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
14:20

ARK Buys $28M Cerebras Shares on August 13 Amid Post-Earnings Decline

According to ARK Invest's daily trade disclosures, the firm purchased 106,941 Cerebras (CBRS) shares worth $28.02 million on August 13. The purchases were split between the ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). CBRS stock declined nearly 3% at market open following a 12% drop in the prior session after the company's earnings report. Despite the selloff, Mizuho and UBS both viewed the decline as a buying opportunity, with UBS calling the pullback "compelling." Cer
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14:19

Warren Demands Treasury Secretary Bessent Explain Yen Intervention on August 13

According to Bloomberg, U.S. Senator Elizabeth Warren wrote to Treasury Secretary Scott Bessent on August 13, demanding the Trump administration explain the rationale for its yen market intervention. In her letter, Warren stated the government has yet to provide detailed justification or formally disclose how much taxpayer funds were used to purchase yen. Bessent confirmed media reports on July 31 of the joint U.S.-Japan currency intervention, marking the first coordinated yen support since 1998
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14:17

Trump Appeals Federal Court's Ban on White House Dining Room Project, 2-1 Vote Upheld on August 14

According to CCTV, on August 14, President Trump requested the U.S. Supreme Court to allow him to proceed with the White House dining room renovation project. A federal appeals court in Washington, D.C. voted 2-1 on the same day to uphold a lower court's preliminary injunction, filed at the request of the National Trust for Historic Preservation. Trump announced on August 7 via Truth Social that he would appeal the ruling to the Supreme Court, calling it "politically motivated and unlawful." The
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14:17

U.S. Natural Gas Futures Rise 1.3% to $2.761/MMBtu on Summer Heat Surge

According to Jin10 data, U.S. natural gas futures rose on Friday, August 14, gaining 3.4 cents as weather forecasts predict high temperatures in coming weeks, particularly across the South, driving increased air conditioning usage and gas-fired power generation demand. Flows to liquefied natural gas export terminals along the U.S. Gulf Coast also increased, reducing domestic supply. However, rising production in Texas, the Northeast, and the Rocky Mountains may limit gains. As of 9:42 a.m. ET, S
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14:16

U.S. Storage Stocks Rally, Sandisk Rises Over 9% on August 14

According to Bitget, U.S. storage stocks rallied strongly on August 14, with Sandisk (SNDK.O) rising over 9%, Seagate Technology (STX.O) up 7.2%, and Western Digital (WDC.O) gaining 4.5%. Micron Technology (MU.O) and SK Hynix (SKHY.O) each rose over 3.5%.
14:16

J.P. Morgan Increases Bitcoin ETF Holdings to 10.4M Shares Worth $355.7M in Q2

According to Coinpedia, J.P. Morgan increased its Bitcoin ETF holdings in the second quarter, as disclosed in its 13F filing with the SEC. The bank held approximately 10.4 million shares of BlackRock's IBIT as of June 30, valued at $355.7 million, up from 8.3 million shares worth $162 million in Q1. The bank also increased Ethereum ETF positions, holding 1.17 million shares of BlackRock ETHA valued at $14.3 million, a 338% increase from the previous quarter. J.P. Morgan re-entered XRP positions
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14:15

Cosmostation Wallet Discontinues iOS, Android, Chrome Services Starting September 1

According to PANews, Cosmostation Wallet announced on August 14 that it will discontinue wallet services on iOS, Android, and Chrome extension platforms. Starting September 1, 2026, the wallet will retain only two functions: exporting seed phrases and exporting private keys; all other features will be progressively disabled and eventually become inaccessible. The team emphasized that Cosmostation Wallet is a non-custodial wallet and user assets remain on respective blockchains unaffected by the
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14:13

Drone Stocks Rally After Trump Orders Tariffs on Foreign-Made Components

According to CNBC and White House statement, drone stocks surged on Friday, August 14, after President Donald Trump announced import tariffs aimed at boosting U.S. manufacturing and national security. Unusual Machines shares jumped 10%, while Red Cat rallied approximately 5%. Aerovironment and Kratos also climbed. The tariffs impose 100% duties on large drones with military capabilities like thermal imaging, 25% on smaller drones lacking such features, 15% on drones and parts from the European U
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14:13

SK Hynix Boosts Capital Spending 72.7% in H1 2026 to Expand AI Memory Production

According to SK Hynix's half-year financial report disclosed on August 14, the chipmaker significantly increased capital expenditure and research and development spending in the first half of 2026 to meet growing demand for artificial intelligence-focused memory solutions. Capital expenditure for purchasing tangible assets reached 18.3288 trillion Korean won, surging 72.7% compared to 10.6157 trillion won in the same period last year. Research and development spending jumped 98.4% to 6.0428 tril
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14:12

Copper Becomes SEC-Registered Broker-Dealer and FINRA Member on August 12

According to its August 12 announcement, Copper Markets (US) Inc. became an SEC-registered broker-dealer and FINRA member. The US entity will offer institutional clients custody, staking, financing and over-the-counter services, together with access to Copper's ClearLoop collateral network. The development addresses a key infrastructure challenge: digital-asset venues trade continuously, while custody, credit and collateral operations remain divided across legal entities and jurisdictions. The b
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14:09

Michael Burry Closes Tesla, Applied Materials Shorts, Shifts to Larger Nasdaq-100 Put Options on August 14

According to BlockBeats, Michael Burry disclosed his latest portfolio positions and adjustments today (August 14). The "Big Short" investor has completely closed his short positions in Tesla and Applied Materials, both at a profit. He also liquidated all iShares Semiconductor ETF (SOXX) put options and shifted to significantly larger Invesco QQQ Trust put options, adjusting his short focus from pure semiconductor bets to broader Nasdaq market downside exposure.
14:09

USD-KRW Falls to 1,411.50 Won, Down 7.90 Won on August 14

According to Yonhapinfomax, on August 14, USD-KRW fell to 1,411.50 won, down 7.90 won from the previous close. The dollar weakened as U.S. July consumer prices matched expectations and July producer prices came in softer, reducing the odds of a September rate hike. Foreign investors also purchased 3.04 trillion won worth of Korean stocks, marking four consecutive days of net buying. The pair traded in the 1,410 won range in New York trading.
14:09

U.S. Consumer Confidence Falls 8% in August; Republican Sentiment Drops Most

According to Jin10 data and the University of Michigan Consumer Sentiment Survey on August 14, U.S. consumer confidence declined approximately 8% in August, ending two consecutive months of improvement. Short-term economic expectations fell 11% and long-term expectations dropped 17%. The August decline was observed across all political groups, with Republicans experiencing the largest monthly decrease. Consumer confidence among Republicans is now 19% below pre-Iran conflict levels and marks the
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14:05

256 Foundation Audits ASIC Mining Firmware, Uncovers 41 Security Issues in Third-Party Variants

According to Bitcoin News, 256 Foundation has launched the 256 Red Team security initiative to audit ASIC mining firmware through reverse engineering, real-time traffic capture, and share-level reconciliation. The team submitted 41 problem reports covering Bitmain's original firmware and third-party variants including LuxOS, VNISH, and Braiins OS. Identified vulnerabilities include unauthenticated factory APIs, root access paths, default credentials, embedded vendor SSH keys, and update mechanis
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BTC-1.65%
14:04

Single-Family Housing Investor Confidence Falls to All-Time Low, End of June Survey Shows

According to the RCN Capital/CJ Patrick Company Investor Sentiment Index survey, investor confidence in the single-family housing market fell to an all-time low at the end of June, with only 26% of respondents saying market conditions are better than a year ago, down from 35% in the first quarter. The survey of over 300 investors also found 45% believed the market has worsened, the highest share since the survey began in 2023. High financing costs, rising home renovation expenses, and limited in
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14:02

Paxos Reduces PAXG Gold Allocation Processing Time to 1.24 Milliseconds on Aug. 13

Paxos announced on August 13 that it has upgraded the allocation system for its gold-backed token PAXG, implementing real-time tracking of physical gold bar ownership. The new system reduces processing time from approximately two hours to 1.24 milliseconds, with transfers, minting and burning transactions now reflected almost instantly. The upgrade replaces Paxos's previous batch-based allocation process and is designed to be chain-agnostic, supporting PAXG's expansion beyond Ethereum to additio
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