Gate Crypto Flash News and Market Updates

According to Bitwise CEO on X, Bitwise ETFs recorded trading volumes exceeding $300 million for the second consecutive day on August 21. Bitwise Bitcoin ETF (BITB) led with approximately $106 million in daily trading volume, followed by the Bitwise XRP ETF (XRP) at around $82 million.

According to BlockBeats, on Aug 21, a wallet address (tracked by TradingBeats) completed a significant Bitcoin long position buildup, accumulating approximately $9.9 million in BTC perpetual futures. The address entered at prices ranging from $53,653 to $66,667, with multiple large orders of 132.67 BTC. Currently holding $9.89 million in BTC longs at an average entry price of $68,785.80, the position shows $760,000 in unrealized gains (154% ROI). Notably, the address concentrated capital solely

According to CCTV News, as of August 21 at 0:00, Typhoon Meisakha has caused 159 deaths and 10 missing persons across 16 counties and cities in Nanning and Guigang, Guangxi, with 1.65 million people affected. Both cities have transitioned to post-disaster recovery and reconstruction operations.

According to Financial Times, Ukraine is seeking approval to use Starlink-equipped drones to target Russian ballistic missile launchers within a 200-kilometer range inside Russia.

According to Coinglass data cited by ChainCatcher, if BTC drops below 70,909 USD, accumulated long position liquidations on major centralized exchanges would reach 1.961 billion USD. Conversely, if BTC breaks above 78,280 USD, accumulated short position liquidations would reach 579 million USD.

According to SEC filings disclosed by ChainCatcher, Robinhood CFO Verma Shiv and director Bhatt Baiju collectively sold over $5.25 million in company stock within 3 days from August 14-17. Verma Shiv sold 3,982 shares on August 17 at an average price of $95.07 per share, totaling approximately $378,600. Bhatt Baiju sold 50,317 shares on August 14 at an average price of $96.80 per share, totaling approximately $4.87 million.

According to Yonhap Infomax, South Korea's benchmark inter-bank offered rates (KORIBOR) rose across all tenors on Aug 21. The 3-month KORIBOR climbed 2 basis points to 3.07%, marking the largest single-day move. Other key rates also increased: 1-month KORIBOR rose 1 basis point to 2.86%, 2-month advanced 1 basis point to 2.96%, 6-month gained 1 basis point to 3.34%, and 12-month rose 1 basis point to 3.69%.

According to Philippine Statistics Authority, the poverty rate in the Philippines dropped to 9.7% in 2025, down from 15.5% in 2023, marking the country's first time with fewer than one in 10 Filipinos living below the poverty line. This improvement lifted 6.5 million people above the official poverty threshold. However, the World Bank estimates that around 28% of Filipinos remain vulnerable, living just above the poverty line and susceptible to economic shocks such as price spikes, job losses, o

According to Jin10, China's State Council Information Office will hold a press conference on August 25, 2026, at 3 p.m. to introduce details of the 26th China International Investment and Trade Fair. The briefing will feature remarks from Commerce Ministry spokesperson and Vice Minister Ling Ji, Fujian Vice Governor Zhao Zenglianzhan, and relevant officials from Xiamen.

According to Coinglass data monitored by ChainCatcher, 79.6 million USDT transferred from an unknown wallet into Binance on August 21 at 11:52 UTC.

According to Electrek, Tesla halted production of solar roof tiles on August 21, citing economic challenges that made the business model difficult to sustain. The company discontinues the product line as it reassesses its energy-related business strategy.

According to on-chain analyst Ai Yi, whale @Jason60704294's total short position increased to $143 million with unrealized losses of $309,000 on August 21. The whale holds 1,449.968 BTC on 5x leverage (worth $108 million) with an average entry price of $74,570.99, and 15,000 ETH on 7x leverage (worth $35.21 million) with an average entry price of $2,347.89.

Daeshin Securities analyst Lee Jung-hoon forecasted on August 21 that the Korean won could strengthen to 1,350 per dollar by year-end amid improved dollar supply conditions. The currency was trading around 1,380 per dollar on the day. Lee attributed the won's strength to increased dollar sales by chipmakers executing shareholder returns and domestic investments, as well as improved supply-demand conditions in the foreign exchange market. Daeshin Securities projected the won-dollar exchange rate

According to Cointelegraph, Capital Vault, an affiliate of trading platform Capital.com, has secured a virtual-asset license from the UAE's Capital Market Authority (CMA). The license permits Capital Vault to deal in virtual assets as an agent or matching principal and provide custody services. Once live, UAE clients will be able to purchase and hold actual cryptocurrencies through the Capital.com app, with Capital Vault handling execution, custody and settlement. This distinguishes the offering

According to OpenCode CEO Jay V, DeepSeek Flash's daily token consumption surged 6-fold over the past two weeks, from roughly 3 trillion to 18 trillion tokens. Jay V noted that the surge exposed supply chain constraints, as OpenCode has struggled to find providers offering both low pricing and large-scale capacity simultaneously, highlighting what he termed an "impossible triangle" in AI model markets: low cost, strong capability, and sufficient GPU capacity cannot be satisfied concurrently.

According to AppleInsider, Apple laid off approximately 60 employees in its vision products group and VR-related positions on Thursday (August 20). The cuts signal a strategic shift away from the Vision Pro headset as the company redirects resources toward artificial intelligence, Siri, and lighter-weight smart glasses development. The layoffs precede John Ternus taking over as CEO on September 1, succeeding Tim Cook. Apple shares declined 1.8% on Thursday and rose marginally in overnight tradin

According to OpenCode CEO Jay V, DeepSeek V4 Flash's daily token consumption dropped over 50% after the model raised prices 5x during peak hours on August 16. Consumption had surged to approximately 18 trillion tokens daily by early August due to ultra-competitive pricing—around 1/350 of Fable's rate. The price increase left a gap of nearly 10 trillion tokens daily in OpenCode's capacity, requiring approximately 1,000 B300 GPUs to meet current demand at previous rates.

According to Jin10, Shanghai's Lingang New Area released its 15th Five-Year Development Plan on August 21, targeting 100 billion yuan in bonded maintenance imports and exports, and 50 billion US dollars in offshore trading transactions by 2030. The plan also emphasizes advancing offshore finance pilot programs and expanding the negative list and operational guidelines for cross-border data flows, while developing into a global shipping hub.

According to Abbas Keshvani, head of Asia macro strategy at Royal Bank of Canada, Japan's inflation data supports the Bank of Japan's expected rate hike in September. Markets are pricing in a 20 basis point increase, Keshvani noted, adding that the BoJ signaled a more hawkish stance on inflation at its July meeting. The central bank is aware that disappointing markets could weaken the yen further.

According to BlockBeats, Bitget's TradFi derivatives contracts reached 150 million cumulative trades in August as of August 20, with a single-day peak of 13.64 million trades. The surge in trading volume reflects growing demand across traditional finance assets including equities, foreign exchange, precious metals, and commodities on the platform.