Gate Crypto Flash News and Market Updates

According to Korea Exchange, KOSPI's daily average trading value fell to 25.7 trillion won this month, marking the lowest level of 2026, down from 50 trillion won in May and June. Daily trading volume also declined to 321 million shares, reverting to August 2025 levels. The decline reflects weakened investor sentiment among retail traders following significant losses from last month's market volatility and leveraged investment setbacks. While KOSPI index itself has recovered, recently rebounding

Fireblocks appointed former US Securities and Exchange Commission Acting Chairman Elad Roisman as Chief Regulatory and Policy Officer and General Counsel, Regulatory, the company announced today. Roisman will lead the company's regulatory engagement across the US, Europe and other markets as US stablecoin restrictions on unlicensed issuance are set to begin on January 18, 2027. On the same day as the appointment, the US Treasury published proposed rules defining when a company is considered to i

According to data from August 17-18, 2026, Pump.fun's PUMP token printed its first golden cross, with its 50-day exponential moving average crossing above its 200-day EMA for the first time since launch. The technical breakout coincides with strengthening fundamentals: seven-day revenue reached $11.52 million, the highest level since February, placing Pump.fun fourth among all crypto protocols behind only Tether, Circle, and Canton. The protocol's buyback mechanism amplified the upside. Over the

According to Bitcoin.com News, Michael Saylor told investors this week that MicroStrategy (MSTR) shareholders should maintain a time horizon of at least 4 years, ideally 7 to 10 years, as the company executes its multi-decade bitcoin accumulation strategy. Strategy currently holds $4.8 billion in cash, primarily allocated to fund dividend payments on its STRC preferred stock. Saylor stated buybacks would only become likely if MSTR traded at a steep discount to net asset value (NAV). As of now, S

According to ChainCatcher, Metaplanet announced today it will invest 2,100 BTC and $2.5 million in cash to acquire approximately 95.7% of the outstanding shares of Nasdaq-listed Super League for a total consideration of around $134.6 million. Following the transaction, Super League will be rebranded as Superplanet and operate as Metaplanet's U.S. bitcoin treasury platform. Metaplanet currently holds 43,000 BTC.

According to Business Insider, OpenAI CEO Sam Altman said on August 18 during an Internapalooza event that four-year university programs may not be necessary, with two years being "just about long enough" for him. He emphasized that meeting many people, living independently, and engaging in various projects remain valuable experiences. Altman studied at Stanford for two years before dropping out in 2005 to co-found Loopt, a location-sharing app that later became one of Y Combinator's earliest st

According to CoinDesk, Visa is seeking a new stablecoin settlement and over-the-counter trading partner to replace BVNK following its acquisition by Mastercard. The request for proposal indicates Visa's partner must hold cryptocurrency exchange licenses in the U.S., Canada, UK, and Singapore. The new partner is expected to support multiple stablecoin conversions and settlement services, including processing of Open USD—a stablecoin project backed by Stripe, Visa, and Mastercard. Visa previously

According to the Court of Appeals, on July 24, the appellate court overturned the Energy Regulatory Commission's decision to revoke the operating permits of S.I. Power Corporation (SIPCOR), ruling that the regulator violated the company's procedural due process rights. The CA found that the ERC used a fact-finding investigation to revoke SIPCOR's permits without formally notifying the company of the risk or providing it an opportunity to contest evidence presented after the hearing. However, the

U.S. import prices excluding gasoline rose 0.3% month-over-month in July, beating analyst expectations of 0.1% and slowing from the prior month's 0.5% gain.

According to Korea Exchange data, The Born Korea stock advanced 21.8% on August 18 to 19,360 won, marking its highest level in three months. The gain came after CEO Baek Jong-won announced concrete North America business expansion plans, including a partnership with Canada's SunRay Group, which operates approximately 80 hotel properties in the country. The stock rose 12.8% on August 14 following initial disclosure of his U.S. visit. In the U.S., The Born Korea will produce Hong Kong Bando sauce

In July, U.S. export prices rose 8.2% year-over-year, falling short of the 9.7% forecast and declining from 10.2% in the prior month, according to U.S. economic data.

Bond markets are sending the Federal Reserve a stark message ahead of its September 16 meeting. While the implied probability of a rate hike in September has collapsed from nearly 100% in late July to just one-third, the 30-year U.S. Treasury yield has climbed to 5.31%, the highest since 2007. This divergence runs counter to historical patterns. Since the Fed began its rate-cutting cycle on September 18, 2024, the benchmark rate has fallen 1.75 percentage points, yet the 10-year Treasury yield h

U.S. housing permits totaled 1.443 million in July, exceeding economist expectations of 1.37 million and rising from the prior month's 1.374 million, according to government data.

U.S. import prices fell 0.4% month-over-month in July, missing economists' forecast of a 0.1% increase. Additionally, June's import price data was revised downward from an initially reported 0.3% gain to a 0.3% decline, marking a significant downward adjustment.

U.S. housing permits increased 5% month-over-month in July, reversing a prior 2.60% monthly decline.

The U.S. import price index in July increased 5.9% year-over-year, below the expected 6.7% and down from 7.1% in June.

U.S. housing starts declined 12.4% in July, significantly undershooting the forecast of -5.9% contraction. The sharp drop marked a reversal from June's strong 19% increase, signaling a notable pullback in residential construction activity.

According to PPP prediction market monitor, a new account (0x42d150e0171590b28332a61b3f4cfca0a34cdab6) purchased nearly $700,000 worth of BTC price predictions on Polymarket today, betting that Bitcoin will not fall below $45,000 before year-end 2026, with an average entry price of 78.3 cents. The market uses Binance's BTC/USDT pair as settlement reference, with the resolution period running from November 24, 2025, to December 31, 2026 (U.S. Eastern Time).

U.S. housing starts in July came in at an annualized 1.239 million units, missing the forecast of 1.35 million. The prior month's reading was revised to 1.415 million from 1.427 million.

According to U.S. Census Bureau, export prices in the United States declined 1.3% month-over-month in July, falling short of the expected 0% growth and marking a steeper drop than the prior month's 0.6% decline.