings Back Campaign

According to Nebraska's Secretary of State office, two online sports wagering measures qualified for the November 3 ballot on August 21. The Online Sports Wagering Authorization Constitutional Amendment and the Online Sports Wagering Regulation Initiative each received more than the required valid signatures, with Tax Relief Nebraska submitting over 201,000 signatures for the amendment and roughly 146,000 for the initiative. FanDuel and DraftKings each contributed approximately $3.5 million to s
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03:39

RockawayX Acquires Crypto Hedge Fund Relayer Capital to Expand U.S. Operations

According to The Block, RockawayX announced on August 26 the acquisition of crypto hedge fund Relayer Capital to expand its cryptocurrency operations in the U.S. market. The acquired fund will be renamed RockawayX Liquid Opportunities Fund and will focus on identifying undervalued liquid tokens and crypto-related equities. RockawayX plans to raise $150 million for the new hedge fund.
03:37

Unitree Stock Drops 45% From IPO Peak After 460% First-Day Surge on Shanghai STAR Market

According to Reuters, Unitree's stock has fallen roughly 45% from its peak following its recent Shanghai STAR Market initial public offering, which surged 460% on the first trading day—significantly outpacing the average 226% first-day gain for Chinese IPOs over the past three years. The company's market value climbed to approximately $66 billion before retreating by roughly $30 billion, with shares declining for three consecutive days after the IPO before stabilizing on Tuesday. Meanwhile, Unit
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