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
09:05

South Korea Permits Overseas STO Issuance Based on Domestic MMF and Assets

According to Korean Economic TV, South Korea has opened a pathway for tokenized securities backed by domestic assets such as money market funds (MMF) to be issued and traded on overseas blockchain markets. The regulatory approval is expected to expand to Korean won-denominated bonds and real estate-backed digital assets in the future, potentially broadening the scope of tokenized asset offerings.
09:05

Bloom Energy Rises Over 5% Premarket; Intel Up 2.6% on Aug 25 Amid Pelosi Holdings

According to BlockBeats, Bloom Energy (BE) rose over 5% premarket on Aug 25, while Intel gained 2.6%, both stocks held by former House Speaker Nancy Pelosi's family. Paul Pelosi purchased approximately 15,000 shares of BE and 200 call option contracts, as well as 10,000 Intel shares and 50 call options, according to a financial disclosure filing submitted on Aug 21.
09:02

Iran's Kayhan Blames High Inflation on Policy Failure, Not War; Rial Falls to 2M Per Dollar

According to Iranian newspaper Kayhan on August 25, the outlet attributed Iran's three-digit inflation and currency crisis to government monetary policy failures and lack of fiscal discipline, rather than external conflicts. Kayhan criticized claims that war caused the inflation surge as "a massive lie attempting to evade responsibility." Iran's consumer price index rose to 48.6% year-over-year in October 2025, approaching 50%, according to official statistics, while the informal exchange rate h
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09:02

AI Agents Move 3.3M USDC Through Solana x402 Protocol in One Week

According to x402 protocol analytics, AI agents initiated 3.3 million USDC in payments over x402 on Solana within a single week. The x402 protocol uses HTTP 402 to enable machine-to-machine payments for APIs and digital resources. More than 99.99% of agentic transaction volume on x402 is denominated in USDC, demonstrating stablecoins' practical role in autonomous software-to-service micropayments rather than broad retail adoption.
SOL6.85%
09:02

South Korea's FX Swap Points Fall to -9.70 Won on August 25 Amid Easing Won Liquidity

According to Yonhapinfomax, South Korea's FX swap points declined on August 25 as month-end won liquidity pressures eased compared to July. The 1-year FX swap fell 0.50 won to -9.70 won, while the 6-month swap dropped to -4.50 won and the 3-month swap to -1.60 won. Traders attributed the decline partly to reduced expectations for back-to-back interest rate hikes ahead of the Bank of Korea's monetary policy committee meeting on August 27, with recent oil price declines shifting focus toward a pot
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09:02

D-Wave QBTS Trades at $18.68 with Bull Target of $35 vs Bear Case at $9

According to FinanceFeeds analysis based on D-Wave's Q2 2026 results released August 6, QBTS trades at $18.68 as of August 24, carrying a $6.96 billion market capitalization against trailing twelve-month revenue of $12.43 million—approximately 560 times sales. The bull case targets $35, implying 87% upside and aligning with analyst consensus of $35.25, while the bear case projects $9, representing a 52% decline. However, even at the bear case the stock would trade near 270 times sales, indicatin
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09:01

Seo Jin System Raises 200 Billion Won via Zero-Interest Convertible Bonds, Cites Semiconductor Supercycle

According to MoneyToday, Seo Jin System, a global metal platform specialist, resolved to issue 200 billion Korean won in private convertible bonds on August 24 in response to surging semiconductor and AI data center infrastructure demand. Of the total, 100 billion won will be issued as perpetual bonds with no early redemption rights, recognized as capital rather than debt on the balance sheet. The remaining 100 billion won carries a coupon rate of 0% and maturity rate of 2%, effectively interest
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09:01

Bitcoin Breaks $69K Resistance, Reclaims $68.2K Cost Line as Short-Term Holders Turn Profitable

According to CryptoQuant analyst Axel Adler Jr., Bitcoin has reclaimed the $68,200 short-term holder cost line in the latest rally, breaking through the SMA111 at $67,500 and SMA200 at $69,000. Recent BTC buyers have returned to profitability following the move. However, the overall moving average structure remains bearish, with SMA111 and SMA200 both trading below the SMA365 at $82,320. A trend reversal has not yet been confirmed. The analyst noted that the $68,000-$69,000 support level is crit
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BTC3.74%
09:01

Bitcoin Breaks Key Moving Averages, $83,200 SMA365 Remains Critical Resistance for Trend Reversal Confirmation

According to CryptoQuant analyst Axel Adler Jr., Bitcoin has recently recovered above its $68,200 short-term holder cost basis after breaking through the SMA111 (around $67,500) and SMA200 (around $69,000), bringing recent buyers back into profitability. However, the broader moving average structure remains bearish, with SMA111 and SMA200 still positioned below the SMA365 level at approximately $83,200. A confirmed break and hold above the $83,200 resistance level would be required to signal a p
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BTC3.74%
09:00

Galaxy: Coldcard Hack Led to 1,789 BTC Theft, 87% Remains in Attacker Wallets

According to Cointelegraph citing Galaxy Research, the Coldcard hardware wallet attack resulted in the theft of 1,789.28 BTC from 8,865 addresses. Galaxy Research head Alex Thorn confirmed that 87.3% of the stolen funds, approximately 1,561 BTC, remain unmoved in attacker-controlled addresses. Bitcoin stolen in the first three waves of attacks has not been transferred; subsequent waves saw partial transfers via CoinJoin mixing and small-amount splits. Data is based on 221 victim reports covering
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BTC3.74%
08:58

Japan's Nikkei 225 Rallies 0.50% to 65,856.43 on August 25 Despite Chip Weakness

According to Yonhap Infomax, Japan's Nikkei 225 index rebounded today (August 25), rising 328.34 points or 0.50% to close at 65,856.43. The TOPIX index also climbed 20.38 points or 0.50% to 4,093.67. The indices initially dropped during morning trading due to overnight U.S. semiconductor weakness and Canada auto tariff concerns from the Trump administration, but reversed course mid-session. The recovery was attributed to progress in Iran-U.S. peace negotiations mediated by Pakistan. Key AI and s
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08:57

South Korea IPO Market Freezes as 60% of New Listings Sink Below IPO Price in July-August

Six of ten new companies listed on South Korean markets in July-August finished their first trading day below their IPO price, signaling persistent weakness in the country's equity capital market. Among the ten new listings in the two-month period, all but biotech firm IngeniaTherapeutics posted share prices below their offering level, reflecting investor caution and prolonged IPO market freeze.
08:55

Nvidia Stock Falls 7.5% Over 7 Trading Days Ahead of Q2 Earnings Release

According to Dailyeconomy, Nvidia's stock has declined for seven consecutive trading days, dropping 7.5% from August 14 to August 24 (U.S. time). The stock closed at $208.48 on August 24, down 2.91% from the previous session. The company is scheduled to report its fiscal 2027 second-quarter earnings on August 27 at 6 a.m. Korea Standard Time. According to Yahoo Finance data compiled by Bloomberg, the market consensus for Nvidia's Q2 revenue and earnings per share stands at $92 billion and $2.09
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08:52

FOREX.com Launches 25 Japan Stock CFDs with Overnight Trading Until 5am

According to StoneX Group, FOREX.com launched overnight contracts for difference and knock-out options referencing 25 Japanese shares on August 25, with selected instruments available from 5:25pm to 5:00am Japan Standard Time. The service enables Japan-based clients to trade derivatives exposure after the Tokyo Stock Exchange closes at 3:30pm, allowing responses to company disclosures and overseas market moves before the next TSE session opens.
08:49

KOSPI Closes 0.68% Higher at 6,742.74 on Institutional, Individual Buying; Kosdaq Up 1%

According to MediaPen, today (August 25), South Korea's KOSPI index closed 45.78 points higher at 6,742.74, a gain of 0.68%, driven by net buying from institutions and individuals. Institutions purchased 1.17 trillion Korean won worth of shares, while retail investors bought 1.05 trillion won. Meanwhile, foreign investors sold net 3.81 trillion won. The Kosdaq index rose over 1%.
08:44

SK Innovation to Absorb Subsidiary SKIET at 1:0.1174540 Ratio on August 25

According to Yonhap Infomatics, SK Innovation announced today (August 25) that it has decided to absorb its subsidiary SK IE Technology (SKIET) through a merger. Both companies' boards approved the merger proposal. SKIET ordinary shareholders will receive 0.11 shares of SK Innovation ordinary stock for each SKIET share held, based on the merger ratio of 1 to 0.1174540. The merger is scheduled to take effect on January 1, 2027, with new shares listing on January 18, 2027. SKIET, spun off from SK
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08:44

Germany's Q2 GDP Grows 0.3% QoQ on August 25, Beating 0.2% Forecast

According to Germany's Federal Statistical Office, the country's second-quarter GDP expanded 0.3% quarter-over-quarter on August 25, surpassing the forecast of 0.2% and marking 1.0% year-over-year growth. Export strength drove the expansion, with manufacturing value added rising 0.9% from the prior quarter. Exports of chemical products, data processing equipment, and electronic and optical goods led growth, while trade balances with the European Union also improved.