Gate Crypto Flash News and Market Updates

According to CryptoQuant analyst Axel Adler Jr., short-term Bitcoin holders (STH) are down 6% on average as of mid-August, with an unrealized loss level indicating market stress but no signs of capitulation-style selling. The STH MVRV ratio stands at 0.94, having remained below the 1.0 breakeven level for 98 consecutive days, reflecting over three months of sustained losses. The group's realized price is approximately $67,300, against a spot price of $63,200. Behavior metrics reinforce this pict

According to Kookmin Ilbo, retail investors in South Korea experienced significant losses throughout 2025 and early 2026 after following bullish semiconductor stock recommendations on YouTube, falling victim to confirmation bias amplified by algorithmic content curation. Three case studies detailed in the report show investors who concentrated 50-80% of their portfolios in Samsung Electronics and SK Hynix based on YouTube analyst predictions of further gains, only to face losses of 30-40% as mar

According to Ukrainian Air Force and emergency officials, Russian forces launched strikes targeting 16 locations across Ukraine overnight on August 16-17. The military deployed 128 drones; as of 8:30 a.m. on August 17, air defense and electronic warfare units intercepted 106 of them. The attacks killed at least 2 people and wounded 11 others, according to local officials. The Sumy region was among the affected areas, where residential buildings sustained damage.

According to Alexander Stepanov, a military expert at Russia's RANEPA (Presidential Academy of National Economy and Public Administration), Iranian resistance to U.S. military presence in the Middle East has seriously challenged the viability of American aircraft carrier strike group deployments, as of August 17. Stepanov noted that while aircraft carriers are among the most expensive military power projection tools the U.S. possesses, their effectiveness has been severely undermined by inherent

According to The Data Nerd, a wallet transferred 289,760 LINK (~$2.74M) to its Gnosis Safe multisig address hours ago. The wallet has been continuously withdrawing LINK from Binance over the past month.

According to a company announcement, China Lodging Group-S (1179) will distribute a regular dividend of $0.087 per share on September 15, 2026.

According to Bloomberg data, the US Dollar Spot Index fell on its third consecutive trading day, touching levels not seen since May 15, driven by a series of weak US economic data. Market expectations for a Federal Reserve rate hike in September have collapsed to approximately one-third, down sharply from around 75% at the end of July.

According to Jin10, Trump on August 17 ordered a significant reduction in the scale of the planned US-South Korea joint military exercises, citing his "good relationship" with North Korea's leader Kim Jong Un and dissatisfaction with the prior agreement to participate. In a separate development, Trump's administration is considering sanctions against Brazilian Supreme Court Justice Alexandre de Moraes amid an escalating diplomatic crisis between the US and Brazil.

According to announcement, Qifu Life Services (03686) expects to record a loss attributable to the parent company of approximately 2.4–4.4 million yuan (RMB) for the first half of 2026, marking a significant swing from a profit of about 75.1 million yuan in H1 2025. The decline was primarily driven by fair value losses from precious metal investments totaling approximately 83.4 million yuan, comprising losses on unallocated bullion (10.6 million yuan), allocated bullion (12.9 million yuan), and

According to a statement from Iraq's Kurdish Regional Government (KRG) Counter-Terrorism Directorate, two explosive-laden Hadeed 110 drones launched from the Iranian border early on August 17 at 12:28 AM targeted the office of the KRG Prime Minister and the residence of the KRG Security Chief in Erbil's Pirmamar district. No casualties were reported. The KRG statement strongly condemned the attack and declared such actions "completely unacceptable," vowing to hold perpetrators accountable.

According to Zhitong Finance, today Sinopec Oil Services' subsidiary agreed to acquire 50% equity in Mexico's DS Company and 0.01% interest in the EBANO project for $4 million. The company plans to invest an additional $212 million in the EBANO oil field project in subsequent phases. The EBANO oil field, located in Mexico's Tampico Basin in the Gulf of Mexico, was discovered in 1903 and covers 1,569 square kilometers. The field holds proven petroleum reserves of approximately 4.92 billion barrel

According to Zhitong Finance, on August 17, northbound investors achieved net inflows of HK$30.77 billion in Hong Kong stocks, with Shenzhen-Hong Kong Stock Connect accounting for HK$11.03 billion and Shanghai-Hong Kong Stock Connect for HK$19.74 billion. SMIC (00981) led the buying with net inflows of HK$17.74 billion, while Huahong Semiconductor (01347) faced the largest selloff with net outflows of HK$7.78 billion. Other notable gainers included Zhipu AI (02513) and Tencent (00700), which rec

According to Zhitong Finance, Shoujia Technology (00103) recently signed a cooperation intention agreement with Meili Capital, a shareholder of Germany-based Cordenka GmbH, to jointly establish a joint venture in tire cord materials. The partnership aims to combine Shoujia's expertise in steel cord and Cordenka's leadership in industrial rayon to expand their global market reach and strengthen their position in the tire supply chain.

According to Binance's official statement released on August 17, the exchange will remove 11 USDC margin trading pairs effective August 21 at 14:00 UTC+8. Eight cross-margin pairs will be delisted: AUCTION/USDC, BEAMX/USDC, CETUS/USDC, HUMA/USDC, LAYER/USDC, NXPC/USDC, UMA/USDC, and VELODROME/USDC. Three isolated-margin pairs—HUMA/USDC, LAYER/USDC, and NXPC/USDC—will also be removed. Binance will suspend borrowing for the isolated-margin pairs starting August 18 at 14:00 UTC+8. On August 21 at 1

According to Israeli media, Prime Minister Benjamin Netanyahu and Jared Kushner have been meeting for nearly two hours as of August 17, 2026.

According to Jin10 on August 17, Yadollah Javani, deputy commander for political affairs of Iran's Islamic Revolutionary Guard Corps, stated that the Strait of Hormuz will reopen once the United States fulfills its commitments under the Islamabad Memorandum.

According to a source familiar with the matter, JPMorgan Chase terminated its banking relationship with Polymarket in October 2025 over regulatory concerns. A Polymarket spokesperson said the company maintains active operational relationships with JPMorgan across multiple entities, including customer fund flows handling. The banking setback comes as regulators increase scrutiny of prediction markets. New York City Council Speaker Julie Menin opened an investigation into Polymarket and rival plat

According to Zhida Technology (02650)'s interim results announced today, the company reported revenue of 340 million yuan for the six months ending June 30, 2026, with a net loss of 117 million yuan and basic loss per share of 0.39 yuan. The company's EV charger sales surged in key overseas markets, jumping 304.3% in Thailand, 357.2% in the UAE, and 48.5% in Brazil, which collectively contributed approximately 82.6% of overseas revenue. Domestically, sales to automotive manufacturers hit a recor

According to Alibaba, the company launched AI music model HappyShrimp 1.0 today, enabling end-to-end full-track generation from natural language descriptions. The model converts emotions, stories, or memories into complete music tracks and addresses common audio issues such as mechanical vocals and misaligned lyrics-melody pairing. HappyShrimp 1.0 understands professional music terminology like "Lo-fi R&B" and recognizes emotional, scene, and narrative contexts. The PC web version is now availab

According to Gate data, Brent crude oil (XBRUSD) breaks above $90 per barrel, trading at $90.00, up 1.0% from the previous trading session close.