Gate Crypto Flash News and Market Updates

According to The Wall Street Journal, Apple is testing memory chips from Chinese supplier Changxin Storage for iPhones and MacBooks, as the company seeks to ease memory supply constraints amid surging artificial intelligence demand.

According to WSJ, Apple has entered preliminary discussions with Changxin Memory regarding the supply of components for certain devices sold in China. The negotiations represent Apple's effort to diversify its memory chip sourcing.

According to the Wall Street Journal on August 9, Hewlett-Packard and Acer have used Changxin Memory (CXMT) chips in devices sold outside the United States and are seeking to lock in additional supply for 2027. As CXMT's production capacity approaches full utilization, space for new international customers remains limited.

According to Iranian sources, Mohsen Rezaei has been appointed to Iran's Supreme National Security Council today (August 9), serving as the representative of Supreme Leader Ayatollah Khamenei and Supreme Commander of the Armed Forces within the council.

According to earnings announcements, Bitdeer (BTDR), Forward Industries (FWDI), and Bit Digital (BTBT) will report their second-quarter 2026 results this week on August 10, 12, and 15 respectively. All three companies posted significant losses last quarter as Bitcoin, Solana, and Ethereum prices declined. Bitdeer reported a $159.5 million net loss in Q1 despite revenue rising to $188.9 million. Forward Industries posted a $283.1 million loss, largely from Solana-related write-downs, and holds 7.

According to Reuters, AI Financial Corp, the Trump family-backed holding company WLFI, has sold its Canadian subsidiary ALT5 Sigma Canada to New York-based Prime Delta in a deal structured with $12 million in secured promissory notes—$1 million due next week, with the remainder paid in installments—plus approximately 1.16 million Prime Delta shares. Prior to this transaction, fintech firm Perpetuals.com had terminated acquisition talks for the subsidiary three weeks earlier. AI Financial's stock

According to its announcement on August 1, Kainia Holdings (00126) said its wholly-owned subsidiary will sell approximately 76.17% stake in Lirun Group Holdings to Delight Rich International Limited for HK$66.15 million. The company plans to use the net proceeds of approximately HK$66 million to establish reserves for future financing costs and support general operational needs, aiming to enhance liquidity amid market uncertainties.

According to MBN, South Korea's stock market experienced sharp volatility recently, with the KOSPI index plummeting from above 9,000 to the 6,000 level within months. As investors fled equity markets amid uncertainty, deposits in interest-bearing savings accounts surged ₩35 trillion within one month as of end-July, marking the largest monthly inflow in approximately three years. The Bank of Korea's recent interest rate hikes have prompted major banks to introduce competitive deposit products off

According to The Information, NVIDIA plans to invest up to $3 billion in Lancium, a power infrastructure developer backing Texas' Stargate data center project. The company will initially commit $2 billion to acquire approximately 20% equity stake in Lancium. The investment values Lancium's land and power assets at roughly $10 billion. Lancium, backed by Blackstone, may enable NVIDIA to add another $1 billion if grid-connection milestones are met. Lancium is considering an IPO in 2027.

According to Bloomberg, OpenAI revealed plans on Wednesday to launch a donut-shaped smart speaker priced between $300 and $400, set for release in 2027. The device, developed in collaboration with designer Jony Ive's LoveFrom studio, features a unique circular design comparable in size to a hockey puck and incorporates movable components for visual feedback during interactions. The screenless speaker will be powered by a battery, enabling portability around the home, and will include a camera sy

According to Morgan Stanley, on August 9, the investment bank signaled that the steep correction in memory semiconductor stocks has ended, with current valuation levels offering attractive tactical re-entry opportunities. In a report titled "Memory - Minor Fluctuation," Morgan Stanley maintained price targets of 2.6 million Korean won for SK Hynix and 375,000 won for Samsung Electronics. The bank views the recent decline as a natural adjustment within the memory industry cycle and cited share bu

According to ChainCatcher, U.S. July consumer price index (CPI) data is expected to show core CPI rising 0.2% month-over-month and 2.5% year-over-year, marking the smallest annual increase since February. The report may indicate cooling energy-related price pressures following weakness in the July employment report, potentially easing inflation concerns within the Federal Reserve. Airline ticket prices are also expected to decline as aviation fuel costs stabilize.

According to BlockBeats, legendary short-seller Michael Burry increased positions in five stocks on August 9, including Lululemon at $127.45, Freddie Mac at $5.43, Mercado Libre at $1,812.39, Fiserv at $51.93, and Zoetis at $72.72. Burry also expanded his short position in semiconductor ETF SOXX at $541, while maintaining existing short positions in Tesla and Palantir unchanged.

According to Odaily, SK Hynix's board of directors recently approved approximately 54.3 trillion Korean won ($38 billion) in investment to expand DRAM and NAND memory capacity in South Korea. The investment is primarily driven by demand from NVIDIA, which relies heavily on HBM (high-bandwidth memory) supplied by SK Hynix to enhance data transmission capabilities in its high-end AI GPUs. SK Hynix is betting that this cycle of artificial intelligence infrastructure spending represents structural,

According to Bitcoin News, major Bitcoin mining pools PyBLOCK and Roughnecks have paused signaling support for BIP-110 as of today. PyBLOCK stated it will continue mining "completely clean blocks with zero spam" consistent with its previous approach. Roughnecks confirmed the halt, noting that while BIP-110 is not abandoned, current algorithm mining under it is largely inefficient. Both pools indicated further updates will follow.

On August 9, Israeli Prime Minister Benjamin Netanyahu rejected the 15-point Gaza plan and stated that Israel will not withdraw from Gaza until Hamas is completely disarmed.

According to Bloomberg, emerging Asian central banks are supporting their currencies on August 9 by attracting foreign capital inflows rather than drawing down foreign reserves. India has raised nearly $40 billion through high-yield dollar deposits offered to overseas nationals, helping the rupee recover from May lows. South Korea is accelerating corporate dollar repatriation, driving the won to its largest single-month gain since 2022. These measures aim to preserve reserve "ammunition" while u

According to ChainCatcher, Litbit pool founder Jiang Zhuoer said on August 9 that Bitcoin's current consolidation between $60,000-$70,000 over two months appears to be a recovery phase rather than a market bottom. He noted that Bitcoin's previous three major bottoms were marked by high losses and large price swings, whereas the current market shows lower losses and smaller volatility. Jiang drew a parallel to 2018, when BTC tested the $6,000 level multiple times over approximately two and a half

According to Iran's Tasnim News Agency, on August 9, Iran's President Pezeshkian held talks with Supreme Leader Khamenei to discuss economic and military matters. The two exchanged views on safeguarding citizens' basic living needs, the current conflict situation, military developments, currency and foreign exchange management, energy resources, and Iran's economic cooperation with foreign nations.

According to CCTV News, Iran's Army Commander Ali Jahansahi stated on August 9 during an inspection of troops in the country's southeastern region that Iran will respond decisively and with deterrence to any hostile action against the country. Jahansahi said that if U.S. forces enter Iranian territory, Iran will strike. He added that Iran's ground forces are in full combat readiness and monitoring potential threats, with rapid response and special forces units deployed along the border.