Gate Crypto Flash News and Market Updates

U.S. optical communications sector stocks declined on August 18. Coherent dropped approximately 7%, Credo fell about 6%, Marvell Technology declined roughly 5%, while Lumentum and Corning each fell around 4%.

Ethereum launched the Platåberget testnet on Aug. 18 as a temporary testing environment ahead of the Glamsterdam upgrade scheduled to fork on Aug. 20, 2026. The network allows developers, validators and infrastructure providers to evaluate major protocol changes including enshrined proposer-builder separation, block-level access lists and gas repricing. Glamsterdam introduces significant modifications to block construction and gas mechanics that may require updates across Ethereum infrastructure

According to its interim financial report, CITIC Securities (06066) recorded total revenue and other income of 23.087 billion yuan for the six months ended June 30, 2026, up 41.81% year-on-year. Net profit attributable to parent company shareholders reached 7.639 billion yuan, surging 69.44% YoY, with basic earnings per share of 0.92 yuan. As of mid-2026, total assets expanded 27.13% to 856.451 billion yuan, while equity attributable to parent shareholders grew 5.57% to 125.742 billion yuan.

Guotai Kaishang (02611) announced its interim results for the six months ended June 30, 2026, with net profit attributable to shareholders of 20.26 billion yuan, up 28.74% year-over-year. Total revenue and other income reached 66.853 billion yuan, increasing 47.15% compared to the same period last year. The company declared a cash dividend of 3.0 yuan per 10 shares. As of June 30, 2026, total assets stood at 2.502178 trillion yuan, up 18.34% from year-end 2025.

According to its filing, Shao Brothers Holdings (00953) issued a profit warning for the first half ended June 30, 2026, predicting the group's net loss attributable to shareholders will be at least 9 million yuan, compared to a profit of 7 million yuan in the same period of 2025. Revenue is expected to drop to at least 18 million yuan, representing an approximately 83% year-on-year decline. The loss is primarily attributed to a reduced number of films and drama projects released during the perio

According to its announcement, Bovismart Holdings Limited (01204) expects net profit for the six months ended June 30, 2026 to increase by at least 50%, compared to approximately HK$0.8 million for the same period in 2025. The growth was driven by increased revenue from enterprise IT solutions, including professional IT services, managed services, IT equipment leasing, and IT maintenance and consulting services, as well as government contracts secured and reduced administrative expenses. These g

On August 18, U.S. stock market open saw mixed ETF performance: energy and healthcare ETFs rose over 1% each, while semiconductor ETF fell over 3% and global technology stock index ETF declined over 2%.

Baidu ADR declined 10% today, marking its largest single-day drop since June 5.

According to Zhitong Finance, Ronghuai Holdings (08213) announced today that its indirect subsidiary is negotiating to acquire a 51% stake in a Chinese restaurant operator in Shenzhen's Nanshan District. The target restaurant specializes in Cantonese Shunde cuisine and is already in operation.

According to Bitcoin Magazine, BlackRock reaffirmed its bullish stance on Bitcoin recently, even as BTC has declined roughly 50% from its all-time high. The asset manager said its core investment thesis for Bitcoin as an "emerging global currency alternative" and "unique portfolio diversification tool" remains unchanged.

According to Fitch Ratings, Colombia's fiscal deficit is expected to approach 7% of gross domestic product in 2026.

U.S. stock markets opened lower today (August 18), with the Nasdaq falling 1.2% and the S&P 500 down 0.5%. The Dow Jones Industrial Average declined 0.1%. The Philadelphia Semiconductor Index led declines, dropping 3.6%, as memory chip stocks fell broadly: SanDisk down 5%, SK Hynix down 5%, Western Digital down 4%, Micron Technology down 4%, and Seagate Technology down 4%. Separately, Baidu fell approximately 9% after reporting second-quarter revenue below expectations.

According to ChainCatcher, Cypherpunk Mining launched today with 4.2 Gsol/s of Equihash hashing power, making it the world's largest Zcash miner. The company acquired Winklevoss Capital's Bitmain Z15 Pro mining rigs deployed across the United States through a $33.33 million asset purchase agreement. Cypherpunk Mining currently produces approximately 7,800 ZEC per month and has achieved positive cash flow. The company operates debt-free.

According to BlockBeats, shares of Axe Compute (NASDAQ: AGPU) have rallied more than 50% since July 27, when Liquid Capital founder Yi Lihua first expressed bullish sentiment on the company, with market cap rising to $123 million. The company recently secured over $1.6 billion in contracts with projected annual recurring revenue (ARR) of $384 million.

According to BlockBeats, on August 18, U.S. stock markets opened lower, with the Dow Jones Industrial Average down 0.2%, S&P 500 down 0.5%, and Nasdaq Composite down 1.1%. The semiconductor and storage sector fell broadly, with SanDisk (SNDK.O) declining 5% and Micron Technology (MU.O) down 4.6%. Among major tech stocks, Meta Platforms (META.O) dropped 1.9% and Baidu (BIDU.O) fell 9% following earnings.

On August 18, 2026, former U.S. President Donald Trump stated that there are currently no negotiations, dialogue, or scheduled talks with Iran.

DeKon Livestock (02419) reported a loss of 13.05 billion yuan for the six months ended June 30, 2026, compared to a profit of 12.27 billion yuan a year earlier. Revenue fell 13.74% to 100.89 billion yuan, with hog prices declining 30.9% to 10.4 yuan per kilogram. The downturn was primarily driven by prolonged market weakness and lower commodity hog prices. Revenue from the pork segment, the company's largest business, declined 20.7% to 78.29 billion yuan.

According to Coolpad Group (02369), the company expects shareholders' loss for the six months ended June 30, 2026 to range from HK$54 million to HK$60 million, narrowing from HK$80.3 million in the same period a year ago. The narrower loss was driven by a reduction of approximately HK$27.5 million in administrative and other expenses due to strategic cost control measures and resource optimization, partly offset by a HK$9.7 million increase in other gains from the absence of lease termination an

According to HTX market data, BNB broke above $600 and currently trades at $600.06, down 0.64% over the past 24 hours.

According to its official announcement, Guotai Haotong (02611) will distribute an interim dividend of HK$0.30 per share (equivalent to HK$3 per 10 shares) on October 16, 2026.