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
22:56

ZTO Releases H1 2026 Results With 51.69 Billion Yuan Net Profit, Up 31.5% YoY

ZTO, China's leading express delivery company, released H1 2026 results on August 18. Revenue reached 278.32 billion yuan, up 22.5% year-over-year, while net profit attributable to shareholders hit 51.69 billion yuan, up 31.5% YoY. Core express business revenue grew 22.8%, driven by a 9.6% increase in parcel volume and a 12.0% rise in per-parcel pricing. Direct client revenue from e-commerce returns jumped 75.4%. For full-year 2026, ZTO projects total parcel volume of 408–424 billion units, repr
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22:52

Four Memory Stocks Surge Up to 490% in 2026 Amid AI Demand, Cramer Says Further Gains Likely

According to CNBC's Jim Cramer, memory stocks including Micron (MU), SanDisk (SNDK), Seagate (STX), and Western Digital (WDC) have delivered exceptional returns this year—SanDisk surging 490%, Seagate up 214%, Micron up 198%, and Western Digital gaining 164%—yet remain undervalued due to persistent supply constraints. AI data center expansion continues to drive demand for memory and storage devices, while manufacturers have shifted strategy away from aggressive capacity expansion toward long-ter
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22:51

ZTO Reports 10.5B Parcels in Q2, Up 6.5% YoY with 19.9% Market Share

According to ZTO Express's Q2 earnings report disclosed on August 19, the company completed 10.5 billion parcels in the second quarter, growing 6.5% year-over-year and capturing 19.9% market share. Adjusted net profit reached 3.1 billion yuan, up 50.3% YoY, with per-parcel revenue rising 15.5% as industry margins improve amid evolving pricing dynamics.
22:49

Tesla Stock Will Remain 'Moribund' Until Musk Deploys Unsupervised Cybercabs at Scale, Says Gary Black

According to Gary Black, Managing Partner at Future Fund, in a Tuesday post on X, Tesla stock will remain "moribund" until CEO Elon Musk deploys Cybercabs without safety monitors and scales operations beyond pre-mapped cities. Black noted that Tesla shares have gained approximately 50% over the past five years, significantly underperforming the Nasdaq-100's 96% gain. Regulatory obstacles are mounting Tesla's path to autonomous deployment. Nevada approved only 10 Cybercabs after Tesla requested p
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22:49

Private Developer Acquires Haikou Land Parcel for 237.2M Yuan with 27.5% Premium on August 18

According to China Securities Daily, Hainan Development Holdings Real Estate Co., Ltd. won a land parcel in Haikou's Changxiu district on August 18 after 207 rounds of bidding, acquiring it for 237.216 million yuan with a premium rate of 27.52%. Hot-tier cities including Beijing, Shanghai, Guangzhou, Shenzhen, Haikou, and Hangzhou have released quality land parcels this year, with high-premium transactions becoming routine. Developer land acquisition activity has gradually picked up as market co
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22:43

S&P 500 Hits All-Time High Above 7,800 in August Amid Split Bull-Bear Outlook

According to Business Insider, the S&P 500 broke through 7,800 in August, marking a fresh all-time record, while the Dow Jones Industrial Average also approached its record high. The rally is fueled by cooling inflation—July U.S. inflation fell to 3.4%—and strong corporate earnings, with 86% of S&P 500 companies beating earnings expectations so far this quarter, according to FactSet data. However, market sentiment shows a split outlook. The Bank of America Bull & Bear Indicator hit 9.6 in late J
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22:41

Hang Seng Index ADR Falls to 25,386.43 on Tuesday, Down 0.33%

According to Zhitong Finance, on Tuesday, August 19, the Hang Seng Index ADR fell to 25,386.43 points, down 84.72 points or 0.33% from Hong Kong's close. Major blue-chip stocks declined, with HSBC Holdings falling 0.14% to 161.866 Hong Kong dollars and Tencent Holdings dropping 0.02% to 442.316 Hong Kong dollars.
22:31

KC Group Founder Transfers 24.39% Stake to Eldest Son in Succession Plan, Stake to Rise to 40.73% After August Transfer

According to Bizwatch, KC Group founder Goh Seok-tae handed over 24.39% of (주)케이씨 shares to his eldest son Goh Sang-gyeol in March 2024, significantly consolidating the younger Goh's control of the semiconductor equipment and materials conglomerate. The transfer raised Goh Sang-gyeol's ownership stake from prior holdings, while the founder's stake decreased to 9.2% from 33.7% at the time of the group's 2017 restructuring. The founder announced plans to transfer an additional 6% (valued at approx
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22:31

Eight of 12 VanEck Bitcoin Capitulation Indicators Flash on Tuesday as BTC Holds $64,700

According to VanEck, eight of 12 indicators in its "Bitcoin Capitulation Check" are signaling capitulation territory on Tuesday, suggesting Bitcoin's roughly 11-month pullback may be nearing its end and entering an accumulation phase. Bitcoin was trading near $64,700, down approximately 48% from its October 2025 all-time high of about $126,300. Over the past three months, all 12 indicators briefly dipped into capitulation levels. Meanwhile, U.S. spot Bitcoin ETFs recorded their strongest single-
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BTC0.44%
22:30

US Dollar Rises 0.113% Against Japanese Yen on August 18 Amid Iran Tensions

According to Yonhapinfomax, the US dollar strengthened on August 18 afternoon (US Eastern Time), with the dollar-yen rate reaching 159.643 yen, up 0.180 yen (0.113%) from the previous New York close of 159.463 yen. The dollar index (DXY) tracking six major currencies rose 0.080 points to 99.662. The dollar's gains came as crude oil prices rebounded amid deteriorating US-Iran relations. President Donald Trump stated there were no current or planned negotiations with Iran, while Iranian Parliament
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22:30

U.S. Stocks Fall Across Board on August 18; Nasdaq Down 1.33%, Semiconductor Index Drops 4.98%

U.S. equity markets declined on August 18, with the Nasdaq falling 1.33%, the S&P 500 down 0.69%, and the Dow down 0.22%. The Philadelphia Semiconductor Index plummeted 4.98%, with SK Hynix ADR declining 9.20% to $155.62, as technology stocks faced pressure from rising long-term Treasury yields. The 10-year U.S. Treasury yield fell 1.90 basis points to 4.7060%, while the dollar index (DXY) rose 0.080% to 99.662. WTI crude oil rose $0.44 to $84.94 per barrel.
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22:27

China Calls for Coordinated Multilateral Approach to Resolve Libya Issues

According to Xinhua, China's UN envoy Fu Cong called today (Aug 18) for a coordinated multilateral approach to resolve Libya's political issues. Speaking at a UN Security Council open meeting on Libya, Fu Cong noted recent political progress and increased oil and gas export revenues, while acknowledging ongoing core political disagreements, rising security risks, and persistent macroeconomic pressures. China urged the relevant Libyan parties to accelerate negotiations and narrow differences unde
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22:27

Peter Schiff Flags Bitcoin's $65K Resistance Test, Expects Selloffs Amid $58K-$65K Range

According to Peter Schiff, the gold-focused economist and bitcoin critic, the cryptocurrency faces a key resistance level at $65,000 that could trigger significant selloffs if breached downward. Bitcoin has been trading between $58,000 and $65,000 since early July, roughly 50% down from its 2026 peak. Schiff recently flagged the $65,000 level as the critical barrier standing between the asset and its next downward move, expressing skepticism about why bitcoin has continued to hold above $58,000
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BTC0.44%
22:26

South Korea Launches 18 Bond-Equity Hybrid ETFs in 8 Months, Surpassing 2025 Annual Count

According to the Korea Exchange as reported by Dailian, 18 bond-equity hybrid exchange-traded funds (ETFs) launched in the South Korean market from January 2 to August 18, 2026, already exceeding the prior year's total of 14 products. Nine asset management companies released these hybrid instruments, which combine stocks—including semiconductors like Samsung Electronics and SK Hynix—with bonds. The products appeal to retirement account holders seeking higher equity exposure; by classifying these
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22:25

Anthropic and OpenAI Plan IPOs Within Weeks; OpenAI Reports $6.7B Q2 Revenue

According to the Wall Street Journal, Anthropic and OpenAI plan to launch IPOs within weeks. Anthropic's second-quarter revenue more than doubled compared to the previous quarter. OpenAI told investors its Q2 revenue reached $6.7 billion, with accelerating growth in the third quarter, as both companies prepare for public market debuts.