Gate Crypto Flash News and Market Updates

According to ChainCatcher, Robert Kiyosaki, author of "Rich Dad Poor Dad," warned on X that the U.S. Federal Reserve's new quantitative easing policy could erode the U.S. dollar's purchasing power and further increase inflation risk. Kiyosaki stated that those holding cash savings in dollars face the greatest losses, and advised investors to avoid relying on depreciating fiat currency and instead focus on assets capable of appreciating over time.

According to BlockBeats, citing HODL15Capital data, Bitcoin sell orders accumulated near the $80,000 level on major exchanges on August 23. Binance held approximately $13.2 million in sell orders at the $80,000 mark, alongside $31.98 million at $79,945 and $33.27 million at $82,500. Coinbase had roughly $38.74 million in orders near $80,000. HODL15Capital noted that many of these orders have been active for extended periods, with some at Binance's $80,000 level existing for about 99 days and tho

According to Seoul Economic Daily, LG U+ reported first-half 2026 operating profit of 616.7 billion won, up 10.1% year-over-year, with net income rising 3.7% to 393.7 billion won. The telecom operator's service revenue reached 6.06 trillion won, growing 2.9%, reflecting strength in mobile and smart home services. The company's AI Data Center (AIDC) business accelerated, with H1 revenue up 28.9% to 124.1 billion won driven by colocation services. LG U+'s flagship Paju facility, a 200-megawatt com

B.AI has launched DeepSeek's new multimodal model DeepSeek-V4-Flash-Vision-Exp today, making it freely available to all users via API. The model extends DeepSeek-V4-Flash's text and code capabilities with native image understanding, delivering multimodal performance approaching Claude Opus-4.8. It supports mixed image-text input and 1M-token context window. Image input is charged per token with a maximum of 384 tokens per image. Users can access the model at no cost through the B.AI platform.

According to Seoul Economic Daily, NextTrade's trading volume limit exemption expires in early September, putting the alternative exchange's listed stocks at risk of further reduction. The exchange has already shrunk its trading targets from 796 stocks in March 2025 to 610 stocks, a decline of 186 stocks or 23.4%. Current regulations cap individual stock volume at 30% of South Korea's main exchange and overall market volume at 15%. When the exemption ends on September 2, the stricter 30% per-sto

According to F&Guide, LG Uplus' consensus target stock price reached 20,139 won on August 23, suggesting 35% upside from the August 21 close of 14,870 won. Analysts cited improved profitability in core telecom operations and cost efficiency gains. BNK Investment Securities and KB Securities projected full-year operating profit of 1.13 trillion to 1.165 trillion won. The company aims to maintain a dividend payout ratio exceeding 40% and raise total shareholder returns to 40-60%, with dividend yie

According to ChainCatcher, a whale leveraging long positions on ETH and BTC charged 3000 ETH worth $7.24 million to Binance 4 hours ago on Aug 23, realizing profits of $1.91 million. The whale executed the deposit at an average price of $2,413.4, compared to an average exit price of $1,776.83. Since Aug 19, the whale has cumulatively deposited 13,887.15 ETH to exchanges, generating total profits of $6.727 million.

According to Money Today analyst Park Jun-young, SK Hynix announced on August 19 a 40 trillion won share buyback and cancellation program, combined with dividend distribution, to return over 50% of cumulative free cash flow through 2027. The company projects total shareholder returns exceeding 245 trillion won over the three-year period. Park noted the buyback is unlikely to be a one-time measure, with expectations for continued execution to increase per-share value. SK Hynix shifted its 50% FCF

According to Daily Economy, Kiwoom Asset Management will launch the 'KIWOOM Samsung-SK Group TOP4+' ETF on September 1, with Samsung Electronics and SK Hynix comprising 50% of holdings. The fund will also include Samsung Electro-Mechanics, SK Square, Samsung C&T, Samsung Life Insurance, and SK. Meanwhile, U.S. asset manager Roundhill Investments, known for its memory chip-focused DRAM ETF, filed for approval to launch a 'Roundhill Samsung Group' ETF on August 12, with a listing expected in Octob

According to Kyodo News, on August 23, Japan's Cabinet led by Prime Minister Takaichi Sanae saw its approval rating drop to 50.2%, marking the lowest level since taking office.

According to bond market analysts on August 23, South Korea's central bank is expected to raise its base rate by 0.25 percentage points to 3.0% from the current 2.75% at the monetary policy committee meeting scheduled for August 27. Core inflation reached 2.6% year-over-year in July, the highest level in 27 months, according to government data. International credit rating agency Moody's also raised South Korea's 2026 GDP growth forecast to 3.5% from 2.1% previously, citing semiconductor supercyc

According to Mirae Asset Asset Management, its U.S. subsidiary Global X filed for listing of the Global X Magnificent 6 ETF on the U.S. stock market on August 23. The fund will trade under ticker symbol SIX and holds six components: Nvidia, Apple, Alphabet, Microsoft, Amazon, and Meta. The product excludes Tesla from the Magnificent 7 group and is expected to list after October 28, 2026, when the fund becomes effective.

According to BlockBeats, on August 23, the S&P Global U.S. Composite PMI index rose 1.5 points to 56.0 in August, marking the highest level since April 2022 and the third consecutive month of growth. The services PMI increased 2.2 points to 56.8, the highest since March 2022, while the manufacturing PMI declined 0.7 points to 53.9, remaining in expansion territory. U.S. companies accelerated hiring, particularly in the services sector, at the fastest pace since January 2025. These figures sugges

According to Yonhap Infomax, U.S. Treasury Secretary Scott Bessent is expected to announce fiscal deficit reduction measures this week, while Federal Reserve Chair Kevin Walsh will deliver the opening speech at Jackson Hole Symposium on August 28. The 10-year Treasury yield rose 4.00 basis points to 4.7340% for the week ending August 21, marking a second consecutive weekly gain. The 2-year yield climbed 6.30bp to 4.2380%, posting its first weekly increase in four weeks. The 30-year yield gained

According to NYSE data, Merck stock reached a 52-week high of $152.55 on Aug 21, closing up $3.56 or 2.39%, after its Phase 3 clinical trial for Intismeran Autogene—a personalized mRNA cancer treatment co-developed with Moderna—met its primary endpoint. In a study of 1,137 high-risk melanoma patients, the treatment combined with Merck's immunotherapy Keytruda significantly extended recurrence-free survival. Morgan Stanley raised its price target from $116 to $179 and upgraded its rating to overw

According to Bitwise data cited by Bitfinex, public companies and U.S. spot bitcoin ETFs have purchased 1.55 million BTC since the launch of spot Bitcoin ETPs in January 2024, while new bitcoin supply in the same period totaled approximately 455,000 BTC—representing a 3.6x multiple of new issuance.

According to Wall Street Journal reporting on SEC filings, sandwich chain Jersey Mike's completed its New York IPO last month, raising $1 billion approximately 1 year 8 months after Blackstone acquired the company in November 2024 for $8 billion. Following the acquisition, Blackstone removed the company's $41 million corporate jet, eliminated family member salaries that totaled $50.5 million annually, and consolidated dispersed offices into a single headquarters. The company added 8.4% more loca

According to analyst Ali on X platform, bitcoin surged from $62,700 to $79,500 over the past week, marking a 26.81% gain. Ali noted that similar weekly rallies have historically preceded new bull market cycles. Bitcoin experienced a 31.98% weekly gain in 2019 as its bear market ended, followed by an extended bull run. In January 2023, bitcoin jumped 24.90% in a single week after the FTX collapse, reversing prior bearish sentiment. Ali attributed such rallies to forced liquidations of short posit

According to Hyperbot, Huang Licheng (known as Machi Big Brother) just opened a 10x leveraged long position on PUMP, currently holding 2.075 billion PUMP tokens worth approximately $10.55 million with a floating loss of $358,000. Licheng's total portfolio across PUMP, Ethereum, and HYPE positions is valued at around $100 million.

According to PPP prediction market tool monitoring Polymarket, the probability of Trump appointing Margo Martin as next White House press secretary briefly surged to 15% this week before retreating to 9%, up 5% in the past 24 hours. When asked at Andrews Joint Base in Maryland this week about the successor to outgoing press secretary Caroline Levitt, Trump asked reporters: "What about Margo? What do you think of her?" He also joked that he doesn't know the pick, suggesting it could be someone in