Gate Crypto Flash News and Market Updates

According to BlockBeats and Coinglass data, on August 22, the crypto market experienced a sharp downturn, triggering $523 million in liquidations in the past hour, with long positions accounting for $448 million and short positions $74.76 million. Over the past 24 hours, 286,130 traders were liquidated with a total liquidation volume of $1.801 billion. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, worth $24.96 million.

According to South Korea's Korea Securities Depository, foreign retail investors increased purchases of memory chip ETFs including Samsung and SK Hynix holdings over the past week as of August 22. The inflows follow renewed expectations for continued AI infrastructure investment, sparked by Nvidia's expansion of financing structures supporting AI computing development.

According to SoSoValue data, Bitcoin spot ETFs recorded net inflows of $307 million on August 21 (U.S. Eastern Time), extending their streak of daily inflows. BlackRock's IBIT led with $239 million in single-day inflows, while Fidelity's FBTC contributed $30.19 million. The combined assets under management for spot Bitcoin ETFs reached $96.07 billion, representing 6.17% of Bitcoin's total market value.

According to SoSoValue, Ethereum spot ETFs saw net inflows of $185 million on August 21 (yesterday), marking the fifth consecutive day of inflows. BlackRock's ETHA led with $151 million in single-day inflows and has accumulated $12.17 billion in total net inflows to date. The combined assets under management for Ethereum spot ETFs reached $14.295 billion, representing 4.85% of Ethereum's total market capitalization.

According to BlockBeats, ZEC experienced a flash crash on August 22, falling over 14% before recovering to $792. The asset's 24-hour gains narrowed to 32%, according to HTX trading data.

According to Farside ETF flow data, US spot Solana ETFs recorded $15 million in daily net inflows on August 20, marking the largest single-session inflow in three weeks.

According to HTX, Solana (SOL) broke below the $95 level, currently trading at $94.81, up 5.92% over the past 24 hours.

According to the Islamic Republic News Agency (IRNA) on August 22, Iran's Armed Forces spokesman Akramiyeh stated that the U.S. is experiencing declining geopolitical influence and no longer holds international prestige. He added that Iran's military strategy has transitioned from defensive to offensive posture, with any aggression to be met with proportional or greater response. Akramiyeh also highlighted that Saudi Arabia, Turkey, and Pakistan have established an independent defense security m

According to Gate's market data, ETH/USDT fell below $2,450 to $2,449.25 on Aug 22, up 4.07% in 24 hours.

According to ChainCatcher, SOL/USDT fell below $90 on August 22, based on Gate trading data. The token posted a 24-hour gain of 0.63%.

According to LS Securities analyst Hwang San-hae, Nvidia will report second-quarter revenue of $91.9 billion and earnings per share of $2.08 on August 27, marking another record-breaking quarter. While Nvidia's strong earnings are expected, LS Securities noted that stock market reaction remains uncertain given persistent headwinds from long-term U.S. interest rates, retail sales weakness, and Middle East tensions. Analyst Hwang observed that despite eight consecutive quarters of strong results,

According to BlockBeats citing HTX data, legacy meme coins rallied on Aug 22. BONK and WIF led gains with 36% increases in 24 hours, while PEPE rose 32%, FLOKI climbed 28%, SHIB advanced 24%, DOGE gained 20%, PENGU surged 25%, TURBO and NEIRO each added 19%.

According to Pantera Capital, Bitcoin recently broke through the 200-day moving average at $69,000, attracting momentum and trend-following traders. The move signals a market sentiment reversal, with investors shifting from neutral or net-short positioning toward increasingly bullish sentiment. The breakout follows a six-month consolidation period.

According to GMGN data, BSC Meme tokens extended gains today (August 22), with MUBARAK surging 43.95% to a $30 million market cap and Bitcoin Human climbing 21.85% to $579 million. Other BSC Meme tokens also posted gains: 我踏马来了 rose 7.31% to a $10.5 million market cap, BROCCOLI714 gained 12.88% to reach $6.83 million, and BROCCOLIF3B increased 12.14% to $19.6 million.

According to Investing.com, Moderna's stock surged over 170% on August 21 following positive Phase 3 trial results for its personalized mRNA cancer vaccine, co-developed with Merck. The breakthrough marks a potential shift away from the company's heavy reliance on COVID-19 vaccine revenue.

According to OKX, TRUMP token broke through $3.4 overnight on August 22, marking its highest level since March 21. The token surged nearly 100% in the past 24 hours.

According to predict.fun, Niulai has broken the $75 million market cap milestone. The prediction platform estimated a 56% probability that Niulai will reach $100 million market capitalization by November 2026.

According to Odaily, crypto KOL Bonk Guy (Unipcs) stated that USELESS is currently experiencing its first genuine bull market, with whale capital inflows, relative trading volume, and open interest growth all leading market indicators. Unipcs noted that USELESS remains undervalued in the broader meme coin rally. Excluding celebrity projects like TRUMP and MELANIA, USELESS is the only meme coin since 2025 to have reached a $450 million market cap, achieved during a weaker market environment at th

Gate News message, a whale deposited approximately $4 million USDC into Hyperliquid and opened a 134.93K HYPE long position valued at roughly $10.97 million with 4x leverage. The entry price is $81.64, with liquidation set at $64.47. Address: 0xa9d1c0fe2aa58038bac208ad390f69e7ce0c29a2.

According to Xinhua, Norway held an overseas conference for the 2026 China International Service Trade Fair on August 21 in Kristiansand, a coastal city in western Norway. Norwegian government and business representatives presented plans for the national pavilion and corporate delegations participating in the event, marking preparations ahead of Norway's role as the main guest country. The fair will take place in Beijing from September 9–13, 2026.