Gate Crypto Flash News and Market Updates

According to IM Securities, South Korea's won-dollar exchange rate fell to the early 1,400 won range on August 9 after previously exceeding 1,500 won, driven by improved dollar supply and strengthened currency policy coordination among South Korea, the U.S., and Japan. IM Securities attributed the decline partly to U.S. Treasury Secretary Scott Bessent's August 4 statement cautioning against excessive volatility in the Korean won. Analysts predict that if Iran-related uncertainties are resolved,

According to Jin10, Ukrainian drones launched a large-scale attack on Russia's Belgorod region capital on August 9, injuring 13 people. The drone strikes ignited two vehicles and damaged multiple buildings. Russia's Defense Ministry reported that 153 Ukrainian fixed-wing drones were intercepted and destroyed over 18 locations and in the Azov and Black Sea waters overnight.

According to Odaily, xStocks' official account recently posted "hyperliquid" on X platform. This follows reports that Backed, the developer behind xStocks, has acquired approximately 5,006 HYPE over the past weeks to secure 10 spot tickers including NVDAx, SPYx, and QQQx. The community is speculating that xStocks-related assets may soon launch on the Hyperliquid platform.

According to BlockWorks researcher Carlos on X, FOMO recorded a daily net income of $588,000, equivalent to $215 million in annualized revenue. The meme launchpad has now ranked among the top 10 highest-revenue applications in cryptocurrency.

According to Odaily Daily, OpenAI's AI-native browser Atlas shut down on August 9, 292 days after its launch. The company instructed users to export bookmarks as HTML files before the shutdown date.

According to Guru Club, crude oil prices jumped on August 9 following a missile strike on a UAE vessel in the Strait of Hormuz early on August 8. WTI crude surpassed $77 per barrel and Brent crude exceeded $82 per barrel, each rising over 1% intraday. In response to the escalation, Iraq reported a 75% drop in oil exports due to the strait's closure, underscoring the immediate market impact of Middle East tensions.

According to Hankyung, a new Physical AI ETF listed on August 4, while three earlier Physical AI ETF products fell sharply over the past month. HANARO Global Physical AI Active dropped 13.18%, KoAct US Robotics Physical AI Active fell 13.16%, and RISE Hyundai Motor Physical AI declined 10.78% as of August 7. The declines were driven by weakness in automotive and semiconductor holdings, with Hyundai Motor down 17.52% month-over-month, and the Korean won appreciating 6.64% against the dollar, redu

According to Korea Exchange, capital flowed into KOSDAQ index leverage exchange-traded funds from July 31 to August 7 as regulatory barriers on single-stock leverage products rose. All five top-performing ETFs during the period tracked KOSDAQ index leverage products, with the KOSDAQ 150 index rising five consecutive days. Products tracking twice the KOSDAQ 150 index surged amid the index gains.

According to Bitwise CIO Matt Hougan in a CoinDesk interview today (August 9), Bitcoin could reach $1.3 million by 2035, driven primarily by institutional capital inflows. Hougan noted that the vast majority of the world's institutional assets—estimated at $100–200 trillion under management—could fuel significant Bitcoin demand if even 1% were allocated to the asset.

According to IBK Investment & Securities, Germany's Rhine River water level hit record lows recently, constraining the European petrochemical supply chain. The research report noted that reduced European supplies could increase substitution demand for Korean chemical exports not only to Europe but also across Asia and Middle Eastern markets.

According to Yonhapinfomax, two South Korean companies are set to begin trading on KOSDAQ this week (Aug 10-14, 2026). Delicious, a fashion B2B platform connecting Dongdaemun wholesale markets with retailers, lists on Aug 12 at an offering price of 7,000 Korean won, with a competition rate of 10.29:1 and an estimated market cap of 153 billion won. K&S I&C, a satellite communications antenna specialist, lists on Aug 13 at 11,000 Korean won, with a competition rate of 1,079.55:1 and an estimated m

According to research by Korean Investment & Securities, trading volume in single-stock leverage exchange-traded funds (ETFs) in South Korea fell approximately 90% one week after Seoul implemented strict regulatory measures on July 31. As of August 4, Samsung Electronics and SK Hynix leverage ETF trading volumes declined to 200 billion and 400 billion won respectively, down from peak levels, while their assets under management contracted by 45% and 42%. However, analysts warn of potential "ballo

According to HSBC's forecast, multiple core inflation components in the US July Consumer Price Index are expected to cool beyond market expectations, pulling both headline and core CPI below consensus estimates.

According to Jin10, the U.S. CPI report scheduled for release next Wednesday will be the week's most closely watched data. Economists widely expect the annual inflation rate to moderate slightly, though core inflation is likely to remain elevated due to sustained price pressures in services and housing. The Federal Reserve maintains a cautious stance, emphasizing it needs further confirmation that inflation is moving sustainably toward the 2% target before considering rate cuts.

In a four-day rally from July 30 to August 4, Nasdaq 100's market value surged approximately 3.5 trillion dollars, marking its strongest 4-day performance since April 2025. Nasdaq Composite closed Friday up 1.30%, buoyed by weaker-than-expected U.S. non-farm payroll data. Palantir Technologies (PLTR) led weekly gains with a 39.78% surge after posting strong second-quarter earnings, with investors responding enthusiastically to its artificial intelligence business prospects. The broader rally ref

According to KOL katexbt, HyperEVM ecosystem represents a major failure, with 13 of 18 projects representing wasted effort as of today (August 9). The projects breakdown as follows: 2 suffered rugs, 7 are defunct, 3 failed post-TGE, 1 faces pending rug, 1 shows early promise, 1 remains potentially viable, and only 3 demonstrate solid performance.

According to Bloomberg and FactSet data, BlackRock's European equity products received $4.4 billion in inflows during July. This marks the first net inflow into European stock ETFs since late February, amid strong equity market momentum and corporate earnings growth. European benchmark indices, including Stoxx Europe 600, Germany's DAX, the UK's FTSE 100, and France's CAC 40, reached record highs in recent weeks. Stoxx Europe 600 constituent companies are expected to report Q2 profit growth of 2

During the week of August 3-7, South Korea's 3-year government bond yield fell 1.3 basis points to 3.747%, while the 10-year yield declined 4.7bp to 4.215%, according to market data. The yield curve flattened as the spread between 10-year and 3-year rates narrowed from 50.2bp to 46.8bp. Foreign investors drove much of the strength, achieving 12 consecutive trading days of net buying, including net purchases of 17,806 3-year futures contracts on August 3, 14,534 on August 4, and 19,804 on August

According to South Korea's Yonhap Infomax, the U.S. reported last week that nonfarm payrolls declined by 23,000 in July, well below market expectations of 80,000 job gains. The unemployment rate fell to 4.1% month-over-month. This week, the U.S. July Consumer Price Index, scheduled for release on August 12, will be a key variable for currency markets; it is expected to rise 3.4% year-over-year.

According to Cypherpunk, the ZEC treasury company, Ironwood has surpassed Orchard to become the largest shielded pool on Zcash, according to latest data. Ironwood currently holds 1,976,378 ZEC with a value exceeding $1 billion.