Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
21:22

DTCC Converts US Treasuries and Equities into Tokenized Assets on July 15, 30+ Firms Participate in Pilot

DTCC's subsidiary The Depository Trust Company successfully converted eligible US Treasuries and equities into tokenized digital twins on July 15, with BitGo Bank & Trust serving as custodian for settlement and onchain asset movement. Over 30 firms, including BlackRock, Goldman Sachs, and J.P. Morgan, participated in the pilot focused on repo and reverse repo workflows. BitGo holds the distinctive role as the only OCC-regulated full-service qualified custodian integrated with the DTCC Tokenizati
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21:19

South Korean Individual Investors Shift to U.S. Stocks, Net Buying $2.396B in August Amid Won Weakness

According to News1, in August domestic individual investors in South Korea have net bought U.S. stocks worth $2.396 billion, extending three consecutive months of net purchasing. This comes as the KOSPI index shows declining trading activity, with average daily turnover at 0.54% in late August—the lowest level this year—and daily average trading value at 25.76 trillion won, also a yearly low. The shift reflects cooling domestic investment sentiment amid volatile semiconductor stocks, while the w
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21:17

Coinbase Rolls Out Bitcoin-Backed Mortgages for U.S. Consumers

According to Coinbase, the exchange rolled out crypto-backed mortgages for U.S. consumers this week, allowing users to leverage bitcoin as down-payment collateral. The product addresses custody and security concerns, with BlackRock separately completing $5 billion in bitcoin-to-ETF swaps available for institutional investors managing assets as small as $1 million.
BTC0.59%
21:17

Bitcoin Hits $78,960 Sunday, Up 1.5% as Traders Target $81K Resistance

According to Bitcoin.com News, Bitcoin hit $78,960 on Sunday (August 29), gaining 1.5% as buyers challenged the $79,000 resistance zone. At 10:10 a.m. Eastern time, BTC was trading at $78,650. Over the past 24 hours, $75.71 million in crypto liquidations were recorded, with $21.84 million of those from Bitcoin positions ($19.53 million in short bets). Bitcoin's open interest stood at $54.83 billion. Technically, Bitcoin remains above its 20-day, 50-day, and 200-day moving averages, with the dail
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21:13

Ray Dalio Changes Stance, Recommends 2% Bitcoin Allocation; Analysis Questions Hedge Potential Amid Stock Market Correlation

According to The Motley Fool, Bridgewater Associates founder Ray Dalio recently reversed his long-held view on Bitcoin, shifting from calling it a "bubble" in 2017 to recommending portfolio allocation of up to 2% BTC as a hedge against debt and fiscal deficits facing most economies. Dalio views non-government-issued currencies like Bitcoin as a potential response to such risks. However, analysts question whether Bitcoin truly serves as an effective hedge asset. Data shows Bitcoin and the S&P 500
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21:13

U.S.-China AI Chip Competition Escalates to 'Actual War' Level, Says Korean Expert on August 31

According to Choson Ilbo's Money Lectures YouTube channel, Park Jung-ho, special professor at Myongji University, said on August 31 that the artificial intelligence chip competition between the U.S. and China has escalated to "actual war" level and predicted the astronomical investment flowing into this sector will significantly accelerate human scientific and technological advancement.
21:12

Michael Saylor Posts Cryptic 'We're Back' Message; Strategy Holds 840,447 BTC

According to Bitcoin.com News, Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), posted a cryptic message on X on August 30 hinting the company may resume bitcoin purchases. The post stated 'We're Back' with the bitcoin symbol replacing the letter 'B', following a two-week pause in transactions. Strategy currently holds 840,447 BTC valued at $65.72 billion. The company has $1.59 billion in USD Cash available to finance potential acquisitions. Bitcoin has recovered sharply since
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BTC0.59%
21:10

Iran's Revolutionary Guards Warn U.S. Will Pay 'Heavy Price' for Military Strike

According to Iran's Revolutionary Guards spokesman on August 30, the U.S. military strike on Iranian islands in the southern region represents a strategic and fatal error by the Trump administration amid ongoing economic conflict. The spokesman warned that the action will turn the situation against its planners and result in severe consequences, stating that the adversary will face repercussions in both economic and military domains.
21:08

South Korea's Domestic Banks' BIS Capital Ratios Rise in Q2, Hit 15.77%

According to South Korea's Financial Supervisory Service (FSS), domestic banks' BIS-standard capital ratios rose slightly in the second quarter of 2026. As of June 30, the total capital ratio reached 15.77%, up 0.03 percentage points from the previous quarter, while common equity tier 1 (CET1) ratio climbed to 13.62%, up 0.12 percentage points. Tier 1 capital ratio increased to 14.84%, up 0.08 percentage points. The FSS attributed the gains to stable net income and capital increases from equity
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21:07

South Korea Raises Key Rate to 3%, Preferred Shares Fall Sharply on Aug 27

According to Korea Exchange, preferred shares of Samsung Electronics and Hyundai Motor fell more sharply than common shares following South Korea's central bank rate hike on August 27. The Bank of Korea raised its benchmark rate to 3.0% from 2.75%, reducing the appeal of dividend-paying stocks as safer assets like money market funds now offer rates exceeding 4%. Samsung Electronics preferred shares dropped 5.08% over two trading days after the decision, compared to a 1.72% decline for common sha
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21:07

Samsung Electronics Falls 8.7% on Absent Share Buyback Plan; '10% Rule' Cited as Obstacle

According to News1, on August 31, Samsung Electronics shares dropped 8.7% for the week ended August 28, closing at 257,000 won versus 281,500 won the prior week. The decline came despite the company's pledge to return 90-110 trillion won to shareholders this year, with 30 trillion won allocated as third-quarter dividends. Investors expressed disappointment over the lack of a concrete share repurchase plan, with foreign investors net selling 1.8 trillion won on the announcement's first trading da
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21:07

South Korea's Five Major Crypto Exchanges Listed 1,236 Altcoins, Delisted 430 in Four Years

According to data from South Korea's ruling party lawmaker Park Sung-hun, the country's five major crypto exchanges listed 1,236 altcoins and delisted 430 from 2022 to July 2026. The delisting rate of 34.8% exceeded typical stock market levels; Gopax had the highest rate at 63.2%, followed by Coinone at 46.6%. Additionally, 38 altcoins were delisted within one year of listing, with Bithumb accounting for 16 of these cases. The delisting surge reflects investor protection concerns amid aggressive
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21:07

Skylabs Lists on KOSDAQ at 10,000 KRW IPO Price on Sept. 4, Down From Proposed Range

According to Seoul Economic on August 31, digital healthcare company Skylabs will list on South Korea's KOSDAQ market on September 4. The IPO price was set at 10,000 KRW per share, below the proposed range of 13,000-16,000 KRW. The institutional book-building attracted 246 investors with a 63.41-to-1 competition ratio, though over 60% of bids were placed below the target price range. Skylabs manufactures wearable medical devices that continuously measure and analyze vital signs including blood p
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21:03

Real Trump Coins Denies Authorizing GOLD Token, Blames 'Bad Actors' After $312K Team Profit

According to Real Trump Coins' official statement, on Saturday (Aug. 29), the organization denied authorizing, launching, or promoting the Solana-based GOLD token that was briefly promoted across its X account and RealTrumpCoins.com website before being deleted. The company said it was investigating with authorities and blamed the promotion on "third-party bad actors." Blockchain analytics platform Lookonchain reported that the developer and newly created wallets controlled 82.45% of GOLD's tota
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21:02

U.S. Treasury Doubles Bond Buyback to $4B; Gold Surges Over 7% to Near $4,700 in Five Days

On August 19, the U.S. Treasury announced it doubled its long-dated bond buyback program to $4 billion, prompting gold traders to increase bullish bets and sending spot prices surging over 7% in five days to near $4,700 per ounce. According to Goldman Sachs, gold call option demand has risen notably, acting as a "price amplifier" for upward momentum. The intervention signals investor concerns over fiscal sustainability, as U.S. national debt approaches $40 trillion amid persistent deficits.
21:02

ECB's Schnabel Calls for Onchain Central Bank Money as Project Pontes Launches in September

According to Bloomberg, ECB board member Isabel Schnabel stated on August 28 that central bank money must move onchain, arguing that stablecoins lack the capacity to expand liquidity during financial stress and only central bank infrastructure can fill this gap. Project Pontes is scheduled to launch in September 2026, synchronizing the ECB's TARGET Services payment infrastructure with distributed ledger technology platforms. Over time, Pontes will support settlement finality directly on a Eurosy
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20:59

U.S. Retailers Adopt Divergent Strategies for Tariff Refunds: Walmart, Home Depot Cut Prices; Lowe's, Target Prioritize Earnings Boosts

According to Q2 2026 earnings reports, major U.S. retailers adopted divergent strategies for deploying billions in tariff refunds following a February Supreme Court ruling that invalidated President Trump's tariff authority. Walmart received approximately $2.9 billion in refunds and plans to use the funds to lower prices for consumers, while Home Depot deployed roughly $685 million of its $730 million refund to reduce cost of goods sold. Conversely, Lowe's, which received $80 million, prioritize
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20:51

Meta Tests Robots to Handle Data Center Tasks, Could Replace Up to 80% of Manual Work

According to Wired, Meta is recently testing robots from multiple vendors, including Kinova and ABB, to perform maintenance tasks in its data centers, such as power cycling servers and swapping networking cables. The company is evaluating whether robotic arms could eventually reduce reliance on human workers as its AI infrastructure spending accelerates. One Meta data center worker estimates that if successful, the robots could replace up to 80 percent of some personnel's workloads. The company
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20:49

South Korea: 2.6 Trillion Won Flows Into Money Market and Covered Call ETFs in Past Week

According to Korea Securities Depository ETF CHECK, money market and covered call exchange-traded funds attracted a combined 2.6 trillion won in net inflows over the past week through Aug 31. Money market ETFs, which invest in short-term bonds and commercial paper, received approximately 1.6 trillion won, with KODEX Money Market Active leading at 539 billion won. Covered call ETFs also saw strong inflows, including 341 billion won into TIGER Dividend Covered Call Active and 251 billion won into
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