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
00:19

KOSDAQ Surges 34.1% in Two Weeks to 864.65 on August 15

According to South Korea's financial investment industry, the KOSDAQ index surged to 864.65 on August 15, gaining 34.1% in just two weeks since July 30 when it stood at 644.78. The index recorded the highest gains among major global stock indices this month, triggering three buy-side circuit breakers on the KOSDAQ market. Margin financing balances also recovered to the 6 trillion won range. The balance rose from 5.8 trillion won on August 4 to 6.2 trillion won on August 12, signaling investor co
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00:14

Bitcoin Holds 63,000-65,000 USD Range as Spot ETF Inflows Turn to Outflows

According to Dailian, Bitcoin remained in a 63,000-65,000 USD trading range during the week of August 10-14, despite significant inflows into U.S. spot Bitcoin ETFs the prior week. Spot Bitcoin ETFs recorded 865.3 million USD in net inflows over five consecutive trading days (August 3-7), marking the largest four-month inflow. However, this momentum reversed; net outflows totaled 329 million USD from August 10-13.
BTC-0.69%
00:11

ABFinance Cancels Planned Launch, Begins Orderly Wind-Down on August 15

According to PANews, ABFinance announced on August 15 that its planned launch will not proceed and the platform is orderly winding down operations. The platform, founded by former Bybit co-CEO Helen Liu, was intended to operate under U.S. regulatory oversight and integrate deposit, earning, trading, and payment features alongside fiat-to-crypto connectivity.
00:05

Single-Stock Leverage ETF Trading in South Korea Plummets 90% After Regulatory Tightening

According to the Korea Exchange, trading volume in single-stock leverage ETFs (including inverse products) has collapsed after financial authorities raised investment thresholds for individual investors two weeks ago. Daily trading volume fell from around 10 trillion won to under 1 trillion won in the past two weeks. Individual investors recorded net selling for two consecutive weeks, signaling a shift away from the leveraged products.
23:51

Dollar-Won Rate Falls to 1,416.80 Won on August 15 as U.S. Consumer Data Disappoints

According to Yonhapinfomax, on August 15, the dollar-won rate fell to 1,416.80 won, declining 1.50 won from the previous Seoul close, as U.S. consumer indicators fell short of expectations. U.S. retail sales for July dropped 0.6% month-over-month, below market forecasts of +0.1%, marking the first contraction since October 2024. The University of Michigan's August consumer sentiment index came in at 51.0, down 4.2 points from July's 55.2 and below the consensus forecast of 54.5, weakening expect
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23:51

U.S. 10-Year Treasury Yields Pose Economic Risk if They Breach 5.2%, IBK Economist Warns on August 15

According to IBK Investment & Securities, U.S. 10-year Treasury yields could trigger economic downturn and credit risks if breaching 5.2%, an economist at the firm warned on August 15. The appropriate yield level is estimated at 4.2%, with the critical threshold at 5.2%, while current yields stand at 4.6%. Although still below the critical point, several factors could accelerate yield increases in the second half, including ample liquidity, elevated price levels, surging capital demand from Big
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23:44

South Korean Listed Companies Complete Record 276 Par Value Mergers to Avoid Delisting, But 83% of New Shares Decline

According to Hana Financial Investment Securities, South Korean listed companies completed 276 par value mergers between February 12 and August 12, 2026, a record surge from 5 in the same period of 2024 and 12 in 2025. The mergers served as a defensive measure after the Korea Exchange tightened delisting requirements in July. However, analysis of 156 completed cases through July 15 showed that 83.3% (130 cases) experienced stock price declines from their new listing prices, indicating that mecha
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23:43

Korean Retail Investors Buy $662.85M in 3x Semiconductor ETF on Aug 12-13 as Chip Stocks Rally

According to Korea Securities Depository (SEIBro), Korean retail investors purchased $662.85 million worth of SOXL, a 3x leveraged ETF tracking the Philadelphia Semiconductor Index, on Aug 12-13. The buying spree reflects renewed demand after concerns about semiconductor sector peak-out eased. The Philadelphia Semiconductor Index surged to 12,456 on Aug 13 from 10,447 on July 29, rebounding on stronger global chip stocks. SOXL is now the fourth-largest U.S. stock holding among Korean retail inve
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23:30

South Korea's 3-Year Government Bond Futures Rise to 103.25 Overnight on Aug 15

According to Seoul Bond Market, South Korea's 3-year government bond futures closed at 103.25 on Aug 15 overnight, up 1 basis point from the previous trading session. The 10-year futures rose 3 basis points to 105.70. Foreign investors purchased 19 contracts in the 3-year segment and 32 contracts in the 10-year segment. Despite weakness in U.S. Treasuries, Korean bonds edged higher as U.S. 10-year yields rose 5 basis points and retail sales in July declined 0.6% month-on-month, below expectation
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23:23

Seoul FX Market Spot Volume Rises 10.1% to $19.14B Daily Since July 6 Launch of 24-Hour Trading

According to South Korea's Ministry of Economy and Finance and the central bank, interbank spot foreign exchange trading volume in Seoul's market reached an average of $19.14 billion daily since the launch of 24-hour trading operations on July 6, 2026. The figure represents a 10.1% increase from $17.39 billion daily in the first half of 2026. The market operates continuously from Monday 6 a.m. to Saturday 6 a.m., expanding access for overseas investors to the domestic FX market. Currency authori
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23:20

KOSPI Rises 11.5% in Week, Recovers Above 7,000 on August 14

According to the Korea Exchange, KOSPI closed at 6,977.94 on August 14, up 164.60 points (2.42%) for the day, marking a fifth consecutive trading day gain and weekly rise of 11.49% from 6,258.77. The index briefly surpassed the 7,000 level intraday for the first time since late July. VKOSPI, the volatility gauge for KOSPI 200 index futures, fell to 55.31, its lowest level in three months, reflecting easing market fear following last month's extreme swings. Foreign investors returned as net buyer
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23:13

Berkshire Hathaway's Alphabet Holdings Jump 83% to $37.8B, Becoming Third-Largest Stock Position

According to Berkshire Hathaway's 13-F filing submitted on Friday, as of June 30, the conglomerate held approximately 106 million Alphabet shares, up 83% from 57.8 million shares at the end of March, making Google and YouTube's parent company its third-largest stock investment after Apple and American Express. The position was valued at approximately $37.8 billion at quarter-end, representing 11.7% of Berkshire's total stock portfolio of $323.8 billion. The sharp increase reflects a $10 billion
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23:13

MSCI Proposal Could Remove Strategy and Metaplanet From Global Indexes; $23.9B Strategy at Risk

According to MSCI's proposed methodology framework unveiled in a May 2026 data simulation, Strategy and Metaplanet could be removed from MSCI's Global Investable Market Indexes due to their business models emphasizing non-operating assets over traditional operations. Strategy, with a free-float market capitalization of $23.9 billion, faces the most significant impact. JPMorgan analysts estimated that Strategy's removal from MSCI indexes could trigger approximately $2.8 billion in passive outflow
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23:12

Bitwise Targets Solana Staking ETF for First Tokenized Shares

According to PR Newswire, Bitwise Asset Management partnered with Superstate to develop infrastructure allowing investors to hold certain ETF shares as blockchain-based tokens, with its Solana Staking ETF (BSOL) expected to be the first fund offered with this tokenized ownership option. Investors would continue purchasing the same BSOL shares with identical rights through existing channels, with the option to choose between conventional book-entry ownership or tokenized records maintained throug
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