Gate Crypto Flash News and Market Updates

Switzerland's seasonally adjusted real imports declined 2.8% month-over-month in July, compared to a 1.6% decline in June, according to official data.

According to Cailian Press, on Wednesday, President Trump said artificial intelligence could become more important than the internet and called for regulations that support rather than hinder the industry. Speaking at the White House during a meeting with cryptocurrency executives and financial regulators, Trump stated: "I think it may be more important than the internet, more important than any industry anyone has ever seen." Trump also urged AI companies to build their own power plants to supp

Germany's producer price index rose 1.1% month-on-month in July, surpassing expectations of 0.7% and reversing the prior -0.3% decline.

According to CoinGlass data, Bitcoin spot trading volume reached $8.71 billion in the last 24 hours, with Binance accounting for $2.12 billion, Coinbase $1.22 billion, and Gate $1.11 billion. Ethereum spot volume totaled $6.19 billion, with Binance at $1.81 billion and Gate at $842 million. Meanwhile, Ethereum 24-hour futures trading volume reached $96.89 billion, with Binance at $28.43 billion, OKX at $17.63 billion, and Gate at $7.30 billion.

Germany's July producer price index (PPI) rose 3% year-over-year, surpassing the consensus forecast of 2.7% and accelerating from 1.80% in the prior period.

According to a recent statement from Polygon Labs CEO Marc Boiron, stablecoins will drive substantial growth in spending and capital efficiency. Boiron noted that as fund utilization improves, banks will lose profits from inefficiencies in traditional payment systems, while businesses and consumers will have more capital available for spending. He emphasized that stablecoins enable the same amount of capital to support more purchasing, inventory management, payroll, and cross-border trade. Boiro

According to Financial Times citing ship broker Braemar, tanker prices surged in the Persian Gulf on August 20 as demand for crude oil exports accelerated. The spike reflects rising concerns amid stalled U.S.-Iran peace negotiations and ongoing attacks on vessels in the Strait of Hormuz, prompting Gulf states to secure ships directly for oil exports.

According to Comptroller Jonathan Gould, the U.S. Office of the Comptroller of the Currency is targeting November to finalize its principal regulations implementing the GENIUS Act, he disclosed Wednesday at the Wyoming Blockchain Symposium. Gould stated the OCC reviewed industry feedback and made changes to its February proposal, aiming to complete the framework in time to begin processing stablecoin issuer applications in 2027.

According to Treasury data, the US national debt has crossed $40 trillion for the first time this week, with total federal debt reaching roughly $40.05 trillion. This includes approximately $32.27 trillion held by the public and $7.78 trillion in intragovernmental holdings. The Treasury reported a $432 billion budget deficit for July, the largest monthly shortfall since March 2021, pushing the fiscal-year-to-date deficit to $1.799 trillion—already exceeding the entire 2025 fiscal year deficit. B

According to reports, Nebius increased its debt offering to $5 billion from $4.5 billion on Wednesday as the neocloud operator joined talks to acquire Israeli AI startup Decart AI. Nvidia, SpaceX, and Amazon are also negotiating for the deal, potentially valued at $6 billion to $7 billion, according to Israeli tech outlet CTech. Decart's Optimization Stack can boost GPU inference throughput by up to eight times on the same hardware—a key advantage for cloud operators. NBIS stock declined 10% fol

According to The Fact, Samsung Electronics shares jumped 8.59% to 273,000 Korean won on August 20, reaching their highest level since late July. The stock surge was driven by expectations of a major shareholder return plan, with market observers anticipating the company will announce special cash dividends and other returns totaling over 100 trillion won at a board meeting scheduled for late August. SK Hynix's earlier announcement of a 40 trillion won buyback plan intensified expectations across

According to BlockBeats, Yuanmao Technology shares plunged over 17% to 705 yuan on Aug 20, with daily trading volume reaching 6.753 billion yuan. Meanwhile, according to TradingBeats (formerly Hyperinsight) monitoring data, the Yuanmao contract on trade.xyz recorded over $100 million in 24-hour trading volume, though open interest declined to $30.07 million. The largest single liquidation in the past 24 hours was $446,000 in long positions.

According to Jin10, the U.S. Treasury announced a bond buyback plan on August 20 to contain a selloff in the debt market that had pushed long-term bond yields to their highest levels since 2007. This move helped ease pressure on the yield curve without requiring the Federal Reserve to expand its balance sheet. The buyback is set to begin September 9, with details on future repurchase plans to be revealed on November 4. Analysts note the Treasury has already shifted market pressure, with one stra

According to Hupzy (Spot On Chain), Multicoin Capital transferred approximately $20 million in HYPE tokens to Coinbase Prime in two separate transactions on August 19. The first transfer moved 172,710 HYPE tokens, valued at around $10.15 million, followed by a second transfer of approximately $9.85 million.

According to Coinglass data cited by ChainCatcher, Ethereum's open interest across all exchanges surged 15.29% over the past 24 hours to $30.145 billion. Binance accounted for $8.017 billion, OKX for $1.61 billion, Bybit for $2.036 billion, and Gate for $2.712 billion of the total open interest.

According to Coinglass data reported by ChainCatcher, Bitcoin's global open interest increased 9.12% in the past 24 hours, reaching a total of $52.68 billion. Binance accounts for $10.22 billion of open interest, followed by Bybit with $4.77 billion and Gate with $4.44 billion.

According to the U.S. Department of Defense, American military casualties from operations against Iran totaled 18 deaths and 757 injuries as of August 20, since military actions commenced on February 28. The Pentagon addressed data discrepancies wherein four deceased personnel and dozens of injured service members temporarily disappeared from the Defense Casualty Analysis System before being restored, prompting media and congressional scrutiny. The department attributed the anomaly to a "tempora

According to Tiger Research analysis, approximately 700 trillion won in capital has flowed from South Korea's stock exchanges to offshore derivatives platforms since 2021, with 168 trillion won departing in 2025 alone and 77 trillion won expected to leave in 2026. Domestic investors have concentrated activity on decentralized exchanges including Hyperliquid and Lighter, where 7.4 trillion won in nominal trading volume was recorded in July. On July 28, SK Hynix perpetual futures on Hyperliquid fa

According to Lookonchain, trader loracle.hl accumulated over $60 million in losses on HYPE token as of today, August 20. The trader lost $46 million from a short position in June, followed by additional losses of $2.33 million after switching to a long position, and a further unrealized loss of $11.8 million after reverting to short.

According to ChainCatcher, Polymarket's prediction contract for Ethereum touching $1,900 by end of August saw its probability drop to 7% in the past 24 hours, down 43%. Meanwhile, the probability of ETH reaching $2,400 rose to 42%, up 40%. The market uses Binance's ETH/USDT trading pair as reference.