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
12:57

NCT Surges 450% on Aug 26 Following Upbit KRW Market Launch

According to PANews, Polyswarm (NCT) token surged approximately 450% on Aug 26 following the launch of Upbit's KRW market at 20:00 Beijing time. The token traded near $0.026, with a market cap of approximately $50 million and 24-hour trading volume close to $100 million.
12:55

KOSDAQ's Retail Investor Share Drops to 65.6% YTD, Foreign and Institutional Buyers Surge

According to Korea Exchange, as of August 25, 2026, retail investors' share of KOSDAQ trading volume fell to 65.6%, down from 79.31% in 2024 and 73.8% in 2025. Foreign investors' share rose to 24.3% from 14.92%, while institutional investors' participation climbed to 8.8% from 4.61% over the same period. The shift reflects growing inflows through KOSDAQ-tracking ETFs, whose assets under management surged 3.8-fold to 14.2 trillion Korean won as of August 16, 2026, versus 3.8 trillion won at end-2
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12:52

Non-Sports Prediction Market Volume Surges 144% in August

Gate News message, non-sports prediction market volume across Kalshi and Polymarket increased by 144% in August. According to the data, most of the growth came from Kalshi, which continues to dominate non-sports activity in the prediction market sector.
12:50

Hong Kong Stock Indices Rise: Hang Seng Up 0.56%, Hang Seng Tech Up 0.82% Today

According to MoneyDJ, Hong Kong stock indices rose today (August 26), with the Hang Seng Index closing at 25,652.97 points, up 141.87 points or 0.56%, turning positive on the daily chart; the Hang Seng Tech Index closed at 4,626.15 points, up 37.61 points or 0.82%. Tech stocks led market gains, with Xiaomi and Alibaba each rising over 2%, while color metals stocks also performed strongly, providing broad support to the overall market as external risk sentiment cooled and U.S. Treasury yields ret
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12:45

Fed Rate Hike Odds for September Rise to 42% on Inflation Data, August 26

According to Jin10, on August 26, market pricing showed September Federal Reserve rate hike odds rose to 42%, up from approximately 36% before the data release. The increase followed the U.S. government's report that July inflation, a key Fed focus metric, climbed 3.7% year-over-year, slightly above economist expectations. Rate futures data reflected the market's reassessment of Fed action at its September meeting.
12:44

Samsung Electro-Mechanics Reaches 23.96% Weight in TIGER AI Semiconductor ETF; MLCC Prices Rise 30% in August

According to Yonhapinfomax, on August 26, Mirae Asset's TIGER AI Semiconductor Core Process ETF holds Samsung Electro-Mechanics (23.96%) as its largest position, followed by LG Innotek (17.03%) and I.S. WIS (16.75%). The ETF head noted that MLCC prices rose approximately 10% in June and surged over 30% further in August, driven by growing AI server demand. Mirae Asset projects semiconductor supply chain companies will benefit from expanded capital expenditures by Samsung Electronics and SK Hynix
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12:43

Bernstein Forecasts Bitcoin to Reclaim $125K by Late 2026, Peak at $300K in 2029

According to Bernstein research report seen by Cointelegraph, Bitcoin is expected to reclaim $125,000 by late 2026 under both base and bull case scenarios. The company's base case projects Bitcoin at $150,000 by mid-2027 before reaching a cycle peak of about $300,000 in 2029, while its bull case puts BTC at $200,000 by mid-2027 and $500,000 in 2029. Bernstein maintained a longer-term target of about $1 million by 2033 under both scenarios. The forecast is based on Bitcoin's historical four-year
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BTC-0.23%
12:42

Alibaba's Qwen Launches Qwen3.8-Flash Model with 125B Parameters, Pricing at $0.16 per Million Input Tokens

According to PANews, Alibaba's Qwen launched Qwen3.8-Flash today, an early preview of the Qwen4 architecture. The multimodal mixture-of-experts model features 125 billion parameters and 51 billion N-gram embedding parameters, with per-token activation of only 6 billion parameters, delivering high cost efficiency. The production version will be available via Qwen Cloud API at $0.16 per million input tokens and $0.47 per million output tokens.
12:41

Oracle Told Managers to Cut Payroll by September 1, After 21,000 Jobs Cut in FY2026

According to Business Insider, Oracle told managers to reduce payroll before September 1, citing an internal report, marking a fresh round of cuts following fiscal 2026 when the company eliminated roughly 21,000 positions and spent $55.7 billion on data-center capital expenditure. Oracle's workforce declined from about 162,000 to 141,000 over the fiscal year ended May 31, a 13 percent reduction. The company recorded $1.84 billion in severance and exit costs for fiscal 2026, up from $374 million
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12:41

Alibaba Qwen Releases Qwen3.8-Flash with 6B Activated Parameters, Outperforms Opus 4.6 in Multiple Agent Benchmarks

According to Beating AI, Alibaba Qwen released Qwen3.8-Flash today, with open-source weights also available under Qwen3.8-Flash-Next, featuring the next-generation Qwen4 architecture. The multimodal MoE model has 125B total parameters with only 6B activated, plus 51B N-gram Embedding for memory optimization. In official benchmarks, Qwen3.8-Flash scored 9.1 points higher than Claude Opus 4.6 on SWE-bench Pro, approximately 20 points higher on JobBench, 22.5 points higher on AndroidWorld, and 25.1
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12:37

Revolut Launches EURR Euro-Pegged Stablecoin in Three EEA Markets

On Wednesday, Revolut began rolling out EURR, a euro-pegged stablecoin pegged to €1, to selected customers in Denmark, Poland and Portugal. The token is integrated into Revolut's app, enabling customers to move between euros and crypto on-chain. It will operate across multiple blockchains and support external wallets. EURR is issued by Bridge Building S.A., a Luxembourg entity licensed as a crypto asset service provider and electronic money institution, with reserves held and managed by Bridge (
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