Gate Crypto Flash News and Market Updates

According to investment banking industry data, only 10 BBB-rated or lower-grade Korean companies launched public bond offerings through August 21, 2026, the lowest number in five years. Subscription demand also collapsed, with total orders reaching 901 billion won, down 65.6% from 2.616 trillion won in the same period last year. Recent credit events involving major conglomerates have frozen investor appetite for lower-rated bonds. Even relatively stronger BBB+ issuers like Hanjin faced unsold po

U.S. Trade Representative Grier recently proposed reducing tariffs on most Canadian steel products to 25%, while cutting aluminum tariffs from 50% to 25%.

According to Korea Exchange, as of August 21, KOSPI's average daily turnover rate dropped to 0.56% this month, marking its lowest level since August 2025. This represents roughly one-third of the peak 1.74% recorded in March. Average daily trading volume reached 333.51 million shares and daily trading value 26.5 trillion won, both the lowest this year. Despite Samsung Electronics gaining 3.87% and SK Hynix rising 2.31% on August 21, trading volumes for both semiconductor leaders declined 22% and

According to the Korea Exchange, as of August 21, newly listed companies on the KOSPI and KOSDAQ markets fell an average of 25% below their offering prices since July, marking a sharp reversal from Q2's performance. The eight listed firms (excluding REITs and SPACs) saw only a 2.96% average gain on their first trading day, with four companies breaking even on debut. HLGenomics dropped 57%, Lemon Healthcare fell 48%, and Delicious declined 46%. In stark contrast, Q2 newly listed stocks gained an

On Friday (August 21), major U.S. stock indices rebounded, with the S&P 500 and Nasdaq each rising 0.43%, while the Dow Jones surged 517.80 points (0.98%). Healthcare, financials, and materials led gains. Despite Friday's recovery, all three indices posted weekly losses: the S&P 500 down 1.4%, Nasdaq down 2%, and Dow down 0.9%. Bitcoin rallied 22% for the week, briefly surpassing $79,000—its best weekly performance since November 2024—lifting crypto-related stocks including Robinhood, which soar

According to the Financial Investment Association, six major foreign securities firms posted combined net profits of 630.5 billion won in Q2 2026, surging 213.8% year-over-year and 133.3% from Q1. JP Morgan led with net profit of 204.5 billion won and operating profit of 269.8 billion won, while Goldman Sachs recorded 137.1 billion won. Notably, JP Morgan achieved these profits with just 87 employees as of late June. The gains were driven by surging foreign investor activity on South Korea's sto

According to market reports, Russia's state nuclear company Rosatom is arranging the return of personnel to Iran's Bushehr Nuclear Power Plant in ongoing rotations.

On August 22, Canadian Prime Minister Stephen Harper announced retaliatory tariffs set to take effect on September 8, in response to U.S. tariffs of 50% on $200 billion worth of Canadian goods. The countermeasures will cover dairy, steel, appliances, pulp and paper, and electronics sectors.

According to South Korea's Financial Supervisory Service data as of late July, 566,352 foreign accounts are registered across the top five won-denominated crypto exchanges (Upbit, Bithumb, Coinone, Digitalex, Gopax), but only 0.01% are actively trading. Just 517 accounts (0.09%) have completed KYC verification. The foreign accounts collectively hold 2.58 billion won in cash deposits and 30.36 billion won in cryptocurrency assets. Most accounts were created before 2021, when foreign investment wa

According to Chosun Biz, Nvidia will report earnings on August 26 (local time) this week, with market focus on whether the company maintains high gross margins and makes progress in resolving chip packaging bottlenecks amid strong AI investment demand. U.S. 30-year Treasury yields surged to 5.3%, the highest level in 19 years, while the Federal Reserve's Jackson Hole conference (August 27-29) will see Fed Chair Kevin Wash address concerns about rising long-term rates. South Korea's central bank

According to Korea Exchange data released on August 21, individual investors' net purchases of Samsung Electronics and SK Hynix declined to 43.7% of top 20 holdings on August 20, down from 70.5% in June. The combined net purchases of the two semiconductor stocks totaled 2.7 trillion won, compared to 3.28 trillion won in June. Meanwhile, investors increased purchases of Korean Electric Power (190 billion won), Doosan Enerbility (122 billion won), KB Financial (102 billion won), and LS (74 billion

According to Chosun Biz, as of August 20, 2026, foreign private equity firms have reclaimed a dominant position in South Korea's M&A market while domestic PEF operators posted no deals. The shift stems from new PEF regulations and a halt in investment commitments from major domestic sources including the National Pension Service, allowing dollar-backed foreign firms to lead key transactions.

According to The Daily Telegraph, a UK power generation facility was struck by a cyberattack in late August, causing a four-day production outage. British officials withheld the plant's name citing security concerns, though the facility has since resumed operations. The affected site is relatively small, and the incident did not impact the country's overall electricity supply or energy production. The attack coincided with a series of cyberattacks on U.S. water infrastructure affecting 12 states

According to Yonhapnews, South Korean non-financial private enterprises' dollar sales surged 71.5% year-over-year in the second quarter of 2026 to $263.59 billion, while dollar purchases reached $153.94 billion. Net dollar selling jumped to $109.65 billion, roughly four times higher than the $29.47 billion recorded in the second quarter of 2025. The first half of 2026 saw cumulative net dollar sales of $186.9 billion, more than triple the $58.49 billion for the same period last year. The surge c

According to Korean Economic TV, SK Hynix announced a 40 trillion won share buyback and cancellation program on August 22, as share prices reached 1.7 million won per level, creating investment barriers for retail investors. The market is closely watching potential stock split measures to improve accessibility and trading liquidity.

According to HTX trading data, BNB broke $700 on August 22, currently trading at $700.00, up 3.75% in the last 24 hours.

According to Jin10, Iran's Supreme National Security Council Secretary Rezaei stated on Aug 22 that any country participating in economic restrictions against Iran will be considered an enemy. Rezaei said Iran has learned to circumvent sanctions and continues to sell oil despite months of U.S. blockade efforts. He warned that any U.S. military action south of the Strait of Hormuz will become a target for Iranian response, and Iran will also target meetings between the U.S. and any anti-Iran regi

According to Bitcoin.com News, an anonymous whale offloaded 7,700 BTC worth approximately $577 million between August 19 and 22. In a single transaction earlier today, the whale sold 2,700 BTC valued at roughly $212 million. The sales occurred as Bitcoin surged over 20% this week to nearly $80,000 before retreating to around $77,000.

According to Al Jazeera, Yemeni authorities said they discovered a mine laid by Houthi forces in the Strait of Bab el-Mandeb on August 22.

According to Jin10, Fed Chair Jerome Voelker will deliver remarks at the annual Jackson Hole Economic Symposium in Wyoming on August 27. Investors are anticipating further clarity on how the Federal Reserve plans to address persistent inflation, though it remains uncertain whether he will provide explicit forward guidance. Market participants have grown skeptical of Voelker's communication approach following the July policy meeting, during which he offered limited insight into his economic outlo