Gate Crypto Flash News and Market Updates

According to Coinglass data, the Crypto Fear and Greed Index stands at 71 today, up 10 points from yesterday, indicating a greed state in the market. The 7-day average for the index is 45, while the 30-day average is 32.

According to BlockBeats, on August 21, Coinbase's bitcoin premium index remained in negative territory at -0.0221%, marking the 95th consecutive day below zero since May 19. This extends the metric's longest negative premium streak since its inception, surpassing the previous record of 40 consecutive days from January 16 to February 24 of this year.

On August 21, SK Hynix announced a 40 trillion won (approximately $30 billion) share buyback plan. The stock is currently trading around 1.7 million won per share. The move has renewed attention on celebrity investor Cheon Won-joo, who purchased SK Hynix shares in the past and continues to hold the position.

According to Barron's, John Ternus will become Apple's chief executive on September 1, potentially adjusting the iPhone maker's spending strategy to strengthen its artificial intelligence capabilities. Bank of America Securities analyst Wamsi Mohan stated that Apple may increase research and development, capital expenditure, and pursue larger-scale acquisitions as the company moves into the AI era. The shift marks a change from Apple's previous emphasis on maintaining net cash neutrality, a stra

According to GMGN data, SOL-based Meme coin CATE surged more than 140% intraday on August 21, with its market cap breaking through $35 million and currently trading at $33 million.

According to Bithumb's announcement, the Korean exchange lists NEXO trading against the Korean won (KRW) on the Ethereum network today (August 21) at 1:00 PM. Deposits and withdrawals are expected to open within 2 hours of the announcement. To ensure market stability, a temporary buy order ban will be in effect for the first 5 minutes after trading begins.

According to a 13F filing submitted to the SEC last week, billionaire investor Stanley Druckenmiller bought 23,400 Micron (MU) shares in the first quarter of 2026 and liquidated his entire position in the second quarter. The chipmaker surged over 300% in the first half of 2026, lifting its market value to approximately $1.1 trillion. Druckenmiller's exit echoes his past experience with Nvidia (NVDA), which he has called a "major mistake" for selling too early. Micron rose 3.97% to close at $974.

According to a recent Benzinga interview, Ouster CEO Angus Pacala said the autonomous driving competition between Tesla and Alphabet's Waymo is not a zero-sum battle. Instead, both companies are expanding the overall Physical AI market. Pacala stated that Ouster does not view Tesla or Waymo as competitors but rather as pioneers advancing the industry through continued investment. The company focuses on providing sensing and environmental perception technology platforms that enable broader adopti

According to Caixin, Hong Kong's Court of Appeal yesterday rejected a sentence reduction appeal and upheld the 56-month prison sentence for Ma Zhihao, the mastermind of an organized phone scam and human trafficking case. During the investigation, Hong Kong police used blockchain and cryptocurrency transaction records to track criminal proceeds. A victim's family transferred approximately 9,527 USDT to a wallet designated by the criminals; blockchain tracking confirmed that 8,127 USDT flowed into

According to Yonhap Infomax, the US dollar-Korean won exchange rate fell to 1,380.50 won during morning trading on August 21, marking its lowest level in approximately 11 months. The rate dropped 12.70 won from the New York close at 1,396.00 won. Foreign investors drove the decline through strong dollar selling in futures markets and offshore markets, with equity market net buying of 310 billion won also adding downward pressure on the dollar.

According to Wu Blockchain on August 20, an Ethereum user reportedly lost 1,010 ETH (approximately $2.3 million) after accessing a suspected phishing site that mimicked Tornado Cash. Community reports claim the attacker obtained the expired tornado.cash domain and deployed a counterfeit interface to capture users' deposit credentials. The victim allegedly supplied withdrawal information to the fraudulent frontend, enabling the attacker to access the funds. On-chain evidence independently confirm

Coinbase CEO Brian Armstrong predicted on Fox Business on August 20 that Bitcoin could reach between $300,000 and $400,000 by 2030, citing regulatory clarity and institutional adoption as key drivers. From current levels above $72,000, these targets would require Bitcoin to rise 317% to 456%, potentially corresponding to a market value of $6.3 trillion to $8.4 trillion.

According to RootData data released on August 21, the top 5 derivatives exchanges experienced significant 24-hour trading volume declines. Binance's 24h volume fell 31.04% to approximately $21.03 billion, while OKX dropped 41.39% to $4.7 billion. Gate saw a 43.16% decline to $2.805 billion, Hyperliquid fell 31.01% to $3.681 billion, and Bitget decreased 26.92% to $2.2 billion. Meanwhile, crypto-native perpetual markets showed growth. According to Coinglass, Bitcoin perpetual open interest reache

According to the Wyoming Stable Token Commission, FRNT infrastructure has been migrated from LayerZero to Chainlink CCIP following a security review. FRNT is a fiat-backed stable token active across eight blockchains. The Commission cited cross-chain security as the primary driver for the infrastructure decision.

According to the Guangzhou Intermediate People's Court, on August 21, the court accepted a bankruptcy liquidation application against Evergrande Property Group Co., Ltd., filed by the Huaxia Branch of Guangzhou Rural Commercial Bank Co., Ltd. The applicant cited the company's inability to repay due debts and insufficient assets to cover all liabilities as grounds for the petition, which the court determined met the requirements under Article 2 of the Enterprise Bankruptcy Law of the People's Rep

According to Jin10, on August 21, China's National People's Congress Standing Committee Legal Work Committee held a press conference where spokesperson Huang Haihua introduced revisions to the Enterprise Bankruptcy Law. The draft amendments build on the current restructuring system and incorporate international best practices. Key improvements include establishing a temporary protection system to safeguard bankruptcy proceedings; expanding restructuring application procedures to allow creditors

According to Bitwise CEO on X, Bitwise ETFs recorded trading volumes exceeding $300 million for the second consecutive day on August 21. Bitwise Bitcoin ETF (BITB) led with approximately $106 million in daily trading volume, followed by the Bitwise XRP ETF (XRP) at around $82 million.

According to BlockBeats, on Aug 21, a wallet address (tracked by TradingBeats) completed a significant Bitcoin long position buildup, accumulating approximately $9.9 million in BTC perpetual futures. The address entered at prices ranging from $53,653 to $66,667, with multiple large orders of 132.67 BTC. Currently holding $9.89 million in BTC longs at an average entry price of $68,785.80, the position shows $760,000 in unrealized gains (154% ROI). Notably, the address concentrated capital solely

According to CCTV News, as of August 21 at 0:00, Typhoon Meisakha has caused 159 deaths and 10 missing persons across 16 counties and cities in Nanning and Guigang, Guangxi, with 1.65 million people affected. Both cities have transitioned to post-disaster recovery and reconstruction operations.

According to Financial Times, Ukraine is seeking approval to use Starlink-equipped drones to target Russian ballistic missile launchers within a 200-kilometer range inside Russia.