Gate Crypto Flash News and Market Updates

According to BlockBeats, on August 18, Apple plans to raise iPhone 17 prices globally by up to approximately 1,000 yuan per unit by end of August, driven by surging storage chip costs. The company has already implemented price increases in Japan on July 17, with hikes ranging from 8% to 11.3% depending on model, translating to an increase of 540–835 yuan per device at prevailing exchange rates.

According to its SEC filing, Trafalgar Asset Management acquired 96.62% of voting control in Greater Cannabis Company on June 29, restructuring the OTCQB issuer into Trafalgar International, a fintech acquisition platform. The transaction involved the purchase of 7,628,665 Series A preferred shares and 1,000 Series B preferred shares, giving Trafalgar Asset Management majority authority over the board and substantially all shareholder matters. However, the company's quarterly filing reveals seve

According to PANews, Trump shared a map on social media today (August 18) labeling the Strait of Hormuz in the Middle East as U.S. territory.

According to Hong Kong Stock Exchange data, J.P. Morgan increased its holdings in Golden Concord Resources (03636) by 308,000 shares on August 13 at approximately HK$16.37 per share, for a total of HK$5.042 million. Following the transaction, J.P. Morgan's total shareholding rose to approximately 2.5651 million shares, representing a 6.06% stake in the company.

According to Hong Kong Stock Exchange data, on August 17, chairman Yang Zhenxin increased holdings in Xuanri Enterprises (00393) by 20,000 shares at HK$1.335 per share. Following the purchase, Yang's total stake stands at 64.10%.

According to ICAEW, on August 18, weaker UK labor market data has reduced the likelihood of a Bank of England rate hike in September. The accounting industry group noted that declining job vacancies signal weakening labor demand, and employers remain reluctant to hire, fire, or grant significant wage increases amid rising costs, global headwinds, and policy uncertainty. ICAEW Chief Economist Suren Thiru stated that the labor market remains in a 'low-flow stagnation' that should help suppress inf

According to ChainCatcher, the U.S. 10-year Treasury yield rose to 4.75% today, marking the highest level since January 2025.

The onshore yuan-to-dollar exchange rate reported at 6.7427 at 16:30 BJT on Aug 16, down 45 pips from the previous trading day's official close and down 10 pips from the prior night's closing level.

According to Xinda Futures research, crude oil held steady above $88 on August 18 as covert shipping activity through the strait limited the supply premium typically expected from the ceasefire expiration and escalation in Lebanon. While ceasefire expiration and regional tensions would normally drive price gains, actual disruptions to supply remained lighter than stated positions, with covert transit offsetting supply concerns. Negotiation deadlock continues, with Iran insisting on U.S. concessi

According to Bank of America's August global fund manager survey, the majority of respondents expect Federal Reserve Chair Powell to take a neutral stance at the Fed's annual Jackson Hole conference later this month. Among survey participants, 31% predict he will deliver hawkish comments, while only 7% anticipate dovish remarks.

Chainalysis Government Solutions filed a bid protest on July 27 in the U.S. Court of Federal Claims challenging Immigration and Customs Enforcement's $94.6 million sole-source contract awarded to rival TRM Labs. The one-year deal, covering blockchain forensic software and support services for Homeland Security Task Force investigations from July 1, 2026, through June 30, 2027, was awarded without an open bidding process. Chainalysis argues the decision was arbitrary and unreasonable. TRM Labs in

Dutch prosecutors recently liquidated remaining crypto assets held by bankrupt trading platform Knaken, raising $2.55 million for 6,300 victims, officials confirmed. The platform was declared bankrupt on July 16 after significant structural deficits left a major gap between customer investments and cryptocurrency holdings. According to bankruptcy trustee Carl Hamm, clients had invested between $11.6 million and $13.9 million through Knaken, yet the liquidated assets generated only $2.55 million,

According to Kainos Systems (00046), the company's profit attributable to shareholders reached HK$21.56 million for the six months ended June 30, 2026, representing a 15.9% year-on-year increase. Total revenue remained stable at HK$120 million. Basic earnings per share stood at HK8.86 cents, with a proposed interim dividend of HK6.0 cents per share.

According to Reuters and shipping trackers Kpler and Vortexa, Saudi Aramco resumed loading crude oil at ports in the Strait of Hormuz from August 12-16, with three Very Large Crude Carriers loading 2 million barrels. This marks the first time in nearly three weeks that the ports of Juaymah and Ras Tanura have handled cargo operations.

According to Beating AI, Xinyu Lan, multimodal understanding lead at xAI and former Gemini researcher at Google DeepMind, has recently joined Tencent Hunyuan. Lan previously led multimodal model research at Google DeepMind before joining xAI. This marks Tencent's third major hire from overseas tech giants within the past year. Former OpenAI researcher Yonglong Tian joined in July to work on vision-language models, following Shunyu Yao's appointment as Tencent's chief AI scientist.

According to DeFiLlama, over the past 24 hours, Binance, Bybit, and Bitget led centralized exchanges with net capital inflows of $234 million, $51.55 million, and $17.56 million, respectively.

According to Odaily, Bitget PoolX launched BGBTC staking today (August 18) to unlock 9,200 UNI tokens for users. The staking channel will be open from August 18, 8:00 p.m. to August 23, 8:00 p.m. (UTC+8), with a maximum individual stake of 30 BGBTC.

According to Bank of America's August global fund manager survey released today, 32% of investors consider the AI bubble the largest tail risk event, while 27% cite disorderly bond yield increases as the second-biggest concern. Meanwhile, 27% of surveyed fund managers are overweighting U.S. stocks relative to global benchmarks, up 3 percentage points from July and marking the highest level since December 2024.

According to BlockBeats, on August 18, U.S. stock market indices fell in premarket trading as Anthropic's annualized revenue fell short of market expectations. The Nasdaq dropped 0.32%, the S&P 500 fell 0.52%, and the Dow Jones declined 0.51%. Storage and optical communications stocks also came under pressure, with Micron Technology down 4.13%, Western Digital down 5.23%, and Lumentum Holdings down 5.98%. Bloomberg previously reported that Anthropic's annualized revenue run rate reached approxim

According to a company announcement, Baibaolong Technology (01861) forecasted a net loss not exceeding HK$16 million for the six months ended June 30, 2026, swinging from a net profit of HK$52.7 million in the same period a year ago. The loss was primarily driven by the absence of HK$14.3 million in yacht disposal gains recorded in the prior year, a decline in e-commerce sales that reduced gross profit, and an impairment loss of approximately HK$31.6 million recognized on the company's manufactu