Gate Crypto Flash News and Market Updates

According to Bitget, Bitcoin broke above 67,000 USDT on August 19, reaching 67,088 USDT with a daily gain of 3.65%.

According to its amended interim report filed on August 19, Kakao added "other information services" to its business scope and is pursuing stablecoin and digital asset services in partnership with subsidiaries. The company said the initiative aims to support a multi-asset digital wallet and create synergies across its platform ecosystem as wallet economy expands globally. Specific investment scale and timeline have not been disclosed.

According to Singapore Police Force, on August 17, Facebook, Instagram and TikTok must establish systems to verify financial advertisers' licensing status and detect suspected scams before publishing ads targeting Singapore users by January 31, 2027. The requirement, issued under the new Code of Practice for Social Media Services, applies after the three platforms accounted for roughly 30% of scam cases in Singapore in 2025. Failure to comply carries a maximum fine of S$1 million, with further p

On Wednesday, Aug 19, the healthcare ETF surged 3.51%, while consumer discretionary ETF and solar energy ETF gained 1.92% and 1.18% respectively. Staples ETF rose 1.10%. Regional bank and KBW bank ETFs declined over 2%.

According to Trump on Wednesday, Commodity Futures Trading Commission Chair Michael Selig is working to bring perpetuals-focused platform Hyperliquid into the United States in a "fully compliant and legal fashion." Trump made the comments during a press conference with federal agency chairs and technology leaders. HYPE token surged 17% over the past 24 hours following the announcement, according to The Block's price data. Related ETF products also rose sharply: the 21Shares Hyperliquid ETF (THYP

According to Onchain Lens, a large whale has unstaked 300,660 HYPE tokens worth approximately $21.02 million and entered the unstaking queue this week. A total of 726,300 HYPE tokens, valued at around $50.4 million, are scheduled to be unstaked this week.

The U.S. Commodity Futures Trading Commission (CFTC) has formally launched its public comment period on computing power futures contracts. CME, Intercontinental Exchange, and fintech company Architect Financial Technologies are among institutions planning to launch related contracts upon regulatory approval. CFTC Chair Michael Selig stated that a strong computing power derivatives market is essential for the U.S. to win the AI race, noting this comment period is the first step in establishing cl

Chainlink's renewed focus on AI-agent infrastructure contributed to LINK rising 6%, driven by the network's oracle and interoperability services and integrations such as S&P Global's Stablecoin Stability Assessments on-chain. The protocol also converts revenue into LINK purchases through its reserve mechanism. Memento opened its trend-to-proposal pipeline under an MIT license, allowing end-to-end signal processing with preserved evidence and risk data. The project's validator rejects unverified

According to reports, Moderna and Merck's experimental mRNA cancer therapy demonstrated clinical success in trials Wednesday, sending Moderna shares up 177% and Merck shares up 12.6%. The customized treatment, called intismeran, was tested in combination with Merck's cancer drug Keytruda in over 1,100 patients with high-risk melanoma and showed a clinically meaningful improvement compared to Keytruda alone. The mRNA-based therapy works by training the immune system to target tumor mutations spec

According to Korea Exchange, Timefolio Asset Management's TIME U.S. Dividend Dow Jones Active ETF was delisted on August 19 for failing to maintain a correlation coefficient of 0.7 or higher with its benchmark index for three consecutive months. The product had delivered a 1-year return of 36.06% as of May 14, outperforming its benchmark by 9.42 percentage points. Industry participants questioned the regulatory framework, noting that South Korea's strict correlation coefficient requirement for a

According to The New York Times, Stripe agreed to acquire OpenRouter on Wednesday for approximately $7.5 billion, with about $1.5 billion allocated to OpenRouter's founders. OpenRouter, which helps developers access AI models including open-weight alternatives from Chinese labs like DeepSeek, raised $113 million at a $1.3 billion valuation less than three months ago. Stripe CEO Patrick Collison said the combined entity will "help businesses maximize profitability by routing their requests intell

Chinese-listed stocks mostly rose today (August 19), with the Nasdaq China Golden Dragon Index up 1.52% and the WealthTech Index up 2.43%. Among major gainers, Kingsoft Cloud surged 14% and Astra Solar climbed over 7%. Beauty Semiconductor fell over 8% and ZTO Express dropped nearly 7%, leading declines.

According to ChainCatcher, citing Gate market data, U.S. stock indices closed higher on August 19. The Dow Jones Industrial Average rose 119.71 points, up 0.22%, closing at 53,463.11. The S&P 500 gained 16.5 points, up 0.21%, at 7,708.26. The Nasdaq Composite Index increased 41.38 points, up 0.16%, closing at 26,331.09.

According to Argentina's Minister of Economy, Argentina approved a $6.4 billion large-scale investment incentive program on August 19 for TECPETROL's Los Toldos II oil project in Vaca Muerta.

According to VanEck, eight of 12 capitulation indicators tracked by the asset manager are currently flashing, with Bitcoin trading around $64,300 Wednesday, about 49% below its all-time high. The indicators measure conditions reaching extremes during market declines, including drawdown from peak, miner economics, and proportion of holders sitting on losses. VanEck's historical analysis shows that when eight to 12 indicators were active in previous periods, Bitcoin returned an average 12.8% over

Trump is expected to attend a White House crypto meeting today (August 19) to urge the Senate to hold a final vote on the Digital Asset Market Clarity Act. Ethics provisions remain a key point of contention over the legislation.

According to Onchain Lens, on August 19, HYPE surged 19%, putting trader Loracle (0x8def...92dae) at liquidation risk on a 685,740 HYPE short position worth approximately $47.79 million. Using 3x leverage with an entry price of $53.716, the position faces liquidation at $87.607. Current unrealized losses stand at approximately $10.95 million.

According to Bitwise CEO, Bitwise Hyperliquid ETF BHYP recorded trading volume exceeding $40 million on August 19, as announced via X platform.

According to Jin10, on August 20, Trump indicated that U.S. Treasury Secretary Bessent may introduce major sanctions on Iran this week, stating that "Bessent does not mess around." Trump said the U.S. possesses "very severe sanctions options" and will monitor developments.

According to Onchain Lens, a wallet allegedly linked to Amber Group withdrew 200,000 HYPE tokens valued at $13.83 million from Hyperliquid 5 minutes ago (Aug 19). The wallet address is 0xB3B...221D.