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
02:05

Hyperliquid Whales Hold $6.028B in Open Positions, Long-Short Ratio at 0.94

According to Coinglass data, Hyperliquid whales currently hold $6.028 billion in open positions today, with long positions at $2.928 billion (48.57%) and short positions at $3.1 billion (51.43%). Among them, whale address 0x082e..88 holds a 5x leveraged long position in HYPE at an entry price of $38.6755, with an unrealized loss of $49.6 million.
02:04

EPA Reports July Ethanol RIN Credits Rise to 1.29 Billion as Biodiesel Falls

According to the EPA announcement on Thursday (Aug 21), ethanol (D6) RIN credits generated in July totaled 1.29 billion, up from 1.28 billion in June, while biodiesel (D4) RIN credits fell to 796 million from 841 million. These Renewable Identification Numbers (RINs) are used by refiners to comply with fuel blending mandates that require renewable fuels such as ethanol and biodiesel to be mixed into the fuel supply.
02:04

China Delivers 115,000-Ton Product Tanker With Domesticated Core Components on August 21

According to China State Shipbuilding Corporation, China's domestically developed 115,000-ton product tanker was officially delivered to users today (August 21). The vessel measures 249.8 meters in length and 44 meters in beam, with a full cargo capacity of 115,000 tons—equivalent to approximately 830,000 barrels of petroleum products. Core engine components have been localized, and the tanker's cargo capacity, speed, and fuel consumption metrics meet international advanced standards.
02:04

Shinhan Asset Management Signs MOU with Solana Foundation to Validate KRW-Denominated Tokenized Fund on August 21

On August 21, Shinhan Asset Management signed a memorandum of understanding with Solana Foundation, token issuance platform Etherfuse, and on-chain liquidity infrastructure Orca to validate the issuance and distribution of KRW-denominated tokenized funds. According to the company, the project will conduct a proof-of-concept (PoC) spanning the full process from fund creation through circulation, mirroring the structure of BlackRock's tokenized fund BUIDL adapted for Korean won assets. The initiat
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SOL4.28%
ORCA4.93%
02:04

Bitcoin Spot ETFs See $1 Billion Weekly Inflows, Largest in 7 Months

According to SoSoValue, U.S. Bitcoin spot ETFs recorded net inflows of $1 billion for the week ended August 19, marking the largest weekly inflow since January 16, when inflows reached $1.42 billion. The previous week saw net outflows of $389.71 million, reversing to inflows within a week. Data through August 19 does not yet reflect the final two trading days of the week, meaning the total could increase further.
BTC7.76%
02:01

Chainlink Co-founder Meets Trump, Discusses CLARITY Act Passage Strategy

According to TheBlock, Chainlink co-founder Sergey Nazarov met with President Trump on August 20 in a private Oval Office meeting to discuss outstanding issues and legislative strategy for passing the CLARITY Act, a comprehensive digital asset framework. During the meeting, Nazarov stated the discussion focused on remaining contentious points, which senators need to approve the bill, and plans for advancing it after Congress reconvenes. Trump expressed optimism about the bill's passage prospects
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LINK2.76%
02:01

China's ChiNext Index Rises 1%, CPO Concept Gains Most

According to Jin10, China's three major stock indices closed mixed on August 21, with the ChiNext Index up 1%, the Shenzhen Component Index up 0.4%, and the Shanghai Index near breakeven. Gold, shale gas, MLCC, and CPO concepts led the market gains.
02:00

Kakao to Split Into KakaoAI and KakaoX on January 1, 2027, With 0.36:0.64 Equity Ratio

According to Odaily, Kakao's board approved a spinoff on August 21, creating two entities effective January 1, 2027. KakaoAI will focus on AI services centered on KakaoTalk's 50 million users, targeting 20 million daily active AI users and 6 trillion won in annual revenue by 2030. KakaoX will oversee core subsidiaries including KakaoBank and KakaoPay, managing 6.4 trillion won in investment capital with a 2030 revenue target of 10 trillion won. Current shareholders will receive shares in both co
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01:58

JP Morgan Warns U.S. Treasury Buyback Plan May Push Long-Term Bond Yields Higher

According to JP Morgan, on August 20, the bank warned that an expansion of U.S. Treasury bond buyback operations could lead to higher long-term interest rate premiums and bond yields over time. In a report, the bank stated that without substantial fiscal consolidation, markets would view the measure as lacking credibility. The bank also noted the timing of the announcement—just two weeks after the Treasury's funding plan disclosure—was highly unusual. Following the announcement, the 10-year U.S.
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01:55

Guizhou Phosphate Group Receives 73,500-Ton Middle East Sulfur Shipment at Zhanjiang Port

According to Jin10 Futures, Guizhou Phosphate Group's 73,500-ton sulfur shipment from the Middle East arrived at Zhanjiang Port in Guangdong on August 20 morning. The shipment marks the company's first direct Middle East mainstream cargo import since the Gaza conflict escalated, and represents its largest single procurement contract and highest transaction value since its establishment in 2019.
01:53

Indonesia's Central Bank Shifts to Hedging Incentives Instead of High Yields on August 21

According to Jin10, on August 21, Indonesia's newly appointed central bank deputy governor Destry Damayanti announced a policy shift during the first policy meeting. The central bank will transition from relying on rising Indonesian rupiah bond yields to offering hedging incentives to attract foreign investors. The benchmark interest rate was held unchanged. OCBC Bank strategist Christopher Wong stated: "The central bank's unwillingness to indefinitely depend on climbing rupiah debt yields is a
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01:52

Inkwater Launches Last-Meter Positioning Technology for GPS-Denied Indoor Navigation

Inkwater Holding Inc. announced a next-generation spatial intelligence and positioning technology aimed at solving GPS signal loss in indoor environments. The Last-Meter Positioning solution enables location tracking and navigation without requiring new Beacon devices, dedicated infrastructure, or complex on-site setup—unlike traditional indoor positioning systems. The technology leverages existing ambient wireless signals and terminal device sensors to maintain continuous positioning as users o
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01:51

South Korea's Short-Term Debt-to-Reserves Ratio Hits 46.5%, Highest Since 2011

According to Yonhapinfomax citing Bank of Korea data released on Aug 21, South Korea's short-term external debt-to-reserves ratio climbed to 46.5% in the second quarter, marking the highest level in approximately 15 years. The ratio rose 3.1 percentage points from 43.3% in the first quarter, driven primarily by foreign investors' four consecutive months of net stock sales totaling approximately 103.7 trillion Korean won from May through August. The BOK attributed the increase to foreign investor
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01:51

Japan's Core CPI Rises 1.8% Year-Over-Year in July, Matching Expectations

According to Japan's Statistics Bureau, July core CPI (excluding fresh food) rose 1.8% year-over-year on August 21, matching market expectations. The increase marks an acceleration from June's 1.6% gain. The headline CPI, including energy and fresh food prices, climbed 2% annually. The dollar-yen exchange rate fell 0.07% following the announcement, trading at 158.937 yen as of early morning trading.
01:50

Strategy's Bitcoin Losses Narrow to $685M; Breakeven Requires $800 BTC Rise on Aug 21

According to on-chain analyst Yu Jing, on August 21, Strategy's unrealized losses narrowed to $685 million from $9.904 billion, representing a recovery of $9.219 billion. The fund would break even if Bitcoin rises approximately $800, given its average position cost of around $75,385. BitMine's Ethereum holdings also recovered significantly, with unrealized losses declining from $8.513 billion to $5.879 billion, a recovery of approximately $2.634 billion.
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BTC7.76%
ETH4.09%
01:45

Bitcoin Miners' AI Capital Spending Hits $5.11B in H1 2026, 15x Revenue at $340M

According to Cointelegraph citing BlocksBridge Consulting, nine listed Bitcoin miners' capital expenditure on artificial intelligence and high-performance computing (HPC) in H1 2026 reached $5.11 billion, while related revenue totaled only $340 million, yielding a 15:1 investment-to-revenue ratio. In Q2 2026, AI and HPC revenue from the nine miners grew 52% quarter-over-quarter to $206 million, with Core Scientific, TeraWulf, and Bitdeer leading gains. Across a broader sample of 15 mining and AI
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BTC7.76%