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
09:37

South Korea's Program Trading Halt Mechanism Triggered Approximately 50 Times in 2026

According to the Korea Exchange, the program trading halt mechanism (known as a 'sidecar') was triggered approximately 50 times in the securities market as of August 21, 2026. The safety mechanism is designed to prevent sharp market fluctuations by temporarily halting program trading when triggered. The frequent activations of this circuit breaker throughout 2026 have raised questions about the effectiveness of the existing system.
09:36

FX Swap Points Rise on Abundant Dollar Supply Ahead of Month-End, 1-Year Contract Up 0.40 Won to -9.00 Won

According to swap dealers at a South Korean bank, FX swap points rose on August 21 as abundant dollar liquidity at month-end drove sell and buy demand. The 1-year maturity FX swap point closed at -9.00 won, up 0.40 won from opening; the 6-month contract rose 0.40 won to -4.20 won, and the 3-month contract climbed 0.30 won to -1.30 won. Market participants sought to roll over excess dollar holdings into the following month, with traders attributing the upward pressure to expectations of continued
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09:34

U.S. Treasury Doubles Long-Bond Buybacks, Yields Halted; Gold Rallies 4% to $4,510, Silver Up 5%

According to Goldman Sachs former commodities chief Jeffrey Currie, the U.S. Treasury recently doubled long-bond buyback programs, artificially suppressing yields and breaking the market's natural rate brake. After 30-year Treasury yields hit 5.32% (a 17-year high), Treasury Secretary Bessent escalated purchases, triggering a structural currency devaluation trade. Gold surged 4% to $4,510 per ounce and silver climbed nearly 5% following the announcement, with the Quantix commodities index reachi
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09:33

DeepSeek Vision Model Ties With Opus 4.8 on Multimodal Agent Benchmarks, 2-2 Split

According to ChainCatcher, DeepSeek released benchmark results for its V4-Flash-Vision-Exp model on multimodal Agent tasks, achieving a 2-2 tie with Anthropic's Opus 4.8. DeepSeek won on Agents' Last Exam (27.3 vs 25.7) and ZeroBench (35.0 vs 34.0), while losing on ApexBench (36.5 vs 39.4) and Chartography (64.3 vs 65.0). The vision-enabled version showed significant gains compared to the text-only V4-Flash-0731: ApexBench improved from 26.2 to 36.5, and Agents' Last Exam rose from 25.2 to 27.3.
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09:33

Key Economic Data and Jackson Hole Conference Lined Up for Next Week, Aug 24-29

According to Jin10 futures calendar, major events and data releases are scheduled for next week. On August 27, the Jackson Hole Global Central Bank Conference opens, which typically influences commodity markets. Key economic indicators include U.S. core PCE and GDP revisions on August 26, China's industrial profit data on August 27, and the U.S. Department of Agriculture crop progress report on August 25. Additionally, crude oil inventory reports and natural gas stock updates are due on August 2
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09:32

Brent Crude Hits $93.55 as Strait of Hormuz Shipping Collapses to 7 Daily Vessels on Aug. 21

According to Kpler data cited by Reuters, Brent crude traded at $93.55 per barrel on Aug. 21, down 0.3% on the session, while U.S. WTI crude declined 0.4% to $86.50. Both benchmarks remain on course for weekly gains of more than 7% and 8% respectively, driven by Middle East supply disruptions. Shipping through the Strait of Hormuz plummeted as the unresolved U.S.-Iran conflict persisted. Only 7 commodity ships passed through the strait on Thursday, compared with 14 a day earlier. Before the conf
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09:32

Mitrade Promotes Timur Konsky to EU CEO as Trading Volume Surges 148% in 2026

According to Mitrade's official announcement, the CFD broker promoted Timur Konsky to Chief Executive Officer of Mitrade EU on August 21, 2026, transitioning him from Chief Operating Officer. The appointment coincides with Mitrade Group reporting a 148.4% increase in total lots traded during the first seven months of 2026 compared with the same period in 2025, alongside a more-than-50% growth in active trading clients. Konsky will focus initially on expanding into Germany before entering additio
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09:31

DeepSeek Launches DeepSeek-V4-Flash-Vision-Exp Multimodal Model on August 21

According to Guru Club, on August 21, DeepSeek launched DeepSeek-V4-Flash-Vision-Exp, an experimental multimodal vision model on the DeepSeek API platform. The model maintains text-based performance parity with DeepSeek-V4-Flash across agent capabilities, reasoning, and world knowledge, but delivers significant gains in visual understanding benchmarks, with multimodal agent performance approaching Claude Opus 4.8 levels.
09:27

Senate Cloture Vote on CLARITY Act Set for September 15, Needs 60 Votes

According to Bitcoin.com News, Coinbase CEO Brian Armstrong reminded followers this week that a Senate cloture vote on the CLARITY Act is scheduled for September 15, requiring 60 votes to advance debate. Armstrong stated that "crypto clarity is coming either way," pointing to two paths: Senate passage or new crypto rules from the CFTC and SEC on September 16. CFTC Chairman Mike Selig has directed staff to build a registration category for digital asset trading venues if legislation stalls. The H
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09:25

Starkiller Closes All Short Positions as BTC Breaks Above 200-Day Moving Average

According to BlockBeats, Starkiller announced on August 21 that it has closed all short positions in July, expressing high confidence that the digital asset cycle has bottomed. BTC and ETH have respectively recovered from 54% and 70% drawdowns and reclaimed their 200-day moving averages for the first time since the previous cycle ended. The current bear market cycle has lasted approximately 315 days, approaching historical average levels.
BTC8.22%
ETH4.59%
09:22

Shanghai Stock Index Closes Higher for 2nd Day, Holds Above 3,900 on August 21

According to Coyotes News, China's Shanghai Composite Index (SSE) closed higher for the second consecutive trading day on August 21, ending at 3,905.2 points, up 0.04%, as officials signaled additional fiscal support measures targeting households for the second half of 2026. The Shenzhen Component Index rose 0.87% to 14,094.17 points, while the ChiNext Index gained 1.43% to 3,545.58 points. Trading volume reached 1.88 trillion yuan, down 200.1 billion yuan from the previous session.
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09:22

Apex Group and OpenVC Build RWA Indices Using $3.5T Private Market Data

According to an official announcement, Apex Group and OpenVC are developing real-world asset indices combining Apex Group's private-market data with OpenVC's index-construction methods. Apex Group, which services more than $3.5 trillion in assets, will provide the data foundation, while OpenVC contributes its index-construction expertise. The two firms will distribute OpenVC investment products to qualified investors, family offices and advisory firms through ApexInvest Markets, a broker-dealer
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09:22

Xiaomi MiMo-V3-Pro Leaks with 72.8 Score on SWE-Bench Pro, Nearing Top Closed-Source Models

According to Max For AI, Xiaomi's next-generation large language model MiMo-V3-Pro allegedly achieved a score of 72.8 on SWE-Bench Pro on August 21, as claimed by a leaked benchmark screenshot circulating in online communities. The reported score surpasses Zhipu's GLM 5.3 (67.9) and Moonshot AI's Kimi K3 (65.8), trailing Claude Opus 5 (74.6) and GPT-5.6 Sol Max (75.4) by less than 3 points. However, Xiaomi has not officially confirmed the benchmark's authenticity or testing conditions, and the m
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09:22

U.S. 30-Year Mortgage Rate Falls to 6.65% on Aug. 20 Amid High Treasury Yields

According to Freddie Mac's Primary Mortgage Market Survey, the average 30-year fixed mortgage rate fell to 6.65% as of Aug. 20, down from 6.67% a week earlier. However, the 10-year Treasury yield remains near 4.70%, creating a risk that mortgage rates could stay elevated or rise further. The 15-year fixed rate also declined to 5.95% from 5.96%.
09:20

South Korean Retail Investors Shift $822.4M to U.S. Index ETFs in August Amid Domestic Market Volatility

According to Seoul Economy, South Korean retail investors surged into U.S. index exchange-traded funds in August as domestic stock market turmoil prompted a portfolio shift. Net purchases of U.S. stocks reached $822.4 million by August 19, nearly matching June's $633 million tally. Top ETF buys included TIGER U.S. S&P 500 ($6.418 billion), KODEX U.S. Nasdaq 100 ($4.26 billion), and KODEX U.S. S&P 500 ($3.523 billion), collectively dominating 80% of retail investors' top five ETF purchases this m
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09:19

Samsung Group's Five Subsidiaries Enter KOSPI Top 10, Reshaping Market Cap Rankings on August 21

According to the Korean Exchange on August 21, Samsung Group's five subsidiaries entered the top 10 market capitalization rankings, reshaping the KOSPI's upper tier. Samsung Electronics held the number one position, while Samsung Electro-Mechanics ranked fourth, with Samsung Biologics, Samsung Life Insurance, and Samsung C&T positioned between seventh and ninth places, collectively comprising half of the top 10. Since January 2, Samsung Electronics has surged 119 percent year-to-date, with Samsu
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