Gate Crypto Flash News and Market Updates

According to Money Today, South Korea's KOSDAQ market showed signs of recovery on August 24 following regulatory curbs on single-stock leverage ETFs. The KOSDAQ Advanced Decline Ratio (ADR) climbed to 107.11%, up 7.04 percentage points from the previous day, indicating improved fund circulation across the market. The KOSDAQ index rose 1.42% to 813.33, posting gains in 11 of the month's 15 trading days. KODEX KOSDAQ 150, the largest passive ETF tracking the index, attracted 360.5 billion Korean w

According to The Block, cryptocurrency exchange volume doubled last week to $37 billion, rebounding from yearly lows. The volume remains below the 12-month high of $105 billion recorded shortly after the 10/10 liquidations. Bitcoin and Ethereum gained over 23% and 30% last week respectively, with the broader altcoin market rising approximately 13% in the same period.

According to the U.S. Central Command, on August 24, the military has forced 71 merchant vessels off course, disabled 3 ships, and boarded 2 vessels to ensure compliance with related requirements. The command has permitted more than 40 vessels carrying humanitarian aid supplies to proceed.

According to Jin10, on August 25, U.S. President Trump criticized Canadian leaders on his Truth Social platform, dismissing Ontario Premier Doug Ford's statements as "posturing" and accusing Canada of decades-long dependence on American support. Trump stated that Canada's economy relies heavily on U.S. funds and energy, with significant electricity, oil, and natural gas transiting through American territory. He warned that if Canada does not "behave properly," it will face more severe consequenc

According to Jin10 citing U.S. Southern Command statement, the U.S. military conducted a strike on a suspected drug trafficking vessel in the eastern Pacific on August 23, resulting in two deaths. The command disclosed the operation on August 24.

According to market analyst Xaif Crypto, Goldman Sachs reported $86.5 million across five spot XRP ETFs in its Q2 2026 13F regulatory filing. Following subsequent gains, that position is now estimated at roughly $113.7 million, representing a 31% increase in value. The disclosure arrives as XRP delivered its strongest weekly performance in two years, surging 45.57% and outpacing Bitcoin (+24.28%), Ethereum (+33.63%), and other major cryptocurrencies, according to CoinCodex data.

According to a letter to dealerships seen by the Wall Street Journal, Polestar said it remains unclear why the U.S. Commerce Department blocked its sales in June while approving Volvo Cars, both owned by Chinese conglomerate Geely Holding, despite selling nearly identical vehicles on the same South Carolina production line. The ban, which applies to 2027 model year vehicles onward, stems from Biden-era rules preventing China from accessing American driver data through connected car technology. P

Bitcoin surged above $80,000 in the past 24 hours, sparking significant liquidations in the leveraged derivatives market. Short liquidations exceeded $120 million during the same period as the price rally triggered automated position closures.

According to HyperliquidNews, Hyperliquid added ONE spot trading code on August 24. The opening buy was executed at 593.99 HYPE, valued at $46,900.

According to the U.S. State Department, Secretary of State Rubio spoke with Germany's Foreign Minister on Monday regarding shared commitment to freedom of navigation in the Strait of Hormuz.

According to the U.S. State Department, Secretary of State Marco Rubio met with South Korean Foreign Minister Cho Tae-yeol on Monday to discuss issues related to the U.S.-South Korea alliance. Rubio emphasized that the two countries need to maintain close coordination.

According to Samsung Electronics, on August 21, the company approved a 90-110 trillion won ($65.1-$79.5 billion) shareholder return, the largest ever by a Korean company. Two days earlier, on August 19, SK Hynix announced a 40 trillion won ($28.6 billion) share buyback and full cancellation. Both decisions are fueled by record 70% operating margins in high-bandwidth memory, with Samsung's Device Solutions unit contributing over 99% of the division's operating profit in Q2. Samsung's strategy emp

According to reports on Monday, Polish prosecutors investigating collapsed cryptocurrency exchange Zondacrypto estimate customer losses at 2.4 billion Polish zlotys, roughly $650 million, with CEO Przemysław Kral charged with participating in large-scale fraud. The figure represents a significant increase from the minimum 350 million zlotys disclosed when authorities opened their investigation on April 17. Investigators suspect only part of customer deposits were used to purchase cryptocurrency,

According to HTX market data, SOL broke above $95 to trade at $95.06 on August 24, down 0.17% in 24 hours.

According to Jin10, on August 24 evening, Iranian Parliament Speaker Mohammad Baqer Qalibaev responded on social media to U.S. sanctions threats, stating that the United States lacks economic capacity to further restrict other countries' international relations and that no one believes American statements. Later that day, U.S. Treasury Secretary announced multiple economic sanctions measures against Iran.

According to ChainCatcher, Elon Musk stated that Nvidia's space-optimized Vera Rubin chip platform will reach significant scale by 2028. The Vera Rubin NVL72 system is scheduled to launch in orbit during the fourth quarter of next year.

According to Channel 14 television, Israeli Prime Minister Benjamin Netanyahu claimed on August 24 that Iran had attempted to assassinate his son. Netanyahu did not disclose specific details or clarify which son was targeted during the interview.

Elon Musk announced plans to launch the Vera Rubin NVL72 system to space orbit in the fourth quarter of 2027.

According to Vice President Vance on August 24, negotiations between the U.S. and Canada over trade remain ongoing. Vance stated that Canada had raised "unreasonable demands at the last minute" and emphasized that the U.S. seeks fair trade policies. He said, "We want a fair trade policy. We need to send a loud and clear message to the Canadian Prime Minister: stop taking advantage of Maine's people, stop taking advantage of America. It's all over." Vance reaffirmed that "America will strive for

According to the U.S. Department of Treasury, the United States has revoked its designation of Hayat Tahrir al-Sham (HTS, also known as the Levantine Liberation Front) as a specially designated global terrorist organization.