Gate Crypto Flash News and Market Updates

European natural gas prices broke above 65 euros per megawatt-hour for the first time since March 2026, according to market data.

According to China's National Immigration Administration on August 20, 2026, citizens of Kyrgyzstan and Vietnam can now access the 240-hour visa-free transit policy and Hainan's 30-day visa-free entry policy. With these additions, the 240-hour transit program now covers 57 countries, while the Hainan 30-day entry policy applies to 61 countries. Vietnam's Foreign Ministry spokesperson Pham Thu Hang welcomed the move, expressing hope to deepen cultural and people-to-people exchanges with China.

According to an official announcement, Gate launched a CFD double-leaderboard trading competition on Aug 20, running from 12:00 UTC+8 to Sept 1 at 12:00 UTC+8. Participants can simultaneously enter both the Profit Leaderboard and Trading Volume Leaderboard, with rewards stackable across both. Single participants can earn up to 17,776 USDT combined. The Profit Leaderboard requires 50,000 USD cumulative trading volume with positive net returns; top 50 share 42,400 USDT with first place earning 8,8

According to the Bank of Korea, Kwon Min-soo was appointed as deputy governor on August 20, replacing outgoing deputy governor Ryu Sang-dae. Kwon's three-year term will begin on August 21. The central bank praised Kwon as a leading forex and international finance expert with extensive experience in foreign exchange asset management and international cooperation.

According to Israel Airports Authority, major airports in Israel will reduce flight operations starting 2 p.m. local time due to union labor action.

NetEase Youdao posted second-quarter net revenue of 1.47 billion yuan, up 3.5% year-over-year, marking its eighth consecutive quarter of positive operating profit. In the first half of 2026, the company generated 2.81 billion yuan in net revenue with 3.6% year-over-year growth. LobsterAI, its AI Agent business, surpassed 1 million users.

NEAR Protocol has partnered with Zodl to enhance Zcash swapping, a collaboration announced on August 20, 2026. The partnership aims to improve accessibility and user experience for Zcash (ZEC) holders by leveraging NEAR's layer-1 blockchain infrastructure to facilitate faster and more seamless token swaps. Dan Sequeira, a representative of Zodl, credited NEAR's early backing of Zcash as critical to enabling the integration. Zodl is the product arm of the Zcash Open Development Lab, which has rec

According to Beating AI, Callosum, a UK-based AI infrastructure company, has completed a $100 million seed funding round led by Atomico, with participation from Plural, DCVC, and the UK Sovereign AI Fund. The company has developed an AI scheduling software that automatically selects the optimal combination of models and chips for different tasks, aiming to reduce costs and latency while maintaining performance. In testing, Callosum achieved up to 12 times cost reduction compared to GPT-4 at simi

According to Cronos Labs CEO Ryan Wyatt, today the team announced plans to unveil a comprehensive CRO tokenomics overhaul in Q4 2026. The roadmap includes mechanisms for Cronos App revenue buy-back and burn, community burn initiatives, and other related arrangements set to be rolled out progressively.

According to CNBC, Micron Technology is reshaping its hometown of Boise, Idaho, with a $50 billion expansion plan that includes two new chip manufacturing facilities expected to create more than 17,000 jobs in the region, including 3,500 at Micron itself. The company's stock has surged approximately 670% over the past year, with the first new fab scheduled to come online in 2027 as Micron's first U.S. front-end factory for producing leading-edge memory chips. The expansion has driven significant

According to an EU Commission spokesperson, the European Union has no immediate concerns regarding natural gas supply, with current storage capacity at 62% as of August 20.

Coinbase stock surged 18% in under 24 hours through Thursday premarket trading following a White House crypto event on Wednesday. According to Google Finance, COIN closed Wednesday at $160.20 (up 9.55% from $146.23), then climbed 7.77% to $172.64 in Thursday premarket trading. The rally was driven by President Trump's push for the CLARITY Act, which would establish clearer rules for digital assets and define regulatory responsibilities across the SEC and CFTC. Coinbase CEO Brian Armstrong attend

According to mpost.io, FLock.io and Red Hat announced a strategic partnership on August 20, 2026, to integrate privacy-preserving federated learning technology into Red Hat's global ecosystem. FLock.io's FL Alliance platform will become available on the Red Hat Partner Marketplace, enabling institutional clients to train AI models collaboratively without centralizing or sharing raw data. Red Hat's infrastructure serves over 90 percent of Fortune 500 companies, alongside government agencies inclu

According to ChainCatcher, Dow Jones and Nasdaq futures declined slightly following Walmart's quarterly earnings announcement. The e-commerce and retail sector earnings report triggered the moderate sell-off in both major indices futures.

According to Korea Exchange, KOSPI rebounded today (August 20), closing at 6852.58, up 381.41 points or 5.89%. Trading volume and transaction value remained at roughly 50% of the levels seen during the May-June surge, indicating weakened market activity overall.

According to BlockBeats, on August 20, Walmart reported second-quarter revenue of $187.94 billion, exceeding market expectations of $186.77 billion. However, the company lowered its full-year net sales growth forecast to 4-5% from market expectations of 5.3%, and reduced adjusted full-year EPS guidance to $2.80-$2.87, below the expected $2.90. Walmart shares fell over 6% in premarket trading, trading at $107 per share.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil production increased by 562,000 barrels per day to 7.122 million barrels per day in June. Crude oil exports also rose by 559,000 barrels per day to 3.993 million barrels per day during the same period. Meanwhile, domestic oil product demand fell by 34,000 barrels per day to 2.633 million barrels per day in June.

WTI crude oil futures surged 3.0% during the trading day on August 20, reaching $86.94 per barrel.

According to ChainCatcher, on August 19, Hong Kong Exchanges and Clearing (HKEX) reported H1 2026 net profit of HKD 105.68 billion, up 24% year-over-year, reaching a record high. Revenue and other gains reached HKD 167.02 billion, up 19% from the same period last year, also a record. HKEX stock closed at HKD 414.6, up 2.37%, reflecting market confidence in the results. The strong performance was driven by robust corporate financing demand, with 87 new stock listings raising HKD 212.4 billion, up

According to ChainCatcher, following Tencent's Q2 earnings confirmation, the Hunyuan Hy4 model has entered beta testing on Tencent's Yuanbao App. Users discovered the new flagship model listed in the app's model selection menu, labeled as an expert-level model and ranked above Hy3 and DeepSeek. The official Tencent Hunyuan account has also made the model option visible. Tencent confirmed in its Q2 earnings report that the larger-scale Hy4 will launch soon with improved performance and multimodal